BTC Goes Higher - ☀️ & Bullish Potential for the next 7 days? A bullish sun will shine over Bitcoin in the next 24 hours and week, indicating additional upside potential.
The cryptocurrency trend was positive over the past 24 hours, driven by the strong quarterly results released by the American chipmaker Nvidia yesterday evening.
The institutional digital asset summit held by BlackRock later today may push the price of Bitcoin further up. The world’s largest asset manager is expected to promote its spot Bitcoin exchange traded fund (ETF), NASDAQ:IBIT , to institutional investors during this event. Assets under management in this ETF reached $6.3 billion five weeks after its launch in mid-January.
The market capitalization of cryptocurrencies is now oscillating around $2 trillion, with that of Bitcoin representing half of it. The price of Bitcoin rose 0.1 percent to $51,839 over the past 24 hours.
The Head of Research at Fundstrat, Tom Lee, expects this price to reach $150,000 during 2024, he said when interviewed by CNBC. Its price will be buoyed by the launched spot Bitcoin ETFs in the US, Bitcoin’s upcoming halving in April as well as upcoming rate cuts, Lee said.
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XRP Downside Risks 24h & 3D ☁️; Price Recovery in 7 Days? ☀️John Deaton, a pro-crypto lawyer, confirmed that he will run as Republican Senate candidate in Massachusetts against the incumbent Senator, Democrat Elizabeth Warren.
“I’m excited for the opportunity to fight for change, and for the people of Massachusetts in the United States Senate,” he said.
Deaton represents over 75,000 XRP holders as amicus counsel in the ongoing court battle between Ripple Labs and the Securities and Exchange Commission.
The price of XRP fell 3.3 percent to 54 cents over the past 24 hours. Trading conditions for XRP are going to be mixed over the next couple of days. Further downside is forecasted by ATTMO for the next 24 hours and 3 days, with some returning over a one-week horizon.
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ETH Upside Potential in the Next 3D & 1W, $3K & Up? Galaxy Digital acquired 26,000 Ethers on Tuesday, worth around $76 million at today’s price, on-chain data from Lookonchain shows. This pushed the price of Ether above the $3,000 threshold for the first time since April 2022, before falling back.
“$3,000 for Ethereum. To be honest, it’s still undervalued to #Bitcoin. Given the valuation of Bitcoin at $52,000, it would be normal to have a valuation of $3,800 per $ETH. The upside is gigantic,” said the CEO of MN Trading Michaël van de Poppe.
“The Ethereum rally is supported by the March Dencun upgrade but, more importantly, by the expectation that a) the Bitcoin halving is bullish for crypto and b) that Ethereum ETFs will be approved by the SEC” in May, the Head of Research at 10x Research, Markus Thielen, said in a research note.
Ether rose 0.5 percent to $2,943 over the past 24 hours. A bullish sun shines over both Bitcoin and Ether over the course of the next 3 days and week, indicating upside potential. Binance Coin and Dogecoin should also profit from this bullish trend, ATTMO shows.
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CYCLONE GAINING MOMENTUMCyclone Protocol had learned some valuable lessons about tokenomics but overall this project has high potential. Privacy features when applied to the appropriate business environment and use case are in demand. Many investors steer away from them but look at Horizen, still growing in TVL and applying swift changes to maintain compliance.
Cyclone has a very low supply and this will also attract smart money, question is can it get the hype it needs to revisit its all time highs?
I believe so, and at the current price the risk is not high enough to deter me from buying into its potential. As we come down to test the 20 MA on the RSI, if the volume signals strength there will be opportunity for big gains.
$17.50 - 19.50 CYC buy zone
Target 618 Fib with high volatility on upswings
Low market cap and low supply provides excellent trading with high gains while supporting the resurrection of a great project that always delivers value to their community.
ETHUSDMost likely, such a strong growth occurred against the backdrop of news about ETFs on Ethereum.
The deadline for approval of Ethereum ETF applications is May 24.
For further growth, you need to break through the resistance at $2,732 and consolidate above this level. Targets in case of further growth are marked with blue lines. As in the case of Bitcoin, we do not buy Ethereum yet, because it is dangerous. Also keep in mind that there is quite a lot of liquidity in the $1870 zone.
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
BTC $57K Next? ATTMO Forecasts ☀️ Conditions for the Next Week Cryptocurrencies rose across the board over the past week and continued their upward trajectory over the weekend. Bitcoin rose 9 percent over the past seven days, with its up-coming halving at the end of April supporting demand.
