Khaled_Taleb

Don't bother talking or searching for the movements of any currency, all currencies are subject to $BTC :) No matter how strong they are in the market, just watch Bitcoin.

I have closely followed currency $SUI over the past period, and I clearly mentioned in my previous posts that SUI and $XRP are the only ones worth putting your money into, especially given the sharp fluctuations we are witnessing this year in the cryptocurrency market.

Today, the SUI currency once again proves that it is indeed a promising project, as it has achieved remarkable growth and surpassed strong resistance levels, sometimes taking an independent direction from the movements of $BTC , which makes it different from the others.

I have previously pointed out the rapid growth of this currency and its constant insensitivity to the general crypto market, and now it is confirming those expectations in reality.

To those who acted on the advice and invested at the right time, I say: Congratulations, you were on the right path.

Important Alert for Beginners in the Market $BTC

If you notice that the price of Bitcoin is moving for two or three days within a specific range between $92,000 and $93,000 and $94,000, don’t be fooled!
This is not a true rise; it may just be the calm before the storm!

Now, according to technical analysis on the 4-hour frame, we see that the price is indeed oscillating within this narrow range without any clear breakout upwards, just like it happened previously when the price reached $95,000, and then suddenly a phase of collective sliding began.

Even with the positive news that came out today, such as Tether and SoftBank announcing a new project in the field of Bitcoin, and the price rising by 6.8% over the past hours, all of this does not necessarily mean that the market is on its way to a strong rise.
On the contrary, this type of "stagnation within a price range" often precedes a sudden drop.

The lesson?
When you see the price swinging without clear progress, exit the market immediately and start just observing.
The market is unforgiving, and history repeats itself in different ways.

Watch, and protect your money.
$ETH $XRP SOL BNB

Is $BTC about to decline? An analytical perspective after the recent rise

We have noticed a clear increase over the past few hours, but there are indicators that are beginning to suggest the possibility of a temporary decline in price.

One of the most notable observations is that the price has approached a resistance level and has started to gradually decrease, indicating the presence of selling pressure at these levels. Additionally, technical indicators show that the market may be in a relatively exhausted state, meaning that the recent rise may be followed by a natural correction.

On the other hand, there is a decrease in trading volume, which means that the momentum that was driving the price upward has begun to weaken.

If this decline continues, there are support levels where the price may stop, most notably near 92700, then 90900, with a possibility of 88400, which are areas expected to attract traders' attention.

The trend for Bitcoin remains positive, but current data suggests the possibility of a correction or slight decline before any new upward movement. It is advisable to monitor movements cautiously during the upcoming period; do not forget what we have seen before.

Update on Bitcoin Movement:

$BTC recently attempted to surpass the 83588 area, but was unable to do so and began to decline slightly, indicating that this area poses a significant barrier for it at the moment.

If the price manages to exceed the 84600 area, we may witness a new rise that could reach 86800 and possibly extend to 88000.

However, if it fails to rise again, it is likely to return to test the 79100 area, and if it continues to decline without finding strong support, we might see it drop to around 74600, at which point we could enter a new phase of decline that may reach a new bottom.

The upcoming period is critical, and it is advisable to closely monitor the price movement to accurately determine the upcoming direction.
$ETH $XRP

Whoever has captured $XRP at a price of 1.62 and 1.66, their deal is profitable, whether in the short term or long term, congratulations in advance.

The current drop in the price of $BTC is an irreplaceable opportunity, and it is not a reason for fear or retreat. Always, a drop opens doors to excellent opportunities for those who know how to wisely take advantage of them.

I pointed out this decline in the last three previous posts, and unfortunately, they did not reach a large number of traders; you can take a look at them.

I advise every trader to use this time to select strong projects and not to buy all at once, but to divide the purchase process into two or three phases. This way, if the price drops further, you will have the opportunity to adjust your average purchase price.

