#BTC DOMINANCE ANALYSIS
BTC Dominance is consolidating within a symmetrical triangle pattern, currently encountering resistance at the triangle's trendline. The Ichimoku Cloud is providing strong support below, indicating stability. A decisive breakout or breakdown is needed to confirm the next directional move.
It's crucial to note that BTC Dominance typically has an inverse relationship with the altcoin market cap, so a breakdown could signal potential bullish momentum for altcoins.
BTC Dominance is consolidating within a symmetrical triangle pattern, currently encountering resistance at the triangle's trendline. The Ichimoku Cloud is providing strong support below, indicating stability. A decisive breakout or breakdown is needed to confirm the next directional move.
It's crucial to note that BTC Dominance typically has an inverse relationship with the altcoin market cap, so a breakdown could signal potential bullish momentum for altcoins.
JUST IN: 🇺🇸🇸🇻 President Trump to hold call today with El Salvador's pro-Bitcoin President Nayib Bukele.
Current Price $3202.60
Market Cap $386.41B
Change 1h -0.53% | 24h -2.84%
Daily Indicators:
• RSI: 43 - Neutral 🟠
• MACD: -56 - Bearish 🔴
• EMA: 3361 - Trading Below 🔴
Analysis: Ethereum is showing a classic head and shoulders pattern within an upward channel. It's been stuck in a tight range between its moving averages, but consolidation suggests a potential breakout soon. The RSI is providing additional bullish signals.
Price Targets: If ETH breaks upward, look for a target around $4,250 initially, with a more ambitious goal of $7,400 on a strong breakout. Watch those levels, and keep an eye on volume for confirmation!
Market Cap $386.41B
Change 1h -0.53% | 24h -2.84%
Daily Indicators:
• RSI: 43 - Neutral 🟠
• MACD: -56 - Bearish 🔴
• EMA: 3361 - Trading Below 🔴
Analysis: Ethereum is showing a classic head and shoulders pattern within an upward channel. It's been stuck in a tight range between its moving averages, but consolidation suggests a potential breakout soon. The RSI is providing additional bullish signals.
Price Targets: If ETH breaks upward, look for a target around $4,250 initially, with a more ambitious goal of $7,400 on a strong breakout. Watch those levels, and keep an eye on volume for confirmation!
#ETHUSD | #ETH | #Ethereum
Current Price $3202.60
Market Cap $386.41B
Change 1h -0.53% | 24h -2.84%
Daily Indicators:
• RSI: 43 - Neutral 🟠
• MACD: -56 - Bearish 🔴
• EMA: 3361 - Trading Below 🔴
Analysis: Ethereum is showing a classic head and shoulders pattern within an upward channel. It's been stuck in a tight range between its moving averages, but consolidation suggests a potential breakout soon. The RSI is providing additional bullish signals.
Price Targets: If ETH breaks upward, look for a target around $4,250 initially, with a more ambitious goal of $7,400 on a strong breakout. Watch those levels, and keep an eye on volume for confirmation!
Current Price $3202.60
Market Cap $386.41B
Change 1h -0.53% | 24h -2.84%
Daily Indicators:
• RSI: 43 - Neutral 🟠
• MACD: -56 - Bearish 🔴
• EMA: 3361 - Trading Below 🔴
Analysis: Ethereum is showing a classic head and shoulders pattern within an upward channel. It's been stuck in a tight range between its moving averages, but consolidation suggests a potential breakout soon. The RSI is providing additional bullish signals.
Price Targets: If ETH breaks upward, look for a target around $4,250 initially, with a more ambitious goal of $7,400 on a strong breakout. Watch those levels, and keep an eye on volume for confirmation!
Current Price $3192.25
Market Cap $384.59B
Change 1h -0.59% | 24h -3.21%
4-Hourly Indicators:
• RSI: 40 - Neutral 🟠
• MACD: -23 - Bearish 🔴
• EMA: 3288 - Trading Below 🔴
Analysis: Price action suggests consolidation around the mid-levels of recent structures. RSI is hovering near neutral, eyeing a potential bounce. Watch for reactions at the trendline support with buyers testing strength at key support levels around $3,195.
Price Targets: A bullish breakout above $3,230 could aim for the $3,700 zone. On the downside, keep an eye on support near $3,050. Focus on resilience at these pivot points for trade setups!
Market Cap $384.59B
Change 1h -0.59% | 24h -3.21%
4-Hourly Indicators:
• RSI: 40 - Neutral 🟠
• MACD: -23 - Bearish 🔴
• EMA: 3288 - Trading Below 🔴
Analysis: Price action suggests consolidation around the mid-levels of recent structures. RSI is hovering near neutral, eyeing a potential bounce. Watch for reactions at the trendline support with buyers testing strength at key support levels around $3,195.
Price Targets: A bullish breakout above $3,230 could aim for the $3,700 zone. On the downside, keep an eye on support near $3,050. Focus on resilience at these pivot points for trade setups!
