MihaiDaniel

Pi Network looks quite damaged on the charts, at the moment it is on a massive support, if it loses the $1.64 area it can fall to $0.32

Altcoins are in Bear Market ( 90% of Altcoins ) , Bitcoin local top for now is 109.000$ wich in my opinion is not the absolute top for this bull market.
In 2017 Bitcoin rally was from below 1000$ to 19.000$ , 2021 rally was from 3.000$ to 69.000$ , in my view this cycle is to low , 109.000$ is not the top.
Crypto market is not a easy money market

Right now Bitcoin is starting the recovery, V shape recovery is a must , 100.000$ target is a must to remain in Bull Market ! As always the recovery could be bumpy

Good morning, Bitcoin minus 27%, in the middle of the bull market in 2021 we had 6 such corrections, the bull market is not over!
In this correction BNB had an interesting evolution, almost similar to Bitcoin, on the other hand Ethereum and Solana are significantly impacted 48% minus ETH and 57% Sol. Larger corrections are not pleasant, a recipe for getting rid of stress is to leave crypto concerns for a while and focus on other things.

From all time high , the market big boys have this evolution: Btc -27% , BNB - 28% , ETH - 48%, SOL - 57%
You might like BNB or not but it looks like btc twin brother

This is not yet a bear market for Bitcoin ! The crash is not because something is wrong with Bitcoin.
S&P 500 is on reason why the market is crashing, US War tariff is other reason, market manipulation is a big reason.
Correction can last for days or weeks , correction are not eternal.
We are very close to the bottom of this correction.

89,300 is the new resistance for Bitcoin, $88,200 is the current support for the moment, if the support gives way we will revisit $86,500, if it breaks the resistance the next area where it has resistance is at $90,500, that's pretty much the story of the charts today!

Attention Bitcoin is not in a Bear Market, a 20.9% correction is very common in both Bull Market and Bear Market, in 2024 we had at least 5 20% corrections.
Although it seems like the end of the world, it is not!
Take care of yourself, Don't Panic!

Bitcoin is at the values ​​of November 14, 2024, at this moment we have a lower low, that is, a minimum for 2025, the value of $86,888, when the fall stops we will have a reaction in the opposite direction, a very likely pullback to $92,117, the area that was support in January, it is critical that bitcoin closes today above $90,000

Bitcoin had a rough night, at this moment the macro structure is being tested, a close on the 24-hour charts below $90,000 would be a signal that this down trend could continue. The correction is not yet complete. Below in the image you can see how the liquidity is distributed.

This in not a dezastre, this is not the end of the crypto market , this might be the starting of a new page. The crash from last hours maybe is the price for Memecoins euphoria, maybe is the price for the daily hacks that are in this space , maybe is also a sideways consolidation for Bitcoin , for sure some market manipulation but for sure is not because one single event, it is a mix

Bitcoin is playing dangerously in the support zone, $94,700 is a zone tested 7 times in February, if we lose support the next zone is at $93,650. The sentiment is bearish but the danger is not that great, at least as long as we are above $94,000 we are in the safe zone

From what the charts show, we can say that if the bearish scenario is validated we will have this
Btc 73k -75k
ETH - $2208
Sol - $130
BNB - $570
Dot - $3.7
Sui - $2
Sei - $0.2
Egld - $16.5
Paranoia 1000%

A new day a new week a new big hack , a stablecoin bank just got hacked, today , they had 50 Million $ TVL the lost everything sadly! But hey welcome to crypto the future of money

The crypto market, at almost 7% global adoption, has unquestionably won a battle "Bitcoin is a reality and not a Scam", the degree of credibility for bitcoin is at high levels, the next battle is for the credibility or disappearance of the Altcoins, meme coins and stable coins market. I think stable coins are the next ones that will prevail.

North Korea announced that the country's strategic reserve will also have Ethereum, they were very satisfied with how the collaboration went yesterday , they are certainly currently looking for other strategic partners

The most stable asset in the market in the last 2 years is Bitcoin , over 90% of bitcoin investors are in profit even the market is kind of bearish

At this moment we literally have two possible "One Hot One Cold" scenarios, peace in Ukraine which would be a super bullish fatalist and a possible huge problem if in America the gold reserve does not have the gold that in theory it has, this being a potential trigger for a serious crisis.

Why the market is down ? Well Libra Meme coin is one of the reasons. Also Bitcoin is in a range for more than 83 days , Ethereum did not manage to breakout, and Solana is bearish.

Ethereum is currently at its May 2022 level, on February 18, 2022 it was still in this area, by comparison BNB at that time was trading between $350 and $420.
I am optimistic about ETH, but I am also realistic, I do not think it will surpass Bitcoin, we can have a surprise in 2025 and see XRP in second place and ETH in 3rd, it is a fierce competition at the top