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BTCUSD has been trading in a bullish trend for the past day. The support level is now at 60,300.00. The resistance levels are now at 64,500.00 and 66,500.00.
Next Bull Run will start in 6 days...
In 2023 october after $BTC 7.8% drop it pumped for 33%
It boost your portfolio from $2K to $162K
$BTC
In 2023 october after $BTC 7.8% drop it pumped for 33%
It boost your portfolio from $2K to $162K
$BTC
#BTC Currently Trading In Bullish Pennant Pattern, Which Is A Bullish Pattern.
Successful Breakout And Retest Of This Pattern Will Pump #BTC Hard$BTC
Successful Breakout And Retest Of This Pattern Will Pump #BTC Hard$BTC
Market Movement:
The crypto market has been showing mixed signals today, with some major assets like Bitcoin and Ethereum experiencing slight corrections after recent gains. Overall, there’s a sense of cautious optimism as investors await more clarity on potential regulatory developments.$BTC
The crypto market has been showing mixed signals today, with some major assets like Bitcoin and Ethereum experiencing slight corrections after recent gains. Overall, there’s a sense of cautious optimism as investors await more clarity on potential regulatory developments.$BTC
The cryptocurrency market in early October 2024 is seeing mixed trends with strong performances from certain sectors and key coins. BlockDAG, Solana, Polkadot, Polygon, and Kaspa are among the top-performing cryptocurrencies right now.
• BlockDAG is leading with strong community growth and a unique BlockDAG architecture, allowing faster transaction processing and scalability.
• Polkadot continues to innovate by improving blockchain interoperability, which helps different blockchain networks communicate efficiently, making it a key player in decentralized ecosystems.
• Polygon ($POL
) has solidified its position in the crypto market, with its staking system and growing use cases in DeFi and NFTs driving its value.
• Solana ($SOL
) remains a favorite for its scalability and high-speed transactions, especially among developers and users.
• Kaspa (KAS) is another standout due to its innovative Proof-of-Work system and the BlockDAG protocol, which promises higher transaction throughput and future scalability.
Despite some volatility in the broader market, these coins are thriving due to their strong technological foundations and community-driven ecosystems. However, regulatory concerns and market liquidity remain important factors to watch, especially for Binance Coin ($BNB )
, which has seen steady growth but faces challenges from ongoing regulatory scrutiny$
• BlockDAG is leading with strong community growth and a unique BlockDAG architecture, allowing faster transaction processing and scalability.
• Polkadot continues to innovate by improving blockchain interoperability, which helps different blockchain networks communicate efficiently, making it a key player in decentralized ecosystems.
• Polygon ($POL
) has solidified its position in the crypto market, with its staking system and growing use cases in DeFi and NFTs driving its value.
• Solana ($SOL
) remains a favorite for its scalability and high-speed transactions, especially among developers and users.
• Kaspa (KAS) is another standout due to its innovative Proof-of-Work system and the BlockDAG protocol, which promises higher transaction throughput and future scalability.
Despite some volatility in the broader market, these coins are thriving due to their strong technological foundations and community-driven ecosystems. However, regulatory concerns and market liquidity remain important factors to watch, especially for Binance Coin ($BNB )
, which has seen steady growth but faces challenges from ongoing regulatory scrutiny$
Bitcoin is set for a dynamic day today, October 4, 2024, with key factors influencing its price action. Analysts are predicting that Bitcoin may see a final dip before a significant breakout later this month. Historical data suggests that October has been a strong month for Bitcoin, with an average return of over 20%.
