READY FOR A NEW ATH ❇️♨️ READY FOR A NEW ATH AND CYCLE COMPLETION? ♨️❇️
📊 Latest #Bitcoin Analysis by #Bersipa 📊
🔥 After months of detailed trend analysis, today—December 23, 2024—we bring you the latest update. The analysis suggests Bitcoin is heading toward a new All-Time High and the final cycle peak in the next year!
🔰 Suggested Plan:
✅ Buy Zone: Accumulate in the FWB:83K – GETTEX:92K range over multiple levels.
✅ Sell Zone: Sell 40% at $112K–$124K (two levels). Hold the remaining 20% at your own risk until $138K, then sell.
🔺️ Disclaimer:
⛔️ All trades are made at the trader's own risk.
⛔️ Futures trading based on this or any analysis is highly risky.
📌 Timeline:
While no exact dates can be guaranteed, we anticipate achieving the new ATH and completing the cycle within five months.
🚀 Stay tuned for more updates and trade responsibly!
#Bitcoin #CryptoAnalysis #ATH
Trend Analysis
btcusd on bearish reverse below 92130#BTCUSD on multiple reverse, now we exercise drop below 92130 for longer sell till 90k-89k but market price sell can start at current price ,above 93800 buy can still move. Overall move on #BTC can take correction if price falls 92130 back to 93k-94k. Selling at 92130, SL 92800 TP 90k 89k
A corrective scenario for the entire market, especially altcoins
Such a scenario is possible for TOTAL2. It is worth mentioning that in this scenario, all coins, including Bitcoin and Ethereum, will undergo price corrections, which could be between 55 to 75 percent for altcoins. This is a scenario that should be constantly monitored for signs. The market has become very hot and needs to cool down. USDT.d is also at a low level and is likely to rise.
aaveusdt shortAAVEUSDT
SHORT
💎Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
⛔️INSTRUCTIONS 1:
Please respect the yellow entry point, otherwise you risk entering too early before my strategy or too far, thus reducing gains and aggravating losses in the event of a stop loss
⛔️INSTRUCTIONS 2:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
SILVER PULLBACK ANALYSIS (READ CAPTION)hi trader's. What do you think about silver.
Current price: 29.6680
Silver indicating a resistance zone between 29.6680 and 29.4568. historically. Trade to drive prices Towards the upside demand zone at 30.7100
Support zone: 29.6680-29.4568
Resistance zone: 30.7100
I placed the remaining target in the details in the chart
Please don't forget to like comment thank you for support
Michael Sailor is dumbMichael Sailor is the dumbest trader I've ever seen on a massive scale. MicroStrategy started buying Bitcoin on August 11th 2020. Since then Michael Sailor held Bitcoin for a loss and bought Bitcoin at all time highs. He never sold Bitcoin to take profit, never had a stop loss and leveraged his Bitcoin dca accumulation by issuing debt with a check he ultimately can't cash. In the future this will prove to be a catastrophic example of how not to trade or invest. Everyone will be saying in hindsight they could have predicted such a collapse. Everyone who has traded Bitcoin the past 10 years knows it is a speculative risk asset. You buy the drop and sell the top. Eventually, this ponzi scheme greater fool theory implodes under it's own weight and gravity prevails.
BTC Future trajectory:
Sell Resistance = 100k
Hold Average = 63k
Buy Support = 23k
XAU recovers - returns to downtrend retest zone⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The Federal Reserve cut interest rates at its December meeting as anticipated but signaled a slower pace of future reductions. The updated dot plot, which outlines projected rate trends, now suggests a half-percentage-point cut in 2025, down from the full percentage-point reduction forecasted in September. This shift continues to strengthen the US Dollar (USD) and weigh on USD-denominated Gold, as rising real interest rates increase the opportunity cost of holding non-yielding assets like gold.
On the other hand, weaker-than-expected US inflation data may help limit gold’s downside. The Personal Consumption Expenditures (PCE) Price Index rose to 2.4% year-over-year in November, up from 2.3% in October but slightly below the 2.5% market estimate. Meanwhile, Core PCE remained steady at 2.8% but fell short of the expected 2.9%.
