IIn my previous post, I mentioned that the market could potentially reach $100K, and I also warned of sharp volatility in that region. As expected, the market responded accordingly. Over the last 8 years or so, we've repeatedly heard predictions that Bitcoin would hit $100K, and now it has, much to the delight of HODLers. The big question now is: What’s next? Where are we heading? I have my reservations about the entire crypto space, and while I might upset some people, these are just my personal opinions on Bitcoin. To get back to basics, Bitcoin was launched as an alternative to traditional fiat currencies, with a goal of providing a decentralized, transparent, and secure system for transferring value. It was also designed to resist inflation (thanks to its fixed supply) and to give individuals more control over their wealth, without relying on banks or government institutions. So, if Bitcoin was created as an alternative to fiat, how do we explain its rising price? It doesn’t quite add up. The truth is, despite Bitcoin’s origins as an alternative to fiat currencies, its price is largely driven by a mix of demand as a store of value, speculation, institutional adoption, and broader economic factors. Bitcoin is no longer just a currency; it’s become a speculative asset without any underlying physical backing. The fact that Bitcoin reached $100K isn’t up for debate, but the real question is: How many people actually profited from this rally? In reality, like most markets, only about 30% of participants likely made money. 20% probably missed the rally altogether, and the remaining 50% likely bought in at the peak. As for where the market is headed next, time will tell. However, in my opinion, Bitcoin remains a highly dangerous instrument to trade. Good luck to all those involved.
GBPJPY Buy following the trendline confluence with the EMA reaction support zone and the old price rejection zone around 191.100. According to the Elliot wave pattern this is the end of the abc correction wave and the h1 candle closing price reaction shows bullish force. this is a great opportunity for a buy signal
the stock is continuing its uptrend and after making Cup and handle formation, successfully broke out the handle, if it posted daily closing above 444, the stock is likely to test its cup and handle projection of 590 which is a good return of ~32% with a SL of 360, as per trade plan, entry should be made at 444, with TP1 of Rs. 528 and TP2 of 612, however, as per Cup and Handle projections, one can close the trade around 590 levels.
an hour ago it broke a resistance level from previous buy patterns, now just retesting
BSE Ltd on the daily timeframe demonstrated exceptional performance, achieving all targets and exceeding expectations with a massive 108% gain in just 123 days. This trade was accurately identified using the Risological Swing Trading Indicator. BSE Key Levels: TP1: 2781.30 ✅ TP2: 3075.00 ✅ TP3: 3368.70 ✅ TP4: 3550.20 ✅ Technical Analysis: The entry point was perfectly timed at 2599.80, with a tightly managed stop-loss at 2452.95 to minimize risk. BSE followed a robust bullish trend, crossing the Risological trend line early and sustaining momentum throughout the trade. With all targets achieved, the stock's explosive breakout reaffirms the effectiveness of the Risological Swing Trading Indicator in capturing high-momentum moves. Traders leveraging this setup could capitalize on significant gains while maintaining discipline with predefined stop-loss and take-profit levels.
This is my opinion on ADA NFA, be careful and stay humble
https://www.tradingview.com/x/f69b51V6/ Based on the chart and the provided information about the **BAKE/USDT** pair, here is a detailed analysis: ### Technical Overview: 1. **Fibonacci Retracement**: - **0.618 (5.19 USD)** is a critical resistance level and an achievable target in a bullish scenario. - **1.618 (13.59 USD)** represents a more ambitious goal, requiring strong bullish momentum. - **2.618 (21 USD)** is an optimistic target, dependent on favorable market conditions and significant buyer demand. 2. **Historical Data**: - **Previous ATH**: 8.48 USD (a strong psychological resistance level). - **Current Price**: 0.4216 USD. Achieving the ATH would require a ~1900% increase. 3. **Total Supply**: 289 million coins is a relatively low supply, which can support price appreciation if demand rises. 4. **Trading Volume**: The trading volume has increased to 32 million USD, reflecting growing interest, which is a positive short-term catalyst. ### Fundamental Analysis: - **Market Sentiment**: If Bitcoin and major cryptocurrencies maintain an uptrend, altcoins like BAKE are likely to follow. - **Utility**: The coin's demand depends heavily on its use case within its ecosystem. - **Competition**: BAKE's success will also rely on how well it competes with similar projects in the DeFi or NFT space. ### Price Possibilities: 1. **0.618 (5.19 USD)**: - Probability: **30%-40%** (requires a broad market rally and increased investor confidence). 2. **1.618 (13.59 USD)**: - Probability: **15%-20%** (requires sustained momentum and strong fundamentals). 3. **2.618 (21 USD)**: - Probability: **5%-10%** (highly optimistic, depends on a major bull run and significant adoption). ### Chances of Surpassing the ATH: - **Overall Probability**: ~25%-30% within the next 1-2 years, contingent on a strong bull market and favorable macroeconomic conditions. ### Conclusion: BAKE has reasonable chances to reach the **0.618 level (5.19 USD)** during an extended bull market. However, surpassing its previous ATH of 8.48 USD and targeting **13-21 USD** will require exceptional market performance and substantial demand growth. https://www.binance.com/en/square/post/17192593425361 BINANCE:BAKEUSDT
VET: Sehe hier eine große Wahrscheinlichkeit dass wir in den Bereich nochmal eintauchen. Beste Möglichkeit um nachzukaufen bzw einzusteigen. Ich setzte hier keine Nachkauforder, da ich weiter drunter eingestiegen bin. warte mal ab obs dann noch tiefer geht, oder bei einer bullishen Confirmation werd ich größer nachkaufen.
IOTX: Hier ist sofar ein unterschreiten des 200EMA denkbar. Hat dies in der Vergangenheit auch schon gemacht. ist jedoch dann relativ schnell wieder nach oben gegangen
HBAR: Hatte hier schon mal vorher was eingezeichnet. Die Möglichkeit auf einen Rücksetzter Richtung 200EMA wird immer wahrscheinlicher. Hier sehe ich auf jeden Fall eine Nachkauf- bzw Einstiegsmöglichkeit.