BREAKING: Russia 🇷🇺 prepares for total Bitcoin Ban as geopolitical tensions rise.
“Digital rubles will be allowed. The need for a ban is due to the fact that #Bitcoin is a currency that replaces the ruble in the country” - Aksakov, Chair- Financial Market.
#Bitcoin Update(Continuous)
▫️Bitcoin's price hasn't really changed much, just like yesterday, it's moving slowly.
▫️Soon, big institutions might start buying again, which could make the market better.
▫️Tomorrow is weekly candle closing and we will see closing in Red.
Stay tuned for more information!!
-Solana price has been following a Trendline since November 2023.
- Now, the price is close to this Trendline.
- If it gets rejected, it could bounce back, maybe hitting $150 or more.
- But if it breaks the Trendline, it might drop below $100.
- In that case, you should must take entry in Solana..
#Bitcoin Update (Continuous)
🔹Expecting a reversal from the level of $63,500, which is working as immediate support.
🔹Price can touch $66,800. A break above this level will send the price to $69,000.
🔹After 30th April, we may see new money injected into crypto, which could surge its price.
🔹The market is still a bit volatile, so be careful and trade safely.
Stay tuned for more information!!
📍Bitcoin Update Continuous
- Bitcoin is doing what we thought, trading near $64,000.
- Things might get bullish after April 30 when ETF trading begins in Hong Kong.
- Bitcoin might dip to $62,000 before bouncing back.
- Pending short-side liquidation with negative funding rates.
Stay tuned for more information!!
🔸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 closed its fourth consecutive weekly candle in the red.
▫️The Bitcoin balance on Exchanges hit a 6-year low, and is down 8% since 1/1/2024 which is Positive sign..
▫️We also have the FOMC rate decision on Wednesday so This week is going to be volatile.
Stay tuned for more information.✅
1. The market might not be great right now.
2. Big institutions are selling, but things could change soon.
3. Don't manipulated by these institutions selling
4. The market is fundamentally strong.
5. We will soon see a supply shock
6. According to bybit reports, 80% of the supply has been depleted in OTC, and it's predicted that supply will be finished in just 9 months on exchangs
#Bitcoin Update (Continuous)
▫️Bitcoin has once again begun to decline and has broken its immediate support level of $63,500 because it failed to hold its position there.
▫️It is moving within a falling wedge pattern and has been rejected from the upper trendline.
▫️It is possible that Bitcoin may revisit the $60,600 level, or even fall further below it.
Stay tuned for more information!! 🚀
🚨🚨Dump Reason :
➡️ The US GDP data came out lower than expected, leading to a price drop.
➡️ Post-halving correction is mainly due to mining adjustment and hashrate fluctuation."
➡️ Biden plans to implement a 44% tax on realized capital gains and 25% on unrealized gains.
➡️ Samourai Wallet's CEO and CTO allegedly enabled $2B in illegal transactions, including $100M in Dark Web money laundering.
"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 ✅"
Читать полностью…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 👎