7et
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$Bitcoin (BTC.CC)$
MACD: death cross
STOCHRSI: Not yet oversold
50ema rejection
Fair Value Gap rejection![]()
Ascending channel break-down
What do you think?
MACD: death cross
STOCHRSI: Not yet oversold
50ema rejection
Fair Value Gap rejection
Ascending channel break-down
What do you think?
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$Ethereum (ETH.CC)$curr->2150->1950
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$Bitcoin (BTC.CC)$ The chart predicts that BTC will start to soar in February.
126,000 USD is the peak of the cycle, and we are now heading towards 40,000 USD.
Are you prepared for that scenario?
126,000 USD is the peak of the cycle, and we are now heading towards 40,000 USD.
Are you prepared for that scenario?
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$Bitcoin (BTC.CC)$ Fixed bottom, bullish outlook
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January 20th #Bitcoin Market Overview and Data:
The BTC movement so far has been within my expectations. The price has touched the bottom of the second range, with support at 90,500 approaching but not yet effectively tested for strength.
To reiterate my view, as long as the support at the bottom of the second range (90,500) holds, it means the price is still in an hourly uptrend, which I consider a deep pullback phase. If it breaks below effectively, the hourly bullish trend will break down and officially turn into a downtrend.
The correct support range is between 89,300 and 90,500, where both筹码支撑 (chip support) and technical support exist. If this range holds, the trend remains intact.
To test whether it breaks down or holds support, look at whether three consecutive 4-hour candles break below the support zone or return above it.
In my opinion, the previous one-sided price surge to test resistance near 98,000 clearly overextended the upward momentum. The second range, 89,300–94,800, needs a period of consolidation and rotation for healthy price action. At this point, if prices stabilize and rebound at the support level and maintain a period of sideways movement, it would be regarded as a healthy consolidation phase.
Remember, in November and December, I mentioned that a one-sided decline cannot crush all the defenses of bullish optimists. Instead, a short-term rapid rebound followed by continued decline represents the biggest blow to bullish confidence.
These days, I've seen more pessimistic views from people, indicating this could be a critical moment to crush bullish confidence. However, this is precisely when I want to remind everyone: when everyone is pessimistic...
The BTC movement so far has been within my expectations. The price has touched the bottom of the second range, with support at 90,500 approaching but not yet effectively tested for strength.
To reiterate my view, as long as the support at the bottom of the second range (90,500) holds, it means the price is still in an hourly uptrend, which I consider a deep pullback phase. If it breaks below effectively, the hourly bullish trend will break down and officially turn into a downtrend.
The correct support range is between 89,300 and 90,500, where both筹码支撑 (chip support) and technical support exist. If this range holds, the trend remains intact.
To test whether it breaks down or holds support, look at whether three consecutive 4-hour candles break below the support zone or return above it.
In my opinion, the previous one-sided price surge to test resistance near 98,000 clearly overextended the upward momentum. The second range, 89,300–94,800, needs a period of consolidation and rotation for healthy price action. At this point, if prices stabilize and rebound at the support level and maintain a period of sideways movement, it would be regarded as a healthy consolidation phase.
Remember, in November and December, I mentioned that a one-sided decline cannot crush all the defenses of bullish optimists. Instead, a short-term rapid rebound followed by continued decline represents the biggest blow to bullish confidence.
These days, I've seen more pessimistic views from people, indicating this could be a critical moment to crush bullish confidence. However, this is precisely when I want to remind everyone: when everyone is pessimistic...
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