Ualifi Araújo
--
Bullish
Analysis $BTC 02/17/2025
#BTC NOTHING new here, AGAIN we were rejected at the 200 EMA (4h), and we returned to this gray band on the chart, around 95,500.
I was not at all surprised that we retreated this far, on the contrary, I was surprised that we did not go to the green band just below, since we witnessed yet another major scam involving these memes and very important people on the world stage.
The money lost in TRUMP, MELANIA, LIBRA and other major scams end up hindering the entire rise of the currencies that have a real project. I am surprised that someone still has money left to put into these scams.
Given this unnecessary loss of money in these projects, I think it harms our recovery that we were having, but it does not change our main direction, which is upwards.
We don't need much today, close above $96,000 and we'll still have time to make a new attack on $98,000 tomorrow. Of course, we'll have Trump speaking and he's almost the same as Powell's speeches, so we can't really predict anything good from him, but I still think we can have a good day.
We can now see a change in the stance of many analysts who were calling for more, they've started pointing down again and few are left pointing up. The formation of a bottom is always painful for everyone and many become discouraged, even analysts from recent years (who haven't gone through past bull markets) are already skeptical and encourage their followers. This is when prices usually rise quickly.
The green BANDER is the strongest support and don't fool yourself into thinking that if we FAIL here again it means we'll fall below it, that's where the whales are positioned and they will directly affect the price and push us up quickly if we HAVE to go down there.
I'm very OPTIMISTIC about this week
$105K soon!
#BTC NOTHING new here, AGAIN we were rejected at the 200 EMA (4h), and we returned to this gray band on the chart, around 95,500.
I was not at all surprised that we retreated this far, on the contrary, I was surprised that we did not go to the green band just below, since we witnessed yet another major scam involving these memes and very important people on the world stage.
The money lost in TRUMP, MELANIA, LIBRA and other major scams end up hindering the entire rise of the currencies that have a real project. I am surprised that someone still has money left to put into these scams.
Given this unnecessary loss of money in these projects, I think it harms our recovery that we were having, but it does not change our main direction, which is upwards.
We don't need much today, close above $96,000 and we'll still have time to make a new attack on $98,000 tomorrow. Of course, we'll have Trump speaking and he's almost the same as Powell's speeches, so we can't really predict anything good from him, but I still think we can have a good day.
We can now see a change in the stance of many analysts who were calling for more, they've started pointing down again and few are left pointing up. The formation of a bottom is always painful for everyone and many become discouraged, even analysts from recent years (who haven't gone through past bull markets) are already skeptical and encourage their followers. This is when prices usually rise quickly.
The green BANDER is the strongest support and don't fool yourself into thinking that if we FAIL here again it means we'll fall below it, that's where the whales are positioned and they will directly affect the price and push us up quickly if we HAVE to go down there.
I'm very OPTIMISTIC about this week
$105K soon!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
XRP
2.2356
-0.32%
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
