Bitcoin is now at 90,000, reaching a resistance area on the hourly frame between 90400$ and 90900$ . A correction is expected from this resistance on the hourly frame, and all of this is within the context of forming wave 1 on the larger frame of the daily chart. It is still unclear whether this rebound is wave 1 of an impulse wave or a corrective rise A. We need time on the larger frame to confirm, God willing. And God knows best.
Short-term Bitcoin wallet retention while they are at a loss has reached a level considered a bottom in Bitcoin.
Swiss Block indicates that the current selling is institutional selling and not a result of market panic or capitulation.
Summary: We are in a bottom area, but the market has not yet confirmed the bottom limit, and continued selling pressure could easily push the price down slightly before stabilizing.#
I expect it reached a peak at 65-66 And currently what happened is manipulation and testing of the broken trend at 63, which quickly dropped. I believe any rise is illusory due to overall market pressure, and no matter how much manipulation occurs, there are targets below, which is very good for the market. God willing, we have the first target to test the support at 57, and closing below it starts the real bull run and the awaited cycle for alternative currencies that have targets like strong projects From 12-16x initially, and then the situation will be assessed overall #
My last post talked about Bitcoin targeting a new peak, and thank God the goal was achieved and I made excellent profits #
القلب النابض
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In short, a new peak for Bitcoin is coming, God willing, like the last real-time analysis forecasting a drop to 106000 and then a rise to a new peak 🔥💰
👑 USDT.D/Dollar Dominance
🔷️ Update on the last analysis that was published:
🔹️ Thanks to God, the analysis achieved the first and second target as I noted 🔥 and this aligns with Bitcoin's correction, which ended weeks ago with Bitcoin reaching 106000✅️ and now, God knows best, I expect a sharp drop in dollar dominance, which aligns with our real-time analysis of Bitcoin and targeting new peaks 💰🤝
⚠️ Of course, you know this is my secret weapon to confirm Bitcoin's direction 🤝 ⚠️ An inverse relationship between dollar dominance and Bitcoin
Minor corrections do not negate the technical outlook for the bullish market Rather, it is a phase of adjusting market behavior and taking liquidity And cleaning up levels and flushing out weak hands
This pattern is something we are used to before every strong rise And in every season for cryptocurrencies
The market still holds strong bullish potential With major targets for both altcoins and Bitcoin and Ethereum
The previous charts that track market developments have been updated In the previous posts #BTCPriceVolatilityNow
Minor corrections do not negate the market's bullish outlook Rather, it is a phase of adjustment in market behavior and liquidity absorption And a cleaning of levels and an exit of weak hands
This pattern is something we are accustomed to before every strong rise And in every season for cryptocurrencies
The market still holds strong bullish potential With major targets for both altcoins and Bitcoin and Ethereum
The previous charts that track market developments have been updated In previous posts#
In short, a new peak for Bitcoin is coming, God willing, like the last real-time analysis forecasting a drop to 106000 and then a rise to a new peak 🔥💰
👑 USDT.D/Dollar Dominance
🔷️ Update on the last analysis that was published:
🔹️ Thanks to God, the analysis achieved the first and second target as I noted 🔥 and this aligns with Bitcoin's correction, which ended weeks ago with Bitcoin reaching 106000✅️ and now, God knows best, I expect a sharp drop in dollar dominance, which aligns with our real-time analysis of Bitcoin and targeting new peaks 💰🤝
⚠️ Of course, you know this is my secret weapon to confirm Bitcoin's direction 🤝 ⚠️ An inverse relationship between dollar dominance and Bitcoin
The Total Whale Holdings indicator, which measures the size of whale holdings of Bitcoin, continues to decline and is experiencing the largest drop in momentum in almost a year!
In the last 24 hours: 🔹 157,049 traders have been liquidated 🔹 Total value: $621.7M 🔸 Of which $561.2M Longs and $60.5M Shorts 🔻 Largest single liquidation: $13.79M on Binance-ETH
The last hour alone saw liquidations of $281.8M! #