The price movement indicates that BSV will first test the support level of $27.00 (USDT) before rising to target the liquidity area at $30.00+ (USDT).
Key Levels:
- Support: $27.00 (USDT) (critical short-term bottom). Successful stability at this level corresponds with the anticipated price rebound.
Price Action Analysis:
Step 1 - Testing Support:
- The price is expected to drop towards $27.00 (USDT) (bearish price action), where buyers may intervene to defend this level.
- A bullish reversal signal (such as: hammer, engulfing candle) at $27.00 (USDT) will confirm the price action.
Step 2 - Rising Towards Target: - A rebound from $27.00 USDT may trigger momentum towards $28.50-$29.00 USDT, with a breakout above $29.50 USDT accelerating the move towards $30.00+ USDT. - The area of $30.00-$32.00 USDT is highlighted as a liquidity gathering and order block, likely attracting profit-taking or short-selling pressure.
The increasing reliance of companies, institutions, and even countries on Bitcoin as a store of value and a means of transactions is a strong indicator of rising demand. Major players like Tesla, Square, and El Salvador have invested in Bitcoin or accepted it for transactions, while the Lightning Network and other scaling solutions improve its usability for everyday purchases. This increasing acceptance, along with the entry of traditional financial institutions into the world of cryptocurrencies, suggests that Bitcoin is maturing as an asset class and gaining widespread momentum, which could drive further price increases.
From a fundamental perspective, the maximum supply of Bitcoin at 21 million coins and the upcoming halving event, which reduces the rate of new Bitcoin issuance, creates a deflationary pressure that may support price increases over time. Additionally, macroeconomic factors such as rising inflation concerns and geopolitical instability make Bitcoin an attractive hedge against the devaluation of fiat currencies, which could further increase demand for it.
Despite the significant decline of over 70% since February 2025, the Pi Network currency shows signs of technical recovery. The formation of an ascending triangle pattern indicates a potential bullish reversal, with potential price targets ranging between $1.40 and $1.75 upon successful breakout.
Short-term Recovery Forecast:
Analysts expect the Pi Network currency to experience a rise of 30.34%, reaching around $1.08 by April 3, 2025. This forecast is based on current market trends and technical indicators, suggesting potential bullish momentum in the short term.
Binance Australia faces ASIC lawsuit over consumer protection breaches
The Australian financial services regulator has filed a lawsuit against Binance Australia Derivatives for misclassifying more than 500 retail customers and denying it key legal protections.
$ETH Ether Price Rises to $5,000 Based on Fractal Patterns, BlackRock ETF Doubles ETH Holdings with $500M Buy
Ether price rally to the psychological $5,000 level may be a “minimum target” based on emerging fractal patterns in Ether and Bitcoin price rallying above $100,000.
$BTC I am bullish on BTC price: BTC price is in an uptrend now. I think it is bullish now. It has successfully broken the $95k-$96k support level, so it is time to pump huge amounts of money here to the $98k-$99k resistance level. So traders should place a strong take profit/stop loss in this area.
#$BTC Bitcoin consolidates: Bitcoin is trading between $93K and $99K, now at $95,734 (-3.4%), struggling to break the $100K mark despite strong institutional support. 📉
Market Overview: Total cryptocurrency market cap remains strong at $3.47T, with $1T inflows in November. Slight 0.4% decline reflects healthy market dynamics.
Altcoin Focus: As Bitcoin stabilizes, attention is shifting to Ethereum (ETF inflows at record levels) and XRP, showing growing confidence in altcoins.
