#BTCNextMove Bitcoin Bullets® Market Analysis December 21, 2024 ➖➖➖➖➖ ⚪️TECHNICAL (4H) BTC is currently retesting below the descending channel, a critical juncture for market direction. A successful retest at this level would confirm bearish momentum, signaling potential continuation to the downside. Conversely, a candle close back inside the channel could indicate a bullish reversal, suggesting renewed upward pressure.
Traders should closely monitor price action and volume at these levels to assess confirmation and align their strategies accordingly. The coming sessions will be pivotal in determining BTC's short-term trajectory.
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Timeframe: 4h Observation: Currently retesting the horizontal support, and the support of the declining parallel channel. Expecting to see some reversal from here which will lead to a strong reversal that will help us breaking from above of the resistance until the price of $0.75 #follow 40% of American adults now own crypto, up 30% from last year
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#EIGENUSDTPriceAlert #follow EigenLayer (EIGEN) is a cryptocurrency that has garnered attention for its potential growth. Price predictions for EIGEN vary across different sources, reflecting the inherent volatility and uncertainty in the crypto market.
Short-Term Predictions:
CoinCodex: Forecasts EIGEN to trade between $5.24 and $25.58, suggesting a potential increase of up to 419.61% if it reaches the upper price target.
Binance: Projects a modest increase, with EIGEN potentially reaching $5.39 by January 16, 2025, and $5.37 by December 17, 2024.
Medium-Term Predictions:
BLOX: Anticipates EIGEN's price to reach €12.15 by December 2024, €14.45 by December 2025, and €25.23 by December 2027.
SwapSpace: Offers a range of predictions, with WalletInvestor forecasting EIGEN to reach $8.27 in 2025, while TradingBeast predicts a decline to $2.71 by December 2025.
Long-Term Predictions:
BLOX: Projects EIGEN to reach €41.60 by December 2030.
SwapSpace: Offers varied forecasts, with WalletInvestor predicting $12.16 by 2030, while TradingBeast anticipates $5.85.
Current Market Overview:
As of December 17, 2024, EIGEN is trading at approximately $5.37, with a market capitalization of around $1.13 billion and a 24-hour trading volume of $393.01 million.
Conclusion:
While some sources predict significant growth for EIGEN, others anticipate modest increases or declines. Given the volatility of the cryptocurrency market, it's crucial to conduct thorough research and consider multiple perspectives before making investment decisions.
Bitcoin is now trading around 104,700$. Bitcoin Exactly Pumped Up After Breaking Out of the Ascending Triangle like We talked in Our Last Update and Bitcoin has also hit the two targets given by us. Those who opened a long position as per our update must have booked good quick profits. For more updates like ..
#Cryptpcurrrency December 15, 2024 ➖➖➖➖➖➖➖ MARKET ANALYSIS: Market Cap: $3.63 Trillion 24h Volume: $128.2 Billion BTC Dominance: 55.8% ETH Dominance: 12.8% 🔸BK® Health Standard: 6.3 (1 to 10) 🔸BK® Sentiment: 60% (-100% to 100%) ➖➖➖➖➖➖➖ BINANCE ANALYSIS (USDT pairs): Top Gainers 1. UTK: +37% 2. VIB: +16% 3. PIVX: +15% Top Losers 1. ACT: -10% 2. AVA: -8% 3. DATA: -7%
BINANCE FUTURES: Top Gainers 1. ENAUSDT: +18% 2. UXLINKUSDT: +17% Top Losers 1. MASKUSDT: -18% 2. GOATUSDT: -14%
LARGEST VOLUME (24h) 1. BTC/USDT ($38.79B) 2. ETH/USDT ($28.23B)
DAILY OUTLOOK UTK, VIB, and PIVX are leading the market as the top gainers. As anticipated, BTC has experienced a significant pump, accompanied by a slight increase in BTC dominance. This uptick in BTC.D has contributed to the slower momentum observed in altcoins. However, once BTC.D begins to decline, altcoins are expected to regain their strength and exhibit renewed momentum. ➖➖➖➖➖➖➖ - Binance Killers®