Bitcoin Technical Analysis

The NASDAQ and S&P500 both broke their last top but BTC didnt break its top yet . According to BTC and S&P500 Correlation the BTC will follow the big market and break its last top and then the ETH and other cryptocurrencies will follow.

if we draw FIB retracement From start of BULL market to the 2021 top the 0.786 will be the area that we are right now. the 21 , 34 , 55 , 200 Weekly EMA play as support now.

we have signs of RSI divergence .

please look the chart below :

NO ONE can Predict the Market :

I'm sure you're all wondering how to make some profits from trading bitcoin. Well, I have some news for you: we can't predict bitcoin price, but we can play by possibilities and earn some money. No one can predict market 100%.
What do I mean by that? I mean that we can use some tools and strategies to identify the most likely scenarios for the price movement and act accordingly. For example, we can use technical analysis, indicators, trends, patterns, support and resistance levels, etc. to find entry and exit points for our trades. We can also use risk management techniques, such as stop-loss orders, position sizing, diversification, etc. to protect our capital and minimize our losses.
Of course, this doesn't guarantee that we will always win. Sometimes, the market can surprise us with unexpected events or movements that go against our analysis. That's why we need to be flexible and adaptable, and always keep learning from our mistakes and successes. We also need to be realistic and not expect to become rich overnight. Trading is a skill that takes time and practice to master.
So, don't be discouraged if you can't predict bitcoin price. You don't have to. You just have to play by possibilities and earn some money. Happy trading!

My Website ( Currently on Construction ) : http://www.alphageek.ir
My Youtube Channel : https://www.youtube.com/@alphageeks
My Odysee Channel : https://odysee.com/@alphageek