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Optimistický
$BTC 🚨 BTC Live Update Bitcoin is currently trading near a key intraday level. Price is compressing — breakout or rejection coming soon. A strong move with volume could trigger quick momentum 📈 Waiting for confirmation before entry. Are you long or short right now? 👇 #BTC #Binance #btcupdates #cryptouniverseofficial {spot}(BTCUSDT)
$BTC
🚨 BTC Live Update
Bitcoin is currently trading near a key intraday level.
Price is compressing — breakout or rejection coming soon.
A strong move with volume could trigger quick momentum 📈
Waiting for confirmation before entry.
Are you long or short right now? 👇

#BTC #Binance #btcupdates #cryptouniverseofficial
BTC 7-Year Record in Focus: Momentum Exhaustion or Structural Breakdown?(Bitcoin) $BTC is approaching a macro milestone we haven’t seen since 2018. If this month closes red, Bitcoin will mark its longest streak of consecutive monthly declines in seven years. While this may sound like just a headline, it actually reflects higher-timeframe momentum compression that traders and investors should pay attention to. Understanding Long Red Streaks On the monthly chart, sequences like this rarely occur by chance. They tend to appear under specific market conditions: Tight Liquidity: Less capital is available to absorb selling pressure. Damaged sentiment: Market confidence is weak, and investors are cautious. Pressure on long-term holders: Even patient investors feel stress. Exhausted short-term traders: Those looking for quick profits may already be out of the market. When extended red months occur, they signal structural stress. Capital rotates out, conviction weakens, and volatility typically compresses as downside repeats itself. Historical Perspective History shows that repeated monthly declines do not guarantee a reversal, but they do indicate extremes. Prolonged weakness often pushes positioning to a point where reaction energy builds, creating potential inflection zones. Markets rarely trend in a straight line; persistent downside sets the stage for either further breakdown or eventual stabilization. Take 2018 as an example. Prolonged weakness in BTC preceded a major reset phase, teaching us that extended drawdowns can lead to structural market adjustments rather than immediate recoveries. What to Watch Next The key isn’t simply whether February (or the current month) closes red. What matters is how the market behaves after the close: Does downside momentum accelerate, continuing the macro trend? Or does volatility contract and higher-low structures begin forming, indicating stabilization? If the breakdown continues, the macro trend remains dominant. If compression and stabilization emerge, it signals a transition phase — not euphoria, but cautious recovery. Key Takeaways Long monthly red streaks don’t automatically predict reversals. They indicate decision zones where pressure, thin liquidity, and stretched positioning create heightened risk-reward asymmetry. Markets at extremes can either continue their structural trend or enter late-stage exhaustion phases. Ultimately, BTC is at a critical juncture. How it behaves in the coming weeks will define whether we are seeing structural continuation or momentum exhaustion on a multi-year scale. #BTC☀️ #btcupdates #Binance {spot}(BTCUSDT)

BTC 7-Year Record in Focus: Momentum Exhaustion or Structural Breakdown?

