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Crypto-Lover-artist
@cryptoloverartist
I have been in crypto since 2016, on Binance since 2021. I love cryptocurrencies. I am also an artist and a designer. Trading is my first love!
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Over the past week, Bitcoin (BTC) has experienced notable volatility, reaching a new all-time high of over $106,000 before declining to approximately $99,600.
Technical Indicators:
Moving Averages (MAs):
Short-Term (5-Day): BTC is trading below the 5-day MA of $103,200, indicating recent bearish momentum.
Medium-Term (20-Day): The 20-day MA stands at $98,696, suggesting that despite the recent dip, the medium-term trend remains positive.
Long-Term (50-Day): The 50-day MA is at $84,967, reflecting a strong upward trend over the past two months.
Relative Strength Index (RSI): The 14-day RSI is at 60.37%, indicating that BTC is neither overbought nor oversold, but closer to overbought territory.
Stochastic Oscillator: The 14-day %K value is at 63.36%, suggesting moderate bullish momentum.
Support and Resistance Levels:
Support: Immediate support is around $98,000, which has been tested recently.
Resistance: The next significant resistance is at $104,000, a level that BTC has struggled to surpass in recent sessions.
Recommendations:
For Short-Term Traders: Given the current volatility and the recent dip below the 5-day MA, caution is advised. Consider waiting for a clear breakout above the $104,000 resistance before entering new positions.
For Long-Term Investors: The overall bullish trend, as indicated by the 50-day and 100-day MAs, suggests that holding positions could be beneficial. However, be prepared for potential short-term fluctuations.
Conclusion:
While Bitcoin has shown impressive gains recently, the current technical indicators point to a period of consolidation. Monitoring key support and resistance levels, along with technical indicators like the RSI and moving averages, will be crucial in making informed trading decisions.
Either short $BTC or wait for it and buy in dip!
Technical Indicators:
Moving Averages (MAs):
Short-Term (5-Day): BTC is trading below the 5-day MA of $103,200, indicating recent bearish momentum.
Medium-Term (20-Day): The 20-day MA stands at $98,696, suggesting that despite the recent dip, the medium-term trend remains positive.
Long-Term (50-Day): The 50-day MA is at $84,967, reflecting a strong upward trend over the past two months.
Relative Strength Index (RSI): The 14-day RSI is at 60.37%, indicating that BTC is neither overbought nor oversold, but closer to overbought territory.
Stochastic Oscillator: The 14-day %K value is at 63.36%, suggesting moderate bullish momentum.
Support and Resistance Levels:
Support: Immediate support is around $98,000, which has been tested recently.
Resistance: The next significant resistance is at $104,000, a level that BTC has struggled to surpass in recent sessions.
Recommendations:
For Short-Term Traders: Given the current volatility and the recent dip below the 5-day MA, caution is advised. Consider waiting for a clear breakout above the $104,000 resistance before entering new positions.
For Long-Term Investors: The overall bullish trend, as indicated by the 50-day and 100-day MAs, suggests that holding positions could be beneficial. However, be prepared for potential short-term fluctuations.
Conclusion:
While Bitcoin has shown impressive gains recently, the current technical indicators point to a period of consolidation. Monitoring key support and resistance levels, along with technical indicators like the RSI and moving averages, will be crucial in making informed trading decisions.
Either short $BTC or wait for it and buy in dip!
It's the #BinanceSeason so don't worry if the crypto market is in red! You can still make money !!
How about selling ?
Check out $YFI , $XRP and $VANA which you can short!!
Always make money! even in bear markets!
💵💲💵🚀👇
How about selling ?
Check out $YFI , $XRP and $VANA which you can short!!
Always make money! even in bear markets!
💵💲💵🚀👇
Check my last posts , my predictions have been consecutively correct. Told everyone markets will fall!
even though the US Feds decreases interest rates by 25 bases points, it wasn't enough to stop the massive liquidation . US stock market lost 1.5 Trillion in a day !
and now Our crypto is somewhat correlated to that..
Also, this is a GOOD buying opportunity
$BTC is very attractive under 100k
Also check out KASPA (KAS) (its not on Binance yet)
$BNB is also attractive at lower levels!
