Hồ sơ của Branda Rakel

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BTC PRICE PREDICTION$BTC Evening Insight: Bitcoin has broken out of the bearish flag pattern, but it's currently facing resistance at 77370, preventing a continuation of the rebound. This 77370 is now the dividing line for Bitcoin's bullish strength; only a breakout above 77370 will bring Bitcoin back into the bullish zone and initiate a real upward trend. Moreover, only by breaking 77370 can we target the levels of 78536 and the previous high of 79489. Currently, there’s a risk point indicated by the red arrow above; Bitcoin has attempted to break through the 77370 resistance twice but failed both times. If we see two more unsuccessful attempts to break 77370, Bitcoin could face a pullback. A pullback is fine, but we can't let it just keep climbing without any retracement. Even when we sleep, we need to turn over, right? For the pullback, it’s best not to break below the lower boundary of the flag pattern and the 76234 level. As long as the pullback doesn’t fall below this range, breaking the 77370 resistance is just a matter of time. However, if we break below the flag pattern and the 76234 support level, the bullish trend marked in the red box will show lower lows, which would damage that bullish trend and could lead us down to test the previous low at 74973. If that happens, it would be detrimental; let’s hope it doesn’t go that way. Now, looking at the yellow line pointed out by the white arrow in my chart: for a 1:1 pullback, the target for this pullback is 73987. However, Bitcoin didn’t fulfill the 1:1 pullback and instead showed signs of stopping around 75000. Can we say that this pullback from 79489 is nearing its conclusion? Absolutely, and that’s why I went long at 75700 yesterday. I’m not saying this uptrend will go sky-high, but a rebound is certainly possible. The market has provided all the answers; it’s up to you to grasp them thoroughly without getting distracted by all the noise. Bitcoin is breaking out with volume above 77387 for a long position; a volume drop below 76951 with a failed retest indicates a short position, so manage your stop loss well. On the hourly chart, if Bitcoin breaks and holds above 77387, we’re looking at 78536-79489. If it can’t break above 77387, it’s irrelevant. On the four-hour chart, a drop below 76921 targets 75640-74556. I can't write any more; please check the comments section.$BTC {spot}(BTCUSDT)

BTC PRICE PREDICTION

$BTC Evening Insight:
Bitcoin has broken out of the bearish flag pattern, but it's currently facing resistance at 77370, preventing a continuation of the rebound. This 77370 is now the dividing line for Bitcoin's bullish strength; only a breakout above 77370 will bring Bitcoin back into the bullish zone and initiate a real upward trend. Moreover, only by breaking 77370 can we target the levels of 78536 and the previous high of 79489.
Currently, there’s a risk point indicated by the red arrow above; Bitcoin has attempted to break through the 77370 resistance twice but failed both times. If we see two more unsuccessful attempts to break 77370, Bitcoin could face a pullback. A pullback is fine, but we can't let it just keep climbing without any retracement. Even when we sleep, we need to turn over, right?
For the pullback, it’s best not to break below the lower boundary of the flag pattern and the 76234 level. As long as the pullback doesn’t fall below this range, breaking the 77370 resistance is just a matter of time. However, if we break below the flag pattern and the 76234 support level, the bullish trend marked in the red box will show lower lows, which would damage that bullish trend and could lead us down to test the previous low at 74973. If that happens, it would be detrimental; let’s hope it doesn’t go that way.
Now, looking at the yellow line pointed out by the white arrow in my chart: for a 1:1 pullback, the target for this pullback is 73987. However, Bitcoin didn’t fulfill the 1:1 pullback and instead showed signs of stopping around 75000. Can we say that this pullback from 79489 is nearing its conclusion? Absolutely, and that’s why I went long at 75700 yesterday. I’m not saying this uptrend will go sky-high, but a rebound is certainly possible. The market has provided all the answers; it’s up to you to grasp them thoroughly without getting distracted by all the noise.
Bitcoin is breaking out with volume above 77387 for a long position; a volume drop below 76951 with a failed retest indicates a short position, so manage your stop loss well.
On the hourly chart, if Bitcoin breaks and holds above 77387, we’re looking at 78536-79489. If it can’t break above 77387, it’s irrelevant.
On the four-hour chart, a drop below 76921 targets 75640-74556. I can't write any more; please check the comments section.$BTC

Branda Rakel

BTC PRICE PREDICTION

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