$BTC I start my analysis with Bitcoin. Currently, I expect a drop to 85k. We have a total of 3 unfilled FVGs (fair value gaps) below the current price, and this is a big deal. These gaps pretty much always tend to be filled. These are no gaps that occurred at the start of the uptrend (near 15k in 2022), but almost before the end of the uptrend (85k in 2024). This is a hugeeeee problem, and I assure you that bitcoin will go down sooner rather than later.
Today we also want to look at the RSI indicator. The RSI indicator is important mostly only on the 1m, 1H, 1D, 1W, and 1M charts. Do not use it on, for example, 15m or 2h charts. On the RSI indicator, we can see a bearish divergence because the price is making a higher high while the indicator is making a lower high.
That's a huge sign of weakness.
Also, let's take a look at the moving averages. This is the daily chart, so let's use 50, 100, and 200. These periods are very popular among huge institutions and hedge funds. They mainly like to use 200 and 20. As we can see, the price is too far away from them, which is a sign that the market is overbought and we should wait for a correction. You want to buy at the support, not when the market has already made the move.
Currently I am bearish on Bitcoin. Profit target 1:
Ethereum will ignite the spark that leaves bitcoin behind and triggers the rise of all altcoins. It's imminent just like in the past, when Ethereum starts to rise, it gains sharp and lasting momentum. Projects within Ethereum's ecosystem, like OP OF $OP, L2, Matic $MATIC, Arbitrum $ARB, or ZK $ZK, will rise even more than Ethereum itself following its surge. As I said, the rise could start at any moment. #BinanceAlphaAlert #BTCXmasOrDip? #XmasCryptoMiracles #china #Write2Earn
Ethereum will ignite the spark that leaves bitcoin behind and triggers the rise of all altcoins. It's imminent just like in the past, when Ethereum starts to rise, it gains sharp and lasting momentum. Projects within Ethereum's ecosystem, like OP OF $OP, L2, Matic $MATIC, Arbitrum $ARB, or ZK $ZK, will rise even more than Ethereum itself following its surge. As I said, the rise could start at any moment. #BinanceAlphaAlert #BTCXmasOrDip? #XmasCryptoMiracles #china #Write2Earn
đ¨đ¨ $BTC The perfect #Bitcoin breakout!đĽđ
A perfect #Bitcoin breakout typically refers to a price movement where Bitcoin breaks through a significant resistance level with strong volume and momentum. Hereâs what it might look like:
1. Clear Resistance Level: The breakout happens after Bitcoin has tested and consolidated near a key resistance level multiple times.
2. High Volume: A surge in trading volume accompanies the breakout, confirming strong market participation.
3. Sustained Momentum: The price sustains above the breakout level without retracing immediately.
4. Technical Indicators: Indicators like RSI, MACD, or Bollinger Bands support the upward movement, showing bullish signals.
Here's a breakdown of this scenario:
1. Triangle Formation: The price consolidates into a tighter range, forming lower highs (descending trendline) and a flat support level at the bottom.
2. Breakout Confirmation: Bitcoin has broken above the descending trendline, confirming the breakout. This signals a potential move upward with increased bullish momentum.
3. Volume Check: Strong breakout scenarios often require high trading volume. If this chart reflects increasing volume during the breakout, it further validates the move.
Everyone's eyes are on Bitcoin's recent dip, and I think I know what's behind it the Fed's hawkish stance. But here's the thing: despite this short-term setback, I'm still bullish on Bitcoin's future.
Why? Well, for shrimp wallets, I've noticed some seriously strong accumulation trends. People are buying and holding, which is a great sign. Plus, exchange outflows are on the rise, indicating that investors are moving their coins to more secure, long-term storage solutions.
To me, this all points to a recovery on the horizon. Sure, the Fed's hawkishness might have spooked the market in the short term, but Bitcoin's underlying fundamentals are still rock- solid.
So, if you're feeling nervous about the dip, take a deep breath and stop checking your portfolio every 5 minutes. The big picture looks pretty promising to me!
BTC is retesting below the descending channel, a key point for market direction. A successful retest confirms bearish momentum, while a close back inside hints at a bullish reversal.
Traders should watch price action and volume closely, as the next sessions will shape bitcoin short term trend.
