The current consolidation period suggests a strong bear market top, with resistance levels holding and technical indicators pointing to continued bearishness.
Selling pressure outweighs buying interest and volume is declining, indicating that bears have full control of the market at this level.
As a result, it seems likely that Bitcoin will continue to trend...
There are several events that are challenging the dominance of the US dollar in the global economy. These events include:
Saudi Arabia and China agreed to build a refinery using the Chinese Yuan instead of the US dollar, which could reduce demand for the US dollar in the global market.
China and France completed the first LNG trade using the Chinese Yuan,...
Bitcoin is currently trading at $28,300, which I believe is the top of the bear market rather than the beginning of a bull market. I think Bitcoin could potentially reach $28.7k, and with a fake pump, even $29.3k is possible, but we won't have confirmation until Monday. My current setup isn't giving me a buy signal because the market always undergoes a retest,...
This week Might be the Final week of the bear market 📉.BTC may consolidate at 14k. As I already said altcoins will dump badly and you all will hear BTC and crypto gonna die but it will never happen.
As BTC touches its bottom I inform you All.
That will guys it’s not a bottom. So keep your portfolio in USDT.
In the coming days, you may hear that BTC or Crypto is...
Hello guy’s hope you all will be fine.
Today we will try to find the next move of btc. There is possibility of both loss and profit so i never give you financial advice. But i try my best to inform you the possibilities of next moves in both side
As we all know btc is trading previous week between 19500 and 20k.
There is A trend line on lower side which retested...
BTC trading between 18k-20k from few weeks.
Now its making a clear BEARISH triangle that everyone expect.But if BTC brak 20700 which is upper trend line of a triangle than we can move to 23k-25k area.
and if we break 18100 than a 16k-15k area is waiting for us.
ALL Altcoin are looking pretty.An alcoin 30% rally may come to this week or coiming week.
Thank you,
BTC/USD NOW,trading between 19k to 21k area.
Lot 0f people talking about 12k area.I also think it will touch 14k-12k area to complete its cycle according to previous history.
But now it could hit 28k to go back 14k-12k area.
We will see a good bounce back from this are(14k-12k).
after this bounce back we will see new ATH which would be 80k+.
During this bounce...
Xau/usd.
Firstly we are going toward 1833.
If it break trend line at 1833 we will go toward previous big support 1760-1770 area.
if this support cant hold,then we may see 1730-1720 area after a long time.
I personally think that we will bounce back from 1780-1760 area.
Gold currently following a same trend line on both side.
But there is a possibility to see...
As we know that DXY is dropping down to its support levl 102.446.In same way gold XAU is going up.
We could see xau at 1876 wich is area of high sell.We may go in swing trade at level of 1875-1879 area with stop loss 1892.
In case XAU break 1892 than we can see it 1909-1915 area.It's another opppertunity for swing trade.
Thank you ,
NFA
BTC/USD,,,,
WELCOME BTC TO 23-19K.
Main support 29300usd
Rsistance 30700 where btc retested several time.
We should see weekly closing.
IF close below support than we welcome it to 23200/19800 area.
If closed above then we may see 33k.BAsicaly 33k is a key point for Bear market.BUt I will be Bearish till market doesn't close above 38k.
Thank You, [
