#BTC hodling the Major support zone and kinda rejecting it. Price made some multiple rejections, which shows buyer confidence. Well, Daily Candle must hodl above this area to sustains the bullishness and in case of breaking below we can reach the $38,170 support level.
By Crypto Australia
#BTC.D slips below the support area and also broke below the support around 53.1% - 53.2%. We already warned about this to happen, as #BTC dumped and losing the influence in alts too. Well, its still looks like a same, as it might go through again, and might reach out the support zone of 51.8% - 52.0.
By Crypto Australia
Market performance for #BTC since the cycle high is also strikingly similar to both the 2013-17 and 2017-21 periods. Note that here we use the April 2021 market top as the cycle peak, which we argue is a better reference point for comparing cycle duration.
🔴 2013-17: down -42% from ATH
🔵 2017-21: down -39% from ATH
⚫️ 2021-23: down -37% from ATH
This is on the basis of a very broad spectrum of metrics which signaled that this was the zenith in market sentiment, adoption rates, and investor confidence
By Crypto Australia
My last two brain cells trying to decide whether to long or short while #BTC is at $70k... 🧠💨
(I am the lobster 🦞).
GM! What are we bag-holding today, family? 🚀
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#BTC.D broke the resistance and given a close above it Index made a immediate retest f the zone as support and rejecting. Well, We already the impact on the market over that, and if #BTC settles down here then we can see more fluctuations in alts. Right now, its better to keep the position with trailing stops.
By Crypto Australia
#BTC Market Analysis
BTC/USDT shows a strong bullish structure with price riding near the upper Bollinger Band and MACD confirming momentum. RSI at 68 signals strength but approaching overbought territory. Bulls control as long as support holds above 76,597, targeting resistance at 78,646 for continuation. Bear case triggers if price falls below 75,448, risking a deeper pullback toward 74,000. Watch 76,597 as the key level to maintain bullish bias.
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Bitcoin Bullets® Trading
#BTC Market Analysis
BTC/USDT is holding a bullish structure with MACD confirming upward momentum and RSI steady at 63, signaling strength without overextension. Price is hugging the upper Bollinger Band, indicating buying pressure but nearing potential short-term resistance. Bull case: hold above 76597 for a run toward 78646 resistance. Bear case: break below 75849 risks a deeper pullback to 75448 support. Key level to watch: 76597.
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Bitcoin Bullets® Trading
#BTC Market Analysis
BTC/USDT shows a steady bullish structure with price holding in the upper half of the Bollinger Bands and MACD confirming upward momentum. RSI at 57 indicates room to run before overbought conditions. Bulls need to hold above 76597 to target the next resistance at 78646. On the downside, losing 75849 risks a deeper pullback toward 75448 support. Maintain above 76597 for continuation.
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Bitcoin Bullets® Trading
#BTC Market Analysis
BTC/USDT shows weak bearish structure with price near the upper Bollinger Band and RSI at 63, signaling limited upside momentum. MACD remains bullish but lacks strong conviction as price struggles below key resistance at 78,246. Bulls need to hold above 76,597 to target a retest of 78,246 and potentially break higher. Bears gain control on a break below 75,448, risking a deeper pullback toward lower supports. Watch 76,597 closely for the next directional cue.
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Bitcoin Bullets® Trading
#BTC Market Analysis
BTC/USDT shows weak bearish structure despite MACD bullish crossover and RSI near 66 signaling momentum is still tilted to buyers. Price sits near upper Bollinger Band resistance around 78.3K, struggling to break convincingly higher. Bull case holds above 76.6K support with targets at 78.3K and 77.6K resistance in sight. Bear case triggers below 75.4K support, risking a deeper pullback toward 74.5K. Key level to watch: 76,600.
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Bitcoin Bullets® Trading
#BTC Market Analysis
BTC/USDT shows a weak bearish structure with price near the upper Bollinger Band and RSI in neutral territory. MACD is bullish, signaling a possible short-term bounce despite the overall downtrend. Bulls need to hold above 76597 to push toward resistance at 77604 and test 78348. Bears take control if price breaks below 75849, risking a deeper pullback toward 75448. Watch 76597 as the pivot for direction.
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Bitcoin Bullets® Trading