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liquidity is sitting above $105,000.
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$JTO Short Target 60% Use trailing stop loss
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As of March 5, 2025, Bitcoin ($BTC ) is trading at approximately $88,487, reflecting a 5.73% increase from the previous close. Recent market developments have influenced Bitcoin's price movements. Notably, President Donald Trump's announcement on March 2, 2025, regarding the creation of a U.S. strategic cryptocurrency reserve—including assets like Bitcoin, Ether, XRP, Solana, and Cardano—led to a significant market surge. Bitcoin experienced an 11% increase, reaching $94,164 following the news. However, prior to this announcement, Bitcoin had entered a bear market, declining over 23% from its January peak of $109,350 to an intraday low of $83,740. Factors contributing to this downturn included crypto scandals, policy disappointments, and significant security breaches, such as the $1.5 billion hack of the Bybit crypto exchange. Given the current neutral stance on both weekly and daily charts, it's advisable to monitor key resistance levels closely. Shorting positions at identified resistances, particularly between the $89,000 - $90,000 range, may be prudent. Additionally, on a 4-hour view, Bitcoin's price might oscillate between the $89,000 - $90,000 and $82,000 - $81,000 areas. A medium-term bearish outlook remains valid below the downtrend and the significant resistance at $94,500. If Bitcoin's price breaks and consolidates above $90,000, it could potentially move upward toward the $94,500 - $95,000 range. Please note that cryptocurrency markets are highly volatile and influenced by various factors. It's essential to conduct thorough research and consult with financial advisors before making any investment decisions. #Write2Earn!
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$RLC Buy now in spot and hold Next Targets would be 1.40-1.50-160-18-2.0 #RLC/USDT #Write2Earn
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#ETH Target :4000$ or 1500$?🚨🚨🚨 $ETH must close the weekly candle above the key support-turned-resistance level ✅ If it does, the next target is $4,000 📈 However, a breakdown below support could send it down to $1,500 📉 Stay connected with Pandatraders for more updates #ETH🔥🔥🔥🔥🔥🔥
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($BCH /USDT) 12H Analysis🐼 BCH has broken above the descending trendline at $375, signaling a potential bullish breakout. If momentum sustains, the price could rally toward the following targets: Target 1: $400 Target 2: $450 Target 3: $500 (+66%) A successful retest of $375 could confirm further upside. However, failure to hold above this level may lead to a pullback before continuation. #Write2Earrn #BCH/USD #TrumpCongressSpeech #WhiteHouseCryptoSummit
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