Retail interest in $BTC is still extremely low compared to | Andrew_Smith88 on Binance Square

Trending Articles

Bookmarked and Liked

--

Retail interest in $BTC  is still extremely low compared to the 2021 bull market.
The big expansion is still yet to happen...
@Hamid   is brilliant creator, his posts always authentic, vote it and  stand on #1 position
#LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn #SahmRule #BlackRockETHOptions 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

72,088.91

-1.22%

276

0

Replies 0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Andrew_Smith88

Explore More From Creator

What Happens if Trump Loses the U.S. Presidential Election? If Donald Trump loses the Election!

--

Unlocking Your BitTorrent ($BTTC) Strategy for Success on Binance: A Comprehensive Guide Investing!

--

Why is Bitcoin's Price Rising Today? Key Drivers Behind BTC's Surge to $72,000! Bitcoin's recent price surge to $72,000 is fueled by multiple factors: 1. Rising Bitcoin ETF Inflows: Spot Bitcoin ETFs saw a significant inflow of $479.4 million on October 28, showing strong institutional interest. BlackRock’s iShares Bitcoin Trust contributed the largest share with $300 million, signaling investor confidence in Bitcoin as a mainstream asset. 2. Record U.S. Bitcoin ETF Holdings: U.S.-based Bitcoin ETF holdings have reached an all-time high of $66 billion, demonstrating sustained institutional demand, a key driver in BTC’s price momentum. 3. Increased Open Interest in Bitcoin Futures: Open interest in Bitcoin futures rose by $2 billion to $22.77 billion, suggesting heightened trading activity. This increase in futures trading has supported Bitcoin’s bullish price action. 4. Large-Scale Liquidations: As Bitcoin crossed the $70,000 mark, over $150 million in short positions were liquidated, creating further upward momentum as those holding short positions were forced to buy back BTC. 5. Technical Breakout Potential: Technical analyst Peter Brandt noted that a close above $76,000 would confirm a breakout, reinforcing bullish sentiment. Currently, Bitcoin faces resistance around $71,500, but a sustained move beyond this level could spark further gains. These factors—especially the large-scale institutional interest and record ETF holdings—have created a strong foundation for Bitcoin’s current rally. Further technical gains could bolster long-term bullish momentum if BTC manages to break through critical resistance levels. #BinanceBlockchainWeek #BTCBreak71K #USJobOpeningsDip #TIATokenUnlock

--

The perspective on altseason is well-grounded. The landscape has changed significantly since the 2017-2018 bull run, and expecting the same conditions to return isn't realistic. Back then, the market was smaller, with fewer coins and simpler dynamics like Bitcoin pair trading. Now, with the proliferation of thousands of altcoins, futures markets, and complex narratives, money simply rotates between trends, as you mentioned. It's true that memecoins and hype-driven tokens attract much of the attention, mainly due to the potential for quick, explosive returns. This makes them more appealing to traders compared to altcoins that may take longer to gain traction or may never see the same levels of interest. In this environment, it’s about staying ahead of emerging narratives and being flexible rather than waiting for a broad "altseason" that might never come. Those who adapt to market shifts and put in the research to identify trends early will be the ones benefiting, while those stuck waiting for a full-scale altcoin rally could indeed be left behind. #USJoblessClaimsDip #BTCETFDemandSurge #CryptoPreUSElection #BTC67KRebound #TeslaBTCQ3HoldingsStable

--

That's an impressive trade! It highlights the importance of being quick and strategic with new listings, especially on major exchanges like Binance. Traders who keep a close eye on such announcements can capitalize on the initial volatility. In this case, the trader's decision to buy $MOODENG tokens with 1,300 SOL right after the listing and sell for a significant profit shortly after shows how timing, market sentiment, and liquidity can drive short-term gains. However, it's also worth noting that these opportunities come with high risk, as prices can swing dramatically after listings. #USJoblessClaimsDip #BTCETFDemandSurge #CryptoPreUSElection #BTC67KRebound

--

Latest News

NYSE Arca Seeks Approval To List Grayscale Crypto ETF

--

Over 700 BTC Transferred to Bitwise Bitcoin ETF

--

Base Launches Fault Proofs On Mainnet, Moves Toward Decentralization

--

Microsoft Shareholders Begin Preliminary Vote On Bitcoin Investment

--

Reddit Sells Majority Of Cryptocurrency Holdings In Q3

--

Trending Articles

ETH/USDT Technical Analysis (15-Minute C

Russia Hits Google With a Colossal $20 Decillion Penalty, an Amount More Than the Whole Global Ec...

🔥 Terra Luna Classic (LUNC): Can the October 31 Burn Spark a Historic Comeback? 🔥

🚨 URGENT $XRP LAWSUIT SHOCKER: U.S. CO

$DOGE 0.2802 Pay attention to details..

Cookie Preferences

ba-one-trust-cookie