BItcoin will reach $241,000Bitcoin is forming correction for a movement to the upside, I think it will reach big momentum from here, Do let me know if anything I'm missing.
Cryptomarket
BTC Ready for a Big Move? Harmonic Pattern + Resistance BreakoutTechnical Breakdown:
#BTC is forming a harmonic pattern on the 30-minute time frame, signaling a potential bullish reversal.
Bullish divergence is developing, which strengthens the case for an upward move.
The key resistance level is acting as a barrier. A break and close above this level will confirm a bullish breakout.
Trading Plan:
🔹 Wait for bullish divergence confirmation.
🔹 Monitor the breakout of resistance.
🔹 If a candle closes above resistance, enter a long position with proper risk management.
🔹 Target levels: 93700
🔹 Stop-loss below recent lows for a safe risk-reward ratio.
What do you think? Will #BTC break out or get rejected? Drop your thoughts in the comments!
Follow for more real-time trade ideas, setups, and market insights!
Have you considered this alternative?Chiliz (CHZ) leads innovation in fan engagement with their favorite teams through blockchain technology. Its platform enables the creation of Fan Tokens that offer users exclusive access to experiences and decisions related to sports clubs, eSports teams, and more.
Chz has been trading in a massive bullflag as seen in the above analysis. Although it hasn't seen alot of love recently i suspect it will do well in the coming months ahead.
Target: 3$
Stoploss: 0.032 (upon re-entry of the channel)
Rustle
XRP BEFORE & AFTER@XRP Weekly-Monthly Analysis / Retracement...Weekly - Monthly trend: Bearish
Chart Pattern: Head & Shoulders (H&S) - Bearish Continuation Pattern
Bearish Candlesticks signals:
HANGING MAN (Bearish, Single Candlestick pattern) / Weekly Timeframe / 09 DEC 2024
BEARISH ENGULFING (Bearish, Double Candlestick pattern)/ weekly Timeframe / 27 JAN 2025
TWEEZER TOP (Bearish, Double Candlestick pattern) / 1 Day timeframe / 20 FEB 2025
FALLING THREE METHODS (Bearish, five-fold Candlestick pattern) / 1 Day timeframe / 07 MAR 2025
Retracement Fib Price Levels:
0.00% (3.4000)
23.60% (2.6879)
38.20% (2.2474)
50.00% (1.8914)
61.80% (1.5353)
78.60% (1.0284)
100.00% (0.3827)
Good prices for buy (the lower the better):
61.80% (1.5353) – Golden Zone / Golden Pocket
78.60% (1.0284) – Entry Zone
Between 78.60% (1.0284) and 100.00% (0.3827) is the Risk Zone, which we have the Neckline of the ‘’ Quadruple Bottom Pattern ‘’ at the price range ‘’ 0.6291 – 0.7850 ‘’
I am having buy limit at 0.78500 on the neckline of ‘’ Quadruple Bottom Pattern ‘’.
BTCUSDT- at his current supporting area? What's next??#BTCUSDT.. market perfectly move as per our last idea and now market just reached at his current supporting area that is around 82120
Keep close that area because if market clear that level then it will leads you towards downside next supporting levels.
Good luck
Trade wisely
Bollinger Squeeze and resistance break to go longA squeeze on the Bollinger Bands could be happening in the coming days. This usually indicates consolidation, and an exit from such a pattern is generally explosive. You can see that it has already happened once on Pi.
So, a good squeeze on the BB followed by a breakout of the 'bounce zone' would be a strong long position, with a stop-loss (SL) around 1.6.
The previous analysis suggested a long position, but the price did not respond accordingly to the support, so I hope you didn’t enter a long position.
That's it for today. Have a good week, guys!
BITCOIN IDEA
After retest price FVG and level 70 of FIBO and liqudity taken of 2 previous weekly low we will see a reversal to taken liqudity buyside at 109312
XRPUSDT XRPUSDT has the possibility of long trading from the price of 1.3854 to a stop loss of 0.9947, and if it reaches this price range, it is worth a good trade.
The risk in trading is your choice.
TradeCityPro | Bitcoin Daily Analysis #28👋 Welcome to TradeCityPro!
