Harga BlueMoveMOVE

Feel like this one is the real move for MMs. Push crypto hard before news, people go long, negative news, long liquidated, people go short! Which might have formed the final bottom and we go up from here now and shorts get liquidated 🤔

•Cardano ($ADA) has gone down by 4.8% in the past 24 hours as cryptos have started the week on a negative tone ahead of a speech scheduled for today from the Chairman of the Federal Reserve, Jerome Powell. •Recent comments from its founder, Charles Hoskinson, have provided a glimpse of what Cardano is aiming to achieve and why its goals set it apart from its rivals. •Hoskinson stressed during an interview this week that he and his team are aware of the network’s weaknesses and flaws but they also know how to move forward to make things better. Hoskinson Emphasizes Cardano’s Potential to Host Bitcoin DeFi Apps Cardano has been criticized by both investors and the crypto community for its inability to capitalize on the strongest trends that have propelled other networks recently. Its decentralized finance (DeFi) ecosystem is quite small with a total value locked (TVL) under $320 million compared to Solana’s $7 billion while the network has not embraced top stablecoins like $USDT or $USDC and failed to create a supportive environment for meme coin enthusiasts as well. However, Hoskinson emphasized two key strengths that the crypto community could be overlooking. The first is Cardano’s massive treasury, which currently holds $1.5 billion worth of $ADA. These funds can be invested to improve the network and develop the required upgrades and applications to help it thrive. Moreover, he argued that Cardano’s design is the best to help expand Bitcoin’s untapped potential in the DeFi space.“Bitcoin DeFi is the largest market opportunity of our lives,” Hoskinson claimed. “Cardano is the best system in the entire world to enable Bitcoin DeFi. Not Solana, not Ethereum, because we’re EUTXO. The way we’re designed, when you’re a Bitcoin developer, you instantly understand it,” he concluded. Cardano Traps Bears But Retests Trend Line Support ADA’s price currently sits at $0.6063 while trading volumes have gone up by nearly 17% in the past 24 hours. The daily chart shows that ADA’s drop below a key trend line support earlier this month ended up trapping bears as President Donald Trump temporarily backpedaled from his hostile trade policies. However, the price is now retesting this key threshold again and a drop below could resume the downtrend and push ADA back to the low $0.50s. Storing digital assets like Cardano (ADA) securely is essential for long-term investors aiming to maximize gains as prices rise over time. Best Wallet is quickly becoming a go-to option, thanks to its innovative features and user-friendly design that set it apart from traditional crypto wallets. Best Wallet (BEST) Raises Nearly $12M to Launch its Web3 Storage Solution

Yesterday, I mapped out an uptrend scenario from the order block (OB) to the FVG shaded zone above. As anticipated, price is currently retesting that FVG range. What’s not fully confirmed yet is whether we’ll see a continuation rally as projected in the previous chart. According to the latest chart I shared this morning, $BTC is currently in Wave 4 correction within an A-B-C Elliott Wave structure. There’s a possibility we dip a bit lower than the earlier scenario before completing the move. Watching how this unfolds carefully — stay tuned for updates. #Bitcoin #BTC #CryptoTrading #ElliottWave #OrderBlock #FVG

Bitcoin has struggled to reclaim the $70,000 mark after peaking at $73,000, facing strong headwinds from past events like the Mt. Gox repayments and recent Bitcoin sales by the German government. Despite hopes of reaching $100,000, the current market signals suggest caution. Key Bearish Indicators: Current Price: $58,129 Technical Patterns: A death cross on the daily chart and an evening star on the weekly — both hinting at a potential downtrend. Support & Resistance: Immediate support lies at $51,000, with resistance around $59,800. Seasonal Trends: Historically, August and September tend to be bearish for Bitcoin. August 2024 has already posted a 10% drop, and September is often the weakest month of the year. However, October typically brings renewed bullish sentiment. Market Sentiment: The Fear and Greed Index has dropped to 27 (Fear), reflecting growing anxiety among traders and hesitation to buy at current levels. Risk of Panic Selling: Data shows 75% of Bitcoin holders remain in profit. A sustained bearish move could trigger panic selling, with potential downside targets around $48,000. On-Chain Activity to Watch: Recent movements of seized Bitcoin by the U.S. government hint at possible future sales — a factor that could apply additional downward pressure on prices. Final Thoughts: While short-term sentiment appears bearish, long-term investors might consider strategies like Dollar Cost Averaging (DCA) to navigate the volatility and prepare for potential recovery phases.

As of April 16, 2025, Bitcoin (BTC) is trading at approximately $83,656.49, marking a 1.03% decline from the previous day. The cryptocurrency has been showing signs of volatility, reflecting broader market uncertainty and cooling momentum after peaking earlier this year. Despite a sharp pullback from its all-time high of $109,588, BTC remains a key focus for investors trying to determine its next move. Market Overview: Bitcoin Daily Performance (Past Week) Here’s a breakdown of BTC’s price activity over the past several days: April 16, 2025 Open: $84,078.80 High: $85,438.20 Low: $83,143.50 Close: $83,656.49 Change: -1.03% April 15, 2025 Open: $83,647.00 High: $86,438.80 Low: $83,602.70 Close: $84,523.45 Change: +1.11% April 14, 2025 Open: $84,586.40 High: $85,794.90 Low: $83,705.20 Close: $83,600.82 Change: -1.17% April 13, 2025 Open: $83,734.40 High: $85,999.50 Low: $83,049.60 Close: $85,305.10 Change: +1.88% April 12, 2025 Open: $85,292.70 High: $85,893.50 Low: $82,828.00 Close: $83,439.29 Change: -2.17% April 11, 2025 Open: $83,413.10 High: $84,275.00 Low: $79,004.20 Close: $79,596.36 Change: -4.59% Technical Analysis: Support and Resistance Levels Support Zones: $84,500 – Immediate support zone. $81,500 – A critical level for maintaining upward momentum. $73,800 – Deeper support, may be tested if bearish pressure increases. Resistance Zones: $86,500 – Near-term resistance; breaking above this may push BTC toward higher levels. $90,000 – A key psychological barrier. A breach here could rejuvenate bullish sentiment. Technical Indicators Moving Averages: The 50-day MA is approaching a crossover below the 200-day MA – commonly known as the “death cross”. This is often considered a bearish signal suggesting potential further declines. Relative Strength Index (RSI): The RSI currently sits at 41.83, indicating that BTC is in neutral territory—neither oversold nor overbought. MACD Analysis: A recent MACD crossover and declining momentum hint at further downside risk if BTC fails to hold above $84,000. Market Sentiment & Macroeconomic Context Bitcoin’s current downtrend is set against a backdrop of macroeconomic uncertainty. U.S. tariff announcements and inflation concerns have contributed to market jitters, yet the relatively subdued reaction from BTC compared to past cycles reflects a maturing asset class. Furthermore, some analysts foresee bullish recovery with price targets around $126,831 by late April, while others caution that a dip to $73,800 remains possible if support zones fail. --- Conclusion Bitcoin’s current price action suggests consolidation within a tight range. Traders and investors should keep a close eye on key support at $84,000 and $81,500, and resistance levels at $86,500 and $90,000. A confirmed breakout or breakdown beyond these levels will likely determine the short- to mid-term direction of BTC. With technical indicators presenting mixed signals, this is a time for strategic caution rather than impulsive decisions. Patience and data-driven strategies will be key in navigating Bitcoin’s next big move. $BTC