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For the previous post #تنبية #alert
I will not give recommendations or anything or look for any followers
But I will share with you what I will buy and when I will sell
Maybe I will be the first one to say this!!!
But do not rely on me and do not consider any post I post as a recommendation to buy or sell because I am a human being who will make mistakes and be right
And in this field everyone pretends to understand, no one knows when the market will rise even if the indicators indicate that it will rise and vice versa
And my advice is that you do not rely on yourself and see what suits you and do it
And I consider the profits to be just a matter of luck and nothing more
Thank you ❤️ 🫡
I will not give recommendations or anything or look for any followers
But I will share with you what I will buy and when I will sell
Maybe I will be the first one to say this!!!
But do not rely on me and do not consider any post I post as a recommendation to buy or sell because I am a human being who will make mistakes and be right
And in this field everyone pretends to understand, no one knows when the market will rise even if the indicators indicate that it will rise and vice versa
And my advice is that you do not rely on yourself and see what suits you and do it
And I consider the profits to be just a matter of luck and nothing more
Thank you ❤️ 🫡
🚨Urgent Alert🔥💯
#CoinRank Weekly Crypto Report | (January 6–January 10)
⚠ Terra’s #dokwon faces up to 130 years in prison for fraud, including LFG manipulation and Terra misrepresentation.
🌐 Stablecoin use grows in the Middle East, driven by fintech like Fasset enabling efficient cross-border payments.
🏦 Bank of America uses $XRP for internal transactions, filing 83 #XRP-related patents.
🇺🇸 U.S. states to propose 20 "Strategic Bitcoin Reserve" bills as lawmakers push for $BTC
adoption.
📱 TONCASH secures funding from $TON
Ventures to expand Bitcoin, $USDT, and #TON payments on Telegram.
#TRUMP #trumpfactor #DOJBTCAuction #news #alert
#CoinRank Weekly Crypto Report | (January 6–January 10)
⚠ Terra’s #dokwon faces up to 130 years in prison for fraud, including LFG manipulation and Terra misrepresentation.
🌐 Stablecoin use grows in the Middle East, driven by fintech like Fasset enabling efficient cross-border payments.
🏦 Bank of America uses $XRP for internal transactions, filing 83 #XRP-related patents.
🇺🇸 U.S. states to propose 20 "Strategic Bitcoin Reserve" bills as lawmakers push for $BTC
adoption.
📱 TONCASH secures funding from $TON
Ventures to expand Bitcoin, $USDT, and #TON payments on Telegram.
#TRUMP #trumpfactor #DOJBTCAuction #news #alert
Lin Oshey S1ij:
I am already in loss because I buy it in 1.71😢😢
🚨$CGPT : Continue to Buy!
$CGPT is currently trading at $0.4057, presenting a lucrative buying opportunity. The 15-minute chart exhibits continuous upward momentum, indicating a strong bullish trend.
Furthermore, the 1-hour candlestick chart also confirms this upward trajectory, signaling an ideal time to enter the market.
Action: Buy now for short-term gains! Don't hesitate – invest immediately to capitalize on this momentum!
FOR trade click $CGPT .
#CGPT #Signals #ALERT #Binance #tradingsignal
$CGPT is currently trading at $0.4057, presenting a lucrative buying opportunity. The 15-minute chart exhibits continuous upward momentum, indicating a strong bullish trend.
Furthermore, the 1-hour candlestick chart also confirms this upward trajectory, signaling an ideal time to enter the market.
Action: Buy now for short-term gains! Don't hesitate – invest immediately to capitalize on this momentum!
FOR trade click $CGPT .
#CGPT #Signals #ALERT #Binance #tradingsignal
Crypto Alert: The market is in freefall. Whales are selling off fast, and prices could drop another 50%. Don’t risk your money—now is not the time to buy. Stay cautious and protect your investments.
Attention all crypto investors:
I want to give you a heads-up on the current state of the cryptocurrency market. Do NOT buy any cryptocurrency right now. Here’s why:
The “whales” (big holders of crypto assets) are aggressively selling off their coins, which is causing a sharp decline in prices. This sell-off is happening at an alarming pace, and unfortunately, the situation isn’t looking any better. We may see further price drops, potentially another 50% or more.
Why are they doing this? It's simple: they’re trying to liquidate their holdings into cash before the market gets even worse. They’re cutting their losses and seeking safer investments.
