**Bitcoin's Rollercoaster Ride: Analysts Eye New Highs Amid Volatility**
Bitcoin is on a thrilling ride, with analysts setting sights just below its all-time high of $73,679. Despite its recent push above $69,000, experts warn of potential volatility ahead.
Jonathan de Wet from ZeroCap notes Bitcoin's strong technical structure, having broken a descending trendline since June. Currently trading at $67,054, Bitcoin has seen a slight dip of 0.40% since October 21.
However, geopolitical risks, especially from China and the Middle East, could cause short-term pullbacks, warns Coinstash's Mena Theodorou. Despite this, Bitcoin spiked above $69,000 recently, hinting at a promising week ahead.
De Wet predicts that clearing the $70,000 mark could lead to a swift rise to $72,000, though some turbulence is expected before breaking the all-time high. The surge is partly driven by increased demand for Bitcoin ETFs in the US, with investors buying BTC faster than it can be mined.
Stay tuned as Bitcoin navigates this volatile yet exciting path!
$𝟏𝟎𝟎𝟎 𝐀𝐈𝐑𝐃𝐑𝐎𝐏 𝐎𝐍 𝐀𝐏𝐓𝐎𝐒 𝐍𝐅𝐓 👇🧵
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*Here's the latest analysis update for SUNUSDT:*📌👆🏾
Technical Analysis
The overall technical rating for SUNUSDT is neutral, with oscillators showing a neutral signal and moving averages indicating a strong sell signal. However, some analysts believe that SUNUSDT is showing signs of strength after a period of consolidation, with a potential U-shaped bottom formation that could signal the end of a downtrend.
Trade Ideas
Some potential trade ideas for SUNUSDT include:
- Long Position: Buying at $0.025-$0.027, with a target of 80-100% and a stop loss at $0.024.
- Breakout Alert: SUNUSDT has broken out of a bull flag structure on the daily time frame, holding above the flag and signaling a bullish move.
- Falling Wedge Pattern: A clear falling wedge pattern is forming, with a potential breakout to the upside.
Key Levels
Some key levels to watch for SUNUSDT include:
- Resistance: $0.028, $0.038
- Support: $0.016, $0.022
Keep in mind that market conditions can change rapidly, and it's essential to consider other factors and conduct thorough analysis before making investment decisions. Always use stop-loss and manage your risk. For more updates and analysis, check out Binance.
$SUN
{future}(SUNUSDT)
#ScrollOnBinance
The $SUI /USDT pair is currently trading at 1.9273 USDT on the 15-minute chart, experiencing a 4.68% decline for the day.
The resistance level is set at 1.9836 USDT, while support lies at 1.8758 USDT. For traders seeking an entry, consider a position around the current price, with a long setup to target a potential rebound.
The first take-profit level (TP1) can be placed at 1.9500 USDT, the second take-profit (TP2) at 1.9700 USDT, and the third take-profit (TP3) at 1.9836 USDT.
The stop-loss (SL) should be set just below the support level at 1.8700 USDT to minimize downside risk in case of further decline.
#Therapydogcoin #ScrollOnBinance #UptoberBTC70K? #XRPDonationsUSElections #APESurge
{spot}(SUIUSDT)
🚨 $1MBABYDOGE /USDT: READY FOR A BREAKOUT OR BREAKDOWN? WATCH CLOSELY! 🚨
The 1MBABYDOGE/USDT is currently hovering around 0.0029742 USDT, showing a slight upward momentum (+0.60%) after bouncing off the support level. A descending channel is forming, and we are approaching a decision point.
💡 CRITICAL LEVELS TO WATCH:
• Resistance: 0.0030800 USDT – A clean breakout above this line could lead to a surge, opening doors for a longer rally toward 0.0032000 USDT.
• Support: 0.0029256 USDT – A breakdown below this key level would likely trigger further drops, with a short-term target of 0.0029000 USDT or lower.
🚀 LONG ENTRY: Consider entering around 0.0029742 USDT with a target at 0.0030800 USDT and a stop loss at 0.0029200 USDT.
⚠️ SHORT ENTRY: Enter below 0.0029256 USDT if the price fails to hold, aiming for a lower target of 0.0029000 USDT. Stop loss should be set around 0.0029500 USDT.
The trend is currently showing lower highs, suggesting bearish pressure, but a breakout could shift momentum rapidly. Keep your eyes on volume and volatility to anticipate the next major move!
{spot}(1MBABYDOGEUSDT)
#CMEBTCFuturesRecordHigh #APESurge #XRPDonationsUSElections #UptoberBTC70K? #ScrollOnBinance
NULSUSDT analysis update!
Currently, the price of NULS/USDT is $0.3423, with a 1.30% increase in the past 24 hours. The weekly performance shows a -2.19% decrease, and the monthly performance shows a -11.97% decrease.
Technical Analysis
The Oscillators rating is neutral, indicating a potential buy signal. The Moving Averages rating is also neutral, suggesting a mix of buy and sell signals.
