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EURGBP: Potential sell setup towards 0.8500?OANDA:EURGBP has reached a notable resistance level, an area that has been a clear turning point in the past, leading to some notable reversals. Given this, there is once again potential for a bearish reaction if price action confirms rejection, such as a bearish engulfing candle, long upper wicks or increased selling volume. If the resistance level holds, I anticipate a downward move toward 0.8500 , which for me is quite an achievable target now. But if the price breaks above this zone and sustains above it, the bearish outlook may be invalidated, leading to further upside. Just my take on support and resistance zones, not financial advice. Always confirm your setups and trade with solid risk management.
Short
by TrendDiva
29
BTC – Fresh ATH Hit but Breakout Still Unconfirmed🚨 CRYPTOCAP:BTC – New ATH + Structure Watch 📈 Bitcoin just tapped a new All-Time High, breaking above the ascending channel on the 4H timeframe — but quickly retraced back below the breakout level ⚠️ 🕒 4H Chart: Daily close will be critical — it may confirm a true breakout or reveal a fakeout. 📆 3D Chart: Still waiting on a strong candle close to confirm a breakout from the broader macro structure. 👀 Momentum is high, but confirmation is key — stay sharp with multiple timeframes in focus!
by coin_mastermind
2
EURAUD F s 10 controversial beliefs about money that are often embraced by the wealthy but rejected (or misunderstood) by those who struggle financially: 1. Debt Can Be a Tool, Not Just a Burden • Rich people: Use debt strategically to invest in appreciating assets like real estate, businesses, or education that increase wealth. • Poor people: Often view debt only as something to avoid or as a result of overspending. 2. Time is More Valuable Than Money • Rich people: Prioritize outsourcing tasks, automating income, and focusing on high-value activities. • Poor people: Often trade their time for money without exploring ways to leverage time effectively. 3. Money is a Game — and Learning the Rules is Key • Rich people: View wealth-building like playing a strategy game — with rules, skills, and calculated risks. • Poor people: Often believe success is purely luck, privilege, or circumstances. 4. Paying Yourself First is Non-Negotiable • Rich people: Treat saving and investing as a fixed expense — paying themselves before spending. • Poor people: Often save whatever is left over after expenses, which is usually little or nothing. 5. Your Network is Your Net Worth • Rich people: Invest heavily in building relationships with other successful, growth-oriented individuals. • Poor people: May prioritize friendships based on comfort rather than growth. 6. Comfort is the Enemy of Progress • Rich people: Embrace discomfort, risks, and challenges as essential for growth. • Poor people: Often prioritize security and familiarity, avoiding discomfort. 7. Investing is More Important Than Saving Alone • Rich people: Focus on multiplying money through investments, understanding that savings alone won’t build wealth. • Poor people: Often hoard savings without exploring growth opportunities. 8. Income is Unlimited (If You Control It) • Rich people: Believe there’s no ceiling on how much they can earn by creating businesses, products, or investments. • Poor people: Often rely solely on fixed wages, limiting their earning potential. 9. Failure is a Stepping Stone to Wealth • Rich people: View failure as feedback and a learning opportunity. • Poor people: Often fear failure, avoiding risks that could lead to success. 10. Money Doesn’t Solve Money Problems — Mindset Does • Rich people: Understand that financial problems are often rooted in poor habits, limiting beliefs, or lack of education. • Poor people: May assume that simply earning more money will fix financial struggles without addressing spending behavior or mindset.
