Markets showing good strength. Expecting #Bitcoin to break or sweep the highs at $45K relatively soon.
If that happens, but in a slow manner, then we've got a ton of liquidity to sweep on the lows, as people are turning bullish at resistance always.
#BTC
It has entered a short-term correction from the $52,000 range, which was a significant resistance as well as the trading ceiling.
As long as it is trading above the $49,000 range, these corrections mean a pullback to the previous ceiling and the broken downtrend.
#crypto
#Crypto is about #BTC#ETH & other #altcoins
DEC is historically marked the bottom of ETH at BTC pair. It is about cycles movement.
In my view, ETH will start outperforming BTC in Q1 2022.
#cryptocurrencies
In Short Term BTC On A Uptrend After Made A Double Bottom & Following Trend Line Perfectly.We Already Seen A Bull Flag Breakout At 49k Level & Another One Making Here. So If #BTC Break This Cureent Bull Flag And Follow Last One Then 53-54k$ Will Be Next Target
Just over 1,700 venture capital deals focused on the #crypto space occurred in 2021, netting these startups, projects and protocols some $25.1 billion in financing
#USDT supply on exchanges is at a 1-year high, indicating that investors have become risk-averse and sold into stable assets.
31% of the total USDT supply is sitting idle on exchanges, suggesting traders are turning risk-off or locking in end-of-year profits
Venture capitalists have bet big on #crypto start-ups in 2021, investing more than $27 billion globally as of late November, more than the previous 10 years combined
#AltSeaon#Bitcoin