Solvery IG Predicts Bitcoin to Reach $105,000 by May 10, 2025The cryptocurrency market continues to surprise even the most seasoned investors. Against this backdrop, the analytical firm Solvery IG has released an ambitious forecast: according to their calculations, Bitcoin's price could reach $105,000 by May 10, 2025.
Factors Supporting Bitcoin's Growth
In recent months, the market has shown strong positive momentum. Several key factors have contributed to this trend:
Institutional Investments: Major banks, funds, and corporations are increasingly incorporating Bitcoin into their portfolios as a hedge against risks.
Macroeconomic Instability: Inflationary pressures and weakening fiat currencies are driving investors to seek alternative assets.
According to Solvery IG experts, it is the combination of these factors that creates a "perfect storm" for the continued growth of the leading cryptocurrency.
Analysis and Potential Risks
Despite the optimistic forecast, potential threats should not be overlooked. The cryptocurrency market remains highly volatile. Possible tightening of regulations in the U.S. and Europe, as well as sudden shifts in Federal Reserve policies, could exert downward pressure on the market.
Nevertheless, Solvery IG highlights a crucial technical point: according to their data, Bitcoin has successfully held above key support levels between $60,000 and $65,000. This indicates strong buyer sentiment and supports expectations for a continued upward trend.
The impact of the halving event, which occurred in April 2024, should also be taken into account. Historically, Bitcoin has shown significant growth 12–18 months following a halving, and the current market behavior aligns closely with these cyclical patterns.
What This Means for Investors
If Solvery IG’s forecast comes true, Bitcoin would achieve more than a 50% increase compared to current levels. This presents significant opportunities for long-term investors. However, experts advise exercising caution, diversifying risks, and avoiding allocating all funds to a single asset.
Cryptocurrencies remain high-risk instruments, and successful investing requires a deep understanding of the market and a realistic assessment of all potential scenarios.
Conclusion
Solvery IG’s prediction of Bitcoin reaching $105,000 by May 10, 2025, sounds promising, especially given the positive momentum in recent months. However, investors should always remember: high returns come with high risks.
Moneymaker
USDJPY 7/22/22 UpdateWe have USDJPY on daily chart that has been on a uptrend for a very long time and now it's looking like it reached its high level around the 139.400 and it's giving us the sign of a possible reversal coming up for the week.
There is the uptrend trendline it's been respecting, and it looks like we will be breaking the trendline indicating a huge sign of the sell opportunity coming up around the level of 134.700.
We can expect the breakout of the trendline and then a little pull back just to retest the support level I marked to see if it's strong enough to go back in the trendline making it a false breakout or simply just to pick up more orders around the support area and conform we have a big sell coming up.
I would highly recommend waiting until we see the pushback to the support area just to get that extra confirmation that in fact, we have the sell.
RSI Indicator & How To Use ItHello everyone, today, we´re gonna talk about an RSI and how to use it.
What is an RSI?
Basically, it´s an indicator that shows if the asset is overpriced or underpriced.
Basic information
RSI is 0-100
if the price is at 0-30, the asset is underpriced and theoretically it should go up.
if the price is at 70-100, the asset is overpriced and theoretically it should go down.
Professional information
You can set an MA based or RSI moves. And this is getting really interesting right now :)
Every time, the MA is touching bottoms or tops of RSI, it will go up or down (touch bottom = go up, touch top = go down.)
It works like an ball and floor. You just drop the ball on the floor and everytime the ball touches the floor, ball will just bounce and go up.
I drew it to the chart (green circles).
Okay guys, seems like we are in the end. Hope this helped you to make greater decisions and take good view at RSI.
Personally, I use RSI a lot and it´s really saving my a$$.
Thank you so much for reading my post, I´ll be really glad if you will hit that like button and follow me, so you can see other tutorials.
Have a nice rest of your day and stay safe.
Tommy.
Forex Analysis for GBP/USDLast week, I marked up the charts for the price to take out liquidity from the market and price have just completed its mission. Where NEXT? You might be asking the question. Understand market structure and just allow price action to tell the story. Liquidity has been grabbed from higher prices. Price trades down, so we expect price to do its thing. When all confluences are met on the low TF, we can then enter with confidence. Learn!
