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Clear & honest crypto analysis BTC, ETH & major altcoins No hype, no false promises Daily & 4H market insights
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219
Another good #BTC weekly close above the EMA200
Iβm still expecting a bounce to at least $74k before π
219
πΊπΈ The U.S. government currently holds $22.5 billion in BTC.
No liquidation. No panic.
Thatβs long term conviction.
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BTCUSDT 1h:
Currently retesting the uptrend, expecting to see some volatility around this area, before further pullback to the upside.
219
Next week "focus"
- Monday US holiday
- Tuesday onwards (full week) Chinese New Year
- Wednesday VIXperation
US macro-wise boring non-events
& main crypto thing to watch, do more Asian gigawhales deposit BTC to sell and how does price act? yesterday was a positive-shift
219
$ETHUSDT Update:
Perfectly followed the prediction, pulled back up from the bottom, just like we have mentioned.
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Bitcoin is around 70,000 now, which direction is it likely to move next?
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JUST IN: US inflation comes in cooler, CPI +2.4% YoY and +0.2% MoM, both below expectations.
Bullish
219
BNBUSDT Update: 1h
Still showing weakness here, rejected, and we are expecting to see further continuation to the downside.
We will only start looking at bullishness if we break from above of the downtrend.
219
$ETHUSDT Update: 1h
An update to the previous prediction, it should hold above of the golden level in-order to stay bullish
We told you π
219
#BTC 1D chart | Game plan for the next 2 months
Resistance: $74-79k
Support: $60-64k
I think we will spend some time between those levels before the inevitable breakdown π
π― Next Target - $48-50k (August 5, 2024 Low + 1.618 Fib)
219
$USDT.D update
Hit my Double Top target a bit prematurely.
Now I think the Top will be between 10-11%
219
#BTC printed a strong weekly close above the EMA200 leaving a long wick below
Usually we fill such wicks π
219
#BTC CME Futures
Thereβs a CME Gap at $84k and some people think we have to fill it as soon as possible
Well, we really donβt.
It's the same CME Gap that we got at $35k in May 2022
It wasn't filled until ... October 2023 π₯
219
CHZUSDT Update: 1h
The downtrend is accurate, and the next breakout will lead to a strong move to the upside on $CHZ, we're not so far away from that and we will be placing a signal when it's the time.
219
Ethereum on the 1 hour timeframe, as you can see we are currently going sideways inside of this channel, soon, there will be a retest around the 0.618 fibonacci retracement which is the strongest level on the short term timeframe. The confirmation that the bullish direction is going to be strong is a breakout from above of the dashed downtrend, and the downtrend line.
219
JUST IN: Korean regulators launch emergency probe into Bithumb after 60 trillion won Bitcoin error.
