Is TIA Building Up for a Big Move? Expansion Phase Could Be NearYello, Paradisers! Has #TIA finally completed its basing? After nearly 90 days in a basing structure, #TIAUSDT now shows signs of an upcoming expansion phase as it approaches strong support levels that could trigger a bullish reaction.
💎With TIA nearing these crucial levels, the bulls are in position to potentially drive prices upward. If they hold, price could see an initial push toward the $5.40 to $5.60 levels, where minor resistance will be the first test for the bulls.
💎Clearing this range would indicate that buyers are regaining control, but the real challenge lies just above. TIA faces a pivotal resistance level marked by descending and moderate resistance in the $6.20 to $6.60 range. Breaking through this zone is essential for a full breakout, which would then propel TIA towards the next strong resistance levels between $7.35 and $7.65. This area would likely prompt strong profit-taking and could be the cap on the next wave up unless the bulls sustain their strength.
💎On the downside, TIA benefits from a robust support base that’s helped keep sellers in check over repeated tests. The moderate support at $5.00 has shown resilience, while the stronger support zone between $4.40 and $4.60 has been defended multiple times, highlighting the bulls’ commitment to preventing any further downside. This stability in the support levels signals that buyers are determined to hold these zones.
Paradisers, remember, trading is a game of patience and discipline. Stick to high-probability setups and follow your strategy carefully to stay ahead in this market!
MyCryptoParadise
iFeel the success🌴
Cryptosignals
X Empire(X) can PUMP[+10%_+20%_30%]Today, I want to analyze the telegram game token X Empire , which has been listed in various exchanges for about 1 day , so that if you participate in the Airdrop of this telegram game , where you can sell your tokens or even profit from the increase in the price of the token X .
X token ( OKX:XUSDT ) has managed to break the Downtrend line .
I expect X Empire(X) to rise again after the pullback to the Downtrend line and attack the resistance zone , and if the resistance zone is broken, we should expect it to rise to $0.000084 & $0.000091 .
⚠️Note: Because there is not much data on token X, be sure to observe capital management in this position more than before.⚠️
⚠️ Note: If you have the X token and want to sell, the resistance zone can be a suitable zone, or if the support zone breaks, it is better to sell this token because it is more likely to fall. ⚠️
🔔Be sure to follow the updated ideas.🔔
X Empire Analyze ( XUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Could PYTHUSDT Be Primed for a Bullish Breakout?PYTHUSDT has recently broken out of its resistance trendline and entered a consolidation phase, forming a potential inverse head and shoulders pattern. This setup could signal an upcoming bullish move—but key levels must be confirmed before a trade setup is validated.
💎If PYTHUSDT breaks out and closes a candle above the current resistance zone, it would validate the inverse head and shoulders pattern, significantly boosting the probability of an upward move.
💎If retracement occurs, we could expect a bounce from the support zone. For a higher probability of success, look for a bullish Internal Change of Character (I-CHoCH) as confirmation in lower timeframes.
💎Should the price break down and closes candle below the support zone, it would invalidate this bullish scenario. In that case, it’s wise to stay patient and wait for a clearer price action setup to develop.
Remember, rushing in without confirmation often leads to costly mistakes. Play it safe, Paradisers, and always wait for the highest probability opportunities—this is how you secure consistent gains over time.
MyCryptoParadise
iFeel the success🌴
SUIUSDT: Major Bearish Reversal Ahead?Yello, Paradisers! Are you ready for a potential major shift in #SUIUSDT? The setup we’re analyzing may point toward a bearish move, but let’s break down the data to see if a market shift is truly on the horizon.
💎#SUIUSDT is displaying clear bearish momentum from the critical resistance zone around $1.9848. This level is crucial, as recent signals of a Change of Character (CHoCH) could indicate a structural shift, hinting at a potential reversal from the prevailing trend. Could this be the start of a breakdown in market dynamics?
💎On the other hand, if the price manages to hold at this level and doesn’t break down, we might see a bearish reversal develop from the next resistance at $2.1805. Here’s where patience is key—waiting for the price to tap into a bearish Order Block (OB) can prevent getting trapped in false moves and keep your strategy intact.
