#cryptouniverseofficial Bitcoin is currently trading within a tight range, and we might see increased volatility once the US market opens. A reclaim above $95,000 would be a positive signal for the market.
#cryptouniverseofficial Bitcoin is currently moving sideways, and we may see a similar trend today. However, we can expect more action on Monday when the global markets open.
Bitcoin is consolidating within a descending triangle pattern, trading just above a critical horizontal demand zone. The 21MA and 50MA are forming a resistance barrier above the current price action, while the Ichimoku Cloud signals bearish momentum.
A decisive breakout or breakdown is essential to confirm the next major move. Stay alert this setup could define Bitcoin's next trend.
#CRYPTOIMPACT #ETHUSDT has been trading bearish overall inside the descending wedge, which is marked in red and green.
Currently, it is approaching the lower border of the wedge.
Additionally, $3000 is a strong and distant support. Therefore, the 3000 - 2900 range is a strong area to look for buy setups, as it is the intersection of support and lower trend lines that act as non-horizontal support.
As #ETH approaches the support range, I will look for bullish reversal setups (such as a double bottom pattern, trendline breakout, etc...) Always follow your trading plan in terms of entry, risk management, and trade management.
#CryptoInsights For the first time since October 10, we’ve had a day where hourly averages showed losses instead of profits.
• Like I’ve said before, in a bull market, this is usually enough for a solid correction. Prices could drop lower, but only if there’s a quick bounce—otherwise, the entire bullish structure could fall apart.
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In the January 2024 correction (-21% peak to peak), there were only two days like this, but realized profits back then were much lower than in the past two months. Later, three major dips in March-April 2024 (the start of a long sideways trend) saw strong rebounds as soon as losses dipped into negative territory. It wasn’t until early May that everything changed—prices broke below a critical level, flipping the bullish trend into months of unpredictable swings
#Cryptoinsights 🔥 PREDICTION: #Bitcoin is predicted to reach $1.5 million by 2035, according to Timothy Peterson, who bases his forecast on network growth and Metcalfe’s Law.
Peterson’s prior accurate predictions include the 2024 bounce and the $10,000 $BTC price floor.
#MarketUpdate Let's take a look to the movement of BTC. The price is at the critical support of 90-92k.
This level is important. Bulls have to maintain this level. Once we loose this level, we are going deeper. let's see how the price will react to day and over the weekend.
*sideways movement s anticipated and ALTs may start recovering slowly slowly.
Recently AI-based projects have attracted investor’s interest globally. The whole of December we have seen a drastic increase in AI projects with newer ones in the pipeline the market is already betting high on these technologically advanced projects which can give maximum return under Trump’s leadership. Though AI agents still need a firm ground, one analyst is sure that it will be the next big thing in blockchain; here’s why
Jamie Coutts, Real Vision’s chief digital assets analyst, believes the buzz around crypto AI agents is far from over. According to Coutts, these innovative protocols are poised to ride the hype wave for at least another four months, offering groundbreaking solutions in blockchain and decentralized finance (DeFi).
MARKET UPDATE: $XRP ➖➖➖➖➖➖➖ XRP is currently consolidating within a symmetrical triangle pattern. A breakout from this structure, confirmed by a candle close above or a successful retest of the breakout level, would signal a bullish confirmation.
Until then, price action is likely to remain confined within the triangle, with potential for further oscillation between support and resistance levels. ➖➖➖➖➖➖➖ Follow me for updates and accurate trading signals.