BitcoinAnalysis
Просмотров: 27,888
13 Публикации
Популярные
Новые
Bitcoin Analysis Update 🚨
➡️ Technical Analysis:
Bitcoin is currently consolidating within a range, gearing up for its next upward move. It is approaching a key resistance level, while a critical support level remains intact. As long as Bitcoin does not close a daily candle below this support, the bullish trend remains strong.
Repeated tests of the resistance have weakened it, increasing the likelihood of a breakout. If Bitcoin manages to close a daily candle above this resistance, we could see it targeting $110K and $125K.
➡️ Fundamental Analysis:
The next few weeks could be pivotal for Bitcoin, with two major events to watch:
1. December 18 – Fed Interest Rate Decision
The Federal Reserve is widely expected to announce a 25 basis point rate cut. This development would be highly bullish for Bitcoin and the broader crypto market. A rate cut could act as a catalyst for Bitcoin to break through its resistance and push higher.
2. January 20 – Donald Trump’s Inauguration Ceremony
The upcoming inauguration is another potentially bullish event. While no immediate spike is expected on January 20 itself, the momentum from the December 18 announcement could build steadily and carry through to this date.
⚠️ Important Note:
This may turn out to be a "buy the rumor, sell the news" scenario. Similar to the pattern seen during the BTC ETF approval, Bitcoin could experience a rally ahead of these events, followed by short-term volatility or a correction before resuming its bullish trajectory.
➡️ Conclusion:
Both technical and fundamental signals point to a bullish outlook for Bitcoin. Keep a close watch on the December 18 rate decision as a key turning point.
#BitcoinAnalysis #ChristmasMarketAnalysis $BTC
$ETH
Bitcoin is currently consolidating within a range, gearing up for its next upward move. It is approaching a key resistance level, while a critical support level remains intact. As long as Bitcoin does not close a daily candle below this support, the bullish trend remains strong.
Repeated tests of the resistance have weakened it, increasing the likelihood of a breakout. If Bitcoin manages to close a daily candle above this resistance, we could see it targeting $110K and $125K.
➡️ Fundamental Analysis:
The next few weeks could be pivotal for Bitcoin, with two major events to watch:
1. December 18 – Fed Interest Rate Decision
The Federal Reserve is widely expected to announce a 25 basis point rate cut. This development would be highly bullish for Bitcoin and the broader crypto market. A rate cut could act as a catalyst for Bitcoin to break through its resistance and push higher.
2. January 20 – Donald Trump’s Inauguration Ceremony
The upcoming inauguration is another potentially bullish event. While no immediate spike is expected on January 20 itself, the momentum from the December 18 announcement could build steadily and carry through to this date.
⚠️ Important Note:
This may turn out to be a "buy the rumor, sell the news" scenario. Similar to the pattern seen during the BTC ETF approval, Bitcoin could experience a rally ahead of these events, followed by short-term volatility or a correction before resuming its bullish trajectory.
➡️ Conclusion:
Both technical and fundamental signals point to a bullish outlook for Bitcoin. Keep a close watch on the December 18 rate decision as a key turning point.
#BitcoinAnalysis #ChristmasMarketAnalysis $BTC
$ETH
If Inflation Rises – The Macro Environment for Crypto Will Become Less Favorable
1️⃣. The FED and PCE Inflation Are Pressuring the Crypto Market
✅ On December 18th, during the Federal Open Market Committee (FOMC) meeting, FED Chair Jerome Powell carried out the third interest rate cut of the year, as anticipated by the market. However, he also took a more hawkish stance on monetary policy for 2025. Due to signs of rising PCE inflation, the FED now plans to reduce interest rates only twice in 2025, instead of the four times previously expected.
✅ Financial markets immediately reacted negatively to this announcement, and the crypto market, being highly sensitive to macroeconomic factors, was no exception:
Bitcoin dropped from $108,000 to $92,000, losing over 15% of its value. Altcoins declined by an average of 20%-50%, with some returning to price levels seen when Bitcoin was below $60,000.
2️⃣. The Importance of Macroeconomic Factors for the Crypto Market
✅ Currently, the total market capitalization of crypto stands at $3.5 trillion, equivalent to the GDP of the United Kingdom. Although still small compared to the global capital markets, crypto’s current size means it cannot avoid being affected by global macroeconomic trends.
✅ The crypto market’s growth throughout 2024 was driven by a series of favorable conditions:
Improved global liquidity, reflected in the growth of the M2 money supply from major central banks.FED’s continuous rate cuts in 2024, providing conditions for capital flows into risk assets like Bitcoin and altcoins.Pro-Crypto policies from President Donald Trump, boosting confidence in the market.
✅ However, the current landscape is rapidly changing. The PCE inflation index – the FED’s preferred measure of inflation – is showing signs of rising again, while the FED’s tightening monetary policy remains in effect. The FED not only keeps interest rates high but is also withdrawing liquidity from the market by reducing its asset holdings (such as bonds) on its balance sheet. If inflation continues to rise sharply, the FED may even raise interest rates again, potentially accepting an economic crisis, as it has done in the past, to combat inflation.
3️⃣. PCE Inflation and the Future of the Crypto Market
✅ In a context of persistent inflation, crypto – which is considered a high-risk asset – will face significant challenges if the FED maintains high interest rates or raises them again:
Liquidity Drain: Higher capital costs will lead to reduced flows into risk assets.Declining Value: Bitcoin and altcoins will struggle to remain attractive as traditional assets like bonds become more appealing.Market Sentiment: Pessimism may spread if inflation spirals out of control, potentially triggering another crypto winter.
4️⃣. Strategies to Prepare for the Future
✅ For crypto investors, closely monitoring macroeconomic indicators is essential. Among them, the PCE inflation index in the United States is currently the most critical:
If PCE stabilizes or decreases, crypto can continue its long-term growth trend.If PCE rises sharply, prepare for a scenario of significant corrections, or even a prolonged crypto winter.
✅ Additionally, building a long-term strategy is crucial:
Diversify portfolios to reduce concentration risk in highly volatile altcoins.Consider holding a portion of assets in stablecoins or less risky instruments to preserve capital.Keep a close eye on the FED’s actions and global monetary policies to adjust strategies promptly.
5️⃣. Conclusion
✅ The mantra “Don’t fight the FED” has always been true for financial markets, and crypto is no exception. With a market capitalization of $3.5 trillion, crypto is no longer a market that operates “outside” macroeconomic forces. While the growth seen in 2024 was fueled by favorable conditions, this may not last forever. To succeed in this market, investors must always prepare for the worst scenarios and remain adaptable to changes in the macroeconomic environment.
