$BTC update "For Bitcoin to reverse its downward trend, it needs to close the weekly candle above 65,000. Given its current downward channel pattern, a strong weekly breakout with significant volume is essential. A successful breakout could also complete a cup and handle or inverse head and shoulders formation. As October approaches, we're poised for a potentially exciting market movement." #FOMC #BTCâ #TrumpFirstBTCUse #BTCReboundsAfterFOMC
$RUNE target for this Falling wedge pattern is around $10. always told you for this project, this project has potential to give gains with strong fundamentals đȘ #FOMC #THORChain #USRetailSalesRise #TrumpFirstBTCUse
$RUNE (#THORChain ) must close above $5 to end its downtrend and signal a potential uptrend. Watch for resistance at $5, $6.3-$6.4, $7-$7.3, $8.8-$9.2, $10.2, and $11.4. For hodlers, patience is key as market conditions and manipulations can influence price. Target for this Falling wedge pattern is around $10. #CryptoMarketMoves #BTCâ #Write2Earn!
What's happening đ Trump is leading this election by 52%, later he will be the biggest reason to start upcoming rally, Black rock is now holding $1B worth of $ETH , whales are accumulating $BTC , interest rate will cut in September, Alts are preparing to explode đ„, Retailers are almost gone, Smart money is buying. Now see what you're doing at this time đ #BlackRockETHOptions #CryptoMarketMoves #Bitcoinâ
Told you guys to buy $RUNE in every dip , and my community did this. now it's pumped 58% from the bottom đ„đ„đ„đ„đ„ i m always bullish on THORCHAIN. #MarketDownturn #bottomUP #LowestCPI2021 #THORChain
$BTC is forming deaths cross â ïž A "Death Cross" in Bitcoin occurs when the 50-day moving average (short-term) crosses below the 200-day moving average (long-term), signaling a potential bearish trend in the market. #BTCâ #MarketDownturn #MtGoxJulyRepayments #Dangerous
- Strategic Bitcoin Reserve - not selling ANY Bitcoin - Firing Gary Genssler - Clemency for Ross Ulbricht - Banning CBDCâs - protecting self custody & miners - providing electricity en mass for miners - he said âBitcoin to the moonâ THIS IS EXTREMELY BULLISH đđ„đ #Bitcoin_Coneference_2024 #BTCâ #Market_Update #fundamentaltrading
MT.GOX is currently repaying to there customers, they are the reason of dumpingđ, don't worryđ Bitcoin is still forming Bull Flag and rejected from upper resistance trend line, once this pattern will play out we will see $1100000 Easily đ. support levels $63800 $62400 $60200 $58400 #Bitcoin_Coneference_2024 #MtGoxJulyRepayments #BTCâ #ETH_ETFs_Trading_Today #HODLHODL
MT.GOX is currently repaying to there customers, they are the reason of dumpingđ, don't worryđ Bitcoin is still forming Bull Flag and rejected from upper resistance trend line, once this pattern will play out we will see $1100000 Easily đ. support levels $63800 $62400 $60200 $58400 #Bitcoin_Coneference_2024 #MtGoxJulyRepayments #BTCâ #ETH_ETFs_Trading_Today #HODLHODL
The weekly candle closed at 68,165, forming a significant green candle. BTC's dominance also closed at 55.39%. Currently, $BTC is developing a classic cup and handle pattern, with a projected target around $120000. However, a double top pattern is also present on the weekly chart. If BTC breaks above $71,000 in the next weekly candle, the double top will be invalidated, confirming the cup and handle pattern.
Fundamental Analysis:
On Sunday, U.S. President Joe Biden announced he will end his campaign. This development suggests that the upcoming election could favor Donald Trump, which is seen as a bullish signal for the crypto market. #uselections #BullRunAhead #Biden #donaldtrump