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IS IT THE RIGHT TIME TO BUY $ALTCOINS ?
(In Depth Analysis🧵)
📌 $BTC .D Took Support on 200 MA in 1D Timeframe Suggesting Strong Bullish Trend. $USDT.D is Also Taking Support from Previous Support Zones.
📌 The 90 Day Percentage Change in $BTC .D also Turned Positive. This is Bad for $Altcoins because this Last for Weeks/Months.
📌 The Dominance of All Stablecoin are Also Taking Support from Previous Trendline-SupportZones. If It Again Rises then its Really Bad for $Altcoins.
📌 The Social Media Interest is Also Declining Including Wikipedia, X and Many More. That Clearly Means Altcoins Euphoria hasn't Happened Yet.
📌 The Weekly RSI of Many $Altcoins are Still Above 70 Including $ENA,$XLM,$LINK,$XRP and Many More. That Means it's Not the Best Time to Invest.
📌 Currently it is Best to be in $Stablecoins Aside Scalp Trading. Currently We Don't Suggest to Invest in $BTC + $Altcoins.
| Analyst Team | ⚡️
$BTC
#USUALBullRun #BTCNextMove
(In Depth Analysis🧵)
📌 $BTC .D Took Support on 200 MA in 1D Timeframe Suggesting Strong Bullish Trend. $USDT.D is Also Taking Support from Previous Support Zones.
📌 The 90 Day Percentage Change in $BTC .D also Turned Positive. This is Bad for $Altcoins because this Last for Weeks/Months.
📌 The Dominance of All Stablecoin are Also Taking Support from Previous Trendline-SupportZones. If It Again Rises then its Really Bad for $Altcoins.
📌 The Social Media Interest is Also Declining Including Wikipedia, X and Many More. That Clearly Means Altcoins Euphoria hasn't Happened Yet.
📌 The Weekly RSI of Many $Altcoins are Still Above 70 Including $ENA,$XLM,$LINK,$XRP and Many More. That Means it's Not the Best Time to Invest.
📌 Currently it is Best to be in $Stablecoins Aside Scalp Trading. Currently We Don't Suggest to Invest in $BTC + $Altcoins.
| Analyst Team | ⚡️
$BTC
#USUALBullRun #BTCNextMove
#NMR buy here
Entry: 14.8 - 13
Target: 0.165 - 0.19 - 0.23+
$NMR
#BTCNextMove #MarketCorrectionBuyOrHODL?
Entry: 14.8 - 13
Target: 0.165 - 0.19 - 0.23+
$NMR
#BTCNextMove #MarketCorrectionBuyOrHODL?
As of December 21, 2024, Bitcoin (BTC) is trading at approximately $97,506, reflecting a slight increase of about 0.68% over the previous close.
Earlier this month, Bitcoin surpassed the $100,000 milestone for the first time, reaching a peak of over $103,000. This surge was largely attributed to optimism surrounding regulatory clarity and the anticipated pro-crypto stance of the incoming Trump administration. The nomination of Paul Atkins, known for his favorable view on cryptocurrencies, as the new SEC chair has further bolstered investor confidence.
In the options market, there has been a notable increase in demand for protective puts, indicating that some investors are positioning for potential price declines. This sentiment emerged after Bitcoin narrowly missed the $100,000 mark in late November, peaking at $99,830 before retreating over 8% to a low of $91,377. The upcoming options expiry on December 27, involving approximately $11.8 billion, is expected to contribute to market volatility.
Technical analysis suggests that Bitcoin's dominance in the cryptocurrency market has reached its highest level since March 2021, with the Bitcoin Dominance Index (BDI) hitting 61.39%. This indicates a strong bullish trend, with key support levels identified between $70,000 and $73,000. However, the Relative Strength Index (RSI) readings above 80 suggest overbought conditions, which may precede a price correction.
#BTCNextMove #btcnews $BTC
$ETH
Earlier this month, Bitcoin surpassed the $100,000 milestone for the first time, reaching a peak of over $103,000. This surge was largely attributed to optimism surrounding regulatory clarity and the anticipated pro-crypto stance of the incoming Trump administration. The nomination of Paul Atkins, known for his favorable view on cryptocurrencies, as the new SEC chair has further bolstered investor confidence.
In the options market, there has been a notable increase in demand for protective puts, indicating that some investors are positioning for potential price declines. This sentiment emerged after Bitcoin narrowly missed the $100,000 mark in late November, peaking at $99,830 before retreating over 8% to a low of $91,377. The upcoming options expiry on December 27, involving approximately $11.8 billion, is expected to contribute to market volatility.
Technical analysis suggests that Bitcoin's dominance in the cryptocurrency market has reached its highest level since March 2021, with the Bitcoin Dominance Index (BDI) hitting 61.39%. This indicates a strong bullish trend, with key support levels identified between $70,000 and $73,000. However, the Relative Strength Index (RSI) readings above 80 suggest overbought conditions, which may precede a price correction.
