BTC Update:

Hello members, we believe you all had a good time with your family and loved ones during the weekend.

Weekdays are here so let's get back to the updates.

According to our previous analysis, BTC went up to $48300 but failed to break the resistance level. Once again BTC landed into the lower supporting trendline and bounced back.
One thing is clear here, until and unless BTC breaks above the resistance (upper trendline), this 'dodging' game will continue. Same goes if BTC breaks down.
Currently, BTC is at $47500 level and the resistance is at $48100. If BTC couldn't above break this then it will surely fall down trying to touch the lower trendline once again.

We have been accumulating BTC lately and like we said before things may go wrong only if BTC breaks either $44k or $40k levels.

Stay tuned for more updates and try to save your funds as much as you can. Remember, saving your portfolio is also a profit, loosing isn't.

Breaking out. Let's wait for the confirmation.

This the the USDT dominance in 2 hours timeframe.

Breaking below the lower trendline is looking good for BTC and other alts. This can turn out to be a fake down as well so be careful.

We aren't opening any new position here. We must wait for the confirmation.

#Bitcoin  will replace the dollar – Block CEO 🙌

BTC update:

After the 4th attempt to break above the resistance, BTC, finally at the 5th attempt broke the resistance which is a good sign. Now, after the breakout, BTC showed some retest and currently bouncing back.

Could this be the bounce we are expecting or will it retest further?

We need to wait for more confirmation on this one. If BTC has to retest further then $47.5k to $47.9k should be the level. Breaking down below these levels will pull back the price up to $45.3k level.
The $50k level is a resistance which BTC is trying to break for quite a while now. Once BTC is through the $50k level then $52k to $53k will be a strong resistance level to break to confirm a higher rally.

We will update more on this. So, stay tuned.

BTC update:

BTC is moving as expected. After the retest and bounce, BTC did not drop any further, It rather rallied higher. Now, BTC must break above the $50k level to make further move.

We will keep things updated as the market moves.

Stay tuned.

BTC update:

BTC got rejected from $49200 and currently it is holding the 21 MA support level. It is possible to see a rejection till $47700 and then a bounce can be expected.

Keep a note: BTC breaking down below $46600 will be critical and it would drop the price back to $45k level.

Be watchful. We are still bullish but also keeping an eye on all possible scenarios.

BTC is pumping and breaks $50k as we said in our previous updates. Now let's wait for the daily close if we get a close above $50k then it will be very good for the overall market and then our next big resistance is $53,500.

Stay tuned for more updates.

Here's the chart. We have a resistance at $50k level. Let us see whether BTC follows the path.

BTC UPDATE:- BTC is breaking out from the falling wedge cannel in daily time frame which is a very good sign. Now BTC is heading towards the major resistance level which is at $52k-$53k. Once BTC break and close above the $53k level then we will enter in the bullish mode till then stay cautious. Also, there is a weekly closing after two days so we might see some volatility.

We wish you a Merry Christmas🎄
Enjoy this time with your friends and family.

We will update you if anything unusual happens in the market. You just need to stay tuned and pin our channel at top.

BTC UPDATE:- BTC is rejecting from the resistance zone of $52k-$53k as we said on our previous analysis. Currently BTC is retesting the falling wedge channel and bounce off from the 21D ma. All we need is close above this resistance zone of $52k-$53k. Right now BTC is holding the 21D ma and BTC should not close below the 21D ma.

Hope you enjoyed your Christmas. We will start trading in full flow when BTC breaks this resistance level.

Stay tuned and pin our channel at top.

Once again BTC is rejecting from the resistance zone. Yesterday BTC made a high of $52k and got rejected. That's why we told you multiple times that it's very important for BTC to break and close above $52k. Now BTC has a very strong support at around $49k. Also, a 21D MA support here. So BTC must close above this ma and we can expect a bounce from the $49k. If BTC closes below $49k then we might see $44k-$46k again. So do not trade without stop loss.

Stay tuned and pin our channel at top.

Cryptocurrency market is in fear for almost a month!

BTC Update:- BTC is bouncing from the $46,600. In our previous post we told you that if BTC did not manage to hold $49k then we can see more dump and exactly that happened.

What we expect now:- We expect a short term relief bounce but for another bullish rally first BTC has to break the $49k resistance (previously support). We expect a good bounce in the first week of January or might be we can see a new ATH in the month of January but for that BTC must break the $53k resistance.

Let's wait for some bullish confirmation from BTC. Stay tuned and pin our channel at top.

https://www.latestly.com/socially/technology/almost-6b-notional-of-bitcoin-options-are-set-to-expire-on-31dec21-what-a-way-to-end-latest-tweet-by-bitcoin-3197463.html

Expect some volatility in the market. Avoid leverage trading as of now.

MicroStrategy has purchased an additional 1,914 bitcoins for ~$94.2 million in cash at an average price of ~$49,229 per #bitcoin. As of 12/29/21 we #hodl ~124,391 bitcoins acquired for ~$3.75 billion at an average price of ~$30,159 per bitcoin.

https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-acquires-additional-1914-bitcoins_12-30-2021

BTC is pumping and traded above $48k. We already told you that market could be volatile on this day. First we need to break and hold above $49k resistance. Otherwise this pump can become just another fakeout. Right now don't take any trade and don't fomo. Wait for the right time.

Enjoy your New Year Eve with your friends and family. Stay tuned and pin our channel at top.

According to data provided by on-chain data platform Santiment, out of the top 20 publicly visible cryptocurrency projects development activities on Github, Cardano, kusamanetwork & Polkadot are recognized as the top projects with the most development activity in 2021.

ADA is slightly ahead of both kusama and PolkaDot in terms of overall development activity in the past year.

Samsung launches first smart TV with NFT browsing and trading option

https://coingape.com/samsung-launches-first-smart-tv-with-nft-browsing-and-trading-option/

BTC DOMINANCE WEEKLY UPDATE:-

Bitcoin dominance is trading near a very strong support level and trying to breakdown the lower trendline. If we get a weekly close below the trendline or below 39.5 level then we experienced a mega Alt season.

So keep an eye on this support level and stay tuned.