bitcoin
bitcoin

$93570.363823 USD

-0.64%

ethereum
ethereum

$3245.632114 USD

-2.32%

tether
tether

$0.999916 USD

0.04%

xrp
xrp

$2.282084 USD

-3.07%

bnb
bnb

$686.750488 USD

-1.50%

solana
solana

$188.402360 USD

-3.35%

dogecoin
dogecoin

$0.326746 USD

-3.71%

usd-coin
usd-coin

$1.000017 USD

0.01%

cardano
cardano

$0.919472 USD

-1.90%

tron
tron

$0.240783 USD

-2.67%

avalanche
avalanche

$36.749161 USD

-0.96%

sui
sui

$4.854209 USD

1.09%

toncoin
toncoin

$5.201427 USD

-1.91%

chainlink
chainlink

$19.882066 USD

-2.16%

shiba-inu
shiba-inu

$0.000021 USD

0.22%

Cryptocurrency News Video

Bitcoin’s Hidden Pattern: Price Explosion Ahead? | Live Analysis & Predictions

Apr 24, 2024 at 03:00 pm MyCryptoParadise

the decreasing volume of Bitcoin and predicts an upcoming explosive movement. The analysis focuses on a symmetrical triangle breakout to the downside, leading to a 10% dump. Currently, Bitcoin is trading within a rising wedge pattern, indicating a high probability of a breakdown. Resistance levels, Fibonacci retracement zones, and bearish divergences suggest a bearish sentiment in the market. The sentiment is extremely bullish, but majority bullish positions at resistance levels are seen as dangerous. Liquidity data indicates a potential move towards $67,400 before a further decline to $55,000, followed by a reversal towards $93,000. The text emphasizes the importance of trading based on probabilities and avoiding emotional decision-making for long-term success.

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Video source:Youtube

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