Daily price action seems to have rejected 100k level, as opposed to a strong close above for the bulls to continue. This is a strong indication that the bears are getting into the market. If daily PA closes below daily 50% fib level, then BTC is poised for a deep retracement to 50K.
Please note, this is note financial advise but merely speculation.
Ondo Finance (ONDO) has emerged as a standout project in the crypto market, gaining significant attention for its focus on real-world asset (RWA) tokenization. Specializing in bringing US Treasury Bonds onto the blockchain, ONDO is positioning itself as a leader in bridging traditional finance and decentralized finance. This innovative approach has fueled tremendous growth for ONDO, the project's native token, which has surged over 235% since November 5.
The momentum hasn't slowed as ONDO continues breaking all-time highs, with a remarkable rally since early December captivating investors and analysts alike. Despite this bullish trend, the market is eyeing potential volatility ahead. Recent data from Santiment highlights an increase in ONDO exchange inflows, often an early indicator of significant price movements.
As Ondo Finance captures market interest, its focus on tokenizing US Treasury Bonds aligns with the growing narrative of connecting traditional finance with blockchain technology. This convergence of utility and innovation makes Ondo a compelling project in this market cycle. While the price action remains strong, the rising exchange inflows suggest that ONDO could be gearing up for a pivotal phase. Investors are now closely monitoring the token for signs of its next big move. ONDO Testing Price Discovery
Ondo Finance's native token, ONDO, has been in a strong upward trend, testing price discovery since early December after breaking its previous all-time high (ATH) at $1.48. This rally has propelled ONDO to new heights, with the token recently peaking at $2 just a few hours ago. The consistent upward momentum highlights growing investor interest, but the current price levels signal that volatility could soon make a return.
As long long as 102,378 have not been broken, we are not yet in a further bullish trend, Price is still hovering. But a look at 4H chart reveals bearish opportunity to be exploited as choch is observed at 101,183, Price broke previous low. Slight pullback is ongoing to retest previous Ih area around 101,599/101,955 zones. Wait out this retest and open sell order using Itfs, target next 4H low.
Let's s break it into key aspects based on the provided data and general market trends.
1. Price Movement
Current Price: $715.40
24h Range: $707.50 - $732.11
The price is slightly bearish, sitting closer to the 24h Low than the High.
Current Sentiment
The data indicates short-term consolidation with a slight bearish tilt. Breaking below $707.50 could lead to further declines, while a rally above $732.11 might indicate renewed bullish momentum.
Identify Key Zones
Using the data:
Support Level: $707.50
This is the lowest price in the past 24 hours and could act as a rebound point.
Current Price: 101,500 USDT, reflecting a modest +0.79% increase. This indicates slight upward momentum in the market.
24h High/Low: The price reached a high of 102,650 USDT and a low of 100,647.05 USDT, showing a range of about 2,000 USDT. This suggests moderate volatility within the last 24 hours.
High trading volumes indicate strong market interest and liquidity. This is favorable for traders looking to enter or exit positions without significant slippage.
Support and Resistance Levels:
Resistance: Around the 102,650 USDT mark (24h high). If the price breaks this level, we could see a continuation of the upward trend.
Support: Near 100,647.05 USDT (24h low). A break below this may signal further downside.
Market Depth:
Depth data suggests strong buying and selling activity at key price levels like 101,953.69, 101,560.02, and 101,166.36, which could act as short-term support/resistance zones.
Outlook:
The market appears stable but slightly bullish due to the upward price change. Traders should watch for a break above 102,650 USDT for confirmation of a bullish trend or a drop below 100,647 USDT for bearish momentum.
Recommendation:
1. Day Traders: Focus on short-term support/resistance levels around the 24h high and low.
2. Swing Traders: Monitor the consolidation phase for a potential breakout above 102,650 USDT or breakdown below 100,647 USDT.
3. Long-Term Investors: The current price suggests stability, but it's prudent to watch for macroeconomic factors influencing Bitcoin.
"The crypto revolution continues! đ Global cryptocurrency users have now hit 18 million. đĄ Mass adoption is happening, one wallet at a time. #CryptoAdoption #Blockchain
The journey to 18 million users hasn't been without challenges. Volatility, regulatory uncertainty, and skepticism remain, yet the underlying technology continues to prove its resilience and utility. With advancements like smart contracts, decentralized applications (dApps), and cross-border transactions, crypto is becoming a cornerstone of the digital economy.
