Crypto | ChartMonkey🐵

28 January 2025 12:41

#BTC/USDT ANALYSIS

Bitcoin is rebounding from the support trendline of its descending channel, with the 200MA providing strong support and indicating bullish momentum.

However, the Ichimoku Cloud serves as a resistance barrier above the price action.

A decisive breakout from the descending channel and the Ichimoku Cloud would confirm a bullish rally in the market.

Crypto | ChartMonkey🐵

27 January 2025 22:03

⚡️ NOW: Vitalik Buterin published an article addressing #Ethereum’s scaling challenges, citing BLOB limitations and L2 incompatibility.

He proposed increasing throughput to 100,000 TPS, standardizing L2 protocols, and improving rollup security, urging collective efforts from developers and the community.

Crypto | ChartMonkey🐵

27 January 2025 20:29

#BTC DOMINANCE ANALYSIS

BTC Dominance is rebounding from the support trendline of an ascending triangle pattern and is currently trading within the horizontal supply zone.

The Ichimoku Cloud is providing support and indicating bullish momentum. A candle close above the pattern could signal further upward movement. However, a rejection at this level may lead to a price decline. Keep a close watch on the price action.

It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap, meaning a breakdown could indicate potential bullish momentum for altcoins.

Crypto | ChartMonkey🐵

27 January 2025 18:05

🇺🇸 LATEST: The SEC crypto-related enforcement actions dropped by 30% in the last year under former Chair Gary Gensler, according to Cornerstone Research.

Crypto | ChartMonkey🐵

27 January 2025 17:08

TAO is consolidating within a falling wedge pattern and is currently rebounding from its support trendline. The 21MA is serving as a resistance barrier above the price action.

A breakout above both the 21MA and the wedge pattern could signal the start of a bullish rally.

Conversely, a breakdown below the support trendline would invalidate the pattern and potentially lead to further downside.

Crypto | ChartMonkey🐵

27 January 2025 12:42

🔥 BULLISH: Semler Scientific to raise $75 million to acquire more Bitcoin

Crypto | ChartMonkey🐵

26 January 2025 20:40

JUST IN: Elon Musk is exploring blockchain use in US government efficiency push, Bloomberg reports.

Crypto | ChartMonkey🐵

25 January 2025 18:10

🇺🇸 NOW: Senator Cynthia Lummis is now chair of the Senate’s Digital Assets Subcommittee.

She’s pushing the BITCOIN Act, aiming to create a U.S. Bitcoin reserve of 1M BTC in five years.

Crypto | ChartMonkey🐵

25 January 2025 14:41

#US DOLLAR ANALYSIS

The US dollar has broken down from the rising wedge pattern with significant volume, falling below the 21MA, which now serves as a resistance barrier above the price action. This breakdown suggests the potential for further downward movement.

Given the dollar's inverse correlation with the cryptocurrency market, any decisive movement in its price could have a substantial impact on broader market trends.

Crypto | ChartMonkey🐵

25 January 2025 01:53

#BTCUSD | #BTC | #Bitcoin
Current Price $105672.00
Market Cap $2093.44B
Change 1h -0.45% | 24h +0.60%

Monthly Indicators:
•  RSI: 42 - Neutral 🟠
•  MACD: -70 - Bearish 🔴
•  EMA: 105766 - Trading Below 🔴

Analysis: 
The Bitcoin chart showcases a history of exponential growth, hitting significant milestones like $10,000 and $100,000 over multiple cycles. Each x100 increase took a progressively shorter cycle, suggesting a robust upward momentum. With its past performance, Bitcoin displays strong growth potential aiming for a monumental $1 million mark by 2041.

Price Targets: 
Current trends suggest Bitcoin could aim for around $350,000 within the next major cycle. Subsequent cycles might push it to $500,000, and eventually reaching the ambitious target of $1 million by 2041. These targets highlight Bitcoin's potential as a powerful long-term investment.

Crypto | ChartMonkey🐵

24 January 2025 20:05

🚨 JUST IN: Taiwan plans to propose a draft law on virtual asset service providers in June 2025 to authorize banks to issue stablecoins.

