$BTC

🔙 Exactly 2 years ago, Bitcoin hit its all-time high of $69,020! 😲
It got so close to the legendary $69,420—a level where many selling orders were waiting.
🔥 Were You Part of History?
Did you sell at the top? 🤑Or are you still HODLing, dreaming of $100K? 🚀
💡 What's Your Strategy Now?
Diamond Hands 💎🙌 or Profit-Taking?Do you believe the next bull run will take us beyond $100K?
Share your thoughts below! Let’s see how many OGs are still in the game! 🎢
#HODLorSell #CryptoJourney #Bitcoin100K #BTC

As fear grips the market, the Crypto Fear and Greed Index has dropped to 35, signaling rising uncertainty. Bitcoin has declined by 1.08% in the past 24 hours, currently hovering around $97,000. With its total market capitalization slipping below $2 trillion, Bitcoin’s momentum appears restricted. A Morning Star candlestick pattern hints at a potential bullish reversal, yet institutional support remains inconsistent, raising concerns of further downside.

Bitcoin is consolidating between its 50-day and 100-day Exponential Moving Averages (EMA), keeping traders cautious. The Moving Average Convergence Divergence (MACD) and signal lines indicate bearish momentum following recent selling pressure. While Bitcoin is approaching a critical support zone, momentum indicators favor selling, contradicting the traditional "buy at support, sell at resistance" strategy. Despite this, the Morning Star formation suggests that a bullish rebound could be on the horizon, potentially igniting market recovery.

🔥🔥🔥Ascending Triangle: Breakout or Breakdown?

Zooming out, Bitcoin’s price structure forms an ascending triangle, with local support aligning below $97,000 and a resistance ceiling at $106,000. If BTC maintains this support, a breakout could trigger a swift 10% rally. However, failure to hold this level might lead to a downward move, reinforcing bearish sentiment. The key support to watch is $91,000—if Bitcoin closes below this threshold, the downside risks will significantly increase.

Institutional ETF Flows Reveal Diverging Sentiment🚀🚀🚀

On February 6, U.S. spot Bitcoin ETFs recorded a net outflow, reflecting mixed institutional sentiment. The Grayscale Bitcoin Mini Trust attracted $5.15 million in inflows, but major players like Fidelity and Grayscale Bitcoin Trust saw substantial outflows of $103.25 million and $42.21 million, respectively. This divergence suggests contrasting outlooks between different Grayscale funds. Since its inception, the Grayscale Bitcoin Trust has faced over $21.91 billion in outflows, indicating persistent selling pressure. Meanwhile, BlackRock, the largest Bitcoin ETF with $56.252 billion in assets, remained neutral with no net inflows or outflows.

With uncertainty dominating the market, Bitcoin’s next move hinges on its ability to hold key support levels and whether bullish momentum can overpower institutional selling pressure. Traders should monitor price action closely for confirmation of either a breakout or a deeper correction.
#Bitcoin100K #BTCNextATH? #BitcoinWhaleMove #Write2Earn $BTC

Chainlink (LINK) Price Shows Strength Despite Technical Warnings

Chainlink (LINK) price emerges as one of the biggest gainers among the top 20 cryptocurrencies in the last 24 hours, despite showing mixed signals in its technical indicators.
The BBTrend indicator, though remaining positive since November 25, has weakened significantly. Despite these contradicting signals, LINK price shows potential for a 42% surge to $30 if it successfully breaks above current resistance levels.
Chainlink Whales Are Not Accumulating LINK
A significant decline in Chainlink whale holdings over the past two weeks signals a potential shift in sentiment.
The number of wallets containing between 100,000 and 1,000,000 LINK dropped from a yearly high of 558 on November 19 to 533 currently, suggesting large investors may be taking profits or redistributing their holdings.
Tracking whale behavior is crucial as these large holders can significantly influence price movements and market sentiment. The decrease from 558 to 533 wallets in this category indicates a distribution phase where larger holders are reducing their positions.
This sustained decline in whale accumulation could signal bearish pressure on LINK price in the short term.
LINK BBTrend Is At Its Lowest Level In Weeks
Chainlink BBTrend (Bollinger Bands Trend) indicator has weakened significantly, dropping from its peak of 18.2 on November 26 to just 0.44 currently while maintaining positive territory since November 25.
The BBTrend helps identify trend strength and potential reversals by measuring price movement relative to Bollinger Bands.
A potential shift to negative BBTrend territory could signal a trend reversal and increased selling pressure for LINK.
When BBTrend turns negative, it typically indicates price movement below the middle Bollinger Band, suggesting bearish momentum that could lead to further downside movement in LINK’s price.
LINK Price Prediction: A Potential 42% New SurgeLINK recent attempt to breach $22, a level unseen since 2022, suggests potential for significant upward movement.
If successful on its next attempt, the cryptocurrency could target $25 before advancing toward $30, which would represent its highest value since 2021 and translate to a substantial 42% price growth from current levels.
Conversely, failure to maintain upward momentum could trigger a downward correction.
In this scenario, LINK price might test initial support at $16.18, with the potential for further decline to $13.8 if this support level fails to hold.
#Chainlink's #LINK #altcoin #bitcoin100k #CryptoNews

