#BTC
has been struggling to break through the $70,000 mark and recently tested the expected support area. Currently, BTC is holding steady above this support level and we may see some sideways movement over the next few days. If the price does drop, the next support level to
Bitcoin balance on exchanges has hit a 5-year low, indicating that traders are accumulating BTC for the long term. This trend suggests growing confidence in Bitcoin's future potential.
#BTC
has managed to break the $57,000 level on its second attempt, which is a positive sign that the market is moving up. It will be interesting to see how the price reacts when the US markets open today. The impact of the market dump is almost over, and the market has returned
#Ethereum
is unable to break above the $2500 level. Price drops from there and goes below the support level to hunt stop losses. The good thing is that the price does not give a candle close below the uptrend line. A candle close below the uptrend line is bearish.
#BTC
is currently consolidating in a symmetric triangle pattern on lower time frames, which suggests that a crucial decision point is approaching. The direction of the next move will be determined by the breakout from this triangle. The support and resistance levels remain the
#BTC
price has recently dropped below the $70,000 level after failing to hold above it. However, BTC is currently attempting to reclaim this level. It remains to be seen whether or not the price will be able to successfully rise above $70,000. The market is currently sending
The TOTAL crypto market cap broke the downtrend channel in an upward direction. This is a good sign for the crypto market, and we may see a continuation of the upward movement. The next few months will be good for the crypto market.
#BTC
experienced a rebound after testing the support area of $64,000-$65,000. As of now, we may observe some sideways movement between the support and resistance area. If the price falls below the support area of $64,000, it is likely to push towards the support area of
#BTC
made an attempt to surge past $70,000 but faced rejection. If it fails to breach this level, we may witness a test of the $64,000-$65,000 support range. Anticipate sideways movement during the weekend.
We had anticipated that
#MATIC
would drop from the resistance area, which is why we advised you to book profits. The price has now tested the support area and has bounced back up. If this support level holds, we could see another move towards the resistance area.
Support Area:
#BTC
has broken the downtrend channel and is currently trading below it. If a daily candle closes below this trendline, we will likely see a test of the $40,000 level. This is a crucial level to watch, so using tight stop loss in all trades is recommended.
#BTC
has recently climbed back up to the $60,000 level and is currently trading above it. This is a positive for the crypto market, as it suggests that the upward trend is continuing. It remains to be seen how the price will react when it reaches the $65,000 level, but many
$ETH broke the small downtrend line and is now trading above it. This is a good sign for the altcoin market and we may see a small upward rally in altcoins. The resistance for ETH remains the same.
The German government has sold all its BTC holdings. Remember, for every seller, there's a buyer on the other side. Accumulation is happening, and this could lead to a massive rally.
#BTC
has recently rebounded from the support level between $64,000-$65,000 and is currently range trading between support and resistance. It remains to be seen whether BTC will be able to break above the $70,000 resistance area or not. We anticipate more sideways movement for the
#BTC
is currently displaying a pattern similar to what was observed after the market pump. It remains to be seen which direction the small triangle will break, which will determine the next move. As of now, the support level is in the range of $48,000-$50,000. The market is still
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#BTC
is currently testing the resistance area, but the overall market structure remains bearish. No significant changes have occurred. We'll closely monitor whether BTC can break above this resistance area. The support level remains unchanged.
#Bitcoin
has been struggling to surpass the resistance area, and it has been rejected from there once again. Meanwhile, altcoins are hitting hard because the spot
#BTC
ETF decision is on 10th January and we may see high volatility in
#Bitcoin
the same day. Keep tight stop loss
#BTC
is currently trading within a symmetric triangle pattern. If the triangle breaks down, the price may fall to the $37,500-$38,500 support area. Conversely, if it breaks out, the price may head towards $45,000 resistance level.
#BTC
has broken the $70,000 level and is now testing the major resistance area, signalling a heated market for the next big move. An FOMO pump is expected after BTC breaks above the $72,500-$73,000 area.
