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Bitcoin (BTC/GBP ) Bullish! - April, 7th 2024Bitcoin had broken a previous Support Level at: "£53K" which acted as a Resistance area back from April, 4th. As as result, this created an uptrend. £55.6K is now acting as a strong Resistance zone from the current dump that we've just experienced. BTC bulls have managed to push the price above £54.2K, which was a key level on multiple time intervals. For this instance, the 4-hour candles closed above this level, retest to £55.6K will happen very soon. If bulls can break this level, which wouldn't be surprising before the halving, momentum will push further past "£56.6K" with no difficulty! Line of Support= £54.2K🟢 Line of Resistance= £55.6K🔴 Target= £56.6K🎯 ‼️DISCLAIMER PLEASE READ CAREFULLY‼️ *(THIS NOT FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH! I AM NOT RESPONSIBLE FOR ANY LOSS OF EARNINGS FROM ANY INVESTMENTS YOU MAKE BASED OFF ANY OF MY IDEAS. ONLY INVEST WHAT YOU CAN RISK TO AFFORD TO LOSE IF YOU MAKE THE DECISION TO DO SO. DO NOT INVEST, UNLESS YOU'RE PREPARED TO LOSS MONEY, IF NOT ALL.) (CRYPTOCURRENCY CAN BE HIGH-RISK INVESTMENTS DUE TO THE VOLATILLITY OF IT'S NATURE, AND YOU SHOULD NOT EXPECT TO BE PROTECTED IF SOMETHING GOES IN THE WRONG DIRECTION.)
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by Bitcoin_Benny
Bitcoin Technical Analysis - what you need to know for sure!!! BTC continues to evolve between the 11.000$ Support level and its short-term downtrend as we expected. As BTC is getting close to its support level at 11.000$ we expect a rebound toward its downtrend. As long as volume stays flat, we maintain that BTC shall continue to evolve within this range before breaking out to the upside. *we gather information We would be happy if you leave a LIKE and a Follow for us! Thanks
COINBASE:BTCUSD
by MyDailyUpdatesForCrypto
3
BTCEUR, Verification Moment of the TrendOk. At this moment if BTC, will break the resistance at 9572 EURO and the resistance will be work like a “NEW SUPPORT” you can BUY for open a LOGN POSITION into (ZONE A). But if BTC going in a retracement in direction of dynamic support (Yellow dotted line), I think that it’s better that you buy in a ZONE B. - Be careful and verify the force and speed of the trend before the move. #follow and #like #me if you will want my support
by gabrielestampa
Update: $BTC is Going Back to 7K! Here is Why...This my update from my latest BTC update (you can get it here: ). I wanted to do it in a higher time frame which is 4HR and before was 1HR. As the boxes is not relevant right now but the RSI level and 2 others indicators are looking pretty bullish sign at the very moment. Including the price action supporting so. There will be a 40:30:30 for my bullish:bearish:side way (ranging 6200 - 6600 in couple of days/weeks as this chart stay valid), at the moment I see that we might probably heading towards 7K because of the first is majority of the market really glad if we're doing so and there are a lot of positive sentiments lately that indicates and supporting this might happen. We'll see it at the end of this month by the way. Will re-asses my chart if it's get invalidated by bearish momentum, if we just break 6200 - 5800, it will be quite down ward for me. On top of all, the bearish sign coming actually from the market maker, which are having a lot of of this holding / fiat to moving the market up and down, and there are tendencies moving the market down. Even tho there are actually those market makers who can make the price going up, but they just don't want to risk it all since they also get beaten by another market makers probably, so it's better for them to watch from the sideline and waiting for the trend change. It's safer than betting against the market. It's already a month after our a dead cat bounce crawling from the bottom to the top of 7200-7400 and then dumped so well back to 6100 in a matter of second. This is what I'm defining as market makers (: So, trade safe! Support me by follow, likes and sharing this idea. Cheerio!
COINBASE:BTCUSD
by blockchaindedi