Bitcoin / TetherUS

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Bitcoin / TetherUS forum

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BTCUSDT Bitcoin is trading around $106,200 with short-term bearish pressure; holding above $106K keeps it stable, but a breakout above $108.8K is needed for bullish momentum.

BTCUSDT With this Bill passing, BTC will gain momentum again. ATH in the near future. Gov spending will cause the dollar to lose value. Inflation/ long out Hyperinflation IMO. Fiat woes

BTCUSDT.P Price forming bullish flag pattern
- Price could drops 105k before going p
- 50 EMA will act as a strong. support

we can confirm the bullish move once the price breaks flag resistance line BTCUSD
Snapshot


BTCUSDT very messy and choppy price action since last week. keep it short and simple. 109k incoming (well let's see)


BTCUSDT.P BTCUSD BTC1! BTC.D

๐Ÿšจ UPDATE: As mentioned earlier, BTC broke below the 107,500 support, followed by a breach of the secondary key level at 106,700, resulting in a drop into the 106,000โ€“105,500 zone, perfectly in line with the analysis.

BTC is now testing the 105,500 support. If this level holds and the price bounces and closes above 107,300, it could temporarily invalidate the flag breakdown, potentially opening the door for a move toward the 108,000โ€“109,000 resistance zone.

However, if BTC breaks and closes below 105,500, the correction may deepen toward 104,000-103,000 and further toward the flag breakdown target of 100,500โ€“100,000.

In the short term, a bounce from 105,500 toward 107,100 remains possible, aligning with a retest of the flag breakdown structure.
Snapshot

BTCUSDT.P These is really funny, whenever BTC drops some people say 92k-96k and whenever it rise some says ATH ๐Ÿ˜†๐Ÿ˜†๐Ÿ˜†

BTCUSDT 96k incoming, the market is so fcking hyped up with all the good news, just like they fear selling with all the bad news, both SP500 and NASDAQ must retrace at least 5% to make the trade profitable