Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel
Blog

April 9 Bitcoin Update – BTC Rejected from Light Blue Zone, Bullish Rebound off Orange Trendline

Yesterday $BTC was rejected from the light blue resistance zone, and overnight there has been a bullish rebound forming. I think we could get some upside today, and the light blue resistance zone will be a key target to monitor. The forecast for inflation data is that we could see better than expected data, which could cause the markets to rally this week.

BTC Update – Orange Support Line Broke, Red Zone is Providing Support

The orange support line did not hold for $BTC, and the red zone is providing support headed into tomorrow’s inflation data.

ChartChamp socials: https://linktr.ee/realchartchamp

0 Comments
Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

CVT Market Sentiment February 2025

The current market environment, with its sharp dump since the recent top in December 2024, looks dire, and many people are in panic mode. Many altcoins are down 70% to 90% from their last highs. However, sentiment on Twitter remains overall balanced. In euphoric market stages, people often forget proper risk management, which becomes painful […]

Read More
Default Thumbnail

Bitcoin Dominance Starts to Trend Down

Bitcoin dominance has hit my key resistance level at the light blue zone, which gives a dominance level of 61.60% to 63.23%. BTC dominance has started to trend down and this is usually when Altcoin season starts. The yellow trendline is a key resistance level for Bitcoin dominance, and we climbed well above resistance here […]

Read More
Default Thumbnail

XLM Approaching $0.687 Resistance

XLM is also trading near a key resistance level around $0.687, and is likely to face some short-term resistance there. XLM and ALGO will benefit from XRP’s rally, and will likely lag behind XRP in the rally. I think XLM will form a bullish breakout from this range, and will rally to new all time […]

Read More