We finally saw a local buyback, with price moving up to $63,500
Signs of buybacks are starting to appear again, so a bounce to the key resistance around ~$64k should be allowed. From this trading range, they should start pushing down again, toward a support break...📈📉 #BTC I'll consider this scenario valid as long as the $64k resistance is not broken with a close above it. 📈📉👀
We'll need to adjust to the current situation...📈✅
chibicks
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📊 $BTC
By the look of it, we will most likely get a daily close above this resistance...If that happens, it will confirm a further move up to the next resistance located at 65,000...📈📉👀
By the look of it, we will most likely get a daily close above this resistance...If that happens, it will confirm a further move up to the next resistance located at 65,000...📈📉👀
Based on the current situation, there is a possibility that the selling pressure at the current resistance may not be enough to form a reversal and continue the correction. Therefore, the desired reversal is best expected from the $62-63$k trading range. There are two significant resistances located there, which with a higher probability will be able to finally change the trend to the downside.
chibicks
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ကျရိပ်ရှိသည်
✏️ #Bitcoin
We continue to trade around resistance near ~$62k
For now, they are not very willing to push it down. The price is passively being accumulated in one spot, without showing any certainty -just building liquidity.
For now, they are not very willing to push it down. The price is passively being accumulated in one spot, without showing any certainty -just building liquidity.
As I warned, they are trying to manipulatively push the price higher to flush out the bulk of short positions. It's tough, but so far they are managing to do it
We allow for one more upside impulse to the $62k resistance, after which we will expect the correction to resume with price moving below $57,000
chibicks
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ကျရိပ်ရှိသည်
✏️ $BTC 📈
Overnight, Bitcoin tested the $61,200 and currently at $61,800 level three times already, but each time it met selling pressure and rolled back down.
I think that after a few more tests of the $58,000 level, we will see its final breakdown and the correction will noticeably accelerate...Not much longer now
chibicks
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ကျရိပ်ရှိသည်
📊 $BTC 🟢
Overnight, we saw a drop in #Bitcoin to $57,700, from which a quick rebound back to $60,000 followed...They are shaking it in both directions within the local sideways range, but we noticeably observe selling dominance even when bounces occur, they are quickly neutralized...📈📉👀
Overnight, we saw a drop in #Bitcoin to $57,700, from which a quick rebound back to $60,000 followed...They are shaking it in both directions within the local sideways range, but we noticeably observe selling dominance even when bounces occur, they are quickly neutralized...📈📉👀
We are holding right on the edge of a decent corrective wave...📉📈👀
chibicks
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ကျရိပ်ရှိသည်
📊 Buyers are hanging by a thread...
Here is the confirmation of what I was telling you guys about...The nearest significant buyer liquidity level is located at $55k. 📉👀#BTCPricePrediction
Here is the confirmation of what I was telling you guys about...The nearest significant buyer liquidity level is located at $55k. 📉👀#BTCPricePrediction
We closed the daily candle below $60,000, confirming further price movement from the current consolidation to the next significant buyback level at $56-55k...📉👀
We closed the daily candle below $60,000, confirming further price movement from the current consolidation to the next significant buyback level at $56-55k...📉👀
Since buyers have locally taken the initiative and started dominating, it makes sense to try catching this decent upward impulse.
chibicks
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📊 $BTC
As a result, we got a local bounce and remained closed above $60,000 on the daily...For this reason, my current priority is to see a stronger local rise to the nearest resistance around ~$63k...📈📉👀
As a result, we got a local bounce and remained closed above $60,000 on the daily...For this reason, my current priority is to see a stronger local rise to the nearest resistance around ~$63k...📈📉👀
Given that selling pressure has begun to dominate, I expect a price correction to $21–20, where the nearest daily imbalance is located, currently acting as a price magnet.
chibicks
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ကျရိပ်ရှိသည်
✏️ $DEXE
The asset has shown a rise of more than 70% over the last 2 days. It has now reached a key daily resistance level, from which we are starting to see a pullback...📉👀
The asset has shown a rise of more than 70% over the last 2 days. It has now reached a key daily resistance level, from which we are starting to see a pullback...📉👀