The charts have been holding above the 0.786 Fibonacci level for several days and have not managed to break this value. Additionally, there is a good support level. There is a possibility that in the next couple of days there will be another bounce upwards. Conduct your analyses and make sure to enter the trade before the growth begins #OMCoin #mantra #OMUSDT
The scenario for $BTC continues to unfold, the market maintains a bearish sentiment. It is still necessary to observe the price reaction at the nearest levels. Locally, we are slowly working out the triangle, with the most likely target upon a downward breakout being $72000.00
Current price: $82,076.75 (-4.58%) Maximum in 24h: $86,156.17 Minimum in 24h: $80,000.00 Volume in 24h: 32,643.55 BTC (~$2.70 billion USDT)
Bitcoin has shown significant volatility, dipping to $80,000 but then partially recovering. The upward retracement stopped around $82,000. Technically, the price remains below EMA(25) and EMA(99), indicating bearish pressure.
In the short term, BTC may continue to struggle for the $82,882.94 level. If it settles above, a retest of $84,000–$85,000 is possible. In case of a pullback, support is at $81,278 and $80,000. #MarketPullback #CryptoAdoption
That's the market for you. The chart moves to the right with a hundred percent certainty only)
Annie June
--
Bullish
Forecast $BTC for the next couple of days
Bitcoin is at the foot of the final wave 5 and is preparing to make the final leap that should show the further movement, will it go to 100k+ or will we drop to 74-76k and possibly lower. I will open a long position for the next 24 hours.
First target 86000$ Second target 88000$ Closing at 90000$
Stop at around 80500$
Join me if you want. Not financial advice! 👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇
Bitcoin is at the foot of the final wave 5 and is preparing to make the final leap that should show the further movement, will it go to 100k+ or will we drop to 74-76k and possibly lower. I will open a long position for the next 24 hours.
First target 86000$ Second target 88000$ Closing at 90000$
Stop at around 80500$
Join me if you want. Not financial advice! 👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇 👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆
On Binance, the opportunity to earn up to 2000 $USDC has just appeared The conditions are very simple Details of the promotion and conditions in the link belowPromotion Conditions
Chinese authorities are considering the creation of a strategic bitcoin reserve (SBR), according to Bitcoin Magazine CEO David Bailey. He claims that after the US elections in November 2024, closed meetings on this issue began in Beijing.
It was previously reported that the Chinese government owned 190,000 $BTC confiscated from the cryptocurrency pyramid PlusToken. However, in 2020, the media reported the sale of these assets for $4.2 billion. Some analysts continue to track the movement of confiscated assets, including Ethereum. In January 2025, CryptoQuant CEO Ki Young Ju suggested that China sold all confiscated bitcoins through local exchanges such as Huobi.
Trading volume over 24 hours: 1.58 million OM (~10.41 million USDT)
The OM coin has slightly declined over the last day (-1.32%), but overall shows positive dynamics over the last 30, 90, and 180 days. The annual growth is particularly impressive: +2128.27%, indicating a long-term bullish trend.
Trading volume over 24 hours: 1.64 million SOL (~225.08 million USDT)
Solana is trading with a slight decline, remaining in a narrow range of 135 – 140 USDT. The overall trend over the last 30 and 90 days indicates a decline, but in the last 24 hours the movement has stabilized.
Trading volume over 24 hours: 311,016.89 ETH (~679.56 million USDT)
Ethereum shows an increase of 2%, trading above 2180 USDT. Throughout the day, the price fluctuated in the range of 2126 – 2234 USDT, indicating volatility but with a tendency to recover.
Trading volume over 24 hours: 10,303.49 BTC (~887.89 million USDT)
Bitcoin shows a slight decline, remaining in the range of 85,600 – 86,600 USDT. The current trend indicates consolidation with prevailing bearish sentiment.
$OM So, today Mantra tried to return to levels above 0.618 according to Fibonacci, but it didn't work out, so the scenario of moving to the value of 6.178 becomes more likely.
I am opening a short position for the night until this value. In the morning, I will share the results. You can also try your luck with me by clicking on the chart below. Good night to everyone 😘
The US dollar is following a similar path as Trump's first term. The US dollar is following the same path as during Trump's first term.
In 2016 the US dollar also began to trend down after Trump's first few weeks in office. In 2016, the US dollar also began to decline a few weeks after Trump took office.
If history repeats it could be supportive for risk assets, and especially $BTC If history repeats, it could support risky assets, especially $BTC
An Interesting Observation Regarding $BTC and #S&P500
(Summary at the very bottom, and here is the expanded thought.)
Looking at the global picture of the graphs, one can notice an interesting pattern between these two giants.
1. Every time #S&P500 goes below the 200-day moving average (data points indicated by vertical green lines), a decrease in BTC is observed.
2. The opposite situation arises when the S&P 500 rises above the 200-day moving average; at that moment, an increase in BTC begins.
3. Every time the S&P 500 graph declines, significant events occur in the world. I believe that this time it is a combination of recent news in the world - the signing of the U.S. crypto reserve and Trump's attempts to end the war in Ukraine.
Conclusion: My opinion for the near future is that the BTC chart is likely to continue moving downward, to the projected $68,000-$74,000, and only after that will it be able to update its highs.
So, $OM successfully broke the 0.618 Fibonacci level at $6,745 and went lower, which may indicate further declines in the chart down to the next Fibonacci level of 0.786, with the next likely bounce point at $6,178.
At the moment, I plan to observe the situation for a couple of days and possibly open a short position until the next level.
You can also follow my strategy along with me and keep up with the updates by subscribing and leaving a like, but before opening any trades, conduct your own market analysis and remember, you are solely responsible for your money. May the alt season be with you! Good luck! $OM
Overview of $BTC /USDT on Binance for the last 24 hours
Current price: $88,164.01
Maximum in the last 24 hours: $91,667.50
Minimum in the last 24 hours: $84,667.03
Daily change: -3.40%
Trading volume in the last 24 hours: 47,081.93 BTC (4.18 billion USDT)
Market analysis
In the last 24 hours, Bitcoin has shown significant volatility. The price dropped to $84,667.03 but then recovered and reached $91,667.50, after which it corrected again. Currently, $BTC is trading around $88,164, which is 3.40% lower than the previous day's level.
Technical indicators
EMA(7): 88,113.49
EMA(25): 88,785.62
EMA(99): 88,563.11
Overall trend: Short-term decline, but the possibility of recovery remains with support above $88,000.
Conclusion
The market remains volatile, and traders should consider potential further fluctuations. Support around $84,667 is key, while resistance at $91,667 may limit growth in the near term.