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Showing posts with the label Altcoins To Buy

Bitcoin Could Hit $90K, but a Major Test Comes First

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  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/progrouptraders Losing the $75,000 to $76,000 zone could put newer holders under pressure and accelerate even more selling. Bitcoin (BTC) slipped back below $80,000 after testing the level again, with XWIN Japan pointing to profit-taking by existing holders as a major barrier on August 26. The next move may depend less on another brief test of $80,000 and more on whether fresh demand can absorb units being sold by investors sitting on gains. Profit-Taking Puts BTC’s $80K Test Under Pressure XWIN Japan noted that nearly every Bitcoin investor group has returned to profit as the cryptocurrency approached $80,000. Its unrealized PnL reading stood at 21.1 for long-term holders, 13.4 for short-term holders, 13.9 for investors holding for one day to one month, and 5.3 for the newest buyers...

Ethereum Network Booms, but ETH Struggles

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  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/cryptosignalalert Download our free app and receive signals on your mobile – https://play.google.com/store/apps/details?id=com.freecryptosignals.app ETH ended July in the green but it's still 60% away from its ATH. At the same time, the network is performing a lot better. On-chain data shows that the Ethereum blockchain has developed a lot in the past few years, currently processing more activity than ever before. At the same time, the underlying asset has failed to benefit, as it continues to struggle below $2,000. One analyst believes this disconnect has become one of the biggest debates surrounding the altcoin and the network behind it. Ethereum Activity Rockets Aside from the highly anticipated Merge upgrade deployed several years ago, the team behind Ethereum has complet...

Bitcoin Slides to 10-Day Low: What's Next?

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Visit the link and get free insights on the Crypto trading signals, profitable Alt coins and Automated Bot trading – https://telegram.me/binancefuturesignal BTC went down by $4,000 from the local peak at $67,000 charted a week ago. It appears that essentially all relief rallies in the cryptocurrency markets over the past few months have been precisely that, as the firepower is simply not sufficient to provide enough force to change the bearish trend. The latest such example took place at the beginning of the current business week, as bitcoin was rejected after its push to $65,600 and dropped to a ten-day low of $63,000. Here are some of the potential reasons behind this. FOMC Uncertainty Given the timing of this correction, the most obvious first reason appears to be macro, as tomorrow is the next Federal Reserve FOMC meeting. Although the US central bank is widely expected to leave the federal funds rate unchanged at 3.50%-3.75%, this is shaping to be one of the least predictable deci...

WLFI Soars as Bitcoin Consolidates Beneath $66K

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  Explore the provided link to achieve a steady profit in Binance futures trading. Receive complimentary Bitcoin trading signals and utilize the Cornix trading Bot for optimal automated trades: https://telegram.me/btctradingclub STABLE follows suit in terms of daily gains. However, there's a 360% price pump from one strange altcoin on CoinGecko. Bitcoin’s price ascent from earlier this week couldn’t continue in the past 36 hours or so, and the asset even dipped toward $65,000, where it found some support. Most larger-cap alts have remained sideways on a 24-hour scale, aside from WLFI, which has rocketed by double digits. BTC Calms Below $66K The end of the previous business week saw another rejection for BTC, which had pumped to $65,600 a few days prior after the favorable US CPI data for June. After the bears stepped up, though, the asset slipped to $62,500 on Friday. Nevertheless, this was a short-term decline, and the cryptocurrency rebounded to $64,000 over the...

Bitcoin Soars as US Inflation Cools in June

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  Visit this link to make money with cryptos with our Expert trading team and get a chance to win Free bitcoin and other cryptocurrencies – https://telegram.me/btctradingclub BTC had stalled below $63,000 before the CPI numbers went out. Although most experts anticipated slightly lower US Consumer Price Index numbers for June due to the ongoing ceasefire at the time in the Middle East, the actual data is more promising, showing an even larger decline. The month-over-month drop is 0.4%, which breaks a three-month streak of consistent increases. BTC’s price reacted with an immediate surge of almost a grand that pushed it to $63,500 briefly. However, a closer look at the data tells a different story. A large portion of the CPI decline from May’s multi-year record was due to the drop in oil prices in June because of the ceasefire signed between the US and Iran. The Core CPI, which strips out more volatile sectors such as energy and food, remains unchanged. Furtherm...

Bitcoin Tops $62.3K After Stocks Set New Record

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Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/progrouptraders Bitcoin set new highs for July after the Dow Jones and global stocks market cap set new all-time highs before the US Independence Day holiday. Bitcoin (BTC) saw new July highs on Friday as bulls kept pushing over the US holiday period. Bitcoin sustains upside momentum as BTC price action nears its 200-week moving average. That trend line now forms the centerpoint of a "strong resistance area." Global equities hit record levels as Fed rate-hike odds simmer on weaker jobs data. Bitcoin buyers "chasing" as BTC price eyes key trend line US markets were closed for the Independence Day holiday, with the Dow Jones closing at record highs the day prior. As noted by trading resource The Kobeissi Letter, the global stock market cap also hit new all-time highs....

Analyst Warns BTC Mirrors Pre-FTX Crash Pattern

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Visit this link to make money with bitcoin and other cryptocurrencies. Receive daily altcoin signals with the best crypto trading startegy – https://telegram.me/freecryptosignalsdaily Bitcoin may still face a deep capitulation event despite an improving sentiment across the broader market. Bitcoin (BTC) briefly crossed $67,000 yesterday after a recently brokered peace agreement between the United States and Iran boosted market sentiment. Despite the rally, the crypto asset may be approaching another capitulation event, according to crypto analyst Doctor Profit, who compared the current market structure to the setup seen before the FTX collapse in 2022. 2022-Style Capitulation Pattern In the latest tweet, the analyst explained that before that crash, Bitcoin was moving higher while forming a bullish divergence on the weekly chart, which led many traders to buy near the $20,000 level. However, panic selling followed after the market collapsed, leaving many investors with...