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Solana (SOL) Meme Trader Shows Crazy 78% Winrate A Solana meme coin trader has turned heads with an impressive 78% win rate. Over the span of just 11 days, this sharp individual engaged in 27 meme coin trades, with a remarkable 21 of them churning out profits.An analysis of the trader's holdings reveals meticulous selections with significant returns. Top performers like SolDragon (DRAGON) and BurgerkingFootLettuce (BFL) yielded profits of 212.82 SOL and 155.44 SOL, respectively, indicating calculated risk-taking and a deep understanding of the Solana ecosystem's dynamics.The success of this trader raises the question: are they a statistical outlier or a strategic genius? While some may argue that the volatile nature of meme coins makes such win rates the product of chance, others might suggest that the trader is leveraging an advanced understanding of market sentiment, social media trends and the underlying technology of tokens.Notably, this trading triumph comes at a time when the Solana ecosystem is experiencing a correction, with funds gradually shifting toward Ethereum and alternative layer-2 (L2) networks like Arbitrum, which itself has seen a 60% rally. This trend could suggest that while some investors are moving away from Solana, others are finding opportunities amid the market's shifting sands.$SOL #2024withBinance

Solana (SOL) Meme Trader Shows Crazy 78% Winrate

A Solana meme coin trader has turned heads with an impressive 78% win rate. Over the span of just 11 days, this sharp individual engaged in 27 meme coin trades, with a remarkable 21 of them churning out profits.An analysis of the trader's holdings reveals meticulous selections with significant returns. Top performers like SolDragon (DRAGON) and BurgerkingFootLettuce (BFL) yielded profits of 212.82 SOL and 155.44 SOL, respectively, indicating calculated risk-taking and a deep understanding of the Solana ecosystem's dynamics.The success of this trader raises the question: are they a statistical outlier or a strategic genius? While some may argue that the volatile nature of meme coins makes such win rates the product of chance, others might suggest that the trader is leveraging an advanced understanding of market sentiment, social media trends and the underlying technology of tokens.Notably, this trading triumph comes at a time when the Solana ecosystem is experiencing a correction, with funds gradually shifting toward Ethereum and alternative layer-2 (L2) networks like Arbitrum, which itself has seen a 60% rally. This trend could suggest that while some investors are moving away from Solana, others are finding opportunities amid the market's shifting sands.$SOL #2024withBinance
Cardano Price Prediction: Experts Foresee Surge Beyond $1 in JanuaryCardano's price surge is expected beyond $1 as the cryptocurrency shows bullish signs, with analysts predicting a retest of the $1 mark soon.Cardano, the eighth-largest cryptocurrency by market capitalization, is currently showing bullish signs on its 1-day time frame, with a trading price of $0.606351. Despite a slight 0.28% decrease in the last 24 hours, the digital currency’s trajectory suggests a potential retest of the $1 mark in the near future.Cardano’s journey in 2023 was remarkable, achieving a 150% surge and touching a yearly high of $0.67 twice last month. This growth mirrors the expansion in its ecosystem. Minswap, Cardano’s top Decentralized Exchange (DEX), saw an incredible 26,000% increase. Additionally, JPG Store, the leading Non-Fungible Token (NFT) platform on Cardano, welcomed over 16,540 new addresses.Analysts Views on Cardano’s FutureCrypto analyst LuckSide points out Cardano’s critical resistance zone between $0.60 and $0.67. He proposes two scenarios: an upward surge to the $0.70 range or a potential dip to $0.40. Despite regulatory challenges, including being labeled a security by the US SEC, the analyst’s outlook for 2024 remains positive.Dan Gambriello, another prominent analyst, emphasizes Cardano’s dependency on Bitcoin’s market movement for significant gains. He notes ADA’s breakout from a crucial symmetrical triangle, projecting a potential target of $0.80. However, he cautions about the resistance posed by the 200-week moving average, which could act as a major hurdle or a confirming indicator for Cardano’s upward momentum.The cryptocurrency’s 50-day moving average is trending upward, potentially supporting future interactions. The 200-day moving average, currently below the price, might also support a continuing bullish trend. The Relative Strength Index (RSI) remains in the 50-60 neutral zone, indicating a stable trend.Cardano Exhibits Bullish Potential as Bulls Aim $0.070In the recent 2-hour Cardano (ADA) chart, a tug of war is evident between the bears trying to push the price below $0.5896 and the bulls defending this level. Despite the bearish attempts, buyers have consistently provided enough support at this zone. ADA opened the trading session bullishly, maintaining its stand above the $0.600 level. This bullish trend was further solidified as the bulls rebounded, creating a price swing from an intraday low. The Cardano price then recovered to the supply zone at $0.605. ADAUSD formed several double bottoms, indicating a stable yet low price change. Parabolic SAR dots below the price level suggest an underlying bearish sentiment in the market. However, the ongoing struggle between bears and bulls to control ADA’s pricing remains unresolved, with the bulls are having the upper hand.ADA/USD 1-Day chart | TradingViewThe previous hour saw a significant shift in momentum as bulls gathered strength, successfully breaking above minor resistance at $0.70. Following this breakout, the price of ADA rose steadily, reaching an intraday high of $0.6065. This bullish trend is further confirmed on the 4-hour chart, where the consolidation around the $0.605 supply zone is a crucial entry point for potential buyers. This could increase prices above the SMA 20 at $0.6112. Conversely, if the bulls fail to maintain their momentum, ADA’s price might return to its primary support at $0.560. A breach of this support level could lead to a further drop to $0.5112, aligning with the EMA 50 and potentially signaling a downtrend for Cardano.Remember: Your generous vibes power our mission! 🌟Help us serve you better with your awesome tips and keep the Binance spirit alive.🚀And as a gentle reminder, let's keep the Binance love alive by respecting sensitive data and avoiding any negativity without basis. Constructive criticism? Bring it on!🤝#2024withBinance #BinanceTournament #priceprediction #Osmy_CryptoZ

