Satoshi

Bitcoin

when

Time

Coin

<p>The crypto market has continued to bleed, with Bitcoin dipping and breaking below key supports. This is the time when many bold investors are trying to buy the dip. But the question remains when is the right time to buy Bitcoin again.</p>
<p>Crypto analyst <a href="https://www.tradingview.com/chart/BTCUSD/LMAmKrqs-The-Right-Time-To-Buy-Bitcoin-When/" target="_blank" rel="noopener noreferrer nofollow">Alan Santana</a> has delved into this topic to share his analysis of Bitcoin’s current situation and when it would potentially be the right time to buy BTC.</p>
<h2 class="wp-block-heading" id="understanding-bitcoin-s-current-market-phase">Understanding Bitcoin’s current market phase</h2>
<p>In his latest analysis, Santana shares the importance of understanding market phases before making any investment decisions. He has shared two key phases in Bitcoin’s price action.</p>
<p>The first one is the distribution phase. This phase happens after a new all-time high and usually leads to lower prices.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="770" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-156-1024x770.png" alt="" class="wp-image-521152" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-156-1024x770.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-156-300x226.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-156-767x577.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-156-1536x1155.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-156-2048x1540.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-156-199x150.png 199w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-156-100x75.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-156-465x350.png 465w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-156-788x592.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-156.png 1161w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Santana highlighted that Bitcoin has been in a distribution phase for the past three months.</p>
<p>The next one is the accumulation phase. This phase follows a major low and generally precedes higher prices. It involves a new consolidation pattern forming at support levels.</p>
<p>Santana stated that Bitcoin is currently in the distribution phase. He confirms this, showing the breakdown of a long-term consolidation pattern.&nbsp;</p>
<h2 class="wp-block-heading" id="surviving-the-current-bearish-wave">Surviving the current bearish wave</h2>
<p>Santana stated that Bitcoin is moving lower within a bearish wave. He stated that, while the downward movement is clear, the exact bottom remains unclear.</p>
<p>He also noted that market whales and trading algorithms adapt in real-time to market sentiment and analysis.</p>
<p>Santana asks investors to watch for multiple signals from the chart that will confirm when the low or bottom is established.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>The analyst spoke about a scenario where the bottom might only be available for a few hours. He also stated that this could be followed by a “higher low retest.”</p>
<p>In this case, he projects that the next wave could push Bitcoin beyond $150,000. He also thinks it could reach $186,000 or even surpass $200,000.</p>
<p>Santana stated that patience is the key and asked to wait for a market crash before anticipating bullish growth.</p>
<p><strong><em>Read more:&nbsp;<a href="https://captainaltcoin.com/second-largest-bitcoin-btc-price-collapse-in-history-just-happened-but/" target="_blank" rel="noopener noreferrer nofollow">Second-largest Bitcoin (BTC) Price Collapse in History Just Happened, But…</a></em></strong></p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/crypto-analyst-shares-the-right-time-to-buy-bitcoin-btc/" rel="noopener noreferrer nofollow">Crypto Analyst Shares The Right Time To Buy Bitcoin (BTC)</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Crypto Analyst Shares The Right Time To Buy Bitcoin (BTC)

Table of Contents

CaptainAltcoin

Другие статьи, опубликованные 5 июл. 2024 г.

Dogecoin Faces a 23% Decline Heading to Yearly Low

Dogecoin Price Prediction: DOGE Plummets 9% As Whale Moves $41M Dogecoin, But This P2E DOGE Deriv...

The Bistroo Breakdown: Monthly Progress Report — June 2024

Crypto Ponzi Scheme Busted: US Court Orders Hedge Fund Owner To Pay $84 Million

Trump the Felon (TRUMPFEL) Memecoin Investor Makes Over 5,000% Profit, But Waits For Another 18,0...

Bitcoin Options Expiry Reflects Bearish Market Sentiment

Join our free newsletter for daily crypto updates!