Bitcoin Trading

  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...

   Click on the link to make sure you make a steady profit in Binance futures trading. Get free Bitcoin trading signals and use the Cornix trading Bot for smart automated trades: https://telegram.me/binancefuturesignal VanEck is seeing Bitcoin nearing accumulation as eight capitulation signals flash. Bitcoin posted a modest recovery on Wednesday, which helped it climb above $64,000. The cryptocurrency is still almost 50% down from its all-time high, but VanEck’s latest analysis revealed that 8 of 12 tracked signals in its “Bitcoin Capitulation Check” are now firing. This suggests that the market may be nearing the end of its correction phase. VanEck said that all 12 signals entered their capitulation zones at some point over the past three months, while BTC itself has spent the past month stabilizing after recovering from its June summer low and may have bottomed near $58,500 on June 30. Meanwhile, US spot Bitcoin ETFs have recorded more than $950 million in net inflows so far...

  Explore the provided link to achieve a steady profit in Binance futures trading: https://telegram.me/btctradingclub Bitcoin could confirm an August bear-market bottom, though rising Treasury yields could force the Fed to raise rates in September, according to 10x Research. Bitcoin could confirm a bear-market bottom in August with a monthly close above $63,000, according to 10x Research. Markus Thielen, founder of 10x Research, said in a Monday report shared with Cointelegraph that Bitcoin closed July below the threshold needed to confirm a technical bottom. A monthly close near $63,000 would turn several of 10x Research’s cycle indicators bullish. Bitcoin was trading at $63,140 when the analysis was prepared, meaning a relatively small gain from July’s closing level could trigger the reversal signal. The company said it continued to favor long positions but would shift to a neutral stance if Bitcoin broke key support levels and moving averages. The base case ...

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...

  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...

  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...

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....