$BTC BTC is doing something interesting right now… and I think people are looking at the wrong thing.
Everyone keeps watching the $64K level like it’s some magical breakout point. But honestly, the bigger story is the compression happening underneath.
On the 1D chart, BTC is still sitting below the bigger moving averages (MA25 around $66K, MA99 much higher), which tells me this isn’t a clean “bull market is back” signal yet. The market is recovering, yes. But recovery and confirmation are not ...
📊 $ETH — descending channel break confirmed
Ethereum has been in a clean descending channel since late March. Price just broke below it, accelerating the drop into mid-June.
Next level to watch: $1,580
Lower highs throughout the channel = sellers in control the whole way down. Now that the structure itself has broken, the path of least resistance points lower until buyers show up at $1,580 — or we get a clean reclaim back above the channel, which would invalidate this.
Not financial advice. DYO...
Just as I said yesterday, $BICO had the potential to hit $0.05, and today it has done exactly that. In fact,$BICO has already broken above $0.05 and reached $0.06, putting me at almost $8,000 in profit.
However, I’m still not taking profits because I’m fully convinced that $BICO will eventually reach $0.10. I’ve already set my targets, and I’ll secure my profits once those targets are achieved.