Cardano Price Prediction: Experts Foresee Surge Beyond $1 in January

Cardano's price surge is expected beyond $1 as the cryptocurrency shows bullish signs, with analysts predicting a retest of the $1 mark soon.Cardano, the eighth-largest cryptocurrency by market capitalization, is currently showing bullish signs on its 1-day time frame, with a trading price of $0.606351. Despite a slight 0.28% decrease in the last 24 hours, the digital currency’s trajectory suggests a potential retest of the $1 mark in the near future.Cardano’s journey in 2023 was remarkable, achieving a 150% surge and touching a yearly high of $0.67 twice last month. This growth mirrors the expansion in its ecosystem. Minswap, Cardano’s top Decentralized Exchange (DEX), saw an incredible 26,000% increase. Additionally, JPG Store, the leading Non-Fungible Token (NFT) platform on Cardano, welcomed over 16,540 new addresses.Analysts Views on Cardano’s FutureCrypto analyst LuckSide points out Cardano’s critical resistance zone between $0.60 and $0.67. He proposes two scenarios: an upward surge to the $0.70 range or a potential dip to $0.40. Despite regulatory challenges, including being labeled a security by the US SEC, the analyst’s outlook for 2024 remains positive.Dan Gambriello, another prominent analyst, emphasizes Cardano’s dependency on Bitcoin’s market movement for significant gains. He notes ADA’s breakout from a crucial symmetrical triangle, projecting a potential target of $0.80. However, he cautions about the resistance posed by the 200-week moving average, which could act as a major hurdle or a confirming indicator for Cardano’s upward momentum.The cryptocurrency’s 50-day moving average is trending upward, potentially supporting future interactions. The 200-day moving average, currently below the price, might also support a continuing bullish trend. The Relative Strength Index (RSI) remains in the 50-60 neutral zone, indicating a stable trend.Cardano Exhibits Bullish Potential as Bulls Aim $0.070In the recent 2-hour Cardano (ADA) chart, a tug of war is evident between the bears trying to push the price below $0.5896 and the bulls defending this level. Despite the bearish attempts, buyers have consistently provided enough support at this zone. ADA opened the trading session bullishly, maintaining its stand above the $0.600 level. This bullish trend was further solidified as the bulls rebounded, creating a price swing from an intraday low. The Cardano price then recovered to the supply zone at $0.605. ADAUSD formed several double bottoms, indicating a stable yet low price change. Parabolic SAR dots below the price level suggest an underlying bearish sentiment in the market. However, the ongoing struggle between bears and bulls to control ADA’s pricing remains unresolved, with the bulls are having the upper hand.ADA/USD 1-Day chart | TradingViewThe previous hour saw a significant shift in momentum as bulls gathered strength, successfully breaking above minor resistance at $0.70. Following this breakout, the price of ADA rose steadily, reaching an intraday high of $0.6065. This bullish trend is further confirmed on the 4-hour chart, where the consolidation around the $0.605 supply zone is a crucial entry point for potential buyers. This could increase prices above the SMA 20 at $0.6112. Conversely, if the bulls fail to maintain their momentum, ADA’s price might return to its primary support at $0.560. A breach of this support level could lead to a further drop to $0.5112, aligning with the EMA 50 and potentially signaling a downtrend for Cardano.Remember: Your generous vibes power our mission! 🌟Help us serve you better with your awesome tips and keep the Binance spirit alive.🚀And as a gentle reminder, let's keep the Binance love alive by respecting sensitive data and avoiding any negativity without basis. Constructive criticism? Bring it on!🤝#2024withBinance #BinanceTournament #priceprediction #Osmy_CryptoZ
Solana Foundation Plans Expansion to Brazil With Over $10M in Investments The Solana Foundation, the institution in charge of managing initiatives related to the Solana network, has announced it will expand to Brazil. According to local reports, the organization plans to launch a local team and invest over $10 million in several Web3 fields, including tokenization, artificial intelligence, and art.Solana Foundation Announces Expansion to BrazilSolana is in the middle of expanding its reach into Brazil. The Solana Foundation, the non-profit institution that supports Solana-related initiatives, has announced that it will launch in Brazil this year, opening a local group and different investments in several Web3 fields.According to local reports, the organization will launch a “superteam” in Brazil, a group dedicated to developing apps on top of the Solana blockchain, taking advantage of its low fees and scalability. The foundation has implemented these groups in seven countries and Brazil, providing paid work and opportunities for 700 members and thousands of users who participated in Solana’s hackathons.The organization reported it will invest over $10 million in different areas of the Brazilian Web3 ecosystem, including art, tokenization of assets, and artificial intelligence (AI). Solana saw Brazil as one of its priority markets for expansion in 2024, choosing these areas as interest fields for core investments.Diego Dias, the head of the Brazilian and Latam group, states that these superteams started as decentralized autonomous organizations (DAOs), having morphed as an extension of the Solana Foundation in different parts of the world.Diego stated that the interventions’ objective is to put the community at the forefront of the growth and innovation in Solana. He explained:$SOL #2024withBinance

Solana Foundation Plans Expansion to Brazil With Over $10M in Investments

The Solana Foundation, the institution in charge of managing initiatives related to the Solana network, has announced it will expand to Brazil. According to local reports, the organization plans to launch a local team and invest over $10 million in several Web3 fields, including tokenization, artificial intelligence, and art.Solana Foundation Announces Expansion to BrazilSolana is in the middle of expanding its reach into Brazil. The Solana Foundation, the non-profit institution that supports Solana-related initiatives, has announced that it will launch in Brazil this year, opening a local group and different investments in several Web3 fields.According to local reports, the organization will launch a “superteam” in Brazil, a group dedicated to developing apps on top of the Solana blockchain, taking advantage of its low fees and scalability. The foundation has implemented these groups in seven countries and Brazil, providing paid work and opportunities for 700 members and thousands of users who participated in Solana’s hackathons.The organization reported it will invest over $10 million in different areas of the Brazilian Web3 ecosystem, including art, tokenization of assets, and artificial intelligence (AI). Solana saw Brazil as one of its priority markets for expansion in 2024, choosing these areas as interest fields for core investments.Diego Dias, the head of the Brazilian and Latam group, states that these superteams started as decentralized autonomous organizations (DAOs), having morphed as an extension of the Solana Foundation in different parts of the world.Diego stated that the interventions’ objective is to put the community at the forefront of the growth and innovation in Solana. He explained:$SOL #2024withBinance
Unfortunately I am Closing My #Binance Account for forever I Came in the #cryptoWorld I am daily user of Binance Because of #Binance This App has brilliant features easiest way to run, I have not money to spend these assets are precious but tomorrow i will be Selling these assets.I Thought This year #2024withBinance will be amazing but unfortunately it isnt thats why i am closing. Stay Blessed❤️
Unfortunately I am Closing My #Binance Account for forever I Came in the #cryptoWorld I am daily user of Binance Because of #Binance This App has brilliant features easiest way to run, I have not money to spend these assets are precious but tomorrow i will be Selling these assets.I Thought This year #2024withBinance will be amazing but unfortunately it isnt thats why i am closing. Stay Blessed❤️
LIVE
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Bearish
There was a sudden drop in Bitcoin price! Why? Matrixport analysts, who changed their minds about the #Bitcoin price and the SEC's approval for spot Bitcoin ETFs, claimed in their latest report that the SEC may reject all ETF applications in January, and possible approvals may be delayed until the second quarter of 2024. After this news, BTC, which was at $ 45,000, fell below $ 41,000. The decline in Bitcoin was also accompanied by altcoins. $BTC #2024withBinance
There was a sudden drop in Bitcoin price! Why?

