Bitcoin Warning: Most Crypto Investors Have Missed This!

Crypto Banter

Bitcoin and Crypto Market Analysis

The current state of the Bitcoin market is uncertain, with a significant drop in trading volume and a potential breakdown below the $93,539 support level.

Key Support Levels

  • $80,000 to $85,000: A critical support zone for Bitcoin.
  • $78,000: Support level based on the 200 EMA and 50% of the price range.

Market Indicators

  • Funding Rates: Have decreased significantly, which could be a sign of leverage being flushed out of the market.
  • USDT Dominance: Currently range-bound, with a potential breakdown that could bring new liquidity into the market.
  • Bitcoin Dominance: Expected to decrease in 2025, allowing altcoins to catch up.

Altcoin Sector Analysis

  • Solana: Finding major support and could be one of the first to bounce back.
  • Ethereum: Closer to its 30-day moving average compared to Bitcoin.
  • Other altcoins like Cardano and Madick are also approaching support levels.

Market Outlook for 2025

  • Expected to be a strong year for altcoins, with a potential decrease in Bitcoin dominance.
  • The market tends to top out in the post-harvesting year, which could be 2025.
  • A strong Q1 is anticipated, followed by a potential altcoin catch-up.

Competition Reminder

  • Guess the price of Bitcoin at the end of 2024 to win a full Bitcoin.
  • Participation through links in the description, with sign-up bonuses on various exchanges.