Short
by FabsTech
1
GOLD 21/05 – FED'S HAWKISH STANCE VS. TECHNICAL LEVELSGOLD MARKET UPDATE 21/05 – FED'S HAWKISH STANCE VS. TECHNICAL LEVELS – BIG MOVE AHEAD? Gold’s recent rally has paused as traders weigh the latest signals from the Federal Reserve. Despite geopolitical tensions and softer U.S. economic data, the Fed is sticking with a "higher-for-longer" interest rate policy, which has kept the U.S. dollar strong and put pressure on gold’s price action. 📉 However, the technical outlook suggests a different story. ⚙️ TECHNICAL ANALYSIS: Is It A Bearish Trap Or A Hidden Bullish Opportunity? Looking at the 1H timeframe, XAU/USD is consolidating after reaching a major Fair Value Gap (FVG) between 3328–3356. This zone reveals significant volatility and potential liquidity grabs, with two key FVG zones forming above and below the current price levels. There’s a potential bullish scenario if gold retraces to the 3250–3252 support zone, where strong trendline confluence and dynamic support are likely to drive demand. On the flip side, any rejection from the 3354–3356 SELL ZONE could initiate a bearish trend, pushing gold lower to test key structural support levels. 💹 TRADING STRATEGY FOR TODAY: 🔵 BUY ZONE Entry: 3252–3250 Stop Loss: 3246 Take Profit: 3256 – 3260 – 3264 – 3268 – 3272 – 3280 – 3300 – ??? 🔵 BUY SCALP Entry: 3277–3275 Stop Loss: 3272 Take Profit: 3280 – 3284 – 3288 – 3292 – 3296 – 3300 🔻 SELL ZONE Entry: 3354–3356 Stop Loss: 3360 Take Profit: 3350 – 3346 – 3342 – 3338 – 3334 – 3330 – 3320 🔻 SELL SCALP Entry: 3328–3330 Stop Loss: 3334 Take Profit: 3324 – 3320 – 3316 – 3310 – 3305 – 3300 🌍 MACRO INSIGHT The Fed’s hawkish stance continues to weigh on gold, but geopolitical uncertainty and ongoing de-dollarization trends maintain gold’s appeal. China, along with other central banks, is still actively accumulating gold, signaling that long-term bullish pressure remains intact. Keep an eye on U.S. data this week, especially PMI and jobless claims, as these could act as short-term catalysts for gold. 📌 KEY NOTES Volatility is increasing, so stay disciplined. Stick to your key levels and manage risk effectively. Patience and strategy will be key as the market moves in the coming days. Stay alert and trade wisely!
OANDA:XAUUSDLong
by MMFlowTrading
1
USDT.D (CryptoNation_369)🔮USDT.D Scenario 🔮 ✅As long as USDT dominance (USDT.D) stays below 4.55%, the trend is bearish — good for altcoins. ✅Price might go back up slightly (possibly up to around 4.7%) to retest the old support, but this could be a fake move. ✅After that, it will likely continue dropping. ✅First target for the drop is around 3.82% — this is a strong support zone. ✅If USDT.D keeps falling, altcoins are likely to pump harder — because money is moving out of stable coins and into altcoins.
CRYPTOCAP:USDT.D
by CryptoNation666
1
EUROUSD COT and Liquidity Analysis chart The EUR/USD pair has demonstrated a convincing upward momentum, which might suggest a sustained long opportunity. However, traders should exercise caution—this bullish move could be a classic trap. Despite the current strength, signs of exhaustion are beginning to appear in the price action and volume. The market may soon shift direction, and a downward correction or full reversal could be imminent. Now is not the time to chase the high—stay alert, as the fall could happen sooner than expected.
by SadarExplore
2
Super-cycle top in? I was considering that we had an extended wave 1 from march 2009 to feb 2020, the wave 2 bottom was march 2020, then wave 3 top was jan 2022, wave 4 bottom was oct 2022 and now we are on wave 5. This would be an extended wave 1 instead of wave 3 and that means wave 3 & 5 should be equal and with the current top that would put them within 1.1% of each other. This also fits with the alternating pattern with wave 2 being quick and simple and wave 4 being long and complex. Thoughts?
SP:SPXShort
by Sir_prized
1
EUR/USD Dual BUY LIMIT Strategy – Intraday + Swing Setup💬 Description: This idea is based on a bullish structure confirmed across multiple timeframes (5m, 15m, 30m, 1H, 4H, Daily). The market shows strong buying pressure supported by clear technical signals: 🧠 Technical Justification: Ichimoku Cloud: Price is clearly trading above the Kumo in all major timeframes, with bullish Tenkan/Kijun crossovers and strong Chikou Span alignment. VWAP: Price remains consistently above VWAP, confirming intraday bullish control. Moving Averages: All MAs (MA5 to MA200) are aligned in a bullish direction across 1H to Daily charts. Momentum Indicators: RSI remains between 58–69: bullish but not yet overbought. MACD positive across all major TFs. CCI above 100 on 1H and H4: indicates strong price momentum. Pivot Points: Price action is holding above daily pivot and testing resistance zones (R1-R2), showing strength without overextension. Conclusion: This setup reflects a technically healthy bullish trend with multiple layers of confluence. There’s a strong probability of continuation to upper resistance levels, especially if price maintains structure above the VWAP and Ichimoku cloud. Perfect scenario for both intraday and short swing setups with favorable risk/reward potential.
