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⚡️Daily analysis of the cryptocurrency market from open and closed sources. @Disclaimer_information @PaidPromotion_only @Insider_Private Channel owner:- @MrBybit
To address the risk that a blockchain could become unresponsive, unreliable or unusable, Tether has established an official recovery tool that can migrate USDT between blockchains. Users would be able to verify ownership of their addresses on an unresponsive blockchain and a recipient address on another supported blockchain, and Tether will transfer the USDT between them. — link
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#CryptoYoddha
#TOTAL
This bull market crypto is going towards 10 Trillion and you can't do anything about it:
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#CryptoYoddha
#BTC_Update
This fractal is still valid. Last leg up into the local distribution zone
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According to zachxbt, there has been some suspicious activity at cryptocurrency exchange BitForex, which saw an outflow of approximately $56.5 million from its hot wallet on February 23. Withdrawals stopped processing and no official announcement was made. The CEO of BitForex resigned a month ago, and Bitforex holds 18% of the TRB supply and 7% of the OMI supply. — link
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#BTC_Update
There's a #squeeze happening right now on the hourly timeframe! 💥
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#CryptoMichNL
#BTC_Update 1W
I'm unaware whether we will get this correction on #Bitcoin in the short term.
I think that this rally is going to peak between $54-58K and provide a substantial correction to $40-42K after the halving has taken place.
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#cyberdavid
#BNB is trading in an ascending channel where it recently bounced off ma 50 and broke above resistance at $385💁♂️
It is expected to correct slightly then continue growing towards $400 next target📈
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‼️Key Events This Week:
1. New Home Sales data - Monday
2. CB Consumer Confidence data - Tuesday
3. US Q4 2023 GDP data - Wednesday
4. January PCE Inflation data - Thursday
5. ~10% of S&P 500 companies report earnings
6. Total of 12 Fed speaker events this week
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🇺🇸FED SPEAKERS THIS WEEK:
*FOMC MEMBER BOSTIC (WED. 12:00PM)
*FOMC MEMBER COLLINS (WED. 12:15PM)
*FOMC MEMBER WILLIAMS (WED. 12:45PM)
*FOMC MEMBER GOOLSBEE (THURS. 11:00AM)
*FOMC MEMBER MESTER (THURS. 1:15PM)
*FOMC MEMBER WALLER (FRI. 10:15AM)
*FOMC MEMBER DALY (FRI. 1:30PM)
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Exchanges BTC Long/Short Ratio
🤔
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#StockmoneyL
#BTC_Update
Bitcoin get ready for the parabolic run full of god candles.
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#AlemzadehC
#BTC_Update 1H
Still looks like the end of re-accumulation w/a proper spring/reaction
POC/LPS level of 51.8k is the key to flip for confirmation and resumption IMO
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#Bitcoin_Bullets_Trading
February 24, 2024
➖➖➖➖➖
⚪️TECHNICAL (4H)
BTC is currently trading within a well-defined rectangular channel, deriving strength from the horizontal support it has encountered. Concurrently, BTC dominance (BTC.D) is on a decline while BTC itself exhibits sideways movement. This confluence of factors presents a compelling bullish indication for potential altcoins.
⚪️WRAP-UP (VIP)
Traders and investors should always exercise caution and conduct thorough research before making any trading decisions. While technical analysis provides valuable insights, market dynamics can change rapidly, and unexpected events can influence prices. Risk management strategies, such as setting stop-loss orders and diversifying portfolios, are crucial for navigating the volatile cryptocurrency markets effectively.
$BTC DAILY RANGE:
📈Upper Limit: 51600
📉Lower Limit: 50500
(+-12% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲48500
🔴SHORT
💲53500
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#BTC_Update 1W
🤔👀
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Between February 15, 2024 and February 25, 2024, MicroStrategy, together with its subsidiaries, acquired approximately 3,000 bitcoins for approximately $155.4 million in cash
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Digital asset investment products saw weekly inflows totalling US$598m, marking the fourth consecutive week of inflows. Year-to-date inflows have now surpassed the US$5.7bn mark. The US saw most of the inflows at US$610m, impacted by incumbent issuer Grayscale, which saw further outflows totalling US$436m last week. — link
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🐋 The Bitfinex whales knew exactly what to do. 👀
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#BTC_Update
liquidation heatmap (24 hour)
Heatmap brighter liquidity cluster at $51150 and $52225.
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MicroStrategy's Twitter account was hacked and posted a phishing airdrop link. According to ZachXBT, it has currently caused a loss of $440,000.— link
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‼️ Volatility Alert
⚠️ There are almost 50 days left until the next Bitcoin halving ⚠️
⏳ Countdown 👀
Hold on tight ✊! The #Crypto market could become volatile.😱
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#howardcane
#Xrp was trading in range between support and resistance🫠
Now price may retest support before breaking resistance🤓
Target set at 0.5594🎯
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The final deadline for the Spot #Ethereum ETF is in 88 days...
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#eliz883
#QTUM the wekkly has a nice consolidation under resistance....I bought spot today
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#BTC_Update
Funding Rate Wave - green. Bulls dominate the market.
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🪙 #Tron Fee Revenue Hits ATH $1.758M High Tronscan
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#thescalpingpro
#Bitcoin is not bearish 🚨
here is why :
- Bitcoin Supply on Exchange at all time low
- 93.5% of Bitcoin supply has been mined
- World's largest asset manager holds $7B in Bitcoin
- Around 20% of all bitcoins mined are permanently lost
- BTC market cap is only 1/3 of Microsoft's, the world's largest company by marketcap
- Bitcoin flipped 0.618 for the first time before halving
- Bitcoin Halving is only 60 days away
- Bitcoin supply shock inevitable
- Bitcoin global adoption imminent
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The final deadline for the Spot #Ethereum ETF is in 90 days!
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