Bitcoin has recovered back to $50.1k Monday, and whale traders played the dip to perfection. Beginning during the dump to $43.5k, addresses holding 100 to 10k $BTC have accumulated 67k more $BTC after dumping the same amount before the price drop.

One more big bank offering Bitcoin to their clients.

Colombia’s Largest Bank Taps Gemini to Offer Bitcoin, Ethereum Trading to Clients

https://decrypt.co/87703/colombia-largest-bank-bancolombia-gemini-bitcoin-ethereum-trading

BTC Update:

We saw BTC gradually picking up and at present it is retesting the supporting trendline. BTC must bounce from here to continue the rising momentum. A bounce will likely shoot the price up to $57k to $58k.
At this current level, we also have a strong 21 MA support so if BTC breaks down below this level then things may go into a critical situation again.

We can enter long on altcoins once BTC confirms the upward rally. Until then do not expose your positions. Stay calm and wait for the right entry.

Stay tuned for more updates.

Hearing on digital assets and future of finances in US House. We will have some volatility in the market at this time. You can watch it live here👇

Trade carefully

https://youtu.be/4oOTvtupND8

BTC Update:- BTC is still trading in a rangebound. Btc holding the $48k-$49k support very well. If Btc breaks below the $48k support then we might see $42-$44k again. For any bullish scenario BTC must break the $53k resistance first.

Alts update:- Alts shows some relief bounce but don't be fomo and don't go all in now in altcoins. If btc dumps back to $42k then keep your usdt ready for buying alts. Focus on Metaverse and web3.0 based alts.

Big News-

WhatsApp Implements Crypto Transactions

One of the biggest messaging applications, WhatsApp by Meta, has implemented the cryptocurrency transaction technology directly inside of the app via Novi wallet.

https://u.today/whatsapp-implements-crypto-transactions

BTC Update:- BTC couldn't hold the $48,800 support which is not good. Currently, bitcoin is in a very important support zone which is at $46k-$48k. I'm expecting a bounce from this zone. If BTC couldn't hold this support then we can see more dump in the market. The last support for bulls is at $40k-$42k.

For any bullish scenario, BTC must break the $53k resistance. Right now the market is not looking good for trades. Although you can accumulate some good altcoins (Metaverse and web3.0 related) on spot but don't do leverage trading until and unless we get any bullish confirmation.

Stay safe and stay tuned.

BTC bouncing as expected.

BTC Update:- BTC bounced yesterday $48k to $50k in just few mins after our update but it couldn't hold there and rejected. BTC unable to close above $48,800 level. We are in accumulation zone soon this accumulation is over and BTC surprises everyone by pumping hard.

Everyone in the whole crypto community is expecting $42k-$44k but you know usually BTC is doing the opposite of what people expect. But remember unless and until BTC did not close above $52k-$53k things are uncertain. Also the weekend is here so we may see some volatility in the market. Don't do leverage trade now. Try to accumulate some good altcoins as low as possible on spot as I told you in my previous update. Also accumulate some ETH ($3600-$4k).

Enjoy the weekend and stay tuned.

BTC Update:- BTC is still struggling to break $50k resistance but it did a nice recovery since yesterday and manage to daily close above $48k. Once BTC close and hold above $50k then our next main resistance is $53k. Weekend is here so we might see some volatility. Let's wait for the weekly close and then we decide where BTC is heading.

Stay tuned and enjoy your weekend.

BTC exclusive update:

Guys, we want all of you to observe this chart carefully. We are not going to confuse ya'll but will make things simple and easy.

BTC is going to make bullish move soon.

On 30th Sept, BTC made a move that drove the price sky rocket to a new ATH. A booming 56% pump within 19 days. We can observe a similar move once again and this time if this happens again then BTC will surely make a new ATH.

Now, here are some key point we need to keep in mind.

1. BTC must break above the $50k level for confirmation.
2. BTC may bounce from the current level. If not then $44k could be the possible level.
3. Breaking below $40.6k will invalid this move.

Note: We are still yet to confirm this bullish move so in order to be on the safer side we are accumulating small amount of BTC, ETH, and BNB.

So, make your move according to your personal analysis and observation.

So far so good.

We have 21 MA resistance at $48600. Let's see if BTC could break above the $50k in the daily close. Sustaining above $49k will also be a good sign.

ETH should bounce off from this demand zone.

BTC Update:

All we need is a breakout. BTC followed the path as expected. A perfect bounce from the support line.

Daily close above the upper trendline/21 MA ($49.8k to $50k will be great. BTC must stay above the 21 MA.

Let's see if BTC can make a good rally from here.

BTC unable to breakout from the falling wedge pattern and got rejected again. Now BTC reached again near the horizontal support line. Bitcoin is in rangebound from last two weeks. Looks like we have to wait more for the breakout. Also, new year and christmas holidays are coming so we might see some selling pressure. BTC holding the $46k support very well till now but if it breaks below then we might see $42k-$44k. For any bullish scenario BTC must break and close above $50k.

Now let's wait and let the market decide where it wants to go. You can accumulate some BTC and ETH on spot.

$69k Bitcoin is NOT the top.

ALL bull markets have ended AFTER crossing the 2yr moving average x5.
Still early

BTC Update:

If you ask me whether our previous exclusive chart on BTC is still valid or not?
We would happily say, YES!!!

Here's an update on 2 hours time frame.

BTC is currently bouncing back from the bottom trendline breaking above the 21 MA. We can notice that BTC had always bounced back after reaching this trendline. If that's the case happening now then BTC must reach $48.5k once again.
BTC has been under this channel for nearly 15 days and it must break this channel soon either up or down.

We still have our support and resistance level fixed. Support at $44k & $40k, and resistance level at $50k.

We are in the weekly close and things could go in any direction. So, be prepared.

More updates coming in.

Stay tuned.

BTC Update:

Hello members, we believe you all had a good time with your family and loved ones during the weekend.

Weekdays are here so let's get back to the updates.

According to our previous analysis, BTC went up to $48300 but failed to break the resistance level. Once again BTC landed into the lower supporting trendline and bounced back.
One thing is clear here, until and unless BTC breaks above the resistance (upper trendline), this 'dodging' game will continue. Same goes if BTC breaks down.
Currently, BTC is at $47500 level and the resistance is at $48100. If BTC couldn't above break this then it will surely fall down trying to touch the lower trendline once again.

We have been accumulating BTC lately and like we said before things may go wrong only if BTC breaks either $44k or $40k levels.

Stay tuned for more updates and try to save your funds as much as you can. Remember, saving your portfolio is also a profit, loosing isn't.

Breaking out. Let's wait for the confirmation.

This the the USDT dominance in 2 hours timeframe.

Breaking below the lower trendline is looking good for BTC and other alts. This can turn out to be a fake down as well so be careful.

We aren't opening any new position here. We must wait for the confirmation.