bounce
20,436 views
14 Discussing
Hot
Latest
WILL BITCOIN RISE OR FALL ??
đ BTC Price: 5 Key Things to Know This Week #btc2025
As Bitcoin approaches the end of 2024, itâs trading at a critical juncture in its bull run. While recent price action has been bearish, đ several indicators are fueling hope for the bulls.
đ Bitcoin Nears Range Lows
Bitcoin is currently trading at $93,894, sitting near the lower boundary of its December trading range. After a quiet holiday weekend, renewed downside pressure has brought BTC closer to key support zones.
đ #Keylevel to Watch:
âą $93,550: The weekly open is a crucial short-term support level, according to analysts.
âą $92,000: This liquidation-heavy zone could act as a đ§Č magnet, either triggering a reversal or leading to further dips.
đĄ Is a #Bounce Coming?
Data suggests that short-term holders (STHs) may be approaching seller exhaustion, potentially signaling a market turnaround.
đ Key Metrics:
âą The Market Value to Realized Value (MVRV) ratio is nearing breakeven, historically a signal for local bottoms.
âą The STH Profit/Loss Ratio is at levels last seen in October 2024, when Bitcoin traded at $60,000.
đ These metrics indicate that the selling pressure from STHs might soon ease, setting the stage for a đ potential recovery.
đ #Whales Fuel Bullish Momentum
While retail traders remain apathetic during the holiday season, crypto whales continue accumulating Bitcoin. According to Santiment, this behavior could pave the way for a surprise rally before the year ends.
đŹ âIf whales maintain their accumulation trend, the lack of retail participation might actually trigger a final big pump,â Santiment reported.
đ” Stablecoin Reserves Signal Confidence
Binanceâs stablecoin reserves remain near their all-time high of $31 billion, reflecting strong investor readiness to re-enter the market.
đ Although stablecoin reserves alone canât spark a bull run, they provide essential liquidity and signal active buying pressure.
đŹ âStablecoin reserves staying at these levels suggest robust market positioning,â noted CryptoQuant.
đ #Macro Factors in Play
Beyond crypto-specific dynamics, macroeconomic factors are also influencing Bitcoinâs trajectory.
âą Jobless claims data this week could set the tone for broader risk asset markets.
âą Concerns about stagflation heading into 2025 could weigh on investor sentiment.
đŻ #FinancialWisdom Thoughts
Despite the recent dip, several positive indicatorsâwhale activity, strong stablecoin reserves, and STH metricsâsuggest that Bitcoin may be poised for a recovery. However, with just days left in 2024, volatility could spike as the market reacts to both macroeconomic and technical factors.
Will Bitcoin close the year with a bang, or will the bears maintain control? Stay tuned
As Bitcoin approaches the end of 2024, itâs trading at a critical juncture in its bull run. While recent price action has been bearish, đ several indicators are fueling hope for the bulls.
đ Bitcoin Nears Range Lows
Bitcoin is currently trading at $93,894, sitting near the lower boundary of its December trading range. After a quiet holiday weekend, renewed downside pressure has brought BTC closer to key support zones.
đ #Keylevel to Watch:
âą $93,550: The weekly open is a crucial short-term support level, according to analysts.
âą $92,000: This liquidation-heavy zone could act as a đ§Č magnet, either triggering a reversal or leading to further dips.
đĄ Is a #Bounce Coming?
Data suggests that short-term holders (STHs) may be approaching seller exhaustion, potentially signaling a market turnaround.
đ Key Metrics:
âą The Market Value to Realized Value (MVRV) ratio is nearing breakeven, historically a signal for local bottoms.
âą The STH Profit/Loss Ratio is at levels last seen in October 2024, when Bitcoin traded at $60,000.
đ These metrics indicate that the selling pressure from STHs might soon ease, setting the stage for a đ potential recovery.
đ #Whales Fuel Bullish Momentum
While retail traders remain apathetic during the holiday season, crypto whales continue accumulating Bitcoin. According to Santiment, this behavior could pave the way for a surprise rally before the year ends.
đŹ âIf whales maintain their accumulation trend, the lack of retail participation might actually trigger a final big pump,â Santiment reported.
đ” Stablecoin Reserves Signal Confidence
Binanceâs stablecoin reserves remain near their all-time high of $31 billion, reflecting strong investor readiness to re-enter the market.
