$BTC News continues to rise slowly, these are just defensive candles to then correct and cool the rsi, I expect the rsi to be below 70, so wait and enjoy the slow rise while it lasts.
$BTC I see nerves in the altcoin because of Bitcoin, it is in overbought territory with weaker RSI, they raised the RSI again yesterday but with less volume, I see it as forced, it will have to correct for a few days for the RSI to cool down.
In this cycle, I don't think so, for the next one who knows.
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Lindsy Dumbleton kM54
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Question to GTP chat:
What are the chances of $BTC reaching the value of $500,000?
Answer:
The possibility of Bitcoin reaching $500,000 depends on several economic, political and technological factors. Based on the current scenario, here are the main points:
1. Global economic scenario: With rising debt and inflation, many investors are looking to assets like Bitcoin as a hedge against the devaluation of fiat currencies. This could increase demand and, consequently, the price of BTC. However, this appreciation trajectory could take 3 to 5 years, depending on the intensity of the global economic crisis.
2. Wars and geopolitical crises: If geopolitical tensions or a larger global crisis occur, Bitcoin could be seen as a "safe haven", similar to gold. This could accelerate price growth, but would also bring volatility in the short term. The impact of events such as wars or recessions could either boost or temporarily block the path to $500,000.
3. Politics and regulation (Trump and others): If political figures such as Donald Trump or other leaders adopt policies favorable to cryptocurrencies, this could attract more investment and accelerate the appreciation of Bitcoin. However, the cryptocurrency market also faces regulatory uncertainties, which could affect this scenario.
Conclusion: If cryptocurrency adoption grows and the global economic scenario favors the search for decentralized assets, Bitcoin could reach $500,000 in 5 to 10 years. However, volatility and unforeseen events could change this timeline.
$PEPE Hello, good day, I have noticed on some platforms that pepe on 12/11/24 rose sharply but opened a gap, if you don't know what a gap is, it is an empty space like a jump, and according to gaps they always close, or at least almost always, if we close the gap we would have to drop to 1440 from where it jumped, but there is another support that it could take and that is the previous maximum which is at 1700, what do you say about this, I think pepe could drop to there, that's what I see.
it is wrong, first bitcoin leads, according to analysts it hasn't reached the intrinsic price yet, it is above 100k, that is the first half of the journey, then it should climb to 200k, doge with the volume it handles is likely to exceed 1$
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Aml 1
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Is it too late to invest in Dogecoin?! Yes, regardless of whether you bought it with all your money or followed the DCAing strategy.
It's too late and the only benefit of this coin is if you decide to buy a Tesla car with Dogecoin, you can do so.
Why is it too late?! Because it has doubled its value at least 3 times about a month ago. Imagine a coin that was worth 0.1 now became 0.41 a short while ago.
Imagine the total supply of 146 billion coins.
Imagine the market cap of more than 56 billion dollars.. This number in the meme coin is a disaster.
With all due respect to all Dogecoin lovers, but the reality is that investing in it now without a major correction is a waste of time and money
In addition to the fear and greed indicator being at 90, which is a lot, there is no room for a strong rise.
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Tynisha Tromburg za87
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$BTC bearish gentlemen, the btc is overbought, rsi 77, we must go down to less than 70 to go up strongly, there is a red candle with volume that has dominated everything for 7 days, also in the weekly in the bolinguer band the candle is floating, they should have touched the maximum of the band, also on 11/13 there is a not very encouraging candle, with that possible correction to 86k.
$BTC bearish gentlemen, the btc is overbought, rsi 77, we must go down to less than 70 to go up strongly, there is a red candle with volume that has dominated everything for 7 days, also in the weekly in the bolinguer band the candle is floating, they should have touched the maximum of the band, also on 11/13 there is a not very encouraging candle, with that possible correction to 86k.
$NEIRO bassist I'm sorry but neiro is going 17k, he doesn't have liquidity to hold up when btc drops, btc will correct to 85, 86k, the rsi is 77 very high.
$NEIRO Hello, there is a crucial point, the MACD has just crossed to sell, but confirmation is missing, it could be a false entry, there must be a green candle, if this candle breaks strongly upwards, then we go up again, if not it would continue to go down.
$BTC let's see if they go up with an RSI of 76 it will go up like a turtle, the fear-greed indicator 90 is a lot, yesterday it was at 83, it got hot again, if they want it to go up strongly again the RSI has to go down below 70, up to 65 would be good, that's when big purchases would be encouraged.
At this point people are getting nervous, RSI 94 is very hot, they just start testing, it will have to go down and release a red candle, first support above 0.37, the next at 0.34, we will see if it eases up a bit.
$WIF I foresee that there will be a whiplash upwards between today or tomorrow, reaching over 4.00, the RSI is at 77 close to surpassing its previous maximum which was 80, so people will get in to take advantage of that momentum and separate it.
$DOGE news we are very hot here, doge is now overbought according to the rsi, if there is a correction the next strongest support is at 0.29, so there will be an opportunity for those who missed out, for now stay alert, if it comes prepare wallets.
News, yesterday it made a defensive candle, meaning it closed with a red candle with a wick below a line. If the next candle holds and does not break the minimum of the line, we will be fine. Also, the volumes of the red candles are lower than the last green candle it left above.
Additionally, the MACD is positive, it is also holding on the 7-period moving average in brown. With this data, it is possible that the crypto rebounds to a new maximum, but we will see how it goes.
$SHIB hello good shiba entered an upward trend, exceeded the upper bollinger band, with volume, it's almost a sure buy, going up don't stay outside watching.
$TIA This currency seems to be doing something very well, because it keeps rising in capitalization, something big is being prepared here, we will be following it and taking some positions.
$NEIRO news say, between today or tomorrow it seems that we are going to retest the previous maximum close, 0.00210225, if it happens prepare wallets there to buy.
$SHIB let's see if shiba doesn't shoot up today, I will opt for another, this is terrible compared to pepe and others, 15% compared to 40% pepe, it's low, counting the hours