BitcoinTo100K
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🚨 Record $9.7B Stablecoin Inflows Could Drive Bitcoin to $100K! 🚨
📊 Stablecoin inflows to crypto exchanges hit a record high—over $9.7 billion in just 30 days! This surge is signaling major investor interest and could be the catalyst that pushes Bitcoin to $100,000 by the end of November! 🚀
🔹 Why is this important?
Stablecoins are the primary gateway for converting fiat into crypto, so these massive inflows can increase buying pressure on Bitcoin. When liquidity spikes, it’s often a sign of a bullish trend.
💬 What’s driving this surge?
According to Leon Waidmann, head of research at The Onchain Foundation, “Stablecoin liquidity is back. Speculative demand continues to explode!”
📈 Will Bitcoin Break $100K?
Analysts, including Ryan Lee from Bitget Research, are projecting that Bitcoin could reach $100K before the end of November. With the post-halving cycle favoring BTC, we could see another 14.7% jump in price!
🔹 Bitcoin ETFs Boosting the Momentum
In addition to stablecoin inflows, Bitcoin ETFs are also seeing major inflows. Just on Nov. 20, U.S. Bitcoin ETFs saw $773 million in net positive inflows—marking the third consecutive day of gains!
🔥 Is the $100K target within reach?
Bitcoin’s price has surged dramatically in the past month, and with increased stablecoin liquidity and ETF inflows, we might just see that $100K milestone sooner than expected.
🔹 Do you think Bitcoin will hit $100K today?
Drop your thoughts and predictions below! 👇
#Bitcoin #BTCPrice #BitcoinTo100K #EyesOnBTC $BTC
📊 Stablecoin inflows to crypto exchanges hit a record high—over $9.7 billion in just 30 days! This surge is signaling major investor interest and could be the catalyst that pushes Bitcoin to $100,000 by the end of November! 🚀
🔹 Why is this important?
Stablecoins are the primary gateway for converting fiat into crypto, so these massive inflows can increase buying pressure on Bitcoin. When liquidity spikes, it’s often a sign of a bullish trend.
💬 What’s driving this surge?
According to Leon Waidmann, head of research at The Onchain Foundation, “Stablecoin liquidity is back. Speculative demand continues to explode!”
📈 Will Bitcoin Break $100K?
Analysts, including Ryan Lee from Bitget Research, are projecting that Bitcoin could reach $100K before the end of November. With the post-halving cycle favoring BTC, we could see another 14.7% jump in price!
🔹 Bitcoin ETFs Boosting the Momentum
In addition to stablecoin inflows, Bitcoin ETFs are also seeing major inflows. Just on Nov. 20, U.S. Bitcoin ETFs saw $773 million in net positive inflows—marking the third consecutive day of gains!
🔥 Is the $100K target within reach?
Bitcoin’s price has surged dramatically in the past month, and with increased stablecoin liquidity and ETF inflows, we might just see that $100K milestone sooner than expected.
🔹 Do you think Bitcoin will hit $100K today?
Drop your thoughts and predictions below! 👇
#Bitcoin #BTCPrice #BitcoinTo100K #EyesOnBTC $BTC
🚨 Bitcoin ETFs Surge to New Heights as BTC Hits $97K! 🚨
🎉 Bitcoin just hit a new all-time high of $97,836—a huge milestone as spot Bitcoin ETFs in the U.S. recorded $773.47 million in inflows on Nov. 20! This marks the third consecutive day of inflows, and many are wondering—is $100K next?
🔥 Biggest Movers:
🔹 BlackRock’s IBIT ETF led the charge, pulling in $626.52 million in a single day! It’s now crossed the $30 billion mark in cumulative net inflows. 💰
🔹 Other players like Fidelity’s FBTC and ARK’s ARKB saw substantial contributions as well. Total trading volume for Bitcoin ETFs reached $5.71 billion on Nov. 20!
🚀 What’s Driving This?
🔹 Bitcoin’s value has more than doubled this year, and with Trump's pro-crypto policies on the horizon, many are optimistic about the future of digital assets.
🔹 Since the election, U.S.-listed Bitcoin ETFs have brought in over $4 billion. The new Bitcoin ETF options (such as BlackRock's IBIT) are also attracting major attention, with bullish bets increasing.
💬 What do you think?
🔹 Is Bitcoin about to hit $100K? 🚀
🔹 Will other altcoins like Ethereum catch up soon?
🔎 Ethereum ETFs Struggling
While Bitcoin is on the rise, Ethereum ETFs are seeing outflows, with $30.29 million exiting on Nov. 20. Fidelity’s FETH saw the biggest outflow, losing $30.75 million, while Grayscale’s ETHE shed $16.29 million. But, BlackRock’s ETHA ETF bucked the trend with a $16.74 million inflow.
Let’s hear your thoughts on the market—drop a comment below! 👇
#BitcoinETF #EthereumETF #BitcoinTo100K #EyesOnBTC #AltcoinNextMove $BTC $ETH
🎉 Bitcoin just hit a new all-time high of $97,836—a huge milestone as spot Bitcoin ETFs in the U.S. recorded $773.47 million in inflows on Nov. 20! This marks the third consecutive day of inflows, and many are wondering—is $100K next?
🔥 Biggest Movers:
🔹 BlackRock’s IBIT ETF led the charge, pulling in $626.52 million in a single day! It’s now crossed the $30 billion mark in cumulative net inflows. 💰
🔹 Other players like Fidelity’s FBTC and ARK’s ARKB saw substantial contributions as well. Total trading volume for Bitcoin ETFs reached $5.71 billion on Nov. 20!
🚀 What’s Driving This?
