technical-analysis1234
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Technical Analysis: BTC/USDT – Weekly Chart
Bitcoin is currently testing a significant ascending trendline on the weekly timeframe, which has been acting as a strong support since the price was around $24,800. Despite recent corrections from the all-time high of $109,588, BTC has managed to hold this trendline support for the past few weeks.
As long as Bitcoin remains above this ascending support line, the bullish market structure remains intact, and the trend suggests a continuation to the upside. This area can be seen as a potential accumulation zone, where buyers may step in to defend the trend.
Key Points:
Price is currently around $83,000, sitting directly on the long-term trendline.
The support has held for 3–4 consecutive weeks.
Unless the trendline is broken decisively to the downside, the broader market remains bullish.
A bounce from this level could target resistance near $95,000 and potentially retest the ATH at $109,588.
Conclusion: Bitcoin is still in a bullish uptrend on the weekly chart. As long as the ascending trendline holds, the probability favors a continuation of the rally. A break below this trendline, however, could shift the structure and open the door for deeper corrections.
#BTC $BTC
Bitcoin is currently testing a significant ascending trendline on the weekly timeframe, which has been acting as a strong support since the price was around $24,800. Despite recent corrections from the all-time high of $109,588, BTC has managed to hold this trendline support for the past few weeks.
As long as Bitcoin remains above this ascending support line, the bullish market structure remains intact, and the trend suggests a continuation to the upside. This area can be seen as a potential accumulation zone, where buyers may step in to defend the trend.
Key Points:
Price is currently around $83,000, sitting directly on the long-term trendline.
The support has held for 3–4 consecutive weeks.
Unless the trendline is broken decisively to the downside, the broader market remains bullish.
A bounce from this level could target resistance near $95,000 and potentially retest the ATH at $109,588.
Conclusion: Bitcoin is still in a bullish uptrend on the weekly chart. As long as the ascending trendline holds, the probability favors a continuation of the rally. A break below this trendline, however, could shift the structure and open the door for deeper corrections.
#BTC $BTC
#TheBitcoinAct
TRUMP: "Never sell your bitcoin"
Bitcoin keeps printing Lower highs/ lower lows since Trump inauguration date
$BTC $ETH $XRP
TRUMP: "Never sell your bitcoin"
Bitcoin keeps printing Lower highs/ lower lows since Trump inauguration date
$BTC $ETH $XRP
Donal trump says nevery sell your Bitcoin 💰
$BTC $ETH $XRP
but thing always trade against۔۔۔۔
When influential people talk negatively about something, it often signals an opportunity. For example, when a billionaire warns against buying Bitcoin, it might mean they want to buy at a lower price. Similarly, in the camel market, when prices are high, big traders might discourage selling—because they want to sell at peak value. But when they want to buy, they might encourage others to sell, driving prices down so they can purchase cheaply and profit later."
#CryptoMarketWatch #JobsReportShock
$BTC $ETH $XRP
but thing always trade against۔۔۔۔
When influential people talk negatively about something, it often signals an opportunity. For example, when a billionaire warns against buying Bitcoin, it might mean they want to buy at a lower price. Similarly, in the camel market, when prices are high, big traders might discourage selling—because they want to sell at peak value. But when they want to buy, they might encourage others to sell, driving prices down so they can purchase cheaply and profit later."
#CryptoMarketWatch #JobsReportShock
$ETH
liquidation almost under 2550 think eth will grap this liquidation before mojar pump
what do you think
liquidation almost under 2550 think eth will grap this liquidation before mojar pump
what do you think
$UNFI
we see more dump in unfi next coming day because binace delist it from spot as well as from future
be safe and close your long trade in unfi it should be riskty for long
we see more dump in unfi next coming day because binace delist it from spot as well as from future
be safe and close your long trade in unfi it should be riskty for long
big new market bullish
FED INTEREST RATE RELEASED: 5.00%
#ratecut #RateCutExpectations #RatesMarket #BTC☀
FED INTEREST RATE RELEASED: 5.00%
#ratecut #RateCutExpectations #RatesMarket #BTC☀
#BTC☀
save this post ❤️🔥
we all all know that Bitcoin has been stuck in a long consolidation phase for the last few months..
this side way PA begain in march and still continue but what told you this patren we saw in last year also
last year this consolidation period start from march and end in September and then btc pump up to 195% ..
September will be tuning point this year's also so this is last chance for every one to confirm your tick before flying 🪽
$BTC
save this post ❤️🔥
we all all know that Bitcoin has been stuck in a long consolidation phase for the last few months..
this side way PA begain in march and still continue but what told you this patren we saw in last year also
last year this consolidation period start from march and end in September and then btc pump up to 195% ..
September will be tuning point this year's also so this is last chance for every one to confirm your tick before flying 🪽
$BTC
BTC Boom! 💥 Bitcoin has successfully broken out of the triangle pattern. If it forms a few candles above the triangle, we could see the next leg up in the crypto market. So, be ready, everyone!
$BTC
$BTC
#bitcoin☀️
update
if Bitcoin daily candle close above 61500 then we expected 64k or 65k in next few days
so be ready for big pump ..
$BTC
update
if Bitcoin daily candle close above 61500 then we expected 64k or 65k in next few days
so be ready for big pump ..
$BTC
#KNCUSDT broke below the $0.36 level after the recent drop in a bearish wedge pattern and now the level
$0.5000 - $0.4450 has become a resistance.
If #KNC can cross the current resistance level, it can initially grow up to the dynamic resistance of the pattern, and if the market situation improves, we can witness the crossing of the dynamic resistance.
The main resistance level in the daily time frame is $0.9800-0.8700, which the price has failed to break several times.
$KNC
$0.5000 - $0.4450 has become a resistance.
If #KNC can cross the current resistance level, it can initially grow up to the dynamic resistance of the pattern, and if the market situation improves, we can witness the crossing of the dynamic resistance.
The main resistance level in the daily time frame is $0.9800-0.8700, which the price has failed to break several times.
$KNC
Once again, Bitcoin has dropped below the $60,000 level. The market has been choppy recently and has struggled to maintain momentum. There is a triangle formation on lower time frames, and we expect a breakout from this triangle soon, which will determine the next move.
$BTC
$BTC
💰#BITCOIN UPDATE
Forming a descending triangle in 4hr time frame and currently trading around the lower trendline. It needs to hold and bounce from here. Once it breaks and close above the triangle ($61k level), then we can expect a 15-20% upside movement.
On the other hand, if it breaks down the triangle and break below the support of $56.8k level then expecting another dip upto $50-$51k level.
$BTC
Forming a descending triangle in 4hr time frame and currently trading around the lower trendline. It needs to hold and bounce from here. Once it breaks and close above the triangle ($61k level), then we can expect a 15-20% upside movement.
On the other hand, if it breaks down the triangle and break below the support of $56.8k level then expecting another dip upto $50-$51k level.
$BTC
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