Bitcoin bears aint letting it go higherBitcoin/1H exited the rising broadening wedge and stopped at the previous point of pump.
Please Follow,Boost,Comment.helps me wake up in the morning ^_^
With this bitcoin dump we expected a new Lower Low to form showing that BULLS are actually OUT of the market but Nope, it held the previous point of pump showing that Bulls still have little bit more left
BTC can comeup ~22.7 perform a bullish retest and goes as high as 27K stopping at the bottom of a CME GAP , jebaiting the moon boys and then crash down at the Next important Event ( FOMC , CPI )
IT could Also legdown another 5% getting close to the 20K gap , meaning no more upside and the down trend actually started.
Fundementals + detailed explanation on the video
Thanks for watching
Bitcoinpredictions
Bitcoin Jebating The Mega Dump!!Bulls Last BreathBTC/1H Trying to reach ~24.4
After yesterdays dump to the bottom of the rising broadening wedge (pink line) bitcoin is trying to go higher making a new high ~24.4 where lots of liquidation is.The pink support line is holding bitcoin so inorder to leave 23K there must be a big sell off that breaks through that support
After 24.4 (yellow circle) we could bleed down or cosolidate before NY market open for another leg down.SPX yesterday bled heavily so today it could continue.
Next stop around ~22.7 and if that doesnt hold its ~ 21.6- also expect a capitulation candle if SPX loses 3900.
Please Boost,Follow,Comment if you find it informative
Bitcoin Bitcoin MARKET UPDATE
Bitcoin support levels - 20500$ and 20000$ strong Support
Bitcoin resistance - $20700 and 21000$ strong resistance
Market depends upon Bitcoin movement so trade with risk management I updated you about Bitcoin next movement.
———————————————————————
Analysis -
BTC Support is at 20500$ and 20000$ Resistance is at $20700 and $21000 Trade carefully and manage your risk according to mentioned support and resistance levels.
Looking at 1 hour timeframe, Volume is good and BTC Price above EMA 10 20 50 100 200 Currently RSI is at 68.26
BTC dominance is at 40.23 and Total Crypto Marketcap is at 1.03T
Bitcoin Btcusdt Bitcoin, BTCUSDT MARKET UPDATE
Bitcoin support levels - 20000$ and 19500$ strong Support
Bitcoin resistance - $20600 and 21000$ strong resistance
Market depends upon Bitcoin movement so trade carefully with risk management. We updated about btcusdt Bitcoin.
———————————————————————
Analysis -
Bitcoin price struggled to gain pace for a move above the $20,650 resistance. BTC reacted to the downside and traded below the $20,400 level after the fed rate hike of 0.75 bps.
The price declined below the $20,250 support level and traded close to the $20,000 level.
Bitcoin also forming a double bottom which is Bullish pattern
Bitcoin Fear and Greed Index is 30
Breaking 20,000 support is not good for Alts manage your risk accordingly to support and resistance levels
Looking at 1 hour timeframe, Volume is low and BTC Hold support of EMA 10 Currently RSI is at 47.7