Binance Will Support the Litentry (LIT) Token Swap and Rebranding to Heima (HEI)
https://www.binance.com/en/support/announcement/2a9feaa556f74dcdaa2192366f0e247c
https://www.binance.com/en/support/announcement/2a9feaa556f74dcdaa2192366f0e247c
According to JPMorgan analysts, bitcoin's dominance over Ethereum and altcoins is expected to persist in 2025, driven by key factors:
🟠Bitcoin's role in the "debasement trade" attracts strong ETF inflows, outpacing altcoin ETFs
🟠MicroStrategy’s ongoing $42bn Bitcoin acquisition supports sustained demand
🟠U.S. states and central banks are likely to prioritize Bitcoin for reserves
🟠Advances in Bitcoin's Layer 2 networks challenge Ethereum’s dominance in smart contracts
🟠Institutions favor private blockchains over public ones like Ethereum for privacy and customization
🟠Emerging projects prioritize infrastructure over tokens, with platforms like Base gaining traction
🟠Many decentralized projects face declines in adoption and token value after initial success
🟠Regulatory uncertainty in the U.S. may prolong market consolidation, leaving sentiment tied to tech equities
🟠Bitcoin's role in the "debasement trade" attracts strong ETF inflows, outpacing altcoin ETFs
🟠MicroStrategy’s ongoing $42bn Bitcoin acquisition supports sustained demand
🟠U.S. states and central banks are likely to prioritize Bitcoin for reserves
🟠Advances in Bitcoin's Layer 2 networks challenge Ethereum’s dominance in smart contracts
🟠Institutions favor private blockchains over public ones like Ethereum for privacy and customization
🟠Emerging projects prioritize infrastructure over tokens, with platforms like Base gaining traction
🟠Many decentralized projects face declines in adoption and token value after initial success
🟠Regulatory uncertainty in the U.S. may prolong market consolidation, leaving sentiment tied to tech equities
Business Insider Nederland
4 reasons bitcoin is poised to outperform other cryptos in 2025
There's been talk that 2025 will be the year of the altcoin, but JPMorgan isn't convinced.The apex token has dominated the crypto fund space and is
#BTCUSD | #BTC | #Bitcoin
Current Price $105672.00
Market Cap $2093.44B
Change 1h -0.45% | 24h +0.60%
Monthly Indicators:
• RSI: 42 - Neutral 🟠
• MACD: -70 - Bearish 🔴
• EMA: 105766 - Trading Below 🔴
Analysis:
The Bitcoin chart showcases a history of exponential growth, hitting significant milestones like $10,000 and $100,000 over multiple cycles. Each x100 increase took a progressively shorter cycle, suggesting a robust upward momentum. With its past performance, Bitcoin displays strong growth potential aiming for a monumental $1 million mark by 2041.
Price Targets:
Current trends suggest Bitcoin could aim for around $350,000 within the next major cycle. Subsequent cycles might push it to $500,000, and eventually reaching the ambitious target of $1 million by 2041. These targets highlight Bitcoin's potential as a powerful long-term investment.
Current Price $105672.00
Market Cap $2093.44B
Change 1h -0.45% | 24h +0.60%
Monthly Indicators:
• RSI: 42 - Neutral 🟠
• MACD: -70 - Bearish 🔴
• EMA: 105766 - Trading Below 🔴
Analysis:
The Bitcoin chart showcases a history of exponential growth, hitting significant milestones like $10,000 and $100,000 over multiple cycles. Each x100 increase took a progressively shorter cycle, suggesting a robust upward momentum. With its past performance, Bitcoin displays strong growth potential aiming for a monumental $1 million mark by 2041.
Price Targets:
Current trends suggest Bitcoin could aim for around $350,000 within the next major cycle. Subsequent cycles might push it to $500,000, and eventually reaching the ambitious target of $1 million by 2041. These targets highlight Bitcoin's potential as a powerful long-term investment.
#BTCUSD | #BTC | #Bitcoin
Current Price $105672.00
Market Cap $2093.44B
Change 1h -0.45% | 24h +0.60%
Monthly Indicators:
• RSI: 42 - Neutral 🟠
• MACD: -70 - Bearish 🔴
• EMA: 105766 - Trading Below 🔴
Analysis:
The Bitcoin chart showcases a history of exponential growth, hitting significant milestones like $10,000 and $100,000 over multiple cycles. Each x100 increase took a progressively shorter cycle, suggesting a robust upward momentum. With its past performance, Bitcoin displays strong growth potential aiming for a monumental $1 million mark by 2041.
Price Targets:
Current trends suggest Bitcoin could aim for around $350,000 within the next major cycle. Subsequent cycles might push it to $500,000, and eventually reaching the ambitious target of $1 million by 2041. These targets highlight Bitcoin's potential as a powerful long-term investment.
Current Price $105672.00
Market Cap $2093.44B
Change 1h -0.45% | 24h +0.60%
Monthly Indicators:
• RSI: 42 - Neutral 🟠
• MACD: -70 - Bearish 🔴
• EMA: 105766 - Trading Below 🔴
Analysis:
The Bitcoin chart showcases a history of exponential growth, hitting significant milestones like $10,000 and $100,000 over multiple cycles. Each x100 increase took a progressively shorter cycle, suggesting a robust upward momentum. With its past performance, Bitcoin displays strong growth potential aiming for a monumental $1 million mark by 2041.
Price Targets:
Current trends suggest Bitcoin could aim for around $350,000 within the next major cycle. Subsequent cycles might push it to $500,000, and eventually reaching the ambitious target of $1 million by 2041. These targets highlight Bitcoin's potential as a powerful long-term investment.
#US DOLLAR ANALYSIS
The US dollar has broken down from the rising wedge pattern with significant volume, falling below the 21MA, which now serves as a resistance barrier above the price action. This breakdown suggests the potential for further downward movement.
Given the dollar's inverse correlation with the cryptocurrency market, any decisive movement in its price could have a substantial impact on broader market trends.
The US dollar has broken down from the rising wedge pattern with significant volume, falling below the 21MA, which now serves as a resistance barrier above the price action. This breakdown suggests the potential for further downward movement.
Given the dollar's inverse correlation with the cryptocurrency market, any decisive movement in its price could have a substantial impact on broader market trends.
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🇺🇸 JUST IN: President Donald Trump at Davos said he will make the United States the “World Capital of Artificial Intelligence and Crypto.”
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🇺🇸 Trump: “When energy prices drop, inflation will fall, and interest rates will come down automatically. I’d demand strong action from the Fed to lower rates at the right time.”