#MarketCorrectionBuyOrHODL
even though the US Feds decreases interest rates by 25 bases points, it wasn't enough to stop the massive liquidation . US stock market lost 1.5 Trillion in a day !
and now Our crypto is somewhat correlated to that..
Also, this is a GOOD buying opportunity
$BTC is very attractive under 100k
Also check out KASPA (KAS) (its not on Binance yet)
$BNB is also attractive at lower levels!
#MarketCorrectionBuyOrHODL
$1 Red Packet!
claim now
https://safu.im/iD2UWAbl?utm_medium=web_share_copy
claim now
https://safu.im/iD2UWAbl?utm_medium=web_share_copy
Why is #BinanceSquare out of points ? Since yesterday, I can't claim points for any deeds (check in, posting , sharing etc)
See screenshot below (the error)
any idea what is happening and why?!?
#helpmeplease
See screenshot below (the error)
any idea what is happening and why?!?
#helpmeplease
$BNB is actually a great coin for long term HODLing
I've gotten a lot of benefits . I bought BNB at 560$ and have kept it . Got many launchpool / launchpad coins like VANA, USUAL, HMSTER etc
Still think there'sa lot of Long term play
instead of keeping your wealth in USDT, keep it in #BNB
in think its even better than $SOL
prove me wrong !?
I've gotten a lot of benefits . I bought BNB at 560$ and have kept it . Got many launchpool / launchpad coins like VANA, USUAL, HMSTER etc
Still think there'sa lot of Long term play
instead of keeping your wealth in USDT, keep it in #BNB
in think its even better than $SOL
prove me wrong !?
Crypto adoption is growing stronger than ever! 🌐🎉
With over 18 million users and counting, the decentralized future is here. Are you part of this revolution?
#CryptoUsersHit18M #blockchain
With over 18 million users and counting, the decentralized future is here. Are you part of this revolution?
#CryptoUsersHit18M #blockchain
**🚨 Free Crypto Alert! 💰 🚨**
Binance is Airdropping 1000CAT & PENGU to BNB Holders! 🚀
Ready to claim your free tokens? 🎁
Here's how:
* HODL $BNB : Simply hold BNB on Binance.
* Earn Rewards: Eligible holders will receive free 1000CAT and PENGU tokens.
Key Dates:
* 1000CAT Listing: Dec 17, 09:00 UTC
* PENGU Listing: Dec 17, 14:00 UTC
🔥Don't miss out on this exclusive airdrop!🔥
#BinanceAirdrop $PENGU $1000CAT
#BinanceAirdropsCATandPENGU
Binance is Airdropping 1000CAT & PENGU to BNB Holders! 🚀
Ready to claim your free tokens? 🎁
Here's how:
* HODL $BNB : Simply hold BNB on Binance.
* Earn Rewards: Eligible holders will receive free 1000CAT and PENGU tokens.
Key Dates:
* 1000CAT Listing: Dec 17, 09:00 UTC
* PENGU Listing: Dec 17, 14:00 UTC
🔥Don't miss out on this exclusive airdrop!🔥
#BinanceAirdrop $PENGU $1000CAT
#BinanceAirdropsCATandPENGU
isn't it linked to ETH?
LIVE
Binance News
--
WBETH Reaching a New All-Time High, Increase of 4.70% in 24 Hours
On Dec 16, 2024, 18:42 PM(UTC). according to Binance Market Data, WBETH has achieved a new all-time high, trading at 4,310.76 USDT. The 24-hour increase of 4.70%
how to easily join (and not be scammed)?
LIVE
BeInCrypto Global
--
Top 8 Airdrops for the Third Week of December
As crypto markets remain broadly bullish in the run-up to the year-end holidays, several airdrops provide exciting opportunities to earn tokens without any initial capital.
Airdrop farmers looking for top campaigns with tier-one investor backing have a long list to select from.
Lisk
Lisk has launched an airdrop campaign, announced on December 14, with a prize pool of approximately $15 million in Lisk tokens. The project boasts over 200,000 followers on X (formerly Twitter), including notable figures like Circle founder Jeremy Allaire and crypto czar David Sacks.
Participants earn points by completing tasks, which are later converted into LSK tokens. Accessing the campaign requires joining the Guild and completing a proof of humanity. Currently, only 15,000 participants have joined. Additionally, rewards can be enhanced by completing super tasks, such as collaborating with more of the project’s partners.
