Acquisition with pressure yesterday reached 60.90% but closed daily at 60.70%
It hasn't moved like this for a month We are getting closer to a behavioral change.
And remember: acquisition must increase more for there to be a greater chance for alternative currencies to move The more the acquisition rises, the stronger the momentum of the currencies, as it will create space for movement before it collapses.
A collapse of the acquisition below 57% from here is not good for Bitcoin or currencies at all.
Know that my analysis of the acquisition now contradicts many who wish for its decline from here, but it overlooks the importance of our need for its rise at this time.
The highest recorded figure was 66% in June and it dropped, and the market did not benefit from it. But now everyone notices the hysteria of ZEC ZEN DASH currencies, all indicators of a strong movement for the rest of the currencies, but time is running out for them. The reversal will be sudden for alternative currencies.
The market has returned to normal operations, indicating that the tradition was influenced by an agent. There is no scientific explanation for the collapse that occurred.
$XRP #BTC110KSoon? $ETH There is something unusual about this currency Like everyone is happy while our friend is sad Everyone is winning, but the owners of $XRP are waiting for it to reach 100 dollars .. Is there an explanation
There is no official fatwa issued by specialized legal authorities determining the ruling on the use of Bonk currency, and since the legal rulings regarding cryptocurrencies vary based on the nature of each currency and the purpose of its use.
Fearful people flee The money index between 0-10,000$ reaches the same levels as June 2022 before the final rise to achieve the peak. And they rise with the herd when the market rises.
It is too early for this to happen and I do not know what is the reason for this fear, are small traders fleeing out of ignorance or actually fearing missing out on profits?! Okay, and where are the big traders from this fear? Certainly, as soon as the market rises now, even slightly, they will return again.
It resembles the January 2021 movement with the formation of a triangle pattern before the rise. 91,000 - 87,000 are legitimate targets in case there is strong pressure. 105,000 has become important to complete the upward march.
Nothing new Until the inauguration of US President Trump, there will be corrections, confusion and fluctuations.. Nothing but follow-up only because what is coming is huge with his assumption of the presidency.
The official announcement of the establishment of a strategic reserve for Bitcoin for the US government is supposed to be made during this month.
It is considered the most important fundamental news in the past years.
The important question: Is the matter really real or was the idea to attract votes in the elections? According to the current situation and Trump's choices for appointments, most of whom are supporters of cryptocurrencies, I believe that the matter is real and we are waiting for the announcement.