Let's dive into Bitcoin analysis and key crypto indices. As usual, I’ll review the futures session triggers for New York.
✨ Market conditions haven’t changed at all compared to yesterday, and Bitcoin has a ranging box that might break today.
⏳ 1-Hour Timeframe
As you can see, in the 1-hour timeframe, after breaking the trendline, the 85552 trigger is crucial. If this level is broken, it confirms the trendline break, which means the price could move toward lower support levels.
✅ Currently, the price has broken this area, and the RSI trigger has also been activated. If you opened a position with this break, I recommend waiting to see from which area the price gets rejected.
🔽 For a short position today, there isn’t really any specific trigger, so if you don’t have a position, you should observe for now. However, if the 85552 break turns out to be fake, bullish momentum could enter the market. In that case, you can enter a position with a break of 86949.
⚡️ I don’t have any other moves for Bitcoin because the short trigger is already activated, and today is Sunday, so there’s no need to focus too much on altcoins. Let’s move on to dominance analysis to assess altcoins' conditions.
👑 BTC.D Analysis
Looking at Bitcoin dominance, you can see that it is still ranging and hasn’t started any particular trend yet.
🧲 If 61.61 breaks, it confirms bullish dominance, while a break of 61.08 would confirm bearish dominance. The main range is between 60.40 and 62.19.
📅 Total2 Analysis
Checking Total2, just like Bitcoin, this index has also activated its entry trigger and is moving downward.
🎲 Currently, after breaking the 1.07 area, the next support level is at 1.01, and the probability of reaching this level is high. If this downward move turns out to be fake, the 1.09 trigger would be suitable for a long position.
📅 USDT.D Analysis
Looking at Tether dominance, you can see that after yesterday’s pullback to 5.08, the 5.14 trigger has been activated, and dominance is moving upward.
💫 The issue I mentioned yesterday was that there was no momentum, but now bullish momentum is visible. The target it can move towards is the 5.30 area.
📊 If the 5.14 break turns out to be fake, the 5.08 trigger would be suitable for confirming the fake break.
🧩 Overall, there aren’t any significant triggers in the charts today. If you didn’t open a position during the London session and want to have one, you should look for altcoins that haven’t activated their triggers yet.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
XRP Weekly-Monthly Analysis / Retracement Levels for BuyWeekly - Monthly trend: Bearish
Chart Pattern: Head & Shoulders (H&S) - Bearish Continuation Pattern
Bearish Candlesticks signals:
HANGING MAN (Bearish, Single Candlestick pattern) / Weekly Timeframe / 09 DEC 2024
BEARISH ENGULFING (Bearish, Double Candlestick pattern)/ weekly Timeframe / 27 JAN 2025
TWEEZER TOP (Bearish, Double Candlestick pattern) / 1 Day timeframe / 20 FEB 2025
FALLING THREE METHODS (Bearish, five-fold Candlestick pattern) / 1 Day timeframe / 07 MAR 2025
Retracement Fib Price Levels:
0.00% (3.4000)
23.60% (2.6879)
38.20% (2.2474)
50.00% (1.8914)
61.80% (1.5353)
78.60% (1.0284)
100.00% (0.3827)
Good prices for buy (the lower the better):
61.80% (1.5353) – Golden Zone / Golden Pocket
78.60% (1.0284) – Entry Zone
Between 78.60% (1.0284) and 100.00% (0.3827) is the Risk Zone, which we have the Neckline of the ‘’ Quadruple Bottom Pattern ‘’ at the price range ‘’ 0.6291 – 0.7850 ‘’
I am having buy limit at 0.78500 on the neckline of ‘’ Quadruple Bottom Pattern ‘’.
USDT dominance. (USDC is similar). 03 2025Time frame 1 week. Crypto market dominance to % USDT. I showed this for the first time on 03 2022, nothing has changed since then, everything is the same and the logic is identical.
USDT dominance. USDT pumping indicator to the market 03 2022
USDT dominance. Indicator of USDT pumping to and from the market 05 2022
✔️Stablecoin dominance is falling — the market is growing.
✔️Stablecoin dominance is growing — the market is falling.
