#BTC Dominance I'm eagerly waiting for that trendline to br | Market Buzz on Binance Square

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#BTC Dominance
I'm eagerly waiting for that trendline to break down. When it does, the altcoin market is going to get very exciting!

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🇺🇸 POMPLIANO: "Bitcoin is limited. When money supply goes up 💵 and interest rates drop 📉, people worldwide 🌍 will realize they need a store of value, and they'll buy Bitcoin 💰."$BTC

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Bitcoin (BTC) is preparing for a major surge, with a significant rise on the horizon. Factors such as increased net inflows from spot ETFs and Donald Trump's lead in the U.S. presidential election have acted as catalysts for BTC's upward momentum. With spot ETF net inflows rising and Trump's lead over Harris on Polymarket (a decentralized prediction platform), Bitcoin has gained strength, continuing its bullish trend since $60,000. The combination of the Fed's interest rate cuts, the upcoming U.S. election, and spot ETF data has propelled BTC forward, boosting market confidence. Bitcoin is currently nearing a breakout from the downward channel it's been following since March 10. However, this channel has previously served as strong resistance. If selling pressure resurfaces near $68,000, BTC could decline to levels around $64,777, $62,000, $59,647, $56,602, $52,614, and $50,580. The $61,500-$62,000 range will be crucial in the short to medium term, and as long as BTC stays below this level, a downtrend could persist. If Trump continues to widen his lead in the polls or spot ETF inflows remain strong, Bitcoin's rise could accelerate, first testing $68,000 and then potentially reaching $70,000, $73,684, and even $80,000 if it surpasses its all-time high. Bitcoin spot ETFs recorded a net inflow of $371 million, with BlackRock’s IBIT ETF drawing $289 million. In contrast, Ethereum spot ETFs saw a net outflow of $12.7 million, reflecting Bitcoin's growing strength compared to Ethereum's weaker outlook. On Polymarket, Donald Trump currently holds a 58.1% share in the U.S. presidential polls, while Kamala Harris has dropped to 41.5% as of October 16. #bitcoin $BTC

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$ONG has shown a significant breakout, solidifying a key support level around $0.20. It now seems poised to potentially surpass the $0.57 target, particularly if Bitcoin continues its bullish trend, which could drive further investment interest in this asset. In the past, we've seen gains of up to 270%.

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$PONKE is on another strong breakout! If this momentum holds, it could surpass the next target of $0.78, especially with Bitcoin staying bullish. Backed by popular memecoins like $FLOKI and $DOGS , this upward trend is likely to continue, making $PONKE one to watch. We've already seen a 640% gain from this memecoin. #memecoins

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Trump: Hydrogen is the new car. They say it's great. If it explodes, you're dead. If it explodes, they actually say if it explodes, you're unrecognizable. You call your wife over, they call up the wife. Would you please come here and take a look and see w

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