BTC UPDATE

The price shows that it now wants to make ATH. In my previous post, I pointed out the accumulated liquidity around 67k, but the current rate is no longer important. The price now wants to go to the OI Gap area above, that is, the area where Market Maker wants to shift the price, because many traders most likely want to short the market by trading in this area.

When we look at the second picture, there is a strong liquidity pool starting from 72k above and going up to around 76-77k, which strengthens our explanation. I want to go over a scenario here. I think we will stall the price and move it to the 73-74k region with very large candles, then it will create fuel by liquidating the short positions in the region and the worst I expect is for it to be thrown into the 75xxx region.

Let's discuss what you think about these in the comments.

#Binance #Bitcoin #StartInvestingInCrypto #btc $BTC

In my post yesterday, I wrote to you about the 70.3k level, the price went to the liquidity zone right there and then was sold. After this stage, the 66.7k level I see on the map should be careful, those with long positions should act carefully. #Bitcoin #Binance #Write2Earn!

-Weekly BTC Update-

We have been moving within the range shown in the picture below for about 3 months. The price continues to hang in the middle of the range these days. Non-Farm Employment data, which is an important data, will come on Friday this week and a volatile market will be waiting for us. Now, the questions we need to ask ourselves here are:

-Which scenario is more likely next?
-From here, is the journey back to range high levels or is the journey back to range low?

Personally, I cannot see a very obvious situation in the liquidity map we see in the 2nd picture. What catches my eye on the 1-month and 1-week liquidity map is only the 70.3k level.

In the 4th picture I posted, there is a clear upward trend in the order books, which is very nice. We have strong support at mid range + 1D 50EMA. If we lose here, we will fall back to the lowest levels. But in my opinion, we are more likely to reach range high.

When we look at the last picture, I tried to show the most reasonable scenario in my mind. Why do I think this way? First of all, we should not forget that the price always needs liquidity. That's why I think if the price is going to go up, people will first activate their stops below and target the liquidity zones above with the necessary liquidity. I will follow this scenario until around 65.8k and in case of violation, we will determine a new road map. $BTC #Bitcoin #Binance #BinanceHerYerde

The amount of Ether on the exchanges is constantly decreasing! As you can see in the first picture, while the price of $ETH is increasing, the amount held by the exchanges continues to decrease every day. You can understand it better in the first picture.

In the second picture, the amount of ether increased in 7 days, 7k eth burned against 17k eth, is truly an excellent figure! 10k ETH per week

Newly launched ETFs #Bitcoin in Figure 3 currently have approximately $30 billion in AUM over a 138-day period. When we take the 7-day average, we get an inflow of roughly 1.5 billion dollars. Considering that ETH ETFs will have approximately 10-15% of BTC ETFs, according to experts, we get an average weekly inflow of ~$150 million or 38,000 ETH PER WEEK (at an average price of $4k), roughly 28,000 ETH based on the current weekly issuance.

Now, let's look at the second picture again. 10k eth is produced weekly and according to our calculation, the first entries are expected to be around 28k eth. In the first picture, there was the current amount of eth on the exchanges. It is not very difficult to set up the equation from here on. The stock markets are unable to meet the ever-increasing demand and the incredible rise of the price as a result of the supply-demand imbalance. This is not my guess, it is an inference we made in the light of the data provided to us by BTC ETFs.

#Binance #ETH $ETH

WHAT AWAITS US IN THE MARKET? -BULL RUN PHASES-

I will start by explaining why I opened my ethereum exposure, which I updated in my previous post.

As you can see in the first picture, the bull in the cryptocurrency markets consists of some phases, as we have experienced in the past, and these phases are actually completely related to the flow of money, and this flow did not change in the previous bulls, only new side phases that are not in this picture came to them. I will mention it later in the article.

Phase 1: As you can see in the second picture, what started after the FTX crash and the bottom we experienced around $ 15000 and brought us to 737xx was actually the Btc rally, which was the first phase of the bull. As can be understood from the differences in dominance and total / total2-3, this is the section where more $BTC focused entries occur rather than ETH and altcoins. Our story in this bull case is BTC ETFs, which, as you know, are incredibly important for our market. Large investment funds and different corporate players have entered the market, and while we were previously a smaller ecosystem within ourselves, we have now become a product recognized by traditional markets. From here on, we are slowly moving to Phase 2 with the constantly renewed ATH levels on the BTC side.

Phase 2: In fact, we have come to the movement led by $ETH , where the altcoins in our bag have started to show small movements, which all crypto lovers have been eagerly waiting for. As we expected in this bull, we will see a similar price movement on the $BTC side with the ETF news and subsequent acceptance on the #ETH side. Friends, as you can see, as in the system narrative, first the BTC news and rally, then an incredibly strong ETH that I have been experiencing for about a week, and the money flow we see in the ETH / BTC parity. As I mentioned at the beginning of the article, the situation is entirely related to the flow of money and during transitions between phases, there is usually a correction movement in the market. At this stage, what we need to follow is the ETHETF news, which was recently approved but has not yet been processed.