The currencies that I see as suitable at this stage are: XRP, SUI, and ADA; these are strong and guaranteed projects with a good future, and holding them at these prices could be a smart decision in the medium to long term. Forget about new currencies and those that do not have a project (you will lose your assets over time).

As for those who invested previously and are now in a state of loss, there is no need to worry. You can adjust your positions by buying at lower prices or wait for it to rebound again, thus lowering your entry point, and when the market returns to rising (which it will certainly do), you will be among the first winners.

Always remember: those who buy in times of fear will win later. Do not give up, and stick to your plan.

This market requires patience and perseverance. If you are impatient and cannot handle it! A tip: gather what remains of your money and leave, and do not look back again. There is no such thing as profit overnight or a magic lamp. Know that most of you do not like this talk, but these are the conditions imposed by this leader 👈🏻 $BTC

The number $BTC must stay above $84,000. Why?

For Bitcoin to reach around $85,500 in the coming hours, it needs a strong breakout above the average resistance levels of: $84,600 and $84,800.

If the price closes above $84,800 with strong buying momentum, it indicates a test of $85,500 as the next resistance level.

The $84,600 and $84,800 area currently represents the "turning point," where sell orders are concentrated, and breaking through it will encourage more buyers.

If it successfully breaks through the resistance area of $85,000!! It will rise directly to the $87,000 or $88,000 areas, and here we will witness a fierce battle between sellers and buyers, as it is the strongest critical area that will take us to a new price, but not far away.

- If it fails to close above $84,800!!? In my opinion and current analysis, we might witness a disaster, possibly another sharp decline to test other new areas below. Be cautious, and I remind you that this is not financial advice.

This analysis also applies to: $ETH and $XRP .

🔴 Warning: Don't be fooled by this move for $BTC !

As we always do, Bitcoin makes sudden moves that break market rules; now we are witnessing a strong rise, but don't be deceived, it might just be a trap to liquidate short positions (Short squeeze), and then a violent drop comes to liquidate long positions.

Resistance and support areas according to today's movements:

Strong resistance: 87500 - 88700 if broken! We head towards 90000 or 91000 at most.
Most important support: 84200 - 82500 if broken! We head towards 80000 then 79000 (in any case, we will visit them as soon as possible, even if it reaches 91000).

Caution is necessary! Do not enter any trade without risk management; at any moment we may witness a strong drop that brings the market back to its nature.

- Anyone who has been monitoring Bitcoin's movements for the past two years understands well what I mean above.

It is expected that $BTC will face difficulties again, regardless of its resistance now. We may witness a decline to other support levels soon, so it is better to follow things closely.

- If you are skilled at playing in such circumstances!! You can take advantage of the situation based on your experience.

The strongest resistance point is $85,000 (you have the details in previous posts), and I doubt Bitcoin can reach it.

Do not rush to make any decisions, as these areas are considered dangerous, especially for beginners. As I told you earlier, we are at the mercy of some teenagers (if I may say), and what we are currently seeing in the charts could lead to breaking some rules in the market.

- Remember that market makers do not care much about the interests of traders, especially those with contract deals.

- Side note:
I direct this talk to a specific group, if you want to succeed in this volatile world!!? I advise you to avoid using these machines (🥁🪘), when you cleanse yourself of this trait! I guarantee you success, God willing, learn and lose and keep going even if it's little and do not seek help from anyone, in the Binance community there are only 5% who can read the market, the rest are copy-paste, and there are those who use AI analysis, so be careful, as the money is yours, and you bear the loss alone, my mission here is to share a real study of this volatile market and I will not publish until I am sure of the accuracy of my analysis. (As usual, this is not financial advice).

Our predictions have once again proven to be accurate...

Dear trading colleagues, as you noticed today, our predictions about the movement of Bitcoin $BTC were remarkably accurate. We clearly indicated yesterday that Bitcoin's inability to break the $88,500 level would likely result in a return to test the support area at $85,000, which we indeed witnessed. Bitcoin has touched this level twice before, reflecting the expected increased pressure in case of failure for the third attempt.

