September is the Best Time to Buy Bitcoin! Here's What the Experts Say
BITCOIN - Bitcoin remains stuck below $60,000; pundits call September dip a buying opportunity ahead of potential October rally. Historical data has named September as the worst month for Bitcoin, but experts believe bullish opportunities will arrive afterward. Market uncertainty continues to haunt, but whales are ramping up their long positions, signaling confidence in a Bitcoin rebound. Bitcoin (BTC) is currently hovering below $60,000, starting September on a bearish note. However, some experts say this is a golden opportunity for investors to buy the asset.
FLOKI Will Be The Next DOGE In The Upcoming Bull Run
ANALYSIS INFO - The current decline in the crypto market has sparked debate among investors and analysts. With varying views on the prospects of the FLOKI meme token, some analysts see it as an opportunity for accumulation, while others remain wary of the possibility of further declines. FLOKI Accumulation Opportunity According to Analyst Scofield Renowned crypto analyst Scofield recently shared his views on the current market downturn, believing that the situation presents an opportunity for smart investors to re-accumulate valuable assets.
Robinhood Fined $6 Trillion for Limiting Crypto Withdrawals
Crypto trading platform Robinhood has agreed to pay a $3.9 million fine as part of a settlement related to complaints filed several years ago by its customers. The penalty also comes with stricter behavioral requirements for the company going forward.
The investigation into Robinhood was sparked by consumer complaints about questionable practices within their crypto division. Robinhood Mandatory Paying Rp6 T to Customers California Attorney General Rob Bonta announced in a press release on Wednesday (4/9) that Robinhood would pay a fine for its actions in restricting customers' access to its crypto assets between 2018 and 2022. In addition, Robinhood failed to provide important details regarding its trading practices and order handling.
XRP TO THE MOON! Ripple to Release RLUSD Stablecoin in the Next Few Weeks
Ripple’s plans to launch a US dollar-pegged stablecoin are said to be coming in the next few weeks. In a report, Ripple Chief Executive Officer (CEO) Brad Garlinghouse said that Ripple’s stablecoin option is “very close” to its official launch. $XRP In fact, he said the Ripple USD project aka RLUSD will be launched in the next few weeks. However, the exact details regarding the execution time are still uncertain. In early April, Ripple President Monica Long revealed that Ripple's stablecoin would eventually be issued on the XRP Ledger and Ethereum. Its presence is believed to be an entry point to open new opportunities for institutional and DeFi use cases across various ecosystems.
Fed's Decision Scares Market, Bitcoin and Friends Drop in Unison
The crypto market experienced a weakening today, Thursday (5/9/2024) amid market players' concerns regarding the policies of the United States (US) central bank, The Fed, in the next few months. Referring to CoinMarketCap on Wednesday (4/9/2024) at 06:11 WIB, the crypto market moved lower. Bitcoin fell 2.64% to US$57,725.83 and was in the red zone 2.59% weekly. $ETH depreciated 3.87% in the last 24 hours and weakened 0.54% in the week. $SOL slipped 4.45% on a daily basis and plunged 12.39% in a week.
I have a quiz with a reward of 200 USDC (Short Result $BTC ) for the 20 fastest people.
- Close Candle 1 day tomorrow at 7 AM, what price is $BTC ?
(Guesses can be close or correct guesses, if many guesses are close, the closest number difference will be taken. Answer in the comments column Requirements: Follow ✅ Share ✅
Bitcoin Could Fall to US$40,000 and Continue to New ATH. $BTC What is the ATH Target?
Bitcoin (BTC) has again shown concern among investors. The reason is, on Wednesday (4/9/2024) the price of Bitcoin has fallen 5 percent in 24 hours with its position at US$56,590.
In fact, a number of analysts predict a further decline, with a target support point at US$40,000. Even so, some analysts believe that the current position could be a turning point for Bitcoin.
Technical Pattern Predictions and Market Movements
Another analyst with the pseudonym 'Titan of Crypto', sees a technical pattern in the Bitcoin market called "Cup and Handle". This pattern is often considered a sign that prices will rise after a period of consolidation.
"From my perspective, this pattern could make the price of Bitcoin soar to US$110,000 by the end of the year," said Titan of Crypto.
Meanwhile, another popular analyst on social media X, Jelle, stated that an interesting development on the Bitcoin price chart is the formation of a weekly Golden Cross for the first time.
For information, the Golden Cross is a bullish sign that appears when a short-term moving average crosses above a long-term moving average.
"This week, Bitcoin's 100-week moving average surpassed its 200-week moving average," concluded Jelle.
NEWS - 2023 is a big challenge for Telegram, with revenues of $342.5 million, 40% of which came from digital assets such as integrated wallets and digital collectibles.
However, the arrest of CEO Pavel Durov on serious charges, including money laundering, has raised major questions about the future of the platform.
Toncoin (TON) price is down more than 24%, but this could be a buying opportunity amid the uncertainty. Is this a temporary storm or the beginning of a major change? Stay tuned for more developments. 💼🔍
Blum Coin is set to launch a major airdrop in September 2024, which has been eagerly awaited by the global crypto community.
This schedule is set to coincide with the final phase of Blum’s major marketing campaign, with the aim of maximizing user awareness and engagement.
With this airdrop, many are anticipating a surge in the price of Blum Coin, especially after the token starts trading on major exchanges. Check out the complete analysis of Blum coin below!
The Blum airdrop is scheduled to begin on September 20, 2024. This date was strategically chosen to take advantage of the marketing momentum and maximum engagement from the crypto community.
Early participants in this airdrop have a great chance of getting a significant amount of Blum Coin, which could give them a head start as the coin gains popularity after its official listing.
Blum Coin’s listing on major exchanges is expected to occur in late September or early October 2024. This listing is anticipated to attract large trading volumes, which could drive the coin’s price immediately after its launch.
BLUM ROADMAP
Blum’s roadmap outlines a well-thought-out strategy for growth and expansion. The project has set several key milestones, including the launch of its decentralized platform in Q4 2024, followed by partnerships with major blockchain networks in early 2025.
Blum also plans to integrate advanced features such as smart contracts and decentralized finance tools DEFI
5.25%
-> by mid-2025. These developments are expected to significantly enhance the Blum ecosystem, driving adoption and, of course, price.
Blum Coin is starting to gain traction as the next big listing after the success of DOGS Coin. With a strong community base and exciting innovations, Blum Coin has the potential to reach significant price milestones. If all goes according to plan, the price of Blum Coin could reach $0.20 by the end of 2025.