Bitcoin Taps $60K, Ethereum, Dogecoin End The Week On A High: 'Next Few Weeks Could Be Last Chance To Grab BTC At Cheap Prices'
October surge forecast! The 4 major cryptos that have the potential to turn $10 into $1000!
In October every year, the ROI of bitcoin is usually the highest! This year is no exception -- the interest rate cut on September 18th is almost a done deal, which is a huge bullish signal for the cryptocurrency market!
Long-term view of the market is dependent on interest rate cuts, short-term view depends on the election, and bitcoin stabilizing at 60,000 is the starting point of a bull market.
Currently, the large cap market has been moving as expected. Today, it broke through the 60,000 level. As suggested before, for short-term investors who have bought at a low price or made good profits, it may be a good time to sell. On Saturday and Sunday, there will definitely be speculation around the 60,000 level. If the market remains stable at 60,000, there will be opportunities for altcoins to enter. If it cannot hold steady, it will decline again, and another opportunity could be found to enter at a good position.
The impact of the US election on the price of bitcoin: Long-term stability, short-term volatility.
The impact of the US election on the price of bitcoin: long-term stability, short-term volatility.
Analyst: BTC may break the September curse.
In a month that is typically seen as bearish for bitcoin, bitcoin has reclaimed the $60,000 price level for the first time in 14 days.
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.
On the eve of the September interest rate meeting, a report ignited expectations of a 50 basis point interest rate cut, causing stocks, gold, and bitcoin to all rise.
"New Federal Reserve Communications Agency" article stated that Federal Reserve officials are considering whether to cut 25 or 50 basis points. Futures linked to the Federal Reserve's policy rate indicate that traders on Friday expect the probability of a 50 basis point rate cut by the Federal Reserve to rise to 47%, with a close to 50/50 chance, while the probability estimated on Thursday was only 28%.
Is the Fed going to take major action soon? The market is betting on a 50 basis point rate cut, and technology stocks and junk bonds are celebrating!
This week, enthusiasm in the technology, cryptos, and junk bonds markets has once again heated up, boosting the confidence of fund managers, as they expect policymakers to potentially rare cut interest rates by half a percentage point.
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!
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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.
Cryptocurrency market fell today, and bitcoin is facing the challenge of breaking through the resistance.
The slight decrease in market activity has led to a decline in the total market capitalization (TOTAL) and the value of bitcoin in the past 24 hours.
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