Btcsignals
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Followed thru on bullish pin bar - Given resistance came in effect at $51,630 and built support over it beautifully, same support in effect currently, $52,527 resistance testing, RSI on 1D and 4H in overbought region, next resistance areas $52,932, $53,672, $54,129, $54,772, and $55,901.
$BTC Daily updateCRYPTOCAP:BTC #BTC Called it almost 6 hours before, bearish divergence played out on 4H and given support at $48,644 came in effect, $49,734 resistance testing as of now, RSI back below overbought thanks to the correction here and managed to keep the progress nicely, Bullish pin bar on previous daily close if followed thru next S/R area expected at $50,579 / $51,630, some resistance at $52,932-$53,672.
#BTC LIQUIDATIONS COMING SOON !!!HELLO TRADERS ...
#BTCUSD has drop as we had sent predictions in our previous analysis on cup & Handle Shape based chart which is attached in comments
Dear traders weekly chart is showing us some rejection near weekly resistance which was last high of 2024 till now Iam still expecting some retracements and EFT will get some more selling pressure to help they buy cheaper BTC technically it is showing a rejection on broken support which was 42K$ a stronger $ can push the BTC more down to its new support zone lets see what markets bring to us. Friends its just a trade idea on base of technical analysis share Ur thoughts with us it help us alote
have look on Bull Trend analysis also in our profile zone tests also worked well from given levels till now but i am expecting more Drop if BTC does not hold above 44K next week.
Stay Tuned For more updates!
$BTC Daily updateCRYPTOCAP:BTC #BTC AMEX:GBTC outflows effecting #Bitcoin, $39,458 support came in effect, current 4h with potential bullish engulfing, Previous daily closed bearish, RSI on 4h and 1d close to oversold region, expect a reversal as AMEX:GBTC outflows cool down. $42,070 & $43,145 resistance to watch.
$BTC Daily updateCRYPTOCAP:BTC #BTC $46,623 support in effect, $47,232 resistance holding. Previous 4h closed very good, current 1D looking good, if followed thru on previous daily close expect $47,786-$48,080 test,
Bitcoin ETF hype already pretty visible throughout the market, Jan 10 deadline approaching shortly.
Next key resistances $48,644, $49,734, $50,579, $51,630, $52,932.
$BTC Daily UpdateCRYPTOCAP:BTC CRYPTOCAP:BTC Descending Triangle forming on 1D and 4H, let's see in what direction this breaks, $40,583 support in effect followed by a bearish engulfing on 4H, if 4h shoots closing above $42,070 the Descending Triangle will break bullish, previous daily close with bearish engulfing