CandleFocus Bitcoin's 'Outside Day' Sets Stage for $70K, Altcoins Break Out: Technical Analysis
2024-09-27
Author: Content Editor
Bitcoin's trading range has widened, and a move above the August high suggests further gains for the cryptocurrency. The corrective trend in altcoins appears to have ended, with the cumulative market capitalization of alternative cryptocurrencies breaking out of a six-month downtrend. This breakout indicates the possibility of an "alt season," where smaller tokens outperform Bitcoin and Ethereum. Analysts are now looking towards the next resistance level for Bitcoin at around $70,000.
Related News
XRP Whale Activity Rises With $23.3 Million Transfer, Market To Rally? Notcoin Price Skyrockets 10%: Could This Signal a New Bull Market? MOODENG’s mom token just nuked over 95% for the funniest reason Catizen Unveils Innovative Dual Chain Token Strategy and Airdrop for $CATI NEIRO Accumulation Spikes: Whales Take Millions as Market Awaits Potential Binance Listing Leveraged MicroStrategy ETFs Are a 'Ghost Pepper' Bet on Bitcoin—And They're Booming Crypto Biz: Bitfarms gets new board after months of power struggles A Fake Wallet App Was Downloaded 10,000 Times on Google Play Shiba Inu Breakout Eyes $0.00002631 Level After Rallying Over 19% It may be mean reversion time for Ethereum and Solana Bearish Signal for POPCAT: Price Could Fall by 15%, Here’s Why Ripple & Turkish Bank Garanti BBVA Partner Up for Mobile App Smart Layer Network ($SLN) Surges 104% Amid Broader Crypto Market Rally Shiba Inu : The Reasons Behind Price Surge and Retracement Major Token Unlocks Expected to Impact Crypto Market Dynamics Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB) Master the Art of NFT Sales: A Step-by-Step Guide for Maximizing Returns BNB rallies to $600 and traders call for higher — Does data support this view? Bitcoin Records Crucial Bullish Signal as It Reclaims $66K Analyst Jamie Coutts Says Fourth Quarter Could ‘Get Wild’ for Crypto, Updates Outlook on Solana Rival Sui Terra Luna Classic Moves Closer to Tax2Gas, LUNC Price Jumps 6% BONK Price Targets 30% Surge as Bullish Reversal Pattern Emerges Bybit Tops Binance in XRP Futures Trading, Expands Presence In New Market ISHIBA Naming Coincidence Sends Shiba Inu Price Soaring 50% in 48 Hours Analysts Predict XRP Price Surge to $2 as SEC’s Credibility Wanes Ahead of Appeal Dogwifhat Rally Far From Over As Analysts Predicts 1,600% Jump Senator Lummis predicts SEC Chair Gensler will step down next year if Trump is elected Binance co-founder CZ free — What’s next and what it means for crypto Breaking! Maker (MKR) Could Rally 30%, Here’s Why Tether Assists U.S. Department of Justice in Seizing Over $6 Million in Alleged Proceeds Linked to Crypto-Confidence Scheme Cantor Fitzgerald CEO says Bitcoin should be treated as a commodity like gold and oil Former Binance CEO Changpeng Zhao released from custody on Friday: Bloomberg LayerZero Expands Cross-Chain Reach with Bitlayer and defi.money XRP, MKR, NOT price update amid crypto sentiment flip Bybit Secures Full Crypto License in Kazakhstan, Targets CIS Expansion Journalist Nicknamed FED Mouthpiece Warns About US Economy Mango Markets Agrees to Destroy MNGO Tokens in SEC Settlement BREAKING: Coinbase Adds a New Altcoin to Its Listing Roadmap A Cryptocurrency Platform Announces the Shutdown of a Widely Used Feature: Users Need to Withdraw Assets MiCA threatens crypto firm exodus to Middle East: Regulatory expert Trump crypto