Here is the false movement above 100K that I was talking about initially. There was not enough volume of buyers to continue the upward movement, and there was no confirmation of the buyer's strength on the retest of the broken resistance.
❗️On the daily chart, they completely absorbed the previous upward candle and very quickly fell to 96K. We are working out the previously noted scenario: I am waiting for the fall to continue to the 92K area, where there is a strong support zone.
At the same time, I admit that we will still go below 90K, with the goal of finally taking out long positions and a more serious correction, before we continue a full-fledged upward movement above 100K.
🟠 The transaction volume on the BTC network exceeded $19 TRILLION in 2024
👨💻 Thus, it doubled the figure of 2023, and 2025 may be several times more productive:
Trump is considering introducing a 0% capital gains tax for BTC and cryptocurrencies, while the CEO of Ripple believes that "Trump's Bull Market" will soon show itself, as the most crypto-friendly Congress in history has emerged in the USA😊
💭 What do you think — what will be the maximum price of BTC this year?
Since the last time, I haven't updated or moved the chart, so it's clearly understandable how our plan is performing.
BTC opened the week in the range we need, $98,000-$100,000. This indicates two possible factors - either a continuation of growth in general or consolidation within this range. Additionally, BTC advanced to test $100,000, aided by the gap formed from last week's close on CME. Next, we expect a breakout above $100,000. If this does not happen today, we will likely see sideways movement for a few more days and further attempts to break into the $100,000-$102,000 zone.🫡#BinanceMegadropSolv #TrumpBTCBoomOrBust #BinanceAlphaAlert #NonFarmPayrollsImpact #AIAgentFrenzy $BTC $BTC
In front of you is one of the main majors of this alt-season, which gives the opportunity to buy more at the lows. The lower line is a strong support, below which you can confidently buy more in good amounts. And right now I see that the asset will go up to cover the imbalances. Once it consolidates above the resistance of $2.82, we will see the price move toward the previous maximum.#CryptoReboundStrategy #AIAgentFrenzy #SUIHitsATH #BitcoinHashRateSurge $BTC
🇨🇭 The People of Switzerland Demand the Creation of a BTC Reserve
Citizens are conducting an online referendum demanding that the authorities start purchasing cryptocurrency and create a strategic BTC reserve.
According to the Swiss Constitution, their national bank is mandated to hold gold as one of its reserves, but the referendum initiators propose to include Bitcoin in this provision as well.😏
The market continues to rise, naturally not without corrections. The good news is that yesterday we closed the day in the range of $98,000-$100,000, and the CME market closed at $99,000. This means that Monday will likely open around these levels, within the range we need. I marked the plan on the chart, a small consolidation and then a further upward move. Altcoins all look quite pleasant.
Bitcoin's dominance is going exactly according to our plan, which, combined with the growth of BTC, makes altcoins stronger than BTC itself. The altseason is indeed starting, and many altcoins are breaking out of local sideways trends. Growth is very close, let's accumulate more longs!$BTC #CryptoReboundStrategy #AIAgentFrenzy #SUIHitsATH #BitcoinHashRateSurge