Based

United

Bitcoin ETF

Bitcoin

Show

<p><a href="https://x.com/Ashcryptoreal/status/1810971391992144089?t=oKkqQcFI3NTjU4Ew9g0o_g&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Top crypto analyst Ash Crypto,</a> with more than 1 million followers on X, has stated nine reasons to prove that Bitcoin’s price could have bottomed over the last two days. Their reasons are a combination of various technical and fundamental analyses.&nbsp;</p>
<p>Let’s look at the analytical reasons in the following paragraphs.&nbsp;</p>
<p>The first reason for this thought is that more than 68,000 BTC have gone out of exchanges, and this large amount was last seen in July and November 2022. Another reason is based on the Wyckoff technical pattern that BTC has been replicating; this pattern typically triggers price accumulation before an exponential price rally starts.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">I've analysed the market over the past <br>2 days and this could be BTC bottom.<br><br>I've compiled some TA and FA.<br><br>Read below!<br><br>1. Bitcoin Netflow in Exchanges<br><br>There's 68.4k <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a> going out of exchanges. This large amount was last seen in July and Nov 2022. <br><br>2. Wyckoff Method<br><br>Bitcoin… <a href="https://t.co/klDZYgjjof" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/klDZYgjjof</a></p>— Ash Crypto (@Ashcryptoreal) <a href="https://twitter.com/Ashcryptoreal/status/1810971391992144089?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 10, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Additionally, Fed net liquidity shows a strong spike, which is similar to the rate of change that happened in March 2023. Ash Crypto noted here that the price of Bitcoin pumped by more than 38% in a week.&nbsp;</p>
<p>Based on the rainbow charts, every time the price rises in the purple zone, it doesn’t go back until Bitcoin reaches an all-time high. At different points in the purple zone, it is represented by a price bottom and the cheapest zone to buy Bitcoin.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/this-theory-predicts-chainlink-link-will-hit-100-in-2025/" target="_blank" rel="noopener noreferrer nofollow">This Theory Predicts Chainlink (LINK) Will Hit $100+ in 2025</a></em></strong></p>
<p>Ash Crypto also talked about rate cuts in the United States. Based on multiple market analysts, they are holding off on rate cuts until the election, which could be a political move. Once the interest rate is down, investors’ money will flow into the market.&nbsp;</p>
<p>Another factor discussed is the United States presidential election. With the ongoing debate, it is obvious that a candidate who supports crypto has a strong chance of winning. This gives Donald Trump, who is publicly supporting crypto, an 85% chance of winning the election after the presidential debate with Biden.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>Last week, the Bitcoin ETF also showed a positive inflow after three straight weeks of outflows, and this is positive for BTC. This could also attract more investors to crypto.&nbsp;</p>
<p>Ash Crypto also noted that the price has bottomed, but we could still see some minor red candles due to Mt. Gox and German government FUD.&nbsp;</p>
<p>He noted that Bitcoin will easily see $150,000 to $250,000 without stress in early 2025.</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/these-analyses-show-bitcoin-has-finally-bottomed-and-reveal-when-btc-price-will-reach-250k/" rel="noopener noreferrer nofollow">These Analyses Show Bitcoin Has Finally Bottomed and Reveal When BTC Price Will Reach $250k</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

These Analyses Show Bitcoin Has Finally Bottomed and Reveal When BTC Price Will Reach $250k

Innholdsfortegnelse

CaptainAltcoin

Andre artikler publisert på 10. juli 2024

Cardano Achieves Milestone with Chronoshot

Impact of Chain Abstraction on Web3 Adoption: Insights from Arcana Network’s Latest Developments

Robert Kiyosaki Urges Buying More Bitcoin and Gold

BlockDAG X1 App’s Launch on App Store; DOGE Price Uncertain & Uniswap Tokens Surge

Exodus Passkeys Wallet Launches Transaction Control Features to Simplify Web3 Onboarding

Crypto payment service Payeer hit with record $10M fine in Lithuania

Bli med på vårt gratis nyhetsbrev for daglige kryptooppdateringer!