Now Stomach Clear, Ready For Run for next Target 🐂

#BTC $BTC

Bitcoin has reclaimed the $97,000 mark with a 24-hour trading volume of $100.528 billion. Notably, the largest cryptocurrency by market cap has displayed a neutral price action over the last week, highlighting a cool-off phase for it.

The Simple Moving Average (SMA) shows a bearish convergence in the daily time frame. This displays an increase in the selling-over-buying pressure for the Bitcoin token in the market.

The Moving Average Convergence Divergence (MACD) records a constant red histogram, with its averages showing a steady decline in the BTC price chart. This suggests a negative outlook for the largest token by market capitalization.

If the BTC token regains momentum, it may reclaim its $98,000 mark. If the bulls gain traction, this could push the price of Bitcoin toward the $100,000 mark.

However, a bearish action could pull the price toward $95,000. Furthermore, if the bears dominate the crypto space, the price of Bitcoin could plunge toward its low of $92,000 today.
#BTC #2024withBinance #ETH
$BTC $ME $XRP

Don't Panic Dear Long Traders . I ran a lot, had indigestion 💩 so I'm cleaning my stomach in the washroom. Wait, I'll run fast again when it’s finished ⌛

Hold with patience please 🥵🫂

#BTC #DOGE #ADA
$BTC $ETH $XRP

Michael Saylor Says Forget Stocks—Bitcoin Is the Real Long-Term Bet
$GMT

#BURNGMT

The Bitcoin dominance chart is showing a decline, currently at around 55%, after breaking a key support level at 57%. This confirms that altcoins are likely to outperform Bitcoin in the near future, hinting at a start of a major altcoin season.
#BTC #BTC100K
$BTC

The Bitcoin liquidation heat map shows significant liquidity building around $104,000 to $105,000. If Bitcoin breaks above this level, we could see a short squeeze, pushing the price higher. There are also other liquidity levels between $102,000 and $105,000, which could play a role in future price action.
#BTC #2024withBinance
$BTC

Bitcoin’s Open Interest (OI) surged to over $129 billion and a volume of over $466 billion in the past 24 hours, signaling heightened demand from investors. In the past 24 hours, Tether printed $1 billion on Ethereum, but the Bitcoin meltdown was inevitable as trading volume remained low relative to the social media hype.

Consequently, Bitcoin’s bull run needed a cool down to attract more buyers and gain more fuel for a rally beyond $100k.
#BTC100K! #BTC100K #BTC
$BTC

After teasing above $100k for the first time for the between part of Thursday, Bitcoin price dropped around 10 percent to almost retest the support level above $92k. The flagship coin traded around $97,680 on Friday, December 6, during the early Asian session, signaling yesterday’s breakout above $100,000 as a fakeout.

Following the sudden Bitcoin selloff in the past 24 hours, more than $900 million was rekt from the entire crypto market, mostly involving long traders. Bitcoin pairs were the most affected with about  $498 million, out of which $421 million were long traders.
#BTC100K #BTC100K! #BTC

bitcoin above $100k, it is very clear that the alt market will soon follow. There is no single reason to why is Bitcoin going up today but its is a collective power of multiple factors. BTC is Expected to reach $120k soon, however rising RSI points towards a cool down. Also, the market tends to take advantage of such situations. People are going in with huge confidence & greed which is a great time for the market to rekt them. Just in the last one hour, over $130 million worth of funds were liquidated, most of which came in from shorts. The market takes some steps back in order to retest the support and if it fails to do so, the price can plummet under panic. We might see huge inflows into the Bitcoin etfs as well but investors should exercise caution.
#BTC100K #BTC100K! #BTC #ETH

Mt. Gox Trustees transferred over 27,871 BTC to wallet 1N7J…u8Yp and another 3.82k BTC worth $386.01 million to their cold wallet 1JEZ…APs6. The wallet 1Fho…LFRT now holds 39,878 btc worth $4.10 billion. This shifting of Bitcoin has taken place after the price of crypto surpassed $100k. The reason behind this movement is still unknown.
#BTC100K #BTC100K! #BTC

BTC price hits new ATH above the $100,000 mark, the cryptocurrency market has achieved a new benchmark in the world market. With the total market cap surpassing the $3.59 Trillion mark, Bitcoin alone contributes ~$2 Trillion.


#BTC100K!

You will get nothing from shorting a coin when it's in a strong uptrend.
Do not try to fight with the trend , Always try to find long setups when the market is bullish because that's where the most amount of the money is made.
#ETHOnTheRise #ETH

The famous meme coin Shiba Inu might be getting ready to break its previous all-time high. The movements on charts are spreading excitement among the Shib Army. At the end of October 2021, as the crypto market was about to take a dip, the dog-themed meme coin started its downward journey. From a peak of $0.00008854, it touched the bottom at $0.00000543 in June 2023. What are the symptoms that point towards an uprising? Let’s discuss.

Historical Price Patterns of Shiba Inu
Before we dive into the current conditions, let’s have a look at the past. As Niccolò Machiavelli said, “Whoever wishes to foresee the future must consult the past.” Since June 2022, SHIB has been moving mostly in a confined zone between $0.00000731 and $0.00001320. The memecoin finally broke out of this range in February 2024.