(Bitcoin) $BTC is approaching a macro milestone we haven’t seen since 2018. If this month closes red, Bitcoin will mark its longest streak of consecutive monthly declines in seven years. While this may sound like just a headline, it actually reflects higher-timeframe momentum compression that traders and investors should pay attention to.
Understanding Long Red Streaks
On the monthly chart, sequences like this rarely occur by chance. They tend to appear under specific market conditions:
Tight Liquidity: Less capital is available to absorb selling pressure.
Damaged sentiment: Market confidence is weak, and investors are cautious.
Pressure on long-term holders: Even patient investors feel stress.
Exhausted short-term traders: Those looking for quick profits may already be out of the market.
When extended red months occur, they signal structural stress. Capital rotates out, conviction weakens, and volatility typically compresses as downside repeats itself.
Historical Perspective
History shows that repeated monthly declines do not guarantee a reversal, but they do indicate extremes. Prolonged weakness often pushes positioning to a point where reaction energy builds, creating potential inflection zones. Markets rarely trend in a straight line; persistent downside sets the stage for either further breakdown or eventual stabilization.
Take 2018 as an example. Prolonged weakness in BTC preceded a major reset phase, teaching us that extended drawdowns can lead to structural market adjustments rather than immediate recoveries.
What to Watch Next
The key isn’t simply whether February (or the current month) closes red. What matters is how the market behaves after the close:
Does downside momentum accelerate, continuing the macro trend?
Or does volatility contract and higher-low structures begin forming, indicating stabilization?
If the breakdown continues, the macro trend remains dominant. If compression and stabilization emerge, it signals a transition phase — not euphoria, but cautious recovery.
Key Takeaways
Long monthly red streaks don’t automatically predict reversals.
They indicate decision zones where pressure, thin liquidity, and stretched positioning create heightened risk-reward asymmetry.
Markets at extremes can either continue their structural trend or enter late-stage exhaustion phases.
Ultimately, BTC is at a critical juncture. How it behaves in the coming weeks will define whether we are seeing structural continuation or momentum exhaustion on a multi-year scale.
#BTC☀️ #btcupdates #Binance
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Optimistický
in my point of view if we get this weekly closing above 68200 we are going towards 73200 and if get daily closing above 73200 then next target 🎯 is 79300 so hopefully we are going green for upcoming days. but if we failed weekly closing above mentioned level then probably we are going 62800, 57800, 53800 #TrumpNewTariffs #btcupdates #cryptooinsigts
in my point of view if we get this weekly closing above 68200 we are going towards 73200 and if get daily closing above 73200 then next target 🎯 is 79300 so hopefully we are going green for upcoming days. but if we failed weekly closing above mentioned level then probably we are going 62800, 57800, 53800
#TrumpNewTariffs #btcupdates #cryptooinsigts
$BTC {future}(BTCUSDT) Bitcoin's current price is $67,736, with a market cap of $1.34 trillion. The sentiment is bearish, with predictions suggesting a potential increase to $78,524 by the end of 2026, and $166,372 by 2030 ¹ ². *Key Price Levels:* - _Support Levels_: $1,890 and $1,740 (not applicable for Bitcoin, likely Ethereum levels were mistakenly mentioned) - _Resistance Levels_: $2,010, $2,140, and $5,000 (not applicable for Bitcoin, likely Ethereum levels were mistakenly mentioned) - For Bitcoin, key support is around $74,000, and resistance is around $92,000-$94,000 *Price Predictions:* - 2026: $75,000 to $225,000, with a consensus around $120,000-$175,000 - 2027: $251,829.81 to $292,272.77 - 2030: $764,391.55 to $907,823.21 - 2040: $968,339 - 2050: $1.47 million Some analysts predict Bitcoin could reach $150,000 by the end of 2026, driven by institutional adoption and favorable regulatory developments ³ ⁴. #BTC走势分析 #BTCMiningDifficultyIncrease #btcupdates
$BTC
Bitcoin's current price is $67,736, with a market cap of $1.34 trillion. The sentiment is bearish, with predictions suggesting a potential increase to $78,524 by the end of 2026, and $166,372 by 2030 ¹ ².

*Key Price Levels:*

- _Support Levels_: $1,890 and $1,740 (not applicable for Bitcoin, likely Ethereum levels were mistakenly mentioned)
- _Resistance Levels_: $2,010, $2,140, and $5,000 (not applicable for Bitcoin, likely Ethereum levels were mistakenly mentioned)
- For Bitcoin, key support is around $74,000, and resistance is around $92,000-$94,000

*Price Predictions:*

- 2026: $75,000 to $225,000, with a consensus around $120,000-$175,000
- 2027: $251,829.81 to $292,272.77
- 2030: $764,391.55 to $907,823.21
- 2040: $968,339
- 2050: $1.47 million

