Experts are suggesting that Bitcoin (BTC), which has recently strengthened above $60,000, could be heading toward a new target of $85,000. With positive sentiment in the crypto market, analysts are forecasting a potential increase for Bitcoin, based on the trends they are observing.

According to these analysts, Bitcoin’s strong performance as September comes to a close is setting the stage for a major rally that may happen by year’s end. One notable analyst, Titan of Crypto, has predicted that BTC could reach $85,000 in the near future. He emphasized that key market indicators are signaling a buy opportunity.

Titan of Crypto also pointed out that Bitcoin’s current chart suggests a moderate 35% price increase, which could further strengthen the bulls. In his analysis, which incorporates relative strength index (RSI) data, he explained that the market conditions are aligning for Bitcoin to potentially reach its all-time high. “If we close this month above $59,000, there’s a strong chance the year will end on a positive note. Both 2017 and 2020 saw green in the fourth quarter, and we’re looking at another promising Q4,” he said.

Focusing on the RSI, the analyst highlighted that the weekly RSI has reached 50, signaling the end of a downtrend that began in March. He also remarked on the historical significance of September, noting that when the month closes in green, the final quarter often experiences an upward trend.

Another analyst, Skew, weighed in on the situation, noting that the $61,000 support level could play a crucial role before the next rise. From a technical perspective, Skew suggested that a small correction could be beneficial for a healthier climb in Bitcoin’s price.
$BTC
#BTC☀ #bitcoin☀️ #BinanceSquareFamily #BULLishWithBULL #CZBİNANCE

Solana (SOL) may be poised for another price rally in the coming days following a recent recovery. Although SOL remains within a consolidation phase, recent price movements suggest the potential for a more sustained uptrend. Key metrics and indicators are turning bullish, boosting traders’ confidence.
According to CoinGlass, SOL’s trading volume has surged by 98.87% in the past 24 hours. This significant spike highlights a dramatic increase in trading activity, with the current volume reaching $6.75 billion. This surge reflects growing positive sentiment among traders, who are becoming increasingly optimistic about SOL’s future prospects.
The rise in Solana’s volume is evident across major cryptocurrency exchanges. Binance leads the way with $2.62 billion in volume, followed by Bybit at $1.50 billion, OKX at $1.09 billion, BingX at $549.50 million, and Bitget at $167.83 million. These numbers indicate increasing confidence in SOL, suggesting that further gains could be on the horizon.
What’s Happening with Solana’s Price?
At the time of writing, SOL is trading at $144.09, reflecting a slight 0.74% dip over the last 24 hours. However, the coin has gained 10.03% over the past week as part of a broader market recovery. Solana’s price surged from $127.46 to a high of $149.91, marking a significant rise.
After encountering resistance at the $150 level, SOL has since corrected to $144.09. Despite this pullback, the recent performance of SOL remains impressive. With trading volume increasing and investor sentiment strengthening, Solana could be targeting its next resistance level, and it may break through this time.
#solana #BullRunAhead #BULLishWithBULL #BinanceSquareFamily #CZBİNANCE

The U.S. Securities and Exchange Commission (SEC) has approved a rule change, allowing Nasdaq International Securities Exchange to list and trade options for BlackRock's iShares Bitcoin Trust (IBIT), according to PANews. This approval is a pivotal moment for expanding Bitcoin-related derivatives, offering investors new ways to manage their exposure to Bitcoin, the world’s largest cryptocurrency.

BlackRock has been seeking approval for such listings since at least March, following the U.S. launch of several Bitcoin-related ETFs. The SEC's approval came after several amendments by Nasdaq ISE, aimed at mitigating concerns over market manipulation and excessive risk in the emerging cryptocurrency options space.

The approved IBIT options will be physically settled with an American exercise style, providing investors hedging opportunities for Bitcoin exposure. Despite concerns about cryptocurrency derivatives, the SEC cited Nasdaq's real-time monitoring and cross-market surveillance agreements with the Chicago Mercantile Exchange as sufficient safeguards against potential manipulation.

$BTC

TRON #TRX
TRON ($TRX) is currently stabilizing around $0.15. While it saw a 2.75% gain this past week, its RSI of 40 indicates a bearish outlook, suggesting more downward pressure. Resistance stands at $0.16, and if the bulls can push through, TRX could rise by 6% to $0.17. However, if bears dominate, a drop to $0.14 or even 13% down to $0.13 is possible. The 10-day and 100-day simple moving averages indicate little momentum, making it a cautious hold for now.
Stellar #XLM
Stellar is struggling between $0.09 and $0.10, facing challenges in building momentum. The bulls seem weakened, with $XLM sitting near support. To show growth potential, it must break through the $0.10 resistance. If it succeeds, the price could climb by 13% from its current range. However, with its RSI signaling a cooling market and its longer-term declines, Stellar needs a strong push to regain lost ground.
Dogecoin #Doge
$DOGE is fluctuating between $0.095 and $0.11. Its RSI at 52 suggests a balance between bulls and bears. With a weekly gain of around 2.5%, Dogecoin is showing weak bullish signs as it hovers above the 10-day moving average and approaches the 100-day average. A breakout past $0.12 could lead to a 20% rise, but it needs to clear this resistance to confirm an upward trend.
Shiba Inu #SHIB
Shiba Inu has been trading tightly around $0.000013, with bears currently in control as the price sits below both the 10-day and 100-day averages. Strong resistance lies at $0.00001465 and $0.00001583, while support is just above $0.000012. The neutral RSI reflects a balance between buyers and sellers, and while stochastic levels suggest little short-term movement, the MACD points to a slight bearish trend. SHIB needs a stronger bullish push to see any significant upward momentum, especially after a modest 5% monthly gain and a near 50% decline over six months.