Polyhedra Network
This is a potential airdrop, coming after Polychain Capital and Binance Labs co-led a fundraiser that raised $45.04 million. Other participants include HashKey Capital, Animoca Brands, and OKX Ventures.
The project also launched a new network called EXPchain. Airdrop participants who test this new can qualify for another potential Airdrop from the project. Based on the project’s tokenomics, Polyhedra has another 7% of tokens allocated to Community, Airdrop, and Marketing.
Although the rewards for the EXPchain activity are unlikely, it may be reasonable to test the network. Polyhedra Network is also rewarding ZKJ stakers by airdropping Solana-based meme coins.
“We are kicking off a Community Joint Proposal to reward ZKJ stakers. We will be airdropping Solana memes to our community members with all rewards airdropped paid for by our Foundation,” said Polyhedra.
Mind Network
ind Network, an FHE-based voting infrastructure securing $15 billion in assets, plays a key role in enabling secure network consensus. Following a $12.50 million fundraiser with backing from Binance Labs, HashKey Capital, and Animoca Brands, Mind Network has announced its airdrop.
The project also launched the Citizen Z campaign, allowing participants to claim periodic encrypted rewards in vFHE. Users can delegate for maximum benefits in MindV tokens. Notably, those who previously participated in the Mind Network testnet may be eligible for a portion of vFHE rewards. For others, vFHE can be earned by completing tasks on Galxe.
“If you actively participated in our testnet before June (including past Testnet campaigns) — you’re eligible for a certain amount of vFHE reward,” Mind Network said.
Rivalz Network
This blockchain infrastructure project raised $26.96 million through multiple tiers fundraisers. The fundraisers were co-led by Delphi Ventures, Magnus Capital, D1 Ventures, and Gate.io. According to the project, if you used NodeOps while participating in the incentivized testnet from Rivalz Network, you qualify for airdrop from this project.
“To be eligible for the Wave One NODE Claim, you must be an existing NodeOps user. Tokens will be non-transferable until the Mainnet launch. If you missed out on Wave One, no reason to worry. Wave Two will introduce a new points system and exciting Testnet opportunities, powered by Atlas Network,” NodeOps shared.
Further, Rivalz Network also announced the launch of 3 epochs of rewarding testnet, which will total 5. Its token generation event (TGE) is expected in the fourth quarter (Q4) of 2024. The activities remain the same, so participants can use the initial guide. Additionally, the project resets points and converts them to RIZ tokens after the end of each epoch.
Superform
Superform is a decentralized finance (DeFi) project that raised $9.5 million from Polychain Capital, Circle, and VanEck, among others. Angel investors include BitMEX co-founder Arthur Hayes and LayerZero Labs co-founder and CEO Bryan Pellegrino.
It is also worth mentioning that Season 2 of the Superform Safari campaign has started, with interested participants asked to deposit to one of the vaults on Superform to earn CREDs (points).
“More deposit amount – more points. The campaign will run until April 20 [2025],” the announcement read.
Depending on how much CRED a participant accumulates by the end of the Season, they may qualify for a SuperFren NFT.
Gasp
Gasp raised $10.60 million in a fundraiser led by Polychain Capital, among others. As of the last round, the project’s valuation was $80 million. The status of the airdrop is confirmed, and with it, Gasp.xyz announced Gasp V3, the final testnet iteration of its decentralized exchange (DEX) protocol.
“V3 consolidates critical enhancements to deliver fast, gas-free, and secure cross-chain swaps across Ethereum and Arbitrum,” the project stated.
Additionally, Gasp announced its TGE on December 16. Before TGE, they launched another campaign on Galxe, in which participants completed tasks to earn NFT. This is the last activity before the airdrop.
Sahara AI
Blockchain infrastructure project Sahara AI is also among the top crypto airdrops to hunt this week after announcing a new product launch due on December 18. Against this backdrop, they have released another form that we can fill out to get on the whitelist.
“Something big is happening on December 18th,” Sahara AI said.
The Waitlist form is just one of the first activities of the Sahara project. In the future, the project will launch a testnet, with the waitlist form potentially a pass to the early stage of the testnet. The project boasts up to $43 million in funds raised from players such as Polychain Capital, Pantera Capital, Binance Labs, and Sequoia Capital, among others.
