Bitcoin can make movement up and then drop to 93600 levelHello traders, I want share with you my opinion about Bitcoin. The chart shows how the price rose to the support level, which coincided with the buyer zone, broke it, and continued to move up. Later BTC corrected to the support level, after which rebounded up to 103500 points, after which it dropped to the 90400 level, thereby starting to trades inside the pennant. Also then, the price turned around and made an impulse up from the support line of the pennant and rose to the resistance level, which coincided with the seller zone, after which corrected the support line. Then BTC rebounded and in a short time rose to the resistance level again and this time it broke it and continued to move up to the resistance line of the pennant. When the price reached this line it exited from the pennant and reached new ATH (108K points) and then made a downward impulse inside the downward wedge. Price broke 100000 with 93600 levels and fell to the buyer zone, where it reached the support line of the wedge and rebounded from it to the resistance level. Later Bitcoin corrected the support line again and then in a short time rose to the resistance line of the wedge pattern, after which dropped back. Recently price bounced from this line, broke the 93600 level, and now continues to grow. For this case, I expect that the price can make one more move up and then correct the 93600 support level. That's why I set my TP at this level. Please share this idea with your friends and click Boost 🚀
USDT-D
"Awaiting Bearish Confirmation at Key Resistance Zone on DXY"Based on the chart of the U.S. Dollar Index:
1. **Trend Analysis**: The index is currently within an upward channel, indicating a bullish trend. The price is oscillating between the upper and lower boundaries of this channel.
2. **Recent Movements**: There’s a noticeable price peak around the upper boundary, suggesting potential exhaustion. The recent downward movement indicates the possibility of a reversal.
3. **Bearish Confirmation**: The note emphasizes waiting for bearish confirmation before executing any trades. This suggests that it's prudent to look for signs of trend reversal or weakening momentum before making a bearish move.
4. **Strategy**: The advice is clear: without confirmation of a bearish trend, no trading should occur, highlighting a cautious approach.
5. **Key Levels**: Watch for key support around the mid-channel and resistance near the upper boundary, which could signal entry or exit points.
Overall, the chart indicates a cautious approach is necessary, focusing on confirmations before taking any trading actions.
$GOAT/USDT CRYPTO ANALYSIS Crypto Analysis: $GOAT/USDT
The price trades within a descending channel and a potential breakout is brewing!
Entry Zone: CMP
Target 1: $0.43609
Target 2: $0.60962
Target 3: $0.96106
Stop-Loss (SL): Below $0.29196
The RSI is at 37.60, signaling possible bullish momentum as the price nears oversold territory.
Watch for a breakout above the channel for confirmation! 👀
USDC Leads Stablecoin Market Cap Growth in 2024, Surpassing USDT
The year 2024 witnessed a significant shift in the stablecoin landscape, with Circle's USD Coin (USDC) demonstrating a remarkable resurgence and outperforming its main competitor, Tether's USDT, in terms of market capitalization growth. This surge marks a significant milestone for USDC, which had faced a considerable setback in 2023 following the collapse of Silicon Valley Bank (SVB). This article delves into the factors contributing to USDC's impressive recovery and its implications for the broader stablecoin market.
USDC's Rocky Road to Recovery
USDC's journey in recent years has been a rollercoaster ride. In 2023, the stablecoin experienced a substantial downturn, with its market cap plummeting by 45%. This decline was largely attributed to the collapse of SVB, where Circle had a portion of its reserves held. The bank's failure triggered a crisis of confidence in USDC, leading to significant withdrawals and a temporary de-pegging from the US dollar. This event cast a shadow over USDC's future and raised concerns about the stability of stablecoins in general.
However, USDC's performance in 2024 tells a different story. The stablecoin not only recovered from the SVB-induced slump but also surpassed USDT in market cap growth. This remarkable turnaround underscores USDC's resilience and the growing trust in its underlying mechanisms.
Factors Driving USDC's Growth
Several factors have contributed to USDC's impressive growth in 2024:
1. Increased Regulatory Clarity: The evolving regulatory landscape surrounding stablecoins has been crucial in USDC's resurgence. As governments worldwide are increasingly focusing on establishing clear frameworks for stablecoin operations, USDC's commitment to transparency and compliance has resonated with investors and users. This regulatory clarity has fostered a more favorable environment for USDC, attracting both institutional and retail adoption.
2. Focus on Trust and Transparency: Circle has prioritized building trust and transparency in its operations. The company regularly publishes attestations of its reserves, providing assurance to users that USDC is fully backed by traditional assets. This commitment to transparency has been instrumental in restoring confidence in USDC following the SVB crisis.
3. Expansion of Blockchain Infrastructure: The continuous development and expansion of blockchain infrastructure have also contributed to USDC's growth. As more blockchain networks integrate USDC, its utility and accessibility increase, driving adoption and market capitalization.