If you’re considering entering the market now, I strongly advise against it. Buying during a market crash is incredibly risky, and you’re likely to lose money.
Stay smart, stay cautious, and protect your financial future. It’s better to miss out on a potential opportunity than to risk losing everything. Be wise and hold off on making any moves in this unstable market.
#cryptouniverseofficial #alert #Binance #Write2Earn #OnChainLendingSurge
Attention all crypto investors:
I want to give you a heads-up on the current state of the cryptocurrency market. Do NOT buy any cryptocurrency right now. Here’s why:
The “whales” (big holders of crypto assets) are aggressively selling off their coins, which is causing a sharp decline in prices. This sell-off is happening at an alarming pace, and unfortunately, the situation isn’t looking any better. We may see further price drops, potentially another 50% or more.
Why are they doing this? It's simple: they’re trying to liquidate their holdings into cash before the market gets even worse. They’re cutting their losses and seeking safer investments.
If you’re considering entering the market now, I strongly advise against it. Buying during a market crash is incredibly risky, and you’re likely to lose money.
Stay smart, stay cautious, and protect your financial future. It’s better to miss out on a potential opportunity than to risk losing everything. Be wise and hold off on making any moves in this unstable market.
#cryptouniverseofficial #alert #Binance #Write2Earn #OnChainLendingSurge
$AIXBT Short Alert!
Today's remarkable surge of approximately 55% propelled the price to a peak above $0.60. However, a shift in trend is now underway.
The 15-minute candlestick chart reveals a persistent downward trajectory, signaling a potential reversal. This bearish momentum is further substantiated by the 1-hour candlestick chart, which also exhibits a continuous downtrend.
The alignment of these indicators confirms a strong bearish trend, presenting an optimal opportunity to short $AIXBT .
Current Price: $0.5417
Action: Act promptly to short $AIXBT and secure your profits before the price drops further!
#binance #AIXBT #signals #Alert $BTC
Today's remarkable surge of approximately 55% propelled the price to a peak above $0.60. However, a shift in trend is now underway.
The 15-minute candlestick chart reveals a persistent downward trajectory, signaling a potential reversal. This bearish momentum is further substantiated by the 1-hour candlestick chart, which also exhibits a continuous downtrend.
The alignment of these indicators confirms a strong bearish trend, presenting an optimal opportunity to short $AIXBT .
Current Price: $0.5417
Action: Act promptly to short $AIXBT and secure your profits before the price drops further!
#binance #AIXBT #signals #Alert $BTC
$BIO Go Long Now!
The $BIO contract has been declining for nearly six days since its launch, hitting a new low today. However, the trend has reversed, and the price is now rising.
The one-hour chart shows a promising sign: the bottom line is steadily increasing, indicating a upward momentum. This shift suggests that the downward trend has ended, making it an ideal time to invest.
Current Price: $0.5154
Action: Go long now! Don't hesitate to seize this opportunity.
For trade click $BIO NOW.
#BIO #binance #Binance #Signals #Alert
The $BIO contract has been declining for nearly six days since its launch, hitting a new low today. However, the trend has reversed, and the price is now rising.
The one-hour chart shows a promising sign: the bottom line is steadily increasing, indicating a upward momentum. This shift suggests that the downward trend has ended, making it an ideal time to invest.
Current Price: $0.5154
Action: Go long now! Don't hesitate to seize this opportunity.
For trade click $BIO NOW.
#BIO #binance #Binance #Signals #Alert
jimmyhoki:
in total nobody like us will win in future. i have experienced it. please stop trading future🙏.
do the spot trading only.
$ZEN Buy Now!
The price of $ZEN has started to rise, and the one-hour chart shows continuous upward momentum. This indicates a bullish trend, making it a good time to enter the market.
Current Price: $23.58
Action: Buy now for short-term gains and lock your profit. Don't hesitate!
For trade click $ZEN ...
#ZEN #binance #Alert #Signals #tradingsignal
The price of $ZEN has started to rise, and the one-hour chart shows continuous upward momentum. This indicates a bullish trend, making it a good time to enter the market.
Current Price: $23.58
Action: Buy now for short-term gains and lock your profit. Don't hesitate!
For trade click $ZEN ...
#ZEN #binance #Alert #Signals #tradingsignal
🚨$VIDT Alert🚨
A significant buying opportunity has emerged for $VIDT . After a nearly 20% price drop from yesterday to today, the daily chart has formed a double bottom pattern over the past three weeks. This indicates a potential reversal of the downtrend.
