📈Așadar, am văzut o mișcare locală ascendentă și o consolidare deasupra zonei de rezistență locală. Momentan se încearcă să ajungem la următoarea rezistență locală și este posibil ca în viitorul apropiat să reușim să ajungem la ea.
🗣Așteptăm cu nerăbdare începerea următoarei săptămâni de lucru. În ceea ce privește mișcările în sus mai serioase, m-aș aștepta la ele dacă se consolidează deasupra zonei de rezistență locală extremă🕯
Bitcoin has PERFECTLY filled our buy orders at the $38,500 level and pumped from there.
Talking about the current situation, we have a 1D candle closure above the $41,300 level which is a good sign of bulls' strengths.
Overall, I still don't believe we will see price much lower than $37,000 in this cycle. Grayscale been selling thousands of Bitcoins and we still above AND higher than $40,000. What does it mean?
The buy pressure is insane. No one will give us a chance to buy $32,000 or lower
🗞️According to CoinGlass analytics, there is an assumption that if Bitcoin reaches $46,000, it could lead to a massive liquidation of short positions in the market.
💰The total amount of liquidations could be about $5 billion, which will significantly affect market dynamics.
🗣This often leads to even higher prices, as the liquidation of short positions increases demand for the asset.
🗞️ An official Xpayments page has been created on Twitter (X) - the crypto community is waiting for high-profile announcements with the integration of DOGE Dogecoin, BTC with the Lightning Network, etc.
🗣Something interesting is coming, I advise you to pay attention to DOGE (a pump is possible)
#BITCOIN on Weekly TF, flipped below the support and rejecting it as resistance now. Price also holding above the structural support area showing buyer confidence. Well, Its kinda closing to a Doji Candlestick, which is a indecisive candle pattern. But the key point is closing below $42,000, will be bearish for the market and easily turned down towards the $40,000 and below. Have a strong eye on the market.
There are several reasons why I decided to do this:
1. The price chart looks decent, there were a deviation below the crucial support level, but now the token back above it and consolidating there. Very bullish 12h - 1d chart ❗️
2. Secondly, there are rumors that there will be Airdrops of tokens (projects) that are working with #PYTH or using one in their work The Pyth Network is partnering with a bunch of working protocols and blockchains that are still UNLISTED, so chances of receiving good token airdrops are quite high!
More to say, there are no token unlocks to investors/KOLs/funds until May 2024 Overall climate for investing is quite positive. Holding some tokens on spot and some in staking. Waiting for the news to be confirmed Not a fast money, but must worth it ❗️
Marketcap still in a bullish market structure, in we'll see the top view. There are some minor breaks in below but still tend to be bullish. Well, price might again text the $750B Support zone before going up. We still have room for price to reach the Resistance area of $950B Mark. Attempting fresh trades would be not preferred.
Dominance looks better and better day by day! Firstly I expected this breakdown of the orange trend line to be just another fake one, but now....
It looks more like a сompression to the level 1 by Fibo. Bitcoin Dominance has >60% chances of breaking this resistance that will lead to the new wave of growth on Altcoins🚀
The chart below shows an oscillator for the percent change of futures open interest. This tool can be used to spot periods of rapid change in aggregate market leverage.
🔴 High values indicate OI has increased by +2 standard deviations. 🔵 Low values indicate OI has decreased by -2 standard deviations.
We can see that there was a significant deleveraging event on 3-January where almost $1.5B of OI was closed out in a single day. Conversely, OI increased significantly between 9 and 11 January as ETF speculation peaked, and prices approached $49K.
This was greeted by a weekend sell-off back down to $40k, with new owners of ETF shares introduced to Bitcoin's 24/7 trading environment.
🗣As I already told you, trading will take place in the trading range of $42,000 - $42,500. In general, the situation is more long. If the day closes above $42,500 then we are more likely to continue moving up📈