Dwidar19
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#عملات_رقمية Why is TRUMP coin falling? The reasons are:
Trump coin is falling due to several reasons, including:
*Main reasons*
1. *Financial liquidity*: Trump coin drains liquidity from other meme coins, causing many of them to fall ¹.
2. *Intense competition*: Trump coin is a meme coin that has great momentum, leading to intense competition with other coins ¹.
3. *Market volatility*: The cryptocurrency market is an unstable market, leading to significant price fluctuations ².
4. *Political impact*: Political changes, such as Donald Trump's presidential campaign, affect the price of the coin ³.
*Technical analysis*
- Chart analysis shows that Trump coin reached its peak price of $70, before rebounding to its current price of $35.80$ ¹.
- The price is expected to continue rising if the resistance level at $70¹ is broken.
Trump coin is falling due to several reasons, including:
*Main reasons*
1. *Financial liquidity*: Trump coin drains liquidity from other meme coins, causing many of them to fall ¹.
2. *Intense competition*: Trump coin is a meme coin that has great momentum, leading to intense competition with other coins ¹.
3. *Market volatility*: The cryptocurrency market is an unstable market, leading to significant price fluctuations ².
4. *Political impact*: Political changes, such as Donald Trump's presidential campaign, affect the price of the coin ³.
*Technical analysis*
- Chart analysis shows that Trump coin reached its peak price of $70, before rebounding to its current price of $35.80$ ¹.
- The price is expected to continue rising if the resistance level at $70¹ is broken.
BTC rebounds after retesting the $90K support level, according to the Bitcoin Price Forecast
Although the price of bitcoin dropped, hitting a low of $89,256, it rapidly rebounded and finished on Monday at a price that was more than $94,500. The price is around $95,500 as of the time this article was written on Tuesday.
Bitcoin would extend a further decrease to retest its next support level at $85,000 if it continues its slump and closes below $90,000. This would be the case if the price keeps falling.
On the daily chart, the Relative Strength Index becomes flattened close to the neutral level of 50, which indicates that there is a reduction in momentum. On the other hand, the Moving Average Convergence Divergence (MACD) indicator exhibited a bearish crossing on Wednesday, which indicates a sell signal and a continuation of the continuing downturn.
If Bitcoin is able to rebound and close above the $100,000 barrier, it has the potential to prolong the rally and retest the all-time high it reached on December 17, 2024, which was $108,353.
#BTCMove #10DaysToTrump #ReboundOutlook #MicroStrategyAcquiresBTC #CryptoETFNextWave $BTC
Although the price of bitcoin dropped, hitting a low of $89,256, it rapidly rebounded and finished on Monday at a price that was more than $94,500. The price is around $95,500 as of the time this article was written on Tuesday.
Bitcoin would extend a further decrease to retest its next support level at $85,000 if it continues its slump and closes below $90,000. This would be the case if the price keeps falling.
On the daily chart, the Relative Strength Index becomes flattened close to the neutral level of 50, which indicates that there is a reduction in momentum. On the other hand, the Moving Average Convergence Divergence (MACD) indicator exhibited a bearish crossing on Wednesday, which indicates a sell signal and a continuation of the continuing downturn.
If Bitcoin is able to rebound and close above the $100,000 barrier, it has the potential to prolong the rally and retest the all-time high it reached on December 17, 2024, which was $108,353.
#BTCMove #10DaysToTrump #ReboundOutlook #MicroStrategyAcquiresBTC #CryptoETFNextWave $BTC
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I do not recommend automatic investment before reviewing all the conditions because the matter involves a loss that you may bear. There will be no reaction from the platform to the loss. The investment fees will also be deducted, even in the loss and profit. Be careful.
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Binance News
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Spot Bitcoin ETF Market Sees Increased Demand With $1 Billion Inflows
According to Odaily, Ki Young Ju, the founder and CEO of CryptoQuant, revealed on the X platform that there has been a resurgence in demand for spot Bitcoin ETFs this week. The net inflow for BlackRock's IBIT has reached $1 billion.
Crypto Influencer Blocked by AI16z Co-Founder on
Social Media
According to Odaily, a prominent figure in the cryptocurrency community, known as him, shared a screenshot on the X platform indicating that they have been blocked by Shaw, the co-founder of AI16z, on the same social media platform. The post was accompanied by the caption, 'End of an era.'
#USJoblessClaimsDrop
#BinanceAlphaAlert #USJobOpeningsSurge #ShareYourTrade
Social Media
According to Odaily, a prominent figure in the cryptocurrency community, known as him, shared a screenshot on the X platform indicating that they have been blocked by Shaw, the co-founder of AI16z, on the same social media platform. The post was accompanied by the caption, 'End of an era.'
#USJoblessClaimsDrop
#BinanceAlphaAlert #USJobOpeningsSurge #ShareYourTrade
👌
Richard Teng
--
The journey to onboarding 1 billion users isn’t just a dream—it’s a mission.
Every step we take today brings us closer to making crypto mainstream.
Let’s build together. 🤝
Every step we take today brings us closer to making crypto mainstream.
Let’s build together. 🤝
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May God grant you what you wish for 🤲🏻
Thank you guys for your support, I am new
#USJoblessClaimsDrop
According to Odaily, the number of initial jobless claims in the United States for the week ending January 4 was reported at 201,000. This figure is below the anticipated 218,000 and the previous week's count of 211,000.
According to Odaily, the number of initial jobless claims in the United States for the week ending January 4 was reported at 201,000. This figure is below the anticipated 218,000 and the previous week's count of 211,000.
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