A descending triangle on the hourly chart broke in a downward direction. The target of this triangle breakdown is the $16,700-$17,000 area. There is no strength in the market yet and big liquidations are going on. BTC needs to go above $20,000 to bring some positive momentum. Wait for Monday for the global market opening.

#Bitcoin’s price sits at the lower bound of its production cost for the first time since the March 2020 #liquidity crisis as well.

Moreover, We can see that whenever price hits the lower bound or upper bound of the #Bitcoin Production Cost Ribbon, we see a mid-term reveral in the market. Simply, this inidcates a relief rally coming soon ✌️🏻.

DOT tested the major support of $6.50 and bounced from there. If you opened a long position then increase your stop loss and hold this trade. You can book some profit near the resistance area. Keep your stop loss below the $6.50 area.

FIO/BTC
FIO Protocol (FIO) is a blockchain protocol that aims to enable a better way of sending/receiving coins and tokens.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: 229-275-325-385 satoshi

FIO/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: $0.0449-0.06575-0.07585-0.08895

SL: $0.0297

$FIO Hit Exactly Our 1st Target🎯

Price Reached 229 SATs

Hope You Guys Making Insane Profits from $FIO

ZIL is trading in broadening pattern. The local resistance is $0.034 area and major resistance is $0.0374-$0.0378 area. The support is $0.03-$0.0305 area. Wait for a test of support or resistance level for new trade.

Bitcoin is trying to reclaim the $20,000 level. This is the key level to flip to gain some strength. Bitcoin will react more when global markets open. If BTC unable to reclaim $20,000 then we see more downfall towards $18,000 or below. Wait for global markets open before taking new entries.

All three #Bitcoin MVRV cohort ratios are now underwater:

🟧 Aggregate market is underwater
🟦 Long-Term Holders are underwater
🟥 Short-Term Holders are underwater

Market low things.

MITH/BTC
Mithril (MITH) is a decentralized social media platform on the Ethereum Blockchain that rewards users for creating content.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: 77-95-125-155 satoshi

MITH/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: $0.01615-0.02275-0.02965-0.03755

SL: $0.01136

MITH/USDT at rock bottom support.

Don't miss it out😊

DOT trade is running in 23% profit. You can book some profit and hold the rest with a stop loss of near $7 area. If BTC holds above $20,000 then we see more upward movement in DOT. Don't take new entries here just hold the previous trade. We will update for new entries or profit booking.

BOND/BTC
BarnBridge is a project that expands the functionality of DeFi to make it more flexible and efficient.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: 1420-1650-1850-2050 satoshi

BOND/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: $2.96-4.15-5.75-7

SL: $1.93

📛Next target 10000 $ - 12000 $

📛هدف بعدی محدوده 10000 تا 12000 دلار

#btc
#bitcoin
#بیتکوین

LINK analysis:

LINK tested the major support of $5.50-$6.15 area. The local resistance is $7.40-$7.50 area. A break above this resistance will send us towards major resistance of $9.00-$9.50 area. There is not trade setup in LINK now. Wait for a breakout of resistance or test of support.

#BTCUSDT 1W UPDATE ...
#BTC
#Bitcoin
#بیتکوین

📛Some of the reasons for this decline based on technical:
1 - Very intense momentum in the downward direction
2 - Awful weekly candle
3. Support in the $ 18,000 to $ 19,000 range is not strong
And ...

📛چند تا از دلایل این ریزش بر اساس تکنیکال :
1 - مومنتوم بسیار شدید در جهت نزولی
2 - کندل هفتگی افتضاح
3 - حمایت محدوده ی 18000 تا 19000 دلار قوی نیست
و ...

#btcusdt
#btc
#bitcoin
#بیتکوین

⚠️Almost every 4 years, Bitcoin has dropped by an average of 85% from its historical ceiling ... Is history repeating itself ???

⚠️تقریبا هر 4 سال یکبار , بیتکوین از سقف تاریخی خودش بطور میانگین 85 درصد ریزش داشته است ... تاریخ تکرار میشود ؟؟؟

🛑If it drops to the range of 10 thousand dollars, then it will fall 85% from the ceiling ... and that its monthly time frame has no support up to that limit ...

🛑اگه تا محدوده ی 10 هزار دلار بریزه اونوقت میشه 85 درصد ریزش از سقف ... و اینکه تایم فریم ماهانش هم تا اون محدوده هیچ حمایتی نداره ...

BTC is holding above $20,000 as global markets open in green. Bitcoin is trading in the range now where $21,000 is working as resistance and $19,650-$19,750 working as a support level. If BTC is able to break above $21,000 then we see a move towards the major resistance of the $23,000 area. If BTC breaks below $19,650 then we see more downfall in the market. Trade with tight stop loss and wait for BTC's next move.