Crypto Surge Announcements

40,000k 🚀

CZ steps down as #safu CEO Binance's Zhao to plead guilty, step down to settle US illicit finance probe https://www.reuters.com/markets/us/us-authorities-set-unveil-settlement-with-binance-source-2023-11-21/

Matrixpoint predicts $120,000 by December 2023. That would mean, two months of near vertical uptrend. Bullish sentiment is getting real! 😆

We should stay vigilant. This scenario is still a possibility.

Bull trend formed, with a resistance at $36k. Price could test the fib .382 resistance soon.

Technical analysis: On small timeframes we see a bullish trend. On the macro, we are still inside the 0.236 - 0.382 bearish range. This range matches with the bottom on June 2021 dump. breaking the resistance area and reaching $36k per BTC, would be a confirmation of the lower timeframe trend, and the price would enter the decission area in the Fibonnacci 0.382 - 0.5 range. From a fundamental point of view, there is a bullish hypothesis getting strength, based on the ETFs deadlines in Q1 2024, as well as the BTC halving. However, other alternative hypothesis are also present. Bull or bear? short or long term? Feel free to comment and discuss the topic.

Jack is also feeling those bear market' vibes. https://vxtwitter.com/ercwl/status/1701936070596919754

The BTC/USD pair could potentially drop to $20,000 or lower, a sentiment widely anticipated by most traders. This expectation creates an opportunity for a whale or a group of whales to take the opposite position, aiming to liquidate all short positions. #BTC #CryptoTrading