🔥Weekly Bitcoin Traders Meeting - October 25, 2024 https:/ | 10xResearch on Binance Square

Trending Articles

Bookmarked and Liked

--

🔥Weekly Bitcoin Traders Meeting - October 25, 2024
https://www.youtube.com/watch?v=fvCd0ld0688 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

67,508

+0.27%

240

0

Replies 0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@10xResearch

Explore More From Creator

Why a Bitcoin Breakout Is Imminent: Key Reasons to Boost Your Confidence 👇1-14) We entered October with a bullish outlook, but, as we had cautioned for the past three months, the first week of the month often brings a market correction. True to form, Bitcoin experienced a sell-off earlier this month. 👇2-14) On October 7, we released an update titled "Doubling Down on Bitcoin’s October Rally as MicroStrategy Shares Could Break Out." With central banks like the Swiss National Bank and Norway’s Sovereign Wealth Fund investing hundreds of millions of dollars in MicroStrategy shares as a proxy for Bitcoin, we anticipated a potential breakout for MicroStrategy. This, in turn, could trigger a "tail-wagging-the-dog" effect, driving Bitcoin’s momentum. 👇3-14) On October 7, MicroStrategy shares were trading at just $177, but they have since climbed to $236, marking a 33% increase. This rally is significantly influencing Bitcoin’s upward momentum. Yesterday's report emphasized Bitcoin’s retest of the crucial $66,500 level—a critical technical marker as it served as the September high and a support level. 👇4-14) Join our distribution list and read our full report—the link is in the comments section!

--

#Solana Surpasses #Ethereum in Daily Fees – What Are the Smart Trades? 👇1-12) A series of overly academic articles from Ethereum founder Vitalik Buterin, combined with declining revenues, has contributed to Ether's price correction amid resurfacing macroeconomic challenges. Key shifts are taking place across various blockchains, highlighted by changes in fee generation. If these trends continue, they could reveal intriguing trading opportunities for those closely analyzing the evolving landscape. 👇2-12) Bitcoin has retraced to the level where prices initially broke above the downtrend line that has been in place since early March. This line has been tested six times, and based on the technical indicators at the time, it seemed reasonable to expect a sustainable breakout. Despite the significant resistance around the $69,000/$70,000 range, which has capped rallies six times and most recently rejected Bitcoin a seventh time, the overall setup remains encouraging. 👇3-12) Full report, including our analysis on Solana and Ethereum in the report - link in the comments section -> #JUPITER #ENAUSDT🚨 #ETH🔥🔥🔥🔥 #SolanaUSTD #btc70k

--

#Bitcoin Falls Short of $70,000: Cause for Concern or Just a Pause? Analyzing the Market Pulse 👇1-12) At 10x Research, we've successfully anticipated several primary market moves this year. We accurately called the January correction and the subsequent rally towards $70,000, where we warned of a pullback to $50,000 before turning more strategically bullish in September, forecasting a Q4 breakout. Additionally, we were the first to highlight that Q1 Bitcoin ETF buying was primarily driven by hedge funds arbitraging the funding rate rather than long-only buying. 👇2-12) We also stayed ahead of the market by identifying declining #Ethereum revenues, which led to a 30% drop in Ether prices. However, we didn’t get everything right. We predicted Bitcoin miners would liquidate their inventories, exerting downward pressure on #BTC prices. While prices did fall, it wasn’t due to miner liquidations. Predicting the performance of Bitcoin mining stocks is one of the most challenging market calls, as Bitcoin's price and other factors influence their returns. 👇3-10) Since the #FOMC meeting, Bitcoin has surged 18%, driven by #Powell’s confirmation that the Fed would continue cutting interest rates. While this signaled bullish momentum, we advised investors to watch the 10-year yield closely. Trump’s increasing election odds could force the Fed to pause its rate cuts earlier than expected in response to his pro-growth policies. Though the market still anticipates rate cuts in November or December, rising bond yields are shifting the focus toward inflation, especially as countries may need to adopt pro-domestic growth strategies if global trade becomes constrained by #Trump’s tariff policies. 👇 4-10) Read our full report, link in the comments section.

--

Despite $12 Billion Of Shorts Placed Against #Crypto Firms - Some #Bitcoin Miners Are Attractive. 👇1-12) At 10x Research, we've successfully anticipated several primary market moves this year. We accurately called the January correction and the subsequent rally towards $70,000, where we warned of a pullback to $50,000 before turning more strategically bullish in September, forecasting a Q4 breakout. Additionally, we were the first to highlight that Q1 Bitcoin ETF buying was primarily driven by hedge funds arbitraging the funding rate rather than long-only buying. 👇2-12) We also stayed ahead of the market by identifying declining Ethereum revenues, which led to a 30% drop in Ether prices. However, we didn’t get everything right. We predicted Bitcoin miners would liquidate their inventories, exerting downward pressure on BTC prices. While prices did fall, it wasn’t due to miner liquidations. Predicting the performance of Bitcoin mining stocks is one of the most challenging market calls, as Bitcoin's price and other factors influence their returns. 👇3-12) Link to our full report in the comments section ->

--

🔥 #Bitcoin / #Crypto - Weekly Recap, Week Ahead Oct 21, 2024 - watch the video: https://youtu.be/iZqWwdUmXlA Today, we’ll discuss: Ethena SEC Approves BTC Options Ethereum Dogecoin Worldcoin ECB Cuts Interest Rates SPX6900 Memecoin ApeCoin Cosmoverse Conference Mantle Weekly token unlocks US stock buybacks Youtube: @10xResearch

--

Latest News

BNB Drops Below 590 USDT with a 0.24% Decrease in 24 Hours

--

Bitcoin Market Dominance Reaches New High

--

Base Protocol Head Responds to Meme Community Queries

--

Weekly Market Highlights - Stripe makes a US$1.1B bet on stablecoins

--

Homeowner's Crypto Scam Claim Denied by U.S. Appeals Court

--

Trending Articles

$NEIRO $NEIRO $NEIRO

How I Made My First 2 Million from Crypt

BRICS and the XRP Ledger: Facts and Speculations!

The Fed's Game and the End of the Dollar

Crypto Revolution Masters

How many real active users are there in the cryptocurrency world at present?

Cookie Preferences

ba-one-trust-cookie