It looks like another shakeout. Bullish continuation should be next.
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BTC - Current situation
The 69k support didn't hold. Now, the current support zone is 67ks.
Demand is being added here, so this level should hold and it should go higher (main scenario). If it doesn't, the next support would be 65k.
Regarding the Mt.Gox movements, they are sending the funds to a new wallet, for repayment preparation. It doesn't mean immediate repayments to users. Although there have been confirmations and some progress, the full repayment process extends until October 2024. So nothing to worry about (yet).
The 69k support didn't hold. Now, the current support zone is 67ks.
Demand is being added here, so this level should hold and it should go higher (main scenario). If it doesn't, the next support would be 65k.
Regarding the Mt.Gox movements, they are sending the funds to a new wallet, for repayment preparation. It doesn't mean immediate repayments to users. Although there have been confirmations and some progress, the full repayment process extends until October 2024. So nothing to worry about (yet).
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CryptoCapo TG
BTC - Current situation The 69k support didn't hold. Now, the current support zone is 67ks. Demand is being added here, so this level should hold and it should go higher (main scenario). If it doesn't, the next support would be 65k. Regarding the Mt.Gox…
More demand is being added.
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CryptoCapo TG
BTC - Current situation The 69k support didn't hold. Now, the current support zone is 67ks. Demand is being added here, so this level should hold and it should go higher (main scenario). If it doesn't, the next support would be 65k. Regarding the Mt.Gox…
BTC update
Market is looking weak on ltf. $67k support probably not going to hold. Next support would be $65ks.
Market is looking weak on ltf. $67k support probably not going to hold. Next support would be $65ks.
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CryptoCapo TG
BTC update Market is looking weak on ltf. $67k support probably not going to hold. Next support would be $65ks.
$67k is support until it isn't. Just be ready in case it breaks.
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CryptoCapo TG
Some Sunday morning thoughts. My theory is: Trump has already gained the initiative in securing voters from the crypto world and will continue with it. Besides accepting campaign donations in cryptocurrencies, openly supporting the crypto industry, and promising…
First step of the theory ✅
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CryptoCapo TG
Memecoins update They followed the plan perfectly, being the ones dumping the most. Now they have bounced off support like the rest of the market, but we could expect a second retest if BTC goes to sub $60k, which is likely in my opinion. In the charts…
Memecoins update
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Celebrities and Crypto: Market Trends and Insights
https://x.com/CryptoCapo_/status/1796169149015634236
https://x.com/CryptoCapo_/status/1796169149015634236
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CryptoCapo TG
$67k is support until it isn't. Just be ready in case it breaks.
$67k holding once again. Let's see if that was the local bottom and we see higher prices soon.
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BTC - Zoomed in
Range formed between 67k-69k.
So far, the range low has been holding well. We just saw a deviation below it. As long as it stays above this level, it should go higher. Clean break above the range high = 74k-76k (main scenario)
Clean break below (no deviations) and the next support would be 65k.
I wish you all a nice weekend!
Range formed between 67k-69k.
So far, the range low has been holding well. We just saw a deviation below it. As long as it stays above this level, it should go higher. Clean break above the range high = 74k-76k (main scenario)
Clean break below (no deviations) and the next support would be 65k.
I wish you all a nice weekend!
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CryptoCapo TG
ZCX update Several touches to the re-adjusted range high, using it as support. BTC pair keeps looking good. Adding a bit more to this one.
ZCX update
Wrong on the previous idea.
It broke support and is going lower than expected. It's currently touching another major support, and the selling volume is decreasing, so a bounce is expected. If this support doesn't hold, I will start cutting the position.
Wrong on the previous idea.
It broke support and is going lower than expected. It's currently touching another major support, and the selling volume is decreasing, so a bounce is expected. If this support doesn't hold, I will start cutting the position.
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CryptoCapo TG
BTC - Zoomed in Range formed between 67k-69k. So far, the range low has been holding well. We just saw a deviation below it. As long as it stays above this level, it should go higher. Clean break above the range high = 74k-76k (main scenario) Clean break…
GM
BTC trying to break above 69k.
BTC trying to break above 69k.
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