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Happy Friday!
Bitcoin, XRP & Altcoins: What's Next For Crypto? teapaw.org/i/broadcasts/2dKLEzNgr…
TARA retweeted
🚨 Emergency Crypto Broadcast TODAY! 4pm ET @PrecisionTrade3
This bounce on #BTC has me leaning toward the possibility that we're already in Wave 4.
Price bounced right off the minimum Wave 3 target at $72.7K, and I think that support may be enough to fuel a retracement up to our Wave 4 resistance targets.
I currently have Wave 4 measured at $77.4K, with shorter-term resistance sitting at $75.7K. I wouldn't rule out a move all the way to $77.4K... What makes that level particularly interesting, is that would set up Wave 5 extension targets perfectly on our macro support target at $69k. I'll keep you updated as it continues! bitcoin:native #Bitcoin
Good morning, everyone!
#Bitcoin is approaching our $71.8K support target, a level that could bring some relief to the market. Until that level is reached, altcoins could remain under significant pressure!
As outlined on the chart, $71.8K could provide a short-term reset. However, the more important level, and the real pivot point, remains at $69K.
$69K continues to be THE level to watch. A successful retest of this critical macro level could provide the confirmation needed for a trend reversal.
But! HOW price gets there will be just as important as the level itself. I’ll be watching momentum closely as #BTC approaches $69K. That reaction could tell us a lot about what comes next. I'll keep you updated as it continues! #bitcoinnews bitcoin:native
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bitcoin:native ripple:native ethereum:0xc944e90c64b2c07662a292be6244bdf05cda44a7 hedera-hashgraph:native solana:eEUiUs4JWYZrp72djAGF1A8PhpR6rHphGeGN7GbVLp6
What cryptos do we need to check-in on?
Targeting $71.8k as the next support on bitcoin:native
Momentum should begin to accelerate during this wave, with a new RSI low expected. This would confirm Wave 3, keeping valid the possibility of a 5th wave towards $69K.
However, $69K MUST be met with significant support and strong buying demand. How price reacts at this level will be critical in confirming or invalidating the possibility of a new trend. $69k continues to be Bitcoin's level of importance!
We need to understand what #BTC is up against. The broader market structure still favors a move toward significantly lower support levels. #Bitcoin is STILL in a correction. Don't confuse a relief rally with a confirmed trend reversal. I'll keep you updated as it continues!
HUGE week for bitcoin:native and the entire crypto market!
Our level of importance continues to be $76.2k. The market has NOT proved that this was enough support. Volume is extremely low and the market is generally weak. I'm watching the RSI as price approaches that level (again) for any signs of a break down towards $71.8k.
Here's why we need to be CAUTIOUS... IF #BTC needs to come down to new lows BELOW $57.7k to pick up more support, it will be during THIS correction we're in now. So very soon.... #BTC is NOT out of the woods yet. Buckle UP! It's about to be a wild ride.
Happy Friday! See you in the stream!
Bitcoin, XRP & Altcoins: Exchange Hacks and Crypto Breaking Support teapaw.org/i/broadcasts/1YGNrblQV…
Extremely BULLISH sign if #BTC holds $69k as support.
Discussing this LIVE today at 4pm ET with @CasiTrades 🔥 here on X and YouTube. See you all then!
bitcoin:native Good morning!
Bitcoin is sitting RIGHT on top of macro .382 level at $77.4k after a strong, bearish drop. First support has been reached at $76.2k. This completes a FULL ABC and the most shallow correction possible.
Now, I'm watching to see if $77.4k has been flipped to resistance or if it can reclaim and hold as support. This will be the first sign that the correction on #Bitcoin is complete. If lower supports are going to be reached ($69k), it will be during THIS wave and we should start to see that breakdown soon.
The RSI is not super bearish like you would expect... It even had a small bullish div right at the $76.2k support.
I STILL think #BTC will eventually break down to the support range at $72k-$69k and this could just be short-term support. Watching development closely and will keep you updated!
bitcoin:native Bitcoin JUST rejected the .5 resistance level at $81.6k. I've been expecting this level all week! Continued resistance here would help confirm subwave 2 (heavy resistance).
Because the RSI is showing a bearish div as price approaches fib, along with other signals of a top, I'm expecting continuation to the downside to begin soon. STILL targeting $72k-69k range for that main wave target. I'll keep you updated!
$BTC is approaching the .236 retrace level at $80.4k. Watching the market closely!
This is the THIRD touch on support. Only this time, with heavier selling pressure. RSI is starting to show early signs of bearish momentum. It's possible we get a reaction out of the market tonight...
Breaking the .236 support down is a significant event and defining move for #Bitcoin . It will invalidate a new high ($90k) and confirm the deeper correction towards $69k. I'll keep you updated!
Happy Friday! In today's stream we discuss what key levels we're watching as BTC, XRP, and altcoins come down to pick up more support.
See you all there!
Crypto Market Testing Major Levels! Bitcoin XRP+ Altcoins @precisiontrade3 teapaw.org/i/broadcasts/1pJkOXlNQ…
bitcoin:native FAKEOUT OR BREAKOUT??
The distinction is how HIGH price has reached and which resistance level it targeted. A .618 retrace is NOT bullish! This could have been the FUEL that was needed to keep the market moving… 👀
With this strong rejection on #Bitcoin, I’m expecting a bearish wave soon as low as the 1.618 extension.
If we use the local high to measure wave targets, #BTC support levels are STILL lining up as low as $69k conservatively. With the chance that it turns even more bearish on that drop! We’ll know more soon after some development.
I’ll keep you updated! #Bitcoin
