Bitcoin Correction Continues, But Rally Ahead

Explore the provided link to ensure a steady profit in Binance futures trading – https://binancefuturessignal.com/

Institutional buyers, Fed rate cuts, and October seasonality could turn Bitcoin’s painful shakeout into an accumulation opportunity.

Bitcoin’s recent 10% decline from its August 13 all-time high of $124,400 to roughly $111,500 has rattled sentiment.

Despite this, on-chain data suggests that “the foundations for the next bullish phase are clearly taking shape on-chain.”

Maximum Pain or Perfect Entry?
While retail traders remain eager to “buy the dip,” CryptoQuant explained that history shows that durable bottoms form only after optimism fades and capitulation takes hold. The average holder is now at a loss, as evidenced by one important signal, which is the 30-day MVRV ratio that dipped below zero for the first time since September 10.

Negative MVRV levels have consistently indicated undervaluation zones and often precede strong reversals as risk-adjusted entry points improve. At the same time, Bitcoin whale behavior validates this constructive backdrop.


23% Profit on #TAC/USDT 

The infrastructure of the Binance Futures platform aligns with that of their spot trading exchange, Binance.

Integrating our Cornix trading Bots with your Binance Futures account is a swift and straightforward process. Configuration takes only a few minutes, and importantly, you won’t need to grant withdrawal permissions to anyone.

Leverage the Binance Futures Cornix trading Bot for daily profit

Comments

Post a Comment

Popular posts from this blog

Solana Stablecoins Could Trigger ‘Extreme’ SOL Volatility

Image
Visit this link to make money with cryptos with our Expert trading team and get a chance to win Free bitcoin and other cryptocurrencies -  https://telegram.me/btctradingclub Stablecoin volatility and the incoming FTX repayments may further limit Solana’s price action as traders await the outcome of a key technical chart pattern. Investors’ stablecoin positioning on the Solana network and a key technical chart pattern threaten more volatility for the Solana token, which may see a decisive moment for its price action. Solana’s transport layer saw “extreme” volatility in trading the Tether’s USDt stablecoin, which may indicate that traders are repositioning in search of new investment opportunities. USDT trading on Solana’s transport layer saw an over 137% surge during the last week of February, after seeing a 61% plunge during the previous week, according to a report by global payments infrastructure platform Mercuryo, shared with Cointelegraph. 246% Profit on #ALCH/USDT We have many...
Read more

Meme Coins Surge as Bitcoin Hits $88K

Image
Check out the link for free Bitcoin trading signals:  https://telegram.me/btctradingclub The three biggest memes have gained the most over the past day. After yesterday’s push beneath $87,000, the bears seem to have lost control of the market, as BTC has spiked above $88,000 and is eyeing $90,000. Several altcoins are with notable gains over the past 24 hours, led by reps of the meme coin niche. In contrast, PI keeps dumping. The primary cryptocurrency experienced a brief surge past $87,000 last Thursday morning, after the latest FOMC meeting and the triumphant announcement by Ripple’s CEO, Brad Garlinghouse. Although it failed to breach that level decisively and was pushed south in the following days, the predominantly positive sentiment remained. 150% Profit on #ZEREBRO/USDT Our members enjoy continuous profits on Futures, OKX, Bybit, and KuCoin. We are committed to providing top-quality signals to the trading community. Trading on Binance is highly profitable, and traders worldw...
Read more

Bitcoin Dominance Reaches Multi-Year High Impact on Altcoins

Binance Future Signal Telegram - https://telegram.me/binancefuturesignal Bitcoin’s market dominance has just tapped a new high as the asset continues to strengthen at the expense of the altcoins. On Sept. 16, Bitcoin dominance hit 58%, according to Tradingview. This is the highest it has been since April 2021, following almost two years of steadily increasing. BTC dominance was below 40% in November 2022 following the collapse of FTX, which sent the asset tumbling to a low of $16,000 in the brutal bear market that followed. It has trended upwards since then, leaving the altcoins, especially Ethereum, which has seen its market share dwindle, crushed. FTM/USDT has covered all the targets to give an amazing profit of 94% for all Members Binance Futures platform shares the same infrastructure as their spot trading exchange, Binance. Integrating our Cornix trading Bots with your Binance Futures account is quick and easy. It takes only a few minutes to configure, and you never need to grant ...
Read more