Lets face it people

Real bull run start after #BTC☀ breaks 70k

we won't see ALT coins and meme coins rallying before

trade safly and don't be greedy 🤑

P.S.: Greed is good

#BullRunAhead #BTCUptober #TradeNTell #Solana_Blockchain

Israel is planning a counter attack in the coming days

#BTC☀ risk falling to 57k levels

However, the overall market is still bullish for this Q4

Uptober is having technical difficulties to launch because of the war

As long as #bitcoin☀️ is in the longterm channel its forming we will witness a bear

#Dyor2024 #TradeNTell #MarketDownturn

#BONK🔥🔥 and #pepe⚡
Are real player 🙈

#BTC hang on well mate

Market reaction to WARs

Bit Long but INTRESTING!

Market reactions to wars are often immediate and sharp.

Historical trends can guide expectations; the S&P 500 dropped 11.5% in three months after Russia invaded Ukraine in 2022.

Bitcoin, closely correlated with the S&P 500, may show similar price movement in response to the Israel-Iran conflict.

After the latest Middle East tensions, the S&P 500 fell 1%, while oil prices jumped 5%, indicating concerns about a potential war.

According to the Kobeissi Letter, the S&P 500 typically drops 2% when a major conflict begins, with an average total decline of 8.2%.

Other factors, such as economic conditions, influence returns during conflicts.The key factor is whether the conflict occurs during a recession. In non-recession years, the S&P 500 averages a 9.5% return over 12 months, but during a recession, it declines by 11.5%.

A notable example is the 9/11 attack in 2002 when the S&P 500 fell 18% due to an existing recession.

It remains uncertain whether a Fed stimulus will help avoid a US recession this year.

#BTC☀ #ETH🔥🔥🔥🔥 #SOL #TradeNTell #MarketDownturn

Why #bitcoin☀️ sank yesterday?

Last week, U.S. bitcoin ETFs had a combined net buying volume of 16,774 BTC, surpassing the typical monthly supply of newly mined bitcoin (13,500 BTC).
This was primarily driven by a policy shift from the People’s Bank of China.

#BTC☀ #MarketDownturn #Dyor2024

Bitcoin (BTC) and the broader crypto market faced selling pressure today.

BTC dropped by 1.97% as Japan's Nikkei 225 index fell by nearly 5%.

Shigeru Ishiba's( member of the house of representitives) recent victory has raised concerns about potential interest rate hikes.

Major altcoins like ETH and BNB also declined, with meme coins such as DOGE and SHIB experiencing steeper corrections.

#BTC☀ #MarketDownturn #Dyor2024 #doge⚡ #shiba⚡

One of the most widely anticipated forecasts is that the cryptocurrency market capitalization will reach $8 trillion by 2025. As of today, the market cap stands at $2.25 trillion. If this prediction proves accurate, it would represent a growth of more than 250% in just a year.

#MarketCapRace #MarketDownturn #BTC☀

The Crypto Fear & Greed Index has returned to greed territory, reaching its highest level since July with a strong score of 64.

#cryptobearish #MarketDownturn #BTC☀ #GreedIndex

ETF Largest Single-Day #Bitcoin❗ Inflows Since Launch

🇺🇸 Ark $ARKB ETF bought 3089 #BTC worth $203.1M yesterday. 🔥

#BTC☀ #MarketDownturn

BONK price is poised for a 30% increase, driven by a bullish double-bottom pattern and rising investor confidence.

Bitcoin price surged to $65,000, lifting major altcoins, including BONK.

BONK is nearing a breakout from the $0.000023 neckline resistance, signaling a potential prolonged rally.

A successful breakout could lead to a 34% rally, targeting $0.000031 and $0.0000338.

A bearish crossover between the 100-and-200-day EMAs could delay the breakout, potentially leading to consolidation.

#BONK🔥🔥 #MarketDownturn #Dyor2024

the US dollar index DXY is poised for a significant move, but immediate expectations remain muted.
#BTC☀ and #DXY often shows an inverse corrolation.👀
The US Dollar Index (DXY) is currently in a state of indecision, with the CME Fedwatch tool indicating nearly equal chances for either a 25 or 50 basis point rate cut in November. This uncertainty is keeping the DXY within a tight trading range
Key Levels:

Resistance Levels:

Upper September range: 101.90

Potential target: 103.18

55-day SMA: 102.30

100-day SMA: 103.52

200-day SMA: 103.75

Major round level: 104.00

Support Levels:

Initial support: 100.22 (September 18 low)

If breached, next support at 99.58 (July 14 low).

Further decline could lead to early 2023 levels around 97.73.

#Dyor2024 #DXY

BTC/USDT supports and resistances for long term trend
support:60000/ 55000/50000
resistance:65000/70000/75000

#Dyor2024 #BTC☀
#MarketDownturn

🇺🇸 BTC ETFs saw around $365.7M in net inflows
#BTC
#MarketDownturn

🔥 CZ Early Release: Binance founder CZ is scheduled for early release today after completing 119 days in prison.

He was convicted for failing to enforce KYC regulations, leading to his resignation as CEO, though he remains Binance’s largest shareholder.

His release is happening two days ahead of schedule due to weekend policy.

#MarketDownturn

will BTC hot 100k in Q4?

US PCE inflation drops to 2.2%, lower than the expected 2.3%, down from 2.5% the previous month.

The Federal Reserve cut interest rates by 50 bps, sparking upward momentum in Bitcoin and crypto markets.

Matrixport and QCP Capital predict a Bitcoin price rally in Q4, with potential to hit $100K.

US dollar index (DXY) turns volatile, while US Treasury yield drops to 3.77%.

MicroStrategy increase BTC holdings

BTC 56% increase in trading volume in the last 24 hours.

China's late stimulus push launch to help revive þhe conomy

Historically, Bitcoin gains an average of 40% from October to March, and experts expect a similar trend.

Data shows liquidity support for btc until 68k, with a breakout increasing chances of reaching new ATH, if not, technically a minor correction to 60k 62k levels ould expected before rally begins #Dyor2024 #MarketDownturn