Analysts at Bitfinex highlight the importance of Bitcoin surpassing the August high of $65,200 to invalidate a bearish pattern. Although Bitcoin has risen 16% from lows under $54,000, a confirmed bullish trend requires breaking $65,200. Factors like a Fed rate cut and China's stimulus support this move, yet caution is advised due to a slowdown in spot market buying indicating possible consolidation. A new trading range may form near current prices until substantial market activity resumes. #bitcoin☀️ $BTC $ETH $BNB
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Bitcoin: Buying Reaction May Continue, $61K Becomes the Next Focus
Bitcoin's rebound is facing resistance at $59,000, but it could rise to $65,000 if it breaks above this level.The key support at $55,800 is crucial; a drop below it could lead to further declines.Watch for volatility influenced by macroeconomic data amid speculation about interest rate cuts. The recent downtrend in Bitcoin seems to be slowing as demand increases this week. The cryptocurrency has tested support at the lower boundary of its declining channel for the fourth time since March. Althou
Dogecoin’s next rally – DOGE whales will have their say and that means…
Dogecoin's recent price action has seen lower lows, impacting confidence in the popular memecoin. Despite this, the coin has shown signs of bullish recovery, with indicators like Money Flow and RSI suggesting accumulation. Whale investors have been accumulating Dogecoin, as reflected in large holder flows. Net long positions also point to a bullish sentiment prevailing, potentially leading to a significant rally soon.
11 Richest Crypto Billionaires: How You Can Join Them and Make a Fortune
In the world of cryptocurrency, fortunes can quickly change. Some of the world's richest crypto billionaires helped build the blockchain world at the dawn of the industry. Others are new arrivals.
2 No-Brainer Billionaire-Owned Cryptocurrencies to Buy Right Now
The price of Bitcoin (BTC) is on the rise again - although, as always, it depends on what time frame you're talking about. Over the past 12 months, its price has surged more than 125%. Yet during the past six months, the price has pulled back by roughly 15%. $BTC
BNB Surpasses 550 USDT with a 0.77% Increase in 24 Hours
As of Sep 13, 2024, 1:44 PM(UTC). According to Binance Market Data, BNB has surpassed the 550 USDT benchmark and is now trading at 550 USDT, with a slight increase of 0.77% in 24 hours.