⭐️Personal comments NOVA:
Gold H1 frame recovered and retested the break zone in the downtrend, mainly sideways price below 2650 zone
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2643 - $2645 SL $2651
TP1: $2635
TP2: $2620
TP3: $2610
🔥BUY GOLD zone: $2606 - $2604 SL $2599
TP1: $2615
TP2: $2628
TP3: $2640
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
#XAUUSDGold (XAU/USD) is currently trading at 2617, showcasing strength in the precious metals market. This price reflects heightened investor interest, possibly driven by geopolitical tensions, inflation concerns, or shifts in central bank policies. As a traditional safe-haven asset, gold often benefits during times of economic uncertainty or weakening fiat currencies.
A price level of 2617 suggests strong demand, with buyers possibly expecting further upside potential. Traders may also be watching key resistance and support levels closely, as well as macroeconomic indicators like U.S. dollar strength, bond yields, and global risk sentiment.
Gold’s performance at this level indicates its role as a hedge against inflation and a store of value in a volatile financial landscape. Future price movement will likely depend on central bank actions, especially the Federal Reserve, as well as any unexpected market shocks.
2024 Santa Rally and More - Up/Down/SidewaysIt's that time of year again. The final trading weeks of 2024 and the technical "Santa Rally" (trading through Christmas and New Year's) is upon us.
Unfortunately the FED put a bit of a cap on the extremely optimistic and borderline euphoria that was bubbling over going into the FOMC Rate Decision.
100 bps of cuts, yet the US10Y (10 year yield) has virtually moved in the exact opposite direction. Inflation is now a concern and this is a big reason for the FED's "hawkish cut" in December. The market will have to figure out how 1-2 cuts in 2025 looks compared to 4-6 cuts that was anticipated.
I don't think the 1 day FED move is enough of a correction to justify loading up on longs, so I'm looking for 200 EMA tests and better prices all around. If I don't get them, I suppose I'll just wait longer :)
Happy Holidays to everyone
Thanks for watching!!!
Euro / U.S. Dollar Currency Pair | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Euro / U.S. Dollar Currency Pair
- Double Formation
* Trend Line 1 & 2 | Completed Survey | Subdivision 1
* Pattern Structure | Supply Zone At 1.12000 USD
- Triple Formation
* Retracement | A+ Set Up | Subdivision 2
* 012345 | Wave Count Completed | Subdivision 3
* Daily Time Frame | Entry Survey Settings
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
XAUUSD: 23/12 Market Analysis and StrategyGold technical analysis
Daily resistance 2660, support below 2580
Four-hour resistance 2650, support below 2600
Gold operation suggestions: Last Friday, the overall technical side of gold ushered in a wide range of long and short shocks. After the continuous decline and plunge on Thursday, the previous day, breaking the 2600 mark, it rebounded slightly throughout the day on Friday. It ushered in an accelerated high breakthrough before and after the US market and stood above the 2610 mark to continue the bullish rebound. It closed near 2622 last Friday. Today, gold opened in the Asian session and was not strong. It began to fluctuate. Gold has not had a unilateral market for the time being.
From the 4-hour analysis, today's short-term support below is around 2627, focusing on the 2600 first-line support, and the upper pressure is around 2650-60. It is bullish above the 2627 daily level long-short watershed. Because Christmas is coming soon, gold can be bought on dips.
BUY:2627near
BUY:2622near
Technical analysis only provides trading direction!
Critical Bitcoin Support Levels: A Key Test for the FutureI was reviewing some of my old charts and came across this one because the patterns here are really interesting. Back on November 15th, I posted a head and shoulders pattern, but as you can see, it didn’t play out as expected. Every time Bitcoin made a new high, it got rejected and pulled back to the support level. This has happened multiple times Bitcoin goes up, makes a new high, and then retraces all the way back down to the same support level.
What’s different this time is that Bitcoin tried to push for new highs but failed, instead forming a lower high. Now, it’s testing a critical support level, marked by the two white trend lines on the chart. Bitcoin is currently at the support level, but the real test will come when it reaches that point of support. That’s the key support area that Bitcoin must hold.
Bitcoin really needs to maintain this support. If it breaks through, we could see a significant drop, potentially all the way down to $77,085.65. I don’t want to sound overly negative, but I’m just giving you a heads-up on what could unfold in 2025. All eyes will be on the $91,541.87 level this is the crucial support level. If Bitcoin can’t hold that area, it could trigger a further decline. Keep a close watch, as this could be a pivotal point for the next major move.