venture WLFI a ‘potential pump-and-dump disaster’ Bitcoin’s 'Coinbase premium' returns as BTC price heads for best September ever Bitcoin has ‘familiar bullish smell’ as BTC price hits $66K — Analyst Onyx protocol exploited a second time for $3.8M via known bug MicroStrategy S&P 500 listing ‘probably not’ coming despite stellar performance Republican control of Senate would benefit digital assets, says Sen. Lummis Bitcoin at ‘pivotal juncture,’ $60K not out of the picture — Analyst MYTH token spikes over 50% in a week amid NFL Rivals boom Billionaire who introduced Tether to Northern Data leaves UK for Switzerland ‘Hamster Kombat’ Token Tops $1 Billion in Trading as TON Survives Massive Airdrop Swan Bitcoin Claims Ex-Employees Stole its Mining Business at Tether’s Direction in New Suit MMORPG MapleStory’s web3 version wants to leverage nostalgia to draw players 3 XRP Price Levels to Watch Now, Most Important Solana (SOL) Test Coming, Dogecoin's (DOGE) Biggest Breakthrough in 70 Days Crypto market will skyrocket as soon as CZ announces his return, says CryptoQuant CEO Short squeeze alert: Bitcoin is poised to melt some faces Smart Trader Who Traded MOODENG Gains Millions in Market Cap Surges Ice Open Network gains ahead of mainnet launch ZachXBT Sounds Alarm on Crypto Theft at 'Gunpoint' Moo Deng Price Nearly Doubles in a Day as Meme Coins Outpace Bitcoin Gains Stablecoin Market Hits $172bn — What’s Next After 12 Months of Growth: CCData Report Tornado Cash ruling lays dangerous precedent: crypto lawyers Chainlink (LINK) Eyes 50% Surge as Bullish Momentum Builds Three DeFi hacks net $10 million in 48 hours despite ‘renaissance moment’ What Will Bitcoin and Altcoins Do in October? Here is Coinbase Exchange’s Prediction 15 questions Nischal and WazirX must answer to regain Indian crypto traders’ trust Micro3 Integrates BNB Greenfield Mainnet for Enhanced NFT Solutions PEPE token flips $SUI in market capitalization rankings Bolivia reports 100% rise in virtual asset trading Big Change on the Ethereum Network: Coinbase Officials Speak About The Incident CZ Out of Jail, BNB Set for Mega Breakout: Eyes on $700 What Crypto Whales Are Buying for Potential Gains in October ? Bitcoin breaks $66K as it records its best September in history Germany forms the Bitcoin Federal Association in its parliament Toncoin fees reach an all-time high after Hamster Kombat airdrop Canada's Crypto Firms Get More Time to Comply with Stablecoin Rules XRP to $1? Key Insight From Golden Cross Invalidation BREAKING: Coinbase Announces New Altcoin Listing on Futures PEPE flips both $SUI and $UNI in market cap The newly launched MSTU ETF is firing on all cylinders Maximizing Bitcoin Gains with ETF Data Ripple's Top Bosses to Appear at Federal Reserve Event Bitcoin Report from Investment Giant BlackRock: "Bitcoin is a Unique Diversifier!" Aerodrome tops $1b in TVL amid dominance on Base Bitcoin ETF Gets $365M Boost, Can BTC Withstand China's Housing Crisis? DOJ Seizes $6 Million Linked to 'Devastating' Crypto Romance Schemes Economist Henrik Zeberg Says Solana-Based Altcoin Could Skyrocket by Nearly 1,000% in a ‘Matter of Weeks’ 3 Levels to Watch as Shiba Inu (SHIB) on Verge of $0.00002 Tornado Cash Loses Motion to Dismiss Paycoin to end wallet services in South Korea Uptober to Downtober? Rising Odds of SEC Appeal Stand in the Way of XRP Hitting $1 What's Next for Neiro Ethereum Price Following Major Whale Purchases? Ethereum Price: Will ETH Hit $3,000 in