🚨🚨WHALE ALERT🚨🚨
11,358 Bitcoin (BTC) Moved in One Hour - What's Behind This?
Whale Alert, a prominent tracker of blockchain activity, observed several consecutive large Bitcoin transactions earlier today, collectively moving nearly a billion U.S. dollars within just sixty minutes.
This activity coincided with Bitcoin's recovery following a 4% decline on Tuesday.
11,358 Bitcoin on the move.
The tracker detected three consecutive transactions transferring a total of 11,358 BTC, equivalent to more than $743 million.
These transactions involved 6,499; 2,359; and 2,500 Bitcoins, with the first transfer alone valued at almost half a billion U.S. dollars.
These significant transfers occurred between undisclosed blockchain addresses, including 6,499 BTC and 2,359 BTC originating from the same wallet, vtv93w.
Bitcoin Recovers After Recent Decline Amid Fourth Day of Bitcoin ETF Outflows.
On Tuesday, Bitcoin, the leading cryptocurrency, made waves by falling 4.05%, dropping to the $64,360 range.
Since then, in the past 24 hours, BTC has rebounded, attempting to break above $65,590. However, it encountered resistance and is currently trading at $65,148.
Among the factors contributing to Bitcoin's recent decline was the absence of inflows into spot Bitcoin ETFs on June 18. The Grayscale Bitcoin Trust experienced a significant outflow of $62.3 million, second only to Fidelity's ETF, which saw $83 million in Bitcoin withdrawals.
#bitcoin #whalealert #btc $BTC $ETH $SOL

As stocks climb, Bitcoin faces a downturn.
The last instance of such divergence saw Bitcoin take 15 days to reverse course, ultimately surging by 80%.
Could we see a repeat of history?
$BTC
#Binance #CryptoTrading #Bitcoin #Cryptocurrency #BTC

$BNB experienced a drop below the immediate support level of $590 on June 18, though it held above the critical support at $560, indicating limited selling pressure at lower levels.
Currently, bulls are aiming to initiate a recovery and breach the moving averages. Successfully surpassing this hurdle could propel the BNB/USDT pair towards $617. This level holds significance, as a breakout above it would signal the end of the corrective phase, potentially paving the way for a push towards $722.
Conversely, a retreat from the overhead resistance might prompt bears to attempt pushing the pair below $560. Should they succeed, the next support levels to watch are around $536.
#BNBHODLer #BNB #BnbAth #BNBToken
$BTC $ETH

$SOL experienced a drop below its descending channel pattern on June 18, but the dip was quickly bought up by bulls, evident from the long tail on the candlestick of that day.
With the 20-day EMA trending downwards at $152 and the RSI in negative territory, bears currently hold sway. A reversal from the current level or the 20-day EMA could prompt bears to target the critical support at $116 for the SOL/USDT pair, likely attracting strong buying interest from bulls.
This bearish scenario could shift if the price reverses course and breaks above the resistance line in the near term. Such a move could potentially propel the pair towards $176.
#sol #Solana_Blockchain #altsesaon #btc
$BTC $ETH

The bears managed to push #Dogecoin below the significant support level at $0.12, but their inability to sustain lower prices indicates strong defense from the bulls at this level.
Buyers are expected to initiate a recovery attempt, although they will likely encounter strong resistance near the 20-day EMA, currently at $0.14. A rejection from the 20-day EMA could prompt bears to attempt another push below $0.12. A successful break below $0.12 could potentially lead the DOGE/USDT pair towards $0.08, marking a continuation of the downtrend.
Conversely, a rally above the 20-day EMA would indicate potential for the pair to consolidate within the $0.12 to $0.18 range for a longer period.
$DOGE $SHIB $BTC
#altcoins #memecoins #bearish #bullish

$SHIB broke below the key support level of $0.000020 on June 17, indicating bearish control.
On June 18, the price declined to $0.000017, marking the 78.2% Fibonacci retracement level, where buyers intervened. Currently, the SHIB/USDT pair is attempting a recovery, likely encountering strong selling pressure around $0.000020. A sharp rejection at this level could prompt bears to target $0.000014.
This bearish outlook would be reconsidered if the price reverses higher and surpasses the moving averages, suggesting robust buying interest at lower levels.
#shiba⚡ #AltcoinStars #MemeCoinCrash #BNBHODLer
$BTC $ETH

