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BitcoinBuzz data as of 5:13pm ET on June 05, 2024 $BTC $BTC $ETH
BitcoinBuzz data as of 5:13pm ET on June 05, 2024

$BTC $BTC $ETH
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Bullish
BTC price approaches $72K: $BTC The price of bitcoin surged to nearly $72K on Wednesday after US spot bitcoin ETFs recorded their second highest single day of net inflows. President Biden vetoes a bipartisan resolution aiming to reverse an SEC rule on crypto custody services: The White House said the resolution would “jeopardize the well-being of consumers.” Robinhood buys exchange: Robinhood announced Thursday it has agreed to acquire Bitstamp, a European crypto exchange, for around $200 million. MicroStrategy and its chairman Michael Saylor have settled tax fraud allegations for $40M: The company’s stock subsequently jumped more than 3% on Wednesday; the company maintains nearly $15B in BTC holdings. Changpeng "CZ" Zhao, founder of Binance, started a four-month prison term in Santa Barbara, California: CZ admitted to violating the Bank Secrecy Act (BSA) in November. Shares in GameStop surged 21%: Keith Gill, "Roaring Kitty," revealed a $116M stake in the company, driving renewed investor interest and trading activity.
BTC price approaches $72K: $BTC The price of bitcoin surged to nearly $72K on Wednesday after US spot bitcoin ETFs recorded their second highest single day of net inflows.

President Biden vetoes a bipartisan resolution aiming to reverse an SEC rule on crypto custody services: The White House said the resolution would “jeopardize the well-being of consumers.”

Robinhood buys exchange: Robinhood announced Thursday it has agreed to acquire Bitstamp, a European crypto exchange, for around $200 million.

MicroStrategy and its chairman Michael Saylor have settled tax fraud allegations for $40M: The company’s stock subsequently jumped more than 3% on Wednesday; the company maintains nearly $15B in BTC holdings.

Changpeng "CZ" Zhao, founder of Binance, started a four-month prison term in Santa Barbara, California: CZ admitted to violating the Bank Secrecy Act (BSA) in November.

Shares in GameStop surged 21%: Keith Gill, "Roaring Kitty," revealed a $116M stake in the company, driving renewed investor interest and trading activity.
$LINK Broke Out From The Corrective Pattern During the last month LINK was developing inside a type of triangle and was not showing any direction. Yesterday the price broke out of this consolidation showing strong bullish volume. Furthermore, the daily candle managed to close above the pattern and was very bullish, thus appearing for a stronger bullish moment. We can see the LINK to test the previous areas of the structure You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ #notcoin #CMEBitcoinSpotTrading #altcoins #BlackRock
$LINK Broke Out From The Corrective Pattern

During the last month LINK was developing inside a type of triangle and was not showing any direction.

Yesterday the price broke out of this consolidation showing strong bullish volume.

Furthermore, the daily candle managed to close above the pattern and was very bullish, thus appearing for a stronger bullish moment.

We can see the LINK to test the previous areas of the structure

You may find more details in the chart!
Thank you and Good Luck!

❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️

#notcoin #CMEBitcoinSpotTrading #altcoins #BlackRock
$FLOKI has hit the #1 LunarCrush AltRank on leading combined social and market activity... May 11 Average relative social and market activity starts to pick up while fluctuating dramatically, yielding an AltRank of 977. May 13 Social activity continued to accelerate, strengthening AltRank to a rank of 69. May 16 Social activity, trading volume, and price are all firing higher, yielding an AltRank of 1.🏆
$FLOKI has hit the #1 LunarCrush AltRank on leading combined social and market activity...

May 11
Average relative social and market activity starts to pick up while fluctuating dramatically, yielding an AltRank of 977.

May 13
Social activity continued to accelerate, strengthening AltRank to a rank of 69.

May 16
Social activity, trading volume, and price are all firing higher, yielding an AltRank of 1.🏆
What Is Technical Analysis??Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. It is primarily used to forecast the direction of prices through the study of past market data, primarily price and volume. Technical analysts believe that market trends, as shown by charts and other technical indicators, can predict future activity. They use a variety of tools and techniques to analyze the market and identify trading opportunities. One common tool in technical analysis is the use of technical indicators. Technical indicators are mathematical calculations based on market data, such as price and volume, that are used to forecast future price movements. Some common technical indicators include moving averages, relative strength index (RSI), and stochastic oscillator. Technical analysts also use various chart patterns to forecast price movements. These patterns, such as head and shoulders and triangles, are formed by the price action of a security and can be used to identify buying and selling opportunities.

What Is Technical Analysis??

Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. It is primarily used to forecast the direction of prices through the study of past market data, primarily price and volume.

