BiyondDaily
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Bitcoin's short-term volatility persists, but buy demand prevails on dips ahead of options expiration. Spot ETF inflows at $90M support rebound. Unlikely for significant BTC drop without major U.S. economic data downturn. Options expiring at $1.51B today, max pain at $69K. Ethereum faces similar with 227,785 ETH options expiring, max pain at $3,425. Spot trade volume akin to 2020-2021 peak, cooling to $7B/day. Long Vs Short ratio dips. Halving in a week, BTC likely to stay strong above $69K. #BTC #BiyondDaily #Halving_update #LongShortRatio #BitcoinHalvingEffect
Despite a slight dip, #BTC holds strong above $69,000 after historic monthly close! Leveraged Longs surge post-close, indicating a shakeout of weaker hands. Long/Short ratio remains stable, suggesting short-lived drop. $69K-$73.8K range crucial this week. #BiyondDaily
#Bitcoin struggles to break above 50-day moving avg, dampening short-term bullish sentiment. CoinShares data shows $206M outflow, driven by Fed rate expectations. Mt. Gox creditors receive info, no imminent dump. BTC eyes $120K if holds above $59K. #BiyondDaily #Coinshares #FedRates
#BiyondDaily —ïž
1ïžâŁBitcoin returns to the danger zone after Chair Powell remarks on the economy's strength and dismisses fears of rate hikes.
2ïžâŁStandard Chartered bank predicts Bitcoin to decline to $52,000-$50,000 due to negative ETF flows and tightening liquidity.
3ïžâŁDespite the pullback, analysts view it as temporary within a strong uptrend, with $52,000 being a crucial technical support level.
4ïžâŁLiquidation Heat Map identifies $52,000 as a critical level to monitor if $55,000 is breached.
5ïžâŁBitcoin ETFs experienced a significant net outflow of $563.7 million, the largest since their trading began, with around half now in negative territory.
#Bitcoinâïž #FederalReserve #liquidity #ETFâ
1ïžâŁBitcoin returns to the danger zone after Chair Powell remarks on the economy's strength and dismisses fears of rate hikes.
2ïžâŁStandard Chartered bank predicts Bitcoin to decline to $52,000-$50,000 due to negative ETF flows and tightening liquidity.
3ïžâŁDespite the pullback, analysts view it as temporary within a strong uptrend, with $52,000 being a crucial technical support level.
4ïžâŁLiquidation Heat Map identifies $52,000 as a critical level to monitor if $55,000 is breached.
5ïžâŁBitcoin ETFs experienced a significant net outflow of $563.7 million, the largest since their trading began, with around half now in negative territory.
#Bitcoinâïž #FederalReserve #liquidity #ETFâ
Bitcoin dips near $69,300 ahead of U.S. inflation data, triggering Short liquidations $70K-$72K. Longs liquidated near $72K. Inside symmetrical triangle pattern, with support at $63,300. Negative divergence towards $66K. Social sentiment bearish. New Leveraged Shorts emerging. Liquidations at $71K, $76K significant. Eyes on $68K today. #BTC #Inflationdata #liquadation #BiyondDaily
đ #Bitcoin faces pressure amidst wider crypto sell-off post-Samourai founders' charges. Market volatility spikes pre-U.S. data dump. Weighted Social Sentiment and Vanguard signals add to caution. Arthur Hayes advocates aggressive investment amid decline, eyes $120K target. #BiyondDaily #SentimentAnalysis #ArthurHayes
Bitcoin is on the rise ahead of Trump's Nashville speech! đ A rally of $2k-$10k is possible depending on his announcements. RFK Jr.'s BTC-backed fiat plans add more fuel. Biyond indicators show a strong buy signal. Watch out for potential short squeezes this weekend!
#CryptoNewsCommunity #BTCâ #TrumpCryptoSupport #RFKJr #BiyondDaily
#CryptoNewsCommunity #BTCâ #TrumpCryptoSupport #RFKJr #BiyondDaily
Bitcoin bulls are holding $50K, with yesterday's daily candle suggesting a reversal. Bulls need daily closes above $58,200, ideally $62,000. Fear & Greed Index at 17, signaling a potential bottom. Watch for a rally if support holds. Closes below $52,500 are a red flag. đđ #bitcoinâïž #CryptoDecision #Marketupdates #BiyondDaily
BTC above $59K, eyeing $62K. Harris polls not impacting sentiment. Binance Funding Rate at YTD high. CoT report positive: Pro traders retain longs, zero new shorts. Institutions increased longs. Leveraged traders net short. Long/Short ratio down to 1.5:1. $62.7K monthly pivot.
