$BTC Lost $40k Support Level Today, Key Price Targets To MonitorCRYPTOCAP:BTC has traded sideways within a range with resistance at the white resistance zone (around $44k) and support in the green support zone around $40k. CRYPTOCAP:BTC has lost support at $40k and is at risk of a steep drop. Altcoins will get wrecked here too.
Price levels on the way down:
- The white trendline at $37.5k is the next key support level of interest.
- The orange support zone at $33.6k and $34.9k is my key support zone of interest.
Btctrading
BTC UPDATEHi Everyone!
BTC Update today
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰
The Bitcoin Dump becouse news 10,915 #BTC (474,057,767 USD) transferred from unknown wallet to #Coinbase
Open positions are currently very risky, but if you want buy, i suggest in the support area 41,700 and 40,800
Good Luck Guys!
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*DYOR
BTC Bitcoin Trade IdeaBitcoin (BTC) has experienced a recent period of sustained selling pressure, leading to a price decline that currently tests a key support level. Technical indicators suggest potentially overextended conditions, increasing the likelihood of a near-term retracement. Furthermore, potential strengthening of the US dollar could exacerbate downward pressure on BTC prices.
Bitcoin D1 SHORT signal issued by our indicator is still valid.Four days ago, when Bitcoin reached the ceiling of the ascending channel and our team's indicator confirmed the issued short signal, we warned you not to pay attention to the news about Bitcoin like Bitcoin ETF and enter the short position by relying only on technical analysis. This signal will be valid until the Kumo cloud ceiling is touched.
$BTC Analysis after Spot Bitcoin ETF Approval- The white resistance zone has been flipped into support
- There is very strong resistance in the red resistance zone ($46,270 to $48,264)
- The light blue trendline is my strongest resistance target around $49.1k
- There has been a brief pump up to the light blue trendline and a strong rejection down that resulted in a long wick back down
- Bitcoin is currently trying to flip the lower end of the red resistance zone into support at $46,270
$BTC Daily updateCRYPTOCAP:BTC #BTC $46,623 support in effect, $47,232 resistance holding. Previous 4h closed very good, current 1D looking good, if followed thru on previous daily close expect $47,786-$48,080 test,
Bitcoin ETF hype already pretty visible throughout the market, Jan 10 deadline approaching shortly.
Next key resistances $48,644, $49,734, $50,579, $51,630, $52,932.
BTCUSDT. Here's where we we're headed tooIf the market momemtum/sentiments and fluctuating prices of the crypto market is confusing you, technicals analysis is your best friend.
1) Monthly: No explanation needed. We're on a clear path to 60,653, after a couple of retest on the month + week support/resist zone.
2) Weekly: Similar story on the monthly, with 2 minor resistance levels to clear. Scalpers zone right now, milking short term volatile gains.
Good time to enter and hold TBH. #NFA #MyOwnOpinion
3) Day: Talking the month and weekl resistance zone, I forecasted an ascending triangle pattern for bullish momentum to continue, after completing its sideways trend
*The longer the consolidation, the stronger the pump.
My personal entries.
- Entered long on 41,363, when resist turned supoort.
- Buy limit on 46,700 (expecting retracements from 50,000 level
BitcoinMost Altcoins have been in the red since the weekend and the past 24 hours have been no different. Ethereum is currently down 2% and below $2,200. Binance Coin (-1.5%) has dropped below $240.
Even larger daily drops come from Ripple, Dogecoin, Polkadot, and Polygon. Solana has lost 5% on the day and is down to just under $70.
Cardano and Avalanche have dropped the most compared to larger-cap Altcoins. ADA is down 6%, while AVAX is down 9% and trading below $40.
The cumulative market capitalization of all crypto assets has fallen by $50 billion since yesterday's peak of $1.6 trillion and dropped to $1,550 on CMC.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Testing $43,145 resistance at the top of the triangle, Amazing reversal followed by bullish pin bar 4h close at the bottom testing $40,583 support. Bullish engulfing on last 1D close, current daily moving for follow up. RSI on 4H and 1D looking good, Watch given S/R
FDIG shaping up nicelyAnything tied to crypto is all looking bullish. This ETF from Fidelity Is coming around very nicely. Nice curve with consolidation on support. With Bitcoin sliding its way up Im i would expect theses to follow Im looking for a target around 25 for the short term. Im not all the way sold on a bullish BTC yet but these etfs are a nice way to benefit from btc and cryto rallies






















