BTCBreaks93k
Bitcoin just smashed through $93,000! đđ„ Are we heading to the moon, or should we buckle up for a bumpy ride? Whatâs your take on BTCâs next big move? Letâs hear your bold predictions!
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đ„Elon Musk Issues Surprise Crypto Endorsement Amid $3 Trillion Bitcoin And Dogecoin Price Boomđ„
Elon Musk, the Tesla billionaire who earlier this month declared a U.S. "financial emergency," has ventured back into the world of crypto amid a bitcoin price boom that could be just getting started.
The bitcoin price has topped $90,000 per bitcoin, up 20% in a week, as traders eye $100,000 in the wake of Donald Trump's U.S. presidential victory, with Musk's "favorite" cryptocurrency dogecoin leading a price pump that's sent the combined market back over $3 trillion for the first time since 2021.
Now, after a leak revealed BlackRock is quietly planning to double down on bitcoin, Elon Musk has praised the meme-based dogecoin, a cryptocurrency he once vowed to "send to the moon."
"I think the flat inflation of dogecoin, which means decreasing percentage inflation, is a feature, not a bug," Musk posted to X in response to dogecoin co-creator Billy Markus who had suggested users propose removing dogecoin's inflation if they don't like it.
"You can change it right there, make a pull request, convince the community and miners to use the new version," Markus posted, adding inflation"is ideal for something intended as a currency steady predictable inflation with a percentage that goes down" and is "much, much lower than the dollar."
The dogecoin price has this week returned to levels not seen since the Musk-led crypto boom of 2021.
Musk's public comments on bitcoin, crypto and dogecoin through 2021 inflated a lockdown-era crypto bubble that landed Musk in legal trouble when it poppedâwith a judge dismissing a lawsuit claiming Musk and Tesla pumped up the dogecoin price into a $258 billion âpyramid scheme" earlier this year.
Tesla and Musk's rocket company SpaceX both accept dogecoin for some purchases and Musk has said he personally owns some of the meme-based cryptocurrency.
Muskânamed by U.S. president-elect Donald Trump to lead the new Department of Government Efficiency, nicknamed Doge after the meme behind dogecoinâhas recently warned inflation could mean the U.S. dollar is heading for "destruction."
Musk hit the campaign trail hard for Trump in the weeks before the U.S. election and is now among a group of heavily pro-bitcoin and crypto advisors that now surrounds the president-elect.
Trump's victory has propelled the bitcoin price higher over the last week as traders bet his administration will mean a softening of crypto regulations and a change of leadership at regulatory agencies that have frowned on crypto markets.
Trump has also floated plans to create a U.S. bitcoin strategic reserveâpredicting the bitcoin price could eventually eclipse goldâand the possibility of using bitcoin to pay off the U.S.'s $35 trillion debt pile.
#BTCBreaks93k
The bitcoin price has topped $90,000 per bitcoin, up 20% in a week, as traders eye $100,000 in the wake of Donald Trump's U.S. presidential victory, with Musk's "favorite" cryptocurrency dogecoin leading a price pump that's sent the combined market back over $3 trillion for the first time since 2021.
Now, after a leak revealed BlackRock is quietly planning to double down on bitcoin, Elon Musk has praised the meme-based dogecoin, a cryptocurrency he once vowed to "send to the moon."
"I think the flat inflation of dogecoin, which means decreasing percentage inflation, is a feature, not a bug," Musk posted to X in response to dogecoin co-creator Billy Markus who had suggested users propose removing dogecoin's inflation if they don't like it.
"You can change it right there, make a pull request, convince the community and miners to use the new version," Markus posted, adding inflation"is ideal for something intended as a currency steady predictable inflation with a percentage that goes down" and is "much, much lower than the dollar."
The dogecoin price has this week returned to levels not seen since the Musk-led crypto boom of 2021.
Musk's public comments on bitcoin, crypto and dogecoin through 2021 inflated a lockdown-era crypto bubble that landed Musk in legal trouble when it poppedâwith a judge dismissing a lawsuit claiming Musk and Tesla pumped up the dogecoin price into a $258 billion âpyramid scheme" earlier this year.
Tesla and Musk's rocket company SpaceX both accept dogecoin for some purchases and Musk has said he personally owns some of the meme-based cryptocurrency.
Muskânamed by U.S. president-elect Donald Trump to lead the new Department of Government Efficiency, nicknamed Doge after the meme behind dogecoinâhas recently warned inflation could mean the U.S. dollar is heading for "destruction."
Musk hit the campaign trail hard for Trump in the weeks before the U.S. election and is now among a group of heavily pro-bitcoin and crypto advisors that now surrounds the president-elect.
Trump's victory has propelled the bitcoin price higher over the last week as traders bet his administration will mean a softening of crypto regulations and a change of leadership at regulatory agencies that have frowned on crypto markets.
Trump has also floated plans to create a U.S. bitcoin strategic reserveâpredicting the bitcoin price could eventually eclipse goldâand the possibility of using bitcoin to pay off the U.S.'s $35 trillion debt pile.
#BTCBreaks93k
Ajaay05:
Elonđ
Bitcoin Approaching Upper Channel Resistance!
Hello guys.
Ascending Channel: Bitcoin is trading within a well-defined ascending channel, with support and resistance levels marked by parallel lines.
Upper Resistance Zone: The price is nearing the upper boundary of the channel around $95,784, which may act as strong resistance.
$BTC
Bullish Momentum: The trend is bullish as Bitcoin has consistently followed the channel upwards, respecting both support and resistance levels.
Potential Pullback: If Bitcoin faces resistance at the upper channel, a pullback towards the midline or lower boundary is possible.