🔹 Bitcoin’s value has more than doubled this year, and with Trump's pro-crypto policies on the horizon, many are optimistic about the future of digital assets.
🔹 Since the election, U.S.-listed Bitcoin ETFs have brought in over $4 billion. The new Bitcoin ETF options (such as BlackRock's IBIT) are also attracting major attention, with bullish bets increasing.
💬 What do you think?
🔹 Is Bitcoin about to hit $100K? 🚀
🔹 Will other altcoins like Ethereum catch up soon?
🔎 Ethereum ETFs Struggling
While Bitcoin is on the rise, Ethereum ETFs are seeing outflows, with $30.29 million exiting on Nov. 20. Fidelity’s FETH saw the biggest outflow, losing $30.75 million, while Grayscale’s ETHE shed $16.29 million. But, BlackRock’s ETHA ETF bucked the trend with a $16.74 million inflow.
Let’s hear your thoughts on the market—drop a comment below! 👇
#BitcoinETF #EthereumETF #BitcoinTo100K #EyesOnBTC #AltcoinNextMove $BTC $ETH
🚀 Bitcoin Breaks Bearish Range: The Next Leg Up is Here! 🚀
The moment we've all been waiting for has arrived! Bitcoin has shattered its bearish range and entered a spectacular vertical boom/bubble mode, igniting excitement across the crypto community. Here's a deep dive into our technical analysis, highlighting three key targets to watch:
### Bitcoin's Bullish Journey:
1. $90,000: Bitcoin has now surged past the psychological barrier of $88K. As it flirts with $90K, this level represents a significant milestone, bolstered by strong support and investor confidence.
2. $95,000: Should Bitcoin maintain its momentum, the next target is $95K. This level is marked by historical resistance, and breaking through it could signal the dawn of a powerful bullish phase.
3. $100,000: The ultimate target in this vertical ascent is the coveted $100K mark. Achieving this milestone would not only confirm the bullish trend but also set new all-time highs, driving unprecedented investor interest.
### Key Technical Indicators:
- Golden Cross: The 50-day moving average crossing above the 200-day moving average indicates sustained bullish momentum.
- Relative Strength Index (RSI): Currently above 70, suggesting strong buying pressure but also cautioning overbought conditions.
- MACD (Moving Average Convergence Divergence): Positive divergence signals an ongoing upward trend.
### Strategic Insights:
- Strong Support: Bitcoin has established solid support around $85K, providing a safety net for investors.
- Whale Activity: Significant whale accumulation indicates strong confidence in Bitcoin's continued rise.
Stay tuned with Binance for real-time updates and expert insights on Bitcoin's journey and other market trends. 🌐💡
#BitcoinBoom #CryptoBullRun #MarketTrends #Binance #CryptoInvesting #BitcoinTo100K
Ready to ride the next leg up? 🌕
### Bitcoin's Bullish Journey:
1. $90,000: Bitcoin has now surged past the psychological barrier of $88K. As it flirts with $90K, this level represents a significant milestone, bolstered by strong support and investor confidence.
2. $95,000: Should Bitcoin maintain its momentum, the next target is $95K. This level is marked by historical resistance, and breaking through it could signal the dawn of a powerful bullish phase.
3. $100,000: The ultimate target in this vertical ascent is the coveted $100K mark. Achieving this milestone would not only confirm the bullish trend but also set new all-time highs, driving unprecedented investor interest.
### Key Technical Indicators:
- Golden Cross: The 50-day moving average crossing above the 200-day moving average indicates sustained bullish momentum.
- Relative Strength Index (RSI): Currently above 70, suggesting strong buying pressure but also cautioning overbought conditions.
- MACD (Moving Average Convergence Divergence): Positive divergence signals an ongoing upward trend.
### Strategic Insights:
- Strong Support: Bitcoin has established solid support around $85K, providing a safety net for investors.
- Whale Activity: Significant whale accumulation indicates strong confidence in Bitcoin's continued rise.
Stay tuned with Binance for real-time updates and expert insights on Bitcoin's journey and other market trends. 🌐💡
#BitcoinBoom #CryptoBullRun #MarketTrends #Binance #CryptoInvesting #BitcoinTo100K
Ready to ride the next leg up? 🌕
🚀 Trump’s Crypto Push: Could DeFi and BTC Staking Become the New Mainstream? 🌟
The crypto world is abuzz with speculation about the transformative impact of Donald Trump's upcoming policies on decentralized finance (DeFi) and Bitcoin staking. With Bitcoin nearing the $100K mark, Redstone’s COO Marcin Kaźmierczak believes the stage is set for crypto to enter a new era of mainstream adoption.
🔑 Key Takeaways: DeFi and $BTC Staking Revolution
1️⃣ Bitcoin’s Surge Fuels DeFi Momentum:
Bitcoin's unprecedented rally has pushed DeFi activity into the spotlight.
DeFi's market cap rose 6.3% in 24 hours, hitting $91.89 billion.
2️⃣ Trump’s Pro-Crypto Policies Could Catalyze Growth:
A crypto-friendly regulatory environment under Trump could eliminate barriers for DeFi platforms.
Potential to make Bitcoin staking as mainstream as stock dividends.
3️⃣ Bitcoin Staking as a New Investment Standard:
BTC staking offers dual benefits as a store of value and income generator.
Institutional and retail investors could flock to Bitcoin staking amidst its dominance surge.
📊 DeFi Dominance on the Rise
Total Value Locked (TVL): $127.78 billion
24-Hour Trading Volume: $7.88 billion
DeFi Market Share: Growing to 2.9%
🚧 Challenges Ahead
Kaźmierczak highlights hurdles like price volatility and lessons from Trump’s failed WLFI token launch. Despite the setbacks, BTC’s appeal as a staking asset could reduce selling pressure and attract new investors.
