🫰🏻 As I expressed my opinion in my previous posts, I believe $BTC is bullish and I expect a double top or another ATH.
🫰🏻 However I don't think we have just started a next cycle. We are still in the same cycle.
🫰🏻 I further expecting $BTCDOM to fall sharply in coming 3 months irrespective of Bitcoin price movement .
🚀 This means Altcoins will rise 🚀
🌷 The Altcoins I have added to my portfolio before last month's pump were LINK, SHIB, DOGE, SOL, LTC, AVAX, NEAR, XRP and $ETH
🌷 M...
$BTC - Bitcoin keeps whipsawing around 77,000, and ETF investors are doing the same
A 70.1 million outflow ended the two-session divide, but one day cannot settle whether demand is retreating
The post Bitcoin keeps whipsawing around 77,000, and ETF investors are doing the same appeared first on CryptoSlate
Live tape: $BTC 80,852 USDT (+4.4%), ETH 2,497 USDT (+4.1%).
Not changing my weekly bias yet, but this is on the desk.
$BTC
#CryptoNews #Binance #Markets
For the month of August, the @ISM Services PMI experienced a positive shift, climbing to 55.4 to beat both the estimated forecast of 54.1 and the previous reading of 54.1. Delving into the specific details of the report, the new orders index grew to 60.9, an increase from the prior 57.2. We also saw a slight bump in the employment numbers, which rose to 47.8 from the previous 47.4. Finally, the prices paid metric advanced to 72.6, surpassing the prior figure of 70.3.
$ETH just nailed the retest at $2.4K and ripped back above $2.5K — that's textbook support reclaim right there.
This was the level everyone was watching. We broke out, came back down to kiss it, and bounced hard. Old resistance is now support, and price is sitting clean above it.
That's what you want in a trending setup — flip the level, hold it, then keep pushing. Bulls are in control here.
If you're long, this is confirmation. If you're waiting, you missed the entry. Next move is watching h...