$ETH is currently consolidating tightly between its moving averages, indicating a possible impending breakout.
A move above the 20-day EMA at $3,586 could propel the ETH/USDT pair towards $3,730. This level is crucial for bearish defense; breaching it might pave the way for a potential climb towards $3,977.
Conversely, a downturn below the 50-day simple moving average, currently at $3,436, would signify bearish dominance. Such a move could lead the pair to test psychological support levels at $3,000 and potentially down to $2,850.
$BTC $BNB
#ETH #ETHETFsApproved #BlackRock⁩ #BTC

$BTC recent price analysis shows it has tested the lower boundary of its established range between $64,602 and $72,000 on June 18. The lack of a strong rebound from this support level suggests continued selling pressure from bears.
With the 20-day exponential moving average currently at $67,249 and the relative strength index (RSI) below 40, the market momentum favors the bears. A breach of the $64,602 support level could potentially push the BTC/USDT pair down to $60,000.
Nevertheless, the bulls are expected to defend the $64,602 support level vigorously. A reversal from the current price level, coupled with a move above the 20-day EMA, would indicate the beginning of a strong recovery phase. In such a scenario, the pair could target a climb towards $70,000.

$ETH $BNB

#BTC #bitcoin #BitcoinAnalysis #Binance

Bitcoin is currently priced around $65,000 as of today, reflecting the market's present condition. The prevailing sentiment leans heavily towards bearish momentum, outweighing subdued bullish indicators. This trend suggests the potential for minor corrective movements influenced by prevailing bearish sentiment📉
Additionally, the conclusion of the New York session on June 19 is expected to impact trading volume, resulting in reduced market activity and liquidity during this period🗒
To summarize, the current analysis points to a predominantly bearish outlook for Bitcoin, marked by notable bearish signals and anticipated lower trading participation following the closure of New York trading hours📌
$BTC $ETH $SOL

#BTC #BlackRock⁩ #BullRunAhead #bearish

🔴 Germans have entered the market to sell $BTC !
💸 Over $425 million worth of Bitcoin was moved from a wallet owned by Germans to other wallets.
As part of this transaction, 1,000 BTC ($BTC ) was transferred to wallets linked with #Kraken and #Bitstamp. 👀

#altcoins #blackrock #bitcoin #SellingCryptos

The average mining cost for 1 BTC reached $74,600. Following the halving this cost briefly surged to $94,320, prompting the shutdown of certain equipment and a temporary decline in hashrate.
💰 Currently, profitability appears reserved for large companies with substantial financial resources or access to inexpensive electricity.
$BTC $ETH $BNB
#bitcoin #BTC #BITCOIN #FED #Inflationrate

Following a recent 24-hour decline, the meme coin's weekly performance has dipped further into negative territory, with $BONK down over 12% in the past 7 days.
BONK has entered a consolidation phase, ranging between $0.00002333 and $0.00002582, following its breakout from a steep descending triangle in recent days. However, renewed selling pressure from traders threatens to breach the $0.00002333 support level.
A drop below this critical level could expose BONK to further downside risk within the next 24 hours, prompting traders to consider short positions. This could potentially drive the Bonk price towards the next pivotal support at $0.00002158 in the short term.
Conversely, maintaining above the $0.00002333 support over the next 24 hours could invalidate the bearish outlook. In such a scenario, Bonk could aim for the immediate resistance at $0.00002582.
A 4-hour candle close above the upper boundary of the consolidation range might establish a strong technical base for BONK, potentially triggering bullish momentum in the following days. This could attract buyers looking to capitalize on the opportunity, pushing the Bonk price up towards $0.00002748 in the short term.
Technical indicators on BONK's 4-hour chart suggest a potential continuation of the downside trend over the next 24 hours. Sellers have recently gained momentum over buyers, as indicated by the RSI crossing below the Simple Moving Average (SMA) line within the past day.
Additionally, the Moving Average Convergence Divergence (MACD) is nearing a significant bearish signal. Over the recent trading session, the MACD line has converged towards the MACD Signal line, approaching a potential crossover.