✅ Investing without considering the macroeconomic environment is like farming without checking the weather forecast. Every sector is interconnected, and we cannot analyze any single field in isolation.
#BitcoinAnalysis
#MacroEconomics
#FEDPolicy
#InflationImpact
#GlobalLiquidity
✅ On December 18th, during the Federal Open Market Committee (FOMC) meeting, FED Chair Jerome Powell carried out the third interest rate cut of the year, as anticipated by the market. However, he also took a more hawkish stance on monetary policy for 2025. Due to signs of rising PCE inflation, the FED now plans to reduce interest rates only twice in 2025, instead of the four times previously expected.
✅ Financial markets immediately reacted negatively to this announcement, and the crypto market, being highly sensitive to macroeconomic factors, was no exception:
Bitcoin dropped from $108,000 to $92,000, losing over 15% of its value. Altcoins declined by an average of 20%-50%, with some returning to price levels seen when Bitcoin was below $60,000.
2️⃣. The Importance of Macroeconomic Factors for the Crypto Market
✅ Currently, the total market capitalization of crypto stands at $3.5 trillion, equivalent to the GDP of the United Kingdom. Although still small compared to the global capital markets, crypto’s current size means it cannot avoid being affected by global macroeconomic trends.
✅ The crypto market’s growth throughout 2024 was driven by a series of favorable conditions:
Improved global liquidity, reflected in the growth of the M2 money supply from major central banks.FED’s continuous rate cuts in 2024, providing conditions for capital flows into risk assets like Bitcoin and altcoins.Pro-Crypto policies from President Donald Trump, boosting confidence in the market.
✅ However, the current landscape is rapidly changing. The PCE inflation index – the FED’s preferred measure of inflation – is showing signs of rising again, while the FED’s tightening monetary policy remains in effect. The FED not only keeps interest rates high but is also withdrawing liquidity from the market by reducing its asset holdings (such as bonds) on its balance sheet. If inflation continues to rise sharply, the FED may even raise interest rates again, potentially accepting an economic crisis, as it has done in the past, to combat inflation.
3️⃣. PCE Inflation and the Future of the Crypto Market
✅ In a context of persistent inflation, crypto – which is considered a high-risk asset – will face significant challenges if the FED maintains high interest rates or raises them again:
Liquidity Drain: Higher capital costs will lead to reduced flows into risk assets.Declining Value: Bitcoin and altcoins will struggle to remain attractive as traditional assets like bonds become more appealing.Market Sentiment: Pessimism may spread if inflation spirals out of control, potentially triggering another crypto winter.
4️⃣. Strategies to Prepare for the Future
✅ For crypto investors, closely monitoring macroeconomic indicators is essential. Among them, the PCE inflation index in the United States is currently the most critical:
If PCE stabilizes or decreases, crypto can continue its long-term growth trend.If PCE rises sharply, prepare for a scenario of significant corrections, or even a prolonged crypto winter.
✅ Additionally, building a long-term strategy is crucial:
Diversify portfolios to reduce concentration risk in highly volatile altcoins.Consider holding a portion of assets in stablecoins or less risky instruments to preserve capital.Keep a close eye on the FED’s actions and global monetary policies to adjust strategies promptly.
5️⃣. Conclusion
✅ The mantra “Don’t fight the FED” has always been true for financial markets, and crypto is no exception. With a market capitalization of $3.5 trillion, crypto is no longer a market that operates “outside” macroeconomic forces. While the growth seen in 2024 was fueled by favorable conditions, this may not last forever. To succeed in this market, investors must always prepare for the worst scenarios and remain adaptable to changes in the macroeconomic environment.
✅ Investing without considering the macroeconomic environment is like farming without checking the weather forecast. Every sector is interconnected, and we cannot analyze any single field in isolation.
#BitcoinAnalysis
#MacroEconomics
#FEDPolicy
#InflationImpact
#GlobalLiquidity
$BTC is under the spotlight this season as traders eye potential moves during the holidays. 📈 With volatility on the rise, is this the time to go all-in, or play it safe? Bitcoin continues to dominate conversations—are we heading toward a bullish breakout, or should we prepare for market corrections? Let’s share insights, strategies, and predictions. Are you holding or trading this holiday season? 🎄🚀
#CryptoTrading #BitcoinAnalysis #ChristmasMarketAnalysis
#CryptoTrading #BitcoinAnalysis #ChristmasMarketAnalysis
🚨 BTC Market Watch: Manipulation, Liquidations, and the Fed’s Impact 🚨
Is the Bitcoin Market Being Manipulated? 🧐
Recent events, including the Fed’s statement that it “can’t own Bitcoin,” and speculation surrounding large players like MicroStrategy (MSTR), have raised questions. Are institutions dumping BTC to drive prices down, trigger liquidations, and reaccumulate at lower levels? Let’s dive in. 👇
The Role of Margin Liquidations
When whales dump large holdings, it triggers cascading liquidations on over-leveraged margin accounts. Here’s how it unfolds:
1️⃣ Whales Sell: Big sell-offs drive BTC prices below key support levels (e.g., $90,500).
2️⃣ Liquidation Chains: Margin traders with 10x+ leverage hit stop-outs, forcing exchanges to sell positions, amplifying the sell-off.
3️⃣ Panic Selling: Retail investors panic, pushing prices even lower.
💡 Result: Whales swoop back in, reaccumulating at discounted levels, priming the market for the next big pump.
Parallels to the Robinhood Incident
This setup mirrors what happened during the Robinhood/GME saga:
• Retail traders got caught in a liquidity trap.
• Institutions used volatility to reposition.
• Winners were those who could hold through the chaos—or buy the dip.
Could we be seeing a similar scenario unfold with Bitcoin? 🤔
Key Levels to Watch
• Support: $90,500 and $80,500 – Vital to hold these zones to avoid further liquidations.
• Resistance: $100,000 – A psychological barrier that could spark a FOMO rally if breached.
What’s Next for BTC?
🔍 Institutional Plays: Expect volatility as large players position themselves for the long-term.
⚠️ Leverage Caution: Over-leveraged positions risk liquidation, amplifying volatility.
💡 Market Psychology: Whales thrive on fear and greed—stay informed and avoid emotional trades.
📣 Pro Tip: Watch for signals of whale accumulation after sharp drops. BTC’s decentralized nature makes it resilient, even in manipulated markets. Stay patient, focus on fundamentals, and trade responsibly.