Target: If the price breaks above the upper boundary, Bitcoin could see a further bullish extension around $95,784. However, rejection at this level could signal a temporary correction.
Regards, Trade Cryptocurrency
Stay Tuned for Further Updates.
#BTCBreaks93k
#MidNovemberMarket
Ascending Channel: Bitcoin is trading within a well-defined ascending channel, with support and resistance levels marked by parallel lines.
Upper Resistance Zone: The price is nearing the upper boundary of the channel around $95,784, which may act as strong resistance.
$BTC
Bullish Momentum: The trend is bullish as Bitcoin has consistently followed the channel upwards, respecting both support and resistance levels.
Potential Pullback: If Bitcoin faces resistance at the upper channel, a pullback towards the midline or lower boundary is possible.
Target: If the price breaks above the upper boundary, Bitcoin could see a further bullish extension around $95,784. However, rejection at this level could signal a temporary correction.
Regards, Trade Cryptocurrency
Stay Tuned for Further Updates.
#BTCBreaks93k
#MidNovemberMarket
BITCOIN ANALYSIS đ„đđ„đ CURRENT SITUATION đ
#USInflationAboveTarget
đ Bitcoin (BTC/USDT) Analysis â A Closer Look at the Trend đ
---$BTC
đ Current Price: BTC is trading around 91,160.42 USDT, showing a 0.43% increase in the last 24 hours. As we analyze the 1-hour chart, we notice Bitcoin is moving within a well-defined ascending channel, a pattern often indicating a potential continuation of the trend, but with equal risk for both upward and downward breakouts. Letâs dive deeper into what this chart is telling us and what levels to watch out for.
đ Key Levels to Monitor:
Resistance (Upper Boundary): Around 93,265.64 USDT â This is the upper level of the ascending channel. If BTC can break above this resistance, we could see further upward momentum, possibly leading to a new high in this trend. However, this level has historically acted as a strong barrier, so a breakout would need solid volume to confirm the move.
Support (Lower Boundary): Around 87,082.42 USDT â This is the lower edge of the channel. If Bitcoin fails to sustain above this support and breaks downward, it could signal a reversal or a deeper correction, potentially testing the next lower support levels.
đ Technical Analysis of the Ascending Channel:
1. Ascending Channel Pattern: This pattern occurs when price forms higher highs and higher lows, moving between parallel trendlines. It often shows a gradual uptrend but can be tricky to trade due to potential fake breakouts.
2. Trend Continuation or Reversal?: As BTC continues bouncing between the channelâs boundaries, weâre watching for either:
Upside Breakout: This would signal a continuation of the bullish trend, possibly leading BTC to test and surpass higher levels. A breakout above the 93,265.64 USDT level, with strong volume, could be an entry point for bulls aiming for further gains.
Downside Breakout: A break below the 87,082.42 USDT level could indicate a bearish reversal, pushing BTC to lower support areas. This would attract bears, and could lead to a short-term correction before BTC finds its next strong support level.
đ Market Sentiment & Volume Analysis:
Volume: For a breakout confirmation, weâd like to see a significant increase in volume, indicating that thereâs strong buying or selling pressure.
Market Sentiment: Bitcoin has seen a substantial rally over the past few days, which has brought it closer to the 93,000 USDT mark. The question now is whether this upward momentum can be sustained or if profit-taking will cause a temporary setback.
đ© Possible Scenarios:
1. Bullish Scenario: If BTC breaks above the upper resistance of 93,265.64 USDT with strong volume, it would indicate a bullish continuation. This breakout could push Bitcoin to the next psychological resistance level around 95,000 USDT or higher, setting a fresh high for the week.
2. Bearish Scenario: If BTC fails to hold within the channel and breaks below 87,082.42 USDT, a potential correction could ensue. In this case, traders should look out for the next support zone around 84,000 USDT, which could act as a temporary floor.
đ Key Takeaways for Traders:
Patience is Key: Wait for a clear breakout from the channel before taking a position. Channel trading can be tricky, with false breakouts often trapping traders on the wrong side.
Watch the Volume: Volume will play a critical role in validating any move out of the channel, especially if we see a breakout to the upside.
Risk Management: For those already holding BTC, setting stop losses near the support level is essential in case the channel breaks to the downside.
â ïž Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research and consider your risk tolerance before making any trading decisions.
---
Stay tuned for more updates and trade carefully! đđ
#MemecoinWars
#BTCBreaks93k
#PEPEATH
#PNUTSurge
đ Bitcoin (BTC/USDT) Analysis â A Closer Look at the Trend đ
---$BTC
đ Current Price: BTC is trading around 91,160.42 USDT, showing a 0.43% increase in the last 24 hours. As we analyze the 1-hour chart, we notice Bitcoin is moving within a well-defined ascending channel, a pattern often indicating a potential continuation of the trend, but with equal risk for both upward and downward breakouts. Letâs dive deeper into what this chart is telling us and what levels to watch out for.
đ Key Levels to Monitor:
Resistance (Upper Boundary): Around 93,265.64 USDT â This is the upper level of the ascending channel. If BTC can break above this resistance, we could see further upward momentum, possibly leading to a new high in this trend. However, this level has historically acted as a strong barrier, so a breakout would need solid volume to confirm the move.
Support (Lower Boundary): Around 87,082.42 USDT â This is the lower edge of the channel. If Bitcoin fails to sustain above this support and breaks downward, it could signal a reversal or a deeper correction, potentially testing the next lower support levels.
