Wonder Princess
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Analysis of Bitcoin price trend in the next 24 hours
#BTCOutlook
Chart analysis and indicators:
1. Current price level: The price of BTC/USDT is at 97,386.45, with a 24-hour trading range from 92,520.00 to 97,741.88. The price has risen sharply near the highest level in the past 24 hours.
2. Trading volume (Vol): Trading volume has gradually increased in recent candles, especially during the strong rise. This shows strong buying force and active market participation.
Chart analysis and indicators:
1. Current price level: The price of BTC/USDT is at 97,386.45, with a 24-hour trading range from 92,520.00 to 97,741.88. The price has risen sharply near the highest level in the past 24 hours.
2. Trading volume (Vol): Trading volume has gradually increased in recent candles, especially during the strong rise. This shows strong buying force and active market participation.
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Analysis of Bitcoin price volatility trends in the next 24 hours
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#BTCOutlook #BTC
Technical trend analysis
1. Moving Average (MA):
MA(7) (gold line): The current price is fluctuating below the MA(7), indicating that selling pressure remains dominant in the short term.
MA(25) and MA(99) (pink and purple lines): The overall trend is leaning bearish as the price remains below both long-term moving averages, reflecting negative market sentiment.
2. Trading volume (Volume):
#BTCOutlook #BTC
Technical trend analysis
1. Moving Average (MA):
MA(7) (gold line): The current price is fluctuating below the MA(7), indicating that selling pressure remains dominant in the short term.
MA(25) and MA(99) (pink and purple lines): The overall trend is leaning bearish as the price remains below both long-term moving averages, reflecting negative market sentiment.
2. Trading volume (Volume):
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BTC Price Trend in the Next 24 Hours
#BTCOutlook #BTC
Based on the BTC/USDT price chart, here is the assessment of Bitcoin's price trend for the next day:
Technical analysis of Bitcoin price trends
1. Moving Average (MA):
MA(7) (gold line): The current price is fluctuating below the MA(7) line, indicating that selling pressure is still dominant.
MA(25) and MA(99) (pink and purple lines): The overall trend in the short-term and medium-term timeframe shows weakness as the price is below the long-term MA lines.
Based on the BTC/USDT price chart, here is the assessment of Bitcoin's price trend for the next day:
Technical analysis of Bitcoin price trends
1. Moving Average (MA):
MA(7) (gold line): The current price is fluctuating below the MA(7) line, indicating that selling pressure is still dominant.
MA(25) and MA(99) (pink and purple lines): The overall trend in the short-term and medium-term timeframe shows weakness as the price is below the long-term MA lines.
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Some reasons for the decline in BTC price over the past 2 days
#BTCOutlook #BTC
In the past two days, the price of Bitcoin has experienced a sharp decline, raising concerns in the cryptocurrency investment community. Below are some key reasons for this decline:
1. Statement from the Federal Reserve: On December 18, 2024, Fed Chairman Jerome Powell stated that the agency is not allowed to own Bitcoin and has no intention of changing the law to do so. This statement has lowered investors' expectations that the Fed will accumulate Bitcoin, leading to negative sentiment in the market.
In the past two days, the price of Bitcoin has experienced a sharp decline, raising concerns in the cryptocurrency investment community. Below are some key reasons for this decline:
1. Statement from the Federal Reserve: On December 18, 2024, Fed Chairman Jerome Powell stated that the agency is not allowed to own Bitcoin and has no intention of changing the law to do so. This statement has lowered investors' expectations that the Fed will accumulate Bitcoin, leading to negative sentiment in the market.
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I know that if I brag at this moment, many people will come in and scold me 𼚠but never mind, let's show off first and figure it out later đ
Yesterday, I saw everywhere shouting about the 8x collapse and the stone goods collapsing, while we encouraged each other to buy in, stay still, and not sell... Our group doesn't call trades or press long or short. It's just a bunch of people holding spot. Everyone buys their own assets, manages their own money, gathering together to get through corrections like yesterday. We encourage each other not to sell at the bottom and not to fomo at the top.
Thank you all for supporting me in every post. I sometimes stay underwater for a long time, but during a crisis, I will definitely pop up to remind you all. Today, I just want to show off a bit and then dive back down as there's nothing special đ
For details, please read the comments below!
Yesterday, I saw everywhere shouting about the 8x collapse and the stone goods collapsing, while we encouraged each other to buy in, stay still, and not sell... Our group doesn't call trades or press long or short. It's just a bunch of people holding spot. Everyone buys their own assets, manages their own money, gathering together to get through corrections like yesterday. We encourage each other not to sell at the bottom and not to fomo at the top.
Thank you all for supporting me in every post. I sometimes stay underwater for a long time, but during a crisis, I will definitely pop up to remind you all. Today, I just want to show off a bit and then dive back down as there's nothing special đ
For details, please read the comments below!
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Stay calm, stay alert.
Losing in an uptrend!
Everyone wants to get rich, but no one wants to get rich slowly; they only want to get rich quickly. They trade to optimize their accounts, shorting during short-term corrections to make money right away during a decline. They always want to earn money, not letting their money rest, not allowing their bodies to rest, must place orders, hold positions, always having orders in place. Or they hold onto coins that donât increase much, but when they see others skyrocketing, they jump in to chase.
This mindset will kill you in the market. Why would you short in a bull market, when the corrections are very slight and the upward movements are tremendous? Why optimize and jump into coins that have already quadrupled or quintupled, only to wither away in an uptrend?
The root cause here is greed, envy, and ignorance. You may be making a profit, but you will feel angry if someone next to you makes more than you. In an uptrend, they flaunt their x5 or x10 profits all over social media, and you feel compelled to earn more, to satisfy your competitive and envious nature. It is on this emotional foundation that we make wrong decisions. And when the mindset is wrong, itâs like a line of dominoes; when one falls, all will collapse.
In investing, money comes from tranquility, not from being overly active. If you uproot a tree before it bears fruit and plant another, when will you ever enjoy the sweet fruit? If you are in this situation, take a moment to reflect.
I wish you all to earn a lot of money!
Follow the Captain, everyone.
$BTC $APT $ARB
Everyone wants to get rich, but no one wants to get rich slowly; they only want to get rich quickly. They trade to optimize their accounts, shorting during short-term corrections to make money right away during a decline. They always want to earn money, not letting their money rest, not allowing their bodies to rest, must place orders, hold positions, always having orders in place. Or they hold onto coins that donât increase much, but when they see others skyrocketing, they jump in to chase.
This mindset will kill you in the market. Why would you short in a bull market, when the corrections are very slight and the upward movements are tremendous? Why optimize and jump into coins that have already quadrupled or quintupled, only to wither away in an uptrend?
The root cause here is greed, envy, and ignorance. You may be making a profit, but you will feel angry if someone next to you makes more than you. In an uptrend, they flaunt their x5 or x10 profits all over social media, and you feel compelled to earn more, to satisfy your competitive and envious nature. It is on this emotional foundation that we make wrong decisions. And when the mindset is wrong, itâs like a line of dominoes; when one falls, all will collapse.
In investing, money comes from tranquility, not from being overly active. If you uproot a tree before it bears fruit and plant another, when will you ever enjoy the sweet fruit? If you are in this situation, take a moment to reflect.
I wish you all to earn a lot of money!
Follow the Captain, everyone.
$BTC $APT $ARB