-
⚡️Daily analysis of the cryptocurrency market from open and closed sources. @Disclaimer_information @PaidPromotion_only @Insider_Private Channel owner:- @MrBybit
💸😃😗😳😔
ISRAEL REPORTEDLY TO HIT BACK 'CLEARLY AND FORCEFULLY'
The Israeli war cabinet has decided to retaliate "clearly and forcefully" against the missile and drone attack carried out by Iran on Saturday, The Times of Israel reported on Monday citing the local broadcaster Channel 12.
The report says Defense Minister Yoav Gallant and IDF Chief of Staff Herzi Halevi think that Israel should take action in response, but without harming the US-led coalition that played a crucial role in assisting Israel in defending itself against the Iranian attack.
Israel intends to convey the message that it "will not allow an attack of that magnitude against it to pass without a reaction." The response will be coordinated with the United States, the media added.
@Insider_leak_of_the_day
Share with your friends
💸😃😗😳😔
ISRAEL WEIGHS STRIKE ON IRAN TO ‘SEND A MESSAGE’ WHILE PRESERVING ALLIANC:WAPO
Prime Minister Benjamin Netanyahu has asked the Israel Defense Forces to provide target options, according to an official familiar with high-level discussions, who said Israel is looking at options that would “send a message” but not cause casualties.
Those options include a potential strike on a facility in Tehran or a cyberattack, according to the official, who spoke on the condition of anonymity due to the sensitivity of the talks.
“Everybody agrees that Israel must respond,” the official said. “How to respond, when to respond, is the question.”
@Insider_leak_of_the_day
Share with your friends
💸😃😗😳😔
ISRAEL DEFENSE MINISTER TO PENTAGON: NO CHOICE BUT TO RETALIATE AGAINST IRAN
Israeli Minister of Defense Yoav Gallant told Defense Secretary Lloyd Austin Sunday that Israel has no choice but to respond to the unprecedented missile and drone attack launched by Iran over the weekend, a U.S. official and another source briefed on the call told Axios.
@Insider_leak_of_the_day
Share with your friends
#misterrcrypto
#BTC_Update 4D
This symmetrical triangle has a target of $120,000.
I doubt bears can hold down the $BTC price for much longer.
Bring on price discovery.
@Insider_leak_of_the_day
Share with your friends
#woonomic
The new #Bitcoin ETFs brings price targets of $91k at the bear market bottom and $650k at the bull market top once ETF investors have fully deployed according to asset manager recommendations***.
These are very conservative numbers. #Bitcoin will beat gold cap when ETFs have completed their role.
*** Note these are not targets for THIS cycle, it takes a long time for capital deployments to complete.
___
Back of the envelope calculations:
1) $100T managed by asset managers, they generally have a 2% allocation recommendation (see Fidelity). This number will rise over time, but today it's a $2T allocation into BTC.
2) BTC currently holds $561,159,959 of investment (we can measure this on-chain), new total will bring it to $2.56T of investment
3) We can use MVRV to calculate market cap vs money invested. This ratio is 5x in bull market tops and 0.7x in bear market bottoms.
4) This translates to capitalisations of $12.8T and $1.8T respectively or $650k and $91k per coin.
5) I've excluded other self custody inflows, so this is absolutely a lower bound estimation. Self custody inflows are way bigger right now.
6) Bitcoin will certainly exceed Gold capitalisation by the time asset manager capital has deployed. Gold went on a 12 year bull run when it's ETF was approved, now it's Bitcoin's turn.
@Insider_leak_of_the_day
Share with your friends
Vitalik Buterin (vitalik.eth) transferred 100 ETH (approximately $325,000) to Railgun at 17:40 UTC+8 today. Railgun is a EVM privacy protocol that enables DeFi private transactions. Over the past six months, Vitalik Buterin has been interacting with the Railgun using small amounts of ETH basically every month. — link
@Insider_leak_of_the_day
Share with your friends
#XForceGlobal
#BTC_Update Primary Macro Analysis
I have prioritized all of the primary macro counts from most probable to least probable since we got more data after the drop. Just because the bearish scenario is the last probable, it doesn't mean it can't play out, it just means it's the least probable. Since three out of four scenarios are bullish, we must stick with the trend.
Scenario #1: Bullish
Scenario #2: Bullish
Scenario #3: Bullish
Scenario #4: Bearish
All notes are attached.
@Insider_leak_of_the_day
Share with your friends
Landesbank Baden-Württemberg, Germany’s biggest federal bank, plans to start offering cryptocurrency custody services in partnership with the Bitpanda exchange. “The demand from our corporate customers for digital assets is increasing.” — link
@Insider_leak_of_the_day
Share with your friends
Harvest Global Investments also announced that the Hong Kong Securities and Futures Commission has approved in principle the product of Bitcoin and Ethereum digital asset spot ETFs. — link
@Insider_leak_of_the_day
Share with your friends
for the first time in 6 months, funding rates for the big three have turned negative
seek risk, not yield ;)
@Insider_leak_of_the_day
Share with your friends
🔡🔡🔡🔡
Major 🇨🇭 Swiss newspaper reports on the halving with the headline, "Number of new Bitcoins will Double" 🤦♂️
@Insider_leak_of_the_day
Share with your friends
‼️ Volatility Alert
⚠️ Bitcoin halving in ~4 days⚠️
⏳ Countdown 👀
Hold on tight ✊! The #Crypto market could become volatile.😱
@Insider_leak_of_the_day
Share with your friends 🧑💻
Over the week to come, be extra mindful when acting on news.