Long
by cdsolta
1
Bitcoin (BTC/USD) Timeframe: 4-HourCurrent Price: ~$108,120 Key Chart Elements: 🔹 BOS (Break of Structure): Multiple BOS markers indicate continuation of bullish structure from late April onward. Recent BOS near $107,000 confirms bullish momentum is active again after a brief consolidation. 🔹 CHoCH (Change of Character): Initial CHoCH around $104,000 signals a trend reversal from previous downtrend to bullish structure. Later CHoCH further confirms buyers taking control. 🔹 FVG (Fair Value Gaps): Multiple FVG zones are marked below price (between ~$93,000 to ~$106,000). These represent areas where price moved impulsively, possibly returning to fill gaps. The most recent FVG (between ~$107,244 and ~$105,518) acted as a support zone on the current retracement. 🔹 Fibonacci Retracement: Price bounced off between the 0.5 and 0.618 fib levels (~$107,000–$106,387), a typical reversal zone in a strong trend. Current Setup & Projection: Price has broken above resistance near $108,000, suggesting a bullish continuation. Target zone projected at $113,634, supported by structure and volume breakout. Strong bullish momentum is visible after the BOS, and the price retest of FVG confirms smart money accumulation. Volume Analysis: Noticeable volume spike with the most recent bullish breakout, supporting the continuation case. No large bearish volume indicating supply absorption—bulls remain in control. Summary: Bitcoin has completed a successful breakout from consolidation with bullish confirmation through BOS, FVG support, and volume spike. As long as price holds above $107,000–$106,200, the target zone around $113,634 remains highly probable.
BITSTAMP:BTCUSDLong
by KingProTrader
1
BB/USDT – Bullish Setup with Wedge Breakout Potential | 1H ChartBBUSDT is currently presenting a strong bullish technical structure backed by multiple confirmations: 🔹 A double bottom has formed, signaling potential trend reversal. 🔹 Bullish divergence on the RSI strengthens the bullish outlook, showing hidden buying pressure. 🔹 Price action is compressing within a symmetrical wedge, and no bearish reversal patterns are currently observed. A breakout above the wedge resistance trendline could lead to further upside continuation. 📌 Entry: $0.18554 (upon confirmed breakout) 🛡️ Stop Loss: $0.16322 (below structure support) 🎯 Target: $0.21591 (+15.13%) — You may also set your take-profit levels based on your own risk-reward ratio and trading style. As long as the structure holds and no bearish confirmation appears, the setup remains valid. Always manage risk accordingly.
Long
by Asif_Iqbal_chaudhary
2
TradeCityPro | Bitcoin Daily Analysis #97👋 Welcome to TradeCity Pro! Let’s go over the Bitcoin analysis and key crypto indices. As usual, I’ll be reviewing the triggers for the New York futures session. ⏳ 1-Hour Timeframe As you can see, a Double Bottom pattern activated yesterday, and the price has returned to the 106422 zone. ✔️ We previously had a support at 102882, but since the price wasn’t respecting it consistently, I’ve removed it. If price shows solid support there again, I’ll reintroduce the level. 🔍 Currently, the first trigger for a long position is 106422. This is a highly critical level and represents the main resistance for Bitcoin. If it breaks, there’s a strong chance for a sharp upward move. ✨ The first support in the way is 104800, which isn’t very strong. If a correction occurs, this level is likely to break. The main support remains at 101628. 📈 A break below 101628 would confirm a bearish reversal, and we could even consider opening a short position. The next support below that would be at 99225. 📊 Market volume has significantly increased over the past few days. This spike in volume suggests that a sharp move is likely. Using our trigger levels, we’ll be able to determine whether it’s an upward or downward breakout. 👑 BTC.D Analysis Bitcoin dominance is still below the 64.04 zone and appears to be consolidating. 💥 The 64.04 level is highly sensitive. A breakout would signal a bullish shift in dominance, while a rejection would suggest the downtrend will resume. ⚡️ We’ll get confirmation of further downside if 63.71 breaks. Below that, the next support levels are at 63.30 and 62.65. 📅 Total2 Analysis Yesterday, Total2 reacted to the 1.16 support and moved upward to 1.20. 💫 A break above 1.20 today would confirm bullish continuation. A drop below 1.16, however, would confirm the continuation of a broader correction. 📅 USDT.D Analysis Yesterday, the 4.70 level was faked out, and the chart fell back into the range box. 🎲 I believe the chances of breaking below the range bottom have increased. Key bearish triggers are at 4.57 and 4.51. On the flip side, another break above 4.70 would confirm renewed bullish momentum for USDT dominance. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Long
by tradecitypro
15
DOT/USDT breakout alertDOT/USDT breakout alert DOT has broken out of the bull flag pattern and is currently showing bullish momentum. The bull flag is a continuation pattern, and this breakout suggests the potential for further upward movement if the breakout holds with strong volume. However, if the price falls back into the flag channel, it could be a fakeout, so it's important to monitor closely. Key levels to watch: * Breakout confirmation zone * Flag support area * Volume strength for confirmation Keep an eye on DOT — a confirmed move above the flag could trigger the next leg up.