#Elections2024 #BiyondDaily #Longs&Shorts
#Elections2024 #BiyondDaily #Longs&Shorts
Bitcoin and other cryptos dip below July lows amid global market turmoil. Soft US jobs report and Genesis's $1.5B BTC/ETH move trigger volatility. Eyes on Bitcoin ETFs and key support levels: $50K, $33K. Bull cycle low around $33K, high near $100K? đđ #bitcoinâïž #cryptupdates #Market_Update #BiyondDaily
Bitcoin dips despite Chair Powell's optimistic rate cut hints. Middle-East fears, U.S. Government sales, and Mt.Gox impact likely factors. Positive sentiment spike and leveraged traders wiped out. Testing monthly pivot at $62,700. Key support at $60K-$57K. #bitcoinâïž #CryptoNews! #BiyondDaily #PowellSpeech
#BiyondDaily —ïž
1ïžâŁBitcoin is in recovery mode ahead of key U.S. NFP jobs and ISM manufacturing reports, along with an options expiration event.
2ïžâŁSpot ETFs on Wall Street saw outflows, but the Hong Kong Bitcoin ETF experienced significant net inflows.
3ïžâŁBill Gross predicts a return to five percent in the 10-year bond market, potentially impacting crypto in the short term.
4ïžâŁArthur Hayes believes Bitcoin's bottom is in, anticipating a slow grind higher, emphasizing the importance of the $59,000 to $58,000 price zone.
5ïžâŁThe Long Vs Short ratio has dropped to 2:1, indicating traders are still overly long, possibly leading to liquidations on recovery.
6ïžâŁThe 90-day MVRV ratio is about -8 percent, historically hitting -20 to -25 percent during significant pullbacks.
7ïžâŁSignal entries may be raised if $58,000 holds, with a potential target of $120,000.
#Bitcoinâïž #ETFsâ #ArthurHayes #MVRV
1ïžâŁBitcoin is in recovery mode ahead of key U.S. NFP jobs and ISM manufacturing reports, along with an options expiration event.
2ïžâŁSpot ETFs on Wall Street saw outflows, but the Hong Kong Bitcoin ETF experienced significant net inflows.
3ïžâŁBill Gross predicts a return to five percent in the 10-year bond market, potentially impacting crypto in the short term.
4ïžâŁArthur Hayes believes Bitcoin's bottom is in, anticipating a slow grind higher, emphasizing the importance of the $59,000 to $58,000 price zone.
5ïžâŁThe Long Vs Short ratio has dropped to 2:1, indicating traders are still overly long, possibly leading to liquidations on recovery.
6ïžâŁThe 90-day MVRV ratio is about -8 percent, historically hitting -20 to -25 percent during significant pullbacks.
7ïžâŁSignal entries may be raised if $58,000 holds, with a potential target of $120,000.
#Bitcoinâïž #ETFsâ #ArthurHayes #MVRV
#BiyondDaily : Social FUD
đ Bitcoin shows slight recovery after dipping below monthly pivot point yesterday.
đ Selling lacked momentum to trigger more sell signals across technical and AI indicators.
đŹ Social media discussions focused on miner challenges, potential price drops, and whale inactivity.
đ Cryptoquant data shows short-term Sharpe ratio mirroring Sept-Oct 2023 levels, hinting at possible recovery.
đŻ Technically, Bitcoin needs to surpass $62,000 for safety. De-Mark indicator points to $61,000 as bull trigger.
đ„ Liquidation heatmap shows short liquidations clustered around $61,300-$62,000 and $64,600.
đ September historically volatile for Bitcoin; this week's moves relatively small in broader context.
đŠ Bitfinex Alpha research suggests Bitcoin might react bearishly to upcoming Fed rate reduction.
đ Hoping for a move above $62,000 before payrolls and some crypto-specific positive news.
What's your take on Bitcoin's path through this challenging period?
#CryptoAnalysisUpdate #MarketOutlook #LiquidationHeatmap #sharpe
đ Bitcoin shows slight recovery after dipping below monthly pivot point yesterday.
đ Selling lacked momentum to trigger more sell signals across technical and AI indicators.
đŹ Social media discussions focused on miner challenges, potential price drops, and whale inactivity.
đ Cryptoquant data shows short-term Sharpe ratio mirroring Sept-Oct 2023 levels, hinting at possible recovery.
đŻ Technically, Bitcoin needs to surpass $62,000 for safety. De-Mark indicator points to $61,000 as bull trigger.
đ„ Liquidation heatmap shows short liquidations clustered around $61,300-$62,000 and $64,600.
đ September historically volatile for Bitcoin; this week's moves relatively small in broader context.
đŠ Bitfinex Alpha research suggests Bitcoin might react bearishly to upcoming Fed rate reduction.
đ Hoping for a move above $62,000 before payrolls and some crypto-specific positive news.
What's your take on Bitcoin's path through this challenging period?
#CryptoAnalysisUpdate #MarketOutlook #LiquidationHeatmap #sharpe
đ Bitcoin is rising again after a dip to $55K due to U.S. market turbulence. Keep an eye on today's U.S. jobless claims for key insights! đđŒ Ripple (XRP) is rebounding and Solano shows promising signs. Watch for a potential dip to $49K before a true buy signal! đđ #bitcoinâïž #Rippleđ° #Solano #TradingMadeEasy #BiyondDaily
#BiyondDaily - Looking Bullish —ïž
1ïžâŁBitcoin rises following a worse-than-expected U.S. jobs report, increasing the likelihood of a rate cut.
