BTC on the weekends. bearish divergence confirmed Then we had a candle closure below 94647, now that candle didn't close with authority if you may, it closed just $10 below the expected level, hamko prominanat close chahiye, jo k ye candle de sakti hai jo currently opened hai
along with the break in the RSI trendline, do both of these and head towards the yellow area in the range, which is GP of this recently made higher high. Interaction there will be judged whether we go below or not.
BTC still holding strong, Expecting it to tap 95-96k.
95-96 is very strong level to reject. A proper retracement can be seen from there towards 90 - 88k
However if BTC Flips 96k level too, Then expect it to Tap ATH
even looking at the 4 hour chart here, still facing heavy resistance + RSI is around 80-85 and that's heavily overbought (buyers will lose momentum at one point)
i have drawn two key zones below and in my opinion bitcoin is going to revisit those areas possibly in the coming days-weeks.
planning from now that i will be interested to open longs on those two (green zones) after confirmations.
for now, price will go a bit sideways around resistance, take some time to develop and then pullback.
this idea gets invalidated if we break past the resistance of 95,000$ region, let's see.
Like I mentioned yesterday that I think we pass 88-89k level smoothly as a breakout into 90k, we did exactly that.
I started saying that since 83-84k I see 90 and not lower, it was clearly visible, didn't need any special atom bumb analysis, all you needed to see is 1D chart on your exchanges.
Now I wait for BTC to settle then look for new trades. I'm still bullish on BTC, this is just a Start.
𝗧𝗵𝗼𝘂𝗴𝗵𝘁𝘀 𝗼𝗻 𝗘𝗧𝗛: ETH also pumped (can you believe that!?), I think if it holds this 1650 level we might see a small run towards 1800s which will help alts run as well.
For a spot to take interest in the chart... The chart has to provide them with a reason.
Usually, these are the reasons why spot buys - FOMO buying, when a big candle comes in - Slow gradual drop to a recently flipped resistance-to-support - Discount areas aka Liquidity sweeps
Now for the first reason, our current chart has to produce a sharp leg above 90k, lets say 92k, people see this, and start fomo buying ||Mind that, this type of sharp leg highs, hurt your alts ultimately,
For the second reason, That point could be the Range Top SR area marked on the chart. Come to this area and have a nice spot bounce, but that has to be gradual drop.. SUDDEN DROP HOTA HAI TO SAANS NAI AATI PARTICIPANTS KO!!!
For the third reason, the liquidity is sitting below the range.. which is already mentioned in the previous charts... but reaching this area will cause more panic.
Right now, I would say all three have the same amount of possibility to happen, you position yourself accordingly
Pump without taking out lows means we will come back to 80-83 with the same speed.
Not opening longs, instead ill look for shorts until I see a daily close above 88k
**HYPE update**
Currently, we are under Resistance aligning with Trendline as well. Breakout from here can push the Price to the Major Resistance zone (21 - 22.3). We can see a strong rejection from there however if it flips that blue zone daily, I will be targeting 35- 50$
**We are up 30% from our buying zone. **💰
*For those Who are gonna Ask now," ab le loon." Those people can wait for correction till 16 - 14.5 *
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@everyone **BTC** i expect a liquidation event towards the downside on the Next week open.
**86200** Remains is the Wall between Bull and bears. Weekly or daily close above 86200 means 95 is on the line. However As long as we are below 86200, any of the Red arrow can be seen playing out.
Imp levels are marked on the chart and what to expect from those levels are shown by **Arrows**, So pay attention to it ! #BTC
BTCUSDT is trading at around $84,512, with key technical indicators showing a strong uptrend that has been in play since late 2022. A significant support level exists near $81,180, represented by a moving average that helps confirm ongoing buying pressure. This support, combined with recent narrow price movements that still remain above it, suggests that the momentum has not weakened despite periods of consolidation.
The current projection indicates that if these conditions continue, Bitcoin could move toward a target of roughly $122,200 over the next few months. Every detail in the analysis points to a bullish continuation, where the sustained upward trend may drive prices considerably higher. A modest decline in trading volume at this moment is seen as a temporary pause rather than a signal of diminishing strength, implying that any consolidation could be a precursor to further upward movement.
Detailed technical observations support the idea that Bitcoin is well-positioned for significant growth if it remains above the crucial support level of $81,180. With no major macroeconomic shocks on the horizon, the analysis projects a continued strong upward trend, potentially reaching new price milestones. This clear and precise breakdown reaffirms the bullish sentiment, suggesting that Bitcoin has the potential to not only reach the 120K mark but to even aspire toward levels near $122,200.
<@market Dominance Coming back to support after sweeping the highs, bounce here is gonna cause another highr high, and drop here can lead to a low below 63 #BTC