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BITCOIN IS BREAKING OUT! Everyone gave up on the bulls right before this. Falling wedge just snapped. $63K in play. The move always starts when the crowd stops looking. This time, you saw it first.
104,916 views • 2 months ago •via X (Twitter)
33 Comments

east there it could still be a fake breakout and the crowd never stops watching it just changes its opinion every few candles 🕯️

We are going to $38k

There is nothing stopping it from going back down though

Money still in the red

Breaking down!

Falling wedge just snapped.

bullish on the grind, not the hype

You're charting a falling wedge while gold sits at $4064. This isn't a technical breakout, it's just fiat debasement finally reaching the outer edge of the risk curve.

Breaking out?…… or faking out?.… again

🚀🚀🚀STARKNET=10$🚀🚀🚀

Spot on call @MerlijnTrader! BTC snapped that falling wedge on the 4H and is pushing higher - $63K looks very much in play after the recent lows. Classic setup where momentum returns as the crowd steps aside. Bullish. Data: #Bitcoin

$63K in play is a massive momentum shift. But while the crowd chases the breakout, make sure you're trading on a venue that cleared the EU regulatory hurdle. @Nexo spent the runway securing their MiCAR framework early so operations stay normal. Compliance compounds fr.

i'm seeing btc breakouts like this usually catch doubters offguard crowd gave up right before momentum started ripping through resistance i'm not fully convinced yet but strength is clearly building fast breakouts like this can extend hard if volume keeps flowing in stay sharp, don't chase late candles, let winners run properly

pump to the moon

Fake break out within the bearish structure, as investors don’t get FOMO guys, better entries are coming for a long term hold.

Opportunity comes after fear

If the direction isn't clear in crypto, I’d say take a look at the Brent Oil chart. It's directly affected by global events, so it's easier to predict. Oil trading on MEXC is really smooth.

Dead cat bounce to $45k...

Something does not feel right

woke up to that falling wedge snap and thought i was still dreaming 😅

Lol

That's a 4h chart?

Wild timing for a breakout when everyone gave up. But structural survival is just as important as chart patterns if you're in the EU. Imo it's less hassle using @Nexo because they actually secured their MiCA compliance early instead of scrambling late. Two years of warning.

$63K in play is a massive momentum shift. But while the crowd chases the breakout, make sure you're trading on a venue that cleared the EU regulatory hurdle. @Nexo spent the runway securing their MiCAR framework early so operations stay normal. Compliance compounds fr.

Eyes on $63K

a "breakout" feels more like a liquidity hunt to me. lots of stop losses probably got cleared on the way up. $63k is a key level, no doubt, but feels like it'll be tested more than just breezed through. the real move is usually a lot less dramatic than people want to believe.

Falling wedge snapping is clean. But catching a breakout means nothing if your venue gets restricted in the EU. Tbh it's why using @Nexo makes the most sense, since they locked in their MiCAR setup early to keep operations normal. Different leagues of preparation fr.

This will be the most hated rally to $160,000.

If you extend wedge back to left it is 4H and target is higher which has not been bokun yet, but this one can trigger it also

the market makes no announcement before it moves

Levels of interest from now:

This level has definitely become one of the hottest discussions across the BingX community

The move starting when the crowd stops looking is the most accurate thing written about crypto bottoms, uncomfortable to act on in real time though.