💎However, should the price break out and close a candle above the $2.1805 resistance, it would invalidate our bearish perspective. In that case, it’s best to stay cautious and on the sidelines, waiting for a more reliable setup to avoid unnecessary risks.
Remember, Paradisers, the best traders don’t jump in without clear confirmations. Discipline and patience are your strongest tools here. Waiting for the highest-probability setups ensures you’re not just in the market but trading at the smartest, most strategic times.
MyCryptoParadise
iFeel the success🌴
FETUSDT: Is a Major Breakdown Coming?Yello, Paradisers! Do you think #FETUSDT can survive the selling pressure, or is a major drop on the horizon?
💎#FET is currently trading within a rising wedge pattern, which is typically a bearish formation. While the price briefly flipped above its strong resistance levels, it quickly faced rejection on the second attempt, pushing it lower.
💎Currently, FET is struggling to reclaim the 1.50 - 1.560 resistance zone. As long as it remains below this level, the bulls will have a hard time gaining any momentum. This zone is the key battleground for FET. If the bulls manage to break through and establish control, we could see a strong push higher.
💎However, at the moment, FET is losing steam. If the bulls continue to fail to generate any significant buying pressure, FET is likely to drop further towards the ascending support level at 1.3220. While this level could offer some temporary relief, it might not be enough to change the overall bearish outlook.
💎If FET breaks below the ascending support, expect an initial drop towards the 1.23 - 1.19 zone, which is a moderate support. Failing to hold there, FET could see an even deeper decline towards the strong supports at 1.085 - 1.040.
Paradisers, it’s time to play it safe and avoid taking impulsive entries. Discipline and patience will pay off here.
MyCryptoParadise
iFeel the success🌴
Is SUNDOG Primed for a Major Reversal?Yello, Paradisers! Could #SUNDOG be gearing up for a breakout? Currently trading within a falling wedge pattern and forming a deviation-style bottom, #SUNDOGUSDT shows signs of an impending reversal if it can hold support in the coming hours.
💎If SUNDOG maintains its grip on these support levels, bulls could gain momentum primarily aiming towards the $0.22 and the descending resistance level of $0.23. Breaking above these levels could ignite strong bullish momentum, setting sights on the next major resistance range between $0.28 and $0.29.
💎Between $0.28 to $0.29 is where strong profit-taking remains expected, however if momentum sustains, bulls could be in for another upside leg. If bulls manage to secure acceptance above this range, further upside potential opens up, with possible extensions towards $0.325 to $0.335.
💎On the downside, SUNDOG has strong and moderate support between $0.188 and $0.200. This level has held firm since mid-September, and as long as bulls defend it, SUNDOG’s bullish prospects remain intact.
Patience and precision here, Paradisers. Watch for key breakouts or bounces to guide your strategy—consistency and discipline will pave the way to strong gains!
MyCryptoParadise
iFeel the success🌴
TONUSDT Potential breakout from a down trendTONUSDT is in a prolonged sideways movement above the psychological level at 5.00, creating a range between 5.00 and 5.40. This structure suggests potential liquidity beneath the 5.00 level, particularly as it aligns with the round number. It’s likely the market may continue moving sideways before eventually dipping to capture this liquidity. Additionally, the formation of an inverse head and shoulders pattern hints at a possible bullish reversal. If the pattern completes, it could signal a shift in momentum and a potential breakout above the range. The mid-term target is the resistance zone at 6.00
Is TNSR Primed for Breakout or Headed for Rejection?Yello, Paradisers! Is #TNSRUSDT gearing up for a powerful breakout, or could we see a sharp pullback from here This is a pivotal moment that could shape TNSR’s next big move.
💎If #TNSR successfully pushes past this key resistance level with a daily close above it, this signals a strong bullish shift A confirmed breakout could propel TNSR upward, aiming for our target area and marking the start of a new momentum phase
💎However, if TNSR is rejected at this resistance, there’s a high probability of a pullback toward the demand zone around 0347 Here, buyers might regroup to build strength and potentially prepare for another attempt at the resistance level
💎In a bearish scenario, if TNSR fails to hold at the demand zone, we could see a move down to the major support area between 0308 and 0287 This level has provided reliable support in previous market moves and could act as a key area for bulls to defend before any deeper drop
💎Bullish invalidation occurs if TNSR breaks below this strong support with a daily close, creating a lower low and signaling potential for further downside.
