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Bitcoin Faces Key Test: Will It Bounce or Drop to $85K?

884
#Bitcoin is staying above the 0.236 Fibonacci retracement level at $94,300, with the 50-day moving average near $93,000 providing support.

If these levels hold, BTC could start moving up again toward $108,000. But if it drops below, it might fall to the 0.382 Fibonacci level at $85,600.

Watch these key levels for Bitcoin's next move!
DYOR, NFA
#Crypto
Note
🚨 USDT to Be Delisted in the EU by December 30 Under MiCA Rules 🚨

The clock is ticking! Starting December 30, 2024, all EU-based exchanges must delist USDT as it fails to meet compliance under the new MiCA (Markets in Crypto-Assets) framework. This move is set to bring big changes to the European crypto landscape.

What This Means:
Liquidity Challenges: USDT is the world’s leading stablecoin, and its absence could shake up trading pairs and short-term liquidity in the EU.
Switching to MiCA-Compliant Options: Traders and exchanges must shift to approved stablecoins to stay operational.
Volatility Ahead: Market fluctuations may increase as liquidity adjusts.

📌 What You Should Do:
1️⃣ Reassess your USDT holdings on EU exchanges before the December deadline.
2️⃣ Explore MiCA-compliant alternatives to keep trading uninterrupted.
3️⃣ Stay updated on regulatory changes to avoid surprises.
🌍 The Big Question:
Is MiCA paving the way for transparency and safety, or could it slow down crypto innovation? 🤔
Let us know your thoughts below!

#CryptoUpdate #USDTDelisting #cryptocurrency #CryptoNews
Transaction en cours
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#Bitcoin DROP ALERT 🚨

BTC is forming a descending triangle on the 1-hour time frame.
A breakdown of this pattern could target $86,000 (-14%), while a breakout above the trendline resistance may signal a bullish reversal.

Keep a close eye on it to confirm the next moves, and don’t forget to follow me for more updates!
DYOR, NFA
Note

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🚨 No major movement in #Bitcoin
It’s still trading within the triangle pattern.

Keep a close eye on it and enjoy your weekend, I will keep updating! 😎
Note
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#Bitcoin Breakdown Done🚨

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