Matrixport analysts, who changed their minds about the #Bitcoin price and the SEC's approval for spot Bitcoin ETFs, claimed in their latest report that the SEC may reject all ETF applications in January, and possible approvals may be delayed until the second quarter of 2024.

After this news, BTC, which was at $ 45,000, fell below $ 41,000.

The decline in Bitcoin was also accompanied by altcoins.

$BTC

#2024withBinance
Top Cryptocurrency To Buy Now in 2024 In the ever-evolving landscape of digital currencies, the year 2024 promises a thrilling journey into the realm of unprecedented possibilities. Are you ready to ride the waves of innovation and seize the golden opportunities that lie ahead? Brace yourself as we unveil the “Top Cryptocurrency to Buy Now in 2024,” a comprehensive guide crafted for visionary investors and crypto enthusiasts alike.As we stand on the brink of a new era, the cryptocurrency market is poised for a revolution, and the choices you make today can shape your financial destiny tomorrow. From cutting-edge technologies to groundbreaking projects, this article is your key to navigating the intricate world of crypto with confidence.Join us as we dissect the market trends, analyze emerging players, and present you with the undisputed champions set to redefine the landscape. Whether you’re a seasoned investor or a curious newcomer, this article will equip you with the insights needed to make informed decisions in the fast-paced and dynamic realm of cryptocurrencies.Strategic Investments: Unveiling the Top 5 Cryptocurrencies to Buy in 2024Pikamoon ($PIkA): A Deflationary Play-to-Earn Coin with Promising Use Case Bonk Coin (BONK): Dog-Themed Meme Coin and Social Media DarlingNear Protocol (NEAR): A user-Friendly and Carbon-Neutral BlockchainInjective (INJ): A decentralized exchange (DEX) protocol constructed on CosmosCelestia (TIA): The World’s First Data availability Blockchain NetworkUnravelling the Influence of Market Sentiment and External Factors on Top Cryptocurrency SelectionRelatedBitcoin Trend Strength Exhibits Striking Similarities With Last Bull RunBitcoin price is above $45,000 for the first time since April 2022 and according to the weekly Average Directional Index, the rally might not be stopping anytime soon. That’s because the trend strength measuring tool is beginning to show shocking similarities with the 2021 bull run.When Bitcoin is trending, it is wise to get out of the way. The same is true regardless of whether or not BTCUSD is in an uptrend or a downtrend. Currently, the top cryptocurrency by market cap is in an uptrend, according to the Average Directional Index.The tool is designed to measure the strength of a trend on any timeframe. When the ADX is growing and rises above 20, it suggests there is an active trend in play. Below 20, and there isn’t enough evidence of a trend, which could suggest sideways price action.Not only is the weekly ADX in Bitcoin above 20, but is is above 51. Reaching above 51 in late 2020, resulted in four-week-long 120% push higher. If the same magnitude move follows, BTCUSD could hit $94,000 per coin by mid-February.The Average Directional Index is a trend-strength measuring tool designed by J. Welles Wilder, Jr., the creator of other technical analysis tools such asThe ADX reading in dark blue above shows the strength of a trend. The ADX, however, comes equipped with two Directional Indicators, the DI+ and DI-. Not only is the ADX in the exact location of the late 2020, early 2021 bull run, but the DI+ in green and DI- in red are also at the same level.This could hint at the same ripe conditions for a parabolic rally. In 2021, Bitcoin peaked when the ADX reached 85 and began to tumble back downward. If BTCUSD exceeds this level, we could be looking at an even stronger rally than expected.If it fails to reach above 85, yet sets a new all-time high, a bearish divergence could warn of an impending top in crypto. Whatever the case may be, the ADX could be an important tool in understanding cryptocurrency trends. Tony "The Bull" Severino is a level 3 CMT student (passed level 1 & 2), technical analyst, and the Head of Research at NewsBTC. Tony is also the Founder of CoinChartist – a technical analysis educational resource designed for crypto traders. Tony is a partner of Elliott Wave International, TradingView, and a member of the CMT Association. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.#2024withBinance #binanceSquare #Binancefeed #2023withBinance.

