#Bitcoin Update – 24.09.2024

9月24日

#Bitcoin Update – 24.09.2024

Assalam-o-Alaikum and Good Evening to all Brothers and Sisters!

Bitcoin has moved perfectly according to our previous analysis. Every key point we identified has been reached. Now, let's look at the new support and resistance levels based on the latest price movements. After Monday’s move, the price has remained steady, consolidating around the same levels.

What’s Next?

Currently, Bitcoin is trading within a range near a significant resistance at $64,800. If the price continues to hold here, we're approaching a pivotal moment. Should we break through this resistance without first dropping to the second 4-hour support level, it could signal a very bullish scenario. However, for a clean break above the yellow zone, we’ll need a strong upward move supported by high volume. Otherwise, there's a chance this could be a fake breakout, leading to a potential pullback next week.

#ALTS Update

Altcoins are performing exceptionally well, and it seems that Ethereum (ETH) is finally waking up. As the leader of all altcoins, this is a great sign for the broader alt market. Our ETH trade is nearing its first take-profit target. Alhamdulillah, we've already hit the first, second, and even third take-profit targets on several of our signals! Our signals list continues to grow, so stay connected to keep up with all the latest opportunities.

Final Thoughts

Thank you for your continued trust and support. Stay tuned for more updates, and I wish you all a profitable week ahead. Keep pushing forward, and have a wonderful day!