BTC may be getting ready for a breakout

deppo

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Oct 2, 2022

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• Sep 24, 2024

• #1

There is a previous resistance level at about the $64,250 level and for the last 15 days it has been consistently on an uptrend above the 50 moving average forming an ascending triangle on the right. If it confirms a candle or two closing above the green resistance line, you may be looking at a positive breakout on top of 5 or 10%. If that formation fails, BTC would drop quite a bit.

 

alurosu

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Jun 16, 2020

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• Sep 24, 2024

• #2

Yep, next month will be wild

 

RichMedusa

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Nov 15, 2022

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• Sep 24, 2024

• #3

Quite optimistic for Q4 and Q1-2025

 

ENQ

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Apr 22, 2024

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• Sep 24, 2024

• #4

Everyone aboard the UPtober train.

Always helps doing a steady DCA in bitcoin to not get shaken out by short term price movements.

 

AnkerLabs

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Jul 6, 2023

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• Sep 24, 2024

• #5

ENQ said:

Everyone aboard the UPtober train.

Always helps doing a steady DCA in bitcoin to not get shaken out by short term price movements.

Click to expand...

Exactly October is always a good month, plus there's a number of catalysts that I think will pump the price. Don't underestimate the power of the ETF, they will soon sent it!

 

deppo

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• Sep 26, 2024
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• #6

Couple days later, 17 days into the uptrend, we got couple clean confirmed closes above resistance level, now we are looking for some type of small up movement and a small correction so that the pull back stays above that resistance level. If so, we are gearing up for $70k+ next week.