💥💥💥 #bitcoin☀️ And Solana Brace For Quiet Q3: What #Cryptotraders Should Know

Cryptocurrency Market Analysis

- Crypto analyst Ansem recently discussed Bitcoin ($BTC ) and Solana ($SOL ), highlighting their current stability and potential future movements.

Market Outlook

- Ansem suggests Bitcoin and Solana may not see significant bullish movements until late in the third or fourth quarter. Both #Cryptocurrencies have held above March lows, indicating a consolidation phase, though other assets like Avalanche (AVAX) show signs of potential downtrends.

Technical Insights

- Bitcoin and Solana are maintaining stability above key support levels, but there's a risk of aligning with broader market downturns.

Scenarios

1. Outliers Status: BTC may consolidate between $58,000-$60,000, and SOL between $110-$120, assuming stabilization after sideways movement.

2. Market Downturn: Without outlier status, BTC could drop to $48,000-$52,000 and SOL to $85-$100, following broader market trends.

3. Market Peak: Ansem dismisses a market peak, expecting prolonged sideways movement and development in crypto applications.

Performance

- Bitcoin trades at $65,525, Solana at $135.81. Weekly trends show BTC down 6.4%, SOL down 14.3%, despite minor daily declines.

Altseason Potential

- Analyst Moustache anticipates an Altseason, advising strategic accumulation of quality #Altcoins👀🚀 amid positive signals for Bitcoin.

Conclusion

Ansem's analysis offers insights into crypto markets, highlighting consolidation phases and potential shifts for Bitcoin, Solana, and the broader market.

Source - newsbtc.com

#BinanceSquareBTC

BREAKING: 🇺🇸 US President Biden says he's going to make the tax system "fair by eliminating loopholes" for #bitcoin and #Cryptotraders 😱

December 15, 2023

Total Market Cap : $1.61T🔵
Trading Volume (24H) : 0.18%🔵
BTC Dominance : 51.90%🔴
ETH Dominance : 16.99%🔵

MARKET BIAS
Short-Term (1-2 Days) : Bullish🔵
Mid-Term (1-4 Weeks) : Bullish🔴
Long-Term (12 Months) : Bearish🔵

$BTC : $42658
- Same as yesterday, we are on a consolidation phase and levels to watch is $44000-$44729 resistance level and if the parallel channel will hold or not.

$ETH : $2266
- Same as yesterday, we are on a consolidation phase and levels to watch is $2370-$2400 resistance level and if the parallel channel will hold or not.

KEY $BTC RESISTANCE: $44000-$44729
KEY $ETH RESISTANCE: $2370-$240

Trading guidance:
- Always refer to the movement of the chart to see where we are possibly heading.

#crypto #Cryptotraders #analyst #elliottwave

📉 Cautionary tale:
While some make 1000x gains, countless others face losses.

#RiskManagement #BALD #memecoins #Cryptotraders #altcoins
$SOL $USDC $TRX

Types of #crypto Traders

1: SCALPING

👉 1M - 15 Min chart

2: DAY TRADING

👉 15 Min - Day Chart

3: SWING TRADING

👉 4H - Weekly Chart

4: HOLDING

👉Daily - Monthly chart

Which type of Trader you are , tell me in comments 1 , 2 , 4

hurry up

#cryptocurrency #Cryptotraders #tradingStrategy

🤔 Hey #Cryptotraders , are you PREFER ?