It cannot be otherwise (capital movement), until the time when ETFs with the US dollar are not massively introduced and popular, they will draw some of the liquidity to themselves. Which will slightly change the logic of this trend itself. Comparable, in terms of impact on the market, as before the introduction of trading pairs to alts/USDT instead of BTC/alts (everyone was like that). Until then, USDT was needed.
You need to understand that the main " transitional dollar for the people ", that is, USDT , - reflects the trend of all stablecoins. In particular, the main "competitor" - USDC, all the others (a temporary phenomenon) do not matter. Until USDT exists and can be used to track the direction of the money flow, that is, the direction of the cryptocurrency market.
In 2022 09, I also showed this game of liquidity flow into ideas with the combined dominance of USDC + USDT + BTC chart. But this is already a complication, everything is already visible and clear on the dominance of USDT.
Domination of USDT + USDC and lows/maxims of BTC. Correlation 2022 09
Remember, any stablecoin is an alt. The experience with UST (Moon Falling into an Urn) has taught many not to equate stablecoins to a real dollar.
The price stability of any stablecoin depends only on people's faith in its stability. This faith is projected by marketing activity, and first of all by the real capital that stands behind the creators. Everything conceived and implemented has a beginning and an end.
Bitcoin dominance to alts.
I will duplicate my latest idea on Bitcoin dominance here once again. I used it before (it was rational), before 2020 (I used to make a lot of ideas about local zones as triggers for market reversals). Now it doesn't do much. But I see people are fixated on this, not understanding the essence, and why it was so effective before and childishly clear when the market would be reversed (there were no pairs to USDT, but only alts to BTC).
Before 2018 (100% efficiency), before 2020 (partial), the dominance of Bitcoin to other alts was such an indicator of the pump/dump of the market. As it was the main direction of money flow. Almost all alts were traded only to Bitcoin.
Доминация BTC к альткоинам. Доминация стейблкоинов и памп рынка. 07 2022
Have a plan and understand what you are doing, observing money and risk management. As a result, you will be calm and satisfied with your profit from the market, if you are an adequate person.
Alt dominance.
And this is the idea of training/work (understanding the reversal zones of the crypto market of secondary trends) in 2023 on alts. That is, the dominance of alts without stablecoins, bitcoin and ether, which take away most of the market capitalization as a whole. The dominance is growing, naturally money is pouring into alta and vice versa. There are also similar ideas (look for publications in 2023) for certain groups of assets. That is, the point is to catch the hype, by groups of candy wrappers or, on the contrary, the threshold of stopping the flow of money into another hype.
BTC dominance to altcoins. Dominance of stablecoins and market pump . 07 2022
Without pain, there is no way for someone to gain benefits in the speculative market. Who will experience pain and who will gain benefits depends only on the qualities of the person who decided to engage in trading. That is, the totality of his positive/negative qualities that project his actions in the market. Everything is extremely simple and honest.
Dollar Index.
There are a series of interrelated ideas (three, detailed explanation), about the dollar index, that is, the larger cyclicality of the markets in general, and the crypto market as a small projection. Also, all publications of 2022-2023.
DXY Dollar Index USA. Recession and Pump/Dump Market Indicator 09 2022
DXY (Dollar Index) and Pump/Dump BTC. Market Cycles . 09 2022
Looking for LongAAVE is forming steeper flag to make a corrective formation before making a big momentum for the upside, target expecting to reach at $800
TradeCityPro | FILUSDT Continuing the Analysis of U.S. Coins👋 Welcome to TradeCityPro Channel!
Let’s analyze another coin with a U.S. base, which has the potential to be listed in ETFs in the future, as the U.S. currently has the most influence on the market!
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Timeframe
We are still within the weekly box, and the coin’s situation is not very favorable, as it is currently fluctuating around its most important support level.
After failing to reach the top of the weekly box and facing an early rejection, the market has experienced a decline in recent price corrections. Currently, the price is fluctuating around 3.139, which is the most crucial support level at the moment.
From a price perspective, this is a good buying zone, but since the market is highly bearish, I personally wouldn't buy without confirmation. I'd prefer to let the price range a bit and form a structure, or wait for a strong green candle. Otherwise, my buy trigger would be a breakout above 9.899.