Currently, the one-hour chart shows a rising trend and the contract position has stabilized. This shift in momentum presents an ideal time to invest.
Current Price: $0.02724
Action: Go long now to capitalize on potential short-term massive gains. Don't hesitate to seize this opportunity!
FOR trade CLICK $VIDT ...
#VIDT #Binance #Trading #Signals #Alert
A significant buying opportunity has emerged for $VIDT . After a nearly 20% price drop from yesterday to today, the daily chart has formed a double bottom pattern over the past three weeks. This indicates a potential reversal of the downtrend.
Currently, the one-hour chart shows a rising trend and the contract position has stabilized. This shift in momentum presents an ideal time to invest.
Current Price: $0.02724
Action: Go long now to capitalize on potential short-term massive gains. Don't hesitate to seize this opportunity!
FOR trade CLICK $VIDT ...
#VIDT #Binance #Trading #Signals #Alert
Bitcoin Drop: New Chance to Buy at 92k? + 3 New Analises from Different Traders 💥
Bitcoin traders just got hit with a wave of turbulence. $BTC price plunged by over 4%, wiping out more than $4,000 in value within hours. What’s causing the chaos? A mix of U.S. job data, market manipulation, and shattered support levels. Let’s break it down. 👇
BTC Falls Below $98K After JOLTS Report 📉
The trigger? The U.S. Job Openings and Labor Turnover Survey (JOLTS) showed a surprising surge in hiring. This unexpectedly strong labor market data had ripple effects across the financial ecosystem.
Matt Cowart, a well-known trader and YouTuber, didn’t hold back on X (formerly Twitter):
“Market catalyzed lower on JOLTS rising… but a rising JOLTS means one thing — JOB CREATION. Excited to let the market fall today and back into longs tomorrow.”
Bitcoin bulls might need to take a breather. BTC/USD dipped under $98,000, erasing the snap gains from the previous day. Ouch. 😬
The Spoofing Game: What’s Happening? 🎭
According to Material Indicators co-founder Keith Alan, the dramatic price drop had more to do with “spoofing” than just macroeconomic data. Spoofing is a shady practice where large traders manipulate liquidity on order books to fake demand or supply.
Alan called it out, saying:
“Spoofs are annoying, but they do tend to facilitate some predictable price action for Bitcoin.”
This time, those liquidity blocks vanished like smoke, leaving BTC support to crumble. The result? Bitcoin couldn’t hold its ground.
Liquidations Hit $30M in an Hour 🚨
As Bitcoin slid, late long positions were obliterated. Monitoring site CoinGlass confirmed that over $30 million worth of long positions were liquidated in just one hour.
Traders like Skew highlighted the aftermath:
“Late long BTC positions have been wiped out.”
The carnage didn’t stop there. Analyst Rekt Capital warned of continued volatility, stating:
“A daily close above $101,165 is needed to confirm a successful retest.”
Bearish Predictions Loom Large 🐻
With the $100,000 mark under threat, bearish scenarios are creeping back into the picture. Some traders are revisiting the ominous “head and shoulders” pattern that could signal deeper corrections.
Popular trader Cheds Trading expressed doubts about Bitcoin’s recent momentum, saying:
“$BTC daily now working on a throwback to broken LH/Right shoulder invalidation zone.”
Meanwhile, analyst Justin Bennett had an even starker warning:
“Lose this support, and BTC probably tests those $92K lows.”
What’s Next for Bitcoin? 🤔
The market is at a critical juncture. All eyes are on Bitcoin’s ability to hold key support levels, like the 50-day simple moving average (SMA). Traders are bracing for more volatility, with the bulls hoping for a quick recovery and bears gearing up for further dips.
For now, buckle up. It’s going to be a bumpy ride in crypto land. 🚀 or 📉? Only time will tell.
#Spoofing #alert #btc92k #nextdip #SMA
BTC Falls Below $98K After JOLTS Report 📉
The trigger? The U.S. Job Openings and Labor Turnover Survey (JOLTS) showed a surprising surge in hiring. This unexpectedly strong labor market data had ripple effects across the financial ecosystem.
Matt Cowart, a well-known trader and YouTuber, didn’t hold back on X (formerly Twitter):
“Market catalyzed lower on JOLTS rising… but a rising JOLTS means one thing — JOB CREATION. Excited to let the market fall today and back into longs tomorrow.”
