empty
29.01.2025 09:52 AM
Cryptocurrency Market Trading Recommendations for January 29th

Bitcoin and Ethereum continue to attract strong buying interest on every significant decline, indicating sustained investor demand for these assets. Additionally, frequent mentions of digital assets in interviews with U.S. politicians help maintain optimism for further market growth in the near term.Yesterday, Senator Cynthia Lummis shared her plan for a strategic Bitcoin reserve. She proposed purchasing 200,000 BTC annually for the next five years and holding the cryptocurrency for at least 20 years without selling. According to Lummis, this strategy could cut the U.S. national debt in half over the next two decades. Recently, the pro-crypto senator has also encouraged individuals to invest in Bitcoin for their retirement savings.

This image is no longer relevant

Lummis argues that Bitcoin's unique qualities make it a reliable asset. She emphasized that BTC is less susceptible to inflation than traditional currencies, and its fixed supply makes it an ideal store of value during economic instability. She believes that integrating Bitcoin into the government's financial strategy could strengthen U.S. economic resilience and increase public trust in the traditional financial system.

Yesterday, an unofficial list of U.S.-created tokens that could be included in the U.S. crypto reserve was published. Besides XRP, the list includes Solana (SOL), Chainlink (LINK), Decentraland (MANA), Avalanche (AVAX), and other top altcoins.

Confirming this trend, Morgan Creek Capital Management's CEO recently stated that discussions are underway about including not only BTC in the U.S. crypto reserve but also XRP, ADA, HBAR, and other cryptocurrencies. Additionally, media reports suggest that Eric Trump has confirmed that the U.S. government plans to offer tax incentives for U.S.-based crypto projects.

On January 23, Donald Trump signed an executive order to establish a multi-cryptocurrency reserve in the U.S. and form a task force on the matter. This landmark move signals a shift in the financial landscape, demonstrating the government's adaptation to the rise of digital assets and their impact on traditional finance.

For intraday trading, I will continue to focus on buying major declines in Bitcoin and Ethereum, expecting the bullish market trend to persist in the medium term.

For short-term trading, see the strategies outlined below.

This image is no longer relevant

Bitcoin Trading Scenarios

Buy Scenario

Scenario #1: Buy Bitcoin at $102,900, targeting $104,500. Exit the trade at $104,500 and sell immediately on a pullback. Before buying on a breakout, ensure the 50-day moving average is below the current price and the Awesome Oscillator is above zero.

Scenario #2: Buy Bitcoin at $101,800 if the market does not react to a downside breakout. Target $102,900 and $104,500.

Sell Scenario

Scenario #1: Sell Bitcoin at $101,800, targeting $99,900. Exit the trade at $99,900 and buy immediately on a pullback. Before selling on a breakout, confirm that the 50-day moving average is above the current price and the Awesome Oscillator is below zero.

Scenario #2: Sell Bitcoin at $102,900 if the market does not react to an upside breakout. Target $101,800 and $99,900.

This image is no longer relevant

Ethereum Trading Scenarios

Buy Scenario

Scenario #1: Buy Ethereum at $3,156, targeting $3,244. Exit the trade at $3,244 and sell immediately on a pullback. Before buying on a breakout, ensure the 50-day moving average is below the current price and the Awesome Oscillator is above zero.

Scenario #2: Buy Ethereum at $3,110 if the market does not react to a downside breakout. Target $3,156 and $3,244.

Sell Scenario

Scenario #1: Sell Ethereum at $3,110, targeting $3,041. Exit the trade at $3,041 and buy immediately on a pullback. Before selling on a breakout, confirm that the 50-day moving average is above the current price and the Awesome Oscillator is below zero.

Scenario #2: Sell Ethereum at $3,156 if the market does not react to an upside breakout. Target $3,110 and $3,041.

Bitcoin
Ringkasan
Beli
Segera
1 hari
Analitic
Maxim Magdalinin
Mulakan perdagangan
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN

Artikel yang dicadangkan

Analisis Teknikal Pergerakan Harga Intraday Matawang Kripto Litecoin, Khamis 05 Jun 2025.

