#Bitcoin Analysis: A Closer Look at the Market Dynamics. 1/ $BTC Weekly Time Frame:.
11 Dec 2023, 13:35
๐งต #Bitcoin Analysis: A Closer Look at the Market Dynamics ๐๐
1/ $BTC Weekly Time Frame:
After 8 consecutive weeks of bullish momentum, Bitcoin experienced a correction.
The market was overly optimistic, with some predicting a surge to $50k or even $100k. ๐
Same news in other sources
7NewscryptoNWC #1012
11 Dec 2023, 13:35
7/ Investment Tip:
Now might be a good opportunity to fill your spot bags.
Aim for a target of $48k, taking profits along the way. Remember, unrealized gains are just numbers on a screen until cashed out. ๐ฐ
7/ Investment Tip:. Now might be a good opportunity to fill your spot bags.
7/ Investment Tip:
Now might be a good opportunity to fill your spot bags.
Aim for a target of $48k, taking profits along the way. Remember, unrealized gains are just numbers on a screen until cashed out. ๐ฐ
NewscryptoNWC #1012
11 Dec 2023, 13:35
8/ Disclaimer:
This analysis is not financial advice (NFA). Always do your own research and consider your investment goals and risk tolerance before making decisions.
๐ Stay tuned for more updates and insights on the crypto market with #Newscrypto! ๐
8/ Disclaimer:. This analysis is not financial advice (NFA).
8/ Disclaimer:
This analysis is not financial advice (NFA). Always do your own research and consider your investment goals and risk tolerance before making decisions.
๐ Stay tuned for more updates and insights on the crypto market with #Newscrypto! ๐
NewscryptoNWC #1012
11 Dec 2023, 13:35
6/ Current Strategy:
We're sticking with the bullish trend for the medium term, though short-term volatility is expected.
Watch for potential wicks around the $42k mark and some sideways movement as the market stabilizes.
6/ Current Strategy:. We're sticking with the bullish trend for the medium term, though short-term volatility is expected.
6/ Current Strategy:
We're sticking with the bullish trend for the medium term, though short-term volatility is expected.
Watch for potential wicks around the $42k mark and some sideways movement as the market stabilizes.
NewscryptoNWC #1012
11 Dec 2023, 13:35
5/ Looking Ahead:
The top of this run might coincide with ETF approvals in January, followed by a sell-off and a period of sideways movement.
This could present prime "buy the dip" opportunities before a full-scale bull market emerges. ๐
5/ Looking Ahead:.
5/ Looking Ahead:
The top of this run might coincide with ETF approvals in January, followed by a sell-off and a period of sideways movement.
This could present prime "buy the dip" opportunities before a full-scale bull market emerges. ๐
NewscryptoNWC #1012
11 Dec 2023, 13:35
4/ Market Sentiment Shift:
You might notice a shift in tone among influencers - from bullish to bearish.
However, it's important to focus on the fundamentals, which remain unchanged.
Liquidations are part of the market but don't alter the core dynamics.
4/ Market Sentiment Shift:. You might notice a shift in tone among influencers - from bullish to bearish.
4/ Market Sentiment Shift:
You might notice a shift in tone among influencers - from bullish to bearish.
However, it's important to focus on the fundamentals, which remain unchanged.
Liquidations are part of the market but don't alter the core dynamics.
NewscryptoNWC #1012
11 Dec 2023, 13:35
2/ The recent red candle in Bitcoin's chart can be attributed to a cascade of liquidations.
In the last 24 hours, over $500 million in Bitcoin long positions were liquidated!
Keep an eye on the $38k level for strong support if a larger correction occurs.
2/ The recent red candle in Bitcoin's chart can be attributed to a cascade of liquidations.
2/ The recent red candle in Bitcoin's chart can be attributed to a cascade of liquidations.
In the last 24 hours, over $500 million in Bitcoin long positions were liquidated!
Keep an eye on the $38k level for strong support if a larger correction occurs.
NewscryptoNWC #1012
11 Dec 2023, 13:35
3/ Bitcoin 12H Time Frame:
Despite the downturn, Bitcoin managed to stay above $40k. For a continued upward trajectory, it's crucial to maintain above $42k. ๐
3/ Bitcoin 12H Time Frame:. Despite the downturn, Bitcoin managed to stay above $40k.
3/ Bitcoin 12H Time Frame:
Despite the downturn, Bitcoin managed to stay above $40k. For a continued upward trajectory, it's crucial to maintain above $42k. ๐