판다카지노 보증업체 보증금 4000만원 온카패스

바카라 게임；바카라 규정과 성공적인 베팅 방법

Sebastian Villafuerte — Thu, 24 Oct 2024 14:30:44 +0000

Bitcoin has rebounded strongly from the $65,000 mark after a 6% dip from Monday’s high of around $69,500. Despite the recent pullback, BTC remains in a bullish trend that has been in place since early September. This rebound shows resilience, helping maintain the bullish market structure. Key data from CryptoQuant reveals that the average funding rate has steadily grown since September, indicating that bullish sentiment is increasing as more traders actively engage in the market. The coming two weeks will be pivotal for Bitcoin as it approaches March’s all-time high. Investors and analysts closely watch price movements as BTC builds momentum toward breaking key resistance levels.

If the bullish trend continues, Bitcoin could be poised for another significant rally, with the potential to set new highs shortly. However, any failure to hold current levels could bring renewed volatility.

Bitcoin Showing Strength

Despite a recent dip, Bitcoin remains strong above key demand levels, maintaining the overall bullish structure. Analysts and investors are closely monitoring the price action for confirmation that the current phase is simply a bullish consolidation before the next leg up.

CryptoQuant analyst Axel Adler shared data on X, highlighting the BTC futures perpetual funding rate, which has shown steady growth since Bitcoin reached the $60,000 level. This indicates a growing number of bulls entering the market, with optimism rising as the price pushes higher.

Adler suggested that bullish momentum will likely continue as long as this funding rate increases, reinforcing that BTC is in a healthy consolidation phase. However, this doesn’t guarantee an immediate breakout. There is still a significant chance that Bitcoin may trade sideways over the next few days. Sideways price action could be essential for building liquidity, allowing the market to gather strength for a larger move. While the market sentiment remains optimistic, especially with the ongoing increase in bullish activity, investors should prepare for potential fluctuations. The next major price action could go in either direction, but the steady support above key levels is a positive indicator for those betting on further upside in Bitcoin’s price.

BTC Holding Above Key Demand

Bitcoin is holding strong above the $66,000 level after finding support around $65,000. Currently trading at $67,100, the market seems to be in a consolidation phase, and it may take some time before a breakout above the crucial $70,000 level. For the bulls to maintain momentum, it’s essential that the price holds above $65,000 or finds support around the $64,300 mark, where both the 4-hour exponential moving average (EMA) and moving average (MA) align. If Bitcoin fails to maintain these support levels, a deeper correction could be expected, with the price potentially retracing to lower demand zones around $60,000. On the other hand, if BTC manages to break and hold above $70,000 in the coming days, this could trigger a strong rally toward challenging all-time highs. With investors closely monitoring key support and resistance levels, the next few days will be crucial for determining Bitcoin’s direction.

Featured image from Dall-E, chart from TradingView

카지노소프트웨어 ；바카라사이트；카지노사이트킴

Sebastian Villafuerte — Thu, 17 Oct 2024 22:00:01 +0000

Bitcoin is holding strong above $67,000 after setting a new local high of around $68,300, fueling excitement among investors. This bullish momentum is driven by price action and supported by key market data signaling a potential uptrend continuation. Daan, a top crypto analyst, shared crucial insights showing that Bitcoin ETFs have been buying heavily for the past four days. This surge in institutional demand is a positive signal for the market, as it could further propel Bitcoin toward new all-time highs. The next few days will be critical for Bitcoin’s trajectory, with many traders and investors eyeing a potential breakout to historic levels. The anticipation grows as BTC edges closer to these highs, making the upcoming price movements pivotal in shaping the market’s direction.

Bitcoin Demand Rising

The whole market is buzzing with excitement and volatility, with Bitcoin leading the way by establishing a clear uptrend since early September. Analysts and investors are attributing part of this surge to the Federal Reserve’s recent interest rate cuts, but other significant factors influence Bitcoin’s price action.

Key data shared by Daan, a top crypto analyst, reveals that Bitcoin ETFs have seen substantial inflows over the past week.

The last four trading days alone have witnessed a combined $1.639 billion in inflows, making this week one of the most successful since the inception of Bitcoin ETFs. This surge in institutional demand signals that traditional investors are increasingly confident in Bitcoin’s future, driving up demand and boosting the price. Despite the current optimism, there is caution among market observers. Historically, periods of heightened excitement and euphoria in the market are often followed by price retracements or consolidation. Bitcoin tends to mark local tops when sentiment peaks, which could signal a cooling-off period before the next major move. Investors are closely watching for signs of a potential pullback or whether Bitcoin will continue to climb toward new all-time highs in the weeks ahead.

Key Levels To Watch

Bitcoin is trading at $67,000 after a 2% retrace from its recent local top at $68,388. Despite this slight pullback, the price is holding firmly above the previous high of $66,500, signaling a strong consolidation phase that could set the stage for another move higher. For the bullish momentum to continue, BTC must maintain its position above $66,500. If it does, the price could soon push toward new highs. However, if Bitcoin fails to hold above this critical level, a healthy retrace to the daily 200-day moving average (MA) would still indicate strength in the market. The 200-day MA has historically been a reliable support level during uptrends, providing a foundation for further gains. If the price falls below the 200-day MA, a deeper correction to $60,000 is likely. This level represents significant demand and could offer another buying opportunity before the next leg.

