Hello greetings…
Kindly do share some info about new listing coins which have potential about 5x-10x in long.🙋♂️
Kriptoloji
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Hello! 🎯 Today, I’m sharing my Bitcoin analysis with you. Feel free to share your requests or projects you’d like me to update in the comments below. Tomorrow, I’ll update all the projects in my portfolio, but for today, I’ll focus on your requests. 💐
Current Situation of Bitcoin
$BTC has once again tested a critical support level. This area has been revisited multiple times, making it somewhat fragile. However, if Bitcoin can hold this support level and maintain stability, it could pave the way for a strong upward move.
Notably, Trump’s potential return to the presidency could have a positive impact on the market. His supportive stance on cryptocurrencies might boost investor confidence and drive Bitcoin toward the 100K level.
Technical Analysis
• Support Zone: The current support level has been tested frequently, increasing the risk of a breakdown. A bounce from this zone could signal a bullish continuation.
• Resistance Zone: The next resistance is at the 101K area, where significant sell-offs occurred previously. This is a critical level to monitor.
• BTC Dominance (BTC.D): Weekly dominance faced rejection from a key resistance, which could lead to liquidity flowing into altcoins.
Conclusion
Bitcoin is at a pivotal moment, and its movements could dictate the market’s direction. Sustaining the support level and receiving strong news flow are essential for a bullish trend. However, a breakdown of this level could lead to testing lower supports.
Share the projects you want me to analyze in the comments. Stay tuned for more updates! 💎
#BinanceAlphaAlert
Current Situation of Bitcoin
$BTC has once again tested a critical support level. This area has been revisited multiple times, making it somewhat fragile. However, if Bitcoin can hold this support level and maintain stability, it could pave the way for a strong upward move.
Notably, Trump’s potential return to the presidency could have a positive impact on the market. His supportive stance on cryptocurrencies might boost investor confidence and drive Bitcoin toward the 100K level.
Technical Analysis
• Support Zone: The current support level has been tested frequently, increasing the risk of a breakdown. A bounce from this zone could signal a bullish continuation.
• Resistance Zone: The next resistance is at the 101K area, where significant sell-offs occurred previously. This is a critical level to monitor.
• BTC Dominance (BTC.D): Weekly dominance faced rejection from a key resistance, which could lead to liquidity flowing into altcoins.
Conclusion
Bitcoin is at a pivotal moment, and its movements could dictate the market’s direction. Sustaining the support level and receiving strong news flow are essential for a bullish trend. However, a breakdown of this level could lead to testing lower supports.
Share the projects you want me to analyze in the comments. Stay tuned for more updates! 💎
#BinanceAlphaAlert
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.