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Almost $200mil in longs were evaporated during the dump. The market has been cruel and derivates traders are the target.
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Bitcoin's dominance reaches its highest level since April 2021.
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#BTC price has been brewing inside a huge bullish flag for several months. Interesting thing: every time #BTC tried to escape, we got a double top pattern sending up back inside.
I believe this time will be different. Yesterday bulls were knocked out, but only to consolidate and once again attack the resistance later! Breakout is imminent 😶🌫️
🫡 BTC vs ETH (post-ETF period)
As you can see from the charts, Bitcoin and Ethereum look literally identical in the period of ETF approval.
Right after the approval on Bitcoin, we saw a small decline that was followed by a massive growth from $40,000 to $70,000!
At the moment Ethereum perfectly follows the path - there is a small dump, but after that we expect to see a BIG growth up to $5000 and higher!
I know that it's almost impossible to compare, but current vibes remind me of November 2020!
Same story when everyone got bullish at resistance and leveraged longs caused a sell off. Hopefully the fractal works 🙏
#BTC Massive Bull Flag 👀
It can break out here right away but I’d like to see one last short-term correction before that. Anyway, #BTC looks seriously bullish and the breakout is coming 🚀
🎯 Breakout target 1 - $86k
🎯 Breakout target 2 - $105k
🎤Donald Trump 2024 Bitcoin Conference Speech Recap:
➡️On day one I will fire Gary Gensler and appoint a new SEC chairman.
➡️Create a US Government strategic national Bitcoin stockpile if elected.
➡️US Government will keep 100% of Bitcoin it owns
➡️Bitcoin is going to the moon.
➡️Never sell your Bitcoin
➡️Bitcoin will one day probably surpass the market cap of Gold.
➡️I reaffirm my pledge to commute Ross Ulbricht's sentence.
➡️There will never be a CBDC while I am President of the United States.
➡️Bitcoin and crypto will skyrocket like never before if elected president.
➡️Bitcoin is not threatening the dollar, the current U.S. government is threatening the dollar.
➡️The United States will be the crypto capital of the planet and the Bitcoin superpower of the world.
➡️Bitcoin stands for freedom, sovereignty, and independence from government coercion and control.
➡️I pledge to the Bitcoin community that the day I take oath of Office, Joe Biden and Kamala Harris' anti-crypto crusade will be over.
Trump: “I will stop U.S. government selling seized Bitcoin”
“The U.S. government will keep 100% of the bitcoin it owns, this will serve as the base for a strategic Bitcoin reserve”
Bitcoin Pumping 🚀 Break the mark of $69,000.. The next important resistance is $70k.
What do you think, will BTC break this mark today?
Yes 👍🏻 No 👎🏻
Trump will speak in 5 hours, here's a flowchart of what to expect from #BTC 😁
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CZ (Changpeng Zhao), the former CEO of Binance, may be released from prison on 29September
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🐶 After famous Notcoin, Telegram organized new airdrop among users: #DOGS!
Your airdrop depends on
- account age
- telegram premium sub
- OG status
Check and claim your #DOGS here:
/channel/dogshouse_bot/join?startapp=-obhufG_T5SoOLzgcyqxPw
Who let the DOGS out?
Mt.Gox sent 33,960 Bitcoin ($2.25bn) to BitGo.
BitGo is the last custodian for the Mt.Gox Trust.
Mt.Gox now holds 46,160 BTC ($3.06bn).
Lower CME gap has been closed! Are we done with the dump? 🥹
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Why I Love BlackRock : $20 Billion in bitcoin in 6 Months!
🔹 Only one day of outflows: $36.93M in 6 months
🔹 Highest inflow day: $848.98M on March 12, 2024
🔹 Total Net Assets: $23 Billion
I love BlackRock because Since launching $IBIT Bitcoin Spot ETFs, they've been consistently buying, with only one sale.
Talking about Ethereum, it is a good spot for buying now.
The price has engulfed the middle line of the bullish flag. Taking into account the whole bullish narrative, chances of going back to the $2800 are quite low.
Prepare for high volatility this week, as a lot of info will be revealed!
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📢US spot BTC ETFs saw $124.13M in net Inflow on July 29.
➡️US spot Ethereum ETFs saw $98.3 million in net outflows, extending negative flow streak.
🧱 A lot of resistances above the price on #BTC! $70k resistance was bought and triggered the price to dump.
What bulls want to see is a slow and steady growth without big dumps! Something like this would be perfect: $70000 → $69500 → $71000 → $70000 → $72000 → $71500 → breakout!
🐶 After famous Notcoin, Telegram organized new airdrop among users: #DOGS!
Your airdrop depends on
- account age
- telegram premium sub
- OG status
Check and claim your #DOGS here:
/channel/dogshouse_bot/join?startapp=-obhufG_T5SoOLzgcyqxPw
Who let the DOGS out?
A whole fresh CME gap was left below! Would be great to fill it before the pump 🙏
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Trump: “There will never be CBDC while I am president”
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Trump: “On day one will fire Gary Gensler” — link
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Michael Saylor expects Bitcoin to reach $49 million per coin by 2045. His company, MicroStrategy, holds about 226,331 bitcoins.
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👨🏻💻 $BTC UPDATE
Bitcoin bounced off a key support level and its price went up.
It has now passed $68,000.
Since this rise happened over the weekend, it’s unclear if it will continue.
If prices sustain, it might even hit $70,000.
#LDO is about to reach its major support level.
This coin can be considered for long-term buying as Ethereum ETF trading has started.
We can expect a real bullish move in about 10 to 15 days.
This project is related to the liquid staking narrative.
When Ethereum pumps, LDO is expected to benefit the most.
There is now a 100% chance of a 25 bps interest rate cut by September, according to CME FedWatch
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