#Bitcoin Breaks $65K: Is the Bull Market Back? Good move 🚀
After Bitcoin formed a higher low in early September, it has now surged past $65,000, creating a higher high. This shift in market sentiment indicates a potential bullish trend, with the next key targets set at $66K+ and $74K (all-time high).
To confirm that this breakout is legit, we need to see a re-test of the $64K level as support. If BTC holds steady at this point, we could be in for an exciting ride upward.
This higher high signals that buyers are back in force. Looking at ETF inflows, over $500 million in $BTC BTC purchases were processed within the past three days alone.
With the market turning bullish, the end of this year could potentially bring new record prices for Bitcoin. Meanwhile, the altcoin market is showing signs of life, with a clear breakout and a higher high—the return of altcoin season could be on the horizon, especially if BTC dominance levels off around 60%. As for Ethereum, there’s a growing narrative about ETH facing an existential crisis.
The success of Layer 2 solutions (L2s) has pulled users away from the main Ethereum chain, and while this scaling solution may not have been what Vitalik initially envisioned, it is the reality we face now.
What Do You Think? Will Bitcoin’s surge continue? Do you think altcoin season is around the corner, or are other factors at play? Share your thoughts on what’s driving BTC’s price movements below! 💬👇
🎉Sharing My Top 5 Crypto Picks for 2024🎉 1.BNB (Binance Coin) 2.SOL (Solana) 3.TRB (Tellor Tributes) 4.AVAX (Avalanche) 5.ORDI (Memecoin based on Bitcoin Blockchain) Curious to know your favorite crypto this year! Drop your comment below. #crypto2024 #portfolio
03 January, why the market is down today? here is the reason " We even expected that if all the SEC requirements for Bitcoin Spot ETFs were fulfilled, Bitcoin could rally toward $50,000 by the end of January 2024. While we have seen frequent meetings between the ETF applicants and staff from the SEC, which resulted in the applicants refiling their applications, we believe all applications fall short of a critical requirement that must be met before the SEC approves. This might be fulfilled by Q2 2024, but we expect the SEC to reject all proposals in January", Says Matrixport. What impact do you think this might have on BTC price and crypto in general? Share your insights in the comments below👇 #CryptoPredictions2024 #ETFs
🚀 Today marks the 15th anniversary since Satoshi Nakamoto created $BTC genesis block. It is one of the most significant moments in crypto history. #BitcoinAnniversary #CryptoHistory
Happy month Fam🥳 it's not about timing the market , it's about time in the market. Emphasizing the potential of investing for the long-term and avoid the pitfalls of short-term market fluctuations. #cryptomarketupdates #crypto2023
$WLD world coin is a digital identity that let you prove your unique and real person while remaining anonymous. Do you think world coin price will boom 💥or do you think $WLD is good investment for those who are looking forward to hold for long term ? share your thoughts on this token 😉🤤 #Binance #crypto2023
participating in a crypto presale gives investors the opportunity to buy tokens at a discounted price before they are listed on Binance. exemplified by the successful launch of $ARKM token, those who got a chance to buy in the first 5 minutes made a lot of money in a few minutes.
However, caution is crucial due to potential scams that can try to make fake tokens & disappear after collecting funds. necessitating thorough research on the project, team, presale terms, and the strength of the project's concept and technology.
Interested in presales? Binance Launchpad has your back enhanced with security when participating in Initial Exchange Offerings (IEOs).
Binance has announced launch of $ARKM via Binance launchpad. However be aware of scammers who may try to take advantage by offering airdrops, creating fake tokens & selling it. protect yourself from scams by reading the official announcement posted on Binance announcement page. Always stay #Safu #BNB #Binancelaunchpad
On July 14, Binance celebrates its 6th anniversary as a leading cryptocurrency exchange. Throughout its six-year journey, Binance has grown rapidly to become one of the largest and most popular crypto exchanges in the world by providing the best service and a variety of features including Trading, Earn products, Finance products, NFT marketplace, Binance academy, and much more.
It's exciting when crypto pumps more than 10% in 24hrs, here are the top Gainers of crypto on Binance.
$TROY $STORJ $FUN DOCK & ALCX
For many crypto enthusiasts, experiencing a significant pump in the market can be an incredibly thrilling experience. It's a moment when all the hours of research, analysis, and investment suddenly pay off in a big way.
However, it's also important to remember that crypto markets are incredibly volatile, and pumps can quickly turn into dumps. It's essential to maintain a long-term perspective and not be greedy in the hype of short-term gains.
The crypto market can be volatile, but "HODLing" can be a successful investment strategy. Don't let short-term market fluctuations impact your long-term investment goals.