There will likely be fake news without reputable source or old news, which is getting reshared.
Don’t get chopped up and be prepared for volatility.
@Insider_leak_of_the_day
Share with your friends
#Admin
The private channel has several times more information and no advertising ✈️
Upgrade to our premium , and get many more market outlook rather than our free channel 🎚️
Detailed information here ➡️ @Insider_Private
#noahlutz
💰 #BTC/USD
Cross below the ATH resistance will bring more downside📉
@Insider_leak_of_the_day
Share with your friends
🇺🇸 Shocking stat of the day:
US CPI inflation is on track to hit 4.8% by the 2024 election, according to Bank of America.
Over the last 3 months, CPI inflation has averaged 0.4% on a month-over-month basis.
If this trend continues it puts year-over-year inflation on pace to hit 4.8% by November, its highest since April 2023.
That would be more than DOUBLE the Fed’s 2% inflation target.
Inflation has been above the Fed's 2% long-term target for 37 straight months.
Inflation is far from over.
@Insider_leak_of_the_day
Share with your friends
#DaanCrypto
#BTC_Update
We've now mostly closed all the CME gaps that were open or created during this weekend ✅
@Insider_leak_of_the_day
Share with your friends
#Nebraskangooner
#BTC_Update 1D
Pretty straight forward breakdown here.
Typically these breakdowns are significant.
Unless local resistance is reclaimed can't rule out a drop to $58k area support or lower.
@Insider_leak_of_the_day
Share with your friends
💡💡💡
🇳🇴Norway becomes the first country in Europe to introduce regulations for data centers aimed at controlling which projects are permitted.
They state #Bitcoin mining “is an example of a type of business we do not want in Norway” 😮
@Insider_leak_of_the_day
Share with your friends
#CryptoJelleNL
#BTC_Update
Despite the recent correction, this bullish megaphone still has a target of $180,000.
Let's see if the meme pattern plays out once again.
It wouldn't surprise me.
@Insider_leak_of_the_day
Share with your friends
Goldman warns that long-end rates may continue to rise as inflationary pressures reignite
@Insider_leak_of_the_day
Share with your friends
#BTC_Update
liquidation heatmap (12 hour,3day)
@Insider_leak_of_the_day
Share with your friends
#nihkalowz
#BTC_Update 1W
Should #Bitcoin's price trajectory maintain its resemblance to the 2016/17 bull market, then this week signifies the start of the final 25% phase. Following the pattern, we expect the current consolidation period of 5 weeks to conclude, leading an upward surge starting this week.
@Insider_leak_of_the_day
Share with your friends
💸😃😗😳😔
China Asset Management, Bosera Capital, HashKey Capital Limited, etc. announced that their applications for Bitcoin and Ethereum spot ETFs have been approved by the Hong Kong Securities and Futures Commission, allowing investors to directly use Bitcoin and Ethereum to subscribe for corresponding ETF shares. — link — link
@Insider_leak_of_the_day
Share with your friends
Guy Ficco, director of criminal investigations of the Internal Revenue Service (IRS), recently stated that cryptocurrency tax evasion cases are expected to be on the rise this year. The IRS is currently ready to crack down and is cooperating with the blockchain analysis company Chainalysis and several other law enforcement agencies. — link
@Insider_leak_of_the_day
Share with your friends
#BTC_Update
Bitcoin RSI has reset to levels last seen when the price was $41,800.
$BTC price hitting support for the third time...🤔👀
@Insider_leak_of_the_day
Share with your friends
💸😃😗😳😔
Potentially the first Asia $BTC ETF is set to launch as soon as tomorrow
@Insider_leak_of_the_day
Share with your friends
#CryptoMichNL
#Bitcoin approaching a massive week.
It's going to be the halving week, but;
- Tensions in Middle East with regular markets opening up in a few hours.
- Spot ETF approval for $ETH and Bitcoin in Hong Kong.
Many things happening, and I think these dips are the ones you want.
@Insider_leak_of_the_day
Share with your friends
#DaanCrypto
Funding rates lowest we've seen it in about 2 months.
Now the key will be for this to sustain as price finds a floor and spot bid slowly comes in. Longs are hopefully either too scared or too rekt to get back in for a while.
Then we will be ready for the next move up.
@Insider_leak_of_the_day
Share with your friends
‼️Key Events This Week:
1. March Retail Sales data - Monday
2. Fed Chair Powell Speaks - Tuesday
3. Existing Home Sales data - Thursday
4. Philly Fed Manufacturing Index - Thursday
5. ~10% of S&P 500 companies report earnings
6. Total of 13 Fed speaker events this week
@Insider_leak_of_the_day
Share with your friends