$BTC As of January 10, 2025, Bitcoin (BTC) is trading at approximately $93,402, reflecting a slight decline from its recent peak of around $108,000 in mid-December 2024.
Technical analysis suggests that Bitcoin is currently testing key support levels. A significant support level is around $92,000; a breach below this could potentially lead to a further decline toward $90,000 or even $73,000.
Bitcoin's current market sentiment appears cautious, with bearish indicators outweighing bullish ones in the short term. Investors should closely monitor economic developments and technical support levels to assess potential market movements.
#NFPCryptoImpact It's important to note that the cryptocurrency market is influenced by a multitude of factors, including macroeconomic indicators like the NFP report, investor sentiment, regulatory developments, and technological advancements. Therefore, while NFP data can provide insights into potential market movements, it should be considered alongside other factors when evaluating cryptocurrency price trends.
The U.S. Non-Farm Payrolls (NFP) report, which details employment changes excluding the farming sector, significantly influences financial markets, including cryptocurrencies like Bitcoin. Stronger-than-expected employment figures can lead to concerns about potential inflation, prompting the Federal Reserve to consider tightening monetary policy through interest rate hikes. Such measures often make riskier assets, including cryptocurrencies, less appealing to investors, potentially exerting downward pressure on their prices.
#BinanceMegadropSolv The Solv Protocol (SOLV) Megadrop is an event hosted by Binance, allowing users to earn SOLV tokens through BNB staking and Web3 quests. The Megadrop runs from January 7, 2025, at 00:00 UTC, to January 16, 2025, at 23:59 UTC.
How to Participate:
1. BNB Staking:
Lock your BNB in Binance's Simple Earn product.
The longer the staking duration, the higher your score and potential rewards.
Bitcoin Price Volatility: Analysts predict significant fluctuations in Bitcoin's price this quarter, with potential peaks above $125,000 or drops toward $77,000. These movements are largely contingent on actions by incoming President Donald Trump. Analyst John Glover suggests that Bitcoin might first decline to around $89,000 before rising past $125,000, according to the Elliott wave theory. If President Trump delivers on his promises to support the crypto industry, particularly in building a strategic Bitcoin reserve, it could lead to favorable market conditions lifting Bitcoin's value. However, failure to act decisively within his first 100 days might result in Bitcoin experiencing a pullback.
Bitcoin recently dipped to $94,327, down about 2%, trading between $93K and $97K. This slight bearish correction comes after a bullish period, but the sentiment remains cautiously optimistic, thanks to growing institutional interest and buzz around Bitcoin ETFs.
#Crypto2025Trends It has been an extraordinary year for cryptocurrency, defined by bitcoin's meteoric ascent. The world's first crypto soared from under $40,000 in January, stabilized around $60,000 throughout the summer and then surged above $100,000 this fall.
#XmasCryptoMiracles Before Christmas: 🔸 Bitcoin: Steady around $95K 🔸 Ethereum: Hovered between $3.5K – $3.7K 🔸 DOGE & SHIB: Quietly brewing with small sparks of life 🐾
🎄 After Christmas Explosion: 🚀 Bitcoin: Skyrocketed past $100K 🔥 Ethereum: Surged over $4K 🐕💨 DOGE: Leaped 20% 🐾🌟 SHIB: Soared 30% – meme magic unleashed!
#ReboundRally The latest addition to Binance Launchpool—BIO Protocol—has sparked renewed excitement in the crypto space. With staking opportunities now live, users can farm BIO tokens using BNB. This increases demand for BNB as users accumulate it to maximize their Launchpool rewards.
#MarketRebound This is for informational purposes only and should not be interpreted as specific investment advice. Investors should make investment decisions based on their unique investment objectives and financial situation. While the information is believed to be accurate, it is not guaranteed and is subject to change without notice.
Explore the latest Ethereum price news today! Ethereum, a pioneering blockchain platform, continues to shape the digital landscape with its smart contract functionality and decentralized applications (DApps).
With its native cryptocurrency, Ether (ETH), Ethereum powers transactions and fuels innovation across various crypto sectors. Like all cryptocurrencies, ETH’s volatile nature is evident through its frequent all-time highs and occasional lows.
Stay up-to-date with all the latest coverage of Ethereum’s price movements, market trends and analysis.
Did you notice that each time $BTC lost around 80% of its worth after a successful bull run. So after this bull run,BTC might drop to somewhere around $40k. To touch $120k, BTC is first heading towards a support of $85k. Stop buying for now, and fill pockets around $85k.
#MarketPullback $BTC The Bitcoin ecosystem consists of a global network of stakeholders, including the miners that secure the network and drive the issuance of the Bitcoin currency, the traders who speculate on this radically market-driven asset, and the builders working to onboard people to the cryptocurrency paradigm.