More importantly, we also predicted that Bitcoin might test the support level at approximately $83,500, which has indeed happened, as the price approached it significantly.

- It is now in a temporary testing phase and will attempt to break the $85,000 price again. Based on the data that has emerged at this moment, I see that it will likely fail to break it again, and I think it will break the support area (medium) at $83,500, after which we will inform you of the direction.

Note:
Our posts do not reach a large number of traders due to a lack of interaction. We ask you to engage and like so that others, both beginners and professionals, can benefit. You can visit our account and look at previous posts; you will find our analyses always materializing at a rate of 90%. That is why I asked for your interaction; many beginners lose their money every day due to posts that claim professionalism. Our goal is to deliver our posts to them so that everyone can benefit.

Three days have passed while we watched a fierce battle between the bulls and the bears, with each trying to prevent the other from reaching their goal. Based on my recent personal observations of the market, $BTC faced significant difficulty in surpassing the price of $88,500, which is currently the strongest resistance level.

If Bitcoin manages to break through this price, we may see new prices, but they will not be historical prices, certainly not exceeding $90,000.

However, if Bitcoin fails to break the $88,500 level, it is likely to return to test the support area at $85,000, especially since it has touched this price twice before, indicating a possibility of failure in the next attempt.

If it fails to maintain the $85,000 support, we may witness strong selling pressure, which will push it down towards $83,500, and then it may try again to break the $85,000 level. But I believe this attempt will fail due to increased market selling after the previous failure.

Therefore! I expect that we will play the sliding game hehehe for a while, be prepared, (this is not financial advice).

According to the current analysis through the chart of $BTC on the 4-hour frame, there are key levels indicating potential price movements, here’s the gist in brief 👇🏻:

- Resistance level at $88,700 (approximately):
This level represents a psychological barrier and is difficult to break. If Bitcoin approaches this level and fails to break it, it may face collective profit-taking, putting pressure on the price to decline.

- The first support level expected today and tomorrow at $82,300:
If Bitcoin fails to surpass the aforementioned resistance level, we may witness a pullback to test this level. The support level is a potential point for buyers who may re-enter the market to support the price.

The bottom line:
Despite the current upward trend and strong "buy" signal, price movement near $88,700 will be crucial. If Bitcoin cannot break that level, it will retreat towards $82,300 (approximately). Therefore, these levels are critical in determining the upcoming trends in this market.

- Note: This analysis is not permanent; it is confined between today and tomorrow. You know well that we are in the hands of big kids, so do not consider it financial advice.

We all hope to see our portfolios thrive under the supervision of "Mr. $BTC ". But we must be cautious, as large institutions will not enter these areas (79 - 80 - 81 - 82 - 83 - 84). Therefore, it is important to be aware of these matters and to differentiate between the trader and the institution.

Remember the previous movement, we saw Bitcoin suddenly rise to $95,000, before quickly dropping to $76,000. It is clear that some are deliberately breaking market rules, so we must be careful. Big investors know well where to place their money, as their experience in the market is what made them businesspeople and leaders.

You can take advantage of market changes intelligently, but do not expect a significant historical increase or believe what is said about weekly or monthly closures, as Bitcoin does not care about such matters (🦜).

When big investors enter, you will notice the price rising above $101k in a short time. But for now, the situation seems like a game or a calculated liquidation.

If Bitcoin does not exceed the $95,000 level, do not think about buying even if it approaches this number, as there is another reading that should be addressed.

This post is a summary of my previous posts. From my experience in this volatile market, I see that Bitcoin may return to $74,000 or $73,000, as this point is considered the strongest support area so far.

Note to followers: I have changed my profile picture.

Here's a price prediction for Bitcoin (BTC) in the next few hours, two days, or even a week:

Currently, Bitcoin is trading between $83,900 and $84,100.

- According to current research, there is a selling bias.