$ETH -UPDATE-

It was a later move than I expected, but my exposure at around $2940 left an excellent profit. Since it is an important resistance zone for me, I sold a very small amount of profit, but this does not mean that I think the movement will not continue. I returned from vacation and I need money :) I will share a series of articles in which I talk about why I did not close the position and what we will see in the 2nd phase of the rally that awaits us.

#Binance #Bitcoin #web3

We see, friends, that those who are right are in no hurry. After making this post, only #Bitcoin rose more than 10%. Nobody here knows what the next move will be, but we, those who trade in this market, are a little luckier, at least we have cycles that we encounter with tangible data. I tried to explain to everyone around me and in broadcasts that this rise we are experiencing is only a $BTC rally and that we have not experienced satisfactory prices for altcoins yet. Yes, the rally this time is more difficult than the previous bull period, but those who know the cycle and stick to the plan continue to win. To be honest, my spot portfolio has melted by more than 40%, including profits, but as you can see, all colors and scenes can change in crypto in 2 days, so we continue to take transactions in line with the targets and hold on tightly to our spot portfolio. Don't let anyone sell you a dream, make your plan and stick to it. #Binance #btc

#Binance 54. Launchpool Project Became $NOT Coin Not Coin is a type of "tap-win" game found in the Telegram application. Users earn points by playing games. These points will then turn into $NOT tokens and will be distributed to users as airdrop in $NOT tokenization.

I think the best part is that the entire total supply of $NOT Coin will be in circulation and will have zero inflation. There will be no increase in supply. Approximately 102 billion initial supply will be released and 3% of the total supply will be distributed through Binance Launchpool.

To join Launchpool, you can start farming by staking $BNB and/or $FDUSD in the Not Coin section of the Launchpool section of the Binance Launchpad page. With this farming, you will be able to earn $NOT in the amount calculated by staked amount * staked time.

WARNING: Binance will be the first platform to list $NOT tokens. Trading will start on the specified date. Those who claim that you can buy this token before the specified date will direct you to the wrong contract and cause you to lose your money. For the safety of your funds, please do your own research.

#ETFvsBTC I think the whole process we are currently going through has been a #BTC bull and after this interim correction, I think the real euphoria will happen then and #ETH will definitely lead this process. While everyone is talking about BTCETFs in the Asian market, I think the main thing that should not be ignored is that ETHETFs, which are not currently available in the US, have also been implemented. I think the winner of this half will definitely be $ETH and I have made all my preparations accordingly.

If we look at the #Wyckoff Reaccumulation pattern and consider where the price of #Bitcoin is now, we will see that we are in Phase C after the TSO (shakeout).
In support of this theory, I also see a #bullish #flag pattern in which, after a breakthrough, a continuation of the uptrend is expected.
In support of the #bullish #sentiments, we have a Morning Star pattern on daily Candles and a Hammer on weekly!
Looking at the weekly chart we are still in an #uptrend and this correction is healthy after the ATH breakout and profit-taking!
If we add the interest of the #ETF + the Bitcoin #halving, which reduced the supply from miners to -50%, I think that after a short accumulation, we can see a serious rally to levels around $100,000 for #BTC

This will trigger the last euphoric wave and we will see an #altcoin #season this year! #Bitcoin #btc #Binance

Changpeng Zhao, also known as CZ, was convicted of violating US money laundering laws in November and was free to travel in the US on a $175 million bail. A federal judge sentenced former Binance CEO Changpeng "CZ" Zhao to four months in prison for violating US money laundering laws. Before he was sentenced, CZ apologized for his actions and said he had "spent a lot of quiet time alone to think and reflect." He added that Binance accepts responsibility for not implementing an effective AML program. Personally, CZ is one of the characters that made me love crypto. I'm sure many people do too. I hope he returns to us soon. #FreeCZ #Binance

#Binance 53. Launchpool Announces Renzo ($EZ)!

Renzo is an Eigenlayer based restaking platform. It is a liquid restaking protocol where you can lock Ethereum and replace it with ezETH, and benefit from different platforms by investing these ezETHs on other platforms by transacting 2 units with 1 unit of $ETH. In this way, using AVS as a validator also offers higher returns than $ETH staking. The platform enables easy collaboration between Eigenlayer nodes, eliminating end-user complexity.

250m of the $EZ token, which will be released with an initial offering of 1.05b, or nearly 25%, will be distributed through @Binance Launchpool. The maximum supply is 10b units. Farming will start on April 24 at 03.00 (TSI) and will continue until April 29 at 03.00 (TSI). $EZ Token listing will take place on April 30 at 15.00 Türkiye time.

