El Salvador has just added another 11 Bitcoin to their Bitcoin Strategic Reserve! According to the latest data, on Jan 8, 2025, at 4:56:46 PM, their balance increased by 11 BTC, bringing their total to 6022.18313577 BTC. #bitcoin #crypto #ElSalvador
Past data showed a clear path, but current trends are breaking records. With volume at 2.23M and rising, the momentum is strong.
Strategy Update: Hold or Sell? You might want to hold longer. The bull run could still be in its early stages.Watch the Volume: Steady volume growth is a good sign, but sudden spikes might mean a peak is near.
Remember: Stay Flexible: The crypto market changes fast. Strategies that worked before may need adjustments.Diversify: Even in a strong market, spreading your investments helps protect against risks.
🚀#bitcoin Market Analysis: Are We Nearing the Peak of the Bull Cycle?📈
The cryptocurrency market seems to be following a familiar boom-bust cycle. Here's what the latest data suggests:
1. Current Cycle: Since January 2023, Bitcoin has seen significant growth in both duration and price, with a 36% of Bitcoin traded for less than a month (based on realized market cap - UTXO).
2. Market Sentiment: The trend in the percentage of short-term holders is a key indicator. Historically, peaks in this ratio have preceded market tops, suggesting we might be close to the end of this bull run.
3. Cycle Timeline: Expectations are set for the market to potentially peak in Q1 or Q2 of 2025. However, this cycle might not be straightforward, with potential for multiple sharp rises before the final peak.
4. Investment Strategy: Given these insights, it's wise to approach with caution. I'm planning to gradually reduce my holdings to manage risk, especially as we might see further volatility.
5. Chart Insight: The chart shows distinct cycles of Bitcoin's price alongside the UTXO age bands. Notice the correlation between the peaks in short-term holders and price tops.
Stay informed, manage your risks, and maybe it's time to consider locking in some gains. What's your strategy as we approach what might be the cycle's end?
Bitcoin Dominance is set to plummet! 📉Get ready for the ultimate #Altseason ! 🔥 This quarter promises to be EPIC for altcoins—don't miss out on the action! 🚀 🚀 Prepare your bags! 🚀 Diversify your portfolio! #Altseason #crypt #Altcoins!
KEKE is a low-market cap gem available on DEXs, showing strong potential for growth. The chart indicates a bullish triangle pattern with a possible 1300%+ upside. Our strategy is accumulating during dips for potential gains in the coming months.
#FET❤️ Fetch is transforming the AI and blockchain space with a decentralized machine-learning network. Its platform democratizes AI access, enabling secure, autonomous task execution globally. From optimizing DeFi services to improving smart grids, the use cases are vast.
Our strategy for #FET is to accumulate during market dips, positioning for long-term growth as demand for AI solutions rises. #FET is set for future gains.
Manta Network is revolutionizing the web3 space with its modular ecosystem. Built for speed and privacy, Manta offers faster transactions than Layer 1 and cheaper fees than Layer 2 solutions. With its zero-knowledge technology and a native token (MANTA) for rewards, it’s creating a vibrant, community-driven platform.
Our strategy for #MANTA is to accumulate during price consolidations, aiming to take advantage of growth potential in the future. With a mid-market cap and potential for volatility, MANTA represents a strong opportunity for long-term growth.
The accumulation zone for MANTA is $1–$0.80. DYOR, NFA
#bitcoin is testing an important resistance level between $98,000 and $100,000. This level has been a strong barrier before, showing it could be a key supply zone.
If Bitcoin breaks above this zone, it might head towards the All-Time High (ATH) resistance at $110,000. But if it fails to break through, it could return to the $91,000 support level.
Bitcoin is still in an uptrend, and its bullish structure remains intact Patience and discipline are important as we wait for the next move!
🚨 FTX Repayments Begin: $16B to Creditors 🚨 Starting today, Jan 3, 2025, FTX kicks off its $16B repayment plan under court approval. Here’s the breakdown: 🔹 Jan 3: Initial Distribution Record Date 🔹 Feb/Mar: $1.2B first wave for claims under $50K (119% payout) 🔹 Claims over $50K: ~$10.5B set for later
Comparing the 2017, 2021, and 2025 bull runs reveals a fascinating similarity:
🔹 Each cycle experiences mid-run corrections ranging from -25% to -40%! 🔹These corrections fuel the next leg up to new all-time highs. 🔹2024-2025 is shaping up to follow this historical trend. Therefore, it will be expected if we see a drop of around 25% to 30%.
🚨 No major movement in #Bitcoin❗ It’s still trading within the triangle pattern. Keep a close eye on it and enjoy your weekend, I will keep updating! 😎
CRYPTOMOJO
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Мечи
#Bitcoin DROP ALERT 🚨
$BTC is forming a descending triangle on the 1-hour time frame.
A breakdown of this pattern could target $86,000 (-14%), while a breakout above the trendline resistance may signal a bullish reversal.
Keep a close eye on it to confirm the next moves, and don’t forget to follow me for more updates! DYOR, NFA