Some analysts predict Bitcoin could reach $150,000 by the end of 2026, driven by institutional adoption and favorable regulatory developments ³ ⁴.
#BTC走势分析 #BTCMiningDifficultyIncrease #btcupdates
$BTC MARKET UPDATE Sell pressure thinning — but structure still heavy. Why this matters? • ~$202M more stacked on the sell side within 5% of spot. • Weeks ago that imbalance was over $600M — supply is getting chipped away. • Buyers absorbing liquidity on bounces, but no real expansion follows. • Lower highs continue to define the higher timeframe structure. Absorption only confirms strength if it leads to sustained expansion. Right now, buyers clear portions of supply, momentum stalls, and offers reload near highs. The order book imbalance is compressing — but price still fails to hold above prior highs. Until $BTC can reclaim and sustain above key resistance instead of rejecting rallies, this remains a market where bounces get sold, not chased. Stay patient. Let expansion confirm direction. #btcupdates
$BTC MARKET UPDATE
Sell pressure thinning — but structure still heavy.

Why this matters?
• ~$202M more stacked on the sell side within 5% of spot.
• Weeks ago that imbalance was over $600M — supply is getting chipped away.
• Buyers absorbing liquidity on bounces, but no real expansion follows.
• Lower highs continue to define the higher timeframe structure.

Absorption only confirms strength if it leads to sustained expansion. Right now, buyers clear portions of supply, momentum stalls, and offers reload near highs. The order book imbalance is compressing — but price still fails to hold above prior highs.

Until $BTC can reclaim and sustain above key resistance instead of rejecting rallies, this remains a market where bounces get sold, not chased.

Stay patient. Let expansion confirm direction.
#btcupdates
$BTC On-Chain Warning Signals (Feb 2026): 🧭 MARKET STRUCTURE TURNING WEAK Realized Profit/Loss Ratio has dropped into 1–2 zone → typical of early bear transitions Profit-taking slowing → capital rotation weakening Needs to move above 2 again to confirm healthy bull momentum 📉 NETWORK PARTICIPATION FALLING New addresses ↓ 47% Active addresses ↓ 42% Indicates fading retail inflow and lower organic demand Market currently sustained mainly by existing holders 🪨 KEY PRICE LEVELS $66,550 → critical short-term support Break → likely move to $60k → $52–54k zone $54,920 Realized Price → long-term bear confirmation if lost 🚀 BULLISH INVALIDATION LEVELS Reclaim $71,693 + 20-day EMA Strong trend recovery only above $80k ⚖️ INTERPRETATION: Death Cross or Breather? Address drop alone ≠ guaranteed bear market But combined with weak capital rotation → late-cycle fatigue signal Current State: structural slowdown, not confirmed bear yet ✅ SHORT TAKEAWAY: On-chain data shows weakening demand and participation in Bitcoin. If $66.5k fails, deeper correction risk rises. Bull trend survives only if BTC reclaims $71–80k range. 👉 FOLLOW for more #StrategyBTCPurchase #BTCVSGOLD #BinanceSquareFamily #btcupdates {spot}(BTCUSDT)
$BTC On-Chain Warning Signals (Feb 2026):

🧭 MARKET STRUCTURE TURNING WEAK
Realized Profit/Loss Ratio has dropped into 1–2 zone → typical of early bear transitions
Profit-taking slowing → capital rotation weakening
Needs to move above 2 again to confirm healthy bull momentum

📉 NETWORK PARTICIPATION FALLING
New addresses ↓ 47%
Active addresses ↓ 42%
Indicates fading retail inflow and lower organic demand
Market currently sustained mainly by existing holders

🪨 KEY PRICE LEVELS
$66,550 → critical short-term support
Break → likely move to $60k → $52–54k zone
$54,920 Realized Price → long-term bear confirmation if lost

🚀 BULLISH INVALIDATION LEVELS
Reclaim $71,693 + 20-day EMA
Strong trend recovery only above $80k

⚖️ INTERPRETATION: Death Cross or Breather?
Address drop alone ≠ guaranteed bear market
But combined with weak capital rotation → late-cycle fatigue signal
Current State: structural slowdown, not confirmed bear yet