🌐 The Bigger Picture
As Bitcoin solidifies its position with dominance at an all-time high, DeFi and $BTC staking could redefine the future of finance. With a supportive regulatory framework, this could be the beginning of a golden era for crypto enthusiasts and investors alike.
📢 Do you think Trump’s pro-crypto stance will transform DeFi and Bitcoin staking into mainstream investment tools? Let us know your thoughts below! 👇
🔑 Key Takeaways: DeFi and $BTC Staking Revolution
1️⃣ Bitcoin’s Surge Fuels DeFi Momentum:
Bitcoin's unprecedented rally has pushed DeFi activity into the spotlight.
DeFi's market cap rose 6.3% in 24 hours, hitting $91.89 billion.
2️⃣ Trump’s Pro-Crypto Policies Could Catalyze Growth:
A crypto-friendly regulatory environment under Trump could eliminate barriers for DeFi platforms.
Potential to make Bitcoin staking as mainstream as stock dividends.
3️⃣ Bitcoin Staking as a New Investment Standard:
BTC staking offers dual benefits as a store of value and income generator.
Institutional and retail investors could flock to Bitcoin staking amidst its dominance surge.
📊 DeFi Dominance on the Rise
Total Value Locked (TVL): $127.78 billion
24-Hour Trading Volume: $7.88 billion
DeFi Market Share: Growing to 2.9%
🚧 Challenges Ahead
Kaźmierczak highlights hurdles like price volatility and lessons from Trump’s failed WLFI token launch. Despite the setbacks, BTC’s appeal as a staking asset could reduce selling pressure and attract new investors.
🌐 The Bigger Picture
As Bitcoin solidifies its position with dominance at an all-time high, DeFi and $BTC staking could redefine the future of finance. With a supportive regulatory framework, this could be the beginning of a golden era for crypto enthusiasts and investors alike.
📢 Do you think Trump’s pro-crypto stance will transform DeFi and Bitcoin staking into mainstream investment tools? Let us know your thoughts below! 👇
🚀 Bitcoin Price Prediction: Can BTC Hit $100,000 Before 2025?
As of November 16, 2024, Bitcoin ($BTC ) has reached a new all-time high (ATH) of $93,265.64, marking a significant milestone fueled by recent geopolitical and market developments. The question now is whether Bitcoin can breach the $100,000 mark before the end of 2024. Let’s dive into the key factors driving this historic rally and analyze its future potential.
Key Drivers of Bitcoin’s Surge
1️⃣ Pro-Crypto U.S. Presidency
The victory of Donald Trump in the U.S. Presidential Election on November 5, 2024, has bolstered the crypto market.
Trump’s pro-crypto stance and promises to support the industry have renewed confidence among investors.
A potential firing of SEC Chairman Gary Gensler could signal friendlier regulations, further accelerating market growth.
2️⃣ Institutional Inflows into Bitcoin ETFs
Bitcoin ETFs on the U.S. spot market saw a record $7.56 billion inflow after the election, reflecting robust institutional demand.
Major players like BlackRock view Bitcoin as “digital gold,” enhancing its appeal as a long-term stable asset.
3️⃣ Technical Indicators Pointing to Further Gains
The MACD indicator on the 5-day chart has turned bullish, signaling potential for continued price growth.
4️⃣ Rising Perception as a Safe Haven Asset
In an uncertain global economy, Bitcoin’s perception as a safe haven asset is drawing both institutional and retail investors.
5️⃣ Altcoin Rally Adds Momentum
Altcoins like Ethereum ($ETH), Cardano (ADA), Solana ($SOL ), and Dogecoin ($DOGE ) are also experiencing significant gains, reflecting broader market enthusiasm.
Predictions and Scenarios
Bullish Scenario:
If the current momentum continues, analysts predict Bitcoin could reach $100,000 by December 2024, driven by:
Increased ETF inflows.
Positive regulatory developments.
Sustained interest from institutional investors.
Bearish Scenario:
Regulatory hurdles or profit-taking by major investors could stall the rally. A retracement to support levels around $85,000 may occur before another upward move.
The "Bitcoin Black Hole Effect"
Bitcoin’s dominance in the market is pulling value from Altcoins, amplifying its rise. This phenomenon could intensify as more investors flock to BTC as a stable and promising asset.
Conclusion: Will BTC Hit $100K?
While the $100,000 target is ambitious, the current market conditions—bolstered by institutional interest, favorable regulatory developments, and strong technical indicators—make it achievable before 2025.
Key Levels to Watch:
Resistance: $95,000, $100,000
Support: $90,000, $85,000
Are you ready for Bitcoin’s next big move? Share your predictions below!
Key Drivers of Bitcoin’s Surge
1️⃣ Pro-Crypto U.S. Presidency
The victory of Donald Trump in the U.S. Presidential Election on November 5, 2024, has bolstered the crypto market.
Trump’s pro-crypto stance and promises to support the industry have renewed confidence among investors.
A potential firing of SEC Chairman Gary Gensler could signal friendlier regulations, further accelerating market growth.
2️⃣ Institutional Inflows into Bitcoin ETFs
Bitcoin ETFs on the U.S. spot market saw a record $7.56 billion inflow after the election, reflecting robust institutional demand.
Major players like BlackRock view Bitcoin as “digital gold,” enhancing its appeal as a long-term stable asset.
3️⃣ Technical Indicators Pointing to Further Gains
The MACD indicator on the 5-day chart has turned bullish, signaling potential for continued price growth.
