abdel MA
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After breaking out of the triangle i beleive that we are going to see $BTC set a new ATH, but before that we can :
- Retest the triangle trends line as usual (50% chance)
- Trade in the newly created rising channel (40%)
- Go crazy to a new ATH with no correction (10%)
What do you guys think is gonna happen ?
- Retest the triangle trends line as usual (50% chance)
- Trade in the newly created rising channel (40%)
- Go crazy to a new ATH with no correction (10%)
What do you guys think is gonna happen ?
Rule #1 in This Market: Avoid Following the Crowd
Here are some key levels to watch for Bitcoin ($BTC):
- $90K: This level has served as support a few times in the past, and we may see a rebound here. However, I’m not sure it will hold this time. I’ll be cautiously buying a small amount at this price point.
- 85K: This zone acted as support on November 12th, preceding the rally to the all-time high (ATH). While it may hold temporarily, it doesn’t appear to be a particularly strong level.
- 72K–75K: I believe this range is the most likely area for a touch before heading back toward a new ATH. It served as resistance in the previous cycle and aligns with the typical pullback to the last ATH before a fresh rally.
Stay smart and take care
Here are some key levels to watch for Bitcoin ($BTC):
- $90K: This level has served as support a few times in the past, and we may see a rebound here. However, I’m not sure it will hold this time. I’ll be cautiously buying a small amount at this price point.
- 85K: This zone acted as support on November 12th, preceding the rally to the all-time high (ATH). While it may hold temporarily, it doesn’t appear to be a particularly strong level.
- 72K–75K: I believe this range is the most likely area for a touch before heading back toward a new ATH. It served as resistance in the previous cycle and aligns with the typical pullback to the last ATH before a fresh rally.
Stay smart and take care
As i said in my last post im still bearish on $BTC for a couple reasons:
1) Excitement in the market : everyone is expecting the market to go up and the altseason to start but from experience that can only happen when there is fear in the market (this is just from my personal feeling based on my own experience and i hope im wrong)
2 i have a conspiracy theory here: Trump want to buy bitcoin for the US, we know trump is a business man, he is not going to buy Bitcoin at an ATH, so I believe that they might cause a big correction before they can buy and only that can start a big new cycle in the market, nothing positive is happening right now that can lead to big gains.
Note: i beleive Ai coins will make more gains this cycle
This is just my POV and im just using this platform to share my thoughts.
1) Excitement in the market : everyone is expecting the market to go up and the altseason to start but from experience that can only happen when there is fear in the market (this is just from my personal feeling based on my own experience and i hope im wrong)
2 i have a conspiracy theory here: Trump want to buy bitcoin for the US, we know trump is a business man, he is not going to buy Bitcoin at an ATH, so I believe that they might cause a big correction before they can buy and only that can start a big new cycle in the market, nothing positive is happening right now that can lead to big gains.
Note: i beleive Ai coins will make more gains this cycle
This is just my POV and im just using this platform to share my thoughts.
Here you can see the monthly price change for $BTC since the beginning.
I personally wouldn’t base anything on this but just wanted to share with you.
#goodnight
I personally wouldn’t base anything on this but just wanted to share with you.
#goodnight
If we see a correction here as i mentioned in my last post, i beleive these coins will hold well :
$BNB (a lot of support from this community and used for upcoming launchpad)
$XRP (strong community of HODLERS and a lot of optimism for this project)
$FTM (the coin already dumped by a big margin and it has a great support zone)
Tell me what do you guys think will happen in the next couple days.
NOT financial advice just my POV
$BNB (a lot of support from this community and used for upcoming launchpad)
$XRP (strong community of HODLERS and a lot of optimism for this project)
$FTM (the coin already dumped by a big margin and it has a great support zone)
Tell me what do you guys think will happen in the next couple days.
NOT financial advice just my POV
Hi Everyone,
After BTC breakout from the descending triangle and approaching the 100k resistance level (we had 2 rejections at this point and also the 6 figure psychological barrier) i think we have 2 scenarios :
1- A rejection and retesting the 90k support level
2- A daily candle close above 100k means probably an upward push to retest the ATH
I think the first is more probable thats why i took some profits out, but we shall see what happens
$BTC
After BTC breakout from the descending triangle and approaching the 100k resistance level (we had 2 rejections at this point and also the 6 figure psychological barrier) i think we have 2 scenarios :
1- A rejection and retesting the 90k support level
2- A daily candle close above 100k means probably an upward push to retest the ATH
I think the first is more probable thats why i took some profits out, but we shall see what happens
$BTC
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