#BTC
• After bounced off from the support zone of 93k-91k BTC faced resistance at local supply zone of 99.2k and retraced to support zone yet again.
• Since it's approaching the strong support zone we are expecting bounce off this zone yet again.
Altcoins can move up and down 10-15%. Just strong hand, dont get shake out and try to buy dip when #BTC at support🔥
#BTC Shortterm Update - Ichimoku Analysis💥
#BTC has held above the $97,300 level for two consecutive days, forming a bullish hammer candlestick.
However, reclaiming Kijun 🔵 and Tenkan 🔴 remains key to confirming bullish momentum in the short term.
A new ATH incoming before January ends, it's possible‼️
#BTC has reached 92k, and BTC.D has almost hit 60%. We hope our timely updates have been helpful to you.
Also now you know why we have been quiet recently and advised to wait for the right time. Still market conditions remain uncertain, and there is no sign of a reversal. It's best to remain cautious and don't try to catch the falling knife.
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BTC.D
• BTC.D retested the 57.7-58.3% zone and rebounded promptly.
• While its advance is gradual and encountering resistance near the 59.7% supply zone, the 60.8-61.8% zone remains the target as long as current support holds.
• We may observe slow movement in alts and a negative impact as BTC.D approaches the 60.8-61.8% zone.
• We anticipate some alts movement once BTC.D retraces from the 60.8-61.8% area or loses support at the 57.7-58.3% zone.
Nobody said it would be easy, but as soon as TOTAL3 breaks through its ATH, I expect similar conditions as in 2021, perhaps even better.
Q1/2025✍️
#BICO moving around $0.29-$0.3 range is a good value buying zone
If it closes above 0.415, it will give a good breakout🚀
Totalmarketcap 2020 vs. Totalmarketcap 2024.
3 Weeks later..Yes, it's tough, but a breakout needs a retest before it can go higher.
BTC.D update
• Unfortunately BTC.D has broken through the resistance zone of 57.7-58.3% and appears to be strengthening for upward movement.
• As previously mentioned, alts would likely be negatively impacted following this breakout, and that is now unfortunately the case.
• Should this momentum persist, we may see BTC.D reach the 60.8-61.8% zone, potentially leading to further challenges for alts.
Incase of changes in situation we will try to keep updating accordingly !!!
$310,000,000 liquidated from the cryptocurrency market within an hour and $673M liquidated in the past 24 hour !!!
Over $1.50 trillion was wiped out from the US stock market today !!!
BTC.D
• Nothing much changes on BTC.D movement, currently remaining within the 57.7-58.3% resistance zone.
• Rejection from this zone is anticipated, leading to a retracement toward the 55.4-54.7% zone, potentially boosting alts momentum.
• However, a breakout above the resistance could push it to the 60% to 61% range, potentially negatively impacting alts.
We will try to keep updating accordingly !!!