THE DOCTOR CRYPTOHUB

We are glad by your inspiration, And influencing newbies to trap them at the top of the high is truly commendable. Thank you sir ERIC TRUMP🤡🤡

Market update : Due to panic and selling pressure in the market, it created a wick towards the 84K zone but failed to recover from there, resulting in a continuous fall. Currently, the market is trying to recover after kissing the weekly imbalance box. If today's daily candle closes above 85K, we may see some further recovery in the market.

It looks like the market has broken down its daily trendline support..? Let's look at it from another point of view.

Bybit crypto exchange has reportedly suffered a $1.4 billion ETH and stETH hack. While initial reports were unverified, Bybit's founder has now confirmed the incident.

Bybit has previously dismissed rumors regarding security breaches, but this confirmation raises concerns about the safety of funds on the platform. Users are strongly advised to take necessary precautions, secure their assets, and monitor further updates regarding the situation.

#ETH #Hack

FOMC MEETING UPDATE 🚨
The Federal Reserve is expected to keep interest rates unchanged at 4.25% to 4.50%, given persistent inflation and a strong labor market. However, analysts see a 25% chance of future rate hikes if inflation rises further.
For the crypto market, a Hawkish FED stance (signaling higher or prolonged rates) could be bearish, while a dovish stance (indicating potential rate cuts) might be bullish.

Overall outcome is expected to be bearish because the Fed is not signaling any rate cuts yet. Higher interest rates usually put pressure on crypto prices.

All eyes are on Fed Chair Jerome Powell’s speech at 1:00 AM (BD) (GMT): 7:00 PM  for further market direction.

The market might retest It's tradeline resistance, after which we may see another drop towards our mentioned point.

Bitcoin Market Update | BTC is currently trading below a strong trendline resistance level, which is around the 100k price range. I expect the market to create a wick above this trendline resistance and then fall back. However, if the market manages to close multiple daily candles above this range, I believe we could see another rally from there. Additionally, since Trump is expected to take power next week, this could bring even more strength to the market.

🇺🇸US CPI data today

Expectations 2.9%
Last Month 2.7%
This scenario would be bullish for the crypto market. Conversely, if the CPI data comes in lower than expected, it could strengthen the U.S. dollar and dampen demand for cryptocurrencies, making the market bearish.

Market update | BTC has completed the 91k zone and has made a sharp pullback from there, currently trading around 94k to 95k. The market can fall from the current zone as well, but if it pumps, we might see it go up to a maximum of 98k, from where it will definitely face rejection.
Overall, the market remains bearish up to our liquidity box, as I informed you a few weeks ago.

In the lower timeframe, things are completely different, In the lower timeframe like 15m, the market is attempting to recover from a small horizontal support. The market might consolidate sideways within this range, and if it manages to break out of the $94,700 range, we could see some recovery in the market.

BTC UPDATE | The market is currently moving around the $97,500 zone, and a wick may appear above this zone to hunt liquidity. However, if the market manages to close a few 4-hour candles or 1-2 daily candles above $98,000, it will likely move toward the minor IDM, as mentioned in the previous market update.

BTC UPDATE | BTC has broken down from the bear flag and retested its trendline resistance, and it is currently facing rejection from that level, as mentioned in the last update. Currently, the market is moving towards the 90k to 91k zone, and from this zone, the market might show some small sideways movement and recovery.

BTC UPDATE | BTC has been moving sideways for a few days, and it still hasn't reached our expected zone. Currently, it's moving towards the ATH zone, which is around the $104k price range. Hopefully, the market will face rejection from this range and move towards $98k.

BTC UPDATE | The market experienced an unexpected fall of up to 14% yesterday, marking the largest drop in several months. This correction was quite necessary due to the continuous market pump driven by the US election, which had started creating significant liquidity on the downside that needed to be complete earlier.

Recently, the market broke its all-time high and created a new POI around 94k. However, after completing the POI zone, the market formed a significant wick below it. Currently, it seems to be moving towards 101k.

The market is falling from near to our psychological zone, although the BTC/USDC pair has already completed our psychological zone. Currently, it is trading near our expected zone, which is a minor demand zone. From this zone, we are expecting some recovery again.👌

BTC/USDT update : Market has already broken out of our minor IDM as expected. After that, it is falling from near our extreme IDM. A strong wick is required for a strong correction in the market, so we are expecting a wick above our extreme IDM level for the market correction.

BTC has completed the 93k range and has taken a hard rejection from there, as expected. 💯👌

previous market update in pin comment

BTC/USDT Update in 45m timeframe ;
BTC is currently not responding technically in the shorter timeframe. The market had created bearish divergence at 77k and 83k levels, but instead of responding to it, the market is continuously pumping as expected. Currently, BTC is trading within a bearish rising wedge. If the market can close a healthy candle below 86k, we might see a correction towards 82k. On the other hand, if it breaks out above $90,200, it is likely to move towards 93k.

The market is pushing a bit hard to reach around 92k!😱

BTC/USDT is trading while forming a bearish divergence. 👀
We are expecting a small wick on the bearish divergence.👌