thebull_crypto | Cryptocurrency

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NO BULL NO GAIN! Market analysis & recaps, scalping leverage calls, binance altcoin signals and real time news. Disclaimer: My channel is not financial advise, its my observation and opinion. Twitter: twitter.com/thebull_crypto

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The Bull

$DYM is ready to take off!

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The Bull

$TNSR is bullish as fuck 🚀

https://www.tradingview.com/x/osoLya96/

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The Bull

$DYM, buy!

https://www.tradingview.com/x/kLUXuYbE/

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The Bull

Buying $ALT here!

https://www.tradingview.com/x/cjrIFH1l/

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The Bull

Q3 tends to be the weakest seasonal period in BTC, whereas Q4 tends to be the strongest. BTC will have to endure supply distribution from bankruptcy estates in Q3.

Q4 is prone to offer strength stemming from the U.S. election, halving effects coming into play, cash distributions from the FTX estate, and easing macro conditions.

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The Bull

In Q2 2024, venture capitalists invested $3.194bn (+28% QoQ) into crypto and blockchain-focused companies across 577 deals (-4% QoQ)

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The Bull

Market is bouncing but trading volume may not be enough on their own to reveal changes in a trend. Overall volumes have been declining for some time and the prevailing thinking is that volume is down because there is more risk.

The market is currently very volatile on both sides I recommend to be patient. I expected your calm before taking more positions. Late-Summer/ Early-Autumn will likely see a reversal.

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The Bull

The share of stablecoins vs fiat market share of volume just hit its highest level since 2020. Currently, 84% of crypto trade volume involves stablecoins, while fiat accounts for only 16%

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The Bull

Currently, the BTC weekend trading volume stands at an all-time low of 16% in 2024, marking a 12 percentage point decrease from its peak of 28% in 2019

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The Bull

Despite healthy investor profitability, the magnitude of volume being processed and transferred on the Bitcoin Network following the ATH has declined drastically.

This underscores a reduced appetite for speculation and heightened indecision in the market.

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The Bull

Since the beginning of 2023, Bitcoin's 60-day historical volatility has remained below 50%, a stark contrast to the significant fluctuations of 2022, when volatility exceeded 100%

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The Bull

#BTC.D UP and #Bitcoin DOWN

Bad time for ALTs

https://www.tradingview.com/x/KtfOinCk/

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The Bull

#Bitcoin

Hopefully it can get some life back

https://www.tradingview.com/x/tZiDj20E/

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The Bull

Tough time for altcoins but the future still bright.

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The Bull

$W about to break-out here!

https://www.tradingview.com/x/mAj0a9y9/

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The Bull

$ALT is heading to the moon 🚀🌓

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The Bull

$ALT going to see a big move IMO

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The Bull

Bought some $TNSR

https://www.tradingview.com/x/7ZHMqVQS/

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The Bull

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The Bull

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🚀 Claim here: /channel/dogshouse_bot/join?startapp=PzO17xS9RbCb8jBVznKARw

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The Bull

This is what I'm thinking rn

https://www.tradingview.com/x/DB4I3X60/

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The Bull

Bitcoin prices are hovering very close to the average cost of production for Bitcoin miners

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The Bull

Summer boring is repeat itself

https://www.tradingview.com/x/M9TfjJ5Y/

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The Bull

Market share of volume since October 2023

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The Bull

Monthly stablecoin transfer volumes have ~10x'd over the past 4 years. From $100B to $1T+ per month

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The Bull

But always in life bad times are good times to prepare for better times 😉

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The Bull

USD-backed stablecoin continues to dominate the crypto market. Nearly 90% of all crypto transactions are executed using USD-backed stablecoins relative to the USD. Their average weekly volume in 2024 was $270bn which is 70 times higher than their EU counterparts.

In contrast, just 1.1% of all transactions are done using Euro-backed stablecoins. However, it is notable that this share has increased from near zero in 2020 and is currently at an all-time high.

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The Bull

$TRU +253% so far!

Things take time.

https://www.tradingview.com/x/gCeEaPIE/

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The Bull

Historically, Q3 has had the lowest volume by a significant margin, with cumulative BTC trade volume over 40% below the highest volume quarter.

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The Bull

A short-term, 30-day correlation between Bitcoin and the Nasdaq 100 Index of US technology stocks is around the highest since early 2023, suggesting that further gains in the equity gauge may be accompanied by a move higher in the crypto market leader.

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