BIOUSDT:
Here we have three weeks closing green and the highest volume ever as Bitcoin retraces. No altcoin can grow this strongly if Bitcoin is now in a bear market. No altcoin would start a bullish wave if Bitcoin is entering correction mode. The only time the altcoins grow is when Bitcoin is rising or sideways within a bull market, at other times the altcoins drop. Seeing bullish altcoins confirms a bullish Bitcoin.
BTCUSDT:
Bitcoin has been red seven days, since 14-August. Is this the start of a major correction or a period of consolidation before higher? Consolidation before higher. The proof are the altcoins.
Here Bitcoin is still trading above EMA89. Last time this level worked as support.
Bitcoin can easily move sideways within a wide range, $100,000 to $120,000, and still support major bullish action across the entire market.
Bitcoin can also consolidate between $110,000 and $120,000. $112,000 is still holding as support. Above this price, Bitcoin is bullish even short-term.
ZECUSDT:
20-August is a higher low vs 7-April and then it goes bullish, a strong breakout with two full green candles. This candles are coupled with high volume, the highest since April.
The move broke EMA89 and EMA55 as resistance. MA200 was also conquered and immediately confirmed as support.
Two strong green days while Bitcoin is moving down. It reveals what is coming for Bitcoin.
HTUSDT:
HuobiToken (HT) goes up more than 280% since 20-August. The same 20-Aug. we just saw with Zcash. Is this the latest higher low date? Let’s continue.
SKLUSDT:
Here we have the highest (buy) volume week ever last week as SKLUSDT broke above EMA55. This is happening after a new all-time low. Think about it.
The market bottoms and from the bottom we have the strongest buying ever and this is also coupled with the break of a long-term resistance level. We can easily say Skale Network hit bottom and is ready to grow. While Bitcoin retraces, here we have another very strong bullish breakout, this only happens within a bull market.
Toncoin:
Clearly, a long-term rising trend. TONUSDT is trading above all the short-term moving averages; EMA8/13/21 weekly, the bulls are in.
There are many pairs like this, hundreds literally.
Remember we also saw the big ones: Cardano, Chainlink, XRP, Solana and Ethereum. Look at where Binance Coin is at right now and don’t forget Tron, it is all going up.
The smaller projects are yet to catch up, yet to move; the entire market is yet to grow, but here we have proof enough that shows the 2025 bull market is on.
Namaste.