đ Technical Analysis of the Ascending Channel:
1. Ascending Channel Pattern: This pattern occurs when price forms higher highs and higher lows, moving between parallel trendlines. It often shows a gradual uptrend but can be tricky to trade due to potential fake breakouts.
2. Trend Continuation or Reversal?: As BTC continues bouncing between the channelâs boundaries, weâre watching for either:
Upside Breakout: This would signal a continuation of the bullish trend, possibly leading BTC to test and surpass higher levels. A breakout above the 93,265.64 USDT level, with strong volume, could be an entry point for bulls aiming for further gains.
Downside Breakout: A break below the 87,082.42 USDT level could indicate a bearish reversal, pushing BTC to lower support areas. This would attract bears, and could lead to a short-term correction before BTC finds its next strong support level.
đ Market Sentiment & Volume Analysis:
Volume: For a breakout confirmation, weâd like to see a significant increase in volume, indicating that thereâs strong buying or selling pressure.
Market Sentiment: Bitcoin has seen a substantial rally over the past few days, which has brought it closer to the 93,000 USDT mark. The question now is whether this upward momentum can be sustained or if profit-taking will cause a temporary setback.
đ© Possible Scenarios:
1. Bullish Scenario: If BTC breaks above the upper resistance of 93,265.64 USDT with strong volume, it would indicate a bullish continuation. This breakout could push Bitcoin to the next psychological resistance level around 95,000 USDT or higher, setting a fresh high for the week.
2. Bearish Scenario: If BTC fails to hold within the channel and breaks below 87,082.42 USDT, a potential correction could ensue. In this case, traders should look out for the next support zone around 84,000 USDT, which could act as a temporary floor.
đ Key Takeaways for Traders:
Patience is Key: Wait for a clear breakout from the channel before taking a position. Channel trading can be tricky, with false breakouts often trapping traders on the wrong side.
Watch the Volume: Volume will play a critical role in validating any move out of the channel, especially if we see a breakout to the upside.
Risk Management: For those already holding BTC, setting stop losses near the support level is essential in case the channel breaks to the downside.
â ïž Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research and consider your risk tolerance before making any trading decisions.
---
Stay tuned for more updates and trade carefully! đđ
#MemecoinWars
#BTCBreaks93k
#PEPEATH
#PNUTSurge
$BTC after Making new ATH value record $93,000.. Down to $89,000... Now In Consolidation phases about $90,000...
$BTC is going to break Consolidation phase and soon will hit $91,000, $92,000 and then $94,000 new ATH..
đš $BTC /USDT Market Update: Potential for Breakout..
Bitcoin is holding strong at 90,019.98, up by 3.06% today, reflecting resilient buyer interest despite recent fluctuations. The 24-hour range between 87,082.42 and 93,265.64 shows a tug-of-war between bulls and bears, with buyers defending key support levels around 89,500. Traders should watch for a breakout above 90,500 for a potential rally toward 92,000 and possibly beyond if momentum strengthens. Conversely, a slip below 89,000 might signal a pullback, targeting support around 87,500. Keep stop-losses tight and stay alert for rapid shifts as volatility remains high.
#BTCBreaks93k #MemecoinWars #USInflationAboveTarget #HaveYouBinanced #TrumpNominatesMuskDOGE
$BTC is going to break Consolidation phase and soon will hit $91,000, $92,000 and then $94,000 new ATH..
đš $BTC /USDT Market Update: Potential for Breakout..
Bitcoin is holding strong at 90,019.98, up by 3.06% today, reflecting resilient buyer interest despite recent fluctuations. The 24-hour range between 87,082.42 and 93,265.64 shows a tug-of-war between bulls and bears, with buyers defending key support levels around 89,500. Traders should watch for a breakout above 90,500 for a potential rally toward 92,000 and possibly beyond if momentum strengthens. Conversely, a slip below 89,000 might signal a pullback, targeting support around 87,500. Keep stop-losses tight and stay alert for rapid shifts as volatility remains high.
#BTCBreaks93k #MemecoinWars #USInflationAboveTarget #HaveYouBinanced #TrumpNominatesMuskDOGE
đš BTC/USDT CRUCIAL ALERT đš
Bitcoin is hovering around 91,000, reflecting consolidation with potential for an upward push. A breakout above 92,000 may spark a bullish rally toward 94,000. However, if BTC retraces below 89,500, a drop to 87,500 could be expected, signaling bearish pressure.
Trade Levels:
âą Long Entry: Above 92,000 | Targets: 93,000, 94,000 | Stop Loss: 90,500
âą Short Entry: Below 89,500 | Targets: 88,000, 87,500 | Stop Loss: 91,000
â ïž Market Sentiment: Pattern suggests a breakout soon, keep an eye on these levels! #HaveYouBinanced #BTCBreaks93k #USInflationAboveTarget #MidNovemberMarket #cryptomarketcapATH
Bitcoin is hovering around 91,000, reflecting consolidation with potential for an upward push. A breakout above 92,000 may spark a bullish rally toward 94,000. However, if BTC retraces below 89,500, a drop to 87,500 could be expected, signaling bearish pressure.
Trade Levels:
âą Long Entry: Above 92,000 | Targets: 93,000, 94,000 | Stop Loss: 90,500
âą Short Entry: Below 89,500 | Targets: 88,000, 87,500 | Stop Loss: 91,000
â ïž Market Sentiment: Pattern suggests a breakout soon, keep an eye on these levels! #HaveYouBinanced #BTCBreaks93k #USInflationAboveTarget #MidNovemberMarket #cryptomarketcapATH
Breaking Boundaries in Bitcoin: The Tides of Liquidation
The Binance $BTC /USDT liquidation map tells a story of a battlefield where leverage collides with price momentum.
