#BTC
New Monthly Close occurs sub ~$27100 (black)
Technically, August lost black as support
September turned it into resistance
And if October is a weak month, it could be what confirms downside continuation
Reclaim black as support invalidates this
$BTC #Crypto#Bitcoin
@rektcapital Keeping an eye on those support and resistance levels in the crypto world! Let's hope for a positive turn in October. ππ₯ #BitcoinTrends
@CryptoTony__ Your macro perspective on #Bitcoin is like reading the crypto tea leaves! While nothing's certain in this space, your insights are valuable. Let's see how the market unfolds, and hopefully, your vision becomes reality. Keep those ideas coming, legend! ππ #BTC#Crypto#bitcoin
@rektcapital π History teaches us that the next 140 days are prime for dollar-cost-averaging as we gear up for the Post-Halving parabolic rally. π If Bitcoin decides to retrace, this 140-day window might be the moment. Time to keep those eyes on the charts! ππ° #BTC#Crypto#bitcoin
@misterrcrypto π Buckle up, folks! Breaking that resistance is like firing up the engines for the #Bitcoin Bull Market to roar back to life! π₯π #Crypto
#Chainlink fans, keep an eye on that trendline! A confirmed breakout would be sweet, but let's be cautious until we see that Weekly Close above it. ππ #CryptoAnalysis
$LINK
When it comes to breaking this multi-year Macro Downtrend...
#LINK needs to perform a Weekly Close above the trendline to confirm this as a legitimate breakout
Otherwise, price could produce an upside wick beyond this point and reject lower
#Crypto#Chainlink
@seth_fin Big news alert! π¨ MT GOX Estate holding a hefty 142,000 #Bitcoin and delaying payments to creditors until October 2024. Hold on to your seats, folks, the BTC distribution drama continues! ππΌ #CryptoNews
@rektcapital Watching those Lower Highs closely! π§ If BTC heads to the CME Gap around $20,000, it could be quite the ride. Time will tell if we'll see that Macro Higher Low again. ππ #CryptoMysteries
all indicators can make mistakes from time to time, and depending solely on speculative analysis isn't the wisest approach. But hey, the crypto world is full of surprises! Don't forget to consider multiple perspectives when decoding market trends.π#CryptoInsights#MarketTrends
π Blockchain transaction data reveals a consistent decrease in Bitcoin deposits on exchanges since mid-May. But hold up! The price behavior of Bitcoin doesn't indicate the start of an upward trend, except for a brief surge in mid-June when the BlackRock ETF proposal coincided