To join Launchpool, you can start farming by staking $BNB and/or $FDUSD in the Renzo Protocol section from the Launchpool section of the Binance Launchpad page. With this farming, you will be able to earn $EZ in an amount calculated by staked amount * staked time. Good luck. #BinanceLaunchpool!

For friends who say halving has almost arrived but cryptocurrencies are falling; During every halving event, we have witnessed some volatility before or after the halving. If you look at the chart, after the last drop, the structure is very similar to 2016, where the price pulled back and remained sideways for a few months before rising again after the halving event. Remember, what we have seen so far has been an improvement to the previous ATH. The real bull run begins a few months after the Bitcoin halving. So don't stay out of the game during this period. Good luck. #Bitcoin #btc #Binance

Big day for Bitcoin miners: The halving is starting! With the #Bitcoin halving, which will take place between April 18-20, the electricity costs spent by Bitcoin miners to produce coins will roughly double and the rewards they receive will be halved. This could hurt miners' profitability at first. But historically, miners' profits have tended to rise in the months after each halving (as the Bitcoin price increases). Price declines during the halving may offer opportunities to investors. Capriole Investments Bitcoin Production Cost Indicator also explains this. The dark green line at the bottom estimates the average electricity cost for mining a single bitcoin, while the purple line in the middle represents the total cost (electricity plus operating costs). The light green line shows how much miners sold their coins for. So the further above the green line is the middle line, the more profit miners make on average. Now, the largest gaps between the light green and purple lines started nine months after the 2016 halving (first rectangle) and six months after the 2020 halving (second rectangle). This is mostly because the price of Bitcoin rises after each halving (and stays higher for a while). We should also point out that this year's event has a special importance compared to previous halvings. This year, the U.S. Securities and Exchange Commission's approval of 11 Bitcoin ETF applications positioned Bitcoin for a wider sea of ​​investors, causing the cryptocurrency to set a new record ahead of the halving cycle. Moreover, these developments led to a highly optimistic change in target prices for Bitcoin. For example, Standard Chartered raised its year-end price forecast from $100,000 to $150,000, “given the rapid transition from ETF inflows to the Bitcoin price.” #Bitcoin #Binance #btc

cc: Midas

Good morning friends, we woke up to great news;

Hong Kong has approved spot Bitcoin (BTC) and Ethereum (ETH) ETF (Exchange Traded Fund) applications. Now that the Chinese side has joined the party, the real fomo may start to arrive. We have always been interested in the US side and they were the ones who started the story, but I think the real driving force of the big $BTC whales will come from the Asian side. I think this is just the beginning, incredible liquidity will begin to flow into the market with this news. WE ARE NOT ENOUGH BULLISH! #BTC #ETF #Bitcoin

There is a possibility of such a bullish wolfe on the #Ethereum✅ $ETH side. If this formation puts us above the red box, then the decline that has been going on for 2 days will disappear and wallets will be very positive. It is useful to follow.

Good morning friends, yesterday's decline was very difficult for me too. I'm sorry for those who lost, but please remember that bull markets need such corrections. There is nothing to do for those who experience losses in leveraged markets, those who are in the spot market like me have to continue to wait. Don't worry, the future is bright keep grind! I will post a nice #ETH chart soon, I hope morale will improve.

#BTCDOMİNANS Dominance chart of someone I follow fondly. I wanted to share it with you because I'm waiting for a return from here. Although bitcoin experienced a slight decline yesterday, altcoins officially disappeared. Friends who traded in futures and lost money, I am sorry for your losses. I've been saying for the past 2-3 weeks that I have reduced futures transactions to a century. We didn't know the time, but a correction appeared to be in sight. There is no problem with my spot bag yet. According to this chart, money must now flow to altcoins, otherwise serious turbulence awaits us. $BTC

Good morning friends. We started Friday well. #Binance 52. Launchpad project became #OMNI . Omni Network (Omni) is a layer 1 blockchain designed to integrate Ethereum's aggregation ecosystem into a single unified system. Using Omni, developers can natively build global applications that access all of Ethereum's liquidity and users by default. The total supply is 100,000,000 and in the first stage 10% of the total supply is reserved for #Launchpad . Binance launchpad continues to bring projects. Likewise, I will participate with 1250 fdusd, $saga and $ena earned very well, I think the situation will not change here, I will share the results here.

#WormHole I made my first spot purchase from these regions. I think he made amends with CT with the airdrop he made after the project, which came to the fore with a big hacking news at the time. If we look at the project details briefly; A protocol that enables the transfer of tokens between different blockchains without going through a third-party exchange. I think wormhole will be used extensively in trend changes between categories, especially during this bull run. If it reaches around $0.60-50, I will buy 1 more level. Good luck. #Binance $W