Inflation Steady as October CPI Hits 2.6% — Core CPI at 3.3%
The latest inflation report shows that both headline and core consumer prices increased in October, aligning with market expectations.
This stability suggests inflationary pressures are holding steady, potentially influencing the Federal Reserve's upcoming policy decisions.
$13 million Bitcoin by 2045?! 🚀
MicroStrategy’s Bitcoin strategy has outperformed every company on the S&P index.
Michael Saylor’s company is now the world’s largest corporate Bitcoin holder, with 252,220 BTC worth over $18 billion (more than the entire US government).
Saylor believes that “Bitcoin is digital gold – harder, stronger, faster, and smarter than any money that has preceded it.”
His long-term prediction for Bitcoin? $13 million within 21 years.
XRP only pumps when it has to indicate something about the market direction.
So what does this mean? As per my experience, XRP starts pumping in bull run when BTC Dominance is about to collapse leading BTC to correction or indicating the local top. It also means alts can start going up in BTC pairs.
So BTC Dominance needs to claim back to 59.8% or BTC needs to get back it's previous highs to continue the run further.
XRP has not pumped much yet. If XRP breaking 0.7560$ with BTC Dominance above 59.76% can indicate local top on BTC. Or XRP Breaking above 0.72$ with BTC Dominance above 60.3% does indicate the same.
JUST IN: Dogecoin $DOGE rises 47% in the past 24 hours, surpassing a $61 billion market cap.
Читать полностью…Technically no resistance for BTC.
BTC is currently at $1722B marketcap.
For BTC marketcap $2T will be the psychological resistance.
Interestingly, BTC price can face the $100k psychological resistance at the same time.
So $99k to $101k zone may cause some correction.
BTC Dominance should reach my levels of at least 61.2% for some correction. The closer it gets to this area, the better it is for alts (once BTC.D start cooling).
Knowing when to scalp shorts and when to buy and #HODL is key when it comes to investing in a crypto bull market.
Join our premium channel for exclusive access to expert trades and insights. Contact @WhaleTankCEO to get started.
Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#OP/USDT Take-Profit target 1 ✅
Profit: 2.063% 📈
Period: 28 Minutes ⏰
#ETHUSDT Daily Chart
Price is currently ranging inside a daily supply zone. MACD is still showing bullish momentum and EMAs are turning bullish as well. With that taken into account, we should still see some midterm retracement from that area towards our discounted daily breaker zone at $2,700 before a continuation of the overall trend. However, we shall wait for lower timeframe confirmation beforehand. We will update our positions accordingly.
Meme coins are currently a trending topic. There are so many, I would say 99%, fraud meme coins which are launched and then disappears after some hours.
We can check these coins on dexscreener. Many people want to enter into new coins at early stage to get gains like Shiba gave in the last run, but most of times those coins rugpulled and went to zero.
I think if we are able to catch some real projects at their very early stage then it can give miraculous results. But the risk of that is getting dumped to zero by the Devs.
I have been researching on such since a long time and actively trying to catch some. I did catch a few which gave more than 20x returns but I got caught into some which went to zero as well.
The accuracy of getting such real gems was very low. I didn't get into losses as some of those gave great returns fortunately.
So do you want to get such coins here?
Note that - it can go to zero any time or it can moon hard.
#BTCUSDT Daily Chart
Price has swept the equal highs as we have been waiting for and created a new ATH. MACD turned bullish and EMAs are showing bullish indications. We may see a retracement towards the 70k area where we have a demand zone before continuing its bullish movements aiming to create a new ATH.
#STRKUSDT
Future
Long
Risk:1%
Entry: 0.4628 (CMP)
Target: 0.5095 / 0.5695
Stop-loss:0.4110
https://www.tradingview.com/x/E4nFPHhe/
🚀 PEPE ALERT! 🚀
PEPE is coiling up inside the ascending triangle, bouncing off the key horizontal demand zone! A solid breakout here could spark a massive bullish rally! 🔥
Stay sharp and watch closely! This could be the move we’ve been waiting for! 💹
#IMXUSDT
Good tokenomics. Sitting at support and 86% down from ATH price and 57% down from ATH marketcap. It looks good to buy.
You can join our premium channel for specific entry, TP and SL and to have access to all of our personal trades. DM @whaletankceo for details.
My level for BTC Dominance is 61.2%. The top was at 60.96% which was almost there.
Now BTC Dominance has reclaimed 59.8% and BTC should be good to go up. There is a CME gap between $78k and $80k.
🚨 LATEST: Michael Saylor’s MicroStrategy Acquires Bitcoin, 27,200 Units at $74,463 Each.
Читать полностью…#UNIUSDT Daily Chart
Price is currently consolidating on lower timeframes after it had bounced off the daily demand zone at $6.73. MACD is now showing some bullish weakness and EMAs are turning bullish. Price is expected to retrace and tap into our first area of interest which is the daily breaker zone at $8.32 before a continuation of its bullish trend aiming towards the daily supply zone at $11.2.
Bullish short, medium + long-term
Recent market movements and Bitcoin's all-time highs confirm that the “Red Sweep” was the best election outcome we could have possibly hoped for 🔥
The market is already beginning to price in a more favourable regulatory environment for crypto.
Plus, we have a very supportive macro backdrop with a strong economy and the Fed on a rate-cutting path.
We believe BTC could see $80K in the short term and potentially low six figures by year-end.
Contact @whaletankceo to have access to our premium channel where we share our full macro analysis + predictions.
#ETHUSDT Daily Chart
Price had swept the low at $2,380 and moved up aggressively breaking through the symmetrical triangle. MACD is bullish and EMAs are neutral. Price should retrace towards the daily breaker at $2,650 at least before continuing to move up.
#CLOUDUSDT
Future
Long
Risk: 1%
Entry: 0.422 (CMP) / 0.4096
Target: 0.45 / 0.49
Stop-Loss: 0.40
https://www.tradingview.com/x/Fw5eQdLa/
#SILLYUSDT
Future
Long
Risk: 1%
Entry: 0.01611 (CMP) / 0.01506
Target: 0.01844 / 0.024
Stop-Loss: 0.0138
Following a buyback, the price has broken above the demand zone and formed a support level as well as a breakout from the trend. We plan to enter a buy position near this support along the trendline, with a stop-loss in place below the recent low if the trend is broken, and look for a potential rally towards the liquidity zones in higher time frames, with the resistance zone as our primary objective.
https://www.tradingview.com/x/F9XwKuj7/
🇺🇸 US Congressman introduces bill to allow federal income tax to be paid with #Bitcoin 👀
“By enabling taxpayers to use Bitcoin for federal tax payments, we can promote innovation, increase efficiency, and offer more flexibility to American citizens.”