However, some economic factors, like the release of U.S. jobs data, could add volatility. This data will play a crucial role in determining Bitcoin’s next move, especially as it hovers around the $60,000 support level.Despite this uncertainty, long-term investors remain optimistic, seeing potential for a fresh rally
In summary, while Bitcoin might face some near-term corrections, many are expecting a bullish momentum as October progresses.$BTC
However, some economic factors, like the release of U.S. jobs data, could add volatility. This data will play a crucial role in determining Bitcoin’s next move, especially as it hovers around the $60,000 support level.Despite this uncertainty, long-term investors remain optimistic, seeing potential for a fresh rally
In summary, while Bitcoin might face some near-term corrections, many are expecting a bullish momentum as October progresses.$BTC
Bitcoin recently dipped below the $60,000 mark, reflecting market-wide volatility. This drop is part of a broader correction seen across multiple asset classes due to macroeconomic uncertainties, including rising geopolitical tensions. Bitcoin’s price is currently fluctuating around $60,380, representing a 2.43% decline in the past 24 hours . Although this might raise concerns, some analysts believe this is a temporary retracement, with a potential bounce expected once the market stabilizes.
Key resistance levels to watch are just above $60,000. A sustained break below could signal further declines, but if Bitcoin rebounds, it could regain momentum in the short term. Many investors are closely watching global factors, including interest rates and economic conditions, to gauge the next market move.$BTC
Key resistance levels to watch are just above $60,000. A sustained break below could signal further declines, but if Bitcoin rebounds, it could regain momentum in the short term. Many investors are closely watching global factors, including interest rates and economic conditions, to gauge the next market move.$BTC
$XRP
XRP is currently navigating a volatile period. Following a sharp dip to $0.57 due to geopolitical tensions, analysts remain optimistic about its recovery. Despite the correction, XRP’s funding rate remains positive, signaling that many traders expect a bullish rebound in the near term. If XRP manages to break past the $0.60 and $0.63 resistance levels, it could experience a surge, with some predictions targeting as high as $2.60 in the coming months.
Additionally, with the October 7 SEC appeal deadline approaching in the Ripple case, many investors are betting on a favorable outcome that could fuel further price increases
XRP is currently navigating a volatile period. Following a sharp dip to $0.57 due to geopolitical tensions, analysts remain optimistic about its recovery. Despite the correction, XRP’s funding rate remains positive, signaling that many traders expect a bullish rebound in the near term. If XRP manages to break past the $0.60 and $0.63 resistance levels, it could experience a surge, with some predictions targeting as high as $2.60 in the coming months.
Additionally, with the October 7 SEC appeal deadline approaching in the Ripple case, many investors are betting on a favorable outcome that could fuel further price increases
$BTC
#Btc
Today’s Bitcoin market on Binance is experiencing some slight turbulence, with the price hovering around $60,380, reflecting a 2.43% drop over the past 24 hours. Although this decline might seem concerning, it’s part of a broader market trend. Over the past week, Bitcoin’s price has faced a 4.38% dip, but over the past 30 days, it still shows a modest 2.12% gain, demonstrating some resilience despite recent volatility.
The ongoing geopolitical tensions, particularly in the Middle East, have prompted some investors to sell Bitcoin and shift to other assets. However, this “shallow sell-off” reflects that there’s still healthy demand for risk assets like BTC.
This might be an ideal time to closely monitor the market as Bitcoin continues to consolidate, especially as it approaches key support levels around $60K.
#Btc
Today’s Bitcoin market on Binance is experiencing some slight turbulence, with the price hovering around $60,380, reflecting a 2.43% drop over the past 24 hours. Although this decline might seem concerning, it’s part of a broader market trend. Over the past week, Bitcoin’s price has faced a 4.38% dip, but over the past 30 days, it still shows a modest 2.12% gain, demonstrating some resilience despite recent volatility.
The ongoing geopolitical tensions, particularly in the Middle East, have prompted some investors to sell Bitcoin and shift to other assets. However, this “shallow sell-off” reflects that there’s still healthy demand for risk assets like BTC.
This might be an ideal time to closely monitor the market as Bitcoin continues to consolidate, especially as it approaches key support levels around $60K.
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
Sell or hold ? #trx
Sell or hold ? #trx
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