Largest #BITCOIN Hodler:

According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.

Satoshi not only invented but also kickstarted Bitcoin, by being the first miner to create blocks of transactions.

Below is the list of Top 10 #BTC Hodlers

#Write2Earn

BREAKING

Former FTX Exec Ryan Salame Sentenced to 7.5 Years

Former FTX executive Ryan Salame has been sentenced to 7.5 years in prison, exceeding the government’s recommended sentence. This ruling marks a significant development in the legal aftermath of the FTX collapse.

#ETH has tackled all liquidity levels.

Now what’s next?

Keep following I will post soon #ETH next move.

Overall #ETH is trading above Resistance zone,Which is quite bullish indeed 💯.

NFA

So Far,So Good.

#BTC is holding immediate support on 4H.

It seems that MT GOX news selling pressure is getting absorbed.

#BTC Dump Update:

Current dump on #BTC is purely due to fundamental news of MT GOX .

This dump is temporary.

#BTC is trying to bounce from immediate support area ($67,800).

If Price doesn’t hold immediate support zone ,Then there are two possible reversal zone on 4H

1)$66,500

2)$63361

But MT GoX is not a serious catalyst to push price to severe levels.

NFA

DYOR

#BTC Dump Reasons:

There are multiple reasons of sudden on #BTC.

1) #MTGOX WALLET HAVE STARTED
TRANSFERRING LARGE AMOUNTS
OF BTCOIN TO UNKNOWN WALLETS.

2) A Handsome amount of #BTC are transferred from unknown wallet to Bybit.

It’s my personal Research!

NFA

DYOR

I m smelling the beginning of Alt Season 2024-2025.

Fasten your seat belts.

Massive Alt Season is around the corner.

Further details coming soon!

All my prescribed targets will be achieved Inshalla.

Keep reviewing my previous analysis of various coins.

BTC.D Update:

BTC.D testing mega support cluster.

It’s very strong support zone,A severe crash will lead to a massive Alt Season.

50% is a huge turning point for all crypto globe.

Breaking off 50% of BTC.D index is confirmation of upcoming alt season.

NFA

#Write2Earn!

#BTC.D (Bitcoin Dominance) 4H Update:

As we have seen multiple times that 56% zone is a strong rejection zone for BTC.D.

Price whenever reached this A-T Resistance Cluster we noted a severe rejection there.

Now 56% is a strong Daily Resistance Area!

Currently BTC.D is making a bounce from daily support (54%).

In order for massive Alts season of crypto Globe , we have to break 50% level of This index.

I m much confident that we will break 50% in September 2024.

NFA

#DOGE Alert:

#DOGE is very near to hit our first target.

There will be little selling pressure in order to book profits.

#DOGE has very bright prospects.

DYOR.

I m facing some health issue ,will be Bach vey soon.

#BTC is looking very bullish to me.

Alts will join sooner than later!

Keep building positions.

I m here for tell real path for upcoming moves on #BTC.

Keep pray for me !

MicroStrategy CEO Michael Saylor announced that MicroStrategy now holds nearly 1.1 million BTC, rivaling the amount held by Bitcoin founder Satoshi Nakamoto.

SYMMETRICAL TRIANGLE EXPLANATION:

Bullish or Bearish?

DEFINITION:

A symmetrical triangle in trading is a chart pattern formed by two converging trend lines, where the upper trend line is declining and the lower trend line is rising. This pattern indicates a period of consolidation and uncertainty in the market, as the price action is contracting into a smaller range.

Here are some key points to consider when identifying a symmetrical triangle:

1. Formation: The pattern forms when the price action is bounded by two converging trend lines, with the upper trend line connecting a series of lower highs and the lower trend line connecting a series of higher lows.
2. Symmetry: The trend lines should be symmetrical, meaning that they converge at a similar angle.
3. Consolidation: The pattern indicates a period of consolidation, as the price action is contracting into a smaller range.
4. Breakout: The price action will eventually break out of the triangle, either to the upside or downside.
5. Target: The target for the breakout is typically the height of the triangle, measured from the breakout point.
6. Confirmation: Wait for a confirmation candle or a close above/below the trend line to enter a trade.
7. Stop loss: Set a stop loss at the opposite trend line or a recent swing high/low.

Symmetrical triangles can be bullish or bearish, depending on the direction of the breakout. A bullish symmetrical triangle forms in an uptrend and breaks out to the upside, while a bearish symmetrical triangle forms in a downtrend and breaks out to the downside.

EXAMPLE :

Here is a simple illustration of a symmetrical triangle chart pattern:

B
/ \
/ \
/ \
A-----/-------\-----C
\ /
\ /
\ /
D

In this chart:

- A is the starting point of the triangle
- B is the first high
- C is the breakout point
- D is the first low

The two converging trend lines (upper and lower) form the triangle shape, indicating a period of consolidation. The price action will eventually break out of the triangle, Bull or Bear

#DOGEUSDT Update:

#DOGE has retested the broken resistance of Symmetrical Triangle.

It’s shown that breakout has confirmed.

Now Targets are shown in fig below 👇.

Trailing SL is very necessary in trading.

Short term target is $0.18.

#DOGE Is bullish on Al LTFs.

Don’t make leverage trades on my analysis.

My analysis might be wrong!

NFA

#FET Update:

#FET has bounced exactly from L-L Support.

Currently it’s holding Ascending Parallel Channel.

It’s good zone for Scalping in this Tight range boundaries .

$2.7 is Very strong resistance for coming days.

Breaking of $2.7 will lead a massive breakout target.

NFA

Bitcoin Dominance Chart on daily is giving some clear clues for #Alts .

Expecting something huge for BTC.D Index.

Chart analysis will posted today.

#FETUSDT Update 4H:

I have observed 4H Chart of #FET.

It’s currently respecting Rising parallel channel precisely.

Two parallel lines are acting as a support and resistance.

I have also drawn multiple Supports zone in form of black line ….These line are perfect bounce zones in case of sudden dump due to #BTC.

Overall price structure is healthy.

NFA

#Write2Earn!

#DOGEUSDT Hourly Update:

#DOGE has made a healthy breakout from Symmetrical triangle recently.

Now it’s been accumulating again for further move.

Many catalyst announcements are pending other than #BTC factor.

But there target which have been shown in fig below are short term.

Overall price structure is amazing.

Coming days are bright for #Doge on Larger picture.

NFA

#Write2Earn!

I m very much disappointed by #Polkadot team due their worst performance since past few years.

Is this project will be vanished for coming months .

#DOT has no movement in price action.

Chart is also looking dead on monthly time frame.

I will cover major flaws in $DOT parachain activities.

#Polkadot team it’s your last chance to grow this project ,otherwise a worst is coming.

NFA

#Write2Earn!