Trading MRI comprehensive trade analysis for BNZIBanzai International, Inc. ( NASDAQ:BNZI ) is a marketing technology company that provides essential marketing and sales solutions for businesses of all sizes. Recent acquisitions, financial restructuring, and a reverse stock split signal strategic shifts aimed at enhancing the company’s market position. However, its financial metrics reflect significant challenges, including negative operating, profit, and gross margins.
Recent Stock Performance
Closing Price (Dec 20, 2024): $1.71 (+5.56% from previous close of $1.62).
Daily Trading Range: $1.63–$1.85.
Volume: 4.07 million shares (below the 4.23 million average).
Volatility:
5-day fluctuation: 16.33%.
30-day fluctuation: 11.04%.
Moving Averages:
+11.89% above 20-day SMA.
-19.48% below 50-day SMA.
-82.60% below 200-day SMA.
52-Week Range:
-99.23% from 52-week high.
+32.05% above 52-week low.
Recent Company Developments
Acquisitions:
Vidello: Adds 6.5M in revenue and 2.3M in EBITDA (announced Dec 20, 2024).
OpenReel: Enhances AI-powered marketing with enterprise video solutions (completed Dec 19, 2024).
Debt Restructuring (Sept 2024): 5.6M liabilities written off; 19.2M restructured.
Reverse Stock Split (Sept 19, 2024): 1-for-50 split to meet Nasdaq listing requirements.
These developments indicate strategic efforts to stabilize operations and capture growth in the video marketing sector.
Analysis Overview
Daily Timeframe:
Setup: Green Setup 3 progressing toward Green Setup 4.
Trend: Bullish short-term, supported by price action above the 20-day SMA.
Key Levels:
Resistance at $1.85.
Support at $1.60.
Weekly Timeframe:
Setup: Transition from Red Setup 8 to Green Setup 1.
Trend: Strong reversal potential.
Key Levels:
Resistance at $1.80–$1.95.
Support at $1.35.
Monthly Timeframe:
Setup: Red Setup progression from 2 to 4.
Trend: Bearish continuation.
Key Levels:
Breakdown below $1.45 signals bearish dominance.
Support at $1.30 and $1.20.
snapshot
Risk Assessment
1. Probabilities:
Daily (Bullish): ~50.7% success rate.
Weekly (Bullish Reversal): ~90% success rate.
Monthly (Bearish Continuation): ~55.6% success rate.
2. Risk-Reward Ratios:
Daily: 1:1.5 (moderate).
Weekly: 1:2 (favorable).
Monthly: 1:1.5 (moderate).
3. Trade Risks:
Financial instability and operational losses may limit upside potential.
Reverse stock split suggests efforts to manage compliance rather than growth.
Trade Recommendations
Daily Chart:
Action: Long on confirmation of Green Setup 4.
Entry: Above $1.75.
Stop-Loss: Below $1.60.
Targets: $1.85, $1.90.
Weekly Chart:
Action: Long on confirmation of Green Setup 2.
Entry: Above $1.80.
Stop-Loss: Below $1.35.
Targets: $1.95, $2.00.
Bold Prediction for Q1 2025 NASDAQ:BNZI
Optimistic Scenario:
If bullish reversals on daily and weekly charts are confirmed, supported by revenue growth from recent acquisitions:
Target Price: $2.10–$2.20.
Drivers: Growth in video marketing demand and operational cost savings from debt restructuring.
Target Price: $2.10–$2.50 by Q2 2025.
Pessimistic Scenario:
If bearish continuation dominates, compounded by financial challenges:
Target Price: $1.15–$1.25.
Conclusion and Bold Prediction
BNZI's stock performance in 2025 will hinge on the successful execution of its strategic initiatives and the market reception of its enhanced video marketing solutions.
Optimistic Scenario: Integration of Vidello and OpenReel drives growth and operational efficiencies, potentially lifting the stock to $2.50 by mid-2025.
Pessimistic Scenario: Continued financial losses and market volatility may push the stock to a low of $1.10 by mid-2025.
Investors should monitor quarterly updates on revenue growth, profitability improvements, and operational synergies from recent acquisitions. This will provide crucial insights into the company's trajectory in 2025.
Possible consolidation path for XAUUSDXAUUSD may follow a potential consolidation path, moving within a defined range as investors closely monitor global economic indicators, shifts in interest rate policies, and ongoing geopolitical tensions, all of which could influence market sentiment and the broader outlook for gold prices.
