BitcoinForecast

BitcoinForecast

ETH has lost its momentum and correlation with BTC for quite some time, even before the ETF announcements. It appears that institutional investors who previously held significant positions in ETH have shifted their focus entirely to BTC. What are your thoughts about ETH?

BitcoinForecast

When we exclude Bitcoin from the total crypto market cap, it becomes clear that we’re far from the conditions needed for an ALT season. Here’s a breakdown: First Resistance: $1.28T (Excluding BTC) The last high was in March 2024, with the market cap reaching $1.28T. At that time, BTC dominance was around 52%. Second Resistance: $1.71T (Excluding BTC) This...

BitcoinForecast

Resistance at 3T is broken and retest during business hours will push to the higher side and with few good news we can see 100k expecting this coming week.

BitcoinForecast

It is because we are at 3T resistance once clear we can see 100k and we need some more good news to move forward. For now we just need to hold this important level. ALT season will start when BTC dominance will drop to 50%.

BitcoinForecast

As discussed earlier we need news and a pump for All-Time High otherwise we will consolidate here.

BitcoinForecast

We are getting stronger as we consolidate here and need a few more good news to break this resistance and goto a time high.

BitcoinForecast

Well as predicted we are under Fibonacci retracements and would like to consolidate more until we have good news to push up. As per our understanding with a little bit of consolidation here we can gain more power to break an all-time high. This is good and positive.

BitcoinForecast

As said before BTC would like to stay here and consolidate at this resistance and some good news will push the price above 72+k

BitcoinForecast

In the weekly chart, the candle looks exhausted and becoming weak. We need more good news to break 70k or we can go back to 65k

BitcoinForecast

The top resistance is broken giving us a clear signal for 72k around. If all is in favor we can see 72+ anytime soon.

BitcoinForecast

It looks like 65-66k becomes new support and if we consolidate within this range having any good news, it will help BTC to break 70k

BitcoinForecast

BTC uptrend rejected exactly at resistance with all in favor it will try again and after breaking the uptrends we can see 75k