đšđšBTC Price Analysis: Is Bitcoin Targeting $70K in the Short Term?đđđđŻ On the daily chart, the price has finally broken above the $64K level and the 200-day moving average, which is located around the same mark. With the RSI also showing a clear bullish momentum, the cryptocurrency will likely continue its uptrend toward the $68K resistance zone in the short term. Otherwise, in case of a correction, the 200-day moving average is still likely to hold the price and push the market higher.
Looking at the 4-hour timeframe, the price has been creating higher highs and lows ever since its rebound from the $52K support level. The marketâs bullish move has created a clear trendline, which has been supporting Bitcoin for weeks. If this trend remains intact, it will only be a matter of time before the market reaches the $68K level. On the other hand, if the trendline gets broken to the downside, at least a pullback to the $60K level would be probable.
đšđšđšBitcoin ETF Inflow Surpasses $1 Billion This Weekđđđ
Spot Bitcoin ETF inflows hit $494 million on September 27 with over $1 billion this week. The ARK 21Shares Bitcoin ETF led with $203 million in inflows, which is also its largest single-day inflows since launch. Spot Bitcoin ETF Inflows Surge!! According to data from Farside Investors, total Bitcoin ETF inflows stand at approximately $1.1 billion for the week. The leaders were the ARK 21Shares Bitcoin ETF, reaching as much as $203 million and Fidelity's Bitcoin ETF commanding $124 million, the former seeing its largest single-day inflows since launch. In third place was BlackRock's iShares Bitcoin Trust with inflows amounting to $110.8 million, which, given the net assets, represents the largest spot Bitcoin ETF. Other Bitcoin ETF inflows this week include Grayscale's Bitcoin Trust GBTC, with a total of $26.2 million as well as minor contributions across different Valkyrie, Invesco, Franklin Templeton, and Bitwise funds. This week also marked a thrilling comeback for Grayscale's GBTC, which posted inflows after two weeks of no inflows.
đšđšBitcoin Price Analysis: Is BTC Heading Toward $70K or $60K Next?!!!đŻđđ
The 4-hour chart demonstrates a tricky situation for the BTC price, as it is currently consolidating in a small descending channel at the $64K level. If it gets broken to the downside, this becomes a classical bearish reversal price action pattern. Meanwhile, if the asset breaks higher, the pattern would fail, and a rapid rally toward the $70K area would be expected. With the RSI also showing values above 50%, the momentum still favors a bullish continuation.
đšđšHamster Kombat (HMSTR) Listing Today: Whatâs the Best MoveâHold or Sell???
The much-anticipated listing of Hamster Kombat (HMSTR), a popular tap-to-earn Telegram game, is happening today on major exchanges like Binance and Bitget. How Have Previous Telegram Miniapp Listings Fared?? There have been three notable Telegram-based projects that were listed before Hamster Kombat: Notcoin (NOT), Dogs (DOGS), and Catizen (CATI). Here's what happened: 1.Initial selling pressure: Like clockwork, each project faced selling pressure as airdrop participants flooded the market to sell their tokens. 2.Post-dip recovery: Despite the sell-off, both NOT and DOGS managed to recover from their initial lows and recorded gains in the weeks following their listings. However, the long-term data isn't as rosy: 1.Notcoin (NOT) is now down 70% from its all-time high. 2.Dogs (DOGS) is down 48%. 3.Catizen (CATI) has fallen 33% from its peak. If history is any indication, thereâs a good chance HMSTR could face an initial dip due to the selling pressure from airdrop holders. Selling early to secure gains and rebuying later at a lower price might be a smart strategy for those looking to maximize profits. However, thereâs also the potential for a recovery, similar to what happened with NOT and DOGS, so holding might also pay off in the long run. Conclusion The decision to hold or sell ultimately depends on your risk tolerance and long-term outlook. The data suggests airdrop holders may want to take advantage of the initial listing price and buy back once the selling pressure cools off. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
đšđšđšBinance Locks 14 Billion USDT for Hamster Kombat Airdrop!!!
In a thrilling update for the Hamster Kombat community, Binance has locked 14 billion USDT to help launch 3 billion $HMSTR tokens through its Launchpool. This shows the strong excitement among players and investors wanting to join the game. With just one day left to participate, holders of BNB or FDUSD tokens can still join the $HMSTR Launchpool. This is a great chance to be part of the Hamster Kombat ecosystem, where users can earn rewards while playing the game.The $HMSTR tokens will give players new ways to enjoy Hamster Kombat, improving the gaming experience. The buzz around this launch points to a bright future for both the game and its community. As the launch date nears, more announcements and updates are expected, keeping the excitement alive. Interested players should act fast to secure their spot before time runs out!
