#Bitcoin Update (Continuous)
🔹Bitcoin recently broke out of an ascending triangle pattern and is now undergoing a retest.
🔹If Bitcoin continues to follow this pattern:
🔹 We could soon see its price reach $73,000, which is acting as a significant resistance level.
🔹 A break above this resistance could potentially push the price even higher, possibly reaching $75,000.
Stay tuned for more information!! ✅
#Bitcoin Update (Continuous)
🔹Bitcoin bounced back from its support level and is now above $70,000.
🔹The next hurdle is at $72,000. If it surpasses $72,000, it could reach $73,000.
🔹Keep an eye on $75,000 as significant liquidation opportunities for big players might occur there.
Stay tuned for more information!!
Just In: Philippines SEC Takes On Binance
The Securities and Exchange Commission (SEC) of the Philippines has just made a bold move against #Binance the global cryptocurrency giant.
They’re putting their foot down and blocking access to Binance in the country. 🚫
🚨🚨 𝐓𝐡𝐞 𝐍𝐞𝐱𝐭 𝐍𝐚𝐫𝐫𝐚𝐭𝐢𝐯𝐞 𝐖𝐢𝐥𝐥 𝐛𝐞 𝐨𝐧 𝐁𝐀𝐒𝐄👇
- #BASE 24hrs Volume: $2.2B
- #BSC 24hrs Volume: $855M
- #Solana 24hrs Volume: $1B
The indication is clear: the next successful trend will be written on Base.🤞
It's just starting🔥
- The amount of Bitcoin available on exchanges is the lowest it's been in 4 years.
- It has dropped by nearly 40%.
- There are no signs that this decrease is slowing down before the upcoming halving event.
REVIEW BITCOIN
I've been observing the market for 2 days, still don't know how #BTC tricked me. I honestly thought that $65k is a solid support.
Nothing crazy though and what's more important - #BTC is still bullish! I suppose that yesterdays low was the higher low and now I wait for continuation higher!
Juicy descending resistances are above, bulls can use them as trampolines. Let's drive it to new highs!
#Bitcoin Update (Continuous)
🔹Bitcoin went down after going over $68,000. It's trying to stay above $64,000.
🔹More people are taking money out of ETFs, which is making things a bit negative.
🔹However, our long-term outlook remains bullish unless Bitcoin falls below $58,000 with a weekly candle closing.
Stay tuned for more information!!
Yesterday, Bitcoin spot ETFs saw total net outflows of $94m. Grayscale ETF GBTC had a total outflow of $1.83b this week.
Читать полностью…How a #Bitcoin Whale Is Making Waves and Profits
➡️ This whale has grabbed 4,451 BTC, spending $294.6 million
➡️ They bought these at an average price of $66,195 per BTC from #Binance
➡️ As $BTC price climbs, investor is already seeing profits of around $3.35 million
➡️ Just today, they added another 673 BTC to their stash, buying each at $67,111.20
Track Whale Address: https://bitinfocharts.com/bitcoin/address/1L7gnfBJhK9ZwUcw2Lx93BPHmcd1tsxeTs
📍Bitcoin Update (Continuous)
🔹Bitcoin exactly bounced from the support level of $60,000 and pumped almost 12% in a day.
🔹Next immediate resistance is near $68,800. A break above this level could send the price near $70,000
🔹Immediate support is near $65,500. Bitcoin need to maintain its position above this level.
Stay tuned for more information!! ℹ️
#BTC stays in lower range for now. Nothing really changed since the last review, supports and other levels are actual!
Читать полностью…⚡️The Ethereum Foundation is under investigation by an unnamed "state authority," according to the group's website's GitHub repository.
➡️GitHub commit says "we have received a voluntary enquiry from a state authority that included a requirement for confidentiality."
📢 Net Bitcoin ETF flows were negative for the second day in a row, a combination of increased outflows from Grayscale and lower demand for the new ETFs in the US.
🔗 Source: Click here
🚨Breaking New 😱😱
US Government brings criminal charges against crypto exchange Kucoin and its founders for a 'multibillion-dollar criminal conspiracy'.