Bitcoin bulls might need to take a breather. BTC/USD dipped under $98,000, erasing the snap gains from the previous day. Ouch. 😬
The Spoofing Game: What’s Happening? 🎭
According to Material Indicators co-founder Keith Alan, the dramatic price drop had more to do with “spoofing” than just macroeconomic data. Spoofing is a shady practice where large traders manipulate liquidity on order books to fake demand or supply.
Alan called it out, saying:
“Spoofs are annoying, but they do tend to facilitate some predictable price action for Bitcoin.”
This time, those liquidity blocks vanished like smoke, leaving BTC support to crumble. The result? Bitcoin couldn’t hold its ground.
Liquidations Hit $30M in an Hour 🚨
As Bitcoin slid, late long positions were obliterated. Monitoring site CoinGlass confirmed that over $30 million worth of long positions were liquidated in just one hour.
Traders like Skew highlighted the aftermath:
“Late long BTC positions have been wiped out.”
The carnage didn’t stop there. Analyst Rekt Capital warned of continued volatility, stating:
“A daily close above $101,165 is needed to confirm a successful retest.”
Bearish Predictions Loom Large 🐻
With the $100,000 mark under threat, bearish scenarios are creeping back into the picture. Some traders are revisiting the ominous “head and shoulders” pattern that could signal deeper corrections.
Popular trader Cheds Trading expressed doubts about Bitcoin’s recent momentum, saying:
“$BTC daily now working on a throwback to broken LH/Right shoulder invalidation zone.”
Meanwhile, analyst Justin Bennett had an even starker warning:
“Lose this support, and BTC probably tests those $92K lows.”
What’s Next for Bitcoin? 🤔
The market is at a critical juncture. All eyes are on Bitcoin’s ability to hold key support levels, like the 50-day simple moving average (SMA). Traders are bracing for more volatility, with the bulls hoping for a quick recovery and bears gearing up for further dips.
For now, buckle up. It’s going to be a bumpy ride in crypto land. 🚀 or 📉? Only time will tell.
#Spoofing #alert #btc92k #nextdip #SMA
#BinanceAlphaAlert Where & How to Buy Alpha Token (A) Guide. Note: This coin is not listed on Binance for trade and service. Cryptocurrency prices are subject to high market risk and price volatility #BİNANCE #ALPHA #alert #BinanceNews @Binance News
Matteo, an Uber driver, gets picked to star in a new crypto coin, $uber. Sounds cool, right? These so-called creators were actually scammers who used Matteo's face to launch the coin, promising him a piece of the pie. They managed to swindle around 30k in $SOL before pulling the classic rug out from under everyone.
But the twist? They didn't stop at digital theft; they also took Matteo's car after luring him with a fake surprise meet-up.
#solana
#Caution
#alert
But the twist? They didn't stop at digital theft; they also took Matteo's car after luring him with a fake surprise meet-up.
#solana
#Caution
#alert
$AGLD TECHNICAL ANALYSIS!!!
Current Price: $2.774
The daily chart of $AGLD has unequivocally entered a downtrend, signaling a potent bearish momentum. Notably, the current price represents a mere 10% decline from its peak, indicating substantial room for further depreciation.
CRITICAL CONTRACT DATA ANALYSIS:
- Institutional investors and retail traders are increasingly taking long positions, setting the stage for a potential bear trap.
- Conversely, market makers are augmenting their short positions, revealing a deliberate effort to drive prices lower.
PROFITABLE STRATEGY:
Emulate the market makers' savvy moves by shorting immediately. This contrarian approach can yield substantial profits as the bearish trend intensifies.
ACT fast, sell now and lock your profit before more drop. For trade click $AGLD now.
#SIGNAL #BINANCE #ALERT #AGLD
Current Price: $2.774
The daily chart of $AGLD has unequivocally entered a downtrend, signaling a potent bearish momentum. Notably, the current price represents a mere 10% decline from its peak, indicating substantial room for further depreciation.
CRITICAL CONTRACT DATA ANALYSIS:
- Institutional investors and retail traders are increasingly taking long positions, setting the stage for a potential bear trap.
- Conversely, market makers are augmenting their short positions, revealing a deliberate effort to drive prices lower.
