BinanceSquareInsight
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Additional positive macroeconomic forces could help Bitcoin in the short term. Namely, the latest Consumer Price Index data, which was released today.
The forecasts put inflation at 3.3% year over year, and the report revealed that inflation came in just under at 3.2%.
Higher interest rates compete with risk assets for investor dollars, so to see inflation numbers come in lower than anticipated could give Bitcoin a boost, though we haven’t seen that manifest just yet.
But looking to the long/short ratio gives us another clue.
The long/short ratio is 48% long to 52% shorts. Since the CPI print came in bullish, there is a strong possibility of a short squeeze upward back to $37,000.
Still, CPI numbers are likely only to move Bitcoin in the short term. Much more significant to price action will be the approval of a spot Bitcoin ETF.
The next application up for approval is Hashdex Bitcoin ETF with a deadline of Nov. 17, followed by Global X Bitcoin Trust with a deadline of Nov. 21.
If either gets approved by next Tuesday, then we’ll likely see Bitcoin continue its industrious uptrend. If not, then we are more likely to see an actual correction as the next opportunity for an ETF approval isn’t until January 2024.
But don’t let the word “correction” get you down. We are officially transitioning into a bull market, which means corrections are buying opportunities.
And not just for Bitcoin!
As BTC trades sideways, certain altcoins will outperform the market significantly. This is the moment where massive profits are possible — when select altcoins are trading near their bear market lows … and have plenty of room before hitting their previous all-time highs!#BTC #CryptoTradingTip #BinanceSquareInsight
The forecasts put inflation at 3.3% year over year, and the report revealed that inflation came in just under at 3.2%.
Higher interest rates compete with risk assets for investor dollars, so to see inflation numbers come in lower than anticipated could give Bitcoin a boost, though we haven’t seen that manifest just yet.
But looking to the long/short ratio gives us another clue.
The long/short ratio is 48% long to 52% shorts. Since the CPI print came in bullish, there is a strong possibility of a short squeeze upward back to $37,000.
Still, CPI numbers are likely only to move Bitcoin in the short term. Much more significant to price action will be the approval of a spot Bitcoin ETF.
The next application up for approval is Hashdex Bitcoin ETF with a deadline of Nov. 17, followed by Global X Bitcoin Trust with a deadline of Nov. 21.
If either gets approved by next Tuesday, then we’ll likely see Bitcoin continue its industrious uptrend. If not, then we are more likely to see an actual correction as the next opportunity for an ETF approval isn’t until January 2024.
But don’t let the word “correction” get you down. We are officially transitioning into a bull market, which means corrections are buying opportunities.
And not just for Bitcoin!
As BTC trades sideways, certain altcoins will outperform the market significantly. This is the moment where massive profits are possible — when select altcoins are trading near their bear market lows … and have plenty of room before hitting their previous all-time highs!#BTC #CryptoTradingTip #BinanceSquareInsight
$SNX
#Snxusdt UPDATE
Recently I posted this coin here in my binance square feed and yeah!!!
Boom! We nailed it again! Our analysis played out perfectly, hitting the target profit spot on! Another bingo in the bag! Shoutout to everyone who rode the wave and cashed in on this call. Let's celebrate the taste of success together!
#crypto2023 #CryptoWhaleWatch #CryptocurrencyForecast #BinanceSquareInsight
#Snxusdt UPDATE
Recently I posted this coin here in my binance square feed and yeah!!!
Boom! We nailed it again! Our analysis played out perfectly, hitting the target profit spot on! Another bingo in the bag! Shoutout to everyone who rode the wave and cashed in on this call. Let's celebrate the taste of success together!
#crypto2023 #CryptoWhaleWatch #CryptocurrencyForecast #BinanceSquareInsight
#ETH #cryptonews #crypto2023 #BinanceSquareInsight
$ETH
🟢 Top Trader Predicts Rallies for Ethereum and One Artificial-Intelligence Coin, Says Altcoins Have Ways To Go
💬 A trader who nailed the top of the 2021 Bitcoin (BTC) bull market believes rallies are in sight for Ethereum (ETH) and one additional altcoin. Pseudonymous analyst Pentoshi tells his 711,700 followers on the social media platform X that Ethereum looks poised to take out a resistance level that has held for over a year.
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$ETH
🟢 Top Trader Predicts Rallies for Ethereum and One Artificial-Intelligence Coin, Says Altcoins Have Ways To Go
💬 A trader who nailed the top of the 2021 Bitcoin (BTC) bull market believes rallies are in sight for Ethereum (ETH) and one additional altcoin. Pseudonymous analyst Pentoshi tells his 711,700 followers on the social media platform X that Ethereum looks poised to take out a resistance level that has held for over a year.
