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Pitchforks

The Future of the Crypto Ecosystem: Will Bitcoin Rise Again?Following Trump’s directive to support digital currencies, Bitcoin surged from around $69,000 to a peak price around $126,000. But after a period of major turbulence, Bitcoin began to lose value. Based on monthly Ichimoku timeframe analysis and Andrews’ Pitchfork , our models suggest Bitcoin could fall back to around $70,000 in the coming period. We expect this downward trend to continue until early 2027. The big question is: what happens after that? Will Bitcoin re-value and recover, or will it get stuck around these low levels, potentially threatening thousands of smaller altcoins?
CRYPTO:BTCUSDLong
by shabpa94
2
$BTCUSDBITSTAMP:BTCUSD monthly: BTC has been battling this support/resistance line for 11 months. The current consolidation is localized within the upper band of the pitchfork. I don't believe the cycle has topped -- during the last cycle, prices moved down 40% in a little over 3 weeks after topping. Each retrace up only did 38.2%. Now prices have moved down only about 16% in 4-5 weeks and retraces went to 61.8%. It just does not feel like a drop from the cycle top as in the past. I added to my long position today expecting at least one more wave up.
BITSTAMP:BTCUSDLong
by HeadsUp2021
Grab: Grabbing a RideGrab, often dubbed the "Uber of Southeast Asia," has solidified its position as a leading player in the region's rapidly growing digital economy, making it an exceptionally compelling investment. As of the latest reports, they boast a robust cash reserve of approximately $5.56 billion in cash and short-term investments, representing nearly 30% of its market capitalization. This financial strength provides a significant buffer for both growth initiatives and operational stability. From a financial perspective, Grab has consistently delivered impressive revenue growth, with projections indicating a 17-20% increase in 2024, and a potential acceleration in 2025, driven by its dominant presence in both the ride-hailing and food delivery sectors across eight Southeast Asian nations. Additionally, the company's adjusted EBITDA guidance has been upgraded by 15%, reflecting improving profitability and operational efficiency. Grab's strategic evolution into a super-app, integrating financial services such as digital payments and banking, further diversifies its revenue base, positioning the company as an attractive investment in a region poised for continued digitalization and economic growth. The company has been strategically managing its finances by increasing its cash reserves and reducing its debt, a move that has positioned it favorably in the competitive ride-hailing and delivery market in Southeast Asia. This financial strategy is evident as Grab has been reported to have decreased its liabilities while bolstering its cash on hand, aiming for greater financial stability and operational flexibility. Simultaneously, Grab's partnership with Uber has been significant; after Uber sold its Southeast Asian operations to Grab in 2018, Uber retained a 25% stake in Grab, which not only facilitated Grab's dominance in the region but also allowed both companies to benefit from shared technology and market insights. This collaboration has been a cornerstone for Grab, enhancing its service offerings and market expansion while maintaining financial health. $4.50 NASDAQ:GRAB
NASDAQ:GRAB
by lognomics
BTCUSD is moving exponential and here's the setupBecause BTCUSD couldn't reach the L-MLH of the red fork twice, we have 2 HAGOPIANs cooking. That means, that price will move further in the opposite direction than from where price came. Price came from the Centerline, and that's where the high of the today's Candle peeked through. I expect more upside movement. As for a trade, I want to see price holding above the centerline. From there, PTG1 is the U-MLH and beyond that it's the white Centerline again (...which looks like it's going to the Moon, like XRPUSD). Of course, we seldom can eat the whole Cake. So we manage it and take partial profits on the way up. 🙏😊✨ Thanks for following and boosting folks. 🙏😊✨
BITSTAMP:BTCUSDLong
by HowToChart