US Government Just Sent $240M in Bitcoin to Coinbase.

The U.S. government appears to be selling more Bitcoin, with a known federal wallet address sending another 3,940 BTC ($240 million) to Coinbase on Wednesday.

The move to Coinbase Prime—the exchange’s institutional platform—was immediately picked up by blockchain sleuths, highlighting a blockchain transfer at 1pm ET for just $18 in fees.

Expert opinions were split regarding where the government obtained the transferred Bitcoin.

According to on-chain sleuth ZachXBT’s Telegram channel, the funds were part of the reclaimed Bitcoin from the “Silk Road hack.” After the infamous darknet marketplace shutdown in 2013, the Justice Department tracked down the hacker and seized 50,676 BTC, which the government has been selling off in batches ever since.

Aside from Silk Road, many of the government’s coins were reclaimed from 2016 Bitfinex hacker Razzlekhan in 2022. But Blockchain data platform Arkham Intelligence says the coins stolen today came from neither of those sources.

“This BTC was originally seized from narcotics trafficker Banmeet Singh, and forfeited at trial in January 2024,” the firm tweeted on Thursday.

#btc #bitcoin #btcanalysis #binance #salmankhanwazir @Salman Khan Wazir

The author of the bestseller "Rich dad poor dad” highlighted the potential of the leading cryptocurrency to enter the so-called “Banana Zone“.
.........
IN publication on X (Twitter) on June 26, Kiyosaki expressed his firm belief that BTC will soon make a parabolic rebound.

The term "Banana Zone” was coined by Raoul Pal, CEO of Real Vision and an expert in macroeconomics, to describe the potential parabolic jump of Bitcoin. 

Kiyosaki agreed with Pal's view, noting that the term "creates great excitement". He emphasized that Pal, with his extensive experience as a senior executive at Goldman Sachs, has deep knowledge.

"Yes, I believe Raul Pal knows what he is talking about. (…) The “Banana Zone” is when Bitcoin goes up… goes parabola… creates a sine curve… when people say “I should have bought some”… or “I should have bought more Kiyosaki wrote.

$BTC #robertkiyosaki #BinanceTournament #btc #BTCanalysis #salmankhanwazir @Salman Khan Wazir

VIP Trade :
Pair: $IOTA /USDT (Binance, ByBit)
Direction: ⬇️SHORT
--
Position Size: 2 - 4%
Leverage : 3 -5X
Trade Type: SWING
--
ENTRY : 0.1826 - 0.1708
(OTE: 0.1768)

🔘Target 1 - 0.169
🔘Target 2 - 0.167
🔘Target 3 - 0.164
🔘Target 4 - 0.16
🔘Target 5 - 0.158
🔘Target 6 - 0.155
🔘Target 7 - 0.153
🔘Target 8 - 0.15
🔘Target 9 - 0.147

🚫STOP LOSS: 0.1941

RISK: Medium/High
--
Yours truly,

Salman Khan Wazir®

Market Analysis 👀
June 27, 2024
➖➖➖➖➖
⚪️TECHNICAL (4H)
On the daily timeframe, the price action of $BTC is respecting its horizontal support level, marked between $61,228 to $59,742, after squeezing out the sell side liquidity level. 📉🛡️

This support level is crucial, and maintaining it could signal potential upward movement. 📈🔝

⚪️WRAP-UP (VIP)
Currently, on the H2 timeframe, the price action is showing the structure of a Bullish Double Bottom pattern. This suggests that the price of $BTC might drop to form the second bottom of the pattern. 📉🔄

$BTC DAILY RANGE:
📈Upper Limit: $64,035
📉Lower Limit: $59,783
(+-7.11% based on moving average volatility open/endpoints)

📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲$59,783
🔴SHORT
💲$60,996
➖➖➖➖➖
Salman Khan Wazir®

#marketanalysis #BinanceTournament #technicalanalyst #salmankhanwazir @Salman Khan Wazir