Xterio
GameFi project Xterio is also a key airdrop to watch for the third week of December after launching a new campaign named The BeFriend AI web. The airdrop offers participants a chance to earn XTER tokens, with participation involving inviting friends, interacting with AI, and completing tasks for points.
“The points will be converted into XTER tokens. The campaign will run until December 27,” the project noted.
These developments come after Xterio raised $55 million in a fundraiser in which Binance Labs, HashKey Capital, and Animoca Brands participated.
Airdrop farmers looking for top campaigns with tier-one investor backing have a long list to select from.
Lisk
Lisk has launched an airdrop campaign, announced on December 14, with a prize pool of approximately $15 million in Lisk tokens. The project boasts over 200,000 followers on X (formerly Twitter), including notable figures like Circle founder Jeremy Allaire and crypto czar David Sacks.
Participants earn points by completing tasks, which are later converted into LSK tokens. Accessing the campaign requires joining the Guild and completing a proof of humanity. Currently, only 15,000 participants have joined. Additionally, rewards can be enhanced by completing super tasks, such as collaborating with more of the project’s partners.
Polyhedra Network
This is a potential airdrop, coming after Polychain Capital and Binance Labs co-led a fundraiser that raised $45.04 million. Other participants include HashKey Capital, Animoca Brands, and OKX Ventures.
The project also launched a new network called EXPchain. Airdrop participants who test this new can qualify for another potential Airdrop from the project. Based on the project’s tokenomics, Polyhedra has another 7% of tokens allocated to Community, Airdrop, and Marketing.
Although the rewards for the EXPchain activity are unlikely, it may be reasonable to test the network. Polyhedra Network is also rewarding ZKJ stakers by airdropping Solana-based meme coins.
“We are kicking off a Community Joint Proposal to reward ZKJ stakers. We will be airdropping Solana memes to our community members with all rewards airdropped paid for by our Foundation,” said Polyhedra.
Mind Network
ind Network, an FHE-based voting infrastructure securing $15 billion in assets, plays a key role in enabling secure network consensus. Following a $12.50 million fundraiser with backing from Binance Labs, HashKey Capital, and Animoca Brands, Mind Network has announced its airdrop.
The project also launched the Citizen Z campaign, allowing participants to claim periodic encrypted rewards in vFHE. Users can delegate for maximum benefits in MindV tokens. Notably, those who previously participated in the Mind Network testnet may be eligible for a portion of vFHE rewards. For others, vFHE can be earned by completing tasks on Galxe.
“If you actively participated in our testnet before June (including past Testnet campaigns) — you’re eligible for a certain amount of vFHE reward,” Mind Network said.
Rivalz Network
This blockchain infrastructure project raised $26.96 million through multiple tiers fundraisers. The fundraisers were co-led by Delphi Ventures, Magnus Capital, D1 Ventures, and Gate.io. According to the project, if you used NodeOps while participating in the incentivized testnet from Rivalz Network, you qualify for airdrop from this project.
“To be eligible for the Wave One NODE Claim, you must be an existing NodeOps user. Tokens will be non-transferable until the Mainnet launch. If you missed out on Wave One, no reason to worry. Wave Two will introduce a new points system and exciting Testnet opportunities, powered by Atlas Network,” NodeOps shared.
Further, Rivalz Network also announced the launch of 3 epochs of rewarding testnet, which will total 5. Its token generation event (TGE) is expected in the fourth quarter (Q4) of 2024. The activities remain the same, so participants can use the initial guide. Additionally, the project resets points and converts them to RIZ tokens after the end of each epoch.
Superform
Superform is a decentralized finance (DeFi) project that raised $9.5 million from Polychain Capital, Circle, and VanEck, among others. Angel investors include BitMEX co-founder Arthur Hayes and LayerZero Labs co-founder and CEO Bryan Pellegrino.
It is also worth mentioning that Season 2 of the Superform Safari campaign has started, with interested participants asked to deposit to one of the vaults on Superform to earn CREDs (points).
“More deposit amount – more points. The campaign will run until April 20 [2025],” the announcement read.
Depending on how much CRED a participant accumulates by the end of the Season, they may qualify for a SuperFren NFT.
