DECRYPTING THE TETHER FUD: Emergency Update!DECRYPTING THE TETHER FUD: WHAT IT MEANS AND HOW TO STAY PREPARED
##What’s Happening with Tether? A Simple Breakdown
Tether (USDT), the most popular stablecoin, is facing challenges in Europe due to new rules called Markets in Crypto-Assets (MiCA). These rules, starting December 30, 2024, require stablecoin issuers like Tether to follow strict guidelines, including getting an e-money license. If Tether doesn’t comply, it could be removed from European exchanges.
## Why Does This Matter?
- Less Liquidity: Tether is a major player in crypto trading. Losing it in Europe could make trading harder and more expensive.
- Market Panic: Big news like this can make investors nervous, possibly leading to a drop in prices across the market.
## What is Tether Saying?
Tether’s CEO, Paolo Ardoino, says this is all part of a “FUD campaign” (Fear, Uncertainty, and Doubt). He insists that Tether is working on meeting the rules and staying transparent.
## What Should You Do?
1. Spread Your Risk: Don’t rely only on Tether. Try using other stablecoins like USDC or DAI.
2. Stay Informed: Keep an eye on updates about Tether’s progress with the new rules.
3. Plan Ahead: Check which exchanges and trading pairs you can use if Tether faces restrictions.
---
The Bottom Line
Tether’s situation is serious, but there’s no need to panic. By diversifying and staying alert, you can protect yourself while the crypto market adapts to these changes.
Though these kinds of Tether fuds are generally considered to be the catalyst of altseasons, this could be the best time to be prepared.
If you have any serious questions, my comments are open, I will read you.
If you found this helpful, please hit that like button and share your views in the comments.
Thank you
#PEACE
1-BTCUSD
BTC pullback before inauguration?Merryy Christmas guys and upcoming New Year!
Seems like we gonna meet New Year w BTC lower than100k...
Looks a bit scary, but here is in short what we have:
1) Daily MA cross. Which is bearish sign
2) Divergence between raising BTC channel and volumes
3) If the price will follow the red line move, it will form double top pattern 🥲
My expectations: I think we could correct to Fib zone around 0,236 (87k zone) and after we should check. But anyway seems like correction should happen before to continue growing and this we most likely gonna see after inauguration.
What you think guys? Help me dispel this scary picture 😅
Bitcoin Battles Between Key Support and Resistance – What’s NextBitcoin is currently trading near $94,500, resting on a strong confluence of support. The price is testing the 100 EMA on the 12-hour chart, which aligns with a critical horizontal support zone around $93,000. At the same time, a descending trendline is acting as resistance, keeping the price under pressure.
A breakdown below the marked support zone could trigger a sharp decline toward the next significant level around $88,000. On the other hand, if BTC holds this support and breaks above the descending trendline, it could signal a bullish reversal, pushing the price back toward $98,000 and potentially higher.
#BTC/USDT Urgent Update. If you like money, Read This!Welcome to this quick update, everyone!
Bitcoin (BTC) is currently trading at around $98,400 at the time of writing.
BTC is making a **bearish retest of the 21EMA** on the daily chart, which is a crucial indicator for identifying short-term trends. This is particularly significant for traders involved in futures and options within the crypto market.
- Break above the 21EMA is bullish.
- BTC is also retesting the previously broken pennant pattern to the downside.
If you're feeling FOMO (fear of missing out), it's better to wait until BTC reclaims the Blue EMA and trades back inside the channel/pennant.
If these two levels are recovered, we could anticipate a new all-time high (ATH). However, until that happens, exercise caution. Trading volume is exceptionally low across exchanges, and it's worth noting that during holiday seasons, market makers often exploit these conditions to manipulate prices, leaving retail traders at a disadvantage.
While you're free to make your own decisions, my advice is to trade with confirmations. This approach provides an edge and makes holding positions more comfortable while effectively managing risk.
If you found this analysis and chart helpful, please hit the like button to show your support and feel free to share your views in the comments section.
Thank you!
#PEACE
Trading plan for Bitcoin price for Christmas & New Year holidays🎄 Christmas and New Year's holidays are coming up, and we congratulate you on that!)
We survived, even earned a little, so thank you for that)
Currently, the CRYPTOCAP:BTC price has been stopped on "the verge of a foul", but the holidays will lead to a decrease in business activity and an increase in “manipulative volatility.”
So, to follow the behavior of the OKX:BTCUSDT price, subscribe to this idea!
A big temptation is to “break the stops” of #Bitcoin, which are hiding below $85k, and an even bigger temptation is to close the GAP on the CME BTC chart in the range of $77-78k.
