**Bitcoin’s Path Beyond $100K: Is the Bull Market at a Crossroad
Bitcoin’s historic surge past $100,000 has ignited intense debate among market analysts, as shifting dynamics in long-term and retail activity reshape the landscape. While retail demand continues to buoy BTC’s price, data shows a significant shift among long-term holders, who have sold approximately 828,000 BTC—worth over $82 billion—within the past 30 days.
This unprecedented selling activity, primarily by those holding Bitcoin for 155 days or more, has raised questions about the sustainability of the current bull run. Analysts are divided: some argue the influx of retail demand will maintain upward momentum, while others warn that declining liquidity and increasing selling pressure could signal a market cooldown.
As the debate unfolds, traders closely monitor whether Bitcoin's strong retail demand can outpace the effects of long-term holders exiting positions. Is this consolidation a healthy pause or a sign of potential turbulence ahead? The coming weeks may determine if Bitcoin’s rally has more fuel to climb higher or is nearing a turning point.
Bullishpatterns
ONDO ANALYSIS📊 #ONDO Analysis
✅There is a formation of Descending Channel Pattern and Cup and Handle in daily chart with a breakout of Descending Channel 🧐
Pattern signals potential bullish movement incoming after the confirmation of breakout of Cup and Handle.
👀Current Price: $0.81600
🚀 Target Price: $1.02090
⚡️What to do ?
👀Keep an eye on #ONDO price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#ONDO #Cryptocurrency #TechnicalAnalysis #DYOR
XEMPopped on my breakout finder
📈 *Symbol*: `XEM/USDT`
✅ *Qualification*: All MAs within 1% of MA7.
💰 *Market Cap*: `$314,594,092.89`
I'm noticing on the day the adx crossed below a level it never has and when it did the MACD signaled a Buy
With ADX When it's going upward that means trend following indicators work best
when its going down we use things like oscilators
MACD being an ocsilator pinged a buy and we're starting to uptrend. We also had a nice bounce of the .318 fib along with another breakout and swing low back tot the .5 fib showing a health upward trend as you see how volatility has completely dropped thats what the breakout/breakdown finder looks for tokens like that
OM Still has another 300% to Go Easily!Well now we see why this coins been on our radar since october. And it has no intention on stopping obviously. don't sleep on OM, the macd refuses to make a bearish cross, we're blowing past fib lines and consolidating without having real breakdowns. This is a definition of bullish
📈 *Name*: MANTRA
🔖 *Symbol*: OM
💲 *Price*: $0.15
📉 *24h Change*: -1.52%
📊 *7d Change*: 45.33%
💰 *Market Cap*: $117905688.24
🔄 *24h Volume*: $113588711.16
🏷️ *Tags*: defi, dao, kenetic-capital-portfolio, exnetwork-capital-portfolio, polygon-ecosystem, bnb-chain
🔎 *Symbol*: `OM/USDT`
📈 *Signal*: `Long`
💲 *Current Price*: `0.14608`
🛑 *Stop-Loss*: `0.06862956`
💰 *Market Cap*: `116161551.11797963`
🚪 *Entry Prices*:
📥 Entry Price 1: `0.11573043999999999`
📥 Entry Price 2: `0.13029978`
📥 Entry Price 3: `0.142075`
📥 Entry Price 4: `0.15385022`
🏁 *Exit Prices*:
📤 Exit Price 1: `0.23008978`
📤 Exit Price 2: `0.25364022`
📤 Exit Price 3: `0.29176`
📤 Exit Price 4: `0.32987977999999996`
🔎 *Symbol*: `OM/BTC`
📈 *Signal*: `Long`
💲 *Current Price*: `3.43e-06`
🛑 *Stop-Loss*: `1.6154e-06`
💰 *Market Cap*: `116161551.11797963`
🚪 *Entry Prices*:
📥 Entry Price 1: `2.7166e-06`
📥 Entry Price 2: `3.0572e-06`
📥 Entry Price 3: `3.3325e-06`
📥 Entry Price 4: `3.6078e-06`
🏁 *Exit Prices*:
📤 Exit Price 1: `5.3902e-06`
📤 Exit Price 2: `5.9408e-06`
📤 Exit Price 3: `6.832e-06`
📤 Exit Price 4: `7.7232e-06`
🚀🛫 BTCUSD ) 1D tame fram) bullish) 🗺️🗺️Hello taser’s what do you think about btcusd)?
traders are expected btc uSdt next move in this week’s hitting 45k 47k listing targets 50k £ 25k breakout hitting 31k breakout hitting 38k
breakout 44k next breakout hitting 50k 🎯
Ordinals on Bitcoin have ignited significant debates that have polarized the crypto community, casting a shadow on the ORDI token price.
The discourse has intensified over the past week as core developers vow to censor Bitcoin Oridnals, with industry leaders like Max Keiser labeling them as a “bug” on the network.
Will Ordinals Be Censored?
The concerns were raised when Bitcoin core developer Luke Dashjr described it as a “vulnerability” spamming the blockchain. Dashjr later revealed that the bug concerns have entered the US National Vulnerability Database as CVE-2023-50428.
