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BTC Losing 60K Support or Retracing in 3 Days? The cryptocurrency trend over the past 24 hours was sharply negative, as investors await the Federal Reserve’s interest rate projections on Wednesday. A rate cut is not on the cards, but comments about the timing and speed of the rate cuts expected later this year are eagerly awaited. The price of Bitcoin dropped 4.9 percent to $65,113 over the past 24 hours, 12 percent below its all-time high reached last Thursday. Bearish clouds, rain and even storms linger over the global crypto market in the next 24 hours and over a one-week horizon, with none of the crypto tokens covered by ATTMO being spared. Downside risks predominate in the short term but looks like some sun is about to shine on Bitcoin in 3 days, signaling a slight and potential recovery. Follow us for more crypto news and weather reports!
COINBASE:BTCUSD
by ATTMO
Bitcoin's Evolution: Riding the Waves of Market TrendsIn the dynamic realm of cryptocurrency, Bitcoin (BTC) continues to evolve, shaping and reshaping market trends in unprecedented ways. As the pioneer of decentralized finance, Bitcoin's journey remains a captivating saga, marked by volatility, innovation, and transformative potential. Amidst regulatory scrutiny, technological advancements, and shifting investor sentiment, Bitcoin's resilience shines through, reaffirming its status as the digital gold standard. Whether navigating bull runs or weathering market corrections, Bitcoin's influence on the broader crypto landscape remains undeniable, driving conversations and inspiring new paradigms in finance. In the fast-paced world of digital assets, Bitcoin's evolution stands as a testament to the power of innovation and the enduring allure of decentralized finance.
BITSTAMP:BTCUSD
by LiLy_Happy
BTC increasedIn the ever-evolving landscape of finance, one digital asset has risen to prominence, capturing the imagination of investors worldwide: Bitcoin. As the pioneer of cryptocurrencies, Bitcoin has sparked a revolution, reshaping traditional notions of currency and investment. With its decentralized nature and revolutionary blockchain technology, Bitcoin stands as a symbol of financial liberation, offering individuals unprecedented control over their wealth and transactions. Yet, amidst the promise of newfound freedom, the cryptocurrency market remains a realm of both opportunity and uncertainty. Navigating the twists and turns of the Bitcoin market requires a keen understanding of its unique dynamics. From the volatility of price fluctuations to the intricacies of blockchain technology, investors must tread cautiously, armed with knowledge and strategic foresight. As Bitcoin continues to carve its place in the financial landscape, opportunities abound for those willing to venture into the realm of digital assets. Whether it's exploring innovative investment strategies or harnessing the power of blockchain technology for real-world applications, the potential for growth and innovation knows no bounds. However, with great opportunity comes great risk. The volatile nature of the cryptocurrency market demands vigilance and discipline, as fortunes can be made or lost in the blink of an eye. Amidst the excitement and speculation, it's essential for investors to remain grounded, making informed decisions based on thorough research and analysis. In the midst of a rapidly changing financial landscape, Bitcoin remains a beacon of hope and possibility. As pioneers in this digital frontier, investors have the opportunity to shape the future of finance, embracing the transformative power of cryptocurrency with courage and conviction. As Bitcoin continues to capture the imagination of investors around the world, one thing remains clear: the journey is just beginning. With each new twist and turn, the cryptocurrency frontier offers fresh opportunities for growth, innovation, and financial freedom.
BINANCE:BTCUSD
by LuxeFX_Trading
Bitcoin: Riding the Wave of Digital RevolutionIn the fast-paced world of digital finance, Bitcoin stands tall as a symbol of innovation and decentralization, reshaping the way we perceive and transact value. Its meteoric rise and resilience amidst market fluctuations underscore its growing influence in the global economy. With each passing day, Bitcoin continues to redefine the boundaries of traditional finance, offering individuals greater autonomy over their financial assets. As the digital revolution unfolds, Bitcoin remains at the forefront, driving conversations and inspiring countless innovations. In the saga of financial evolution, Bitcoin's journey is one of relentless progress and boundless possibilities.