Gasp
Gasp raised $10.60 million in a fundraiser led by Polychain Capital, among others. As of the last round, the project’s valuation was $80 million. The status of the airdrop is confirmed, and with it, Gasp.xyz announced Gasp V3, the final testnet iteration of its decentralized exchange (DEX) protocol.
“V3 consolidates critical enhancements to deliver fast, gas-free, and secure cross-chain swaps across Ethereum and Arbitrum,” the project stated.
Additionally, Gasp announced its TGE on December 16. Before TGE, they launched another campaign on Galxe, in which participants completed tasks to earn NFT. This is the last activity before the airdrop.
Sahara AI
Blockchain infrastructure project Sahara AI is also among the top crypto airdrops to hunt this week after announcing a new product launch due on December 18. Against this backdrop, they have released another form that we can fill out to get on the whitelist.
“Something big is happening on December 18th,” Sahara AI said.
The Waitlist form is just one of the first activities of the Sahara project. In the future, the project will launch a testnet, with the waitlist form potentially a pass to the early stage of the testnet. The project boasts up to $43 million in funds raised from players such as Polychain Capital, Pantera Capital, Binance Labs, and Sequoia Capital, among others.
Xterio
GameFi project Xterio is also a key airdrop to watch for the third week of December after launching a new campaign named The BeFriend AI web. The airdrop offers participants a chance to earn XTER tokens, with participation involving inviting friends, interacting with AI, and completing tasks for points.
“The points will be converted into XTER tokens. The campaign will run until December 27,” the project noted.
These developments come after Xterio raised $55 million in a fundraiser in which Binance Labs, HashKey Capital, and Animoca Brands participated.
#MarketNewHype
After touching 106k, $BTC is still hovering around the 104-105k mark
VANA is also about to get listed for trade very soon
Many countries including Japan, and USA are thinking about keeping some of their strategic reserves in Bitcoin !
Michael Saylor is still buying as well!
After touching 106k, $BTC is still hovering around the 104-105k mark
VANA is also about to get listed for trade very soon
Many countries including Japan, and USA are thinking about keeping some of their strategic reserves in Bitcoin !
Michael Saylor is still buying as well!
#VANAOpening is exceeding expectations !!! Opened at $25
Loving it
Not selling now. It's a project by MIT (the University ) so I am confident it will be very good!!!
keep it for $50 or more!!
$VANA
Loving it
Not selling now. It's a project by MIT (the University ) so I am confident it will be very good!!!
keep it for $50 or more!!
$VANA
The launch of $VANA has been delayed by 90 minutes , and Binance has given no reason why !
Binance has announced a delay in the trading launch for Vana, originally scheduled for December 16, 2024, at 10:00 UTC. The new trading start time has been set for December 16, 2024, at 11:30 UTC.
The reason for the delay has not been officially disclosed by Binance. However, it is possible that the delay is due to technical difficulties or unexpected market conditions!
#VanaAI
hmmm 🤔
Binance has announced a delay in the trading launch for Vana, originally scheduled for December 16, 2024, at 10:00 UTC. The new trading start time has been set for December 16, 2024, at 11:30 UTC.
The reason for the delay has not been officially disclosed by Binance. However, it is possible that the delay is due to technical difficulties or unexpected market conditions!
#VanaAI
hmmm 🤔
Michael Saylor has done it again! He's buying MORE and MORE Bitcoin and hasn't sold any!!
still Bullish !
$BTC all time high crossed 106K
As I predicted ! Happened this week!! (see my previous posts)
I am following back!
#BTCNewATH
still Bullish !
$BTC all time high crossed 106K
As I predicted ! Happened this week!! (see my previous posts)
I am following back!
#BTCNewATH
VANA to be listed within 9 hours now (from his post)
Most "pundits" (who are usually wrong ) telling us it will be $15+ (which is their dreams )
In a poll, most Binance users predicted under $5
lets see...
#FollowMeAndGetReward #VANA
Most "pundits" (who are usually wrong ) telling us it will be $15+ (which is their dreams )
In a poll, most Binance users predicted under $5
lets see...
#FollowMeAndGetReward #VANA
#BinanceLaunchpoolVANA Price below $5. Predictions??
