• price is sitting at key support area on 1D chart here.
• overall maintaining a clear uptrend bullish structure.
• volume is down + price is down means downtrend is weakening and we can see a reversal soon.
• last 1D candle was closed as doji on support that’s bullish + todays candle looks decent too.
• big liquidity pools to the upside as-well.
overall it’s a high quality trade setup but keep in mind if bitcoin goes through any sort of crash then this will dip as-well, so make sure to DCA in parts and don’t go all in once, risk management is key here so buy in parts and hold.
In a move that could have significant implications for both the energy and cryptocurrency industries, Brazilian oil giant Petrobras has announced plans to explore the feasibility of Bitcoin mining operations. This decision highlights the growing interest in Bitcoin mining from major corporations and the potential for innovative applications of blockchain technology within traditional industries$BTC #SOLETFsOnTheHorizon #USConsumerConfidence #JoblessClaimsUp #SOLETFsOnTheHorizon
Fundamentally i like this as it can be one of the top competitor for stablecoin giants like USDT & USDC. Still fairly new token with quite low circulating supply can get in this early for a swing to get good returns.
Chart looks bottomed out RSI oversold, Currently recovering from recent lows and bouncing back from support expecting a run towards $0.6000 resistance soon. Hold for good returns. Good Luck!
The U.S. Government has received approval to sell 69,000 BTC (valued at $6.5 billion) that were seized from Silk Road, an official confirmed to DB News today.
This comes at an interesting time, just under two weeks before the new administration, which has promised not to sell, takes office.
what is a bio coin? BIO Coin serves as the native token for a decentralized biotech platform. Its primary uses include: 1. Funding Research: Facilitates fundraising for biotech startups & research #Binance #BIO #BTCXmasOrDip?
2 Altcoins That Will Turn $250 Into $5000 Before Bitcoin (BTC) Reaches $150,000
Chainlink (LINK) The Glue Holding Blockchains Together Chainlink (LINK) isn’t flashy, but it’s essential—like WiFi for the crypto world. As the go-to oracle network, LINK connects blockchains with real-world data, which is a fancy way of saying it makes smart contracts actually smart. Whether it’s DeFi, insurance, or gaming, Chainlink is the secret sauce behind their success. Bonk (BONK) Solana’s Meme King With a Twist Meet Bonk (BONK), the meme coin that’s stealing the spotlight on Solana. It’s