On the daily chart for $BTC , a descending channel can be seen that has guided the price for several months, with lower highs and lows. Currently, the price is close to the upper limit of the channel, indicating a possible resistance around $64,000.
If the price manages to break this resistance strongly and exit the channel, it could signal a change in trend to the upside. Confirmation of this movement would be supported by an increase in volume and a daily close above the channel, which could lead Bitcoin to seek new targets around $70,000.
However, if the price fails to break this area, it could experience a correction towards the channel support. These key levels should be kept an eye on to confirm whether the breakout will be bullish or whether the channel will remain in effect.

This fall is very aggressive! It is a post-halving correction.
In the short term, we will continue to go down a little more, btc is going for 53K.
They are very interesting areas to expand your portfolio. Act with caution, avoid futures trading during these volatile days...
Look at the historical chart of bitcoin, the corrections before any bullrun have been characterized by being strong, of large percentage, corrections between 40% and 60%.
It is a critical moment, many people will let themselves be carried away by fear and continue selling the decline, others, however, know that it is a matter of staying calm, accumulating more cryptos and waiting, time is always our best friend.

Any opinion is welcome, thanks for reading.

Leaving aside emotions, the market has been correcting for more than two months, for the price to drop to 50K in BTC would not seem crazy to me, in Solana I would expect a drop to 128. I would see all this as a cleanup, and go strongly for the desired 100K in bitcoin, but for now, we will continue to go down.

Many altcoins are evidently on the floor, their volatility makes the falls very abrupt and with great loss.

For those who think in the long term, it is a very interesting shopping area, BTC is trading at prices it had in March. In the short and medium term you will continue to go down.

It is not investment advice. Remember that each of us has a different vision and also a completely different portfolio. Read, know the projects, set goals and make operations based on technical and fundamental analysis.

Good luck! 🍀

Let's not forget that we are in a price correction, but our outlook remains bullish in the medium and long term. Summer always tends to be bearish according to the data, my recommendation is not to get carried away by the pessimism of some who want you to sell, the graphs support our bullish vision.

BTC is in an important area, which if it breaks downwards we could go to 55K... from there, I would expect an upward rebound, with enough strength to break its history and begin the expected Bullrun.

On the weekend the cryptocurrency market usually wanders through a very closed price range. I would expect the big movements at the beginning of the other week. We could classify this movement as a kind of trap, because many will sell and feel the pressure of the price of everything. the crypto ecosystem on the decline.

Remember that it is not investment advice, I try to give my vision based on what I see of the market and listening to experts and what you think.

Good luck with your trades!


ダノビス

Cryptonian very much agree, for now, stay firm, buy on dips, hold, and not despair. Step by Step.

I think an upward price rebound is imminent, the downward movement of Z that we were experiencing has already been stopped. If we want to see the bullrun soon, the price of bitcoin must break 72K strongly, it is a zone that it has rejected at least three times...

We go without hurry, at the speed that the market wants to go, altcoins have fallen almost 30% in value for about three months, study the projects before investing in them, manage the risk, and be patient.

What do you think?

It is a great shopping area for us holders in the entire crypto ecosystem, my opinion is not to panic in the short term, remember that we are about to start the bull market. The price of bitcoin sought liquidity, perhaps it could go down due to more liquidity at 64K, but that's as far as I would expect the price to go, the movement we are observing now is a Z, we don't know where it will stop, after the Z what is What is expected is a rebound in the price and going to look for historical highs, here it will be important to see if BTC will easily cross 72K, if not, we would think that the bull market could begin much later than expected.

Today I made purchases in most of the cryptocurrencies in my portfolio, BTC, SOL, BNB, ADA, RNDR.

Breathe, analyze the context, it is a good scenario to think about entering an altcoin, it is a moment of panic for many but keep in mind that our annual graph shows an upward trend.

The XRP chart shows a downward trend over the last 90 days, with a significant drop from a high around $0.6671 to the current price of $0.5199. Here is an analysis based on this temporality:

Short Term (Next weeks):
In the short term, XRP appears to be in a consolidation phase, moving in a tight range between $0.4666 and $0.5395. Low volatility and price stabilization suggest we could see a period of accumulation before a significant move occurs. However, since the overall trend is bearish, it is more likely that the price will continue to face downward pressure, especially if there is no positive news or events to drive the market.