And there are several other options for the development of events by combining the BTC.D and USDT.D indices, but I'm too lazy to write about it yet)
⁉️ But if you are interested in us writing “voluminous reflections”, like at the end of 2022 before the start of super growth with plans for 2023-25, which are working out very well👇
then we need inspiration from you in the form of reactions and comments here and maybe a miracle will happen, the main thing is to believe in it!)
BTC shows a 6% potential in the last 3 days of 2024.It seems we are back to the initial thesis, which is great since we already profited from the previous trade entry. Now, it feels like we’re seeing the same situation unfold again. Key indicators such as the Bollinger Bands, the 50-day moving average, the volume spikes from November 13th, sufficient corrections, and the support lines are all aligning similarly.
On a fundamental note, I’d like to add the following: with just three days left until the end of 2024, there’s the “Santa Rally” phenomenon, along with the prevailing sentiment in crypto communities that it would be exciting to close the year with BTC reaching $100k. Such a milestone could act as a psychological boost, potentially fueling a strong movement for the entirety of 2025.
The $100k level is also a significant psychological barrier. Taking all this into account, I believe this is a good opportunity to enter a position with the potential for short-term profit—up to 6%—over the next few days.
However, we need to take into account the 80% correlation with the S&P 500, which is currently at its peak levels. That said, hedge funds and institutional investors are closing deals to meet their KPIs, which could provide additional support.
Hopefully, this will sustain the overall positive vibe for the last 3 days of the year.
Yours sincerely,
Mister iM
Tide Turning For Bitcoin? Reserves And Netflows Show ReversalBitcoin, the world's first and most well-known cryptocurrency, has experienced a rollercoaster ride since its inception. From its meteoric rise to its dramatic crashes, Bitcoin has remained a topic of fascination and debate for investors and financial analysts alike. In recent times, several factors have contributed to a sense of uncertainty surrounding Bitcoin's future, including regulatory scrutiny, market volatility, and concerns about its environmental impact. However, recent developments, such as increasing institutional adoption and positive netflows, suggest that the tide may be turning for Bitcoin.
Bitcoin Institutional Adoption Accelerates as ETFs Show Investor Appetite
One of the most significant indicators of Bitcoin's growing acceptance is the increasing interest from institutional investors. Traditionally, institutional investors have been hesitant to invest in Bitcoin due to its volatile nature and lack of regulatory clarity. However, as the cryptocurrency market matures and regulatory frameworks become clearer, more and more institutions are beginning to see the potential of Bitcoin as an investment asset.
This growing institutional interest is reflected in the recent surge in for Bitcoin exchange-traded funds (ETFs). ETFs are investment funds that track an underlying asset, such as a stock index or a commodity. They offer investors a convenient way to gain exposure to an asset without having to directly own it.
Recent Reserves and Netflows Indicate Market Reversal
In addition to increasing institutional adoption, recent data on Bitcoin reserves and netflows also suggest that the market may be reversing. Bitcoin reserves refer to the amount of Bitcoin held on cryptocurrency exchanges. A decrease in Bitcoin reserves indicates that investors are withdrawing their Bitcoin from exchanges, which is often a sign of accumulation and a bullish signal.
Netflows, on the other hand, refer to the difference between the amount of Bitcoin entering and leaving exchanges. Positive netflows indicate that more Bitcoin is entering exchanges than leaving, which can be a sign of selling pressure and a bearish signal.
Recent data shows that Bitcoin reserves have been declining, while netflows have turned positive. This combination of factors suggests that investors are accumulating Bitcoin and that selling pressure is decreasing. These are both positive signs for the Bitcoin market and could indicate that a reversal is underway.
Bitcoin Price Analysis: Navigating Volatility and Key Levels
Despite these positive developments, Bitcoin's price remains volatile and subject to market fluctuations
It has been noted a potential 'head and shoulders' pattern, a bearish technical indicator, which could lead to a significant price drop. This pattern suggests that Bitcoin's price could fall to as low as $80,000.
However, there maintain a more bullish outlook, emphasizing the importance of the $90,000 level. It is argued that if Bitcoin can maintain this level, it could pave the way for further price appreciation. Conversely, if Bitcoin fails to hold this level, it could trigger a sell-off and push the price down to $80,000.
Conclusion: A Cautious but Optimistic Outlook for Bitcoin
In conclusion, several recent developments suggest that the tide may be turning for Bitcoin. Increasing institutional adoption, as evidenced by the surge in Bitcoin ETF filings, indicates a growing acceptance of Bitcoin as an investment asset. Positive netflows and declining reserves further support this notion, suggesting that investors are accumulating Bitcoin and that selling pressure is decreasing.
However, it is important to remain cautious. Bitcoin's price remains volatile, and various factors could impact its future performance.13 The cryptocurrency market is still relatively young and subject to regulatory changes, technological advancements, and shifts in investor sentiment.
