Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
Analyzing the recent drop in the Dollar Strength Index and its implications for Bitcoin.
Bitcoin and altcoins are witnessing end-of-month volatility, but traders remain upbeat about October due to the crypto market's history of strong performance in Q4.
Bitcoin bears are defending the $65,000 resistance, but if it gives way, BTC and altcoins are likely to chase new all-time highs.
Bitcoin is attempting a slight recovery, but closing above the $60,000 market will be the first step to achieve before BTC and altcoins can bounce from their recent lows.
Bitcoins failure to hold $60,000 shows hesitation to buy at higher levels before the FOMC decision on Sept. 18.
Global equity markets witnessed a massive sell-off, pulling Bitcoin and several major cryptocurrencies to unexpected lows.
Bitcoin and altcoins are witnessing some profit taking today, but the overall uptrend remains intact.
The positive correlation between the ETH/BTC pair and the US Dollar Index has strengthened ahead of the Federal Reserves September rate decision.
Bitcoin price action seems uninterested in rapidly declining US dollar strength, as a shock payroll revision adds to DXY pressures.
The S&P 500 Index is nearing its all-time high, but Bitcoin is struggling to rise above $60,000, pointing to further underperformance in the near term.
As Hong Kong looks into creating Hong Kong dollar and US dollar stablecoins, a local industry executive addresses possible implications for UDST and USDC.
The S&P 500 Index is extending its recovery, boosting buying in Bitcoin and select altcoins in the near term.
Bitcoin turned down from $70,000, a sign that bears are fiercely defending the overhead resistance, but the price whipsaws are having limited impact on altcoins.
Digital investment products are witnessing solid buying, but it may take a stronger trigger to propel Bitcoin to a new all-time high.
The court stipulated that Binance could invest customer funds custodied at BitGo in Treasury Bills maturing along a four-week basis.
Bitcoin and altcoin traders set their sight on new all-time highs now that BTC price is back above $63,000.
BTCs price recovers from seven-week lows, but Bitcoin is not the only asset attempting to break higher.
Alloy by Tether introduces a new class of digital assets called tethered assets, designed to track the price of various assets using robust stabilization mechanisms.
Strong technical resistance levels and a high number of profitable traders pose the risk of modest pullbacks in the Bitcoin market.
Crypto analyst Daniel has revealed that the Bitcoin price has confirmed its imminent breakout to $106,000. He explained how the technicals and fundamentals support this bullish prediction and currently align for this BTC rally to the $106,000 target. Analyst Predicts Bitcoin Price Breakout To $106,000 In a TradingView post, Daniel stated that the Bitcoin price now appears poised to reach the next significant resistance zone around $106,000, which also aligns with a big resistance level. The analyst noted that the market is now following through with a solid bullish impulse, pushing past intermediate resistance and confirming the continuation of the ascending channel structure. Related Reading: Bitcoin Price Bullish Confirmation: What Needs To Happen For Next Leg Up To $130,000 He further remarked that the Bitcoin price could reach this $106,000 target with buyers stepping in aggressively and the price respecting the bullish market structure. The flagship crypto has already displayed strong bullish momentum, having broken above $90,000 earlier this week and rallying to $95,000 for the first time in two months. Daniel noted that this breakout occurred after a well-defined double bottom formed around the major support zone near $74,000. He added that the inability to create a new low and the sharp rejection from that zone confirmed strong buyer presence and marked a clear exhaustion of sellers. Fundamentals Also Support This BTC Rally Daniel also explained that the fundamentals support this Bitcoin price rally to $106,000. He remarked that BTC is gaining strength due to several key macroeconomic shifts. These macro shifts include Donald Trumps tariffs, which have brought about market uncertainty and led investors to seek alternatives outside the stock and bond markets. Related Reading: Bitcoin Price Recovery At Stake If This Level Doesnt Hold, Crash Could Erase Gains The analyst highlighted the fact that the Bitcoin price has thrived during such periods of instability, with investors viewing it as a hedge against the dollar’s instability. He added that global central banks continue tightening monetary policy, increasing fears of a recession. With inflation and recession fears on the rise, investors look poised to diversify their assets into assets like BTC with limited supply. Daniel also affirmed that the deepening institutional interest is providing a strong foundation for the sustained Bitcoin price movement toward $106,000. He remarked that institutional adoption continues to climb, with spot market activity increasing and institutional funds seeing massive inflows. The analyst reiterated that the convergence of powerful technical patterns, particularly the confirmed breakout and continuation within the ascending channel, suggests a likely continuation of the upward momentum for the Bitcoin price. The strong macro and institutional adoption also supports a sustained bullish momentum for BTC. Daniel urged market participants to closely monitor confirmation signals, such as bullish volume surges, strong candle closures above the $90,000 breakout level, and continuation patterns forming on lower timeframes to validate the $106,000 target. At the time of writing, the Bitcoin price is trading at around $94,660, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.
World Crypto Global
