Bitcoin rose sharply to its highest level in the last ten days at $60,400 and is currently trading around $59,900. This increase follows a long period of decline, driven by reduced liquidity in German markets and positive inflation data.
Investors are questioning whether this rise indicates potential gains in the cryptocurrency market and in what direction the future projections are. Various factors are contributing to this significant increase in Bitcoin, such as the recent assassination attempt against Donald Trump having a positive impact on his campaign. Trump's attendance at an important Bitcoin event this month and his potential statements regarding the post-election period could have a positive impact on the market. Additionally, its attitude towards SEC regulations may also trigger the upward trend in the cryptocurrency industry.
Famous crypto analyst Crypto Tony stated that the unusual activity at the end of last week could be the beginning of a new rally. According to him, a recovery of the $60,500 level would be a strong bullish signal. Another analyst, Rekt Capital, emphasized that Bitcoin regaining the $60,600 support level is critical for maintaining the Re-Accumulation Range. The 5% gap in CME Group Bitcoin futures contracts is also an important monitoring point for investors.
Market forecasts remain cautiously optimistic. If stock markets remain stable and exchange-traded fund (ETF) investors respond positively to the weekend's developments, Bitcoin's price may continue its upward move. The absence of a major macroeconomic event on the horizon indicates that market sentiment and investor reactions to key support levels will be driven. Possible statements by Federal Reserve Chairman Jerome Powell may also play an important role in market dynamics.
Analyst Daan Crypto Trades emphasizes the need to be cautious. Noting the low liquidity and trading volumes over the weekend, Daan warns that although the recovery of the 200-day moving average at $59,207 supports optimism, it could be a bear trap. Investors need to carefully follow how the stock markets will open and the possible effects of the statements from the Federal Reserve.
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can get it done in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
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BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. DON'T FORGET TO FOLLOW IF YOU HAVE NOT FOLLOWED YET. KIND REGARDS.