Analysis $BTC 02/24/2025
#BTC, MORE OF THE SAME... new HACK now of USDC and Saylor's purchases again forming a top, nothing NEW so far.
Obviously the whole thing is tiring since we were having some recovery, and today the bad news was more publicized than the good (as always).
We are seeing several large Companies and Asset Managers wanting to enter the Crypto Market, coincidentally the prices are always very low at these times, but usually the small investor (the majority) does not buy or does not want to continue holding because he only focuses on the bad news that is obviously more widespread to precisely bring down the prices.
I wrote this part here 5 times and deleted it, because obviously there is a limit to what can be said in public or not, but I think I could summarize it like this: IF YOU ARE EXHAUSTED, TIRED AND THINKING ABOUT GIVING UP... THEN THE ACTIONS of the big Market Makers in the last 4 days have achieved their goals.
Let's get to the game...
The Bitcoin Price remains above the 100 EMA (1D), EVERY TIME THIS WAS bullish AND MADE US RISE TO $96k, so it is very likely that this will happen again.
It would be essential for us to close above $95,500 today to continue with a good outlook for this week. If we don't do this, then the green band is our strongest support and we should obviously jump from there, we have no other choice.
A recovery to $96K is what I expect for tomorrow.
#BTC, MORE OF THE SAME... new HACK now of USDC and Saylor's purchases again forming a top, nothing NEW so far.
Obviously the whole thing is tiring since we were having some recovery, and today the bad news was more publicized than the good (as always).
We are seeing several large Companies and Asset Managers wanting to enter the Crypto Market, coincidentally the prices are always very low at these times, but usually the small investor (the majority) does not buy or does not want to continue holding because he only focuses on the bad news that is obviously more widespread to precisely bring down the prices.
I wrote this part here 5 times and deleted it, because obviously there is a limit to what can be said in public or not, but I think I could summarize it like this: IF YOU ARE EXHAUSTED, TIRED AND THINKING ABOUT GIVING UP... THEN THE ACTIONS of the big Market Makers in the last 4 days have achieved their goals.
Let's get to the game...
The Bitcoin Price remains above the 100 EMA (1D), EVERY TIME THIS WAS bullish AND MADE US RISE TO $96k, so it is very likely that this will happen again.
It would be essential for us to close above $95,500 today to continue with a good outlook for this week. If we don't do this, then the green band is our strongest support and we should obviously jump from there, we have no other choice.
A recovery to $96K is what I expect for tomorrow.
