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▫️This is a funding rate heatmap.
▫️The yellow color indicates that funding rates are turning positive, suggesting increased long positions.
▫️Currently, we're observing the funding rate gradually becoming slightly positive again.
▫️Additionally, Bitcoin dominance is approaching its support level, indicating a possibility of a minor correction in altcoins.
👩🚀 #REVIEW BITCOIN FRACTAL
Are we witnessing the start of the parabolic curve or just the casual bullish pennant breakout? This is the question no one has answer to.
As you can see, the structure is deadly similar, same bullish pennant just around previous ATH! In late 2020 and early 2021 this became the most crazy parabolic run of all time. Right now the price action is the same, but timing is different: we haven't even hit halving point yet!
Answering the main question, I think we'll likely see the casual breakout with no insane runs. The reason is simple: #BTC became another stock after all these ETFs. Stock market enjoyers are tend to book even tiny profit, thus we may have a lot of stops along the way.
However, it's never bad to free your mind and dream! This chart is for you, my fellow dreamers ❤️
▫️Last time when Bitcoin was above $69,000, funding rates were very high.
▫️But currently, when Bitcoin is above $69,000, funding rates are normal, which is a positive sign.
What do you Think 💬 Will Bitcoin make New All time high This week❓
Yes 👍 No👎
📌Base L2 is now doing more transactions than Ethereum L1 and Arbitrum combined📶💰
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📍#Bitcoin Update (Continuous)
🔹The price of Bitcoin is currently fluctuating significantly, moving within the range of $64,000 to $68,000.
🔹As long as the price of Bitcoin stays above $59,000, there is no cause for concern.
🔹However, if Bitcoin breaks below this level, we may see further drops in the price.
🔹Overall, we are still in a bullish trajectory.
Stay tuned for more information!! ℹ️
🚨 Big News
DWS, a giant company that handles $932 billion, just started a new #Bitcoin thing in Germany 🇩🇪
It's a big deal for people who like Bitcoin because it means more people might start using it.
Go Bitcoin! 🚀
#Bitcoin Update (Continuou)
▫️Bitcoin is having trouble going past $66,500 and $67,000.
▫️ It briefly went over $66,000, but then the price dropped again because sellers were active.
▫️The next big resistance is around $68,750.
▫️If Bitcoin break above this, it might reach $70,000 soon.
Stay tuned for more information!!! ✅
📢In the past 24 hours: 120,118 traders were liquidated
🟠The total liquidations comes in at $394.48 million
🟠The largest single liquidation order happened on Binance - BTCUSDT value $10.02M
Weekly chart is also fine for #BTC bulls! Step by step the price moves higher and forms reliable support levels.
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📍Bitcoin Update Continuous
▫️Bitcoin is forming a double top pattern, a bearish signal. There's a possibility of a price drop.
▫️Bitcoin has closed seven consecutive monthly candles in the green, a first in its history.
▫️Additionally, the monthly candle recently closed above $69,000 for the first time ever.
Stay tuned for more information!! ✅
$𝟯𝟵𝟬,𝟬𝟬𝟬,𝟬𝟬𝟬𝗠 𝗧𝗢𝗞𝗘𝗡 𝗨𝗡𝗟𝗢𝗖𝗞 🚨🚨
Here is the list of the top 7 unlocks from April 1 to April 7👇
$SUI - $124.76M
$DYDX - $114.52M
$NEAR - $67.32M
$ORBR - $23.85M
$DYM - $22.69M
$BICO - $18.75M
$AI - $18.50M
#Ethereum is forming a falling wedge which is typically considered a bullish pattern.
If Ethereum continues to follow this pattern, it suggests a potential breakout to the upside, indicating a bullish move in price."🔥
🚨🚨 In the last cycle, #altcoins rallied 21x after the Bitcoin halving! 🔥
With the halving just 20 days away, could history repeat? 🤔
A conservative target:
3x to $4 trillion for the altcoin market cap! 🤑
Dips are for buying; don't miss out! 🤝
📍#Bitcoin Update (Continue)
🔹Bitcoin faced rejection from its resistance level of $71,000 and is currently declining.
🔹The next immediate support area is around $69,000.
🔹A break below this support level could potentially lead the price towards $67,000.
🔹Bitcoin's bullish momentum depends on it maintaining its position above $70,000.
Stay tuned for more information!! ✅
🚨 Liquidation Alert 🚨
$10 billion of longs will get liquidated if #Bitcoin hits $56,000.
If #BTC reaches $76,000 from here, then $4 billion of shorts will get liquidated.
