"CZ has returned." "Trump is fully backing Bitcoin and cryp | BsPufferfish on Binance Square

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Bullish

"CZ has returned."
"Trump is fully backing Bitcoin and crypto."
"Uptober has arrived."
"Q4 is set to be extremely bullish."
#Bitcoin❗ #CryptoMarketMoves #BTCPredictedNewATH 

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$BTC Here are some possible reasons for Bitcoin's recent drop: - It's possible that $66.5k was the top of the current range, and we may be heading down (though this seems unlikely to me). - Market makers might be manipulating sentiment, making people believe that October could be bearish. - Most likely, it's just a normal pullback, which we haven't seen since September 18th. Bitcoin has struggled to push higher in recent days, likely because it's run out of steam. Pullbacks are healthy as they allow the market to regain momentum for another push upward.

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USDT Dominance vs. $BTC /USD Correlation – What’s Next? 🤔 Looking at the charts, there’s a clear correlation between USDT.D (Tether dominance) and BTCUSD price movements. When USDT dominance rises, Bitcoin tends to drop, and vice versa. 📈 USDT.D is currently sitting in an upward channel, testing its upper resistance. Historically, when USDT.D forms such channels, Bitcoin has faced downward pressure. On the flip side, once USDT dominance starts breaking down from these channels, Bitcoin usually sees strong rallies. 📉 BTC/USD is in a downward-sloping channel, hinting at possible bearish pressure, but if USDT.D tops out and begins to decline, BTC may be positioned for a breakout. Key takeaway: If USDT dominance breaks down, we could be in for a significant Bitcoin pump. However, if USDT.D continues its upward momentum, Bitcoin may stay under pressure in the short term. Watch out for a potential reversal in USDT.D – it could signal the next big move in #BTC☀ 🚀 #Bitcoin❗ #BTCReboundsAfterFOMC #BTCPredictedNewATH

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$BTC Historically, Bitcoin bull runs have reliably begun in October during each market cycle. #Bitcoin❗ #BTCPredictedNewATH #BTCReboundsAfterFOMC

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#others_Dom We're nearing a key resistance level, and a breakout at this point could push altcoins significantly higher. 🚀 The market is currently up against a 10.5% resistance, along with the 200EMA on the daily chart. Once we break above, we might see a future retest of this level as new support.

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$BTC Bitcoin is performing as anticipated. In our previous update, we noted that BTC could retrace to the 64.5k-63.7k range, and it's currently trading around 64.4k. If the 64.5k-63.7k support holds, we may see a rebound toward the all-time high level. However, if it closes below this range, it could drop to a lower level. We hope this update is helpful and will continue to provide timely information. Trade safely!

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