Finally we are seeing #Bitcoin move after testing the W21. Thought we were heading a bit higher but not even that. This just confirms more that new lows are expected this year. The two week closes this week and if we close below the 55, higher probability the 200 is next which is below 50k. I'll be on vacation for a week starting tomorrow, therefore, won't be here for the weekly close.
#Ninjaupdate #BTC $BTC
#Bitcoin has closed the weekly at $63,302.
Lowest weekly close since October 2024. Weekly managed to close above the 200 MA after going below it. Despite this, there is a higher probability that we will go lower in the upcoming weeks. I do not see us going down in a straight line, there will be a bounce before continuation to the downside. Once we close a weekly below $58.3k, it'll be an early warning that the next support will be tested which is around the 47k-50k. This will be the area where it'll be a good idea to accumulate more #BTC (mentioned this back in April). I'll reserve my ultimate low prediction for now.
#NinjaWeeklyUpdate #BTC $BTC
#Bitcoin has closed the weekly at $63,302.
Lowest weekly close since October 2024. Weekly managed to close above the 200 MA after going below it. Despite this, there is a higher probability that we will go lower in the upcoming weeks. I do not see us going down in a straight line, there will be a bounce before continuation to the downside. Once we close a weekly below $58.3k, it'll be an early warning that the next support will be tested which is around the 47k-50k. This will be the area where it'll be a good idea to accumulate more #BTC (mentioned this back in April). I'll reserve my ultimate low prediction for now.
#NinjaWeeklyUpdate #BTC $BTC
#Bitcoin has closed the weekly at $70,755.
Targets basically remain the same which is why I haven't posted since March 15th. We have just been trading sideways for weeks. A break of 74k and we can see one last move to test the 80k-85k zone before making our way to a new lower low. This was the most higher probability but as more weeks pass, the probability lowers and the higher probability is a failure to break 74k and instead making our way to new lows. Once we resolve the sideways movement, I'll post again. Make sure to acquire new capital to deploy into #BTC once we are below $50k. It'll be our last chance to buy it under those levels before we start the next bull run next year.
#NinjaWeeklyUpdate #BTC $BTC
#Bitcoin has closed the daily at $77,098.
Highest daily candle close since Feb 2, 2026. We finally broke above the 74k resistance. Think we have a few more gas in the tank to try and get above 80k and try to even test the 85k zone. This will be the area where I think we will run out of fuel and put in the LH. Still think we will try to find the LL of the bear cycle later this year. Enjoy your weekend and will try to update the weekly close.
#NinjaDailyUpdate #BTC $BTC
Weekly has finally tested the 200MA for the first time since Oct 2023. Closing the weekly below and we can see a quick move to test the support under 50k
#NinjaUpdate#BTC $BTC #Bitcoin
Well, you should know what's next. Best case is to revisit the lows and bounce but the worst case is lower lows under 50k and even a quick wick to 40k.
#NinjaUpdate#BTC $BTC #Bitcoin
All going according to plan. No new update. Finally above 80k. Let's see how far we can push before going much lower.
#BTC#Bitcoin $BTC #NinjaWeeklyUpdate