Top Cryptocurrency To Buy Now in 2024

In the ever-evolving landscape of digital currencies, the year 2024 promises a thrilling journey into the realm of unprecedented possibilities. Are you ready to ride the waves of innovation and seize the golden opportunities that lie ahead? Brace yourself as we unveil the “Top Cryptocurrency to Buy Now in 2024,” a comprehensive guide crafted for visionary investors and crypto enthusiasts alike.As we stand on the brink of a new era, the cryptocurrency market is poised for a revolution, and the choices you make today can shape your financial destiny tomorrow. From cutting-edge technologies to groundbreaking projects, this article is your key to navigating the intricate world of crypto with confidence.Join us as we dissect the market trends, analyze emerging players, and present you with the undisputed champions set to redefine the landscape. Whether you’re a seasoned investor or a curious newcomer, this article will equip you with the insights needed to make informed decisions in the fast-paced and dynamic realm of cryptocurrencies.Strategic Investments: Unveiling the Top 5 Cryptocurrencies to Buy in 2024Pikamoon ($PIkA): A Deflationary Play-to-Earn Coin with Promising Use Case Bonk Coin (BONK): Dog-Themed Meme Coin and Social Media DarlingNear Protocol (NEAR): A user-Friendly and Carbon-Neutral BlockchainInjective (INJ): A decentralized exchange (DEX) protocol constructed on CosmosCelestia (TIA): The World’s First Data availability Blockchain NetworkUnravelling the Influence of Market Sentiment and External Factors on Top Cryptocurrency SelectionRelatedBitcoin Trend Strength Exhibits Striking Similarities With Last Bull RunBitcoin price is above $45,000 for the first time since April 2022 and according to the weekly Average Directional Index, the rally might not be stopping anytime soon. That’s because the trend strength measuring tool is beginning to show shocking similarities with the 2021 bull run.When Bitcoin is trending, it is wise to get out of the way. The same is true regardless of whether or not BTCUSD is in an uptrend or a downtrend. Currently, the top cryptocurrency by market cap is in an uptrend, according to the Average Directional Index.The tool is designed to measure the strength of a trend on any timeframe. When the ADX is growing and rises above 20, it suggests there is an active trend in play. Below 20, and there isn’t enough evidence of a trend, which could suggest sideways price action.Not only is the weekly ADX in Bitcoin above 20, but is is above 51. Reaching above 51 in late 2020, resulted in four-week-long 120% push higher. If the same magnitude move follows, BTCUSD could hit $94,000 per coin by mid-February.The Average Directional Index is a trend-strength measuring tool designed by J. Welles Wilder, Jr., the creator of other technical analysis tools such asThe ADX reading in dark blue above shows the strength of a trend. The ADX, however, comes equipped with two Directional Indicators, the DI+ and DI-. Not only is the ADX in the exact location of the late 2020, early 2021 bull run, but the DI+ in green and DI- in red are also at the same level.This could hint at the same ripe conditions for a parabolic rally. In 2021, Bitcoin peaked when the ADX reached 85 and began to tumble back downward. If BTCUSD exceeds this level, we could be looking at an even stronger rally than expected.If it fails to reach above 85, yet sets a new all-time high, a bearish divergence could warn of an impending top in crypto. Whatever the case may be, the ADX could be an important tool in understanding cryptocurrency trends. Tony "The Bull" Severino is a level 3 CMT student (passed level 1 & 2), technical analyst, and the Head of Research at NewsBTC. Tony is also the Founder of CoinChartist – a technical analysis educational resource designed for crypto traders. Tony is a partner of Elliott Wave International, TradingView, and a member of the CMT Association. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.#2024withBinance #binanceSquare #Binancefeed #2023withBinance.
XRP Lawyer Volunteers To Represent Retail Token Ho A prominent crypto lawyer who helped Ripple Labs and #XRP in the case against the U.S. Securities and Exchange Commission (SEC) is volunteering to represent US retail token holders during an upcoming Congressional hearing.Responding to an announcement made by the Financial Services GOP about the upcoming Capital Markets and Digital Assets, Financial Technology and Inclusion hearing, crypto attorney John Deaton volunteers his services to US retail token holders, saying that he could testify on their behalf and represent their interests.According to Deaton, Gary Gensler, the Chairman of the SEC, does not have the best interest of retail investors at heart while the Biden administration, alongside Senator Elizabeth Warren – who authored legislation that has been purported as anti-crypto – is actively harming the crypto community.“If you want someone to testify who actually represents the interests of token holders –not crypto companies – and who has taken on the SEC and who’s helped expose just how much Gary Gensler does NOT protect investors – I volunteer my services.I represented 75,000 XRP holders as amicus counsel in the Ripple case and I was amicus counsel in the case and I represent over 5,000 Coinbase customers related to the SEC suit against Coinbase – you know, the company the SEC approved to go public and then 2 years later sued claiming the entire business model is illegal.If you want the American public to learn what Gary Gensler and the Biden/Warren Administration is doing to harm everyday regular Americans, let me know.”XRP is trading for $0.585 at time of writing, a 1.74% increase during the last 24 hours.$XRP #2024withBinance

XRP Lawyer Volunteers To Represent Retail Token Ho

A prominent crypto lawyer who helped Ripple Labs and #XRP in the case against the U.S. Securities and Exchange Commission (SEC) is volunteering to represent US retail token holders during an upcoming Congressional hearing.Responding to an announcement made by the Financial Services GOP about the upcoming Capital Markets and Digital Assets, Financial Technology and Inclusion hearing, crypto attorney John Deaton volunteers his services to US retail token holders, saying that he could testify on their behalf and represent their interests.According to Deaton, Gary Gensler, the Chairman of the SEC, does not have the best interest of retail investors at heart while the Biden administration, alongside Senator Elizabeth Warren – who authored legislation that has been purported as anti-crypto – is actively harming the crypto community.“If you want someone to testify who actually represents the interests of token holders –not crypto companies – and who has taken on the SEC and who’s helped expose just how much Gary Gensler does NOT protect investors – I volunteer my services.I represented 75,000 XRP holders as amicus counsel in the Ripple case and I was amicus counsel in the case and I represent over 5,000 Coinbase customers related to the SEC suit against Coinbase – you know, the company the SEC approved to go public and then 2 years later sued claiming the entire business model is illegal.If you want the American public to learn what Gary Gensler and the Biden/Warren Administration is doing to harm everyday regular Americans, let me know.”XRP is trading for $0.585 at time of writing, a 1.74% increase during the last 24 hours.$XRP #2024withBinance
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Bullish
DOGE SHIB and BONK Price Analysis for January 3 A big correction has arrived on the cryptocurrency market, according to CoinMarketCap.Top coins by CoinMarketCapDOGE/USDThe rate of DOGE has dropped by 11% since yesterday.Image by TradingViewOn the daily chart, the price of #DOGE has reached the support level of $0.08380. If the bar closes below it, the meme coin will return to the bearish zone. In that case, the correction might continue to the $0.07 area.DOGE is trading at $0.08227 at press time.SHIB/USDSHIB has followed the dumping of other coins, going down by 15%.Image by TradingViewThe rate of SHIB keeps declining after a failed attempt to fix above the $0.00001136 mark. From the technical point of view, bears have seized the initiative; however, the price is far from the support and resistance levels.RelatedBTC and ETH Price Analysis for January 2All in all, sideways trading in the area of $0.000008-$0.00000950 is the more likely scenario for the next few days.SHIB is trading at $0.00000924 at press time.BONK/USDBONK is the biggest loser today, falling by more than 20%.Image by TradingViewThe rate of BONK has broken the support level of $0.00001238, entering the bearish zone. Until the price is below that mark, there are chances to see a further downward move. If that happens, traders may see a test of the $0.0000090 area soon.BONK is trading at $0.00001124 at press time. $DOGE $SHIB $BONK #2024withBinance
DOGE SHIB and BONK Price Analysis for January 3

A big correction has arrived on the cryptocurrency market, according to CoinMarketCap.Top coins by CoinMarketCapDOGE/USDThe rate of DOGE has dropped by 11% since yesterday.Image by TradingViewOn the daily chart, the price of #DOGE has reached the support level of $0.08380. If the bar closes below it, the meme coin will return to the bearish zone. In that case, the correction might continue to the $0.07 area.DOGE is trading at $0.08227 at press time.SHIB/USDSHIB has followed the dumping of other coins, going down by 15%.Image by TradingViewThe rate of SHIB keeps declining after a failed attempt to fix above the $0.00001136 mark. From the technical point of view, bears have seized the initiative; however, the price is far from the support and resistance levels.RelatedBTC and ETH Price Analysis for January 2All in all, sideways trading in the area of $0.000008-$0.00000950 is the more likely scenario for the next few days.SHIB is trading at $0.00000924 at press time.BONK/USDBONK is the biggest loser today, falling by more than 20%.Image by TradingViewThe rate of BONK has broken the support level of $0.00001238, entering the bearish zone. Until the price is below that mark, there are chances to see a further downward move. If that happens, traders may see a test of the $0.0000090 area soon.BONK is trading at $0.00001124 at press time.

