Category

Bitcoin Price Briefly Pulls Back, But $100,000 Target Still Within Reach?Bitcoin's price has recently experienced a minor pullback, failing to break through the $100,000 mark. A previous surge, fueled in part by Donald Trump's presidential election victory, has stalled

Trump's Election Victory Sends Bitcoin Soaring Past $80,000, with Predictions Reaching $200,000On the evening of November 10th (Beijing time), following the announcement of Trump's election victory, Bitcoin experienced a sharp surge, breaking through the $80,000 mark and reaching a new all-time high. Many analysts interpreted this event as part of a "Trump trade," closely linked to Trump's previously expressed positive attitude towards cryptocurrencies

With the US Election Approaching, Financial Markets Bet on Trump's Victory, US Stocks Suffer Major Sell-Off, Bitcoin Surges then Retracts, What's Next?On Friday, Bitcoin's price dipped to $71,440 after US stock markets opened, subsequently rebounding and hovering around $72,300. Bulls are trying to gather strength and launch another attack, aiming to break through the previous high

The "Script" for a Trump Victory: Gold Soars, Bitcoin Surges, But the Stock Market Plays with Hearts?Recently, the capital market has begun to bet on Trump's victory in the U.S

With US Presidential Election Approaching, Bitcoin Options Market Shows Strong Bullish Sentiment, Targeting $80,000?As the US presidential election draws near, the Bitcoin options market is exhibiting a strong bullish sentiment. According to data from Deribit, the largest crypto options exchange, the ratio of Bitcoin put options to call options has been trending downwards, indicating that more traders are purchasing call options than put options

Fed May Delay Rate Cut, Bitcoin Drops with Stocks, Futures Premium Falls Below 5%, but Options Data Provides Glimmers of HopeFollowing the release of US September inflation data, Bitcoin prices fell in tandem with US equities, as market concerns heightened about the Federal Reserve potentially delaying further rate cuts. The consumer price index (CPI) rose 2

Bitcoin Pullback Nears $60,000, Ethereum Retests Uptrend Line; Proceed With CautionBitcoin pulled back to near $60,000 overnight, a drop of roughly 3%, which while expected, broke through the key support level of $61,000, raising market concerns. The volume on the breakout of $61,000 was significant, indicating a potential stronger pullback than anticipated

Bitcoin hovers within a descending broadening wedge pattern: Bearish sentiment persists, but oversold signals suggest a short-term bounceCurrently, Bitcoin is trapped within a large descending broadening wedge pattern, which typically signals bearish momentum. However, recent oversold signals indicate a possible shift in the near term

Bitcoin Hits New High, $100,000 Target Within Reach? Market BuzzesBitcoin has once again become the focal point of the global financial markets. Data from Huobi Pro, a leading international Bitcoin exchange, shows that the cryptocurrency has breached a significant resistance level, hitting a new all-time high, generating widespread attention and discussion

Literal Translation (with some clarification for context): Bearish sentiment doesn't mean you should short. Retracements are often just setups for further gains

Is the US Investor "Withdrawal" a Good Sign After the Fed's Rate Hike Sends Bitcoin Soaring Past $64,000?While the Coinbase Bitcoin Premium Index recently turned negative, indicating a decline in US investor interest in Bitcoin, the cryptocurrency's price has continued to surge following the Fed's rate cut, even briefly surpassing $64,000, marking a new high for the month. This suggests that despite the muted performance of the US market, interest in cryptocurrencies remains strong globally, particularly fueled by powerful buying pressure from Binance

Bitcoin Reclaims $60,000, Ending with Volatility? Don't Be Fooled by Appearances, Bulls Are Quietly Rising!Bitcoin closed above the $60,000 mark this morning, once again claiming this critical price level. Looking back at the recent trend, while Bitcoin experienced a period of consolidation below $60,000, I have always believed that this low-level consolidation wouldn't last long