Bitcoin (BTC), a couple of day after marking a new ATH, lost most of its gains and dipped down to $96,000 range early Friday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw notable losses across the board as the overall Market Fear & Greed Index stood at 62 (Greed) out of 100, as per CoinMarketCap data. The Movement (MOVE) token became the top gainer, with a 24-hour jump of nearly 11 percent. Athena (ENA) was the biggest loser today, with a 24-hour dip of nearly 19 percent.
#MarketCorrectionBuyOrHODL Bitcoin's price today is US$105,968.59, with a 24-hour trading volume of $95.37 B. BTC is +2.30% in the last 24 hours. It is currently -2.16% from its 7-day all-time high of $108,304.93, and 9.07% from its 7-day all-time low of $97,159.64.
BNB Sidechain is an infrastructure introduced to help developers and the application community to build and run their dedicated blockchain as a focused value system for a massive number of users while still maintaining a close connection with BNB Chain.
Dedication
A blockchain dedicated to the application logic with the independent community governance and economy.
Sustainability
BNB Sidechain is a high-performance blockchain with high TPS and ultra-low gas fees.
Integration
Projects that own a BNB Sidechain are also a part of the broader BNB Chain ecosystem.
Support
BNB Sidechain is backed by the largest community of users and developers.
Bitcoin is a decentralized digital currency that operates without a central bank or single administrator. It allows users to send transactions directly to one another on a peer-to-peer network, eliminating the need for intermediaries. Transactions are verified by network nodes using cryptography and are recorded in a public distributed ledger known as a blockchain. The concept of Bitcoin was introduced in 2008 by an unidentified individual or group under the pseudonym Satoshi Nakamoto, and its open-source software was released in 2009.
"RSI Cheat Sheet: The Secret Weapon for Predicting Price Reversals "
Are you tired of missing out on trend reversals or failing to understand momentum? 🤯 RSI (Relative Strength Index) can give you the edge you need to predict market moves with precision. 🚀 Here's the ULTIMATE RSI Cheat Sheet you need to MASTER right now! 🔍👇 1️⃣ Overbought/Oversold Zones 🚦 Overbought:RSI above 70. 📈Market may be "overpriced" and due for a pullback.Tip: Combine with bearish candlestick patterns for confirmation.Oversold:RSI below 30. 📉Indicates market is "oversold" and primed for a bounce.Pro Move: Look for bullish divergence to catch a trend reversal early. 2️⃣ Divergences – The Golden Signals 🏆 Bullish Divergence 🔥:Price makes lower lows 📉, but RSI makes higher lows.Signals weakening downward momentum and potential reversal.Bearish Divergence ⚠️:Price makes higher highs 📈, but RSI makes lower highs.Indicates buyers are losing strength—watch for trend reversal. 3️⃣ Centerline Crossovers 💡 Bullish Centerline Crossover ✅:RSI moves above 50 → signals uptrend formation.Best Use: Combine with a breakout above key resistance.Bearish Centerline Crossover 🚨:RSI drops below 50 → signals downtrend formation.Tip: Watch for volume confirmation during the crossover. 4️⃣ Trend Identification 📊 Uptrend 🔼:RSI hovers between 40 and 90.40–50 Zone = Strong Support.Action: Ride the trend until RSI weakens near 70.Downtrend 🔽:RSI stays between 10 and 60.50–60 Zone = Resistance.Action: Look for short opportunities when RSI fails to break above 60. 5️⃣ Failure Swings 🔥 – High-Accuracy Setups Bullish Failure Swing 🟢:RSI crosses 30, fails to go back below it, and breaks a prior RSI high.Outcome: Powerful buy signal for a reversal.Bearish Failure Swing 🔴:RSI crosses 70, fails to break it again, and breaks the previous low.Outcome: Strong sell signal—trend likely reversing. How to Use RSI Like a Pro 🚀 Combine RSI with Price Action: Use candlestick patterns, trendlines, and support/resistance zones.Wait for Confirmation: Don’t rely on RSI alone—volume and other indicators strengthen signals.Avoid RSI Overreactions: Overbought doesn’t always mean "sell"—wait for a divergence or failure swing.Set Alerts: Use alerts at 70, 50, and 30 levels to monitor RSI zones.Trade the Trend: In strong trends, RSI can stay overbought/oversold longer—learn to read momentum. Takeaways 📌 RSI = Momentum + Overbought/Oversold Signals + Divergence Power.Master divergences and failure swings to identify reversals like a pro. 🎯Combine RSI with volume and price action for laser-sharp entries. 🔥 Which RSI signal do you use most? Drop a comment below! Let’s trade smarter, not harder! 🚀📈 🔔 Save this post for quick reference and share it with your trading community! 💬