$DOGE $SHIB $BONK

#2024withBinance
Crypto Prices Today: Bitcoin Retreats, Altcoins Follow Suit While KAS SurgesAfter hitting a 21-month high, Bitcoin price fell on Wednesday morning, sending the global crypto market cap tumbling to $1.73 trillion.Red was the dominant color all over the cryptocurrency charts on Wednesday morning. The OG cryptocurrency Bitcoin fell, retreating from the nearly two-year high but prices were still hovering around the peak of the recent rally.Other cryptocurrencies followed suit, leaving crypto investors jittery. However, Bitcoin’s recent price surge has spurred calls for a new crypto bull market, buoyed by expectations that the US Securities and Exchange Commission (SEC) will approve a spot Bitcoin exchange-traded fund (ETF) by Jan 10.Bitcoin price slid 0.36% over the last 24 hours to $45,256, with its market capitalization at $886.54 billion. The 24-hour trading volume, however, jumped nearly 28% to $32.7 billion.Beyond Bitcoin, Ethereum — the second largest crypto — fell 0.82% to $2,368. At press time, its market capitalization stood at $284.67 billion. Ether’s trading volume over the last 24 hours surged over 37% to $11.68 billion.Other tokens were also weak, with Tether price down 0.05% and BNB off 2.08%. Solana plunged over 3% in the last 24 hours to below $108 while XRP shed more than 1%. Memecoins also fell, with Dogecoin dropping 1.34%, and Shiba Inu sliding 1.78%.The drop in prices of cryptocurrencies was reflected in the global crypto market, which slid nearly 0.47% to $1.73 trillion. However, the fear and greed index level stood at 74, indicating investor sentiment is greed, meaning they’re still keen on buying.Top 3 Cryptos For TodayPepe CoinThe price of Pepe Coin has fallen over 4% over the last 24 hours to $0.000001367, sending its market cap tumbling by over 4% to $574.5 million. However, its trading volume over the last 24 hours was up nearly 3% at $73.14 million.Kaspa (KAS)While major cryptocurrencies fell on Wednesday, KAS investors were rolling in dough, with the token rising nearly 2% to $0.12 over the last 24 hours. The optimism was reflected in its market cap, which expanded by 1.86% to $2.6 billion. The 24-hour trading volume surged over 30% to over $36.56 millionArbitrum (ARB)The price of Arbitrum jumped over 9% over the last 24 hours to $1.89. The token has appreciated more than 47% in the last seven days and is sitting at a market cap of $2.41 billion. As of writing, its trading volume stood at $1.3 billion.#BTC!💰 #priceprediction #BinanceTournament #Osmy_CryptoZ #2024withBinance

Crypto Prices Today: Bitcoin Retreats, Altcoins Follow Suit While KAS Surges

After hitting a 21-month high, Bitcoin price fell on Wednesday morning, sending the global crypto market cap tumbling to $1.73 trillion.Red was the dominant color all over the cryptocurrency charts on Wednesday morning. The OG cryptocurrency Bitcoin fell, retreating from the nearly two-year high but prices were still hovering around the peak of the recent rally.Other cryptocurrencies followed suit, leaving crypto investors jittery. However, Bitcoin’s recent price surge has spurred calls for a new crypto bull market, buoyed by expectations that the US Securities and Exchange Commission (SEC) will approve a spot Bitcoin exchange-traded fund (ETF) by Jan 10.Bitcoin price slid 0.36% over the last 24 hours to $45,256, with its market capitalization at $886.54 billion. The 24-hour trading volume, however, jumped nearly 28% to $32.7 billion.Beyond Bitcoin, Ethereum — the second largest crypto — fell 0.82% to $2,368. At press time, its market capitalization stood at $284.67 billion. Ether’s trading volume over the last 24 hours surged over 37% to $11.68 billion.Other tokens were also weak, with Tether price down 0.05% and BNB off 2.08%. Solana plunged over 3% in the last 24 hours to below $108 while XRP shed more than 1%. Memecoins also fell, with Dogecoin dropping 1.34%, and Shiba Inu sliding 1.78%.The drop in prices of cryptocurrencies was reflected in the global crypto market, which slid nearly 0.47% to $1.73 trillion. However, the fear and greed index level stood at 74, indicating investor sentiment is greed, meaning they’re still keen on buying.Top 3 Cryptos For TodayPepe CoinThe price of Pepe Coin has fallen over 4% over the last 24 hours to $0.000001367, sending its market cap tumbling by over 4% to $574.5 million. However, its trading volume over the last 24 hours was up nearly 3% at $73.14 million.Kaspa (KAS)While major cryptocurrencies fell on Wednesday, KAS investors were rolling in dough, with the token rising nearly 2% to $0.12 over the last 24 hours. The optimism was reflected in its market cap, which expanded by 1.86% to $2.6 billion. The 24-hour trading volume surged over 30% to over $36.56 millionArbitrum (ARB)The price of Arbitrum jumped over 9% over the last 24 hours to $1.89. The token has appreciated more than 47% in the last seven days and is sitting at a market cap of $2.41 billion. As of writing, its trading volume stood at $1.3 billion.#BTC!💰 #priceprediction #BinanceTournament #Osmy_CryptoZ #2024withBinance
Mystery Wallet Rockets to Top 10 Bitcoin Holders W In the last 72 hours, a wallet potentially linked to Tether has once again captured attention. #Bitcoin News reported on this particular wallet on Aug. 5, 2023, noting its status as the 11th largest bitcoin wallet.At that juncture, a 21 research analyst posited that the wallet might be associated with Tether, correlating with the stablecoin issuer’s financial attestations. Tether had previously acknowledged holding bitcoin as part of its assets, yet it hadn’t publicly shared any specific wallet address.After this initial report, Cryptoquant, a blockchain analytics firm, raised doubts about the wallet’s connection to Tether. 145 days later, on December 31, 2023, a significant sum of 8,888.88 BTC was transferred to the wallet, identified as “bc1qj.”The bitcoin, like all previous deposits to this wallet since its creation, originated from Bitfinex. This consistent pattern of deposits from Bitfinex further fuels speculation that the wallet might be owned by Tether.$BTC #2024withBinance #2024Investments

Mystery Wallet Rockets to Top 10 Bitcoin Holders W

In the last 72 hours, a wallet potentially linked to Tether has once again captured attention. #Bitcoin News reported on this particular wallet on Aug. 5, 2023, noting its status as the 11th largest bitcoin wallet.At that juncture, a 21 research analyst posited that the wallet might be associated with Tether, correlating with the stablecoin issuer’s financial attestations. Tether had previously acknowledged holding bitcoin as part of its assets, yet it hadn’t publicly shared any specific wallet address.After this initial report, Cryptoquant, a blockchain analytics firm, raised doubts about the wallet’s connection to Tether. 145 days later, on December 31, 2023, a significant sum of 8,888.88 BTC was transferred to the wallet, identified as “bc1qj.”The bitcoin, like all previous deposits to this wallet since its creation, originated from Bitfinex. This consistent pattern of deposits from Bitfinex further fuels speculation that the wallet might be owned by Tether.$BTC #2024withBinance #2024Investments
LIVE
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Bullish
LIVE
Mi_395
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Bearish
$BTC
#BTC Showing a Down Trend , Expected To Drop Around 45850 Then if didn't sustain on this support it will go around 44600.

