All opinions Top Picks Most Discussed Crypto Premium Traders API
hold
BTC

Bitcoin Near $117k — Consolidation, Watch 4.79M TL Support

I see Bitcoin trading at $117,401.80 (4,820,251 TL), down about 1.39% on the session but up 0.28% week-to-date. Today's range is 4,794,343–4,870,625 TL with volume around 19,073,544 TL.

I'm cautious: the intraday dip looks like a minor pullback inside a shallow consolidation. Key levels to watch are support near 4.79M TL and resistance near 4.87M TL.

Source available for registered users Sign Up Free

Analysis

Intraday weakness is modest while the weekly change is slightly positive, indicating sideways action rather than a clear trend. Volume is neither strongly bullish nor bearish, so price action around t...

Recommendation

I'm staying neutral and holding for now. Wait for a decisive breakout above 4.87M TL for bullish confirmation or consider buying on weakness if support near 4.79M TL holds; otherwise reduce exposure i...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in:

watch
BTC

Bitcoin Slight Pullback — Watching for Breakout Above Recent High

Bitcoin trades at $117,433 with a mild intraday pullback and small weekly gains; monitor breakout above 4,870,625 TRY or breakdown below 4,794,343 TRY.
Read full + analytics
buy
BTC

Musk’s Bitcoin Bet Validated as BTC Shows Resilience

Elon Musk’s support for Bitcoin looks validated as BTC demonstrates price resilience and renewed investor interest; consider measured accumulation and risk management.
Read full + analytics
buy on weakness
BTC

Musk’s BTC Bet Looks Vindicated — Be Patient on Entries

Elon Musk’s support has helped Bitcoin’s resilience; I’m constructive long-term but recommend buying on dips given high volatility.
Read full + analytics
buy
BTC

Musk’s Bitcoin Bet Validated — Constructive but Cautious on BTC

Elon Musk’s support has reinforced Bitcoin’s narrative; I view BTC positively for long-term investors but advise disciplined, risk-managed buying.
Read full + analytics
watch
BTC

Bitcoin update — Range-bound; wait for breakout or buy on weakness

Bitcoin appears range-bound with mixed signals; monitor macro and on-chain flows and wait for a confirmed breakout or scale in on weakness.
Read full + analytics
comment
BTC

Bitcoin Update — Monitor Consolidation, Wait for Confirmation

Bitcoin is consolidating with mixed momentum and low volume; wait for a confirmed breakout or consider scaling in on weakness with tight risk controls.
Read full + analytics
comment
BTC

Bitcoin Update — Range-Bound, Watch Volume and Macro Catalysts

Brief Bitcoin update: BTC is range-bound; watch volume, macro catalysts and a breakout for conviction. Favor caution until a clear directional move.
Read full + analytics
risky
BTC

Caution: Flash BTC/USDT Offers Look Risky — Verify On-Chain Proof and Use Regulated Venues

Promotional offer for instant TRC20/BEP20 BTC and USDT delivery appears risky; verify on-chain proof, avoid private DM deals, and use regulated exchanges for significant purchases.
Read full + analytics
don't buy
BTC

Beware: Bitcoin Doubler Promise — Likely Scam

This Bitcoin 'doubler' pitch promising 2x–5x in three hours is almost certainly a scam; do not send BTC and report the offer.
Read full + analytics
sell
BTC

Large $299K BTC Long Liquidated at $117,343 — Short-term Bear Pressure

A $299K Bitcoin long was liquidated at $117,343.40, signaling short-term bearish pressure and higher volatility; reduce long exposure or wait for consolidation.
Read full + analytics