In the past 24 hours , 1,60,962 traders were liquidated , the total liquidations comes in at $536.55 million.
The largest single liquidation order happened on Binance - #BTCUSDT value $10.02M
The largest single liquidation order happened on Binance - #BTCUSDT value $10.02M
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After so many attempts of breaking ATHs and getting severely rejected above 70K, #BITCOIN🪙 seems exhausted, blackrock and other ETFs pumping and dumping larger volume than ever.
Bitcoin is crashing very dramatically and is leaving no room for doubt. The week starts red right away.
#BTCUSDT is still moving sideways in a consolidation zone around the 72,000 - 65,900 area on the 4-hour chart. A short-term correction continues to form. The price broke the 69,200 support level .
Overall, the market will move in a range at this time, and the range correction will continue to develop. Trading will be carried out between levels. According to the current market structure and the price behavior after the clear breakout on the long-term chart, we are more likely to capture the market correction as long as the price remains below the $72,000 resistance level.
The market will soon experience huge fluctuations.
Bitcoin is crashing very dramatically and is leaving no room for doubt. The week starts red right away.
#BTCUSDT is still moving sideways in a consolidation zone around the 72,000 - 65,900 area on the 4-hour chart. A short-term correction continues to form. The price broke the 69,200 support level .
Overall, the market will move in a range at this time, and the range correction will continue to develop. Trading will be carried out between levels. According to the current market structure and the price behavior after the clear breakout on the long-term chart, we are more likely to capture the market correction as long as the price remains below the $72,000 resistance level.
The market will soon experience huge fluctuations.
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Let's take an overview of #Bitcoin🪙 momentums in the last two weeks:
#BTC has recently moved in a downward channel. After reaching the resistance level of $72,000, it started to decline and reached the support level of $66,000.
The price was traded near this level for a while and then returned to $70,000. Then, it fell to the support line of the channel and broke the $66,000 level.
#BTCUSDT After that, it grew to this level again and moved in those areas for a while. after reaching the resistance of the channel, it continued to decrease, and now the price is moving in the middle of the channel . It is possible for the price to return to channel resistance and then decrease to the area of $61,500.
#BTC has recently moved in a downward channel. After reaching the resistance level of $72,000, it started to decline and reached the support level of $66,000.
The price was traded near this level for a while and then returned to $70,000. Then, it fell to the support line of the channel and broke the $66,000 level.
#BTCUSDT After that, it grew to this level again and moved in those areas for a while. after reaching the resistance of the channel, it continued to decrease, and now the price is moving in the middle of the channel . It is possible for the price to return to channel resistance and then decrease to the area of $61,500.
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#BTCUSDT 🪙 Bitcoin has broken out of a bearish wedge, indicating a potential upside move. The price has also been removed from its ascending channel and has broken its ascending channel.
Possible scenario: pullback before the rally
The first support zone is: 60432.9 to 61463.8
A withdrawal of up to $58,000 is possible. This could act as a base of support, after which a reversal may take the price back towards the $75,000 target.
The second support zone is: 57002.5 to 57850.0
The scenario is bullish, with the main difference being that Bitcoin is rising after a corrective dip.
Possible scenario: pullback before the rally
The first support zone is: 60432.9 to 61463.8
A withdrawal of up to $58,000 is possible. This could act as a base of support, after which a reversal may take the price back towards the $75,000 target.
The second support zone is: 57002.5 to 57850.0
The scenario is bullish, with the main difference being that Bitcoin is rising after a corrective dip.
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Technical CRYPTO Analyst
#BTCUSDT 🪙 Bitcoin has broken out of a bearish wedge, indicating a potential upside move. The price has also been removed from its ascending channel and has broken its ascending channel. Possible scenario: pullback before the rally The first support zone…
#BTCUSDT As we posted in the previous analysis on the channel, we considered the strong rise of Bitcoin and this analysis of ours is approaching its first target and we expect it to touch the target of 89435.9 soon.
We will soon publish a complete and new analysis of Bitcoin.
We will soon publish a complete and new analysis of Bitcoin.
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#BTCUSDT Bitcoin is in an ascending channel, which is located near the ceiling of this channel, which can be considered a resistance, and it is expected that after reaching the ceiling of the channel, we will see a correction and the price will fall, and this correction can be up to the midline of the channel.
