Diversifying is the best option, don't stick to just one asset
Cisco17
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Hello, this is my first post.. I just want to make it clear if I will achieve the goal. Quintuple my investment... I will be scalping all year 2025 and we will see what happens... I hope for your good wishes since I have a good reason to venture into this process... Those who want to join me, buckle up because we are going all in, except with fear!!!
BTCUSDT Projection Report – February 24, 2025 #Market Overview: On February 24, 2025, BTCUSDT is experiencing bearish movements after failing to break through key resistances. The current price is hovering around 94,500 USDT, with an intraday low at 93,817 USDT and a recent high at 96,500 USDT. --- #Technical analysis by time frames: #1M and 5M (Short term) - Consolidation is observed after a sharp fall. - The RSI (14) reads 40.49, indicating slight overselling with a possible rebound. - The price is pressured below the EMA7 and MA20, suggesting immediate resistance at 95,500 USDT.
Technical Analysis Current price: $95,757 USD Intraday High: $96,698 USD Intraday Low: $95,245 USD Key indicators: General trend: Bullish in the medium term, with a 140% appreciation so far this year Key support: $90,500 USD Key resistance: $100,000 USD short-term projection: Given the recent bullish momentum and the favorable regulatory environment in the U.S., it is anticipated that the price of Bitcoin may surpass the resistance of $100,000 USD in the coming weeks. However, temporary corrections of 15% to 30% may occur before reaching new highs
1. Price Analysis with Bollinger Bands (Top Chart): • General Trend: The price is slightly lower as most candles are located near the lower Bollinger band, indicating bearish pressure. • Bollinger Bands: • The upper band is serving as a dynamic resistance level. • The lower band shows that the price has been touching that area, indicating that there could be a bounce attempt. • The contraction of the bands suggests that a high volatility movement could come.
1. Price Analysis with Bollinger Bands (Top Chart): • General Trend: The price is slightly lower as most candles are located near the lower Bollinger band, indicating bearish pressure. • Bollinger Bands: • The upper band is serving as a dynamic resistance level. • The lower band shows that the price has been touching that area, indicating that there could be a bounce attempt. • The contraction of the bands suggests that a high volatility movement could come.
Technical Analysis Current price: $95,757 USD Intraday High: $96,698 USD Intraday Low: $95,245 USD Key indicators: General trend: Bullish in the medium term, with a 140% appreciation so far this year Key support: $90,500 USD Key resistance: $100,000 USD short-term projection: Given the recent bullish momentum and the favorable regulatory environment in the U.S., it is anticipated that the price of Bitcoin may surpass the resistance of $100,000 USD in the coming weeks. However, temporary corrections of 15% to 30% may occur before reaching new highs