$BTC Had its first close below the Weekly 200MA since October 2023.
Now arrived right at the .618 Fibonacci retracement level from the entire move up.
If we see some bottom formation/consolidation around this area that could make for a good setup along the lines I think.
But a lot of alts are arguably more interesting to trade than BTC right now. BTC is mainly for long term spot accumulation for me right now. But I do this slowly.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, with price consolidating above support after a recent recovery move. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.815 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, with price consolidating above support after a recent recovery move. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.119 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, with price consolidating above support after a recent pullback. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.09353 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, with price consolidating above support after a recent recovery move. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.0685 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, with price consolidating above support after a recent recovery move. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.187 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, with price consolidating above support after a recent pullback. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.02181 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, with price consolidating above support after a strong breakout. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.695 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, with price consolidating above support after a recent pullback. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.0480 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower time frames, with price consolidating above support after a recent recovery move. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $3.88 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, with price consolidating above support after a strong advance. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.103 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, with price consolidating above support after a recent advance. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.390 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, with price consolidating above support after a recent pullback. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.0465 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, with price consolidating above support after a recent advance. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $2.50 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, with price consolidating above support after a recent pullback. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.134 holds, bullish continuation remains the higher-probability path.