PROFITABLE STRATEGY:
Emulate the market makers' savvy moves by shorting immediately. This contrarian approach can yield substantial profits as the bearish trend intensifies.
ACT fast, sell now and lock your profit before more drop. For trade click $AGLD now.
#SIGNAL #BINANCE #ALERT #AGLD
Hi Guys,
It's Big & Big #alert About $BTC Major Liquidations $300 Million !!
Bitcoin sub-$60K levels in focus after daily crypto liquidations near $300M
Bitcoin bears are out in force with BTC price trajectory quickly headed back to $60,000.
BTC tickers down $60,293 hit two-week lows around the April 30 Wall Street open after new spot price exchange-traded funds (ETFs) disappointed.
BTC price suddenly retargets $60,000 Data from Cointelegraph Markets Pro and TradingView tracked a precipitous drop on BTC/USD after the Asia trading session, with the pair losing $61,000 support.
Liquidations quickly mounted across crypto, totaling $275 million over 24 hours, per data from monitoring resource CoinGlass.
The already cautious mood turned firmly bearish as it emerged that the first day’s trading volumes for Hong Kong’s new Bitcoin ETFs had fallen considerably below expectations.
The new products managed $12.4 million — still impressive for the size of the local market, per Bloomberg Intelligence analyst, Eric Balchunas.
In a reaction on X (formerly Twitter), Balchunas gave a distinctly positive impression of the first day’s performance.
“East vs West: The US did $740m in assets and $4.6b in trading. These are far below that but if you adjust for the size of their mkt it is dif story: equiv of $25b+ and $1.6b, respectively,” one post read.
#HKETF #NFP #fomc #Write2Earrn
It's Big & Big #alert About $BTC Major Liquidations $300 Million !!
Bitcoin sub-$60K levels in focus after daily crypto liquidations near $300M
Bitcoin bears are out in force with BTC price trajectory quickly headed back to $60,000.
BTC tickers down $60,293 hit two-week lows around the April 30 Wall Street open after new spot price exchange-traded funds (ETFs) disappointed.
BTC price suddenly retargets $60,000 Data from Cointelegraph Markets Pro and TradingView tracked a precipitous drop on BTC/USD after the Asia trading session, with the pair losing $61,000 support.
Liquidations quickly mounted across crypto, totaling $275 million over 24 hours, per data from monitoring resource CoinGlass.
The already cautious mood turned firmly bearish as it emerged that the first day’s trading volumes for Hong Kong’s new Bitcoin ETFs had fallen considerably below expectations.
The new products managed $12.4 million — still impressive for the size of the local market, per Bloomberg Intelligence analyst, Eric Balchunas.
In a reaction on X (formerly Twitter), Balchunas gave a distinctly positive impression of the first day’s performance.
“East vs West: The US did $740m in assets and $4.6b in trading. These are far below that but if you adjust for the size of their mkt it is dif story: equiv of $25b+ and $1.6b, respectively,” one post read.
#HKETF #NFP #fomc #Write2Earrn
Hi Guys,
Big #alert About $SHIB Price in Last 24 Hours!
The Shiba Inu price is $0.00002174, a change of -6.62% over the past 24 hours as of 2:08 p.m. The recent price action in Shiba Inu left the tokens market capitalization at $12.81B.
So far this year, Shiba Inu has a change of 111.85%. Shiba Inu is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).
The shiba inu coin, or SHIB, is an ERC-20 token that fuels the Shiba ecosystem. Comprising three separate tokens – SHIB, BONE and LEASH – that users can stake, swap or deposit into liquidity pools on the ShibaSwap decentralized exchange to earn interest and rewards.
Shiba inu is generally perceived as a meme currency similar to other dog-themed cryptocurrencies such as dogecoin and has a similarly viral following of more than 1.2 million people on Twitter.
SHIB’s price often makes news headlines, as it routinely notches tremendous gains and endures equally steep losses.
#etf #Memecoins #SHIB #write2earn🌐💹
Big #alert About $SHIB Price in Last 24 Hours!
The Shiba Inu price is $0.00002174, a change of -6.62% over the past 24 hours as of 2:08 p.m. The recent price action in Shiba Inu left the tokens market capitalization at $12.81B.
So far this year, Shiba Inu has a change of 111.85%. Shiba Inu is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).