✅ SHORT TAKEAWAY:
On-chain data shows weakening demand and participation in Bitcoin. If $66.5k fails, deeper correction risk rises. Bull trend survives only if BTC reclaims $71–80k range.
👉 FOLLOW for more
#StrategyBTCPurchase #BTCVSGOLD #BinanceSquareFamily #btcupdates
$BTC BTC — Counter-Punch Setup While some call this a bear trap, the 4H chart tells a different story. Price is coiled and ready, offering a controlled long opportunity against the daily bearish backdrop. 📊 Trade Plan — $BTC Long Entry: 67,994 – 68,223 Stop Loss: 67,422 🎯 Targets: • TP1: 68,795 • TP2: 69,023 • TP3: 69,481 💡 Why This Setup? Tight stop protects risk. RSI is neutral, ready to snap. 1D trend is bearish, but 4H structure favors a short-term long counter-punch. Debate is on: reversal pivot or dead cat bounce? Watch the structure, follow the plan, and manage risk. 💰🔥 Click below to Trade 👇 {spot}(BTCUSDT) #Market_Update #btcupdates #nextmove
$BTC BTC — Counter-Punch Setup
While some call this a bear trap, the 4H chart tells a different story. Price is coiled and ready, offering a controlled long opportunity against the daily bearish backdrop.
📊 Trade Plan — $BTC Long
Entry: 67,994 – 68,223
Stop Loss: 67,422
🎯 Targets:
• TP1: 68,795
• TP2: 69,023
• TP3: 69,481
💡 Why This Setup?
Tight stop protects risk.
RSI is neutral, ready to snap.
1D trend is bearish, but 4H structure favors a short-term long counter-punch.
Debate is on: reversal pivot or dead cat bounce? Watch the structure, follow the plan, and manage risk. 💰🔥
Click below to Trade 👇
#Market_Update #btcupdates #nextmove
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Optimistický
$BTC MARKET UPDATE: $BTC🚀➖➖➖➖➖➖➖Parallel line break out is fine but here the obstacle is found. Parallel line has been watching this channel before, now the question is what to do here?🤖Current market bakes from channel resistance and is seen above parallel support although now cell's KTVTs +_ panic panic fill normally parallel retest if successful but main focus channel resistance ita breakout min 55k to 60k normal paper. If the parallel support is not able to stop, the bounce from the support of our channel (bottom trend line) means a trigger or bottom, we have to wait for the confirmation and the market will go up from there.🚀$BTC #Write2Earn #BTCETFSPOT #btcupdates
$BTC MARKET UPDATE: $BTC 🚀➖➖➖➖➖➖➖Parallel line break out is fine but here the obstacle is found. Parallel line has been watching this channel before, now the question is what to do here?🤖Current market bakes from channel resistance and is seen above parallel support although now cell's KTVTs +_ panic panic fill normally parallel retest if successful but main focus channel resistance ita breakout min 55k to 60k normal paper. If the parallel support is not able to stop, the bounce from the support of our channel (bottom trend line) means a trigger or bottom, we have to wait for the confirmation and the market will go up from there.🚀$BTC #Write2Earn #BTCETFSPOT #btcupdates
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Bitcoin Could Hit $48K in Days, Propelled by Historic Chinese New Year Gains 🎎 Bitcoin targets $48,000 in the short term fueled by a strong historic track record around the Chinese New Year, 10X Research's Markus Thielen said. BTC could hit $52,000 by mid-March with the bull run peaking in 2025, Thielen added. Bitcoin (BTC) is headed towards $48,000 in the short term after its breakout fueled by a strong track record of gains around the Chinese New Year celebration, according to Markus Thielen, head of research at Matrixport and founder of 10x Research. "The next few days are of paramount statistical importance as bitcoin tends to rally by +11% around Chinese New Year, starting on February 10 (Saturday)," Thielen wrote in a Thursday report. "During the last 9 years, Bitcoin has been up every time traders would have bought bitcoin 3 days before and sold it ten days after the start of the Chinese New Year." The largest crypto by market capitalization surged past $45,000 Thursday after yesterday clearing a key resistance level around $44,000, which had been capping prices since the spot ETFs began trading in the U.S. about four weeks ago. Thielen described the breakout as "very important" in that it marked the end of a corrective period that saw BTC decline to $38,500 in late January. "This opens the door to our shorter-term target of $48,000," Thielen added. Bitcoin to $52,000 by mid-March Looking further ahead, Thielen forecasted further upside for bitcoin based on Elliott Wave theory, a technical analysis that assumes that prices move in repetitive wave patterns. Price trends develop in five stages, according to the theory, of which waves 1, 3, and 5 are "impulse waves" representing the main trend. Waves 2 and 4 are retracements between the impulsive price action. BTC completed its wave 4 retracement by correcting to $38,500, according to Thielen, and has now entered its last, fifth impulsive stage of this uptrend targeting $52,000 by mid-March. #Write2Earn #TradeNTell #btcupdates
Bitcoin Could Hit $48K in Days, Propelled by Historic Chinese New Year Gains 🎎

