🚨 Bitcoin Market Outlook: Strong Support & Massive Potential 🚨 $BTC BTC is showing strong resilience and won't dip below $52,700 during the 2024-2025 cycle. Why? Because the MA (50) support level is at $52,771 and it's steadily rising every week, giving BTC a firm foundation. 💪
Currently, Bitcoin has a crucial support at $57,499. If it breaks through $57,471, we could see BTC touching the MA (50) once again before bouncing back. 📉 But here’s the exciting part—after this potential dip, Bitcoin is poised for a 3-month rally leading into the 2024 Halving and ETF approval season. 🚀
With this bullish momentum, BTC is projected to soar between $94,000 and $120,000. This could be a massive opportunity for those ready to ride the wave! 🌊📈( LONG TERM ONLY)
As always, make sure to manage your risk and stay updated with key levels. The next few months could be game-changing for Bitcoin.
🚨 $RARE Token Alert: High Risk of Liquidation & Negative Funding Fee 🚨
**Token Analysis:**
- **Current Market Situation**: Rare token is experiencing a significant negative funding fee, indicating that there are a large number of short traders heavily invested in this position. This has caused the token to liquidate multiple short positions.
- Whale Alert**: Despite the ongoing liquidations, there's a high chance that a whale could enter the market and cause a significant price pump. This could happen suddenly, especially since major liquidations have not yet fully occurred.
- **Risk Advisory**: For traders considering entering this market, caution is advised. The high negative funding fee means that any trader who gets stuck in this position will face not only potential liquidations but also continuous cuts from the funding fees. It’s better to exercise control and avoid rash decisions, especially when there are other opportunities available.
- **Strategic Recommendation**: Stick to your risk management strategies and avoid getting caught up in the volatility without a clear reason or plan. This token’s current state is highly unstable, and only those who are prepared for significant risk should consider trading it.
From despair to recovery? $BTC An analyst draws parallels between today’s BTC price and the ~$16,000 zone at the end of 2022. Back then, December weakness marked the bottom before a January rebound.
If the same pattern repeats, the market could turn bullish again shortly after January 7. $ETH $SOL
🇫🇷 France Is Talking About Buying 2% of All Bitcoin 😳
Here's what's actually happening... A French lawmaker just dropped a wild proposal in Parliament. He wants France to stack 420,000 BTC over the next 7-8 years. That's 2% of Bitcoin's entire supply.
The plan? Use nuclear power for mining, keep seized crypto, and even let citizens pay taxes in Bitcoin.
Why it matters: If this passes, France becomes the first major European country with a national Bitcoin reserve. They're calling it "digital gold" for financial independence.
The party behind this holds only 16 out of 577 parliament seats. So passing this thing won't be easy.
But here's the bigger picture, Countries are now seriously talking about Bitcoin as a strategic reserve asset. First the US discussions, now France.
A $50 million mistake $BTC A crypto user attempted to transfer funds between personal wallets and copied the address from transaction history. After a $50 test transfer, a scammer launched an address poisoning attack by creating a wallet with matching first and last four characters.
The victim copied the wrong address and sent $50 million to the attacker. #BTC
$DOT showing signs of recovery pressure near compressed structure. If momentum continues to build from this area, a push toward the nearby horizontal cap could develop.
#Polkadot Technical View: • Pattern: Descending wedge transitioning into a compression zone • Key Level: Reclaim zone near the flat resistance above current range
Large Bitcoin holders continue to accumulate aggressively. Even during the recent $BTC shakeout, they significantly expanded their positions. A major move may be approaching $ZEC ZEC may move further upside
THIS maintains your privacy $DOT like $XMR empowers users with freedom, privacy and control.
Privacy is a fundamental right and by building and constructing as they have, Polkadot have a huge focus and inherent ability to protect your onchain activity. As no central authority can censor or surveil what you do, this also works to show how a future society can continue to uphold individual rights.
#Cardano ecosystem milestone! "New $ADA from the Midnight launch has surged into the top 10 by trading volume, smashing $1B+ in 24h and Charles Hoskinson is calling it an "incredible success.
This highlights growing liquidity & real engagement in the #ADA universe.
Technical indicators have been mixed with Some reflecting bullish and some bearish and neutral sentiment. However, the retail signal is bullish. Institutional buying is on the rise
#LUNA $LUNA Still expecting bullish after a little pull-back 🔥