Price Action: Bitcoin appears to be facing downward pressure and may reach the support level at $77,672 at any moment.

Support and Resistance Levels:
- Resistance Level (Max): $86,366
- Current Strongest Support Area: $77,672

Expected Movement:
According to current indicators, there is a possibility that Bitcoin will reach the support level at $77,672, but if the trend changes, it may attempt to rise to test the resistance level at $86,366. If it fails, it will return.

Possible Next Moves:
- Price Decline: Reaching the support level at $77,672.
- Upward movement: An attempt to rise to the resistance level at $86,366. If buy orders increase, it will reach $88,200.

- Note: These forecasts are based on current indicators and may change rapidly due to market news and other factors affecting Bitcoin's price movement.

- I have condensed the analysis for you and deliberately omitted the stages Bitcoin will go through as it descends to the support area or reaches the aforementioned resistance area.

- Of course! This is not financial advice. And remember that any analysis I publish is "temporary," lasting from one to two days and not exceeding a week.

Quick analysis of $BTC using a one-hour time frame, we can observe that the price of Bitcoin currently shows significant stability. The current price is approximately $84,390 (rounded), and there are moderate fluctuations in the market.

Looking at the current market data and some technical indicators, we note the following:

- Bollinger Bands: Indicate that Bitcoin is moving within a defined range, meaning there are currently no signs of a potential breakout above or below the boundaries. This is evident from the volatile price movement but within limits.

- Lack of strong momentum: The rise or fall in price is not strong enough, indicating that we may see a continuation of the current trend. This suggests that investors may be in a state of waiting, which affects price movement.

- Expectations: If market conditions remain as they are without any unexpected events, it is likely that the price will continue to oscillate within this range (the blue square) that ranges between $84,300 and $84,500 and possibly reaching around $84,800.

We expect that in the next two hours, the price of Bitcoin will remain close to its current level with some minor fluctuations.

However, please note that this analysis pertains to the market position at this moment, and we must remember that it is a (temporary) analysis and not financial advice.

I conducted an urgent analysis for $BTC , here are the main points from the analysis:

- Current price: between $86,800 and $87,000.

- Last peak: According to my own study! It will occur at the resistance level between $87,000 or $87,400 (approximately), which is a level that has seen some rejection in price recently.

🔴 Potential drop areas (today/tomorrow):
- First support level: around $85,000, which is a medium support level showing some buy orders.
- Important second support level: around $83,000 and $82,600 (approximately), which is a stronger support level that may witness a rebound if it drops to it.

- Additional analysis
If you focus a little, you will notice that the 61.8% level is near $85,000, which supports the idea that it is a good support level. As for the 38.2% level, it is near $83,000, making it a strong support level in case of a drop.

- Note: This is a quick look I did this hour using some external tools on different platforms, so do not consider it financial advice, all the numbers above !! are not accurate and can be exceeded, because it is a volatile and real market, not virtual, all my posts aim to convey what I discover from time to time, the important thing to keep in mind is that we will witness a sharp and strong drop at any moment and I am confident in my analysis.

- I repeat !! Not financial advice.
$ETH $XRP SOL

Update on today's Bitcoin movement readings:
This image is a modest screenshot from a phone taken a week ago, and here is a quick analysis:

If $BTC fails to break above $86,000, we are likely to see the price drop to the support area around $84,000 to $83,000.

However, if the decline continues, we might see the price drop to the next strong support area around $80,000 to $79,000, or even to a new peak around $75,000 to $76,000.

If it succeeds in breaking the aforementioned area!! It will stabilize and prepare to rise again to the areas of 87 and 88, but it is a (limited) rise. However, if it fails to break above $86,000, that will be a signal that the market is still in a downward phase.

- Important Note:
Short sellers (futures contracts) are the ones profiting this time. (This is not financial advice). This applies to $XRP and $ETH and SOL.

We must be cautious and closely monitor market movements, as the market can move quickly and without warning.