Follow The CryptoStrategist for timely updates and actionable insights. Let’s navigate this market together! 🚀
#BTC #Liquidation #BitcoinAnalysis
#ChristmasMarketAnalysis #BTCNextMove
Recent events, including the Fed’s statement that it “can’t own Bitcoin,” and speculation surrounding large players like MicroStrategy (MSTR), have raised questions. Are institutions dumping BTC to drive prices down, trigger liquidations, and reaccumulate at lower levels? Let’s dive in. 👇
The Role of Margin Liquidations
When whales dump large holdings, it triggers cascading liquidations on over-leveraged margin accounts. Here’s how it unfolds:
1️⃣ Whales Sell: Big sell-offs drive BTC prices below key support levels (e.g., $90,500).
2️⃣ Liquidation Chains: Margin traders with 10x+ leverage hit stop-outs, forcing exchanges to sell positions, amplifying the sell-off.
3️⃣ Panic Selling: Retail investors panic, pushing prices even lower.
💡 Result: Whales swoop back in, reaccumulating at discounted levels, priming the market for the next big pump.
Parallels to the Robinhood Incident
This setup mirrors what happened during the Robinhood/GME saga:
• Retail traders got caught in a liquidity trap.
• Institutions used volatility to reposition.
• Winners were those who could hold through the chaos—or buy the dip.
Could we be seeing a similar scenario unfold with Bitcoin? 🤔
Key Levels to Watch
• Support: $90,500 and $80,500 – Vital to hold these zones to avoid further liquidations.
• Resistance: $100,000 – A psychological barrier that could spark a FOMO rally if breached.
What’s Next for BTC?
🔍 Institutional Plays: Expect volatility as large players position themselves for the long-term.
⚠️ Leverage Caution: Over-leveraged positions risk liquidation, amplifying volatility.
💡 Market Psychology: Whales thrive on fear and greed—stay informed and avoid emotional trades.
📣 Pro Tip: Watch for signals of whale accumulation after sharp drops. BTC’s decentralized nature makes it resilient, even in manipulated markets. Stay patient, focus on fundamentals, and trade responsibly.
Follow The CryptoStrategist for timely updates and actionable insights. Let’s navigate this market together! 🚀
#BTC #Liquidation #BitcoinAnalysis
#ChristmasMarketAnalysis #BTCNextMove
TheCryptoStrategist:
Let me know what your thoughts are
"Bitcoin: Did We Really Need the Fed’s Statement? 🤔📉"
Last Wednesday, everyone was anticipating the U.S. Federal Reserve’s statement and its potential market impact. But was that the sole event influencing Bitcoin’s movement? Absolutely not!
In reality, the chart doesn’t lie, and recent market events were clearly outlined for anyone focused on technical analysis. The current drop was entirely predictable, especially after technical signals confirmed that the previous rally was nothing more than a fake pump designed to liquidate trader positions.
🔍 How Was the Manipulation Unveiled?
The rapid upward move, unsupported by strong trading volume, was the first warning sign.
Critical resistance levels weren’t decisively broken, highlighting weak bullish momentum.
The price reversals were anticipated based on prior discussions, where open positions were targeted and the market structure adjusted.
📉 The Current Drop: No Surprise
Our analysis from yesterday was crystal clear: the market is plagued by repeated manipulation. These fake rallies aim to lure traders into opening positions, only to wipe them out with a sharp drop.
💡 Key Takeaways:
News events matter, but they’re not the sole market drivers.
Relying on technical analysis is crucial—it silently and accurately reflects the market’s reality.
Always trade with caution and don’t get trapped by rapid moves that could be deceptive.
Now, the big question: Do you expect the decline to continue, or could strong support levels restore balance to the market soon? Share your thoughts in the comments! 📝👇
#Binance
#FakeRally
#BitcoinAnalysis
#TradeWithCaution
#TechnicalAnalysis
$BTC
Last Wednesday, everyone was anticipating the U.S. Federal Reserve’s statement and its potential market impact. But was that the sole event influencing Bitcoin’s movement? Absolutely not!
In reality, the chart doesn’t lie, and recent market events were clearly outlined for anyone focused on technical analysis. The current drop was entirely predictable, especially after technical signals confirmed that the previous rally was nothing more than a fake pump designed to liquidate trader positions.
🔍 How Was the Manipulation Unveiled?
The rapid upward move, unsupported by strong trading volume, was the first warning sign.
Critical resistance levels weren’t decisively broken, highlighting weak bullish momentum.
The price reversals were anticipated based on prior discussions, where open positions were targeted and the market structure adjusted.
📉 The Current Drop: No Surprise
Our analysis from yesterday was crystal clear: the market is plagued by repeated manipulation. These fake rallies aim to lure traders into opening positions, only to wipe them out with a sharp drop.
💡 Key Takeaways:
News events matter, but they’re not the sole market drivers.
Relying on technical analysis is crucial—it silently and accurately reflects the market’s reality.
Always trade with caution and don’t get trapped by rapid moves that could be deceptive.
Now, the big question: Do you expect the decline to continue, or could strong support levels restore balance to the market soon? Share your thoughts in the comments! 📝👇
#Binance
#FakeRally
#BitcoinAnalysis
#TradeWithCaution
#TechnicalAnalysis
$BTC
Analysts Discussed: “Bitcoin Should Never Go Below This Level, Crash Could Be 100 Times Worse Than FTX and LUNA Crashes”
Alliance DAO partners recently expressed concerns in a podcast about potential risks to Bitcoin’s price over the next four years, especially if it falls below $58,000.
This figure is believed to be close to the liquidation threshold for MicroStrategy, the publicly traded company that owns one of the largest Bitcoin reserves.
MicroStrategy, led by Michael Saylor, has accumulated over 150,000 BTC, representing about 3% of the total Bitcoin supply.
According to the podcast, Saylor’s average Bitcoin purchase price is estimated to be $58,000. If Bitcoin falls below this level, the company could face significant liquidation risks.
Podcast participants speculated that such an event could potentially lead to a financial crisis “100 times larger” than the collapses of Terra Luna and FTX, both of which sent shockwaves through the cryptocurrency market.
On the bright side, the podcast also outlined a rather optimistic scenario where Bitcoin rises to $500,000. Such a price increase would not only validate MicroStrategy’s bold strategy, but it could also make Michael Saylor the richest person in history.
A Bitcoin price of $500,000, combined with MicroStrategy’s Bitcoin holdings, could make Saylor the first trillionaire in human history.
Michael Saylor has been a strong advocate of Bitcoin, often describing it as “digital gold” and a long-term hedge against inflation.
