4 hours ago

Trader Issues Urgent Bitcoin Alert, Says BTC Will Start ‘Looking Really Bad’ if Critical Support Level Crumbles

A top cryptocurrency analyst and trader is warning that Bitcoin ( BTC ) may plummet if it loses one key level to the downside. The analyst pseudonymously known as DonAlt tells the 65,100 subscribers of the Technical Roundup YouTube channel that Bitcoin could correct more than 13% from its current value. However, he warns if Bitcoin cannot hold $80,000 as support, a bearish trend may persist. “It would be good if [Bitcoin] held $95,000. If not, and if all of this breaks down, you’re basically out of luck in terms of support. And then you have to look in here for new structure to be built. I hope it wouldn’t go below $80,000, that starts looking really bad.” Source: DonAlt/YouTube He also says Bitcoin may reignite a bull rally if it can regain $98,000 as support on the weekly chart. “It’s going to be an interesting weekly close. If we reverse this candle and close above $98,000, I think that’s hilariously bullish at that point. That’s like a really good setup. Stop below the low and target new highs. If we close below it, right below this box ($98,000), it starts looking a little bit worse. There’s really no support. When you go up like this in a straight line that’s nice and that’s good, but when you go back down, there’s no support that you can bid, which makes this all a little bit more difficult. But that doesn’t mean there’s no support. It just means it’s more difficult to find the area where it’s going to stop dumping.” Source: DonAlt/YouTube Bitcoin is trading for $92,483 at time of writing, down 2.5% in the last 24 hours. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Trader Issues Urgent Bitcoin Alert, Says BTC Will Start ‘Looking Really Bad’ if Critical Support Level Crumbles appeared first on The Daily Hodl .

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ETH to the Moon in 2025? New Crypto Players Could Spark a Wild Ride

The post ETH to the Moon in 2025? New Crypto Players Could Spark a Wild Ride appeared first on Coinpedia Fintech News After its impressive bull run last year, analysts are anticipating that ETH will continue to dominate the crypto space in 2025. Meanwhile, their attention is also turning to new crypto players like Lunex Network, which is shaking up the DeFi industry. Lunex Network is not only driving technological advancements but also creating incredibly lucrative opportunities for investors. With its exciting features and a highly successful presale, Lunex Network could take investors to new profit dimensions in 2025. Why Lunex Network May Just Be Your Ticket To A World Of Financial Freedom Profit-seeking investors know that the real winners in the crypto space aren’t the projects that have already peaked, like ETH, but the ones brimming with untapped potential. This is why new ICO-providing projects like Lunex Network have become hot topics due to the unlimited profit potential they offer. Since its debut in the DeFi space, Lunex Network has positioned itself as a must-have new crypto in any well-rounded portfolio. Lunex Network’s value proposition is clear : a platform designed to streamline cross-chain interactions and make transactions seamless. But Lunex Network isn’t just about speculative gains. It offers practical benefits, such as an 18% APY staking reward for holders of its native token LNEX. These holders also get to enjoy the benefits associated with Lunex Network’s special revenue-sharing model, which ensures that they’re rewarded while driving long-term value for LNEX. As a Web3 multi-chain bridge network, Lunex Network operates on a decentralized, non-custodial protocol that facilitates instant and cost-effective cross-chain transactions. It taps into deep liquidity to provide an alternative to traditional centralized exchanges. This makes it a go-to solution for DeFi traders and liquidity providers alike. Are There Green Charts In Ethereum’s Future? Ethereum (ETH) was remarkable in 2024, with a 45.54% growth between January and December. This surge was largely supported by the approval and expansion of its spot ETFs. In the same year, ETH’s transition to a proof-of-stake consensus bumped energy efficiency and reinforced ETH’s position as the leading option for smart contracts and dApps. With this system still in place, market experts are beginning to release their ETH price predictions, anticipating further growth. For instance, Coinmarketcap analysts expect ETH’s value to rise by a staggering 400% by 2025. Although ETH has been trading around the $3,400 mark for the past week, these analysts believe that it is facing strong resistance at $3,990, a level where many investors may sell. Breaking above this point could push the price to $4,090, which is another key resistance zone. According to the ETH price prediction charts, support levels to keep an eye on include $3,250 and $2,950, which are aligned with the 200-day moving average, and $2,720, where buyers are likely to step in. With these conditions, ETH’s growth trend is clearly bullish and might remain that way till the end of Q1 2025. Conclusion While ETH is projected to reach new heights in 2025, Lunex Network is firmly establishing its presence in the DeFi market with its live presale. Through the presale, interested investors can get LNEX tokens at a discounted $0.0054 each. Buy LNEX today! You can find more information about Lunex Network (LNEX) here: Website: https://lunexnetwork.com Socials: https://linktr.ee/lunexnetwork The Daily Hodl