October? Altcoins Take Center Stage With Significant Price Rises '$1 Million Bitcoin' Samson Mow Publishes Ultra-Bullish Bitcoin 'Uptober' Post 5 Reasons to be Bullish on Polygon (MATIC) Price Investor Ditches UK for Switzerland’s Crypto Valley Fantasy Sports Company Sorare Charged With Providing Unlicensed Gambling Facilities in U.K. Beth Haddock on Stablecoin Standards and Their Role in Shaping the Global Financial Ecosystem Britannia buys operations of fellow Tether bank Deltec APT Price Surges 35% as Bullish Momentum Intensifies FOMO-Driven Rally Could Increase SHIB Price By 90% Bitcoin Bull Cycle Targets $84K As Open Interest Hits $35B Ethereum shows mixed signals as price surges amid ETF outflows BNB forms a rare bullish pattern as Binance catalysts rise Don't trust crypto ‘daily active user' reports; Here's why Bhutan continues to rake in the bitcoin This Altcoin Surpassed Ethereum (ETH) in Trading Volume, Tripled! Judge rules crypto protocols can be money transmitters without control Farcana Launches 60% APR Staking Program, $FAR Token Soars by 24% BlackRock Bitcoin Holdings Swell to Nearly $24 Billion After Latest Buy 9.4 Billion Dogecoin (DOGE) in 24 Hours Breaks Record 5 Meme Coins to Watch in October 2024 Bitcoin Prices Show Positive 30-Day Correlation With China's Central Bank Balance Sheet LandWolf, Moo Deng surge as Solana DEX volume jumps Ethereum (ETH) Jumps 188% in Key Metric as Price Nears $2,700 BNB Price Could Soar Above $700 Amid Changpeng Zhao’s Early Release Speculation Experts Say Haters Gonna Hate, But XRP Bull Run is Cooking Binance Coin (BNB) Price Prediction for September 27 Cardano Celebrates 7 Years, Here Are Key Milestones BREAKING: PCE Data Used by the US FED to Measure Inflation Announced! What Was the First Reaction of Bitcoin (BTC) and the Dollar? Floki, Wormhole, Pepe pumps as US PCE inflation nears 2% Expert Says Shiba Inu Is Ready To Conquer $0.00008616 40 Million XRP Withdrawal Stuns Top Crypto Exchange REI Network Partners with Solder AI to Enhance Blockchain Capabilities Latest Data Announced! Giant Whales Are Accumulating This Altcoin Intensely! Crypto Price Analysis September-27: ETH, XRP, ADA, SHIB, and DOGE Top Predictions Show Solana Heading to $1,000—Here’s What Experts Say Trader Predicts Record High for Real-World Asset (RWA) Token, Updates Outlook on Solana, Fantom and dogwifhat Dogecoin (DOGE) Climbs to $0.12 as Bulls Seek a Continued Rally Reason Not to Buy Bitcoin Revealed by Raoul Pal to Michael Saylor IOTA, Kava, Enjin set sights on gains as Bitcoin hits $66K Hamster Kombat Hits $1 Billion Volume After HMSTR Airdrop Fails to Impress Shiba Inu (SHIB) Skyrockets 924% in Inflows Amid Price Breakout Bitget to connect Telegram Mini Apps to broader Web3 with new dev kit Matrixport, Knowing the Fall in Bitcoin Before, Shared Its Market Predictions for the End of the Year! Here Are the Details Leveraged trading for Polymarket prediction markets arrive to subdued initial open interest Hacker behind $2M crypto heist receives job offer from victim protocol Analyst Keeping Short-Term Predictions Expects Rally in Bitcoin (BTC) and Altcoins! Here's Why! Pundit Says Time is Here for Shiba Inu to See 50% to 100% Gains Each Day Here is Why Bitcoin is About to Surge to $70,000 Ethereum: Analyst Sets $2,820 As ETH’s Next Key Level to Watch, Here’s Why This Is Why Toncoin (TON) Could See a Short Squeeze Soon Expert Confirms Cardano Bullish Breakout Amid 12% Gain, Projecting $1 as Next Target SunPump