đšđšBNB big PUMP soon đđ€ Market watchers think this could be a major boost for the BNB ecosystem, potentially pushing its market value from $130 billion to over $500 billion over the next few months. Technical analysts are keeping a close eye on the BNB price, which recently surged close to the $600 mark. One leading market analyst predicts that if BNB breaks and holds above $600, it could potâŠ
đšđšBinance Founder CZ to Leave Jail This Week â Will Bitcoin Price Surge?đđ
At the end of this week, on Sept. 29, Sunday, the renowned founder of the Binance exchange and the creator of its native token BNB, Changpeng Zhao (CZ), is to be released from prison after he finishes his four-month sentence. Many on Crypto X expect this to be a major driver of growth for Bitcoin and other cryptocurrencies. Besides, users are reminding the cryptocurrency community that this will be the beginning of âUptober.â Traditionally, as noted by many crypto traders, October and November are bullish months, followed by the âSanta Claus rallyâ in December. Over the past 10 years, the Bitcoin price showed a considerable increase at this time of the year. #BTCbullish #czprison
đšđšHow to calculate your $HMSTR tokens for the Hamster Kombat airdrop !!!
Now, it all comes down to how much those coins will be worth in USD. $1? Or $50? At launch, the value of each HMSTR coin is projected to fall between $0.07 and $0.1. Keep in mind that this is all speculative and subject to change. For example, if you have 2000 HMSTR tokens, based on the lowest price estimate of $0.07 per token, the minimum potential earnings will be 2000 HMSTR x $0.07 = $140. Interestingly, Gate.io exchange said that, based on the value of IOUs, $HMSTR would be worth $0.0568 on Sept. 16, 2024. Price forecasts and predictions appear tricky at the moment. The game plans to distribute approximately 60% of the total token supply to users, with the rest reserved for development and rewards. At the moment, no one is sure what the Hamster Kombat crypto will be priced at, how many tokens will be available, or how redemptions will work. However, it is important to note that the token will be launched on well-known crypto exchanges such as Binance, Bitget, Bybit, and OKx. Given the large number of players and users on these exchanges, the token is projected to have exposure and a high trading volume. #hamastarkombat
đšđšHamster Kombat Community Reactions: False Badge of Cheating and Wasted Time!!!
A major issue is that many players have been labeled as cheaters bassed solely on their key collection activities. Media influencers asserts that many players who accumulated a modest number of keys, often just 100 to 200, were disqualified. On the other hand, those exploiting the system with key generators and multiple accounts remain eligible. This has led to feelings of injustice among the community, with many players being unfairly branded as cheaters despite their honest efforts. Wasted Time and Effort..... Another big complaint is that players have invested time and effort into the game, only to be qualified for a requirement they were initially told was irrelevant. Crypto with khan emphasized that many players spent months grinding to increase their PPH, only to find out that their work was essentially for nothing. The sudden shift in focus from PPH to key collection has been particularly frustrating, with users feeling that their dedication has been disregarded. #Hamasterkombat
đšđšHamster Kombat Faces Massive Backlash Over Unfair Airdrop!!!
Hamster Kombat, a well-known play-to-earn (P2E) gaming platform, is presently in the midst of a storm as users express mounting frustration and fury about recent disqualifications from the siteâs highly anticipated Season 1 airdrop. The backlash derives from what many gamers see as unfair criteria that have left a large part of the community feeling misled and disappointed. In recent times, Hamster Kombat announced that the first season of its in-game rewards will conclude on September 20, 2024, ahead of next weekâs highly anticipated HMSTR token launch and airdrop. The outrage centers on the sudden and unexpected disqualification of approximately 63% of players from the Season 1 airdrop, allegedly due to their collection of in-game keys. Many players were previously led to believe that these keys were not essential for airdrop eligibility. However, as the airdrop approachs, it became clear that key collection was crucial for receiving rewards, resulting in many players being disqualified. Many players see these changes as betrayal, especially those who have dedicated months to building their Point Per Hour (PPH). The Point Per Hour is a metric emphasized by Hamster Kombat as key to airdrop eligibility. The last-minute addition of key collection as a deciding factor has left players felling that their efforts were wasted.
