OMG/USD A breakout of a falling wedge on the chart suggests an upcoming bullish impulse📈 Breakthrough goal is about +45% profit🎯 A good opportunity to open a long position and make a good profit in the coming days😉
$REQ is forming a falling wedge on the 2-hour timeframe! 👀 Falling wedges could indicate a potential bullish reversal. Stay tuned for updates to this market model.
$OMG 👀 Watch out for the next moment! If you have specific details or questions about #OMG, don't hesitate to ask for more information. Stay tuned for updates on this market. Trading glory, let's grow together! 🚀 Like, repost and subscribe to get maximum benefit! 💰📈 #OMG/USDT #OMG/USDT #Write2Earn $OMG
#BTC/USDT 🚨 In March, Bitcoin will cost from $63 to $80,000 🎯 A Matrixport report predicts that the price of Bitcoin could reach $63,000 by March 2024. The report cites four key factors driving this growth: the approval of spot Bitcoin ETFs, the upcoming halving block reward halving, falling interest rates and political uncertainty. Increased demand for spot Bitcoin ETFs following SEC approval and anticipation of the halving are driving the price higher. Expectations of lower interest rates could also increase interest in risky assets, including Bitcoin. Investors may also turn to cryptocurrencies during periods of political uncertainty. Forecasts from various experts, including Bitwise and Bernstein, point to an optimistic outlook for the price of Bitcoin, with estimates of exceeding $63,000 and even $80,000.
There is a signal about a possible breakout of $3-4 🚨
Breakout of the falling wedge on the weekly timeframe, in case of a successful breakout, a massive bullish wave in the direction of $3-4 is expected in the coming days❗️❗️❗️
Please note: I am not responsible for you responsibility if you make any mistake and deposit a large amount, which will lead to the loss or reset of your wallet! #OMG/USDT #Write2Earn #BTC $OMG $BTC $ETH
BTC Price Could Soon Touch $55.4K, But Bear Market Concerns Loom
According to Cointelegraph: Bitcoin's price is forecast to hit $55,000 this week, despite growing concerns about another bear market on the horizon. In his latest analysis, renowned trader Titan of Crypto has confirmed a BTC price target of $55,400. Bitcoin bulls are battling to reach all-time highs, with resistance currently forming near the $52,000 mark. Titan of Crypto reported that the "extremely bullish momentum" could potentially see BTC/USD rise further by 6% for the week. According to Ichimoku Cloud data on Titan's weekly chart, there is one more target to be achieved, with two targets already achieved . If Bitcoin can successfully close the weekly candle above $50,900, the next target of $55.4K will become visible. Despite Bitcoin's rise, concerns about an "overheated" market are growing. Trader and analyst Credible Crypto warned that even if current all-time highs are reached and BTC/USD rises above $100,000, the chances of a sharp correction are increasing. Credible Crypto emphasized the natural cyclical nature of the market, arguing that despite bullish inflows into spot Bitcoin ETF, no market can sustain an endlessly upward trajectory. A major parabolic rally is usually followed by a significant crash, and vice versa. Trader and YouTuber TXMC Trades similarly warned readers that they should not rely solely on ETF inflows to perpetuate Bitcoin's rise indefinitely. Mikael van de Poppe, founder and CEO of MN Trading, also expressed caution, noting that the market looks "slightly overheated" and suggesting that a minor correction may be needed to return to a more realistic state. 2$BNB #
Please note: I am not responsible for you responsibility if you make any mistake and deposit a large amount, which will lead to the loss or reset of your wallet! #OMG/USDT #Write2Earn #BTC $OMG $BTC $ETH
Expert: 375,000 investors bought Bitcoin at $50,230. 375,000 market participants bought ~119,480 BTC (~$6 billion) at an average price of $50,228. This level could become a serious resistance for Bitcoin, according to Lookonchain. “These addresses are currently in the red and could increase selling pressure as their positions reach breakeven,” the experts wrote. CryptoQuant analysts estimate that 97.3% of UTXOs are currently profitable. Experts have warned of the need to monitor on-chain indicators for early signs of a selling wave. The correction may be delayed by maintaining a strong belief in further growth and the lack of consensus on the “adequacy” of profits at the current stage, experts pointed out. According to the illustration, a high proportion of “positive” UTXOs can persist for a long time. #Write2Earn #BTC #TrendingTopic #ETH
ATTENTION ❗️SEC has approved applications for spot Bitcoin ETF❗️
The US Securities and Exchange Commission (SEC) has approved applications for spot Bitcoin ETFs and granted permission to list on all registered national securities exchanges.
All 11 issuers are admitted to trading, including asset manager Grayscale, which received approval to convert the GBTC trust into an ETF.
The SEC's approval of a spot Bitcoin ETF represents a major shift in the regulatory framework, signaling the growing acceptance of digital currencies in traditional financial systems. An ETF allows investors to gain exposure to Bitcoin without the complications of direct ownership, such as managing cryptographic keys.
The launch of spot ETFs is expected to attract a wider range of investors, including those who prefer traditional investment vehicles.
Experts also believe that the approval of the long-awaited BTC fund could pave the way for more cryptocurrency ETFs, potentially transforming the digital currency industry. #BinanceTournament #BTC-ETF. #BTC