The #BTC is following the plan perfectly, managed to recover the $88K, now we need to form a good support here, and then, we will target higher prices.
Tomorrow we have important Economic data in the USA, you should stay alert.
The #ETH reacted more quickly upwards, reaching +6.20% today, a good reaction. It should gain even more strength as Bitcoin Dominance goes below 58.66%, at this moment it is at 58.87%.
Looks good, but still deserves some attention!
Ualifi Araújo
--
Bullish
We are starting another day in the land of #BTC and this time with some decent recovery in prices. Yesterday we made the first attack in the $88K region, but we did not pass (and no one expected us to do so on Sunday).
Today we are making a retreat to $85.5K and that is good, it seems we are building a new jump to $88K, and this time it is expected that we will pass from there. This will put us on the way to $98K, which is our area of greatest interest; in my opinion, that is where we should have a definition of the current deadlock between BULLS and BEARS.
At the current moment, we have the EMA50 (4H), acting as resistance to the price, but if we look at the RSI and other indicators, we will see that we still have good room to continue rising.
This week will be quite busy, since we have a strong Economic agenda in the USA, so certainly the positive or negative results will be used by buyers and sellers to initiate the next movement, make sure to stay alert.
It seems we are starting to have greater CLARITY from many good analysts that the 4-year cycle of the Crypto market has been completely broken and a new model is forming from this current cycle.
We have recently seen that the consensus within the FED about interest rates no longer exists; there is a division there, some are already tired of Powell's madness, others still endure... this December meeting is highly anticipated. According to some surveys, we have four votes in favor of a rate cut, with six against, but a tie is not ruled out since some others are thinking of switching sides.
A rate cut and a clear signal of good steps would give the chance of a recovery in the markets and that would put us at $130K in Bitcoin. We need this for a sustainable and broad recovery, since what we have now is just large buyers waiting for a catalyst.
The market always rewards those who have conviction and patience!
We are starting another day in the land of #BTC and this time with some decent recovery in prices. Yesterday we made the first attack in the $88K region, but we did not pass (and no one expected us to do so on Sunday).
Today we are making a retreat to $85.5K and that is good, it seems we are building a new jump to $88K, and this time it is expected that we will pass from there. This will put us on the way to $98K, which is our area of greatest interest; in my opinion, that is where we should have a definition of the current deadlock between BULLS and BEARS.
At the current moment, we have the EMA50 (4H), acting as resistance to the price, but if we look at the RSI and other indicators, we will see that we still have good room to continue rising.
This week will be quite busy, since we have a strong Economic agenda in the USA, so certainly the positive or negative results will be used by buyers and sellers to initiate the next movement, make sure to stay alert.
It seems we are starting to have greater CLARITY from many good analysts that the 4-year cycle of the Crypto market has been completely broken and a new model is forming from this current cycle.
We have recently seen that the consensus within the FED about interest rates no longer exists; there is a division there, some are already tired of Powell's madness, others still endure... this December meeting is highly anticipated. According to some surveys, we have four votes in favor of a rate cut, with six against, but a tie is not ruled out since some others are thinking of switching sides.
A rate cut and a clear signal of good steps would give the chance of a recovery in the markets and that would put us at $130K in Bitcoin. We need this for a sustainable and broad recovery, since what we have now is just large buyers waiting for a catalyst.
The market always rewards those who have conviction and patience!
Ualifi Araújo
--
Bullish
We are moving towards a good recovery in #BTC, today we made +3% and we are very close to recovering $88K, this is good and the Bulls need a close at these levels to seek a larger recovery during the next week.
The new week will be busy and despite the moment still being extremely volatile, it is more than evident that prices are ridiculously cheap, and even with all the manipulation to remove the small investor from the charts, some will still be here when everything takes off, there are always those who CHOOSE to win ✊🏻.
Observe the 4H chart, we are about to try to reverse the EMA 50, as soon as we do that, the recovery will be faster and more solid, keep following from there.
We are moving towards a good recovery in #BTC, today we made +3% and we are very close to recovering $88K, this is good and the Bulls need a close at these levels to seek a larger recovery during the next week.
