Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Bitcoin Surpasses $100,000 Amid Inflation Relief and Anticipation of Trump’s Crypto Policies

Bitcoin has surged past the $100,000 threshold, demonstrating resilience in the crypto market amidst a shifting economic landscape. This remarkable price movement comes in the wake of supportive economic indicators, CoinOtag

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BINANCE COIN PRICE ANALYSIS & PREDICTION (January 15) – BNB’s Volatility Shrinks After a Slight Recovery, Potential Surge Ahead

BNB’s next major move looks dicey on the daily chart due to volatility shrinking in the past week. However, its long-term bullish trajectory remains valid as the price has floated around $700 for the past few days. BNB’s overall outlook is still considered bullish on the daily chart, but the past month’s correction has subjected the market to a slight bearish phase, and as we can see, the price is looking weak on the short term. Crossing over into this week flat, the crypto initiated a drop and crashed to a low of $660 on Monday. However, the price recovered fast from that low and managed to close above the $700 level that same day. This brought a small relief in the market and the price remained calm ever since. But things have turned negative in the past hours due to the latest weakness. A further drop may result in a serious pain capable of sending the asset to a new month low. As of now, the buyers are off the market. If they manage to step back, BNB may surge through the $200 level. Even though that happens, it must increase above the December high before confirming major moves. There’s nothing much to expect now as the price remains flat daily. A notable surge from the current trading level would determine where it will likely head next. BNB Key Level To Watch Source: Tradingview Now that the daily price is weak, BNB may slide through the weekly $660 support to test a minor level of $630. The subsequent support levels to watch for a further dip are $618.7 and $593. If the bulls push above the $700 level, the resistance levels to consider for an increase would be $745, followed by hidden resistance of $760 and $793.8, where a major breakup lies. Key Resistance Levels: $700, $745, $793.8 Key Support Levels: $660, $618.7, $593 Spot Price: $690 Trend: Neutral-Bullish Volatility: Low Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: skorzewiak/ 123RF // Image Effects by Colorcinch CoinOtag