Bitcoin Market Update: Positive Developments Continue

BTC rises above $64,000: SEC’s approval of BlackRock ETF options plays a key role 📈💼
China's Central Bank injects $140 billion in liquidity: Positive for risky assets 💉💰

Market Indicators:
Open positions on Binance futures rise to 89,000 BTC: Growing interest 👀📈
CryptoQuant: Increase in coin movements across various age bands 🔄🚀
US Dollar Index (DXY) in decline: Potential catalyst for Bitcoin 📉

Trader Behavior:
Short positions and short selling continue 🐻
Majority of leveraged trades are in long positions 🐂
Caution: Risk of liquidation around $62,000 ⚠️

Technical Outlook:
Biyond Vanguard: Daily buy signal ✅
Expectation: Buy signals on both 3-day and weekly charts 🔮

Conclusion: The market is positive, but volatility may persist. $65,000+ is critical 🎯👀

#Bitcoin❗ #CryptoAnalysisUpdate #MarketUpdate #HODLHODL 💎🙌

📊 Bitcoin Quick Take: Key Levels and Market Sentiment

BTC pulled back to $63,000, a crucial defense zone for bulls 🛡️
Pullback reasons: Friday options activity, leveraged traders shakeout 📉🔄

Bullish signals remain strong:
Michael Saylor: Major US banks might soon custody Bitcoin 🏦
Forbes: BlackRock quietly buying BTC, preparing for USD decline 🐋
Big players potentially using media to support their positions 📰

Technical Outlook:
Need a new higher high above $65,000 for significant breakout 📈
If $65,000 becomes support, next target: $68,000 🎯

Key Point: Bitcoin price action suggests higher moves, conditions ripe for a pump 🚀

Remember: $65,000 break would confirm recovery from $52,500 swing low 💪

#bitcoin☀️ #CryptoAnalysisUpdate #BullishMomentum #HODLHODL 💎

📈 US stock futures did not tank as feared, allowing Bitcoin to survive Monday's crash so far.

🇨🇳 However, plunging Chinese PPI data and commodities warnings of $60 oil raise economic concerns.

🌍 More focus on the global economy, especially China, as media narrative on its slowdown builds.

🤔 This could be a double-edged sword for Bitcoin - initial fears may drag stocks and risk assets lower, but major China stimulus could boost BTC.

📉 Bitcoin's $54,866 weekly close was neither convincing nor bullish. Williams Alligator's first weekly sell signal since April 2022 is alarming.

⚠️ Combined with Vanguard indicator, there are no immediate recovery reasons barring positive crypto news.

😨 Bitcoin Crypto Fear & Greed Index back to multi-year lows, as is the trading-specific index.

💹 Liquidation and leverage data suggest a short-term bounce to $59,000 is possible.

👀 Technically bearish, but a short-term rebound can't be ruled out. CPI data and stock market moves may determine Bitcoin's next direction.

What's your outlook on Bitcoin's near-term price action?

#Bitcoin❗ #CryptoMarketWatch #EconomicOutlook

#BiyondDaily - New Short-Term Highs Required

📈 Bitcoin rebounded on positive jobs data, but Friday's payroll report remains crucial.

🏦 Goldman Sachs warns of sharp stock market drop if the report is negative.

📊 Short-term technicals still weak, rallies being sold.

💬 BTC and ETH discussions declining, while AI and memecoins gain traction.

🐳 Rumors of whales instigating altcoin sell-offs.

📉 Daily Active Address Activity at 3-year low.

👀 Private sector jobs report due today, could move markets.

🔑 Monthly pivot point at $57,870, crucial for potential $60,000 push.

💼 Short positions opened near lows, increasing short squeeze potential.

Given these factors, what's your take on Bitcoin's short-term outlook?

#bitcoin☀️ #CryptoAnalysisUpdate #MarketOutlook #GoldManSachs

#BiyondDaily : Social FUD
📈 Bitcoin shows slight recovery after dipping below monthly pivot point yesterday.

🛑 Selling lacked momentum to trigger more sell signals across technical and AI indicators.

💬 Social media discussions focused on miner challenges, potential price drops, and whale inactivity.

📊 Cryptoquant data shows short-term Sharpe ratio mirroring Sept-Oct 2023 levels, hinting at possible recovery.

🎯 Technically, Bitcoin needs to surpass $62,000 for safety. De-Mark indicator points to $61,000 as bull trigger.

💥 Liquidation heatmap shows short liquidations clustered around $61,300-$62,000 and $64,600.

📅 September historically volatile for Bitcoin; this week's moves relatively small in broader context.

🏦 Bitfinex Alpha research suggests Bitcoin might react bearishly to upcoming Fed rate reduction.

👀 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

📉 Bitcoin under pressure at start of trading week, weakening below monthly pivot point.

🗳️ Kamala Harris' poll lead over Trump not helping Bitcoin sentiment.

📊 Technical indicators flashing sell signals:
Williams Alligator weekly close to bearish signal
Ethereum also issuing weekly sell signal
Biyond's Vanguard indicator turned red on weekly chart

⚠️ Breach of $57,000 support could see Bitcoin tumble to at least $55,000.

💹 Closing above $57,870 could open path to $60,000 retest.

🤔 Bitcoin often rebounds when sentiment is darkest, but Vanguard signal shouldn't be ignored.

#kamalaHarris #WilliamsAlligator #BTCanalysis #BiyondDaily

📉 Bitcoin dipped Tuesday, erasing last week's gains. U.S. bond yields rose on soft data, hurting market sentiment.

🐳 Massive whale alert: 30,000 BTC ($1.88B) transferred to Binance, triggering sell-off fears.

📊 Major spike in Token Age Consumed - one of the largest this year, suggesting a potential $5,000 move.

