BTC VERY LONG.... We needed that quick and steady HODL64k to 67k range held. WE will see the 80k area likely by end of next week.
Without that retest we wouldn't have the security of being able to bounce at a 58k low to continue a trade season in case of a dump.
Smooth riding this April. Please your bet on your fave forgotten alt. Eyes on GRT, ANKR, and REN.
Follow, Boost, and Comment for more Signals.
Best buy levels 69k to 71k range. Swing Trade so careful.
Ask questions, I respond.
-Jasdabunny91
Btctrend
$BTC Daily UpdateCRYPTOCAP:BTC #BTC nice getting back above $66,323, currently testing resistance at $68,546 required to reattempt at $71,379. previous 4h close failed to follow up to bullish pin bar, $66,961 could be tested if followed thru on previous 4h bearish close. RSI on 1D looks good, just needs a bit of a push to breakout, so close! Watch given S/R
Unraveling the Enigma of Bitcoin: A Journey into Digital GoldIn the realm of digital finance, Bitcoin stands as an enigmatic force, captivating minds and reshaping economies. Its genesis marked a revolutionary departure from traditional currency systems, heralding the dawn of decentralization. As the world grapples with economic uncertainties, Bitcoin emerges as a beacon of financial sovereignty, transcending borders and intermediaries.
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Currently, BTC shows signs of bullish momentum, with buyers dominating the market. Through careful pattern analysis, a symmetrical triangle formation has been observed, suggesting the potential for a bullish continuation. The projected target from this pattern is set at 76000.
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BTC Bitcoin Technical Analysis and Trade IdeaBitcoin has exhibited a bullish trend, prompting us to seek a potential buy opportunity. Presently, it has retraced to approximately 50% of the previous price swing on a 4-hour time frame. In our video analysis, we delve into trend dynamics, price action, and market structure, emphasizing key aspects of technical analysis. It is essential to note that this trade idea represents my personal opinion and should not be construed as financial advice.
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A Financial Expert's Insight into BitcoinIn the ever-evolving landscape of financial instruments, one entity has captured the imagination of investors and technologists alike – Bitcoin. As a financial expert, navigating the labyrinthine realm of cryptocurrencies unveils a tapestry of innovation, disruption, and transformative potential.
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Despite its meteoric rise, Bitcoin remains susceptible to bouts of extreme volatility, a hallmark of nascent asset classes. While detractors decry its price gyrations as evidence of speculative excess, proponents view volatility as a natural byproduct of price discovery in an emergent market. Moreover, the maturation of derivatives markets and the proliferation of regulated exchanges offer investors avenues to mitigate risk and navigate the nuances of Bitcoin investment.
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$BTC Daily UpdateCRYPTOCAP:BTC #BTC second attempt at $71,379 followed by bullish engulfing on 4h from yesterday as expected! Hanging above $69,813 support, moving sideways with very weak volume. Put bullish engulfing on last daily close, needs volume to follow thru, Which could result in a test of $73,523 previous highest resistance - first and last tested on March 13-14. Support area $69,813-$68,546 to watch as RSI support test likely. Watch given S/R.
BTC Analysis: Impulse Moves and Bullish PotentialImpulse moves are evident once again in the BTC market, with buyers currently dominating. Through pattern analysis, a symmetrical triangle formation has been identified, indicating the potential for bullish continuation. The projected target of the pattern is set at 76000.
For current support, levels are identified at 69000 - 68500, serving as a buying zone. It's recommended to implement cut-loss strategies if prices break below 66700.
Bitcoin: Revolutionizing Finance in the Digital AgeBitcoin, often hailed as digital gold, continues to redefine the landscape of finance, ushering in an era of decentralization, innovation, and financial sovereignty. Since its inception in 2009, Bitcoin has captivated the imagination of individuals and institutions worldwide, challenging traditional notions of money and value.
At its core, Bitcoin operates on a decentralized network of computers, utilizing blockchain technology to record and verify transactions without the need for intermediaries. This peer-to-peer system ensures transparency, security, and censorship resistance, empowering users to transact freely and securely across borders.
Bitcoin's finite supply of 21 million coins, coupled with its decentralized issuance mechanism, imbues it with scarcity and deflationary properties akin to precious metals like gold. This scarcity model, combined with growing adoption and acceptance, has fueled Bitcoin's meteoric rise in value, making it an attractive store of value and hedge against inflation.
Moreover, Bitcoin's ethos of financial sovereignty and individual empowerment resonates with a growing movement advocating for privacy, autonomy, and transparency in finance. Its censorship-resistant nature makes it immune to government intervention and control, offering a hedge against political instability and authoritarian regimes.
Despite its disruptive potential, Bitcoin faces challenges ranging from scalability issues to regulatory scrutiny and technological limitations. Yet, each obstacle presents an opportunity for innovation and growth, as the Bitcoin community collaborates to address these challenges and propel the cryptocurrency into the mainstream.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC On $68,548 support followed by bearish engulfing on 4h, Support held good. $69,813 testing as of now. Previous 1D closed bearish, support could be tested further, $71,379 resisted last climb. RSI is looking good on 4h, if maintained the pace it could reattempt the $72,162 resistance. Possible Bullish engulfing forming on 4h - almost 2h to close yet. $66,961 next key support from here, Watch given S/R areas.