#BTC Bitcoin $129,000 in arrivo..$BTC | Technical Crypto Analyst su Binance Square

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Technical Crypto Analyst

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#BTC   Bitcoin $129,000 in arrivo..$BTC 

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#USDT.D If we imagine that the dollar index is in a descending channel, we can expect the price to complete the AB=CD pattern. The price is returning and pulling back to the midline of the channel. We expect a further decline, which will cause the growth of Bitcoin and altcoins.

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Analyzing #KAIAUSDT ($KAIA ) 1. Support and Resistance: • Support: Holding above 0.2600 suggests strong support. • Resistance: Resistance near 0.2800 could signal potential pullbacks. 2. Target Price: • If stability is maintained above 0.2600, a target of 0.2900-0.3000 may be achievable in the coming months. 3. Sell Price: • Consider a sell range of 0.2800-0.2900 based on market sentiment and volume trends. 4. Fair Value: • The 0.2600 level appears to reflect fair value, provided the trend remains stable. Outlook: If $KAIA holds above 0.2600, the long-term trend could remain bullish, with potential growth toward 0.2900-0.3000 barring significant market disruptions.

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Bitcoin’s price has exceeded $107,000, setting a new all-time high. The surge is primarily driven by President-elect Donald Trump’s proposal to create a U.S. Bitcoin Strategic Reserve, modeled after the Strategic Petroleum Reserve. This proposal indicates a potential shift towards a more cryptocurrency-friendly approach by the incoming administration. Since Trump’s election, Bitcoin’s value has increased by 50%. The total cryptocurrency market capitalization has doubled, surpassing $3.8 trillion. $BTC

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The price of #IOTX moves in a very strong channel in the 4H - TF , and after forming a bearish harmonic pattern, the price decreases towards the bottom of the channel. It is expected that after reaching the bottom of the channel, it will start to grow again and break the dynamic resistance and pump up to the top of the channel .

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The price of #AR reached the support level of $29.300 - $31.300 and was supported from that area. The dynamic resistance has been broken and the price is expected to rise again to the resistance level of $46.00 - $49.10.

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Ultime notizie

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Nexo 7RCC Bitcoin And Carbon Credit Futures ETF Amendment Submitted

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Luxembourg Passes Blockchain Law to Facilitate DLT Securities

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Circle's USDC Circulation Increases by $900 Million

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