4️⃣ Rising Perception as a Safe Haven Asset
In an uncertain global economy, Bitcoin’s perception as a safe haven asset is drawing both institutional and retail investors.
5️⃣ Altcoin Rally Adds Momentum
Altcoins like Ethereum ($ETH), Cardano (ADA), Solana ($SOL ), and Dogecoin ($DOGE ) are also experiencing significant gains, reflecting broader market enthusiasm.
Predictions and Scenarios
Bullish Scenario:
If the current momentum continues, analysts predict Bitcoin could reach $100,000 by December 2024, driven by:
Increased ETF inflows.
Positive regulatory developments.
Sustained interest from institutional investors.
Bearish Scenario:
Regulatory hurdles or profit-taking by major investors could stall the rally. A retracement to support levels around $85,000 may occur before another upward move.
The "Bitcoin Black Hole Effect"
Bitcoin’s dominance in the market is pulling value from Altcoins, amplifying its rise. This phenomenon could intensify as more investors flock to BTC as a stable and promising asset.
Conclusion: Will BTC Hit $100K?
While the $100,000 target is ambitious, the current market conditions—bolstered by institutional interest, favorable regulatory developments, and strong technical indicators—make it achievable before 2025.
Key Levels to Watch:
Resistance: $95,000, $100,000
Support: $90,000, $85,000
Are you ready for Bitcoin’s next big move? Share your predictions below!
$BTC Trading Setup
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With low leverage between 5X to 15X
Position: Short 🅱️
Buying Point: $92,000
Take Profit: $82,400
Stop loss: 100%
#Bitcoin #BitcoinTo100K #Trading #FuturestradingSignals #AltCoinRush
:
.
.
.
.
With low leverage between 5X to 15X
Position: Short 🅱️
Buying Point: $92,000
Take Profit: $82,400
Stop loss: 100%
#Bitcoin #BitcoinTo100K #Trading #FuturestradingSignals #AltCoinRush
🚀 $BTC Hits New Peaks! 🚀
Bitcoin has surged to a remarkable $92,315.24 on Binance, reaching a critical level with a 24-hour high of $92,583.99! This impressive upward momentum signals that Bitcoin may be gearing up for its next big leap, potentially heading toward the legendary $100,000 mark! 📈
With a consistent rise in trading volume and strong market sentiment, BTC's bullish trend shows no signs of slowing down. Keep an eye on the charts, as this could be the breakout that takes BTC to new all-time highs. 🌕💰
#BitcoinTo100K #Crypto #Binance #CryptoTrading #BullRun
Bitcoin has surged to a remarkable $92,315.24 on Binance, reaching a critical level with a 24-hour high of $92,583.99! This impressive upward momentum signals that Bitcoin may be gearing up for its next big leap, potentially heading toward the legendary $100,000 mark! 📈
With a consistent rise in trading volume and strong market sentiment, BTC's bullish trend shows no signs of slowing down. Keep an eye on the charts, as this could be the breakout that takes BTC to new all-time highs. 🌕💰
#BitcoinTo100K #Crypto #Binance #CryptoTrading #BullRun
🚀 Bitcoin Nears $90K as Crypto Market Cap Surpasses $3 Trillion! 🚀
Bitcoin's momentum is unstoppable! Nearing the $90,000 milestone, Bitcoin leads the entire crypto market, now valued over $3 trillion. Fueling this epic rally? The recent election of Donald Trump, whose pro-crypto stance has ignited optimism across digital assets, and massive institutional moves.
🔹 Key Drivers Behind the Surge:
Trump's Pro-Crypto Policies: Promises of making the U.S. the “Bitcoin capital of the world” have set the stage for transformative industry support.
Microstrategy’s Mega Purchase: Michael Saylor’s $2 billion buy-in of BTC signals confidence, attracting other investors to follow.
Federal Reserve’s Rate Cut: A new economic approach is bringing more capital to crypto as investors seek returns.
With institutional inflows reaching $3.3 billion since the election, Bitcoin’s new high of $88,508 marks a thrilling chapter for crypto. Could $100K be next? Stay tuned with Binance for real-time updates and be part of this incredible journey! 🌎📈
#BitcoinTo100K
#CryptoBullRun
#BinanceUpdates
Bitcoin's momentum is unstoppable! Nearing the $90,000 milestone, Bitcoin leads the entire crypto market, now valued over $3 trillion. Fueling this epic rally? The recent election of Donald Trump, whose pro-crypto stance has ignited optimism across digital assets, and massive institutional moves.
🔹 Key Drivers Behind the Surge:
Trump's Pro-Crypto Policies: Promises of making the U.S. the “Bitcoin capital of the world” have set the stage for transformative industry support.
Microstrategy’s Mega Purchase: Michael Saylor’s $2 billion buy-in of BTC signals confidence, attracting other investors to follow.
Federal Reserve’s Rate Cut: A new economic approach is bringing more capital to crypto as investors seek returns.
With institutional inflows reaching $3.3 billion since the election, Bitcoin’s new high of $88,508 marks a thrilling chapter for crypto. Could $100K be next? Stay tuned with Binance for real-time updates and be part of this incredible journey! 🌎📈
#BitcoinTo100K
#CryptoBullRun
#BinanceUpdates
"Prediction of the BITCOIN Price Update for the Upcoming Week" !!!
#BitcoinMovement #BinanceMarketShare #Binance #CryptoRisingStars #BitcoinTo100K
$BTC $ETH $FDUSD
#BitcoinMovement #BinanceMarketShare #Binance #CryptoRisingStars #BitcoinTo100K
$BTC $ETH $FDUSD
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W3LAB Crypto News IT and Marketing Agency
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What will happen to bitcoin in the coming week
Our weekly feature. Our experts analyzed the market situation and told how it may change in the coming week for Bitcoin and the market as a whole.
