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💰 BlackRock filed with the SEC to purchase spot #Bitcoin ETFs for its Global Allocation Fund.
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#REVIEW BITCOIN
Here you can see the global range and local range, which was just faked to the upside. Everything is simple: every top of every range is resistance, while bottoms are supports.
Bulls have a variety of ways to drive #BTC to new highs. These are most natural:
1. Instant pump above $67600 and then to new highs.
2. Fakeout of $64700, then pump.
3. Fakeout of $63700, then reclaim of the local range and pump.
As you can see, there's no point in going long right away. Instead, just wait for one of these opportunities to catch the best entry!
Bitcoin Update (Continuous)
🔹Historically, whenever Bitcoin breaks its all-time high, it triggers a significant upside rally.🔥
🔹 If this pattern repeats, and there's a breakout with proper candle closing, we can expect a massive upside rally in Bitcoin's price.
Stay tuned for more info✅
#BTC review checklist:
✔️ The price is above grey Fibo (even above 0.5)
✔️ Blue zone worked as a support level
✔️ Funding is back to neutral
In a nutshell: #BTC is going flat or higher, alts are going higher.
#Bitcoin Update (Continuous)
🔹Bitcoin's price stayed strong above the $65,000 support.
🔹It saw an impressive 8% surge, reaching close to the previous all-time high.
🔹The highest point in this rally was $68,786.
🔹Currently, Bitcoin is undergoing a retest after reaching this high.
🔹The initial major support level is at $66,000 closes below it might trigger a significant downfall .
Stay tuned for more information!! ✅
#SOL is ready for new highs! Simple TA: the price is accumulating above main horizontal resistance ✍️
Blue zone is for buying, my targets are on the chart!
🚨 MASSIVE $USDT MINTING ALERT 🚨
$1 BILLION #USDT has been MINTED at TETHER TREASURY!
USDT supply reached 100 BILLION for the first time
Since the beginning of the year, the USDT issuer has minted 6 BILLION USDT to meet high demand.
The stablecoin tsunami continues to sweep across crypto markets!
Source: https://etherscan.io/block/19354073
This wallet has purchased an average of 100 #Bitcoin per day since November 2022.
It now holds 51,164 $BTC worth $3.1 billion.
🪙 #XRP/USDT is testing the key zone on weekly timeframe💡
More upside if we break above the one📈
World Indices :
SPX - 5,069.76 (-0.17%)
Cryptocurrencies :
Bitcoin USD - 62,976.44 (4.02%)
Ethereum USD - 3,481.96 (3.76%)
Commodities :
Gold - 2,053.60 (0.53%)
Crude - 78.84 (0.38%)
Silver - 22.88 (1.08%)
📍#Bitcoin Update (continuous)
🔹Bitcoin's price stayed strong above $58,000, gained over 20% and overcame obstacles at $60,000 and $62,000.
🔹The primary challenge for bulls is visible near the $68,000 zone.
🔹With continued bullish momentum, the price might surpass $65,000 and even test $66,400.
🔹If the price closes below $60,000 support, there could be a decent pullback towards the $58,000 zone.
Stay tuned for more information!!
World Indices :
SPX - 5,078.18 (0.17%)
Cryptocurrencies :
Bitcoin USD - 60,518.67 (6.02%)
Ethereum USD - 3,355.20 (2.59%)
Commodities :
Silver - 22.68 (-0.34%)
Gold - 2,044.40 (0.01%)
Crude - 79.10 (0.29%)
📍REVIEW ALTCOINS FRACTAL
Recent memecoins pumps remind me of similar market pattern. I've already seen this before: in January 2021!
The altcoins market cap chart is exactly the same! Similar 3-step upwards consolidations through the whole way up, similar #BTC pump together with memecoins ✍️
The continuation is simple to predict: further growth in macro terms!
MicroStrategy Purchases Additional 3,000 #Bitcoin
1⃣ MicroStrategy Makes ANOTHER Massive $155 Million Bitcoin Purchase at $51533 per BTC
2⃣ Purchase of 3,000 BTC confirmed on Feb 25, 2024
3⃣ Bring their total stash up to a COLOSSAL 193,000 $BTC at an Average Price $31,544 Per Bitcoin 🤯
4⃣ Total Value is $11B & Profit is $4.91 Billion ( 78% Up )
5⃣ That's over 0.9% of the entire BTC supply purchased by just ONE company!
Who else is HOLDING their $BTC with diamond hands like Saylor?
Give me a hell yeah! 💎✋🚀
90-day website traffic to crypto exchanges has increased 45% from the Aug-Oct figures, suggesting that retail is gradually returning to the market
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🔹$DYDX is close to its resistance level, suggesting a potential breakout soon.
🔹After the breakout, it might show a strong increase in price.
🔹Holding it for the long term could result in good returns during this bull market.
🔹Consider buying it around 3.9 to 3.6.
🐝 Bitcoin Smashing ATH 2020 vs 2024
The current formation of breaking the ATH is very similar to the 2020 Q4:
- Bearish pattern that was broken upwards
- First touch of the ATH and pullback downards
- Second touch of the ATH must happen soon
- Some consolidation on the way downwards should happen after
And final breakout that will lead to the growth continuation must happen on the third touch!
Wowwww 🔥🔥Bitcoin Just hit $69,000😍😍😍 New All time High 🚀🚀
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📢 Total crypto market cap has broken above $2.5 trillion.
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$ARB looks ready for a breakout from here . Retest here and we will see a good rally in this one
Entry -: $1.99 - $1.85
Tp-: 2.28 - 2.5 - 2.7 - 2.9
Bitcoin ETFs are growing.
Gold ETFs are losing funds.
#BTC
Bitcoin is trading inside a triangle pattern and nearing an breakout point🧐
Sideways action expected over weekend😴
Breakout possibly on Monday📈
Retail is not back into crypto yet according to cryptoQuant data.
All these pumps are from large companies.
💰 $SOL is breaking out of Ascending Triangle formation on daily timeframe📈👀
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New record for Bitcoin ETF trading volume is officially $7.69 billion. Previous record was $4.66 billion from launch day
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💰 New Tweet from Michael Saylor :
"You do not sell your #Bitcoin"
✅ 93.5% of all the #bitcoin has been mined successfully as of today.
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