| Time | Details |
|---|---|
| 2024-08-16 08:02 |
Bitcoin Faces Key Support Level Amid Price Correction
According to @CryptoMichNL, Bitcoin is undergoing a price correction on Thursday evening. The cryptocurrency is holding a crucial support level. If Bitcoin loses the $56K support, it is likely to see new lows or a retest at $48K. (Source) |
| 2024-09-05 14:00 |
Bitcoin's Crucial Levels and Liquidity Movements
According to CryptoMichNL, the short-term movements of Bitcoin are currently unexciting. Bitcoin took liquidity above $58.2K and then dropped back. It is likely to take liquidity lower at $54K before reversing back up. This week is significant due to upcoming events. Key levels to watch are $56K and $58.2K, which will determine the direction of Bitcoin's price. (Source) |
| 2024-09-06 14:30 |
Bitcoin Expected to Dip Before Reclaiming $56K
According to CryptoMichNL, the market has taken liquidity on both the upside and downside, leading to a likely dip to $53-54K for Bitcoin. For a bullish reversal, it is crucial for Bitcoin to reclaim the $56K level after this dip. (Source) |
| 2024-09-09 07:35 |
Bitcoin Faces Critical Levels Amid CPI Data Release
According to CryptoMichNL, Bitcoin has made a significant bounce, reaching the $54,800-$55,200 range. The analyst is uncertain if this upward momentum will continue in one go, especially with the upcoming Consumer Price Index (CPI) data release, which is a major market mover. He expects a potential liquidity grab that could push Bitcoin below $53,000 before any further upward movement. However, if Bitcoin breaks above $56,000, it would invalidate this bearish scenario and be considered positive. (Source) |