🚀 **Bitcoin's Golden Cross: A Bullish Signal Amid Rising Treasury Yields?**
Bitcoin enthusiasts, get ready! BTC's daily chart is showing an impending "golden cross," where the 50-day SMA is set to move above the 200-day SMA. Historically, this pattern has signaled major bull runs, with past instances leading to triple-digit percentage returns.
Despite concerns over rising U.S. Treasury yields and potential Fed policy mistakes, TS Lombard suggests these fears might be overblown. The firm argues that the recent rate cuts won't restoke inflation like in 1967, and the path of least resistance for Bitcoin remains upward.
What do you think? Is Bitcoin poised for another bull run? Share your thoughts in the comments! 💬
Currently on the Main Stage we have a panel on Accelerating Blockchain Adoption in Enterprise: Key Product Drivers. ⛓️
Speakers include Alex Apeldoorn from @Cardano_CF, Dr. Bernhard Kronfellner from @BCG, Jon Woodard of @WolframResearch, Sunny Lu of @vechainofficial, Dan Danay of Check Point , and May Ben Khadra from @CNBCArabia for a fantastic discussion.
Sunny Lu emphasized that: "VeChain initially operated like a trojan horse, making our solution appealing to enterprises through incremental change," and that "The Cardano community rocks!" 🌟
📉 Bitcoin Daily 📈
NO RAID - NO TRADE. Easy to remember. Since no changes on the chart, today's $BTC review will be educational.
What does this phrase actually mean? It means that without hunting for liquidity, price has no reasons to reverse from current trend/choppy stage. Where is liquidity? It can be found where most stops are, plus add to this liquidations for leveraged positions that don't place stops. All those people flexing with 50-200x leverage - they are the first in the line.
🚷20x leverage: You use 5% margin. To liquidate, the price needs to drop ~4.5% from the entry.
🚯50x leverage: You use 2% margin. Liquidation happens at ~1.8% drop from entry.
🚭100x leverage: You use 1% margin. Liquidation occurs at ~0.9% price drop.
🚱200x leverage: You use 0.5% margin. Price needs to drop ~0.45% to liquidate.
{future}(BTCUSDT)
So lets assume these guys took very very good entries on the last dip to ~66536. Those with 200x will be liquidated at ~66245, with 100x at 65950, with 50x at 65350 and 20x at 63600. Obviously those 100-200x with worse entries, who jumped in FOMO way higher, were already wiped out.
My weekend's forecast stay valid - 65500-66500 zone is the least we may expect. High chances for Day gap equilibrium at 64k.
#Bitcoin #BTC #BTC☀
Bitcoin Retail Demand Rises 13% in 1 Month: Q4 2024 Rally?
Bitcoin (BTC) retail on-chain activity is rising after four months of decline.
Will Retail Participation Help Bitcoin?
On-chain analytics platform CryptoQuant found that BTC transactions under $10,000 are growing, indicating a market change from risk-averse to risk-on.
Tracking transactions under $10,000 indicates retail activity. Retail activity is typically influenced by market emotion and headlines, not fundamentals and long-term outlooks.
Retail demand for Bitcoin faltered following its March 2024 all-time high (ATH), according to the study. Retail demand has grown 13% in 30 days and might expand more.
BTC rose 7% from $63,142 on September 22 to $67,346 on October 22. BTC may rise in Q4 2024 due to growing retail on-chain activity and pricing.
After Iran's attack on Israel this month, BTC and other cryptocurrencies recovered quickly, indicating a return to risk-on behavior in the digital asset market.
Over the last four months, retail on-chain activity decreased, while institutional investors maintained “a high amount of transactions and absorption of coins.” The study partially states:
The current spike in bitcoin is encouraging small investors to trade again, indicating a shift toward lesser risk aversion.
Is Q4 2024 Rally Coming?
Bitcoin retail on-chain activity is positive, suggesting retail investors are again interested in the top digital currency. However, the US presidential elections may increase BTC price volatility.