Therefore, while the recent developments are encouraging, it is crucial to approach Bitcoin with a balanced perspective. Investors should conduct thorough research, understand the risks involved, and make informed decisions based on their individual circumstances and risk tolerance.
Overall, the outlook for Bitcoin appears cautiously optimistic. The increasing institutional adoption, positive netflows, and declining reserves suggest that the market may be reversing. However, it is important to remain vigilant and adapt to the ever-changing dynamics of the cryptocurrency market.
BTC is approaching the 99,000 resistance zone,BITSTAMP:BTCUSD BTC is approaching the 99,000 resistance zone, where selling pressure could emerge. If this level holds, the downside target remains at 86,000, which aligns with a significant support level. Keep an eye on price action and momentum indicators for confirmation before entering a position.
Entry Position:
- **Sell Entry:** Around 98,900–99,100 (to account for potential resistance zone fluctuations).
Stop Loss:
- **Stop Loss:** 99,600 (above the resistance zone to manage risk).
Target:
- **Take Profit:** 86,000 (key support zone).
Risk-Reward Ratio:
- Ensure the risk-to-reward ratio is at least 1:2 to maintain a favorable trading setup. Adjust your position size accordingly.
Keep monitoring for bearish confirmation signals (e.g., rejection wicks, bearish divergence, or a breakdown of intraday support).
Bitcoin Faces Key Test: Will It Bounce or Drop to $85K?#Bitcoin is staying above the 0.236 Fibonacci retracement level at $94,300, with the 50-day moving average near $93,000 providing support.
If these levels hold, CRYPTOCAP:BTC could start moving up again toward $108,000. But if it drops below, it might fall to the 0.382 Fibonacci level at $85,600.
Watch these key levels for Bitcoin's next move!
DYOR, NFA
#Crypto
BTC Gaining StrengthOn the 4hr timeframe BTC shows increasing momentum with price making higher lows, and RSI making higher lows - both an indication of gaining momentum.
On the daily timeframe BTC shows hidden bullish divergence as price is making higher lows, while RSI shows lower lows.
Both timeframes point towards an indication that we could be at bottom already.
Get ready for a new year rally!
bitcoin dips below 60kbitcoin dips below 60k, but we're unfazed.
i see this playing out as we move into the depths of winter,,,
this crypto winter ❄️
why would this happen, you ask?
the answer is simple: a stop-loss raid.
a sharp wave 4 designed to shake out weak hands.
distribution may have already started, hypothetically speaking, but it'll take the rest of the year to unfold.
think of it like the jan 2021 -> april 2021 vibe, only on a slightly higher degree and timeframe.
---
take note of the highlighted wave 2's and wave 4's on my chart.
what i'm illustrating is "the law of alternation," which states:
if wave 2 is flat, wave 4 will be sharp, and vice versa.
all the wave 2's in this cycle have been flats,
so by design, all of our wave 4's are set to be sharps.
this fits neatly into the larger cycle:
sharp retracements triggered by over-leveraged positions,
yet consistently bought up thanks to strong demand.
with each sharp retracement, however, the upward moves become smaller,
as momentum gradually fades.
---
w4 target: below 60k
w5 target: between 150k-200k (conservatively).
---
ps. i have recently shared a much more bullish idea via:
Bitcoin at a Crossroads: Testing Key TrendlinesBitcoin’s current price action places it at a decisive technical level, where historical and recent trendlines converge. This area holds significant implications for the future direction of the market.
🔍 Key Observations from the Chart
The Two Trendlines in Focus
Old Trendline: This line, originating from the previous bull market, acts as a critical long-term support. Its historical significance makes it a widely-watched level for market participants.
Young Trendline: This trendline represents the momentum of the latest bullish recovery. A break here could signal a potential shift in sentiment.
Liquidity Cluster Around $92,500
A clear liquidity zone lies just below the current price. Such zones often attract price action as market makers seek to clear stop-losses or gather liquidity before determining the next move.
Imbalance Zones Below
Imbalances between $85,000 and $70,500 are visible on the chart. These areas represent inefficiencies in price action that could serve as potential targets if support levels fail.
🎯 Levels to Monitor
Support Levels:
Young Trendline (~$93,800): The first line of defense for bulls.
Old Trendline (~$93,800): A breach here would signal a deeper retracement.
Liquidity and Imbalance Targets:
Liquidity Zone: $93,000-$92,000.
Imbalance Zone 1: $85,000–$81,600.
Imbalance Zone 2: $74,400–$70,600.
Resistance Levels:
If BTC bounces, watch for reactions near $98,000 and $100,000 as short-term resistance.
🤔 What Could Happen Next?
Scenario 1: Support Holds
If the trendlines hold, BTC could see a recovery toward $98,000 or higher, maintaining its bullish structure.