🔸 Daily Macroeconomics 🔹 Bitcoin Status: Bitcoin struggled to surpass $100K and is now in a consolidation phase 🔹 ETF Activity: 💠 ↦ Bitcoin ETFs: $490M net inflow 💠 ↦ Ethereum ETFs: $91.2M net inflow
🔱 Macroeconomics: Key US economic data this week includes: 💠 ↦ Core Personal Expenditure Price Index (YoY & M/M) for October 💠 ↦ Personal Spending (M/M) for October 💠 ↦ Pending Home Sales (M/M) for October 💠 ↦ Fed Minutes from November
🔸 Daily Focus 🔹 XLM 🔎 Event: XLM and other established tokens gain momentum, with XLM up 133% (24 hours) and nearly doubling in a week 💹 Market Analysis: Legacy tokens like XLM have shown resilience across market cycles. However, they remain far from their all-time highs
🔸 Next Focus 🔹 MicroStrategy 🔎 Event: Founder Michael Saylor hints at plans to buy more BTC, noting the addition of “green dots” on saylortracker 💹 Market Analysis: MicroStrategy’s continued Bitcoin buying continues to inspire bullish sentiment, often leading to notable market reactions
The live price of Bitcoin is $92,152.76 per (BTC/USD) today with a current market cap of $1.82 trillion. The 24-hour trading volume is $73.84 billion. The Bitcoin price against the US dollar is updated in real time. Bitcoin is up 1.55% in the last 24 hours. The circulating supply is 19,784,488.#
The live price of Peanut the Squirrel is $1.330421 per (PNUT/USD) with a current market cap of $1.33B. The 24-hour trading volume is $2.61B. The PNUT price is updated to USD in real-time. Peanut the Squirrel is +209.71% in the last 24 hours.
I think the market knowledge forecast is #bullvsbear.
Stock prices rise in bull markets and fall in bear markets. The stock market continues to gain value amid bullish conditions, even with some short market corrections. Under bearish conditions, the stock market loses value or settles at lower prices.
#Hello, I am pretty sure that Pnut can go much higher from now, my prediction is that it will go up to at least 5 I am bullish on Pnut because of its listing on Binance and because of Elon Musk
🔷 Ethereum Overtakes Bank of America in Market Cap
📈 Thanks to the recent surge in cryptocurrencies, Ethereum’s market cap has surpassed that of one of the largest US banks, Bank of America, by a margin of $20 billion ($366 billion vs. $346 billion, respectively).
✅ However, one giant bank still outperforms the leading altcoin: JPMorgan Chase has reached a market cap of $667 billion.
‼️ It is worth noting that Bitcoin, at $1.5 trillion, has long surpassed all banks worldwide in market cap.
After Bitcoin’s price surged past $79,000, MicroStrategy’s unrealized Bitcoin assets have surpassed $10 billion.
‼️ The company, which has raised 252,220 Bitcoin since 2020, has earned a reputation as one of the largest cryptocurrency holding companies.
MicroStrategy’s commitment to Bitcoin under Michael Saylor has solidified its market position and fueled investor interest, linking the company’s future to Bitcoin price movements.
Since yesterday, not much has changed in the market, and we are still moving sideways in the $66,500-$68,000 range. I believe that further growth will be possible after a drop to the $65,000 area, which may provide new long-term opportunities.
Representatives of the International Monetary Fund claim that the fight against inflation is going well, and inflation is expected to fall to 3.2% by 2025. However, some businessmen, such as billionaire Paul Tudor Jones, do not agree with this opinion, and they expect inflation to increase in the future.
Regardless of the outcome, the main tool in the fight against inflation is smart investment. Cryptocurrencies are one of the assets that can help protect your savings from the effects of inflation.
🎯 As we expected, Bitcoin continues its downward movement. We have reached the $60,500 level, and the next stop seems to be around $57,500. While bullish pullbacks are possible, we are likely to see a bearish week, and it is still moving within a downward channel.
✍️ Analysts point to additional factors that could affect the decline in the price of Bitcoin. One of them is the shrinking supply of stablecoins, especially the two largest dollar-pegged stablecoins by market cap - Tether (USDT) and USD Coin (USDC).
👨💻 Although the market may experience significant volatility in the near future, I find the prediction of Bitcoin reaching over $100,000 by 2025 to be very realistic.