#BitcoinCrash #BitcoinAnalysis #CryptoCrash #FTX #LUNA $BTC $LUNA $LUNC
Alliance DAO partners recently expressed concerns in a podcast about potential risks to Bitcoin’s price over the next four years, especially if it falls below $58,000.
This figure is believed to be close to the liquidation threshold for MicroStrategy, the publicly traded company that owns one of the largest Bitcoin reserves.
MicroStrategy, led by Michael Saylor, has accumulated over 150,000 BTC, representing about 3% of the total Bitcoin supply.
According to the podcast, Saylor’s average Bitcoin purchase price is estimated to be $58,000. If Bitcoin falls below this level, the company could face significant liquidation risks.
Podcast participants speculated that such an event could potentially lead to a financial crisis “100 times larger” than the collapses of Terra Luna and FTX, both of which sent shockwaves through the cryptocurrency market.
On the bright side, the podcast also outlined a rather optimistic scenario where Bitcoin rises to $500,000. Such a price increase would not only validate MicroStrategy’s bold strategy, but it could also make Michael Saylor the richest person in history.
A Bitcoin price of $500,000, combined with MicroStrategy’s Bitcoin holdings, could make Saylor the first trillionaire in human history.
Michael Saylor has been a strong advocate of Bitcoin, often describing it as “digital gold” and a long-term hedge against inflation.
#BitcoinCrash #BitcoinAnalysis #CryptoCrash #FTX #LUNA $BTC $LUNA $LUNC
"Bitcoin Outlook: Between Volatility and Opportunity 🤔📉"
Bitcoin remains a hot topic, thanks to its sharp swings and unpredictable moves. With no major events like the halving on the horizon (still years away), the market’s direction relies on other influencing factors.
🔍 Key factors driving Bitcoin’s current movement:
1️⃣ Technical Indicators: Critical support and resistance levels are in focus, where breakouts and pullbacks are creating both opportunities and risks.
2️⃣ Global Economic News: Interest rate decisions, inflation, and economic uncertainty play a significant role in shaping crypto market trends.
3️⃣ Whale Activity: As always, large holders dictate market liquidity. Are we witnessing new accumulation or liquidation of positions?
📉 Challenges:
Market Manipulation: Fake rallies are often used to trap traders and shift the market in favor of big players.
Sudden Volatility: Unpredictable moves can lead to significant losses for traders without effective risk management.
📈 Opportunities:
Trading in Volatile Markets: Despite the risks, volatility offers seasoned traders excellent opportunities for short-term gains.
Long-term Vision: Historically, the market has shown resilience after downturns, but timing and strategy are crucial for success.
💡 Pro Tip:
Trade cautiously and base decisions on solid technical and fundamental analysis, not on emotions or rumors.
Effective risk management is your strongest weapon in navigating this unpredictable market.
What’s your take on the current situation? Are we seeing new opportunities, or is a deeper correction on the horizon? Share your thoughts in the comments! 📝👇
#Binance
#BTCOutlook
#CryptoTrading
#BitcoinAnalysis
$BTC
Bitcoin remains a hot topic, thanks to its sharp swings and unpredictable moves. With no major events like the halving on the horizon (still years away), the market’s direction relies on other influencing factors.
🔍 Key factors driving Bitcoin’s current movement:
1️⃣ Technical Indicators: Critical support and resistance levels are in focus, where breakouts and pullbacks are creating both opportunities and risks.
2️⃣ Global Economic News: Interest rate decisions, inflation, and economic uncertainty play a significant role in shaping crypto market trends.
3️⃣ Whale Activity: As always, large holders dictate market liquidity. Are we witnessing new accumulation or liquidation of positions?
📉 Challenges:
Market Manipulation: Fake rallies are often used to trap traders and shift the market in favor of big players.
Sudden Volatility: Unpredictable moves can lead to significant losses for traders without effective risk management.
📈 Opportunities:
Trading in Volatile Markets: Despite the risks, volatility offers seasoned traders excellent opportunities for short-term gains.
Long-term Vision: Historically, the market has shown resilience after downturns, but timing and strategy are crucial for success.
💡 Pro Tip:
Trade cautiously and base decisions on solid technical and fundamental analysis, not on emotions or rumors.
Effective risk management is your strongest weapon in navigating this unpredictable market.
What’s your take on the current situation? Are we seeing new opportunities, or is a deeper correction on the horizon? Share your thoughts in the comments! 📝👇
#Binance
#BTCOutlook
#CryptoTrading
#BitcoinAnalysis
$BTC
🚨 Bitcoin Price Outlook – Buyers Return to the Market! 🚨
🔹 Bitcoin Holds Support at 50-Day EMA
The Bitcoin market faced significant selling pressure early in Friday’s session, but found solid support at the 50-Day EMA. Despite the volatility, the long-term outlook remains bullish, as buyers look to capitalize on lower prices.
Bitcoin Technical Analysis
📊 The recent pullback saw Bitcoin lose 15% at one point, creating what looks like a classic "buy the dip" opportunity.
🔸 Bitcoin bounced strongly off the 50-Day EMA, signaling renewed interest from buyers.
🔸 The market appears to be carving out a range:
Bottom Range: $90,000
Top Range: $110,000
💡 What to Watch For:
Traders are stepping in to scoop up Bitcoin at lower levels, potentially setting the stage for a recovery. Keep an eye on the key resistance and support zones as the market stabilizes.
#BTCOutlook #BitcoinAnalysis #CryptoTrading $BTC
🔹 Bitcoin Holds Support at 50-Day EMA
The Bitcoin market faced significant selling pressure early in Friday’s session, but found solid support at the 50-Day EMA. Despite the volatility, the long-term outlook remains bullish, as buyers look to capitalize on lower prices.
Bitcoin Technical Analysis
📊 The recent pullback saw Bitcoin lose 15% at one point, creating what looks like a classic "buy the dip" opportunity.
🔸 Bitcoin bounced strongly off the 50-Day EMA, signaling renewed interest from buyers.
🔸 The market appears to be carving out a range:
Bottom Range: $90,000
Top Range: $110,000
💡 What to Watch For:
Traders are stepping in to scoop up Bitcoin at lower levels, potentially setting the stage for a recovery. Keep an eye on the key resistance and support zones as the market stabilizes.
#BTCOutlook #BitcoinAnalysis #CryptoTrading $BTC
$BTC is showing signs of movement! 🚀 What’s your #BTCOutlook for the end of the year? 📈 Will Bitcoin break resistance or consolidate? Share your insights and predictions before 2024/12/23! 💡🔍 #CryptoForecast #BitcoinAnalysis
“Bitcoin Should Never Go Below This Level, Crash Could Be 100 Times Worse Than FTX & LUNA.
