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$NFP tp 0.264-0.361-0.433-0.535
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Bitcoin Reaches Cycle High of 58.9%, More Pain Before Altcoin Season? As BTC approaches $70,000, its crypto market domination has reached 58.9%, a cycle high. As Bitcoin dominates, are altcoins in trouble? Bitcoin dominance (BTC.D) reached a cycle high of 58.9%. The crypto market last saw this BTC.D level in April 2021. Bitcoin has gained about 10% in the previous week, trading at $67,769 after a modest reversal after Iran's assault on Israel earlier this month. According to CoinGecko, the crypto market cap rose from $2.26 trillion on October 8 to $2.41 trillion on October 16. However, BTC price growth drives the crypto market cap increase. BTC.D started October at 57.1%. Bitcoin has climbed 1.8% since then, outperforming altcoins like Ethereum (ETH), Solana (SOL), Binance Coin (BNB), and others. The present position of BTC.D casts doubt on the much-anticipated "altseason," which generally sees altcoins rise rapidly and BTC.D fall. BTC.D peaked at 70% in 2020-21's post-COVID bull market before falling to 40% by mid-2021. BTC.D bottomed out at 39% in late 2022 when FTX suspended operations owing to leadership fraud accusations. BTC.D has gradually risen since then, as indicated in the chart below. The ETH/BTC trading pair is essential as BTC.D rises. The ETH/BTC trading pair, often known as the ratio, compares Ethereum (ETH) to BTC. The ETH/BTC trading pair is at 0.0385, last seen in April 2021. Ethereum has failed to make a higher high versus Bitcoin since November 2022, indicating lackluster price activity over the previous two years. #BTCUptober #BTCSoarsTo68K #MemeCoinTrending $BTC
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$ARB Add this to your spot holdings Expecting the same move on it as of SUI Can do 5x from here in the next one to three months $ARB #TrumpDeFi #MemeCoinTrending #TeslaTransferBTC
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đš $WIF F /USDT TRADE ALERT đš WIF is currently moving in a descending channel, consolidating around $2.58. The price is showing early signs of a possible breakout or rejection at the upper trendline. đĄ Trade Entries: âą Long Entry: Breakout above $2.62, targeting $2.71. âą Short Entry: Rejection at $2.60, aiming for a dip to $2.50. đ Watch out for increased volatility as the price approaches the upper boundary of the channel! Risk management is key with stop losses tight near breakout/rejection points!
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đ„đš $LTC /USDT TRADE ALERT â BIG MOVE INCOMING! đš The price is consolidating within a descending channel while finding support around $70.24 USDT. đĄ CRITICAL Levels to Watch: đĄ âą Resistance: $71.60 USDT (Breakout confirms upward momentum toward $74). âą Support: $69.50 USDT (If broken, it could slide toward $68.71 or lower). đ Short Entry: Below $69.50 USDT, target $68.00. đ Long Entry: Above $71.60 USDT, target $74.00. Stay sharp, big moves brewing from this consolidation! #TrumpDeFi #MemeCoinTrending #TeslaTransferBTC #MemeCoinTrending
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$XLM is gaining traction after confirming solid support at $0.07! The next upward target is set at $0.137. If momentum weakens, $0.055 will act as a crucial support level, with ongoing attention on Bitcoinâs performance in the broader market. In earlier instances, we've recorded a 130% gain. #TrumpDeFi #MemeCoinTrending #TeslaTransferBTC #USStockEarningsSeason
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