CryptocurrencyWatchGroup

CryptocurrencyWatchGroup

For the Bulls to make a comeback, Bitcoin must surpass $57,000 and hold that level to demonstrate bullish momentum. If it fails to break $57,000, we could see a decline back to $52,000.

CryptocurrencyWatchGroup

Bitcoin has broken a major support level at $57,142. If it fails to hold the support at $52,213 and cannot stay within the $55,000 support zone, we could see Bitcoin drop to $47,118.

CryptocurrencyWatchGroup

On the 4-hour chart, we have a bear flag forming. If this pattern holds, our next support level is at $56,855.00.

CryptocurrencyWatchGroup

I'm not making any predictions; let's see how this plays out. Please give me a thumbs up if you found this helpful.

CryptocurrencyWatchGroup

Alright, everyone, it's been a rough day for the US Stock Market. The Dow Jones plummeted following the job report released this morning. In response, I'm anticipating Bitcoin to retest the Fibonacci .618 level and consolidate around $61,000 for a few days. Let's check back in a couple of days to see how things unfold.

CryptocurrencyWatchGroup

Alright, ladies and gentlemen, don't get too excited just yet. There was a small rally this afternoon for Bitcoin, but it is still showing bullish tendencies. Bitcoin encountered resistance once again at the Fibonacci 0.236 level. We expect it to come back down to retest the Fibonacci 0.382 level, and if that doesn't hold, the next support will be at the 0.618...

CryptocurrencyWatchGroup

Bitcoin's decline hasn't ended yet; anticipate that it might drop to the 0.618 level before it begins to recover with bullish momentum. This assumes Bitcoin fails to find support at the 0.382 level.

CryptocurrencyWatchGroup

Expect in Bitcoin to come down later on today, at least by 9% losing value.

CryptocurrencyWatchGroup

Bitcoin is almost there already launched for the upcoming bull run. The timeline that Bitcoin will start making big moves is in the second week of December 2022. As I have called each year someone will have an early Christmas.

CryptocurrencyWatchGroup

Bitcoin is still not out of the woods yet. It's still hovering over the resistance line of $19062.42 and it still has the downward trend line for resistance as it tag it a few times in the past. Bitcoin needs to make it above that downward trend line to have a fighting chance of it acting bullish. People are calling for the bottom is in, but I don't think the...

CryptocurrencyWatchGroup

Bitcoin is stuck at $19062.42 if cannot get above that resistance line next support is at $18660.57 and if that does not hold we will see Bitcoin at $17927.93.

CryptocurrencyWatchGroup

Ethereum has support at 1238.00 if this support doesn't hold up then we can see an ETH at 1000.00

CryptocurrencyWatchGroup

Terra Classic LUNC broke to the downside. Now let's see how low can LUNC go. We still have support at 0.000223. If the support line (0.000223) doesn't hold up we could see 0.000195.

CryptocurrencyWatchGroup

We have on LUNC descending triangle that with this move we can see Terra Classic break to the downside right about to the 0.0001800 areas but if it becomes bullish we can see a 36% jump to about the 0.0003500 areas.

CryptocurrencyWatchGroup

Ethereum needs to bounce to get above 0.786 or we can see ETH at $1244.50.

CryptocurrencyWatchGroup

If ETH cannot get this bonus off at the Fibonacci 0.236 that it needs we can see Ethereum com down to $1300.00 a coin.

CryptocurrencyWatchGroup

If Bitcoin breaks out (downwards) of this channel our next support line will be at $17934.71

CryptocurrencyWatchGroup

BTC is in the danger zone... We need to bounce off of 0.618 to above the 0.236 Fibonacci level or it will not be A pretty sight to see next week.