The new week will be busy and despite the moment still being extremely volatile, it is more than evident that prices are ridiculously cheap, and even with all the manipulation to remove the small investor from the charts, some will still be here when everything takes off, there are always those who CHOOSE to win ✊🏻.
Observe the 4H chart, we are about to try to reverse the EMA 50, as soon as we do that, the recovery will be faster and more solid, keep following from there.
Ualifi Araújo
--
Bullish
GOOD MORNING!!!
We are starting another weekend in the land of #BTC and still at a critical point, $83.7K, we needed a weekly close at $98K for a good recovery, but we are running out of time.
A close that is still acceptable and will put us "better" for next week is a close at $88.7K. So, keep an eye on those levels.
Prices are slow, and I obviously don't expect us to have any major price action; some sideways fluctuation between $81K/ $87K is what I expect to have this weekend.
Our focus is the weekly close on Sunday, so until then...try not to care too much about the prices.
I received countless messages on Instagram; I will respond to everyone today. 🤝🏻
It's been a while since I last posted about #ETH , despite always criticizing the performance that is far below expectations, the current situation of Ethereum still shows some strength.
Obviously, with its retreat, altcoins dropped quickly, which is understandable... however, I believe that in this current region is where it will find some support and may have a good reaction.
A look at ETH/BTC shows that the strength there was really good, we maintain 0.3240 as support and it opens up the possibility for a faster recovery for Ethereum and Altcoins (as soon as #BTC stops falling).
Although we always like Bitcoin going up, the time will soon come for the Altcoins to surpass it and finally have an altseason.
The $5K was not the definitive top region, we will surpass those prices without a doubt.
We are oversold here, the downward movement was too exaggerated and should be undone.
The market tests the patience and conviction of investors, don’t be surprised, it has always been this way and always will be!
We are starting another weekend in the land of #BTC and still at a critical point, $83.7K, we needed a weekly close at $98K for a good recovery, but we are running out of time.
A close that is still acceptable and will put us "better" for next week is a close at $88.7K. So, keep an eye on those levels.
Prices are slow, and I obviously don't expect us to have any major price action; some sideways fluctuation between $81K/ $87K is what I expect to have this weekend.
Our focus is the weekly close on Sunday, so until then...try not to care too much about the prices.
I received countless messages on Instagram; I will respond to everyone today. 🤝🏻
THE EXAGGERATED FALL WHILE INSTITUTIONS INCREASE THEIR PARTICIPATIONS IN BITCOIN!
We are seeing a downward movement in the prices of #BTC and cryptocurrencies in general that does not reflect reality, and goes far beyond that; we are seeing not only volatile assets being sold, but we are also seeing traditional assets (Gold and Silver) being sold in this turbulent moment of the World Economy. In this article, I will address 2 central issues that have been causing disturbances among Crypto investors: the exits of the ETFs and the sales of Owen.
THE OLD WHALE OWEN If you have been here for over 10 years, then you will know the skilled Owen, who once again made headlines by completing his Bitcoin sales.
This week was already promised to be highly volatile, but it is overwhelming, with the markets being decimated by economic news.
The #BTC lost support around $88K (with yesterday's economic data) and quickly fell to the next support level in the $80K region. Apparently, with the $1B purchase from Tether, BTC only paused its decline, as the chart looks terrible and still does not give a clear BUY signal.
Today is Friday, it seems that the morale and psychology of traders are hanging by a thread, most are exhausted, which is understandable!
I don't have much to observe beyond the support itself and Bitcoin's dominance...
Keep the game simple and observe level by level, Bitcoin now has another problem, to recover support at $88K (notice that before it only needed to recover $98K for a broader recovery), with this additional difficulty added yesterday, Friday becomes a burden, as we have a long weekend ahead.
It is evident that the downward movement is completely exaggerated and there is nothing but panic behind this event, nothing was broken in Bitcoin, the fundamentals are all still there, the panic arising from the economic situation reflects across all markets and is disproportionate.
The panic is so out of reality that we are seeing completely abnormal things like sales of "traditionally older" assets, such as Gold and Silver. This is an abnormal movement, as in times of fear, more traditional investors rush to Gold (which did not happen here).