Pada carta 4 jam bagi mata wang kripto Litecoin, terdapat kemunculan corak Descending Broadening Wedge yang menunjukkan kemungkinan pengukuhan dalam masa terdekat. Walaupun ketika ini terdapat potensi untuk pembetulan penurunan

Arief Makmur 09:53 2025-06-05 UTC+2

Cadangan Dagangan untuk Pasaran Mata Wang Kripto pada 5 Jun

Bitcoin semakin jarang mencapai $106,000 dan lebih kerap jatuh ke arah $104,000, yang merupakan petanda jangka pendek yang agak membimbangkan. Lambat laun, corak ini mungkin membawa kepada pembetulan yang lebih

Miroslaw Bawulski 09:20 2025-06-05 UTC+2

Cadangan Dagangan untuk Pasaran Matawang Kripto pada 4 Jun

Bitcoin dan Ethereum terus mencuba untuk menembusi tahap rintangan utama tetapi berdepan halangan yang sama. Di satu pihak, ini menunjukkan pendekatan berhati-hati oleh pemain pasaran utama dan sikap tunggu

Miroslaw Bawulski 09:19 2025-06-04 UTC+2

Hubungan Korelasi Antara BTC dan Kecairan M2 Global Kekal Tinggi

Bitcoin masih tidak dapat bertahan kukuh di atas paras $106,000, yang menimbulkan kebimbangan tertentu. Walaupun altcoin dan token lain menunjukkan prestasi yang lebih baik, sekurang-kurangnya dalam beberapa hari kebelakangan

Jakub Novak 09:17 2025-06-04 UTC+2

Analisis BTC/USD pada 4 Jun, 2025

Pola gelombang pada carta 4 jam untuk BTC/USD telah menjadi lebih kompleks. Kami memerhatikan struktur pembetulan menurun yang menyelesaikan pembentukannya sekitar paras $75,000. Selepas itu, peningkatan yang agak kuat bermula

Chin Zhao 09:10 2025-06-04 UTC+2

Cadangan Dagangan untuk Pasaran Mata Wang Kripto pada 3 Jun

Bitcoin dan Ether melonjak dengan kukuh semasa dagangan di Asia, walaupun semalam berakhir dengan agak lesu. Walau bagaimanapun, meskipun pengukuhan pesat aset-aset ini, Bitcoin sekali lagi gagal mengekalkan kedudukannya

Miroslaw Bawulski 08:51 2025-06-03 UTC+2

Tinjauan Teknikal Bitcoin Kelihatan Menjanjikan

Bitcoin nampaknya telah menemui paras paling rendah berhampiran $104,000 dan kini berdagang sekitar $104,500 pada awal bulan Jun. Jelas bahawa mata wang kripto ini berada pada titik perubahan psikologi

Jakub Novak 12:36 2025-06-02 UTC+2

Cadangan Dagangan untuk Pasaran Mata Wang Kripto pada 2 Jun

Walaupun terdapat pembetulan pada akhir minggu lepas, Bitcoin dan Ethereum sekali lagi menunjukkan momentum menaik, walaupun Ethereum sedikit ketinggalan. Pakar dari kumpulan perbankan juga menunjukkan kejutan bekalan dalam

Miroslaw Bawulski 09:45 2025-06-02 UTC+2

Ramalan Bitcoin untuk 2 Jun, 2025

BitcoinSepanjang hujung minggu, Bitcoin membentuk pembalikan daripada sokongan pada tahap sasaran 102,698 dan garis saluran harga hijau tetap. Jika graf lilin hari ini ditutup dalam warna putih (menaik), ia akan

Laurie Bailey 04:30 2025-06-02 UTC+2

Cadangan Dagangan untuk Pasaran Mata Wang Kripto pada 30 Mei

Bitcoin dan Ethereum meneruskan pembetulan mereka, jatuh dengan ketara sepanjang semalam. Penurunan ini berlanjutan ke sesi dagangan Asia hari ini, dengan Bitcoin menyemak harga kepada $104,500 dan Ethereum menguji $2,560

Miroslaw Bawulski 09:29 2025-05-30 UTC+2
Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.