As always, patience is key. Stay disciplined and stick to your strategy, and remember – we only act when the market confirms our setup. Keep it smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
Goatseus Maximus(GOAT) Ready to FALL!!!(Alert)!!!Today, I want to analyze the Goatseus Maximus(GOAT) memecoin, which has increased almost 😱+1500%😱 in less than 12 days .
What is Goatseus Maximus (GOAT)!?
Goatseus Maximus (GOAT) is a meme coin within the Solana( BINANCE:SOLUSDT ) ecosystem, which has gained significant attention due to its AI-driven features and strong community backing. Its recent surge in price has been driven by multiple factors, including listings on major exchanges.
⚠️Regarding the GOAT memecoin , I must warn that as if the team members of GOAT are NOT known, the specific website or social media(just X Platform) related to GOAT that have been approved by the project team CANNOT be found . As a result, please pay more attention to capital management before buying GOAT .⚠️
In terms of Technical Analysis , GOAT is moving near the lower line of the Ascending Channel and Potential Reversal Zone(PRZ) .
Also, the Evening Star Candlestick Reversal Pattern in PRZ and the Huge volume of the third candle of this pattern again indicate the return and fall of GOAT .
Also, Regular Divergence(RD-) between Consecutive Peaks .
I expect GOAT to drop at least 🚨 -50% 🚨 after breaking the lower line of the ascending channel, according to the explanation above .
⚠️Note: If GOAT can trade above $1.00 for 2-3 days, we can expect an increase.⚠️
Goatseus Maximus Analyze ( GATEIO:GOATUSDT ), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ZILUSDT: Massive Breakout Ahead or Bullish Trap? Yello Paradisers! Is ZILUSDT about to break out, or should we prepare for a retracement? 🚨 Let's dive into the latest technical setup that could potentially set the stage for a big move.
💎ZILUSDT has approached its resistance trendline, showing a bullish CHoCH (Change of Character) while forming an inverse head-and-shoulders pattern with a bullish divergence. These signals combined significantly increase the probability of a bullish continuation.
💎If ZILUSDT breaks out and closes candle above the resistance zone, this will validate the inverse head-and-shoulders pattern and confirm a higher probability of a bullish move.
💎On the flip side, in case of a retracement, we can expect a bounce from the support zone. To strengthen the odds in our favor, we will need to see a bullish I-CHoCH on the lower timeframes before considering an entry.
💎However, if ZILUSDT breaks down and closes candle below the support zone, this will invalidate the bullish outlook entirely. In that scenario, it’s wiser to wait for better price action to form before making any further moves.
🎖As always, patience is key. Stay disciplined and stick to your strategy, and remember – we only act when the market confirms our setup. Keep it smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
AIOZ About to Explode? Here’s Why a Breakout Could Be Imminent!Yello, Paradisers! Could #AIOZUSDT be gearing up for a major move? Right now, #AIOZ is standing at a critical juncture—just a little push around its resistance could trigger a powerful upside surge.
💎AIOZ has established a strong support base and is beginning to form a potential ascending triangle pattern. This particular pattern typically signals a bullish breakout, but there’s one key condition: the price needs to surpass the $0.49 level with strong trading volumes to confirm this setup.
💎If this breakout occurs, it could propel AIOZ towards $0.515, followed by the strong resistance levels of $0.540 to $0.560. This range marks where the pattern’s target completes, making it a critical area for partial profit-taking. Proper money management around these levels is advised, as the breakout momentum could diminish once these targets are achieved.
💎Even if AIOZ faces a temporary pullback, it is well-supported by multiple levels below. The first significant support comes from the ascending support line around the $0.465 level. Below that, AIOZ finds additional support from its strong base zone between $0.45 and $0.44. As long as this zone holds, sellers are likely to encounter difficulties and AIOZ will continue to maintain the overall bullish structure.
Remember, Paradisers: navigating these key resistance zones will require patience and precision. Don’t rush in—wait for clear confirmations and play it smart!
