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Source: https://watcher.guru/news/ethereum-blackrock-ceo-larry-fink-sees-value-in-eth-etf?c=284
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🧐 Do you remember our Elliott Waves analysis on Bitcoin in 2024 - 2025?
More than 2 months have already passed and the price follows our plan perfectly.
The top of the first wave ($48,000) was reached and now it is time for a pullback downwards to ~$40,000 support to test.
Time for correction is coming. The next phase of growth should begin in Spring.
🔥 After leaving consolidation zone, #ARB has finally started moving!
Surpassed the $2 resistance, currently printed +80% profit! My congratulations to holders!
📍BTC DOMINANCE UPDATE
After forming a pattern akin to Head&Shoulders, the dominance is ready to dump and test the ascending trend line (orange line).
Then we can see a fake breakdown of this trend line to test the 51% support (1.0 by Fibo). All in all, good setups on altcoins worth investing!
❗️Buying some #VV at this point!
The price has formed a clear Adam&Eve pattern, breking out of the $0.0071 resistance level as well.
Ready to rush upwards!
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Good analysis and news are shared
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❗️ SEC Approved 11 Bitcoin ETFs:
1. Grayscale Bitcoin Trust ETF
2. Bitwise Bitcoin ETF
3. Hashdex Bitcoin ETF
4. iShares Bitcoin ETF
5. Valkyrie Bitcoin ETF
6. ARK 21Shares ETF
7. Galaxy Bitcoin ETF
8. VanEck Bitcoin ETF
9. WisdomTree Bitcoin ETF
10. Fidelity Wise Bitcoin ETF
11. Franklin Bitcoin ETF
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🦋 ETH/BTC UPDATE
During the recent fake-news regarding Bitcoin ETF decision, ETH/BTC gathered liquidity below the important weekly 0.49 level.
This fact adding bullishness to the long-term prospects of Ethereum and Altcoins.
❗️Golden Cross is forming on the Bitcoin 1W chart
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🐝 BTC UPDATE
The price has broken through the $44,500 resistance, as it was expected. The closest resistance is $45,500 (high of the previous pump).
We have chances of fake out of this level, BTC ETF Approval is approaching, so expecting helicopters there.
Be very, VERY careful with positions during this week.
🎮 Gaming & AI are the Main Narratives of 2024, and here is the project that combines both of them — AI Driven Game Engine GameGPT (#DUEL) by PRISM Games.
In fact, GameGPT is designed to offer a wide range of gaming tools, tailored for the modern gamer:
- Range of blockchain mini-games, no hassle of wallet setup
- Using AI-powered studio, users can develop their own mini-games
- Сommunity challenges on popular Web2 and Web3 game titles
The #DUEL token itself is aimed to simplify the in-game economy and enhance the overall user experience, making it more attractive to gamers who may be new to blockchain.
👉 The sale has already commenced on DaoMaker, with WePad next in line! The Refund System will be active on the claim portal for 7 days after the listing!
🏔 We're Close to the PEAK of Upward Movement!
The current up-trend started back in the middle of October and lasts 2 months already. There were three accumulation-growth waves. Let's take a closer look at the consistency based on accumulation phases:
The 1st phase lasted from 10 Oct to 23 Oct, this one had a 31° angle
The 2nd phase lasted from 25 Oct to 3 Dec, this one had a 22° angle
The 3rd phase lasted from 4 Dec to 3 Jan, this one had a 11° angle
The growth curve is more sloping with every new cycle, which is a sign that there are less and less purchases, while more and more sales appear.
👉 The current local up-trend is ready to make one last impulse upwards and then reverse downwards to $36,000 - $38,000 levels.
📊 There were 155,000 traders liquidated in the past 1 hour, more than $370M in LONGs got liquidated.
The price we pay to continue the party.
✅ As expected, Moon App made great profits on the listing!
What do we have..
IDO price: $0.0067
Highest price: $0.049 (+650% profit)
Current price: $0.044 (+550% profit)
I hope you joined this project we us!
