Technical Analysis (TA) for Bitcoin: 4H time frame Still, | Kasonso-Cryptography on Binance Square

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Technical Analysis (TA) for Bitcoin:4H time frame Still, a "Ranging Market" because we failed to break up and break down.
We need to break up $24.2K to reach $25K+
Furthermore, we need to break down to reach $21.5K-
#dyor #onecoinmultiplechains #bearorbull

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GUYS LET’S ANALYZE BITCOIN PRICE JUST TO PREPARE FOR ALTCOINS😋🔥📈 The image shows the Bitcoin/USDT trading chart with an indicator labeled as the “Banker Fund Flow Indicator.” Here’s an analysis based on the chart: Key Observations: 1. Current Price Movement: • The Bitcoin price is at 98,944.75 USDT(at the time writing this post), showing a significant gain of +4.28%. • Green candlesticks indicate strong upward momentum. 2. Banker Fund Flow Indicator: • The histogram bars transitioned from red (bearish) to green (bullish), signaling a shift in market sentiment. • The sharp rise in the green bars suggests increased buying pressure or liquidity flowing into Bitcoin. 3. Significant Resistance Levels: • A purple line above the current price could indicate a resistance zone. Traders should monitor price action near this level. 4. Positive Momentum: • The 27.88 value shown by the indicator likely represents an overbought condition or a strong bullish signal. Beginners should watch for potential corrections after a steep rise. How Beginners Can Use This Indicator: 1. Trend Confirmation: • Use the transition from red to green in the indicator to confirm the start of an uptrend before entering a trade. 2. Monitor Momentum: • A continuous increase in green bars indicates strong buying activity. Beginners can consider buying but should use stop-loss orders to manage risk. 3. Caution Near Resistance: • If the price nears the resistance zone (purple line), a pullback may occur. Beginners should avoid buying at such levels and wait for a breakout or retracement. 4. Combine with Other Indicators: • Use this indicator alongside moving averages, RSI, or volume for better decision-making. Risk Management: • While the indicator shows bullish momentum, Bitcoin is highly volatile. Always trade with a strategy and proper risk management, such as setting stop-loss levels and avoiding over-leveraging. Would you like a detailed explanation of any trading concepts or strategies related to this?

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SUPER BULLISH FOR BITCOIN

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💥10 CRYPTO TRADING INDICATORS TO GENERATE HUGE PROFITS 💥

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Bitcoin Takes Over Times Square,A New Era of Cryptocurrency Visibility. In an unprecedented display of cryptocurrency promotion, Times Square has seen its iconic billboards transformed into vibrant homages to Bitcoin. This striking spectacle underscores Bitcoin's rise from digital currency to a mainstream financial conversation. The sprawling advertisements, dominated by the bright orange Bitcoin logo and catchy slogans like "Don't worry about price; keep stacking," are drawing considerable attention from tourists and locals alike. The choice of Times Square, the epicenter of New York City advertising, highlights the increasing acceptance and integration of Bitcoin into everyday financial discourse. This strategic location ensures the message reaches millions, from financiers and tech enthusiasts to curious onlookers. As cryptocurrencies continue to disrupt traditional financial systems, such high-profile marketing campaigns are pivotal in shaping public perception. They aim to demystify Bitcoin, often seen as the currency of tech-savvy individuals, and instead present it as an accessible and viable financial asset. The crowd that gathered to witness this bold marketing move indicates a growing curiosity and potential acceptance of Bitcoin as part of the global economic fabric. This event marks a significant step in Bitcoin's journey towards widespread adoption, reflecting broader trends in the financial world where digital currencies are increasingly seen as the future. Overall, the Bitcoin-centric Times Square is more than just an advertising campaign—it's a testament to the evolving landscape of finance and an indicator of where the future might lead. With its undeniable presence, Bitcoin is not just on the screens but also on the minds of many who wander through one of the world's most famous intersections.

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💥Today Or Tomorrow Celebrating our Alternative CoinsTo Pump 💥😋🎉 Analyzing Bitcoin's Market Cap Dominance Chart This Bitcoin market cap dominance chart from TradingView, dated late December 2024, provides a snapshot of Bitcoin’s standing within the broader cryptocurrency market. Current Dominance Status: Bitcoin's dominance stands at 58.20%, having declined by 0.68% in the observed period. This suggests a shift in market dynamics, possibly due to an increased interest in altcoins or other external market factors. Technical Insights: The chart illustrates that Bitcoin's dominance has been facing resistance around the 68% mark, indicating consolidation in its market share. The candlestick pattern depicted in the chart, particularly the red candlestick, shows the recent bearish trend. This decline is further highlighted by the histogram below, which reflects a decrease in bullish momentum as indicated by the shortening green bars. Market Influence: A decline in Bitcoin's dominance often signals investors’ increased interest in altcoins. This diversification can be influenced by new developments in altcoin projects, changes in regulatory environments, or shifts in investor sentiment seeking higher returns from emerging cryptocurrencies. Strategic Implications for Investors Investors should remain cautious and consider diversifying their portfolios to hedge against volatility. Monitoring technical indicators and market news can provide signals for potential movements in Bitcoin’s dominance. Conclusion: As the market evolves, Bitcoin’s dominance provides a crucial gauge of investor sentiment and market structure. With many factors influencing its trajectory, keeping a close watch on this metric can offer valuable insights for navigating the complex crypto market landscape.

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