When #Bitcoin's weekly RSI goes this low, it's time to pay attention. Historically, it meant that we were either forming a bottom, or about to drop much lower. š«£
The long-term uptrend remains intact. Lots of work to do to make a new high from here, but #Bitcoin has survived rough patches plenty of times before. Onwards & upwards.
Looks like $FLOKI is forming a bottom after taking out the previous lows. Head & Shoulders-like structure on the lower timeframes, looks ready to start recovering some lost ground as soon as BTC clears $93,000.
Good morning - #Bitcoin is back above the monthly open again! $91-93k resistance lies just above. With the higher lows from the past 2 weeks, it feels like a matter of time until we push through. Get that done, and $100k is the next area of interest.
On the lower timeframes, $ETH looks very eager to push higher. Once BTC clears $93,000 - this one should probably outperform for a while. /BTC pairing looks ready too.
Mind you, FOMC tomorrow - I would not expect too much from the market until Powell has his say. Unfortunately, this is the market we're trading these days.
#Bitcoin is forming a long-term higher low. Trend remains intact, and new highs should be next if the trend continues. Couple of hurdles to clear first, though.
#Bitcoin is bouncing after the deepest correction of this cycle so far. Down 36% from the highs, and it's not even close to the deepest correction in recent history. We've survived much worse.
#Bitcoin keeps making higher lows, pushing into $91-93k over and over again. If it flips, I'll be looking for a quick move towards $100k - quite some untapped liquidity to take out on the way up. Trading on GRVT - earn 10% interest on your collateral:
šØ 87% chance of another rate cut this Wednesday! The previous two rate cuts triggered sizable sell-offs for #Bitcoin - will this time be different? šš¤š¼
#Bitcoin is making higher lows and higher highs again - and now pushes back above the key resistance as well. The trend is turning back around. Next objective: $100k.
$ETH in a rather interesting spot here. Faked out from the massive megaphone, but held key support to form a major higher low. Break out at $4,000 again and I doubt it stops running anytime soon.
Good morning, new week is here! #Bitcoin is back above the monthly open once more, after forming a new higher low over the weekend. Reclaim the $91-93k resistance area here too and things look great for a push towards $100k this week. š