The shiba inu coin, or SHIB, is an ERC-20 token that fuels the Shiba ecosystem. Comprising three separate tokens – SHIB, BONE and LEASH – that users can stake, swap or deposit into liquidity pools on the ShibaSwap decentralized exchange to earn interest and rewards.
Shiba inu is generally perceived as a meme currency similar to other dog-themed cryptocurrencies such as dogecoin and has a similarly viral following of more than 1.2 million people on Twitter.
SHIB’s price often makes news headlines, as it routinely notches tremendous gains and endures equally steep losses.
#etf #Memecoins #SHIB #write2earn🌐💹
Hi Guys,
It's Big & Big #alert About $BTC All Time High !!!
Bitcoin Price to Follow Major Stock Indexes to New ATH Soon
Institutional demand for Bitcoin has driven the recent bullish narrative, a month after the fourth BTC halving event.
Bitcoin (BTC) price rallied over 7 percent in the past 24 hours to reclaim $66K. The flagship coin registered almost double its daily average traded volume in the past 24 hours to about $42 billion on Thursday during the early London session.
The sudden Bitcoin price pump was triggered by the United States inflation data from the Bureau of Labor Statistics involving the Consumer Price Index (CPI). Notably, the US CPI monthly inflation data came in less than expected, 0.3 percent, thus exaggerating the weakening of the US dollar against global currencies.
The recent inflation data caused major stock indexes led by the S&P 500 Index (SPX) to pump against the US dollar. Moreover, more investors are bullish on the stock market and crypto assets amid upcoming US elections.
According to the latest market data, the S&P 500 pumped around 1.17 percent to reach a new all-time high of about 5,308.15 during the extended session. Similarly, the Nasdaq Composite Index (Nasdaq: COMP) pumped 1.4 percent on Wednesday to close the day at 16,742.
Bitcoin Price Signals Inevitable Pump to New ATH
After being trapped in a correction mode for the past two months, Bitcoin price invalidated the downtrend with the recent pump. From a technical standpoint, Bitcoin price closed Wednesday above the daily 50 Moving Average (MA) and also above the 50 Relative Strength Index (RSI).
As a result, Bitcoin price against the US dollar needs to consistently close above $67K in the coming weeks to validate a bullish reversal from a daily head and shoulder (H&S) pattern.
Bitcoin’s bullish momentum is bolstered by the rising institutional demand via spot BTC ETFs. According to on-chain data analysis conducted by Santiment, the seven largest spot BTC ETFs registered a daily traded volume of around $5.65 billion on Wednesday, the highest since March 24, 2024.
It's Big & Big #alert About $BTC All Time High !!!
Bitcoin Price to Follow Major Stock Indexes to New ATH Soon
Institutional demand for Bitcoin has driven the recent bullish narrative, a month after the fourth BTC halving event.
Bitcoin (BTC) price rallied over 7 percent in the past 24 hours to reclaim $66K. The flagship coin registered almost double its daily average traded volume in the past 24 hours to about $42 billion on Thursday during the early London session.
The sudden Bitcoin price pump was triggered by the United States inflation data from the Bureau of Labor Statistics involving the Consumer Price Index (CPI). Notably, the US CPI monthly inflation data came in less than expected, 0.3 percent, thus exaggerating the weakening of the US dollar against global currencies.
The recent inflation data caused major stock indexes led by the S&P 500 Index (SPX) to pump against the US dollar. Moreover, more investors are bullish on the stock market and crypto assets amid upcoming US elections.
According to the latest market data, the S&P 500 pumped around 1.17 percent to reach a new all-time high of about 5,308.15 during the extended session. Similarly, the Nasdaq Composite Index (Nasdaq: COMP) pumped 1.4 percent on Wednesday to close the day at 16,742.
Bitcoin Price Signals Inevitable Pump to New ATH
After being trapped in a correction mode for the past two months, Bitcoin price invalidated the downtrend with the recent pump. From a technical standpoint, Bitcoin price closed Wednesday above the daily 50 Moving Average (MA) and also above the 50 Relative Strength Index (RSI).
As a result, Bitcoin price against the US dollar needs to consistently close above $67K in the coming weeks to validate a bullish reversal from a daily head and shoulder (H&S) pattern.
Bitcoin’s bullish momentum is bolstered by the rising institutional demand via spot BTC ETFs. According to on-chain data analysis conducted by Santiment, the seven largest spot BTC ETFs registered a daily traded volume of around $5.65 billion on Wednesday, the highest since March 24, 2024.