đšđšBullish Sentiment Builds as Solana Prepares to Rallyđđ
Bullish Sentiment Builds as Solana Prepares to Rally Crypto traders have zoomed in on the emergence of a strong support line on Solanaâs price chart, leading some to believe it is the launch pad for a âsizableâ upside move in the near future. âLooks like $SOL held support at $120,â veteran trader Peter Brandt wrote in a Sept. 20 post. Brandt was referring to Solanaâs price action on the daily chart, which shows SOLâs consolidation in a rectangle, with the lower limit at $120 acting as support since mid-April. âThis could become a rectangle capable of launching a sizable advance.â Fellow trader TraderKoz made similar observations, noting that SOLâs price has successfully retested $120 three times recently, reinforcing the importance of this level for buyers. According to TraderKoz, those looking to go long on SOL should wait for a retest of the zone between $135 and $140. Among the top ten cryptocurrencies by market capitalization, Solana has seen the highest growth over the past seven days at 8.82%, ahead of Bitcoin (BTC) with a 6.45% rally, according to data from CoinMarketCap. At the time of publication, Solana is trading at $148.50 and appears ready to extend its âbullish momentumâ to hit its short-term target at $160, according to crypto trader CryptoZhi. Futures traders have also been expanding their positions amid the bullish patterns.
The current all-time high of Bitcoin is $73,780, which was achieved back in March. Since then, many have predicted that the BTC price would hit new highs, potentially reaching the much-anticipated $100,000 mark. This sentiment prevailed because Bitcoin achieved two major milestones earlier this year. Earlier, in January, Bitcoin spot ETFs officially went live in the United States, paving the way for institutional adoption of the coin. Later, in April, the fourth Bitcoin halving event successfully completed. Consequently, many Bitcoin price predictions emerged as more gains were expected from the coin. While it never happened and Bitcoin entered a consolidation phase in the last few months, it appears that the bullish momentum is returning. Michaël van de Poppe is expecting a new all-time high for the Bitcoin price next month. Overall, positive movements are expected throughout the last quarter of this year.
đšBitcoin (BTC) Epic Rally to Form New All-Time High, Predicts Top Analystđ
The price of Bitcoin (BTC) witnessed a huge rally recently as it officially ceased its extended consolidation period. This price rebound has injected bullish momentum onto the broader market as investor sentiment has also turned positive. Moreover, there is a strong likelihood of more gains from the coin as bullish signals have emerged. Renowned crypto analyst and trader MichaĂ«l van de Poppe has shared his insightful analysis of Bitcoinâs future. Earlier today, he tweeted and explained that the BTC price is following the plan, and bullish moves are expected. The analyst explained that he is keeping a close eye on the next resistance level for Bitcoin, possibly the $66,000 range. MichaĂ«l van de Poppe revealed that the market may witness a pullback if this level turns into a resistance zone. However, he mentioned that the broader scenario remains quite bullish, and he is expecting that the Bitcoin price will witness a new all-time high (ATH) in October, which is almost 10 days away.
đšđšHow Bitcoin Price Surges After Donald Trump Uses Crypto Payment For Dinner The Bitcoin price has surged since Donald Trump made a crypto payment in New York while buying burgers and drinks for the supporters.The Bitcoin price today is up as Donald Trump made a crypto payment using the flagship crypto while buying food for supporters during a campaign stop in New York. This development again highlights how much the former US President could impact the cryptoâs price, with analysts predicting a Bitcoin price surge if Trump wins. #TrumpFirstBTCUse #BTCâ
đšđšMicroStrategy has acquired 7,420 BTC for ~$458.2 million at ~$61,750 per #bitcoin and has achieved BTC Yield of 5.1% QTD and 17.8% YTD. As of 9/19/2024, we hodl 252,220 $BTC acquired for ~$9.9 billion at ~$39,266 per bitcoin. $BTC #MicroStrateg
đšđšBinance Keeps the Listing News Coming: Three New Altcoin Trading Pairs Listed!đšđš Cryptocurrency exchange Binance has announced the listing of Neiro (NEIRO), Turbo (TURBO), and Baby Doge Coin (100000BABYDOGE), which will be available for spot trading starting at 13:00 on September 16, 2024. #newcoin2024
đšđšđšđš #BreakingNews" Former President Donald Trump Is Safe After Second Assassination Attemptđšđšđšđš Shots were fired near former President Donald Trump at his Florida golf club, but he was unharmed, and a suspect is in custody. The FBI and Secret Service are investigating the incident, believed to be an assassination attempt, with the suspect expressing pro-Ukraine sentiments online.
đšđšBitcoin Whale Purchases 1,062 $BTC Worth $64 Million on Binanceđš A significant transaction has occurred in the cryptocurrency market as a whale recently bought 1,062 Bitcoin on Binance, valued at $64 million, according to Ash Crypto, a well-known crypto trader and analyst. This massive holding establishes that the whale indeed holds significant power in the market and owns a big proportion of Bitcoin. #BTCâ