In recent developments, Bitcoin has experienced a breakout from its previously held support level within the 1H timeframe. While such events typically signify a change in market trends, they also require careful monitoring due to their implications.

Presently, we find ourselves at an essential juncture – a retest phase. Should this retest prove successful, there may be increased selling pressure leading to even lower prices. As such, staying alert during these times becomes paramount for both s

Bitcoin has recently broken out of our support level in the 1H time frame. This breakout is significant as it often indicates a shift in market sentiment and can potentially lead to further price movements.

At the moment, we're awaiting a retest of this new support level. A successful retest would validate the breakout and could open the door for more downward pressure on BTC's price. Therefore, keeping an eye on this situation is crucial for traders and investors alike.

A retest failure, on t

This is a significant development for the crypto market.

1. Bitcoin Price Action:

⚪. BTC has crossed the $105,000 level

⚪. A 3.5% gain in the past 24 hours.

⚪. A 140% increase year-to-date

2. Federal Reserve Expectations:  

⚪. A 25 basis point rate cut is expected.

⚪. Rates may decrease to a range of 4.25% - 4.50%.

⚪. The CME FedWatch Tool shows a 93.4% probability.

3. Market Catalysts:  

⚪. Spot ETF inflows continue

⚪. The US election outcome has created a positive impact.

⚪. Rate

Monday, December 16, 2024, marks a special day in the Crypto Market.The Bitcoin price has risen to a historic high of US$106,495.
Key points

Several main reasons have contributed to this historic price increase:

1. President-elect Donald Trump's pro-crypto policies

2. Proposal to establish a national bitcoin reserve

3. Appointing pro-crypto individuals like David Sachs Atkins to key positions

Market impact

With this growth, the total Crypto Market value has increased to US$3.8 trillion, an

So here the 4H structure is still continuing as a Bullish Structure. It also appears that the market is holding support at the POC level. But remember that a Regular Bearish Divergence has formed on the Weekly Time Frame. So be careful about that too. 👀👀

$SOL #priceprediction #ChartAnalysis #CryptoUsersHit18M #MarketMajorComeback #SOLMarketMove

Ethereum is an open-source, blockchain-based platform that empowers developers to construct and deploy decentralized applications (dApps). Conceptualized by Vitalik Buterin in late 2013 and launched in July 2015, Ethereum swiftly rose in popularity due to its versatile Smart Contract capabilities. With Ether functioning as its native cryptocurrency, this groundbreaking innovation offers substantial opportunities for industries seeking trustless automation solutions.

Similarly to Bitcoin's infra

Greetings! Today, we will delve into the world's first decentralized digital currency, Bitcoin. Since its inception in 2009, it has remained the most recognized and valuable cryptocurrency globally. Let us explore key aspects making Bitcoin unique and influential in reshaping traditional financial paradigms.
Bitcoin was invented by an anonymous entity named Satoshi Nakamoto who aimed to create a peer-to-peer electronic cash system independent of any central authority or intermediaries. Leveragin