Finally,
#BTC
has broken above the $60,000 level and is now retesting it. The price needs to hold the $60,000 level, which is bullish. We may see a continuation of the upward movement.
#BTC
has been experiencing an aggressive surge and has successfully broken through a major resistance area in just one attempt. This is a positive indication for the cryptocurrency market and is likely to attract new investments. However, we should be prepared for a minor
#BTC
bounced from the support area but was unable to keep the upward momentum. Price is now slowly going towards the support area and we may see a bounce from there. Today is the
#FOMC
meeting and we are expecting high volatility in the market.
#BTC
has climbed above the $48,000 mark, marking a positive development. However, it's crucial to note that this level serves as a significant resistance zone, extending up to $50,000. Additionally, $48,000 is a psychological barrier for traders. It remains to be seen how the
#BTC
is gradually trending upwards, hinting at a potential move towards the $70,000 level. Should BTC successfully surpass this milestone, it could trigger a significant upward rally in the broader crypto market.
#BTC
again bounced to the resistance area. Price is respecting the support and resistance level and moving back and forth. We expecting the same sideways movement between support and resistance for this week.
#BTC
is currently hovering near a resistance area, and we may witness a significant price movement in either direction soon. The selling pressure from Grayscale spot Bitcoin ETF has been decreasing. The support and resistance levels are unchanged. If the price breaks above
#BTC
is currently trading sideways, with the price hovering near a key resistance area. It is important to be prepared for a potentially significant move in either direction. The critical levels to watch are $40,000 and $45,000, and it is recommended to maintain tight stop-losses
#BTC
has been consistently getting rejected from the resistance area and the price seems to be unable to maintain its position above this level. At present, BTC is trading sideways and the trading volume is also decreasing. We might witness a breakout from this trading range
Bitcoin is currently exhibiting a triangle pattern on lower timeframes, with clear support and resistance lines. The impending break of this triangle will dictate the direction of the next significant move in the market.
$BB filled the gap, i took some. Complete overreaction following yesterday company split news (company is planning to separate its Internet of Things and cybersecurity businesses).
Currently, more than 90% of the
#Bitcoin
supply is in profit. This is now heading towards the red zone which indicates profit booking and selling. Keep tight stop loss in all trades.
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#BTC
dropped to the lower support area as expected. The price took the liquidity from the lower support area and surged from there. BTC needs to hold the $59,000-$60,000 support zone at all costs; otherwise, we might see a heavy dump.
#BTC
is trading sideways and we may see similar movement for the next couple of days. The market appears to have absorbed the selling pressure and is forming a new structure. The major resistance level is in the $59,500 - $60,000 range.
#BTC
is slowly moving towards the support area. We may see a test of the $59,000-$60,000 support area before the next move. Let's see how the price reacts on the support area.
#BTC
is trading sideways around $52,000. The overall market is bullish, and altcoins are showing upward movement. The continuation of the upward movement will depend on whether BTC stabilizes above the $50,000 level.
#Bitcoin
is currently
#trading
within the expected range, and we may see continued sideways movement throughout the weekend. However, there is potential for
#BTC
's
#price
movement starting next week.
#BTC
once again tested the $70,000 level and was rejected. The price dropped after the FOMC meeting. The support levels remain the same, and a possible test of the support area is likely.
The rally in
#BTC
is just getting started, and it's looking incredibly promising! According to Glassnode's BTC charts, the current phase (in black) of development since the last halving shows slow upward rally.
Historically, we could be entering the euphoria phase in the next
Bitcoin dominance has broken below the support area and is now going to retest. After the retest, there may be a continuation of the downward movement in dominance, which is favourable for the altcoin market. If
#bitcoin
stabilizes here, we may see a good rally in altcoins.
#BTC
continues its downward movement and cannot go above the $40,000 level. We are still expecting a test of the lower support area. Wait for some time for new long entries.
