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Many memes, and only now do the first sharp corners begin to show.
$moodeng
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Good morning
$BTC The market rose to around 77,000 but pulled back slightly due to news.
There was a rebound before the daily close.
The bullish outlook remains unchanged, and a market view will be issued later today.
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Market Outlook
75-73 retracement completed, expected to rise
Yesterday we mentioned that Bitcoin $BTC had a 30% chance of bottoming after rebounding from 75,000. There is a 70% chance it will further retrace to the 75-73 range.
Currently, the market has rebounded after falling to around 73,650.
It meets our expectation of the 75-73 bottom range and rebounds here.
The market has rebounded about 2,000 points to around 75,700.
If the closing price tomorrow is above 74,700, I believe the market will resume its upward trend. The market will continue to advance toward the 80k range mentioned earlie
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Market Outlook
75 Range Observation: Is it the Bottom or a Rebound?
As we predicted yesterday, Bitcoin $BTC price further declined today within the day to the 75 range. Currently, there is about a 1,000-point rebound.
We cannot confirm whether 75,000 is the bottom; doubts still exist (I believe there is a 30% chance that the bottom has already been reached here).
I think both 73-75 could be the bottom; 75,000 is only the lowest target for the correction. If it just touches 75 and then starts to rebound, that would be very strong.
In the rise from 65,200 to now, Bitcoin has experienc
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$AAVE Continuously hit hard. It's a bit tragic.
AAVE-1,62%
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Market Outlook
Bitcoin pulls back over the weekend, with expectations to fill the CME gap next week
Currently, Bitcoin $BTC touched 78 on Friday night, followed by a pullback of about 2,000 points down to the 76,000 range. Many are worried whether the top has already appeared.
At present, I believe the top has not yet appeared. My expectation is a weekend pullback followed by filling the CME gap next week.
Although it touched 78, the CME gap above is between 79,600 and 81,100. I think that being so close makes it a low-probability scenario not to fill; filling it is the high-probabili
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Market Outlook
78000 achieved, subsequent market judgment
We first pointed out on April 1st that $BTC 's rebound starting from 65200 aimed for the 78-81 range, which has already reached the minimum target range today. The current question is how it will move after reaching this range.
First, just touching 78000 does not necessarily mean the rally is over. From a naked candlestick perspective, if the close tomorrow morning remains above 77, it will be a "doji" daily breakout, likely to continue.
And the resistance zone of 78-81 mentioned earlier objectively exists. Therefore, after a da
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The market almost all follows the chart.
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Market Outlook
Target of 76 reached, awaiting feedback in the 73,000 range
In our previous opinion, we pointed out that the short-term target of 76 has now been achieved, and after touching 76, the market experienced a small pullback to the 74 level, and is currently still oscillating around 74
I believe that if there is a pullback, the short-term support is around 73
If 73 does not break below, it is highly likely to continue rising in the short term to the 78-81 range
If it breaks below 73,000, it may return to the support at 70,400, and further support at around 69,000
The US st
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Market Viewpoint
Pullback levels at 70,400 and 69,000
After Bitcoin surged to around 73,500 on Saturday night, the market experienced repeated fluctuations due to news (such as rumors of the US halting negotiations and blocking straits), causing Bitcoin to fall back to the 70,500 range in the late Saturday night / early Sunday morning
The current support levels below are still at 70,400 and 69,000
The market did not immediately continue upward, which was a mistake in my judgment
Currently, the market is consolidating above the 70,400 support. I believe the short-term opportunity has
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SOL-1,91%
ETH-1,53%
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When I first entered the crypto world, I liked Yao coins, and I wanted to chase coins that could keep rising.
Now I only look at BES every day; I don't want to look at any others besides these three.
Even if I look, I might not act on them.
This can be considered a state of being dumbfounded.
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71800 had a small pullback, watch the reactions around the 70400 and 69000 levels.
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Market Outlook
Target of 71,800 achieved, next expectation
Last night, due to positive news of a ceasefire, the market rose above 71,800, meeting our bullish target. I called for long positions at 65,800 in the group, and suggested closing positions at 71,800.
In last night’s view, it was also mentioned that if 68,000 does not break below, then the target remains at 71,800. The news accelerated the price reaction.
My next expectation is that there may be a pullback, followed by a rally to the 74-75 range. Possible pullback levels are around 70,400 and 69,000.
After touching these levels withou
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Market Outlook
Support around 68K can hold in the short term, allowing for an upward push; otherwise, expect a dip to 66K.
Currently, the market is pulling back after touching 70k, returning to the 68,000 range.
68K is a key short-term support level and also the low point from Monday. If 68K does not break below, there is still a possibility of reaching up to the 71,800 range within this week.
If 68K breaks down, the market may dip again toward the 66,000 bottom.
Since last week, the market has been oscillating within a narrow range for over a week. Many traders have already lost patience, whi
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ETH-1,53%
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There have been no updates on the market yesterday and today. Please refer to the previous day's outlook. In the short term, it may dip below 65200, but overall, after the dip (or if it doesn't dip), it slightly looks bullish up to 71800.
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Market Outlook
Bitcoin may once again dip below 65200
Bitcoin started declining this morning, maintaining a downward trend until 65700, where a small rebound occurred
Many analysts are extremely bearish, believing it will break below now; I still believe it will not break immediately
There are two scenarios for a breakdown: one is a slight dip below, meaning a slight drop below 60,000 followed by a V-shaped rebound; the other is a complete break of the range, directly reaching the so-called bottom
Reaching the bottom directly in early April seems unlikely to me, as bottoms in previous bear mar
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