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CRYPTO PRICE DOWN ↘️↘️ 100K Effect
Another aspect that plays an important role is the importance of the $100,000 level.
👌 It’s a very, very important level.
In fact, the $100k level is the point from where accelerated moves start, in both directions.
⛓️💥 While BTC was rising, well above $100k, it is fair to expect that market volatility will result in the opposite effect.
🤔 Whatever happens around important levels is amplified – both a BTC price rise and a Bitcoin price drop are both strong around a critical level like $100k.
#BTCNextMove
✅ It will take a little longer before BTC takes out $100k. That’s not a bad thing though, as the recent rally was a little too steep and obvious, leaving too many bulls in the arena; that’s not a recipe for a sustained move high.
BTC will hit 100K Again ? #MarketPullback $BTC
Another aspect that plays an important role is the importance of the $100,000 level.
👌 It’s a very, very important level.
In fact, the $100k level is the point from where accelerated moves start, in both directions.
⛓️💥 While BTC was rising, well above $100k, it is fair to expect that market volatility will result in the opposite effect.
🤔 Whatever happens around important levels is amplified – both a BTC price rise and a Bitcoin price drop are both strong around a critical level like $100k.
#BTCNextMove
✅ It will take a little longer before BTC takes out $100k. That’s not a bad thing though, as the recent rally was a little too steep and obvious, leaving too many bulls in the arena; that’s not a recipe for a sustained move high.
BTC will hit 100K Again ? #MarketPullback $BTC
YES
NO
6 day(s) left
$BTC $ETH 👋 #Christmas
FOMO cycle end?
✅ The current run for crypto started after the election when there was an increase in speculation that President-elect Donald Trump would open up a bull run for the crypto market. And that may happen, but the gains seen didn't line up with any fundamental changes in the industry.
👌 As much as crypto have been marketed as a way out from under the traditional financial ecosystem, the crypto market trades a lot like traditional risk assets like growth stocks. In this case, when interest rates rise, growth stocks fall and crypto moves down along with them.
⛓️💥 Questions heading into 2025
The gains of the last year were largely based on momentum from items like the approval of exchange-traded funds (ETFs) and the election. But in 2025 there may be fewer of this tailwind and pricing is driven by the number of new buyers coming into the market.
#BTCNextMove #MarketPullback
FOMO cycle end?
✅ The current run for crypto started after the election when there was an increase in speculation that President-elect Donald Trump would open up a bull run for the crypto market. And that may happen, but the gains seen didn't line up with any fundamental changes in the industry.
👌 As much as crypto have been marketed as a way out from under the traditional financial ecosystem, the crypto market trades a lot like traditional risk assets like growth stocks. In this case, when interest rates rise, growth stocks fall and crypto moves down along with them.
⛓️💥 Questions heading into 2025
The gains of the last year were largely based on momentum from items like the approval of exchange-traded funds (ETFs) and the election. But in 2025 there may be fewer of this tailwind and pricing is driven by the number of new buyers coming into the market.
#BTCNextMove #MarketPullback
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BTCNextMove
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BTC Update: 12 Days Left!
We have 12 days left to maintain the narrative.
If we continue to fall, it could mark the first time in a halving cycle that $BTC doesn’t close all three months of Q4 in green.
.
For the first time, we might see a red December and a red monthly close during a halving!
.
After a long Bullish Rally and Non-Stop
Green Candles, finally BITCOIN formed
Engulfing long RED Weekly candle.
What this entails, most $BTC holders right now
FEAR - has this BULL RUN ended?
Only time will tell, however year's about to close and people will be on vacations -
indicating low volume tides and when this
happens, BTC might experience pullback
to atleast low 80K.
.
With Short term pullback in sight,
don't get me wrong because long term
BITCOIN is still bullish and 1-2 weeks into
the new year 2025 you'll start seeing
BITCOIN regaining momentum again
- targeting 120K!
What are your predictions?
Comment 'Signal' for more signals 🫡
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#USUALBullRun
#BTCNextMove
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