Long
by Qaisrani-Trades
1
Analysis of BTC price prediction for 2025 to 2026Hello sexy friends, I hoping that you are very good and be successful in this market today. Based on the released data bullrun not happened yet and market still collecting the liquidity for a big movement, don't worry this year will finishing very nice by a great momentum....I want to all of we can give a nice profit from the market. This analysis based on pitchfan tools that BTC can gets to high levels consist of 3 tp that I think : Tp1 : 108,000$ that reached successfully Tp2: 160,000$ common soon... To3: after correction will happening Be patient 🙏 and wait All Tim be successful. Kiss 👄 😘 all of you.
Long
by ICTTRADER2024
1
BTC Hits New All-Time High: Is a $128K Blow-Off Top Next?Bitcoin's Meteoric Ascent: New All-Time Highs Fuel $128K "Blow-Off Top" Predictions Amidst Unprecedented Adoption The digital gold rush of the 21st century is reaching a fever pitch. Bitcoin (BTC), the pioneering cryptocurrency, has not only shattered previous records but is now tantalizingly close to new, stratospheric all-time highs, with analysts eyeing a potential "blow-off top" as high as $128,000. This electrifying surge, which saw BTC climb to within 1.5% of new peaks as bullish sentiment decisively overcame final resistance, is underpinned by a confluence of factors: soaring institutional and retail adoption, particularly in the United States, booming ETF inflows, growing political and regulatory support, and a shifting macroeconomic landscape that increasingly favors non-traditional assets. As of May 21, 2025, Bitcoin has firmly established itself above the $109,000 mark, a testament to its resilience and burgeoning mainstream acceptance. The recent price action has been nothing short of spectacular. Bitcoin bulls have been relentlessly "grilling sellers," pushing the price to historic milestones. On May 21, 2025, Bitcoin etched a new all-time high (ATH) above $109,000, a landmark achievement that notably placed 100% of BTC holders into profit. This surge saw Bitcoin's market capitalization briefly surpass that of e-commerce giant Amazon, a symbolic victory highlighting its growing financial clout. Specific figures around this period include a climb to a record $109,302, and another peak at a historic $109,500, demonstrating the intense buying pressure and bullish conviction in the market. Analysts are now recalibrating their upside targets, with many calling for $116,000 as the next significant milestone on the path to even loftier valuations. This bullish momentum isn't occurring in a vacuum. It's the culmination of years of development, increasing understanding, and a series of pivotal events that have collectively propelled Bitcoin into the financial limelight. The American Bitcoin Boom: Adoption Surpasses Gold, Institutions Dive In One of the most compelling narratives driving Bitcoin's current rally is its explosive growth in the United States. A staggering 50 million Americans now own Bitcoin, a figure that notably surpasses the 37 million gold holders in the country. This demographic shift signifies a profound change in investment preferences, particularly among younger generations who are increasingly comfortable with digital assets. Bitcoin is no longer a niche interest for tech enthusiasts; it's becoming a recognized component of diversified investment portfolios across a broad swathe of the American population. The institutional embrace within the US is equally, if not more, impactful. US firms now hold an astonishing 94.8% of the Bitcoin reserves held by publicly traded companies globally. This concentration underscores the confidence American corporations have in Bitcoin as a treasury reserve asset, a hedge against inflation, and a potential source of significant returns. Furthermore, the United States is solidifying its position as the global epicenter of the Bitcoin industry, with 40% of all Bitcoin companies headquartered domestically. This robust ecosystem of miners, exchanges, wallet providers, and ancillary service companies fosters innovation and provides a strong foundation for continued growth. The advent and subsequent success of Bitcoin Exchange Traded Funds (ETFs) have been a game-changer. These regulated financial products have opened the floodgates for a new wave of capital, allowing retail and institutional investors to gain exposure to Bitcoin through traditional brokerage accounts without the complexities of direct ownership and custody. The "booming ETF inflows" are a direct contributor to the recent price surge, creating sustained buying pressure and signaling widespread market acceptance. Macroeconomic Tailwinds and Regulatory Optimism Beyond direct adoption, broader economic and political factors are playing a crucial role. The recent new all-time high of $109,000 was notably set just nine days after the US and China closed a 90-day trade agreement. This resolution eased economic uncertainty and market jitters that had previously weighed on global markets. In such an environment, assets perceived as hedges against traditional market volatility or fiat currency devaluation, like Bitcoin and