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10 Minutes till the 20 Day EMA closure!!
Will
BTC
go to 70K or will it retest 57.5k?
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$BTC It has been countless times that we have bounced off the 92k level. The selling pressure is insane, when a sight of hope is seen. The sellers take over again, but so far have never been able to get BTC below 90k This strong support level for BTC is very likely to trigger money flow into Alts. My thoughts are that itโs time for Altcoins to retest their ATH
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The start of 2025 has showed us a few hits. some might have lost hope, and the fear and greed index is lagging behind. โผ๏ธHOWEVERโผ๏ธ Bitcoinโs been seriously flexing its muscles, bouncing off that $92k support like a champ for the 4th time now! This solid performance gives hope for a potential altcoin season. The next key levels for $BTC lie at 96k and 99k. A continuous movement upwards towards these levels and crossing them could signal the beginning of Alt coin season. We might have reached the bottom today if that was to happen Why the Hype? โข Bitcoin Stability: When BTC holds strong, investors often look to altcoins for those juicy gains. โข Market Sentiment: Positive vibes can lead to increased interest and investment in altcoins, specifically after A $BTC halving and with the upcoming inauguration on Jan 20, Critical Levels to Watch for Bitcoin: โข Support: Keep an eye on that $92k level. If BTC dips below, it could shake the market. โข Resistance: Breaking past $100k could open the floodgates for a major bull run. The upcoming week could be crazy volatile reaching Jan 20. If you have a long position, dont TP all at once. I would suggest taking a partial profit, and set a lower volume short position for a possible retracement. Both positions should be managed with strict SL to avoid sudden liquidation due to volume spikes. #Write2Earn #AltcoinSeason2025 #NFPCryptoImpact Now that $BTC us at 94k, Whatโs coming next during the weekend?
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Talkin about High risk high profit! ๐๐ Last major gain I had was in November when trump won presidentcy, now alt coins are pumping again โ One thing I learned from the last trade is to take profits. I turned a mere 50$ into 12,000$ in 4 days at that time (splitting my assets on multiple platforms as well to minimize manipulation or Fomo trading). But then, when I was expecting a bigger pump, i added to my positions.. and the crash started. I only took profit of 1k and lost the remaining 11k during the crash. This time is different. I am adapting a new strategy, hoping it works. 1- no removing margin from an isolated position to buy more 2- looking for trend shifts, if an asset fails to continue bullish momentum, i will take 10% profit and open a short position potentially preventing any losses (hedge mode) 3- Of these 15% profits, i will be shorting with 5% and the other 10% will be cashed out or spent on spot trading on cheap assets. Lessons learned, hoping this new strategy makes better gains. So far up to 330$ from 25$. Letโs keep this momentum going ๐ฅ Bear in mind, i do not advise high leverage trading as it carries a lot of risk. I have been monitoring the market very closely to catch the appropriate entry points. Best of luck ๐ช๐ช #Binance250Million #AltSeasonOnTheWay #USStateBuysBTC
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๐ Welcome to 2025: A New Chapter Begins! ๐๐ 2024 is officially in the rearview mirror, and what a wild ride it was! But now, 2025 is here, bringing new energy, new opportunities, and a fresh start for the crypto world. With Donald Trump back in the White House, the financial markets are buzzing with anticipation. Love him or hate him, his policies have historically pushed for economic growth and market optimism. Could this mean the next bull run is just around the corner? Letโs not forget: ๐ก Bitcoin is holding strong and showing resilience. ๐ก The global adoption of crypto continues to rise. ๐ก Institutional interest is at an all-time high. This year could be the one where crypto breaks barriers and sets new all-time highs. Are you ready to seize the opportunities ahead? ๐ Stay sharp, stay informed, and letโs make 2025 the year of the bull! Comment below: Do you think a bull run is coming soon? Share your predictions! ๐ #BullRunIncoming #BinanceSquare #BTC94KShowdown
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Merry Christmas Everyone! ๐๐ In the light of this festive evening, BTC silently made its way from 92k to 99k while most Alts made a lot of upward moves as well. As of now, BTC is trading at 98k showing bullish momentum. Looking at the 4 hour chart, it seems that 92k proved to be a very strong support zone, given that it bounced up from that level for the 3rd time in the past month. We are now moving into the last week of the year which is very crucial: 1- At the end of the week, we mark the closure of the daily, weekly, monthly, and yearly candles. ๐ This is important as it will shape out how BTCโs price will trend throughout 2025. 2- We move into the month in which Trump officially claims his position as President. ๐ From this point on, given the strong bullish sentiment in the market, we can expect 2 progressions of BTCโs price (Personal analysis, DYOR): 1- A rapid retest to break 110k with failure could occuro in the coming few hours, after which, a correction to 104.5k could happen with a bounce + gradual build up to break 110k+ starting 2025. 2- Decreased Bitcoin trading volume with an upwards trend from 98k to 110k by end of the week + shifting attention to ALTs. This could mark the official start of the Alt season in which we can see many coins break their ATH. โ ๏ธ Alts are very risky at this point if Scenario 1 occurs as the prices could fluctuate significantly in both directions. โA further decline in price to reach 89k is still a possibility, but given set multiple bullish conditions, i highly doubt it. (In this case watch for a weak upwards trend from 98k to 100-104k followed by a sharp drop to 89k. From there if bullish sentiment is still there, could go over 110k rapidly) althought i highly doubt it. โ๏ธMake sure you set ur TP/SL (I mean it) cuz in this scenario, you donโt know what coin can break itโs ATH then drop back to a price lower than your entry level. Trade cautiously either ways, and AVOID BEING GREEDY! Best of luck and Happy Holidays โค๏ธโ๏ธ #MarketRebound $BTC
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