Trade Ideas
Some analysts suggest buying NULS/USDT at the current market price of $0.42, using only 4% of your wallet. Others recommend buying at $0.42-$0.40, with target prices of $0.51, $0.54, and $0.62.
Resistance Levels
The local resistance level is $0.4596, and NULS needs to break the upper trendline to turn bullish.
Keep in mind that market conditions can change rapidly, and it's essential to consider other factors and conduct thorough analysis before making investment decisions. Always use stop-loss and manage your risk. For more updates and analysis, check out Binance..
{future}(NULSUSDT)
#NULSTOTHEMOON
*🐋 Whales Accumulate Shiba Inu and Pepe Despite Meme Coin Struggles:*
Whale investors are heavily accumulating Shiba Inu (SHIB) and Pepe (PEPE), signaling confidence in the meme coin sector despite price dips. SHIB is up 6.8%, and PEPE has gained 10.4% over the week, showing resilience in a volatile market. 🔥
Despite the current struggles of meme coins, whales have been accumulating Shiba Inu (SHIB) and Pepe (PEPE). This development suggests that large investors are betting on a potential rebound.
Key Highlights:
- Whales purchase large amounts of SHIB and PEPE.
- Accumulation occurs amidst market downturn.
- Potential rebound anticipated.
Market Analysis:
- SHIB's price: $0.00001133 (1.45% increase in 24 hours)
- PEPE's price: $0.00000143 (2.15% increase in 24 hours)
- Trading volumes: SHIB ($235M), PEPE ($12M)
On-Chain Metrics:
- SHIB's whale transactions (> $100K): 35% increase in 24 hours
- PEPE's whale transactions (> $50K): 25% increase in 24 hours
Community Sentiment:
- Optimism grows among SHIB and PEPE holders.
- Anticipation builds for potential price surge.
Keep in mind that market conditions can change rapidly. Always conduct thorough research and consider multiple sources before making investment decisions.
$PEPE
$SHIB
{spot}(PEPEUSDT)
#mememcoinseason2024 #UptoberBTC70K?
🚀 **Crypto Whales Dive into Pepe Unchained!** 🚀
Pepe Unchained (PEPU) has raised a whopping $21.5M in its ICO, with $500K added in just the last 24 hours! 🐋 Big investors are snapping up PEPU tokens, driving excitement for its upcoming DEX listing.
Key Highlights:
- Whale activity surges, with one wallet spending 19.8 ETH (~$52K) on PEPU.
- Flexible payment options: ETH, USDT, BNB, or credit card.
- Unique Layer-2 blockchain, "Pepe Chain," promises 100x faster transactions than Ethereum.
- Staking platform offers 104% APYs.
- Two security audits completed, gaining mainstream appeal.
Join the discussion! What are your thoughts on Pepe Unchained's potential? 💬
#CryptoNews #PepeUnchained #Blockchain
5Avoiding Confirmation Bias
Biases influence all human decision-making, so it’s important to be aware of how these preconceived notions can influence our behaviour and choices. Here are a few tips on how to reduce confirmation bias
Allow yourself to be wrong: If you want to get closer to objective truths, you have to be able to admit you were wrong, especially in the face of new data. If you can’t admit defeat, it makes you incapable of discovering new avenues in the stock market.
We’re typically more aware of our assumptions than of our biases, but like biases, assumptions often keep us away from understanding the flip side. It’s risky to presume that your assumptions are correct. Always test your hypotheses. You can do this by searching out disconfirming evidence of your theories and forming factually-supported arguments with new evidence that can further prove your point. Paper trade your hypothesis before you invest your actual money.
Beware of repetition: For emphasis, for intensity, for effect, things are repeated constantly. This tactic is actually a form of brainwashing wherein you begin to think that something is true simply because you’ve heard it so many times. Be aware of repetition and be especially sceptical of what powerful people tell you again and again and again.
$BTC
{future}(BTCUSDT)
#UptoberBTC70K?
📈 Bitcoin Nears $70,000 Amid Bullish Surge:
Bitcoin is closing in on $70,000 as the U.S. election approaches, boosting market sentiment. Investors are flocking to Bitcoin due to concerns over global economic conditions, with traders predicting continued upward momentum.
Bitcoin's price surge has taken the cryptocurrency world by storm, nearing the $70,000 mark amid a bullish surge! According to recent market analysis, Bitcoin's ascent above $69,000 has triggered a broad-based rally across the crypto market, with altcoins moving higher over the last 24 hours.
The flagship cryptocurrency has risen almost 2% in a day, now trading at around $69,400, with the Crypto Fear & Greed Index staying in the "greed" zone. This optimism is fueled by heightened institutional interest and positive regulatory developments.