Alliance DAO partners recently expressed concerns in a podcast about potential risks to Bitcoin’s price over the next four years, especially if it falls below $58,000.
This figure is believed to be close to the liquidation threshold for MicroStrategy, the publicly traded company that owns one of the largest Bitcoin reserves.
MicroStrategy, led by Michael Saylor, has accumulated over 150,000 BTC, representing about 3% of the total Bitcoin supply. According to the podcast, Saylor’s average Bitcoin purchase price is estimated to be $58,000. If Bitcoin falls below this level, the company could face significant liquidation risks.
Podcast participants speculated that such an event could potentially lead to a financial crisis “100 times larger” than the collapses of Terra Luna and FTX, both of which sent shockwaves through the cryptocurrency market.
On the bright side, the podcast also outlined a rather optimistic scenario where Bitcoin rises to $500,000. Such a price increase would not only validate MicroStrategy’s bold strategy, but it could also make Michael Saylor the richest person in history. A Bitcoin price of $500,000, combined with MicroStrategy’s Bitcoin holdings, could make Saylor the first trillionaire in human history.
Michael Saylor has been a strong advocate of Bitcoin, often describing it as “digital gold” and a long-term hedge against inflation.
#BitcoinCrash #BitcoinAnalysis #CryptoCrash #FTX #LUNA $BTC $LUNA $LUNC
This figure is believed to be close to the liquidation threshold for MicroStrategy, the publicly traded company that owns one of the largest Bitcoin reserves.
MicroStrategy, led by Michael Saylor, has accumulated over 150,000 BTC, representing about 3% of the total Bitcoin supply. According to the podcast, Saylor’s average Bitcoin purchase price is estimated to be $58,000. If Bitcoin falls below this level, the company could face significant liquidation risks.
Podcast participants speculated that such an event could potentially lead to a financial crisis “100 times larger” than the collapses of Terra Luna and FTX, both of which sent shockwaves through the cryptocurrency market.
On the bright side, the podcast also outlined a rather optimistic scenario where Bitcoin rises to $500,000. Such a price increase would not only validate MicroStrategy’s bold strategy, but it could also make Michael Saylor the richest person in history. A Bitcoin price of $500,000, combined with MicroStrategy’s Bitcoin holdings, could make Saylor the first trillionaire in human history.
Michael Saylor has been a strong advocate of Bitcoin, often describing it as “digital gold” and a long-term hedge against inflation.
#BitcoinCrash #BitcoinAnalysis #CryptoCrash #FTX #LUNA $BTC $LUNA $LUNC
🚀 $BTC Price Action Update! 🚀
Current Price: $97,232 (-0.68%)
24H High: $98,424.77 | 24H Low: $95,890.28
📉 After touching a local high of $99,540, BTC saw a slight retracement but remains poised above key support at $96,700. The market shows early signs of consolidation, hinting at a potential breakout! 📈
Next Targets:
Resistance: $99,750
Support: $96,500
🔑 Trading Strategy:
Look for bullish confirmation above $98,000 to target $100,000.
Set stop-losses below $96,500 to minimize downside risk.
⚡ Pro Tip: Secure partial profits if BTC nears $99,750 and watch for volume spikes to guide your next move.
#CryptoTrading #BTCUpdate #BinanceTrading #BitcoinAnalysis
Current Price: $97,232 (-0.68%)
24H High: $98,424.77 | 24H Low: $95,890.28
📉 After touching a local high of $99,540, BTC saw a slight retracement but remains poised above key support at $96,700. The market shows early signs of consolidation, hinting at a potential breakout! 📈
Next Targets:
Resistance: $99,750
Support: $96,500
🔑 Trading Strategy:
Look for bullish confirmation above $98,000 to target $100,000.
Set stop-losses below $96,500 to minimize downside risk.
⚡ Pro Tip: Secure partial profits if BTC nears $99,750 and watch for volume spikes to guide your next move.
#CryptoTrading #BTCUpdate #BinanceTrading #BitcoinAnalysis
📉$BTC BTC/USDT: Consolidating Below $97K!
💰 Price: $96,954.77 (-0.54%)
📈 24H High: $99,540.61
📉 24H Low: $96,398.39
📊 24H Volume: 22,342 BTC
Bitcoin struggles to reclaim the $97,000 level, showing signs of consolidation after a recent dip. Sellers seem to dominate as BTC moves sideways, unable to breach resistance near $99,540.
📌 Key Levels to Watch:
Resistance: $97,700 – A critical level for bullish continuation.
Support: $96,400 – Holding this line is essential to avoid further downside.
🔥 Market Insight:
Despite a minor decline, BTC remains a force to reckon with as it builds momentum for its next move. Keep an eye on volume and any bullish engulfing candles for signs of a breakout.
What’s your strategy? Accumulate or hold? Let’s discuss below!
#BTC #BitcoinAnalysis #CryptoSignals #CorePCESignalsShift #USJoblessClaimsFall
💰 Price: $96,954.77 (-0.54%)
📈 24H High: $99,540.61
📉 24H Low: $96,398.39
📊 24H Volume: 22,342 BTC
Bitcoin struggles to reclaim the $97,000 level, showing signs of consolidation after a recent dip. Sellers seem to dominate as BTC moves sideways, unable to breach resistance near $99,540.
📌 Key Levels to Watch:
Resistance: $97,700 – A critical level for bullish continuation.
Support: $96,400 – Holding this line is essential to avoid further downside.
🔥 Market Insight:
Despite a minor decline, BTC remains a force to reckon with as it builds momentum for its next move. Keep an eye on volume and any bullish engulfing candles for signs of a breakout.
What’s your strategy? Accumulate or hold? Let’s discuss below!
#BTC #BitcoinAnalysis #CryptoSignals #CorePCESignalsShift #USJoblessClaimsFall
$BTC Analysis and Prediction on Binance
📊 Current Price: $97,848.03
🔍 Market Overview: Bitcoin is currently consolidating following a recent pullback from the $105,000-$107,500 resistance zone. It is now trading within a critical support range between $98,800 and $100,500, suggesting potential for a reversal.
Key Levels to Watch:
Resistance: $105,000 - $107,500 (next breakout zone)
Support: $98,800 - $100,000
Analysis:
The chart shows a possible double-bottom formation near the $98,800 support level. Increased volume suggests accumulation, pointing to a potential bullish breakout if the price stays above $100,500. A breakout above $105,000 could propel BTC towards the $110,000-$112,500 range.
