#البيتكوين It made a significant rise, surpassing $98,000, we are not too far from $100,000, so Bitcoin is $20,000 higher than the previous all-time high, so yes, that is definitely a great achievement, so hopefully Bitcoin will continue to rise, and technically speaking,
This is forming a long-term positive channel that goes back to 2023, and for Bitcoin to reach resistance, the price of Bitcoin should be around $110,000 or so, and this price action reminds me of what we saw in late 2023 when Bitcoin bounced from support to resistance, so it looks like this pattern is repeating itself again,
Excellent rebound and strong rise Breaking the 3,560 level will lead to an explosion in the price of Ethereum and a strong rise, and this will push the currencies to the same thing
Don't forget, my dear, who hit the bottom of Ethereum accurately and determined the area from which it rebounded 2135😉
How did Shiba Inu go from being a meme to a serious investment?
When Shiba Inu first appeared, many might have considered it a mere luxury or a meme coin with no real value or future. But over time, Shiba Inu has proven to be more than just a meme or an expression on the internet, it has become a serious investment to be emulated in the world of cryptocurrencies full of surprises. In this article, we will explore the reasons that contributed to the transformation of Shiba Inu from a meme to a meaningful and important investment.
Golden advice for every crypto trader // Whoever works his brain and is smart about the market and sells and buys and moves between currencies and tries to catch any 5% or 10% with the market during this period will wake up to a treachery that he will remember for 3 years.
Advice: Activate silent mode and do not let any correction shake you and maintain your focus and for your information Usually we are in the holiday seasons in America, Thanksgiving, and weakness and corrections usually occur at such times, but sometimes currencies reverse and betray, so all you have to do now is be patient and focus.
The American financial markets and gold throughout the summer of 2024
They are on the rise and were achieving peaks,
At the same time, the crypto market was on a corrective sideways path, so I expected the rise to be accelerating and it was, so I expect these months to be compensated during the current period and may extend to the first quarter of 2025. So don't be fooled by corrections, they are part of attempts to get you out of the market. And God knows best.
This is one of the most important indicators that we will use to determine the top of Bitcoin.
When the upper green line is touched, the top will have been formed or close to being formed, and we will be in a discharge phase that will last a few months.
Bitcoin hits new high, will it continue to $130,000 in November?
Daily Newsletter 📢📢 📢 - Bitcoin price reached around $91,000.96, up 0.6% in the last 24 hours and up 4.2% since a day ago. Cryptocurrency market forecasts indicate that Bitcoin may continue to fluctuate near these levels.
- The current price of Ethereum is BTC0.03492 against the USD with a price increase of 2.00% in the last 24 hours but a decrease of 5.30% over the previous week.
We note the volume of profits realized in dollars, which in all cases indicates the imminent end (within 4-10 weeks) of the upward trend
This does not mean that the unloading process will begin with current deals, but only reminds us that the best solution is to hold previously acquired positions with partial and systematic fixing of profits to reduce risks
The Fed’s Financial Conditions Indicator is leaning toward looser, which means the Fed may be on its way to loosening policies such as cutting interest rates or increasing liquidity.
🟢 Current Trend: A clear decline in the indicator after a period of tightening. 🟡 Expectation: If inflation remains under control, we may see continued easing to support the economy. However, if inflation returns to rise, the path may change toward tightening again.
Whale who made over $3M on $PNUT t and over $3.5M on $goat hunted $buke yesterday (+$400k).
This trader is adept at finding meme coins that have the potential to surpass $50M market cap (MC) and is accumulating more as they go up.
His trade details:
🟢 1 day ago: Picked up $buke at ~$10M market cap and made over $400k. 🟢 2 weeks ago: Picked up $pnut at ~$70M market cap and made over $3M. 🟢 1 month ago: Found $GOAT at ~$3M market cap and made over $3.5M. 🟢 He also traded#Shoggothand made over $700k, and#Moodengand made over $1.5m.
Why is this important?
This whale helps me identify meme coins that are trending upwards, allowing me to buy them at low market caps and make profits.
This is a way to avoid intense competition (PVP) while still making profits.
#البيتكوين Trading at around $90,000, it faces strong resistance at this level, making it an important point to continue the rise.
- 📈 Bullish Technical Patterns: Technical patterns indicate the formation of the "Ascending Triangle"📐, which is a bullish pattern that shows optimism in the medium term.
- 📊 Moving Averages: The crossing of the 100-week moving average above the 200-week moving average is considered a positive indicator, reflecting the beginning of a new upward trend.
- 🚀 Technical Market Condition: Bitcoin is in a new price discovery mode🌌, after breaking a resistance that lasted more than 8 months, which reinforces expectations of continued rise.
- 🔍 Future Watch: If the price manages to break the resistance at $90,000, it may head towards new highs, supported by positive technical indicators and an optimistic market condition.
This trader turned $0.5 SOL ($108) into a fortune by buying $12.77 million in $scihub, which is now worth $381K — a 3,510x return!
Amazing opportunities like these show the power of finding the right meme coins early. The key is to track smart portfolios and identify coins with huge growth potential.
In previous cycles, I identified the impact of November and it is clear that it is a month that jumps at the beginning and calms down or corrects at the end.
But December in all cycles was strongly rising. It rose by 40% in December 2016, and rose by 88% in December 2020.
🌟 January is usually the beginning of the year and is accompanied by many news, decisions, etc., so we notice that in 2016 and 2020 it was corrected in a confusing way for many and reached -30%.
🌟 March 2016/2020 is a minor peak that carries with it a strong correction that exceeded -35%.
🌟 February in the previous two cycles was also similar in terms of rising, as it rose by 77% in 2016 and rose by 100% in 2020.
Should history repeat itself now with the past in the same behavior? Not necessarily, but it gives the trader an impression of the similarity of the movement on Bitcoin and helps him in making a decision.