As $BTC edges toward the $90,628 mark, the looming specter of massive liquidations intensifies.
Shorts are piled high, holding the line with cumulative leverage soaring above 800M, while the longs are primed for a wipeout below critical support levels.
The stakes? Sky-high liquidations await, promising unprecedented volatility.
The market is coiling; brace for seismic shifts that could redefine BTCâs trajectory.
Will traders hold the line, or are we set for a purge of epic proportions?
#BTCBreaks93k
#PNUTSurge
#PEPEATH
#HaveYouBinanced
#MidNovemberMarket
The Binance $BTC /USDT liquidation map tells a story of a battlefield where leverage collides with price momentum.
As $BTC edges toward the $90,628 mark, the looming specter of massive liquidations intensifies.
Shorts are piled high, holding the line with cumulative leverage soaring above 800M, while the longs are primed for a wipeout below critical support levels.
The stakes? Sky-high liquidations await, promising unprecedented volatility.
The market is coiling; brace for seismic shifts that could redefine BTCâs trajectory.
Will traders hold the line, or are we set for a purge of epic proportions?
#BTCBreaks93k
#PNUTSurge
#PEPEATH
#HaveYouBinanced
#MidNovemberMarket
đ BTC/USDT Analysis - Trade Entry Levels đ
Bitcoin is currently trading at $90,884 (+3.79% in the last 24h) with a strong upward momentum. đ Here's a quick technical breakdown and suggested entry points:
đž Long Entry (Buy):
Consider entering around $89,800 - $90,000 if there's a pullback, as this area aligns closely with the MA(99) support level.
Target levels could be around $91,500 and potentially the recent high at $93,265, depending on market strength.
đč Short Entry (Sell):
If Bitcoin fails to hold above $90,500, a short position may be suitable, targeting the $89,000 - $89,500 zone as it approaches recent lows.
Be cautious around $87,000 where buyers have shown strength, marking a solid support.
Indicators to Watch đ:
MA(7) and MA(25) lines (yellow and pink) indicate potential for bullish momentum if they cross above MA(99) (purple).
The 24h trading volume shows significant activity, reinforcing the possibility of strong price action.
Stay vigilant and trade smart! đ§ đ
#USInflationAboveTarget #USUALonLaunchpool&Pre-Market #MemecoinWars #BTCBreaks93k #PNUTSurge
Bitcoin is currently trading at $90,884 (+3.79% in the last 24h) with a strong upward momentum. đ Here's a quick technical breakdown and suggested entry points:
đž Long Entry (Buy):
Consider entering around $89,800 - $90,000 if there's a pullback, as this area aligns closely with the MA(99) support level.
Target levels could be around $91,500 and potentially the recent high at $93,265, depending on market strength.
đč Short Entry (Sell):
If Bitcoin fails to hold above $90,500, a short position may be suitable, targeting the $89,000 - $89,500 zone as it approaches recent lows.
Be cautious around $87,000 where buyers have shown strength, marking a solid support.
Indicators to Watch đ:
MA(7) and MA(25) lines (yellow and pink) indicate potential for bullish momentum if they cross above MA(99) (purple).
The 24h trading volume shows significant activity, reinforcing the possibility of strong price action.
Stay vigilant and trade smart! đ§ đ
#USInflationAboveTarget #USUALonLaunchpool&Pre-Market #MemecoinWars #BTCBreaks93k #PNUTSurge
đđ„Bitcoin just shattered the $93,000 mark! đ
This historic milestone has the entire crypto community buzzingâare we about to see a meteoric rise, or is volatility just around the corner?
With new all-time highs in sight, here are some key points fueling the conversation:
Institutional Demand: With major investors backing BTC, demand is surging, and supply remains limited.
đŒMacroeconomic Factors: Global inflation and financial uncertainty are driving more people to view BTC as a hedge.
đFOMO: As BTC breaks new ground, retail investors are pouring in, pushing momentum further. đ„
Is this the start of a mega bull run, or should we brace for a cool-off?
Drop your bold predictions and letâs discuss BTCâs next move below! đŹ
#BTCBreaks93k
This historic milestone has the entire crypto community buzzingâare we about to see a meteoric rise, or is volatility just around the corner?
With new all-time highs in sight, here are some key points fueling the conversation:
Institutional Demand: With major investors backing BTC, demand is surging, and supply remains limited.
đŒMacroeconomic Factors: Global inflation and financial uncertainty are driving more people to view BTC as a hedge.
đFOMO: As BTC breaks new ground, retail investors are pouring in, pushing momentum further. đ„
Is this the start of a mega bull run, or should we brace for a cool-off?
Drop your bold predictions and letâs discuss BTCâs next move below! đŹ
#BTCBreaks93k
đ„đ„**Bitcoin on the Verge of $95,000: What to Expect Tonight**đđđ
$BTC
đȘAs the cryptocurrency market continues to heat up, all eyes are on Bitcoin. Tonight, we might witness Bitcoin reaching an unprecedented milestone of $95,000. This surge is driven by a combination of factors, including increased institutional interest, positive market sentiment, and the recent approval of a major Bitcoin ETF.
đ„**Why is Bitcoin Rising?**
1. **Institutional Investment**: Major financial institutions are increasingly investing in Bitcoin, viewing it as a hedge against inflation and a store of value.
2. **Market Sentiment**: The overall sentiment in the crypto market is bullish, with many investors expecting further gains.
3. **Regulatory Developments**: The approval of Bitcoin ETFs has made it easier for investors to gain exposure to Bitcoin, driving up demand.