📍#Bitcoin Update (Continuous)
▫️Bitcoin broke out of the symmetrical triangle pattern.The price reached the $72,800 mark.
▫️It is currently experiencing a retracement. During this retracement, it may find support along the trendline.
▫️The next immediate support level is around $70,000.
▫️A break below this level could potentially drive the price towards $68,000.
Stay tuned for more information!!
#Bitcoin Update (Continuous)
🔹Bitcoin has nearly reached its upper trendline, and if it breaks through, we may witness a bullish move.
🔹Despite Bitcoin's weekly candle closing in the red, it closed above $69,000, indicating bull are actively buying the btc.
🔹 But if it got rejection from its Trendline we may see the price will touch the support level of $65,000
Stay tuned for more info!!✅
Bought some $OLLIE for next 5-7 days.
Very Risky Trade, Ig you want you can buy too
CA: CrYCaVeEjGkEtTYV9R8KLTRvuaeKS27GMTbENodmh4tC
Its Very Risky Can go 10x or 0 So DYOR
📍#Bitcoin Update (Continuous)
🔹Bitcoin has broken the $69,000 mark, and if the bullish movement continues, we may witness a breakdown of the symmetrical triangle pattern.
🔹With only a few days left until the halving, interest in Bitcoin is expected to increase.
🔹The next important resistance level is $71,000. Breaking this could potentially lead to a new all-time high.
Stay tuned for more information!!
#Bitcoin Update (Continuous)
▫️Yesterday, Bitcoin crossed $69,000. However, the price fell back down because the bulls were active.
▫️Currently, Bitcoin is forming a SYMMETRICAL TRIANGLE.
▫️If it breaks down, we might see the price drop to $60,000.
▫️But if it breaks out, the price could surpass its all-time high.
Stay tuned for more information!! ℹ️
Big News: 6.6 Billion in BTC$BTC Shorts Could Vanish if #Bitcoin Hits $75,000 📉
And guess what?
If that happens, Bitcoin's price could shoot up even higher.
#Bitcoin Update (Continuous)
▫️Bitcoin did what we expected – it formed a double top pattern and the price went down.
▫️The CME gap is almost filled, indicating Bitcoin's price might turn around.
▫️Right now, it's facing resistance at around $68,000. If it breaks past this, the price could head towards $70,000.
Stay tuned for more information!!
Volatility alert🚨
💰 Bitcoin is dumping hard from yesterday and hits $66,000 today.
🟠Keep your funds safe and don’t trade aggressively.
📢In the past 24 hours , 79,530 traders were liquidated.
🟠The total liquidations comes in at $216.04 million.
🟠The largest single liquidation order happened on OKX - ETH-USD-SWAP value $7.00M
🐶 #DOGE APRIL FRACTAL
Here's the cheat code for memecoins lovers: #DOGE always pumps in early April!
During last 5 years #DOGE marked the local bottom on April 1st. Sometimes the pump came a bit later, but still was big! The smallest one was in 2020, the biggest one was in 2019 and made more than 100% profit for buyers!
Given the fact that memecoins are on fire, I see no reason to ignore #DOGE!
📍Bitcoin Update Continuous
🔹Bitcoin is currently forming an ascending triangle pattern on the 4-hour timeframe.
🔹 This pattern is considered bullish, indicating potential upward movement in price.
🔹 If Bitcoin follows this pattern, a breakout is expected, leading to a price increase.
🔹 The next significant resistance level to watch for is around $71,000.
Stay tuned for more information!!
UK Cracks Down: UK Regulators Warn Jail for Misleading Crypto Influencers 🚨
Quick Hits:
🔹No Misleads: Financial advice must be fair, clear, and not misleading.
🔹 Serious Penalties: Up to 2 years jail or an unlimited fine for rule breakers.
🔹 Transparency a Must: Disclose any financial interests in promoted assets.
🔹 Meme Caution: Even meme-driven crypto promotions are under scrutiny, whether on Reddit, Telegram, or other platforms.
🔹 Volatility Alert: Memecoins are notorious for their quick gains and losses.
🔹 Guidance Available: The #FCA offers advice to influencers on navigating the legal landscape.
💡 Remember: Influence responsibly. It’s about the law, not just likes!
If Bitcoin surpasses $72,300, over $3.6 billion worth of short positions will be liquidated.😱
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🚀Larry Fink, CEO of BlackRock, says that their Bitcoin ETF is experiencing unprecedented growth, surpassing all previous ETF records.🔥
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📢Fidelity submits S-1 form for Spot Ethereum ETF, includes Staking.
🔗Source: Click here