Note: It's Just a Prediction Don't Open Any Position Based On This.

#etf #Dumping #DownTrend #SECApprovalJourney
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC could reach $50,000 if spot ETF anticipation cTop 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC could reach $50,000 if spot ETF anticipation climaxesBitcoin price could ascend to $50,000 if SEC greenlights spot BTC ETF.Ethereum price readies for a possible 10% climb to $2,500 amid rising momentum and a weakening downtrend.Ripple price finds support at $0.5442, recovery rally in the works as altcoin hopes rest on SEC decision.Bitcoin (BTC) price remains broadly bullish, though not to its full potential, as it could spring higher on chatter about regulator approval of spot exchange-traded funds (ETFs). Altcoins, starting with Ethereum (ETH) price and Ripple (XRP) price, are also poised for a positive move, with all hopes pegged to the decision expected this week from the Securities & Exchange Commission (SEC).Bitcoin eyes $50,000 amid spot ETF-related optimism :Bitcoin (BTC) price continues to intertwine itself with the midline of the weekly supply zone at $43,860 but could break out soon as spot ETF developments approach a deadline. The king of cryptocurrency’s price has strong support provided by the 25-day and 50-day Exponential Moving Averages (EMAs) at $43,130 and $41,391, respectively. The inclination of these moving averages to the north show it is the path with the least resistance.The Relative Strength Index (RSI) is also tipping north, showing rising momentum. Increased buying pressure above current levels could see Bitcoin price make a decisive move above the critical threshold of $43,860, before an extension to the next critical range at $48,000.Once Bitcoin price overcomes the $48,000 steeple, it could make a quick run to the $50,000 psychological level before potential profit booking. However, traders keeping their profit appetite in check could set the pace for BTC to reach the highly ambitious target of $60,000.On the flipside, if early profit booking commences, instigated either by a rejection from the SEC or a delay in the decision, Bitcoin price could descend. Such a move could see it break below the 25 and 50-day EMAs before testing the confluence between the 100-day EMA and the horizontal line near the $37,800 level.However, for the prevailing bullish outlook to be invalidated, Bitcoin price must close below the $30,000 psychological level.Ethereum price coils up for a 10% climb:Ethereum (ETH) price remains within the confines of an ascending parallel channel, with the final retest of the lower boundary of the channel possibly precipitating a 10% climb to $2,500. The RSI is moving north, evidence of rising momentum, accentuated by the falling Average Directional Index (ADX), showing that the slump that saw ETH value drop is losing strength.Increased buying pressure could see Ethereum price shatter the $2,388 resistance, before clearing the $2,445 range high as it heads to the forecasted $2,500 target. A strong jolt past this level could see ETH market value reach $3,000.On the other hand, if profit takers pull the trigger, Ethereum price could roll over, potentially losing the support at $2,135. Below this level, the cliff could send Ether to the depths of $2,000, or in a dire case, invalidate the bullish outlook by breaking and closing below $1,935.Ripple price could scale a recovery with $0.5442 support holding :Ripple (XRP) price may have bottomed out after the $0.5442 support came into play. The RSI edging north points to rising momentum, whereas the ADX indicator rising suggests a strengthening trend.Enhanced buyer momentum could see Ripple price overcome the critical support at $0.5784, potentially going as high as to breach the resistance due to the descending trendline and collecting sell-side liquidity around the $0.7000 psychological level.Conversely, if traders who got wrecked during the January 2 crash choose to exit the market after breaking even, XRP price could drop, with a break below the $0.5442 support exposing Ripple price to a cliff. This would expose further downside as low as the midline of the Fair Value Gap (FVG) at $0.5002. A break and close below this level would confirm the continuation of the downtrend.$BTC $ETH $XRP #XAI #Launchpool #2024withBinance

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC could reach $50,000 if spot ETF anticipation c

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC could reach $50,000 if spot ETF anticipation climaxesBitcoin price could ascend to $50,000 if SEC greenlights spot BTC ETF.Ethereum price readies for a possible 10% climb to $2,500 amid rising momentum and a weakening downtrend.Ripple price finds support at $0.5442, recovery rally in the works as altcoin hopes rest on SEC decision.Bitcoin (BTC) price remains broadly bullish, though not to its full potential, as it could spring higher on chatter about regulator approval of spot exchange-traded funds (ETFs). Altcoins, starting with Ethereum (ETH) price and Ripple (XRP) price, are also poised for a positive move, with all hopes pegged to the decision expected this week from the Securities & Exchange Commission (SEC).Bitcoin eyes $50,000 amid spot ETF-related optimism :Bitcoin (BTC) price continues to intertwine itself with the midline of the weekly supply zone at $43,860 but could break out soon as spot ETF developments approach a deadline. The king of cryptocurrency’s price has strong support provided by the 25-day and 50-day Exponential Moving Averages (EMAs) at $43,130 and $41,391, respectively. The inclination of these moving averages to the north show it is the path with the least resistance.The Relative Strength Index (RSI) is also tipping north, showing rising momentum. Increased buying pressure above current levels could see Bitcoin price make a decisive move above the critical threshold of $43,860, before an extension to the next critical range at $48,000.Once Bitcoin price overcomes the $48,000 steeple, it could make a quick run to the $50,000 psychological level before potential profit booking. However, traders keeping their profit appetite in check could set the pace for BTC to reach the highly ambitious target of $60,000.On the flipside, if early profit booking commences, instigated either by a rejection from the SEC or a delay in the decision, Bitcoin price could descend. Such a move could see it break below the 25 and 50-day EMAs before testing the confluence between the 100-day EMA and the horizontal line near the $37,800 level.However, for the prevailing bullish outlook to be invalidated, Bitcoin price must close below the $30,000 psychological level.Ethereum price coils up for a 10% climb:Ethereum (ETH) price remains within the confines of an ascending parallel channel, with the final retest of the lower boundary of the channel possibly precipitating a 10% climb to $2,500. The RSI is moving north, evidence of rising momentum, accentuated by the falling Average Directional Index (ADX), showing that the slump that saw ETH value drop is losing strength.Increased buying pressure could see Ethereum price shatter the $2,388 resistance, before clearing the $2,445 range high as it heads to the forecasted $2,500 target. A strong jolt past this level could see ETH market value reach $3,000.On the other hand, if profit takers pull the trigger, Ethereum price could roll over, potentially losing the support at $2,135. Below this level, the cliff could send Ether to the depths of $2,000, or in a dire case, invalidate the bullish outlook by breaking and closing below $1,935.Ripple price could scale a recovery with $0.5442 support holding :Ripple (XRP) price may have bottomed out after the $0.5442 support came into play. The RSI edging north points to rising momentum, whereas the ADX indicator rising suggests a strengthening trend.Enhanced buyer momentum could see Ripple price overcome the critical support at $0.5784, potentially going as high as to breach the resistance due to the descending trendline and collecting sell-side liquidity around the $0.7000 psychological level.Conversely, if traders who got wrecked during the January 2 crash choose to exit the market after breaking even, XRP price could drop, with a break below the $0.5442 support exposing Ripple price to a cliff. This would expose further downside as low as the midline of the Fair Value Gap (FVG) at $0.5002. A break and close below this level would confirm the continuation of the downtrend.$BTC $ETH $XRP #XAI #Launchpool #2024withBinance
XRP may recover as traders bank on Injective and I 2024 has hit the ground running—a great start to what many believe will be a bull market. While some tokens have had a head start, crypto experts anticipate XRP prices to surge. This is due to its underwhelming performance in Q4 2023. Meanwhile, traders are optimistic about Injective (INJ) and InQubeta (QUBE). $XRP #2024withBinance
XRP may recover as traders bank on Injective and I