MyCryptoParadise
iFeel the success🌴
Solana Approaching Critical Resistance—A Big Move Is Coming!Yello, Paradisers! #SOLUSDT is once again showing bullish momentum as price breaks out of a lower-time frame double bottom pattern. Now, #Solana quickly approaching the crucial inverse head and shoulders neckline level—could this be the start of a higher time-frame reversal?
💎Since early August, Solana has been forming a bottoming pattern, and the bulls are getting closer to pushing it into a significant reversal. The immediate target for this double bottom breakout lies between 162 - 164, which coincides with the inverse head and shoulders breakout zone.
💎While some profit-taking may occur around this level, a breakout above the neckline would push Solana into a much stronger upward trend. From there, expect the price to initially aim for 169.50 level followed by the strong resistance levels at 179 to 185 which are around the recent highs.
💎Solana also has strong support zones in place, offering significant protection for the bulls. Around the moderate support levels of 147.80 to 147.20, both horizontal support and dynamic supports have their presence. This region will make it difficult for sellers to gain control. Additionally, just below this area, an ascending support line at 138 provides extra reinforcement for Solana.
Paradisers, remember, trading is a game of patience and discipline. Stick to high-probability setups and follow your strategy carefully to stay ahead in this market!
MyCryptoParadise
iFeel the success🌴
TRXUSDT potential Up Trend continuationTRXUSDT pulled back toward the swap zone, which has been tested multiple times before, and took liquidity below the equal lows, creating a false breakout at this significant level. Despite this, the overall trend remains bullish, and the market may enter a short-term sideways phase between 0.1570 and 0.1650. The presence of a recent bullish candle supports the potential for upward continuation. If the market holds above the swap zone and regains momentum, a move higher is likely. The target is the resistance zone around 0.1620
IDUSDT: Bullish Breakout or Panic-Inducing Breakdown?Yello, Paradisers! Are you ready for a major move on IDUSDT? If you’ve been keeping an eye on this one, you might be in for a game-changer!
💎IDUSDT is approaching the resistance trendline, forming a classic Cup & Handle pattern—and we’ve got a bullish divergence in play.
💎If IDUSDT breaks and closes a candle above the resistance zone, it will confirm the Cup & Handle pattern, significantly increasing the odds of a bullish reversal. This could be your signal to ride the wave up!
💎Now, if we get a pullback, don’t panic. We’re eyeing a bounce off the support zone. But for a safer bet and higher probability in our favor, we need to see a bullish I-CHoCH in lower timeframes for confirmation.
💎On the flip side, if the price breaks down and closes candle below the support zone, that’s a red flag. It will invalidate our bullish scenario altogether.
Be patient, wait for the right confirmation, and avoid emotional decisions. Smart trading is about following the strategy and never rushing the market. Stay sharp and disciplined, Paradisers! 💪
MyCryptoParadise
iFeel the success🌴
Will BNX Bounce Back or Break Down? Key Levels to Watch NowYello, Paradisers! Is #BNX about to stage a powerful bullish reversal, or could we see another leg down? Let's dive into the current setup of #BinaryX:
💎#BNXUSDT is flashing some promising signs of a potential reversal following a crucial retest of a major support zone. The recent price action saw #BNXUSDT lose steam after encountering a strong rejection at the key resistance of $1.71, where a double-top pattern emerged. Now, the focus shifts to a pivotal support zone between $0.596 and $0.691.
💎If the price holds above $0.596 - $0.691 and rebounds, it could gather the necessary momentum to retest the minor resistance at $0.855. A break above this level would signal a return to a bullish structure, opening the door for higher targets and a potential trend shift.
💎However, if #BNX fails to rebound within this zone, a breakdown could trigger a continuation of the downtrend, with the next stop potentially being the demand area at $0.435.
💎Historically, the $0.435 level has provided solid support, making it a key area to watch for a potential rebound opportunity. But for $BNX to regain its upward momentum, reclaiming the $0.855 resistance is essential. If the price fails to do so—or, even worse, breaks down below the $0.435 demand zone—it would confirm a bearish trend, indicating further downside risks.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
ZETAUSDT Is a Major Move Coming? Here’s What You Need to Know!Yello, Paradisers! Do you think #ZETAUSDT is ready for a big breakout, or could it drop even further? Here's why it's a crucial moment for this coin!