GOLD recovered quite strongly, falling after FOMCOn the Asian market today (Thursday, December 19), OANDA:XAUUSD Spot trading recovered strongly after a sharp decline in the previous trading day. Gold price reached its highest level at the time of writing at 2,618 USD/ounce, an increase of nearly 30 USD during the day.
The market will next receive US economic data, including final third-quarter GDP and weekly unemployment claims.
Market attention will then turn to Friday's release of the U.S. personal consumption expenditures (PCE) price index, the Fed's preferred inflation measure, which will boost the U.S.'s copper performance. US Dollar and gold in the short term.
FOMC
On Wednesday, the Federal Reserve cut interest rates as expected and predicted less policy easing in 2025. Federal Reserve Chairman Powell said the threshold for the next rate cut could be higher, which sent the US Dollar and US Treasury yields soaring, while at the same time, Gold fell more than 2% to a one-month low in trading on Wednesday.
Federal Reserve officials cut interest rates for a third straight time on Wednesday, but lowered their forecast for the number of rate cuts next year, signaling they are increasingly cautious about being able to reduce spending. How quickly does the loan cost?
The Federal Open Market Committee (FOMC) voted 11-1 on Wednesday to lower the federal funds rate to a range of 4.25%-4.5%. Cleveland Fed President Beth Hammack voted against, in favor of keeping interest rates unchanged.
In the FOMC policy statement, Fed officials noted that economic activity continued to expand at a solid pace. Labor market conditions have generally eased since the beginning of this year, with the unemployment rate rising but remaining low. Inflation has made progress toward the committee's 2% target but remains high.
The new Dotplot chart shows some officials expect fewer interest rate cuts next year than they estimated just a few months ago. Fed officials currently expect the benchmark interest rate to be between 3.75% - 4% by the end of 2025, which, according to the median estimate, would mean two rate cuts of 25 points each. basic.
Jerome Powell
The Fed will cut interest rates only twice next year amid rising inflation, according to Fed Chairman Jerome Powell, a forecast consistent with Trump's wait-and-see approach when he returned to the White House in January.
Powell said Fed policymakers want to see more progress in reducing inflation when considering future rate-cutting strategies.
US federal funds rate futures have reflected that the Federal Reserve will leave its benchmark overnight interest rate unchanged at its policy meeting on January 28-29 next year.
Analysis of technical prospects for OANDA:XAUUSD
Thus, gold has enough conditions to decrease in price after falling below the 0.618% Fibonacci level and bringing price activity back below the EMA21 moving average, with a sudden impact from fundamental factors.
In the short term, although gold recovered from the 0.786% Fibonacci retracement level at $2,591, which was the bearish target noted by previous readers, it could still continue to decline further with a target around $2,538. . When the Relative Strength Index dropped below the 50 mark and was quite far from the oversold area, it showed that there is still plenty of room for price decline ahead.
During the day, gold price increases as long as they do not surpass the 0.618% Fibonacci level and EMA21 should only be considered short-term recovery.
Along with that, the downward trend in gold prices will be noticed again by the following technical levels.
Support: 2,591 – 2,552 – 2,538USD
Resistance: 2,624 – 2,634USD
SELL XAUUSD PRICE 2635 - 2633⚡️
↠↠ Stoploss 2639
→Take Profit 1 2628
↨
→Take Profit 2 2623
BUY XAUUSD PRICE 2549 - 2551⚡️
↠↠ Stoploss 2546
→Take Profit 1 2556
↨
→Take Profit 2 2561
Possible scenario for EURCHFlet's first talk about the white trendline which has been intact since May 2024 but now it has been broken and after the price came back this time trendline acted as support and gave a decent bounce. If it sustains there the chances are that the price will touch the yellow trendline which is a strong resistance since 2021 and still intact. One more point is that the support level of 0.9025 has been tested twice since 2002. Using this analysis a nice buy setup can be found on 1Hr TF for higher RR
GBP/JPY 15-Minute Chart: Bullish Setup with Key Liquidity ZonesHere’s a write-up for the analysis:
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GBP/JPY 15-Minute Chart Analysis (Dec 23, 2024)
This chart captures the current price action of GBP/JPY on the 15-minute timeframe, showcasing key structural points and potential trade opportunities.
Market Structure
A clear Change of Character (CHoCH) was identified at multiple points, marking shifts in the market sentiment. These CHoCH points are crucial as they signal transitions between bullish and bearish trends.
