BWW25 Top 20 Creator / Trader 🎯🏆
Living full-time from crypto since 2018. Ichimoku specialist sharing real TA, not hopium🐸
Free Alpha 💎
X: @CryptoJobs3
H4: Bearish break ✅ Daily & Weekly: Neutral zone 💣
Following my previous weekly outlook - Monthly rejection showing a potential bearish pin bar 📉
Bulls are pretty weak. Solid rejection on previous key 98k level does not looking good! ⚠️ $87,000 daily support must hold, or we could see another wave down! ⚠️
Key levels I'm watching: Support zones 📉 🎯 $86,600 - $84,500 → Local support 🎯 $79,500 - $79,000 → Critical weekly level 🎯 $72,000 - $70,500 → Monthly demand zone 🎯 $59,500 - $60,000 → Intermediate support 🎯 $54,000 - $55,000 → Solid demand zone 🎯 $48,000 - $50,000 → Long-term entry (Black swan scenario)
Resistance zones 📈 👉$93,600 → Weekly breakout level 👉$98,000 → Major resistance 👉$103,500 → Bull continuation target
Could $70,000 be the bottom? Playing out as expected! 🤔
Tuesday: $NFLX $UAL $MMM $IBKR Earnings; WEF Day 2Wednesday: Pending Home Sales; $JNJ $HAL Earnings; Trump Davos WEF SpeechThursday: PCE Inflation, Jobless Claims, Q3 GDP; $INTC $PG $GE Earnings 🚨Friday: Mfg., Services PMIs, Consumer Sentiment; $SLB Earnings President Trump's weekend threat of escalating tariffs on eight NATO allies over Greenland sparked a broad-based 'Sell America' trade. Nasdaq and S&P 500 futures fell 1% in early trading while Asian stocks dropped 0.44%, with the dollar sliding 0.3% to a one-week low. Gold hit a record high of $4,690 per ounce, now trading near $4,670, as investors fled to safety. Silver also reached all-time highs above $94, while the Swiss franc and Japanese yen strengthened significantly against the dollar.Bitcoin crashed overnight from $96,000 to just above $90,000, now down 1.76% at $90,000. The dramatic selloff coincided with Trump's tariff warnings, highlighting crypto's vulnerability during geopolitical stress despite its safe-haven narrative.The 10-year Treasury yield climbed to 4.265%, its highest since early September, as 'Sell America' momentum built. The move signals growing doubts about U.S. asset credibility and concerns over tariff policy's economic impact.Copper jumped 1.15% to $5.90 per pound on dollar weakness, while crude oil held steady near $59. The euro rose 0.43% to $1.17 as investors rotated away from dollar-denominated assets amid tariff uncertainty. 🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸🐸
$4,950 - $4,900 demand zone remains key for bulls to maintain momentum. A consolidation here would be a good sign for further price increase or even a new ATH run!
Levels I'm watching:
🔹Supports: • $4,980 - $4,900 [Key] • $4,750 (50% Fib Daily) • $4,500 area (lower golden pocket)
💡Note: Today's gold surge is driven by fresh Fed rate cut bets following softer US economic data and Powell's dovish tone. The dollar weakness and geopolitical tensions are fueling safe-haven demand. Technical breakout above $5K with strong volume confirms institutional accumulation. Weekly RSI remains in healthy territory suggesting room for further upside.
Chart shows strong bullish momentum with consistent buy pressure. If it holds above the $0.210 - $0.2050 support level, we could see another significant move upward! 📈
Key level to watch: $0.210 support Break below this, and we might see a pullback to lower Fibonacci levels. ⚠️