Several crypto researchers and trading businesses believe the US presidential elections will determine a Q4 2024 boom.
Bitwise CIO Matt Hougan said “anything other than a Democratic sweep” would help BTC reach $80,000 in Q4 2024.
Bitcoin dominance, a crypto market share statistic, reached 58.9%, a cycle high. This is good for BTC's price, but more dominance might hurt altcoins. Q4 2024 may see a fresh BTC ATH but subdued altcoin returns.
Retail demand for digital assets may be geography-specific, not global.
#UptoberBTC70K? $BTC #BTC
{spot}(BTCUSDT)
$RAD
The RAD has been on an upward trajectory, recently reaching a high of 1.49, with its current price hovering near this peak. This surge indicates strong buying pressure and potential continuation.
Retreating to its recent low of 1.13, the RAD has demonstrated resilience, rebounding by 31% to challenge its highs. This impressive recovery suggests robust demand and potential upside.
Critical levels to watch are the support of 1.13 and resistance at 1.49. A breakout above 1.49 could propel RAD toward 1.65-1.75, while a reversal below 1.13 may trigger a decline to 1.00-1.05.
Market sentiment appears decidedly bullish, favoring further gains. Monitoring RAD's movement relative to these key levels will provide valuable insights into its next move.
#rad #ScrollOnBinance #XRPDonationsUSElections #UptoberBTC70K? #APTSurpassesSUI
**Bitcoin ETFs: A Rollercoaster Ride! 🎢**
- Institutional investors hit the brakes on their Bitcoin (BTC) buying spree as BTC price action takes a breather.
- US spot Bitcoin ETFs saw net negative inflows for the first time in two weeks, dropping $79.1M on Oct. 22.
- The ARK 21Shares Bitcoin ETF led the outflows, shedding $134M, while BlackRock’s iShares Bitcoin ETF managed a modest $43M inflow.
- Despite the dip, ETFs remain a hot topic, with institutional ownership now around 20%.
- European investors have also jumped on the bandwagon, contributing over $100M YTD.
- Total assets under management hit a record $65B, making ETFs a key liquidity driver.
*Disclaimer: This article does not contain investment advice.*
🚀 Bitcoin ETFs: A Rollercoaster Ride! 🎢
Bitcoin (BTC) institutional investors have hit the pause button on their buying spree, as BTC price action consolidates. Data from Farside Investors reveals that US spot Bitcoin ETFs turned net negative for the first time in two weeks, shedding $79.1 million on Oct. 22.
- ARK 21Shares Bitcoin ETF led the outflows with $134 million.
- BlackRock’s iShares Bitcoin ETF saw $43 million in inflows, a sharp drop from $329 million the day before.
Despite the hiccup, institutional interest remains strong, with ETFs driving liquidity and accessibility.
What's your take? Comment below! 💬
Mastering Strong Trends with EMA: Spotting Winning Coins in Bull & Bear Markets
In volatile markets—whether bullish or bearish—identifying the strongest performers is key. To maximize profits, EMA (Exponential Moving Average) can be your secret weapon for catching the best opportunities. Here’s how to use it effectively:
1️⃣ 4-Hour EMA for Scalping
For short-term trades, the 4-hour EMA is ideal. It helps identify coins with strong momentum shifts, giving scalpers a fast edge to enter and exit positions. When a coin stays above the 4-hour EMA in an uptrend, it’s a clear buy signal. Similarly, in a downtrend, trading below the EMA can signal selling pressure.
2️⃣ Daily EMA for Midterm Trading
Looking to ride trends over several days or weeks? The daily EMA is your go-to. Coins consistently trading above the daily EMA during bull markets often continue their climb. In bearish markets, sticking below the daily EMA suggests further downside, helping traders align with the broader trend.
3️⃣ EMA as a Strength Detector
Whether in a strong bull market or an unforgiving bear market, the key is to chase strength. EMA allows you to filter out weak performers and focus on those with sustainable momentum. This strategy ensures that you’re always positioned with the market’s strongest coins, avoiding underperformers.