Partners with Gotbit to Boost TRON Meme Ecosystem MicroStrategy's Portfolio Reaching $7 Billion Profit: Details GraFun, Supported by Floki and DWF Labs, Brings Memecoin Frenzy to BNB Chain GameFi investment is surging: Blockchain becomes a staple in every title | Opinion THORChain (RUNE) announces plans to expand DeFi on Bitcoin Bitcoin and Gold Surge: Analyst Explains Why Geopolitical Risks Could Trigger Explosive Price Action XRP Price Prediction: SEC Actions Could Result in a 21% Decline in October SHIB Price Surge Threatens Avalanche’s Market Dominance Bitcoin's 'Outside Day' Sets Stage for $70K, Altcoins Break Out: Technical Analysis Crypto Prices on September 27: Bitcoin Touches $65K, SHIB Pumps 23% Bitcoin Price Analysis: $65k Breached! Is the Bull Run Finally Here? Expert Names XRP and 9 Other Altcoins That Are Doomed to Never Grow Binance Announces It Will List Another Altcoin, Price Skyrockets! – Second Listing in the Same Day! Satoshi Nakamoto Ally Confirms 'Uptober' PEPE Price Up 16% After Arthur Hayes Endorses Pepe Coin, What's Next? BlackRock Highlights Bitcoin's Unique Properties, Believes BTC is Risk-Off in the Long Term SHIB Leads Altcoin Surge: BONK, BRETT, CFX, XEC, and More Pump Ondo Finance Becomes a Leader in Tokenized US Treasuries AVAX Price Surges Following Avalanche Foundation’s $40 Million Grant Program Binance Grabs 18% of Hamster Tokens – $HMSTR Price Prediction! AI’s Influence on Crypto to Outweigh the Reverse, Says Expert Shiba Inu Up 43%, Here’s Why SHIB is Rising According to On-Chain Data Q4 crypto rally chances ‘exceptionally high,’ fueled by BTC $65K breakout Altcoin Market Cap Surges Past 200-Day EMA: Is Altseason Finally Here? Celestia's TIA Posts Biggest Monthly Gain This Year Even as Impending $1.13B Token Unlock Spurs Hedging Pre-IPO Investment Platform Predicts XRP to $1,000, Sparking Reactions Unstoppable Domains announces .Benji of the memecoin on Base Legendary Trader Peter Brandt Issues Bullish DOGE Tweet: “Get Along Little Doggie” New Wallet Moves 121.7B PEPE and 421.74B MOG: $1.6M Transferred from Binance and Bybit Why Tokenizing Real-World Assets on IOTA Is a Game Changer for Digital Finance Bitcoin (BTC) Defies September Data with Its Rise! What is the Biggest Reason for the Rise? Analyst Explained! BitMEX Founder Arthur Hayes Bought These Two Altcoins! There Was a Sudden Jump in Price! Crypto Markets Add $70 Billion Daily as Bitcoin (BTC) Price Rises to 8-Week Peak (Market Watch) Hamster Kombat Price Prediction: HMSTR Plunges 45% On Debut, What’s Next? What Should Investors Expect From Bitcoin (BTC) in October 2024? Ondo Finance Takes Lead in Tokenized US Treasuries with TAC Bitcoin Likely To Hit New All-Time High Before the End of the Year, Says Kevin Svenson – But There’s a Catch Chiliz Sports is born: the evolution of SportFi and crypto by Socios.com and CHZ Solana Price (SOL) Pushes Higher: Surge Shows No Signs of Slowing NFT Weekly Sales Volume Surge as NodeMonkes Leads Market Expert Sees Shiba Inu Spiking 326%: Here’s Why Binance Former CEO CZ To Be Released Today! Here Are The Details… Bitcoin Breaks Through $65,000 As Global Macro Factors Fuel Gains Ripple Vs SEC Lawsuit: Former US SEC Lawyer Predicts XRP Case Appeal Will The New $40 Million Retro9000 Grant Push AVAX Price to $40? US Bitcoin ETFs net $365 million in a single day as Bitcoin rallies above $65,000 Bitcoin Holds Above $64K as China Stimulus Sends Conflux’s CFX, Dog Memes Running High LUNC News: Terra Luna Classic