📈 Daily Timeframe
The main trend is still bearish, meaning we continue forming lower highs and lower lows. Currently, the price is ranging between 2.995 and 3.753.
After a rejection from 8.051, the price formed a support level at 4.836. However, after breaking this support and retesting it (which has now turned into resistance), the price engulfed the previous three candles, leading to a drop to 2.995.
If the price breaks above 3.573, the Fibonacci levels that we have drawn will act as strong resistance zones for further upward movement. The most important of these levels is 4.836, which previously caused a significant rejection.
For buying, the more the price ranges within the 2.995 - 3.573 box, the stronger the 3.573 breakout trigger will be. For selling, I recommend exiting below 2.995. If the price moves back above 3.573, you can reinvest with the same USDT amount, but in a smaller quantity of FIL, to manage your risk.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends!
CRYPTO10 buy surely bullish mode big move pattern 1. (CRYPTO10) False Breakout Risk – The price might not sustain a breakout above 18,000, leading to a rejection below 17,500 before attempting another push.
2. Volume Confirmation – The volume seems inconsistent; a true bullish breakout would require increasing volume at key levels.
3. Trend Structure – The rounded bottom formation suggests a potential recovery, but a failure to hold above mid-range levels (~18,000) could result in sideways movement or a breakdown.
4. Macro Factors – External market conditions (interest rates, liquidity, BTC/crypto sentiment) could invalidate the upside scenario.
5. Bearish Retest Possibility – If the price breaks down below 17,343, we could see a deeper retracement instead of the expected move higher
DigiByte Will Be A Market Leader (Top Performer) —Obey Me!Maybe you don't believe me or you disagree; do not argue with me, just listen to what I say. Grasp the meaning of my words; logic, understand.
This is the signal. DigiByte (DGBUSDT) tends to move first and it is already moving ahead. It closed green last week after some shakeouts while producing a local higher low. This week is green after a very strong shakeout, and the current session is a hammer candlestick pattern pointing straight up.
Do not argue with me. You are the student, I am the Master of the charts.
Just hear what I say. See it, feel it, grasp it; understand.
There is no point in arguing with me or with the market. I am an expression of the Cryptocurrency market. I am the Spirit of trading and the materialization of Bitcoin's soul. I have the divine eye, and I am telling you that the Altcoins market is about to grow really strong.
I don't care about what you think or believe. It has no relevance to me. I will be right and you will be wrong. If you think the market is going down, you are wrong. If you agree with me, you will be right, do not argue anymore.
DigiByte tends to move first and the signals are in. Two weeks straight prices are green. When it breakouts and starts to grow, you will be thinking, "Why did miss this one?" "How come I didn't see it?" You saw it when I published my chart.
What will you do now?
Will you trust and adapt to change?
Will you continue to doubt and let this endless stream of opportunities to run away.
I am here to stay. Crypto is going up.
This is the signal. The signals are always coming from the charts.
I have the balls to say it publicly, I am right, you are wrong. If you are bearish of course.
If you are bullish, welcome to the club.
You are wise and smart. Together we will grow.
When the market turns, we will welcome you with open arms even though you will be a bit late. It doesn't matter, we all make mistakes. But you have the chance to skip this one, just do as I say. Buy and hold.
Namaste.
TradeCityPro | Bitcoin Daily Analysis #27👋 Welcome to TradeCity Pro!
Let's dive into the analysis of Bitcoin and the key crypto indices. Today, as usual, I want to review the important futures triggers for the New York session.
📰 Yesterday, Trump and Powell had speeches, but contrary to expectations, they didn't make any significant statements. As you can see, their remarks had little to no impact on the charts.
⏳ 1-Hour Timeframe
On the 1-hour timeframe, as observed, Bitcoin hasn’t reacted to yesterday’s events, and price action has been normal, with no unusual candles. Therefore, we will ignore the news and focus on our regular trading triggers.
✅ Currently, Bitcoin has broken the trendline formed yesterday and is near its trigger level at 85,552. Market volume is extremely low, which indicates that a big move is approaching. If this level breaks, a position can be opened.
