Bitcoin on the dollar here
We're gonna be taking a look at bitcoins technical analysis along with aetherium and ripple against the US dollar as well as its satoshi pairings
Looking at Bitcoin we've broken this long-standing pennant that we actually predicted in our last videos
We predicted aetherium and ripples price action as well
If you guys have been keeping up and if you guys are a part of our premium discord grouper
We're sending out all of our cryptocurrency trade signals
We just did a 20% aetherium call if you guys are on there. You can see everyone's making profit
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So make sure to get into our Groot. The link is in description below but looking at this graph here
We're following exactly what we expected
We broke that 50-day moving average and now we're not just above the 50-day moving average were also above that
100-day moving average, which is extremely
Important because now we've got two resistance levels here acting as strong support. We've got the resistance of this
Previous descending resistance level acting as now new support levels for Bitcoin. So things are looking quite well
this could certainly be the start to buyers and
institutions coming into this market as we see more regulations mature if you look at recent headlines
ETFs are back on the table
now that the government shutdown is starting to weave away and
Things of that nature is just gonna drive more buyers in its market looking at the buyer volume here
You can see we're seeing that increase here and by your volume very positive
We've got this ascending support level and we've broken this major resistance line as we've talked about
So looking at this RSI, you can see we're also seeing a bullish RSI here
It's not necessarily completely overbought just yet, but we are in overbought level. So I'd be expecting a small pull back slightly
Soon if we were to probably pull up like a one-hour chart for example
We'd probably go a lot more in depth on this technical analysis, but you can see we're just continuing to rise now
We do have this major resistance here
That's most likely gonna hit and so we're most likely see some sort of a you know correction a small correction right along that
4,000 big even I wouldn't be surprised for us to see a small correction here. Maybe bounce right back around that 3840 level before seeing
continued skies here with Bitcoin, so
Transitioning into a theory to the Bitcoin value here. This is a Satoshi value of aetherium
You can see you're looking at the daily chart. This is actually what we've had drawn out
We've also followed exactly what we predicted here
Once we saw this Golden Cross occur, by the way, a lot of you guys are commenting about this Golden Cross
Oh, it has to be the 50-day and a 208 moving average not necessarily
It just has to be a lower moving average and a higher moving average. Obviously the 50 and the 200
Crossing over like that would be a lot more of a significant indicator in
Comparison to the 50 and the 100 but this is still a very very huge indicator. You can see exactly what we predicted here
we saw this run up here following that Golden Cross and
Following that ascending support level that we've now finally broken alongside this major resisted. Why is this major resistance?
Well, guess what? We've got that 50-day moving average. We've got this ascending triangle resistance level now
So in terms of breakout, where are we gonna see the continued highs?
I'm looking at right around that 4.1 million satoshi mark like we predicted
several days ago if you guys have been keeping up with our videos by the way like this video if you guys appreciate
these
consistent updates and subscribe to the channel if you guys haven't already and so
Looking at the MACD. We're looking really good here in terms of buyer pressure coming in with a cystogram
Approaching these known resistance levels here
So sooner or later, we're gonna see that pullback
But I think we'll see a little bit of some higher highs with aetherium in Bitcoin over the next few
days, if not the next, you know, 24 to 48 hours before we see some sort of a
Minor correction like we saw here for example before seeing any continued highs
But the overall pattern is bullish on both charts, and that's what's exciting right now
You're starting to see high volume. You can see insane amounts of buyer volume here. And then if you look at the daily
transaction volume for Bitcoin right now when you're still at these all-time highs the same highs that we saw back in December when
Bitcoin reached 20,000 if we look at coin market cap
we're starting to see bitcoins dominance start to decrease and some altcoins starting to rise, which is actually why I think
Looking at this transition here in the XRP. We're seeing some lower price levels
vol here
Because in my opinion buyers are starting to go into these altcoins
Which is why I highly recommend you guys are in our premium discord route because we're posting daily
Altcoin signals and we're seeing 5 percent 8 percent 12 percent
Consistently and then like today we saw 20 percent with the theorems signal that we sent out and so I'm highly highly excited
I'm super excited. I'm sorry about all coins season coming back into fruition sometime soon started to see Bitcoin demand
It's starting to drop so looking at
Ripple here
You know
I'm guessing we're seeing some people pull out their money here trying to get into these alt coins as they're starting to see
Etherium and litecoin and some of these are their alts at all-time lows
