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Cryptonews

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. Follow us for more crypto weather reports!
BITSTAMP:BTCUSDLong
by ATTMO
BTC Bullish 24 Hours ☀️; 1-Week Horizon Bearish? ☁️The cryptocurrency trend was slightly positive over the past 24 hours, as some investors took new positions following the past two weeks of sell off. Mixed trading conditions lie ahead for the global crypto market in the next 24 hours, with a bullish sun shining over Bitcoin, Polygon and Chainlink, while the other crypto coins followed by ATTMO will face bearish clouds. The price of Bitcoin has declined more than 18 percent since the approval of the ten spot exchange traded funds (ETFs) on Jan 10. It is up 0.6 percent over the past 24 hours at 40,125 dollars. Further volatility is possible today as more than 3.7 billion dollars in Bitcoin options expire later today. Over a one-week horizon, these bearish trading conditions will prevail over most of the crypto universe indicating downside pressure ahead. Litecoin and Dogecoin buck this negative trend with a bullish sun set to shine over them. Follow us for more crypto weather reports!
BITSTAMP:BTCUSD
by ATTMO
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BTC - 24H ☀️ Upside - Bullish Trend; Bearish Next Week ☁️ Following nearly two weeks of corrections, cryptocurrencies rebounded over the past 24 hours with Solana up 3.3 percent at 87.17 dollars and Polkadot up 2 percent at 6.45 dollars. Upside potential ahead as a bullish sun shines over a large part of the global crypto market in the next 24 hours, including Bitcoin and Ether. The price of Bitcoin added 0.4 percent to 39,919 dollars over the past 24 hours. Binance Coin and Dogecoin will face bearish clouds, signaling downside risks. Over a one-week horizon, rain and clouds will sweep over the crypto universe, translating into bearish trading trends, ATTMO shows, with only Dogecoin bucking this negative trend.
by ATTMO
1
XRP 24H Upside Potential☀️; Bearish Trading Trend in 1 Week? ☁️Bearish clouds and rain linger over the global crypto market in the next 24 hours, indicating downside risks. Particularly Ethereum will come under pressure, ATTMO shows. Ripple’s XRP, Cardano and Dogecoin, however, have upside potential over this time horizon. Over a one-week horizon, the bearish trading trend will extend to all crypto coins covered by ATTMO, with the exception of Dogecoin which is likely to have additional upside potential. Follow us for more crypto weather reports!
by ATTMO
ETH - Bearish ☁️; Price Under Pressure? Time to Short? Bearish clouds and rain linger over the global crypto market in the next 24 hours, indicating downside risks. Particularly Ethereum will come under pressure, ATTMO shows. The price of Ether fell 5 percent to roughly 2,230 dollars. Ripple’s XRP, Cardano and Dogecoin, however, have upside potential over this time horizon. Over a one-week horizon, the bearish trading trend will extend to all crypto coins covered by ATTMO, with the exception of Dogecoin which is likely to have additional upside potential. Follow us for more crypto weather reports!
BITSTAMP:ETHUSDShort
by ATTMO
BTC - Bearish Week Ahead? ☁️ ☁️ ☁️ Cryptocurrencies extended their losses over the past 24 hours, with the price of Bitcoin falling below 40,000 US dollars. This level has not been hit since early December. The price of Bitcoin recouped some of the overnight losses and was down 2.4 percent at 40,070 US dollars at 7:30 CET. ATTMO shows bearish cloudy and rainy trading conditions linger over the global crypto market in the next 24 hours and week, with both Bitcoin and Ether likely to face further downside pressure. Binance Coin, Dogecoin and Chainlink should escape and see some bullish sun shining over them over the next 24 hours. Over a one-week horizon, Litecoin, Dogecoin and Chainlink should all have upside potential. Follow us for more crypto weather reports!
BITSTAMP:BTCUSD
by ATTMO
ADA Faces ☁️ - Time to Short? Most altcoins face bearish trading conditions in the next 24 hours, ADA included. Over a one-week horizon, these bearish and cloudy trading conditions will spill over to Bitcoin which is likely to face downside risk, just as Ether, Ripple’s XRP and Cardano. “The Cardano network has no meaningful use or any credible track to get it,“ according to K33 Research, singling out the fact that there are no stablecoins issued using the Cardano blockchain. “No USDT or USDC in a network generally means that no meaningful decentralized finance (DeFi) occurs, and that Tether and Circle attest to this because if something went on, they would issue stablecoins there,” the crypto research consultancy said. “All price signals also point to Ada gradually disappearing from the crypto map. Ada has not rallied in line with other ‘stronger’ smart contract tokens when markets have improved, which is a strong indicator of a dying coin,” K33 Research warns. Follow us for more crypto weather reports!
BINANCE:ADAUSD
by ATTMO
Update FILUSDTI would like to inform you of an important update regarding our recent transactions on the FIL/USDT pair. Unfortunately, we have incurred losses in our recent operations, impacting our overall performance. It is crucial to understand that trading involves ups and downs, and sometimes, even with thorough analysis, the market can move unpredictably. The very nature of trading implies risks, and it is essential to remain realistic and disciplined. Accepting losses is an integral part of the trading process. It's a lesson we all learn at some point. Financial markets are dynamic and can be influenced by various factors, including unforeseen events. Our commitment to transparency remains intact, and I want to emphasize that every transaction, whether winning or losing, is an opportunity for learning. We will analyze the reasons behind these losses in-depth and adjust our approach accordingly. Trading is a continuous journey of improvement, and we are determined to draw lessons from each experience. Remember that risk management is crucial in trading. It is recommended to diversify investments and never risk more than you can afford to lose. Patience and discipline are critical qualities for long-term success in financial markets. Thank you for your understanding and continued support. We remain committed to achieving our long-term financial goals while learning and adapting to evolving market conditions. Best regards,
Long
by CRYPTO_SETUP
ETH Faces Downside Risks; 24H, 3D & 7D Horizons Look ☁️ The latest upgrade of the Ethereum blockchain, Dencun, went live on Wednesday. It did, however, face some technical glitches which were eventually fixed. The price of Ether dropped 0.3 percent over the past 24 hours to 2,450 dollars. Mixed trading conditions lie ahead for the global crypto market in the next 24 hours. Bearish clouds linger over altcoins such as Ether, Cardano and Avalanche, as forecasted by ATTMO. Over a one-week horizon, these cloudy skies will also prevail over Bitcoin and XRP, signaling downside risks. This bearish trading trend will extend over Ether, Litecoin, Cardano and Avalanche. Follow us for more crypto weather reports!
BITSTAMP:ETHUSDShort
by ATTMO
BTC 24H Upside Potential ☀️; 🌧️ & Downside Risk in 3 DaysLittle has changed over the past 24 hours in the cryptocurrency market after the long-awaited approval of 11 spot Bitcoin exchange traded funds (ETFs) in the US last Wednesday. The price of Bitcoin was unchanged over the past 24 hours at roughly 42,900 dollars. Mixed trading conditions lie ahead for the global crypto market in the next 24 hours, with a bullish sun shining over Bitcoin, Ripple’s XRP and Binance Coin. Bearish clouds linger over altcoins such as Ether, Cardano and Avalanche. Over a one-week horizon, these cloudy skies will also prevail over Bitcoin and XRP, signaling downside risks. This bearish trading trend will extend over Ether, Litecoin, Cardano and Avalanche. The next catalyst expected to push Bitcoin higher is its upcoming halving in the second half of April.
BITSTAMP:BTCUSD
by ATTMO