As more people embrace crypto, the ecosystem grows stronger, creating opportunities for education, collaboration, and innovation. This is just the beginning â 18 million users today could turn into billions tomorrow.
#MicroStrategyJoinsNasdaq100 " data-hashtag="#MicroStrategyJoinsNasdaq100" class="tag">#MicroStrategyJoinsNasdaq100 MicroStrategy Incorporated (MSTR), known for its software and Bitcoin holdings, joining the Nasdaq-100 Index is a significant milestone. This move reflects the company's growing influence in both technology and cryptocurrency spaces. The inclusion in the Nasdaq-100, which consists of the largest non-financial companies listed on the Nasdaq stock exchange, can enhance investor interest and credibility for MicroStrategy. detailed analysis of MicroStrategyâs inclusion in the Nasdaq-100 Index and its potential impact:
1. Significance of the Nasdaq-100 Inclusion
The Nasdaq-100 comprises the top 100 largest non-financial companies listed on the Nasdaq by market capitalization, featuring giants like Apple, Microsoft, and Tesla.
Inclusion signals that MicroStrategy is now recognized as a top-performing company in its sector, boosting its brand image and attracting institutional investors.
2. Impact on MicroStrategyâs Stock
Increased Demand: Funds that track the Nasdaq-100 (like ETFs) are required to buy shares of MicroStrategy, potentially increasing its stock price due to higher demand.
Liquidity: As a member of the index, the stock may experience greater liquidity, making it more attractive for institutional investors.
Volatility: MicroStrategy's stock could become more volatile due to its Bitcoin holdings. Inclusion in the index might expose Nasdaq-100 ETFs and mutual funds to crypto-related volatility.
3. MicroStrategyâs Crypto Strategy
MicroStrategy is one of the largest corporate holders of Bitcoin, with over 152,000 BTC (as of Q4 2024). Its inclusion in the Nasdaq-100 means Bitcoin exposure for index investors.
Bitcoin-Driven Correlation: The stockâs performance often correlates with Bitcoin's price. If Bitcoin rallies, MicroStrategy could benefit, driving its stock value higher. Conversely, a crypto downturn might impact its performance within the index.
4. Investor Sentiment
Positive Sentiment: Being part of the Nasdaq-100 enhances MicroStrategy's credibility among traditional investors, potentially reducing skepticism about its heavy reliance on Bitcoin.
Crypto Advocacy: The move strengthens the argument for integrating cryptocurrencies into mainstream finance, aligning with the increasing institutional adoption of Bitcoin.
5. Future Growth Opportunities
Enhanced Capital Access: As part of the Nasdaq-100, MicroStrategy could find it easier to raise capital or attract partnerships for software and crypto initiatives.
Sector Leadership: The inclusion could position MicroStrategy as a leader bridging traditional finance, enterprise software, and cryptocurrency.
Risks to Consider
Bitcoin Volatility: Heavy exposure to Bitcoin remains a double-edged sword, amplifying risks during market downturns.
Regulatory Concerns: Increased scrutiny of cryptocurrencies and potential regulatory crackdowns could affect the company's valuation and future prospects.
Conclusion
MicroStrategyâs addition to the Nasdaq-100 is a testament to its strategic vision and market relevance. While it provides new growth opportunities and legitimacy, the company remains uniquely tied to Bitcoinâs fortunes. Investors should weigh both the growth potential and inherent risks in this dual-software-and-crypto business model. Broader Implications for the Cryptocurrency Market
MicroStrategyâs inclusion in the Nasdaq-100 has ripple effects on the cryptocurrency industry, signaling its increasing integration into mainstream finance. Hereâs how:
1. Validation of Bitcoin as an Asset Class
Mainstream Adoption: MicroStrategyâs inclusion legitimizes Bitcoinâs role as an institutional asset. It highlights how companies with substantial Bitcoin holdings can gain recognition in traditional equity markets.
Institutional Confidence: This may encourage more corporations to allocate reserves to Bitcoin, as they observe MicroStrategy successfully bridging traditional finance and crypto.
2. Boost to Bitcoin Prices
MicroStrategyâs success is tied to Bitcoinâs price. With its inclusion, more funds tracking the Nasdaq-100 will have indirect Bitcoin exposure. This could:
Increase Demand: Institutional investors, hesitant to buy Bitcoin directly, may prefer indirect exposure through MicroStrategy, driving both stock and Bitcoin demand.
