🚨🚨 Attention Alert 🚨🚨
🚨 Bitcoin Dips, But a Massive Rally to $75,000 Is Coming! 🚀
Bitcoin Price Struggles: What’s Happening?
Bitcoin is experiencing a dip, currently holding around $65,500 after a weekend of volatility. Despite this, it might just be forming a higher low before the next big surge! 👀
📈 BTC’s Recent Surge 📈
Bitcoin saw a rise of over 4% last week, peaking at $66,000, signaling the potential for new all-time highs. Experts predict $70,000 could be within reach early in October, with a chance for new ATHs in Q4 2024.
🔍 On-Chain Data: Still Bullish 🔍
Rising Bitcoin ETF Demand: Inflows surged by $324 million from institutions like BlackRock and Fidelity after a brief dip below $71,000.
Short-Term Holders Profiting: Breaking above $62,500 has placed short-term holders in profit, solidifying support around $63,000.
🔥 Futures Market Heating Up 🔥
Open interest in Bitcoin futures is climbing, now at $19.1 billion, which could lead to significant rallies if market sentiment shifts.
📊 Long-Term Bullish Momentum 📊
With more coins held beyond 155 days, long-term investors are accumulating, hinting at a potential bull run.
💥 Will BTC Reach a New ATH Above $75,000? 💥
Despite recent pullbacks, market indicators suggest new highs are on the horizon! Keep an eye on Bitcoin's potential rally to $75,000 and beyond! 🚀
Current Price: $64,643.98 (-1.44%)
#BinanceLaunchpoolHMSTR #BTCPredictedNewATH #moonbix #BTCReboundsAfterFOMC #Write2Earn!