gold, often thrive. Indeed, concurrent with Bitcoin's rise, concerns such as Japan's debt woes have contributed to gold surpassing the $3,300 mark, indicating a broader flight to alternative stores of value. Furthermore, there's growing optimism around US regulations concerning cryptocurrencies. While the regulatory landscape is still evolving, recent pronouncements and actions suggest a move towards greater clarity and a more accommodative stance, rather than outright prohibition. This "growing political support" is crucial for long-term institutional commitment, as regulatory uncertainty has historically been a significant barrier to entry for larger, more conservative investors. The fact that Bitcoin climbed to a record of $109,302, breaching a previous high set around the time of a major political event like a presidential inauguration (specifically referenced as Trump's inauguration on Jan. 20 in a historical context for a previous ATH), often correlates with market sentiment interpreting political or regulatory shifts as favorable. The "Bitcoin Strategic Reserve" (BSR): A Paradigm Shift for National Economies? An intriguing, albeit more speculative, concept gaining traction is the idea of a "Bitcoin Strategic Reserve" (BSR). While not yet a formal policy in any major nation, the discussion itself highlights Bitcoin's evolving perception from a purely speculative asset to one with potential strategic geopolitical and economic importance. A BSR would involve a nation-state, such as the United States, acquiring and holding Bitcoin as part of its national reserves, much like it currently holds gold or foreign currencies. The rationale behind such a move could be multifaceted: 1. Hedging Against Fiat Devaluation: As central banks globally continue to engage in monetary expansion, concerns about the long-term purchasing power of fiat currencies persist. Bitcoin, with its fixed supply, offers a potential hedge against this inflation. 2. Participating in a New Financial System: If Bitcoin continues its trajectory towards becoming a globally recognized store of value or even a medium of exchange for certain international transactions, holding it in reserve would position a nation to participate actively in this emerging financial infrastructure. 3. Technological Leadership: For a country like the US, which already leads in Bitcoin company headquarters and corporate holdings, establishing a BSR could further cement its leadership in the digital asset space, attracting talent and capital. 4. Economic Resilience: In a future where digital currencies play a more significant role, a BSR could offer a degree of economic resilience and autonomy, reducing reliance on traditional financial systems or the currencies of other nations. The implications of a major economic power like the US even seriously considering, let alone implementing, a BSR would be monumental for Bitcoin's legitimacy and price. It would signal ultimate institutional acceptance and could trigger a wave of similar considerations by other nations, creating immense demand for a limited supply of BTC. While the "Bitcoin Strategic Reserve Explained and What BSR Means for the US Economy" remains a topic of forward-looking discussion, its emergence in financial discourse is a testament to how far Bitcoin has come. The Path to $128K: Understanding the "Blow-Off Top" With Bitcoin having decisively broken past $109,000 and upside targets of $116,000 now in common parlance, the ultimate bull-case scenario being discussed is a "blow-off top" potentially reaching $128,000 or even higher. A "blow-off top" is a chart pattern that signifies a steep and rapid price increase in an asset, often on high volume, followed by an equally sharp reversal. It typically occurs at the end of a prolonged bull market or a parabolic advance. The psychology behind it involves: 1. Euphoria and FOMO (Fear Of Missing Out): As prices accelerate, media attention intensifies, and stories of quick riches abound. This draws in a flood of retail investors who don't want to miss out on the gains. 2. Exhaustion of Buyers: The parabolic rise eventually becomes unsustainable. The last wave of enthusiastic buyers enters at or near the peak. 3. Smart Money Distribution: Experienced traders and institutions, who may have accumulated positions much lower, begin to sell into this heightened demand, taking profits. 4. Sharp Reversal: Once buying pressure is exhausted and selling pressure mounts, the price can fall dramatically as latecomers panic-sell and stop-losses are triggered. Predicting the exact peak of a blow-off top is notoriously difficult. However, analysts use a combination of technical analysis (chart patterns, momentum indicators, Fibonacci extensions), on-chain data (network activity, holder behavior), and market sentiment to identify potential price targets and warning signs. The $128,000 figure is likely derived from such analyses, representing a significant psychological level or a projection based on previous market cycle behavior. Navigating the Bull Market: Indicators for Identifying a Cycle Top While the current sentiment is overwhelmingly bullish, savvy Bitcoin traders and investors are always mindful of market cycles and the potential for corrections or trend reversals. The question, "Is Bitcoin price close to a cycle top?" is one that prudent market participants constantly evaluate. Several indicators can help traders gauge whether a market might be overheating: 1. Moving Average Convergence Divergence (MACD): This trend-following momentum indicator can show bearish divergences, where the price makes new highs, but the MACD fails to do so, signaling weakening momentum. 