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Saksham147
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Bullish
#BTC #StrategyBTCPurchase #TrumpBitcoinEmpire #USGovShutdownEnd? Bitcoin's current price is $104,764.72, with a 1.70% increase. The market cap stands at $2.12 trillion. Here's a brief analysis:
- *Support and Resistance*: Bitcoin is facing resistance at $106,000 and support at $100,000-$101,000. - *Trend*: The recent head-and-shoulders breakdown and approaching death cross signal a short-term bearish bias. - *Prediction*: Analysts warn of a potential decline to $92,000-$94,000 or even $74,000-$77,000 if support fails.¹ ²
![Bitcoin Price Chart]
Would you like more information on Bitcoin's price movement or technical analysis?$BTC {spot}(BTCUSDT) {spot}(BNBUSDT)
- *Support and Resistance*: Bitcoin is facing resistance at $106,000 and support at $100,000-$101,000. - *Trend*: The recent head-and-shoulders breakdown and approaching death cross signal a short-term bearish bias. - *Prediction*: Analysts warn of a potential decline to $92,000-$94,000 or even $74,000-$77,000 if support fails.¹ ²
![Bitcoin Price Chart]
Would you like more information on Bitcoin's price movement or technical analysis?$BTC
$BTC $ETH #MarketRebound #BinanceAlphaAlert The current market rebound is showing promising signs, with key indices like the S&P 500 and Nasdaq climbing higher. The S&P 500 has risen 0.12% to 6,013.80, while the Nasdaq has gained 0.14% to 21,830.80. Small and mid-cap stocks are leading the charge, gaining 8% and 5.7% respectively since November 21, 2024. This rebound is driven by ongoing foreign selloffs in large-cap stocks and retail investors focusing on smaller caps. The "Magnificent Seven" tech stocks have also fueled the market's recovery, with stocks like Microsoft, Nvidia, and Apple climbing nearly 20% since April 8.¹ ² ³
Binance Alpha Alert is a feature that provides traders with real-time market analysis and trading signals. It aims to help users make informed investment decisions by highlighting potential trading opportunities. The alert system utilizes advanced algorithms and market data to identify trends and patterns. Traders can use these alerts to stay ahead of market movements and adjust their strategies accordingly. By leveraging Binance Alpha Alert, users can potentially enhance their trading performance and capitalize on emerging market opportunities. Stay tuned for updates and insights from this valuable resource. Monitor market trends and make data-driven decisions.
#MarketPullback #MyCOSTrade #TrumpVsMusk $BTC $ETH $XRP A market pullback refers to a decline in the price of a security or index from its recent peak. This can occur due to various factors, such as profit-taking, economic concerns, or market volatility. During a pullback, investors may reassess their positions, and some may choose to buy or sell based on their strategies. Pullbacks can be a normal part of market fluctuations, offering potential buying opportunities for investors. However, it's crucial to monitor market trends and fundamentals to determine whether the pullback is a temporary correction or the start of a longer-term downturn.
#MarketPullback #MyCOSTrade #TrumpVsMusk $BTC $ETH $XRP A market pullback refers to a decline in the price of a security or index from its recent peak. This can occur due to various factors, such as profit-taking, economic concerns, or market volatility. During a pullback, investors may reassess their positions, and some may choose to buy or sell based on their strategies. Pullbacks can be a normal part of market fluctuations, offering potential buying opportunities for investors. However, it's crucial to monitor market trends and fundamentals to determine whether the pullback is a temporary correction or the start of a longer-term downturn.
#CUDISBinanceTGE refers to the listing of CUDIS token on Binance, a popular cryptocurrency exchange, through a Token Generation Event (TGE). CUDIS is a cryptocurrency project focused on the luxury goods market, utilizing blockchain technology to verify authenticity and ownership. The TGE on Binance allows users to purchase CUDIS tokens, potentially increasing liquidity and adoption. This listing can benefit both the project and traders, offering new investment opportunities and exposure to the CUDIS ecosystem. As with any cryptocurrency investment, it's essential to conduct thorough research and consider the risks before participating. {spot}(XRPUSDT)
#CUDISBinanceTGE refers to the listing of CUDIS token on Binance, a popular cryptocurrency exchange, through a Token Generation Event (TGE). CUDIS is a cryptocurrency project focused on the luxury goods market, utilizing blockchain technology to verify authenticity and ownership. The TGE on Binance allows users to purchase CUDIS tokens, potentially increasing liquidity and adoption. This listing can benefit both the project and traders, offering new investment opportunities and exposure to the CUDIS ecosystem. As with any cryptocurrency investment, it's essential to conduct thorough research and consider the risks before participating.
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Big news! $BTC spot ETFs have been frequently outflowing during the New Year in the United States, but the price has soared all the way, approaching the 100,000 mark!
Is this a good start for the Year of the Ox, or is it going to collapse at the opening?
The latest data tells you that BlackRock has recently sold a large number of BTC spot ETFs, with a total of 3567.33 pieces, and it has been selling for 4 consecutive days!
However, $ETH is quite stable. It bought a lot the day before yesterday, and yesterday it had a net inflow of 15,700 pieces, which is really unpredictable.
Speaking of the point, the US stock market will open after Christmas, and whether the BTC price can be stabilized is really a question mark.
After all, the United States is now in a carnival, but the ETF is net outflowing. Can this market hold up?
Let's talk about the market. I was bullish when it was 94,000 yesterday, but it was only a few hundred dollars short of 100,000.
However, this rebound was really fierce. In the absence of good news, it actually rose by 7,000 dollars!
Altcoins also recovered, especially those related to Grayscale and the Trump family, which rose a lot.
There are two reasons for this rebound. One is that the daily line returned to the zero axis from a technical perspective, and the other is that everyone was waiting for 90,000 to receive the chips, but it turned out to be not so easy to receive.
So I suggest entering the market with a 30% bottom position and holding it well. At the same time, I also said that there will be another downward exploration, because the signal column of the MACD3 daily line cannot be only one.
Today, the second red column has been walked out, and there may be a shock callback in 6-12 hours.
Then the mainstream currency fell, is the altcoin finished again?
I don’t think so. The total market value of altcoins is still spiraling upward. This time it fell sharply, but the market value is still much stronger than in November.
So the market next month will definitely not be bad, don’t worry.
In terms of operation, for spot entry, the contract can be short-term high today and tomorrow. If the spot is not finished, continue to hold it well. If it is finished, take profit and sell high and buy low.
On the ETH side, the drop from 4100 is too sharp, and it will take time to repair. If you hold the spot at 3200, you can go short at 3550-3650.
As I said before, it is safest to use spot as a base position. Buy in batches when it falls, and go short when it rises, and make money steadily!
For the next layout direction, I will lead everyone to aim at the profit opportunities of the copycat. There is no problem with the expected space of more than 10 times. Like + leave a message, and I will lead you to layout the entire bull market together!