and so I'm expecting this major support to hold here right around that seventy three hundred Satoshi mark
I've got nothing against triple' but then in the day the technicals just aren't looking good
The fundamentals are obviously a lot better looking at the RSI pretty bearish RSI here
We're still below 40
so we're pretty much watching this as
That strong resistance level for us to indicate when we're gonna start seeing any sort of higher levels here with a theorem
so I'd be a little bit more careful with the theorem here looking at a theorem or
Ripple here against the US dollar a little bit of a different analysis here. You can see looking a lot better
We're following this consistent pattern here inside of this triangle with the descending resistance and ascending support level
We just broke past that 50-day moving average. You're approaching that 108 moving average
So we might see a little bit of some downside there looking at the RSI as well. It's showing the same exact thing
We're approaching this
Resistance as strong resistance is right around
60 and so
In my opinion that 100 a may push it back a little bit might take a little bit of time before breaking out of this
pattern and that's why I just don't think we'll see a ripple perform as much as
Bitcoin in aetherium over the next 24 to 48 hours, you know for you to pull up aetherium technical analysis
And by the way, there's not just those two resistance levels here, but the other resistance level is this descending resistance
so there's heavy resistance with the 50-day and the 100 day moving average and the triangles resistance level and so I'm just not as
optimistic about Ripple's price action over the next 24-48 hours as much as I am optimistic about
Etherium and Bitcoin looking at a theorem to the US dollar. We haven't taken look at this chart here
So we're seeing this known resistance level just now being broken. So this was a trend
Confirmation here. We're starting to see the trend back up. We're seeing by or volume come in. We're above that 50-day
We're above that 108
So I'm telling you right now Bitcoin in Atheneum against the US dollar is looking really really good right now looking at this
Bullish RSI here. We're in these bull levels. One thing I did notice is
Aetherium is known to stay at these bullish levels once it's past 60
So this could just be the start and we could certainly see a little bit more action here some higher levels
Over the next few weeks if we were to ask, what's the next target?
Well, you've obviously got this extremely strong resistance here as well right around that 180 US dollar mark
So I would expect our first target to be right around that
$180 US mark and if you guys were following our signals, you know exactly what targets I've set out for aetherium
So make sure to join our group if you guys haven't already the link is in the description below
Looking back at bitcoins technical analysis
I do want to point out a couple of different things that I'm looking
Forward to over the next few weeks that I hope you guys are also going to be looking forward to but first let's actually pull
up the total market capitalization
chart here for bit just to talk about what's
Happening here as we're starting to see this huge amount of volume
Starting to come into this market you can see this is actually the same type of volume that we saw back when Bitcoin was at
$20,000 and so
What's interesting about that is our market cap is a lot less than it was back then right so we're right between that one hundred
and one hundred and seventy-five billion dollar market cap and back over around this time frame our market cap was
Significantly higher you can see we were right around that almost
One trillion dollar market cap we were right around 700
Billion, and sorry now. We're at a hundred
Billion, but we're seeing similar amounts of volume a lot of buyer volume and I really wouldn't be surprised for this right here to act
As that strong support after this long correction that we've been through and for us to start digging our way back up
to these higher highs seeing that 200 billion dollar market cap as a target sometime soon because as you can see
We're pretty open here in terms of space
There's not much, you know resistance here up to that 200 billion dollar market cap, obviously
This is you know, a huge level of resistance here
And so we're most likely see resistance right around that 200 billion but looking really positive
I'd love to hear you guys's comments on crypto currencies. Are they coming back are the altcoins gonna start seeing some action?
Are we back in season? Are we back in bowl season?
Leave it in the comments below if you guys are not part of our premium group. We've had some amazing
Cryptocurrency signals forex signals every single day. The link is in the description below. We also have this huge
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Tab in our discord if you guys join our group where you guys can learn some advanced
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I'm gonna see you guys all on our discord as well
I'm gonna be heading over there right now looking at some more pairings for some potential signals
but once again, thank you guys for watching like this video if you haven't already subscribe to the youtube channel and
We will be live this week. Most likely tomorrow taking some live audience questions. So thank you guys so much for watching. Take care
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