Binance Square

bitcoinupdate2024

237,586 views
173 Discussing
Saba baloch 55
·
--
👑 TRUMP 🚨💥⚡️ Federal Reserve Lowers Interest Rates, Ends Balance Sheet Reduction The Fed just played ball (in the eyes of some) and cut interest rates by 25 basis points to 3.75–4.00%. It also said it’ll stop shrinking its balance sheet on December 1. That marks the second cut this year, indicating the central bank is beginning to worry more about a cooling job market than sticky inflation. Futures traders are already betting on another cut in December, but Powell’s made it clear they’ll be keeping things data-driven for now. There was no big fanfare in the markets to accompany the announcement. Yields dipped, the dollar softened, and crypto barely moved. Bitcoin is still hovering near resistance, with traders waiting to see how Powell frames the path ahead. If liquidity keeps flowing, it could give BTC and other risk assets a quick boost. But if inflation rears its head again, any rally could lose steam pretty sharpish. Hold strong, legends! 🦾 $TRUMP ,$jellyjelly ,$COAI #cryptocrash #bitcoinupdate2024 #PowellSpeech #MarketAnalysis #ETFFlow
👑 TRUMP
🚨💥⚡️ Federal Reserve Lowers Interest Rates, Ends Balance Sheet Reduction
The Fed just played ball (in the eyes of some) and cut interest rates by 25 basis points to 3.75–4.00%. It also said it’ll stop shrinking its balance sheet on December 1.
That marks the second cut this year, indicating the central bank is beginning to worry more about a cooling job market than sticky inflation. Futures traders are already betting on another cut in December, but Powell’s made it clear they’ll be keeping things data-driven for now.
There was no big fanfare in the markets to accompany the announcement. Yields dipped, the dollar softened, and crypto barely moved. Bitcoin is still hovering near resistance, with traders waiting to see how Powell frames the path ahead. If liquidity keeps flowing, it could give BTC and other risk assets a quick boost. But if inflation rears its head again, any rally could lose steam pretty sharpish.
Hold strong, legends! 🦾
$TRUMP ,$jellyjelly ,$COAI
#cryptocrash #bitcoinupdate2024 #PowellSpeech #MarketAnalysis #ETFFlow
#bitcoinupdate2024 is at a crucial level here. Not holding up at $60K and I think we'll have a final wash to $52-55K after which the upwards momentum continues.#$BTC
#bitcoinupdate2024 is at a crucial level here.

Not holding up at $60K and I think we'll have a final wash to $52-55K after which the upwards momentum continues.#$BTC
DIPS ARE for buying not selling big up side move coming soon are u full with your bags for selling when u need to buy !! #bitcoinupdate2024
DIPS ARE for buying not selling big up side move coming soon are u full with your bags for selling when u need to buy !! #bitcoinupdate2024
·
--
📈 Bitcoin rebounds on US labor market data. ETF flows negative. $66K potential trap zone. Short-term NUPL negative, indicating fear. Vanguard Red on daily, Long Vs Short favors Longs. Waiting for bullish signs for signals. Stay tuned for updates. 📈💡 #NUPL #bitcoinupdate2024
📈 Bitcoin rebounds on US labor market data. ETF flows negative. $66K potential trap zone. Short-term NUPL negative, indicating fear. Vanguard Red on daily, Long Vs Short favors Longs. Waiting for bullish signs for signals. Stay tuned for updates. 📈💡 #NUPL #bitcoinupdate2024
·
--
Bullish
·
--
Bullish
📨💯👈Remember. Well, Bitcoin did not correct 64164. It may reach 64023. Remember this post well. I will remind you soon.... I still stand by my first words The beginning of the bull run begins. When Bitcoin touches this point, the digital currencies will explode. What is happening now is a game of the whale. And you and I benefit from it💯 ____ #MarketDownturn #BinanceTurns7 #bitcoin #BTCUSDT #bitcoinupdate2024 $BTC
📨💯👈Remember. Well, Bitcoin did not correct 64164. It may reach 64023. Remember this post well. I will remind you soon.... I still stand by my first words
The beginning of the bull run begins. When Bitcoin touches this point, the digital currencies will explode.
What is happening now is a game of the whale. And you and I benefit from it💯
____
#MarketDownturn
#BinanceTurns7
#bitcoin
#BTCUSDT
#bitcoinupdate2024
$BTC
We learned that a strong decline is necessary for a strong rise to occur after it, but the year 2024 has defied all expectations, so we do not know whether Bitcoin will fall to 48 before rising to 89, or what will happen. Most people, including small and medium-sized whales, have red wallets, and most of the predictions this season fail. I have become afraid of recommending people to buy for fear of a sudden decline that will make their wallets red and reduce their profits. I do not know what will happen soon, but we cannot do anything but wait. #MarketDownturn #bitcoinupdate2024 #TopCoinsJune2024 #bitcoin
We learned that a strong decline is necessary for a strong rise to occur after it, but the year 2024 has defied all expectations, so we do not know whether Bitcoin will fall to 48 before rising to 89, or what will happen. Most people, including small and medium-sized whales, have red wallets, and most of the predictions this season fail. I have become afraid of recommending people to buy for fear of a sudden decline that will make their wallets red and reduce their profits. I do not know what will happen soon, but we cannot do anything but wait.
#MarketDownturn #bitcoinupdate2024 #TopCoinsJune2024 #bitcoin
·
--
Bearish
Bitcoin bottomed at $56K? BTC price chart hints at breakout within days Adding to the bullish technical formation, Bitcoin's distribution 'danger zone' has officially ended, according to popular analyst Rekt Capital. A popular Bitcoin chart formation suggests that Bitcoin's BTC tickers down $61,863 price could break out from its current range. However, this week's macroeconomic news could also significantly impact the price. Can Bitcoin break out to the upside? Is a Bitcoin breakout imminent? On the four-hour chart, Bitcoin price printed an inverse head and shoulders pattern, a formation used by technical analysts to predict the reversal of a previous downtrend. Based on the technical formation, Bitcoin could rally to the upside if a break above the trendline occurs, according to a May 13 X post from crypto investor Quinten Francois, who wrote: “Inverse head and shoulders pattern spotted on the $BTC chart. Not the most beautiful iH&S I've ever seen, but I'll take it. Different ways to draw the neckline too, but this way makes the most sense to me. Break the neckline for further price recovery!” #bitcoinhalving #Bitcoinblockchain #bitcoinupdate2024 $ETH $BNB $SOL
Bitcoin bottomed at $56K? BTC price chart hints at breakout within days

