Analysis $BTC 12/28/2024 #BTC, following the plan perfectly | Ualifi Araújo on Binance Square

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Bullish

Analysis $BTC  12/28/2024#BTC, following the plan perfectly... We found support again in this green region of the chart and we are starting to react here. Things seem to be improving.
It is the weekend, so the daily closes are not as important as they seem, but I still think it will be very good for the BULLS if we close above $95,500 today, note that it is not long before that, but from there we can attack this blue band on the chart again.
This bear market was really overwhelming, but the bull market will be great and if you have not sold until now, then you deserve the rewards, hold on tight because we are almost there.
This bull market will be totally different from the others as we have the liquidity of ETFs being added here, which brings a different dynamic this time, I am excited for the next few months!
Price hasn't moved much since yesterday, so there's not much to add...
We're still following this wedge, but it's very likely that we'll see action between $94K/$97K over the weekend, so relax. A sideways movement here will allow #altcoin   to continue reacting and have a significant bounce over the weekend.
The RSI is very good, and leaves us with a good room to bounce from here. Next week should be busy (post-New Year).
We'll reach $110K soon!
* If you have any questions, don't hesitate, go to my INSTA (it's in the pinned image of my profile here), call me and ask your questions.

Ualifi Araújo

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Bullish

Analysis $BTC 12/27/2024
#BTC, we are again in the green support range here, of course we would not have liked to have come back here to activate new orders, but it still did not make much difference at #altcoin .

This consolidation that we are seeing in this RANGE that has been formed currently is just something that will make us go higher, it is just a preparation for a strong move upwards, wait!

We are already seeing some divergences here, and the BULLS have the advantage.

Gentlemen, the market makers know their limit and they will always take you to it, they want you to give up, they want you to get discouraged, do not let them win.

This descending wedge should be followed by the price and if it is not, then we will be working on the lower part of this green box on the chart. You may think this is a problem, but it is not. Note that most Altcoins are already very strong against BTC and at this moment it is down -1.35% and Altcoins remain positive and some are doing more than +5%.

BTC's closing today is important and it must remain above the green band to continue within this wedge, but I am much more interested in its dominance closing.

I have repeated this a thousand times here, at this moment what matters is BTC's dominance and not its price, and in the last few days we can see this on several days where the price of BTC is negative and Altcoins continue to rise.

There is an increase on both sides here, but we still do not have all the participants in the game, however there was a significant increase and it is worth observing the positions of these big players.

The big BUYERS still prefer to stay around $89K/$90K and the big SELLERS around $105K, the interesting thing here is that even with fewer people the big SELLERS are still stuck around $110K.

I REMAIN SUPER OPTIMISTIC!

We will reach $110K soon!

* 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.

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

BTC

93,792.4

-1.21%

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