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Alts Are Pumping Hard After A Deep Blood Bath.
Could this be the beginning?
#altsesaon #CryptoTradingGuide 

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$BTC WOES NOT OVER? THEN BRACE FOR FURTHER CRASH TO 47000 🚫 Although Bitcoin has reclaimed the $56K level in the past few hours, it's sudden drop below $54K on July 5 has reminded the investors of the intense volatility associated with the market. In the larger time frame, BTC has been down by 7% and 20.25% in weekly & monthly frames respectively. 📉 A crash towards $47000 CEO of CryptoQuant Ki Young Ju noted the possibility of BTC dropping to $47K. According to him Bitcoin is still in a bull market in the larger time frame, which will continue until early 2025. This school of thought resonates with many other price outlooks for BTC, especially in the long term. Despite this bullish projection, market participants are currently struggling with short-term bearish conditions. He further warns traders not to open high-leverage long or short positions based on his long term bullish projections due to the prevailing uncertainty. When asked what his long term price target for BTC was, he noted a rise to $112K at the peak of the cycle. This prediction is based on the BTC realised market cap since July 2010. 📢 Bearish Case for BTC Despite the price recovery and a rebound to 57K, the crypto faces a significant risk of falling further amid whale selloffs, which have amounted to over $1.7B in BTC in the past 30 days. Defunct crypto exchange Mt. Gox is also starting to repay it's creditors in BTC after 10 years of inactivity. This is anticipated to unleash a $2.71B worth supply of Bitcoin into the market, perhaps intensifying selling pressure. So, a reversal to the downside is not out of the books yet. If Bitcoin were to fall to $47K, it would represent a 16% decline from the current price level. #MtGoxJulyRepayments #BinanceTurns7 #BinanceTournament $BTC

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$FET Binance Finally Completes The Merger But it's only a half way mark now. After a long haul for 4 days, the merger of Ocean.ai (Ocean) and Singularity Net (Agix) into Fet tokens is finally completed. The conversation rate for both of these tokens remained almost the same, that is 1 Agix or Ocean = 0.433 ASI. Now 1 ASI = 1 Fet, so in this manner users have got 0.433 Fet tokens for every Agix or Ocean token (whichever they hold). After conversion the Fet tokens are now available in the spot wallet of users. The final step remains where the Fet tokens will become ASI (Artificial Super Intelligence). #MtGoxJulyRepayments #ASILAUNCH

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THIS BULLRUN WILL BELONG TO US 💪🏼 Like in crypto/stocks, there is a breakout after a long consoldation in a range, where after hitting resistance for months or even years there is a multiyear breakout and it reaches new highs. This is a breakout win for us, for the 1.5 billion Indians. For years, we have played well , been consistent in a range, consolidated but not able to get past the finish line, that resistance in ICC trophies, yesterday i believe is a 13 year breakout for our team and with this win, I think we would be winning many ICC trophies consistently in the years to come. Similarly this bullrun will belong to the retail traders, being through the previous bull run it was not easy at all. As a matter of fact it completely changed my life and my approach towards the market giving more clarity in thought, mindset and the game plan as well. Due to travel and some hectic schedule I wasn't able to post. At times a dull market won't even fascinate you but this is the energy I've actually been waiting for, in fact the entire nation was waiting for. We are still in a rough market where things are going silently but that doesn't mean things won't change. The BREAKOUT is imminent. 📈 This gives me hope, this gives me motivation 🙏🏼 #VanEck_SOL_ETFS #IntroToCopytrading

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$BOME Is It Too Late To Buy BOME? . Book Of Meme Price Soars 14% And This Might Be the Next Crypto To Explode The price surged 14% in the last 24 hours to trade at $0.01076 as of 3:20 a.m. EST on a 211% leap in trading volume to $264 million. The resurgence in activity around BOME is also evident from its rising futures open interest, which surged 14% in the past seven days to $60.25 million. A recent rise in these metrics has made Bome one of the hottest meme coins in this bull run. 📊 BOME Price Spikes Above the Falling Channel After a long period of declining prices, marked by a bearish wedge pattern, the popular meme coin Book of Meme (BOME) has begun to rebound. BOME price bulls have regained momentum after a downturn, which saw the bears push the price down to the $0.008126 support zone. The double bottom formation has given the bulls the boost they needed to lift the price above the falling wedge. Additionally, the BOME price has surged above the 50 Simple Moving Average (SMA), breaking out of the bearish channel. This shift in momentum indicates an upward trend ahead. A little push to the upside may push the price above the 200 SMA, which currently acts as a barrier to the price. The RSI also reflects this uptrend, moving above the 50 midline level and retracing around the 70 overbought zone. Currently hovering around 67, the RSI suggests strong buying pressure. If momentum continues to increase, the RSI could move into the overbought zone above 70, signalling heightened buying interest and reinforcing BOME’s bullish outlook. 🪙 Book Of Meme Price Prediction: Bull Rally Ahead? Despite a slight rebound, BOME seems ready to trade above the 200 SMA resistance. The bullish moving average has enabled the bulls to push the price back above the falling channel, aiming for the previous high of $0.01310. If they can break through this level, the bulls could propel the price to $0.01390 in the coming days. *This is not investment advice. #BOMEUpdate #CryptoPCEWatch #VanEck_SOL_ETFS

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$PEPE BREAKS BULLISH FLAG & POLE 🚀 It starts off this week with a bang and back in action again. In fact the foundation was laid back already in the previous week itself. 📊 When I mentioned in the previous post that it may add a zero but that would be temporary and won't sustain long, it was actually coming. As a matter of fact it broke down the crucial support of $0.00001 just a week ago on Tuesday June 18, but bounced back immediately and closed above $0.00001075 which became resistance for some time, but settled again as the important support line. ✨ But as you can see in the chart, after Pepe closed above $0.00001075 forming a hammer (visit thread), it stayed above this support level throughout that week. Even the breakdown yesterday couldn't sustain for long and what a fine CANDLE formation appeared. It took support on the lower band, closed on a solid $0.00001134 yesterday and today went Boom 💥 A solid candle today with no lower shadow, easily breaking the bullish flag and pole, resistance of $0.000012 and the middle band (20MA), all these three crucial metrics. Big cheers to those who bought at the low near those support levels of $0.00001and we will surely witness $0.000014 this week. But make sure if you're going long mind that leverage. *This is not investment advice. #PEPEATH #CryptoPCEWatch #Megadrop $PEPE

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