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Showing posts with the label golden cross

Why Bitcoin’s guarantee of $135,000 target could emerge this week

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Bitcoin (BTC) may be on the verge of a major technical breakout that could come as early as this week, potentially targeting a record high of $135,000. In this line, Analysis by TradingShot indicated that the asset is set to form its first one-day golden cross in seven months, the last occurring on October 27, 2024, which could trigger an immediate surge, the analyst noted in a TradingView post on May 20.  This bullish signal, where the 50-day moving average (MA) crosses above the 200-day MA, has historically preceded strong rallies.  Bitcoin price analysis chart. Source: TradingView Bitcoin’s next price target Notably, every one-day golden cross within Bitcoin’s two-and-a-half-year ascending channel has sparked a rapid price increase, with the smallest gain at 33.11%. The analyst projected a move to roughly $135,000 from the current price, aligning with the 0.236 Fibonacci level. Further strengthening the case, the one-week Moving Average Convergence...
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Bitcoin Price Eyes $100K, Flips Silver Market Cap After MicroStrategy Buys $2 Billion BTC, But Traders Flock To This New ICO For Parabolic Potential

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The Bitcoin price surged 8% in the last 24 hours to trade at $88,556 as of 04:36 a.m. EST on trading volume that skyrocketed 87% to $146 billion. Bitcoin’s market capitalization surpassed that of silver to reach $1.74 trillion, making it the world’s eighth-largest asset.  🚨 BREAKING 🚨 BITCOIN HAS FLIPPED SILVER IN MARKET CAP, AND NOW RANKING AS #8 LARGEST ASSEST IN THE WORLD 🔥🚀 pic.twitter.com/gI7ijJCt31 — TheLordofEntry (@thelordofentry) November 11, 2024 The BTC pump comes after Donald Trump’s landslide election win last week and news yesterday that MicroStrategy had bought another 27,200 BTC for about $2.03 billion. The firm now holds 279,420 BTC. Bitcoin Price Aims For A Continued Surge The Bitcoin price has been on a parabolic rise in November, as the bulls capitalized on the $69,000 support level to push the price further above, according to data from GeckoTerminal . The 50-day Simple Moving Average (SMA) (wh...
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Neiro On ETH Price Skyrockets 104% As Binance Launches NEIRO Perpetual Contract And This Shiba Inu Derivative Soars Past $1 Million

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The Neiro on ETH price skyrocketed 104% in the last 24 hours to trade at $0.1356 as of 08:58 p.m. EST on trading volume that soared 267% to $165 million. The pump was spurred by news that Binance Futures launched a NEIRO ETHUSDT Perpetual Contract on September 6 at 14:00 UTC. #Binance Futures will launch USDⓈ-Margined $NEIROETH Perpetual Contract at 🗓️ September 6 2024, 14:00 (UTC) Read more ➡️ https://t.co/1jDjSh8Lol pic.twitter.com/VAuoljCRCL — Binance Futures (@BinanceFutures) September 6, 2024 The new product offered by the world’s biggest cryptocurrency exchange allows investors to trade Neiro Ethereum against USDT with up to 75X leverage. Neiro On ETH Price Prediction: NEIRO Set For A Trend Continuation After the listing on Binance, the Neiro on ETH price recovered from the recent downtrend, with the bulls using the $0.0235 support to push the price of Neiro On ETH through a markup phase to as high as $0.20. The recent p...
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