Community Votes On USTC Burn Proposal XRP Targets $18.22, Here is The Critical Level It Must Break to Trigger a Massive Spike Liquid restaking protocol Bedrock suffers $2M exploit Robinhood Plans to Enter the Stablecoin Market: Can It Challenge Tether? What Should Investors Expect from Ethereum (ETH) in October 2024 Base’s total value locked crosses $2 billion for the first time amid sustained user activity Binance Linked Wallet Burns 1,872,037,807 Shiba Inu, Here are Interesting Details POL Price Soars 5% As Polygon Undergoes Major Upgrade Polygon Leads Crypto Network Growth, New Addresses Surge Over 1,000% Binance Announces Listing of a New Altcoin, Price Moves! Elon Musk's X Seeks Second Chance In Brazil, Will Supreme Court Agree? XRP Price Trapped In Consolidation: Will Bulls Break Free? $412 Million Lost to Hacks in Q3 2024, Yet Overall Safety Improves Analyst Warns Of A ‘Super Signal’ For Cardano (ADA): Could It Outperform Bitcoin? Polygon Leads Crypto Network Growth, New Addresses Surge Over 1,000% Exploring This Week’s Crypto Surge: New Insights on Polygon, NEAR, and Shiba Inu Market Awaits Impact of $7.7 Billion in Expiring Bitcoin, Ethereum Options Turkey Scraps Planned Crypto Tax, Targets Economic Reforms Ethereum blob count is ‘uncomfortably close to a ceiling’ — Vitalik Buterin US Seizes Crypto Domains Tied to $2.5 Billion in Illicit Transactions Next Crypto to Hit $1 in 2024: The Key Innovations Fueling This Market Push Putin Announces Development of Independent BRICS Payment System to Boost Foreign Trade Historical Trends Put Bitcoin At $400,000 With Shocking Timeline Ethereum Price Eyes Bitcoin’s Lead: Can It Climb to a New Weekly High? Top Ethereum Layer 2 Projects by Total Value Locked: ARB, BASE, OP & More POL Price Soars 5% As Polygon Undergoes Major Upgrade Ethereum could retest $2,707 resistance following increasing ETF inflows and uptrend in funding rates Bitcoin Price Back on Track: Can It Maintain Traction? US ETFs Net Purchase Over 300,000 BTC Since Launch, Shaking Up Wall Street SEC scores partial win against blockchain firm Opporty over $600K ICO Avalanche rallies following launch of incentive program for developers Tornado Cash dev’s bid to dismiss charges falls out, NY judge sets trial on December SEC Expected to Appeal Ripple XRP Sales Ruling Amid Legal Expert Doubts Pendle Foundation, BitMEX Co-Founder Moving PENDLE To Binance—What’s Going On? Solana Leads in Daily Active Addresses Among Major Blockchains Turkish Bank Garanti BBVA Expands Mobile App to Include XRP and Arbitrum Worldcoin fined again! Crypto store clerk runs off with $500K cash: Asia Express Mark Cuban Criticizes SEC’s Gensler Over NFT Regulation and Crypto Policies Crypto Investor Turns $800 Into Over $3.5 Million Through Popular Hippe-Themed Memecoin Sovryn Partners with B² Network to Elevate Bitcoin DeFi Solutions Meta Unveils Open Source Llama 3.2: AI That Sees And Fits in Your Pocket Cardano (ADA) Eyes 20% Price Surge – Funding Rate Suggests Increasing Demand Important Currencies Other Than Bitcoin Shaping the Future of Decentralized Finance Trader Says Bitcoin Set To Rip Past Six-Figures After US Election – Here’s His Price Path New York Judge Rules Tornado Cash Co-Founder Roman Storm Must Face Trial in Money Laundering Case Bitcoin (BTC): Double Bottom or Head and Shoulders? Dogecoin (DOGE) Price Goes Through 5% Surge, Ethereum (ETH) at Pivotal Market Level Tornado Cash’s Roman Storm case moves to trial as judge denies dismissal