#BTC/USDT Critical point. Emergency Update!
Updated
#BTC needs to break and close above the 100EMA on the daily chart. Keeping it straightforward: until this occurs, the price may target the liquidity below 60k. This is not an opinion, just what the charts indicate!
The rejection in altcoins is concerning.
While I'm not bearish, BTC is currently at a critical juncture. This is the right time for the bulls to step in!
This indicator has been highly effective in identifying local bottoms and tops.
Sooner or later, the market will rally for the final wave. Until that happens, be cautious with leverage and view these times as opportunistic for altcoins.
dyor, nfa
#Crypto
Do hit the like button and share your views in the comments section.
Thank you
#PEACE
The rejection in altcoins is concerning.
While I'm not bearish, BTC is currently at a critical juncture. This is the right time for the bulls to step in!
This indicator has been highly effective in identifying local bottoms and tops.
Sooner or later, the market will rally for the final wave. Until that happens, be cautious with leverage and view these times as opportunistic for altcoins.
dyor, nfa
#Crypto
Do hit the like button and share your views in the comments section.
Thank you
#PEACE
Trade active
I've been sharing 5 Altcoin charts for the last 5 days and will keep doing the same for the next 25 days! 150 Altcoin charts, Yes you read it right!Follow me and share these charts with your crypto bros!
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Comment
#Bitcoin faces rejection at the 100 EMA on both the 4-hour and daily charts.
However, support aligns with the current level, considering the falling wedge pattern.
The daily close will provide more clarity. Overall, the outlook remains positive.
#Crypto #BTCUSDT
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