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⚡️Daily analysis of the cryptocurrency market from open and closed sources. @Disclaimer_information @PaidPromotion_only @Insider_Private Channel owner:- @MrBybit
#woonomic
73k continues to be formidable resistance.
If price can get above 72k, there's an immense amount of liquidations to give BTC a short squeezed fast ride to 75k+ to finally break all-time-highs.
IMO it's only a matter of time before fundamental demand triggers a price squeeze.
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According to Bloomberg, former FTX executive Ryan Salame was sentenced to 7.5 years in prison. Previously, US prosecutors said Ryan Salame should be sentenced to 5-7 years in prison. Salame's lawyers argued that the prison term should not exceed 18 months. This is the first senior deputy in SBF's inner circle to be punished. — link
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Please check this chat, you may be interested in it. join us!!!👆👆👆
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Elon Musk's xAI valued at $24 billion after fresh funding, per Reuters.
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#CryptoYoddha
#BTC_Update
Bitcoin momentum is back to the start after the retracement
Now it's getting ready for the targeted area:
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US Markets re-open for trading in just under 2 hours.
Over the past two weeks, we've seen a streak of 10 consecutive days with inflows into the #Bitcoin spot ETF, driving prices higher.
Let's see if the boomers show up to bid the coins again today.
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Wall Street is getting bullish on Ethereum👀
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Wallets with a balance of more than 1000 bitcoin. Steady growth since March
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The price of BTC may drop due to fears of open market sales to compensate the platform's clients.
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This was the first time in five years that Mt. Gox moved assets out of its wallets.
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Bithumb, South Korea's second largest crypto exchange, announced that it will list the Korean won trading pair of Arweave (AR) and ENS (ENS). AR deposits will be opened at 15:00 on May 28, UTC+8, and ENS deposits will be opened at 14:30. — link
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Weekly Funding Heatmap Update: $BTC on the verge of smashing all-time highs with promising funding rates.
Feeling super bullish!
Hold your assets tight, but watch out for high leverage risks.
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$ETH May is generally a better month for ETH than it is for #Bitcoin and this year doesn't seem to be any different in that regard.
Some solid numbers being put in so far.
Whatever happens in the Summer will definitely come down to the ETH Spot ETF flows.
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🇭🇰Hong Kong spot #Bitcoin ETF flows remain flat since May 13th.
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💸😃😗😳😔
🇪🇺 European Central Bank to cut interest rates in June.
“What we see right now is enough to remove the maximum level of restriction, equal to 4%.
Data over the coming months will help us determine the pace of further easing,” says ECB chief economist Philip Lane.
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#CJ900X
#BTC_Update 4H
Pretty choppy day. Mid-range bid ~ low 67k remains resilient.
If we can print a 4hr SFP here, I think we're in decent shape for a push. However, 69k remains the key pivot. Until this level is reclaimed, the higher lows we've built up since 64k are vulnerable (trendline liquidity).
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💸😃😗😳😔
THE US TREASURY WILL INITIATE A
BUYBACK PROGRAM FROM MAY 29
ABOUT $2 BILLION WILL FLOW INTO
THE ECONOMY EVERY WEEK.
FRESH LIQUIDITY WILL ENTER THE
MARKET, WHICH IS HUGELY BULLISH
FOR #BITCOIN AND CRYPTO.
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#Sponsored_Ad #DYOR
To understand more on trading BTC / ETH / SOL / FIL / XRP / BCH / TON options, pls join @GreeksLiveBIT
Nvidia $NVDA is currently up 5% in today’s early trading
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🇬🇧The first UK #Bitcoin ETPs are now trading LIVE in London.
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#SatoshiFlipper
#BTC_Update 4H
Triangle work-in-progress still forming, $72k soon 🚀🚀
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🔡🔡🔡🔡
🇬🇧#Bitcoin ETPs will start trading on the London Stock Exchange today.
Are you prepared?! 👀
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#AxelAdlerJr
The Coin Days Destroyed (CDD) metric currently shows high values due to the movement of old coins from the Mt. Gox cold wallet, but in fact, this will not affect the market at the moment.
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As of now, the reserve of the Mt. Gox exchange has decreased by 107,467 BTC.
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#BTC_Update 1W
Here's a beautiful representation of the current price action BTC is following:
•Uptrend
•Horizontal support successfully established
•MID of the range is retested as support
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Mt. Gox cold wallet transferred 12.24k BTC (about $840 million) to the unmarked address: 1JbezD...KLAPs6 today. The Mt. Gox address currently holds 137.892k BTC. Mt Gox will distribute its holdings of 142,000 BTC and 143,000 BCH to creditors before October 31, 2024. — link
The Mt. Gox cold wallet transferred another 14.05k BTC (worth approximately $965 million) to the unmarked address: 1JbezD...KLAPs6 at 10:35 UTC+8. — link
Mt. Gox cold wallet transferred 16.589k BTC (worth about $1.14 billion) to the unmarked address: 1JbezD...KLAPs6 at 10:54 UTC+8. — link
Mt. Gox cold wallet transferred 32.14k BTC (worth about $2.188 billion) to the unmarked address: 1JbezD...KLAPs6 at 12:11 UTC+8. — link
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#The_Golden_Ratio
Layer 2 is having a significant increase in term of revenue here. It's now starting a curving up as well.
You have to be prepared as well as the altseason is going to occur anytime soon. We are very close to the next altcoin season!
Have you filled the bag with the good amount of altcoins?!🤔
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#Bitcoin ETFs around the world now hold +1 Million #BTC under management.
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#BTC_Update 1H
Triangle breakout will provide the launch fuel to $BTC $72k, then to $BTC $80k 📈🚀
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On-chain data shows that two whale addresses ending with 937Be1 and e088c9 have transferred nearly US$100 million worth of ETH and BTC to the Manta Pacific network to participate in Manta CeDeFi products. Manta CeDeFi obtains institutional CeFi income and funding rate arbitrage income through Ceffu MirrorX technology. — link — link
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