#Bitcoin saw a tremendous surge in value in January) with an impressive 40% increase🚀
This marked a significant moment for the #cryptocurrency and reinforced its position as a leading asset in the financial world
Let's dive deeper and take a closer look at the chart🧵
The Falling Wedge breakout was a major moment for Bitcoin, signaling a shift in market sentiment and paving the way for further gains.
#Bitcoin #Crypto #CryptoMarket #TechnicalAnalysis
Bitcoin is currently trading below the PREMIUM level and as the chart shows, it is an unusual occurrence for the cryptocurrency to trade under its long-term trendline. The market is currently encountering resistance at this level.
#Bitcoin #Crypto #TechnicalAnalysis
Bitcoin showing bullish trend shift. SUPERTREND also turns #BULLISH on weekly chart. Other TA supports potential trend change. Exciting for crypto world!
#Bitcoin #Crypto #CryptoMarket #TechnicalAnalysis
Our early October 2022 chart with PIVOT SUPPLY AND DEMAND zones proved accurate as predicted lines played out.
This was just one of the scenarios and shows the power of technical analysis in crypto. Keep an eye out for our future charts & analysis.
#Bitcoin #Crypto
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