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🐝❤️ BTC UPDATE
As expected, Bitcoin pumped and broke the $67,100 resistance on a strong impulse! Our spot purchases printing profits already.
Quite a positive beginning of the week.
As long as Bitcoin stays above this level, priority is strictly bullish! We either see Bitcoin above $72,000 marks this week or the flat below $69,000 will continue (if the impulse is not strong enough).
🐝 BTC BRIEF UPDATE
Bitcoin is turning more bullish day by day. The breakout of the $67,100 will start a new wave of active growth.
Chances of visiting lower levels are decreasing. However, it is too early for LONGs.
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👀 #OP started moving towards the first target
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🔻 Meanwhile, the market keeps recording outflows from Bitcoin Spot ETF, they last for 5 days in a row already!
However, we can see a positive dynamic of outflows decreasing, it was -5100 BTC at the 19th of March and only -812 BTC yesterday at the 22th of March.
This correction is coming to its logical end.
❗️Buying some #MANTA at the solid $3 support level!
Also ready to add some more if the price tests red ascending trend line once again
❗️Buying some #OP here, the setup is clear for me:
- There is an ascending channel, there was a second touch of the down border, previously it led to a good growth
- At the moment the price staying above the $3.5 support (weaker one) and have a $3.15 support below (stronger one).
The first main target is located at the upper border of the channel and in case of breakout — the last one is $7.
🏵 Continuing the topic with Bitcoin & #OTHERS (Total Market Cap excluding Top 10 coins)
Currently the chart is very similar to what we've seen back in 2020. Bitcoin price was breaking ATH, while OTHERS was finishing consolidation and prepared to break the second-top resistance out!
Bitcoin always makes the first step and Altcoins are following. At the moment we can see the same picture — Bitcoin just smashed the previous ATH of $69,000 while Altcoins are preparing to breaking through the second-top resistance (orange rectangle zone).
Once it is broken, a massive altcoin season will begin, just as it was in the beginning of 2021!
🌻 OTHERS/BTCUSD has Always been Following ALL Bitcoin movements!
If you take a look at the chart, the Others/Btcusd ticker always follows the movements of BTC, but with some time gap. In other words, it tells you what is likely to happen on the Altcoin market in the near future!
At the moment Altcoins are close to the end of consolidation phase before starting a new Massive rally upwards!
🏁 #FTM reached the first target, made ~15% profit from our entry!
Closed 1/4 of a trade here
💭 It feels like the local bottom is in on Bitcoin and alts.
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🐝 BTC UPDATE
Two out of three buy orders were fully filled. We can see a positive reaction on the $61,400 support level, Bitcoin bounced from there.
However, as long as we stay below the $69,000 resistance, Bitcoin is still correcting.
Will repeat once again — don’t open SHORT here.
💭 By the way, the chart on #TOAD is also great
The price broke out of the ascending triangle and consolidates there
✍️ We are still holding #TOAD (in good profit already, but still too early for TPs).
The team just made a tweet that the first CEX exchange will be announced soon! (In 2-3 hours). This will get more liquidity to the token.
Good entry opportunity for those who are still not in!
🐝 Levels you need to watch on Bitcoin during this correction.
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🏁 #OP reached the first target, printed +15% profit so far! Closed 1/4 of the trade there
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1. Go to the bridge: https://bridge.zkasino.io and connect your wallet
2. Deposit the amount of ETH you want (I deposited 3 ETH)
3. Farm free #ZKAS tokens doing nothing.
As I told, I invested 3 ETH in this bridge. Expecting great return from there.
🧐 How did we break ATHs on Bitcoin before?
Actually, Bitcoin stalling around its previous all time high is nothing new. It acted the same back in 2017 and 2020 as well.
In 2017 it took 114 days for Bitcoin to finally break All Time High and went higher after the first attempt.
In 2020 it took 36 days for Bitcoin to confidently break through ATH after the first touch and consolidation.
📈 At the moment Bitcoin spent only 21 days near the $69,000 All Time High trying to confidently break it. And historically, this breakout has been followed up by a large expansion. So prepare yourself.
Mexc lists #TOAD today! Exact time is 10 AM UTC 🕙
It should go smoother than Bitget, also remember that one more listing is coming next week.
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🐝 BTC BRIEF UPDATE
As I was saying yesterday,
We can easily visit lower part of the zone once again. Buy those cryptos you love and be patient.
📈 On the first dump ETFs did $1.6B of outflows while the Bitcoin network received $1.1B of total net flows.
ETF investors showing they're noob, while plenty of self custody investors bought the dip.
👆 HUGE listing on Bitget is happening! #TOAD will leap there in just 2 hours, making this the first CEX. Note that one more notable CEX is coming this week
Be sure to attend Twitter Spaces with Mario Nawfal: a journalist with 1.3M followers! Great news for the project, marketing team is working hard on these things.
The chart itself is also gorgeous. TOAD is ready to jump out of this bullish pennant right to our targets!
👉 You can buy #TOAD on Raydium or via telegram bot using token contract:
CxRppbsvfhrZJdnqSo5VDkrAYQMucN8Gbj5J1F5qkrNsЧитать полностью…
🐝❤️ Bitcoin also made +10% profit on spot from our second buy order. But we are still in the correction range.
We can easily visit lower part of the zone once again. Buy those cryptos you love and be patient.
The next wave of parabolic growth is around the corner.
❗️Meanwhile, there are only 30 days left until the Bitcoin Halving!
We’ve been waiting for 4 years….
🫡 Since I made the post, #TOAD announced a listing on Bitget and was added on Coingeko! Moreover, more tier-1 CEX listings are coming this and next week!
The project is developing in untimely manner!
🦋 ETH UPDATE
The price has landed on the support level of $3190 and bouncing from there. Positive reaction, especially for altcoins.
We can possibly consider this as a local bottom on Ethereum and alts. Bought some #ETH there.
📉 We are currently witnessing a record outflows from Bitcoin Spot ETF over the recent two days!
During the 19th of March, there was a record outflow of $326M. Weak hands are selling.
❗️Buying some #FTM on this breakout!
As you can see, the price broke through the ascending trend line and $.097 resistance.
Moreover, the market seems to start recovering.
🐝 BTC BRIEF UPDATE
Bitcoin is dumping, as expected. Bears took the opportunity I was speaking about yesterday.
The first buy order at $63,800 mark was fully filled. The rest are waiting.
Don’t SHORT here, don’t commit suicide. This opportunity was given for buying only.