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Ualifi Araújo
--
Bullish
Analysis $BTC 05/01/2025
#BTC, we tried yesterday to break $99K but we failed, but we can see something positive even in this failure, see that the price was supported just below at $97,300 and today despite being negative we still look good, the current 4h candle is very important because if it does not cancel the previous one, then the BEARS will have to withdraw their large $100K orders or they will probably be activated.
If we have a mooning of this previous candle, then we will work a little lower in this blue band to jump from there. Either way, it still looks very good.
This lateralization of a little over 1.30% was expected, so we have nothing new here, however, I would like to emphasize that despite having few people in the market, we had a good week, and this next week should be even better, since we have everyone here and we will have important economic data.
ETH/BTC continues to try to rise to 0.003820, and this will only be possible when Bitcoin Dominance is rejected near 57.36%, but it seems to me that it is already losing strength before that... It will be interesting to see how it reacts to the arrival of all our friends. It will test close to that and we will fall again, making it easier for Altcoins to rise.
Again, I bring that NOTE that the price of Bitcoin is not what matters for Altcoins from here on, but rather its dominance, so look to the right side!
Things are very similar to yesterday, so there is not much to add.
Note that ALMOST THE ENTIRE market is pulling back to retest important areas, so it is a normal and expected pullback (especially in Altcoins that have risen much more), so do not despair and keep HOLDING!
In the next few weeks we will rise +30% (ALTS), so you will be unlocked. It's better to be negative and in the game than OUT of it just watching!
* 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 questions.
#BTC, we tried yesterday to break $99K but we failed, but we can see something positive even in this failure, see that the price was supported just below at $97,300 and today despite being negative we still look good, the current 4h candle is very important because if it does not cancel the previous one, then the BEARS will have to withdraw their large $100K orders or they will probably be activated.
If we have a mooning of this previous candle, then we will work a little lower in this blue band to jump from there. Either way, it still looks very good.
This lateralization of a little over 1.30% was expected, so we have nothing new here, however, I would like to emphasize that despite having few people in the market, we had a good week, and this next week should be even better, since we have everyone here and we will have important economic data.
ETH/BTC continues to try to rise to 0.003820, and this will only be possible when Bitcoin Dominance is rejected near 57.36%, but it seems to me that it is already losing strength before that... It will be interesting to see how it reacts to the arrival of all our friends. It will test close to that and we will fall again, making it easier for Altcoins to rise.
Again, I bring that NOTE that the price of Bitcoin is not what matters for Altcoins from here on, but rather its dominance, so look to the right side!
Things are very similar to yesterday, so there is not much to add.
Note that ALMOST THE ENTIRE market is pulling back to retest important areas, so it is a normal and expected pullback (especially in Altcoins that have risen much more), so do not despair and keep HOLDING!
In the next few weeks we will rise +30% (ALTS), so you will be unlocked. It's better to be negative and in the game than OUT of it just watching!
* 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 questions.
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