Bitcoin targets $48,000 in the short term fueled by a strong historic track record around the Chinese New Year, 10X Research's Markus Thielen said.

BTC could hit $52,000 by mid-March with the bull run peaking in 2025, Thielen added.

Bitcoin (BTC) is headed towards $48,000 in the short term after its breakout fueled by a strong track record of gains around the Chinese New Year celebration, according to Markus Thielen, head of research at Matrixport and founder of 10x Research.

"The next few days are of paramount statistical importance as bitcoin tends to rally by +11% around Chinese New Year, starting on February 10 (Saturday)," Thielen wrote in a Thursday report. "During the last 9 years, Bitcoin has been up every time traders would have bought bitcoin 3 days before and sold it ten days after the start of the Chinese New Year."

The largest crypto by market capitalization surged past $45,000 Thursday after yesterday clearing a key resistance level around $44,000, which had been capping prices since the spot ETFs began trading in the U.S. about four weeks ago.

Thielen described the breakout as "very important" in that it marked the end of a corrective period that saw BTC decline to $38,500 in late January. "This opens the door to our shorter-term target of $48,000," Thielen added.

Bitcoin to $52,000 by mid-March

Looking further ahead, Thielen forecasted further upside for bitcoin based on Elliott Wave theory, a technical analysis that assumes that prices move in repetitive wave patterns. Price trends develop in five stages, according to the theory, of which waves 1, 3, and 5 are "impulse waves" representing the main trend. Waves 2 and 4 are retracements between the impulsive price action. BTC completed its wave 4 retracement by correcting to $38,500, according to Thielen, and has now entered its last, fifth impulsive stage of this uptrend targeting $52,000 by mid-March.

#Write2Earn #TradeNTell #btcupdates
Floki Inu ($FLOKI) USDT Analysis & Future Price Forecast 💯💵 As of December 25, 2024, Floki Inu ($Floki Inu ($FLOKI) USDT Analysis & Future Price Forecast 💯💵 As of December 25, 2024, Floki Inu ($FLOKI) is trading at approximately $0.00018081, with a robust 24-hour trading volume of around $236 million and a market cap standing at $1.75 billion. Recent Price Movement Over the last 24 hours, FLOKI has experienced a modest decline of approximately 2.20%, reflecting typical market fluctuations. Future Price Predictions Here’s what analysts anticipate for FLOKI's performance: Short-Term (January 2025) FLOKI is projected to potentially reach $0.002594, marking a substantial surge from its current price if favorable conditions prevail. Mid-Term (End of 2025) Forecasts suggest a price range of $0.032191 to $0.05, contingent on market sentiment, community growth, and broader crypto adoption. Long-Term (By 2030) Speculative projections place FLOKI’s price as high as $0.08, though long-term predictions should be approached with caution due to inherent market unpredictability. Stay Updated on Market Moves With FLOKI’s growing popularity and its potential to ride the wave of meme coin enthusiasm, it remains a token to watch in both short and long-term horizons. Join the Discussion: 💡 What’s your price prediction for FLOKI in the next bull run? 🔔 Follow for real-time updates and insights! #CryptoAnalysis #FLOKIPricePrediction #BinanceAlphaAlert #BTCUpdates

Floki Inu ($FLOKI) USDT Analysis & Future Price Forecast 💯💵 As of December 25, 2024, Floki Inu ($