Adding to the bullish technical formation, Bitcoin's distribution 'danger zone' has officially ended, according to popular analyst Rekt Capital.

A popular Bitcoin chart formation suggests that Bitcoin's
BTC

tickers down
$61,863

price could break out from its current range. However, this week's macroeconomic news could also significantly impact the price. Can Bitcoin break out to the upside?

Is a Bitcoin breakout imminent?
On the four-hour chart, Bitcoin price printed an inverse head and shoulders pattern, a formation used by technical analysts to predict the reversal of a previous downtrend.

Based on the technical formation, Bitcoin could rally to the upside if a break above the trendline occurs, according to a May 13 X post from crypto investor Quinten Francois, who wrote:

“Inverse head and shoulders pattern spotted on the $BTC chart. Not the most beautiful iH&S I've ever seen, but I'll take it. Different ways to draw the neckline too, but this way makes the most sense to me. Break the neckline for further price recovery!”

#bitcoinhalving #Bitcoinblockchain #bitcoinupdate2024
$ETH $BNB $SOL
·
--
Bullish
Bitcoin is currently experiencing bearish trends, with the price around $62,886.74. The chart indicates lower highs and lower lows, suggesting continued pressure. Key support is near $60,000, and resistance stands at $64,217.43. Monitor these levels closely and consider the significant selling pressure shown by recent trading data. Advice: Approach BTC with caution and stay informed about the market dynamics. Read the full [Article](https://app.binance.com/uni-qr/cart/9886767124266?l=en&r=150575291&uc=web_square_share_link&uco=HHrsHM0d-QAP19esInk_8Q&us=copylink) for more insights. #bitcoin☀️ #bitcoinupdate2024
Bitcoin is currently experiencing bearish trends, with the price around $62,886.74.

The chart indicates lower highs and lower lows, suggesting continued pressure.

Key support is near $60,000, and resistance stands at $64,217.43. Monitor these levels closely and consider the significant selling pressure shown by recent trading data.

Advice: Approach BTC with caution and stay informed about the market dynamics.

Read the full Article for more insights.

#bitcoin☀️ #bitcoinupdate2024
$🪙 Latest Crypto News Today 🪙 "Crypto markets continue to see significant volatility with Bitcoin prices soaring to new highs, while Ethereum follows close behind. Key updates include the rise of new altcoins and the expansion of blockchain technologies in financial systems worldwide. Stay tuned for the latest market trends and investment insights as the crypto space evolves rapidly." #CryptoNews #bitcoinupdate2024 #Write2Earn! #DOGSONBINANCE #DigitalCurrency
$🪙 Latest Crypto News Today 🪙

"Crypto markets continue to see significant volatility with Bitcoin prices soaring to new highs, while Ethereum follows close behind. Key updates include the rise of new altcoins and the expansion of blockchain technologies in financial systems worldwide. Stay tuned for the latest market trends and investment insights as the crypto space evolves rapidly."