đ Although stablecoin reserves alone canât spark a bull run, they provide essential liquidity and signal active buying pressure.
đŹ âStablecoin reserves staying at these levels suggest robust market positioning,â noted CryptoQuant.
đ #Macro Factors in Play
Beyond crypto-specific dynamics, macroeconomic factors are also influencing Bitcoinâs trajectory.
âą Jobless claims data this week could set the tone for broader risk asset markets.
âą Concerns about stagflation heading into 2025 could weigh on investor sentiment.
đŻ #FinancialWisdom Thoughts
Despite the recent dip, several positive indicatorsâwhale activity, strong stablecoin reserves, and STH metricsâsuggest that Bitcoin may be poised for a recovery. However, with just days left in 2024, volatility could spike as the market reacts to both macroeconomic and technical factors.
Will Bitcoin close the year with a bang, or will the bears maintain control? Stay tuned
Persista e nĂŁo desista:
đ«ą
#BTC UPDATE
đ” Technical Analysis (1D):
BTC is currently consolidating within a falling wedge pattern, managing to stay above the indicated level. A breach of this level may lead to a retest of the support trendline within the wedge.
Conversely, a #bounce from this point followed by a breakout of the wedge would signal a shift to bullish momentum. Given the current market uncertainty, it's crucial to monitor price action closely.
đ” Wrap-Up:
BTC remains in a falling wedge, holding above a critical level. A breakdown would prompt a retest of the support trendline, whereas a bounce and subsequent breakout would indicate bullish sentiment. In light of market fluctuations, vigilant monitoring of price action remains essential.
#Bitcoin Daily Range:
Upper Limit: $63,500Lower Limit: $60,200
(+-11% based on moving average volatility from opening to closing points)
đ” Scalp Entries: (For advanced traders only - moderate/high risk)
đ” Long Entry: $57,000
đŽ Short Entry: $65,000
$BTC
đ” Technical Analysis (1D):
BTC is currently consolidating within a falling wedge pattern, managing to stay above the indicated level. A breach of this level may lead to a retest of the support trendline within the wedge.
Conversely, a #bounce from this point followed by a breakout of the wedge would signal a shift to bullish momentum. Given the current market uncertainty, it's crucial to monitor price action closely.
đ” Wrap-Up:
BTC remains in a falling wedge, holding above a critical level. A breakdown would prompt a retest of the support trendline, whereas a bounce and subsequent breakout would indicate bullish sentiment. In light of market fluctuations, vigilant monitoring of price action remains essential.
#Bitcoin Daily Range:
Upper Limit: $63,500Lower Limit: $60,200
(+-11% based on moving average volatility from opening to closing points)
đ” Scalp Entries: (For advanced traders only - moderate/high risk)
đ” Long Entry: $57,000
đŽ Short Entry: $65,000
$BTC
$AUCTION is living a love story. Yes. #bounce is in love with $11.58 USDT. It wants to go down there to meet. It will last very short, but they will have their moment. Remember, like, follow and upvote my account if you want more weird stories of the chart! :D #storiesofthechart
Bounce Brand partners with Salus, a research-driven web3 security company, to revolutionize ecosystem security. The partnership offers perks like ZK Integration advisory and security grants for Bounce ecosystem projects, strengthening security.
#bounce #Salus #web3 #bouncefinance
#bounce #Salus #web3 #bouncefinance
One trader cited bitcoin's "obvious" sell-off, stating that one of the levels is the "dead" aggregat
A top trader who was present during the cryptocurrency's breakout last year believes bitcoin (BTC) will witness a corrective move if it reaches a key price level.
DonAlt expects #BTC to #bounce back quickly once it reaches a resistance level around $BTC A decent pullback to the $46,000 levels or even lower is then likely.
The #cryptocurrency strategist is also considering accumulating BTC on the downside, but only if it falls to a key support level on the senior timeframe around $BTC I am convinced to buy at weekly and monthly support at $32,000 - $BTC I don't think they will be broken, but if they are, this is the type of buy that holds in anticipation of a bottom, simply because this is an important area, a net pullback of 30-40%. I like that.
At the time of writing, #bitcoin was trading at $51,665, down slightly from the day before.
