Mr_RDX

Since an earlier update this morning Bitcoin has been on the rebound again. First it reclaimed the 93k handle and just now it rose above 94k. That rebound comes as US yields remain subdued and so does the dollar, especially versus the Yen. Also the European stock markets (those that are open) have made some modest progress. So, the charge higher in $BTC has been pretty vertical just now. Please take a look at the intraday chart and you will see how that is. The high seen a moment ago was set at 94,535. The high seen yesterday evening was set at 94,899 and that looks like the next level of note, should this current dynamic move higher extend. At this point the reader is also notified; there will be no Quick News updates tomorrow. Petty much all global markets will be closed, but of course BTC never sleeps folks and with that in mind it is worth noting the potential for some movement. BTC is just backing away from that earlier high right now and it might be interesting, to see if the price action replicates what we saw last night, or not. Bitcoin is currently trading at 93,970
#BTCBelow92K
#btc2025 #BTCXmasOrDip? $BTC

$BTC price is currently down by more than two percent and on Sunday, the coin reached a low of $92,941. BTC has now reversed and is trading above the $93k level. “After the post-Christmas market-wide dip, crypto markets are seeing an encouraging trend of whales moving stablecoins to exchanges,” Santiment reported.
Historically, Q4 has been a strong period for Bitcoin and altcoins, which aligns with market cycles. We’re currently experiencing a cooldown, which is common after a halving event, like the one that happened in 2024. Following the halvings of previous years (2012, 2016, and 2020), Bitcoin experienced significant rallies in the subsequent year.
External factors, such as global liquidity and government actions, will also influence the market. With Janet Yellen’s recent announcement that the U.S. will hit the debt ceiling in mid-January, more money printing and quantitative easing are likely. This creates favorable conditions for assets like Bitcoin.
Looking ahead, January is expected to be a fairly quiet month, with the real action starting in February. Historically, March tends to be a strong month, followed by a potential consolidation in April and May due to tax season. After that, the market could pick up again in the summer, continuing into Q4.
What’s Next For Bitcoin?
Right now, $BTC is in a range, not yet fully breaking down, but it’s reacting to support and resistance levels. If Bitcoin stays below the resistance of $94,270, we could see more downside, with targets around $91,400.
However, if Bitcoin breaks above the resistance at $94,270, it could signal a change in direction. But for now, the price is still showing signs of weakness, and we’re watching for any moves below support to confirm further declines.

PEPE bullish momentum has taken a hit, with the price retreating to a crucial support level at $0.00001748. This setback puts the bulls under pressure to hold the line as bearish forces regain strength.
After an initial rally showed promise, the inability to sustain upward movement signals a critical moment for the meme coin’s price trajectory. PEPE now faces a decisive retest, with the $0.00001748 level emerging as a key point of contention between buyers and sellers.
If the bulls manage to defend this support, it could act as a springboard for a rebound, setting the stage for a renewed attempt to break through higher resistance levels. However, failure to hold above this threshold may result in heightened bearish activity, pushing PEPE further downward and signaling a deeper correction.
$PEPE Retreat To $0.00001748: What’s Driving The Pullback?
The inability of PEPE’s bulls to maintain upward momentum has been a primary factor in the price retreat. Buying pressure has dwindled after reaching resistance levels that tested market confidence, allowing bears to regain control. Its failure to generate sufficient volume to break through higher resistance zones suggests that the rally lacked the strength for sustained upward movement.

Key technical indicators, such as the Composite Trend Oscillator, have been signaling potential drop conditions in recent trading sessions. As a result, PEPE’s price correction was anticipated as the market sought to restore balance. The indicator’s move toward the neutral levels reflects this shift, while the 100-day Simple Moving Averages (SMA) show bearish crossovers that reinforce the current downtrend.
PEPE's tracement must also be viewed in the context of the broader cryptocurrency market. Recent volatility in major assets like Bitcoin and Ethereum has created an uncertain environment, causing smaller tokens like PEPE to experience amplified price swings. Bearish sentiment across the market has likely weighed on PEPE, compounding its struggles to maintain higher levels.
Key Support Analysis: Can $0.00001748 Hold?
The $0.00001748 level has emerged as a critical support zone for PEPE as bearish pressure intensifies. This level has historically provided a strong floor, preventing deeper declines during previous downtrends. Its ability to hold hinges on several factors, including market sentiment, volume dynamics, and broader cryptocurrency market conditions.
If the $0.00001748 support holds firm, it could ignite renewed buying strength, providing bulls the capacity to regain control and drive the price higher toward its previous peak of $0.00002721. A decisive breakout above this resistance might pave the way for the formation of new highs, signaling a shift in market sentiment and stronger upward momentum.
However, a clear break below $0.00001748 may indicate more downside risk, potentially driving $PEPE toward the next critical support at $0.00001313. Once this level is breached, the price could continue to decline, testing additional support zones.