Bitcoin ($BTC) has staged an impressive recovery following a liquidity sweep, signaling strength in the market. The asset is currently trading close to the critical resistance of $$ 95.900, a key level to determine the next price direction.
🔍 Last 30-Day Analysis: Over the past 30 days, BTC has exhibited high volatility, oscillating between $$ 87.500 (recent support) and $$ 97.800, establishing a resistance at the local top. The 50-period moving average indicates an uptrend, while the RSI (Relative Strength Index) is approaching the overbought zone, suggesting a possible decision moment for the market.
📊 Possible scenarios: • Breakout above US$ 98.000: A breakout could trigger a bullish rally, paving the way for a new all-time high. • Rejection and consolidation: If the resistance holds, BTC could consolidate or correct to support at US$ 93.000 or to the US$ 90.000 range.
📌 Data sources: • Charts and indicators: TradingView • Market data: Binance, CoinMarketCap
🤔 What now? Will Bitcoin be able to break through US$ 98k and reach new highs, or will we see a pullback in the short term? Leave your opinion in the comments and follow the evolution!
Exploring the Potential of BIO Protocol (BIO): A Strategic Guide
Hello, Binance Community! 🎯
I’m excited to be participating in the launch of Bio Protocol (BIO) on Binance Launchpool. This project is directly linked to the DeSci (Decentralized Science) movement and promises to revolutionize the funding and governance of scientific research in the field of biotechnology. Here’s a detailed analysis of BIO’s potential and a strategy for those, like me, who want to make the most of this opportunity!
BIO Price Projections
Based on similar projects such as VitaDAO (VITA), I have estimated the following scenarios: • Conservative Scenario: $0.12 USD (Market Cap ~$153M) • Optimistic Scenario: $0.39 USD (Market Cap ~$500M) • Extreme Scenario: $3.85 USD (Market Cap ~$5B)
The official listing of the BIO token will be on January 3, 2025. Now is the time to plan the best strategies!
Selling Strategy
🔹 Gradual Selling: Divide your selling into targets such as $0.12, $0.50, $1.00 and $3.00. 🔹 Stop-Loss Protection: Ensure that your profits are preserved in case of volatility. 🔹 Follow: Stay tuned for news about the project and the rapidly growing DeSci market.
Why is BIO Protocol Promising?
1. Focus on DeSci: Facilitates governance and funding of scientific innovations.
2. Support from Binance: Launching on Binance Launchpool brings visibility and liquidity to the token.
3. DAO ecosystem: Inspired by successful projects like VitaDAO, BIO has the potential to stand out.
If you are also participating in the Launchpool, share your strategies and predictions in the comments! Let's exchange ideas and maximize our gains 🚀. #BIOProtocol#BinanceLaunchpool#DeSci#Cryptocurrencies #Investments$BNB