#BTC Update

BTC Brokeout from channel and almost reached our target 1 ($50k).

Right now bitcoin is in the mood to retest the channel ($47k-$48k) before going up.

#THETA / USDT heading for 10-30% move 🚀

🔥 176 Million SHIB to Be Burned on Dec.

The owner of the Bigger Entertainment crypto record label, Steven Cooper, has tweeted that his team intends to burn 176 million SHIB at the "burn party" at the end of this month right after Christmas, but this amount could be still bigger.

Source

#BTC as predicted hits our Target 1 $50k ✅

#WRX Trying to break above resistance

Target : 10-30%

Bittrex, KuCoin, Huobi.pro, FTX, Binance
#DOT/USDT Take-Profit target 2 ✅
Profit: 12.4951% 📈
Period: 1 Days 19 Hours 55 Minutes ⏰

FTX, Binance, KuCoin, Huobi.pro
#SOL/USDT Take-Profit target 1 ✅
Profit: 6.5948% 📈
Period: 2 Days 1 Hours 29 Minutes ⏰

#ETH is heading for 10-20% ride

Targets : 4400 - 4750

#TOMO / USDT

Consolidating above $2 before breakout to $2.5

#THETA / USDT Up 36% ✅ from our entry 🚀

Huobi.pro, KuCoin, Binance
#THETA/USDT Take-Profit target 3 ✅
Profit: 25.8581% 📈
Period: 4 Days 6 Hours 40 Minutes ⏰

Bittrex, KuCoin, Huobi.pro, FTX, Binance
#DOT/USDT Take-Profit target 3 ✅
Profit: 24.9902% 📈
Period: 5 Days 2 Hours 18 Minutes ⏰

FTX, Binance, KuCoin
#AUDIO/USDT Take-Profit target 3 ✅
Profit: 25.0149% 📈
Period: 3 Days 13 Hours 47 Minutes ⏰

#TOMO / USDT up +15% ✅ from entry 🚀

#WRX / USDT up +20% ✅ from entry 🚀

#BTC Update

Bitcoin needs to hold above $47500 to continue the run up. If bitcoin close daily candle below $47.5k we are likely to see correction to $45k and lower.

It is good time to book some profits in alts and re-enter on bounce.

#BTC Update

Bitcoin has closed below $47.5k key support level and 200 Day Moving Average.

Closing below 200 MA is indication of downtrend so we can expect Bitcoin to retest next support level $42k in next 1-2 weeks.

➡️ SHORT BCHUSDT

❇️ Entry: 439 - 449

☑️ Target 1: 422.60000000

☑️ Target 2: 370.20000000

☑️ Target 3: 330.80000000

⛔ Stoploss: 469.40000000

💫 Leverage : 10x

BitMEX, ByBit USDT, Binance Futures
#BCH/USDT Take-Profit target 1 ✅
Profit: 37.3576% 📈
Period: 2 Days 3 Hours 4 Minutes ⏰

Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%

No timeline exists as to when the internet will switch back on in the second-biggest Bitcoin mining country in the world. -Link

📊 #BTC Update

As predicted in last analysis the bitcoin has reached our $42k target. BTC is in downtrend as it is trading below 200 day moving average.

📉 Major Support : $40k & $36k

📈 Major Resistance : $46k & $50k

Few of the Alts are bullish in short term because of the falling bitcoin dominance in the crypto market.