Bitcoin is not super bullish or bearish, 103.000$ is the lev | MihaiDaniel on Binance Square

Trending Articles

Bookmarked and Liked

--

Bitcoin is not super bullish or bearish, 103.000$ is the level which can trigger a new run up to a new ATH, but for now 103.000$ is resistance level 

0 people tipped the creator.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

4.8k

0

Replies 1

Quote 2

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@MihaiDaniel

Explore More From Creator

Gentlemen, potential Bear Flag for 4 hours at BTC, for the moment we have support on the trend line at $93,700 and $91,700, if it loses both areas it will go to $86,500. Bullish scenario is to hold the support areas

--

Market is red , but red is the right color if you want to make money , Ethereum under 3.300$ is at discount, BNB is at good price also , but this coins can go a bit lower , ETH can drop as low as 2850$ and BNB can drop to 580$. Tomorrow is Christmas Eve I think Bitcoin will go up again ☘️

--

What are consolidation periods and the role of mobile media? Periods of consolidation occur when the market oscillates within a narrow range, reflecting a pause after major moves. These indicate a balancing of buyers and sellers, setting the stage for a new direction. Mobile environments play a key role in understanding these moments: 1. Dynamic Support and Resistance: Price tends to test moving averages (eg MA50 or MA100) as areas of support or resistance. In consolidation, they become important guides for future movements. 2. Trend Confirmation: If price remains above a moving average, consolidation may indicate a bullish continuation. If it stagnates below an average, it may portend a reversal. 3. Declining Volume: During consolidation, declining volume confirms market indecision and moving averages provide a reference point for breakouts. Thus, periods of consolidation are not just "pauses," but strategic opportunities. Tracking price against moving averages helps you identify key moments for effective entries and exits.

--

What does "sideways" mean in trading and why does it appear after bullish periods? "Sideways" describes a market that oscillates in a narrow range with no clear direction. After a bullish rally, this phenomenon occurs for several reasons: 1. Market Fatigue: After strong rallies, buyers lose their energy and sellers start taking profits, creating stagnation. 2. Redistribution of capital: Large investors adjust their positions without significantly influencing the price. 3. Uncertainty: Traders await confirmation of market direction, which reduces volatility. 4. Lack of catalysts: In the absence of major news, excitement wanes and the market consolidates. These periods are essential for analysis and preparation, often being the prelude to major moves – either trend continuation or reversal. Patience and observing the market structure makes all the difference!

--

#Blackrock already has over 1 million #ethereum ($3.5 billion), bitcoin over 500,000 pieces, their ETH holdings show accumulation, ETH has a little more to go!

--

Latest News

OpenAI Reports Over 300 Million Weekly Users

--

Japan Enforces Stricter Regulations On Unregistered Crypto Exchanges

--

PHA Surges Over 56% in 24 Hours, Exceeds 0.4 USDT

--

BlackRock's Ethereum ETF Acquires $3.5 Billion in Assets

--

OpenAI Considers Transition To Public Benefit Corporation

--

Cookie Preferences

ba-one-trust-cookie