#DOGE has broken through the resistance area with a strong green candle, likely in anticipation of the upcoming election. You might consider opening a long position if the price drops closer to the $0.15 level. If Trump wins the election, we could see a significant rally in DOGE. $DOGE
$BTC Glassnode data indicates accelerating BTC inflows since early September, signaling growing interest and demand from investors. This steady accumulation trend could fuel momentum, setting the stage for potentially stronger upward movement in the coming months.
#PEOPLEUSDT is currently resting on a key support level. If the price successfully breaks below this support or the double top neckline, it will confirm a bearish trend, potentially leading to a deeper drop.
if the price manages to close above $0.15000 on the daily chart, the bearish outlook will be invalidated, and the market could resume its bullish trend. $PEOPLE
Bitcoin is consolidating again, moving sideways as it builds momentum. With the U.S. election approaching, brace for potential high volatility and stay prepared for a significant move in the coming days. $BTC
The derivatives markets are adding depth and liquidity to Bitcoin, enabling more advanced trading and hedging strategies. This week, Open Interest across perpetual and fixed-term futures contracts has hit an all-time high of $32.9B, signaling a notable rise in overall leverage in the market. $BTC
We're seeing improved profitability among new Bitcoin investors, as the MVRV ratio has rebounded from August's lows following the yen-carry trade unwind. Notably, the Short-Term Holder MVRV (STH-MVRV) has also reclaimed its 90-day moving average, signaling a constructive trend for market momentum. $BTC
Net capital inflows into Bitcoin have surged by $21.8B (+3.3%) over the past 30 days, pushing the Realized Cap to a new all-time high of over $646B. This indicates rising liquidity in the asset class, with strong capital inflows backing the recent price increase. $BTC
Bitcoin tested the $65,000-$66,000 support area and instantly bounced, signaling that the correction might be over. We could see a move toward the major resistance area in the coming days. Keep an eye on the upward momentum! $BTC
Price has reached a major resistance area, and a break above this will lead to a strong rally. It is better to wait for a clear breakout above this resistance before opening new long positions.
Bitcoin dominance is trending upward, showing no signs of weakness. Altcoins are currently struggling to make significant moves. For a rally in altcoins, dominance needs to break the upward trend line. $BTC
Finally, AERGO has broken the triangle pattern and the price is now retesting this level. You can open a long position here with a tight stop loss. We may see a move towards the resistance area.
#Bitcoin spot ETFs saw net inflows of $5 billion in Q3 2024, demonstrating strong institutional demand for Bitcoin exposure, even during periods of uneventful price movement. This underscores the growing interest from large investors seeking regulated Bitcoin investment avenues. $BTC
An All or None order, often abbreviated to AON is an order made on a financial exchange to buy or sell a volume of assets for a set price. However, unlike other order types such as a market order or limit order, an All or None order is placed with a specific instruction as to how that order should be filled.
As the name suggests, an AON order, once placed, must either be filled in its entirety or not at all. This prevents any partial filling of orders and gives the buyer or seller the confidence of the fixed execution price for the entire volume.
This type of orders can be used, for instance, in algorithmic trading as a way to gauge the directional trend of a market and to prevent partial fill situations, which may happen when a market presents high levels of volatility with low volumes, such as during a flash crash type event. $BTC
After a strong week of upward movement, Bitcoin is now experiencing a healthy correction. No need to panic yet. The key support zone lies between $65,000-$66,000, and as long as the price stays above this level, the bullish sentiment remains intact. We could see some sideways movement over the next couple of days, giving the market time to consolidate. $BTC
Price is unable to hold the support area and is now trading below it. We may see a reclaim of this level very soon. You can open a long position if the price is able to hold above the resistance area.
IOTA has reached the resistance area and has been rejected. We may see a move towards the resistance area again in the coming days; let's see if the price is able to break above it or not. $IOTA