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$ALTs UPDATE -- The price action of the $ALTs market cap is currently respecting its horizontal resistance level, marked between 3.62T and 3.59T. 📊 The market cap is consolidating at this level, signaling a potential breakout scenario. 🔄 With the rise in volume, there is an increasing likelihood that the price action will flip this resistance zone into support. ✅ If this happens, we can expect a further increase in the prices of $ALTs. 🚀 #AltSeasonOnTheWay #writetoearn
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📊 Bitcoin Market Cycle Update Current ROI: Here's how BTC ROI since cycle low compares to the last two cycles so far: 🔸 2015-2018: 5.90x 🔸 2018-2022: 10.47x 🔸 2022+ (current): 5.98x The current cycle is 26.94% below the average ROI of the last two cycles (8.18x), highlighting the challenges of sustaining exponential growth as liquidity needs increase. Bull Market Volatility: Here’s how this bull market’s corrections compare to the previous cycles: Average Drawdowns: 🔹 2022+: -7.68% 🔹 Overall: -16.24% Max Drawdowns: 🔹 2022+: -26.25% 🔹 Overall: -71.15% (2011-2013) This cycle stands out as the least volatile, with the mildest corrections compared to its predecessors. Bitcoin’s evolution continues, balancing reduced volatility with steady growth as the market matures and becomes more institutionalized. 📈 #BTC☀ #RLUSDApprovalBoostXRP #writetoearn #Write2Earn!
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$BTC Analysis DECEMBER 11th, 2024 ------------------- BIAS: Mid-Term: BULLISH Short-Term: BULLISH -------------------- The price action of $BTC on the H1 timeframe is currently respecting the resistance trendline, with signs of attempting a breakout. 📊 A successful breakout and retest of this level could pave the way for further upward momentum and a potential pump. 🚀 ----------------- MAIN INTEREST LEVELS ⬇️SHORT⬇️ $102,218 ⬆️LONG⬆️ $96,034 PREDICTED DAILY RANGE $90,000 to $105,000 #BTC☀ #BTC500K #Write2Earn! #writetoearn
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💰 $1 MILLION BTC? Star Xu, CEO of one of the largest exchanges on earth OKX, now predicts that Bitcoin will hit $1 Million. This prediction is going to keep coming up, you're going to see it a lot. I believe it will hit $1 Million per Bitcoin in the next decade. $1 Million Bitcoin is the new $100,000 Bitcoin. Last cycle everyone was saying we would hit $100,000, and we got to mid $60s range. Expect the exact same diluulu from folks who don't understand the supply and demand cycle of Bitcoin alot over the next year. My top of market Bitcoin prediction for this cycle is, and has been, $180k BTC by August 2025. #BTC #ETH #BNB #writetoearn #Write2Earn!
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The Cost Basis Distribution metric reveals where Bitcoin supply has clustered at key price levels. Recent data shows $99,559 as the largest accumulation zone below $100K (a total of 125K BTC), while $96K–$98K, with 120K BTC accumulated, shapes up as a potential short-term support level. CBD also highlights $101,669 (44K BTC) as a level to watch. While $99,559 shows stronger accumulation, it may act more as an area of interest than immediate resistance, depending on how market momentum evolves. Typically exclusive to Professional plan users, the Cost Basis Distribution Heatmap is now accessible to Advanced plan users until the end of 2024. #BTC #BNB #writetoearn #Write2Earn!
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