Prediction:
If Bitcoin holds above $100,000, expect a retest of $105,000. A confirmed breakout above this level could lead to a rally toward $110,000. However, if BTC drops below $98,800, it may face further retracement towards $95,000 or lower.
🔑 Trading Strategy:
Long Position: Enter near $100,000 with a stop loss at $98,000. Target levels: $105,000, $107,500, and $110,000.
Short Position: If BTC breaks below $98,800, target $95,000 with a stop loss at $101,000.
⚠️ Risk Management: Always apply proper position sizing and stop losses when trading in volatile markets.
#FranklinCryptoETF #BitcoinAnalysis #BinanceSignals #CryptoPredictions #TradingTips #Write2Earn!
📊 Current Price: $97,848.03
🔍 Market Overview: Bitcoin is currently consolidating following a recent pullback from the $105,000-$107,500 resistance zone. It is now trading within a critical support range between $98,800 and $100,500, suggesting potential for a reversal.
Key Levels to Watch:
Resistance: $105,000 - $107,500 (next breakout zone)
Support: $98,800 - $100,000
Analysis:
The chart shows a possible double-bottom formation near the $98,800 support level. Increased volume suggests accumulation, pointing to a potential bullish breakout if the price stays above $100,500. A breakout above $105,000 could propel BTC towards the $110,000-$112,500 range.
Prediction:
If Bitcoin holds above $100,000, expect a retest of $105,000. A confirmed breakout above this level could lead to a rally toward $110,000. However, if BTC drops below $98,800, it may face further retracement towards $95,000 or lower.
🔑 Trading Strategy:
Long Position: Enter near $100,000 with a stop loss at $98,000. Target levels: $105,000, $107,500, and $110,000.
Short Position: If BTC breaks below $98,800, target $95,000 with a stop loss at $101,000.
⚠️ Risk Management: Always apply proper position sizing and stop losses when trading in volatile markets.
#FranklinCryptoETF #BitcoinAnalysis #BinanceSignals #CryptoPredictions #TradingTips #Write2Earn!
Binance $BTC /USDT Signal Update
📉 Market Overview:
$BTC /USDT has experienced a sharp decline of 8.98%, with the current price trading at $93,248.02. The 24-hour high stands at $102,800.11, while the low is at $92,232.54. Recent candlesticks reflect significant bearish momentum, though minor recovery is observed near the $93,236 level.
---
Signal Analysis:
Entry Point: $93,300
Take-Profit Targets:
1. $94,500
2. $95,800
3. $97,000
Stop Loss: $92,000
---
Key Levels to Watch:
Resistance: $94,132 (Immediate), $96,332 (Major)
Support: $92,232 (Critical), $91,900 (Breakdown Risk)
---
Caution:
Wait for a clear breakout above $94,132 or sustained stability above $93,000 before committing to trades. Monitor RSI levels and volume closely for signs of trend reversal or further downward continuation.
---
#BTCUSDT #CryptoSignal #TradingAlert #BitcoinAnalysis #Binance
📉 Market Overview:
$BTC /USDT has experienced a sharp decline of 8.98%, with the current price trading at $93,248.02. The 24-hour high stands at $102,800.11, while the low is at $92,232.54. Recent candlesticks reflect significant bearish momentum, though minor recovery is observed near the $93,236 level.
---
Signal Analysis:
Entry Point: $93,300
Take-Profit Targets:
1. $94,500
2. $95,800
3. $97,000
Stop Loss: $92,000
---
Key Levels to Watch:
Resistance: $94,132 (Immediate), $96,332 (Major)
Support: $92,232 (Critical), $91,900 (Breakdown Risk)
---
Caution:
Wait for a clear breakout above $94,132 or sustained stability above $93,000 before committing to trades. Monitor RSI levels and volume closely for signs of trend reversal or further downward continuation.
---
#BTCUSDT #CryptoSignal #TradingAlert #BitcoinAnalysis #Binance
$BTC Analysis and Prediction on Binance
📊 Current Price: $100,540.47
🔍 Market Overview: Bitcoin is consolidating after a recent correction from the $105,000-$107,500 resistance zone. It’s currently trading within a key support area near $98,800 to $100,500, indicating potential for a reversal.
Key Levels to Watch:
Resistance: $105,000 - $107,500 (next breakout zone)
Support: $98,800 - $100,000
Analysis:
The current chart shows Bitcoin forming a possible double-bottom pattern near $98,800.
Volume suggests accumulation, indicating a potential bullish breakout if the price sustains above $100,500.
A break above $105,000 could push BTC toward the $110,000-$112,500 range.
Prediction:
If BTC holds above $100,000, expect a retest of $105,000. A confirmed breakout above this level could lead to a rally toward $110,000.
If it breaks below $98,800, a deeper retracement to $95,000 or lower is possible.
🔑 Trading Strategy:
Long Position: Enter near $100,000 with a stop loss at $98,000. Targets: $105,000, $107,500, and $110,000.
Short Position: If $98,800 is broken, target $95,000 with a stop loss at $101,000.
⚠️ Risk Management: Always use proper position sizing and stop losses in volatile markets.
#FranklinCryptoETF #BitcoinAnalysis #BinanceSignals #CryptoPredictions #TradingTips
📊 Current Price: $100,540.47
🔍 Market Overview: Bitcoin is consolidating after a recent correction from the $105,000-$107,500 resistance zone. It’s currently trading within a key support area near $98,800 to $100,500, indicating potential for a reversal.
Key Levels to Watch:
Resistance: $105,000 - $107,500 (next breakout zone)
Support: $98,800 - $100,000
Analysis:
The current chart shows Bitcoin forming a possible double-bottom pattern near $98,800.
Volume suggests accumulation, indicating a potential bullish breakout if the price sustains above $100,500.
A break above $105,000 could push BTC toward the $110,000-$112,500 range.
Prediction:
If BTC holds above $100,000, expect a retest of $105,000. A confirmed breakout above this level could lead to a rally toward $110,000.
If it breaks below $98,800, a deeper retracement to $95,000 or lower is possible.
🔑 Trading Strategy:
Long Position: Enter near $100,000 with a stop loss at $98,000. Targets: $105,000, $107,500, and $110,000.
Short Position: If $98,800 is broken, target $95,000 with a stop loss at $101,000.
⚠️ Risk Management: Always use proper position sizing and stop losses in volatile markets.
