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Bitcoin continues to trade within a descending channel, with the current 4H, candle showing a 7.17% drop, rejecting near the $65,000 resistance level.
The price has entered a Fair Value Gap (FVG) between $60,000 and $62,500 where we might see some buying support.
(FVG sare levels of liquidity gaps which the MMs eventually take before continuing the uptrend)
However, a break below the invalidation level at $57,466 could lead to further downside towards the channel support. Bulls need to HOLD the FVG to initiate a bullish breakout.
Invalidation Level:
An invalidation point is marked around $57,466. If the price breaks below this level, the bullish scenario becomes invalid, and further downside action is likely to follow.
There's also 200 MA support around the 59.8k level. This is an important level to keep an eye on! And my target 66k to 68k
#cta
@XDOrz
@DDroNN
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Tried but message is not processing so plz DM me
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Need puzzle 6,7,8
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Q0: How much do you like the Puzzle Hunt Event?This Question is only open for 2H.
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Welcome to TradeGPT!
Bybit TradeGPT uses AI to enhance crypto trading. It offers automated strategies and insights, making trading easier and smarter. Get personalized assistance for seamless trading! 🤖📈
/gpt
Ask the BOT a question, e.g /gpt BTC
/hot_question
Exploring popular questions from other users
✅ Start now [You can ask me anything about]
🗣 Consider joining our local communities and chat in your local language!
🌍 Africa | 🇦🇪 🇸🇦 Arabic | 🇧🇩 Bengali | 🇰🇭 Cambodia |🇨🇳 Chinese | 🇵🇭 Bayanihan | 🇫🇷 French | 🇮🇱 Hebrew
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I saw the “suspended” status for few days already @@!, i hope this reopen soon
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Bybit staff:
🛑 Will NEVER PM you.
🛑 Will NOT ask you to transfer crypto assets or ask for keys, password to solve any issue.
🛑 Will NOT introduce or invite to invest in any company, play lottery, faucets, dices.
Beware of scammers using hyperlinks in their profile bio to impersonate the usernames of admins.
Please report to the Bybit Team if you encounter issues above, forward such messages to @notoscam and report & block via telegram interface.
Kindly read the educational article here for more information about crypto scams and how to avoid them.
To verify the identity of someone claiming to be a Bybit employee who is approaching you via email or any other means, please visit and verify here
Never give your personal info nor click links
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