Bitcoin Moving To The $40k Range? Hello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
Bitcoin has been dropping for the last 3 days and today the market is looking like it might expand the decline even more.
The main reason for this decline is investors and trader sentiment, notice how everyone is worrying currently waiting for any hints from the Federal reserve regarding interest rate cuts.
Which would explain why we have been seeing a strong bullish movement on Gold breaking the $2000 levels.
For a while now we have been seeing Bitcoin eyeing the $40k level, What would make it soar and break that level and possibly way higher is the Spot ETF Approval .
Cryptocurrency traders and investors are keeping a close eye on the Securities and Exchange Commission (SEC) as it considers establishing a spot Bitcoin Exchange-Traded Fund (ETF). The market is vibrating with excitement as Bitcoin continues to rise below $40,000 per coin. The conclusion of the ETF's evaluation, as well as the imminent Halving event in Q2 2024, have fueled speculation that the value of BTC might potentially quadruple. YES YOU HEARD ME RIGHT!! QUADRUPLE!
The favorable atmosphere around the potential approval of a spot Bitcoin ETF is adding to the bullish outlook for BTC. An ETF would provide a regulated investment vehicle for Bitcoin exposure, possibly opening up the market to a larger base of investors who have been waiting for more traditional ways to obtain exposure to the cryptocurrency.
The sentiment surrounding the possible approval of a spot Bitcoin ETF is adding to the positive outlook for BTC's price. An ETF would provide a regulated investment vehicle for exposure to Bitcoin, potentially opening the market to a broader base of investors who have been waiting for more traditional avenues to gain exposure to the cryptocurrency.
Also notice how we have witnessed a golden cross on the BTC Chart.
You need to keep your eyes on these levels :
1) Support at 32944.72
2) Support at 25146.53
3) Resistance at 40037.76
4) Resistance at 42609.51
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
Cryptonews
Bearish ☁️ Hover Over XRP 1D/1W Horizon; Downtrend? Mixed trading conditions hover over the global crypto market 🌐 in the next 24 hours, with a bullish sun ☀️ shining over Bitcoin and Dogecoin. However, bearish clouds ☁️ will exert pressure on the rest, including Ether, Ripple’s XRP, and Binance Coin.
Over a one-week horizon, the sun is forecasted to break through 🌥️, casting rays of positivity on Ether, Litecoin, and Binance Coin. Bitcoins are expected to bask in this upside trend ☀️, according to ATTMO. Nevertheless, bearish clouds are predicted to persist over XRP, Avalanche, and Polkadot. ☁️
Follow us for more crypto weather reports!
DOGE Looks ☀️; Upside Potential in the Next 24 Hours? Mixed trading conditions hover over the global crypto market 🌐 in the next 24 hours, with a bullish sun ☀️ shining over Bitcoin and Dogecoin. However, bearish clouds ☁️ will exert pressure on the rest, including Ether, Ripple’s XRP, and Binance Coin.
Over a one-week horizon, the sun is forecasted to break through 🌥️, casting rays of positivity on Ether, Litecoin, and Binance Coin. Bitcoins are expected to bask in this upside trend ☀️, according to ATTMO. Nevertheless, bearish clouds are predicted to persist over XRP, Avalanche, and Polkadot. ☁️
Follow us for more crypto weather reports!
BTC Sees Sun in the Next 24 Hours ☀️; Rebound Ahead! Mixed trading conditions hover over the global crypto market 🌐 in the next 24 hours, with a bullish sun ☀️ shining over Bitcoin and Dogecoin. However, bearish clouds ☁️ will exert pressure on the rest, including Ether, Ripple’s XRP, and Binance Coin.
Over a one-week horizon, the sun is forecasted to break through 🌥️, casting rays of positivity on Ether, Litecoin, and Binance Coin. Bitcoins are expected to bask in this upside trend ☀️, according to ATTMO. Nevertheless, bearish clouds are predicted to persist over XRP, Avalanche, and Polkadot. ☁️
Follow us for more crypto weather reports!
Banco Santander Offers Bitcoin & Ethereum Trading In SwitzerlandSantander bank will let wealthy domestic account holders of Switzerland trade Bitcoin, Ethereum through digital wallets.
Financial service giant and retail bank Banco Santander announced that they will offer Bitcoin and Ethereum trading options to Switzerland account holders. The trading option is for high-wealth Swiss accounts and within a given criteria.
The services will be given to clients whosoever opt it through Relationship Manager. Adding more to it, the assets will be locked in a regulated custody model. The model will hold the private cryptographic keys of customers which will add another layer of security to it.
