#BTCOutlook BTC has experienced a pullback in the crypto market positioning itself in the area of approximately 97,000 to 105,000. It is expected that this momentum will come at the least expected moment and close the year 2024 above 100,000 dollars and start 2025 above 100,000 dollars. Be cautious when making your analysis using the best RSI indicator and/or stochastic oscillator for greater accuracy if you are going to trade futures.
What is a Market Pullback? A market pullback is a temporary decline in the price of an asset within a broader trend.
In a bull market, the price dips slightly before continuing its rise, while in a bear market, there may be a temporary increase in price before it continues to fall.
These movements are often caused by natural corrections in supply and demand, unexpected news, or profit-taking by investors.
Why is it relevant to understand it?
For beginner traders: It helps to differentiate between a pullback and a trend reversal, avoiding hasty decisions.
For specialists: It offers strategic entry or exit opportunities, as pullbacks often mark key levels of support or resistance.
Practical example: In an upward trend, a pullback can be an ideal moment to buy before the price continues to rise.
#BTCNextMove we observed a correction in crypto BTC towards PUT but we have already observed this behavior last week it is unlikely to drop below 90,000 and begin a process of lateralization from the bottom up until it breaks the resistance again and repositions itself in the range of 100,000 the market context can vary greatly please conduct your own analysis.
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BTC plummets after the Fed's message, shaking the crypto market The cryptocurrency market has experienced a strong setback following the latest announcement from the Federal Reserve (Fed) regarding its monetary policy. Bitcoin, the leading cryptocurrency, dropped by 4.6%, while Ether suffered an even greater decline of 5.96%, after Fed Chairman Jerome Powell indicated that fewer rate cuts are expected than initially projected for 2025. While the 25 basis point cut in the benchmark rate was already anticipated, generating some euphoria among traders, Powell's statements about the possibility of only two additional cuts in 2025 injected a strong sense of uncertainty into the market. But that's not all. The Fed also raised its inflation outlook for 2025, increasing it from 2.1% to 2.5%. This rise in inflation expectations has been interpreted by many traders as a bearish signal, leading to a wave of selling in the cryptocurrency market.
Causes of the market drop: Statements from the Federal Reserve (Fed): Jerome Powell, Fed Chairman, stated that the institution cannot own Bitcoin, according to current laws. This statement cooled expectations that the Fed could incorporate Bitcoin into its reserves, an idea that had gained traction following Donald Trump's electoral victory. Interest Rate Cut with Restrictive Approach: The Fed announced an interest rate cut, but with a restrictive tone, which generated uncertainty in the financial markets. This approach can negatively affect risk assets, including cryptocurrencies.
$BNB a bullish situation is expected in the context of the market with short pullbacks and impulses with increasingly higher highs. it is expected to reach a top of 800 if you liked this analysis give it a like or, failing that, a like for the American community and don't forget to subscribe to be informed with the events of the crypto market without further ado, I say goodbye. happy profits.
#BitcoinKeyZone Under the market context observed in BTC, we can see an upward trend with short pullbacks and long-range impulses as the bulls' bidding is strong, with large, medium, and small traders continuing to push the upward trend.
Additionally, we can take advantage of those short pullbacks to make bullish predictions and obtain profits in the short term, considering the accumulating bullish PNL and deciding when to withdraw.
Those who have understood, please leave a like if you want to see more market analysis; don't forget to subscribe to stay informed and see content like this daily.
Please take these observations with caution and with the proper knowledge.
If you have questions, don't forget to leave a comment below this post; you can ask freely and you will be answered with much cordiality and help.
#BTCReclaims101K Good evening for some, good morning for others. Under the observation presented in the chart that I will leave visible, a market retreat can be observed; the bears are scoring the market to go down, estimated to touch the market support zone at 97,000. Make your own observations. If you liked this post, leave a thumbs up or like, and don't forget to subscribe for more information regarding the market context. Leave a comment on which crypto pair you would like me to analyze, and I will gladly help you and provide my observations. #BTC🔥🔥🔥🔥🔥
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$BTC We can clearly observe the pullback that BTC made, although this pullback has been to continue rising. It is expected to touch the resistance located in the area of 104,000 to make a smaller pullback and continue rising, potentially reaching around 115,000. If you liked this post, please give it a like so I can continue bringing analyses with greater motivation. Don't forget to subscribe to stay informed about the market context.
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