Read us at: Compass Investments
#news
DonAlt expects #BTC to #bounce back quickly once it reaches a resistance level around $BTC A decent pullback to the $46,000 levels or even lower is then likely.
The #cryptocurrency strategist is also considering accumulating BTC on the downside, but only if it falls to a key support level on the senior timeframe around $BTC I am convinced to buy at weekly and monthly support at $32,000 - $BTC I don't think they will be broken, but if they are, this is the type of buy that holds in anticipation of a bottom, simply because this is an important area, a net pullback of 30-40%. I like that.
At the time of writing, #bitcoin was trading at $51,665, down slightly from the day before.
Read us at: Compass Investments
#news
As the shape of the macro triangle of $AUCTION describes, main destination is still in the 11.+ area and yes, that is pretty scary but wherever in the fall you bought, or if you get to buy the very dip, please remember that the #bounce back will be quick and strong. IF you are in this token, hodl and DCA. If you are holding to enter, be conservative and consider a higher risk maneuver to go in bellow 12. Good luck and remember this is NFA and always DYOR!
$AUCTION has found a temporary support on its 0.618 fib. It can go further down, but depending on Bitcoin we can se a #bounce right from here. What do you think? Will it reach te 11.x zone? Lower? Whatever it is, considering the latest developments on this project, the rebound will go beyond its previous lower high. Keep an eye on it!
đŽđŽ Why $AUCTION Pumped 70% in a Single Candle đŽđŽ
> Auction was in trend for sometime when it was launching As BRC-20 Launchpad. It skyrocket then but after that it went fully downward.
> Upbit, Korea's Largest Crypto Exchange listed Auction in KRW pair and the news got people hooked and auction had almost negligible negetive sentiments.
> however instant after announcement a big address carrying million dollar $AUCTION Dumped and the price retraced a bit.
đ đŽđČđ·đ°đœđłđ đžđżđ 123
#Binance #bounce #btc70k
> Auction was in trend for sometime when it was launching As BRC-20 Launchpad. It skyrocket then but after that it went fully downward.
> Upbit, Korea's Largest Crypto Exchange listed Auction in KRW pair and the news got people hooked and auction had almost negligible negetive sentiments.
> however instant after announcement a big address carrying million dollar $AUCTION Dumped and the price retraced a bit.
đ đŽđČđ·đ°đœđłđ đžđżđ 123
#Binance #bounce #btc70k
$AUCTION has bottomed down 3 times in 69 days. Every time it bounced back to the blue trendline and fell. Will you sell on the blue line again or is this time different? You can even zoom out more and decide. Me? IÂŽm just fastening my seatbelt. Why? Well, letÂŽs just call it "Astronaut stuff"... #bounce #auction
The more $AUCTION hovers above its downtrend target, the more it is likely to go there. 11.58 is looking up with love, waiting for this token to come down and #bounce back up from there. I say, and i mean it is something I say like crazy, like when you guess, that #Auction will respect its macro triangle and go back to 24 dollar very quickly after this dip. I also believe this will frame the overall crypto bottom. Not financial advice, DYOR, always DYOR. Like, Follow and Upvote, see you soon!
Now look at this
$NEIRO is testing a very strong support that is formed from 1 month it the price may bounce again after testing it
Keep an eye on it
#MarketPullback $BTC #FullMarketBullRun #bounce
Keep an eye on it
#MarketPullback $BTC #FullMarketBullRun #bounce
Bounce's Bitcoin collateral chain BounceBit claimed on social media that its total locked value (TVL) exceeded $10 million within 10 minutes of its launch.
#bouncefinance #bounce #tvl
#bouncefinance #bounce #tvl
Bitcoin could reach $70k soon - says analyst Justin Bennett.
Analyst and trader Justin Bennett describes one scenario in which bitcoin (BTC) could suddenly soar to $70,000.
Bennett told 111,600 subscribers of social media platform X that there is one way #bitcoin could rise more than 12% of its current value without falling below $BTC Bennett's rebuttal to my call for #BTC to rise to $57,000 to $70,000 was in this four-hour channel. If bitcoin can regain the $63,000-64,000 mark, then we can talk about negating the $69,000-70,000 shorts. If not, and those support levels start to fail, then $57,000 will be the target.