4. Growing Institutional Adoption: USDC has witnessed increasing adoption among institutional investors. These investors are drawn to USDC's stability, transparency, and regulatory compliance, making it a preferred choice for various use cases, including trading, lending, and payments.
5. Market Demand for Diversification: The stablecoin market has been increasingly seeking diversification beyond USDT. Concerns about the composition of Tether's reserves and its lack of transparency have led investors to explore alternative stablecoins. USDC, with its focus on transparency and regulatory compliance, has emerged as a leading beneficiary of this trend.
USDC vs. USDT: A Closer Look
USDC and USDT are the two dominant stablecoins in the market, but they differ significantly in their approach and underlying mechanisms.
• Transparency and Audits: USDC has been lauded for its transparency, with regular audits and attestations of its reserves. In contrast, Tether has faced criticism for its lack of transparency and the composition of its reserves.
• Regulatory Compliance: Circle has actively engaged with regulators and prioritized compliance, while Tether has faced regulatory scrutiny in various jurisdictions.
• Market Capitalization: While USDT still holds the largest market share, USDC has been steadily closing the gap, driven by its strong growth in 2024.
Implications for the Stablecoin Market
USDC's surge has significant implications for the broader stablecoin market:
• Increased Competition: USDC's growth has intensified competition in the stablecoin market, challenging USDT's dominance. This competition is healthy for the market, driving innovation and improving standards.
• Focus on Transparency and Compliance: USDC's success has reinforced the importance of transparency and regulatory compliance in the stablecoin industry. This trend is likely to continue, with stablecoin issuers prioritizing these aspects to gain trust and adoption.
• Growing Institutional Interest: The increasing institutional adoption of USDC signals a growing acceptance of stablecoins as a legitimate asset class. This trend is likely to attract more institutional investors to the stablecoin market, further driving its growth.
Conclusion
Circle's USDC has demonstrated a remarkable recovery and growth in 2024, outperforming Tether's USDT in market cap surge. This resurgence can be attributed to several factors, including increased regulatory clarity, a focus on trust and transparency, expansion of blockchain infrastructure, growing institutional adoption, and market demand for diversification. USDC's success has significant implications for the stablecoin market, intensifying competition, emphasizing transparency and compliance, and attracting growing institutional interest. As the stablecoin market continues to evolve, USDC is poised to play a leading role, shaping its future and driving its adoption in the broader financial ecosystem.
BITCOIN - Price can little correct and then continue growHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some days ago, the price rose to resistance line and then turned around and dropped to support line, which started to grow.
Then BTC rose to almost to resistance level, after which made a correction to support line and then continued to rise.
Soon, BTC broke $102000 level and reached resistance line, after which price turned around and made downward impulse.
Price broke $102000 level with support line and started to trades inside flat, where it reached $92600 level.
BTC some time traded inside this level, and later price bounced and reached resistance level.
Recently it fell to support level and then started to grow, so, I think it little correct and then continue to grow to $99900
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Bitcoin can exit from pennant and rise to 97300 resistance levelHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some days ago started to trade inside the upward channel, where it at once rebounded from the buyer zone and rose a little. After this, it corrected to the support level and then in a short time rose to the resistance level, which coincided with the seller zone, but when it reached this level, BTC at once made a small correction. Next, the price finally broke this level and rose to the channel's resistance line, after which it made a correction and some time traded inside the seller zone. Later, the price made an upward impulse, exiting from the upward channel and when it reached 102K points, BTC turned around and started to decline inside the downward pennant. In this pattern, the price dropped to the support line of the pennant, breaking the 97300 and 93300 levels, after which it started to grow. Recently, Bitcoin reached the resistance line of the pennant pattern, breaking the 93300 level. So, given the current market conditions, I expect that BTC can exit from the pennant and then make a correction to the support level. After this movement, the price can start to move up to the 97300 resistance level. For this case, I set my TP at this level. Please share this idea with your friends and click Boost 🚀
HelenP. I Bitcoin can correct to trend line and then rebound upHi folks today I'm prepared for you Bitcoin analytics. In this chart, we can see how the price rose to the trend line and then turned around and dropped to the resistance level, which coincided with the resistance zone. After this, the price tried to grow but failed and broke the 101000 level and continued to fall to the support level, which coincided with the support zone, and when BTC reached this level, it at once rebounded up. Then price turned around and made a correction movement to the support level, after which repeated movement up to almost the resistance level. Next, Bitcoin made a correction to the 93200 support level again and even entered to support zone, but soon turned around and rebounded up to the trend line. When the price reached this line, it broke it and made a retest, after which continued to grow to a resistance zone. So, when BTC entered to resistance area, it turned around and at once dropped to the trend line, breaking the resistance level one more time. Just now, the price trades near the support level and I expect that BTCUSDT will correct to the trend line and then start to grow. For this case, I set my goal at 97000 points. If you like my analytics you may support me with your like/comment ❤️
PENDLE RWA Bullish Chart prediction 2025Pendle has been excellent in 2024. The project is delivering and moving to the Top 50 is possible.
