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$BTC reaches $85,000 as per mention earlier. Hope everyone enjoys their profits. Follow me for more updates like this.
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
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
I shared my analysis with my group when $BTC was at $92,300. I predicted the move to $85,000. It was a simple, one-directional prediction . I didn't offer any two-way scenarios like "if this happens, the price goes here." Just one single direction and here's the result
#BTC #BTCanalysis
#BTC #BTCanalysis
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
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
Done for the day
Bullish on $BTC , so I just opened a new long of $FARTCOIN with an SL of 0.93.
#Trade #BTCPrediction
#Trade #BTCPrediction
After looking the current $BTC price action i shared this $ETHFI trade in our group and here's the result :
Bhutan has quietly mined 12,000 $BTC , valued at $1.3 billion since 2020. The country now holds nearly 40% of its GDP in Bitcoin, making it the world's third-largest state holder
#BTCPrediction #Bitcoin
#BTCPrediction #Bitcoin
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
#BTCPrediction #Bitcoin
Bitcoin long-term holders have diamond hands — not selling a single $BTC despite the circumstances.
#BTCPrediction #Bitcoin
#BTCPrediction #Bitcoin
$BTC dominance continues to rise, and I believe the bullish retest has already occurred. Once it breaks the trendline, we could see another drop in altcoins very soon.
#BTCPrediction #Altcoin
#BTCPrediction #Altcoin
I was analyzing $GALA , and it looks really good. The price has bounced from the support zone, and there's also some strong spot volume. Even on the lower timeframes, it's showing a bullish divergence. So, I’m entering with 10% margin at the current market price,as per the targets I’ve already mentioned.
#Trade #Spot
#Trade #Spot
Honestly, I don't believe the news pumps . $BTC looks bullish, but in my opinion, it's not. As we can see, we touched our resistance zone with a wick, and other candles are also weak. So, my suggestion is to not take any longs until we break this zone.
#BTCPrediction
#BTCPrediction
I was analyzing at $AI16Z , and as we all know, AI tokens are doing well these days. On the chart, there's a strong support zone, which has also worked well in the past. On smaller timeframes, it's showing a bullish divergence. So, I’m entering with 10% of my capital as I believe a good rally might come from here.
#BTCPrediction #Altcoin
#BTCPrediction #Altcoin
#Ethereum whales are accumulating $ETH as if the supply is running out. Could this be a sign that altseason is approaching ? 🤔🤔
#CryptoNews
#CryptoNews
$BTC is liquidated both long and shorts , just market manipulation . Trade safely
#BTCPrediction #Bitcoin #FOMCMeeting
#BTCPrediction #Bitcoin #FOMCMeeting
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