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🚨🚨BREAKING News: The DOJ is to announce the settlement of their case with binance at 3pm EST
#BinanceSquareInsight #BTCETFApproval #dyor
#BinanceSquareInsight #BTCETFApproval #dyor
#BTC AS I TOLD
WAIT FOR MORE PUMP 📉
I'LL UPLOAD NEXT SIGNAL AFTER 50 LIKES ON THIS POST
FOLLOW, LIKE, COMMENT AND SHARE
#Joshi_trader #ETH #BinanceSquareInsight #etf
WAIT FOR MORE PUMP 📉
I'LL UPLOAD NEXT SIGNAL AFTER 50 LIKES ON THIS POST
FOLLOW, LIKE, COMMENT AND SHARE
#Joshi_trader #ETH #BinanceSquareInsight #etf
LIVEJoshi
--
Bullish
#BTC Pump 🚀
#Joshi_trader #WhaleAlert
#Joshi_trader #WhaleAlert
Cryptocurrency stored in old wallets are at risk
Dogecoin, Litecoin, and Zcash wallets could be vulnerable to the attack.Multiple blockchains and projects are also reportedly at risk.While many of the users have been notified of the problem, the security company suggests transferring assets to wallets generated more recently. It states, “If you are an individual who has generated a self-custody wallet using a web browser before 2016, you should consider moving your funds to a more recently created wallet generated by trusted software. #BTC #BinanceSquareInsight #Benzinga does not provide investment advice. All rights reserved.
M3TA Recap: Nov 6 – Nov 12, 2023
Did you think Ethereum would let #Bitcoin fly solo? Not at all! #Ethereum surpassed $2k last week just to prove that the show isn't over.
1️⃣ Top Performers (06/11 - 12/11)
1. ORDI - $ORDI : +196.4%
2. BONK- $BONK: +192%
3. Bancor Network - $BNT: +132.1%
4. Celestia - $TIA: +128.1%
5. Kujira - $KUJI: +106.2%
2️⃣ Top Losers (06/11 - 12/11)
1. Tellor Tributes - $TRB: -29%
2. Gas - $GAS: -26%
3. Polymath - $POLY: -25%
4. Blox - $CDT: -21%
5. Liquity - $LQTY : -15.7%
📖 Substack: https://m3talab.substack.com/p/m3ta-recap-nov-6-nov-12-2023
📗 Original article: https://m3talab.io/post/ether-the-heater
#BinanceSquareInsight #ETH #USDT.
Did you think Ethereum would let #Bitcoin fly solo? Not at all! #Ethereum surpassed $2k last week just to prove that the show isn't over.
1️⃣ Top Performers (06/11 - 12/11)
1. ORDI - $ORDI : +196.4%
2. BONK- $BONK: +192%
3. Bancor Network - $BNT: +132.1%
4. Celestia - $TIA: +128.1%
5. Kujira - $KUJI: +106.2%
2️⃣ Top Losers (06/11 - 12/11)
1. Tellor Tributes - $TRB: -29%
2. Gas - $GAS: -26%
3. Polymath - $POLY: -25%
4. Blox - $CDT: -21%
5. Liquity - $LQTY : -15.7%
📖 Substack: https://m3talab.substack.com/p/m3ta-recap-nov-6-nov-12-2023
📗 Original article: https://m3talab.io/post/ether-the-heater
#BinanceSquareInsight #ETH #USDT.
Onchain data shows there’s a bank-run on #Binance. Users are withdrawing their funds in fears of a liquidity crisis.
$BNB dropped -7% in one hour.
#Binance and its CEO are currently facing legal trouble in the US 🇺🇸, legal settlement includes $4.3B in fines and CEO’s guilty plea.
CZ has already stepped down as CEO.
#cz #BinanceSquareInsight
$BNB dropped -7% in one hour.
#Binance and its CEO are currently facing legal trouble in the US 🇺🇸, legal settlement includes $4.3B in fines and CEO’s guilty plea.
CZ has already stepped down as CEO.
#cz #BinanceSquareInsight
#DOGE #SHIB #CryptoNews🔒📰🚫 #crypto2023 #BinanceSquareInsight
$DOGE $SHIB
🟢 MEME Coin Surges 10% Outperforms Dogecoin, Shiba Inu Amid Airdrop Frenzy
🗨 MEME Coin (CRYPTO: MEME) is up 10% in the last 24 hours, outperforming Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB). What Happened: MEME was trading at $0.22.
