#BinanceLaunchpoolCATI Hurry up! Guys Don't miss a chance | Dangersunny on Binance Square

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#BinanceLaunchpoolCATI 
Hurry up! Guys 
Don't miss a chance
Lock your coin BNB, FDUSD.
Few time left 

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#BTCReboundsAfterFOMC Bitcoin is pinned below $65K but several market structure-altering factors are at play Bitcoin must overcome resistance in the $64,000 to $66,000 zone before a new set of growth catalysts initiate the path to six-figure BTC price territory. $BTC This week was a real belt-buster on so many levels. Federal Reserve Chair Jerome Powell finally gave a portion of the market what it wanted by tossing out a 50 basis point interest rate cut. The S&P 500 hit another all-time high and gold remains in up-only mode. In response to the policy shift and other factors, Bitcoin BTC$63,131 broke out and found strength up to $64,133. Even with the long-awaited Fed policy shift confirmed, Bitcoin’s day-to-day price action has yet to deviate from its six-month norm. As mentioned in previous weeks, the Bitcoin chart shows a structurally ordered downtrend. On the higher timeframe, price is making weekly lower highs, and futures-driven liquidations drive the price action. Even the Sept. 18 to Sept. 20 move to the range highs is within the boundaries of the current six-month range. At the time of writing, BTC price can be observed peeling back from resistance at the previous (Aug. 24) breakout high at $65,000 which also lines up with the 200-day moving average. If the weekly candle closes below this level, then the pattern of weekly lower highs is still in play. A natural outcome of a breakout like the one seen this week would be for price to retest underlying support near the 20-day moving average ($60,000 to $58,500 range), especially if traders fail to follow through on the current breakout with sustained spot volumes. During the last 6-months, spot volumes have been relatively flat, while a majority of Bitcoin’s price action has been driven by futures liquidations and options market activity.

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#Token2049 Fed rate cuts may be politically motivated and will increase inflation. Arthur Hayes The former BitMEX boss said the Fed has acted in the interests of presidential candidate Kamala Harris. Arthur Hayes, co-founder of BitMEX, thinks that the only reason behind the Federal Reserve’s recent downgrade of interest rates is political and that it will have an effect on markets and inflation. In an interview with Cointelegraph during Token2049, which took place in Singapore on September 18th, Hayes shared his thoughts about what could have motivated this action by The Fed speculating that it might be some campaign support for the Democratic Party: “I am looking at it from a macro view that Jerome Powell [the chairman] and Janet Yellen [who is the Treasury secretary] want to pump up financial markets so that Kamala Harris can win the nomination.” The Federal Reserve lowered its interest rate by 50 points on the eighteenth day of September, something that had been expected by investors and professionals in the sector. This will have huge effects on conventional and cryptocurrency markets, with a lasting impact on inflation and economic stability. He noted a divergence between the rate cut and current economic indicators, saying that if the United States continues experiencing robust gross domestic product growth despite huge unemployment by historical standards, no one would decrease short-term interest rates. He explained that making borrowing easier for the government was inconsistent with fears of irresponsible government spending: “I think they are trying to drive market prices up further, to take them into November’s ballot box in a richer condition, and then the inflation is going to take off.” $BTC $

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#BinanceLaunchpoolHMSTR Currently, on Sep 17, 2024, Hamster Kombat (HMSTR) trades at about $0.119. At present, it has faced a lot of fluctuations, moving between a low cycle of $0.047 and a high cycle of $0.121. #NeiroOnBinance FOMC In the past month alone, HMSTR has dropped almost 65%, reflecting present bearishness in the market, where the Fear & Greed Index stands at 33 (showing that there is fear currently). Nonetheless, longer-term price predictions for Hamster Kombat tend to be mildly optimistic, with estimates indicating that it can get to as high as $0.35 to $0.45 by the end of the year 2024 depending on the growth of users and sentiments in the entire cryptocurrency industry.

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#FOMC #CPI_BTC_Watch #NeiroOnBinance Bitcoin price analysis Bitcoin has pulled back below the 20-day EMA ($58,338) on Sept. 16, indicating that the bears are applying pressure. BTC/USDT daily chart. Source: TradingView If the price turns up from the current levels, the bulls will make one more attempt to drive the BTC/USDT pair above $61,200. If they succeed, the pair could start a rally to $65,000. A break and close above $65,000 will negate the lower highs formation on the pair, which is a positive sign. Conversely, a close below the 20-day EMA could tug the price to the vital support zone between $55,724 and $52,550.

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Meme Coin News: Binance Lists Neiro, Turbo, and Baby DogeCoin #NeiroOnBinance Binance has listed three meme coins today, and their prices spiked. Meanwhile, Justin Sun announced an ‘exciting week for Tron memes,’ while Pump. Fun surpassed 2 million coins & $100 million in revenue. Major crypto exchange Binance has announced the listing of three meme coins: Neiro, Turbo, and Baby DogeCoin $SOL As we’ve seen above, these coins have performed very well over the past 24 hours despite the overall market drop. The trio has significantly outperformed the rest of the meme coin market.

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