Technical analysts believe that market trends, as shown by charts and other technical indicators, can predict future activity. They use a variety of tools and techniques to analyze the market and identify trading opportunities.

One common tool in technical analysis is the use of technical indicators. Technical indicators are mathematical calculations based on market data, such as price and volume, that are used to forecast future price movements. Some common technical indicators include moving averages, relative strength index (RSI), and stochastic oscillator.

Technical analysts also use various chart patterns to forecast price movements. These patterns, such as head and shoulders and triangles, are formed by the price action of a security and can be used to identify buying and selling opportunities.
GalaSwap has surpassed over $100M in trade volume since its release! 👏👏 #GalaSwap #GalaChain $GALA
GalaSwap has surpassed over $100M in trade volume since its release! 👏👏

#GalaSwap #GalaChain $GALA
Bitcoin Super Prediction Currently, Bitcoin has broken below the $59,678 level, with minor support near $59,005. Trend analysis suggests that the price is likely to continue falling. If it breaks the critical support level of $52,000, it could potentially decline further towards $42,000. Although the probability of reaching $42,000 is relatively low, falling to $52,000 is more likely.
Bitcoin Super Prediction

Currently, Bitcoin has broken below the $59,678 level, with minor support near $59,005. Trend analysis suggests that the price is likely to continue falling. If it breaks the critical support level of $52,000, it could potentially decline further towards $42,000. Although the probability of reaching $42,000 is relatively low, falling to $52,000 is more likely.
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Comment below Who those Followed this?
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Bearish
The lowest price paid for Loom Network (NEW) (LOOM) is $0.03185907, which was recorded on Jun 15, 2022 (over 1 year). Comparatively, the current price is 964.72% higher than the all-time low price.

Based on our technical indicators, Loom Network's 200-day SMA will rise in the next month and will hit $ 0.109161 by Nov , 2023. Loom Network's short-term 50-Day SMA is estimated to hit $ 0.289114 by Nov , 2023.
#Cointelegraph posted The #SEC approved the #ishares #Bitcoin     spot ETF, then amended it to reportedly, and eventually deleted the tweet, causing a big #BTC    push that peaked $30,700, liquidated roughly $65 million, and then dropped back to $28,000. Now It's Trading on $BTC
#Cointelegraph posted The #SEC approved the #ishares #Bitcoin     spot ETF, then amended it to reportedly, and eventually deleted the tweet, causing a big #BTC    push that peaked $30,700, liquidated roughly $65 million, and then dropped back to $28,000.

Now It's Trading on $BTC
Fake BlackRock Bitcoin ETF approval news spreading around and cause false hype $BTC #Bitcoin imagine if the ETF news were real If it get approved the bull run will have begun🤌
Fake BlackRock Bitcoin ETF approval news spreading around and cause false hype $BTC #Bitcoin

imagine if the ETF news were real

If it get approved the bull run will have begun🤌
Who those followed this?
Who those followed this?
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Bearish
$ZRX The daily exchange rate of ZRX to USD fluctuated between a high of $0.240610 on Sunday and a low of $0.187517 on Friday in the last 7 days. Within the week, the price of ZRX in USD had the largest 24-hour price movement on Sunday by $0.03571249 (17.4%).
$ZRX The daily exchange rate of ZRX to USD fluctuated between a high of $0.240610 on Sunday and a low of $0.187517 on Friday in the last 7 days. Within the week, the price of ZRX in USD had the largest 24-hour price movement on Sunday by $0.03571249 (17.4%).
$ZRX The daily exchange rate of ZRX to USD fluctuated between a high of $0.240610 on Sunday and a low of $0.187517 on Friday in the last 7 days. Within the week, the price of ZRX in USD had the largest 24-hour price movement on Sunday by $0.03571249 (17.4%).
The lowest price paid for Loom Network (NEW) (LOOM) is $0.03185907, which was recorded on Jun 15, 2022 (over 1 year). Comparatively, the current price is 964.72% higher than the all-time low price. Based on our technical indicators, Loom Network's 200-day SMA will rise in the next month and will hit $ 0.109161 by Nov , 2023. Loom Network's short-term 50-Day SMA is estimated to hit $ 0.289114 by Nov , 2023.
The lowest price paid for Loom Network (NEW) (LOOM) is $0.03185907, which was recorded on Jun 15, 2022 (over 1 year). Comparatively, the current price is 964.72% higher than the all-time low price.