Technical Analysist
Price Momentum
SAN is trading in the middle of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors are still evaluating the share price, but the stock still appears to have some upward momentum. This is a positive sign for the stock's future value.
Crypto Forecast: ADA ☀️ 24 Hours; Correction in 1 WeekClouds lie ahead for the global crypto market, including Bitcoin and Ether in the next 24 hours, translating to a slightly bearish trend. ☁️ Altcoins Cardano, Dogecoin, Polygon, and Chainlink, however, enjoy bullish sunshine.
Over a one-week horizon, the ☀️ bullish sun will return for both Bitcoin and Ether. Yet, cloudier bearish trading conditions will prevail over Ripple’s XRP, Cardano, Binance Coin, and Polkadot. ☁️
Follow us for more crypto weather reports!
XRP Under the Weather: ☁️ Looming for the Next 24 Hrs, 🐻 TrendMixed trading conditions ahead on the global crypto market, with bullish sun shining on Bitcoin, Cardano, Avalanche, and Polkadot in the next 24 hours. 🌤️ Cloudier bearish trading conditions will prevail over Ether, Ripple’s XRP, Binance Coin, and Dogecoin, according to ATTMO. ☁️
Over a one-week horizon, the ☀️ sun will shine over cryptocurrencies such as Bitcoin, Ether, and Binance Coin. However, bearish clouds will linger over Litecoin, XRP, and Cardano.
Follow us for more crypto weather reports!
BTC, ETH Set for Bullish Skies, 🌞 Day Ahead; What About Alts? Mixed trading conditions ahead for the global crypto market in the next 24 hours. A sunny bullish sky lies ahead for Bitcoin and Ripple’s XRP 🌞 📈, according to ATTMO, while other altcoins will face cloudier, bearish trading conditions. ☁️ 📉
Over a one-week horizon, the sun should shine over most of the crypto universe with Bitcoin, Ether, Litecoin, Cardano, and Binance Coin likely to profit from bullish trading conditions. XRP and Avalanche won’t profit from this positive trend and are set to face a bearish trend.☁️📉
Follow us for more crypto weather reports!
ETH : 🌞 Skies & Upside Potential in 24H, Correction in 1 Week? Mixed trading conditions ahead for the global crypto market in the next 24 hours. Bitcoin and Polygon face cloudy skies ☁️, translating into a slightly bearish market with downside risk. The sun 🌞, however, shines over the rest of the cryptosphere like Ether, Avalanche, and Ripple, hinting at upside potential, according to ATTMO.
Over a one-week horizon, Bitcoin and Avalanche are likely to also benefit from a bullish sunny sky. Ether will see tropical trading conditions with rain indicating that an imminent market correction is likely. ☔
Follow us for more crypto weather reports!
ETH ☀️ 24-Hour & 1-Week Outlook - We're Going Up? Mixed trading conditions on the global crypto market in the next 24 hours. 🌦️ Cloudy bearish trading conditions ☁️ lie ahead for Bitcoin, Ripple’s XRP, Cardano, and Binance Coin, while ☀️ sunny bullish conditions lie ahead for Ether, Litecoin, and Dogecoin.
Over a one-week horizon, the ☀️ sun will shine over the entire crypto sphere, indicating strong upside potential. Only Polkadot is set to face a ☁️ cloudy bearish trend, as ATTMO shows.
Follow us for more crypto weather reports!
☁️ ADA 24-Hr Outlook: Bearish Trend Ahead, Downside Risk? Mixed trading conditions on the global crypto market in the next 24 hours. 🌦️ Cloudy bearish trading conditions ☁️ lie ahead for Bitcoin, Ripple’s XRP, Cardano, and Binance Coin, while ☀️ sunny bullish conditions lie ahead for Ether, Litecoin, and Dogecoin.
Over a one-week horizon, the ☀️ sun will shine over the entire crypto sphere, indicating strong upside potential. Only Polkadot is set to face a ☁️ cloudy bearish trend, as ATTMO shows.
Follow us for more crypto weather reports!
XRP ☀️ 24-Hour & 1-Week Horizon; Bullish Trend Is On! Mixed trading conditions on the global crypto market in the next 24 hours, with Bitcoin, Avalanche, and Polkadot facing a ☁️ cloudy bearish trend while Ether, Litecoin, Ripple’s XRP, and Cardano bask in the ☀️ bullish sun with upside potential.