A Break of Structure (BoS) occurred earlier, confirming bearish intent, but the market later shifted to a more bullish structure.
Liquidity & Price Action
The presence of a significant sell-side liquidity sweep ($$$) indicates that the market aimed to grab liquidity below a recent low before pushing higher.
After the liquidity grab, the market started forming higher lows, supported by a clear ascending trendline, signaling bullish pressure building up.
Key Levels
The Take Profit 1 (TP1) level is set at 197.631, just below a notable resistance zone. This aligns with the projected upward momentum.
Support is seen around 196.738, which coincides with the last higher low before the bullish continuation. A breach of this level could invalidate the bullish bias.
Current Outlook
The market is currently trading around 196.954, showing signs of a potential continuation to the upside. The ascending trendline provides additional confluence for the bullish bias. The ultimate target remains TP1 at 197.631, while the stop loss is carefully placed below the recent support at 196.738 to manage risk effectively.
Conclusion
This setup presents a calculated opportunity to ride the bullish momentum. However, as always, proper risk management and monitoring for any invalidations are crucial for trading success.
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Breaking: Joe Biden Might Pardon Sam Bankman, Founder of FTXThe crypto world is abuzz with speculation that President Joe Biden could pardon Sam Bankman-Fried, the founder of the defunct cryptocurrency exchange FTX. Bankman-Fried, sentenced to 25 years for fraud and money laundering, remains a polarizing figure. This speculation is fueled by his substantial political donations to the Democratic Party, estimated to total hundreds of millions. These ties have sparked debate about the potential influence on Biden’s discretion to grant a pardon.
Elon Musk’s commentary has added weight to these rumors, suggesting that such a move could distract from the upcoming power transition to Donald Trump, scheduled for January 20, 2025. Despite the speculation, platforms like Polymarket estimate only a 16% probability of a pardon, underscoring the general skepticism among political traders.
FTT’s Resurgence Amid Bankruptcy Developments
While political speculation swirls, FTX Token ( TSX:FTT ) has seen a remarkable 15% surge in value. This comes after FTX announced plans to begin creditor payouts in early 2025 as part of its Chapter 11 bankruptcy process. The court-approved plan will commence on January 3, 2025, with the first tranche of payments targeting "Convenience Classes" claims. The announcement has buoyed investor sentiment, pushing FTT’s price to $3.28 and its market cap to $1.08 billion, with trading volume surging 170%.
Despite this positive step, FTX’s recovery journey remains fraught with legal and financial complexities. The company’s eventual revival hinges on asset liquidation and the resolution of outstanding legal issues, a process likely to take years.
Technical Analysis of TSX:FTT
FTT’s recent price action highlights a bullish reversal pattern, defying the broader crypto market’s bearish trend. Trading at $3.20, FTT has a bullish RSI of 61.77, signaling strong momentum. Key technical levels include:
- Support: Immediate support lies at the 65% Fibonacci retracement level, providing a cushion for potential pullbacks.
- Resistance: The immediate pivot is the one-month high. A break above this level could ignite a bullish rally, targeting higher resistance zones.
FTT’s resilience amid market uncertainty suggests growing investor confidence, potentially driven by the promise of creditor payouts and speculation about the exchange’s future.
Overview
FTX Token’s value proposition has historically been tied to the FTX platform, offering benefits like fee discounts, staking rewards, and leveraged token creation. However, with FTX’s bankruptcy, the token’s utility has diminished. The recent price surge reflects speculative interest rather than intrinsic value, as the token’s future remains uncertain.
FTT Token Overview
- Launch: May 8, 2019
- Utility: Discounts on trading fees, staking rewards, and collateral for leveraged positions
- Current Status: Associated with a defunct platform, under Chapter 11 proceedings
Investor Caution
While the recent rally is promising, investors should approach TSX:FTT with caution. The token’s price movements are heavily influenced by speculative trading and bankruptcy developments. Moreover, the potential for token liquidation to pay creditors poses a significant risk to its value.
Conclusion
The dual narratives surrounding Sam Bankman-Fried’s potential pardon and FTX’s bankruptcy proceedings underscore the complexity of the situation. For TSX:FTT , the path forward is uncertain, balancing speculative optimism against the harsh realities of a defunct platform. Investors should closely monitor legal and market developments to navigate this volatile landscape effectively.