2. Relative Strength Index (RSI): An RSI reading above 70 is generally considered overbought, and readings above 80 or 90 in a strong bull market can signal extreme conditions, though Bitcoin can remain overbought for extended periods. Bearish divergences on the RSI are also key. 3. On-Chain Metrics (e.g., MVRV Z-Score, Puell Multiple, SOPR): o MVRV Z-Score (Market Value to Realized Value): Compares Bitcoin's market cap to its realized cap (the price at which each coin last moved). High Z-scores indicate the market cap is significantly higher than the average cost basis, suggesting the asset is overvalued and potentially near a top. o Puell Multiple: Looks at the supply side of Bitcoin's economy – miners and their revenue. It divides the daily issuance value of bitcoins (in USD) by the 365-day moving average of daily issuance value. High values suggest miner profitability is high compared to historical norms, which has sometimes coincided with market tops. o Spent Output Profit Ratio (SOPR): This indicates if holders are, on average, selling in profit or loss. Values significantly above 1 suggest holders are realizing substantial profits, which can increase sell pressure. A sustained drop below 1 after a peak can signal a shift in trend. 4. Logarithmic Growth Curves: Bitcoin's long-term price action has often respected logarithmic growth channels. When the price reaches the upper band of these channels, it has historically indicated a market top. 5. Funding Rates and Open Interest in Derivatives Markets: Extremely high positive funding rates on perpetual swaps indicate that an overwhelming number of traders are long and paying a premium to maintain those positions. This can signal excessive bullishness and a crowded trade, making the market vulnerable to a long squeeze if prices reverse. High open interest can also exacerbate volatility. While Bitcoin is currently refusing to give up on its quest to revisit $108,000 (a level now surpassed) and beyond, concerns over a trend change, though perhaps quieter amidst the euphoria, are always present in the minds of seasoned investors. These indicators provide a more objective lens through which to assess the sustainability of the current rally. The Road Ahead: Uncharted Territory with Immense Potential As Bitcoin forges new all-time highs, it enters uncharted territory. The confluence of unprecedented US adoption, robust institutional investment via ETFs, a more favorable regulatory outlook, and supportive macroeconomic conditions has created a potent cocktail for price appreciation. The surpassing of Amazon's market cap, even if temporary, and the fact that 100% of BTC holders are in profit, are powerful psychological milestones that can fuel further confidence. The predictions of a $116,000 interim target and a potential $128,000 blow-off top are no longer fringe theories but are being seriously discussed by mainstream analysts. The narrative of Bitcoin as "digital gold" is gaining more traction than ever, especially as traditional safe havens like gold also see increased interest amidst global economic uncertainties like Japan's debt situation. However, the path is unlikely to be linear. Bitcoin's inherent volatility means that sharp corrections can and will occur, even within a broader uptrend. The "concerns over a trend change" will likely grow louder as prices reach more extreme levels, and profit-taking becomes more tempting. Investors should remain vigilant, utilize the available indicators to assess market conditions, and practice sound risk management. In conclusion, May 2025 has marked a historic period for Bitcoin. Its surge above $109,000, driven by a powerful combination of fundamental adoption and favorable market dynamics, has set the stage for potentially even more dramatic price action. Whether the ultimate peak of this cycle is $116,000, $128,000, or another figure entirely, one thing is clear: Bitcoin has firmly cemented its place in the global financial landscape, and its journey is far from over. The coming weeks and months will be closely watched by investors worldwide as the world's preeminent cryptocurrency continues to redefine the boundaries of financial assets. ________________________________________ Disclaimer: This article is for informational purposes only, based on the provided snippets, and should not be considered financial advice. Investing in Bitcoin and other cryptocurrencies is highly speculative and carries a significant risk of loss. Past performance is not indicative of future results. Always conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions.
BITSTAMP:BTCUSDLong
by bryandowningqln
2