predication
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yesterday it was a prediction that If Bitcoin hold their strong support 62500 On weekly opening Then we can see the Bitcoin At 68to $69k The Same scenario occur but the Btc still going down are the Market creating fear what happening next #bitcoinhalving #predication #Bullish or #Bearish Share your opinion
$BTC Price Update – Bears Maintain Control Below $98K
Bitcoin ($BTC ) recently encountered strong resistance around the $97,895 mark, triggering a gradual pullback. On the 2-hour chart, the price has been forming a clear downtrend of lower highs and lower lows. The 24-hour low stands at $95,423, with BTC currently trading near $95,560—roughly 2.4% off its recent high.
Over the past few days, #BTC attempted multiple breakouts above the $98,000 level but failed to sustain momentum. This zone now forms a local double-top pattern, indicating a weakening bullish outlook. Trading volume remains stable, but selling pressure is slowly rising as traders take profits from earlier gains.
Should the downward trend persist, key support levels to watch are around $94,270 and then the critical psychological level at $93,000. A clear drop below these zones could pave the way for a deeper correction. On the flip side, if bulls can firmly hold the $95K level, a short-term recovery toward the $96,500–$96,800 range is possible.
For now, caution is advised. BTC is consolidating, and unless it can decisively break above $98K with strong volume, the short-term bias continues to favor the bears.
Trade $BTC here.
#BTC #signaladvisor #predication #analysis
Bitcoin ($BTC ) recently encountered strong resistance around the $97,895 mark, triggering a gradual pullback. On the 2-hour chart, the price has been forming a clear downtrend of lower highs and lower lows. The 24-hour low stands at $95,423, with BTC currently trading near $95,560—roughly 2.4% off its recent high.
Over the past few days, #BTC attempted multiple breakouts above the $98,000 level but failed to sustain momentum. This zone now forms a local double-top pattern, indicating a weakening bullish outlook. Trading volume remains stable, but selling pressure is slowly rising as traders take profits from earlier gains.
Should the downward trend persist, key support levels to watch are around $94,270 and then the critical psychological level at $93,000. A clear drop below these zones could pave the way for a deeper correction. On the flip side, if bulls can firmly hold the $95K level, a short-term recovery toward the $96,500–$96,800 range is possible.
For now, caution is advised. BTC is consolidating, and unless it can decisively break above $98K with strong volume, the short-term bias continues to favor the bears.
Trade $BTC here.
#BTC #signaladvisor #predication #analysis
It was mentioned previously when #Bitcoin was below 67k, I predicted it would pump up to 73k. It nearly reached that mark, hovering around 72.8k, which is still within range. Now, what's next for Bitcoin? 🤔Let's break down some key factors influencing its trajectory:
1. Whales 🐋: These large investors wield significant influence over Bitcoin's movement. With their substantial funds and potential coordination, they can manipulate the market dynamics.💥
2. Halving 💸: Bitcoin undergoes halving approximately every four years, with the next one slated for April 2024. Historically, post-halving, Bitcoin experiences a period of adjustment before embarking on a bullish trajectory.🏮
3. Correction ✒️: Despite its recent surge, Bitcoin is experiencing withdrawals as some investors opt to cash out, leading to a correction phase where prices may dip temporarily.💥
4. Pattern 🌴: Analyzing past trends reveals a pattern in Bitcoin's movements, particularly following halving events. Last year, it witnessed a significant uptick post-halving after a preceding dip💥.
My conclusion boils down to two likely scenarios: Bitcoin may dip to around 60k before resuming its upward trajectory, potentially surging to 100k in the near future. 🎁👍🏼
Best wishes to all who engage with this post. Thank you for your continued support!
Show Your Support by Liking or sharing @digitalmaestro to keep fellow traders informed! Tips are welcomed. 👍
Disclaimer: Contains third-party perispectives. Not financial advice.
#predication #HotTrends #BNBChain #BOME
1. Whales 🐋: These large investors wield significant influence over Bitcoin's movement. With their substantial funds and potential coordination, they can manipulate the market dynamics.💥
2. Halving 💸: Bitcoin undergoes halving approximately every four years, with the next one slated for April 2024. Historically, post-halving, Bitcoin experiences a period of adjustment before embarking on a bullish trajectory.🏮
3. Correction ✒️: Despite its recent surge, Bitcoin is experiencing withdrawals as some investors opt to cash out, leading to a correction phase where prices may dip temporarily.💥
4. Pattern 🌴: Analyzing past trends reveals a pattern in Bitcoin's movements, particularly following halving events. Last year, it witnessed a significant uptick post-halving after a preceding dip💥.
My conclusion boils down to two likely scenarios: Bitcoin may dip to around 60k before resuming its upward trajectory, potentially surging to 100k in the near future. 🎁👍🏼
Best wishes to all who engage with this post. Thank you for your continued support!
Show Your Support by Liking or sharing @digitalmaestro to keep fellow traders informed! Tips are welcomed. 👍
Disclaimer: Contains third-party perispectives. Not financial advice.
#predication #HotTrends #BNBChain #BOME
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