🔴Crypto Bleeds as US Stock Market Sheds $1.5 Trillion The | SAMIULLAH_AKBARI в Binance Square

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SAMIULLAH_AKBARI

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🔴Crypto Bleeds as US Stock Market Sheds $1.5 Trillion
The US stock market saw a massive $1.5 trillion loss in a single day, dragging crypto prices down alongside traditional assets.

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SAMIULLAH_AKBARI

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$BTC 1. Trend Channel: • Bitcoin is currently trading within an upward trend channel (white dashed lines). • The lower white trendline acts as a support, and the upper white line serves as resistance. 2. Key Observation: • If Bitcoin breaks below the lower white trendline, it signals a potential end to the current upward momentum. This could trigger a pullback towards the blue support levels. 3. Next Targets (Blue Lines): • If the price falls below the trendline: • First Support Level: ~$94,120 • Second Support Level: ~$91,417 • Third Support Level: ~$87,057 • These levels could act as potential support zones based on historical price action. 4. Volume Analysis: • The volume appears to be significant during recent moves, indicating active participation and strong momentum in either direction. 5. Critical Resistance: • If Bitcoin stays within the channel, the next upward target lies near the upper resistance (approximately ~$107,221 or higher). Conclusion: If Bitcoin breaks below the trendline, the $94,120, $91,417, and $87,057 levels will likely serve as key downside targets. However, if it maintains the channel, further upside continuation towards $107,221 or higher is possible. Monitoring volume and candlestick patterns will provide additional confirmation for the direction.

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In the past 24 hours , 368,486 traders were liquidated , the total liquidations comes in at $1.22 billion The largest single liquidation order happened on Binance - ETHUSDT value $15.80M$BTC $ETH $SOL

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Hut 8 today announced the purchase of approximately 990 Bitcoin for approximately $100 million, or an average of approximately $101,710 per Bitcoin. Combined with the Bitcoin held prior to this purchase, Hut 8’s strategic Bitcoin reserve now totals more than 10,000 Bitcoin with a market value of more than $1 billion as of December 18, 2024.$BTC

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$ADA Just check my prediction I did yesterday about $ADA

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$ADA ADA/ USDC Technical analysis As I mentioned $ADA broke below the triangle and it is on first target level 🔘$1.1043 If it breaks below the next target are 🔴second target: $1.0792 🔴third target: $0.9454

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