BTC nears $61K. US indices up. Norway fund increases BTC exp | Biyond on Binance Square

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BTC nears $61K. US indices up. Norway fund increases BTC exposure. China unbanning rumors. USD index weak. CryptoQuant: Investors taking risks, spot to futures flow. Whales added 100K BTC in 6 weeks. Leverage data shows long bias. Retail entry could boost market. Target $67K. #bitcoin☀️ #BiyondDaily #targeting 

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📈 US stock futures did not tank as feared, allowing Bitcoin to survive Monday's crash so far. 🇨🇳 However, plunging Chinese PPI data and commodities warnings of $60 oil raise economic concerns. 🌍 More focus on the global economy, especially China, as media narrative on its slowdown builds. 🤔 This could be a double-edged sword for Bitcoin - initial fears may drag stocks and risk assets lower, but major China stimulus could boost BTC. 📉 Bitcoin's $54,866 weekly close was neither convincing nor bullish. Williams Alligator's first weekly sell signal since April 2022 is alarming. ⚠️ Combined with Vanguard indicator, there are no immediate recovery reasons barring positive crypto news. 😨 Bitcoin Crypto Fear & Greed Index back to multi-year lows, as is the trading-specific index. 💹 Liquidation and leverage data suggest a short-term bounce to $59,000 is possible. 👀 Technically bearish, but a short-term rebound can't be ruled out. CPI data and stock market moves may determine Bitcoin's next direction. What's your outlook on Bitcoin's near-term price action? #Bitcoin❗ #CryptoMarketWatch #EconomicOutlook

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#BiyondDaily - New Short-Term Highs Required 📈 Bitcoin rebounded on positive jobs data, but Friday's payroll report remains crucial. 🏦 Goldman Sachs warns of sharp stock market drop if the report is negative. 📊 Short-term technicals still weak, rallies being sold. 💬 BTC and ETH discussions declining, while AI and memecoins gain traction. 🐳 Rumors of whales instigating altcoin sell-offs. 📉 Daily Active Address Activity at 3-year low. 👀 Private sector jobs report due today, could move markets. 🔑 Monthly pivot point at $57,870, crucial for potential $60,000 push. 💼 Short positions opened near lows, increasing short squeeze potential. Given these factors, what's your take on Bitcoin's short-term outlook? #bitcoin☀️ #CryptoAnalysisUpdate #MarketOutlook #GoldManSachs

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#BiyondDaily : Social FUD 📈 Bitcoin shows slight recovery after dipping below monthly pivot point yesterday. 🛑 Selling lacked momentum to trigger more sell signals across technical and AI indicators. 💬 Social media discussions focused on miner challenges, potential price drops, and whale inactivity. 📊 Cryptoquant data shows short-term Sharpe ratio mirroring Sept-Oct 2023 levels, hinting at possible recovery. 🎯 Technically, Bitcoin needs to surpass $62,000 for safety. De-Mark indicator points to $61,000 as bull trigger. 💥 Liquidation heatmap shows short liquidations clustered around $61,300-$62,000 and $64,600. 📅 September historically volatile for Bitcoin; this week's moves relatively small in broader context. 🏦 Bitfinex Alpha research suggests Bitcoin might react bearishly to upcoming Fed rate reduction. 👀 Hoping for a move above $62,000 before payrolls and some crypto-specific positive news. What's your take on Bitcoin's path through this challenging period? #CryptoAnalysisUpdate #MarketOutlook #LiquidationHeatmap #sharpe

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📉 Bitcoin under pressure at start of trading week, weakening below monthly pivot point. 🗳️ Kamala Harris' poll lead over Trump not helping Bitcoin sentiment. 📊 Technical indicators flashing sell signals: Williams Alligator weekly close to bearish signal Ethereum also issuing weekly sell signal Biyond's Vanguard indicator turned red on weekly chart ⚠️ Breach of $57,000 support could see Bitcoin tumble to at least $55,000. 💹 Closing above $57,870 could open path to $60,000 retest. 🤔 Bitcoin often rebounds when sentiment is darkest, but Vanguard signal shouldn't be ignored. #kamalaHarris #WilliamsAlligator #BTCanalysis #BiyondDaily

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📉 Bitcoin dipped Tuesday, erasing last week's gains. U.S. bond yields rose on soft data, hurting market sentiment. 🐳 Massive whale alert: 30,000 BTC ($1.88B) transferred to Binance, triggering sell-off fears. 📊 Major spike in Token Age Consumed - one of the largest this year, suggesting a potential $5,000 move. 💥 Liquidation data shows $60,000 as near-term worst-case target. Leveraged longs declining. 🔮 Strong case for $60,000 support holding, with potential rebound towards $70,000 range high. 💰 Billions in liquidations above $70,000 could attract price movement. 👀 Current dip may be approaching its lowest point this week. What's your view? Will $60,000 hold as support, or are we in for more volatility? #bitcoin☀️ #CryptoMarketAlert #whalealerts

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