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$DOGE $SHIB
🟢 MEME Coin Surges 10% Outperforms Dogecoin, Shiba Inu Amid Airdrop Frenzy
🗨 MEME Coin (CRYPTO: MEME) is up 10% in the last 24 hours, outperforming Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB). What Happened: MEME was trading at $0.22.
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Trading challenge:
Treat trading as a videogame.
1) Trading system = Offensive weapon
2) Risk management = Defensive weapon
3) Emotional control = Ability to use weapons
1) Trading system
- Study charts
- Build edges
- Create rules
- Execute
2) Risk management
- Create plans
- Improve WR and RRR
- Set goals
- Protect your money
3) Emotional control
- Think long term
- Think in probabilities
- Be addicted to repetition
- Protect your trading
Final trading goal:
Win the war of freedom.
#AVAX #Pyth #WhaleAlert
#BinanceSquareInsight
Treat trading as a videogame.
1) Trading system = Offensive weapon
2) Risk management = Defensive weapon
3) Emotional control = Ability to use weapons
1) Trading system
- Study charts
- Build edges
- Create rules
- Execute
2) Risk management
- Create plans
- Improve WR and RRR
- Set goals
- Protect your money
3) Emotional control
- Think long term
- Think in probabilities
- Be addicted to repetition
- Protect your trading
Final trading goal:
Win the war of freedom.
#AVAX #Pyth #WhaleAlert
#BinanceSquareInsight
#BTC #CryptoNews🔒📰🚫 #crypto2023 #BinanceSquareInsight
$BTC
🟢 Bitcoin Mining Revenue Hits Yearly Highs of Over $42.3M
🗣️ On November 9, Bitcoin mining revenue reached a new yearly peak, totaling $42,386,514.038, surpassing the previous high of $41,744,197.067 in May 2023, as per data from Blockchain.com.
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$BTC
🟢 Bitcoin Mining Revenue Hits Yearly Highs of Over $42.3M
🗣️ On November 9, Bitcoin mining revenue reached a new yearly peak, totaling $42,386,514.038, surpassing the previous high of $41,744,197.067 in May 2023, as per data from Blockchain.com.
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“Binance Chronicles: Navigating the Recent Ups and Downs of BTC, ETH, and XRP”
In recent market developments, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have embarked on a rollercoaster journey, showcasing both upward surges and occasional downturns on the Binance exchange.
Bitcoin, the pioneer cryptocurrency, experienced a noteworthy uptrend as it broke through key resistance levels, fueled by increased institutional interest and a growing recognition of its store of value properties. Meanwhile, Ethereum demonstrated resilience amid the ever-expanding decentralized finance (DeFi) landscape, contributing to its upward trajectory.
On the flip side, XRP faced certain challenges, witnessing intermittent downtrends attributed to regulatory uncertainties and ongoing legal battles. Despite occasional setbacks, XRP remains a point of interest for traders and investors awaiting clarity in the regulatory landscape.
As Binance users navigate these market fluctuations, staying informed about the dynamic trends of BTC, ETH, and XRP becomes crucial for making informed decisions in the ever-evolving cryptocurrency landscape. #ETH #BTC #XRP #BinanceSquareInsight $BTC $ETH $XRP
In recent market developments, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have embarked on a rollercoaster journey, showcasing both upward surges and occasional downturns on the Binance exchange.
Bitcoin, the pioneer cryptocurrency, experienced a noteworthy uptrend as it broke through key resistance levels, fueled by increased institutional interest and a growing recognition of its store of value properties. Meanwhile, Ethereum demonstrated resilience amid the ever-expanding decentralized finance (DeFi) landscape, contributing to its upward trajectory.
On the flip side, XRP faced certain challenges, witnessing intermittent downtrends attributed to regulatory uncertainties and ongoing legal battles. Despite occasional setbacks, XRP remains a point of interest for traders and investors awaiting clarity in the regulatory landscape.
As Binance users navigate these market fluctuations, staying informed about the dynamic trends of BTC, ETH, and XRP becomes crucial for making informed decisions in the ever-evolving cryptocurrency landscape. #ETH #BTC #XRP #BinanceSquareInsight $BTC $ETH $XRP
#XRP #CryptoNews🔒📰🚫 #crypto2023A #BinanceSquareInsight
$XRP
🔴 Ripple Price Analysis: Bulls Remains Active Near $0.64
🗣️ Ripple price started a downside correction from the $0.7320 zone against the US dollar. The price is now trading below $0.6650 and the 55 simple moving average (4 hours).
