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Shamika Edi
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#BTCBreaksATH BTCBreaksATH Yesterday’s D1 candle had a long upper shadow that moved to the ATH (All Time High) area, then bounced down and closed near the bottom, showing that there was selling pressure in the old high area. However, there is one noteworthy moment: although yesterday’s candle was under strong selling pressure in the ATH zone, it did not break through the bottom of the previous candle, indicating that the demand supporting the price is still strong. * In the H4 box: Demand is more clearly shown in the H4 box, where the H4 candle appears with a very long lower shadow at maximum volume. So the selling force when BTC reaches the ATH could simply be a short-term profit-taking session causing a slight market correction, which is why I still maintain the view that BTC will break through its high in the near future.
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#BTCBreaksATH BTCBreaksATH The inauguration ceremony has concluded smoothly, but Trump made no mention of crypto in his speech. Meanwhile, the market continues its downward trend. BTC initially broke its ATH but then retraced sharply, liquidating many positions. A rebound is likely once BTC finishes its liquidity grab and finds strong support. Key levels to watch include $100,900—a major liquidity zone. Once that level is tested, BTC could regain momentum and push back toward $109,000 or higher. Timing the exact reversal is tricky, but a strong bounce is expected once selling pressure eases and demand returns.
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#BTCBreaksATH BTCBreaksATH Bitcoin (BTC) has recently achieved a new all-time high, surpassing $109,000. This surge is attributed to investor optimism regarding potential crypto-friendly policies under President Donald Trump's administration. Additionally, the launch of the $TRUMP meme coin has garnered significant attention, reaching a market capitalization of nearly $11 billion. Despite the enthusiasm, the cryptocurrency market remains volatile, and investors are advised to exercise caution.
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#BTCBreaksATH #BTCBreaksATH Bitcoin has indeed broken its previous all-time high, reaching a new record price. As of today, January 21, 2025, the current price of Bitcoin is $108,376.33, representing a 0.67% increase.¹ This upward trend is expected to continue, with predictions suggesting a 5.62% increase to reach $113,713.41 by January 23, 2025. The bullish sentiment is supported by technical indicators, including the 50-day and 200-day moving averages, which are both rising.² This suggests a strong short-term and long-term trend. Here's a brief overview of the predicted price movements for Bitcoin: - *January 22, 2025*: $111,269.54 (3.35% increase) - *January 23, 2025*: $113,713.41 (5.62% increase) - *January 24, 2025*: $114,823.77 (6.65% increase) Keep in mind that these predictions are subject to market fluctuations and may not be entirely accurate. However, the overall sentiment remains bullish, indicating a potential continuation of the upward trend.
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#BTCBreaksATH BTCBreaksATH 🚀 Bitcoin Hits New All-Time High! 🏆 Bitcoin has done it again! 🌟 The world’s leading cryptocurrency smashed its previous all-time high, reaching unprecedented levels. 📈💥 Investors and crypto enthusiasts are celebrating this historic moment, marking another milestone in Bitcoin’s journey. This surge reflects growing adoption, institutional interest, and the ever-increasing trust in decentralized finance. 💡🔐 Are we entering a new bull market? Only time will tell! ⏳ Keep an eye on the charts 📊 and join the conversation! What are your thoughts on this breakout? Let us know below! 💬🔥
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Senator Cynthia Lummis Reaffirms Support for Bitcoin
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