#BTC
was unable to break through the resistance area and fell back to test the support area. Upon reaching the support area, the price immediately bounced back up. However, the market remains largely unchanged and the price is fluctuating between the support and resistance
#BTC
has dropped below $65,000 level again. The market is giving mixed signals and there is no clear move yet. Let's wait and see how the market performs in the next few days. Keep a tight stop loss in all open positions.
#BTC
has bounced near the support area again, and we may see a continuation of sideways movement this week. As of now, nothing has changed in the market. We will have to wait and see how the price reacts to the bitcoinhalving event.
#BTC
has continued its upward movement and the price has been able to break above the $45,000 level. In the coming days, we may see a test of the major resistance zone at $48,000. The $45,000 level will now function as a support and a test of this zone is possible.
There hasn't been any significant change in the market and it continues to move sideways. The support and resistance levels remain unchanged. Expect the same sideways movement in
#BTC
over the weekend.
#BTC
attempted to break above the resistance level but was unsuccessful and therefore we may see a continuation of the sideways movement between the support and resistance levels.
#BTC
has recently experienced a surge in price, pushing it towards the $60,000 level. Currently, the price is I trading above $60,000, which is a very positive sign. The Fear of Missing Out (FOMO) is also high, which has driven the price up to $64,000. If the price can maintain
#BTC
is maintaining the local support around the $50,500 area and has bounced back from there. We still anticipate sideways movement until Monday. It's advisable to avoid using high leverage, and you can consider trading within the range with tight stop-loss orders.
#Bitcoin
broke the symmetric triangle to the upside but failed to maintain the uptrend line. We anticipate a retest of the support zone before the next move.
First Support Area: $34,700-$35,000
Second Support Area: $33,300-$33,600
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#Bitcoin
has recently entered a major resistance zone, which has resulted in a significant number of sell orders. This situation may lead to heavy selling in the market. However, if Bitcoin manages to maintain its position above $40,000, we may witness a mini bullrun in
#BTC
is currently showing a lack of significant movement and may continue to do so throughout this weekend. The market's volume is decreasing, and there is little strength in the market. We may likely see a drop below the $60,000 support level to grab liquidity. To prepare for
#Bitcoin
bounced after reaching below the support area for a stop-loss hunt. We expect one last pump to the $36,000-$37,000 range. Keep a tight stop loss on all open long positions and remember to book profits.
First Support Area: $34,700-$35,000
Second Support Area:
#BTC
flipping the zone back and forth as we have seen and moving within a small range. Well, price above $65,000 is already bullish, so next weekend might come up with new jump. Also, we reached the local resistance, minor retracements are expected.
#BTC
tested the resistance at $48,000 but failed to hold above it. We may see some sideways movement near the resistance area for the next 2-3 days. There is a possibility that the price may drop to $45,000 before the next move.
#BTC
has rebounded from its support level and is now testing its resistance level. The price is currently trading within a range, and there has been no significant movement in either direction. It is recommended to have stop losses in all open positions.
#BTC
has seen a significant rise in value and has broken through its resistance level with high trading volume. As a result, many people are experiencing FOMO (fear of missing out) and there is a lot of hype in the market. If the price of Bitcoin can remain above the $55,000
#BTC
has fallen below the $40,000 level and is now attempting to reclaim it. If BTC is unable to move above this level, we may see further market declines.
Next Support Area: $37,500-$38,000
#BTC
is experiencing a significant sell-off following the approval of ETF news. Its price is unable to maintain support at the $45,000 and $43,000 levels, and it has dropped below the major liquidity area to just below $42,000. The Binance website has reportedly been banned in
#BTC
faced rejection at the $50,000 level and is currently trading below it. Significant selling pressure is observed at the $50,000 level. We anticipate a test of the local support area before the next significant move.
The current trend in
#Bitcoin
is mostly sideways with little market movement. However, there is a minor uptrend line that is serving as a local support area. The direction of the next move will be determined by the breakout of the current trading range.