Vana (VANA): A New Era of User-Owned Data
Get Ready to Farm VANA on Binance Launchpool!
Vana, an innovative Layer 1 blockchain designed to empower users with ownership and control over their data, is set to launch on Binance Launchpool!
This exciting development marks a significant step towards a future where individuals can harness the power of their digital identities.
Key Features of Vana:
* User-Centric: Vana prioritizes user autonomy and privacy, allowing individuals to own and monetize their data.
* Scalable and Secure: Built on a robust blockchain infrastructure, Vana offers a secure and efficient platform for decentralized applications.
* Data-Driven Economy: Vana enables the creation of data-driven economies, where users can participate in data marketplaces and earn rewards.
POLL below. CryptoMama says it will stay under $5. Another pundit (@Square-Creator-47c130741 ) who has been right many times says it'll stay under $2. But most other people on Binance claim $15-20 (which I think is u realistic). So give your opinion
Vana (VANA): A New Era of User-Owned Data
Get Ready to Farm VANA on Binance Launchpool!
Vana, an innovative Layer 1 blockchain designed to empower users with ownership and control over their data, is set to launch on Binance Launchpool!
This exciting development marks a significant step towards a future where individuals can harness the power of their digital identities.
Key Features of Vana:
* User-Centric: Vana prioritizes user autonomy and privacy, allowing individuals to own and monetize their data.
* Scalable and Secure: Built on a robust blockchain infrastructure, Vana offers a secure and efficient platform for decentralized applications.
* Data-Driven Economy: Vana enables the creation of data-driven economies, where users can participate in data marketplaces and earn rewards.
POLL below. CryptoMama says it will stay under $5. Another pundit (@Square-Creator-47c130741 ) who has been right many times says it'll stay under $2. But most other people on Binance claim $15-20 (which I think is u realistic). So give your opinion
The cryptocurrency VANA is set to launch on Binance Launchpool as its 62nd project, with trading expected to begin on December 16, 2024. It is being promoted as a unique blockchain project focusing on decentralized, user-owned data management through "DataDAOs."
These allow users to control and monetize their data while maintaining privacy and compliance with global regulations like GDPR and CCPA.
For its initial listing, market sentiment anticipates a robust start due to Binance's reputation for launching high-potential tokens. Predictions for the token’s launch price are varied, with some speculating around $1-$2 based on its utility, market enthusiasm, and structured launch plan. Other platforms hint at a slightly lower estimate based on preliminary farming rewards and market volatility.
If you're considering investment, it might be helpful to monitor market activity closer to the listing date and evaluate its initial performance on Binance.
some people are claiming VANA will be easily $15-20 are BADLY MISTAKEN (those people will sell immediately if price even reaches $5)
#BinanceLaunchpoolVANA #VANA
These allow users to control and monetize their data while maintaining privacy and compliance with global regulations like GDPR and CCPA.
For its initial listing, market sentiment anticipates a robust start due to Binance's reputation for launching high-potential tokens. Predictions for the token’s launch price are varied, with some speculating around $1-$2 based on its utility, market enthusiasm, and structured launch plan. Other platforms hint at a slightly lower estimate based on preliminary farming rewards and market volatility.
If you're considering investment, it might be helpful to monitor market activity closer to the listing date and evaluate its initial performance on Binance.
some people are claiming VANA will be easily $15-20 are BADLY MISTAKEN (those people will sell immediately if price even reaches $5)
#BinanceLaunchpoolVANA #VANA
Chart Analysis: Bitcoin/U.S. Dollar
Channel TrendThe chart shows an upward trending channel with well-defined parallel blue trendlines:
The lower trendline acts as strong support. The upper trendline serves as resistance. This indicates a bullish trend, where Bitcoin is moving within a rising channel, making higher highs and higher lows.
2. Mid-Channel Resistance (Red Line) - A red midline (trend resistance) is visible, acting as a dynamic resistance level within the channel. Bitcoin’s price is currently testing this red resistance, suggesting potential consolidation or a breakout.
3. Recent Price ActionPrice has been hovering close to the upper half of the channel and midline resistance.Volume shows periodic spikes, which may signal renewed buying activity during upward moves.
4. Key Observations:
Bullish Scenario: If Bitcoin breaks above the red midline resistance, it could test the upper trendline of the channel.
