BTC UPDATE
BTC is trading at $61,500, nearing a critical support level at $60,000. We have a rising trendline, the 200 EMA, and the lower trendline of this expanding triangle also acting as support.
After 7 consecutive days of outflows in Bitcoin ETFs, yesterday saw $31 million in inflows, which is positive for bulls.
In the long term, I am bullish on BTC. We may see some short-term corrections in price, potentially down to $54,000 in the worst case, but that will be the best time to buy BTC.
The funding rate is negative at -0.11%, which is a positive sign for bulls.
Stay tuned for more updates.
BTC 
BTCUSDT BTCUSD
BTC is trading at $61,500, nearing a critical support level at $60,000. We have a rising trendline, the 200 EMA, and the lower trendline of this expanding triangle also acting as support.
After 7 consecutive days of outflows in Bitcoin ETFs, yesterday saw $31 million in inflows, which is positive for bulls.
In the long term, I am bullish on BTC. We may see some short-term corrections in price, potentially down to $54,000 in the worst case, but that will be the best time to buy BTC.
The funding rate is negative at -0.11%, which is a positive sign for bulls.
Stay tuned for more updates.
BTC BTCUSDT BTCUSD Note
📊 Bitcoin is finding strong support between $60K-$61K, as seen previously. Significant buying interest around this level led to a bounce last month.
To reclaim ATHs, we must break key resistances at $63K–
64K, 
67K–$68K, and ATH. Watch for bullish reversal signals above these levels.
#Crypto #BitcoinHalving
BTCUSDT BTCUSD BTCNote
If #Bitcoin crosses this 65k level, then that will liquidate $900 million worth of short-position liquidation.Note
In the 1-hour timeframe, the Bitcoin breakout from the symmetrical triangle looks like it's ready to go long! 🚀Note
🚀 Bitcoin Analysis 🚀The monthly chart shows a significant breakout and retest of the previous all-time highs! 📈
Current Price: $62,623.94
Potential upside targets in the channel: $190,000📊
Historical trend suggests strong upward momentum following retests. Are we gearing up for another major rally? 🌕
#Bitcoin #Crypto
Note
🚨 BTC Update 🚨
BTC has experienced a drop and is currently holding steady above the $57,900–$56,500 support zone.
🔍 The daily candle closing is crucial here, so keep an eye on it.
BTC needs to hold this support to move forward. If BTC closes a daily candle below the $56,500 support, it will be a warning sign for us.
Stay tuned and monitor the daily candle close!
#Bitcoin #Crypto
Note
🚨 #Bitcoin Alert 🚨
Bitcoin has broken a crucial support level of around $56,500, now heading towards $54,400. 📉 A further drop might be imminent if it doesn't reclaim this support soon.
BTC needs to hold this important support level to avoid more downside pressure.
Stay cautious! 🚨
#Crypto
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Register on WEEX and Blofin and trade with me: 👇
support.weex.com/en/register?vipCode=bamn
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
support.weex.com/en/register?vipCode=bamn
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
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.