$BTC VIP Analysis
-
BIAS:
Mid-Term: BEARISH
Short-Term: BEARISH
--
As expected, the price action of $BTC showed a short-term increase. 📈 The price action is forming a Bullish Harmonic Shark pattern and consolidating at its horizontal support level, marked between $60,714 and $50,539. 📊

We can anticipate a short-term bounce back from this level. 📉🔄
-
MAIN INTEREST LEVELS

⬇️SHORT⬇️
$61,408

⬆️LONG⬆️
$60,974

PREDICTED DAILY RANGE
$67,652 to $61,125
--
VIP ACTION PLAN

On the H1 timeframe, the price action reveals an FVG gap level marked between $59,953 and $59,635. 📊

If the price action loses the horizontal support level, it could move to fill this gap. 📉
-
Salman Khan Wazir®

#BinanceTournament #BTC☀ #bitcoin #BitcoinAnalysis #salmankhanwazir @Salman Khan Wazir

$INJ Market Analysis

The price action of $INJ is holding at its horizontal support level, marked between $22.735 and $22.378. 📉

We can anticipate a bounce back from this zone, potentially leading to further upward price movement. 📈

However, the price action has shown a candle imbalance below this level, which should be monitored for potential volatility. 🔍
➖➖➖➖➖
Salman Khan Wazir®

#INJ/USDT📈 #BinanceTournament #MarketAnalysis" #CryptoNewss #salmankhanwazir @Salman Khan Wazir

$BTC UPDATE 👀 26/06/24

As you all know Btc trading above 61k
As said btc closed above on our zone trend line support Successfully closed done.

Now currently retesting ongoing there after successfully retest we can se upward move.

Now just sent 3940 btc on coinbase as you know if selling happens then it will invalidate but let's see how it will hold this area.

Till we'll wait for proper breakout above our zone till trade safe use low levrge if you are taking Trades by yourself.

Thanks! 😇

$BTC #BinanceTournament #bitcoin #BitcoinAnalysis #salmankhanwazir @Salman Khan Wazir

JUST IN: 🇺🇸The US Government sends approx. 3940 #BTC to Coinbase.

That's why btc small dumped if selling will happens then will see more other wise no !

#MicroStrategy #BinanceTournament #bitcoin #salmankhanwazir #CryptoNews🚀🔥 @Salman Khan Wazir

VIP MARKET UPDATE: $BTC
➖➖➖➖➖➖➖

The price has bounced off the horizontal support and is currently trading below the descending trendline.

A breakout and subsequent retest of the trendline would confirm a bullish signal, while a breakdown and retest of the horizontal support would confirm a bearish signal.
➖➖➖➖➖➖➖
- Salman Khan Wazir®

#BinanceTournament #CryptoTradingGuide #marketanalysis #salmankhanwazir @Salman Khan Wazir #Megadrop

Pair: $MASK /USDT (Binance, ByBit)

Direction: ⬆️LONG
--
Position Size: 2 - 4%

Leverage : 3 -5X

Trade Type: SWING

--
ENTRY : 2.2 - 2.56
(OTE: 2.4)

🔘Target 1 - 2.58
🔘Target 2 - 2.60
🔘Target 3 - 2.62
🔘Target 4 - 2.75
🔘Target 5 - 2.95
🔘Target 6 - 3.4
🔘Target 7 - 4.5
🔘Target 8 - 5.5
🔘Target 9 - 6.6

🚫STOP LOSS: 2

RISK: Medium/High
--

#mask #BinanceTournament #Megadrop #MicroStrategy #salmankhanwazir
@Salman Khan Wazir

OPEN — LONG 📈  (SPOT)

Trading Pair:  MANEKI/USDT

Entry: 0.01003 (Market order)

Averaging (DCA): 0.07006, 0.0435

Targets:
0.01363
0.02084
0.02808
0.03576
0.05166
And more🚀

Be sure to use risk management. No more than 2% of the deposit on this trade!