**What Could Happen Tonight?**
If Bitcoin hits $95,000 tonight, it will mark a significant milestone in its journey. This could lead to:
- **Increased Media Attention**: A new all-time high will likely attract more media coverage, bringing in new investors.
- **Market Volatility**: As always with cryptocurrencies, such a surge could be followed by increased volatility. Be prepared for potential price swings.
- **Investor Confidence**: Reaching $95,000 could boost investor confidence, leading to further investments and potentially pushing the price even higher.
đ€**Final Thoughts**
Whether you're a seasoned investor or new to the crypto space, tonight could be a pivotal moment for Bitcoin. Keep an eye on the market, stay informed, and make sure to manage your investments wisely.đ”đ”đ”
#USInflationAboveTarget #BTCBreaks93k #PEPEATH #Write2Earn #BTCâ
$BTC
đȘAs the cryptocurrency market continues to heat up, all eyes are on Bitcoin. Tonight, we might witness Bitcoin reaching an unprecedented milestone of $95,000. This surge is driven by a combination of factors, including increased institutional interest, positive market sentiment, and the recent approval of a major Bitcoin ETF.
đ„**Why is Bitcoin Rising?**
1. **Institutional Investment**: Major financial institutions are increasingly investing in Bitcoin, viewing it as a hedge against inflation and a store of value.
2. **Market Sentiment**: The overall sentiment in the crypto market is bullish, with many investors expecting further gains.
3. **Regulatory Developments**: The approval of Bitcoin ETFs has made it easier for investors to gain exposure to Bitcoin, driving up demand.
**What Could Happen Tonight?**
If Bitcoin hits $95,000 tonight, it will mark a significant milestone in its journey. This could lead to:
- **Increased Media Attention**: A new all-time high will likely attract more media coverage, bringing in new investors.
- **Market Volatility**: As always with cryptocurrencies, such a surge could be followed by increased volatility. Be prepared for potential price swings.
- **Investor Confidence**: Reaching $95,000 could boost investor confidence, leading to further investments and potentially pushing the price even higher.
đ€**Final Thoughts**
Whether you're a seasoned investor or new to the crypto space, tonight could be a pivotal moment for Bitcoin. Keep an eye on the market, stay informed, and make sure to manage your investments wisely.đ”đ”đ”
#USInflationAboveTarget #BTCBreaks93k #PEPEATH #Write2Earn #BTCâ
Here are my key levels to watch for $BTC during the day.
Iâm expecting 95k Soon
â ïž$88400 Is a trend line support
â ïž84700-85400 Is a Strong Support
Expecting Good Bounce From these levelsđ
We should hold above $84400đ
#BTCBreaks93k #MemecoinWars #cryptomarketcapATH #BTCâ
Iâm expecting 95k Soon
â ïž$88400 Is a trend line support
â ïž84700-85400 Is a Strong Support
Expecting Good Bounce From these levelsđ
We should hold above $84400đ
#BTCBreaks93k #MemecoinWars #cryptomarketcapATH #BTCâ
Bitcoin Hits $93,000 Highest Ever
As Bitcoin's price has hit new records, market sentiment has increased.
Bitcoin had a break yesterday, but the uptrend has returned today as the coin has reached a new all-time high (ATH) above $93,000.
Bitcoin has gained almost 24% weekly since this rise. Ethereum (ETH), the largest asset in the industry, has produced similar earnings as BTC.
Many cryptocurrencies have outperformed these two heavyweights, with Dogecoin (DOGE) achieving 120% positive returns.
When the market is optimistic, investor sentiment improves. As the Fear & Greed Index reveals, this happened again.
Bitcoin Fear & Greed Index Is 84
Alternative devised the âFear & Greed Indexâ to measure investor sentiment in Bitcoin and other cryptocurrency marketplaces.
This indicator measures trader mindset on a 0-100 scale. Above 53 indicates investor greed, while below 47 indicates market anxiety. Net neutrality lies between these cutoffs.
These three basic emotions are joined by excessive greed and terror. The former is above 75 and the latter beneath 25.
The measure appears to be 84 | Source: Alternative
The index is 84, as seen above. This implies severe investor greed.
Bitcoin and other currencies in the industry have often defied expectations. The audience gains confidence when a countermove is likely.
When the Fear & Greed Index reaches an extreme, BTC may reverse. The March top had this effect also.
That peak had the indicator at 88, which is close to the current figure. Thus, sentiment may indicate that Bitcoin is overheating.
The surge may still have space to run, since preceding bull markets have seen the cryptocurrency stay in this extreme zone until the cyclical peak.
#BTCBreaks93k #cryptomarketcapATH #MidNovemberMarket $BTC
As Bitcoin's price has hit new records, market sentiment has increased.
Bitcoin had a break yesterday, but the uptrend has returned today as the coin has reached a new all-time high (ATH) above $93,000.
Bitcoin has gained almost 24% weekly since this rise. Ethereum (ETH), the largest asset in the industry, has produced similar earnings as BTC.
Many cryptocurrencies have outperformed these two heavyweights, with Dogecoin (DOGE) achieving 120% positive returns.
When the market is optimistic, investor sentiment improves. As the Fear & Greed Index reveals, this happened again.
Bitcoin Fear & Greed Index Is 84
Alternative devised the âFear & Greed Indexâ to measure investor sentiment in Bitcoin and other cryptocurrency marketplaces.
This indicator measures trader mindset on a 0-100 scale. Above 53 indicates investor greed, while below 47 indicates market anxiety. Net neutrality lies between these cutoffs.
These three basic emotions are joined by excessive greed and terror. The former is above 75 and the latter beneath 25.