Enhance Liquidity: A positive stock performance might also stimulate broader interest in Bitcoin.
3. Catalyst for Corporate Bitcoin Adoption
Companies may revisit MicroStrategyâs strategy, evaluating Bitcoin as a treasury asset to hedge against inflation. If this trend gains traction, Bitcoin could see further institutional and corporate adoption.
This move could also encourage publicly traded companies to explore innovative strategies that combine traditional operations with crypto investments.
4. Spotlight on Crypto-Equity Synergies
Integration Opportunities: MicroStrategyâs dual focus on enterprise software and Bitcoin highlights how businesses can diversify revenue streams by integrating blockchain and crypto into traditional industries.
Potential Model: Companies like Tesla (with some Bitcoin holdings) and Coinbase (crypto-focused) might be closely watched for how their stocks fare alongside crypto market trends.
5. Increased Regulatory Scrutiny
As more companies with crypto exposure enter prestigious indices, regulatory bodies may increase oversight to ensure investor protection.
MicroStrategyâs inclusion could push regulators to develop clearer rules around Bitcoin accounting and disclosures for publicly traded companies.
6. Impact on Broader Crypto Market
Altcoins and Blockchain Projects: The success of Bitcoin-focused companies could shift attention (and capital) away from riskier altcoins and towards Bitcoin-dominated projects.
Market Perception: Crypto's image as a "fringe investment" is gradually dissolving. This may lead to wider acceptance of blockchain technologies in areas like finance, supply chain, and gaming.
7. Institutional and Retail Dynamics
ETFs and Funds: More crypto-linked ETFs, such as Bitcoin Spot ETFs, could gain approval, further bridging the gap between traditional finance and crypto markets.
Retail Investors: Retail enthusiasm for MicroStrategyâs stock may grow as a way to gain crypto exposure without directly purchasing digital assets, increasing participation in the crypto economy.
Potential Risks
Bitcoin's Volatility: If Bitcoin prices experience significant drops, they could harm MicroStrategy and dissuade further corporate adoption.
Overreliance on Bitcoin: Investors may criticize companies for tying too much of their value to Bitcoinâs performance, especially during bear markets.
Regulatory Setbacks: Regulatory actions against Bitcoin could dampen investor sentiment for both the crypto market and companies like MicroStrategy. Conclusion
MicroStrategyâs inclusion in the Nasdaq-100 is a turning point for cryptocurrency adoption in traditional finance. While it underscores the growing importance of Bitcoin, it also introduces challenges such as increased scrutiny and potential volatility. Over time, this move may encourage broader institutional involvement, solidifying Bitcoinâs position as a mainstream financial assets. #MicroStrategyJoinsNasdaq100 " data-hashtag="#MicroStrategyJoinsNasdaq100" class="tag">#MicroStrategyJoinsNasdaq100 #CryptoUsersHit18M #BinanceLaunchpoolVANA #Write2Earn!
đ¨ KOLZ #KOLZ chart displays a clear bullish structure, supported by both technical and fundamental factors. The breakout above a previously established resistance zone signals growing market confidence and suggests that bullish momentum is building. The consolidation near the moving edge point indicates healthy accumulation by buyers, with higher lows forming as the price approaches the next resistance. This pattern highlights strength in the trend and a probable continuation toward new highs.
From a technical standpoint, the upward trajectory has been bolstered by the breach of key resistance levels, transforming these into support zones. This price action aligns with a classic bullish reversal pattern. Additionally, the steady rise following the downtrend signals a shift in market sentiment from bearish to bullish. The presence of a defined support level below ensures asafety net for any potential pullbacks, demonstrating robust buyer interest at these levels.
Eth Analysis đđťđ â ď¸ Ethereum is ready to climb to 5K and then above 6K with full strength. Just like in previous bull seasons, after ETH Ethereum's strong moves, the real altcoin rally will begin. The upcoming Santa rally is expected to reward all patient investors holding altcoins.
đ¨ $BTC đĽ â #Big News from #BlackRock: #Bitcoin
Recommendation
What This Means:
⢠$220 Billion Investment: BlackRock's recommendation to allocate 2% into Bitcoin could lead to a huge $220 billion injection-4 times more than what's currently in the Bitcoin Investment Trust (IBIT).
