Forex BTCUSD has the potential to rise in early 2024

[FXOchartist]

Today's #Bitcoin price is up 0.45% in the last 24 hours. In contrast to #Ethereum which rose higher up to 4.12%. Seems Ethereum gets fueled by the rumor Ethereum ETF may approved in May.

Today's Bitcoin price range is Low at $51,306.17 and High at $51,950.03.

The Fear and Greed Index rose 1 point from 70 to 71 today.

BTCUSD is generally still in the daily range in the last week between $50K - $53K

BTCUSD D1 Ticktrader FXOpen UK

 

[FXOchartist]

Bitcoin surged over $54k today. #Bitcoin Bull run has reached new highs of almost $55k.
The 24-hour price range is Low $50,931.03 and High $54,938.17. The price is almost touching $55k and this may be achieved
Fear and Greed Index value 72, remains the same as before. Today Bitcoin gained higher than Ethereum, #Bitcoin rose 5.74%, and #Ethereum rose 2.57%. But overall in 7 days, #Ethereum's gain was higher by 6.95% than Bitcoin's only 5.08%.

BTCUSD H1 Ticktrader FXOpen UK

 

[Nite]

Bitcoin hits $60,000! It's highest since November 2021, a significant milestone for the cryptocurrency market. The previous record high just below $70,000 in November 2021 was driven by a combination of factors, including increased interest from institutional investors, inflation concerns, and growing acceptance of cryptocurrencies as a store of value. While the price has not yet reached those levels again, hitting $60,000 is still a positive sign for the market.

 

[FXOchartist]

Yes, Bitcoin has almost reached An all-time high of $69k today's high price is $63,913.13. Bitcoin today's gain of 9.14%, a 7-day gain of 20.61% surpasses Ethereum's gain of 14.34%. Fear and Greed Index reaches 80, the higher the value the more greedy the market is for crypto assets, beware of reversal. The market still waiting Bitcoin to halve, it is possible #bitcoin break ATH and record new.

#bitcoin #btcusd #ticktrader #fxopenuk

 

[FXOchartist]

Very interesting crypto market today. Can Bitcoin reach an All-time-high 69$? Price is now around $61k. Correction after reaching a high of $83k.

Today is quite interesting, Solana gains higher than Bitcoin in 7 days. Solana gained 21.30%, Bitcoin gained 18.86%, and Ethereum gained 11.93%.

Today's Solana price range is Low $115.72 and High $134.47. Fibo level 61.8 is the first focus for retracement, and level 50.00 is the next focus for retracement.

 

[Nite]

It's been an exciting time in the Cryptocurrency market lately. The volatility and rapid price movements can make it hard to predict where things will go next. It's impressive to see Solana outperforming Bitcoin in terms of gains over the past week. It'll be interesting to see when Bitcoin can reach that all-time high of $69k. In many countries, Bitcoin has already made an all time high in their own local currencies.

 

[FXOchartist]

Bitcoin seems to be still consolidating in the $62k price zone. Bitcoin's gain today is 1.97% with the bull candlestick. If an upside breakout occurs the price may continue to rise above $63k. The price is now almost to reach Bitcoin's ATH of $69k.

In the H1 timeframe, a Bollinger band squeeze appears which reflects low volatility waiting for a breakout.

 

[Nite]

Bitcoin reached $67000 , and shows no signs of slowing down. One of the main reasons for this surge in value is the increased accessibility to investors, thanks to the recent approval of the first spot bitcoin ETF by the Securities and Exchange Commission. This decision has opened up new opportunities for investors who were previously hesitant to invest in Bitcoin due to its volatility and lack of mainstream recognition.

 

[FXOchartist]

Bitcoin is now almost reaching the ATH of $69k, The price of Bitcoin was seen surging again at a high level of $67,926.93, almost reaching the ATH value of $69k. The Fear and Greed Index shows a value of 86, which means the market has extreme greed for crypto assets. Today's summary of technical indicators gives a strong buy signal.

 

[FXOchartist]

Bitcoin has reached a new ATH at $69,170.63, and now Bitcoin has fallen to a low of $59,323.91. This decline may be an action of profit taking by Bitcoin holders because the price has reached ATH. Now you can see that the price is consolidating again below the upper band line. The potential for increases is still open because the Bitcoin halving is one of the events that Bitcoin fans are waiting for.

