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Showing posts with the label Market Structure

Bitcoin vs Altcoins: This Key Test Challenges the Altcoin Rally

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  Get Daily Altcoin Signals & Automated Trade Setups With Professional Trading Strategies – https://t.me/futuressignalsrobot The data suggests recent altcoin strength may be concentrated in a few tokens rather than spread across the broader market. A crypto trader has challenged the idea that altcoins are broadly outperforming Bitcoin after comparing prices on August 22 and September 9, when BTC was near the same level on both dates. The comparison found that most large altcoins had barely moved, while a smaller group posted clearer gains. Analyst Tests Altcoin Performance Against Bitcoin Denis Liu, who goes by “VirtualBacon” on X, said in a post on September 9 that claims of widespread altcoin outperformance often come with a long list of examples, but that a simpler test gives a different picture. The trader compared altcoin prices on two dates when Bitcoin was trading at almost the same level. The OG cryptocurrency was at $78,313 on August 22 and $78,440...

Bitcoin Signals Early Phase of Major Bull Run

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  Check out the provided link to make sure you earn a steady profit in Binance futures trading: https://telegram.me/binancefuturesignal Demand is picking up around Bitcoin, but rising selling pressure could test the rally. Bitcoin (BTC) may be entering a new bull-market phase, as several valuation, demand, and liquidity indicators have turned higher, according to CryptoQuant. The analytics firm outlined the shift in a research note published August 25, but said Bitcoin still needs further confirmation. The assessment comes as BTC has also shown renewed price strength. The cryptocurrency climbed about 24% from August 17 and reached $80,000, its highest level since mid-May. Bitcoin Rally Gains Broader Support The rally came amid plans by the US Treasury to raise long-term bond buybacks to at least $4 billion per operation from September 9. It also followed comments from President Donald Trump about possible federal Bitcoin purchases. These developments coincided ...

BTC Shows 8 Capitulation Signals: Is the Bottom Near?

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   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...

Bitcoin Bear Market Bottom May Come in August

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  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 ...

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...

Ethereum Leads Crypto Market With 10% Dominance

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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 ETH's jump in dominance has unfolded without a single obvious catalyst, making the recent rally harder to explain. Ethereum’s market dominance climbed back above 10% on Tuesday after weeks below that level, while the token outperformed every other top-10 cryptocurrency with an almost 9% gain in the last seven days. The move has rekindled bullish sentiment around ETH, even though one analyst is cautioning that no single event appears to have triggered the latest rally. ETH Retakes 10% Market Share as Sentiment Improves Data from CoinGecko shows Ethereum’s market cap at around $233.2 billion, with the total crypto market up nearly 2% and valued at just over $2.34 trillion. That put ETH’s share of the market at slightly more than 10%, a figure BIT analyst Markus Thielen described as a “psychologically important”...

US Transfers $244M BTC: Market Shock Ahead?

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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 Visit – https://play.google.com/store/apps/details?id=com.freecryptosignals.app The US government also transferred some ETH to the exchange. According to data coming from Arkham Intelligence, wallets linked to the United States government have moved almost $300 million in bitcoin and ether to Coinbase Prime, reigniting concerns that Washington could be preparing to sell part of its massive BTC stash despite Trump’s previous pledge. The report noted that the moved bitcoin originated from assets seized in cases connected to convicted dark-web dealer Ryan Farace and the defunct BTC-e exchange. The ETH was linked to Brian Krewson, who was implicated in a crypto custody and money-laundering scheme. Will Trump Break His Promise? The transfers in question were for 3,94...