On Sunday, October 29, bitcoin is trading at $34.2k. And its price has increased by 14.5% since the end of the previous week. Our experts have analyzed the situation on the market and assessed the prospects of bitcoin rate movement for the next seven days.
Last week's analysis and highlights:
Bitcoin price rose to $35,280 amid optimism around bitcoin-ETF approval.The SEC has been officially mandated to review Grayscale's application to launch a spot bitcoin-ETF.SEC Commissioner Hester Pearce stated that the spot bitcoin-ETF should have been approved 5 years ago.The DXY dollar index hit a one-month low but was able to recoup all of its losses.After the rally, the price entered a consolidation between $33k and $35k.
Bitcoin has been trading in a range of $32,400 to $35,280 this week. On Monday, the price rose to $34,741. And on Tuesday, it reached a high of $35,280. This was followed by a correction to $33,390 on Friday.
On October 23, bitcoin rose 10.26% to $33,069. The rise was driven by several factors. First, the DXY dollar index hit a one-month low on the back of falling US government bond yields. Second, a U.S. court upheld the SEC's review of Grayscale's application to launch a spot bitcoin ETF. Thirdly, the rally was supported by technical factors - liquidation of short positions worth $161 mln and breakthrough of important resistance levels.
On October 24, the price of bitcoin rose 2.58% to a high of $35,280. Among the growth factors is the decision of the U.S. court obliging the SEC to reconsider Grayscale's application. As well as news that BlackRock has assigned a ticker to a bitcoin-ETF pending approval. In addition, support came from a weakening dollar. However, by the evening, the dollar index reversed upward, stopping the bitcoin price growth.
On October 25, the price growth slowed to 1.69%, to the level of $34,496. Amid expectations of bitcoin-ETF approval, investors ignored the strengthening of the dollar and the decline in stock indices. Investors' attention was drawn to the upcoming halving. Bitcoin's share of the crypto market rose to 51.4%.
On October 26, the price of bitcoin fell by 1% to $34,151. The market was pressured by the strengthening of the dollar and the fall of technology stocks in the United States. The Nasdaq index fell by 2% and the S&P 500 fell by 1.2%. US 10-year bond yields fell to 4.88%. Fears of recession in the US have increased.
On October 27, the BTC/USDt pair fell by 0.76% to $33,892. During the U.S. session, the price declined to $33,390 amid falling stock indices. Since the end of July, the S&P500 index has fallen 10.2% to 4137. This week, US Q3 GDP data beat expectations, showing the economy accelerating at the fastest pace since mid-2021. Despite US Q3 GDP and expectations of a rate hike in December, fears of a recession in the country remain. Inflation continues to worry the Federal Reserve (Fed).
The U.S. Personal Consumption Expenditures (PCE) index showed that consumer price expenditures rose at the fastest monthly pace since May. But the annual PCE fell slightly in September, renewing concerns about high interest rates.
What's in store for us next week with Bitcoin
We have a busy week ahead of us. The focus of economic data will be on employment numbers, including the ADP private sector employment report on Wednesday. And jobless claims on Thursday. And non-farm payrolls on Friday.
The market expects current monetary policy to remain in place. And despite the strong economy and tight labor market as inflation slows. But remains above the target level. In addition, the ISM Services report on business activity index in the US and China is expected. Geopolitical events also remain key drivers for traditional assets. Investors will continue to analyze the results of corporate reports.
The BTC/USDt pair is trading above $34k. According to the volume analysis, buying has noticeably decreased since Friday. This is understandable, because the price is in a sideways trend for a long time without continuing the rally. And when the price stands for a long time, the two-day flat starts to get on investors' nerves. At this time short-term speculators, working on the downside, start to get involved.
By cyclic analysis there are no changes. The growth phase should last until November 9. Conditions are still favorable for growth.
An alarm bell for buyers may be the absence of upward movement after the speech of J. Powell on Wednesday after the FOMC meeting. According to the latest data from CME Group, rates will remain in the range of 5.25-5.50 with a 99.9% probability on Nov. 1 and an 80% probability on Dec. 13.
BitRiver forecasts that the decline phase may last from November 9 to November 21. Closing the day below $32,700 is likely to be a precursor to the beginning of the correction phase. For the correction, $31,700 should be selected as a support target level. Conclusions of our experts: We are waiting for the rate decision, Powell's speech and the US labor market report. $BTC
#etf #BTC
On Sunday, October 29, bitcoin is trading at $34.2k. And its price has increased by 14.5% since the end of the previous week. Our experts have analyzed the situation on the market and assessed the prospects of bitcoin rate movement for the next seven days.
Last week's analysis and highlights:
Bitcoin price rose to $35,280 amid optimism around bitcoin-ETF approval.The SEC has been officially mandated to review Grayscale's application to launch a spot bitcoin-ETF.SEC Commissioner Hester Pearce stated that the spot bitcoin-ETF should have been approved 5 years ago.The DXY dollar index hit a one-month low but was able to recoup all of its losses.After the rally, the price entered a consolidation between $33k and $35k.
Bitcoin has been trading in a range of $32,400 to $35,280 this week. On Monday, the price rose to $34,741. And on Tuesday, it reached a high of $35,280. This was followed by a correction to $33,390 on Friday.
On October 23, bitcoin rose 10.26% to $33,069. The rise was driven by several factors. First, the DXY dollar index hit a one-month low on the back of falling US government bond yields. Second, a U.S. court upheld the SEC's review of Grayscale's application to launch a spot bitcoin ETF. Thirdly, the rally was supported by technical factors - liquidation of short positions worth $161 mln and breakthrough of important resistance levels.
