We are looking at the BitStamp Green Support Line here that has Marked the bottom correctly before 100% of the time for each each bull cycle pump on bitcoin going 3/3 without fail.
We are now looking to see if we can go 4/4 and mark the new bottom buy with a quick wick down to the green support currently around 73K+ this week, but as each week closes the bitcoin bottom number will rise as the green support line rises over time.
Good luck. Let's see if the 4th time is also the charm.
This is the measured move of the ascending channel. The price also meet a strong resistance zone from previous highs, making it pretty good sense.
• $1.237 (~84x from current price) - This is the full breakout target of the triangle, though it seems unlikely to be reached; However, this 84x was how high it surged last time.
If a bull run happens, a reasonable strategy would be to sell 50%-80% of the holdings at $0.229, keeping a small portion as "free ride" profit in case it extends to $1.237.
Some skeptics may think an 84x move is ridiculous, but keep in mind, although the altcoin season hasn't even started yet,
OMUSDT has already surged over 300x since last year.
If you think many things impossible, you'll never make the big gains. The key is to think big but execute strictly:
Always set a stop-loss with buying order.
Take profits at targets without hesitation.
This is how you maximize gains in crypto bull runs and protect capital in crashes.
🔥Short Target:🔥
$0.00296 (~-79% from current price)
This is the measured move of the ascending channel breakdown.
Ethereum has recently bounced off a key long-term support zone, indicating a potential bullish rally. Despite the ongoing Bitcoin-driven bull run, ETH remains far from its all-time high (ATH), making the current price levels attractive for investors looking to enter the market.
Key Technical Insights:
Strong rebound on long-term support
Potential rally toward $4,000
One of the most affordable large-cap cryptos right now
With the current market setup, ETH presents an interesting risk/reward ratio. I anticipate a profit potential of 49% to 79%, with a holding period ranging from a few weeks to several months.
The SEC received and published Grayscale’s application to convert Litecoin Trust into a spot ETF.
Litecoin ETFs may offer more convenient trading than directly owning Litecoin.
Investing in Litecoin ETFs carries inherent risks, such as price volatility and potential tracking errors.
Regulators must approve Litecoin ETFs before they can be widely available in the market.
The crypto market’s rapid expansion has created diverse investment options.
Exchange-traded funds (ETFs) are one type; they offer simplified access to digital assets. After the SEC approved Bitcoin and Ethereum ETFs in 2024, Litecoin ETFs are now on the horizon.
But is there a Litecoin ETF already?
No, the Litecoin ETF has not been approved yet. On Jan. 15, Canary Capital filed an amended Litecoin ETF application with the Securities and Exchange Commission (SEC), fueling hopes for broader adoption. Key developments signal progress, as Canary Capital’s spot Litecoin ETF filing has entered the review phase, while Grayscale seeks to convert its Litecoin Trust into an ETF. These moves could enhance Litecoin’s market accessibility, though approval remains uncertain.
If dominance of btc manages to raise to the top of the channel, it will be around the last blow off top, forming a potential double top to end the bull market for BTC.D, but it's only a possibility. #BTC.D
We are looking for next phase dump here as soon as possible major support which is 93K$ support zone had about 7 touches and soon this support will not be able to handle and pump the price any more because buyers are getting weaker and also less each time and also after that major fall will start and we may have targets like 80K$ or even 73K$.
Also remember double top on daily will be complete after breakout of neckline which is 93K$ breakout.
1. **Regulatory Hurdles:** - The SEC requires **surveillance-sharing agreements** with regulated markets to prevent fraud. Litecoin's relatively smaller market cap (~$5 billion vs. Bitcoin's ~$1 trillion) and liquidity may make it harder to meet these requirements. - Litecoin is not considered a security by the SEC, but its regulatory clarity still lags behind Bitcoin and Ethereum.
2. **Market Demand:** - Litecoin is often overshadowed by Bitcoin and Ethereum in institutional interest. A Litecoin ETF might struggle to attract the same level of demand unless crypto diversification becomes a stronger theme.
3. **Competition:** - If Bitcoin and Ethereum ETFs gain traction, Litecoin could be seen as a "second-tier" option, reducing urgency for regulators or issuers to prioritize it.