We all understand that liquidity stress, the macroeconomic situation, and restrictive financial conditions are behind the widespread panic, but gentlemen, calm down and stay lucid (no matter the market).
Today I will make several posts addressing the most important points we are facing, something to help people understand the moment.
I have received numerous messages from people who have "large amounts in Bitcoin and Altcoins" and are terrified. I will create a dynamic to respond to everyone!
Today I was out for most of the time, unfortunately more data was released and more uncertainties were thrown about the FED in December, this shook the markets even more...
In just a few hours more than 1 trillion dollars was wiped out from the capitalization of the US stock market and 12 billion dollars were wiped out from the capitalization of the Cryptocurrency Market today, with the #BTC going to the lowest part of the support at $86K.
We are starting another day in the land of $BTC, and this time with some recovery, initially we need $93K.
The bottom is being built, buyers are defending $88K as the last trench.
Altcoins have much more strength at this moment, see the OTHERS/BTC chart, we are back above 0.126542, which is very good. We should continue like this.
Now, we need to see a drop in USDT.D, it is really too high... a drop to 5.32% is what needs to be seen next week, do that and we will have a good rise in altcoins!
Looks good! I will update some charts at the end of the day!
Ualifi Araújo
--
Bullish
$BTC
We are still trying to form some sort of bottom here, despite having a good positive reaction yesterday; unfortunately, that did not last long, to be more precise... it only lasted until HASSET talked about the future impact of tariffs on INFLATION.
We did not sweep the lows from yesterday, so there is no change, and the blue range on the chart is still where we expect to see decent support.
Buyers are pulling their orders whenever there is the slightest sign of "problems," making things quite fragile and unstable; this should continue for some time until we have clear upward reversal setups. Ignore the noise!
No surprises in the US session, we have all seen the failure that this session has been in recent days, we need our American friends to reverse this.
Yesterday we saw strong capital outflows from IBIT, which influences selling pressure on BTC, but it is still more likely that we are forming a bottom here.
Fear is evident, people have lost their clarity, and everything turns into reasons for panic. Look at USDT's dominance, and for a few seconds, you will have the impression that people think that is where they will have the highest returns hahahaha.
It seems that THE WHOLE WORLD is watching the results of $NVIDIA as if it were the new Powell hahahaha. Therefore, expect even greater volatility as we approach the moment when the results will be announced.
The same thought: I do not expect the BULLS to easily recover the $98K; on the contrary, but I still think they will do it. All this price melting was surgically done to reduce the market, and such things do not tend to last long.
We need to recover the $98K still during this week.
We are still trying to form some sort of bottom here, despite having a good positive reaction yesterday; unfortunately, that did not last long, to be more precise... it only lasted until HASSET talked about the future impact of tariffs on INFLATION.
We did not sweep the lows from yesterday, so there is no change, and the blue range on the chart is still where we expect to see decent support.
Buyers are pulling their orders whenever there is the slightest sign of "problems," making things quite fragile and unstable; this should continue for some time until we have clear upward reversal setups. Ignore the noise!
No surprises in the US session, we have all seen the failure that this session has been in recent days, we need our American friends to reverse this.
Yesterday we saw strong capital outflows from IBIT, which influences selling pressure on BTC, but it is still more likely that we are forming a bottom here.
Fear is evident, people have lost their clarity, and everything turns into reasons for panic. Look at USDT's dominance, and for a few seconds, you will have the impression that people think that is where they will have the highest returns hahahaha.
It seems that THE WHOLE WORLD is watching the results of $NVIDIA as if it were the new Powell hahahaha. Therefore, expect even greater volatility as we approach the moment when the results will be announced.
The same thought: I do not expect the BULLS to easily recover the $98K; on the contrary, but I still think they will do it. All this price melting was surgically done to reduce the market, and such things do not tend to last long.
We need to recover the $98K still during this week.
Ualifi Araújo
--
Bullish
$BTC
We start another day in the land of #BTC, still looking to form some support above $88K. At this moment, it is making a good reaction, but we still need a solid daily close for any decent confirmation.
