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A year ago, AWS announced Q, its AI assistant platform for business users and developers. Q Developer is getting a wide range of updates today and so is Q Business. The focus for Q Business is on new integrations that can help businesses bring in more data from third-party tools, the ability for third-party platforms […] © 2024 TechCrunch. All rights reserved. For personal use only.
Disney has released the official trailer for Snow White, the studio’s upcoming live-action remake of the animated classic Snow White and the Seven Dwarfs. And if you were hoping the dwarfs in the film would be bloated and terrifying CGI human monsters sitting right in the deepest part of the uncanny valley, well, I’ve…Read more...
? Technical analysis BTC/USDT The Bitcoin price is trading within a narrowing price range, formed after an unsuccessful test of the major resistance block at $100,000, followed by a correction to the 0.23 Fibonacci retracement level and subsequent consolidation. This has resulted in the formation of a pattern known as a narrowing wedge, the breakout of which could indicate the next direction for BTC price movement. If buyers, supported by fundamental factors, manage to break through the psychological resistance level of $100,000, we can expect a strong upward momentum toward the next resistance zones at $110,000–$120,000 and a test of the global trendline resistance. Conversely, if sellers push the price below the $90,000 support block and establish themselves beneath the EMA 200 line, we anticipate a corrective move toward the 0.5–0.61 Fibonacci retracement levels. These levels coincide with Imbalance zones, where consolidations are needed to close gaps in horizontal volume levels. https://www.tradingview.com/x/QAYWhHWM/ ? Bitcoin market global analysis. When does the altseason start? Bitcoin's dominance has begun a rapid decline, and we are currently witnessing an attempt to break out of a parallel price channel. If it manages to consolidate below the lower boundary of the channel, we can expect further declines in dominance, which would indicate the start of significant capital flows from Bitcoin to altcoins. What are Bitcoin's long-term growth targets? Above the current all-time high (ATH), there are no resistance levels based on historical data. Therefore, to determine growth targets, we will rely on trendlines, Fibonacci extension levels, analysis of large order block clusters in exchange order books, and, of course, indicators: Fibonacci Extension Levels: The nearest growth targets for Bitcoin are the 1.61 and 1.78 Fibonacci extension levels, which lie in the range of $104,000–$112,000. Global Trendline: The next target could be the global trendline drawn based on the peaks of the previous growth cycle. A test of this trendline might occur around the $120,000 level. RSI Analysis: The RSI indicator is currently about 18% away from its resistance trendline. Translating this to Bitcoin’s price chart, this corresponds to a range of approximately $114,000–$120,000. This is where a test of the resistance line may occur, as observed in all previous Bitcoin market cycles. https://www.tradingview.com/x/IW6Jdhx6/ ? Analysis of liquidity zones and levels The Fear and Greed Index remains in the Greed Zone at 76. The total cryptocurrency market capitalization has grown to $3.37 billion, while the Bitcoin Dominance Index has fallen to 56.18. According to the analysis of the accumulation of large order blocks in the order books, the largest blocks are at levels 100,000 and 120,000, and the supply and demand zones are located at the following levels: ? Demand zone: 80,000 - 90,000 ? Supply zone: 100,000 - 150,000 Levels for long positions: 90,000 - psychological support level 88,000 - large support block 60,000 - large support block Levels for short positions: 100,000 - largest resistance block 110,000 - large resistance block 120,000 - 100,000 - ascending trend line of resistance https://www.tradingview.com/x/bgID4rBJ/ ? Fundamental analysis In November, Bitcoin ETFs recorded an inflow of $6.1 billion—the highest monthly figure since the instrument's launch in January. This indicates growing investor confidence in the asset while favoring the security of regulated ETFs over direct BTC purchases. Record inflows into Bitcoin ETFs could support a BTC rally above $100,000. Ethereum and Altcoin Investment Trends Investment inflows into Ethereum (ETH)-focused products reached $634 million, pushing the total for this year to over $2.2 billion, surpassing the previous record of $2 billion set in 2021. Similarly, Ripple (XRP)-based crypto funds received record-breaking investments of $95 million. This surge may be linked to preparations for ETFs on other cryptocurrencies, potentially accelerating the onset of an altseason. Regulatory and Macroeconomic Developments SEC Leadership Announcement: Tomorrow, information may emerge regarding the new chair of the U.S. Securities and Exchange Commission (SEC), a key financial regulator overseeing the crypto market. Under current chair Gary Gensler, the SEC has intensified crypto market regulation. The appointment of a crypto-friendly commissioner could boost market sentiment and further support the start of an altseason. U.S. Labor Market Data: Labor market reports are set to be released this week, serving as a critical indicator for the Federal Reserve's monetary policy. A continuation of rate cuts by the Fed would likely bolster overall growth in the cryptocurrency market. ? Upcoming Events in the Global Economy We expect increased volatility in both stock and cryptocurrency markets on the following dates: ➤ 12/04, 21:45 - Speech by Fed Chairman Jerome Powell. ➤ 12/06, 21:45 - US Unemployment Rate for November. ➤ 12/18, 21:00 - New Fed Interest Rate Decision. ➤ 12/18, 21:00 - US GDP (q/q) (Q3) ➤ 01/29/2025, 21:00 - New Fed Interest Rate Decision. ? Statistics of signals from our AI trading indicator: In November, the price of Bitcoin was in an upward trend. Our trading indicator, as always, warned about this in advance! And even during the flat period it gave good entry points. Thanks to the latest updates, all signals have become profitable, and built-in Anti-Flat System prevented losses from manipulative market movements. ? Total price movement by all signals: + 54.92% Maximum price movement: + 42.10% Average price movement: + 13.73% https://www.tradingview.com/x/kciZWYRT/ In addition, I would like to share the forecast of the latest Bitcoin price action by our AI, which not only indicates the direction, but also builds the trajectory of further price movement: https://www.tradingview.com/x/0Bd1ffxO/
Price is moving in bullish trend with channel support. Entry is at fib ratio 0.5 ( 0.58632 ). Stop loss is below last lower low.
XRP levels; short and long term targets, entry zone and stop loss idea remember it's all in your head ;)
After price moved within last one week we November close above October low, price will likely reach previous record high. Price action paints bullish pressure and this is a likely a sign of GOLD breaking previous ATH
FETUSDT is showing good bullish momentum. As price break through resistance area and successfully closed above resistance. If the price sustain this broken level there are more chances of massive run to the upside.
Monero, the top privacy-focused cryptocurrency, is drawing more attention as concerns about data security rise. If you're eyeing this promising coin, let me share my latest trading strategy and key levels! ? ? Why Monero? As demand for anonymity grows, Monero stands out, offering robust privacy features and potential for strong growth. Here's how I’m navigating this opportunity: ? Trading Strategy Highlights ? Buy Zone: ? 165 - 175 – the sweet spot for entry! ? Take-Profit Targets: 1️⃣ 200 – a steady climb. 2️⃣ 257 – solid gains ahead. 3️⃣ 340 – long-term potential unlocked! ? Stop-Loss: ? Set it at 149 to manage risk effectively. ? Risk/Reward Ratio: ? 1:7 – a setup with exciting upside potential. ? Recommended trading volume: Allocate no more than 5-7% of your portfolio for this trade. ? Good luck, and may the market be in your favor! ?
Watch out for this stock next couple of days. Potential to explode. Note: This is not a recommendation or investment advice, just a stock to watch. Do your own research.