$TRX $SHIB $DOGE $XLM

Hello! Interested in making a potential 10% profit from Bitcoin within a month? While trading offers no guarantees, there are reliable strategies to explore. Let’s dive in!

Conduct Research:
Technical Analysis: Familiarize yourself with chart reading. Identify trends, support/resistance levels, and key indicators (like moving averages and RSI). These tools reveal when Bitcoin might be overbought or oversold.Stay Informed: Keep an eye on news impacting Bitcoin—regulations, corporate adoption, economic shifts. Positive news often drives prices upward.
Set Realistic Goals:
While aiming for a 10% profit is commendable, be pragmatic. Assess your risk tolerance and market conditions. Determine your acceptable loss per trade.
Risk Management:
Position Sizing: Allocate only a small portion of your total capital per trade (usually 1-2%).Stop-Loss Orders: Automate selling if Bitcoin hits a predetermined price, limiting potential losses.
Choose Your Trading Style:
Day Trading: Capitalize on short-term price fluctuations by buying and selling within a day. Stay vigilant!Swing Trading: Hold Bitcoin for days or weeks to catch larger price movements. Less stressful.Dollar-Cost Averaging (DCA): Regularly invest a fixed amount (e.g., weekly) to mitigate market volatility.
Use Limit Orders:
Instead of market orders, set specific prices for buying/selling. This way, you optimize entry and exit points without constant monitoring.
Diversify:
While Bitcoin remains your focus, consider allocating a portion of your capital to other cryptocurrencies. Diversification spreads risk and may enhance overall returns.
Monitor Your Trades:
Regularly review your actions. Learn from successful and unsuccessful trades, adjusting your strategy accordingly.
Stay Disciplined:
Stick to your plan. Avoid emotional decisions (panic selling, greed). Maintain a trading journal to track choices and outcomes.
Leverage the Right Tools:
Explore Binance’s features—charts, alerts, and community insights.Join trading communities for additional support.
Final Thoughts:
Chasing a 10% monthly profit is ambitious. Structured approaches improve your odds, but remember—trading involves risks. No foolproof method guarantees profits. Always conduct thorough research and consider seeking advice from financial experts.

Disclaimer:
This isn’t financial advice—just practical tips. Invest responsibly, knowing that crypto trading carries inherent risks.

#bitcoin #btc #cryptocurrency #crypto #ethereum

The crypto world is abuzz with anticipation as Changpeng Zhao, better known as CZ, the founder and former CEO of Binance, is set to be released from prison on September 29, 2024¹². This event is expected to have significant implications for the cryptocurrency market, particularly for Binance-related tokens.
CZ’s Journey and Impact
CZ's journey has been nothing short of a rollercoaster. After stepping down as CEO of Binance and serving a four-month sentence following a plea deal with the US Department of Justice, CZ is now poised to re-enter the crypto scene¹. Despite his legal troubles, CZ remains a pivotal figure in the crypto community, and his return is expected to inject fresh energy into the market.
Market Reactions and Predictions
Investors and analysts are closely watching Binance Coin (BNB) and other Binance-linked tokens such as Ethena (ENA), Renzo Protocol (REZ), and Arkham Intelligence (ARKM)¹³. The anticipation of CZ's release has already sparked discussions about potential price surges and market movements. Historically, significant events involving key figures in the crypto world have led to notable market reactions, and CZ's return is likely to be no different.
What’s Next for CZ
While CZ has indicated that he does not plan to return as CEO of Binance, his influence as a major shareholder and his continued involvement in the blockchain and AI sectors will undoubtedly shape the future of the industry¹. His focus on investments in these cutting-edge technologies suggests that CZ will remain a key player in driving innovation and growth in the crypto space.
Community Sentiment
The crypto community is buzzing with excitement and optimism. Social media platforms are filled with speculations and predictions about the impact of CZ's return. Many believe that his release will restore confidence in Binance and its associated tokens, potentially leading to a bullish trend in the market².
Conclusion
As we approach CZ's release date, the crypto market is brimming with anticipation. Whether you're a seasoned investor or a crypto enthusiast, these are exciting times. Keep an eye on Binance-related tokens and stay tuned for what promises to be a dynamic period in the world of cryptocurrency.

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Stay updated with the latest news and trends in the crypto market as we witness the unfolding of this significant event. 🚀

#cz #binance #trending #bullish #news