Recovering the region of $92K is important, but I am not interested in that region; what really matters to us is the return of the price to $98K. That is where things will be defined in the short term, and a successful recovery will put us in a great position (we need that).
I do not expect the BULLS to have an easy time recovering the $98K, on the contrary, but I still think they will do it. All this price melting was surgically done to reduce the market, and such things do not tend to last long. I know some optimistic people say that a V-shaped recovery is what we will have, but I do not think that is likely. We will evidently have a recovery, but not in a V shape.
We are extremely oversold; even the daily has gone to 28.32 at this moment, a region we last visited on March 1. On that occasion, after going so low... we walked to a new ATH above $126K, and it will not be different this time.
The dominance of BITCOIN continues to show weakness and at this moment threatens to fall below 58.66%, which is already helping the Altcoins, which are showing more strength in the recovery and should continue to do so. They will be much quicker in the upward recovery, especially when Bitcoin's dominance prints another drop to 57.79%.
Long-term investors are here; they will continue to accumulate. Most of the retail has CAPITULATED; it is in these moments that the market reacts.
We need to recover the $98K still during this week.
Trump says he "already knows" who will be the next president of the FED. We know that Powell will leave in MAY of 2026.
Rumors say it is Hasset, and we have a good chance of Kevin Hassett being the next President of the FED. It will be something very interesting for the Crypto Market and Markets in general.
Obviously, Trump will ensure that his appointee follows his "instructions" regarding the interest rate cut.
The markets will like this, we will await confirmation that Hasset is the chosen one.
We are living in a turbulent moment worldwide, both financially and militarily, and this is just a crack (for now) in this great traditional structure that was created to crumble until it collapses with force. In the midst of all this chaos, we are seeing Cryptocurrencies rise as a decentralized way to replace what is deficient in the traditional financial system and improve things that need to be improved.
There is no more room for Bitcoin maximalism, that time when we said "BITCOIN IS THE ONLY CURRENCY", that time has passed and it has become clear that the world needs much more than just a store of value, the world necessarily needs to be replaced by something new, and just Bitcoin is not enough for that.
We start another day in the land of #BTC, still looking to form some support above $88K. At this moment, it is making a good reaction, but we still need a solid daily close for any decent confirmation.
Recovering the region of $92K is important, but I am not interested in that region; what really matters to us is the return of the price to $98K. That is where things will be defined in the short term, and a successful recovery will put us in a great position (we need that).
I do not expect the BULLS to have an easy time recovering the $98K, on the contrary, but I still think they will do it. All this price melting was surgically done to reduce the market, and such things do not tend to last long. I know some optimistic people say that a V-shaped recovery is what we will have, but I do not think that is likely. We will evidently have a recovery, but not in a V shape.
We are extremely oversold; even the daily has gone to 28.32 at this moment, a region we last visited on March 1. On that occasion, after going so low... we walked to a new ATH above $126K, and it will not be different this time.
The dominance of BITCOIN continues to show weakness and at this moment threatens to fall below 58.66%, which is already helping the Altcoins, which are showing more strength in the recovery and should continue to do so. They will be much quicker in the upward recovery, especially when Bitcoin's dominance prints another drop to 57.79%.
Long-term investors are here; they will continue to accumulate. Most of the retail has CAPITULATED; it is in these moments that the market reacts.
We need to recover the $98K still during this week.
Ualifi Araújo
--
Bullish
I hardly update the $BTC chart twice in the same day, but constant selling (driven by news) is requiring this...
Unfortunately, the BULLS did not maintain a decent close on the candle I mentioned in the morning, and this brought complications to the chart (I know that the announcement about the possible Crypto taxation in the USA helped the BEARS here), but let's not get into the reasons, just what we have on the chart.
The price lost support at $92K, unfortunately, that was the last trench; due to the failure to defend there, we had to put on the table the $88K (blue range), it is evident that no one would like to see this support being added to the chart, but it is what it is and not what we want.
We are becoming oversold in all time frames up to 1D, and in the WEEKLY we are heading towards that.
The dominance of USDT is reaching very high levels, the fear of investors is intense, even reaching levels like the bankruptcy of LUNA, unbelievable.
