Bitcoin (BTC) - May 9 (1h)
Updated
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Bitcoin Halving has about 4 days left.
It is expected that this week will be flown to decorate the finale of Bitcoin Halving.
There is not much left this week.
You have to watch what will happen over the weekend.
Point 9481 is High last week.
In order to stay on the uptrend, we need to get support above 9841.
If the price of BTC rises and then sideways by forming a box section, I think we can expect an additional BTC price increase by raising the Alts price.
It is difficult to find a point to buy at the current BTC location.
This is because it is thought that the section of profit is short.
After the date and time shown on the chart, you need to make sure you can get support at points up to 9481 and above 9755.
(XBTUSD 1h chart.)
We need to make sure we can continue to receive support at points above 9755.
(XBTUSD 1D chart.)
Will the price of BTC continue to rise and rise above the previous ATH ...
(XBTUSD 1D chart.)
BTC's price has increased by almost 200%.
It seems that circulating pumping of regular coins, not major coins, has started.
I think you need careful trading.
(This is the BTC Dominance Chart.)
Will the BTC dominance fall and can it touch below 67.44, or will it rise above 69.80?
(USDT dominance chart.)
Can USDT dominance remain below 2.41?
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Rather than deciding to which point it will rise, I hope now that I can decide where to keep the profits and losses, and close the upward trend with good results.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
Bitcoin Halving has about 4 days left.
It is expected that this week will be flown to decorate the finale of Bitcoin Halving.
There is not much left this week.
You have to watch what will happen over the weekend.
Point 9481 is High last week.
In order to stay on the uptrend, we need to get support above 9841.
If the price of BTC rises and then sideways by forming a box section, I think we can expect an additional BTC price increase by raising the Alts price.
It is difficult to find a point to buy at the current BTC location.
This is because it is thought that the section of profit is short.
After the date and time shown on the chart, you need to make sure you can get support at points up to 9481 and above 9755.
(XBTUSD 1h chart.)
We need to make sure we can continue to receive support at points above 9755.
(XBTUSD 1D chart.)
Will the price of BTC continue to rise and rise above the previous ATH ...
(XBTUSD 1D chart.)
BTC's price has increased by almost 200%.
It seems that circulating pumping of regular coins, not major coins, has started.
I think you need careful trading.
(This is the BTC Dominance Chart.)
Will the BTC dominance fall and can it touch below 67.44, or will it rise above 69.80?
(USDT dominance chart.)
Can USDT dominance remain below 2.41?
----------------------------------------
Rather than deciding to which point it will rise, I hope now that I can decide where to keep the profits and losses, and close the upward trend with good results.
----------------------------------------
See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Note
We need to make sure that the BTC dominance falls below the 68.28 point and you can touch the 67.97 point.
In addition, we believe that the drop to below 67.44 could lead to Alts bullish.
I think BTC dominance correlates with Alts prices.
Note
The important day is not today, but the 10th tomorrow.You should check if the closing price is generated on the 1D chart above point 9481.
It's time for careful trading.
Have a nice holiday.
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