⢠Massive Market Impact: Adding $166 billion at a 118x bull market multiple could boost Bitcoin's market cap by an incredible $19.6 trillion!
⢠Price Potential: This could send Bitcoin's price soaring to about $933,000 per coin!
Bottom Line: BlackRock's official
recommendation is a major sign of confidence in Bitcoin, and it points to a very bullish future. Don't miss what's coming.
Tom Lee's projection of Bitcoin reaching $250,000 by 2025 is a bold yet intriguing prediction, reflective of his optimistic outlook on the cryptocurrency market. Such forecasts often hinge on a mix of factors, including:
1. Institutional Adoption: Increased participation from financial institutions could drive demand.
2. Halving Events: The next Bitcoin halving in 2024 is expected to reduce supply, potentially increasing prices.
3. Macro Environment: Inflation and a shift toward decentralized assets may push Bitcoin higher.
However, predictions like this should be taken with caution. While Bitcoin has demonstrated resilience and growth over the years, market volatility and external factors can significantly impact its trajectory.
XRP Skyrockets 1,209% in 24 Hours in Abnormal Liquidation Imbalanc. đđťđ This week, the cryptocurrency market began with a massive liquidation event, when over $2 billion in the lowest estimated value of long and short, but mostly the former, experienced a forced close. The echoes of that event are still reverberating, with nearly $300 million liquidated in the last 24 hours, but its character is not so one-sided, according toCoinGlass. In the midst of this turbulence, an interesting anomaly has emerged in the trading of XRP, currently the third largest cryptocurrency. For example, in the last four hours, liquidations of perpetual futures onXRP totaled $1.44 billion, but only $111,000 were shorts and $1.33 million longs. This is an abnormal imbalance of 1,209% and speaks volumes about the current sentiment around the popular cryptocurrency. In other words, most traders are bullish on XRP right now, at least in the short term. However, the market is punishing those who have over-leveraged positions or those who opened late, leading to such discrepancies in trading. The late sellers are also there, but in much smaller numbers.
"" The roots of such an abnormal imbalance in XRP trading lie in the price action of the popular cryptocurrency. Looking at theprice chart of XRP, one can understand why there has been a bullish bias toward the token. In the last two days, the price has skyrocketed over 30% and is currently trading at $2.40. "" Considering that theXRP price has gained over 400% in the last few weeks and has been in the spotlight of the entire crypto market, many saw an opportunity to jump on the bandwagon. However, as always, latecomers and those who did not manage the risk properly were shaken off, with only a 2.9% decline during today's trading sessions. #USUALSpotLaunch #MarketMajorComeback #BTCReclaims101K #XRPGoal
#ShareYourThoughtOnBTC đđťđ The current price is $101,041.05, which is +1.04% higher than the previous value, indicating a slight bullish trend.
The 24h high ($101,888) and low ($99,608) show that the price is fluctuating within a relatively narrow range, suggesting stability but with upward momentum. The price hovering close to its 24h high suggests buyers are actively pushing the market upward.
If the price breaks past $101,888 (the 24h high), it could trigger a bullish breakout with stronger upward momentum. Support: $99,608 (24h Low). A break below this may indicate a bearish reversal.
Resistance: $101,888 (24h High). Breaking this may confirm a bullish continuation. Trend: Slightly bullish.
Outlook: Watch for consolidation or potential breakout above $101,888 for confirmation of a stronger upward trend.
If BTC fails to break the resistance and reverses, short-term traders may need to adjust their positions for a potential pullback to $99,608.
$BTC $ETH $XRP Bitwise Predicts Bitcoin Will Top $200K In 2025, Ethereum And Solana To Set New All-Time Highs. Crypto asset manager Bitwise predicts Bitcoin, Ethereum, Solana and many other altcoins will reach new all-time highs (ATHs) in 2025 amid more favorable crypto policy in the US and increased institutional adoption of the digital asset space. In its latest report, the firm said that crypto market leaders BTC and ETH could record new price peaks at above $200K and $7K, respectively. Ethereum-killer and layer-1 project Solana could also see its native SOL token surge to $750, Bitwise said. #USUALSpotLaunch #Write2Earn!