Binance Square
Главная
Уведомление
Профиль
Популярные статьи
Новости
Добавили в закладки и поставили лайк
Центр авторов
Настройки
LIVE
LIVE
WEB3 UNFOLDED
Рост
--・1.2k views
Is now the right time to buy Bitcoin? – analysis by AMBCrypto Investors’ confidence in Bitcoin (BTC) has somewhat dwindled as the king of crypto fails to go above $69k. However, the Bitcoin Rainbow Chart revealed that BTC was actually mimicking its 2020 trend post-halving. AMBCrypto’s analysis revealed that after months of its third halving, the Bitcoin Rainbow chart revealed that the coin entered the “BUY” zone. After remaining in that zone for a few months, BTC’s price skyrocketed. A similar trend was seen in BTC’s 2024 Rainbow chart, as it indicated that the coin was in the buy zone. If that is to be considered, then this might just be the last opportunity for investors to buy BTC at a lower price before it moves up and enters the accumulate and HODL zones. Like metrics, most of the technical indicators also looked bearish. For instance, the MACD displayed the possibility of a bearish crossover. The Relative Strength Index (RSI) registered a decline, indicating a price drop soon. Nonetheless, the Chaikin Money Flow (CMF) remained bullish as it went northwards. #MtGox #btc70k #EarnFreeCrypto2024 #BinanceLaunchpool $BTC

Is now the right time to buy Bitcoin? – analysis by AMBCrypto

Investors’ confidence in Bitcoin (BTC) has somewhat dwindled as the king of crypto fails to go above $69k. However, the Bitcoin Rainbow Chart revealed that BTC was actually mimicking its 2020 trend post-halving.

AMBCrypto’s analysis revealed that after months of its third halving, the Bitcoin Rainbow chart revealed that the coin entered the “BUY” zone. After remaining in that zone for a few months, BTC’s price skyrocketed.

A similar trend was seen in BTC’s 2024 Rainbow chart, as it indicated that the coin was in the buy zone.

If that is to be considered, then this might just be the last opportunity for investors to buy BTC at a lower price before it moves up and enters the accumulate and HODL zones.

Like metrics, most of the technical indicators also looked bearish. For instance, the MACD displayed the possibility of a bearish crossover.

The Relative Strength Index (RSI) registered a decline, indicating a price drop soon. Nonetheless, the Chaikin Money Flow (CMF) remained bullish as it went northwards.

#MtGox #btc70k #EarnFreeCrypto2024 #BinanceLaunchpool

$BTC

Отказ от ответственности: на платформе опубликованы материалы и мнения третьих лиц. Не является финансовой рекомендацией. Может содержать спонсируемый контент. См. Правила и условия.
0
Последние новости криптовалют
⚡️ Участвуйте в последних обсуждениях в криптомире
💬 Общайтесь с любимыми авторами
👍 Изучайте темы, которые вам интересны
Эл. почта/номер телефона
Связанные авторы
LIVE
WEB3 UNFOLDED
@endeo

