#FTMUSDT 1W Update

Since we shared the #FTM analysis, its price has doubled. HOLD tight until it reaches the remaining targets!


Short-term targets:
🎯 $0.9895 ✅
🎯 $1.4961 ✅
🎯 $1.9055

Mid-term targets:
🎯 $2.3149
🎯 $2.8977
🎯 $3.6402

Long-term targets:
🎯 $4.5839
🎯 $5.0766
🎯 $5.7844
🎯 $7.1097

#BTCUSDT 12H

#Bitcoin has four key factors, apart from news and market psychology, that have contributed to its drop—something we were expecting. Remember, every drop is a buying opportunity. The market is gathering its fuel to make a big move and explode upward.🚀 So, these days are shopping time😀. Now, let’s go through the four points:

1- CME Gap: Bitcoin had a CME gap between $103,670 and $102,470 that needed to be filled.
2- Bearish Divergence: It showed bearish divergence across most timeframes, which we’ve illustrated on the chart.
3- Weak Buying Power: There hasn’t been strong buying power, and selling volumes have been higher.
4- Bitcoin Dominance: Dominance has made another move toward 59–60%, likely to shake out weak hands and gather bullish fuel for the next rally.


👍On the chart, we’ve identified two potential points where Bitcoin could rebound:

1- Around the 12H MA50: This is roughly at the bottom of the ascending channel and aligns with the horizontal support level at $98,292.61, making it a strong potential reversal point.
2- If the ascending channel breaks: #Bitcoin could drop to retest the 12H MA100, which is near the support zone between $93,010 and $92,310, before moving back up.

💁‍♂️If Bitcoin reverses upward, the first target is 🎯$110,657, and the second target is 🎯$118,828. For now, we’ll stick to this analysis and see how the market reacts.

🤚Avoid using leveraged trades under any circumstances until the market establishes its direction.

💡💡💡: X payment system 'X Money' to launch in 2025, CEO Linda Yaccarino says.