The Trump family and allies are taking center stage at the Bitcoin MENA conference in Abu Dhabi, the Gulf's premier crypto event, as the digital currency industry revels in record-breaking highs. The conference, drawing over 6,000 attendees, marks a pivotal moment for the crypto sector as President-elect Donald Trump pledges to position the U.S. as the global crypto hub.
Key Highlights from the Event:
Eric Trump's Keynote Address: President-elect Trump's son, Eric, will headline the conference, delivering a keynote speech on Tuesday and engaging in a "whale-only" VIP discussion for high-net-worth investors.
World Liberty Financial’s Growing Influence: Co-founded by the Trump family, World Liberty Financial (WLF) is gaining traction as a major crypto platform. Donald Trump, the platform’s chief advocate, holds 22.5 billion WLF tokens and a share of its revenues.
Elite Speakers:
Steve Witkoff: Billionaire and Middle East envoy, co-founder of WLF, will speak to VIP investors.
Justin Sun: Founder of Tron and the largest WLF token investor with a $30 million stake.
Changpeng Zhao (CZ): Binance founder, will join a whale session despite recent legal controversies.
Paul Manafort: Trump’s 2016 campaign manager, will share insights on his political journey with Trump.
Crypto and Politics Converge:
President-elect Trump has promised to make America the "crypto capital of the planet," energizing the industry. Bitcoin recently shattered records, hitting an all-time high of $100,000. His administration is actively assembling a pro-crypto team, including AI and crypto czar David Sacks, a former PayPal executive.
Elon Musk, a key Trump ally and mega-donor, has also thrown significant weight behind the industry. Musk’s influence, alongside millions in donations from digital asset veterans, underscores the growing ties between crypto and U.S. politics.
Market Impact:
The Gulf conference showcases the booming confidence in digital assets as global players gather to strategize the future of crypto. With Donald Trump’s backing and promises to foster a crypto-friendly environment, industry leaders are eyeing major opportunities in this unprecedented era of collaboration between politics and blockchain.

#TrumpFamily #CryptoRevolution #Bitcoin100K #CryptoLeadership #BlockchainTransformation

$1 mln for Bitcoin? Eric Trump thinks so – Here’s what it will take
Eric Trump predicts Bitcoin will reach $1 million on his Mena conference speech, sparking debates on America’s crypto dominance.
Right now, all the eyes are on what is next for Bitcoin [BTC] after hitting its 100k milestone. Eric Trump, the son of the former U.S. President Donald Trump, has made an audacious forecast for Bitcoin’s future.
Speaking at the Bitcoin Mena Conference in Abu Dhabi, he forecasted that BTC could go as high as $1 million in what he termed as a “financial revolution.”
But what is really compelling in this prediction is the vision Eric laid out-one that intertwines Bitcoin’s growth with America’s emergence as a crypto powerhouse.
Eric Trump’s vision for Bitcoin and America
During his speech, Eric Trump expressed unwavering confidence in Bitcoin’s unprecedented growth potential. He declared,
“I can tell you, a lot of eyes were open when Bitcoin hit $100,000, and I can tell you that a hell of a lot more eyes are going to be opened when Bitcoin hits $1 million.”
This was not just a forecast, but part of a bigger story-a vision of America as the global crypto hub, free of the shackles of over-regulation and high taxes that have long blighted innovation.
Building on this, Eric announced that the Trump administration would work to take on institutions opposing cryptocurrencies.
In his speech, the son of the president-elect said,
“Think about a President who isn’t going to allow Bitcoin and cryptocurrencies to be over-regulated and stifled by high taxes.”
This urge paints a picture of a future where innovation thrives.
Community reacts to $1M prediction
The crypto community has not taken Eric Trump’s forecast uniformly. As much as Bitcoin enthusiasts welcomed his optimism, many skeptics questioned the validity of such an ambitious target.
Curiously enough, the statement comes after Donald Trump celebrated Bitcoin’s $100,000 milestone on Truth Social recently, further putting the limelight on the growing interest of the Trump family in the cryptocurrency space.
To some market analysts, this is what Eric’s prediction could mean for the resurgence of interest, particularly in conservative and pro-Trump demographics.
However, the road to $1 million is paved with challenges which would take a perfect storm of economic and market conditions.
Could Bitcoin hit $1M?
As of this writing, Bitcoin was trading at around 101K, showing resilience amid market fluctuations.
At press time, Bitcoin’s prices were currently testing the key monthly pennant’s resistance. A break past the price level, probably on Trump’s inauguration month, could take BTC to $1M with relative ease.
Interestingly, Bitcoin’s ETF has recorded the highest inflows and volumes since the Trump administration election back in November.
The surge indicated a growing adoption by institutional investors, which could in term suggest potential significant moves in the near future.
Also, with the rising inflation and Bitcoin’s recent proximity to Gold, major investors could shift the investment portfolios to BTC.
#Bitcoin100K #BTC #EricTrump #cryptomarket #CryptoNews