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Ualifi Araújo
--
Bullish
Analysis $BTC 12/30/2024
#BTC, lol I have to start laughing in this analysis because today was particularly funny, see how the price dropped quickly to considerable liquidity below $92K, and even though it was very fast, people got scared and started selling their Altcoins, and the worst... whales buying cheap lol, the same moves over and over and people keep falling for the same old trick.
We have been forming this range for over a month, and this search for liquidity on both sides has massacred the impatient and small investors.
This green band on the chart has acted as a good support every time, of course there is a concern about how long it would hold since we have fewer people here, but we also have fewer people on the selling side, so it is not something I am worried about at the moment. Also in this sense, next week we will have the market 100% normalized and things should move faster.
The BULLS don't need much, they just need to rise above $94,800 and close today there, then that would put us on the path to $98K again.
There are 25 minutes left until the current 4H candle closes, and we are heading for a good close, the next one will decide today's game.
Obviously everyone saw Saylor buy again and the whole market fall, I won't bring up this topic again here, since I made a post today just about it.
This is still a support until it's no longer, so don't despair and stay focused and convinced. I will continue following the plan, and believing that we will go to $110K, and obviously this green region will still act as a good support.
There is an interesting movement by the big BULLS here, see that they have already formed a buying barrier of $89K / 91K, which clearly makes the big BEARS cautious about attacking lower prices, and the vast majority still prefer to stay at $105K.
* If you have any questions, don't hesitate, go to my INSTA (it's in the fixed image of my profile here), call me and ask your question.
#BTC, lol I have to start laughing in this analysis because today was particularly funny, see how the price dropped quickly to considerable liquidity below $92K, and even though it was very fast, people got scared and started selling their Altcoins, and the worst... whales buying cheap lol, the same moves over and over and people keep falling for the same old trick.
We have been forming this range for over a month, and this search for liquidity on both sides has massacred the impatient and small investors.
This green band on the chart has acted as a good support every time, of course there is a concern about how long it would hold since we have fewer people here, but we also have fewer people on the selling side, so it is not something I am worried about at the moment. Also in this sense, next week we will have the market 100% normalized and things should move faster.
The BULLS don't need much, they just need to rise above $94,800 and close today there, then that would put us on the path to $98K again.
There are 25 minutes left until the current 4H candle closes, and we are heading for a good close, the next one will decide today's game.
Obviously everyone saw Saylor buy again and the whole market fall, I won't bring up this topic again here, since I made a post today just about it.
This is still a support until it's no longer, so don't despair and stay focused and convinced. I will continue following the plan, and believing that we will go to $110K, and obviously this green region will still act as a good support.
There is an interesting movement by the big BULLS here, see that they have already formed a buying barrier of $89K / 91K, which clearly makes the big BEARS cautious about attacking lower prices, and the vast majority still prefer to stay at $105K.
* If you have any questions, don't hesitate, go to my INSTA (it's in the fixed image of my profile here), call me and ask your question.
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