Given its market cap to be sitting around $600M only, means it can have the same upside as AAVE as PENDLE is RWA and tokenization for LINK and Axelar. If you don’t hold PENDLE in your portfolio, you can enter at $4.
Future Potential: Pendle's real-world asset (RWA) tokenization offers new opportunities for investment and liquidity. By bridging traditional finance with blockchain, PENDLE could become a key player in the evolving financial landscape.
Latest News: Pendle Expands Tokenization Services to New Markets
Usual Labs, the firm behind the DeFi protocol Usual, altered the code for its bond-like USD0++ token, reducing its fixed price from $0.995 to $0.87, causing chaos among DeFi apps that treated USD0 and USD0++ as equal in value.
The change, which Usual claims was announced and planned since October, caught many investors and developers off guard, leading to criticism over poor communication.
The price adjustment has disrupted DeFi integrations, with users of protocols like Pendle potentially facing losses due to the devaluation of USD0++ principal tokens.
USD0 is a stablecoin pegged to the dollar and backed by real-world assets, while USD0++ is a staked version locked for four years, previously redeemable at a one-to-one ratio for USD0.
Usual has updated its documentation to reflect the $0.87 redemption floor, but a conditional exit allowing one-to-one redemption for USD0 is expected next week, requiring users to forfeit some accrued yields.
Concerns remain about the profitability of holding USD0++ until maturity, with industry figures like Aave's Stani Kulechov warning of potential long-term losses.
Power is gonna increase It's bullish Power!BINANCE:POWRUSDT
POWER Ledger has formed an ascending Triangle which means the price is gonna increase soon!
No break out yet! but the price will increase accordingly!
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
👉 Follow me for daily updates,
💬 Comment and like to share your thoughts,
📌 And check the link in my bio for even more resources!
Let’s navigate the markets together—join the journey today! 💹✨
STORJ Breakout Loading Is a Bullish Surge on the Horizon?Pattern and Setup
Symmetrical Triangle Formation. A bullish pattern indicating potential upward momentum.
The price is currently consolidating within the triangle, nearing a potential breakout point.
Key Levels and Targets
Trendline Resistance at $0.70 this is a critical breakout level to watch.
Breakout Confirmation above $0.70 could lead to a significant upward move.
Strategy
Wait for a clear breakout with strong volume above $0.70 for a bullish entry.
Upside potential will depend on market conditions and momentum after the breakout.
Risk Management
Consider placing stop-loss levels below the lower trendline or recent support to manage downside risk. Target prices can be adjusted as the breakout unfolds, monitoring resistance zones.
Insights
Symmetrical triangles often indicatecontinuation, and this setup leans bullish. However, always confirm with volume for stronger conviction. Stay alert for false breakouts or a downside breach if momentum fades.
an update on USDT's DominanceCRYPTOCAP:USDT.D
✅ Tether Dominance once again reacted to the 4.40 supply range and broke the hourly uptrend line after consecutive bearish divergences👌
✅ It can currently record a corrective wave to the demand range of 4.10 to 4.16 👍
✅ Tether dominance is also fluctuating in the daily trading range of 3.73 to 4.60, and the next upward wave of the market will begin with the breakdown of the 3.73 support 👌
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
👉 Follow me for daily updates,
💬 Comment and like to share your thoughts,
📌 And check the link in my bio for even more resources!
Let’s navigate the markets together—join the journey today! 💹✨
AIXBT/USDT: 30% Breakout Potential From Range Consolidation Here's a simple trading idea for AIXBTUSDT 🎯
AIXBT Breakout Play Setup 📈
AIXBTUSDT 1H Chart
Strategy: Bullish Breakout from Consolidation
Entry Zone: 0.28-0.29
Target: 0.38 (30.75% potential)
Stop Loss: Below 0.27 - 4H CLOSE
Key Points:
- Price consolidating in range
- Strong uptrend support
- Clear breakout structure forming
Wait for convincing break above 0.31000 with volume before entry.
Risk responsibly! Not financial advice." DYOR ---
This is a straightforward breakout trade setup with clear entry, target, and stop levels. The idea is easy to follow and execute for traders of any experience level. Would you like me to explain any part in more detail?
"USDT Dominance Analysis: Potential Reversal from Key Support"On the 4-hour chart, USDT Dominance recently tested the key support box around 3.73% - 3.75%, which has acted as a strong demand zone in the past. After a bounce from this level, USDT.D has risen by approximately 17% over the past few sessions, signaling a potential shift in market sentiment.