Medium Term (Next months):
In the medium term, the outlook will largely depend on the direction the price takes after the consolidation phase. If XRP can convincingly overcome the resistance at $0.5395, we could see a recovery towards higher levels, potentially near $0.6124 or even $0.6671. However, if the selling pressure persists and the price falls below the support at $0.4666, we could see a continuation of the downtrend, with support levels potentially in the range of $0.40 to $0.45.

Long Term (Rest of the year):
In the long term, the evolution of XRP will depend on macroeconomic factors, developments in the cryptocurrency space, and any specific news related to Ripple (the company behind XRP). If the broader cryptocurrency market enters a bullish phase, XRP could benefit and recover towards its previous levels. On the other hand, if market conditions remain unfavorable, XRP price could continue its downtrend or remain in a prolonged consolidation range.

It seems that the crypto ecosystem is positioning itself for a strong rise, $SOL has gained relevant areas, $BTC is walking around 68K, $ETH corrected its large bullish candle after the news of the approval of ETFs.

#ConfianzaDelMercadoHoy There is a bullish sentiment, I wouldn't be surprised or bothered if the price of $BTC drops a little. maybe 68K and have a cleaner climb, go for 80k without fear. The news of the approval of ETFs for Etherium has been very positive, everything is ready for the bullrun.

$ETH beeing bullish, what a hit | We are in a key defense zone in Etherium, it is key to analyze other cryptos that serve as a guide, analyzing the price of $SOL will give us indications of what the price will want to do in the short and long term, Solana has shown a strong bullish structure , we will see if the Z that we are experiencing after this week's bullish momentum will go further... in other words, by analyzing Solana we will know where the price of the bullish momentum will stop and begin a price correction throughout the crypto ecosystem.

Critical moment of $BTC . In a few hours it is the halving and I feel that there is a lot of uncertainty in the market, the technical analyzes these days are not as reliable as always... In my humble opinion I think we still have a bearish stretch before we continue looking to the ceiling, I think we could see it drop to 55K. The short-term sentiment is bearish, but in the medium and long term the sentiment is bullish. Make your operations intelligently, managing risk and diversifying your money in projects that you know and see potential.

$BNB to the moon ! 🚀 legooo

Several cryptocurrencies have been monitored, what they call a cross analysis, it is mentioned that altcoins are working on breaking relevant levels and continuing to look up. I find it interesting times to buy and keep. The impulse $BTC evidently has repercussions on the entire crypto ecosystem. After the all-time high, the price has been correcting and that is what the altcoins have been doing.
I am biased upwards, but that does not imply that these days we will see scenarios of strong bullish impulses and subsequent price corrections.

The expected, the break of 69K with force, a historical maximum surpassed and a community waiting for it to rise much more, we will see the new price levels that will work this week, perhaps 72k and 73K. Our bias will remain bullish. Good luck!$BTC ready for takeoff 🚀

$BTC remained between 66K and 68K this last week, we were waiting for a price reaction, our bias is bullish these days, that does not imply that the price can correct, but seeing what bitcoin has done today, it suggests that He wants to go beyond 70K and hopefully strongly, because the last time he was at these levels it was very subtle and the price dropped immediately. The question we are asking is, what will the smart money do at this all-time high level? Will we be facing a market trap and the price will drop again to at least 65K? Or are we at the most relevant moment for bitcoin facing the possibility of exceeding its all-time high and continuing to rise? It will dawn and we will see.

$BTC We will see what the smart money will do, they have already touched the 69K level but have not yet broken it hard. I wouldn't be surprised if the price wants to look for 65K and go for the big push that breaks the all-time high. For now the bull run is paused until we see a movement that breaks relevant structures...

I am new to square, but I have been in the crypto world approximately since 2020, I will be posting technical analysis learnings and personal comments here, willing to meet people and learn this together. These days spirits and enthusiasm for a bullrun are running high... let's take advantage of these green moments, wisely. $BTC $ETH $BNB

My prediction is that $BTC will be oscillating between 67k and 63k, it is working an accumulation and then going up and looking for 70k. Right now the vast majority of people are in profits, it is time to take advantage of the drops these days to buy and save your cryptos. The whales buy everything because they know that this will explode the prices in the market with the fomo that is already beginning and the halfting that is getting closer and closer.