BTCUSD Buyers Fight More Expansion BTCUSD buyers are aiming for further expansion as they push close to the $76,000 resistance level. Bitcoin’s bullish rally continues, with BTCUSD trading near this significant price mark. Buyers have maintained strong momentum in recent weeks, driving prices higher after a brief pullback to the $68,000 support zone earlier in […]
Bitcoin’ weekend surge may signal an imminent market correction ahead. Bitcoin’s rapid $2,000 rise on Nov. 10 could soon reverse, say analysts. The recent low liquidity weekend rally saw BTC/USD gain nearly 3%, a trend that typically leads to pullbacks. Market commentator WhalePanda noted that price increases during low-liquidity weekends usually “fully retrace.” #Bitcoin Huge […]
Bitcoin could be on the brink of a rally similar to those observed in prior election years, driven by solid fundamentals and a pattern aligned with previous U.S. presidential elections. Despite cautious market sentiment following the recent U.S. elections, CryptoQuant analysts highlight that Bitcoin remains fairly valued, not overvalued, presenting an opportunity for potential gains. […]
In a groundbreaking development for the cryptocurrency market, BlackRock’s Bitcoin ETF (IBIT) has achieved a remarkable milestone, surpassing its gold ETF counterpart with net assets reaching $33.17 billion. The Bitcoin ETF’s exceptional performance marks a significant shift in institutional investment preferences, particularly following recent market-moving events. Breaking Down BlackRock’s Bitcoin ETF Success The IBIT fund, […]
Bitcoin hit a remarkable milestone today, climbing close to $77,000 as markets responded to Donald Trump’s victory in the US presidential election. The leading cryptocurrency saw a 9% increase, marking one of its strongest daily performances in 2024. The rally comes as Trump’s proposed policies signal a more welcoming environment for cryptocurrencies. A key factor […]
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 […]
