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$BTC /USDT analysis.
🔥 BTC/USDT 4.62% Drop Alert!
Crypto fam, BTC has seen a pullback today! The price is currently at 79,228.02 (-4.62%) — but this isn’t just a simple dip, it might be a consolidation phase before the next major move!
⚔️ Technical Analysis:
$BTC made a high at 83,817.63 and dropped to 79,228.02 — that's a 4.62% correction from the top!
Right now, the price is consolidating around 79,228.02. The SAR (Parabolic SAR) indicator is likely showing a bearish signal, with the last SAR point at 79,222.31.
Volume: 15,861.59 BTC traded with 1.30B USDT in total volume, confirming there’s healthy market activity, but the pullback is backed by solid selling pressure.
📈 Momentum Insight:
If the price holds above 78,694.99, we could see a recovery back towards 80,441.02 – 81,425.97.
However, if the price breaks below 78,694.99, the next support could be at 77,000 (an untested region), providing a potential buy opportunity for those looking for a better entry point.
💡 Crypto Man Pro Tip: $BTC operates on Proof of Work (PoW), which means it can experience these periodic pullbacks before continuing the larger trend.
This dip might be just the setup for the next surge if the market rebounds strongly!
⚡ Shocking Point: The last major BTC surge was around 83,817.63 earlier in the day. If this correction leads to consolidation, we could see a bullish continuation soon, especially if BTC holds above 78,694.99.
Crypto fam, are you ready for BTC’s next move?
Comment below — should you HOLD or book profits and exit? Let’s discuss!
#BTC #CryptoAlert #PoW #BitcoinPriceAction #CryptoFam
🔥 BTC/USDT 4.62% Drop Alert!
Crypto fam, BTC has seen a pullback today! The price is currently at 79,228.02 (-4.62%) — but this isn’t just a simple dip, it might be a consolidation phase before the next major move!
⚔️ Technical Analysis:
$BTC made a high at 83,817.63 and dropped to 79,228.02 — that's a 4.62% correction from the top!
Right now, the price is consolidating around 79,228.02. The SAR (Parabolic SAR) indicator is likely showing a bearish signal, with the last SAR point at 79,222.31.
Volume: 15,861.59 BTC traded with 1.30B USDT in total volume, confirming there’s healthy market activity, but the pullback is backed by solid selling pressure.
📈 Momentum Insight:
If the price holds above 78,694.99, we could see a recovery back towards 80,441.02 – 81,425.97.
However, if the price breaks below 78,694.99, the next support could be at 77,000 (an untested region), providing a potential buy opportunity for those looking for a better entry point.
💡 Crypto Man Pro Tip: $BTC operates on Proof of Work (PoW), which means it can experience these periodic pullbacks before continuing the larger trend.
This dip might be just the setup for the next surge if the market rebounds strongly!
⚡ Shocking Point: The last major BTC surge was around 83,817.63 earlier in the day. If this correction leads to consolidation, we could see a bullish continuation soon, especially if BTC holds above 78,694.99.
Crypto fam, are you ready for BTC’s next move?
Comment below — should you HOLD or book profits and exit? Let’s discuss!
#BTC #CryptoAlert #PoW #BitcoinPriceAction #CryptoFam
✨𝐂𝐚𝐧 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐑𝐞𝐯𝐢𝐬𝐢𝐭 𝐭𝐡𝐞 $𝟏𝟎𝟎𝐊 𝐌𝐚𝐫𝐤❓❓
Javeria Jacko — Bitcoin (BTC) hovered near $84,500 on April 14 after reclaiming a key resistance level, maintaining bullish sentiment in the market. A daily close above $83,000 has reinforced the possibility of further gains, with some analysts forecasting a rapid ascent toward $88,000 if momentum persists.
At the time of reporting, BTC traded around $84,500, marking a modest 0.89% intraday gain. The cryptocurrency remained just below the converging 50-day and 200-day exponential moving averages, positioned near $85,500.
$85K Resistance Faces Renewed Pressure
Bitcoin is currently testing the upper boundary of a descending channel that has constrained its price action since late February. The $85,000–$86,000 zone continues to act as a major resistance area. On-chain analyst Ali highlighted $86,000 as a critical level—surpassing it could pave the way toward $97,000.
Analyst Friedrich emphasized the importance of the $83,000–$84,000 support range. Should bulls maintain this level, a swift rally toward $88,000–$92,000 could follow.
However, strong overhead selling pressure persists. The 1.618 Fibonacci extension from the November 2024 breakout suggests a long-term target of $105,820—contingent upon confirmation of continued bullish structure.
Inverse Head & Shoulders Structure Emerges
While BTC edges higher, caution remains. Analyst Ali Martinez warned that a pump to $97,000 might be a false breakout aimed at inducing complacency. Similarly, trader Ak47 cautioned that a move to $88,000 could precede a short-term reversal, potentially forming an inverse head and shoulders pattern near $81,000. This structure could ultimately support a breakout targeting $95,000–$100,000.
$BTC
#BitcoinPriceAction #CryptoMarketAnalysis #BTCResistance #BlockchainInsights
Javeria Jacko — Bitcoin (BTC) hovered near $84,500 on April 14 after reclaiming a key resistance level, maintaining bullish sentiment in the market. A daily close above $83,000 has reinforced the possibility of further gains, with some analysts forecasting a rapid ascent toward $88,000 if momentum persists.
At the time of reporting, BTC traded around $84,500, marking a modest 0.89% intraday gain. The cryptocurrency remained just below the converging 50-day and 200-day exponential moving averages, positioned near $85,500.
$85K Resistance Faces Renewed Pressure
Bitcoin is currently testing the upper boundary of a descending channel that has constrained its price action since late February. The $85,000–$86,000 zone continues to act as a major resistance area. On-chain analyst Ali highlighted $86,000 as a critical level—surpassing it could pave the way toward $97,000.
Analyst Friedrich emphasized the importance of the $83,000–$84,000 support range. Should bulls maintain this level, a swift rally toward $88,000–$92,000 could follow.
However, strong overhead selling pressure persists. The 1.618 Fibonacci extension from the November 2024 breakout suggests a long-term target of $105,820—contingent upon confirmation of continued bullish structure.
Inverse Head & Shoulders Structure Emerges
While BTC edges higher, caution remains. Analyst Ali Martinez warned that a pump to $97,000 might be a false breakout aimed at inducing complacency. Similarly, trader Ak47 cautioned that a move to $88,000 could precede a short-term reversal, potentially forming an inverse head and shoulders pattern near $81,000. This structure could ultimately support a breakout targeting $95,000–$100,000.
$BTC
#BitcoinPriceAction #CryptoMarketAnalysis #BTCResistance #BlockchainInsights
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