$BTC Every time Bitcoin tried to challenge the Downtrend fo | Crypto_Daily_Insights on Binance Square

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$BTC Every time Bitcoin tried to challenge the Downtrend for a breakout recently - it got rejected
Bitcoin is on the cusp of another Downtrend challenge
Can Bitcoin do it this time?
$BTC  #cryptotipshop  #bitcoin☀️  #Ethereum_ETFs_Expected_Date #CPI_BTC_Watch #BinanceTurns7 

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$BTC What now? BTC At first follow the plan, now we have a Cande close below the Important Level! After the New York Open all Futures went down which drag the BTC price too. We have Correlaton with US Futures! If we can see Bounce from here and fast reclaim of 63850 this will be Bullish Next Support Below is 63000! #ETH_ETF_Approval_23July #BinanceHODLerBANANA #Mt_Gox_BTC_Dip #BinanceTurns7 #SOFR_Spike

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$BTC continue it's Upward momentum and Soon it will again break it's strong resistance 65,477. Based on the $BTC /USDT data, the current price is $64,738, showing a -1.13% decrease. The 24h high is $65,993.14, and the 24h low is $63,854.00, with volumes of 27,916.02 BTC and 1.81B USDT. For long trades, an entry point near the 24h low ($63,854.00) is advisable, aiming for resistance around $65,993.14. For short trades, consider entering around the 24h high ($65,993.14), targeting support at $63,854.00. This approach leverages recent price movements and key support/resistance levels to provide potential profit opportunities for traders. #ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #ETH_ETF_Approval_23July #BinanceTurns7 #SOFR_Spike

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🚨URGENT! MUST READ.🚨 ~ 🚨Bitcoin is about to DUMP.🚨 ~ So before I start this post, I want to address the fact that this dump has nothing to do with Mt. Gox, this dump was inevitable to happen since we're too overbought on the daily. ~ 1D: #BTC is currently getting rejected at the mid-range, which also aligns with the 0.618 fib level. Typically, after a down trend, sometimes we have a dead cat bounce where the price retraces to the 0.618 fib level before dumping again. In order to invalidate this, we need to flip the 72k level into support. Also, as you guys can see, $BTC never retested the 20 EMA after we broke out of it, ever since losing it in early June. A retest will happen sooner or later. The levels of the dump is marked in the 4H chart. ~ 4H: Bitcoin has completed 5 waves up on the 4 hourly time frame and is on its way to do an ABC correction, I believe that the C wave bottom will be somewhere between the 0.618 & 0.5 Golden Fib zones. Which also aligns with the 20 EMA retest on the the daily. I've drawn in yellow what I expect the ABC correction to look like. ~ If you want to know what the most bearish scenario can be, then I've also attached a 4H chart showing that, if we lose the July 8 low, we're in a technical target to 1.272 Fib level sitting at $51,450, & if we have a deeper retracement, then 1.618 Fib level sitting at $48,054 ~ Thanks for reading, stay safe.🤝🏻 $BTC #ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #SOFR_Spike #SOFR_Spike #BinanceTurns7

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$BTC The crypto market moves so fast. Just 4 days ago, the Crypto Fear and Greed index was at 25, indicating extreme fear. 4 days later, it's sitting at 69, indicating greed. It's crazy how a couple of green candles can totally change the crypto sentiment. #ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #Mt_Gox_BTC_Dip #BinanceTurns7 #SOFR_Spike

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🚨🚨🚨BTC will drop till 60,600🚨🚨🚨 BTC current price is $64,000 and now it will drop to $60,600 . BTC has rejected from 64,800 and will drop till 60,600. Here is full detail . As predicted yesterday BTC failed to close above 64,800 and now it will drop to 60,600. It is happening due to of two reasons . First reason is that #BTC☀ is forming inverse head and shoulder pattern . Right now it is going to form right shoulder that is indicating BTC will drop to $60,600 area not exact price. Not saying that BTC will bounce from $60,600 area . It will drop to this area and then we will analyse again if it form any bullish pattern we will bullish and wait for pump. At that only keep in mind $60,600 area next stop. Second reason is that BTC has break 1H support trend line indicating a retracement till $61,000 area. Everyone on square can predict it but no one will tell what to do right now ? As said in yesterday post that sell BTC at $63,800 and wait if BTC close 8H above 64,800 then buy again otherwise wait for correction and buy at $60,000 level . And now it is clearly shown that BTC failed to close above 64,800 so we will wait for correction and buy it again at lower prices. Do not sell your alts coins . Hold them tightly and wait for pump. Note: Do your own research before investing in any coin . $BTC #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date #BinanceTurns7 #SOFR_Spike

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