2024 has hit the ground running—a great start to what many believe will be a bull market. While some tokens have had a head start, crypto experts anticipate XRP prices to surge. This is due to its underwhelming performance in Q4 2023. Meanwhile, traders are optimistic about Injective (INJ) and InQubeta (QUBE).

$XRP

#2024withBinance
LIVE
Mi_395
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#LTC/USDT LONG

Almost it gives an conformation.

Entry ( 68.85 - 69.05 )

Targets

69.50

70

70.50

71

71.50

72

73

74 .. .. ..

$LTC #UpwardTrend #BULLİSH2024
#BTC #Ethereum2024
MASTERING THE ART OF CRYPTO DAY TRADING: A TRADER'S JOURNEY AND RULES FOR SUCCESS.In the dynamic world of cryptocurrency day trading, success is often elusive, requiring discipline, strategy, and a strong mental game. A few years ago, I found myself stuck as a breakeven intraday trader, struggling with revenge trading and overtrading. It took six months of self-reflection and the implementation of a unique affirmation technique to break free from this cycle and start making decent profits.The Power of AffirmationMy turning point came when I decided to combat my negative habits head-on. I wrote down a set of rules for my intraday trading on a thick paper sheet, which I then affixed to the wall near my trading desk. This simple yet impactful practice served as a constant reminder, helping me stay disciplined and avoid unnecessary trades. Laughed at, But SuccessfulDuring a casual meeting with a fellow trader, he chuckled upon seeing my trading rules on the wall, dismissing it as a "bulls**t method." Undeterred, I explained that everyone is different, and I needed external help to stay on track. Ironically, the same trader later sought my guidance on affirmation methods, highlighting the effectiveness of this seemingly unconventional approach.The Intraday Trading Rules That Turned the Tide1. Limit Daily Losses: Don't lose more than 10% of your capital on any trading day. Setting this boundary ensures that a single bad day doesn't wipe out your resources.2. Risk Management: Don't risk more than 3% of your capital in one trade. Managing risk is paramount, protecting your overall capital from significant hits.3. Emotional Well-being: If not emotionally well, take a break. Acknowledging the impact of emotions on trading and stepping back when needed is crucial for consistent performance.4. Probability Over Prediction: Understand that trading is a probability game, not a prediction game. Accepting the inherent uncertainty helps in making rational decisions.5. Avoid Chasing Every Opportunity: It's impossible to catch all excellent trade opportunities every time. Patience and selectivity are key.6. Stick to Your System: Consistency is key. Stick to one trading system across different market conditions for a smoother learning curve.7. Avoid Trading During Drawdowns: Steer clear during significant drawdowns or after a series of failed trades. Preserve capital for better opportunities.8. Continuous Learning: No one knows everything in the market. Acknowledge mistakes, learn from them, and adapt to improve.9. Daily Profit Focus: Aim to make money every day. Avoid distractions like seeking external validation or building a follower count.10. Ego Management: No need to argue; success is measured by profitability, not personal opinions. Keep ego in check to maximize profits.11. Ride Profits Wisely: Learning to manage profits is challenging but crucial. Patience and strategic exits contribute to long-term success.ConclusionThe journey from a breakeven trader to consistent profitability involves self-awareness, discipline, and a well-defined set of rules. While my affirmation technique might not be for everyone, the key lies in finding what works for you. These intraday trading rules, born out of personal experience, serve as a roadmap for navigating the volatile world of crypto day trading. Remember, in trading, as in life, continuous learning and adaptability are the keys to success. #BTC #etf #trading_tips #2024withBinance

MASTERING THE ART OF CRYPTO DAY TRADING: A TRADER'S JOURNEY AND RULES FOR SUCCESS.