The measure appears to be 84 | Source: Alternative
The index is 84, as seen above. This implies severe investor greed.
Bitcoin and other currencies in the industry have often defied expectations. The audience gains confidence when a countermove is likely.
When the Fear & Greed Index reaches an extreme, BTC may reverse. The March top had this effect also.
That peak had the indicator at 88, which is close to the current figure. Thus, sentiment may indicate that Bitcoin is overheating.
The surge may still have space to run, since preceding bull markets have seen the cryptocurrency stay in this extreme zone until the cyclical peak.
#BTCBreaks93k #cryptomarketcapATH #MidNovemberMarket $BTC
Oliveira12:
Who will be the blessed one who will bless me with 1 Bitcoin omg
BREAKING: $BTC Just Wiped Out a $143K Short at $90,855.80!
The crypto scene is electric as BTC bulls overpower resistance, triggering a massive $143K short liquidation at $90,855.80!
Bears are scrambling, caught in the bullish onslaught thatâs taking the market by storm.
Could this be the spark that ignites an unstoppable rally?
With volatility peaking and bulls seizing momentum, this could be the beginning of a breakout for the ages.
Buckle up, tradersâthis is a wild one!
#USInflationAboveTarget
#MemecoinWars #BTCBreaks93k #PEPEATH #HaveYouBinanced
The crypto scene is electric as BTC bulls overpower resistance, triggering a massive $143K short liquidation at $90,855.80!
Bears are scrambling, caught in the bullish onslaught thatâs taking the market by storm.
Could this be the spark that ignites an unstoppable rally?
With volatility peaking and bulls seizing momentum, this could be the beginning of a breakout for the ages.
Buckle up, tradersâthis is a wild one!
#USInflationAboveTarget
#MemecoinWars #BTCBreaks93k #PEPEATH #HaveYouBinanced
$BTC 100,000 is inevitable in shorter time frame,
Apart from that, bullrun is in action, memecoins are gaining wild marketCaps, like literally hitting $Billion Caps in no time, as if a piece of cake,
Just imagine what will happen to the altcoins as we hit alt season,
Stay put and do not lose your patience,
We are close to everything. #dyor
#ZeusInCrypto #BTCBreaks93k
Apart from that, bullrun is in action, memecoins are gaining wild marketCaps, like literally hitting $Billion Caps in no time, as if a piece of cake,
Just imagine what will happen to the altcoins as we hit alt season,
Stay put and do not lose your patience,
We are close to everything. #dyor
#ZeusInCrypto #BTCBreaks93k
Ameen Dhanani:
bhai pls share low cap alt coins
Bitcoinâs $BTC price action is heating up, currently holding steady at $90,558.59, up +3.54%. With a 24-hour high reaching $93,265.64 and volume spiking, the bulls are clearly in control.
This surge isnât just a move; itâs a statement, sending waves through the market as BTC edges closer to all-time highs.
The pressure is on as the 7-day, 30-day, and 90-day gains paint a picture of unrelenting growth.
At a 1-year surge of 157.04%, Bitcoin continues to defy expectations.
Every uptick is another step toward a new frontier, leaving shorts in its wake.
The thrill is real, and $BTC is pushing the boundaries yet again!
#BTCBreaks93k
#PNUTSurge
#PEPEATH
#HaveYouBinanced
#MidNovemberMarket
This surge isnât just a move; itâs a statement, sending waves through the market as BTC edges closer to all-time highs.
The pressure is on as the 7-day, 30-day, and 90-day gains paint a picture of unrelenting growth.
At a 1-year surge of 157.04%, Bitcoin continues to defy expectations.
Every uptick is another step toward a new frontier, leaving shorts in its wake.
The thrill is real, and $BTC is pushing the boundaries yet again!
#BTCBreaks93k
#PNUTSurge
#PEPEATH
#HaveYouBinanced
#MidNovemberMarket
$BTC hit $90k+ ..Soon $BTC will hit $93kđš $BTC /USDT on the Verge of a Critical Break! đš
Bitcoin is trading at 89,915.88, showing a robust 3.87% surge in the last 24 hours. After hitting a high of 93,265.64, BTC has pulled back, testing the waters around the 89K zone. This level is crucial: if BTC can maintain momentum and break past the 90,566 resistance, we could witness a bullish rally driving it toward the 93K mark and beyond, attracting a wave of new buyers. However, caution is warranted! A dip below the 88,792 support may trigger a sell-off, pulling BTC back toward 87,970 or lower. With such high tension in the market, expect volatile movesâthis is a moment of suspense! Will Bitcoin explode upwards or face a sharp rejection? Stay on high alert for the next few candles!
#BTCâ #BTCBreaks93k #HaveYouBinanced #TrumpNominatesMuskDOGE #Write2Earn!
Bitcoin is trading at 89,915.88, showing a robust 3.87% surge in the last 24 hours. After hitting a high of 93,265.64, BTC has pulled back, testing the waters around the 89K zone. This level is crucial: if BTC can maintain momentum and break past the 90,566 resistance, we could witness a bullish rally driving it toward the 93K mark and beyond, attracting a wave of new buyers. However, caution is warranted! A dip below the 88,792 support may trigger a sell-off, pulling BTC back toward 87,970 or lower. With such high tension in the market, expect volatile movesâthis is a moment of suspense! Will Bitcoin explode upwards or face a sharp rejection? Stay on high alert for the next few candles!
#BTCâ #BTCBreaks93k #HaveYouBinanced #TrumpNominatesMuskDOGE #Write2Earn!
