Do not #panic remember this | crypto geek - trader on Binance Square

Trending Articles

Bookmarked and Liked

crypto geek - trader

--

Do not #panic remember this

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

37

0

Replies 0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

crypto geek - trader

@Square-Creator-cryptogeek

Explore More From Creator

🪙 #BTC The CME opened today at the same prices as they closed on Friday. The weekend passed calmly, as expected. Similarly, no significant movements should be anticipated for the rest of the year. The focus is already shifting to the calculations for the next year. Nevertheless, yesterday Bitcoin attempted to rebound from the 4-hour MA50-100 and the Ichimoku Cloud and break above the resistance zone. However, a local downtrend hinders further movement. ❗️ Today, the price bounced down from this trendline, but Bitcoin is currently being supported by dynamic levels, primarily the MA100 and the Ichimoku Cloud. The breakout of resistance or support will indicate the priority for Bitcoin's further price movement: ⚫️ Break above 43.6K — upward movement to 44.2K - 45K ⚫️ Break below 42.5K — downward movement to 42K - 41K It is currently challenging to predict further movement. However, considering that the price has firmly established itself below the breached support zone, the outlook appears less favorable, at least in the short term. Bitcoin dominance: 52.01%; Fear and Greed Index: 71 (Greed); Altseason Index: 67; Market capitalization: $1.6 trillion. #BitcoinUpdate #crypto2024catch #BNB #BTC/Update #BTC!💰

--

🔥CME closed for the weekend at a level of 43.8K. This indicates that the closure above the breached resistance zone may also occur on the weekly chart, which is generally favorable. There is nothing new on the chart; the price is moving within a "bullish pennant" on the 4-hour chart. It is crucial to stay above 43K and break above 44K to continue the upward movement. However, dominance is showing a significant decrease: the price bounced off the mid-boundary of the ascending channel and is now attempting to break below the lower boundary. Altcoins are feeling positive against this backdrop. It is hoped that dominance will start a substantial decline soon. However, this won't happen without breaking out of the ascending channel. Bitcoin dominance: 52.88%; Fear and Greed Index: 70 (Greed); Altseason Index: 55; Market capitalization: $1.61 trillion. #BTC!💰 #BTC/Update #CryptmasEmojiChallenge #BinanceWish #BNB

--

#BTC45k #btctoday #CryptoProjection On the 4-hour chart, a "bullish flag" is forming right above the broken resistance zone and below the -27% Fibonacci level. Once the upper boundary of the flag is breached, the rise towards $45-46k will begin. Overall, the market looks good. Particularly noteworthy is SOL, which has finally reached the psychological mark of $100, but we'll discuss that separately. On the BTC chart, in addition to the formation of bullish patterns, the breaking of significant resistances, and compression toward the next ones, there are also expectations for the approval of spot BTC-ETFs in early next year. Against this backdrop, the market is moving upward, especially altcoins, as BTC dominance locally decreases while the price remains in place. In summary: I'm waiting for the breakout of $44k and the continuation of the rise to $45-46k, and in the best-case scenario, $48-50k. These figures are quite realistic in the near future, especially given the positive information about ETFs. Bitcoin Dominance: 53.12%; Fear and Greed Index: 74 (Greed); Altcoin Season Index: 53; Market Capitalization: $1.64 trillion.

--

🪙 #BTC 📈Bitcoin has broken above $43k. The day closed quite well, around $43.6k, and on the 4-hour chart, there are already several candles above the resistance zone. Considering the retest of the broken resistance, this indicates a solid consolidation and the potential for further upward movement, at least towards $45k. The most favorable scenario would be a rise to $48k. ❗️The crucial point now is to maintain levels above $43k and not drop below. Another decline would only start if Bitcoin falls below this level — initially to $42k, and in a worst-case scenario, to $40k. However, I'm not currently counting on this secondary scenario to play out. 🚀For the continuation of the upward movement, it's necessary to break the local zone at -27% Fibonacci, located around $44k, indicating the potential for growth to -61.8% Fibonacci, at $45.3k. Additionally, seeing a surpass of the last maximum would confirm the strength of the buyers. Bitcoin Dominance: 53.88%; Fear and Greed Index: 70 (Greed); Altcoin Season Index: 53; Market Capitalization: $1.586 trillion. #BitcoinBoom #BitcoinBoom #BitcoinBoom

--

🪙 On the 4-hour chart, Bitcoin is forming a situation conducive to growth ⚡️Let's examine it. ⭐️Below the $43,200 level, a head and shoulders reversal pattern is forming. This is a clear indication of upward movement. The chart shows a very strong bullish pattern, signaling further price growth 🔼. Key points to note: 1️⃣ A sideways range where the price is moving — 40.5K to 43.5K. Also, local supports within it, such as the MA50-100 and the Ichimoku Cloud on the 4-hour chart. 2️⃣ The growth will continue only after breaking above the upper boundary of the sideways range, above 43K. ❗️Current scenario: After an increase and another test of the upper boundary of the sideways range, the price locally retraced down for a retest of the MA50-100 and the Ichimoku Cloud, which are currently acting as the main supports. They prevent the price from falling back to 40.5K. There is a bounce, both from them and from the local correction zone of 61.8% Fibonacci. If the buyer demonstrates strength and manages to break 43K, we can confidently expect growth, first to 44K and then to 45K. Bitcoin Dominance: 53.58%; Fear and Greed Index: 74 (Greed); Altcoin Season Index: 55; Market Capitalization: $1.568 trillion. #BitcoinAnalysis #CryptoUpdates

--

Latest News

Solana's DEX Volume Surges Amid Market Shifts

--

Fake X Accounts Impersonate Trump Family Members

--

Ethereum Faces Core Challenges In Development Direction

--

Crypto Whale Spends $8.06M on TRUMP Tokens After $8.24M Profit from Previous Trade

--

Dollar's Strength Persists Despite Recent Weakness, Says Analyst

--

Trending Articles

🚨 ATTENTION ALL $XRP HOLDERS! 🚨 The crypto landscape is s

Crypto Journey1

Bitcoin Retreats As Traders Await Trump’s Pro-crypto Policies

Dear Copytraders, It’s been a while since my last update, m

Sui (SUI) Breaches Ascending Channel Support: Is a Recovery or Further Decline Ahead?

Crypto Analyst Predicts XRP Will Break Out of Bull Flag and Target $4.40

Crypto Breaking

Cookie Preferences

Cookie Preferences