This idea is inspired by the growing number of limit sells occurring near the global ath. The last time there was such an order block region was back when we were at 40k after the drop from 52k, potentially suggesting an incoming correction.
-No momentum div. uptrend likely to continue
-Large limit sells near 64k
-Hitting resistance at 61k from 1.618...
BTC reaches for the All-Time High, people that got scared out of the market are back in the game to buy the top (once again)
And of course, the Media will push Bitcoin and lots of new buyers (the barber from the corner and your neighbour tell you about it)
And we all know:
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
And after that, the altcoin...
At this 4H update, we are looking at the previous trendline that broke and it seems that it was just a fake breakout and hitting stop loss of bears that were looking for a price like 60000$ to sell.
But we should also consider that BTC is really bullish and also it can look for new ATH here if the price retest this broken trendline and start to pump hard like a...
BTC is moving forward defying more odds. As she continues to make apparent support above 59K, FOMO will start to set in. With this in mind, as well as, the EFT's coming, it should spark a wild fire. The instant price action may catch most off guard due to instant volume influx.
NKN is an undervalued Web 3.0 platform with only 266 Million Market cap. Currently tested the support and trading in the confluence area.If the next minor resistance broken then we will see a massive pump towards or beyond the major resistance. This project has so much potential so we can expect a new ATH before end of this year.
This is not financial advise...
Welcome to this another important update on BTC price in 8 hours timeframe.
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The daily chart shows a measured moved up to 80.8K. I see this pattern capable of withstanding itself and completing. With knowledge of the news in the air as well as being able to pass many technically sound resistances, BTC has the need steam and MArket Cap to Pursue a New ATH.
Wyckoff distribution being played candle by candle.
It's like sorcery, the price action is following Wyckoff distribution.
So BTC may hit a 20-30k as lowest low being 64k a top in the MID term. BTC may do another final top as high as 144k by November 2021; repeating somehow 2013 cycle.
On the other hand this cycle may be prolonged to as far as mid 2022 extending...
ATOMUSDT (1H CHART) Technical Analysis Update
New All Time High
ATOM/USDT currently trading at $37.50
Buy-level: $34.00 - $38.00
Target 1: $50.00
Target 2: $75.00
Target 3: $100.00
Max Leverage: 1x or Buy it on spot market
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Bitcoin has overcome the resistance zone and now has a clear path to a strong psychological limit of $ 60,000 .
If it crosses this limit, we are only a small step away from ATH.
Ladies and gentlemen, at the moment we have a new history of the Bitcoin award.
Please fasten your seatbelts, the ride can begin!