#Bitcoin There was a GAP gap between $64,295 and $64,130 on the 1-hour chart of CME futures. I said on my Crypto Heads YouTube channel that there might be movement in these prices.
This gap has been filled. The good news is.
Again, on the 1-hour Bitcoin futures side, a GAP gap occurred between $66,305 and $66,285.
Although it is not certain, a move towards $66,305 may occur. $BTC
If $BONK rises above the 3100 level and stays there, the target of the symmetrical triangle formation is 4144.
However, buying inside the triangle is dangerous. Buying will be safer after making sure that the triangle is broken upwards. If it breaks downwards, it may make a sharp move.
Those who have been making baskets for the last 3 months and those who keep them for the long term are making good profits. While I am telling you what I bought in the Altcoin baskets, for example, we have already made 2x in $ARB , $FET and $ARKM .
Generally, I see that those who lose money are on the leverage side or those who open spot transactions trying to hit and run from the wrong place at the wrong time.
As someone who has been in this market for years, it is necessary to stay away from leveraged transactions and know how to be patient by making a basket of Altcoins with good long-term old and new projects, rather than taking unnecessary risks.
A symmetrical triangle is present in the diary at Arbitrum ARB. It started to break this upward. If it stays here and does not enter the line again, ATH can be renewed with 2.42-43.
However, my target of 2.88 still continues with the cup handle on the big chart on Arbitrum. #arb $ARB
🔥According to Bloomberg, cryptocurrencies in the USA will be measured at fair value according to the Financial Accounting Standards Board (FASB) rules.
To explain this, for example, a company in the USA bought Bitcoin at $ 40,000, it dropped to 30,000 and then it became 50,000.
Even though the Bitcoin the company bought is currently in profit, they have to enter the lowest price in their books as a loss of 10,000.
ETF issuer Global X recently filed for a crypto fund, introducing its Bitcoin Trend Strategy ETF as the latest niche offering in the cryptocurrency investing space. While the offering does not include a spot bitcoin ETF, it does offer a unique iteration of a bitcoin futures ETF, following in the footsteps of the first such ETF to launch in October 2021.