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Why BTC Could Push Toward / Above $108K Technical Setup BTC is trading in a relatively tight range below the $107,500–$108,000 resistance. Cycle & On-Chain Dynamics Historically, Bitcoin bull cycles don’t peak immediately after a halving — this could mean room to run. Some analysts think we haven’t hit the top yet. Some bullish chartists (e.g., “Titan of Crypto”) project a parabolic run if BTC clears $108K. Is $108K A Realistic Next Move? Yes,

You're absolutely right, the falling wedge pattern often suggests a potential breakout to the upside, but it's important to be cautious. That "bleed off" to around 70k could still be part of a larger consolidation before a big move. If we break down out of the wedge, it would definitely signal more bearish market sentiment, especially considering the broader macro risks you're highlighting like geopolitical instability, health crises, and climate concerns. It's a bit of a nerve-wracking but exciting situation, especially with the unpredictable nature of markets these days. How are you thinking of positioning yourself in this scenario? Holding out for the breakout, or preparing for the downside risk as well?

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Bitcoin Easy To Move $72K. Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update. Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you. TradingView: frmnCapital

BTC USDT #BTC $63K Then $68 Healthy for Upside Movement ✍️ On Other Side, More Pain coming 🌶 52K 🤬

Bitcoin took a hit on May 1, 2024 Causing a shift in sentiment, but it seems it was a trap for bears, triggering a wave of liquidations and a subsequent market decline Now, Bitcoin is around $64,000, showing over 6% growth in the last 24 hours While it has been stable over the past week, its price has dropped by over 4% in the last 30 days

Bitcoin recently reached an all-time high of $73,777 before dropping to a low of $59,050. It's currently hovering around $66,350, which is close to its mid-range of $66,400. The breaker point in the market is estimated to be between $69,000 and $70,000, which aligns with the Bull Rune's all-time high of around $69,000. The current market conditions are showing a higher low, which typically indicates a bearish trend. Taking all of this, the next significant point in the market is projected to be around $52,000. Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update. Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you. TradingView: frmnCapital

Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update. Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you. TradingView: frmnCapital

Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update. Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you. TradingView: frmnCapital

Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update. Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you. TradingView: frmnCapital