Wild Bitcoinβ’π΅πΈ
#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 shouldβ¦
#BTC: Bulls Regain Momentum! πΉ
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/
ππ #BTCAnalysis #BullishMomentum #CryptoUpdates #Bulls #Bears
π Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! πβ¨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg
Best of luck with your trades! π
Wild Bitcoinβ’
πwe ask Allah reconcile and repayπ
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/
ππ #BTCAnalysis #BullishMomentum #CryptoUpdates #Bulls #Bears
π Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! πβ¨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg
Best of luck with your trades! π
Wild Bitcoinβ’
πwe ask Allah reconcile and repayπ
TradingView
BINANCE:BTCUSDT Chart Image by HamadaMark
Wild Bitcoinβ’π΅πΈ
#BTC: Bulls Regain Momentum! πΉ 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 zoneβ¦
#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/
ππ #BTCAnalysis #BullishMomentum #CryptoUpdates #Bulls #Bears
π Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! πβ¨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg
Best of luck with your trades! π
Wild Bitcoinβ’
πwe ask Allah reconcile and repayπ
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/
ππ #BTCAnalysis #BullishMomentum #CryptoUpdates #Bulls #Bears
π Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! πβ¨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg
Best of luck with your trades! π
Wild Bitcoinβ’
πwe ask Allah reconcile and repayπ
TradingView
BINANCE:BTCUSDT Chart Image by HamadaMark