#Bitcoin has surpassed the significant milestone of $100,000 and is currently trading above this level. The next resistance levels to watch are around $105,000 and $108,000. If the price remains above $100,000, we can expect significant movement in the market. However, if it falls below $100,000, it may drop back to the support area near $97,000. #crypto
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Also, today is the US unemployment claims data release. Except for some volatility in the market during the events.
It's strange to see Bitcoin's reaction following the unchanged interest rate, yet the price continues to rise. We'll need to observe how it behaves near the significant resistance area between $99,000 and $100,000. A sharp decline could occur, so it's advisable to use tight stop-loss limits for all open positions. #TradeStories #BTC
Bitcoin dominance continues its upward movement, with the price reaching the resistance line of the uptrend channel. We can expect some relief starting next week. #Altcoins will only see a rally if #Bitcoin can break and hold above the $100,000 level. #CryptoNewss #BTC
If I purchased $300 $SHIB at lowest price when it was released, then How much would I have today?Ā Just imagineĀ š³ I think it is one of the top profit-making token.
The price has tested the resistance area and subsequently rejected that level. There is an uptrend line that serves as support; a break below this line could lead the price toward the major support area. You may consider opening a short position if the price tests the resistance area again.
Per recent Glassnode data, 88% of #bitcoin 's circulating supply is in profit, with nearly nine out of ten Bitcoins held at a cost below current market prices. This high profitability signals robust bullish sentiment. Historically, sustained high levels of profitable supply suggest long-term holders are enjoying significant gains, boosting confidence and curbing panic selling.
Market sentiment is the collective attitude of traders and investors towards a financial asset or market. The concept exists in all financial markets, including cryptocurrencies. Market sentiment does have the power to influence market cycles.
Still, favorable market sentiment doesn't always lead to positive market conditions. Sometimes, strong positive sentiment (it's going to the moon!) may come before a market correction or even a bearish market.
$CRV continues to move downward as anticipated after encountering resistance. The price has dropped over 9% from this resistance level. Increase your stop loss to the breakeven point and maintain your short position, as further declines may be expected.
Bitcoin is struggling below $95,000, and let's see how it reacts to the FED meeting. The support is weakening, and there is a high chance that we may drop to $90,000. Keep a tight stop loss on all open positions. #BTC
$LINK continues its downward trend, having dropped over 7% from the trend line. You can move your stop loss to the break even point for the short position. The local support remains unchanged, and if it breaks, we may see a move towards the key level of $10.
#bitcoin started the week with a downward trend, erasing all the gains from Friday's surge. The price is currently testing the support level. The bulls were unable to maintain the key $95,000 level, which has now become a resistance area. Let's see how the US market opens today, as this will determine the next move.
According to Glassnode, the number of addresses holding 10,000+ $XRP has just surged past 300,000 ā a strong signal of growing confidence and accumulation among larger holders.
This uptick suggests that big players are positioning themselves for a potential upside, possibly anticipating major moves or upcoming catalysts in the $XRP ecosystem.
#bitcoin dominance continues to rise, showing no signs of weakness yet. There is an upward trend channel, and the price needs to break downward to change this trend. This is why altcoins are struggling, with only a slight recovery expected after the upcoming FED meeting. $BTC
$BONK is gradually approaching the support area. Let's see how the price reacts there. A break below this support area would be bearish and indicate a continuation of the downward movement. Use a tight stop loss when opening long positions. #Binance
Hello $STO Holders..... donāt be panic, if you can buy again and make it average. hold it for 2-3 days. it will come back as soon as possible, hoping for best Insha Allah #Binance