Bollinger Bands: - Upper Band: 0.00000917 - Middle Band: 0.00000893 - Lower Band: 0.00000868 Price is currently below the middle band and consolidating in a tight range.
MACD: - MACD is slightly negative and flat, showing weak momentum. - No strong bullish crossover yet.
Volume: - Slight increase in recent candles but no major breakout volume.
Trend & Price Action: - Price attempted a move to 0.00000981 but was rejected. - Currently trading sideways between 0.00000868 and 0.00000917. - Bollinger Bands are tightening, signaling potential upcoming volatility.
Spot Signal: Status: Wait / Sideways Entry: Consider buying only on a confirmed breakout above 0.00000917 with strong volume. Stop Loss: Below 0.00000845 Target: 0.00000950 to 0.00000980 (short-term)
The market is range-bound right now, so avoid entering unless there's a breakout with volume confirmation.
After A Continuous Rise In Price, BTC Is Now Retracing Lower From 70000. There Is A Potential Need For Price To Retrace Till 63500 Or Below.🟥 $BTC $BTC
FRONT is rebounding from the horizontal demand zone of a descending triangle. A breakout above the 100-day moving average could trigger an upward movement. Additionally, if it breaks above the descending triangle, we can expect significant gains. $FRONT #BinanceTournament #SOFR_Spike #MtGoxJulyRepayments
The market is down horrendously, this is all due to Mt Gox moving 47,228 BTC ($2.71 billion) from cold storage to a new wallet. The exchange's trustee said it has made repayments in Bitcoin and Bitcoin Cash to some of the rehabilitation creditors 💸
Due to high volatility, $685.53 million in leveraged futures positions were liquidated from the market in the last 24 hours, $590.61 million of which were long positions 🩸 $BTC #US_Job_Market_Slowdown $ETH #downtrendBTC
$BTC $ETH $BNB Ever wondered what #Bitcoin did on the halving day? In 2012, BTC moved sideways on the halving day and then pumped from $12 to $1166 after the halving. That's a 9500% increase in just 380 days. In 2016, BTC also moved sideways on the halving day and then dropped by -29% a few days after the halving, followed by a quick recovery. The price surged from $470 to $19600, marking a 4100% increase in just 500 days. In 2020, BTC took a minor -17% dip just a few days before the halving, followed by a few months of sideways price action. Price pumped from $8700 to $69,000 in just 547 days. In 2024, BTC is only 2 weeks away from the halving. This is the first time the price has hit a new ATH before the halving and is currently consolidating near the ATH with one of the highest monthly close ever. Whether we see sideways price action or a slight correction, one thing is certain - Bitcoin will likely trade much higher in the coming few months than its current level. Dips are for buying , Don't get shaken out 🤝#BinanceLaunchpool #Bitcoin #HalvingWithBinance
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