#CryptoNews
#bitcoinupdate2024
#Write2Earn!
#DOGSONBINANCE
#DigitalCurrency
·
--
Bearish
$BTC 15 minutes chart update: bitcoin is trading at around $58,178, showing a significant drop of -1.35%. Here’s an analysis based on the current setup: Key Observations: 1. Price Action: • The price has broken below the previous support level (marked by BOS - Break of Structure) around $58,280. • It attempted to test this level again but was rejected, confirming it as a new resistance level. Resistance and Support: The chart shows significant resistance around the $59,382 area, which the price has failed to break above. And The current support seems to be around the $57,840-$57,750 area, as indicated by the recent bottom. Given the current scenario: • Bearish Outlook: • If the price fails to break back above $58,421 (marked by the purple line), it might continue to move downward toward the next support level at $57,750. • A break below this support could lead to further downside, with potential targets around $57,500 or lower. • Bullish Reversal: • A reversal would require the price to break and hold above the $58,421 level with strong momentum. • If the price can break above this level, it may target the $59,000-$59,382 resistance area. #bitcoin☀️ #BinanceSquareFamily #bitcoinupdate2024
$BTC 15 minutes chart update: bitcoin is trading at around $58,178, showing a significant drop of -1.35%. Here’s an analysis based on the current setup: Key Observations:

1. Price Action:
• The price has broken below the previous support level (marked by BOS - Break of Structure) around $58,280.
• It attempted to test this level again but was rejected, confirming it as a new resistance level.
Resistance and Support:
The chart shows significant resistance around the $59,382 area, which the price has failed to break above. And The current support seems to be around the $57,840-$57,750 area, as indicated by the recent bottom.
Given the current scenario:

• Bearish Outlook:
• If the price fails to break back above $58,421 (marked by the purple line), it might continue to move downward toward the next support level at $57,750.
• A break below this support could lead to further downside, with potential targets around $57,500 or lower.
• Bullish Reversal:
• A reversal would require the price to break and hold above the $58,421 level with strong momentum.
• If the price can break above this level, it may target the $59,000-$59,382 resistance area.
#bitcoin☀️
#BinanceSquareFamily
#bitcoinupdate2024
·
--
Bearish
Cardano (ADA) experiences a bullish hourly Golden Cross raising hopes of a rally, while XRP is predicted to be a 'sleeping giant' ready to awaken. FRIEND, AKT, and GRT prices surge as Bitcoin drops below $62k. The unveiling of a #Shiba Doge hybrid leads to an anticipated 8,000% surge, contrasting the struggles of Shiba Inu and Dogecoin. Bitcoin's rally is halted with a price drop below $61k, but a hacker's return of $47 million in #ETH brings a positive twist. Bitcoin and altcoins face a sharp decline, stirring up concerns in the crypto market. Bitcoin ETFs are poised to impact BTC prices, according to Peter Schiff, as Bitcoin and Ethereum prices tumble amid over $150 million in crypto liquidations. Kraken battles the SEC in a lawsuit while a Hong Kong issuer seeks a spot Bitcoin ETF in China. Notable developments include EigenLayer's $15B token launch and the return of a $70M scam refund, adding intrigue to the ever-evolving cryptocurrency landscape. $ADA $BTC #bitcoinupdate2024 #btc
Cardano (ADA) experiences a bullish hourly Golden Cross raising hopes of a rally, while XRP is predicted to be a 'sleeping giant' ready to awaken. FRIEND, AKT, and GRT prices surge as Bitcoin drops below $62k. The unveiling of a #Shiba Doge hybrid leads to an anticipated 8,000% surge, contrasting the struggles of Shiba Inu and Dogecoin. Bitcoin's rally is halted with a price drop below $61k, but a hacker's return of $47 million in #ETH brings a positive twist. Bitcoin and altcoins face a sharp decline, stirring up concerns in the crypto market.

Bitcoin ETFs are poised to impact BTC prices, according to Peter Schiff, as Bitcoin and Ethereum prices tumble amid over $150 million in crypto liquidations. Kraken battles the SEC in a lawsuit while a Hong Kong issuer seeks a spot Bitcoin ETF in China. Notable developments include EigenLayer's $15B token launch and the return of a $70M scam refund, adding intrigue to the ever-evolving cryptocurrency landscape.
$ADA $BTC #bitcoinupdate2024 #btc
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number