There is a plethora of news and assumptions about the end of the 4-year cycle that drive people to sell, and the news contributes directly to this, but all Capitulation events cause extreme pain, but remember that this correction in Bitcoin has no relation to the breaking of fundamentals, but rather with the whole global situation, mainly around the economic failure that is the USA.
Unlike previous cycles, institutional adoption is much more mature, which will provide structural support to the price, and $88K becomes the new area of INTEREST, let's observe the price reaction there... if you are betting against Bitcoin, it is clearly your first cycle in this.
We need to recover the $98K still during this week.
I hardly update the $BTC chart twice in the same day, but constant selling (driven by news) is requiring this...
Unfortunately, the BULLS did not maintain a decent close on the candle I mentioned in the morning, and this brought complications to the chart (I know that the announcement about the possible Crypto taxation in the USA helped the BEARS here), but let's not get into the reasons, just what we have on the chart.
The price lost support at $92K, unfortunately, that was the last trench; due to the failure to defend there, we had to put on the table the $88K (blue range), it is evident that no one would like to see this support being added to the chart, but it is what it is and not what we want.
We are becoming oversold in all time frames up to 1D, and in the WEEKLY we are heading towards that.
The dominance of USDT is reaching very high levels, the fear of investors is intense, even reaching levels like the bankruptcy of LUNA, unbelievable.
There is a plethora of news and assumptions about the end of the 4-year cycle that drive people to sell, and the news contributes directly to this, but all Capitulation events cause extreme pain, but remember that this correction in Bitcoin has no relation to the breaking of fundamentals, but rather with the whole global situation, mainly around the economic failure that is the USA.
Unlike previous cycles, institutional adoption is much more mature, which will provide structural support to the price, and $88K becomes the new area of INTEREST, let's observe the price reaction there... if you are betting against Bitcoin, it is clearly your first cycle in this.
We need to recover the $98K still during this week.
Ualifi Araújo
--
Bullish
$BTC, we are seeing a very predictable price action today, we are still in this region below the support of $98K, but we are building some reversal here.
We are seeing a beautiful 4H Candle, but the question here is whether we can close it like this in the next 1h, do that and then the bulls will react here and push the price to the green range on the chart.
Below $98K is a very good buy for INSTITUTIONS that have already bought above $100K, of course Saylor is taking advantage of these prices and bought $835.6 Million in Bitcoin. Also, other large Companies are accumulating here.
There is a rush for BTC, Banks, Companies, sovereign funds, Various Funds, and Corporate Treasuries want more and more Bitcoin, and even though we are seeing a forced market reduction by some, these investment giants will make the most of this moment.
This will be a great week, expect some extra volatility.
The BULLS do not need much to show strength here, just RECOVER $98k and we will have a decent recovery from there.
Gentlemen, if you are still stuck on the idea of 4-year cycles and the "old" format of cycles, forget that and recalculate...the game has changed, adapt or be left behind, you will not have an easy new cycle chance.
The Trump administration is reviewing a proposal that would allow the IRS (Internal Revenue Service) to access and tax cryptocurrency account data of Americans abroad. 🤦🏼♂️
$BTC, we are seeing a very predictable price action today, we are still in this region below the support of $98K, but we are building some reversal here.
We are seeing a beautiful 4H Candle, but the question here is whether we can close it like this in the next 1h, do that and then the bulls will react here and push the price to the green range on the chart.
Below $98K is a very good buy for INSTITUTIONS that have already bought above $100K, of course Saylor is taking advantage of these prices and bought $835.6 Million in Bitcoin. Also, other large Companies are accumulating here.
There is a rush for BTC, Banks, Companies, sovereign funds, Various Funds, and Corporate Treasuries want more and more Bitcoin, and even though we are seeing a forced market reduction by some, these investment giants will make the most of this moment.
This will be a great week, expect some extra volatility.
The BULLS do not need much to show strength here, just RECOVER $98k and we will have a decent recovery from there.
Gentlemen, if you are still stuck on the idea of 4-year cycles and the "old" format of cycles, forget that and recalculate...the game has changed, adapt or be left behind, you will not have an easy new cycle chance.