Based on our technical indicators, Loom Network's 200-day SMA will rise in the next month and will hit $ 0.109161 by Nov , 2023. Loom Network's short-term 50-Day SMA is estimated to hit $ 0.289114 by Nov , 2023.
0.55
54%
0.15
46%
303 votes • Voting closed
Loom Network (LOOM) has displayed impressive resilience, surging 81% in price over the past week and securing its position as the 91st largest crypto by market capitalization. Loom broke fib. Next is 1.61 (or its a big fake out) but weird all market dump or on sideways and one coin without any reason, fundamental, partnerships just made a new all time high sin 2019. All-time high May 04, 2018 (5 years ago) $0.7745-57.03% All-time low Mar 13, 2020 (4 years ago) $0.007666+4241.09% $LOOM Price Prediction As of October 14th, the price of Loom Network stands at $0.29, boasting a 24-hour trading volume of $790.51 million and a market capitalization of $339.42 million. Over the past 24 hours, $LOOM’s price has surged by 10.57%. This price movement presents an attractive opportunity for scalpers, who engage in rapid buying and selling to secure modest gains. Nevertheless, traders should exercise caution due to indications of potential market manipulation. Despite its promising performance, $LOOM’s price remains susceptible to market fluctuations. The next target is set at $0.32 if the current momentum persists. However, for a bullish trajectory, $LOOM must maintain support at $0.23. A breach of this level could signify a reversal, leading to a retreat back to $0.14. $LOOM
Loom Network (LOOM) has displayed impressive resilience, surging 81% in price over the past week and securing its position as the 91st largest crypto by market capitalization.
Loom broke fib. Next is 1.61 (or its a big fake out) but weird all market dump or on sideways and one coin without any reason, fundamental, partnerships just made a new all time high sin 2019.
All-time high May 04, 2018 (5 years ago) $0.7745-57.03%
All-time low Mar 13, 2020 (4 years ago) $0.007666+4241.09%

$LOOM Price Prediction

As of October 14th, the price of Loom Network stands at $0.29, boasting a 24-hour trading volume of $790.51 million and a market capitalization of $339.42 million. Over the past 24 hours, $LOOM ’s price has surged by 10.57%.
This price movement presents an attractive opportunity for scalpers, who engage in rapid buying and selling to secure modest gains. Nevertheless, traders should exercise caution due to indications of potential market manipulation.
Despite its promising performance, $LOOM ’s price remains susceptible to market fluctuations. The next target is set at $0.32 if the current momentum persists. However, for a bullish trajectory, $LOOM must maintain support at $0.23. A breach of this level could signify a reversal, leading to a retreat back to $0.14.
$LOOM
more than 73% of users are feeling good about Big Time (BIGTIME) today.
more than 73% of users are feeling good about Big Time (BIGTIME) today.
#Remember US PPI data to be released on Wednesday US CPI data coming on Thursday, and Chinese CPI on Friday, This Week Wednesday 11/10 : PPI Thursday 12/10 : US CPI Friday 13/10 : Chinese CPI
#Remember

US PPI data to be released on Wednesday

US CPI data coming on Thursday,
and

Chinese CPI on Friday,

This Week

Wednesday 11/10 : PPI
Thursday 12/10 : US CPI
Friday 13/10 : Chinese CPI
BTC 25500
64%
BTC 22000
36%
107 votes • Voting closed
first very strong support is $0.59 $MATIC but when the price drops below we can see a drop to the support of $0.31. Looking the other way, we see that the price has rebounded from the first significant resistance at $ 0.90, which so far has no strength to break. then second resistance is at $1.03, then we have another resistance zone from $1.16 to $1.34, then strong resistance at $1.56.
first very strong support is $0.59 $MATIC
but when the price drops below we can see a drop to the support of $0.31.
Looking the other way, we see that the price has rebounded from the first significant resistance at $ 0.90, which so far has no strength to break. then second resistance is at $1.03, then we have another resistance zone from $1.16 to $1.34, then strong resistance at $1.56.
FOMC results today at 11:30 PM IST / 2PM EST. 99% of the market participants are expecting no hike/pause. If the results are as expected then we can see a neutral price action while if there is a hike, it could be bearish.
FOMC results today at 11:30 PM IST / 2PM EST.

99% of the market participants are expecting no hike/pause. If the results are as expected then we can see a neutral price action while if there is a hike, it could be bearish.
⚡️SPELL/USDT $SPELL ➡️Entry Targets : 1) 0.0006334 ➡️Leverage : 20X [ Cross ] 📌Take-Profit Targets: 1) 0.0005757 💲 60% 2) 0.0005200 💲 40% Manage Your Risk Accordingly ✔️ 📌 EXCHANGE  - BINANCE ✔️
⚡️SPELL/USDT $SPELL

➡️Entry Targets :
1) 0.0006334

➡️Leverage : 20X [ Cross ]

📌Take-Profit Targets:

1) 0.0005757 💲 60%
2) 0.0005200 💲 40%

Manage Your Risk Accordingly ✔️

📌 EXCHANGE  - BINANCE ✔️
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