📊 However, keep in mind that one reason for the low volume is that today is Saturday, a market holiday, meaning the price might continue ranging, and volume could drop even further.
📉 Regardless, the break of 85,552 is a crucial trigger, and if this level fails, Bitcoin could drop to lower supports like 83,151 and 78,940. Therefore, I will open a short position if this trigger is activated. The break of 37.93 on RSI will confirm this position.
🔼 For a long position, a major resistance has formed at 86,849, and if this level breaks, the trendline breakdown will be invalidated, and the price could push higher.
👑 BTC.D Analysis
Moving on to Bitcoin dominance, as seen on the chart, nothing has changed—BTC.D is still ranging.
⚡️ If BTC.D breaks below 61.08, it could drop to 60.40.If BTC.D breaks above 61.61, more capital will flow into Bitcoin.
🎲 Overall, BTC dominance has been ranging for a long time, making it hard to analyze. As a result, there aren't many scenarios to discuss.
📅 Total2 Analysis
Now, let’s analyze Total2 and find suitable triggers for this index.
⚡️ The trigger for this index has not yet been activated.For a short position, enter if 1.07 is broken.For a long position, the closest trigger is at 1.13.
📅 USDT.D Analysis
Moving on to Tether dominance, this index has finally confirmed a breakout above 5.08 and even pulled back to retest this level.
💥 However, as seen from the candles above this area, there is no strong momentum in either direction. The price has no clear upward or downward acceleration.
🌿 A strong bullish confirmation for USDT.D would be a powerful green candle closing above this zone.
🔽 A bearish confirmation would be a drop back below 5.08, which would serve as the first sign of weakness in Tether dominance.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Ripple XRP Price Levels Still BULLISH? XRPUSD Buy Long for SP!🌍Just a quick update from 🟢SeekingPips🟢
ℹ️ Note the CLEAN and VERY CLEAR reactions at KEY PRICE LEVELS that SeekingPips identified as EARLY as 21st January 2025
(Please go back amd see the XRP chart shares from that day)
⭐️ By now you know well that I always prefer TIME over PRICE however, we can not utilise one without the other so identifying KEY PRICE LEVELS where we can expect key reactions and potential ENTRY & EXIT signals is KEY TOO.👍
✅️ Again PREPARATION is KEY.
✅️ Have a plan and stick to it like GLUE.
🟢SEEKINGPIPS🟢 opinion remains the same.
🌎BUY the DIPS and DCA then we sit WATCH and ENJOY the ride.
BTC/USD Bullish Breakout Setup – Targets & Stop-Loss StrategyThis BTC/USD 4-hour chart shows a symmetrical triangle formation, with price respecting both the ascending trendline and descending resistance. The price is currently near the support of the triangle and could make another move toward equilibrium before testing the upper trendline.
Key levels and target
- Resistance at 90,726 (target area ).
- Support at the ascending trendline and weak low at 78,913.
- A breakout above the triangle resistance could lead to bullish momentum toward 94,818 .
A reaction at equilibrium may decide whether BTC continues consolidating or breaks out. Keep an eye on volume and momentum for confirmation.
1. 90,726 – A key resistance level and the first bullish target.
2. 94,818 – If BTC breaks above the first target, this level could be the next upside resistance.
83,500 – A safer stop-loss level below recent swing lows, reducing the chances of
getting stopped out by short-term volatility.
A breakout above the symmetrical triangle with strong momentum could push BTC toward these levels. Watch for confirmation at the equilibrium zone and a successful breakout for further upside movement.
TradeCityPro | LDO: Comprehensive Market Analysis and Prediction👋 Welcome to TradeCity Pro!
In this analysis, I want to review LDO for you. It is one of the key DeFi platforms, and its token currently holds a market cap of $945 million, ranking 72nd on CoinMarketCap.
📅 Weekly Timeframe
On the weekly timeframe, we can see a range box between the $0.957 and $3.389 levels, where the price has been fluctuating for almost two years.
🔽 If you already hold this coin, I recommend activating your stop-loss in case the $0.957 level is broken and waiting for bullish momentum to re-enter the market before buying again.
📈 If the price holds above the $0.957 support, it could rally back toward the top of the range at $3.389. The key trigger levels between the current price and the top of the box are $1.447 and $2.488.
