Currently below

#BTC would have to close above $61.4k to prevent this

#BTC Daily now closing in on support

A real test underway currently:

In bull markets, support ranges are expected to hold as support if they get retested again.

That's what #Bitcoin is trying to do now, shown using 1hr candles.

If buyers can't defend this range, we'll move further into a defensive market environment.

$BTC 1D

People getting bearish at support with some of the lowest volume we've had in this range.

Potential Double bottom also forming with bull divergences on the 1D and 1W RSI.

Let's see what happens when we close!

#bitcoin #cryptocurrency #cryptonews

#BTC Monthly close incoming:

Anyone going to #Consensus2024 in Austin in May?

If so I will be there 👍

#BTC

Odds favor a continuation so approach it like that on every consolidation

#Bitcoin

Consolidation in an uptrend favors a continuation

Yes it will end at some point but I have been saying this since the uptrend was identified; odds favor a continuation so approach it like that on every consolidation

All the resident #BTC perma-bears popped on my timeline today after a month or so of hibernation this morning

Same accounts, same people who have been calling for downside since $15k; always tend to come out when they think the next crash is finally here

#Bitcoin Monthly closes tommorow

First red candle since August

Currently set to close above the 2021 candle body highs for the second month in a row:

Total 3 ( #ALTS )

When everyone was in fear back in January/February all the losses were erased in a two week span; no one ever remembers it now

Its giving the same playbook again; most will wait until after the losses are erased to see it

Higher Highs & Higher Lows = Uptrend

#Bitcoin Monthly closes tommorow

First red candle since August

Currently set to close above the 2021 candle body highs for the second month in a row:

Trend Identification + Identifying Support/Resistance is more valuable than indicators

Patreon update out (see link in X bio for more)

Whole #Crypto X feed is: Bearish

#Bitcoin

Consolidation in an uptrend favors a continuation

Yes it will end at some point but I have been saying this since the uptrend was identified; odds favor a continuation so approach it like that on every consolidation

#Bitcoin Weekly RSI nearly made the lower low!!!

#BTC Weekly RSI is getting interesting heading into the close

Can we get the lower low?