#FranklinCryptoETF #BitcoinAnalysis #BinanceSignals #CryptoPredictions #TradingTips
Alors on en est out avec les Crypto ?#BTCNextMove #BTC #BitcoinAnalysis #BNB #Usual
1. J’espère que vous avez appliqué les tips sur les suivis d’imbalance daily
2. Que vous avez su les utiliser pour diminuer le facteur de baisse de capital
3. Et garder du cash pour rentrer au plus bas
On reparlera des imbalances. Faites cet exercice :
- repérez les imbalances daily
- repérez les échecs de comblement (moment ou vendre)
- positionner des ordres limites avec iceberg dans les zones d’imbalance (les balayer en 3 ou 4 positions)
- repérer les cassures d’imbalances (moment ou vendre)
De mon coté j’ai pu éviter 1/3 de l’effet de cette correction (au moment où je vous écris) en ne voulant pas croire à une baisse sous les 96k. Erreur.
Découverte : la puissance de USUAL. Un coin à prendre en DCA, d’ailleurs belle imbalance daily entre 1.20 et 1.30 qui était un bon point d’achat. Si grosses pertes, convertir en Usual pourrait être une safe zone.
Attention ce week-end on peut attendre peu de mouvement (si la baisse se stabilise).
Mardi, il faudra bien avoir en-tête les bornes « Monday high » et « Monday low ».
Mon sentiment sur les crypto :
- court terme : vigilence
- long terme : menace sur le bull run
Soyez prudents. Si débutants ne cédez pas à la panique. Servez vous des leçons de ces baisses brutales.
NB: si cela vous est utile, merci pour vos like, follow et share.
1. J’espère que vous avez appliqué les tips sur les suivis d’imbalance daily
2. Que vous avez su les utiliser pour diminuer le facteur de baisse de capital
3. Et garder du cash pour rentrer au plus bas
On reparlera des imbalances. Faites cet exercice :
- repérez les imbalances daily
- repérez les échecs de comblement (moment ou vendre)
- positionner des ordres limites avec iceberg dans les zones d’imbalance (les balayer en 3 ou 4 positions)
- repérer les cassures d’imbalances (moment ou vendre)
De mon coté j’ai pu éviter 1/3 de l’effet de cette correction (au moment où je vous écris) en ne voulant pas croire à une baisse sous les 96k. Erreur.
Découverte : la puissance de USUAL. Un coin à prendre en DCA, d’ailleurs belle imbalance daily entre 1.20 et 1.30 qui était un bon point d’achat. Si grosses pertes, convertir en Usual pourrait être une safe zone.
Attention ce week-end on peut attendre peu de mouvement (si la baisse se stabilise).
Mardi, il faudra bien avoir en-tête les bornes « Monday high » et « Monday low ».
Mon sentiment sur les crypto :
- court terme : vigilence
- long terme : menace sur le bull run
Soyez prudents. Si débutants ne cédez pas à la panique. Servez vous des leçons de ces baisses brutales.
NB: si cela vous est utile, merci pour vos like, follow et share.
Carolyne Geoghan Yt4U:
nowa krypto moneta , z tego co sie dowiedziałem to wchodzi 23 grudzień
Bitcoin | First Line of Defense
Pair: BTC/USDT
Current Price: $101,070.85 (-2.7%)
Bitcoin’s first line of defense lies within key areas of interest, highlighted as blue boxes on the chart. However, the absence of strong demand zones suggests a cautious approach. Waiting for upside breakouts on lower timeframes is recommended before considering long positions.
Key Considerations:
The ongoing correction introduces uncertainty, making it essential to monitor the depth of price movements.
Keeping cash reserves ensures flexibility to adapt as the market evolves.
Trading Philosophy:
A clean and simple chart promotes clarity and better decision-making. This approach is rooted in years of experience, focusing on identifying high-probability setups. While no one can predict the market with certainty, patience and careful observation remain vital during uncertain phases.
#BitcoinAnalysis #BTCStrategy #TradeWisely #Write2Earn! $BTC
$BNB
#BinanceAirdropsCATandPENGU
Pair: BTC/USDT
Current Price: $101,070.85 (-2.7%)
Bitcoin’s first line of defense lies within key areas of interest, highlighted as blue boxes on the chart. However, the absence of strong demand zones suggests a cautious approach. Waiting for upside breakouts on lower timeframes is recommended before considering long positions.
Key Considerations:
The ongoing correction introduces uncertainty, making it essential to monitor the depth of price movements.
Keeping cash reserves ensures flexibility to adapt as the market evolves.
Trading Philosophy:
A clean and simple chart promotes clarity and better decision-making. This approach is rooted in years of experience, focusing on identifying high-probability setups. While no one can predict the market with certainty, patience and careful observation remain vital during uncertain phases.
#BitcoinAnalysis #BTCStrategy #TradeWisely #Write2Earn! $BTC
$BNB
#BinanceAirdropsCATandPENGU
Bitcoin rompe los $108K! ¿Próxima parada: $115K o más?
¡Bitcoin ha alcanzado un hito histórico, cruzando la barrera de $105,000 por primera vez! Actualmente cotizando a $108,000, Bitcoin no muestra signos de desaceleración después de consolidarse brevemente a $104,000 más temprano en el día.
📊 Análisis TécnicoEl sentimiento general sigue siendo fuertemente alcista, con Bitcoin cotizando por encima de su Promedio Móvil Simple (SMA) de 21 días—un indicador clave de un impulso ascendente sostenido. Los analistas sugieren que la próxima resistencia crítica se encuentra en $108,000, y si #Bitcoin supera este nivel, podríamos verlo aumentar hacia $115K o incluso $125K en las próximas semanas.
Sin embargo, por otro lado, si $BTC cae por debajo de la zona de soporte de $104,000, un retroceso a $90K podría ser posible.
BTC
106,364.29
+0.16%
🔑 Niveles Clave a Observar:Resistencia: $110K – Una ruptura aquí podría impulsar un crecimiento adicional.Soporte: $104K – Los toros deben defender este nivel para evitar una corrección más profunda.Con el creciente interés institucional y el sentimiento positivo del mercado, el impulso favorece a los toros. ¡Observa estos niveles de cerca mientras Bitcoin continúa su viaje histórico hacia arriba!
💡 ¿Qué impulsa el rally de Bitcoin?Adopción Institucional: Grandes empresas e instituciones continúan acumulando Bitcoin como un refugio contra la inflación.Especulación sobre la política de EE.UU.: Los rumores sobre una reserva estratégica de Bitcoin en EE.UU. han alimentado el optimismo, impulsando aún más el rally.Fuerza Técnica: La capacidad de Bitcoin para mantener los niveles de soporte muestra una fuerte confianza de los compradores.
