One of the historical screenshots from last cycle , back then everyone also thought that it was the end of crypto.
Same people saying again that now . đ We all know we are going here . Does it really matter from which point we going higher 54k or 50k ?
Trust on process , most of alts didnt touch ath . Have some patience they will break previous ath . Its now massive shakeout before biggest bull-run Q4-2024 & Q1-2025!!
A rate cut could spark a sustained surge in Bitcoin. While it might experience a dip or decline through the end of September, a strong rise is expected afterward. #BTC to the moonđđ
October holds strong potential to outperform September in the crypto market. Historically, Bitcoin has seen an average return of +22.9% in October, compared to a -4.48% decline in September. This positive outlook is supported by growing institutional interest, the potential approval of Bitcoin Spot ETFs in the U.S., and possible rate cuts by the Federal Reserve.
Moreover, technical indicators suggest Bitcoin is gaining momentum, positioning October as a strong candidate for a bullish rally. There's a solid 60-70% probability that October will be more bullish than Septemberđ€đ
#BTCdominance (BTC.D) has unfortunately broken out of its resistance zone, and with Bitcoin surging, BTC.D is rising as well. This isn't favorable for altcoins. If this momentum continues, we may not see significant movement in altcoins, even with Bitcoin's rise. For altcoins to perform well, BTC.D needs to at least retrace to the zone it just broke out of. For even stronger alt performance, BTC.D would need to break below that zone and pull back to lower levels.
In the current situation, avoid getting too excited by Bitcoin's pump. Be patient and wait for the right moment to enter alt positions.
NEIROETH plunges 42%, while $NEIRO surges nearly 1000% overnight following Binanceâs listing decision. Key observations include:
â Traders are seeing massive returns on the rise of $NEIRO : - Early holder "Ox6ac" has earned $1.77M (45x). - Sniper "0xc05" gained $619K in under a day using the #BananaGun bot. - Trader "0x090" secured a $302K profit (+603%) in just four days.
â #Wintermute continues to accumulate #NEIROETH despite the sharp price drop: - Over the last 24 hours, Wintermute Trading added 19.11M $NEIROETH, raising their total holdings to 55.36M $NEIROETH ($4.11M).
MicroStrategy is raising $700 million through the sale of convertible senior notes, an increase from its original target of $500 millionđ° The primary aim of this fundraising is to acquire additional Bitcoin, further increasing the company's already substantial cryptocurrency holdingsđ
Led by Michael Saylor, MicroStrategy has become the largest public company holding Bitcoin, with more than 214,400 Bitcoin, valued at approximately $15 billionđ
The convertible senior notes, maturing in 2032, offer investors the opportunity to convert them into MicroStrategy stock. This provides potential gains from Bitcoin's price appreciation while also offering some downside protection.
While the funds can be used for general corporate purposes, the primary focus remains on purchasing more Bitcoin, making the company's stock performance closely tied to the cryptocurrency market.
This strategy emphasizes MicroStrategy's strong commitment to cryptocurrency and reinforces its role in the rapidly evolving digital asset landscape.
It's been 151 days since the Bitcoin halving. In the 2020-21 cycle, Bitcoin traded sideways for 160 days post-halving before experiencing a parabolic riseđ
Ethereum sentiment is at its lowest since 2017, and many seem to be in disbelief, overlooking how rapidly ETH can surge once it gains momentum. Look at 2017 and 2021âthose were the moments to exit, not to enter the market.
Currently, ETH is nearing its strongest support level since its inception, making this a poor time for bearish outlooks.
When ETH takes off, it does so quickly, often within 40-50 days. Thatâs the window to scale out of altcoins and exit the market.