2ïžâŁMarket sentiment and Bitcoin prices are influenced by movements in the bond market, particularly the dip in the 10-year bond.
3ïžâŁThe SEC announces a delay in its decision on the proposed 7RCC Spot Bitcoin and Carbon Credit Futures ETF until June 2024.
4ïžâŁConsidering the recent developments, it may be a good time to consider buying Bitcoin, possibly on a retest of the $60,000 area next week.
5ïžâŁThe $59,000 to $58,000 region is crucial; if it holds after an initial test and breach, it could indicate a bottom.
6ïžâŁA large negative bias and short trap could be building based on the Long Vs Short ratio.
7ïžâŁA daily candle consistently closing below $58,000 could invalidate the bullish scenario, while surpassing $65,000 could pave the way for a move towards $100,000.
#marketanalysis #ETFâ #tradingStrategy #carboncredits
1ïžâŁBitcoin rises following a worse-than-expected U.S. jobs report, increasing the likelihood of a rate cut.
2ïžâŁMarket sentiment and Bitcoin prices are influenced by movements in the bond market, particularly the dip in the 10-year bond.
3ïžâŁThe SEC announces a delay in its decision on the proposed 7RCC Spot Bitcoin and Carbon Credit Futures ETF until June 2024.
4ïžâŁConsidering the recent developments, it may be a good time to consider buying Bitcoin, possibly on a retest of the $60,000 area next week.
5ïžâŁThe $59,000 to $58,000 region is crucial; if it holds after an initial test and breach, it could indicate a bottom.
6ïžâŁA large negative bias and short trap could be building based on the Long Vs Short ratio.
7ïžâŁA daily candle consistently closing below $58,000 could invalidate the bullish scenario, while surpassing $65,000 could pave the way for a move towards $100,000.
#marketanalysis #ETFâ #tradingStrategy #carboncredits
đ Bitcoin slips as Fed Chair Powell maintains cautious stance on rate hikes, coupled with stronger US jobs data. Slip below $66K signals potential retest of weekly low. Long/Short ratio favors bulls, but liquidations spike at $44,200. $68-70K faces sell-side pressure. #BTC #BiyondDaily #FedDecision
#BiyondDaily - New Short-Term Highs Required
đ Bitcoin rebounded on positive jobs data, but Friday's payroll report remains crucial.
đŠ Goldman Sachs warns of sharp stock market drop if the report is negative.
đ Short-term technicals still weak, rallies being sold.
đŹ BTC and ETH discussions declining, while AI and memecoins gain traction.
đł Rumors of whales instigating altcoin sell-offs.
đ Daily Active Address Activity at 3-year low.
đ Private sector jobs report due today, could move markets.
đ Monthly pivot point at $57,870, crucial for potential $60,000 push.
đŒ Short positions opened near lows, increasing short squeeze potential.
Given these factors, what's your take on Bitcoin's short-term outlook?
#bitcoinâïž #CryptoAnalysisUpdate #MarketOutlook #GoldManSachs
đ Bitcoin rebounded on positive jobs data, but Friday's payroll report remains crucial.
đŠ Goldman Sachs warns of sharp stock market drop if the report is negative.
đ Short-term technicals still weak, rallies being sold.
đŹ BTC and ETH discussions declining, while AI and memecoins gain traction.
đł Rumors of whales instigating altcoin sell-offs.
đ Daily Active Address Activity at 3-year low.
đ Private sector jobs report due today, could move markets.
đ Monthly pivot point at $57,870, crucial for potential $60,000 push.
đŒ Short positions opened near lows, increasing short squeeze potential.
Given these factors, what's your take on Bitcoin's short-term outlook?
#bitcoinâïž #CryptoAnalysisUpdate #MarketOutlook #GoldManSachs
Bitcoin tests near ATH at $69,300, faced rejection near $70,000. Leveraged shorts narrowly avoid liquidation above $70K, while longs vulnerable at $66K. Fed admits inflation winning, CPI & PPI data could impact risk-on assets. Profit-taking evident, whale transfers 4,000 BTC. Triangle pattern's breakout awaited. #BTC #BiyondDaily #Inflationrate
đ Bitcoin retreats to $66,000 as strong US data suggests Fed won't cut rates soon, pushing Treasury yields up. đŒ Tomorrow's US jobs data and Chair Powell's speech may drive further movement. Whales selling, Leveraged shorts rising, $66K crucial. #Bitcoin #BTC #BiyondDaily
Bitcoin climbs to $68,000 after Biden's 2024 withdrawal announcement. This rise aligns with bullish signals from Biyond indicators and a high short positioning, suggesting a potential short squeeze. A bullish flag pattern on the Crypto Total Market Cap chart points to a $3.4 trillion market cap. đđ #BidenCryptoCritique #MarketIndicator #BiyondDaily