💥 Liquidation data shows $60,000 as near-term worst-case target. Leveraged longs declining.

🔮 Strong case for $60,000 support holding, with potential rebound towards $70,000 range high.

💰 Billions in liquidations above $70,000 could attract price movement.

👀 Current dip may be approaching its lowest point this week.

What's your view? Will $60,000 hold as support, or are we in for more volatility?

#bitcoin☀️ #CryptoMarketAlert #whalealerts

Biyond Daily: Now Holding Support
📊 BTC struggling to maintain Friday's momentum due to Israel-Lebanon tensions.
🎢 Double rejection at $65K suggests possible $62.8K retest this week.
⚠️ Heavy liquidations possible down to $62.2K - technically concerning.
📈 Positive signs: Global BTC ETF net flows turning positive, slowing GBTC outflows.
💰 FTX's $12.7B Q4 cash redistribution could boost crypto.
🗓️ Seasonal factors: October historically strong for BTC, pre-election positivity possible.
📈 Demark indicator: Daily closes above $64K could signal moves to $69K, then $78K.
👀 Key level: $63.5K. Closes above $64K may continue upward squeeze, trapping bears.

What's your take on these market dynamics? Will BTC hold support or retest lower levels?

#bitcoin☀️ #CryptoMarketTrend #TradingAnalysis

🔔 Bitcoin traders eye Jackson Hole meeting, especially Powell's speech on rates.

⚠️ High leverage longs at $61K on Binance - potential red flag.

💥 Possible heavy liquidations around $59K-$58K could push BTC back to $55K-$54.5K range.

🚀 $62.8K is critical; could open path to $67K.

💼 BTC OTC desk balances at 2-year high - possible sell pressure incoming.

📈 $64K-$66K range could bring short-term holders to profitability.

👀 Key scenarios: Break above $62K-$62.8K or retreat to $55K-$54.5K.

Hopes high for Powell's speech to energize the crypto market. Which scenario do you think will play out?

📊 Global PMI data crucial today; strong numbers needed to calm markets and set tone for Powell's Jackson Hole speech on potential rate cuts.

🔄 Mt.Gox BTC movements to exchanges adding pressure. Key support level to watch: $45,000-$44,500. This could determine BTC's next big move: $45K or $80K.

⚠️ CryptoQuant warns of potential "death-cross" in MVRV Ratio Momentum indicator. Last occurrence preceded a bear market.

💱 USD weakening against major currencies; EURUSD at one-year high. Factors: debt, political uncertainty, pending rate changes, NFP job report revisions.

👀 Watch today's data closely. $55,000-$54,500 level best avoided for BTC.

Remember to verify this information, as market conditions can change rapidly. What are your thoughts on these developments?

#CryptoDecision #bitcoin☀️ #marketanalysis

BTC back to $59K after 12K Mt.Gox BTC moved. Stocks stagnant, USD index broke lower, but Mt.Gox fears overshadowed. Leverage longs stacked at $61K resistance. Traders still majority long, risking $57K-$55K. FOMC, Jackson Hole this week. Crypto Fear/Greed low, but BTC vulnerable. Need $62.7K break. #bitcoin☀️ #FearNGreed #FOMCForecast

BTC nears $61K. US indices up. Norway fund increases BTC exposure. China unbanning rumors. USD index weak. CryptoQuant: Investors taking risks, spot to futures flow. Whales added 100K BTC in 6 weeks. Leverage data shows long bias. Retail entry could boost market. Target $67K. #bitcoin☀️ #BiyondDaily #targeting

BTC rejected at $60K, mid-range. Gold ATH, stocks positive. Risk of $57K break. 75% BTC hodled 6mo, limiting upside. 80% short-term holders underwater. $9B shorts near $68K. Funding rates low. Leveraged traders net short. $57K key liquidation zone. Watch mining stocks. Post-Thursday action key. #bitcoin☀️ #GOLD_UPDATE #fundingrate

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

BTC at weekly low ~$57K, Mt.Gox & GBTC outflows impact. $1.86B options expiring today. Stock market strong. 2016 cycle comparison hopeful. Watching CoT report for pro trader positions. Short positions opened at lows, hinting recovery. $62K-$64K liquidation zone. Long/Short ratio high at 2.5:1. #bitcoin☀️

BTC drops post-CPI despite rate cut expectations. Sell orders defend $61.5K-$62.5K. ETF outflows & Mt.Gox impact ongoing. US gov't moved $594M BTC, sparking sell-off fears. $22.26M longs liquidated. $57K-$57.3K crucial support. USDT & USDC issuance up, hinting institutional interest.
#etfflows #CPIInsights #SupportZone

BTC rebounds to $61K on low PPI, ETF inflows & positive markets. Mt.Gox transfers didn't dent rise. CPI crucial for momentum. $62.7K close ideal. Retail bears increasing. 18.5K long-dormant BTC moved. Hayes predicts US Treasury liquidity boost & China stimulus. #bitcoin☀️ #CryptoNewss #PPIData #ETFNewsUpdate

🚨 Bitcoin is in a holding pattern ahead of today's PPI report, with markets on edge due to Iran-Israel tensions and high commodity net shorts. 📉 A drop below $57K could trigger a fall to $55K. BTC needs to close above $62,100 to avoid losing momentum before the election. 🔍 #bitcoin☀️ #CryptoNewss #PPIData #MarketWatch2024

#Bitcoin dips back to $58k after Long liquidations Strong weekly gains met expected correction. Inflation & geopolitical tensions raise market caution. Bulls need to hold $57k for a shot at $62k this week. Whales sending mixed signals.

#CryptoNewss #BTC☀ #Whaletraders