Binance Square
Discover
News
Notification
Profile
Bookmarks
Chats
History
Creator Center
Settings
Post
carol_crypto
--
Ualifi Araújo
·
--
Bullish
Analysis $BTC 07/02/2025

#BTC, AGAIN we had good support in the $95,500 region (which was expected), and this time we jumped towards $100K. Despite a strong movement towards $100K, we were unable to close a 4h Candle above $98,400, which was essential here for another attempt to go to $105K without too many problems.

We are very close to the weekend, and it is essential that we have a close today as close as possible to $98,400, or we will start talking about a lower move to activate new large BUY orders (in the green range again).

There is still a lot of disbelief in the market and people are still being bearish all the time, but the big holders are not bearish, they are sneakily creating conditions throughout the market for a quick and strong rally that obviously most will miss, it has always been this way.

I am not particularly worried about the current blue band, any dip is just for us to quickly climb again. Time is on the BULLS' side, so...we are good!

Take the weekend to relax and be with the ones you love, there is nothing that can't wait until MONDAY.

THE THOUGHT IS THE SAME:

I am still confident here and the support in the green band is still support until it is not anymore, so don't suffer in advance, if you are not trading futures, get off the charts, relax and come back next week.

One important point to mention is that the big SELL orders that went down to $102K are unlikely to be true at all, so if we can get above $102K next week or close above $101,300 it will put us right at $108K.

Although things look bad, they are not as they seem, we have been through this and we know the main direction is up!

I WILL CONTINUE HOLDING ALL MY ALTCOINS!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC-2.26%
1
316
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
Cookie Preferences