By using 4-hour and daily EMA strategically, you can adjust your tactics between scalping quick moves and holding midterm positions, staying ahead of the market and maximizing gains.
🆘 ĐỪNG BẮT ĐÁY 🆘
Hôm nay Binance đã thông báo chính thức huỷ giao dịch 3 token $OOKI $UNFI $KP3R. Trong giai đoạn chờ delist khỏi sàn thì khả năng rất cao team dự án, quỹ đang còn nắm giữ 3 token trên sẽ có đợt bơm thổi giá để thoát hàng, vì vậy tôi khuyên mọi người không nên mua vào hay fomo bởi những cây nến xanh lừa dối nhà đầu tư. Cuộc chơi càng ngày càng khốc liệt cho altcoin, đặc biệt altcoin lowcap khi đa phần đều hết vốn, hoạt động cầm cự và dần dần từ bỏ dự án dẫn đến việc bị delist trên các sàn giao dịch, tuy nhiên điều đáng buồn là rất có thể đội ngũ dự án lại đang ẩn mình chờ cơ hội tạo dự án mới và tiếp tục câu chuyện lùa gà cho mùa tiếp theo.
Chú ý: Bài viết là góc nhìn cá nhân, không phải lời khuyên đầu tư. #hotTrends #MarketDownturn
**Bitcoin ETF Inflows Turn Negative Amid Price Consolidation**
Institutional investors have hit pause on their Bitcoin buying spree as BTC price action consolidates. Data from UK-based Farside Investors shows that inflows to US spot Bitcoin ETFs turned net negative on October 22, marking the first dip in two weeks.
- **Key Points:**
- US ETF inflows dropped by $79.1 million in one day.
- The ARK 21Shares Bitcoin ETF saw outflows of $134 million.
- BlackRock’s iShares Bitcoin ETF managed $43 million in inflows, down from $329 million the previous day.
Despite this, the ETFs have been a major story in the crypto market, with institutional ownership now around 20%. European investors have also allocated over $100 million to US products this year. Last week, net inflows crossed the $20 billion milestone, with total assets under management hitting a record $65 billion.
In Q3, US-based Bitcoin ETFs saw over $5 billion in net inflows, highlighting strong institutional demand for Bitcoin exposure. These ETFs are now key drivers of liquidity and accessibility in the market.
$ETH Below $3,300—A Hidden Gem in the Making
I’m sticking to my strategy: buy ETH on every dip. With BlackRock quietly accumulating Ethereum, it’s clear they see the long-term value, and so do I. Sure, I can’t compete with giants like BlackRock, but I’ve got one thing—patience.
Right now, the sentiment around Ethereum is at rock bottom. From a price perspective, it’s disappointing—no matter how much value it holds, investors only see losses as failure.
Even Vitalik Buterin has stepped up several times this year to defend Ethereum, but the market hasn’t rewarded his efforts. Instead, ETH has kept sliding, possibly because of Ethereum Foundation’s selling activities. While these sales fund operations, the market isn’t rational at moments like this.
On top of that, Grayscale’s constant ETHE sell-offs are adding fuel to the fire, putting even more downward pressure on the price.
It’s just like in the world of influencers—once the narrative shifts, everyone jumps on the bandwagon. Criticizing ETH now is the trend, but real investors know the true value is hidden beneath the noise.
However, ETH has one urgent issue: if the burn mechanism isn’t improved, there’s a risk of token inflation, which would be a massive blow to Ethereum’s value proposition. But let’s be real—this isn’t a reason to dismiss Ethereum as “garbage.” It’s simply a challenge to overcome on its path to greatness.
In the crypto world, only two gods exist—Satoshi and Vitalik. Under Vitalik’s leadership, Ethereum will likely lead the next bull run. Don’t let short-term negativity blind you from the long-term opportunity.
