Cryptoz Coach™
BTC 1H reversal and tageting to 51000$ retest .If Bitcoin can breakout the resistance levels then its back to bullish area🚀.So far This is normal correction
$BTC can get very bullish if we flip the resistance here
The #Bitcoin futures market saw a new record volume yesterday – more than $180B were traded across major exchanges.
#Square also announced that it has purchased approximately 3318 bitcoins. Dip is accumulating
US institutional investors are still buying $BTC.I bought more $BTC here.
Major reason for today drop is the jittering macro environment like the 10-year Treasury note, not whale deposits, miner selling, and lack of institutional demand.
Major reason for today drop is the jittering macro environment like the 10-year Treasury note, not whale deposits, miner selling, and lack of institutional demand.
Cryptoz Coach™
On 4 hr, bullish divergence played out.Price would have to turn 49500 to resistance to add confluence for a move up.
- BTC 4H trend indication is bearish -
BTC mark bearish change in the trend direction after successful retest over top trend resistance(it didnt breakout yet). BTC may have further bearish implications towards 39-42k to next major support.... then we may gonna probably see next bullish Leg up on Bitcoin.It doesn’t necessarily need to mean instant reversal here.
My suggestion Dips are for buying opportuntiy. beacuse I expect there is big Consolidation for next 2-3 weeks, before a big bull move so every dip is your chance.Whales are buying the dip
God bless you and stay safe!
BTC mark bearish change in the trend direction after successful retest over top trend resistance(it didnt breakout yet). BTC may have further bearish implications towards 39-42k to next major support.... then we may gonna probably see next bullish Leg up on Bitcoin.It doesn’t necessarily need to mean instant reversal here.
My suggestion Dips are for buying opportuntiy. beacuse I expect there is big Consolidation for next 2-3 weeks, before a big bull move so every dip is your chance.Whales are buying the dip
God bless you and stay safe!