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Bitcoin, Ethereum, Dogecoin Close Out Strong Week On A High: 'Play Offense,' Says Bullish Trader
المصدر: Buzz FX / 27 سبتمبر 2024 15:20:11 America/New_York
Cryptocurrency markets are finishing the week on a high, with Bitcoin peaking past $66,000 in midday trading.
Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $65,934 +1.1% Ethereum (CRYPTO: ETH) $2,705 +1.9% Solana (CRYPTO: SOL) $158.59 +1.3% Dogecoin (CRYPTO: DOGE) $0.1246 +5.3% Shiba Inu (CRYPTO: SHIB) $0.00002052 +10.9% Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 3.7% and daily active addresses rising by 1.3% for Bitcoin.
- According to Coinglass data, 63,487 traders liquidated in the past 24 hours for $139.18 million, with $85 million being short liquidations.
Notable Developments:
- Bitcoin Pushes Above $65K But What Does Technical Analysis Say?
- Bitcoin Smashes Through $66,000 As ETFs Take In $365M To Extend Their Inflow Streak To 6 Straight Days
- Bitcoin Could Sail To $70K On The Tailwinds Of Stablecoin Minting, Chinese Stimulus, Renewed Altcoin Activity: 10x Research
- Viral Baby Hippo Moo Deng Steals Spotlight From Dogecoin, Shiba Inu: This Trader Made $392,000 With Over 1,000X Meme Coin Return
Top Gainers:
Cryptocurrency Price Gains +/- Notcoin (CRYPTO: NOT) $0.01048 +21.9% Bonk (CRYPTO: BONK) $0.00002302 +12.2% Pepe (CRYPTO: PEPE) $0.00001062 +12.1% Trader Notes: Analyst Benjamin Cowen sees ETH moving up to its bull market support band, which would constitute a move to the $2,900s.
Altcoin Psycho feels emboldened by the recent uptrend, saying it is time to “play offense.” he has bought several undisclosed altcoins and will “check back” in 4 to 8 weeks.
Trader Tyrogue implies that retail investors will soon get interested in meme coins again due to the unit bias. He thinks they will wonder “what if this coin went to $1?” and buy accordingly.
Smileycapital thinks several fundamental factors are aligning for crypto to go higher:
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