“Bitcoin appears to target $57,000 as its next resistance, and considering Bitcoin’s performance in the previous pre-halvings, the odds for another leg being higher are increasing,” said the Head of Research at 10x Research, Markus Thielen in his daily newsletter. “This time will be no different as the perception within the crypto community is high that the halving is bullish. This perception is undoubtedly flowing into the TradFi community, which is aggressively buying these Bitcoin ETFs ahead of the halving.”
The price of Bitcoin strengthened 1.5 percent to roughly 52,500 US dollars over the past 24 hours. Read more about Bitcoin’s upcoming halving here.
The steady inflow of funds into the spot Bitcoin exchange traded funds (ETFs) launched in the US a month ago also supports the price of Bitcoin.
ATTMO’s sunny predictions for the next 24 hours and week confirm that bullish trading conditions lie ahead for the global crypto market.
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LINKUSDLink holds up well. After falling to support, we bounced back quite quickly. We wouldn't buy LINK at this point.
If you are in a position, keep a close eye on the resistance at $19.84. If Link can break through it and gain a foothold above, then we can consider taking subsequent targets marked with blue lines.
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
TOTALTOTAL - is the total market capitalization of all cryptocurrencies.
We have come to a big resistance at 1.732. If we manage to break through and gain a foothold higher, then we will consider the targets indicated by blue lines.
The crypto market as a whole may still show growth. But you need to be extremely careful, since the cryptocurrency has already grown well.
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
BTC Continues to Rise! ☀️ $55K Target Next Week? The price of Bitcoin stabilized at two-year highs, supported by stock market indices in both the US and Japan at or near all-time highs.
Inflows into the spot Bitcoin exchange traded funds (ETFs) in the US remained heavy at nearly 478 million US dollars on Thursday. This is the fifth highest inflow since their launch on Jan 11, data from BitMEXResearch shows.
Another factor behind the 110 percent rise of Bitcoin over the past 12 months is its upcoming halving, set to occur as of April 17.
The bullish sun continues to shine over the global crypto market in the next 24 hours and week, signaling additional upside for Bitcoin, Ether and many other altcoins covered by ATTMO. However, bearish clouds will linger over Cardano, Avalanche and Polkadot in the near and medium term.
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BTCUSDT Bitcoin HalvingBTCUSDT: Bitcoin Halving
We are considering two options:
Growth option - we expect that the price will hang out sideways for some time. For further growth, you need to gain a foothold above the channel. If you trade and take risks, we offer you blue lines as targets for growth.
We are not buying Bitcoin yet.
Downside Option - The situation is very tense right now considering that since the beginning of 2023 the Bitcoinl has grown by 200% without any good downturns. Even despite the news about halving, it is now dangerous to buy Bitcoin, because whales often sell Bitcoin on such news. Also keep in mind the large liquidity around $33,900.
At the moment, there is no point in guessing where the cue ball will go. It's literally a 50/50 lottery. As we have already mentioned, we are not buying cue ball yet, because it is better to make less profit than to sit in the red. At this point, we have placed buy orders just above the $34,000 zone.
SOLUSDTLet's take a closer look at Solana. We will consider targets indicated by blue lines if the price can break through the green line and consolidate above it.
Target 1 – 101.21
Target 2 - 106.59
Target 3 – 112.40
Target 4 - 119.79
You can also pay attention to the red dotted line. This is also resistance, at which there has already been a false breakout. When planning to buy a Solana, be extremely careful.
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
Bullish Week Ahead for BTC? 🌞 Time to Long?Cryptocurrencies rose sharply on Friday and over the weekend, with the price of Bitcoin surging close to its cycle high reached mid-January. This in turn triggered a massive wave of liquidations, wiping out millions of dollars.
The price of Bitcoin was up 0.3 percent at 48,300 dollars over the past 24 hours, compared to 46,300 dollars on Friday.
A bullish sun shines over Bitcoin, Ether and Binance Coin in the next 24 hours and over a one-week horizon, signaling upward potential. As for Ripple’s XRP, Avalanche and Polkadot, they will face bearish clouds, rain or even a storm, indicating downside risk over the short and medium term.
The outlook is mixed for Cardano, Dogecoin, Uniswap and Polygon which face clouds in the coming 24 hours, but sun and upside potential over a one-week horizon.
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BTCUSD (D) Which option do you prefer?BINANCE:BTCUSD BTCUSD (D) Which option do you prefer?
