Bitcoin, ether stall as metals steal spotlight in low-liquidity trade: Crypto Markets Today
What to know:
Bitcoin and ether volumes slid more than 20%, keeping prices range-bound with low liquidity and muted volatility.
Gold hit a record high and silver volumes on HyperLiquid rivaled major crypto assets.
HyperLiquidโs HYPE, privacy coins and memecoins outperformed even as broader crypto markets were little changed.๐ข๐ข
What to know:
Bitcoin and ether volumes slid more than 20%, keeping prices range-bound with low liquidity and muted volatility.
Gold hit a record high and silver volumes on HyperLiquid rivaled major crypto assets.
HyperLiquidโs HYPE, privacy coins and memecoins outperformed even as broader crypto markets were little changed.๐ข๐ข
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Bitcoinโs โmost accurateโ bullish signal hints at BTC price reversal
Bitcoin
BTC
$88,055
traders highlighted multiple signals, predicting a โmassiveโ price upswing. Still, onchain data shows that BTC price recovery could be delayed as market participants take a more defensive stance.
Key takeaways:
Bitcoin surged 600% in 2021 after a similar key bullish cross was confirmed.
Onchain data points to persistent sell-side pressure, suggesting that a BTC price recovery might take time.
BTC bullish cross hints at a bull run ahead
Analyst Coinvo Trading spotted the appearance of a bullish cross involving the Stochastic RSI of the United States 10-Year Treasury Yield (US10Y) and China 10-Year Government Bond Yield (CN10Y) against Bitcoinโs weekly chart.
Related: Bitcoin investor sentiment cools amid US shutdown fears, Fed policy jitters
This is โBitcoin's most accurate bull run signalโ and has only occurred four other times in the past, leading to massive price rallies.t๐ข๐ข๐ข
Bitcoin
BTC
$88,055
traders highlighted multiple signals, predicting a โmassiveโ price upswing. Still, onchain data shows that BTC price recovery could be delayed as market participants take a more defensive stance.
Key takeaways:
Bitcoin surged 600% in 2021 after a similar key bullish cross was confirmed.
Onchain data points to persistent sell-side pressure, suggesting that a BTC price recovery might take time.
BTC bullish cross hints at a bull run ahead
Analyst Coinvo Trading spotted the appearance of a bullish cross involving the Stochastic RSI of the United States 10-Year Treasury Yield (US10Y) and China 10-Year Government Bond Yield (CN10Y) against Bitcoinโs weekly chart.
Related: Bitcoin investor sentiment cools amid US shutdown fears, Fed policy jitters
This is โBitcoin's most accurate bull run signalโ and has only occurred four other times in the past, leading to massive price rallies.t๐ข๐ข๐ข
โค4๐1๐ฅ1
Crypto Community Trading/Investing
๐ต It's showing some strength but but our work is done of execution. Pro setups can also fail, sometimes normal setups can also work. So stick to the plan.
I was not expecting but we are cost to cost and most probably can go to tp now those who took after i informed 1:10 are at 1:1 or more in profits
STTP stick to the plan
STTP stick to the plan
โค3๐1๐ฅ1
๐ต Day 36 | Trading Psychology
Market me jeetne ke liye
har din jeetna zaroori nahi hota.
๐ Focus: ACCEPT SMALL DAYS
Aaj ka din slow ho sakta hai.
Zero trades bhi progress ho sakta hai.
๐ Affirmation:
โI respect slow days.โ
๐ Slow days protect fast growth.
Market me jeetne ke liye
har din jeetna zaroori nahi hota.
๐ Focus: ACCEPT SMALL DAYS
Aaj ka din slow ho sakta hai.
Zero trades bhi progress ho sakta hai.
๐ Affirmation:
โI respect slow days.โ
๐ Slow days protect fast growth.
๐ฅ5โค1