#btcusd #ticktrader #fxopenuk

 

[FXOchartist]

The average cryptocurrency seems to be rising today, Bitcoin is up 5.87%, Ethereum is gaining 10.77%, Solana is gaining 10.64%, and XRP is gaining 5.82%. The Fear and Greed Index shows a value of 86 which is considered market extreme greed. This value has fallen from 90 when Bitcoin reached new ATH. Bitcoin trading range today with a Low of $62,848.67 and a High of $67,637.93 has tried to recover after falling to $59361 after Bitcoin updated its ATH of $69,170.63. it still could continue the trend

 

[FXOchartist]

BTCUSD is moving flat which creates a Bollinger band squeeze waiting for a breakout on H1. The 50 MA below the price also forms a flat channel indicating a sideways market. The RSI indicator shows a value of 50 which means the price is in the neutral zone.
The cryptocurrency market's bullish sentiment persisted in 7 days, Bitcoin rose 10.28%, Ethereum rose 16.58%, and Solana rose 16.09%.

#breakout #bitcoin #btcusd #ticktrader #fxopenuk

 

[Nite]

In the face of numerous obstacles, Solana has not only recovered but also thrived, exhibiting remarkable growth and expansion. With unmatched transaction speeds, a growing range of use cases, and ongoing technical advancements, Solana stands at the forefront of the next wave of blockchain technology. With its ongoing efforts to overcome regulatory obstacles and gain widespread adoption, Solana holds immense potential and aims to become a crucial player in the decentralised world.

 

[FXOchartist]

What's going on now, Bitcoin once again recorded an updated new All-Time-High.
After March 5 Bitcoin successfully updated the ATH, Bitcoin updated the new ATH March 08 a few hours ago at $70,083.05. It's probably because markets still believe in Bitcoin before halving. Happy profit.

#Bitcoin #BTC #ATH #Ticktrader #FXOpenUK

 

[Nite]

Yeah, this latest milestone is also believed to be a result of the belief and excitement surrounding the upcoming halving event. This event often leads to increased demand and subsequently, higher prices. However, it should be noted that Bitcoin's high volatility means that it is not uncommon for it to retrace from such peaks. This is a normal part of its market behavior and should not be cause for concern.

 

[FXOchartist]

Exactly, the high volatility of crypto prices when they reach their peak is often an anomaly. Today the Bitcoin bull run seems to be weakening, this is marked by the appearance of a hammer candlestick which reflects rejection when the price reaches the top. Depending on the strength of the next market, if the market continues its greed, maybe the price can still break through the ATH again. Some investors believe Bitcoin/USD will rise to $76K shortly. Let's see later.

However, behind this, I see that the price of gold has succeeded in becoming the new favorite where in 2024 the price of gold has reached an all-time high at $2195. Amid the threat of inflation, gold may still be an asset that investors are looking for. There are rumors that some central banks are buying gold for reserves amidst tense geopolitical conditions that could make Gold prices continue bullish.

 

[FXOchartist]

According to WatcHerGuru MicroStrategy buys an additional 12,000 #Bitcoin ($821 million). This may be one of the triggers for #Bitcoin's rising today. Bitcoin updated again a new all-time high of $72,850.71 a few hours ago. This is awesome. According to Coindesk, 60% of Investors hold Bitcoin and the rest spreads on Ethereum, Solana, XRP, Cardano, and others.

 

[Nite]

I believe that this news about MicroStrategy's significant Bitcoin purchase is a strong indicator of the continued success and potential of Bitcoin as a long-term investment. Of course, the market can be unpredictable, and there are always risks involved with any kind of investment. However, I am excited to see where this momentum takes Bitcoin and other cryptocurrencies in the future.

 

[FXOchartist]

Yes, the future market is always unpredictable, but looking at recent developments, there are still some investors who believe the value of Bitcoin can reach $100k. In fact, now I am trying to be aware of the possibility that the price has reached its peak considering that the Vakue Greed and Fear Index has already shown a value of 92. This can be said to be that the market is very, very greedy for crypto assets.
After reaching a new all time high, Bitcoin now appears to be correcting again. Bitcoin fell 2.28%, Ethereum fell 2.91%, and Solana fell 0.19%.
#Bitcoin price in the last 24 hours was in the range of Low $68,728.85 and High $72,953.72

 

[FXOchartist]

Today's crypto market is moving again in the green zone, with Bitcoin up 2.56%, Ethereum up 0.92%, and Solana up 10.26%. Bitcoin reached a new ATH of $73,637.47. Solana experienced the highest increase today and took the price to a high of $166.45.
Positive news for Bitcoin Bank of America and Wells Fargo, two major US banks, now allow their clients to invest in Bitcoin via ETFs. Happy greenpips.