Presently, Bitcoin (BTC) exhibits two potential price trajectories:
A continued descent towards the support zone around 38.xxx.
The formation of an inverted head and shoulders pattern in the price.
Which option do you prefer?
BTC 24H & 7D Forecast - Very Bullish 🌞 Is It Too Late to Buy? Cryptocurrencies had wind in their sails over the past 24 hours with investors continuing to pour money into crypto assets. The price of Bitcoin rose to a one-month high, trading 4 percent higher at roughly 46,350 US dollars over the past 24 hours.
This upward trend is due to a combination of factors: inflows into the nine spot Bitcoin exchange traded funds (ETFs) approved a month ago were, for instance, the third highest since their launch on Jan 11 – 403 million dollars. Turmoil in the US regional bank sector drives investors from traditional banking to crypto, viewed as a safe haven. The start of the Chinese New Year tomorrow Saturday is also believed to be a supporting factor.
Additional upside potential ahead for Bitcoin, Ether and Binance Coin in the next 24 hours and over a one-week horizon, according to ATTMO’s forecasts. This bullish sun will also shine over Ripple’s XRP, Polygon and Chainlink.
However, Cardano, Polkadot and Avalanche will face bearish clouds and downside risks in the coming 24 hours. Over a one-week horizon, Litecoin and Dogecoin will also be subject to bearish trading conditions.
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XRP Bearish ☁️ Over the Next WeekEarlier this week, a New York court ruled that Ripple Labs must make its financial statements for 2022-2023, as well as other documents requested by the Securities and Exchange Commission (SEC) public by Feb 12. Ripple has now asked the judge to extend this deadline by eight days to Feb 20, court documents show. The SEC has accepted this request.
The price of XRP increased 2.2 percent to 51 cents over the past 24 hours.
ATTMO shows that Ripple’s XRP, Avalanche and Polkadot will face bearish clouds and downside risk in the short-term and medium-term horizon. However, a bullish sun will shine over Bitcoin, Ether, Binance Coin and Cardano in the next 24 hours and week, signaling upside potential.
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ETH Bullish Forecast 🌞 - Upside Potential Over the Next WeekThe Securities and Exchange Commission (SEC) has, as expected, delayed its decision of Invesco’s and Galaxy’s applications for spot Ether exchange traded funds (ETFs).
“The only date that matters for spot #ethereum ETFs at this time is May 23rd. Which is @vaneck_us's final deadline date,” noted Bloomberg’s ETF analyst James Seyffart.
The price of Ether rose 2 percent to 2,368 dollars over the past 24 hours.
Trading conditions will be mixed on the global crypto market in the next 24 hours, with Bitcoin, Ripple’s XRP, Cardano and Avalanche facing bearish clouds and downside risks according to ATTMO. As for Ether, Litecoin, Binance Coin and Dogecoin, they should all profit from a bullish sun and upside potential.
Over a one-week horizon, this bullish sun will shine over Bitcoin, Ethereum and Chainlink, while the other altcoins covered by ATTMO are set to face bearish clouds.
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BTC Bearish 24 Hours ☁️; Yet, Next Week Bullish 🌞?Crypto coins rose over the past 24 hours with investor sentiment boosted by strong earnings from tech giants. Concerns about the financial health of some US regional banks also led some investors to switch away from traditional finance into crypto assets.
The price of Bitcoin rose 0.5 percent to roughly 43,000 US dollars over the past 24 hours. Its price has oscillated around this level over the past month. The founder of MN Trading, Michaël van de Poppe, foresees a correction to 42,000 dollars, before a push to 48,000-50,000 dollars prior to its halving.
“The Bitcoin halving is set to occur on 17 April 2024. The 365 days after the Halving offer the best risk-reward opportunity to long Bitcoin historically. This is the exact window where the rate of change of the supply growth rate gets compressed and declines by more than -4% a month,” the founder of Capriole Fund, Charles Edwards said.
Trading conditions will be mixed on the global crypto market in the next 24 hours, with Bitcoin, Ripple’s XRP, Cardano and Avalanche facing bearish clouds and downside risks according to ATTMO. As for Ether, Litecoin, Binance Coin and Dogecoin, they should all profit from a bullish sun and upside potential.
Over a one-week horizon, this bullish sun will shine over Bitcoin, Polygon and Chainlink, while the other altcoins covered by ATTMO are set to face bearish clouds.