⚠️ Major Crash Incoming? $BTC Could Plummet to $35,720!
Alan Santana, a prominent crypto analyst, has made a shocking prediction—Bitcoin might plunge to $35,720 soon. And he has solid reasons to back his call. Let’s break it down:
1️⃣ Weak Buying Momentum
Despite a 75-day bullish run, Bitcoin failed to hit new highs. The inability to maintain upward pressure and falling below the critical $70,000 mark hints at what Santana calls a “reversal correction.”
2️⃣ Whale Investors Holding Back
Whales—those with massive holdings capable of shifting the market—have gone quiet. Their hesitation is a red flag, as the absence of whale activity reduces the chance of significant price rallies. Without whale support, the market feels stuck in neutral.
3️⃣ Market Manipulation in Play?
Santana also points to manipulative actors as a major reason for Bitcoin’s recent volatility. In crypto markets, certain players exploit price swings for profit, undermining market stability and fairness.
💡 Investor Takeaway:
Santana’s forecast is controversial, but it’s a timely reminder—stay alert. Bitcoin’s unpredictable nature demands discipline and caution. In a market filled with opportunities and risks, only the sharpest survive.
Will Bitcoin tumble to $35,720? Or is this just another bear trap? Stay vigilant, folks—this could be the moment that defines the market.
Supper tope gainer $RAD
Technical Analysis Update:In today’s market, we’re observing some intriguing movements across key cryptocurrencies. Here’s a breakdown with three target levels to watch:1. $RAD
{spot}(RADUSDT)
(Radicle): Currently priced at $1.468. After a robust 26.66% increase, we’re eyeing the following targets:First Target ($1.50): A psychological resistance level that could attract profit-taking.Second Target ($1.75): If momentum persists, a breakthrough here could signal further bullish action.Third Target ($2.00): A significant milestone, representing a 36% increase from current levels.2. SCR (Scream): Trading at $0.993 with a gain of 24.12%. Keep an eye on these targets:First Target ($1.00): A critical level that might induce selling pressure.Second Target ($1.10): A potential breakout point, suggesting continued upward momentum.Third Target ($1.20): A significant resistance area where traders might reassess positions.3. SLP (Smooth Love Potion): Now at $0.002981, up by 13.13%. The following targets are notable:First Target ($0.0030): A key level for short-term traders.Second Target ($0.0035): A breakout could lead to a stronger rally.Third Target ($0.0040): Represents a notable resistance zone where selling may intensify.As always, keep an eye on market sentiment and volume, as these factors can significantly impact price movements. Happy trading!Let me know if you’d like to make any adjustments!
🚀 Big news from MakerDAO! The community is gearing up for a major debate on dropping the Sky brand after a mixed reception. A formal governance poll is set for November 4. 📅
The USDS stablecoin, launched in August, has been a hit with $1.2B in supply and a 6.5% savings rate. But the Sky token hasn't met growth expectations, and MKR holders are feeling the pinch.
Rune Christensen outlined three options: stick with Sky, return to Maker's roots, or refresh the Maker brand.
What do you think? Should MakerDAO revert to its original identity or push forward with Sky? Share your thoughts below! #DeFi #CryptoNews
🚀 Crypto News Flash! 🚀
As October unfolds, the crypto market reveals fresh opportunities. XRP, ADA, and emerging contender CYBRO are drawing investor interest for their growth potential.
🔹 **CYBRO Presale**: Surpasses $3M! This next-gen DeFi platform offers a potential ROI of 1200%. With only 21% of tokens left, now's the time to dive in!
🔹 **XRP**: Fast, low-cost, and ideal for borderless payments. A decentralized system with secure transactions.
🔹 **Cardano (ADA)**: Sustainable, scalable blockchain for smart contracts. Energy-efficient and highly capable.
🔹 **Kaspa**: Innovative PoW crypto with blockDAG tech, ensuring high block rates and short confirmation times.
💬 What do you think? Share your thoughts in the comments!