BINANCE:BTCUSD
by LuxeFX_Trading
Bitcoin's Ascendancy: Embracing Innovation Amidst Market DynamiLet's delve into the latest developments shaping the world of Bitcoin amidst evolving market dynamics and technological innovation. Here's a snapshot of what's happening in the Bitcoin market: Bitcoin continues its upward trajectory, defying market expectations and surpassing key resistance levels. The cryptocurrency's resilience reflects growing investor confidence and institutional adoption, signaling a paradigm shift in the digital asset landscape. Institutional interest in Bitcoin reaches new heights, with major companies and financial institutions integrating Bitcoin into their investment portfolios. This institutional adoption not only validates Bitcoin's legitimacy but also propels it further into mainstream consciousness, driving increased demand and liquidity. Technological advancements within the Bitcoin ecosystem drive innovation and scalability, enhancing Bitcoin's functionality and usability. Upgrades such as the Lightning Network and Taproot protocol improve transaction efficiency and security, paving the way for broader adoption and utility. Market volatility remains a constant feature of the Bitcoin landscape, as prices fluctuate in response to macroeconomic factors and regulatory developments. Regulatory clarity and government interventions shape market sentiment, influencing investor behavior and market dynamics. Looking ahead, Bitcoin's trajectory remains subject to various factors, including regulatory developments, technological advancements, and market sentiment. As the digital asset ecosystem continues to evolve, Bitcoin's role as a decentralized alternative to traditional currencies solidifies, reshaping the future of finance. In summary, Bitcoin's ascendancy amidst evolving market dynamics and technological innovation underscores its transformative potential in the digital age. Stay informed, stay adaptable, and stay ahead in the dynamic world of Bitcoin investing.
BINANCE:BTCUSD
by Midas_Calista
Bitcoin Buzz: Decrypting Cryptocurrency TrendsIn the realm of digital finance, Bitcoin stands as a beacon of innovation and speculation. Recent fluctuations in the cryptocurrency market have once again propelled Bitcoin into the spotlight, capturing the attention of investors worldwide. From regulatory developments to technological advancements, various factors influence Bitcoin's price dynamics and market sentiment. As the landscape of digital assets continues to evolve, Bitcoin's resilience and volatility shape its journey through the global financial landscape. Observers diligently analyze these trends, aiming to decipher the complex patterns that drive the trajectory of this pioneering cryptocurrency.
BITSTAMP:BTCUSD
by Midas_Calista
2
BTC: The Correction Phase.Hello traders, I hope you're all safe and sound. Since reaching the all-time high of $73.8k, BTC has already undergone a 12% correction and it seems this correction is just beginning. In this 6-hour chart, we observe two major support levels for BTC: the first is the 100 EMA at the current price level and the second lies at $63k. If these supports are breached, the next level would be between $57k-$59k. I trust this information is helpful. Trade safely. Regards, Team Dexter. #BTCUSD
Short
by Dexter_The_Trader
BTC Slightly Bullish 24H ☀️; Bears Back in 3Days ☁️Cryptocurrencies regained some strength after having dropped sharply on Friday and over the weekend, with Bitcoin trading 7 percent below its all-time high (ATH) of $73,628 reached on Thursday. This volatility triggered liquidations of long positions of almost $900 million. The inflow of assets into the nine spot Bitcoin exchange traded products (ETFs) launched in mid-January is one of the factors that has driven the price of Bitcoin up over the past weeks. The price of Bitcoin increased 4.6 percent to $68,550 over the past 24 hours, and is up 32 percent over the past month. “Bitcoin started to sell off on Friday morning Asia time when Fidelity reported only $14m of inflows (for Thursday) vs. $280m the prior day. Bitcoin traded at $72,000 when the number came out. When BlackRock reported inflows of just $140m for Friday, Bitcoin sold off over the weekend. As Bitcoin broke the uptrend, liquidations were triggered, and Bitcoin fell to $65,000,” noted the Head of Research at 10x Research, Markus Thielen, who expects a further decline down to $59,000. The data analytics firm CryptoQuant points out that it’s largely short-term Bitcoin investors, those having held the token for less than five months, that are taking large profits right now. According to ATTMO, bullish sun will shine over Bitcoin in the next 24 hours. However, over a one-week horizon, bearish clouds will sweep in over a large part of the crypto universe and Bitcoin and most alts will face downside risks. Follow us for more crypto weather reports!
BITSTAMP:BTCUSD
by ATTMO
BTC try to break falling wedge patternHi, welcome to my analysis, I have a new pattern for BTC we have correction wave from 14 mar, and perform falling wedge pattern. at 1 hour timeframe, BTC already break this pattern and we already have candle close above falling wedge resistance. This pattern profit projection at previous high at $74.055, but we also have fibonacci support at 0.618 with this support our second target at $79.801 Good luck I will update this analysis if I found a new key level.
Long
by AzrulAzir
2