$BTC Our first target for Bitcoin today will be around 58500 and it is likely to reach around 58800. The $58,000 and $58,300 levels that I mentioned yesterday were realized within 18 hours. And when will this happen? I don't know, but I expect it to happen within 1 day. #bitcoin☀️ #pepe⚡ #BinanceTrendingTokens #halving
When whales buy crypto, they don’t just buy like regular folks. They push the price down as much as possible to scoop up large amounts without causing a price spike and losing money. So, keep the faith, don't panic sell. Your portfolio might be down by thousands or even millions, but hang in there! #BTC☀ #Bitcoin_Coneference_2024
$BTC has been rejected again at the $59.5k resistance level and is now testing the retest level. It's crucial to hold and bounce from this point. Closing within the triangle could lead to a further downside. Let's see how the price reacts in the next few hours.
$BTC If the support at $57,000 fails, a drop to $55,000 is possible. However, if the current support holds and positive sentiment builds, $BTC may attempt to challenge the $60,000 resistance again. So, keep an eye on the market 😎 #BTC/𝗨𝗦𝗗𝗧 #BTC☀
Bitcoin's price is expected to fall to the $47,000 or even $32,000 range before the current market consolidation ends. The likelihood of Bitcoin surpassing $73,000 during this period is very low, as such a jump would lead to major altcoins increasing by over 1000%, which is unrealistic under current conditions.
Significant upward movement for Bitcoin will likely occur only after the market consolidation phase, which involves necessary price corrections and market adjustments to build a stable foundation for future growth. Until this phase concludes, substantial price increases are unlikely.
Investors and traders should be prepared for possible dips and focus on making strategic purchases at lower levels, specifically between $32,000 and $47,000. This strategy can help minimize risks and position for potential gains once the consolidation phase ends and a clearer upward trend begins.
In summary, patience and strategic planning are key during this market consolidation period. By understanding market dynamics and waiting for the consolidation to finish, investors can better navigate volatility and take advantage of the eventual rise in Bitcoin's value.
In the coming few hours, $BTC is expected to experience a decline in value against USDT. Market analysis indicates a bearish trend, supported by downward movement in key technical indicators such as the Relative Strength Index (RSI) and moving averages. Additionally, increased selling pressure and negative market sentiment suggest that $BTC may continue to drop in the short term. Traders should consider this when planning their positions. #BTC☀ #BearishPhase
$COTI current uptrend suggests a sustained rally, with a short-term target of $0.16 appearing attainable. We anticipate BTC will follow suit. In the last rally, our monitoring recorded impressive gains of 510%. #uptrendbullrun #COTI/USDT⚡️⚡️
$BAND found solid support at $0.85 following the recent decline. It now appears ready to surpass $1.39 in the short term, with an anticipated rise to $3 over a longer period, assuming Bitcoin remains bullish. Our data showed 190% gains in the last rally. #BAND/USDT⚡️⚡️ $BAND