Baqir Jafri
Open Trade
High-Frequency Trader
2.4 Years
37 Following
429 Followers
647 Liked
47 Shared
Posts
Quotes
BTC's current price is $103,968.33, with a 1.87% decline over the last day. To determine if it will go up, let's analyze the market trends.
The Fear and Greed Index has dropped from 65 to 61, indicating a shift from extreme greed to neutral sentiment among traders.
BTC is facing strong resistance around $106,000, with the next critical support zone positioned at $105,000. If it breaks through this resistance, it could surge ahead.
Stalled US-China trade talks have triggered risk-off sentiment among investors, leading to widespread selling across digital assets.
Over $211 million in long Bitcoin positions were liquidated during the recent selloff, highlighting the intensity of bearish pressure.
Short-term Outlook: Crypto price predictions remain cautiously optimistic despite the current selloff. Historical patterns suggest that such corrections often precede significant rallies.
Long-term Outlook: Analysts maintain targets between $220,000 and $330,000 for the longer term.
Support Levels: BTC needs to hold above $103,706 to maintain its current price range. A break below this level could lead to further declines.
Resistance Levels: If BTC can overcome the $106,000 resistance, it could signal a potential uptrend.
The Fear and Greed Index has dropped from 65 to 61, indicating a shift from extreme greed to neutral sentiment among traders.
BTC is facing strong resistance around $106,000, with the next critical support zone positioned at $105,000. If it breaks through this resistance, it could surge ahead.
Stalled US-China trade talks have triggered risk-off sentiment among investors, leading to widespread selling across digital assets.
Over $211 million in long Bitcoin positions were liquidated during the recent selloff, highlighting the intensity of bearish pressure.
Short-term Outlook: Crypto price predictions remain cautiously optimistic despite the current selloff. Historical patterns suggest that such corrections often precede significant rallies.
Long-term Outlook: Analysts maintain targets between $220,000 and $330,000 for the longer term.
Support Levels: BTC needs to hold above $103,706 to maintain its current price range. A break below this level could lead to further declines.
Resistance Levels: If BTC can overcome the $106,000 resistance, it could signal a potential uptrend.
Coins which need to be delisted:
Obol
Since it's launch atBinance showed no spark of growth and still lying in the deep.
HUMA
Same as Obol. No potential growth just lying in the deep.
BroccolliF3
No growth, mere a market manipulation to grab shorts or longs then go down and sit in the deep for months.
Obol
Since it's launch atBinance showed no spark of growth and still lying in the deep.
HUMA
Same as Obol. No potential growth just lying in the deep.
BroccolliF3
No growth, mere a market manipulation to grab shorts or longs then go down and sit in the deep for months.
BTC nears it's new ATH but concerning point is no alt coins are near there respective previous ATH.
Seems like a pure market manipulation.
One deep will turn the market upside down.
Seems like a pure market manipulation.
One deep will turn the market upside down.
Login to explore more contents