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Bitcoin is currently moving in a range of oscillations below the nearest resistance area. A break of $94,372 would indicate the price’s intention to test the upper resistance area. A break of the daily low at $92,961 would signal a continuation of the local downtrend, with potential targets at $91,640, $90,726, and $90,173.
$85,417 represents the 50% extension support area of wave 4, and this could be where the corrections could be completed in general, but this also depends on the internal structure (small waves).
The small resistance area between $94,102 and $94,372 is not of great importance, but a break of it would indicate a potential larger corrective bounce.
If we go down to 80k, and if you look at it that way, it makes a lot of sense. The further we go down, provided we don't lose 73.7k (which I don't see happening), the longer the bull run will last. The smaller the drop and the less time it takes to recover to the previous high (108k), the faster we will reach the final high. $BTC
Lesson 1: Don't invest money you can't live without. Lesson 2: Don't let fear control you. Lesson 3: Whoever promises you 100% success, know that he is a liar
🚨 A major shift in the crypto market! 🚨 Traders in Europe are abandoning their USDT positions and moving towards other cryptocurrencies! 💰 Due to the MCA decision that will be implemented in 2025 But the surprise: the bigger picture still shows a strong upward trend! 📈
Bought Cardano at 2.3$: Story of Patience, Belief, and Community
Imagine this: you bought Cardano ($ADA) at $2.30. The world might call you reckless, naive, or even foolish for holding onto it through the highs and lows. They’d ask, “Why didn’t you sell? Why hold when the market moves like a storm?” But the truth is, the story of an ADA holder is far deeper than numbers on a screen.
It’s a story of conviction, trust, and an unbreakable bond with a vision for the future. The Philosophy of Holding For many in the ADA community, investing isn’t about chasing qu