After $105K Peak, Bitcoin May Revisit 0.382 FOB Level!

6 680
BTC is pulling back after hitting a high of $105,800

If you look at the daily chart, we haven’t seen any healthy pullback, the price has gone straight up.

In my opinion, a retest of the 0.382 FOB level around $94K would be a healthy correction for Bitcoin. Based on the liquidation heatmap, we’re also seeing liquidity building up at lower levels.

This is one of the signs of a pullback, which is important for a sustainable and healthy market.

Stay tuned and follow for more updates!
Trade attivo
istantanea

BTC Nothing to Worry About!

BTC has formed a short-term demand zone around $101K to $102K, with the 50 MA also acting as strong support in this area.

Not expecting major moves for now, likely to see some sideways action within this support and resistance range for a while.

As I mentioned in my previous BTC update, price has been moving parabolically, so a healthy correction may occur, so be prepared for the worst-case scenario.

Stay tuned and follow for more instant updates.
#Bitcoin
Trade chiuso: obiettivo raggiunto
istantanea

BTC Update

Not much has changed.
As expected, it's trending within the support and resistance zone.
As mentioned in my previous update, we will likely see sideways movement for now.

It's a waiting game until we see a clear breakout or breakdown.
Follow me for instant updates!
#Bitcoin
Nota
istantanea
Bearish divergence detected on the #Bitcoin 6H chart!

Should we worry about this? 🤔
Nota
istantanea

BTC is in a classic correction and accumulation phase, which we’ve already seen three times in this cycle.

Each time? It led to a massive breakout.
#Bitcoin 150k+ INCOMING !!!
Nota
istantanea
#Bitcoin Now we are not going to stop!

Mark my words, #BTC will reach 150K before the end of JUNE 2024 !! 🚀
Nota
Sorry for the typos — it's 2025 😅

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