The price has been following the support and resistance levels indicated by the Fibonacci retracement perfectly. In the last week of February 2024, SHIB surged by 371.98% to reach $0.00003564, however, it could not hold this position for long. Facing rejection from the 0.618 level of Fib at $0.00003429, the token started another down movement. From March to November 2024, Shiba Inu moved in a symmetrical triangle only to receive an upside breakout during the US election.

#ETHOnTheRise
$ETH

ETH

The cryptocurrency market has reached a new all-time high (ATH) of approximately $3.64 trillion, marking a 2% increase in the past 24 hours. This surge is driven by significant gains in altcoins such as Ethereum (ETH), Ripple’s XRP, Hedera (HBAR), Dogecoin (DOGE), and Solana (SOL). Notably, XRP has surpassed Solana and Tether (USDT) to become the third-largest cryptocurrency by market capitalization
#ETHOnTheRise
$ETH

The Ethereum price has rebounded at its critical $3,500 support level in the last 24 hours. However, while price action suggests potential for upward movement, the futures market indicator reveals an alarming divergence in market sentiments. The open interest metric has reached a new all-time high. This spike suggests an unprecedented level of speculative activity in Ethereum’s derivatives market. Moreover, this surge in open interest is occurring without a surge in the price of the ETH token. This raises concerns about increased volatility and possible liquidation cascades. Notably, if the Ethereum price faces a sudden downturn or a major crash, the overleveraged positions could trigger a wave of forced liquidations, resulting in a major price plunge.
#BTC #ETH #ADA #XRP

Tether has minted an additional $1 billion USDT on the Ethereum blockchain, marking a significant move in stablecoin circulation. This brings Tether’s total minting to $16 billion for November alone, signaling heightened demand for stablecoins across crypto markets. The increase aligns with growing liquidity needs as traders and institutions seek stability amid market volatility. Tether’s expanding supply continues dominating the stablecoin market, reinforcing its pivotal role in trading and DeFi activities globally. Meanwhile, Tether’s USDT surge, boosted its market cap by 10.5% to $133 billion, dominating with a 69.9% market share.
#BTC #ETH #ThanksgivingBTCMoves
$BTC $ETH

Bitcoin has recently surged past the $96,475 mark, up over 1.3% in the last 24 hours, continuing its strong upward trend. This positive movement is supported by key market indicators that suggest short-term bullish momentum is building.

Meanwhile, Financelot’s tweet shows an interesting chart with some clear signs of growth. Bitcoin’s price is moving within an ascending channel, and the MACD pointing upwards. These signals suggest that market strength is growing and investor confidence is on the rise.

Bitcoin looks like it's about to break above $100k, potentially running to $109k this week before collapsing.

$BTC #BTC #ETH

Winslow Strong (@winslow_strong), director of the Qualia Research Institute, deposited 9,380 $ETH worth $33.7M to #Coinbase just 2 hours ago. Since ETH began rebounding in early November, Strong has unloaded most of his remaining ETH, totaling 14,233 $ETH worth $48.8M at an average price of $3,431. His moves reflect a profit-taking trend among whales as ETH builds momentum. Currently, the Ethereum price is trading at $3568 following the 2.15% drop last night. Will the profit-taking whales continue to slow down Ethereum’s rally in this bull market? 
#ETH #BTC

Fibonacci extension levels also play a crucial role here. The $100,000 mark is seen as a major psychological resistance. If Bitcoin manages to break through this, it could aim for the next target of $109,000, based on the 4.236 Fibonacci extension. 

Some analysts believe that this could happen within the next few days as Bitcoin’s momentum continues to build.

Potential Correction If Failed $100K
While the short-term outlook remains positive, Financelot hints at a likely correction following the anticipated rally. The chart’s wedge-like formation near the current price suggests caution, as such patterns often indicate pullbacks. 

If Bitcoin fails to hold above $100K, traders might witness a steep decline, potentially revisiting lower support levels around $87K.

Dormant Bitcoin Wallets Awakens

However, recent data from Santiment reveals a significant drop in Bitcoin’s Mean Dollar Invested Age (MDIA) has dropped sharply, falling from 637 days in October to 466 days—a 27% decrease.
This means older, inactive Bitcoin is being traded again, a sign of growing confidence in the market. If MDIA continues to fall, it could mean even stronger bullish momentum, as more Bitcoin enters the market.
#BTC #ETH #PEPE #ADA #XRP

Bitcoin’s price is known for being volatile, and Holmes believes that’s just part of the game. He explained that Bitcoin’s price moves are much more dramatic than traditional assets like stocks. For example, it can rise or fall 15% quickly, while the stock market usually moves by just 3%. Holmes sees these sharp price changes as normal, and he believes recent price drops are just a healthy pause before Bitcoin moves up again.

In short, this is just a temporary break, and fear of $85K is stemming from the Fed’s rate cut. Once this is over the prices will soon touch $120K as expected by many, probably after Trump takes charge and creates a crypto-friendly environment as promised. 
#BTC #ETH