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The latest Messages 49
2021-07-12 18:59:05
Update: BTC break the $34,000 area and dumped hard from there. BTC is now near the support zone of $32,800-$33,100 and need to hold above this support zone. If the support zone is broken then we will see more dump and a retest of $32,000 is possible. The market is manipulated by whales and hunting stop loss both sides.
7.5K viewsedited 15:59
2021-07-12 15:42:34
Selling pressure is increasing
8.0K viewsedited 12:42
2021-07-12 15:41:47
Bitcoin Dominance is rejecting two times from the 46% resistance and now Dominance is going down. The support area is around 45.1-45.4% and if broken we will see the retest of 43% levels. If BTC trade above $33,000 then we will see some bounce in altcoins.
7.7K viewsedited 12:41
2021-07-12 15:15:45
BTC must bounce from here. This ain't a good place for BTC. It's been a week now and we have been consistently viewing the BTC price between $33k to $34k.
We may see a bounce from this level but BTC still has a lot to deal with and we are not convinced with the weekly close as it was below $34k.
Let's see what brings next.
7.8K viewsedited 12:15
2021-07-12 15:14:33
8th week straight of $BTC closing above the 50 week EMA Volatility is definitely coming, so be ready for any outcome This weekly chart looks ugly and it’s hard to deny it, but I do really need thdat break of 31K for the bearish case
7.6K viewsedited 12:14
2021-07-12 01:22:20
Welcome BTC to $34k.
BTC did bounce back from the 50 D MA in hourly timeframe. It has broken the trendline but we still have a resistance at $35k. BTC has broken the $35k resistance before as well but failed miserably. This time things may change if it breaks above the $35k.
BTC must stay above the $34k level on weekly timeframe to stay bullish. The weekly close is few hours away. We'll see how it goes.
Until then stay safe and stay tuned.
7.4K viewsedited 22:22
2021-07-11 16:36:57
Whales supports
8.6K views13:36
2021-07-11 15:57:16
The market didn't really move over the past few hours and just like yesterday, I'm still closely observing that falling wedge. As BTC didn't quite manage to move all the way up to the upper trend line of that wedge, I think it might do so relatively soon …
1.7K views12:57
2021-07-11 15:57:08
The market didn't really move over the past few hours and just like yesterday, I'm still closely observing that falling wedge. As BTC didn't quite manage to move all the way up to the upper trend line of that wedge, I think it might do so relatively soon - or drop down to the lower trend line.
https://www.tradingview.com/x/0qoSsnvX/
1.8K views12:57
2021-07-11 15:55:44
$BTC user growth is doing the exact opposite of what it has following each major bull run peak
Without any euphoric spike that we've typically seen, net user growth just continues to grind higher
The bull market is not over
1.7K viewsedited 12:55
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