Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
Usman Abaidullah
--
Follow
$BTC
barely reclaimed it's position and now reversal.
#BTC☀
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
562
0
Replies
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
Usman Abaidullah
@Square-Creator-2c670d651fa3
Follow
Explore More From Creator
Neiro Technical Analysis:
--
Told you, $BNB gonna pump and gonna pump more because of recent launchpool of Scroll(SCR) crypto coin. #SCRSpotTradingOnBinance #BNBAnalysis #CryptoNewss
--
Best time to buy $NEIRO , It will pump in 1-3 days, Free money #NeiroOnBinance #CryptoNewss #CryptoMarketMoves #MemeWatch2024 #MemeCoinTrending
--
Breakingnews! $BTC technical analysis: Based on the chart provided, here are some observations and future analysis for BTC/USDT: Key Observations: 1. Current Price and Range: The price of Bitcoin is around $68,138.36, just below the 24h high of $69,000. 2. Moving Averages (MA): MA(7) is currently at $68,399.51, which the price is hovering close to. This suggests short-term equilibrium, with price movements potentially aligning with the MA(7). MA(25) is at $67,631.23, and MA(99) at $63,756.81, showing that the price remains well above both moving averages, a strong indicator of an ongoing bullish trend. 3. Support and Resistance: Support Level: The chart shows strong support around $64,800, as evidenced by the lower bound of recent price action. Resistance Level: The price is encountering resistance at $69,000, which has been tested but not yet broken. 4. Trading Volume: The volume seems to be decreasing, which may indicate the market is waiting for a significant move before picking up again. A volume increase near resistance would suggest stronger market conviction. Future Analysis: Bullish Case: If Bitcoin can break above $69,000, the next target would be the psychological level of $70,000, with potential for further upward movement. Positive market sentiment could push prices higher, especially if volume picks up as the price tests these resistance levels. Bearish Case: If the price fails to break through $69,000, it may pull back to the support level around $64,800, with the potential to go lower if selling pressure increases. The MA(25) at $67,631 could act as short-term support if a minor correction happens. Conclusion: The price is currently in a consolidation phase just below $69,000. If it breaks through this resistance, a rally could continue. However, if the price struggles, there might be a pullback to the support levels around $64,800 or $67,000. Keep an eye on the volume and how the price behaves around the moving averages for a clearer signal of the next move. #BTC☀ #CryptoNewss #10MTradersLeague
--
Bitcoin Direction
--
Latest News
Bitcoin Holdings by Whales Reach Record High, Analysis Suggests Potential Growth
--
Pennsylvania House Passes Bipartisan Bill For Digital Asset Regulation
--
Binance Labs Invests in Moonwalk Fitness to Gamify Health and Fitness
--
USDC Treasury Mints Nearly 51 Million USDC on Ethereum
--
OpenAI Disbands AGI Readiness Team Amid Leadership Changes
--
View More
Trending Articles
Future Price of Solana (SOL) and Its Possible Peak Price
Raaj Raaj
🚨 $1 BILLION BITCOIN MOVES TO BINANCE: A Massive Shift Is Coming! 🧐
Amina Chattha
"Ripple Faces Risk of Losing XRP and Other Assets—Find Out Why!"
The Crypto Basic
Zero SHIB Burned in 24 Hours – What's Going On?
U.today
Before you empty your X-EMPIRE bag: READ THIS 🔥
Bag the TONs
View More
Sitemap
Cookie Preferences
Platform T&Cs
