As long as bitcoin stays below 100.000$ the market is bearis | MihaiDaniel a Binance Square-en

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As long as bitcoin stays below 100.000$ the market is bearish , as long as bitcoin stays above 90.000$ the bull market is still on ! 

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@MihaiDaniel

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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!

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#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!

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When the crypto market has a correction if Bitcoin drops 10% the following top 10 Altcoins can correct between 10% and 20% , Altcoins in the top 20 - 100 can have corrections between 20% and 35% while small projects have between 30% and 90 %.

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Bitcoin bear flag on the h time frame chart , target 92.270$ , that could be the local bottom for this week

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Clean break for bitcoin , new ATH done , what next ? My guess is that 115.000$ could be in cards before Rate cut on 19 December!

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Legfrissebb hírek

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Microsoft and Amazon Urged to Consider Bitcoin Investments

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BNB Surpasses 660 USDT with a Narrowed 4.39% Decrease in 24 Hours

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Russia's Central Bank Unveils Digital Ruble Strategy

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DekaBank Secures Cryptocurrency Custody License in Germany

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