Residence range: 100951.1 - 105771.3
Corrective range: 73881.4 - 77409.1
Residence range: 100951.1 - 105771.3
Corrective range: 73881.4 - 77409.1
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#BTCUSDT Bitcoin seems to be forming a bullish continuation pattern and is approaching its support trendline. If the price is supported, we can expect price growth.
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Technical CRYPTO Analyst
#BTCUSDT Bitcoin seems to be forming a bullish continuation pattern and is approaching its support trendline. If the price is supported, we can expect price growth.
#BTCUSDT UPDATE
As we posted in the previous analysis and expected, Bitcoin moved upward and reached the first target of our analysis, and we can make your trade risk-free if you have done so and wait for the higher targets of our analysis.
As we posted in the previous analysis and expected, Bitcoin moved upward and reached the first target of our analysis, and we can make your trade risk-free if you have done so and wait for the higher targets of our analysis.
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#BTCUSDT If the trendline 2 resistance is broken, Bitcoin will reach $48,000. And it means the end of Bitcoin's upward trend, $110,000 is the highest price ceiling of Bitcoin. As is clear from the chart, Bitcoin's upward trend has the AB=CD pattern and the loss of the first price support line, and the price is in the hands of the bears with strong power. This is the beginning of the downward trend and the price will attract support line 2 and move towards it.
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#BTCUSDT Now that Bitcoin is returning to the cup-and-handle support, one can expect a strong pump up to 130k . it might happen.
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Technical CRYPTO Analyst
#BTC Ready For The Resistance R2 Test.
#BTCUSDT UPDATE As expected, the price managed to break the R2 resistance and is moving towards the 2 support. It seems that the price is ready for bearish situations.
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#BTCUSDT Bitcoin is presenting us with a very clear and strong bullish bias. The action is happening within a very tight falling wedge pattern. All market conditions are bullish, technical and fundamentals. Everything is pointing up starting several days ago. 7-April Bitcoin produced its 2025 market bottom low. From this date on, we will see growth until late 2025 or maybe until early 2026 or beyond.
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#BTCUSDT Bitcoin is in a bullish position. As you can see in the chart, the price has managed to bounce back nicely after hitting the support area. We expect the price to at least reach the ceiling of the pattern and even reach $150,000.
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#BTCUSDT UPDATE We previously published this analysis, as you can see, the price is moving towards our target range. We expect the price to touch $150,000 if the trendline resistance is broken.
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#BTCUSDT Bitcoin has broken the trendline and the price is expected to enter a downtrend. The target of this downtrend could be $90,000.
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#BTCUSDT Bitcoin is in an uptrend on the one-hour timeframe. If the trendline breaks, we can prepare for the ceiling target of this uptrend.
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#BTCUSDT Bitcoin is now trading below its 20-Jan 2025 peak price. And it is also producing a lower high. Both bearish signals that are pointing to a lower low.
If the first drop settled around 100K, the second one should settle in the low 90K or right below 90K. It can go lower of course but we go step by step. I am not saying GO SHORT 20X again. This would only be possible for people who are smart, experienced traders and those that can take advantage of a changing situation without breaking their portfolio or long-term plans. Those can definitely SHORT this setup and profit short-term.
If the first drop settled around 100K, the second one should settle in the low 90K or right below 90K. It can go lower of course but we go step by step. I am not saying GO SHORT 20X again. This would only be possible for people who are smart, experienced traders and those that can take advantage of a changing situation without breaking their portfolio or long-term plans. Those can definitely SHORT this setup and profit short-term.
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#BTCUSDT Bitcoin is sideways right now and is moving in a very tight and narrow range. All the action has been happening between $117,000 and $120,000 based on candle close since 11-July. This is bullish, think about it.
Bitcoin hits a new all-time high and next thing you know it turns sideways very close to resistance. The only drop was short-lived and everything sold was quickly bought. Why is Bitcoin consolidating so close to resistance? It is preparing to move ahead.
Bitcoin hits a new all-time high and next thing you know it turns sideways very close to resistance. The only drop was short-lived and everything sold was quickly bought. Why is Bitcoin consolidating so close to resistance? It is preparing to move ahead.
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#BTCUSDT Bitcoin is reaching an important range after recent gains. The price is approaching important Fibonacci levels of 0.5 and 0.618. We expect the price to continue to grow if it reacts well to this range.
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#BTCUSDT The price has bounced back from the range we had identified and is currently above the 200-day EMA. If the price closes below the EMA, we can predict a bearish trend for the market that could correct the price to the 104,000 range.
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