Floki Inu ($FLOKI) USDT Analysis & Future Price Forecast 💯💵
As of December 25, 2024, Floki Inu ($FLOKI) is trading at approximately $0.00018081, with a robust 24-hour trading volume of around $236 million and a market cap standing at $1.75 billion.
Recent Price Movement
Over the last 24 hours, FLOKI has experienced a modest decline of approximately 2.20%, reflecting typical market fluctuations.
Future Price Predictions
Here’s what analysts anticipate for FLOKI's performance:
Short-Term (January 2025)
FLOKI is projected to potentially reach $0.002594, marking a substantial surge from its current price if favorable conditions prevail.
Mid-Term (End of 2025)
Forecasts suggest a price range of $0.032191 to $0.05, contingent on market sentiment, community growth, and broader crypto adoption.
Long-Term (By 2030)
Speculative projections place FLOKI’s price as high as $0.08, though long-term predictions should be approached with caution due to inherent market unpredictability.
Stay Updated on Market Moves
With FLOKI’s growing popularity and its potential to ride the wave of meme coin enthusiasm, it remains a token to watch in both short and long-term horizons.
Join the Discussion:
💡 What’s your price prediction for FLOKI in the next bull run?
🔔 Follow for real-time updates and insights!
#CryptoAnalysis #FLOKIPricePrediction #BinanceAlphaAlert #BTCUpdates
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This chart is for the BTC/USDT pair on Binance, representing Bitcoin's price movement against USDT (Tether). Here's the analysis based on the image: Key Observations: 1. Current Price: The current price of BTC is 101,790.63 USDT, with a +2.45% increase over the last 24 hours. 2. 24h Range: High: 102,724.38 USDT Low: 98,709.28 USDT 3. Volume: BTC Volume: 22,981.63 BTC USDT Volume: 2.33B USDT 4. Candlestick Chart: Timeframe: 1D (Daily) The chart shows an upward trend after a significant drop to around 96,153.45 USDT. BTC has rebounded and is approaching the recent high of 102,699.55 USDT. Technical Analysis: Trend: The recent green candles indicate bullish momentum, suggesting increased buying activity. Resistance Levels: The next major resistance lies around 102,700 USDT (recent 24-hour high). Support Levels: The strong support is visible near 96,150 USDT, as it marked the recent low before the price recovery. Moving Averages: Likely bullish crossover (though indicators like MA or EMA aren't enabled in this chart). Conclusion: BTC is currently in a short-term uptrend, recovering from a recent low. If the momentum sustains, it could test and potentially break the 102,700 USDT resistance. Traders should monitor volume and price action near key levels to anticipate further movement. #BTC #btcupdates
This chart is for the BTC/USDT pair on Binance, representing Bitcoin's price movement against USDT (Tether). Here's the analysis based on the image:

Key Observations:

1. Current Price: The current price of BTC is 101,790.63 USDT, with a +2.45% increase over the last 24 hours.

2. 24h Range:

High: 102,724.38 USDT

Low: 98,709.28 USDT

3. Volume:

BTC Volume: 22,981.63 BTC

USDT Volume: 2.33B USDT

4. Candlestick Chart:

Timeframe: 1D (Daily)

The chart shows an upward trend after a significant drop to around 96,153.45 USDT. BTC has rebounded and is approaching the recent high of 102,699.55 USDT.

Technical Analysis:

Trend: The recent green candles indicate bullish momentum, suggesting increased buying activity.

Resistance Levels: The next major resistance lies around 102,700 USDT (recent 24-hour high).

Support Levels: The strong support is visible near 96,150 USDT, as it marked the recent low before the price recovery.

Moving Averages: Likely bullish crossover (though indicators like MA or EMA aren't enabled in this chart).

Conclusion:

BTC is currently in a short-term uptrend, recovering from a recent low. If the momentum sustains, it could test and potentially break the 102,700 USDT resistance.

Traders should monitor volume and price action near key levels to anticipate further movement.

