#BTC 25/11
BTC bounced with a decent volume after hunting stops below the past low. MACD crossover is showing bullish momentum.
A solid breakout of $17,100 would be the confirmation of the bullish momentum in the market, while a rejection will result in further range play.
#BTC 14/11
BTC is forming a falling wedge on 1W TF. Its trendline support is coming to around $14K, where there's also a horizontal support zone from 14K to $12.5K
Currently, there is indecision in the market. RSI is in the oversold. We might see a last down move toward soon ๐
#BTC 1/11/2022
BTC breakout descending triangle and retesting above the horizontal support of $20,250 and rejecting from $21,000 resistance.
If the price continues to reject from here then the POC (point of control) level is coming at $18,700 on weekly TF soon ๐
#BTC 9/10
BTC breakdown ascending triangle & retesting below it. A successful retest would result in a downward move towards the marked horizontal support.
If it fails, get back into the ascending triangle and give a close above $19,600, this would turn out to be a bullish sign.
#BTC ANALYSIS
BTC got rejected from the main resistance level.
Currently, if bulls couldn't able to regain momentum here and failed to do a clean breakout above $20,500 then a down move is expected toward the horizontal support of $18,600.
#BTC ANALYSIS
BTC breakout long descending trendline, retesting above it and trying to break the MSB level at $20,400.
Here 20475$ with a wick, and bulls need a decent volume to breakout this resistance with a decent candle close above it to proceed with the bullish force.
#USDT DOM ANALYSIS
Rejected from the horizontal resistance and currently back on the horizontal support that previously acted as a strong resistance.
A bounce from here =towards the resistance zone, and a break below horizontal support + a retest = bullish for crypto market !
#BTC 23/9
$19,555 is a strong resistance level and bulls need a successful breakout above it to confirm a bullish trend, while continuous rejection from here, would be a sign of further range play.
#BTC
Bitcoin spilled quite heavily tonight (in the Asian session) due to large volumes on sale.
What fundamental reason led to that surge in volumes is still unclear, but perhaps it's all about the same negative expectations from the FRS meeting, which will be on September 21..
Puell Multiple has been ๐ฏ Accurate with #Bitcoinย Bear Market Bottoms!
For now, #BTCย hit โbottomโ at SAME levels as 2015, 2018 & 2020 Lows. This is 6th time in $BTC life that itโs been at these lows..!!๐โ๏ธ
#BTC/USDT ANALYSIS
BTC reaches below the horizontal support and now again consolidating in a descending triangle, currently rejecting from its resistance trendline.
Price is trading in a very narrow zone and trying to hunt stop losses of both long and short positions.
#Bitcoin Percent Futures Open Interest Crypto Margined on Binance has dropped to a healthy all-time-low of 13%.
This is a 42% drop from the ATH of 55%, recorded during the May 2021 top, during a period of peak exuberance and speculation.