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#Bitcoin Update ( Continuous)
🔹Bitcoin performed exactly as predicted.
🔹In the last post, it was mentioned that a bearish move could occur in Bitcoin, potentially leading to liquidation in the form of Wicks
🔹This scenario unfolded as expected.
🔹Currently, 68000 is a strong support level for Bitcoin.
Stay tuned for more information!!
📍REVIEW BITCOIN
For the first time in some days the review is straightforward! Right now the priority is up only, but if #BTC goes back below $70k, $60k is next.
Easy gameplan: hold until higher or sell at $69k - $70k with the intention to buy back at $60k.
#Bitcoin Hit the mark of $73,000 New all time high 😍🔥🚀🚀🚀
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#BTC is still at $72k level, funding continues to cool off. No reason to call this a fakeout so far ✍️
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📍#Bitcoin Update (Continuous)
🔹 Bitcoin broke $70,000 and reached a new all-time high of $72,800.
🔹This is the first time in history that Bitcoin has reached a new all-time high before the halving.
🔹However, caution is advised as there is a significant number of open long positions.
🔹There is a possibility of a downward wick to around $65,000 to $63,000, which could lead to liquidation of long positions.
Stay tuned for more information!!
Spot buys follow derivatives ones! #BTC breakout becomes more and more convincing!
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The weird thing is there's almost no volume! This means that either this is a fakeout, either there was no real resistance 🧐
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#Bitcoin update (continuous)
💠Bitcoin has closed above its weekly candle resistance of $65,500 for the first time in History, indicating a bullish trend.
💠If Bitcoin undergoes a minor retest from this point and confirms its support, we may soon witness a bullish move in its price.
💠This bullish momentum could potentially lead Bitcoin's price above $70,000.
Stay tuned for more information 🔥
📢Arbitrum DAO revokes proposal for million-dollar donation to Tornado Cash devs over legal concerns.
🔗Source: Click here
💰 #Bitcoin is just following the path of Traditional Finance market🧐
#DJI - Dow Jones Industrial Average Index broke ATH & rising
#SPX - S&P 500 Index broke ATH & rising
#NDX - Nasdaq 100 Index broke ATH & rising
So far #BTC has a great correlation with #TradFi so eyes on👀
📉 Bitcoin Dominance has hit a major resistance trendline, historically a spot of rejection.
🚫 It's showing signs of rejection again.
📈 If dominance drops here, expect the altcoin season to kick off, like in 2017 and 2021.
💼 Time to gear up and invest in strong projects!
Top 7 Token Unlocks of the Upcoming Week
Worth Around - $ 2.79 BILLION 🔥
$ARB (76%) - $2.41b
$APT (7%) - $330m
$APE (3%) - $34.63m
$CYBER (6%) - $10.06m
$FLOW (0.2%) - $3.49m
$GLMR (0.4%) - $1.55m
$EUL (0.5) - $0.63m
Wow 🔥In just 8 weeks, Bitcoin ETFs have amassed over $54 billion in assets, which is more than 50% of the $96 billion held by Gold ETFs.🚀
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📍#Bitcoin Update (Continuous)
🔹Bitcoin is Forming a Rising wedge pattern which is bearish pattern.
🔹If Bitcoin follows this pattern we may see breakdown and price will do Down.
🔹Important support is near $65,500. A break below this level could send the price near $63,200 which is working as a Next important support level.
Stay tuned for more information!! ✅
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IF BITCOIN HITS $75,000 WE WILL
SEE $1,400,000,000 WORTH OF
SHORTS GET LIQUIDATED.😱😱
▫️ U.S CPI (MOM) (FEB) ACTUAL: 0.4% VS 0.3% PREVIOUS; EST 0.4%
▫️ U.S CPI (YOY) (FEB) ACTUAL: 3.2% VS 3.1% PREVIOUS; EST 3.1%
▫️ U.S CORE CPI (MOM) (FEB) ACTUAL: 0.4% VS 0.4% PREVIOUS; EST 0.3%
▫️ U.S CORE CPI (YOY) (FEB) ACTUAL: 3.8% VS 3.9% PREVIOUS; EST 3.7%
We are here. The parabolic growth hasn’t started yet.
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📢President Donald Trump says Bitcoin is an "additional form of currency" with a lot of use.
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Super high funding together with no spot volume means that this breakout was led by leveraged longs. Now spot traders may chase the price up or ruin the party and dump #BTC back below $70k 💀
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💰 CME #Bitcoin Open interest exceeded $10 billion for the first time and hit a new all-time high.
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📢 According to Santiment, the decreasing amount of 💰 Bitcoin available on exchanges suggests a shrinking supply, potentially leading to a surge in Bitcoin's price.
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$Altcoins that give me the same vibes🧐
💰 #Toncoin - #TON released a breakout of the weekly iH&S
💰 #Arbitrum - #ARB broke from weekly rounding bottom & bull flag above the one
⚪️ #LidoFinance - #LDO is about to break of weekly ascending triangle
🔵 #SuiNetwork - #SUI breakout of weekly rounding bottom + positive retest
⚫️ #Injective - #INJ breakout of weekly rounding bottom + bull flag
⚫️ #SpaceID - #ID is completing rounding bottom. Breakout is on the way
All coins have a great weekly structure and accumulated for 1-2 Years🔥
SEND THEM ALL #AltSeason 🚀🫡
📢El Salvador is up $74 million (+60%) on their Bitcoin holdings 🔥
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🚨$MASK / USDT : 1H
• The price is in an uptrend above the 200 EMA. It recently broke out of the resistance zone with strong momentum after bouncing back from the 200 EMA. We can expect the price to continue rising higher and form a new high.
Buy : $5.129
TP : $5.811
SL : $4.679
THE CUREENT STATE OF THE MARKET:
🇯🇵Japan's Nikkei is trading just below its all-time high.
🇩🇪Germany's DAX is at a new all-time high.
🇺🇸The S&P 500 $SPY is at a new all-time high.
🇺🇸The Nasdaq 100 $QQQ is at a new all-time high.
🇺🇸Nvidia $NVDA hits new all-time high.
💰 Bitcoin hits new all-time high.
🥇Gold hits new all-time high.
HOLD YOUR $ALTS TIGHT❗️
Here is a review on #Altcoins Market Capitalization💁♂️
#Alts are pumping in Three Phases🧐
Phase 1 - Breakout of accumulation and rise up to Swing High (Dead Cat Bounce)
Phase 2 - We are filling the Gap between ATH & Dead Cat Bounce
Phase 3 - We are breaking All Time High and going Wild Mode
We are now only in Phase 1 → Big Profits are still ahead🚀
🎯Bull Market Target - $1.66 Trl
🎯Bull Market Target - $2.5 Trl
" How much would Bitcoin be worth if it mirrors gold’s ETF rally?🚀
If Bitcoin were to follow a similar path as gold's ETF rally, when gold's ETF was approved in November 2004, its price surged by almost 370%. 🔥
If we calculate a similar increase for Bitcoin, starting from around $40,000 when its ETF is approved, the price could potentially reach around $180,000.✅