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No capital gains tax exemptions expected at White House crypto summit: Punchbowl reporter
[BTCUSDT] Abnormal Volatility Alert (15m)
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• Trump considering executive order to create Bitcoin Reserve tomorrow;
• Bitcoin Reserve may be established with seized BTC, buy more;
• Trump actions still being discussed, could change: BBG
#BTC #Analysis #PA
Looking into Bitcoin price action and leaving aside patterns (although those remain valid).
It sound simple when looked at like this. A typical range and a deviation from the range (bear trap); liquidity.
This seems to be a typical deviation from the range and those two candles at bottom suggest interest, or a reversal. They are both strong candles and a potential reversal pattern candlestick.
5D closes tonight (EU) and it'd be interesting to see the next candle, which is likely to be green, inside the range, and probably strong going to retest 95k - 96k - if it's a deviation (it should).
new ฿ daily high: $95,152
This might leave a big gap on CME lol goddamnit
Читать полностью…I read these days "a trader that can wait for a setup is a patient trader", tho, it doesn't state successful lmao
Читать полностью…I'm only sharing full continued analysis for #Majestic. Sorry if it lacks analysis in between.
Читать полностью…President Trump: Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA
White House to host crypto summit on March 7th, featuring CEOs, investors and members of the Presidential Working Group on Digital Assets
CME Group to launch Solana (SOL) futures on March 17
Bitcoin red volume keeps increasing and green decreasing, together with the price action it's quite bad, not often seen so clearly.
But, indicators already reset or are at their low, plus there are divergences left and right so price should be about to reverse up.
I don't know what escalated this but as I see, it doesn't change anything, beside the wipe out in the market. By the way, after such wipe outs (and this has been a constant lately) there comes great recoveries 🌀
SEC dismissed or paused lawsuits and investigations involving crypto companies
— link | trade like a pro on Bitfinex
TRUMP SIGNS EXECUTIVE ORDER TO ESTABLISH STRATEGIC BITCOIN RESERVE: SACKS
• Reserve uses government-owned Bitcoin from forfeiture proceedings.
• Strategies to acquire more Bitcoin with no taxpayer cost are underway.
• An estimated 200,000 Bitcoin are owned by the U.S. government; a full audit of digital asset holdings is ordered.
• The Reserve aims to maximize Bitcoin's value without selling it, likened to a digital Fort Knox.
• A U.S. Digital Asset Stockpile is also established for non-Bitcoin digital assets obtained through forfeiture
Japan’s ruling party proposes capping crypto tax rate at 20%, matching stocks
Rejection to form a W pattern or keep pumping.
Читать полностью…#BTC #CME_FUTURES
There's gap both ways, some may consider the upper one closed, but it isn't with a full body as Bitcoin normally does.
BTC and ETH, as other valuable cryptocurrencies, will be at the heart of the reserve: TRUMP
Policymakers suggest $BTC will also be included in the proposed reserve alongside the three new assets
No mention of Bitcoin in the U.S. Crypto Reserve. 🤔
Either there is a separate Bitcoin reserve, which could signal the importance/difference of BTC from other Crypto, OR we are failing at educating this administration on why Bitcoin > Other Crypto.
Either way, RIP ETH
@Insider_leak_of_theday
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xlmusdt "0.706% been poked, last bullish resort, but also where the correction ends and gets more interesting 🚀
I was honestly waiting for this fib to hit on a few high caps, like LINK, XLM, PEPE... ETH is about to hit! 🎯
I bet 90% for a reversal on this fib for BTC, but for ETH and ALTs I can't say as they are also dependant on BTC.
By the way, BTC is on a do or die resistance, or it flips up and closes inside the bull flag, or it gets rejected hard in the next few days from here toward 70k."
#XLMUSDT #Anslysis #Breakout
XLM alike XRP (both have been running together) could be about to #breakout, otherwise it should follow the descending bull flag (another leg down before reversal).
Depending how you draw the top line could have broken out already, but you'd like to see a new high above 0.4860$ - after that and finding support above XLM is prone for a 100% move and new ATH aiming toward 1$ for the first time!
Go Stellar! 💪 🌀
BlackRock adds its Bitcoin ETF to model portfolio for first time
1M looks quite bad and could continue, with support at 67k - RSI about to print bullish hidden divergence.
2W also an awful candle but already on support - 79k. RSI is also about to print bullish hidden divergence.
1W support is at 74k having fallen below bullish support at 86k. Bullish hidden divergence is set ☑️
5D is interesting, with an engulfing bearish candle like all HTF but already with a bullish hidden divergence set... 3D, 2D and 1D aswell.
In conclusion, it seems we're quite done for now on LTF while on HTF things not looking so good and it could continue pushing down even retesting 90k.