User-8ba82

How far could #bitcoin fall, according to the analysis of supports and resistances?

According to the technical analysis of supports and resistances, if bitcoin falls further, it is possible that it will hit a brake around USD 80,000 or USD 75,000. These levels, psychologically strong due to being round numbers, briefly functioned as resistance last year. That is why it would not be surprising if they are tested as support.

Although there is a lower price zone that has previously acted as a more durable resistance, making it possible for the market to try to transform it into support. This is the pricing between USD 70,000 and USD 73,000, which positioned itself as temporary highs.

As support would imply a drop for bitcoin of 35% from its historical maximum price of USD 109,300 recorded five weeks ago.

*content taken from criptonoticias*

Taking into account certain points and criteria regarding the currency #WLD to hold or sell, in my opinion, it is good to hold some coins in case the sale of them can rise much higher in respect to the price. On the other hand, considering the value of #WLD at the end of 2024, one can observe the closing according to the chart shown. According to some viewpoints, I could quote up to 5 dollars if it had closed well in 2024, but it was foreseen that it closed at its estimated minimum.
Now with the start of 2025, the question would be: will it close the same as in 2024 or will it surpass the estimated minimum point for this year?
If #WLD is on the right track, it would close the year exceeding the estimated average price, making a considerable profit for old investors and providing motivation for new investors to invest in this currency.

This is just one option and perspective in my opinion.

it is good to reserve or save some coins since according to a chart taken to the forecast in the coming years it would be priced at this amount.

this currency depends on the people who join the app and also on long-term investors, not short-term ones, so in my opinion...(2)

taking into account the highest point and the previous resistance that was around 2.50 or 2.70, it can be seen that it is a resilient crypto, also it should be emphasized.....(1)

taking into account some important points regarding the currency #WLD. there are 2 points according to my criteria and point of view.

first the issue of the app and the benefit of having or generating more #WLD. is a very important point since it is 10% annually of the total coins placed there in addition to having the opportunity to claim the "gold" coin every 24 hours which can also be converted into #WLD.

second, the issue of the volatility of the currency's quotation it is known that being a currency with a good reserve and flow in the market over time one can see the growth of earnings and it also does not only depend on the users the app is also a key point due to the issue of new users or buyers of cryptos who are interested in the currency.
it would generate good stability and more profits regarding the previously invested amount

keep in mind that I am new to this topic but at the same time it is a personal opinion and a lot of research on the subject