On October 24, the price of bitcoin rose 2.58% to a high of $35,280. Among the growth factors is the decision of the U.S. court obliging the SEC to reconsider Grayscale's application. As well as news that BlackRock has assigned a ticker to a bitcoin-ETF pending approval. In addition, support came from a weakening dollar. However, by the evening, the dollar index reversed upward, stopping the bitcoin price growth.
On October 25, the price growth slowed to 1.69%, to the level of $34,496. Amid expectations of bitcoin-ETF approval, investors ignored the strengthening of the dollar and the decline in stock indices. Investors' attention was drawn to the upcoming halving. Bitcoin's share of the crypto market rose to 51.4%.
On October 26, the price of bitcoin fell by 1% to $34,151. The market was pressured by the strengthening of the dollar and the fall of technology stocks in the United States. The Nasdaq index fell by 2% and the S&P 500 fell by 1.2%. US 10-year bond yields fell to 4.88%. Fears of recession in the US have increased.
On October 27, the BTC/USDt pair fell by 0.76% to $33,892. During the U.S. session, the price declined to $33,390 amid falling stock indices. Since the end of July, the S&P500 index has fallen 10.2% to 4137. This week, US Q3 GDP data beat expectations, showing the economy accelerating at the fastest pace since mid-2021. Despite US Q3 GDP and expectations of a rate hike in December, fears of a recession in the country remain. Inflation continues to worry the Federal Reserve (Fed).
The U.S. Personal Consumption Expenditures (PCE) index showed that consumer price expenditures rose at the fastest monthly pace since May. But the annual PCE fell slightly in September, renewing concerns about high interest rates.
What's in store for us next week with Bitcoin
We have a busy week ahead of us. The focus of economic data will be on employment numbers, including the ADP private sector employment report on Wednesday. And jobless claims on Thursday. And non-farm payrolls on Friday.
The market expects current monetary policy to remain in place. And despite the strong economy and tight labor market as inflation slows. But remains above the target level. In addition, the ISM Services report on business activity index in the US and China is expected. Geopolitical events also remain key drivers for traditional assets. Investors will continue to analyze the results of corporate reports.
The BTC/USDt pair is trading above $34k. According to the volume analysis, buying has noticeably decreased since Friday. This is understandable, because the price is in a sideways trend for a long time without continuing the rally. And when the price stands for a long time, the two-day flat starts to get on investors' nerves. At this time short-term speculators, working on the downside, start to get involved.
By cyclic analysis there are no changes. The growth phase should last until November 9. Conditions are still favorable for growth.
An alarm bell for buyers may be the absence of upward movement after the speech of J. Powell on Wednesday after the FOMC meeting. According to the latest data from CME Group, rates will remain in the range of 5.25-5.50 with a 99.9% probability on Nov. 1 and an 80% probability on Dec. 13.
BitRiver forecasts that the decline phase may last from November 9 to November 21. Closing the day below $32,700 is likely to be a precursor to the beginning of the correction phase. For the correction, $31,700 should be selected as a support target level. Conclusions of our experts: We are waiting for the rate decision, Powell's speech and the US labor market report. $BTC
#etf #BTC
February 2024 notched the biggest monthly candle in #Bitcoin history in dollar value. 🥇
It has been 29 months since BTC posted a monthly candle of this size in October 2021, the month before it made the current all-time high around $69,000.
#TrendingTopic #BTC #BullRun🐂 #BitcoinTo100K #CryptoMarketSentiment😬📉📈
It has been 29 months since BTC posted a monthly candle of this size in October 2021, the month before it made the current all-time high around $69,000.
#TrendingTopic #BTC #BullRun🐂 #BitcoinTo100K #CryptoMarketSentiment😬📉📈
#Write2earn
BLOCKSTREAM CEO ADAM BACK PREDICTS UNSTOPPABLE BITCOIN PRICE RALLY
#BitcoinAnalyst #BTC $BTC #BitcoinTo100K
Blockstream CEO Adam Back recently shared a bullish outlook for Bitcoin on X (formerly Twitter), predicting an inevitable parabolic uptrend. His analysis comes amid significant market volatility post-Bitcoin halving.
Current BTC Status
Bitcoin is trading at $68,941, down 0.42% in the past 24 hours. Let's delve into why Back foresees a substantial price rally.
Key Reasons for the Predicted BTC Surge
Exhausted Market Bears:
Back believes market bears will soon be "exhausted" and run out of coins to sell, giving bulls the upper hand and driving prices up.
Strong Fundamentals:
Bitcoin’s growing adoption, real-world applications, and technological advancements support a bullish outlook. The approval of spot BTC ETFs in various countries and the upcoming BTC halving event highlight this trend.
Post-Halving Supply Shock:
A CryptoQuant report shows a decline in BTC miner holdings due to reduced rewards, suggesting a supply shock that could drive prices higher amid rising demand.
Investor Interest:
Back suggests that Bitcoin's bullish long-term prospects will attract more investors, increasing capital inflow and buying pressure.
Conclusion
Adam Back's analysis indicates that a confluence of exhausted market bears, strong fundamentals, a post-halving supply shock, and increased investor interest could drive Bitcoin's price to new heights.
BLOCKSTREAM CEO ADAM BACK PREDICTS UNSTOPPABLE BITCOIN PRICE RALLY
#BitcoinAnalyst #BTC $BTC #BitcoinTo100K
Blockstream CEO Adam Back recently shared a bullish outlook for Bitcoin on X (formerly Twitter), predicting an inevitable parabolic uptrend. His analysis comes amid significant market volatility post-Bitcoin halving.