💎#ZETA is currently forming an Inverse Head and Shoulders (IHNS) pattern but has lost momentum after a strong rejection at key resistance. The price could retest the demand zone around 0.637 to regain momentum for another attempt to break through the key resistance level at 0.782. If ZETA successfully rebounds from this demand zone and breaks through the resistance, the IHNS pattern will be confirmed. In this scenario, we could see a significant upward move, as the price would have returned to a bullish structure. The highest probability target would be within our projected zone.
💎If the price fails to rebound from the demand zone and breaks below it, ZETA could continue its downward trend, potentially revisiting the strong support zone between 0.526 - 0.497. This area has held up in the past, and we expect it to act as a critical level once again. A strong rebound here would be essential for ZETA to maintain any upward momentum.
💎However, if ZETA fails to show positive signs and breaks below this strong support zone, it would be a bearish signal, likely leading to further downward movement.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities! Stay disciplined and trade smart, Paradisers.
MyCryptoParadise
iFeel the success🌴
MYROUSDT Bullish Flag!MYROUSDT Technical analsysi update
MYRUSDT is forming a bullish flag pattern on the 4H chart, and the price is now breaking out of the flag. On the daily chart, the previous resistance zone is acting as support, with the 100 and 200 EMAs providing support at the flag's bottom. A strong bullish move can be expected.
Buy zone : Below $0.113
Stop loss : $0.0975
Take Profit 1: $0.124
Take Profit 2: $0.140
Take Profit 3: $0.20
PENLDEUSDT Bullish Head and Shoulders Pattern.PENDLEUSDT Technical analysis update
PENDLE's price is breaking the inverse head and shoulders neckline on the daily chart, with the 100 and 200 EMAs acting as support for the right shoulder. We can expect a potential bullish move in PENDLE
Buy zone : Below $5.00
Stop loss : $4.40
Take Profit 1: $5.48
Take Profit 2: $6.15
Take Profit 3: $8.00
Regards
Hexa
PEPE Bulls Defend Key Support Zone—Are We Ready for a Breakout?Yello, Paradisers! Is #PEPE about to make its next big move? #PEPEUSDT is currently re-testing a crucial support zone that it has already defended twice, showing signs of strong bullish resilience.
💎PEPE recently tested its previous range breakout levels, establishing a bullish Morning Star pattern on the first bounce. Now, a Hammer Candlestick is emerging, which indicates that the bulls are aggressively protecting this zone. If the bulls hold their ground, we could see an initial push towards the descending resistance at 0.0000101.
💎This descending resistance level at 0.0000100 needs to break if bulls want to regain momentum. Should PEPE overcome this, price could see a sharp rally towards 0.0000113 - 0.0000118, a key resistance that has previously forced prices lower. In between, keep an eye on the 0.0000105 minor resistance—an initial hurdle for the bulls.
💎If the bullish momentum extends beyond 0.0000118 and holds, there’s potential for PEPE to target much higher levels around 0.000013 - 0.0000135.
💎Currently PEPE is taking strong support from 0.00000881 - 0.00000855 levels, a range that has twice prevented sellers from pushing lower. Additional strong support lies just below, at 0.00000790 - 0.00000765, making it tough for bears to gain control.
Play it smart, Paradisers. In this market, patience and discipline are key. Stay focused and ready to act on the best opportunities!
MyCryptoParadise
iFeel the success🌴
Hamster Kombat(HMSTR) Analysis==>>Dead Cat Bounce PatternThe Hamster Kombat(HMSTR) project has taken a downward trend after the unsuccessful Airdrop that disappointed many of its users.
This bearish movement reminds me of the Dead Cat Bounce Pattern . We can even name this pattern for the BINANCE:HMSTRUSDT token, Dead Hamster Bounce Pattern😂.
Why does a Dead Cat Bounce Pattern form?
When the price experiences a sharp fall, traders feel that the price has reached the lowest support area and is worth buying. In this area, they start buying, and the price increases with a lot of momentum. But this cat is dead and cannot have a total bounce to go up; it's just a dead cat bounce.
In this area, the asset has lost its value, and this bounce occurs only for psychological reasons among traders, and there has been no change in the value of that asset. So the price has no reason to rise.