📈 Bitcoin grew up for 6.5% since the spot ETF was approved!
The current support is located at the $46,000.
📈 Moon App Announced a Listing of their #APP token on Tomorrow 12 January at 10 AM UTC!
Listing confirmed on 10 exchanges: Bybit, Bitfinex, Gate, MEXC, Bitget, Helix, Uniswap, Bitmart and PancakeSwap!
Want to remind you that MoonApp is first Native #INJ Launchpad that already has more than 250,000 app downloads across App + Play store! The hype will be massive!
⚠️ By the way, GameGPT made a Listing Announcement, token #DUEL will be available for trading Tomorrow 12 January!
Exchanges: ByBit, Gate.io, MEXC, LBank, Bitmart and AscendEX
The Refund System will be active on the claim portal for 7 days after the listing! Initial market capitalization is only $397,000. All chances to make good profits.
🦋❤️ ETH!
As expected, Ethereum started growing right after Bitcoin Spot ETF was approved.
The new narrative is about Ethereum Spot ETF, projects based on Ether Blockchain will grow hard as well.
My congratulations guys, this news was truly long-awaited!
The first post about Bitcoin Spot ETF in this channel was made on August 7 2018. It was 5.5 years ago. Post link.
At one point I’ve lost all hopes regarding approval. But it happened.
It will definitely bring a long-term positive effect to the market, a colossal amount of money just got an access to crypto.
Big day for us. Congratulations 🥂
‼️ BITCOIN ETF WAS APPROVED!
(The document was published on the official SEC website)
Source: https://www.sec.gov/files/rules/sro/nysearca/2024/fg-89shlq.pdf
🐝 BTC UPDATE
Bitcoin is moving according to the plan. There was a fake-out of the previous high $45,500. The price went a bit higher than expected because of the yesterday fake news, but the plan is still in play.
Currently there is a support at $44,500 level, let's see if the price manages to break it down.
We don't hold ANY margin positions for now, only 10% in Ethereum and 30% in Bitcoin. The spot ETF decision is coming soon, be ready.
This could happen only in the Crypto World 🤦♂️
SEC Twitter was hacked, Bitcoin ETF was NOT approved yet…
🤔 It seems that Solana #SOL has just passed the Disbelief phase and ready to start the round of the Real Growth!
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🥶 Binance is in court. ByBit and KuCoin added mandatory KYC and also faced some FUD. They are NOT SAFE anymore.
We decided BingX to be this safe place for us.
Nowadays you always have to be focused and look for fresh exchanges that are not under federal control yet. We were looking for a trusted exchange since the Summer 2022 and found BingX this Spring. Since then we hold 60% of the deposit there.
There is no KYC mandatory for $50,000 and a welcome bonus of up to $5,125.
👉 Here is our referral link to get bonuses: https://bingx.com/partner/CryptoKlondike
❗️Spot Bitcoin ETF applicants file amended S-1 forms in FINAL STEP toward APPROVAL
Source: https://www.theblock.co/post/270834/spot-bitcoin-etf-applicants-file-amended-s-1-forms-in-final-step-toward-approval
🐝 BTC UPDATE (Based on the previous post)
We have a strong resistance of $44,500. The pressure on this resistance is quite high so we may expect another attempt to break it out.
I don’t expect a lot of volatility during weekend since these are last two days before the storm caused by coming BTC ETF decision day.
I hold a few altcoins with a very low amount of deposit. The rest is 60/40 USDT/BTC.
🐝 BTC UPDATE
The overall bullish vector remains actual. The dump was harsh in terms of liquidations, but in face it didn’t ruin any structure:
We still have an ascending trend line, the upward movement was not engulfed and $40,000 support is still as strong as it was.
The main resistance is $44,500 for now. We must go upward from here with the target at $48,000
📉 What a dump on Bitcoin!
If you held spot just as I warned you 3 days ago, nothing serious happened. No important levels were broke down. Up-trend is still safe.