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Bitcoin Rally Pushes Crypto Into Green for September, But Alts Are Lagging: Analysis
Yahoo Finance· 2025-09-30 22:19
Market Overview - Bitcoin is currently trading above $114,000, showing resilience with a nearly 1% increase despite broader market weakness, and is described as entering a "cooling phase" that may lead to an upward move [3][6] - The global cryptocurrency market cap is approximately $4 trillion, with Bitcoin and Ethereum both experiencing modest rebounds, while many altcoins are struggling [6] - The Altcoin Season Index has dropped from 77 to 58 points, indicating a shift in trader sentiment towards Bitcoin or exiting the market entirely [4] Technical Indicators - Bitcoin maintains a golden cross formation, with the 50-day moving average above the 200-day moving average, suggesting a bullish medium-term trend [2] - The Average Directional Index (ADX) for Bitcoin is at 18, indicating a lack of strong trend establishment and leaving the market vulnerable to external shocks [8] - The Relative Strength Index (RSI) for Bitcoin is around 50, reflecting a balanced market, while the Squeeze Momentum Indicator has flipped bearish, suggesting a wait-and-see environment [10][11] Sentiment and Predictions - Prediction market data shows a 74% expectation of further declines in Bitcoin's price before the next trading session, with traders split on the next direction [11][12] - Myriad traders have placed 53% odds on Bitcoin moving towards $125,000 and 47% on a dip back to $105,000, indicating mixed sentiment [12] Cardano (ADA) Analysis - Cardano is currently trading just above $0.80, down approximately 1% today, and is 74% off its all-time high of $3.09 [13] - The 50-day EMA is above the 200-day EMA, indicating a long-term bullish structure, but short-term momentum is soft, with a potential "death cross" looming [15][16] - The RSI for ADA is at 40, suggesting bearish-to-neutral territory, while the ADX at 22 indicates a lack of decisive trend [17] Dogecoin (DOGE) Analysis - Dogecoin has fallen 3.3% to $0.227, testing critical support levels, with immediate support at $0.227 and resistance at $0.236 [19][26] - The 50-day EMA is above the 200-day EMA, indicating a constructive longer-term setup, but near-term weakness is evident [21] - Despite current challenges, there is optimism regarding a potential Dogecoin ETF approval by year-end, which could attract institutional investment [23][24]
Bitcoin Bounces as Crypto Market Turns Green: Where Do Prices Go Next?
Yahoo Finance· 2025-09-29 18:38
Market Overview - The Average Directional Index (ADX) for Bitcoin is at 18, indicating a lack of clear trend in the market, with Bitcoin trading sideways for weeks [1] - The Relative Strength Index (RSI) for Bitcoin is at 52, suggesting a neutral market where neither bulls nor bears have decisive control [2] - Bitcoin has shown a measured recovery, gaining 1.85% to close at $113,985, with an intraday peak of $114,309 [3] Economic Context - The Federal Reserve cut its benchmark rate by 25 basis points to a range of 4.00%-4.25%, with ongoing uncertainty around inflation [4] - The total market capitalization of cryptocurrencies has rebounded to $3.91 trillion, up 3.29% in the past 24 hours, with 95% of the top 100 cryptocurrencies posting gains [5] Technical Indicators - Bitcoin's 50-day EMA is above the 200-day EMA, indicating bullish sentiment, but the gap is closing, which may lead to a "death cross" formation if the trend continues [7][8] - The ADX for Solana is at 27, suggesting that bulls maintain control despite modest gains [14] Predictions and Sentiment - On Myriad, traders place the odds at 46% that Bitcoin will hit $125K before $105K, reflecting a cautious market sentiment [9] - Predictions for Solana hitting a new all-time high have dropped to 40%, down from 65% just over a week ago [16] Key Levels - Immediate support for Bitcoin is at $108,000, with resistance at $114,309 and strong resistance at $117,000 [12] - For Solana, immediate support is at $204.82, with strong support at $200.00 and immediate resistance at $213.58 [18] Upcoming Events - The upcoming SEC decisions on Solana ETF applications could serve as a catalyst for institutional flows, with a 90% approval chance estimated by Bloomberg analysts [15]
Golden Cross: Lithium Americas (LAC) Rockets 90%+ As Trump Eyes 10% Stake - Lithium Americas (NYSE:LAC)
Benzinga· 2025-09-24 18:08
Core Viewpoint - Lithium Americas Corp (LAC) shares surged over 90% due to government actions, General Motors (GM) commitments, and retail investor enthusiasm, triggering a Golden Cross, indicating positive momentum ahead [1][6]. Government Actions - Reports indicate that the Trump administration is seeking up to a 10% equity stake in Lithium Americas' Thacker Pass lithium project as part of a Department of Energy (DOE) loan renegotiation [2]. - The DOE is reevaluating Lithium Americas' $2.3 billion loan due to concerns over cheaper Chinese lithium, with intentions to secure equity and require GM to relinquish some control over the project [2][4]. Analyst Insights - JPMorgan analyst Bill Peterson notes GM's involvement supports Thacker Pass' development, but details of revised loan or offtake agreements remain unclear [3]. - The potential offering of no-cost warrants for 5-10% of shares could dilute existing shareholders, adding uncertainty to the valuation of a government stake [4]. Technical Analysis - LAC has triggered a Golden Cross, with its 50- and 200-day simple moving averages supporting a bullish case; the MACD is at 0.31, and the RSI has reached an overbought level of 86.5 [6]. - Analysts suggest the post-market surge is amplified by low liquidity and a short interest of around 12% of the float, creating a classic short-squeeze environment [7]. Broader Industry Context - The situation with Lithium Americas reflects a broader trend of the U.S. government taking direct equity stakes in companies critical to domestic supply chains, particularly in sectors where China has a dominant position [8]. - The developments surrounding Lithium Americas highlight a new era where Washington is becoming an active equity investor in critical materials, intertwining politics with the lithium market [9].