Key Observations:
Support Zone: The 3.73% - 3.75% range continues to serve as a significant level where buyers step in, pushing the dominance higher.
Current Resistance: Watch out for the 4.40% - 4.50% range, as it could act as a short-term resistance zone.
What It Means for the Market:
A rising USDT dominance typically indicates increasing market caution, as traders move funds into stablecoins.
If USDT.D continues upward, we might see further corrections or consolidation in major crypto assets like BTC and ETH.
Conversely, a rejection near resistance could signal a return of bullish momentum in the broader crypto market.
Outlook: Monitor the resistance zone closely for potential reversal signals. A breakout above could indicate continued risk-off behavior, while a rejection may encourage a move back toward the support zone.
Bitcoin can exit from pennant and then start to growHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price a few moments ago broke the resistance level, which coincided with the seller zone and continued to move up next. Price rose to 108300 points (New ATH) and then started to decline in a triangle. In a short time, BTC fell to the 101800 level, broke it again, and then made a retest, after which continued to move down. Later, the price fell to the support level, which coincided with the buyer zone, and then bounced up, but soon turned around and declined back to the 93400 level. Then BTC turned around and rose to the resistance line of the triangle and then started to fall to the buyer zone. After it reached this area, the price some time traded inside and then rebounded up, thereby exiting from the triangle and continuing to grow in the pennant. In a pennant pattern, Bitcoin rose to the seller zone, after which it turned around and dropped to support line of this pattern. Recently it rebounded and now I expect that BTC can fall a little more, even exit from pennant, and then turn around and start to grow. For this case, I set my TP at 99000 points. Please share this idea with your friends and click Boost 🚀
HelenP. I Bitcoin will break trend line and rise to $102500Hi folks today I'm prepared for you Bitcoin analytics. Some time ago price declined to the support level, which coincided with the support zone, and then at once made impulse up to the resistance zone. After this movement, BTC turned around and dropped from the resistance zone to 90500 points, after which quickly backed up and then corrected to the support level. Later price started to grow and soon reached the resistance level again and then broke it, after which made a retest and rose to the trend line. After this movement, BTC turned around from the trend line and made an impulse down to the support zone, even a little below, breaking resistance with support levels. Soon, the price rose higher than the support level but later fell back and then finally rose. Next, BTC some time traded near the 94500 support level and later dropped below this level one more time, after which started to grow and rose to the rend line, where at the moment it continues to trades close. In my opinion, BTCUSDT will make the mall correction and then bounce up to the resistance level, breaking the trend line. That's why my goal is the 102500 resistance level. If you like my analytics you may support me with your like/comment ❤️
DXY (U.S. DOLLAR INDEX) | 1 DAY | UP AFTER THE PULLBACKHi there, dear friends,
I’m sharing my analysis of the U.S. Dollar Index - ( TVC:DXY ) with you. Key points have been carefully highlighted on the chart. Right now, we’re seeing a pullback, but I’m anticipating an upward movement following this phase.
If you’d like to see more analysis like this, don’t forget to hit the like button.🚀
Thanks a lot 🙏🏻
How to nail BTC flash crashes and see into the future!The most accurate analyst on TView is back!
The only one who calls black swan events before they happen, calls bottoms on the day they happen and calls flash crashes hours before they occur, is back on TView.
Yesterday I posted this privately:
Left chart yellow arrow shows everytime the right chart USDT Dominance hit the green trendline.
Break down below red line on RSI and the green trendline on chart for USDT.D should take BTC to yellow line or red line above on left chart. Bounce off these lines on USDT.D chart and BTC trade would be a short right now.
I have closed the short trade now based off another chart which I won't show here. If I show this other chart publicly it will get invalidated as it is a fractal showing every move BTC has made for the last 6 weeks including yesterdays flash crash.
Seeya soon for more alpha analysis!
USDT.DOMINANCE CHART UPDATE ;-USDT.DOMINANCE CHART UPDATE!
Descending Channel: Dominance is trading within a well-defined descending channel, indicating a controlled downtrend.
Resistance Zone: It is currently approaching the upper boundary of the channel and a horizontal resistance zone near 4.30%-4.32%. This confluence zone could act as a rejection point.
Potential Downside: Failure to break this resistance zone could lead to a downward move toward the lower boundary of the channel, around 3.80%-3.90%.
Bearish Bias: Dominance remains under bearish pressure as long as it remains within the descending channel.
If there is a breakout above 4.32%, it could temporarily turn the sentiment bullish, indicating a reversal or a temporary halt to upward momentum.
Let me know if you’d like further assistance or adjustments!
DYOR. NFA