BTC breaks through the 0.06 million mark. How will interest rate cuts and elections affect the market? Will the bull market return quickly? How should we avoid the market peak?
Last night, the market changed rapidly, with all asset classes rising across the board. The next focus is whether the market can stabilize around the 60,000 level. Currently, the market is about to enter a sideways phase, and the next change will be next week.
Bitcoin Regains Its Correlation With the S&P 500 Ahead of FOMC Meet
Will the Fed's rate cut weakened recession expectations, help boost the rebound of BTC?
Bitcoin: This week, Bitcoin has shown a rebound trend. Market traders have alleviated their concerns about trading during an economic recession, generally believing that the probability of a recession in the United States is relatively low. After the announcement of the U.S. CPI data in August, it can be seen that the CPI has been significantly alleviated and has made further progress towards the 2% target monitored by the Federal Reserve. As a result, the majority of traders in the market are betting that the Fed will cut interest rates by 25 basis points next week, but this represents a defensive rate cut as the U.S. economy has not experienced a recession. Therefore, a rebound has occurred this week after a sharp decline in the past two weeks.
9.14 Zhang Lihui: Where is the bullish space after the strong break of the bitcoin? Where is the more suitable opportunity to short the market? Today's reference for bitcoin (BTC).
Change starts with understanding, understanding starts with making connections; walking with Lihui, seeing more possibilities. Listen to different perspectives and accumulate wisdom. Let's explore new perspectives together, solve problems, and broaden our thinking! In 2024, Lihui is willing to guide you to win in the cryptocurrency market!
Coin beauty: On September 14th, Ethereum fluctuated upward, and market activity exploded. What makes you excited? The latest market analysis.
Want to set sail in the market? Liying offers some tips here, navigating with everyone to let the dream boat ride the wind and waves, sailing towards the shore of success!
Coin Circle Liying: 9.14 overbought signal has appeared! Bitcoin's trend today will attract attention from all market! Latest market analysis.
Want to set sail in the market? Liying offers some tips here, navigating with everyone to let the dream boat ride the wind and waves, sailing towards the shore of success!
When Bitcoin Breaks Out, Expect THIS From Dogecoin's Price Action!
After the release of CPI data, bitcoin had a strong rise to $0.058 million! What are the market impacts?
Experts predict that these data may affect the Fed's interest rate decision, and the likelihood of a substantial rate cut at the next meeting is very low.
Crypto Today: WazirX Exploiter Moves Nearly $12 Million Ether to New Address, Bitcoin, ETH Post Gains
Bitcoin at $58K: A Price Surge or Drop, What's Next for BTC?
Blockchain Firms Brace For US Election Uncertainty, Push For Simpler Consumer Solutions
Bitcoin Weekly Forecast: On the Road to $60,000
Cryptocurrencies Price Prediction: Bitcoin, OpenAI & Crypto – European Wrap 13 September
Bitcoin and Ethereum Traders Could Watch This Signal for the Next Bull Run
Bitcoin Mining Revolution: The Power of Three-Phase Power Systems
Why can three-phase electrical systems provide a competitive advantage for miners, while ASIC efficiency gains are gradually diminishing.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin Eyes for $60,000
Will the market rebound and recover in the next few months?
US stocks and the cryptocurrency market continue to rebound, with bitcoin building momentum below $0.06 million and altcoins following suit.
The BTC market gradually saw a long position lurking in these three cryptocurrencies, which soared 100 times after the interest rate cut.
Now, the pancake has stabilized at 58,000, what should we expect for the next market trend?
Bitcoin and Dogecoin experienced a sharp rebound in the market after a "heavy signal" from Elon Musk attracted over 46 million in traffic.
On Friday (September 13), bitcoin oscillated around the $58,000 level after reaching a high, with bulls holding the psychological barrier intact without breaking. Dogecoin slightly retreated after touching $0.1032. Billionaire Elon Musk hinted again in a tweet that he will join the U.S. Government Efficiency Committee, and his D.O.G.E abbreviation boosted meme coins. The Federal Reserve will release its September decision next week, pricing in a 25 basis points rate cut to support the bid for cryptos.
Bitcoin market analysis on September 13th.
The market fluctuations today are no different from yesterday. The only certainty is that the rebound of 52,500 at the moment is only on a 4-hour timeframe, not on a daily timeframe. Therefore, today's strategy is the same as yesterday: buy on the decline and sell short after the rise. However, the current market has reached the important resistance zone of 58,500-60,000, where both long and short positions need to be cautious! The structure of Ethereum is even clearer, and after the oscillation ends, it needs to rise again!
No Data
No Data