#BTCNextMove #btcnews $BTC
$ETH
Long #FLM 10x lev here . Target : 80 - 100%
#FLM Burns is coming ... 👀🚀🚀🔥🔥
follow me for more..... 🚀🚀
#BTCNextMove #FLM
$FLM
#FLM Burns is coming ... 👀🚀🚀🔥🔥
follow me for more..... 🚀🚀
#BTCNextMove #FLM
$FLM
Bitcoin Tecnical Analysis 🔥🔥
The current market has experienced a slight decline. BTC support is at 97700, and ETH support is at 3440. If both levels are broken, there is still room for a downward trend. In that case, long positions should set a stop loss, and short orders can be initiated.
$BTC
$ETH
#BTCNextMove #USJoblessClaimsFall #MarketCorrectionBuyOrHODL?
$BTC
$ETH
#BTCNextMove #USJoblessClaimsFall #MarketCorrectionBuyOrHODL?
Bitcoin (BTC) has experienced significant volatility in December 2024, reaching an all-time high of approximately $108,100 on December 16, followed by a correction to around $95,700.
This correction aligns with increased outflows from Bitcoin Exchange-Traded Funds (ETFs), indicating potential profit-taking by investors.
Despite this short-term volatility, the long-term outlook for Bitcoin remains bullish, supported by:
Institutional Adoption: The approval of Bitcoin-holding ETFs has diversified investment opportunities and increased market participation.
Regulatory Environment: The election of a crypto-friendly U.S. president has bolstered market optimism, with expectations of supportive policies contributing to Bitcoin's rise.
Market Dynamics: A significant increase in stablecoin supply, reaching a record high, indicates ample liquidity in the crypto market, which often precedes bullish movements in Bitcoin.
Technical analysis suggests that while Bitcoin has experienced short-term corrections, the medium to long-term trends remain bullish. Indicators such as the Moving Average Convergence Divergence (MACD) are still increasing, and the Relative Strength Index (RSI) has not yet signaled overbought conditions.
However, it's important to note that Bitcoin's price is subject to volatility, and past performance does not guarantee future results. Investors should consider these factors and conduct thorough research before making investment decisions.
For a more in-depth technical analysis, you may find the following video helpful:
Understanding the Bullish and Bearish BTC Scenarios
#BTCNextMove
#btcanalysis
#USUALBullRun
$BTC $XRP
This correction aligns with increased outflows from Bitcoin Exchange-Traded Funds (ETFs), indicating potential profit-taking by investors.
Despite this short-term volatility, the long-term outlook for Bitcoin remains bullish, supported by:
Institutional Adoption: The approval of Bitcoin-holding ETFs has diversified investment opportunities and increased market participation.
Regulatory Environment: The election of a crypto-friendly U.S. president has bolstered market optimism, with expectations of supportive policies contributing to Bitcoin's rise.
Market Dynamics: A significant increase in stablecoin supply, reaching a record high, indicates ample liquidity in the crypto market, which often precedes bullish movements in Bitcoin.
Technical analysis suggests that while Bitcoin has experienced short-term corrections, the medium to long-term trends remain bullish. Indicators such as the Moving Average Convergence Divergence (MACD) are still increasing, and the Relative Strength Index (RSI) has not yet signaled overbought conditions.
However, it's important to note that Bitcoin's price is subject to volatility, and past performance does not guarantee future results. Investors should consider these factors and conduct thorough research before making investment decisions.
For a more in-depth technical analysis, you may find the following video helpful:
Understanding the Bullish and Bearish BTC Scenarios
#BTCNextMove
#btcanalysis
#USUALBullRun
$BTC $XRP
Just Copy from Arnab
The market will become volatile tonight at 1:00 AM. Stay away from futures.
gala update
Trades running in greatttt profit 💪💪💪💪
How much money you guys made from $ETH on my signal???
Comment Below your profit
#Write2Earn! #ETHCrosses4K #BinanceNextWave #Share1BNBDaily
How much money you guys made from $ETH on my signal???
Comment Below your profit
#Write2Earn! #ETHCrosses4K #BinanceNextWave #Share1BNBDaily
is it possible
$GALA
Don't miss chance 💹
It buying zone . Soon reach 0.15
Don't miss chance 💹
It buying zone . Soon reach 0.15
it’s will up or down.
$GALA has just been liquidated with a $50.5K short at $0.0601!
The market is in motion, and this action-packed shift is stirring up major waves.
$GALA ’s volatility is on full display—investors are on edge as the price continues to fluctuate rapidly.
With a short liquidation like this, the momentum could swing in either direction.
Stay alert—$GALA ’s next move could be the tipping point!
Make sure you're positioned for what comes next!
#XRPTrends
#NFTIsBack
#XRPReclaimsTop3
#ETHOnTheRise
#MicrosoftBTCInvestmentVote
The market is in motion, and this action-packed shift is stirring up major waves.
$GALA ’s volatility is on full display—investors are on edge as the price continues to fluctuate rapidly.
With a short liquidation like this, the momentum could swing in either direction.
Stay alert—$GALA ’s next move could be the tipping point!
Make sure you're positioned for what comes next!
#XRPTrends
#NFTIsBack
#XRPReclaimsTop3
#ETHOnTheRise
#MicrosoftBTCInvestmentVote