The market started moving as expected on Monday, with Bitcoin experiencing another surge and reaching the resistance area. However, the price is facing heavy selling at this level and is struggling to break through. It remains to be seen how BTC will react to this resistance. If it manages to break above $65,000, it will likely head towards the all-time high resistance of $69,000-$70,000. The support level remains unchanged.
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#aPharmacist

The #crypto market appears to have entered the “hope” phase in the psychology of a market cycle! Take any correction as an opportunity to buy the $BTC dip.
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#aPharmacist

ETH (ANALYSIS)

Same bias here as in BTC, if price get rejected from marked supply zone and seller show aggression here then move towards downside will trigger in it.
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#aPharmacist

BTC (ANALYSIS)

Price is consolidating under marked liquidity trendline and also heaving supply zone that is action as resistance zone, expecting nuke from here towards downside.
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#aPharmacist

As the price of #Bitcoin increases, there's a noticeable decline in the creation of new $BTC addresses daily.

This trend points towards a lack of retail participation in the current #BTC bull rally, suggesting that the recent price action is primarily fueled by institutional demand.
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#aPharmacist