Bearish Scenario: If rejected at the midline, Bitcoin may retrace towards the lower blue trendline (channel support), offering a potential buy opportunity.$
Channel TrendThe chart shows an upward trending channel with well-defined parallel blue trendlines:
The lower trendline acts as strong support. The upper trendline serves as resistance. This indicates a bullish trend, where Bitcoin is moving within a rising channel, making higher highs and higher lows.
2. Mid-Channel Resistance (Red Line) - A red midline (trend resistance) is visible, acting as a dynamic resistance level within the channel. Bitcoin’s price is currently testing this red resistance, suggesting potential consolidation or a breakout.
3. Recent Price ActionPrice has been hovering close to the upper half of the channel and midline resistance.Volume shows periodic spikes, which may signal renewed buying activity during upward moves.
4. Key Observations:
Bullish Scenario: If Bitcoin breaks above the red midline resistance, it could test the upper trendline of the channel.
Bearish Scenario: If rejected at the midline, Bitcoin may retrace towards the lower blue trendline (channel support), offering a potential buy opportunity.$
Κοινοποίηση συναλλαγής Spot
Δ
BTC/FDUSD
στα
99.999,9USDT
🚀 Ether Poised for a Record High in 2025?
Despite trailing Bitcoin this year, Ethereum (ETH) could soar past its $4,865 record, hitting above $5,000 next year, says CryptoQuant. 🔥
🌟 Key Highlights:
Current Price: $3,922, up 71.5% YTD.
Demand Surge: Ether ETFs hit a record 3.5M ETH after consistent
inflows. Supply Dynamics: Slowing growth due to ETH burning mechanism. Regulatory Hope: Clarity on staking under a pro-crypto administration could spark institutional adoption.
Could ETH’s supply-demand dynamics & policy shifts fuel the next bull run? 🤑
#Ethereum #ETHETFsApproved
Despite trailing Bitcoin this year, Ethereum (ETH) could soar past its $4,865 record, hitting above $5,000 next year, says CryptoQuant. 🔥
🌟 Key Highlights:
Current Price: $3,922, up 71.5% YTD.
Demand Surge: Ether ETFs hit a record 3.5M ETH after consistent
inflows. Supply Dynamics: Slowing growth due to ETH burning mechanism. Regulatory Hope: Clarity on staking under a pro-crypto administration could spark institutional adoption.
Could ETH’s supply-demand dynamics & policy shifts fuel the next bull run? 🤑
#Ethereum #ETHETFsApproved
Bitcoin: The Bullish Outlook Persists
#BitcoinKeyZone
Fundamental Analysis:
* Institutional Adoption: Major corporations and financial institutions are increasingly embracing Bitcoin, signaling its legitimacy as a valuable asset class.
* Network Strength: Bitcoin's network continues to grow stronger, with increased hash rate and difficulty, making it more secure and resilient.
* Deflationary Nature: Bitcoin's limited supply and halving events contribute to its potential as a long-term store of value.
Technical Analysis:
* Bullish Trend: $BTC is currently in a strong uptrend, breaking above key resistance levels.
* Golden Cross: The 50-day moving average has crossed above the 200-day moving average, a bullish signal.
* Relative Strength Index (RSI): The RSI is above 50, indicating bullish momentum.
Disclaimer: Not financial advice. Do your own research!
Let's discuss your thoughts on Bitcoin's future in the comments! I also #followback everyone !
#BitcoinKeyZone
Fundamental Analysis:
* Institutional Adoption: Major corporations and financial institutions are increasingly embracing Bitcoin, signaling its legitimacy as a valuable asset class.
* Network Strength: Bitcoin's network continues to grow stronger, with increased hash rate and difficulty, making it more secure and resilient.
* Deflationary Nature: Bitcoin's limited supply and halving events contribute to its potential as a long-term store of value.
Technical Analysis:
* Bullish Trend: $BTC is currently in a strong uptrend, breaking above key resistance levels.
* Golden Cross: The 50-day moving average has crossed above the 200-day moving average, a bullish signal.
* Relative Strength Index (RSI): The RSI is above 50, indicating bullish momentum.
Disclaimer: Not financial advice. Do your own research!
Let's discuss your thoughts on Bitcoin's future in the comments! I also #followback everyone !