Bitcoin technical analysis

7 hours ago Someone bought $1.1 Billion worth of #Bitcoin   at $70,100
Transaction Details:
15,473.716 BTC bought for $1,084,706,631 at $70,100 per BTC
Plus, an additional 80.489 BTC for $5,642,333 also at $70,100 per BTC
All together: 15,554.2 BTC for a total of about $1.09 Billion.
Wallet Address: bc1qrqrcvfq99f0lwk0w6dcvldw82ew4ygcnl3rhj5

Update:
Rocket move . Very good

BTC at Previous week Value area high. Short term selling.

#BTCUSD / H4

.. also here, keep simple, real simple ...

Down it goes

My outlook on Bitcoin is now bearish. 59137 is the cornerstone of the range that bit coin is currently in. Usually, if this level of the range is broken, the range is over and you can expect lower prices. This does not mean that prices will fall from here. Its just the fact it tagged that level.

BTC has fallen thru its floor in the last couple of hours and now perhaps headed towards 53K

Bitcoin chart from Peter Brandt.

Scalping longs for $60350

He said its over

Am waiting for a retest at 68100.

Looks like we are going to 67400!

Bit Coin Analysis 3.May 2024

Having broken the bottom of the range Bitcoin possibly has made its top for a while now, and we can expect lower prices after a move back up.

Previously from this level Bitcoin was able to rally back up. Coulds we see the same again? The interesting thing is even though Bit coin maybe in a position to rally, I think it will not make a new high.

Possible targets

BTCUSD Daily chart. Looks like the downward move is over. If it crosses above 67000, than it will be a confirmation.

$63K is next

Scalping longs for $64500

Liquidity is underneath bitcoin, until we see liquidity form over the market, my advice would be to stay long.

Had I been about this was a superb signal to short.