#Zcash has been oscillating near the key moving averages, wi | BillionGit on Binance Square

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Bullish

#Zcash has been oscillating near the key moving averages, with short-term EMAs showing bullish signs after recent price gains. 
$ZEC 's price has crossed above its 20-day EMA at around $32.88, suggesting short-term bullish momentum.
#BTCSoarsTo68K #CanaryLitecoinETF $CKB #RisingChannel #Bitcoin 

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ZEC

37.06

+1.42%

BTC

67,575.99

-2.20%

CKB

0.014709

-3.76%

726

0

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The debate between the monetary policy view and the cyclical view continues to shape Bitcoin’s market trajectory: Monetary Policy View: Proponents of this view argue that $BTC ’s value is increasingly influenced by global central banks' monetary policies. As inflation remains a concern and interest rates fluctuate, Bitcoin is often seen as a hedge against fiat devaluation, similar to gold. When central banks, such as the Federal Reserve, tighten or loosen monetary policies, it impacts liquidity in the financial system, thereby influencing Bitcoin prices. Bitcoin’s performance in response to macroeconomic factors like rate hikes or quantitative easing has become more pronounced. Cyclical View: On the other hand, the cyclical view sees Bitcoin as part of a natural market cycle that alternates between bull and bear phases, largely driven by #Bitcoin 's halvings and market sentiment. These cycles are marked by periods of accumulation, rallies, and corrections, driven by supply and demand dynamics. #Bitcoin tends to experience a bullish rally post- post-halving, followed by extended bear markets or corrections before resetting for another #bullish cycle. #BTCSoarsTo68K #BinanceLabsInvestsLombard

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$ACH chart, the appearance of four consecutive bearish candles often signals a downtrend or sustained selling pressure. However, after such patterns, a longer bullish candle might indicate a reversal or strong buying interest. This potential bullish candle suggests that buyers are stepping in at a key support level, aiming to push the price higher. #Alchemy #Pay #ACH $GNO #BTCSoarsTo68K #APESurge

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Know exactly where we are currently! #TotheMoon #Bitcoin $BTC #BinanceLabsInvestsLombard

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$CKB has recently shown significant potential for another breakout, especially seen in its movement around the 100-day Moving Average (MA). The current technical setup suggests a bullish momentum. CKB has experienced a breakout from a descending channel pattern, which has helped push the price above several key moving averages, including the 200-day MA. The price remains well-supported, and the 100-day MA is acting as a critical zone, indicating that further gains could be on the horizon. $NEXO $SOL #Cryptocurrency #CanaryLitecoinETF #UptoberBTC70K?

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