Другие публикации автора

Pepe (pepe) price analysis From the 4-hour time frame, the price of PEPE is still actively trading below the 100-day Simple Moving Average (SMA), which is a clear indication that it might be poised for a more bullish movement. The 4-hour Moving Average Convergence Divergence (MACD) also signals that PEPE might move bullishly as the MACD histograms show signs of moving above the MACD zero line. In addition, although the MACD line and the MACD signal line are trending below the zero line, the MACD signal line is seen attempting to cross above the MACD line, suggesting that the price of PEPE might still move upward. Based on the previous price action of PEPE, it can be observed that a high of $0.00001731 and lows of $0.00001313, $0.00001152, and $0.00000888 have been created which are key points in determining its next destination. If PEPE continues to move upward to the resistance level of $0.0001731 and breaks above it, it therefore means that it will move higher to create a new high. However, if it fails to break above this resistance level, it will begin a downward move toward the $0.00001313 support level. Should the price break below this support level, it might move even further to test the $0.00001152 level and probably other levels on the chart. #Megadrop #StartInvestingInCrypto #BinanceLaunchpool #altcoins #pepe⚡ $PEPE
--
What's behind ALICE rally? – overview by CoinPedia Over the past three weeks, ALICE’s price has skyrocketed more than 83%, reaching new multi-month highs. This bullish momentum continued on Monday, with the price surging over 50% against the US dollar. As of Tuesday morning (Asian session), ALICE is hovering around a cool $2.30. At the time of writing, the daily average trading volume for ALICE is more than double its market capitalization. That’s a whopping $514 million in daily volume compared to a market cap of around $213 million. This intense trading activity suggests a strong appetite for ALICE among investors. While the price action screams “bullish,” on-chain data paints a slightly different picture. According to market intelligence firm Lookonchain, several My Neighbor Alice vesting wallets recently deposited over 2 million ALICE tokens (worth over $5.4 million) on Binance. This on-chain activity suggests some insiders might be taking profits. Following Monday’s impressive rally, ALICE is currently hovering around a key resistance/support level of $2.30. The altcoin’s daily Relative Strength Index (RSI) is also at a healthy 70, indicating strong buying pressure. If buyers can push ALICE past this resistance level, the next stop could be $3.35, which aligns with the 1.618 weekly Fibonacci Extension. #Megadrop #StartInvestingInCrypto #altcoins #BinanceLaunchpool #ALICE $ALICE
--
Bitcoin – is breakout closer than we thought? Contrary to the investors’ hopes, Bitcoin’s bullish strength turned out to remain bearish. The first cryptocurrency retraced almost all of its gains after breaking past the $67,000 resistance point on May 20. It extended upwards to $71,900, but fell to test $67k again on May 23.  Nevertheless, the 1-day chart reveals a bullish perspective for Bitcoin, revealing a distinct bullish triangle. A close above the triangle will suggest that the uncertainty turned tables in the bulls' advantage. Bitcoin may eventually attempt a rally to the strong overhead resistance at $73,777.  If the bears take over, BTC may see a possible drop to the critical support at $59,600.  Still, data from Santiment reveals that the Bitcoin ETF inflows have been positive lately, hinting at the bullish impact on BTC.  #btc70k #Megadrop #StartInvestingInCrypto #BTC☀ $BTC
--
Shiba Inu (SHIB) is poised for comeback? – perspective by AMBCrypto After increasing sharply last week, Shiba Inu [SHIB] turned bearish as its price started to drop. The price decline pushed SHIB towards a critical support level.  The memecoin’s price surged substantially on the 29th of May, allowing it to touch $0.00002924.  But SHIB couldn’t sustain the pump and fell victim to multiple price corrections. AMBCrypto’s analysis of the memecoin’s chart revealed that the recent price drop pushed its value to a critical support level of $0.00002437.  If SHIB fails to test the resistance and falls under it, then investors might witness the token drop to $0.000020. On the other hand, a successful test of the support could kickstart a bull rally, which might result in SHIB touching $0.000029 in the coming days.  The technical indicator MACD’s data revealed that the bulls and the bears were in a battle to gain an advantage over each other. But the rest of the indicators suggested that the bulls might turn out to be victorious.  At the same time, the Chaikin Money Flow (CMF) registered an uptick, and the Relative Strength Index (RSI) also followed a similar trend, hinting at a successful test of the support.  #Megadrop #StartInvestingInCrypto #altcoins #BinanceLaunchpool #Shibalnu $SHIB
--
Notcoin (NOT) price analysis  (note: the post contains data by CoinPedia) Notcoin continues to trade under a bullish influence as prices have been soaring with notable strength. The rally is forming consecutive higher highs and lows, suggesting the bulls have held a huge dominance. Therefore, the NOT price is believed to maintain a healthy upswing for the next few days as fresh liquidity is expected to flow into the platform soon.  Ever since the price triggered a bullish rebound from the local bottoms at $0.0046, it has traded within a steep ascending trend within a rising wedge. The volume appears to have squeezing to a large extent and hence an explosion may be on the horizon. Besides, the OBV is rising and has yet to reach the upper threshold, suggesting there is some more room for the bulls to find highs. Therefore, the Notcoin (NOT) price is expected to find a new ATH somewhere around $0.034 before this weekend. #Megadrop #StartInvestingInCrypto #altcoins #BinanceLaunchpool #Notcoin👀🔥 $NOT
--

Последние новости

BNB Surpasses 680 USDT with a Narrowed 8.90% Increase in 24 Hours
--
SEC's Salt Lake City Office to Close Following Failed Lawsuit Against DEBT Box
--
Suspected Security Breach at Renzo's X Platform
--
Bitcoin(BTC) Surpasses 71,000 USDT with 2.63% Increase in 24 Hours
--
Positive Shift in US Political Environment Could Boost Crypto to $100,000, Says Novogratz
--
Подробнее
Структура веб-страницы
Cookie Preferences
Правила и условия платформы
Структура веб-страницы
Правила и условия платформы
ba-one-trust-cookie