it's useless | DarkKnightCrypto on Binance Square

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DarkKnightCrypto

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it's useless

Fmkehribar

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#Binance
Seriously @Binance Square Official
What the hell is this??? Only 6 days has passed and you are out of points lmao
What is the cost of the points for you here?
You have 250 million subscribers here!!! are you freackin aware???

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$BTC Price Analysis Targets $95K Breakdown With massive bearish engulfing candles in the 4-hour chart, the BTC price is now trading at $99,773. BTC has registered a 24-hour low at $97,750, signaling an intense correction rally. The current downfall started near the $105,000 mark and has now recorded a drop of nearly 7%. Furthermore, the massive downfall has broken under the 200-EMA line and is putting the $98,000 support level at risk. Amid the massive pullback, the 4-hour RSI line has dropped to a 25.93% value, reflecting the surge in selling pressure. Furthermore, the 20-EMA is about to cross under the 50-EMA line to give a sell signal. In the 4-hour chart, the ongoing pullback has dropped under the 50-EMA line at $99,432. In case of an extended correction under the 67.80% level at $97,396, the pullback could break the $95,000 mark. This will likely test the 78.60% level at $94,474. On the flip side, bullish sustenance above the 67.80% level will likely retest the 100-EMA line near the 38.20% Fibonacci level at $101,477. #CryptoNewss

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#MarketPullback A market pullback in cryptocurrency refers to a short-term decline in the value of crypto assets after a period of growth. This can be driven by various factors, including regulatory news, investor sentiment shifts, or broader financial market trends. During a pullback, investors may panic-sell, leading to further price drops. However, pullbacks are often seen as a natural part of market cycles, offering potential buying opportunities for long-term investors. The crypto market is particularly volatile, and pullbacks can sometimes precede a period of consolidation or recovery, depending on broader market conditions. #MarketPullback

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Will an inverse head-and-shoulders pattern send EThereum to $5,000? With most of the market moving on from Ether’s lackluster performance over the past month, multiple traders were eyeing the current market setup as a potential bullish opportunity. Jelle, a long-term crypto investor, identified the formation of an inverse head-and-shoulders pattern within another bullish setup of ascending triangles on the weekly chart. The probability of a bullish breakout improves significantly with the price converging within a couple of bullish confluences, as the analyst hinted at the possibility of price discovery for the altcoin. In fact, Alec, a derivative trader, said Ether was developing a tightening on both the 30-minute low time frame (LTF) and 1-day high time frame (HTF). With liquidity present on both sides of the spectrum, the trader said:“A larger move is on the horizon for ETH. Take the liquidity and run the opposite way? But which way??" Lastly, Cold Blooded Shiller, a markets analyst, opined on the dismissive nature of the industry on Ethereum right now and said:“$5k ETH by March, and this will be the saltiest space on Earth.” While $5,000 is an attainable target for Ether, its immediate hurdle remains at the $4,100 level. Since 2024, Ethereum has managed to break above a descending trendline on two separate occasions, but the overhead resistance at $4,100 has not been breached. Thus, for Ethereum to target $5,000, the immediate condition is to flip $4,100 into support on the daily and weekly chart. Once the price action has been accepted above the aforementioned level, Ether could rally to $5,000, but until then, the altcoin still needs to rally against bearish odds. #ETHProspects

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Crypto gains on Trump’s first full day back in the White House, bitcoin rises above $106,000 Cryptocurrencies climbed on Tuesday as bullish investor sentiment returned on President Donald Trump’s first full day back in office. The price of bitcoin was last higher by more than 2% at $106,403.65, according to Coin Metrics. The broader crypto market, as measured by the CoinDesk 20 index, rose nearly 3%. Meanwhile, “Official Trump,” a token launched last week that represents the new U.S. leader, cut its loss over the past 24 hours to less than 3%, after tumbling more than 20% earlier, according to CoinGecko. The Securities and Exchange Commission on Tuesday afternoon announced that acting Chair Mark Uyeda has launched a “crypto task” force focused on “developing a comprehensive and clear regulatory framework for crypto assets.” Crypto investors have hailed Trump’s arrival to the White House as a positive moment for the industry. The president has promised to introduce policies supportive of cryptocurrencies, including an accommodating regulatory framework and a federal bitcoin hoard. Trump’s inauguration Monday lacked any concrete policy announcements regarding the sector. Initially, that appeared to take the wind out of the crypto market’s sails. Kenneth Lamont, a principal at Morningstar, warned investors not to jump into crypto trading without being properly informed about the risks involved. “If Donald Trump delivers on his election promises, we could see cryptocurrency markets continue to surge. However, investors would do well to resist the siren call of fear of missing out, and sit on their hands,” Lamont said in emailed comments Tuesday. Cryptocurrencies are known to be volatile. Bitcoin, the world’s largest digital coin, has previously risen or fallen by thousands of dollars in asingle day. Alternative coins, or “altcoins,” like ether and XRP, have proven even more more prone to fluctuations. #TrumpMarketInsights

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