AmtBLT

Bitcoins is bearish. My targets for $BTC
Friday 3rd - 86,300
Monday 6th - 94,300
Friday 10th - 68,600

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$BTC keeps getting rejected off $95000 and now is in danger of breaking down from the Bearish Pennant, currently testing its lower trendline.

Bearish Target is around $77000.

But, there is another bearish structure, the Head & Shoulders pattern with a neckline at $92000. Losing this means that $BTC could Target a similar areas as the Pennant's Target, $76000.

4hr chart is also adding to the importance of holding $92000 as that level is also the bottom of a rectangle chart pattern on that timeframe. Target of the rectangle, if broken down, reaches all the way down to $83-84k.

Tough times for Bitcoin to be honest. The USDT FUD is palpable, it needs to end before crypto retains momentum

BTC will fall to $85000 before it will rice to $110000

Bitcoin has been in price discovery mode for 4 weeks now. Price discovery corrections typically begin between weeks 4-7 and range between 25-35%. A crypto Black Friday is still ahead of us

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$BTC $XRP


The XRP is in a strong bearish downtrend, showing clear signs of decline. If the price keeps dropping, it could reach as low as $0.80 before rising again. However, if it doesn't break through the psychological resistance at $2, it will struggle to go higher, similar to Bitcoin (BTC).

#BTC☀ remains strong. I wasn’t expecting such a strong rebound, but we follow the market.

When making decisions, it's crucial to have a strategy and adapt to market movements.

What has changed? In my opinion, not much. Despite the rebound, BTC still shows signs of weakness.

Based on the charts and indicators, I see a high probability of a retracement.

A pump to the resistance at 97.7k is possible, followed by a potential drop to key support levels at 93k, 90k, or 89k, with 85k as the worst-case scenario before another rebound.

What’s your view? Feel free to share your thoughts!

This is not financial advice. Do your own research (DYOR).

If you like my analysis, please like and share. Follow for more updates.

$BTC Looking bearish , expecting a downfall till 80.3k , approx 16% , share your views in comments 👀

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I personally think the next 8 days will bring havoc. Why because of open interest and So many weak hands. I believe unrealized profits have been rolled over gain and again. What this means. When slight panic kicks in we will have huge sell offs. I can predict -15% minimum from current price in next 8 days. Also it is a sensible move for Market Maker to shake off qeak hands.



It's not looking Good

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