KT-A

📈 #Bitcoin in a decisive zone: Breakout or pullback?

Bitcoin (BTC) is currently trading around $94,800, after a week of consolidation in this range. The price has surpassed its 200-day exponential moving average at $85,000, indicating a strong bullish trend. ​FingerLakes1

🔹 Current trend:

BTC shows a bullish structure in higher timeframes (4H and 1D), although it faces significant resistance at higher levels.​

🔹 Resistance zones to watch:

$95,000 – $95,500: Level where the price has encountered constant supply.

$96,000: Important technical resistance, associated with previous highs.

$97,500 – $99,000: Next target if it breaks the current resistance with volume. ​CoinDCX

🔹 Relevant supports:

$93,000 – $93,200: Immediate support zone, corresponding to the cost basis of short-term holders.

$91,000 – $92,000: Key support in case of a deeper correction. ​Glassnode Insights

🔍 Technical indicators:

RSI (4H): Remains at neutral levels, indicating room for movement in both directions.

MACD (1H): Shows a recent bullish crossover, suggesting short-term buying pressure. ​Blockchain News

📊 Market sentiment:

Despite the influx of capital into some funds, the market shows mixed signals, with net outflows of $56.3 million in Bitcoin ETFs on April 30. Blockchain News​

📌 In summary:

BTC is in a critical zone. A convincing breakout above $95,500 could pave the way towards $97,500 – $99,000. However, failure to overcome this resistance could lead to a correction towards $91,000 – $92,000.​

⚠️ Always remember to manage your risk. The market can surprise.


$BTC $ETH $BNB #CriptoAnálisis #tradin #criptomoneda

Bitc$$oin forming head and shoulders on the 4h chart?
$BTC $ETH $SOL

$ETH

Current price: Around $1,803 USD, with a recovery trend after surpassing $1,800. ​CoinLore+3FXStreet+3TradingView+3

Short-term projections:

ETH is expected to reach between $1,825 and $1,850 by the end of the week, as long as it maintains support above $1,780 and overcomes the Ichimoku Cloud resistance.

Other estimates place the price around $1,831 by May 13. ​CoinDCXCoinLore

Technical indicators:

RSI: At 73.94 on the daily chart, indicating overbought conditions, which could suggest a short-term correction.

Moving averages: ETH is trading above the 10 and 20-day EMAs, but below the 50, 100, and 200-day EMAs, reflecting a mixed trend. ​CoinLore

🧠 Market sentiment

The overall sentiment is mixed. While some institutional investors show optimism, with a high proportion of call options on ETH, the market in general remains cautious. Current odds indicate a 9% chance that ETH will exceed $2,300 by the end of May and a 21% chance that it will fall below $1,600. ​CoinDCX+2FXStreet+2TradingView+2

🔍 Conclusion

Ethereum could close the week between $1,825 and $1,850 if it maintains the current support and overcomes technical resistances. However, the overbought condition in the RSI and market caution suggest that investors should closely monitor key levels and be prepared for potential corrections.

Follow me to see my progress from 10 dollars to 5k

short at $ETH

I think bitcoin is going to drop to 89k but if the weekend arrives and it doesn't drop, it is very likely to rise to 101k

we just have to wait and see what happens
$BTC

the gold will rise only gold

Mass liquidations in cryptocurrencies: Bitcoin and Ether in focus

IMPORTANT POINTS:

🟡 There were over 335 million dollars in liquidations, led by Bitcoin and Ether.

🟡 BTC, ETH, and SOL started the Asian session with losses, indicating a volatile week opening.

🟡 Analysis predicts a possible correction of Bitcoin's price to 39,700 USD due to the "Bitcoin Gap on CME."

Bitcoin (BTC), Ether (ETH), Sol (SOL), and many important altcoins started the trading day in Asia in the red, beginning the week with volatility.

Bitcoin and Ether lead the liquidation map, with over 89 million dollars in liquidated bitcoin positions and 74 million dollars in Ether.

Willy Woo, on-chain analyst, anticipates that the market could correct Bitcoin's price down to 39,700 USD.

Understanding the Bitcoin Gap on CME

The "Bitcoin Gap on CME" at 39.7k refers to a situation where the price of bitcoin on the Chicago Mercantile Exchange jumped, leaving a gap at 39,700 USD. Historically, such gaps tend to fill, meaning the price often returns to this level. Price gaps in the CME futures market for bitcoin occur because their operating hours are aligned with U.S. trading hours, leading to possible price discrepancies when the market opens and closes.