#maneki #future #binance @Salman Khan Wazir #salmankhanwazir #BinanceTournament

💎$BTC /USDT ANALYSIS

Bitcoin is currently testing the horizontal resistance zone of an ascending triangle on the weekly timeframe. This pattern suggests the potential for a significant process movement, as ascending triangles often precede breakouts.

The 21-day moving average is acting as a resistance level. A breakout above this moving average would indicate a bullish trend, likely leading to higher prices.

Conversely, if Bitcoin fails to break through the 21MA, it may result in a downward movement within the triangle, potentially revisiting lower support levels.

#btc @Salman Khan Wazir #bitcoin #BTCanalysis #salmankhanwazir

$BTC Update 👀

As u can see btc breakdown trend line and also our important line I have marked with dark blue arrow according to this it can dump till 61k to 60.7k approx in lower tf if breaks 61140 area then will see.

$BTC UPDATE VIP

--------------------

🥇 #Bitcoin exchange balances are hitting six-year lows, but some analysts argue this metric is overrated.

#salmankhanwazir #btc #bitcoin @Salman Khan Wazir

🇺🇸 PAIR 🔘 $NOT /USDT
Exchanges: Binance

📈 LONG
Cross (25X)

✔️ Entry Targets:
0.015935

☑️ Take Profits:
1) 0.01609
2) 0.01625
3) 0.01641
4) 0.01657
5) 0.01673
6) 0.01689
➖➖➖➖➖➖

✖️ Invalidation Price:
0.01434

Salman Khan Wazir©

#not #salmankhanwazir
@Salman Khan Wazir

👨🏽‍💻 Coin: $BNT /USDT 💻
○ Exchange -> Bingx, bianance 👉

Signal Type: Regular (Long)
Leverage: Cross (50х)

Entry Targets:
0.6213

Take-Profit Targets:
1) 0.63062
2) 0.63683
3) 0.64305
4) 0.65237
5) 0.65858
6) 0.66790

🔻 STOP LOSS Target:
5-10%

Salman Khan Wazir®

#salmankhanwazir

@Salman Khan Wazir

👨🏽‍💻 Coin: $BEAMX /USDT 💻
○ Exchange -> Bingx, bianance 👉

Signal Type: Regular (Long)
Leverage: Cross (20х)

Entry Targets:
0.016850

Take-Profit Targets:
1) 0.01710
2) 0.01727
3) 0.01744
4) 0.01769
5) 0.01786
6) 0.01811

🔻 STOP LOSS Target:
5-10%

Salman Khan Wazir®

#salmankhanwazir
@Salman Khan Wazir

👨🏽‍💻 Coin: $BB /USDT 💻
○ Exchange -> Bingx, bianance 👉

Signal Type: Regular (Long)
Leverage: Cross (20х)

Entry Targets:
0.4282

Take-Profit Targets:
1) 0.43462
2) 0.43891
3) 0.44319
4) 0.44961
5) 0.45389
6) 0.46032

🔻 STOP LOSS Target:
5-10%

Salman Khan Wazir®

@Salman Khan Wazir

#salmankhanwazir

👨🏽‍💻 Coin: $BAKE /USDT 💻
○ Exchange -> Bingx, bianance 👉

Signal Type: Regular (Long)
Leverage: Cross (50х)

Entry Targets:
0.2739

Take-Profit Targets:
1) 0.27801
2) 0.28075
3) 0.28349
4) 0.28760
5) 0.29033
6) 0.29444

🔻 STOP LOSS Target:
5-10%

Salman Khan Wazir

#bake #future #trading #BinanceTournament #salmankhanwazir

👨🏽‍💻 Coin: $BAT /USDT 💻
○ Exchange -> Bingx, bianance 👉

Signal Type: Regular (Short)
Leverage: Cross (50х)

Entry Targets:
0.1908

Take-Profit Targets:
1) 0.18794
2) 0.18603
3) 0.18412
4) 0.18126
5) 0.17935
6) 0.17649

🔻 STOP LOSS Target:
5-10%

Salman Khan Wazir®

#bat #future #trading #BinanceTournament #salmankhanwazir