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BuerOnomics
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A bullish retest in
$BTC
🤔Are we going for a new ATH? Well, honestly, we need to wait for the next daily candle.
#BTCPrediction
#Bitcoin
BTC Prediction
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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-0.32%
53
0
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BuerOnomics
@BuerOnomics
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First of all, save this 4H chart if anyone is looking for a perfect entry. Now, time for the $BTC update. In my view, the chart is bearish. Honestly, I'm looking for $85,000, and once the $89,000 zone breaks, we could even see levels slightly below $85K. Here’s why I think this: 1. 4H Timeframe: The 4H TF is forming a bearish pattern and a bearish flag. Selling pressure is clearly visible, and the bearish candles are stronger than the bullish ones. If we focus on this zone, it has been a long-term resistance area. 2. Weekly Timeframe: The weekly TF also looks bearish according to Fibonacci levels. The market did take a bounce near the support zone, but as I said earlier, the candles are weak—it looks more like a bearish retest. If we observe the last few days, the round-trip wick from 92K to 89K caused a lot of liquidation, which to me is another sign of market weakness. If I'm right, the next Fibonacci support is around $78,500. Summary: In short, according to me, the chart is pointing in one direction [bearish] . I may be wrong, but this time the charts are not showing any bullish divergence. (DYOR — I am not a financial advisor) #Bitcoin #BTC
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Done for the day
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Bullish on $BTC , so I just opened a new long of $FARTCOIN with an SL of 0.93. #Trade #BTCPrediction
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Bullish retest in $ETH ? #ETH #BTC
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After looking the current $BTC price action i shared this $ETHFI trade in our group and here's the result :
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