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Crypto_Knight_
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Everyone’s panicking on the 4H chart...
Meanwhile,
Bitcoin
just bounced on a 2-year support.
#BTC
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BTC
93,654.18
-0.22%
205
0
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The $USDT dominance started to drop recently, which is usually a good sign for #BTC and #Altcoins👀🚀 Let's put things into perspective and see what exactly happened previously, for BTC. Based on previous data, on average, bitcoin is casually doing an 80% move afterward. 📈
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We’ve just witnessed the 4th $DXY death cross of this cycle, and we can see that it tends to happen around bottoms, but what is more interesting is the following: Based on previous data, on average, #Bitcoin is casually doing an 80% move afterward. 📈 #BTC
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Time to stack some more coins, as eth is showing strength 1. flow 2. hft 3. xec 4. ilv 5. icp 6. fil 7. jasmy 8. algo #BTC
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From a technical analysis perpective, a crucial resistance level is noted around $78,000. if this level hold and #BTC moved out from this downtrend, we will go to moon.
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The RSI is attempting a break-out on the weekly chart for #BTC , and so far this cycle, whenever it successfully happened, $BTC had a nice move afterward. I think we all deserve a couple of green candles, so let's see if this is the time we're getting them. ⏳
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