$6.05 Billion Transferred Overnight in Mysterious Mega-Transaction
The 5th Richest #Bitcoin Wallet Makes a Monumental Move
Wallet ID “37X” has just shifted nearly its ENTIRE fortune - a staggering 94.5K BTC, equivalent to $6.05 BILLION in the early hours of Saturday, March 23rd.
This colossal transaction has been the buzz of the crypto world, as these bitcoins hadn’t stirred since 2019.
Remaining in “37X” now is 1.4 $BTC
📍#Bitcoin Update (Continuous)
▫️Bitcoin stayed strong above $64,000 mark.It rose above $66,500 but faced resistance at $67,500 and $68,000.
▫️ It peaked at around $67,614 and is now stabilizing.
▫️ If it breaks $68,000, it might keep going up, possibly reaching $69,200 and then $70,000.
Stay tuned for more information!!
Market Overview:
BTC : $65660
ETH : $3398.04
BNB : $561.06
SOL : $176.52
Dominance :
BTC : 49.32 %
ETH : 15.59 %
Stables : 5.20 %
Market Cap :
Total : 2.61T
DeFi : 103.39B
24hr Vol : 80.22B
Don't miss the Bitcoin bottom!
From $15,500 to $73,800, #Bitcoin has experienced 4 pullbacks between 20% and 23%
Each pullback presented a good buying opportunity for #alts and $BTC
Currently, #BTC is 18% down from its ATH signaling that a bottom is near
The #Bitcoin Funding Rates are extremely low again.
Liquidity flushed out.
Looking bullish.
Market Overview:
BTC : $62770
ETH : $3294.03
BNB : $544.73
SOL : $168.65
Dominance :
BTC : 49.22 %
ETH : 15.76 %
Stables : 5.40 %
Market Cap :
Total : 2.51T
DeFi : 99.37B
24hr Vol : 134.28B
Altcoins Market Cap Forming Similar Historical Pattern.
1) Prices drop quickly.
2) Prices stay low for a while, forming a W shape.
3) Prices rise sharply.
Right now, altcoin season is starting, but it's still in the early stages.
💰 #SuiNetwork Macro Scale
#SUI broke out of Rounding Bottom accumulation and produced a positive retest🧐
I am Bullish at this projection in both Mid & Long-Term🚀
🎯short-term target 2.8$
🎯mid-term target 3.7$
🎯mid-term target 4.5$
🎯mid-term target 5.4$
🎯long-term target 10$
Personally I will also have a Moonbag💼 for prices above 10$
⚡️ The next Bitcoin halving is expected to take place in April 2024 which is less than 30 days from now.
📈 Do you think bitcoin can break or hit 100k before halving?👀
Yes: 🔥
No: ❤️
More #ETH FUD comes in! Gary Gensler really wants to buy the dip 🙃
Institutions want to buy cheap ethers before ETH ETF comes in the market
📍#Bitcoin Update (Continuous)
🔹 Bitcoin has broken down its support level of $62,000 and has now reached $60,000, in line with our expectations.
🔹 Bitcoin needs to maintain its position above this level; otherwise, we may witness further bearish movements in the price.
🔹 The next crucial support level is around $58,000. A breach below this level could potentially push the price towards $55,000.
Stay tuned for more updates!! ✅
💰 #Solana Macro Scale
Mid-Term Target of $207 reached perfectly🎯
Now we'll see a short-term correction before further upside❗️
Long-Term remains intact🚀
REVIEW BITCOIN UPDATE
I wasted my day analyzing the market hard 😑 Now here are main thoughts.
First of all, red Fibo retracement is key. If BTC price ever trades below 0.382 level which is around $59700, this correction becomes a legit downward movement. This is super bad for bulls and basically delays bull market for months!
Thus, I don't think that with halving in a month anyone would like to dump there! This $60k area becomes the ultimate support and a great buy zone. Also note how BTC bounced off 0.5 Fibo level, this indicates its importance!
Gameplan is simple: BTC forms lower range at $60k - $65k, or BTC comes back inside blue range. So best buys are $60k and acceptance above $65k! Never short this market, as we are still in big bull market!