According to CoinDesk: Bitcoin remained relatively stable over the weekend, trading between $54,000 and $55,000, following the liquidation of over $220 million in crypto long positions due to a weaker-than-expected U.S. jobs report. Traders are now eyeing significant events this week, including a U.S. presidential debate and the release of key economic indicators like the Consumer Price Index (CPI) and Producer Price Index (PPI).BTC Trading Flat, But Analysts See ValueWhile major tokens like Ether (ETH), Solana (SOL), Cardano (ADA), and Ripple’s XRP showed minimal changes, some mid-cap tokens like memecoin Neiro (NEIRO) and BitTorrent token (BTT) surged by 25%. Despite the broader market's sluggish activity, analysts at Presto Research believe Bitcoin is currently undervalued.In a Monday note, Peter Chung and Min Jung from Presto Research stated that Bitcoin’s record-high network security makes it an attractive investment. “The hashrate, or computational power securing the Bitcoin network, has hit an all-time high of 679 EH/s, making it the most secure network by far,” they noted, adding that, “BTC seems grossly undervalued at the moment.”Macroeconomic Factors Impacting BTCBitcoin miners have been expanding capacity since August, and this increase in hashrate typically marks a price bottom for the asset. Market analysts are keeping a close eye on U.S. payroll figures, which recently showed a weaker labor market, and the upcoming CPI and PPI reports, both of which will provide insights into inflation trends.“Lower-than-expected payroll data is dominating the market sentiment at the moment,” Lucy Hu, senior analyst at Metalpha, told CoinDesk. Hu added that volatility could remain high leading up to the Federal Reserve's next meeting.Political Developments to WatchAlongside economic indicators, the market is also focusing on the upcoming presidential debate between Republican candidate Donald Trump and Democrat Kamala Harris. Trump has previously expressed his intention to make the U.S. the "crypto capital" of the world, while Harris is also reportedly considering policies to support the growth of the cryptocurrency industry.With key economic data releases and political events scheduled for this week, Bitcoin could see significant price movement. Traders and analysts alike are closely monitoring market sentiment, with many believing that Bitcoin is undervalued due to its strong fundamentals, despite prevailing macroeconomic concerns.

1. **Current Price Action**: The price is above the 60-period moving average (MA60), suggesting bullish momentum. However, the MACD shows a negative divergence with a slight decrease, indicating potential short-term bearish pressure.

2. **Volume**: There was significant volume earlier, but it has recently tapered off, which might signal the end of a bullish run or a pause before the next movement.

3. **MACD Analysis**: The MACD histogram bars are decreasing, and the lines (DIF and DEA) are showing a bearish crossover potential. This may imply short-term bearishness.

### **Trading Strategy**

#### **Long Position**
- **Entry Point**: If the price can hold above the 0.4050 support level and break above 0.4200 with increased volume, it could indicate a continuation of the uptrend.
- **Take Profit (TP)**: Aim for 0.4400 as an initial target, with an extended target around 0.4500 if momentum sustains.
- **Stop Loss (SL)**: Set at 0.3980, just below the support zone and MA60.
- **Trade Duration**: Short to medium-term, depending on how quickly price hits the target.

#### **Short Position**
- **Entry Point**: If the price drops below 0.4050 and fails to reclaim it, this could signal a bearish reversal.
- **Take Profit (TP)**: Set a target at 0.3900, with a more conservative target at 0.3800 if bearish momentum increases.
- **Stop Loss (SL)**: Set at 0.4130, just above recent resistance.
- **Trade Duration**: Short-term to medium-term, depending on how the trend develops.

### **Contingency Planning**

1. **Plan A**:
- If price breaks out significantly from the chosen entry level in your favor, consider adjusting the stop loss to breakeven or trailing it to lock in profits.

2. **Plan B**:
- If the price consolidates without hitting TP or SL, stay patient and allow the market to choose a direction. If consolidation is prolonged, consider exiting at the breakeven point.

3. **Plan C**:
- If the price reverses direction after entry and reaches 50% of the TP level against your position, consider reducing position size to limit losses.

4. **Plan D**:
- If price movement is very erratic with high volatility, consider exiting the trade entirely and waiting for clearer market conditions before re-entering. #DogeArmyComeBack #FedRateStrategy #AltCoinSeason $STG

Turning a modest $200 into an impressive $2 million may sound improbable, but with calculated steps and valuable lessons, I turned this vision into reality. The path was not without its trials; it required staying alert and practicing discipline to safeguard my investments and maximize opportunities. Below, I reveal five crucial pitfalls I successfully dodged, decisions that shielded my capital and positioned me for remarkable growth.

1. Steering Clear of the “Quick Win” Allure

At the beginning of my journey, I was drawn to the promise of swift gains through high-risk investments and rapid-return schemes. While tales of overnight success can be captivating, they are often accompanied by steep risks and heavy losses. A Better Path: I opted for investments that prioritized sustainability and long-term growth, choosing proven assets like established stocks, mutual funds, and real estate. While these choices lacked the thrill of high-stakes gambles, they offered dependable growth and reduced my exposure to erratic market movements.
Key Takeaway: Wealth creation is a patient process. Resist the lure of impulsive, high-risk ventures, and instead, build a well-rounded portfolio that promotes consistent and secure growth over time.

2. Investing Without a Defined Strategy

In the early days, I dabbled in various investments without a coherent plan, leading to haphazard results that nearly derailed my progress. What Worked Instead: I devised a comprehensive financial strategy that outlined clear goals and benchmarks. This plan included crucial elements such as an emergency fund and defined retirement targets, acting as a compass to guide my investment choices.
Lesson Learned: Always approach investing with a structured plan. It brings clarity and direction, ensuring your financial decisions align with your overarching objectives.

These strategies were pivotal in shifting my financial approach and ultimately set the stage for my success.
#Awarness #Write2Earn! #CPI_BTC_Watch #SOLFutureRise #DogeArmyComeBack $USDC $BNB $DOGE

$BTC $BTC $BTC
If you're still holding out for Bitcoin to retreat to the $40,000 or $50,000 range, it's time for a serious reality check. The current market trend is unmistakable—even the least seasoned investor can spot it. Don’t fall victim to hopeful illusions while opportunities pass by.

Bitcoin has shattered its previous all-time highs and embarked on a new path of price discovery. The current market environment, fueled by a surge in risk indicators, suggests that caution with leveraged positions is wise. Yet, should we witness any retracement from these levels, it would present an ideal entry point for a long-term buy. Expecting a dip below the $66,000-$67,000 range at this stage is highly improbable.

The backdrop is clear: Trump’s election victory, UK pension funds beginning to embrace Bitcoin, an upcoming FOMC meeting that could usher in rate cuts, soaring global liquidity, and widespread market optimism all suggest one thing—Bitcoin’s ascent is far from over. Are you still holding out for a return to $40,000? It’s time to adjust expectations and stay ahead of the curve.

What’s your perspective? Share your thoughts, spread the word, and don’t forget to follow for more insights!
#bitcoin☀️ #Bitcoin❗ #Write2Earn! #CPI_BTC_Watch #BTC☀