#Bitcoin Miners are in Profit

On January 1, miners bought approximately 3,600 BTC when it was selling at $16,700. Between January 5 and 11, they accumulated another 1,000 BTC when prices skyrocketed. But when the price of bitcoin exceeded $20,000, it seems that the miners decided to take profits and sold 4,000 BTC since January 12.

#BTC/USDT

Breaking the channel. There is a possibility that the price will drop to 19900 $ -19800 $

#ETH/USDT

#ADA/USDT

If it can break through the $0.324-$0.326 support, the price will likely decline to the next support.

The cyclical repetition of bitcoin price is theorised to indicate successive new classes of long term investors being initiated to Bitcoin each halving period

#DOGE (Spot Buy)

Entry 1 - 0.08155 CMP (50%)

Entry 2 - 0.075 (50%)

Stoploss : 0.07$

TPs - 0.086 - - 0.105 - 0.12 - 0.15$

According to Token Unlocks, in 2023, it is estimated that Token with a valuation of $102 billion will be unlocked.

The highest locked value include XRP ($17.9 billion), FIL ($4.9 billion), OP ($3.7 billion), Chainlink, BitDAO, ApeCoin, STEPN, etc.

#Bitcoin trying to remain bullish market structure. Price took a short pull-back to the resistance, say retest. Now, its a strong decisional point, either price rejects hard and will made a new Lower Low or Break above for a potential new Higher High.

⚡️MARKET MOVEMENT⚡️

NFT sales volume rebounded significantly in December, finally breaking the downward trend. Blur recorded double the volume of OpenSea during the period

#TOTAL2

If it breaks through the small support zone that has been identified, it will fall down to the next dynamic support, which will cause a sharp decline in altcoins. But if the support range is maintained, the growth will continue until the next resistance. Use a tight stop loss on all altcoins positions.

#DOGE achieved 1 Target ✅

Reached 0.087 $ ✅

6.7% profit ✅

⚡️MARKET MOVEMENT⚡️

Monthly active developers grew +5% year-over-year, despite 70%+ decline in prices

#LTC

The price returned to the resistance area of ​​92 $- 91$ and if it can cross it, the next price target is 100 dollars. If the resistance is not crossed, it will drop again to $83.

Comparing #bitcoin to #altcoins by market capitalization.

#XRP   (Spot Buy)

Entry : 0.4058

TPs - 0.46 - 0.52 - 0.62 - 0.73 - 0.90 $

Stoploss : 0.3300 $

#INJ achieved 2 Target ✅

Reached 1.850 $ ✅

38 % profit ✅

#Bitcoin is forming an ascending broadening channel. The price is on the path of the $24,500 resistance zone. We might see a corrective move toward the $21,800 support level before the next move up. The overall market looks good and we will see some good upward movement in altcoins.

#Bitcoin hash rate made a new all-time high. Despite of the bear market, bitcoin network continues to grow.

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⚡️MARKET MOVEMENT⚡️

Bitcoin’s correlation with the USD has been mostly negative over the past year, falling to as low as -0.6 in early January before rebounding to -0.4 last week.