**最終，主趨勢線即將突破** 📈 今天 $BTC 從 63500$ 趨勢和支撐區域突破，我認爲價格最終即將觸及並突 | 幣安廣場上的 Appexindex-Pro

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**最終，主趨勢線即將突破**
📈 今天 $BTC 從 63500$  趨勢和支撐區域突破，我認爲價格最終即將觸及並突破主趨勢線，朝着 71,165$  邁進，這是下一個短期目標。

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**Finally The Main Trend Line Is About To Break** 📈 Today $BTC Breakout From The 63500$ Trend And Support Area And I Think Finally The Price Is About To Hit And Break The Main Trend Line Toward a 71,165$ As a Next Short Term Target.#moonbix #BTCBreaks65K #BTCUptober #10MTradersLeague #NeiroOnBinance

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Bitcoin on Track for Record Sideways Action, With Eyes on November Elections As Bullish Catalyst Bitcoin is nearing the record for the longest sideways market range post-halving, currently at 285 days since the last halving in April. Factors like U.S. election uncertainty, rising U.S. Treasury yields, and the extension of Mt. Gox's repayment deadline to October 2025 are contributing to Bitcoin's lackluster price action. Bitcoin is two weeks away from marking its longest-ever period in a sideways market range since its April halving, demoralizing bulls positioned for a bigger rally in the final quarter of this year. “285 days have passed since the bitcoin halving,” CryptoQuant founder Ki Young-Ju said in an X post Friday. “If there is no bull market in 14 days, this will mark the longest sideways post-halving in history.” Halvings happen about every four years and decrease the block rewards to miners. Bitcoin halving has always been associated with bull rallies, with asset prices increasing by several hundred percent in the months following previous events. Prices tend to rise with fewer new bitcoin in the open market as long as demand remains constant or increases. BTC jumped above $73,000 to new lifetime highs ahead of the April 14 halving - with some targeting a continued rally to as high as $160,000 by the end of this year. However, prices have largely fluctuated in the $59,000 to $65,000 range since then, nearing a 300-day sideways action record from 2016. 285 days have passed in 2024. If there is no #Bitcoin bull market within the next 14 days, this will mark the longest sideways in a halving year in history. pic.twitter.com/JWHkgHC27C #10MTradersLeague #BinanceLaunchpoolSCR #moonbix #BNBChainMemecoins — Ki Young Ju (@ki_young_ju) October 11, 2024 Bitcoin's boring price action, characterized by continued accumulation by small investors, is being attributed to several reasons, including the U.S. election uncertainty and renewed uptick in the U.S. Treasury yields.

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ALTCOINS THAT ARE ACCUMULATING THEIR STRENGTH AFTER SLEEPING: WHAT’S NEXT? ALTCOINS THAT ARE ACCUMULATING THEIR STRENGTH AFTER SLEEPING: WHAT’S NEXT? #XLM SLEEPING FOR 855 DAYS WHEN WILL ITS NEXT BIG MOVE BE? XLM has been showing more signs of trading within its usual ranging market structure from 0.0725-0.1525. This market movement has been ongoing for 855 days, this goes to show that the stability of this token has provided opportunities for day traders who are into secure daily open and closes. Right now, we're still validating the possibility that it might continue with its usual ranging market albeit the fact that it has stayed dormant for a very long time will be considered as an extreme factor for a possible massive movement in the near future. If you want to join the day traders who are doing the same thing for 855 days, you may do so and continue observing the market while taking some profits from this kind of market structure for your setups. $BTC THIS PATTERN SHOWS #COMP'S INTENTION TO DO THIS NEXT PRICE ACTION! COMP has been moving below its major support since the decline that happened from 2020-2022. It continues to move in a ranging market structure below these major supports that once held it. Now, it's accumulating strength and can possibly breakout after some minor and major tests. More demands will continue to show up once the acknowledgement of other traders will pop up within these zones. The more this token experiences its downward strides, it would potentially cause a high bounce to happen. As of the moment the major resistance that was created is still at 100. Anytime soon, this would be broken and will potentially cause another major resistance to be tested. $COMP #BinanceLaunchpoolHMSTR #moonbix #BTCReboundsAfterFOMC COMPUSDT -0.64% #OM HAS BEEN STAYING ON TOP OF THESE SUPPORTS: BREAK POSSIBLE? We have reviewed the current market scenario for OM and it's still showing more signs of it being on its markup phase. The price is still sitting on top of the previous resistances broken from 0.63-0.87. #

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Date: 29-09-2024 RSI Heatmap The Crypto Market RSI Heatmap you've shared offers an in-depth view of the market's relative strength across various cryptocurrencies. This visualization is incredibly useful for identifying overbought or oversold conditions, helping traders gauge whether the market is trending towards bullishness or bearishness. Let’s dive into the detailed analysis of the heatmap and break down the important aspects, predictions, and necessary precautions for trading in this environment. 1. General Overview: Heatmap Interpretation🌡️ The heatmap provides an RSI-based assessment across multiple timeframes (the image shows a 1-week view). Here's a breakdown of how RSI levels are categorized: 0-30 RSI (Oversold): Cryptos in this zone could indicate potential buying opportunities. Prices have dropped significantly, and an upward reversal may be on the horizon. 30-40 RSI (Weak): Markets in this zone are still bearish but may begin to consolidate or recover soon. 40-50 RSI (Neutral): Neither strongly bullish nor bearish; cryptos are in a period of indecision. 50-60 RSI (Strong): Indicators are bullish, suggesting that buying momentum is starting to take hold. 70+ RSI (Overbought): Markets are likely due for a correction. Overbought conditions signal potential profit-taking and upcoming price declines. 2. Key Observations: Standout Cryptocurrencies 🚨 Overbought Cryptos (>70 RSI): REEF (80+): Sitting at the top of the chart, REEF is deep into overbought territory, signalling an imminent correction. Traders should be cautious here. SUI, TRX, AAVE: Close behind, these assets are also entering overbought zones, indicating that buyers might be exhausting their strength soon. Neutral Cryptos (45-55 RSI): BTC, SOL, AVAX, DOT, LINK, ETH: The major players like Bitcoin and Ethereum are in the neutral zone, meaning the market is indecisive. This could be a period of consolidation before a breakout in either direction.

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$BTC #BTC low volumes and price consolidation, we were able to catch a good move from 56.8k and then with another long from 64k, there are still two tp left for the last open long scalp, the next one will be around 67k. It is essential that BTC closes this month at least above 65.5k this would mean new ATH in October, and would also make my target by the end of the year of 90k (announced in January) extremely probable. For now, therefore, no short, we will wait at least 67-68k before flipping short. #BinanceLaunchpoolHMSTR #moonbix #FTXSolanaRedemption #NeiroOnBinance #BTCReboundsAfterFOMC

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