🚀 The main buying trigger is at $3.389, as breaking this level could lead to significant capital inflows, potentially initiating a long-term bullish trend.
📅 Daily Timeframe
On the daily timeframe, a range box between $1.447 and $2.387 had formed, which was broken to the downside, leading to a bearish leg. The main support level is $0.957, and if it fails to hold, the price could enter a new bearish cycle.
🛒 For spot buying, there isn’t a clear trigger yet, so we need to wait for a new structure to form. However, if the price rallies sharply, you could consider entering on a break above $1.489.
💫 As seen on the chart, the red candle volume is significantly higher than the green candles, indicating strong seller dominance. Additionally, the RSI is near the 30 level, and if it breaks below this zone, the bearish scenario becomes more likely.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
SHOCK! Trump to host crypto summit at the White House!On March 7, the White House will host its first-ever crypto summit, chaired by Donald Trump. The event will bring together top leaders of the crypto industry, including Coinbase (#Coinbase) CEO Brian Armstrong, MicroStrategy (#MicroStrgy) founder Michael Saylor, and others. Key discussion topics will include crypto industry regulation, stablecoin oversight, the strategic role of Bitcoin in the U.S. economy, and the establishment of a national crypto reserve.
One of the summit’s highlights is the initiative to create a strategic U.S. crypto reserve, which will include Cardano (ADAUSD), Solana (SOLUSD), XRP (XRPUSD), as well as Bitcoin (BTCUSD) and Ethereum (ETHUSD).
This move aims to strengthen America’s position in the global digital economy and expand the dollar’s influence. Donald Trump emphasizes that the U.S. must lead in blockchain technology development, promoting the adoption of digital assets in the global financial system. Beyond regulation and reserves, the summit will also address cryptocurrency taxation and potential incentives for businesses operating in the sector.
Key growth drivers for the crypto market:
• Government support & regulation: High-level officials participating in the summit and the introduction of regulatory frameworks focused on transparency and security create a favorable environment for market growth. Clear regulations encourage institutional investors to enter the space.
• Establishment of a strategic crypto reserve: The U.S. aims to include top cryptocurrencies in its national assets, boosting their credibility and investor confidence. This could strengthen digital assets’ role in the global financial system.
• Blockchain technology advancements: The adoption of innovations such as smart contracts, decentralized finance (DeFi), and blockchain integration into traditional industries expands the use cases for cryptocurrencies and increases demand.
• Rising adoption among users & businesses: Simplified crypto transactions, improved infrastructure, and a growing number of businesses accepting crypto payments contribute to the rising popularity of digital assets among the public.
The White House Crypto Summit will be a landmark event for the industry, setting the stage for the crypto market’s future development. Analysts at FreshForex believe that government recognition, clear regulatory frameworks, and technological innovations will provide a solid foundation for the continued growth and strengthening of digital assets in the global economy.
At FreshForex, accounts are available in 7 cryptocurrencies and over 70 crypto pairs with 1:100 leverage, accessible 24/7.
Bitcoin Outlook for the weekend is Bullish with Top within range
This will be a slight adjustment to what I said yesterday about how I thought Bitcoin wold stay within a Range with a top at 91K
Looking at the now Ascending triangle, we may brake back up into the previous range Box with a top around 108K - PA certainly has the strength to
This could be helkped by the Droping $ that has a mearsered move down to as low as 100 again
You See the rising line of suppor tthere....That could be the target.
Big things happening in Bitcoin and Crypto worlds now. Expect a Volatile time with some Big winners but understand, Bitcoin does appear to have left the traditional Crypto market - is this a good thing ?
Time will tell
TradeCityPro | Bitcoin Daily Analysis #26👋 Welcome to TradeCity Pro!
Let's delve into Bitcoin analysis. Today is a pivotal day for the market with significant news and meetings that could greatly impact the market's future direction.
✨ Today, instead of dominance analysis, I want to explore the potential outcomes of today's sessions.
✅ The first session tonight is the Federal Reserve meeting where Jerome Powell will speak and announce the U.S. central bank's policies.
