The Crypto Fear & Greed Index has returned to greed territor | BlockTradeX on Binance Square

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The Crypto Fear & Greed Index has returned to greed territory, reaching its highest level since July with a strong score of 64.
#cryptobearish #MarketDownturn #BTC☀ #GreedIndex 

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One of the most widely anticipated forecasts is that the cryptocurrency market capitalization will reach $8 trillion by 2025. As of today, the market cap stands at $2.25 trillion. If this prediction proves accurate, it would represent a growth of more than 250% in just a year. #MarketCapRace #MarketDownturn #BTC☀

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ETF Largest Single-Day #Bitcoin❗ Inflows Since Launch 🇺🇸 Ark $ARKB ETF bought 3089 #BTC worth $203.1M yesterday. 🔥 #BTC☀ #MarketDownturn

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BONK price is poised for a 30% increase, driven by a bullish double-bottom pattern and rising investor confidence. Bitcoin price surged to $65,000, lifting major altcoins, including BONK. BONK is nearing a breakout from the $0.000023 neckline resistance, signaling a potential prolonged rally. A successful breakout could lead to a 34% rally, targeting $0.000031 and $0.0000338. A bearish crossover between the 100-and-200-day EMAs could delay the breakout, potentially leading to consolidation. #BONK🔥🔥 #MarketDownturn #Dyor2024

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the US dollar index DXY is poised for a significant move, but immediate expectations remain muted. #BTC☀ and #DXY often shows an inverse corrolation.👀 The US Dollar Index (DXY) is currently in a state of indecision, with the CME Fedwatch tool indicating nearly equal chances for either a 25 or 50 basis point rate cut in November. This uncertainty is keeping the DXY within a tight trading range Key Levels: Resistance Levels: Upper September range: 101.90 Potential target: 103.18 55-day SMA: 102.30 100-day SMA: 103.52 200-day SMA: 103.75 Major round level: 104.00 Support Levels: Initial support: 100.22 (September 18 low) If breached, next support at 99.58 (July 14 low). Further decline could lead to early 2023 levels around 97.73. #Dyor2024 #DXY

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BTC/USDT supports and resistances for long term trend support:60000/ 55000/50000 resistance:65000/70000/75000 #Dyor2024 #BTC☀ #MarketDownturn

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