Expecting to see another dip in USDT. There's strong support in 1445 KRW. Enter long at this support and expect around 3% of profit.
https://www.tradingview.com/x/qOK7t8WS/ Downward trend since late October with 3 (almost 4) touch points. A break could have a close enough upward support to justify a low risk long entry. Lots of upward room before reaching a level of support and resistance. Would need an additional touch point or more time to justify a short entry on a downward break.
Pretty sure 80% of people are about to lose most of their money soon. There’s way too much ‘dumb money’ being thrown into the markets right now. Panic will set in, especially for those who struggle to control their emotions while trading. Trading isn’t just about ‘buy low, sell high.’ Markets have their own rhythm each cycle, and that rhythm is always unique and different. Even if you look at previous bull market tops, each one was formed differently. If you’ve been following us and sense that we know what we’re talking about, listen carefully: ◼️ Stay away from the markets when conditions are unclear. ◼️ Not every day is a trading day. ◼️ High leverage will destroy you. ◼️ And remember, unrealized P&L is not profit—sometimes you just have to take those profits! Swallow Team
It looks like we may be forming a top on the US10YR. I assume there will be some volatility in the first few months with the new Trump administration. Trump went on record saying that rates are currently too high. His last term in 2017, it took rates about 5-6 months to come down. Will this time be faster?
Based on the current market conditions and predictions for Bitcoin (BTC), it’s crucial to evaluate your investment goals and risk tolerance before making a decision to sell. 1. Current Price Analysis: If Bitcoin's current price is above $105K, selling at this level could lock in significant profits, especially if you believe the market is headed for a correction toward $85K. 2. Support and Resistance Levels: Analysts often use support and resistance levels to predict price movements. A pullback to $85K may align with a major support level, where buyers could step in. 3. Market Sentiment: Factors such as macroeconomic conditions, U.S. Treasury yields, and regulatory developments can influence Bitcoin's price direction. If market sentiment is bearish, a drop to $85K could be plausible. 4. Next Target: Bearish Case: If the price retraces, $85K could serve as the next support zone. Bullish Case: If the upward trend resumes, Bitcoin could target higher levels, possibly approaching $108K or beyond. Recommendation: Short-Term Traders: Consider selling now if your analysis or risk management strategy supports it, especially if you anticipate a drop. Long-Term Holders: If you believe in Bitcoin's long-term potential, holding through volatility may be a better strategy. Always diversify your investments and consult a financial advisor if unsure.
A technical analysis for a long trade on this coin shows a favorable upward trend with key indicators such as moving averages, RSI, and support levels suggesting bullish momentum. The price has recently bounced off strong support and is approaching resistance, indicating a potential continuation of the upward movement. Traders should watch for confirmation signals, such as a breakout above resistance or a continuation pattern, to enter a long position with favorable risk-to-reward ratios.
We will, we will, we will have a pull back, its not a question of if, its a question of when. Fed "plans" or lowering interests rates, a supposed "leak" from trump administration endorsing XRP. This is all speculative. The market is focusing on the promise and ignoring the truth. All the while the SEC case continues with Ripple. We are bullish but it will be very volatile on the way up.
Bitcoin ( CRYPTOCAP:BTC ) has achieved a significant milestone, breaking through the psychological resistance level of $100,000 and trading as high as $104,000. This 4.27% surge has positioned BTC as the focal point of global financial discussions. However, with the Relative Strength Index (RSI) indicating overbought conditions, traders are left questioning whether the rally can sustain its momentum or if a correction is imminent. Technical Analysis: BTC’s move above the $100,000 resistance level highlights its bullish momentum. However, traders should remain cautious, as overbought signals from the RSI suggest the possibility of a near-term correction. Immediate support lies at the 38.2% Fibonacci retracement level, a critical technical zone that could act as a buffer against potential selling pressure. Should CRYPTOCAP:BTC break below this support, the price may dip toward the one-month low of $90,000. Such a move could trigger a massive sell-off, further intensifying bearish sentiment. Conversely, maintaining the current momentum above $100,000 could pave the way for BTC to explore new all-time highs, fueled by increased institutional and retail interest. Miners Bolster BTC Reserves Recent data underscores the pivotal role of U.S.-based cryptocurrency miners in Bitcoin’s growth trajectory. As of December 2024, miners have doubled their BTC reserves to nearly 100,000 coins, raising over $3.7 billion since November to bolster their holdings. Top players such as Marathon Digital Holdings (40,435 BTC), Riot Platforms (16,728 BTC), and CleanSpark (10,097 BTC) lead the charge. Their "HODL" strategy—holding rather than selling mined Bitcoin—has not only strengthened their balance sheets but also amplified investor confidence. This is reflected in rising stock valuations for these firms, showcasing the synergy between strategic asset accumulation and market sentiment. Key Drivers Behind Miner Resilience 1. Market Conditions: Lower Bitcoin prices in early 2024 allowed miners to acquire BTC at discounted rates. 2. Technological Advancements: The adoption of efficient mining equipment and energy optimization strategies enabled miners to enhance profitability. 3. Price Recovery: The late 2024 Bitcoin rally increased the value of miners’ reserves, positioning them advantageously in the current market landscape. Challenges on the Horizon Despite their impressive growth, U.S.-based miners face mounting challenges. Rising global hash rates, driven by increased competition from international miners, are squeezing profit margins. Furthermore, the upcoming Bitcoin halving in April 2024—which will reduce mining rewards by 50%—poses an additional hurdle. Miners will need to innovate, optimize operations, and explore diversified revenue streams to remain competitive. Market Sentiment and Macroeconomic Factors Bitcoin’s latest surge also aligns with macroeconomic developments. The cryptocurrency has gained 7.85% in the past week, fueled by speculation around the upcoming inauguration of Donald Trump on January 20. Market participants anticipate favorable regulatory policies under the new administration, further boosting confidence in digital assets. Outlook At a market cap exceeding $2 trillion, Bitcoin’s ascent to $104,000 signifies both the resilience of the crypto market and the strategic maneuvers of key industry players. However, the overbought RSI, coupled with potential resistance at higher levels, necessitates vigilance among traders and investors. While the long-term outlook for Bitcoin remains bullish, near-term corrections could provide strategic entry points for those seeking to capitalize on its upward trajectory. As miners continue to accumulate reserves and innovate, their role in shaping Bitcoin’s future will be pivotal in navigating the challenges of an evolving crypto ecosystem.
? FinCaesar's Strategy: ? Long: Above $105,000, targeting $110,000 and $115,000. Bullish MACD and support from the 200-day EMA favor an upside continuation. ? Short: Below $100,000 for $95,000 and $90,000. A failure to hold this psychological level could invite renewed selling pressure. ? FinCaesar's Commands: ? Resistance: $105,000–$106,000 ? Support: $100,000 Bitcoin appears to be in a tentative bullish phase, trading above its 200-day EMA (around $79,500) and showing signs of recovering from recent lows. The MACD histogram has shifted from negative to positive territory, suggesting potential upward momentum. However, caution is advised until price firmly clears the $105,000–$106,000 resistance zone. A drop below $100,000 would undermine the bullish case and could lead to a pullback toward $95,000 or lower. ? "Patience and precision separate mere traders from true conquerors." — FinCaesar
Follow the cookie crumbs to see the XRP land perfectly as described below- This may take the entire weekend. But BYE BYE!