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#bitcoin☀️
is the top-performing asset of 2024.
Izjava o omejitvi odgovornosti: Vključuje mnenja tretjih oseb. Ni finančni nasvet. Lahko vključuje sponzorirano vsebino.
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$BTC price has broken below the 200 SMA, which could signal onset of a Downtrend. That 200 SMA now turned from support into resistance. Price has so far failed to break through down trendline (see chart). Notice also that the Gap from $74K to $90K from early November (after US elections) has now been mostly filled, which is positive. It is getting oversold (RSI ~ 30) near $75 support, hence, we could see it bounce up near-term. We would be buyers around $75K, with +10% upside potential back to $83K.
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🔥 Top Crypto Market Highlights: 📍 Bullish Pattern Breakouts: $POWR $CRV $LDO 📍 Short-Term Trend Upgrade: $BTC $XRP $AVAX 📍 Strong Uptrend: $GT $FTN $ULTIMA 📍 Early Bullish Momentum Inflection $BCH $PI $NFT Find more #cryptotrading ideas: https://altfins.com/crypto-markets/crypto-market-highlights
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🔥 Top Crypto Market Highlights: 📍 Bullish Pattern Breakouts: $LTC $MANA $LDO 📍 Short-Term Trend Upgrade: $BTC $XRP $BNB 📍 Strong Uptrend: $GT $FTN $ULTIMA More trade ideas on altFINS
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$ETH price is in a Downtrend, trading in a Channel Down pattern, which typically resolves in a bullish breakout. We wait for such breakout, which could signal at least a temporary trend reversal.
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➡️ Weekly performance of top 50 coins by market cap Top Gainers $KAS +22.0% $ATOM +20.7% $PEPE +19.6% Top Losers $TRX -8.0% $ENA -12.4% $LBTC -16.6%
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