$BTC
$BTC Analysis_
Resistance Area 1: 83200-83800$
Claiming that area, make its support, from where it will test its further Resistance at 85K$ range from where if it resists badly it will pullback towards 78K$ Good And Bounced support at 80K$ Double Bottom at 80K$ will act as a good support as far it is bullish;
Happy Trading
Shrimp Brother's Morning Report No. 3.10
Recently, the secondary market feels harder to navigate than a bear market. In a bull market, prices rise for no reason and fall slowly; in a bear market, prices drop for no reason and rise slowly. This refers to the bull market dynamics, but the current trend is indeed following a bear pattern. There are no winners in the spot market,
Currently, Bitcoin and U.S. stocks are strongly correlated, but the U.S. stock market, including the Nasdaq and Nvidia, has also been declining for several days, forming a short-term peak pattern. Many people say the U.S. stock market is about to end its 10-year bull run; I find that hard to believe, but a short-term correction is necessary,
Recently, we are waiting for Bitcoin and Ethereum to confirm an upward trend before taking action. Although there's not much to do in the secondary market, it's best to avoid playing in the primary market and contracts unless you have experience; otherwise, your resources will deplete faster, and it will be uncomfortable.