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Bitcoin Weekly Chart: Bitcoin dropped 7% in this week due to Iran-Israel Conflict. Support : $60,000 and $57500 Resistance: $67000 and $70000 Any Further escalation between Iran-Israel can give more correction on chart. We have noticed that BTC price drops in first 10 days of each month since April and than rebound quickly. October can be highly volatile due to War/Earning Season and US Election. #BTCUptober #btc
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ALTSEASON 2.0 UPDATE Let's keep it simple. The chart speaks for itself. BREAKOUT soon đ„ #altseason2.0 #altseason2024
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#BTC DOMINANCE ANALYSIS BTC.D is moving within a rising wedge on the weekly timeframe, which is technically a bearish pattern. The 21MA is acting as a support below the wedge. Consequently, we can expect a decline in BTC.D soon. A sustained breakdown of the rising wedge would provide strong bearish confirmation. A downward trend in BTC.D, while BTC moves sideways or bullish, would indicate a bull run in altcoins. #BTC.D #BTC.Dominance
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đš#BTC/USDT ANALYSIS UPDATE đ€ Bitcoin continues to hold below the horizontal supply zone following its breakout from the symmetrical triangle. It is currently attempting to break through its horizontal supply zone. The Ichimoku Cloud is offering support above the triangle. A breakout of the horizontal supply zone could signal the start of a bullish trend. #btc $BTC
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