Crypto | ChartMonkey🐵

24 January 2025 18:44

🚨 JUST IN: Trump-backed World Liberty Financial just bought another 94.94 $WBTC worth $9.84M.

It currently holds 551.7 $WBTC worth $57M.

Crypto | ChartMonkey🐵

24 January 2025 18:18

Binance Will Support the Litentry (LIT) Token Swap and Rebranding to Heima (HEI)
https://www.binance.com/en/support/announcement/2a9feaa556f74dcdaa2192366f0e247c

Crypto | ChartMonkey🐵

24 January 2025 16:40

#ETHUSD | #ETH | #Ethereum
Current Price $3202.60
Market Cap $386.41B
Change 1h -0.53% | 24h -2.84%

Daily Indicators:
•  RSI: 43 - Neutral 🟠
•  MACD: -56 - Bearish 🔴
•  EMA: 3361 - Trading Below 🔴

Analysis: Ethereum is showing a classic head and shoulders pattern within an upward channel. It's been stuck in a tight range between its moving averages, but consolidation suggests a potential breakout soon. The RSI is providing additional bullish signals.

Price Targets: If ETH breaks upward, look for a target around $4,250 initially, with a more ambitious goal of $7,400 on a strong breakout. Watch those levels, and keep an eye on volume for confirmation!

Crypto | ChartMonkey🐵

24 January 2025 00:53

Bitcoin followed it bullish momentum and pushed towards the $105,000 mark and nearly got in to $106,000. Daily candle close very bullish and healthy and now we're retracing and expected to rejected the $102,000 or slightly below around $100,000 before moving any up.

Crypto | ChartMonkey🐵

28 January 2025 03:04

MicroStrategy submitted Form S-3 to the U.S. SEC on January 27, 2025. MicroStrategy plans to raise funds by issuing debt securities, Class A common stock, preferred stock, depositary receipts, warrants and hybrid securities units to further expand its Bitcoin holdings.

Crypto | ChartMonkey🐵

27 January 2025 21:46

🔥 BULLISH: Polymarket users predict a 89% that a Solana ETF is approved this year.

Crypto | ChartMonkey🐵

27 January 2025 20:05

#BTC/USDT ANALYSIS

Bitcoin is encountering rejection at the resistance trendline of its descending triangle pattern and is currently trading within the horizontal demand zone of the triangle.

A bounce from this level is possible. However, the Ichimoku Cloud and the 200MA are acting as strong resistance barriers.

A breakdown below the pattern's support could lead to further market correction.

Crypto | ChartMonkey🐵

27 January 2025 17:39

#S&P 500 ANALYSIS

The S&P 500 is gaining momentum from its support trendline and is currently trading within the horizontal supply zone. The Ichimoku Cloud is acting as support, indicating bullish strength. A decisive breakout above the supply zone could trigger a strong bullish rally.

Notably, the S&P 500's price action often correlates with cryptocurrency market trends, making its movements a key indicator of broader market sentiment.

Crypto | ChartMonkey🐵

27 January 2025 16:23

#USDT DOMINANCE ANALYSIS

USDT Dominance is trading within a descending triangle pattern near the horizontal demand zone.

A bounce from this level is possible, while a breakdown could trigger further downward movement.

The Ichimoku Cloud and the 200MA are serving as resistance barriers, indicating sustained bearish momentum.

Given its inverse correlation with the broader cryptocurrency market, a breakdown in USDT Dominance could indicate bullish momentum across cryptocurrencies.

Crypto | ChartMonkey🐵

27 January 2025 04:54

🇺🇸 Trump: “When energy prices drop, inflation will fall, and interest rates will come down automatically. I’d demand strong action from the Fed to lower rates at the right time.”

Crypto | ChartMonkey🐵

25 January 2025 19:12

🇺🇸 JUST IN: President Donald Trump at Davos said he will make the United States the “World Capital of Artificial Intelligence and Crypto.”

Crypto | ChartMonkey🐵

25 January 2025 15:17

Kraken sent $111,111 worth of $BTC to Ross Ulbricht as a donation to help the Silk Road founder land on his feet.

