btcweeklyupdate
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👀 Analysis $BTC on the weekly timeframe! What do the candles say?
Do you remember Monday, March 23? (👉link) After a quick rise, few believed in the decline. And it happened as I said - a reversal from 72,000 and a drop to 66,000. We received another bearish candle on the 1W TF.
What to expect from $BTC in the future? 🤔
The reversal from 74,500 sent Bitcoin on a long journey to the next strong supports - to the weekly MA200 and 55,000. One could even talk about a certain sideways movement between 74,500 and 55,000.
I also plan to continue shorting this drop from the overbought condition on the 4-hour timeframe!
#BTCWeeklyUpdate
Do you remember Monday, March 23? (👉link) After a quick rise, few believed in the decline. And it happened as I said - a reversal from 72,000 and a drop to 66,000. We received another bearish candle on the 1W TF.
What to expect from $BTC in the future? 🤔
The reversal from 74,500 sent Bitcoin on a long journey to the next strong supports - to the weekly MA200 and 55,000. One could even talk about a certain sideways movement between 74,500 and 55,000.
I also plan to continue shorting this drop from the overbought condition on the 4-hour timeframe!
#BTCWeeklyUpdate
Mia - Square VN:
Interesting analysis of the current bitcoin weekly price action trends.
👀 Do you still believe in the growth of BTC?
The price turned from 74,500 and the weekly candle closed bearish. And remember how well last week started? On March 17, Tuesday, we set a record - 34 comments on the post in Telegram. I was asked about obsession, where liquidation is, etc. And look how it turned out! 😉
The post from March 15 should have been done today! It contains the right thoughts, I recommend re-reading it! (👉 link)
I will repeat the question, do you still believe in the growth $BTC ?
#BTCWeeklyUpdate
The price turned from 74,500 and the weekly candle closed bearish. And remember how well last week started? On March 17, Tuesday, we set a record - 34 comments on the post in Telegram. I was asked about obsession, where liquidation is, etc. And look how it turned out! 😉
The post from March 15 should have been done today! It contains the right thoughts, I recommend re-reading it! (👉 link)
I will repeat the question, do you still believe in the growth $BTC ?
#BTCWeeklyUpdate
San dor:
я правильно понял,ждем 74500? спасибо✌️
👀 Analysis $BTC on the weekly timeframe
📉 The decline will continue - this is the main thought!
The price has not reached strong reversal supports, which are the level 55,000 and weekly MA200-MA250. According to my strategy, there are currently no reasons to buy BTC for the long term. Therefore, I am in USDT and continue to trade from shorts based on the swing trading strategy on the 4h TF.
What is your strategy? Do you like swing trading? Share your thoughts in the comments!
#BTCanalytics #BTCWeeklyUpdate
📉 The decline will continue - this is the main thought!
The price has not reached strong reversal supports, which are the level 55,000 and weekly MA200-MA250. According to my strategy, there are currently no reasons to buy BTC for the long term. Therefore, I am in USDT and continue to trade from shorts based on the swing trading strategy on the 4h TF.
What is your strategy? Do you like swing trading? Share your thoughts in the comments!
#BTCanalytics #BTCWeeklyUpdate
BTC WEEKLY STOCHASTIC RSI HAS CROSSED UP, CONFIRMING A STRONG BULLISH SIGNAL
$BTC
EVERY TIME THIS SIGNAL CAME IN THE PAST, BTC WAS OVERSOLD AND THEN PUMPED UP.
#BTCanalysis #BTCWEEKLYUPDATE #BullishPatterns
$BTC
EVERY TIME THIS SIGNAL CAME IN THE PAST, BTC WAS OVERSOLD AND THEN PUMPED UP.
#BTCanalysis #BTCWEEKLYUPDATE #BullishPatterns
🔥Bitcoin Weekly Analysis 📊
Bitcoin Weekly Analysis
On the weekly chart, the 20W MA has dropped below the 50W MA. This same crossover occurred in 2022, right before Bitcoin entered a deeper correction phase.
After that signal in the last cycle, BTC printed 9 straight red weekly candles.
In this cycle so far, Bitcoin has never printed more than 4 in a row, making this moment critical.
If this week also closes red, it would confirm continued structural weakness. Price has already lost the $75K weekly support, opening the door to the $60K zone near long-term support.
From here the structure remains clear:
• Reclaim $75K means early strength returns
• Break $80K for move towards $100k
• Stay below key weekly MAs means downside risk remains
#BTC走势分析 #BTCWEEKLYUPDATE
$BTC
🚀🚀 FOLLOW " AFR TRADER'S "💰💰
Appreciate the work. 😍 Thank You. 👍 FOLLOW " AFR TRADER'S "🚀 TO FIND OUT MORE $$$ 🤩 AFR TRADER'S 💰🤩
🚀🚀 PLEASE 🥺 CLICK FOLLOW " AFR TRADER'S " Thank You "😙🫶
On the weekly chart, the 20W MA has dropped below the 50W MA. This same crossover occurred in 2022, right before Bitcoin entered a deeper correction phase.
After that signal in the last cycle, BTC printed 9 straight red weekly candles.
In this cycle so far, Bitcoin has never printed more than 4 in a row, making this moment critical.
If this week also closes red, it would confirm continued structural weakness. Price has already lost the $75K weekly support, opening the door to the $60K zone near long-term support.
From here the structure remains clear:
• Reclaim $75K means early strength returns
• Break $80K for move towards $100k
• Stay below key weekly MAs means downside risk remains
#BTC走势分析 #BTCWEEKLYUPDATE
$BTC
🚀🚀 FOLLOW " AFR TRADER'S "💰💰
Appreciate the work. 😍 Thank You. 👍 FOLLOW " AFR TRADER'S "🚀 TO FIND OUT MORE $$$ 🤩 AFR TRADER'S 💰🤩
🚀🚀 PLEASE 🥺 CLICK FOLLOW " AFR TRADER'S " Thank You "😙🫶
👀 Analysis of $BTC on 1W TF. What is happening and what to expect next?
From a technical analysis perspective, this rise can be considered as a retest of the broken support at 73.000-74.500.
When such a retest is unsuccessful, the broken support turns into resistance and the price continues to fall.
If the weekly candle had closed above this zone of 73.000-74.500, then we could talk about a trend reversal. For traders, this would be a buy signal.
📉 In this situation, I believe that the retest was unsuccessful, the price could not break above the resistance, and the fall of Bitcoin will continue!
#BTCWeeklyUpdate
From a technical analysis perspective, this rise can be considered as a retest of the broken support at 73.000-74.500.
When such a retest is unsuccessful, the broken support turns into resistance and the price continues to fall.
If the weekly candle had closed above this zone of 73.000-74.500, then we could talk about a trend reversal. For traders, this would be a buy signal.
📉 In this situation, I believe that the retest was unsuccessful, the price could not break above the resistance, and the fall of Bitcoin will continue!
#BTCWeeklyUpdate
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