xMoranTomx

BTC has reached another support level, I see that it cannot break through it. Another rebound is expected and even a new ath.

As of October 2024, Bitcoin is in a strong but somewhat volatile position. The price has recently surged to around $68,000, which reflects a broader market rally, but has also shown fluctuations due to increased volatility and geopolitical factors. Bitcoin's market dominance has reached nearly 59%, the highest since 2021, indicating its continued strength relative to other cryptocurrencies. This rise is largely driven by factors like growing interest in Bitcoin exchange-traded funds (ETFs), which have surpassed $20 billion in inflows. But now, BTC is coming out from the trend line, new ATH is coming?

According to the bar, I am waiting for the development of BTC. In the next period, it will go back to around 52 thousand. We have been seeing a slow fall since March, and another ath is not expected for the time being.

BTC moves in a weaker regression band. It looks more like a sideways move than a bear market.

Not a perfect but interesting head and shoulders on BTC. I think we can go up.

We have successfully broken through the triangle, the only way is up from here!

BTC has entered a triangle that will determine many things now. I trust that we will hold the bottom and break out the triangle at the top.

The correction is in full swing. Here, the only question will be whether the MA of 200 will suppress the price. If so, it is almost certain that a new ath is expected.

We arrive at a support-resistance level on the ondo/usdt chart. We have been rising since March and the price has been going up continuously for a long time. the top of the rectangle can be a good boarding point.

I am not burying the world of altcoins yet. A buy signal is expected at the bottom of the trend. We have to wait and then there is a good chance of growth.