Mr. Bennett warns that bitcoin's return to the $62,000 level on Friday after falling to $60,000 earlier this week may just be a "relief rally" before a deeper correction.
Calls for bitcoin to cross $70,000 after a 3 percent #bounce from $60,000 in Friday's Asian session are pure prejudice. Otherwise, these are not the traders to follow; BTC will only reach $70,000 if it bounces off $64,500. In that case, it will come to a complete halt. Until then, this is just a relief rally to increase sell-side liquidity at the $59,000 and $57,000 levels. The market needs liquidity.
On Thursday, Mr. Bennett said he noticed bitcoin trending higher after #the stock market closed, suggesting the $63,000 level was within reach.
Every day this week, bitcoin rose as soon as the U. S. stock market closed. Will there be a fourth? Either way, I think we will see $57,000, but hopefully there will be a bailout to reset the shorts at the $ 63,200 level.
Read us at: Compass Investments
Bennett told 111,600 subscribers of social media platform X that there is one way #bitcoin could rise more than 12% of its current value without falling below $BTC Bennett's rebuttal to my call for #BTC to rise to $57,000 to $70,000 was in this four-hour channel. If bitcoin can regain the $63,000-64,000 mark, then we can talk about negating the $69,000-70,000 shorts. If not, and those support levels start to fail, then $57,000 will be the target.
Mr. Bennett warns that bitcoin's return to the $62,000 level on Friday after falling to $60,000 earlier this week may just be a "relief rally" before a deeper correction.
Calls for bitcoin to cross $70,000 after a 3 percent #bounce from $60,000 in Friday's Asian session are pure prejudice. Otherwise, these are not the traders to follow; BTC will only reach $70,000 if it bounces off $64,500. In that case, it will come to a complete halt. Until then, this is just a relief rally to increase sell-side liquidity at the $59,000 and $57,000 levels. The market needs liquidity.
On Thursday, Mr. Bennett said he noticed bitcoin trending higher after #the stock market closed, suggesting the $63,000 level was within reach.
Every day this week, bitcoin rose as soon as the U. S. stock market closed. Will there be a fourth? Either way, I think we will see $57,000, but hopefully there will be a bailout to reset the shorts at the $ 63,200 level.
Read us at: Compass Investments
#SNT New Trade Alert!
Pair: $SNT /USDT (LONG)
Leverage: Max. 10x
ENTRY: 0.034 to 0.0364
Optimum Entry: 0.035
Triple bottom formation. Looking for a good #bounce from here. All other LONG calls are going great with more than 50% gains in the past few days.
#market #OpportunityKnocks #opportunity
$SNT
Pair: $SNT /USDT (LONG)
Leverage: Max. 10x
ENTRY: 0.034 to 0.0364
Optimum Entry: 0.035
Triple bottom formation. Looking for a good #bounce from here. All other LONG calls are going great with more than 50% gains in the past few days.
#market #OpportunityKnocks #opportunity
$SNT
Update
#IOST/USDT is a buy here
#Iostusdt is in dip
going to give you 150% from here
#IOST #Write2Earn #bounce
#IOST/USDT is a buy here
#Iostusdt is in dip
going to give you 150% from here
#IOST #Write2Earn #bounce
Bounce Brand is launching a Multi-Strategy Pool for $FDUSD and AUCTION in August, allowing users to boost yield through Binance Launchpool and Earn strategies.
#Bouncebrand #bounce #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA
#Bouncebrand #bounce #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA
What's Driving Polkadot's Active Addresses? đ
#Polkadot 's network is buzzing with activity! They smashed their record for active users, hitting 600,000 in March.
But here's the twist: a memecoin ploy to attract more users (DOT is $DED) fizzled out. Over 40% of the action is on the #Moonbeam platform.
Can this surge in users help Polkadot's token price #bounce back from an 83% drop? All eyes on Polkadot - can they turn user activity into price glory?
#Binance
#crypto2024
#Polkadot 's network is buzzing with activity! They smashed their record for active users, hitting 600,000 in March.
But here's the twist: a memecoin ploy to attract more users (DOT is $DED) fizzled out. Over 40% of the action is on the #Moonbeam platform.
Can this surge in users help Polkadot's token price #bounce back from an 83% drop? All eyes on Polkadot - can they turn user activity into price glory?
#Binance
#crypto2024