📈 In this session, if Powell announces a rate cut, we will definitely witness a market pump. This scenario seems plausible as U.S. inflation is currently under control, and there's no reason for an interest rate hike.
📊 If the interest rates are announced to remain steady and Powell indicates that no cuts are planned for a long duration, the market will likely fall. If the rates are raised, it will induce panic in the market, leading to significant drops.
⚡️ The next session is Trump's speech about the Crypto Reserve. Officially, it was decided yesterday that the U.S. will have a Crypto Reserve, but it will not enter the market as a buyer for now. Instead, it will introduce blocked funds, such as those from Silk Road, into this reserve.
🧲 Today's session where Trump speaks is crucial as it's the first time a U.S. president will hold a session specifically about crypto, making every statement he makes significant.
🔼 If he speaks positively about crypto, we will definitely witness a market pump, especially among American altcoins. Considering Trump himself owns a significant amount of crypto, it's highly likely he'll speak positively.
💫 On the other hand, there's no reason for Trump to speak negatively about crypto as it would undermine the enactment of the Crypto Reserve, which is very important to him.
💥 However, given the significant differences between Trump and Powell regarding crypto, these differing views could lead to unusual market volatility.
☘️ For instance, Powell might keep the interest rates steady or even increase them, which would cause the market to drop. On the other hand, to assert his influence, Trump might speak very positively about crypto, causing the prices to pump.
🔍 These manipulations in the short term lead to severe volatility and are not good for the market, but we need to see how these two sessions conclude and the statements made to carry out a long-term analysis.
📄 Here's a list of attendees at Trump's session:
🔹 Senior officials and figures from the crypto industry at the White House.
🔹 A crypto summit held by Trump at the White House on March 7th is one of the most significant events in history. The list of confirmed guests at this summit is as follows:
✅ Confirmed officials from the White House:
Bo Hines - Executive Director of the Presidential Advisory Council on Digital Assets
David Sacks - Special Advisor on AI and Digital Currencies
Mark Uyeda - Interim Chair of the U.S. Securities and Exchange Commission (SEC)
Caroline Pham - Interim Chair of the U.S. Commodity Futures Trading Commission (CFTC)
✅ Confirmed figures from the crypto industry:
Michael Saylor - Founder of Strategy
David Bailey - CEO of Bitcoin Magazine
Matt Huang - Co-founder of Paradigm
JP Richardson - CEO of Exodus
Kyle Samani - Managing Partner at Multicoin Capital
Zach Witkoff - Co-founder of Trump-linked World Liberty Financial
Sergey Nazarov - Co-founder of Chainlink
Brian Armstrong - CEO of Coinbase
Vlad Tenev - CEO of Robinhood
Arjun Sethi - CEO of Kraken
Kris Marszalek - CEO of Crypto.com
Brad Garlinghouse - CEO of Ripple
🎲In the unconfirmed section, notable names such as Vitalik Buterin, Scott Bessent, and Hoskinson are seen, though they have not been officially confirmed yet.
⭐️ Now that we've reviewed these sessions, let's move on to Bitcoin analysis to see what technical events might occur today.
⏳ In the 1-hour timeframe, it's clear that traders are waiting for Trump's and Powell's speeches to decide their actions based on today's meetings.
📈 I can't give you a specific trigger today because any position you open will be influenced by the news, and opening positions today is akin to gambling, entirely dependent on the statements made in the sessions.
🔽 If the news is negative, the important support areas are 86802, 83151, and 78940, which can prevent a price drop if the news is negative but doesn't induce panic.
📉 If the news causes panic, we might even see a 20% red candle, in which case no support levels will be respected, and we'll have to see when the market panic ends.
🔼 If the news is positive for the market, the significant resistance areas are 94355 and 98482, which can act as supply zones.
⚡️ That's all for today's analysis. Be very cautious with the market today, and I recommend that you closely monitor the market during the session to experience this significant event.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
DOT/USD LONG SET UPTime Frame: 1D
Entry Price 1: $4.40
Entry Price 2: $3.40
Stop Loss: $2.40
Take Profit 1: $5.40
Take Profit 2: $7.50
Take Profit 3: $9.50
Take Profit 4: $11.50
Status: ACTIVE
