🔸 Bitcoin has dropped to my last target of 102k, which is a very important number. It is prohibited to close below it on a daily or weekly basis, otherwise we open the door for a larger drop.
🔸In the tweet below, I mentioned the important supports and at the same time mentioned the resistance area 👇🏻 107500/109k
🔸June is very volatile, and by the end of it, we will start to see a balance greater than the current one in the market. Please note that any drop happening now is rapid and without any negative closures. The market will gradually stabilize, God willing.
The head and shoulders pattern on the chart indicates a potential bearish reversal, with a potential downside target towards the $2250 level. If the price breaks above the $2550 level, this bullish scenario is invalidated, targeting the $2750 level. Monitor these key levels closely. $ETH
In the worst-case scenarios, if it turns negative, we might see a downward flash candle 🔻
🔸 Expectation: A drop of about 15% 🔸 This could form the last bottom before Bitcoin dominance starts to decline and a strong rally for alternative currency prices.
This scenario is known as a Bear Trap – ⚠️
📌 Stability over the next two weeks is very important [From the bottom of April 7 to > expected bottom of June 12 ⌛️] 📈 Meaning: A higher bottom than the previous one, then a rise, God willing.
📝 Note: I am trying to outline the scenario so that we can anticipate it in case it occurs, but making the decision is your responsibility, and the decision is yours. As for my advice to you 💡: Focus on accumulation and buying to reap the rewards later.💰 Follow: $BTC | $USDT.D | $ETH | #Altcoins
$LTC Litecoin the digital silver Launched in 2011 as an improved version of Bitcoin. Its goal is faster transactions and lower fees than Bitcoin. The age of the currency is 14 years. Currently, it is consolidating in the range of 87-68. It has entered stages from the current price levels.
This is not a buy or sell recommendation; do your own research. $LTC #LTC📈
#BTC Quick analysis of the upcoming Bitcoin movement
(Thank God we succeeded in predicting the current drop) and we were wrong at 11 o'clock 😄
My current technical view indicates a visit to the second stronger phase in my opinion that I previously mentioned between 97761_96389
Of course, after breaking the first phase at 102841
I expect it to gradually rise again to the levels indicated on the chart
Important note: What I present here is merely a technical perspective that is subject to error before correctness, and it is not advice to buy or sell. Trading cautiously is important. May God grant us and you success $BTC #btc
🔄 The Cursed Bitcoin Trend... It neither wants to break down nor rebound 😑
Every candle tells you: "Between the two... neither death nor life!" ⚰️⚡️
💡 So what should it do now?
📈 Possible scenario (and it happens a lot):
• Acquisition starts to pressure the rest of the market again • Bitcoin rises on its own • It reaches the 107–108 thousand areas • They start dropping, ohhhh, the season of altcoins is coming 🚀🚀 • And then... the real descent journey begins 💀📉
⏳ The market is playing a nerve game... Who hasn't been squeezed yet, it's their turn 😅 #btc $BTC
The analysis indicates the likelihood of the currency's price rising, supported by strategic buying and market support. Short-term price targets are around $23.66, medium-term $38.19, and long-term $53.71 or more, with a potential ambitious target at $143.62 if the upward momentum continues.
Good evening to you all, after a short absence we return to update the market charts following from you and me
#BTC It has entered unfavorable areas (a resistance range that has failed to break through more than once before and currently) It is important to exceed 106800 for us to be optimistic about the expected rise to 121k Any break below 99k confirms the negativity, we might see it reach 99800 before the rise (let's watch carefully) #btc $BTC