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>> No.55783995 [View]
File: 81 KB, 1428x669, 1667679287295672.png [View same] [iqdb] [saucenao] [google]
55783995

>>55782963
Zoom out. BTC is currently about $7000 below the long-term support that turned into resistance (the support which the global market has traded as THE support since 2015 and which failed in September 2022 and has since been traded by the market as resistance). To get back up above this giga resistance BTC would currently need to get to $37.5k or $38k.

>> No.55584806 [View]
File: 81 KB, 1428x669, The Support.png [View same] [iqdb] [saucenao] [google]
55584806

>>55583156
34/35k is where the long-term support, which turned into resistance, is at. If BTC goes above it and stays above it (reclaims it as support) then yes that will be "titanium support", but if it gets violently rejected there that would be super ultra bearish.

>> No.55584804 [DELETED]  [View]
File: 81 KB, 1428x669, The Support.png [View same] [iqdb] [saucenao] [google]
55584804

>>55583156
34/35k is where the long-term support which, turned into resistance, is at. If BTC goes above it and stays above it (reclaims it as support) then yes that will be "titanium support", but if it gets violently rejected there that would be super ultra bearish.

>> No.55369561 [View]
File: 81 KB, 1428x669, 1671895670412909.png [View same] [iqdb] [saucenao] [google]
55369561

>>55369512
Actually the resistance is currently at ~34k (so BTC would need to get to 35k to break the resistance). Picrel is the long term support which the market has traded as support since 2015. It failed recently and hence turned into a resistance -- which it has since its failure been traded as.

So will BTC go to 35k (before it's too late and 35k is no longer enough to break the resistance as the resistance is higher the further forward in time we are)? Certainly possible of course, but it probably won't. It'll it break the resistance eventually though.

>> No.55356381 [View]
File: 81 KB, 1428x669, 1672282882097872.png [View same] [iqdb] [saucenao] [google]
55356381

>>55355835
Zoom out, check picrel on a live chart (newsflash: BTC is still under it; currently would need to hit 35k to get back over) and the 1W MACD.

>> No.55321915 [View]
File: 81 KB, 1428x669, 1677556193022517.png [View same] [iqdb] [saucenao] [google]
55321915

>>55321321
zoom out newfag

>> No.55321360 [DELETED]  [View]
File: 81 KB, 1428x669, 1663328658820052.png [View same] [iqdb] [saucenao] [google]
55321360

>>55321321
zoom out newfag

>> No.55320303 [View]
File: 81 KB, 1428x669, 1682203960850265.png [View same] [iqdb] [saucenao] [google]
55320303

>>55320252
Zoom out.

>>55320300
>t. seething low-IQ plebbitor

>> No.55317447 [View]
File: 81 KB, 1428x669, 1668076914726268.png [View same] [iqdb] [saucenao] [google]
55317447

>>55317433
Nope. The resistance is currently at ~33k. Picrel.

>>55317440
You're a baggie.

>> No.55290056 [View]
File: 81 KB, 1428x669, 1669594981763006.png [View same] [iqdb] [saucenao] [google]
55290056

>>55290036
The support that held since 2013 (the market has traded it as support since 2015) failed recently. It's now being traded as resistance.

>> No.55230611 [View]
File: 81 KB, 1428x669, 1660345411201864.png [View same] [iqdb] [saucenao] [google]
55230611

>>55230561
Here's one of several reasons.

>> No.55200931 [View]
File: 81 KB, 1428x669, The Support.png [View same] [iqdb] [saucenao] [google]
55200931

>>55190098
Combine that with the fact the support that's held since 2013 has now failed and is now acting as resistance.

>> No.55150445 [View]
File: 81 KB, 1428x669, The Support.png [View same] [iqdb] [saucenao] [google]
55150445

>>55147922
Correct, it has become resistance. To say that this is extremely bearish is an understatement.

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