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.
What happens when Bitcoin moves forward after so much recovery? Everything experiences a positive cycle. This is a very strong signal.
This chart allows for more whipsaw as you know nothing else is possible in a trading range. We predict the pattern to resolve bullish, but there can be swings to either side. A swing down just as it happened 25-July. A swing up just as it happened 14-July. This is always possible but the end result won't change. Bitcoin will continue sideways but when the sideways period is over, you will not see a move toward $110,000 or $100,000. The break of the trading range will confirm the advance toward $135,000 next month. Bitcoin is likely to continue in the same mode. While Bitcoin consolidates the new advance, the altcoins grow. In this way the entire market continues to recover and grow month after month after month.
Name Your Altcoin
Leave a comment with your favorite altcoin trading pair and I will do an analysis for you. I will reply in the comments section. Make sure to include any questions you might have beforehand.
If you see a comment with a pair you like, boost and reply so these can be done first.
Thanks a lot for your continued support.
Namaste.
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.
What happens when Bitcoin moves forward after so much recovery? Everything experiences a positive cycle. This is a very strong signal.
This chart allows for more whipsaw as you know nothing else is possible in a trading range. We predict the pattern to resolve bullish, but there can be swings to either side. A swing down just as it happened 25-July. A swing up just as it happened 14-July. This is always possible but the end result won't change. Bitcoin will continue sideways but when the sideways period is over, you will not see a move toward $110,000 or $100,000. The break of the trading range will confirm the advance toward $135,000 next month. Bitcoin is likely to continue in the same mode. While Bitcoin consolidates the new advance, the altcoins grow. In this way the entire market continues to recover and grow month after month after month.
Name Your Altcoin
Leave a comment with your favorite altcoin trading pair and I will do an analysis for you. I will reply in the comments section. Make sure to include any questions you might have beforehand.
If you see a comment with a pair you like, boost and reply so these can be done first.
Thanks a lot for your continued support.
Namaste.
Trade active
Looking at many of the altcoins it seems that bullish action will resume tomorrow, or we can say within 1-3 days to be safe.Bitcoin Dominance is starting to face resistance and many projects are more than ready to grow.
You can leave a comment with your altcoin pair, I will look at the chart for you.
Namaste.
Note
We are now already in 2025 bull market season. We are already rolling with growing prices. You are witnessing a minor stop, a small pause in a rising trend. Get used to it and get used to waiting because the best is yet to come. Those that can hold till the end or very close will reap the most rewards.Everything will be green within days. Bullish momentum will only grow.
Namaste.
Trade closed: target reached
I will be looking at all of your altcoins in the comment so keep on sharing them. Crypto is going up.Bitcoin is bullish confirmed based on recent price action. We had another shakeout and everything was bought within minutes. Bitcoin cannot go below 117K. This is bullish as all bearish pressure is being consumed easily and fast. This supports also a bullish wave across the altcoins, notice how everything continues to consolidate. Strong bullish action will be true this same week. Starting now.
Namaste.
🚨 TOP FREE Trades
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 TOP FREE Trades
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.