Current BTC Status
Bitcoin is trading at $68,941, down 0.42% in the past 24 hours. Let's delve into why Back foresees a substantial price rally.
Key Reasons for the Predicted BTC Surge
Exhausted Market Bears:
Back believes market bears will soon be "exhausted" and run out of coins to sell, giving bulls the upper hand and driving prices up.
Strong Fundamentals:
Bitcoin’s growing adoption, real-world applications, and technological advancements support a bullish outlook. The approval of spot BTC ETFs in various countries and the upcoming BTC halving event highlight this trend.
Post-Halving Supply Shock:
A CryptoQuant report shows a decline in BTC miner holdings due to reduced rewards, suggesting a supply shock that could drive prices higher amid rising demand.
Investor Interest:
Back suggests that Bitcoin's bullish long-term prospects will attract more investors, increasing capital inflow and buying pressure.
Conclusion
Adam Back's analysis indicates that a confluence of exhausted market bears, strong fundamentals, a post-halving supply shock, and increased investor interest could drive Bitcoin's price to new heights.
🚀 $BTC : $100K Up Next!🚀
The chart shows that every #Bitcoin impulsive move spans roughly 49-70 days. The 2.618 Fibonacci level has consistently pinpointed short-term tops. With this pattern, our next target is a thrilling $100K, expected within the next 49-70 days! 📈💥
Get ready for the ride! #Crypto #BitcoinTo100K #btc70k #Write&Earn $BTC
The chart shows that every #Bitcoin impulsive move spans roughly 49-70 days. The 2.618 Fibonacci level has consistently pinpointed short-term tops. With this pattern, our next target is a thrilling $100K, expected within the next 49-70 days! 📈💥
Get ready for the ride! #Crypto #BitcoinTo100K #btc70k #Write&Earn $BTC
Hold onto your hats! The journey to 100k is in progress, Will it happen this week or the next week?
While the exact timing remains uncertain, the momentum is building, and the anticipation is palpable! The market is abuzz with speculation and excitement as Bitcoin inches closer to the coveted six-figure mark. $ Keep a close eye on the charts, stay informed, and brace yourself for potential fireworks in the coming
weeks.
The race to 100k is on, and the outcome promises to be exhilarating!
#BitcoinTo100K #cryptomummy #BullRun🐂 #HotTrends #HODLingToTheMoon
While the exact timing remains uncertain, the momentum is building, and the anticipation is palpable! The market is abuzz with speculation and excitement as Bitcoin inches closer to the coveted six-figure mark. $ Keep a close eye on the charts, stay informed, and brace yourself for potential fireworks in the coming
weeks.
The race to 100k is on, and the outcome promises to be exhilarating!
#BitcoinTo100K #cryptomummy #BullRun🐂 #HotTrends #HODLingToTheMoon
let's print some $$$$
Date Time GMT+8
30/10/2023 7.10PM
Trading Pair: BTC/USDT
Action: Long
Enter point: $34,460-$34,560
Leverage: 20X
Max funds usage 20%
Stop Loss: $34,060
Take profit: $34,660 or above
交易对： BTC/USDT
多空方向： 多
进场点位： $34,460-$34,560
杠杆倍数：20X
仓位比例： 20%
止损点位： $34,060
止盈点位： $34,660 or 以上
※ Even without signal, it is still highly recommended to use our SL/TP ratios as above if you try to place order on your own.
※ All investments are at your own risk, please invest with caution
#BitcoinTo100K
Date Time GMT+8
30/10/2023 7.10PM
Trading Pair: BTC/USDT
Action: Long
Enter point: $34,460-$34,560
Leverage: 20X
Max funds usage 20%
Stop Loss: $34,060
Take profit: $34,660 or above
交易对： BTC/USDT
多空方向： 多
进场点位： $34,460-$34,560
杠杆倍数：20X
仓位比例： 20%
止损点位： $34,060
止盈点位： $34,660 or 以上
※ Even without signal, it is still highly recommended to use our SL/TP ratios as above if you try to place order on your own.
※ All investments are at your own risk, please invest with caution
#BitcoinTo100K
🚀📈 **Bitcoin Bulls Roaring – $100k on the Horizon?** 🌕💰
I'm not saying that following me and liking my post is a guarantee that Bitcoin will hit $100k, but it's definitely worth a try.😈
The year is 2023, and Bitcoin is on fire! After a long bear market, the price of the world's most popular cryptocurrency has been on a tear, and many analysts believe it could reach $100k by the end of the year. 🚀🔥
🐕 But what about #Shibarium? Could it truly reach the moon? 🚀🌝
It's a question on the minds of many crypto enthusiasts. Is it possible for #SHIBAINU to reach $1? 🚀🐶💸
While it's an exciting prospect, this bullish journey would require a combination of positive factors to align. If these stars align, #SHIB could be in for a wild ride, and we'll all be over the moon! 🌕🚀🚁
Remember, this article contains wishes, not investment advice. 😇🌟
#BitcoinTo100K #CryptoBullRun #SHIBAtotheMoon #skyrocket #BinanceSquare
$BTC $SHIB
I'm not saying that following me and liking my post is a guarantee that Bitcoin will hit $100k, but it's definitely worth a try.😈
The year is 2023, and Bitcoin is on fire! After a long bear market, the price of the world's most popular cryptocurrency has been on a tear, and many analysts believe it could reach $100k by the end of the year. 🚀🔥
🐕 But what about #Shibarium? Could it truly reach the moon? 🚀🌝
It's a question on the minds of many crypto enthusiasts. Is it possible for #SHIBAINU to reach $1? 🚀🐶💸
While it's an exciting prospect, this bullish journey would require a combination of positive factors to align. If these stars align, #SHIB could be in for a wild ride, and we'll all be over the moon! 🌕🚀🚁
Remember, this article contains wishes, not investment advice. 😇🌟
#BitcoinTo100K #CryptoBullRun #SHIBAtotheMoon #skyrocket #BinanceSquare
$BTC $SHIB
Peter Brandt Raises Bitcoin Price Target to $200,000 for the Current Bull Market Cycle
Seasoned trader Peter Brandt has updated his bitcoin forecast, now anticipating a surge to $200,000 during the present bull market cycle, concluding around August or September of the following year. This is a significant increase from his previous estimate of $120,000.