$BTC
This chart shows a price action breakout from a consolidation range. The market broke above the $94,500 resistance, reaching new highs before finding resistance around $95,500. Currently, the price is retracing within a defined consolidation zone, highlighting potential areas of support near the $94,500 region.
If the price can successfully hold above this support level and reclaim momentum, we could see a continuation toward the $96,000 to $97,000 resistance zone. Conversely, if the support fails to hold, a deeper retracement toward lower levels, potentially around $93,000, could occur. Keep an eye on how the market reacts to this range to gauge the next significant move.
#USInflationAboveTarget #BTCBreaks93k #BinanceSquareFamily #Binancepen_spark #AqibAlpha
This chart shows a price action breakout from a consolidation range. The market broke above the $94,500 resistance, reaching new highs before finding resistance around $95,500. Currently, the price is retracing within a defined consolidation zone, highlighting potential areas of support near the $94,500 region.
If the price can successfully hold above this support level and reclaim momentum, we could see a continuation toward the $96,000 to $97,000 resistance zone. Conversely, if the support fails to hold, a deeper retracement toward lower levels, potentially around $93,000, could occur. Keep an eye on how the market reacts to this range to gauge the next significant move.
#USInflationAboveTarget #BTCBreaks93k #BinanceSquareFamily #Binancepen_spark #AqibAlpha
**Bitcoin's Recent Price Action: A Quick Breakout Followed by a Correction**
Bitcoin (BTC) recently experienced a rapid breakout, surging to the $93,000 mark.
However, this bullish momentum was short-lived as the price quickly reversed, breaking through key structural support levels.
Despite this pullback, the overall market sentiment remains strongly bullish, with many expecting new highs in the near future. In the event of further downside, $86,400 is likely to act as a critical support level, providing a cushion for any extended correction.
As the broader market outlook remains positive, BTC's long-term trend still points towards growth, and traders are watching for a potential rebound toward new all-time highs.
#USInflationAboveTarget #MemecoinWars #BTCBreaks93k #PEPEATH #PEPEATH $BTC $BNB $ETH
Bitcoin (BTC) recently experienced a rapid breakout, surging to the $93,000 mark.
However, this bullish momentum was short-lived as the price quickly reversed, breaking through key structural support levels.
Despite this pullback, the overall market sentiment remains strongly bullish, with many expecting new highs in the near future. In the event of further downside, $86,400 is likely to act as a critical support level, providing a cushion for any extended correction.
As the broader market outlook remains positive, BTC's long-term trend still points towards growth, and traders are watching for a potential rebound toward new all-time highs.
#USInflationAboveTarget #MemecoinWars #BTCBreaks93k #PEPEATH #PEPEATH $BTC $BNB $ETH
đ Bitcoin Bull Rally Countdown: The Key to October 2025! đ
Crypto analyst Rekt Capital, with a following of over 506K on X, just made waves with a powerful Bitcoin prediction. đ Based on BTCâs historical halving cycles, the next mega rally could land in October 2025! Hereâs why this could be a defining moment for Bitcoin:
đ Bitcoinâs Halving Cycle Magic
In the past, BTC bottomed 517 days before the 2020 halving and reached its peak 549 days later. If history repeats itself, that means weâre in the countdown to the next big surgeâand 2025 could be massive.
đșđž US Elections Boosting Bitcoin Demand
Following Donald Trump's recent win, demand for Bitcoin has skyrocketed, pushing prices to $89,900. Investors are now eyeing the magic $100,000 mark, with Polymarketâs data suggesting a 65% probability of hitting this milestone in the next year.
đŻ The Path to $100,000 & Beyond
If Trump follows through on his crypto-friendly promises and new users keep entering the market, the $100,000 target could be in sight! However, will this level become a resistance point? Many believe it could be, as investors face the psychological hurdle of breaking six figures.
đ Are You Ready for the Next Bitcoin Wave?
Secure your BTC today on Binance, and prepare for what could be a historic bull season!
#USInflationAboveTarget #BTCBreaks93k #BTCâ #Write2Earn! $BTC
Crypto analyst Rekt Capital, with a following of over 506K on X, just made waves with a powerful Bitcoin prediction. đ Based on BTCâs historical halving cycles, the next mega rally could land in October 2025! Hereâs why this could be a defining moment for Bitcoin:
đ Bitcoinâs Halving Cycle Magic
In the past, BTC bottomed 517 days before the 2020 halving and reached its peak 549 days later. If history repeats itself, that means weâre in the countdown to the next big surgeâand 2025 could be massive.
đșđž US Elections Boosting Bitcoin Demand
Following Donald Trump's recent win, demand for Bitcoin has skyrocketed, pushing prices to $89,900. Investors are now eyeing the magic $100,000 mark, with Polymarketâs data suggesting a 65% probability of hitting this milestone in the next year.
đŻ The Path to $100,000 & Beyond
If Trump follows through on his crypto-friendly promises and new users keep entering the market, the $100,000 target could be in sight! However, will this level become a resistance point? Many believe it could be, as investors face the psychological hurdle of breaking six figures.
đ Are You Ready for the Next Bitcoin Wave?
Secure your BTC today on Binance, and prepare for what could be a historic bull season!
#USInflationAboveTarget #BTCBreaks93k #BTCâ #Write2Earn! $BTC
Bitcoin Hits $93,000 Amid Donald Trumpâs Pro-Crypto Stance
Bitcoin reached a new all-time high of $93,400 before settling around $90,000, as traders closely watch its move toward the $100,000 milestone.
On Thursday, Bitcoin surpassed the $93,000 mark, continuing its strong upward momentum. This surge is largely attributed to growing optimism about a potentially crypto-friendly regulatory approach from President-elect Donald Trump, as well as expectations that the US Federal Reserve may cut interest rates further. At its peak, Bitcoin touched $93,400 before pulling back slightly to $90,000, with traders keeping a close eye on the path toward $100,000.
