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Formanite602
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Weekly Technical Outlook – 5th May 2024 The market looks set for some short-term drops, so it’s smart to get ready. BTC: Bitcoin reached $97,000 last week and seemed ready to go higher, but buying slowed down. This week, the price might pull back to around $90,000 before buyers step in again. Right now, it’s trading at $94,185. #BTC #market #shill
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In 2021 we had around 3 million coins in total and BTC dominance touched 65% Today we have 45 million coins in total and BTC dominance is still 65% We have a 15x growth in coins supply from 2021 to 2025 This is crazy and the majority of them are just 🗑️ Finding the right altcoin this cycle is definitely harder than last time and next cycle it will be ever harder Thats why this cycle you have to work really hard to find the right altcoins as the game is not same as 2021. #MarketPullback
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Altseason is coming. It’s inevitable. You just need conviction! #altcoins #altsesaon
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Altseason is coming. It’s inevitable. You just need conviction! #altcoins #altsesaon
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Bitcoin — 4HR Timeframe: Price failed to bullishly retest $95.5K; it has now flipped to key resistance. Breakout traders and longs from the bullish retest support zone are trapped. I doubt anyone was shorting there. I think price will follow my white line. Invalidation is a reclaim of the resistance. $BTC #BTC #bitcoin
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