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DOUBLE-DIGIT DROP IN BITCOIN PROFIT-TAKING METRIC HINTS THAT BTC IS ‘READY’ TO RALLY — ANALYST

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✍️ Bitcoin's price dropped below $105,000 after making a new all-time high, but a crypto analyst sees a bullish scenario taking shape with long-term holders positioning for future gains.

👉 Bitcoin's price dropped below $105,000 after making a new all-time high 👉 Long-term holders are positioning for future gains 👉 Profit-taking has cooled down significantly 👉 Long-term holders have realized most of their profits 👉 The market is in a neutral position, neither overbought nor oversold

-- #Percival #YonseiDent #DaanCrypto #technology

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Percival Yonsei Dent Daan Crypto technology Technology:perspective

12/18/2024

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TRADERS WATCH DOGE, SUI, PEPE AND FTM AS BITCOIN RANGE TRADES NEAR $100K

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✍️ Bitcoin's price is stuck at the $100,000 level, with analysts divided on whether it will break out or consolidate. Meanwhile, other cryptocurrencies like Dogecoin, Sui, Pepe, and Fantom are showing varying degrees of strength.

👉 Bitcoin's price is stuck at the $100,000 level 👉 Analysts are divided on whether the price will break out or consolidate 👉 Dogecoin is rising inside an ascending channel pattern 👉 Sui is facing resistance near $4.50 👉 Pepe has reached the overhead resistance of $0.000027 👉 Fantom broke above the $1.23 overhead resistance

-- #Percival #QuintenFrançois #FelixHartmann #technology

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Percival Quinten François Felix Hartmann technology Technology:perspective

12/8/2024

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CURRENT BITCOIN PRICE CEILING PROJECTED AT $135K — KI YOUNG JU

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✍️ CryptoQuant CEO Ki Young Ju revises Bitcoin price prediction to $135,000 with a 2024 target of $112,000, citing capital flows and overleveraged markets.

👉 Ki Young Ju revises Bitcoin price prediction to $135,000 with a 2024 target of $112,000 👉 Capital flows into the Bitcoin market support these price predictions 👉 Overleveraged markets may lead to corrections 👉 Traders should be cautious with leverage 👉 Other analysts offer varying predictions, including a potential correction to $70,000

-- #KiYoungJu #Percival #BaroVirtual #ThomasFahrer #mainstream #technology

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Ki Young Ju Percival BaroVirtual Thomas Fahrer mainstream technology mainstream:perspective

11/17/2024

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BITCOIN LONG-TERM HOLDERS DO NOT SEE $90K 'AS AN ENEMY' — ANALYST

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✍️ Bitcoin long-term holders are taking profits as the price surpasses $90,000, with some analysts predicting it could reach $100,000 by the end of the year.

👉 Bitcoin long-term holders are taking profits as the price surpasses $90,000 👉 Some analysts predict the price could reach $100,000 by the end of the year 👉 Prominent Bitcoin supporters, including Michael Saylor and Ryan Lee, are predicting a price increase 👉 The price of Bitcoin has been consolidating between $53,000 and $72,000 for almost seven months