X @Crypto Rover
Crypto Rover· 2025-09-22 09:42
Market Trends - History is repeating, suggesting a potential recurrence of a past market pattern or trend [1] - Golden Cross indicates a bullish trend in the market [1]
X @Ash Crypto
Ash Crypto· 2025-09-21 11:32
Market Trend - Golden Cross has happened, indicating a potential bullish trend [1] - Parabolic gains are expected in Q4, suggesting a significant upward price movement [1]
X @Crypto Rover
Crypto Rover· 2025-09-20 10:58
$OTHERS.D golden cross inbound.Allocate accordingly. https://t.co/GvcwoHrf9W ...
Should You Buy Shattuck Labs, Inc. (STTK) After Golden Cross?
ZACKS· 2025-09-19 14:55
Core Viewpoint - Shattuck Labs, Inc. (STTK) is showing potential for a bullish breakout due to a recent "golden cross" in its moving averages, indicating a key technical support level has been reached [1][3]. Technical Analysis - STTK's 50-day simple moving average has crossed above its 200-day simple moving average, forming a "golden cross," which is a bullish signal for traders [1]. - The golden cross pattern typically follows a downtrend, indicating a reversal to an upward trend, and is considered a stronger breakout signal due to the longer time periods involved [2]. Performance Metrics - Over the past four weeks, STTK has experienced a significant rally of 149.3%, suggesting strong upward momentum [3]. - Currently, STTK holds a 2 (Buy) rating on the Zacks Rank, further supporting the bullish outlook for the stock [3]. Earnings Outlook - The earnings outlook for STTK is positive, with no earnings estimates cut and three revisions higher in the past 60 days, indicating confidence among analysts [3]. - The Zacks Consensus Estimate for STTK has also increased, reinforcing the potential for continued gains [5].
X @Crypto Rover
Crypto Rover· 2025-09-18 09:06
Golden cross for Ethereum.What's next is painfully obvious! https://t.co/CtuJF5dujI ...
After Golden Cross, Strawberry Fields REIT, Inc. (STRW)'s Technical Outlook is Bright
ZACKS· 2025-09-17 14:56
Core Viewpoint - Strawberry Fields REIT, Inc. (STRW) is showing potential for a bullish breakout as it has reached a key support level and experienced a "golden cross" in its moving averages [1][2]. Technical Analysis - A "golden cross" occurs when a stock's short-term moving average (50-day) crosses above its long-term moving average (200-day), indicating a bullish trend [2]. - The successful golden cross event consists of three stages: the stock price bottoms out, the shorter moving average crosses above the longer one, and the stock maintains upward momentum [3]. Performance Metrics - Over the past four weeks, STRW has gained 6.2%, indicating positive momentum [4]. - STRW currently holds a 2 (Buy) rating on the Zacks Rank, suggesting further potential for a breakout [4]. - Earnings expectations for STRW have improved, with one upward revision in the last 60 days and no downward changes, contributing to a bullish outlook [4]. Future Outlook - Investors are encouraged to monitor STRW for potential gains due to its key technical indicators and positive earnings estimate revisions [6].
Apple May Still Be a Hitmaker After All
Yahoo Finance· 2025-09-16 10:30
We just had a flashback to … well, every year between 2007 and 2020. Why? Because Apple may just have a hit on its hands. And, no, we’re not talking about The Studio, the Seth Rogen-led Apple TV+ satire that just had a record breaking night at the Emmys. We’re talking hardware. Early preorder data shows strong demand for the Cupertino company’s iPhone 17 and its ultra-thin Air model, despite both debuting last week to what felt like modest aplomb. READ ALSO: Buffett’s Berkshire’s Short Term Interest Rate ...