Cryptosanders👑
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1 723
Leading Crypto Assets See Choppy Price Action
Bitcoin and ethereum prices declined in trading on Friday, November 3, 2023, as technical oscillators flashed mixed signals for the two largest cryptocurrencies by market capitalization.
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Analyst Predicts Bitcoin Price Rising to $150,000 by 2025 — 'Imminent' Approval of Spot Bitcoin ETFs Expected
Global asset management firm Alliance Bernstein expects the price of bitcoin to reach $150,000 by 2025. The firm’s analyst has predicted “imminent” approvals of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), including those by leading asset management companies like Blackrock and Fidelity.
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https://www.tradingview.com/chart/ETHUSDT/WHL8vy8N-ETH-USDT-UPDATE/
Consider following me for the latest updates and long/short calls on almost every exchange.
I also post short mid and long-term trade setups.
After reading the chart thoroughly if you find it right then please like the chat and comment in the opinion section.
Thank you.
1 723
Consider following me for the latest updates and long/short calls on almost every exchange.
I also post short mid and long-term trade setups.
After reading the chart thoroughly if you find it right then please like the chat and comment in the opinion section.
Thank you.
1 723
Bitcoin and Ethereum Show Divergent Paths Navigating Uncertain Waters
Hours before the upcoming FOMC meeting, the crypto economy’s net value is coasting along at $1.3 trillion. Investors are waiting to see whether or not the U.S. Federal Reserve will raise the federal funds rate. However, the CME Fedwatch Tool shows a 97% chance a rate hike will not come to fruition. U.S. 10-year Treasury yields are lower, but the long-term bonds are still at a 16-year high. Equity futures have dropped slightly with the FOMC expectations and anticipation.
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Market Holds Its Breath for Fed's Upcoming Policy Decision
As November 2023 unfolds, the crypto economy is buzzing with market activity, showcasing a striking performance from bitcoin (BTC) alongside a steady progression from ethereum (ETH). Crypto markets are calm and consolidated at the moment, as market observers and traders wait for the news stemming from the Federal Open Market Committee (FOMC) policy announcement.
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Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) Ethereum (ETH) continued to hover around the 1,800 level, despite a slight stint below this point during today’s session.
ETH/USD fell to a low of 1,784.95 earlier in the day, which came following a peak at 1,829.25 on Monday.
Bulls have since bought this earlier dip, pushing ethereum to a current reading around the 1,813.25 region.
it appears that the rally came as the RSI bounced from 68.00. It is now tracking at 71.65.
A ceiling at 75.00 now awaits traders and should strength move beyond this, ETH will likely move closer to 1,900.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
https://www.tradingview.com/chart/ETHUSDT/5UQOxjEo-ETH-USDT-1DAY-UPDATE-BY-CRYPTOSANDERS/
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Chart Analysis:- \Bitcoin consolidated on Tuesday, as markets braced themselves for the upcoming consumer confidence report from the United States.
Following a high of 34,843.94 to start the week, BTC/USD slipped to an intraday low of 34,083.31 in today’s session.
This has resulted in the world’s largest cryptocurrency hovering below a key price point of 35,000.
the relative strength index (RSI) tracked above a floor at 79.00, which is deep in bull territory.
Price strength is now sitting at 82.02, with the next visible point of resistance being at the 88.00 mark.
many see BTC as being overcooked, with a more long-lasting reversal potentially on the cards.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
https://www.tradingview.com/chart/BTCUSDT/GNt18EWK-BTC-USDT-1DAY-UPDATE-BY-CRYPTOSANDERS/
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BTC Consolidates Below $35,000 Ahead of US Consumer Confidence Report
Bitcoin continued to trade under the $35,000 level on Tuesday, as markets prepared for the upcoming U.S. consumer confidence report. It is expected that the confidence index will come in at a reading of 100 in October, down from 103 the month prior. Ethereum remains above $1,800.
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