💬 For the start of alt season, it's not enough for #BTC to update its #ATH

This view was expressed by #HashkeyCapital. According to them, Bitcoin's price peak at $74,000 will still be a weak trigger for an altcoin rally.

Historically, altcoin growth has been associated with a Bitcoin dominance index level of around 60%-70%. At the moment, this suggests a #BTC price above the simple all-time high. Such values can only be expected at price levels between $77,000 and $108,000 per coin.

💯 — Waiting for #altseason
🗿 — Waiting for BTC ATH

✅ Join our chat, where KickEX experts will answer any of your questions regarding trading and the exchange's operations.

🌍 Weekly #CryptoDigest News:

🪙 BTC.D (Bitcoin Dominance over Altcoins) — 59.46%.

🧭 Fear and Greed Index — 72

🇺🇸 30.10 15:30 USD — GDP (Q3). Forecast — 3.0%. Previous value — 3.0%

🇺🇸 30.10 17:30 USD — Crude Oil Inventories. Previous value — 5,474M

🇺🇸 31.10 15:30 USD — Core Personal Consumption Expenditure Price Index (m/m) (sept). Forecast — 0.3%. Previous value — 0.1%

🇺🇸 31.10 15:30 USD — Core Personal Consumption Expenditure Price Index (y/y) (sept). Previous value — 2.7%

🇺🇸 31.10 15:30 USD — Initial Jobless Claims. Forecast — 231K. Previous value — 227K

🇺🇸 01.11 15:30 USD — The average hourly wage for October. Forecast — 0.3%. Previous value — 0.4%

🇺🇸 01.11 15:30 USD — Unemployment Rate for October. Forecast — 4,1%, Previous Value — 4,1%

🇭🇰 Hong Kong is set to increase the number of crypto exchange licenses issued by the end of this year.

🐶 Elon Musk continues to pump #DOGE — the coin rose by 3% after his tweet with a meme. Experts suggest that #Dogecoin may grow if Trump wins the election.

🚀 In Switzerland, #BTC was launched to the moon — a symbolic rocket with the coin's logo was created in the night sky using drones.

🪙 #WallStreetJournal continues its attacks on #Tether. The company issuing #USDT called the new investigation "an irresponsible and fabricated accusation based on rumors."

✅ Join our chat, where KickEX experts will answer any of your questions regarding trading and the exchange's operations.

⚡️ #Bitcoin has reached $71,000

In yesterday's trading session, spot #BTC-#ETFs attracted $479 million, with #BlackRock accounting for $315 million of that.

📈 Bitcoin is now only a few percentage points away from reaching a new #ATH. For comparison, other top-100 coins are still far from their all-time highs:

- XRP: 550%
- DOGE: 345%
- ETH: 86%
- TON: 63%
- SOL: 43%
- TRX: 41%

🧭 The Fear and Greed Index remains in the 72 zone — the greed zone.

#CryptoNews

✅ Join our chat, where KickEX experts will answer any of your questions regarding trading and the exchange's operations.

#Analysis #BTC

🪙 #Bitcoin broke the psychological level of $70,000, reaching a price of $71,587

📌 Consolidation with a breach at the $70,885 level

Trade:

📈 Opening LONG positions in the retest zone at $70,885

Take Profit - $71,600
Stop Loss (SL) - $70,820

not financial advice

✅ Join our chat, where KickEX experts will answer any of your questions regarding trading and the exchange's operations.

🕯 Funds are investing in #Bitcoin, while #Tether prints money

While #BTC was climbing towards its price peaks in an attempt to break through the #ATH, and all BTC holders were in profit, according to #IntoTheBlock, two more events added fuel to the market:

🔼 Spot #ETFs on digital gold brought in $870 million in yesterday's session, marking the third-largest inflow since the instrument's launch.

🪙 The issuer of #USDT released another 1 billion coins on the #TRON blockchain.

Meanwhile, Bitcoin dominance has reached 60%, and experts anticipate an upcoming market shift toward altcoins. However, this is likely only after a new potential BTC growth trigger, driven by a key interest rate cut in the U.S., expected as soon as November 7, with a 98% market expectation.

#CryptoNews

✅ Join our chat, where KickEX experts will answer any of your questions regarding trading and the exchange's operations.

🧭 The Fear and Greed Index has reached a value of 77 — extreme greed

This may indicate an overheated market and an increased likelihood of a correction. Additionally, according to the #DCA investment strategy, selling some assets during periods of market greed can help reduce the risk of losses, which may put some pressure on #BTC.

🪙 Meanwhile, analysts attribute yesterday’s growth not only to record inflows into #ETFs over the past six months but also to a short squeeze. Liquidations of shorts on #Bitcoin alone amounted to $115 million.

Which direction are we headed?

😢 — Correction
😎 — Break #ATH

✅ Join our chat, where KickEX experts will answer any of your questions regarding trading and the exchange's operations.

#CryptoNews

#Opinion

🪙 Analysts from #10XResearch predict $100,000 for #Bitcoin by January 2025

The company’s experts are confident that current market trends and upcoming events, such as the U.S. elections and a potential key rate cut, could lead #BTC to a sharp rise to the psychological mark of $100,000.

🕯 According to 10XResearch, based on the last 15 signals, the accuracy of their forecasting models is 86.7%. Meanwhile, Bitcoin is under pressure from whales who are taking profits near the #ATH, anticipating possible price fluctuations.

Waiting for January? 🚀

✅ Join our chat, where KickEX experts will answer any of your questions regarding trading and the exchange's operations.