BTC: Crypto Market Faces Major Crash

3 Feb

BTC: Crypto Market Faces Major Crash Amidst USD Strength

During the night, the entire cryptocurrency market experienced a significant crash, driven by the strengthening US Dollar (USD). The new tariffs imposed by President Trump on Canada, Mexico, and China have bolstered the USD, leading to aggressive movements across all markets.

Bitcoin (BTC) has completed a bullish harmonic pattern, indicating a more stable situation. The price may correct within this zone, but potential comments from President Trump regarding the crypto market could further support BTC's short-term strengthening.

A strong support zone is found near 31,230, where the price has previously reacted and formed the bullish harmonic pattern. Resistance zones ahead are located near 98,200; 102,385; and 105,470.

You may find more details in the chart!
Thank you and Good Luck!

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3 Feb

Nota

BTC - target 1 reached :)

4 Feb

Dagangan aktif

BTC - second target reached

4 Feb

Nota

📣BTC Update

BTC already reached two of our important targets. Considering that the market is still waiting for new updates from Trump the bullish momentum may remain intact.
The price may correct our the current zone and may rise for the third target or beyond the target during the coming days.
Considering that Trump already began the mess the chances are that he will make comments and updates also related to the cryptocurrency market. Even if that doesn't happen soon the market may still wait for his comments and the bullish momentum may remain intact.
📣BTC Update

BTC already reached two of our important targets. Considering that the market is still waiting for new updates from Trump the bullish momentum may remain intact.
The price may correct our the current zone and may rise for the third target or beyond the target during the coming days.
Considering that Trump already began the mess the chances are that he will make comments and updates also related to the cryptocurrency market. Even if that doesn't happen soon the market may still wait for his comments and the bullish momentum may remain intact.