Key Market Highlights:
- Bitcoin's Price: $69,400, with a 2% increase in the last 24 hours
- Crypto Fear & Greed Index: Staying in the "greed" zone
- Altcoin Performance: ApeCoin (APE) rose over 60% after the launch of ApeChain, a new layer 3 blockchain
- Ethereum's Price: $2,629.77, with a 4% increase after conquering the $2,700 mark
Institutional Interest and Regulatory Developments:
Standard Chartered predicts Bitcoin may revisit its previous all-time high of $73,800 before the next US president is selected ¹. The bank expects Bitcoin's price to surge as institutional interest in Bitcoin ETFs grows and Donald Trump's election odds improve.
Would you like to know more about Bitcoin's price predictions or the current market trends?
$BTC
{future}(BTCUSDT)
#UptoberBTC70K?
🚨 $BNX /USDT Testing Crucial Levels – Prepare for a Major Move! 🚨
The BNX/USDT chart on the 15-minute timeframe is flashing strong signals of upcoming volatility. Currently sitting at $0.6896, the price is struggling to break out of a well-defined range. This tight consolidation is setting the stage for either a bullish breakout or a bearish collapse. Let’s dive into the key levels to watch!
💡 Critical Support & Resistance 💡
🚧 Resistance: $0.7023 – A break above this level could ignite a rally toward higher targets, likely pushing the price above $0.7100.
📉 Support: $0.6628 – Holding this level is crucial. A drop below here could see the price tumble toward $0.6500 or lower.
🔑 Entry Strategy
• Long Entry: Enter above $0.7023, targeting $0.7100 with a stop loss at $0.6900 to protect against a reversal.
• Short Entry: Enter below $0.6628, targeting $0.6500 with a stop loss at $0.6750.
BNX is in a decisive phase, and traders should be ready to act fast as momentum builds.
{spot}(BNXUSDT)
#SECApprovesBitcoinETFOptions #UptoberBTC70K? #ScrollOnBinance #USRetailSalesBoost #BTCSoarsTo68K
🚨$BEAMX /USDT ON THE EDGE: Key Levels for Breakout or Breakdown!🚨
The BEAMX/USDT pair is currently trading at 0.01826 USDT, showing clear consolidation after a volatile day. With the 24h high at 0.01891 USDT and a low of 0.01748 USDT, the market is gearing up for a potential move, but where’s the opportunity?
Critical Levels to Watch:
💡 Key Resistance: 0.01850 USDT – A breakout here signals a bullish push, potentially driving the price toward 0.01900 USDT. If momentum builds, we could even see a surge beyond 0.01950 USDT in the short term.
📉 Key Support: 0.01800 USDT – If the price dips below this zone, expect a fall to 0.01750 USDT, possibly opening the doors for further downside toward 0.01700 USDT.
Strategy:
• 📈 Long Entry: Above 0.01850 USDT with a target of 0.01900 USDT. Stop loss at 0.01820 USDT.
• 📉 Short Entry: Below 0.01800 USDT targeting 0.01750 USDT. Stop loss at 0.01830 USDT.
Watch these levels closely—momentum can shift fast in this tightly ranged market! Timing your entry based on breakouts or breakdowns is key to maximizing gains or minimizing risks.
{spot}(BEAMXUSDT)
#SECApprovesBitcoinETFOptions #USRetailSalesBoost #BTCSoarsTo68K #XRPDonationsUSElections
Запуск мемкойнів Tron, SunPump, допоміг збільшити дохід від блокчейну до рекордних 151,2 млн доларів США в третьому кварталі 2024 року, що на 30% більше, ніж у попередньому кварталі.
💥Понад 89 000 мемкойнів, запущених у період з 12 серпня по 30 вересня, сприяють величезному зростанню DeFi і підвищують транзакції на 487%!
💡Хоча екосистема DeFi Tron різко зросла в третьому кварталі, загальна активність у мережі дуже мала.
#DeFi #TRON #SunPump
$SUN
{spot}(SUNUSDT)
$TRX
{spot}(TRXUSDT)
📊 $APE
{spot}(APEUSDT)
/USDT Technical Analysis
APE/USDT is currently trading at 1.344, reflecting a slight drop of 0.07% in the past 24 hours. The price is facing resistance at 1.344 after reaching a daily high of 1.649 and a low of 1.336. With strong market activity, here's a quick look at potential targets to watch:
🎯 Target 1: 1.400
This first level could act as a short-term resistance. If APE/USDT breaks above 1.344, the next key test will be around 1.400. A clear move past this point may indicate bullish momentum building.
🎯 Target 2: 1.450
Sustained buying pressure could push the price towards this level, serving as a crucial resistance point. APE needs significant volume and market sentiment to test this area, which could open up opportunities for higher highs.
🎯 Target 3: 1.500
ApeCoin has seen this level before, and if momentum continues upward, traders might aim for the psychological resistance of 1.500. Crossing this threshold could signal a potential breakout, attracting more buyers into the market.
Keep an eye on these levels and watch for any changes in trading volume as they may provide clues to the next significant move!