🚨 Analysts at Bloomberg predict that if a spot bitcoin ETF | Ravi Rajapaksha on Binance Square

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Ravi Rajapaksha

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Bullish

🚨 Analysts at Bloomberg predict that if a spot bitcoin ETF is not approved in this period, there’s still a 90% chance for approval by Jan. 10. 🚀 $BTC

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🚨 𝗔𝗹𝘁𝗰𝗼𝗶𝗻 𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁 𝗔𝗹𝗲𝗿𝘁! 𝗕𝘂𝗹𝗹𝗶𝘀𝗵 𝗦𝗶𝗴𝗻𝗮𝗹𝘀 𝗙𝗹𝗮𝘀𝗵𝗶𝗻𝗴: 𝗜𝘀 𝘁𝗵𝗲 𝗥𝗮𝗹𝗹𝘆 𝗝𝘂𝘀𝘁 𝗕𝗲𝗴𝗶𝗻𝗻𝗶𝗻𝗴? 💎 🔼 #Altcoin market dominance is showing promising signs of a potential rally as we observe a bullish divergence in the RSI, signaling increasing #Buying 📈 momentum. Additionally, the chart is on the verge of breaking out from a long-term downward trend, suggesting a possible shift to the upside. Keep an eye on 👀 this development, as a confirmed breakout could lead to a significant #upward movement in altcoins 🚀

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🚨 BREAKING: The German 🇩🇪 Government is now out of Bitcoin. The #German Government just sent 3846.05 #BTC ($223.81M) to Flow Traders and 139Po (likely institutional deposit/OTC service). The German Government has 0 $BTC       ($0.00M) remaining ! $BTC

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Bullish on $ETH 🚀 𝗕𝘂𝗹𝗹𝗶𝘀𝗵 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼 A breakout above the upper trendline of the symmetrical triangle and sustained movement above the 200-day EMA (3,087.90 USDT) would be strong bullish signals. This could target the next resistance levels around 3,403.77 USDT and 3,416.10 USDT. 𝗕𝗲𝗮𝗿𝗶𝘀𝗵 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼 If the price fails to break above the 200-day EMA and the upper trendline, and instead breaks below the lower trendline of the triangle, it could indicate a bearish move, with potential support around 2,600 USDT. 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 📈 For Bullish Investors : Consider entering a long position if there is a confirmed breakout above the upper trendline of the triangle and the 200-day EMA. Set stop-loss orders just below the lower trendline to manage risk. 📉 For Bearish Investors : Monitor for a breakdown below the lower trendline for potential short opportunities. A break below 2,992.65 USDT support could target lower support levels around 2,600 USDT. Overall, while there are bullish signals forming, caution is advised due to the mixed signals from the Supertrend and EMA. Watching for a decisive breakout from the symmetrical triangle will provide a clearer direction. #ETH🔥🔥🔥🔥 #ETH #EtheruemETF #TraderAlert

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Bullish on $NEAR 🚀 𝗕𝘂𝗹𝗹𝗶𝘀𝗵 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼 📈 If the price breaks above the 200 EMA at $5.329 and clears the immediate resistance levels, we could see a move towards the $6.00 and $7.00 levels. Sustained buying pressure and positive market sentiment could push the price towards the upper Fibonacci levels. 𝗕𝗲𝗮𝗿𝗶𝘀𝗵 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼 📉 If the price fails to break above the 200 EMA and descends below the support at $4.428, it could test lower support levels around $3.50 and $3.00. Continued bearish sentiment and negative news could drive the price lower. 𝗖𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻 📊 While the #NEAR USDT chart shows mixed signals, the bullish divergence and recent "Buy" signal provide a positive outlook. A confi$rmed breakout above the 200 EMA and the descending trendline would solidify the bullish case, targeting higher resistance levels.

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𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 👀 The #BTC/USDT chart reflects a strong bearish trend. The price has been consistently making lower highs and lower lows, confined within a descending channel. The failure to hold above the 0.618 Fibonacci retracement level indicates potential further downside. 𝗕𝗲𝗮𝗿𝗶𝘀𝗵 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼 📉 If #BTC fails to hold the 0.618 Fibonacci retracement level, we could see a decline towards the 50,000 USDT psychological support and further down to the 0.786 Fibonacci retracement level around 48,000 USDT. The 200-day EMA at 58,211.08 USDT will act as a strong resistance, and unless the price breaks above this level, the bearish sentiment is likely to persist. 𝗕𝘂𝗹𝗹𝗶𝘀𝗵 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼 📈 For a bullish reversal, #BTC needs to break above the 200-day EMA and the upper boundary of the descending channel around 65,000 USDT. Sustained movement above these levels could shift the trend back to bullish, targeting higher Fibonacci levels and previous highs. $BTC $

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