La comunidad cripto está llena de emoción mientras Bitcoin avanza hacia territorio desconocido. ¡Abróchate el cinturón—este viaje apenas comienza!
#BTCUSDT #CryptoNews #BitcoinAnalysis
$BTC $BNB
¡Bitcoin ha alcanzado un hito histórico, cruzando la barrera de $105,000 por primera vez! Actualmente cotizando a $108,000, Bitcoin no muestra signos de desaceleración después de consolidarse brevemente a $104,000 más temprano en el día.
📊 Análisis TécnicoEl sentimiento general sigue siendo fuertemente alcista, con Bitcoin cotizando por encima de su Promedio Móvil Simple (SMA) de 21 días—un indicador clave de un impulso ascendente sostenido. Los analistas sugieren que la próxima resistencia crítica se encuentra en $108,000, y si #Bitcoin supera este nivel, podríamos verlo aumentar hacia $115K o incluso $125K en las próximas semanas.
Sin embargo, por otro lado, si $BTC cae por debajo de la zona de soporte de $104,000, un retroceso a $90K podría ser posible.
BTC
106,364.29
+0.16%
🔑 Niveles Clave a Observar:Resistencia: $110K – Una ruptura aquí podría impulsar un crecimiento adicional.Soporte: $104K – Los toros deben defender este nivel para evitar una corrección más profunda.Con el creciente interés institucional y el sentimiento positivo del mercado, el impulso favorece a los toros. ¡Observa estos niveles de cerca mientras Bitcoin continúa su viaje histórico hacia arriba!
💡 ¿Qué impulsa el rally de Bitcoin?Adopción Institucional: Grandes empresas e instituciones continúan acumulando Bitcoin como un refugio contra la inflación.Especulación sobre la política de EE.UU.: Los rumores sobre una reserva estratégica de Bitcoin en EE.UU. han alimentado el optimismo, impulsando aún más el rally.Fuerza Técnica: La capacidad de Bitcoin para mantener los niveles de soporte muestra una fuerte confianza de los compradores.
La comunidad cripto está llena de emoción mientras Bitcoin avanza hacia territorio desconocido. ¡Abróchate el cinturón—este viaje apenas comienza!
#BTCUSDT #CryptoNews #BitcoinAnalysis
$BTC $BNB
TECHNICAL ANALYSIS OF BITCOIN
#BitcoinAnalysis #bitcoin☀️
$BTC
Here's a technical analysis of Bitcoin (BTC) based on its current price action:
Current Price: $102,699.23
Time Frame: 4-Hour Chart
Trend Analysis:
- Short-Term Trend: Neutral
- Mid-Term Trend: Bullish
- Long-Term Trend: Bullish
Key Levels:
- Support: $98,500 (200-period moving average)
- Resistance: $110,000 (psychological level)
- Fibonacci Levels:
- 23.6%: $105,000
- 38.2%: $100,000
- 61.8%: $95,000
Indicators:
- Relative Strength Index (RSI): 54.21 (neutral)
- Bollinger Bands: $98,500 - $110,000
- Moving Averages:
- 50-period MA: $100,000
- 200-period MA: $98,500
Candlestick Patterns:
- Current Pattern: Spinning Top
- Previous Pattern: Bullish Engulfing
Technical Analysis Summary:
Bitcoin's short-term trend is neutral, while its mid-term and long-term trends remain bullish. The current price action is consolidating between the $98,500 support and $110,000 resistance levels. A break above $110,000 could trigger a bullish rally, while a drop below $98,500 might lead to a bearish correction.
Keep in mind that technical analysis is subjective and should be used in conjunction with fundamental analysis and risk management techniques. Always do your own research and consider multiple sources before making any investment decisions.
$BTC
Here's a technical analysis of Bitcoin (BTC) based on its current price action:
Current Price: $102,699.23
Time Frame: 4-Hour Chart
Trend Analysis:
- Short-Term Trend: Neutral
- Mid-Term Trend: Bullish
- Long-Term Trend: Bullish
Key Levels:
- Support: $98,500 (200-period moving average)
- Resistance: $110,000 (psychological level)
- Fibonacci Levels:
- 23.6%: $105,000
- 38.2%: $100,000
- 61.8%: $95,000
Indicators:
- Relative Strength Index (RSI): 54.21 (neutral)
- Bollinger Bands: $98,500 - $110,000
- Moving Averages:
- 50-period MA: $100,000
- 200-period MA: $98,500
Candlestick Patterns:
- Current Pattern: Spinning Top
- Previous Pattern: Bullish Engulfing
Technical Analysis Summary:
Bitcoin's short-term trend is neutral, while its mid-term and long-term trends remain bullish. The current price action is consolidating between the $98,500 support and $110,000 resistance levels. A break above $110,000 could trigger a bullish rally, while a drop below $98,500 might lead to a bearish correction.
Keep in mind that technical analysis is subjective and should be used in conjunction with fundamental analysis and risk management techniques. Always do your own research and consider multiple sources before making any investment decisions.
$BTC /USDT Facing Strong Pressure – Watch Critical Levels Closely... After making new ATH $BTC now down to $103,700.. A retest mode... maybe down to $102,000... Surely will hit New ATH $110,000
Bitcoin (BTC) is currently trading at $103,636.25, marking a slight recovery of +0.96% but still hovering near its 24-hour low of $102,473.01. The price action reveals increasing selling pressure, pushing BTC down from its earlier high of $106,648.00. This steep decline, especially toward the key support zone at $103,625, signals a potential short-term breakdown if the level fails to hold. Traders should monitor $104,263 as an immediate resistance; a rejection here could amplify downward momentum, while a breakout above could see BTC retesting $105,640 or higher. With volatility rising, strategic entries near support and tight risk management are key to capitalizing on short-term moves.
#BTC #BitcoinAnalysis #CryptoTrading #Write2Earn!
Bitcoin (BTC) is currently trading at $103,636.25, marking a slight recovery of +0.96% but still hovering near its 24-hour low of $102,473.01. The price action reveals increasing selling pressure, pushing BTC down from its earlier high of $106,648.00. This steep decline, especially toward the key support zone at $103,625, signals a potential short-term breakdown if the level fails to hold. Traders should monitor $104,263 as an immediate resistance; a rejection here could amplify downward momentum, while a breakout above could see BTC retesting $105,640 or higher. With volatility rising, strategic entries near support and tight risk management are key to capitalizing on short-term moves.
#BTC #BitcoinAnalysis #CryptoTrading #Write2Earn!