Bitcoin podcaster Peter McCormack shed further light on the contentious nature of Ordinals. He emphasized that these assets fail to benefit those utilizing Bitcoin for payments as they only contribute to a high-fee environment.💥
Bullish Pennant PatternIn this guide, we unveil the secrets of Bullish Pennant pattern, exploring its psychology, identification, and trading strategies.
If you appreciate our charts, give us a quick 💜💜
Understanding the Bullish Pennant Pattern:
The bullish pennant emerges post an uptrend, forming a small symmetrical triangle (the pennant) during consolidation. This pattern signifies a battle between bulls and bears, ultimately leading to a breakout, usually upward, signifying the continuation of the uptrend.
Components of the Bullish Pennant Pattern:
An Uptrend: A prerequisite for this pattern, characterized by higher highs and higher lows.
A Pennant: A small symmetrical triangle forming after the uptrend, indicating consolidation.
A Breakout: The essential phase, marking the continuation of the uptrend, often occurring upwards.
Trading the Bullish Pennant Pattern:
Psychology Behind Bullish Pennant: A reflection of market consolidation after bullish momentum, highlighting the buyers' dominance.
Bullish Pennant vs. Bearish Pennant: Bullish pennants signal uptrend continuations, while bearish pennants suggest downtrend extensions.
Bullish Pennant vs. Bull Flag: Bull flags form after sharp rallies, while bullish pennants appear after extended uptrends, marked by converging trendlines.
Stop Loss Placement: Consider placing your stop loss at the pennant's resistance line for risk management.
Profit Target Setting: Customize your profit target, aligning with the pattern's flagpole height or a conservative approach, harmonizing with your risk management strategy.
Trade Wisely!
Follow us for expert trading tips and strategies!
✅EUR_USD RISKY LONG🚀
✅EUR_USD is in a very
Strong downtrend and the
Pair has been falling for a while now
So much so that it is now oversold
Thus as the pair is retesting a
Horizontal support level of 1.04833
I think that we might see
A local bullish correction
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Double-Bottom + inverse SHSFrom the first low at the beginning of October until now, it seems like silver has formed a double-bottom chart formation. Furthermore, since the beginning of December, the chart pattern looks like an inverse shoulder-head-shoulder-formation. So we have two signs of going long in this chart. At least until ~22.50 USD, and then we might need to re-evaluate the situation.
Next bullish move in DeFi Chain?From a purely technical standpoint - this chart pattern is bullish. If you ignore the ugly spike on November 11th, this is a nice symmetric triangle which, as it occurs in a bullish trend, is more likely to get resolved to the upside.
Of course, it all depends on what BTC is doing, but the likelyhood that the trend will continue in the 1st half of next week is a bit higher.
AXS is trying to break the wedge upwardHi everyone
AXS tried to break the resistant top line of the wedge forming before but couldn't keep moving up
and failed. so this time if the 4h timeframe candle can manage to close above the line and BTC
holds too then we can expect a nice and decent upward pressure.
support and resistant targets are on the chart.
Enjoy the market
OXTUSD Orchid Next Stop 200 Day MA .47 Cents!Really quite simple. OXTUSD currently trending up. About to break above major accumulation area (currently resistance) that is ranging on the 4hr chart between .3637 (purple line) and .3773 (black line). Past resistance will become future support. But once we break this resistance area , I believe we'll go to the 200 day moving average pretty quickly (like within hours). The 200 day ma currently is priced at .4743. I would suggest a good range to target with this next surge would be anywhere from .46-.48 cents. Once hit, we will probably come back down again. Maybe all the way back down to the .3773 support. Looks like some good trading ahead friends. Have fun with this.
As always, I wish you all the best.
XRP is right on track to make a new ATH this year!My last chart's thesis has not changed (). I called for XRP to reach ~$1.50 (when it was at $1) followed by a large retrace back down to the $0.75-$0.50 range which would set up a move toward (and beyond) the previous ATH.
In this chart, I'm highlighting the only 3 times the daily RSI has closed below 30 since XRP bottomed in March 2020. The previous 2 occurrences have acted as springs to start an upward trend. I expect this 3rd occurrence to be no different and to act as a signal to let us know the $0.75-$0.50 retrace target has completed.
**Not Financial Advice
Crypto.com - Simply Bullish? (Small update v4)Not investment/trading advice.
It was requested I updated my TA. Can't provide a whole lot of information..
but the ride with CRO has been great!
We have seen a great bullish trend, following the blue bull trend line which has proved to be strong.
However it has been broken a few times. Just recently dipping below the bull trend line finding some support above the red zone.
The trend still remains intact at the time of writing. Continuing to put in higher lows from the previous break.
I went ahead and marked the two main dips to show the higher lows being displayed. (yellow)
This does not mean the trend cant break at any time. With stronger volatility being shown as we near closer to mainnet launch.
2 zones were added.
Green target zone
Yellow caution zone.
Red bearish zone extended beneath.
Additionally a ghost line at the highs & ghost circles at the short term lower lows cluster.
I remain bullish long term, however at this point be extremely careful when trading.
If you like my chart, please show some support or leave a thumbs up.
Thanks!