Crypto | ChartMonkey🐵

25 January 2025 04:47

🇺🇸 NEW: North Dakota lawmakers have introduced a bill on limiting crypto ATM transactions in order to protect its residents from scams.

Crypto | ChartMonkey🐵

24 January 2025 21:21

#BTCUSD | #BTC | #Bitcoin
Current Price $105672.00
Market Cap $2093.44B
Change 1h -0.45% | 24h +0.60%

Monthly Indicators:
• RSI: 42 - Neutral 🟠
• MACD: -70 - Bearish 🔴
• EMA: 105766 - Trading Below 🔴

Analysis:
The Bitcoin chart showcases a history of exponential growth, hitting significant milestones like $10,000 and $100,000 over multiple cycles. Each x100 increase took a progressively shorter cycle, suggesting a robust upward momentum. With its past performance, Bitcoin displays strong growth potential aiming for a monumental $1 million mark by 2041.

Price Targets:
Current trends suggest Bitcoin could aim for around $350,000 within the next major cycle. Subsequent cycles might push it to $500,000, and eventually reaching the ambitious target of $1 million by 2041. These targets highlight Bitcoin's potential as a powerful long-term investment.

Crypto | ChartMonkey🐵

24 January 2025 19:31

TRUMP BACKED WORLD LIBERTY FINANCIAL PRESALE SELLS OUT

Crypto | ChartMonkey🐵

24 January 2025 18:29

According to JPMorgan analysts, bitcoin's dominance over Ethereum and altcoins is expected to persist in 2025, driven by key factors:

🟠Bitcoin's role in the "debasement trade" attracts strong ETF inflows, outpacing altcoin ETFs
🟠MicroStrategy’s ongoing $42bn Bitcoin acquisition supports sustained demand
🟠U.S. states and central banks are likely to prioritize Bitcoin for reserves
🟠Advances in Bitcoin's Layer 2 networks challenge Ethereum’s dominance in smart contracts
🟠Institutions favor private blockchains over public ones like Ethereum for privacy and customization
🟠Emerging projects prioritize infrastructure over tokens, with platforms like Base gaining traction
🟠Many decentralized projects face declines in adoption and token value after initial success
🟠Regulatory uncertainty in the U.S. may prolong market consolidation, leaving sentiment tied to tech equities

Crypto | ChartMonkey🐵

24 January 2025 17:32

Current Price $3192.25
Market Cap $384.59B
Change 1h -0.59% | 24h -3.21%

4-Hourly Indicators:
• RSI: 40 - Neutral 🟠
• MACD: -23 - Bearish 🔴
• EMA: 3288 - Trading Below 🔴

Analysis: Price action suggests consolidation around the mid-levels of recent structures. RSI is hovering near neutral, eyeing a potential bounce. Watch for reactions at the trendline support with buyers testing strength at key support levels around $3,195.

Price Targets: A bullish breakout above $3,230 could aim for the $3,700 zone. On the downside, keep an eye on support near $3,050. Focus on resilience at these pivot points for trade setups!

Crypto | ChartMonkey🐵

24 January 2025 13:40

Current Price $3202.60
Market Cap $386.41B
Change 1h -0.53% | 24h -2.84%

Daily Indicators:
•  RSI: 43 - Neutral 🟠
•  MACD: -56 - Bearish 🔴
•  EMA: 3361 - Trading Below 🔴

Analysis: Ethereum is showing a classic head and shoulders pattern within an upward channel. It's been stuck in a tight range between its moving averages, but consolidation suggests a potential breakout soon. The RSI is providing additional bullish signals.

Price Targets: If ETH breaks upward, look for a target around $4,250 initially, with a more ambitious goal of $7,400 on a strong breakout. Watch those levels, and keep an eye on volume for confirmation!

Crypto | ChartMonkey🐵

23 January 2025 23:21

JUST IN: 🇺🇸🇸🇻 President Trump to hold call today with El Salvador's pro-Bitcoin President Nayib Bukele.