#BTC Update

Bitcoin is up more than $8k from our entry.

If bitcoin breaks this descending channel we can expect good growth to $45k level.

Market Update

We are almost up 40-50% on multiple coins from our last dip buy, so here you can book some profits and hold some.

Bitcoin needs to close above $45k for multiple days to hold this recovery and to continue the bullish trend. if bitcoin fails to hold well we might drop to $35k once again.

Also here it is great opportunity for CME to fill those bottom CME Gaps which are at $24k-$26k and $18k.

We can target for these Gaps if $30k fails to hold.

So keep some funds in USDT if market gives opportunity.

#BTC Update

Short term BTC has resistance $42500 if it is broken we can expect move to $45k.

Support is at $38k - $35k - $30k if $35k gets broken there will be fear in market and if $30k gets broken big panic selling in market.

Keep some funds in USDT if market gives opportunity.

#BTC Update

Another rejection from $42k and as expected bitcoin broke $38k level.

Breaking: The State Council of China: Crack down on Bitcoin mining and trading, and prevent individual risks transmitted to the social field.

https://twitter.com/WuBlockchain/status/1395744914000863233?s=20

If Bitcoin fails to hold $35k then panic selling is going to start.

I hope you have major amount of money in USDT as suggested in last update.

#Bitcoin Update

Short term bitcoin is forming symmetrical triangle pattern, On breakout we can expect $42k - $45k and on breakdown target $35k $33k.

Overall bitcoin is still bearish as long as it is trading below $45k.

if bitcoin breaks $30k again we will see $25k because of panic selling and CME Gap.

➡️ SHORT BTCUSDT | Binance

❇️ Buy: 40700.00000000

☑️ Target 1: 34595.00000000 (15%)

☑️ Target 2: 28490.00000000 (30%)

☑️ Target 3: 22385.00000000 (45%)

☑️ Target 4: 20350.00000000 (50%)

⛔️ Stoploss: 46805.00000000 (-15%)

💫 Leverage : 10x

https://www.tradingview.com/x/izHhpfJt/

Binance Futures
#BTC/USDT Take-Profit target 1 ✅
Profit: 150.2776% 📈
Period: 1 Days 21 Hours 57 Minutes ⏰

#Market Update

Where the crypto market goes from here is dependent on the stock market over the next couple weeks.

Due to CME Gap and Weak Support level bitcoin is likely to go for $25k - $20k once $30k is broken.

This week is going to huge for crypto & stocks.

Welcome to Crypto 🚀🚀🚀

Hedge Fund Billionaire Ray Dalio: I Have Some Bitcoin - CoinDesk

https://www.coindesk.com/consensus-ray-dalio-i-have-some-bitcoin

Elon is back 😁

#BTC Update

Bitcoin got rejected from $40k resistance and now moving inside symmetrical triangle.

Bullish if symmetrical triangle breaks upward.

If this symmetrical triangle breaks down we will see new dip to $30k - $25k- $20k.

🐳 Unusual Exchange Inflows

5,080 #BTC ($187,829,655)
aggregated inflows to derivative exchanges in an hour

1. Binance 4,481 BTC (88%)
2. Bitfinex 245 BTC (4%)
3. Kraken 188 BTC (3%)

Bybit derivative exchange announced they would close all accounts registered using Chinese phone numbers by June15.

https://coingape.com/just-in-bybit-to-close-all-chinese-mobile-phone-accounts-by-june-15

BTC UPDATE :

Bitcoin is still in range-bound levels.

There is strong resistance on the 200-Daily EMA and at $45k. Once these resistances are broken then bitcoin will fly higher to $50k.

If fails to break then back to $33k - $30k.

Bitcoin failing to hold above $40k.

Now 1 hr chart printed head and shoulder pattern.

Let's see if it plays out.

#BTC Update

As predicted the bitcoin dropped from $39.6k to $35k.

Current Support Levels : $35k & $33k.