In this bounce, the buyers get extremely hopeful and enter the market, but they need to know that the cat is dead and cannot bounce.
The Bearish Flag Continuation Pattern is also clear in the Hamster Kombat(HMSTR) chart.
I expect the Hamster Kombat(HMSTR) project to continue its decline and if the project team does not think about their project, it is possible that in the coming months even this project will fall to very low prices and even be removed from some exchanges .
Note: If the Hamster Kombat(HMSTR) can break the Resistance zone($0.0054-$0.0050), we can expect Hamster Kombat(HMSTR) to pump at least +15%.
Hamster Kombat Analyze (HMSTRUSDT), 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Will #SLPUSDT Breakout or Break Down? Key Levels to Watch NowYello, Paradisers! Is #SLPUSDT on the verge of a breakout, or is a sell-off looming? Let's dive into the crucial signals and strategies that could shape the next big move of #SLP.
💎#SmoothLovePotion is showing promising signs of a potential bullish continuation from the key bullish order block (OB) at $0.00218. After breaking above the descending resistance, the path is being cleared for a move higher. However, for this momentum to truly hold, the price must remain steady above the bullish OB. This could set the stage for a breakout above the internal resistance zone.
💎We’re not in full breakout mode just yet. For a confirmed bullish move, #SLPUSDT needs to decisively break above the internal resistance at $0.0034–$0.0037. Look for strong engulfing candles and consistent upward momentum to signal that the market is gaining strength. Without these signs, jumping into trades prematurely could expose you to unnecessary risk.
💎Yet, the risk of fading momentum is always on the table. Should #SmoothLovePotion fail to break above $0.0037 and show signs of weakening, sellers could start to dominate. In that case, all eyes should be on the critical support level at $0.00218—a level that has proven resilient in previous dips.
💎If $0.00218 holds, the bullish outlook remains intact. A bounce from here could reignite buying pressure. However, a break below this level would invalidate the bullish setup, potentially triggering a sharp decline toward the next demand zone at $0.00154. Should this demand zone also give way, a more significant drop may be on the horizon.
Don’t let FOMO get the best of you; wait for clear confirmations before making your move.
MyCryptoParadise
iFeel the success🌴
Will PERPUSDT Rebound or Dive Deeper? Critical Levels to Watch!Yello, Paradisers! Will #PERPUSDT rebound from here or continue to plunge? Let’s dive into the current setup
💎#PERP is flashing a bullish signal after breaking out of a falling wedge pattern, a historically bullish structure. The price is now testing the demand zone, and for the upward momentum to continue, PERP needs to rebound and push toward the minor resistance at **$0.732**. A breakout above this level is crucial for sustained upward movement, with our next target at the major resistance area.
💎But what happens if PERP can't hold the line? If the price fails to rebound and breaks down below the **$0.497** support area, things could turn bearish quickly. In this case, there's a high probability PERP could revisit the major support zone at **$0.389**. Looking at its historical performance, PERP has consistently rebounded when hitting this major support, so there’s a good chance it could do so again.
💎However, the bullish scenario will be invalidated if PERP's daily candle closes below this major support level. This is a crucial zone, as it represents the previous low. If it breaks, PERP could make a new lower low, leading to a deeper dip.
Remember, staying disciplined and following clear strategies are essential in these volatile times.
MyCryptoParadise
iFeel the success🌴
Bitcoin- Chronicle of a Break ForetoldA couple of weeks ago, I raised the question: What if Bitcoin were to remain stuck in a range between 70K and 50K for an extended period?
Although this idea seems unimaginable to the bulls—who get frustrated by any statement that isn’t "Bitcoin to the moon"—this scenario is more than just a remote possibility.
Recently, Bitcoin hit the 70K zone once again, and from a technical standpoint, it broke out of the flag it had been trading in for over six months.
However, to me, this breakout feels more like the "chronicle of a break foretold"—the one we’ve all been expecting, where everyone’s buying, everyone’s making money.
Yet, from a fundamental perspective, things aren’t looking as rosy as one might think.
Technically, it seems like the price will come back to confirm the breakout. But again, from my point of view, things just seem a bit too simple .
So, what if Bitcoin slips back under 65K and continues downward towards the bottom of the range at 50K?
Asking for a friend. :)