$BTC sold off at the intersection of the 0.5 Fibonacci level and the top of the correction channel. This is exactly the same price action I mentioned in my previous post. So what will happen next?

There is not much to talk about for the bullish scenario, $92500 price level should definitely not be broken and we need to see $99963.70 and then 100K levels break upwards.

In the bearish scenario, the declines should continue, the supports at $99963.70 and then $92232.54 should be broken. In such a case, the minimum target will be around 85K.

Bearish scenario seems to be the most likely to happen at the moment.

#XmasCryptoMiracles

While I believe that $BTC 's long-term bull trend continues, I am not yet sure whether the correction is over in the medium term. In my previous posts, I have shared my counts of when the correction is over and when it is not. In the short term, $BTC is approaching a critical junction. We are very close to the top of the channel and the price movements that will occur from the moment we hit it will more or less reveal the market's plans in the medium term.

#ReboundRally

As I said in my previous post, $BTC has rebounded and its target is the top of the channel we are in. This level is a MoB (make or break) level for $BTC and is around the 100K price level. This level must be broken with considerable momentum for the rise to continue. Otherwise, another correction wave will be waiting for us.

#MarketRebound

Has $BTC finished its correction? Or is it still ongoing? The market has not yet given us a clear signal, but I expect it to very soon. For now, the price seems to be rising within a channel. The top of the channel intersects with the psychological price level of 100K. If the price does not break the channel decisively upwards, the probability of seeing new lows will increase considerably, even if it is not certain.

Update at 01:37 AM: I consider the deep correction that has occurred in the last few hours as a sign that we will see deeper correction in $BTC . For this reason, I change my preferred count like that $BTC will test the 100K price level with an upward reaction from the current price level, but it will fail and then we will see a deeper correction. Click here for my previously published related post.

Now my alternative count is a scenario where we will target new highs after break of the 100K price level with a significant momentum. Click here for my previously published related post.

#ChristmasMarketAnalysis

$BTC continues to consolidate around its first target, the 95K-98K price range. The 143K-171K price range, which is the intersection of many Fibonacci targets, is our next target. If we see overly optimistic market conditions, $BTC could reach the 213K and 317K price levels, respectively.

My outlook is that we will see at least 150K in the bull cycle we are in. Then we will definitely see a correction consisting of three waves. Will this correction be the beginning of the next bear market? We will wait and see.

#BTCOutlook

In my previous post, I mentioned that the correction in $BTC may have ended. Today, while going over this analysis again, I realized that there may be some alternative scenarios and I wanted to share the most reasonable one with you.

The most important reason supporting this scenario is why the market maker would turn the market upward without taking the liquidity below the $90,500 price level?

In the current situation, breaking the $98,233 price level is a positive sign. Today and tomorrow's price movements will provide us with evidence as to which scenario is valid.

#MarketPullback

It looks like $BTC is set to continue its upward trend by completing one of the most complex corrections I have seen. However, it must first break the resistance at $98233 and not fall below $92232. Breaking below this level would be an indication that the correction is not over yet, but I see a break of the support at $90000 as unlikely for now.

#BTCNextMove

$BNB continues to make higher highs and higher lows. Corrections should be considered as buying opportunities. Technically, its target is the $2500-2750 price range, but first we need to see it break the $1005-1165 price range with considerable momentum.

#MarketCorrectionBuyOrHODL

Are you looking for a coin with at least 10X potential? If so, take a look at my previous post and get a preliminary information about $KAIA . Then come back to this post and take a look at what awaits you in terms of technical analysis. Then DYOR on $KAIA and see if my technical analysis is supported by fundamental analysis. Finally, determine the amount you want to buy and press the buy button. That's all!

Reminder: Please don't forget to follow and like my posts that you find useful. Also, don't forget to follow @Kaia Chain to stay informed about the developments in the project.

#MarketCorrectionBuyOrHODL

After the recent market movements, I felt the need to make changes to my short-term analysis of $VET . There are currently no changes to my medium and long-term analysis and expectations.

I expect $VET to continue its correction movement to the $0.045-$0.040 price range.

Click here to access my previous analysis.
#MarketNewHype

$BTC 's medium and long-term uptrend continues, but it is not yet clear what the depth of the correction will be in the short term. After all, take a look at my two wave counts that say the uptrend will continue but differ in the depth of the correction. What do you think $BTC will do next? Let's discuss!
#BitcoinKeyZone

I think that altcoins in the RWA category will become the focus of institutions in 2025. Even if this prediction does not come true with the enthusiasm I expected in this bull market, it will definitely come true in the next one.

For example, I wanted to take a look at the long, medium and short term analysis of $VET . I know that the price predictions I will give here will seem very crazy to many people, but I am sharing what I see in my analysis directly.

Short-term target: $0.80-$1.00 price range. The probability of occurrence in this bull market is very high.
Medium-term target: $2.35-$5.00 price range. The probability of occurrence in this bull market is low but not impossible.
Long-term target: $60-$100 price range. The probability of occurrence in this bull market is almost impossible.

Please keep in mind that what I am sharing here is only the technical analysis part. There is also the fundamental analysis part of it, which I will leave to you to research.

$VET continues to make new highs and lows, leaving support levels behind. $0.10 is seen as its first target. According to Elliott wave theory, we should see a correction consisting of three waves after this point, where most of its gains will be give back. So, we should wait for opportunities to come to us without getting carried away by FOMO.

It looks like $BTC is aiming for new highs. What are we left behind? A pretty ugly triangle correction formation and a support level around 95k. If my count is correct, the price won't see below 95k for a long time.
#BTCReclaims101K

$RAY continues its upward trend, at least for now! It looks like we are in an extended fifth wave. We know what will happen after this uptrend; a three-wave correction. Will this correction remain just a correction for higher prices or will it be a messenger of the next bear market? Let's discuss!

Recent major airdrops like HYPE and Magic Eden’s $ME are turning heads in the crypto world. Magic Eden’s $ME distribution stands out as one of the largest, with over $390 million in tokens allocated to its community. Despite initial technical challenges and a price dip post-launch, its pre-market performance demonstrated robust demand, signaling strong investor interest as the ecosystem matures.

This trend underscores how platforms reward early adopters and drive engagement. Upcoming features like staking and cross-chain integration are expected to boost $ME’s utility further.

Looking ahead, other promising airdrops, such as U2U Network and XION, could be next to watch. These projects aim to follow the community-driven model, leveraging tokenomics to incentivize users. Always stick to official channels to avoid scams when participating.

What’s your take on these airdrops, and are you excited about the next big opportunity? Let’s discuss!

#MajorAirdropWatch

After last night's sharp correction, I felt the need to update my analysis for $SAGA . In doing so, I will share my main and two alternative counts at the same time, so you can anticipate what the market might do next.

$ICP is moving towards support levels. Potential support levels are in the $11-$13 price range. Also, if you wish, click here to view my previous ICP analysis dated June 8, 2024. This will be very useful for understanding how the market has developed so far.