Ascending Triangle Breakout & Re-test COF recently broke out from an ascending triangle pattern and established a new higher high. So what's next?
I expect the price action to return to the previous resistance zone (highlighted in yellow) of the upper ascending triangle and find this zone as support, in turn establishing a new higher low. Long lower wicks on the 4H and D candles as the price enters this key area is a signal of bullish support, thus complimenting my thesis. I'll also be looking to achieve a fib retracement between 50 and 38 in addition to the 20, 60 and 120 MAs in sequence. The ultimate entry indicator for this set-up is for the price to stick above the 20 MA as the price enters the 50 and 38 fib retracement level while also entering the support zone. RSI will typically be between 60-70 during this period too and is another supporting technical indication that the support level will hold.
COF is in an uptrend supporting the swing long decision, always trade with the direction of the overall market. Plus healthy fundamentals and general economic market conditions, there's plenty of support to suggest COF will be prime for a swing long position by the end of the week into next week.
I'd look for an 8-11% increase from the support zone with a stop loss placed below the ascending triangle structure, aiming for a 1-3 risk-reward ratio where possible.
MKRUSD Heading Towards $3000+Taking a look at MKR on the daily time frame we can see that it is currently testing even with the February 2021 swing high level placed at the $2696 - $2837 zone.
During the last week of June and going into the start of this month, all the top cryptos sold off a bit to stop out the over-leveraged longs before moving back up. The bull run isn't over, it's just a matter of 'How and when' its going to come back. At the moment, the highest level of support is $2837 and the resistance level at $3100 has already been tested once.
This being said, the next true level of resistance is placed at the $3751 level and that is where I have my sell order placed for a 30% gain. I do not know how long this move is going to play out, I am simply just reading the trend and sentiment of the market.
Attached is MKR on the 4H Time Frame
We can see that MKR dropped below the longer term trend created from that same February 2021 swing high level and then eventually regained it as support after stopping out over-leveraged longs.
This currently looks like very great bullish momentum that is going to continue now. I was a little bit skeptical about the current trend of the market up until the day before yesterday when i've been able to properly analyze the more candle data that was given to me. The 1st target if you want to lock in profits and feel safe about this play would be at the $3100 level, which has already been 1st touched. Expect a quick touch and pullback from this level before pumping up the rocket fuel to $3751. From that point, this is a significant level that many traders will take profits from, so expect a decently sized correction from that.
As always please do your own research, I am not a financial advisor.
$Celr to break new ATH this Weekend!$Celr has week after week continued to set new highs and stays on a steady healthy climb. By the research and analysis ive done on it i believe we will see new all time highs over the weekend and possibly be on a trip to the moon! Dont miss your chance to tag along and make some good money. youll never be able to buy this coin at this price ever again. At .08 this is a steal right now and will set you up to make very nice money.
XAUUSD - Can you help me reach 500 followers?!Would love to reach 500 followers before the year ends! :D Here's my outlook on the Big one... Gold.
Here we have a. lovely area of structure that you can clearly see whenever price pushes down into it it reject's it like trump was rejected from the office.
If we see price back into this area we'll look to get into a buying position.
GBPAUD - Perfect confluence - up we go!As you can see from the chart we have taken a nice buy position on this pair. We have the bearish trend which has been respected for some time now on the higher timeframes. This broke out and it was a matter of time before we saw some action to get involved in the next trade. We can see on the lower 1hr timeframe we have created a nice little bullish trend which matches perfectly to a good level of structure and the 50% fib. So, we have 3 confluences, 3rd touch trendline, good level of structure and also the fib. All of these lead us to believe the market should see a nice upward momentum.
Please drop your thoughts and comments below :)
Any questions don't hesitate to ask.
i am liking this for today 9/30today is gonna be the day to scalp this a couple times i think good entry's will be between $1.20 and $1.30 and first sell point will be $1.50 to $1.60 range and with support at those ranges i can easily see this getting to around $2.25 to $2.50 range maybe even higher...please remember i am not a professional these are just my opinions please do your own d.d before investing. And please trade responsibly but i believe there is lots of potentional this week with this stock
EUR/AUD: Short Trade Available Soon With +400 Pips Profits This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions