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√ We have exited the downtrend, and positivity in the market remains, thanks to God. As we informed you, this month will be positive.
• If the downtrend is retested and confirmed successfully, God willing, we will see good things in the coins, and their liquidity will increase to reach the targets in yellow #BTC • The daily close is very important for the coins; not returning inside the downtrend again means the end of the correction in the medium term and the beginning of an upward trend #TrumpMediaBitcoinTreasury
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• On the four-hour frame, a double top pattern has formed, which is negative for acquisition, along with the formation of negative divergence.
• The acquisition target, God willing, may reach 65.35% in the near term. There is also negative divergence for acquisition on the daily frame, which suggests further decline, God willing, during the coming month. #BTC #BTC☀
Hello friends Bitcoin analysis for traders: 🪙BTC/USDT (1H Chart)
On the hourly frame, a widening descending wedge pattern has formed, and the resistance line of the pattern has been broken, with the price attempting to hold above it.
The pattern is positive in the short term, with a target of $110,200, God willing, if the acquisition does not drop with this rise, the currencies will rise slightly from 5% to 8%.