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$XRP
🔴 Ripple Price Analysis: Bulls Remains Active Near $0.64
🗣️ Ripple price started a downside correction from the $0.7320 zone against the US dollar. The price is now trading below $0.6650 and the 55 simple moving average (4 hours).
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❤️ Don't forget to LIKE the post - it's the best support for me
#FilecoinDEXLaunch #BTC #cryptonews #crypto2023 #BinanceSquareInsight
$FIL $BTC
🟢 Filecoin (FIL) Soars 17% as New Breakthrough Looms
💬 Filecoin (FIL) is surprisingly leading the altcoin charge today as the price jumped as high as 17.2% to $5.41, marking one of the coin's most impressive daily surges in the past month. This growth has further extended the positive outlook of Filecoin in the past month, where the coin has soared as high as 32.47%.
🟢 Bitcoin Under Consideration for Hong Kong\'s Investment Immigration Program
💬 Hong Kong has revived its investment immigration scheme with an updated entry threshold of approximately US$3.84 million.
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$FIL $BTC
🟢 Filecoin (FIL) Soars 17% as New Breakthrough Looms
💬 Filecoin (FIL) is surprisingly leading the altcoin charge today as the price jumped as high as 17.2% to $5.41, marking one of the coin's most impressive daily surges in the past month. This growth has further extended the positive outlook of Filecoin in the past month, where the coin has soared as high as 32.47%.
🟢 Bitcoin Under Consideration for Hong Kong\'s Investment Immigration Program
💬 Hong Kong has revived its investment immigration scheme with an updated entry threshold of approximately US$3.84 million.
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❤️ Don't forget to LIKE the post - it's the best support for me
See original
BINANCE EXCHANGE: Focus for Crypto Adoption
With the mission of promoting innovation and achieving global crypto adoption, Binance always puts users at the heart throughout the development process.
Thanks to this, Binance can launch products that are easy to use and have a high level of efficiency. That is:
1) Copy Trading: Analyze historical performance and copy strategies of Top Traders on Binance. Helps investors earn profits safely, effectively and saves time.
2)Square: Social network for sharing, discussing, updating news and trends related to crypto.
3) Web3 Wallet: Binance's Web3 Wallet is the easiest way to participate in Web3, securely and efficiently. Plus, there is the potential for airdrops for wallet users.
#TradeCoinVN #TCVN #Binance #BinanceSquare #BinanceSquareInsight $BNB $BTC
With the mission of promoting innovation and achieving global crypto adoption, Binance always puts users at the heart throughout the development process.
Thanks to this, Binance can launch products that are easy to use and have a high level of efficiency. That is:
1) Copy Trading: Analyze historical performance and copy strategies of Top Traders on Binance. Helps investors earn profits safely, effectively and saves time.
2)Square: Social network for sharing, discussing, updating news and trends related to crypto.
3) Web3 Wallet: Binance's Web3 Wallet is the easiest way to participate in Web3, securely and efficiently. Plus, there is the potential for airdrops for wallet users.
#TradeCoinVN #TCVN #Binance #BinanceSquare #BinanceSquareInsight $BNB $BTC
A Training Prompt Goes A Long Way 💡
Does the clarity of your request improve the AI's response? - Yes, it does!
Your creativity is the only limit to its potential.
📍 Register now with your name and email only: https://m3talab.io/
#BinanceSquareInsight #Ethereum #Chainlink #AI #Web3
Does the clarity of your request improve the AI's response? - Yes, it does!
Your creativity is the only limit to its potential.
📍 Register now with your name and email only: https://m3talab.io/
#BinanceSquareInsight #Ethereum #Chainlink #AI #Web3
#SOL #CryptoNews🔒📰🚫 #crypto2023 #BinanceSquareInsight
$SOL
⚪ Will SOL Price Maintain Bullish Movement As Bulls Display Huge Moves?
💬 Over the weekend, the crypto market has displayed a sideways trend, with top cryptocurrencies recording minor price changes. Bitcoin price falls below the $37,000 mark, with the price of Ethereum hovering close to its important level of $2,000.
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$SOL
⚪ Will SOL Price Maintain Bullish Movement As Bulls Display Huge Moves?
💬 Over the weekend, the crypto market has displayed a sideways trend, with top cryptocurrencies recording minor price changes. Bitcoin price falls below the $37,000 mark, with the price of Ethereum hovering close to its important level of $2,000.
👨👩👧 JOIN me to learn how to EARN with trading and get the FASTEST crypto news
❤️ Don't forget to LIKE the post - it's the best support for me
