Trump has won the US presidency once again, securing key swing states and surpassing the required 270 electoral votes. Despite a campaign marked by two assassination attempts, he will become only the second Republican in two decades to secure a second term, while his opponent, Kamala Harris, concluded with 224 electoral votes. A vocal supporter […]
.00001740, .00001940 Resistance Levels: .00002410 After stabilizing at the .00001740 level, buyers have reclaimed momentum. They are now pushing prices above the critical .00001940 resistance and raising prospects for further gains. Lucky Block Price Forecast - LBLOCKUSD Outlook Last week, sellers aimed to extend the decline, testing the .00001940 support level during a phase of consolidation. However, buyers have shown resilience, signaling a possible reversal of the bearish momentum. This shift suggests that a breakout toward the .00002410 level is feasible if buyers sustain the pressure. The Moving Average Convergence Divergence (MACD) indicator favors buyers, showing increased buying pressure against recent bearish sentiment. Other momentum indicators also indicate a bullish trend, underscoring the potential for buyers to take advantage of current market conditions. With the market leaning toward a bullish trend, Lucky Block buyers have a clear path to test the .00002410 resistance level in the near term. Sustained buying activity could drive prices to new highs, setting an optimistic outlook for Lucky Block's upcoming sessions. Lucky Block Medium Term Trend: Bullish (4-hour chart) On shorter time frames, buyers continue to strengthen, gradually mitigating remaining bearish pressure. The sell traders are likely to be limited in their pursuit for a while this week. The positive momentum shift, highlighted by both the MACD and other momentum indicators, signals a likely continuation of gains. The bearish strength is therefore likely to decline. https://www.tradingview.com/x/AnTvl0xp/ https://www.tradingview.com/x/to3M0hrb/ Bitcoin Falters Amid Buyer Pressure as Bulls Face Resistance" decoding="async" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/11/BTCUSD-1DAY-1-395x243.png"/>
Bitcoin (BTCUSD) Bullish Momentum Slows Bitcoin crypto struggles as buyer pressure meets resistance. BTCUSD recently reached a high near $75,470 but has since lost momentum, as buyers encounter significant resistance. After a robust upward surge that broke several key levels, Bitcoin faced strong selling pressure at $72,880, prompting a corrective pullback toward the $67,500 zone. […]
Bitcoin Bulls Lose Grip Bitcoin crypto pulls back as buyers encounter resistance, with BTCUSD’s recent bullish momentum stalling after reaching the $73,720 resistance level. Following this peak, buyer strength waned, allowing sellers to push BTCUSD down toward the $70,000 support zone. Current market sentiment suggests that sellers may continue applying pressure in the near term, […]
The cryptocurrency market has seen massive crypto inflows reach $2.2 billion last week, pushing the total assets under management to over $100 billion. This surge comes as investors react to potential changes in the U.S. political landscape, though recent data suggests some profit-taking has begun. Understanding the Pattern of the Recent Crypto Inflows Bitcoin grabbed […]
Bitcoin Bears Loom if BTC Stays Under $70,000 Level. Crypto analyst DonAlt has issued a warning about Bitcoin’s near-term prospects, highlighting potential bearish risks if BTC fails to secure a close above the critical $70,000 mark. Currently trading at $69,379, Bitcoin could face heightened selling pressure if it remains below this level. DonAlt points out […]
As the United States heads to the polls, Bitcoin traders are watching key market indicators that could signal major price movements. Recent data from Kaiko Research highlights how crypto markets are preparing for potential election-related volatility, with Bitcoin’s price movements catching particular attention. How Bitcoin Derivatives Markets Are Positioning The futures market tells an interesting […]
Bitcoin (BTCUSD) Buyers Still Continue to Dominate Bitcoin bulls approach key resistance at $73,720 amid strong uptrend. Bitcoin bulls are showing resilience as they cautiously approach the critical $73,720 resistance level. Currently trading near $72,000, BTCUSD has seen consistent price appreciation, with buyers maintaining their dominance over the past two months. After recovering from a […]
Fresh data from CoinShares shows crypto investments are reaching new heights, with weekly crypto inflows hitting $901 million. This surge has pushed the total inflows for 2024 to an impressive $27 billion, nearly tripling the previous record set in 2021. The United States led this investment wave with $906 million in inflows, while smaller markets […]
Bitcoin (BTC) could be on the verge of a significant rally, as market analysts forecast a possible climb to $100,000. Growing interest from institutional investors has sparked optimism, suggesting stronger price momentum. Key factors supporting this outlook include the rising demand for spot Bitcoin exchange-traded funds (ETFs), giving investors regulated access to BTC. $BTC Bulls […]
