#BTCNextMove #XmasCryptoMiracles $BTC $ETH Master the MACD (Moving Average Convergence Divergence) with these simple yet powerful setups! Whether you're looking for trend confirmation, divergence signals, or perfect entries, the MACD indicator has you covered. Let’s break down all the strategies in a way that’s practical and actionable. 👇1️⃣ Signal Line Crossover: Your Entry/Exit Clue 📈📉 Bullish Signal:When the MACD Line crosses above the Signal Line, it’s time to consider long entries. Ex
TRICKS OF MACD (Moving Average Convergence Divergence)
Master the MACD (Moving Average Convergence Divergence) with these simple yet powerful setups! Whether you're looking for trend confirmation, divergence signals, or perfect entries, the MACD indicator has you covered. Let’s break down all the strategies in a way that’s practical and actionable. 👇1️⃣ Signal Line Crossover: Your Entry/Exit Clue 📈📉Bullish Signal:When the MACD Line crosses above the Signal Line, it’s time to consider long entries. Example:Confirm the trend with green histogram b
Billionaire Crypto Bull Mike Novogratz Announces Price Prediction for Bitcoin, Ethereum and Solana.
Mike Novogratz, founder of digital asset financial services company Galaxy Digital, predicted that #Bitcoin will remain in a relatively narrow trading range between $55,000 and $75,000 for at least the current quarter.
Novogratz said during a conference call after the firm's first-quarter results were announced: “We are in the consolidation phase in crypto. #Bitcoin , #Ethereum and everything else, plus Solana will consolidate. What does it mean? “Next conditions likely mean somewhere between $55,000 and $75,000 until the next market events push us higher.”
“I think we're probably at that point this quarter, maybe next quarter, until the Fed starts lowering interest rates as the economy finally slows down or we get through the elections, and I think the elections will bring some clarity to the crypto regulatory landscape one way or another.”
Novogratz said that the adoption of crypto in traditional finance is in full swing and interest in the sector is growing again, evident in the increase in activities such as lending.
“People are willing to lend us crypto unsecured for a long period of time, which didn't happen six months ago and is happening now,” Novogratz said. $BTC $ETH $SOL $PEPE
What Impact Will the US CPI Data Have on Bitcoin Tomorrow? Analyst Releases Price Predictions for Bitcoin in Both Cases. Investors are anticipating the release of the April consumer pricing data. It is anticipated that the Consumer Price Index (CPI), a crucial measure of inflation, would show improvement above March levels.
According to a forecast by digital asset trading platform Zerocap, the price of Bitcoin, the largest cryptocurrency in the world, might drop by as much as 13% to $53,000 if the data shows unanticipated shocks.
Zerocap said in its research on Monday that "an unexpectedly high #CPI could trigger a media frenzy and lead to short-term declines in risk assets given current concerns about stagflation." However, Zerocap warned that if data indicates encouraging signals of a slowing inflation, it may drive Bitcoin back to $65,000.
Crypto aficionados are expected to look for any signs of declining or ongoing inflation in the #CPI figures. Analysts predict that a drop in inflation may lead the #FED to cut interest rates, which would help riskier assets like Bitcoin by bringing down the cost of borrowing and, consequently, investment.
The financial behemoth BlackRock stated in its market report on Monday that "markets are expecting a rate cut in September after employment and wages in the US were lower than expected the previous month."
According to Chris Mill, a former currency trader, and David Brickell, head of international distribution at #FRNT Financial, the long-term outlook for the U.S. economy is still good despite short-term challenges. In the "Connecting the Dots" email, he stated, "Given the emerging macro dynamic, it is not a question of if we will make new highs for Bitcoin, but rather when." $BTC $ETH
$Notcoin (NOT), a play-to-earn game and token integrated as a mini-app on Telegram, is trending on X amid major cryptocurrency exchanges preparing to list the token.
Crypto exchange ByBit officially announced Notcoin's listing on its platform on May 9, immediately launching deposits. The exchange plans to launch NOT trading and withdrawals on May 16 and May 17, respectively.
After adding NOT to its launch pool on May 9, the Binance exchange will also start spot trading of Notcoin on May 16. Telegram’s third-party custodial crypto wallet, Wallet, will also add NOT to its app on May 16. $BTC $ETH $BNB
Token Name: Renzo Ticker: REZ Description: Market Cap: $171,872,566 Volume 24h: $58,292,005 Real-time REZ to USD price update shows the current Renzo price as $0.1495. In the past 24 hours, Renzo has decreased by -7.53%.
Renzo Price Prediction According to our long-term Renzo price prediction, the price of $REZ will reach an average of $3.81 by the end of 2024, rising to $6.55 by the end of 2025 and $17.04 by the end of 2030.
Renzo Price Prediction in the Short-term
According to the analysis, Renzo's short-term price forecast is positive, indicating an expected increase in value in the coming months. The table below summarizes Renzo's projected price movements over the next 6 months. $BTC $REZ #Write2Earn #altcoins #bitcoinhalving #CryptoWatchMay2024 #NmkThoughts