DigiMoney
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Bitcoin Enters Buy Zone:
Going Up Today, Tomorrow?! It Will Grow.
my fellow supporter, I have great news for you today.
Bitcoin is moving within a very strong support range —the buy zone.
In a previous publication I mentioned how Bitcoin hasn't move below 90K
since 18-November 2024, on a daily session close. I also mentioned the lowest wick low being set around 89,000. In this whole period, Bitcoin has been sideways above 90K. This level has been working continually as support.
The 105,000 to 100,000 price range has been resistance.
The 90,000 to 94,000 price range has been support.
Sell at resistance; buy at support. Bitcoin is now trading within this support range and thus a buy zone.
This is a great place to accumulate for the next market move.
Looking at the weekly timeframe, this week would be the fifth red week. It isn't.
Bitcoin closed three consecutive weeks red.
Last week closed green, neutral, with a Doji.
This week starts red but is likely to end green. So, only three weeks red, a mini flush or shakeout and then up we go.
This is a friendly reminder, we are now in bullish territory, the buy zone. If you are already in Bitcoin you can wait patiently and rest easy because the market is going up.
Short-term price swings are as normal as it gets. While Bitcoin trades above 90K weekly, we are super strong, ultra-bullish. Super bullish also above monthly 80K. This is the mid-term and long-term.
Short-term, we are going up. Bitcoin's price might not be going up right now but 100K was challenged just a few days ago. Remember what we know; when the market is sideways, it reverses each time it reaches resistance, each time it reaches support. So it reversed around 100K
and it is very likely to reverse now that
90K has been challenged; we are going up. 90K has been challenged; we are going up.
Patience is key.
Rest easy. The Cryptocurrency market is set to grow.
Growth will start now; in a matter of days or weeks, the time left for the next bullish wave is very short.
We had really good bullish action in late 2024 but the best is yet to come.
Wait patiently;
Going Up Today, Tomorrow?! It Will Grow.
my fellow supporter, I have great news for you today.
Bitcoin is moving within a very strong support range —the buy zone.
In a previous publication I mentioned how Bitcoin hasn't move below 90K
since 18-November 2024, on a daily session close. I also mentioned the lowest wick low being set around 89,000. In this whole period, Bitcoin has been sideways above 90K. This level has been working continually as support.
The 105,000 to 100,000 price range has been resistance.
The 90,000 to 94,000 price range has been support.
Sell at resistance; buy at support. Bitcoin is now trading within this support range and thus a buy zone.
This is a great place to accumulate for the next market move.
Looking at the weekly timeframe, this week would be the fifth red week. It isn't.
Bitcoin closed three consecutive weeks red.
Last week closed green, neutral, with a Doji.
This week starts red but is likely to end green. So, only three weeks red, a mini flush or shakeout and then up we go.
This is a friendly reminder, we are now in bullish territory, the buy zone. If you are already in Bitcoin you can wait patiently and rest easy because the market is going up.
Short-term price swings are as normal as it gets. While Bitcoin trades above 90K weekly, we are super strong, ultra-bullish. Super bullish also above monthly 80K. This is the mid-term and long-term.
Short-term, we are going up. Bitcoin's price might not be going up right now but 100K was challenged just a few days ago. Remember what we know; when the market is sideways, it reverses each time it reaches resistance, each time it reaches support. So it reversed around 100K
and it is very likely to reverse now that
90K has been challenged; we are going up. 90K has been challenged; we are going up.
Patience is key.
Rest easy. The Cryptocurrency market is set to grow.
Growth will start now; in a matter of days or weeks, the time left for the next bullish wave is very short.
We had really good bullish action in late 2024 but the best is yet to come.
Wait patiently;
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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