#BTC #btcupdates
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Bitcoin Could Hit $48K in Days, Propelled by Historic Chinese New Year Gains 🎎Bitcoin targets $48,000 in the short term fueled by a strong historic track record around the Chinese New Year, 10X Research's Markus Thielen said.BTC could hit $52,000 by mid-March with the bull run peaking in 2025, Thielen added.Bitcoin (BTC) is headed towards $48,000 in the short term after its breakout fueled by a strong track record of gains around the Chinese New Year celebration, according to Markus Thielen, head of research at Matrixport and founder of 10x Research."The next few days are of paramount statistical importance as bitcoin tends to rally by +11% around Chinese New Year, starting on February 10 (Saturday)," Thielen wrote in a Thursday report. "During the last 9 years, Bitcoin has been up every time traders would have bought bitcoin 3 days before and sold it ten days after the start of the Chinese New Year."The largest crypto by market capitalization surged past $45,000 Thursday after yesterday clearing a key resistance level around $44,000, which had been capping prices since the spot ETFs began trading in the U.S. about four weeks ago.Thielen described the breakout as "very important" in that it marked the end of a corrective period that saw BTC decline to $38,500 in late January. "This opens the door to our shorter-term target of $48,000," Thielen added.Bitcoin to $52,000 by mid-MarchLooking further ahead, Thielen forecasted further upside for bitcoin based on Elliott Wave theory, a technical analysis that assumes that prices move in repetitive wave patterns. Price trends develop in five stages, according to the theory, of which waves 1, 3, and 5 are "impulse waves" representing the main trend. Waves 2 and 4 are retracements between the impulsive price action. BTC completed its wave 4 retracement by correcting to $38,500, according to Thielen, and has now entered its last, fifth impulsive stage of this uptrend targeting $52,000 by mid-March.#Write2Earn #TradeNTell #btcupdates
Bitcoin Could Hit $48K in Days, Propelled by Historic Chinese New Year Gains 🎎Bitcoin targets $48,000 in the short term fueled by a strong historic track record around the Chinese New Year, 10X Research's Markus Thielen said.BTC could hit $52,000 by mid-March with the bull run peaking in 2025, Thielen added.Bitcoin (BTC) is headed towards $48,000 in the short term after its breakout fueled by a strong track record of gains around the Chinese New Year celebration, according to Markus Thielen, head of research at Matrixport and founder of 10x Research."The next few days are of paramount statistical importance as bitcoin tends to rally by +11% around Chinese New Year, starting on February 10 (Saturday)," Thielen wrote in a Thursday report. "During the last 9 years, Bitcoin has been up every time traders would have bought bitcoin 3 days before and sold it ten days after the start of the Chinese New Year."The largest crypto by market capitalization surged past $45,000 Thursday after yesterday clearing a key resistance level around $44,000, which had been capping prices since the spot ETFs began trading in the U.S. about four weeks ago.Thielen described the breakout as "very important" in that it marked the end of a corrective period that saw BTC decline to $38,500 in late January. "This opens the door to our shorter-term target of $48,000," Thielen added.Bitcoin to $52,000 by mid-MarchLooking further ahead, Thielen forecasted further upside for bitcoin based on Elliott Wave theory, a technical analysis that assumes that prices move in repetitive wave patterns. Price trends develop in five stages, according to the theory, of which waves 1, 3, and 5 are "impulse waves" representing the main trend. Waves 2 and 4 are retracements between the impulsive price action. BTC completed its wave 4 retracement by correcting to $38,500, according to Thielen, and has now entered its last, fifth impulsive stage of this uptrend targeting $52,000 by mid-March.#Write2Earn #TradeNTell #btcupdates
#BTC slides below the Major Support Zone now and turned it into the Major Resistance now. Price given a sharp closing below the strongly, expected to reach out the next support zone of $38,000. Before that a retest is expected back tot major level before going any lower. This week, the weekly candle will play an important role for the market. #TradeNTell #Crypto2024 #btcupdates
#BTC slides below the Major Support Zone now and turned it into the Major Resistance now. Price given a sharp closing below the strongly, expected to reach out the next support zone of $38,000. Before that a retest is expected back tot major level before going any lower. This week, the weekly candle will play an important role for the market.

#TradeNTell #Crypto2024 #btcupdates
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