Featured image from Dall-E, chart from TradingView

시그니처카지노 【보증업체】 가입코드 이벤트 쿠폰

Sebastian Villafuerte — Wed, 16 Oct 2024 02:00:09 +0000

Bitcoin surged over 5% yesterday, following a positive day across the crypto market. This sudden price boost has sparked optimism among investors and analysts, anticipating even bigger gains in the coming months. Market sentiment is improving alongside price action, fueling hopes for a sustained rally. Key data from CryptoQuant suggests that Bitcoin demand is rising, supporting the idea that Bitcoin could continue to climb. This growing demand and the improving market sentiment create a favorable environment for bullish momentum.

Continuing the recent price surge could set the stage for Bitcoin to reach new highs, while any hesitation might lead to further consolidation. Either way, market participants are eagerly awaiting the next major move.

Bitcoin Open Interest Reaching New Highs

After surging to test local highs, Bitcoin is at a critical turning point, setting the stage for a potential rally that has analysts and investors optimistic. The price has surged over 12% in less than a week, reflecting renewed bullish sentiment in the market. This upward momentum has sparked hopes of continued gains, with many speculating that Bitcoin is on the verge of a significant breakout.

Top crypto analyst and investor Ali Martinez recently shared a compelling CryptoQuant chart, revealing that Bitcoin’s open interest across all exchanges has just hit a new all-time high of $19.75 billion.

This spike in open interest often precedes large price moves, signaling heightened activity and more capital at stake in the market. A surge in open interest suggests that traders are positioning themselves for significant price action, potentially adding more fuel to the current rally. The data from CryptoQuant supports the growing bullish outlook for Bitcoin, as it suggests that investors and traders are increasingly confident in the asset’s near-term performance. Bitcoin could be on track to test new highs if this momentum continues, paving the way for a broader market rally. As the market eyes this critical juncture, the next few days will be crucial in determining Bitcoin’s trajectory.

BTC Pushing Local Highs

Bitcoin is trading at $65,600 after consolidating following yesterday’s surge to local highs. The price is eyeing the crucial $66,500 resistance level, which, if broken, could send BTC to new all-time highs. This resistance has been a key barrier for Bitcoin, and a successful push above it would confirm the bullish momentum and likely lead to further gains. BTC is now trading well above its 200-day moving average (MA) at $63,336, further solidifying the positive outlook for Bitcoin in the coming weeks. Holding above this MA is a strong indicator that the bulls are in control. The market is poised for a potential rally. However, for Bitcoin to continue its upward trajectory, it must break the $66,500 level and set a new high. On the downside, if BTC fails to surpass this resistance, a retrace to lower demand levels around $62,000 could occur, which would still be a healthy correction within the broader uptrend. The market remains optimistic, but the next few days will determine whether BTC can maintain its momentum or face a short-term pullback.

Featured image from Dall-E, chart from TradingView

카지노 유럽편；온라인카지노, 카지노사이트

Jake Simmons — Thu, 03 Oct 2024 12:30:26 +0000

In his latest video analysis titled “BITCOIN’S One Indicator Signaling LAST Major Dip,�?Dan Gambardello, a noted crypto analyst with 370,000 subscribers on YouTube, delves into the latest price action of Bitcoin to forecast what could potentially be the final major dip. After dropping as low as $60,000 on Wednesday, the fear of another deeper price crash has grabbed the Bitcoin market.

Why This Could Be The Final Leg Down For Bitcoin

Gambardello emphasizes the significance of the daily and six-hour charts. On the daily chart, Bitcoin is currently testing the 50-day moving average, a level that often serves as a litmus test for short-term market sentiment. However, the analyst’s main focus is on the six-hour chart’s Relative Strength Index (RSI), a momentum oscillator used to measure the speed and change of price movements, which has hit oversold levels. According to Gambardello, the RSI reaching oversold territory is traditionally viewed as a bullish signal, potentially indicating an approaching end to the current price dip.

“The bottom is actually, I think, close. There could be some type of capitulation in the very short term, but I think there could be a very strong bounce after that happens,” Gambardello noted, suggesting that despite the immediate market turmoil following the Israel-Iran conflict news, the fundamentals point towards an eventual robust recovery.

Via X, Gambardello added, “Nothing like a 6 hour oversold RSI at the beginning of bull season. Also great during bull season.�?/p> This assertion is grounded in his analysis of past market behaviors during similar conditions, reinforcing the cyclical nature of Bitcoin’s market dynamics. Drawing parallels to historical data, Gambardello highlights the behavioral trends of Bitcoin in previous Octobers, noting a pattern of initial declines followed by strong recoveries by the end of the month. “October will close green. It’s always [like this] with the dip. People are just freaking out. I guess that’s it, but this gives us a little time. We’re getting all these red candles going into October, give us another week, maybe even two and we could get a pump, a breakout to the upside to end October,�?Gambardello claims. Further deepening the analysis, Gambardello discusses the potential scenarios around Bitcoin’s lower trend line, a recurrent support level over the past six months. He speculates that if Bitcoin approaches this trend line again, it could effectively serve as a robust support level, potentially marking the last significant downturn before a sustained upward trend. Notably, one final touch of the trendline could bring down the BTC price as low as $50,000. However, Gambardello thinks that this is a less likely scenario as the 6-hour RSI has already hit oversold territory while BTC is currently bouncing off the 50-day moving average.

Moreover, Gambardello refers to Bitcoin’s performance in past halving years, which are typically followed by bull markets, as seen in 2016 and 2020. Gambardello suggests that the current year could follow a similar trajectory. “This is a Halving year. We’ve seen what’s happened in Halving years in 2020 and 2016 in October. Is it going to repeat?�?/p> At press time, Bitcoin traded at $60,899.