In the dynamic world of cryptocurrency day trading, success is often elusive, requiring discipline, strategy, and a strong mental game. A few years ago, I found myself stuck as a breakeven intraday trader, struggling with revenge trading and overtrading. It took six months of self-reflection and the implementation of a unique affirmation technique to break free from this cycle and start making decent profits.The Power of AffirmationMy turning point came when I decided to combat my negative habits head-on. I wrote down a set of rules for my intraday trading on a thick paper sheet, which I then affixed to the wall near my trading desk. This simple yet impactful practice served as a constant reminder, helping me stay disciplined and avoid unnecessary trades. Laughed at, But SuccessfulDuring a casual meeting with a fellow trader, he chuckled upon seeing my trading rules on the wall, dismissing it as a "bulls**t method." Undeterred, I explained that everyone is different, and I needed external help to stay on track. Ironically, the same trader later sought my guidance on affirmation methods, highlighting the effectiveness of this seemingly unconventional approach.The Intraday Trading Rules That Turned the Tide1. Limit Daily Losses: Don't lose more than 10% of your capital on any trading day. Setting this boundary ensures that a single bad day doesn't wipe out your resources.2. Risk Management: Don't risk more than 3% of your capital in one trade. Managing risk is paramount, protecting your overall capital from significant hits.3. Emotional Well-being: If not emotionally well, take a break. Acknowledging the impact of emotions on trading and stepping back when needed is crucial for consistent performance.4. Probability Over Prediction: Understand that trading is a probability game, not a prediction game. Accepting the inherent uncertainty helps in making rational decisions.5. Avoid Chasing Every Opportunity: It's impossible to catch all excellent trade opportunities every time. Patience and selectivity are key.6. Stick to Your System: Consistency is key. Stick to one trading system across different market conditions for a smoother learning curve.7. Avoid Trading During Drawdowns: Steer clear during significant drawdowns or after a series of failed trades. Preserve capital for better opportunities.8. Continuous Learning: No one knows everything in the market. Acknowledge mistakes, learn from them, and adapt to improve.9. Daily Profit Focus: Aim to make money every day. Avoid distractions like seeking external validation or building a follower count.10. Ego Management: No need to argue; success is measured by profitability, not personal opinions. Keep ego in check to maximize profits.11. Ride Profits Wisely: Learning to manage profits is challenging but crucial. Patience and strategic exits contribute to long-term success.ConclusionThe journey from a breakeven trader to consistent profitability involves self-awareness, discipline, and a well-defined set of rules. While my affirmation technique might not be for everyone, the key lies in finding what works for you. These intraday trading rules, born out of personal experience, serve as a roadmap for navigating the volatile world of crypto day trading. Remember, in trading, as in life, continuous learning and adaptability are the keys to success. #BTC #etf #trading_tips #2024withBinance
Bitcoin Price Prediction Today 24 JanBitcoin price prediction as the coin takes a breather from the post-ETF sell-off below $39,000 but to affirm the uptrend, BTC must make several consecutive closes above $40,000.Bitcoin price prediction: BTC is fighting to secure its position above $40,000 backed by a modest recovery from the recent dive below $39,000. BTC led the entire crypto market on a rabbit hunt following the approval of spot Bitcoin ETFs in the US on January 10. While a brief rally propelled the largest crypto to $49,000 an unexpected sell-off left most investors bleeding profusely.If BTC price established support above $40,000 before the end of the US session, this week could end on a positive note with gains closing the gap to $50,000.However, it would be advisable not to jump the gun and go all-in on Bitcoin until bulls and bears resolve the ongoing tug-of-war.Bitcoin Price Prediction: Is BTC Ready Close In On $50,000?Bitcoin has been accepted back into the range with support at $40,000 and resistance at $42,000. Consolidation is expected within these limits in the coming days while traders bet on a continuing rise toward $50,000.The Relative Strength Index (RSI) although neutral at 39, reveals that the uptrend will not be straightforward, at least for now. Traders should be careful to avoid sudden corrections likely to culminate in bull traps.Remember, Bitcoin holds below two critical moving averages; the 20-day Exponential Moving Average (EMA) (in blue) and the 50-day EMA (in red). With this negative outlook in play, it could take time before the uptrend to $50,000 is confirmed.Bitcoin price predictions chart | TradingviewBased on the Money Flow Index (MFI), an indicator used to track the flow of money into and out of Bitcoin, buyers have the upper hand. However, for more commendable results, the index must keep moving higher above 30.Despite the potential correction to $38,000 and $36,000 likely to spook investors, it would be an impactful accumulation region. In other words, we could see more investors dollar-cost averaging (DCA) throughout these levels, in turn, building the momentum for a larger rebound.Will BTC Rally To Hit ATHThe current pullback followed a sell-the news event, as investors reacted to the ETF. Since markets do not correct forever, and with the halving narrative soon to begin, a major rebound is anticipated over the coming months.Bitcoin halving occurs every four years and this time it is expected to fall in April. The event slashes miner rewards by half, significantly reducing the supply of new coins entering the market.As supply dwindles, demand will increase and even more significantly with the the launch of spot ETFs. As has been the outcome of previous halving events, Bitcoin price has the potential to hit a new all-time and perhaps explode above $100,000.#TrendingTopic #Priceanalysis #Osmy_CryptoT #dyor #2024withBinance

Bitcoin Price Prediction Today 24 Jan

Bitcoin price prediction as the coin takes a breather from the post-ETF sell-off below $39,000 but to affirm the uptrend, BTC must make several consecutive closes above $40,000.Bitcoin price prediction: BTC is fighting to secure its position above $40,000 backed by a modest recovery from the recent dive below $39,000. BTC led the entire crypto market on a rabbit hunt following the approval of spot Bitcoin ETFs in the US on January 10. While a brief rally propelled the largest crypto to $49,000 an unexpected sell-off left most investors bleeding profusely.If BTC price established support above $40,000 before the end of the US session, this week could end on a positive note with gains closing the gap to $50,000.However, it would be advisable not to jump the gun and go all-in on Bitcoin until bulls and bears resolve the ongoing tug-of-war.Bitcoin Price Prediction: Is BTC Ready Close In On $50,000?Bitcoin has been accepted back into the range with support at $40,000 and resistance at $42,000. Consolidation is expected within these limits in the coming days while traders bet on a continuing rise toward $50,000.The Relative Strength Index (RSI) although neutral at 39, reveals that the uptrend will not be straightforward, at least for now. Traders should be careful to avoid sudden corrections likely to culminate in bull traps.Remember, Bitcoin holds below two critical moving averages; the 20-day Exponential Moving Average (EMA) (in blue) and the 50-day EMA (in red). With this negative outlook in play, it could take time before the uptrend to $50,000 is confirmed.Bitcoin price predictions chart | TradingviewBased on the Money Flow Index (MFI), an indicator used to track the flow of money into and out of Bitcoin, buyers have the upper hand. However, for more commendable results, the index must keep moving higher above 30.Despite the potential correction to $38,000 and $36,000 likely to spook investors, it would be an impactful accumulation region. In other words, we could see more investors dollar-cost averaging (DCA) throughout these levels, in turn, building the momentum for a larger rebound.Will BTC Rally To Hit ATHThe current pullback followed a sell-the news event, as investors reacted to the ETF. Since markets do not correct forever, and with the halving narrative soon to begin, a major rebound is anticipated over the coming months.Bitcoin halving occurs every four years and this time it is expected to fall in April. The event slashes miner rewards by half, significantly reducing the supply of new coins entering the market.As supply dwindles, demand will increase and even more significantly with the the launch of spot ETFs. As has been the outcome of previous halving events, Bitcoin price has the potential to hit a new all-time and perhaps explode above $100,000.#TrendingTopic #Priceanalysis #Osmy_CryptoT #dyor #2024withBinance
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