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"Look at it... Bitcoin performed as we predicted. It dropped almost $2500 in a day. We have been informing you about this for the last 3 days. Hope you are safe ✅"
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U.S. Bitcoin ETFs saw +$31.4m net inflows today.
Blackrock's $IBIT inflow streak is at 71 consecutive days
🚨 LIQUIDATION ALERT 🚨
Short positions worth $2 billion could go up in smoke if BTC surges to $68,350
Bitcoin Update (Continuous)
🔹Bitcoin is forming a rising wedge, which is a bearish pattern, and the price can go down.
🔹A breakdown of this pattern could send it to the $63,500 area, which is its next support area.
🔹To invalidate this bearish structure, Bitcoin needs to close above $68,000.
Stay tuned for more information!✅"
📊Crypto Fear and Greed Index:
⏲Index Value : 72
🤔Sentiment : Greed
➡️BTC Price : $64,559
📍#Bitcoin Update (Continuous)
▫️Bitcoin is moving in the range of $60k to $65k.
▫️Expecting the price to touch the mark of $67,000, which is working as a resistance where the 50-day moving average is also lying.
▫️A candle closing above this will send the price above $70k. Soon, we will see new money flowing into Bitcoin.
▫️Tomorrow is the weekly candle closing, and the candle will close in the red.
Stay tuned for more information!!
#Bitcoin block reward has just halved! Nobody seams to really care except the OGs, but anyway
Happy Halving! 🥳
💰 BTC HALVING PRICE HISTORY:
🗓 2012= $12 halving, $964 1yr later
🗓 2016= $663 halving, $2550 1yr later
🗓 2020= $8740 halving, $55801 1yr later
🗓 2024= ~$63300 at halving
📍#Bitcoin Update (Continuous)
▫️Bitcoin perfectly respected its support level and just bounced from it.
▫️For those who doubt the effectiveness of support and resistance, just take a look at this chart. 🔥
▫️The price is back to $65,000 and could soon reach $67,000.
Stay tuned for more information!!!
After 7 green candles, Bitcoin might end this month in red. ✅
Less than 2 weeks until monthly close.
What do you think, will it Close in ?🤔
Green👍 or Red 👎
📢In the past 24 hours 63,562 traders were liquidated
🟠The total liquidations comes in at $175.28 million
🟠The largest single liquidation order happened on OKX - ETH-USD-SWAP value $5.40M
▫️$INJ is making a bearish pattern called an ascending channel.
▫️We might see it break down, heading towards its support levels.
▫️The first support is at about $24, and the second one is near $23.4.
▫️ We could see a good bounce from these support levels.
Good project to accumulate in this Dip 🔥
⚡️ETH’s Layer 2s saw a significant increase in on-chain profits in March. Net on-chain profits reached $44 million, 4 times more than February.
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🚨$CELR/USDT : 1D
$CELR is making higher highs (HH) and higher lows (HL) above the 200 EMA. The price is currently consolidating over a support zone.
It's expected to bounce back from there and continue its bullish momentum. Wait for the price to break out of the $0.02618 level to go long and aim for the previous swing high as a potential target.
Buy : $0.02618
TP : $0.03733
SL : $0.01884
🔸Ethereum showing a descending channel formation (Bullish)
🔸We have 50 EMA support at $3362.
🔸Once the daily candle closes above the 50 EMA, we will likely see a good upward move.
🔸The major support area is $3000.
🔸As long as we hold this support, we can expect upward momentum.
Bitcoin update (continuous)
🔸Bitcoin is still trading inside the rising wedge pattern.
🔸The price attempted to break above the trendline resistance but was rejected.
🔸Once we break the lower trendline, we may see a downward move in Bitcoin.
🔸The immediate support area is $63,000.
Stay tuned!
The long liquidation has already been covered, and now it's time for the short positions to be liquidate
After a slight downward movement, we might see a favorable move in Bitcoin's price.
If Bitcoin returns to its all-time high, approximately $7.57 billion worth of short positions will be liquidated."
📍#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 Go Down.
🔹Important support is near $63,500 . A break below this level could send the price near $60,000 which is working as a strong important support level.
Stay tuned for more information!! ✅
• DXY: weekly close happened above the last week close, but the weekly candle doesn't seems like too bearish or bullish, I'mma say we see continuation for this chart to the upside.
• USDT.D: At a fairly decent level, Monthly high, weekly close 786-886 fib as well as the FVG, all this should be enough to create a retracement at least if not a trend reversal.
• BTC.D: Given the fact that this dropped quickly causing oversold oscillators on timeframes till 4h, a retracement here is likely, and for that and important level to watch for is the imbalance mid-white line area.. flip that go up, struggle there means more down.
• BTC: Currently, Btc has tapped last week close, Which means an UNDERSIDE retest of a resistance, so it should come down. Now while it comes down... If it held support at 50sma(64k) it can flip the main resistance here now(68k), but if I didn't manage to hold the support there, it's falling down to that green zone.
I'd say it will end up falling in the green zone. I see positive inflows for btc in CEX like binance and that's not a good sign usually.
• ETHBTC: Altcoin side seems a little okish, had a good run, can continue if it flips the 100sma and can go another leg high if it flips the bug resistance at 0.05(Weekly high, 200sma and monthly low).
I'm not confident longing or shorting alts on weekends so, staying away from future swings these days.
#Bitcoin Update (Continuous)
▫️Bitcoin didn't do much today. Everything looks similar to yesterday's chart, except that Bitcoin's halving is done, and now only 450 Bitcoin will be made each day instead of 900.
▫️Starting from the 29th, people can start trading spot ETFs in Hong Kong, which is expected to bring in a lot of money.
▫️Bitcoin's next move might be to retest the symmetrical triangle and then drop from there."
Stay tuned for more information!!✅
ALERT: Michael Saylor Sold $370 Million of MicroStrategy Stock This Year
Hold onto your hats, Crypto Fam!
Michael Saylor, the Bitcoin bigshot, has been making some serious moves! According to CNBC, he's sold $370 million of MicroStrategy stock this year
He's still holding onto $2.3 billion worth of Class B shares though, so he's not out of the game yet.
He's been selling up to 5,000 shares every day until April 30th. That's just 11 days away.
And guess what?
MicroStrategy now has over 214,000 Bitcoin in their stash! They're a big player in the crypto world.
Keep an eye on Saylor—he's making moves, and the market's buzzing with excitement.
"Bitcoin dominance is showing bearish divergence and facing rejection from its upper trendline.
After the halving, it might drop, giving other cryptocurrencies a chance to shine."🔥
📍#Bitcoin Update (Continuous)
🔹Bitcoin is currently bouncing back from the support range of $59,000 to $60,000
🔹The price has tested this range multiple times, making this support week significant.
🔹There's a possibility that Bitcoin's price could drop below $59,000 if it again test this support area.
Stay tuned for more information!!✅
📍#Bitcoin Update (Continuous)
▫️Bitcoin is forming a falling wedge pattern on the 4-hour time frame, and we're also seeing bullish divergence.
▫️We expect a price breakout, possibly reaching the $65,000 to $66,000 range.
▫️If this pattern doesn't hold,no worries! We've got support around $60,000. Just need to keep an eye on any news related to war to avoid negative impact.
Stay tuned for more information!! ℹ️
"Take a look at the funding rates, guyz.. . They're now flipping to negative. This is a good sign for the market, as long as no negative news about war comes up."🤞
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Big Bullish News😍
🇭🇰 Hong Kong approves spot #Bitcoin & Ethereum ETF application.🚀