Cryptocurrency academician: The bearish trend of 10.12 bitcoin still persists! How to move steadily in market fluctuations! Reference the latest market analysis.
There is no need to showcase your strength excessively, what is important is to gain recognition from more people. In the investment journey, it is more important to focus on improving yourself rather than proving your strength to others. Whether you are a donkey or a horse, take them out for a walk and you will know.
Why is the cryptos market rising today? Will the 2024 USA election bring more profits?
On Saturday morning in Europe on October 12th, the total market value of cryptos surged by 2% in the past 24 hours, reaching around 2.28 trillion US dollars. In the middle cap on Friday in New York, after the price of bitcoin (BTC) surged to a range high point of around $63,361, the altcoin industry experienced a subconscious reaction.
Bitcoin strong rebound back to the bull market! These currencies are about to erupt, the opportunity to double by the end of the year is right in front of us!
After bitcoin fell below $59,000, it quickly rebounded above $60,000 and currently peaked around $63,400. In terms of volume, this rally is quite strong. The daily candlestick chart also looks very attractive, showing a morning star reversal pattern at the bottom. At the same time, the 2-day EMA has been pulled back, and the weekly EMA15 ($61,860) has also regained stability. These technical signals indicate that the bulls have regained the advantage.
Global cryptos market trend analysis
In 2024, the cryptos market continued to experience severe fluctuations, as global economic uncertainty intensified, the demand for digital assets by investors and businesses continued to rise.
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