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ADA Bearish ☁️ - Downside Trend On the 3-Day & 1-Week HorizonsThe prices of cryptocurrencies were little changed over the past 24 hours as investors digested the past days’ signals that the expected US rate cuts will be delayed until May or later.
Trading conditions will be mixed on the global crypto market in the next 24 hours, with Bitcoin, Litecoin, Cardano and Polkadot facing bearish clouds, according to ATTMO. As for Ether, Binance Coin and Ripple’s XRP, they should all profit from a bullish sun.
Over a one-week horizon, this bullish sun will shine over Bitcoin, Polygon and Chainlink, while the other altcoins covered by ATTMO are set to face clouds and downside risks.
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ETH Short-Term Bullishness ☀️; Bearish Trend in 3 Days ☁️Mixed trading conditions lie ahead in the next 24 hours, with Ethereum and Binance Coin profiting from a bullish sun, indicating upside potential. The price of Ether already added 1 percent to 2,330 dollars. Yet, bearish clouds are lingering over Bitcoin, Litecoin, XRP and Avalanche in the next 24 hours.
Over a one-week horizon, the trading conditions will improve for Bitcoin, which should profit from this bullish sun. However, most of the other altcoins covered by ATTMO will face bearish clouds and downside pressure over this longer time horizon.
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BTC 24H Forecast Bearish ☁️; More ☀️ Next WeekThe price of Bitcoin rose 0.9 percent over the past 24 hours to roughly 43,160 dollars. The world’s largest cryptocurrency has been trading around 43,000 dollars over the past week and is down more than 12 percent from its cycle high reached when the Securities and Exchange Commission (SEC) approved 10 spot Bitcoin ETFs on Jan 10.
Mixed trading conditions lie ahead in the next 24 hours, with bearish clouds lingering over Bitcoin, Litecoin, Ripple’s XRP and Avalanche in the next 24 hours. Ether and Binance Coin will, however, profit from a bullish sun, indicating upside potential.
Over a one-week horizon, the trading conditions will improve for Bitcoin, which should profit from this bullish sun. However, most of the other altcoins covered by ATTMO will face bearish clouds and downside pressure over this longer time horizon.
ETH Sees Bullish ☀️ In the Next 24 Hrs; Bearish ☁️ In 1 Week Ethereum, Ripple’s XRP and Cardano will profit from a bullish sun in the next 24 hours, according to ATTMO.
The Hong Kong-based asset manager Venture Smart Financial Holdings (VSFG) plans to apply for a spot Ether ETF in Hong Kong during the second quarter, conditional on the approval of its spot Bitcoin ETF during the first, the Block reports.
The price of Ether rose 1.5 percent to 2,306 dollars over the past 24 hours.
Meanhile, Bitcoin, Binance Coin and Avalanche are set to face bearish clouds over the same time horizon.
Over a one-week horizon, this bullish sun will shine over Bitcoin, Dogecoin and Polygon, signaling upside potential. Bearish clouds will, however, sweep over Ether, Litecoin, XRP, Cardano and Binance Coin, indicating downside pressure ahead.
ETH Bullish Day and Week Ahead ☀️Cryptocurrencies rallied over the past 24 hours as investors poured in fresh cash, bolstered by the benchmark S&P 500 index hitting a new all-time high on Monday. They are also waiting for new signals from the Federal Reserve meeting up on Wednesday, regarding the up-coming rate cuts in the US.
The price of Ether was up 2.5 percent over the past 24 hours, and it has even more upside potential over the next week. According to ATTMO, a bullish sun will shine over Ethereum, Bitcoin, Binance Coin and Ripple’s XRP in the next 24 hours, while bearish clouds will linger over Avalanche, Dogecoin and Polkadot.
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BTC Bullish Day and Week Ahead? ☀️Cryptocurrencies rallied over the past 24 hours as investors poured in fresh cash, bolstered by the benchmark S&P 500 index hitting a new all-time high on Monday. They are also waiting for new signals from the Federal Reserve meeting up on Wednesday, regarding the up-coming rate cuts in the US.
The price of Bitcoin recovered 3.2 percent over the past 24 hours to roughly 43,400 US dollars, a level last seen just after the approval of 10 spot Bitcoin exchange traded funds (ETFs) mid-January. This sharp increase triggered liquidations of Bitcoin short positions totaling around 40 million dollars over the past 24 hours.
According to ATTMO, a bullish sun will shine over Bitcoin, Ethereum, Binance Coin and Ripple’s XRP in the next 24 hours, while bearish clouds will linger over Avalanche, Dogecoin and Polkadot.
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