#MarketSentimentToday #BONK #Bearinshbonk #dump

$BTC technical analysis:
Should the price exceed 66,133.5, our next targets will be 67,179 and 69,461. Conversely, should the price fall below 66,133.5, our next targets will be 64,897 and 62,615. Monitoring the daily candle could provide additional insights.
$ETH $BNB
#BinanceTournament #Bitcoin #Bullish #Bullrun #BearishPhase

The SEC is seeking approximately $2 billion in penalties from Ripple. However, Ripple argues that it should only be liable for penalties amounting to no more than $10 million.
Ripple's lawyers pointed out that in similar cases, the SEC has accepted civil penalties ranging from 0.6% to 1.8% of the defendant's gross revenues, including more severe instances. They emphasized that Terraform follows this precedent. In contrast, the SEC is pursuing a civil penalty well beyond this range, despite the absence of fraud allegations in this case and negligible losses to Institutional Buyers.
$XRP $BTC $ETH
#RIPPLE #BinanceTournament #halving #ATH

The latest inflation report in the U.S. displayed a decrease, suggesting a potential weakening of the dollar and reducing expectations for immediate interest rate increases. Consequently, Bitcoin experienced a 3% price surge today, signaling early indications of increased demand for it as both an alternative asset and a hedge against inflation. Furthermore, as economic conditions continue to improve, investor confidence and interest in acquiring Bitcoin are expected to rise. #btc #bitcoin #BTC #BITCOIN #FED #Inflationrate
$BTC $ETH $SOL

An inactive Bitcoin whale, dormant since December 2018, has recently transferred an astonishing 8,000 BTC to a Binance wallet, potentially indicating significant market shifts. This transfer, valued at $535 million based on current market rates, showcases remarkable profits from an initial investment estimated around $30 million.
The wallet address '1FMbcnYvvccZ6hR324cFRpn1QX9TCkqtAe' initially received portions of Bitcoin totaling 8,000 BTC at an average price of $3,810 per coin, back in March 2019. The reactivation of this significant wallet aligns with Bitcoin's recent trading surge near its peak value, suggesting potential intentions to sell.
Moving such a substantial volume to an exchange typically signals a readiness to sell, impacting the circulating supply and potentially influencing the broader market trajectory. Additionally, this activity coincides with Bitcoin witnessing a spike in transaction fees, reaching $195, primarily due to extensive UTXO consolidation efforts by major exchanges.
Analysts are closely monitoring this development, particularly with the upcoming FOMC meeting that could further sway market volatility.
The Bitcoin network's low activity in on-chain transactions and spot trading volumes indicates diminishing interest from casual investors, with speculative demand through derivatives driving the market. However, given the magnitude of the transaction, the potential sale by this whale could alter market perceptions.
Despite a 24-hour decrease of 4.88%, Bitcoin remains at $66,537, approaching its historical high of $73,805. This significant activity by a long-dormant investor underscores the dynamic and unpredictable nature of cryptocurrency markets, where large movements can have widespread financial implications.
$BTC $ETH $SOL
#MarketSentimentToday #BtcWhales #IOprediction #BTC #ETH

Bitcoin's current price is hovering precariously around the $65,000 mark, which serves as immediate support. A breach of this level could potentially lead to a decline towards the 200-day EMA, currently positioned at $63,934, as demand-side liquidity gets absorbed along the way.
The key support zone for Bitcoin between $62,800 and $64,815, encompassing the 50-day EMA. This support level proved resilient back in March and preceded a notable 14% price surge to $72,777 by April 8th. According to IntoTheBlock’s IOMAP chart, this price range has witnessed significant accumulation, with over 475,800 BTC acquired by more than $1.42 million addresses.
Given the substantial support provided by this zone in contrast to the resistance faced during Bitcoin's recovery, it could serve as a temporary buffer against further downside pressure in the near term.
$BTC $ETH $BNB
#Bitcoin #BTC #bearstime #BullRunAhead

Bulls faced significant losses during the recent market downturn, with $309.53 million out of the total $345.12 million liquidations across digital assets affecting long positions. Bitcoin (BTC) liquidations amounted to $43.21 million, while Ethereum (ETH) experienced $38.75 million in liquidations, primarily affecting long positions.

#MarketSentimentToday #BTC☀ #ETH #Bulls
$ETH $BTC #BNB

$BTC has encountered a significant setback today, commencing its decline subsequent to reaching a key resistance level near $70,000. Since mid-March, the cryptocurrency has struggled to sustainably surpass this threshold. Interestingly, this resistance level aligns with the neckline of a potential inverse-head-and-shoulders (IH&S) pattern, a bullish reversal formation. A successful breakout above this neckline could propel Bitcoin's price towards its target of over $90,000 by July, corresponding to the maximum distance between the pattern's lowest point and the neckline. Conversely, failure to breach the neckline may result in a retracement towards the 50-day exponential moving average (50-day EMA) around $66,740.

#MarketSentimentToday #BlackRock #BTC #rollercoaster #Binance200M
$ETH $SOL

The $BTC shakeout from yesterday echoes the one preceding the bull run in September 2020.
#BullRunAhead #btc #All_Time_High