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BITCOIN PRICE - 4th NOV 2016: $680 - 17th DEC 2017: $19,666 ALMOST = 29X IN 1 YEAR - 4th NOV 2024: $68,000 - DEC 2025 : $150,000 ??? DON'T UNDERESTIMATE BITCOIN đĽ #btc #USElections2024Countdown $BTC
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#BTC/USDT ANALYSIS Bitcoin is currently facing rejection at the horizontal supply zone while trading above the 21MA and 50MA, which are acting as support levels. A breakdown below these moving averages could signal further market decline, while a bounce from this level may indicate renewed upward momentum. Monitoring upcoming price movements is crucial for identifying the next trend direction. #btcupdates2024 #Bitcoinâ $BTC
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#US Dollar Analysis The US dollar is currently consolidating within a descending triangle pattern and rebounding from a horizontal demand zone. The Ichimoku Cloud is providing support beneath the price action as it tests the resistance trendline of the triangle. A decisive breakout or breakdown from this pattern will be crucial for signaling the dollarâs next significant move. Due to the US dollarâs usual inverse correlation with the cryptocurrency market, any major change could have far-reaching effects on broader market dynamics. #USDollarWarning #TetherAEDLaunch $USDC $USDP
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#BTC DOMINANCE ANALYSIS BTC.D is currently trading within a rising wedge on the weekly timeframe and encountering resistance at the wedgeâs upper trendlineâa formation typically viewed as bearish. The 21MA is acting as support just below. This setup suggests a potential decline in BTC.D in the near term, with a decisive breakdown of the wedge providing strong bearish confirmation. Should BTC.D trend lower while Bitcoin remains stable or bullish, this could signal the onset of an altcoin bull run. #BTCBreak71K #btc73k #BTCâ $BTC
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