Bitcoinâs Recent Rally
Bitcoin's recent rally has been impressive, with the cryptocurrency climbing nearly 6% in the US market. It briefly reached a record high of $93,462 before retreating to $89,974 by Thursday morning in Singapore. By 9:25 AM, Bitcoin was trading around $90,077, giving it a market capitalization of $1.78 trillion.
Market Indicators and Bullish Sentiment
Both technical and fundamental indicators suggest that Bitcoinâs momentum remains strong. The Fear and Greed Index, which gauges market sentiment, is currently showing "Extreme Greed," signaling high confidence among investors.
Edul Patel, CEO of Mudrex, noted that over $850 million in Bitcoin options are positioned at the $100,000 mark, reflecting strong trader belief in Bitcoinâs continued rise. He highlighted that Bitcoin's next resistance level is at $94,200, with key support at $85,500.
Patel commented, âBitcoin has resumed its rally, reaching a new all-time high of $93,400 and stabilizing around $90,000. Technical and fundamental indicators suggest continued strength, with the Fear and Greed Index showing 'Extreme Greed.' The $100,000 level remains a key target, and traders are confident in this rally.â
Trumpâs Pro-Crypto Stance
A key factor driving Bitcoin's recent rise is Donald Trumpâs pro-crypto stance. Trump has expressed interest in creating a more favorable regulatory environment for digital assets, which has fueled optimism among cryptocurrency enthusiasts. Many believe that such policies could make the market more attractive and push Bitcoin closer to the $100,000 mark.
Itâs also reported that between 30% and 40% of Americans now hold some form of cryptocurrency, a number that could grow further if crypto-friendly policies are implemented.
While some speculators expect Bitcoinâs price to continue rising, others warn that profit-taking could occur following its 33% increase since the US election on November 5.
Inflation Data and Its Potential Impact
Another factor influencing Bitcoinâs price is the upcoming release of the US Consumer Price Index (CPI), which is closely watched as an indicator of inflation. A lower-than-expected CPI could provide additional momentum for Bitcoin.
Avinash Shekhar, Co-founder and CEO of Pi42, explained, âIf the CPI data shows inflation is decreasing, it could accelerate Bitcoinâs climb towards $100,000, potentially reaching that milestone by March or April next year.â
#BTC #TrumpInPump #AI #BTCBreaks93k #MemecoinWars $BTC
â ïžDisclaimer
The content emphasizes providing valuable information and encourages readers to research before investing, reminding them that they are solely responsible for their crypto transactions and should exercise caution and due diligence.
On Thursday, Bitcoin surpassed the $93,000 mark, continuing its strong upward momentum. This surge is largely attributed to growing optimism about a potentially crypto-friendly regulatory approach from President-elect Donald Trump, as well as expectations that the US Federal Reserve may cut interest rates further. At its peak, Bitcoin touched $93,400 before pulling back slightly to $90,000, with traders keeping a close eye on the path toward $100,000.
Bitcoinâs Recent Rally
Bitcoin's recent rally has been impressive, with the cryptocurrency climbing nearly 6% in the US market. It briefly reached a record high of $93,462 before retreating to $89,974 by Thursday morning in Singapore. By 9:25 AM, Bitcoin was trading around $90,077, giving it a market capitalization of $1.78 trillion.
Market Indicators and Bullish Sentiment
Both technical and fundamental indicators suggest that Bitcoinâs momentum remains strong. The Fear and Greed Index, which gauges market sentiment, is currently showing "Extreme Greed," signaling high confidence among investors.
Edul Patel, CEO of Mudrex, noted that over $850 million in Bitcoin options are positioned at the $100,000 mark, reflecting strong trader belief in Bitcoinâs continued rise. He highlighted that Bitcoin's next resistance level is at $94,200, with key support at $85,500.
Patel commented, âBitcoin has resumed its rally, reaching a new all-time high of $93,400 and stabilizing around $90,000. Technical and fundamental indicators suggest continued strength, with the Fear and Greed Index showing 'Extreme Greed.' The $100,000 level remains a key target, and traders are confident in this rally.â
Trumpâs Pro-Crypto Stance
A key factor driving Bitcoin's recent rise is Donald Trumpâs pro-crypto stance. Trump has expressed interest in creating a more favorable regulatory environment for digital assets, which has fueled optimism among cryptocurrency enthusiasts. Many believe that such policies could make the market more attractive and push Bitcoin closer to the $100,000 mark.
Itâs also reported that between 30% and 40% of Americans now hold some form of cryptocurrency, a number that could grow further if crypto-friendly policies are implemented.
While some speculators expect Bitcoinâs price to continue rising, others warn that profit-taking could occur following its 33% increase since the US election on November 5.
Inflation Data and Its Potential Impact
Another factor influencing Bitcoinâs price is the upcoming release of the US Consumer Price Index (CPI), which is closely watched as an indicator of inflation. A lower-than-expected CPI could provide additional momentum for Bitcoin.
Avinash Shekhar, Co-founder and CEO of Pi42, explained, âIf the CPI data shows inflation is decreasing, it could accelerate Bitcoinâs climb towards $100,000, potentially reaching that milestone by March or April next year.â
#BTC #TrumpInPump #AI #BTCBreaks93k #MemecoinWars $BTC
â ïžDisclaimer
The content emphasizes providing valuable information and encourages readers to research before investing, reminding them that they are solely responsible for their crypto transactions and should exercise caution and due diligence.