Referencing his chart below, Brandt wrote on social media platform X:
"With the thrust above the upper boundary of the 15-month channel, the target for the current bull market cycle scheduled to end in Aug/Sep 2025 is being raised from $120,000 to $200,000 … A close below last week’s low will nullify this interpretation"
Back in January, Brandt pointed out a specific price pattern for bitcoin which he believes maintains the vitality of its bullish trend, describing it as a sequence of "Hump...Slump...Pump...Dump."
Brandt frequently offers analyses of bitcoin's market performance, often expressing optimistic viewpoints. For instance, on January 18th, he conveyed a broad macro support for bitcoin, noting it as a top contender for a valuable hedge against fiat currency devaluation.
As of January 6th, he considered bitcoin chiefly as a value reserve with substantial growth potential, while referring to other assets, including Ethereum (ETH), as inferior in comparison.
Nonetheless, Brandt holds a critical stance on the notion that Bitcoin halving events significantly affect the cryptocurrency's value, likening the impact on daily trading volume to something extremely minor on December 21st of the previous year.
Additionally, he has cautioned against placing trust in SEC Chairman Gary Gensler earlier this month, citing a track record of insufficient investor protection.
#Peterbrandt #BitcoinPrediction #priceprediction #BitcoinTo100K #BTC
Seasoned trader Peter Brandt has updated his bitcoin forecast, now anticipating a surge to $200,000 during the present bull market cycle, concluding around August or September of the following year. This is a significant increase from his previous estimate of $120,000.
Referencing his chart below, Brandt wrote on social media platform X:
"With the thrust above the upper boundary of the 15-month channel, the target for the current bull market cycle scheduled to end in Aug/Sep 2025 is being raised from $120,000 to $200,000 … A close below last week’s low will nullify this interpretation"
Back in January, Brandt pointed out a specific price pattern for bitcoin which he believes maintains the vitality of its bullish trend, describing it as a sequence of "Hump...Slump...Pump...Dump."
Brandt frequently offers analyses of bitcoin's market performance, often expressing optimistic viewpoints. For instance, on January 18th, he conveyed a broad macro support for bitcoin, noting it as a top contender for a valuable hedge against fiat currency devaluation.
As of January 6th, he considered bitcoin chiefly as a value reserve with substantial growth potential, while referring to other assets, including Ethereum (ETH), as inferior in comparison.
Nonetheless, Brandt holds a critical stance on the notion that Bitcoin halving events significantly affect the cryptocurrency's value, likening the impact on daily trading volume to something extremely minor on December 21st of the previous year.
Additionally, he has cautioned against placing trust in SEC Chairman Gary Gensler earlier this month, citing a track record of insufficient investor protection.
#Peterbrandt #BitcoinPrediction #priceprediction #BitcoinTo100K #BTC
Bitcoin Eyes $100K as Resistance Nears: Ready for the Breakout?
Bitcoin is gearing up to break into six-figure territory! With BTC now at $65,635, just shy of the crucial $68,000 level, a surge beyond could see Bitcoin setting new records. Analyst Peter DiCarlo suggests we may witness a massive parabolic move in Q4 2024 if this resistance is cleared.
October’s 28.52% rally already has investors thrilled—imagine what a push to $100,000 could do! The $HMSTR frenzy is also rising in Binance Launchpool, combining momentum with DeFi innovations.
As Bitcoin gets ready for its next big leap, are you buckled up for the ride to $100K?
#BTCRebounds #BTCPredictedNewATH #BinanceLaunchpool #CryptoBreakout #BitcoinTo100K
Bitcoin is gearing up to break into six-figure territory! With BTC now at $65,635, just shy of the crucial $68,000 level, a surge beyond could see Bitcoin setting new records. Analyst Peter DiCarlo suggests we may witness a massive parabolic move in Q4 2024 if this resistance is cleared.
October’s 28.52% rally already has investors thrilled—imagine what a push to $100,000 could do! The $HMSTR frenzy is also rising in Binance Launchpool, combining momentum with DeFi innovations.
As Bitcoin gets ready for its next big leap, are you buckled up for the ride to $100K?
#BTCRebounds #BTCPredictedNewATH #BinanceLaunchpool #CryptoBreakout #BitcoinTo100K
Bitcoin is trading near $69,500 after an impressive 30% surge since early September! 🚀 The MACD (Moving Average Convergence Divergence), a key momentum indicator, is back in bull territory, hinting at another breakout. Analysts predict Bitcoin could smash through $70,000 and race towards 100K by year-end. What’s driving this rally? Potential U.S. Fed rate cuts and rising pro-crypto sentiment. 🌟 Could this be Bitcoin’s next historic move? Stay tuned for updates! #BitcoinTo100K #bitcoin☀️ #Bitcoin❗ #BTC500K #CryptoNewsCommunity #BTCPriceSurge #CryptoBullRun $BTC