tight to draw strong conclusions from.
As we approach the weekly close, a move back toward $88.6k (Weekly Open and downtrend resistance) cannot be ruled out. For now, $87k continues to stand out as the strongest local support level.
$BTC Update–
Bitcoin remains largely unchanged from yesterday, with very low volume and continued sideways price action. A slight uptick in strength this morning suggests some demand around $87.5k, but with resistance still holding at $87.8k (Monday Low), the range remains too
In the meantime, some altcoins particularly within the privacy narrative are showing strength, and I’ll be watching for further opportunities there if momentum continues.
Market Update–
Once again, #Bitcoin has lost the $87.8k (Monday Low) and is now facing resistance as it attempts to reclaim this level.
The 4-hour support zone around $87k continues to hold, but price action remains very tight, ranging between $87k–$87.8k.
Over the next 24 hours, and with typical weekend volume, it wouldn’t be surprising to see $BTC continue chopping within this range.
We have limit orders set lower in the Premium Group, which are likely to get filled if $87k breaks with a confirmed 4-hour close.
#ADA Analysis:
$ADA is currently forming a falling wedge pattern, which often signals a potential bullish reversal. Price is approaching a key demand zone, and gradual accumulation around the $0.35 level could be considered. On the upside, the next major resistance lies in the
Market Update
Yesterday, #Bitcoin saw another strong rejection from $90.3k (Monthly Open), a key resistance zone we’ve been highlighting throughout the past week.
This morning, $BTC lost $87.8k (Monday Low) on the 4-hour chart, which is not ideal for long positions.
Until this level is reclaimed and holds on the 4-hour timeframe, there is a realistic possibility of a move lower, with a potential test below $86k.
I’ll be monitoring both long and short areas of interest, but risk management remains crucial in this environment.
before the end of the day.
That said, caution is warranted. Recent price action shows that Sunday pumps are often followed by a sell-off at the start of the trading week. I’ll be watching closely for additional confirmation in the coming hours before drawing any conclusions.
$BTC Update
At the time of writing, #Bitcoin is attempting to break out of the 4-hour downtrend (orange trendline). As we approach the end of the weekend, we’re seeing the usual uptick in volatility. With sustained momentum, #BTC could make a run toward the $90k level
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range and chop around current levels.
As long as $BTC remains below $90.3k, a move toward $85k remains likely. I already have limit orders set in the Premium Group, so I won’t be looking for any new market entries today unless we see a clear break out of this current range.
$BTC Update
#Bitcoin continued to show weakness yesterday, losing the $90.3k (Monday High) support level. While we’ve seen a reaction from the $88k zone, $BTC has so far failed to reclaim $90k on the 4-hour chart. Considering it’s a Saturday, it’s reasonable to expect price to
renewed strength this morning, price is currently hovering around the Monday mid-range. For now, my focus is on how price reacts when either the Monday Low or Monday High is retested.
This week’s Monday range sits between $83.7k and $90.3k.
$BTC Update
After briefly losing the $85.2k level (previous weekly low), #Bitcoin has reclaimed it on the 4H timeframe. Yesterday’s drop to $83.7k played out perfectly for the Premium Group, where our limit orders caught the $ETH bottom at the same time.
Although BTC is showing
$BTC Update
I’ve been highlighting the $91k–$93k #Bitcoin resistance zone for days, so last night’s rejection and subsequent dump from that area came as no surprise. Price has consistently failed to reclaim that level. In fact, our Premium Group had a limit short set for this
exact zone days ago so catching that move down definitely felt good.
With today marking both the weekly and monthly opens and it being Monday I’ll be watching price action closely over the next few hours. If $85.2k (previous weekly low) fails to hold,