Bitcoin price alert!!!
Yesterday, Bitcoin gained almost $6,000 in a few hours after the media hype around Trump’s inauguration. The authorities are showing us how powerful Trump’s inauguration as the US president is. This is a good sign for cryptocurrencies as Trump’s professional crypto strategy makes every positive move by Trump related to cryptocurrencies. So after the show ended, the crypto market went back to some correction, and so far Bitcoin has dropped by about $6,000-7,000 in a few hours, so after the media hype ended, the cryptocurrency has returned to its original level. In a few hours, Bitcoin lost almost $110 billion in wealth, and the net inflow is still greater than the net outflow. So the crypto market as a whole is still in a bullish zone.
The 1-day chart shows us some different data, after 7 consecutive bullish days, we now have another bearish day, the algorithm wants to force us to open a short trade but don’t short just buy any coin at the lowest possible price and buy only in the spot market until January 17, 2025, after January 20, we have a strong and unstoppable rise so don’t open a short trade here. Just buy any coin at its strongest support level and when it rises by about 2%, sell it again and wait for the next support level to buy coins.
BlackRock, MicroStrategy, and many other cryptocurrency holding companies hold a large number of coins, so we have a bright future for the cryptocurrency industry.
Wait for strong signals from Eth, Sol, XRP, LTC and other altcoins.
Thank you and thank you for your time.