Scenario 2: Break Below Support
A loss of the young and old trendlines may lead to a retest of the liquidity zone at $92,500.
If this level fails, the imbalance zones below become the next logical targets.
Volatility Ahead
With price so close to these key levels, whale activity and stop-hunting wicks are likely. Traders should prepare for possible fakeouts before the true direction becomes clear.
⚡ Key Takeaway
Bitcoin’s position near these converging trendlines makes this a crucial moment. Whether the supports hold or price dips to fill lower imbalances, the upcoming moves will provide important clues about market sentiment heading into the new year.
Patience and risk management are essential in this environment. Stay neutral, observe the price reaction to these levels, and let the market reveal its hand.
BTC - All long-term Bitcoin targets!INDEX:BTCUSD All long-term Bitcoin targets are shown.
In my opinion, the most important support ahead will be the $78,000-$80,000 range, as it meets two curves at the same time.
If the $78,000 support level is broken, the probability of a long-term price correction increases. That is, the price can correct to the $50,000 or $30,000 supports.
But in the short term, the current price stop loss can be $92,900.
If it breaks, it can reach the $88,000 range, then an upward correction, and then a correction to the $78,000-$80,000 range.
If the price rises above the current level, after breaking the $106,600 price level, the upward trend will continue.
The ultimate long-term Bitcoin price target can be around $2 million.
Support me by following, boosting, and commenting.
Bitcoin Hidden Head and Shoulder
Bitcoin has a hidden head and shoulders pattern with a high set and a lower high. Watch for the neckline to confirm with a close. My first measured target is the 76K-77K region, which has a gap for futures. However, I believe the final target is around November 5th, near the election day area.
BTC short-term rebound under pressureBTC is currently in a downward channel adjustment. The double top of 100,000 points is under pressure. If it breaks above here, the short-term trend of BTC will turn from weak to strong.
The short-term level narrow range breaks down and rebounds to repair. The short-term resistance above is 97,600, which is also the pressure level on the upper edge of the upward channel. The short-term support below is 95,000. If this position breaks down, the price will test the 92,500 line.
On the current trend, BTC’s short-term rebound has offset the shrinkage. The upper range is suppressed in a narrow range. In terms of operation, it is still mainly rebounding and shorting.
Exploring the Connection Between Bitcoin and Holiday MarketHello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Bitcoin , 📚🎇
In recent years, it has become a common pattern to see brief downward corrections in the cryptocurrency market, particularly during the holiday season or year-end period. This behavior is a normal part of market cycles and does not undermine the overall validity of the ongoing bull market. 📚✨
From a technical standpoint, minor pullbacks, often reflected in red candlesticks, are essential for maintaining healthy market momentum and facilitating further growth. These corrections allow for market consolidation, preventing overextension. 📚✨
Exclusively observing an uninterrupted string of green candles could indicate an unsustainable rally, potentially leading to a more severe correction down the line. Consequently, these brief periods of downside are necessary for long-term market stability and profitability. 📚🎇
🧨 O ur team's main opinion is: 🧨
Recent market behavior shows that short-term downward corrections, especially during the holiday season, are common and part of a healthy cycle in the ongoing bull market. These brief pullbacks are necessary for maintaining momentum and preventing an unsustainable rally. 🎇
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
The U.S. Dollar Index may be approaching a potential buy zoneHere’s a more detailed version of your DXY trading plan:
DXY Trading Plan**
Buy Zone:**
Enter a buy position around **107.900**, but only after confirming bullish price action (e.g., rejection wicks, strong bullish candles, or signs of support holding firmly).
Targets:**
- First Target:** **108.200** – A key resistance level. Consider partial profit-taking or setting a tighter trailing stop here.
- Third Target:**108.500** – If **108.200** breaks out with strong bullish momentum, hold for this higher resistance level as your final target.
Risk Management:**
- Stop-Loss:** Place your stop-loss slightly below **107.800** to protect against sudden reversals.
- Close Trade:** If the price at **107.900** fails to hold or shows signs of weakness, exit the trade to limit losses.
position Sizing:** Keep your risk-to-reward ratio in check, aiming for at least 1:2 (or higher).
What to Watch For:**
- **Confirmation Signals at 107.900:** Look for bullish candlestick patterns like hammer candles or engulfing patterns.
- **Momentum Around 108.200:** Pay attention to price reactions at this level. If DXY struggles here, consider securing profits or exiting.
- **Market Context:** Keep an eye on macroeconomic data, news, or events impacting the dollar index, as these can shift momentum quickly.
**Additional Tip:**
If the price nears **108.200**, move your stop-loss to breakeven or slightly above **107.900** to secure your position while giving the trade room to breathe.
TVC:DXY