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Bitcoinboy-8686
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$BTC $BTC Quick Update 26/12/2024.
I find that Bitcoin is quite stable right now, guys.
On the D frame, you can see the red zone I marked. Whenever it reaches there, there is support for BTC to rally up.
On the H4 frame, you can see I marked that BTC has created 2 bottoms around 92k. After that, there is divergence with RSI as I mentioned in my previous analysis. Additionally, during the price increases, I have also marked arrows from this area.
If it maintains like this, we will see an increase soon. Just need to avoid breaking through the red zone I marked in the picture.
Bitcoin Dominance is trending down to the green zone below. It will benefit altcoins if it goes down there.
Regarding ETH, on H4 you can see the price range of 3k - 3k2 is the previous zone from which it rose strongly. This time coming back down also indicates buying power going up. To be sure it increases, it needs to surpass the 3k6 mark.
As for Altcoins, most charts are similar to each other. If you find that your coin has reached the support zone, you can allocate some capital to buy in.
I find that Bitcoin is quite stable right now, guys.
On the D frame, you can see the red zone I marked. Whenever it reaches there, there is support for BTC to rally up.
On the H4 frame, you can see I marked that BTC has created 2 bottoms around 92k. After that, there is divergence with RSI as I mentioned in my previous analysis. Additionally, during the price increases, I have also marked arrows from this area.
If it maintains like this, we will see an increase soon. Just need to avoid breaking through the red zone I marked in the picture.
Bitcoin Dominance is trending down to the green zone below. It will benefit altcoins if it goes down there.
Regarding ETH, on H4 you can see the price range of 3k - 3k2 is the previous zone from which it rose strongly. This time coming back down also indicates buying power going up. To be sure it increases, it needs to surpass the 3k6 mark.
As for Altcoins, most charts are similar to each other. If you find that your coin has reached the support zone, you can allocate some capital to buy in.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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