Over a one-week horizon, the ☀️ sun is forecasted to shine over most of the crypto universe, XRP included, indicating that a bullish trend is likely, according to ATTMO. However, Polkadot bucks this positive trend with a ☁️ cloudy forecast.
Follow us for more crypto weather insights!
AVAX Under ☁️ Skies: Is it Time to Sell? Bullish sun ☀️ shines over most of the global crypto market, indicating a continued upward trend in the coming 24 hours. Cloudier ☁️ bearish trading conditions linger over Ripple’s XRP, Avalanche, and Binance Coin, signaling a downward trend, ATTMO shows.
Over a one-week horizon, the bullish sun ☀️ will continue to dominate the crypto universe, though Litecoin and XRP may face cloudier 🌥️ conditions and a downward trend.
Follow us for more crypto weather reports!
24-Hour Crypto Forecast: Buy Bitcoin 🌞, Sell XRP ☁️, or HODL? Slightly bullish sun 🌤️ lies ahead for Bitcoin, Ether, Polkadot, and Chainlink in the next 24 hours, indicating an upside potential. Altcoins like Ripple’s XRP, Binance Coin, and Cardano face slightly bearish clouds ☁️, signaling a downward trend.
Over a one-week horizon, there will be a 🏝️ tropical sun shining over Bitcoin and XRP, implying an imminent market correction is likely, according to ATTMO. The upward trend is set to continue for other altcoins, as a bullish ☀️ sun will shine over Ethereum and Cardano. Litecoin, Polygon, Uniswap, and Chainlink, however, face 🌥️ bearish clouds. 📉
Follow us for more crypto weather reports!
BTC & ADA Face a Threatening Cloudy Forecast ☁️ Time to Sell? 🌦️ The global crypto market still has upside potential according to ATTMO, which forecasts slightly bullish trading conditions in the next 24 hours. Binance Coin bucks this positive trend, facing cloudier ☁️ bearish trading conditions.
Over a one-week horizon, Bitcoin and Cardano, are set to face an imminent market correction. A bullish ☀️ sun will, however, continue to shine over Ethereum, Ripple’s XRP and Avalanche over this longer time horizon. Litecoin, Polygon and Uniswap are set to head lower, as they face slightly bearish ☁️ clouds.
Follow us for more crypto weather reports!
XRP ☀️ Outlook; Bullish Trend On? Mixed trading conditions ahead on the global crypto market in the next 24 hours, with Bitcoin and Binance Coin facing slightly bearish clouds. ☁️ This implies a downside risk. The rest of the cryptosphere will see cloudy spells, indicating further upside potential. Ripple, which faces strong sunshine ☀️ , has the most upside potential, according to ATTMO.
Over a one-week horizon, Bitcoin faces tropical 🌦️ trading conditions, which signal that the drawn-out bull market is nearing its end, with an imminent market correction ahead. A bullish sun ☀️ will continue to shine over Ethereum, Ripple, and Cardano, indicating additional upside potential. Smaller coins such as Polygon and Uniswap face bearish clouds, signaling a downward risk ahead. ☁️
Follow us for more crypto weather reports!
BTC ☁️ - Downside Risk In the Next 24 Hrs; Bears Are Back? Mixed trading conditions ahead on the global crypto market in the next 24 hours, with Bitcoin and Binance Coin facing slightly bearish clouds. ☁️ This implies a downside risk. The rest of the cryptosphere will see cloudy spells, indicating further upside potential. Ripple, which faces strong sunshine ☀️ , has the most upside potential, according to ATTMO.
Over a one-week horizon, Bitcoin faces tropical 🌦️ trading conditions, which signal that the drawn-out bull market is nearing its end, with an imminent market correction ahead. A bullish sun ☀️ will continue to shine over Ethereum, Ripple, and Cardano, indicating additional upside potential. Smaller coins such as Polygon and Uniswap face bearish clouds, signaling a downward risk ahead. ☁️
Follow us for more crypto weather reports!
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) rebounded from Friday’s drop, making a run back towards the 1,800 level to start the weekend.
ETH/USD peaked at 1,796.57 on Saturday, after the price fell to a low of 1,751.44 less than 24 hours ago.
This climb means the world’s second-largest cryptocurrency has traded higher for nine of the last ten sessions.
this latest rally comes as the 10-day (red) moving average continues its uptrend versus its 25-day (blue) counterpart.
the RSI found a floor at 68.00, using it as a springboard to a current reading of 69.94.
Bulls will likely make further runs towards 1,800, despite overall price strength being overbought.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.