Wild Bitcoin™🇵🇸
#BTC has confirmed a breakdown, dropping to $38,500 with a slight rebound before the daily close at $39,700. Currently, the $40,500-$41,500 range has become a resistance line for bulls. It's acceptable to witness a BTC pullback and retest. The main focus should…
#BTC: Bulls Regain Momentum! 💹
Recent Market Overview:
Despite a breakdown to $385XX last week, BTC avoided a weekly close below $40500 and showed resilience, followed by a rebound to $42XXX, positioning bulls for another attempt, with a key resistance zone at $435XX-445XX.
The ultimate test for bulls remains a breakout above $48K weekly, especially considering the performance on the monthly frame.
Technical Analysis:
The rebound from $397XX served bulls to reclaim the daily breakdown for $40500, and avoid the weekly closing below which shows bulls' attempts to keep this barrier active.
The current resistance is at $435XX-445XX. A bullish takeover with a weekly close above this range would signify the bull's strength.
The ultimate test for bulls is a confirmed breakout above $48K weekly, considering the critical monthly frame. Our view leans toward another BTC dump unless this breakout occurs
During that, we traded BTC from $397XX with two targets achieved.
https://www.tradingview.com/x/vvp3LQsr/
📊📈 #BTCAnalysis #BullishMomentum #CryptoUpdates #Bulls #Bears
📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg
Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏
Recent Market Overview:
Despite a breakdown to $385XX last week, BTC avoided a weekly close below $40500 and showed resilience, followed by a rebound to $42XXX, positioning bulls for another attempt, with a key resistance zone at $435XX-445XX.
The ultimate test for bulls remains a breakout above $48K weekly, especially considering the performance on the monthly frame.
Technical Analysis:
The rebound from $397XX served bulls to reclaim the daily breakdown for $40500, and avoid the weekly closing below which shows bulls' attempts to keep this barrier active.
The current resistance is at $435XX-445XX. A bullish takeover with a weekly close above this range would signify the bull's strength.
The ultimate test for bulls is a confirmed breakout above $48K weekly, considering the critical monthly frame. Our view leans toward another BTC dump unless this breakout occurs
During that, we traded BTC from $397XX with two targets achieved.
https://www.tradingview.com/x/vvp3LQsr/
📊📈 #BTCAnalysis #BullishMomentum #CryptoUpdates #Bulls #Bears
📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg
Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏
TradingView
BINANCE:BTCUSDT Chart Image by HamadaMark
Wild Bitcoin™🇵🇸
#BTC: Bulls Regain Momentum! 💹 Recent Market Overview: Despite a breakdown to $385XX last week, BTC avoided a weekly close below $40500 and showed resilience, followed by a rebound to $42XXX, positioning bulls for another attempt, with a key resistance zone…
#BTC performance shows weakness near the resistance zone we mentioned, we might see some volatility during the new monthly candle open, so be careful and stick with risk management
The ultimate test for bulls is a confirmed breakout above $48K weekly, considering the critical monthly frame. Our view leans toward another BTC dump unless this breakout occurs.
Current resistance zone $435XX-445XX! and the first test for bulls' strength!
https://www.tradingview.com/x/mgH4FPTd/
📊📈 #BTCAnalysis #BullishMomentum #CryptoUpdates #Bulls #Bears
📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg
Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏
The ultimate test for bulls is a confirmed breakout above $48K weekly, considering the critical monthly frame. Our view leans toward another BTC dump unless this breakout occurs.
Current resistance zone $435XX-445XX! and the first test for bulls' strength!
https://www.tradingview.com/x/mgH4FPTd/
📊📈 #BTCAnalysis #BullishMomentum #CryptoUpdates #Bulls #Bears
📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg
Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏
TradingView
BINANCE:BTCUSDT Chart Image by HamadaMark
Wild Bitcoin™🇵🇸
#BTC Breakout Alert! 🚀💥 Summary of Recent Moves: Since the end of December, we've anticipated a BTC dump from $48K to $385XX, with our initial long-term limit set at $375XX, which unfortunately didn't activate. Consequently, we entered a long position at…
#BTC Update: 📈💡
Recent Developments:
BTC surged from $48K to $528XX, nearing the initial target of $53K post-breakout confirmation for $48K, showcasing strong mid-to-long-term bullish momentum.
Short-Term Considerations:
Despite the upward momentum, signs of weakness emerged around $528XX on the short-term daily chart, potentially leading to a retracement to $49-48K if Bulls fail to takeover $53K before 21 Feb, where initial support may be found.
Critical Support Level:
$445xx-$435xxK remains a pivotal support level; maintaining above it signals sustained bullish momentum, while a breach below, especially on the weekly or Monthly timeframe, could trigger a sell-off.
Key Focus Areas:
Prioritize monitoring weekly and monthly closes for clearer insights into the market direction in the long term,
In short-term movement, eyes on performance and PRZ are around $49-48K.
https://www.tradingview.com/x/3322rgw4/
📉🔍 #BTCAnalysis #BullishMomentum #MarketInsights
Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏
Recent Developments:
BTC surged from $48K to $528XX, nearing the initial target of $53K post-breakout confirmation for $48K, showcasing strong mid-to-long-term bullish momentum.
Short-Term Considerations:
Despite the upward momentum, signs of weakness emerged around $528XX on the short-term daily chart, potentially leading to a retracement to $49-48K if Bulls fail to takeover $53K before 21 Feb, where initial support may be found.
Critical Support Level:
$445xx-$435xxK remains a pivotal support level; maintaining above it signals sustained bullish momentum, while a breach below, especially on the weekly or Monthly timeframe, could trigger a sell-off.
Key Focus Areas:
Prioritize monitoring weekly and monthly closes for clearer insights into the market direction in the long term,
In short-term movement, eyes on performance and PRZ are around $49-48K.
https://www.tradingview.com/x/3322rgw4/
📉🔍 #BTCAnalysis #BullishMomentum #MarketInsights
Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏
TradingView
BINANCE:BTCUSDT Chart Image by HamadaMark