BULLRUN
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WHY BITCOIN IS GOING DOWN 🔻🔻🔻
❤️🔥 Debunking the $23B+ Bitcoin Sell-Off Myth 🚨
Recently, a frenzy has erupted on Twitter, claiming that over $23 billion worth of Bitcoin is being sold. However, this is not true. Let’s dive into the details to understand why this rumor has spread and why it's unfounded.
Three major entities are at the center of this speculation:
1. US Government ($2.3B)
2. German Government ($12.7B)
3. Mt. Gox Distribution ($8.1B)
These entities collectively hold around $23 billion worth of Bitcoin. But here's the catch: they are not selling it.
US Government 📌
On June 26th, @Arkham reported that the US Government transferred Bitcoin worth $240 million to Coinbase. This sparked headlines suggesting that the US Government was selling its Bitcoin. However, this transfer only accounted for 1.87% of their holdings. The US Government still retains 214,000 Bitcoin, valued at approximately $12.85 billion. The transfer was likely routine or strategic, rather than an indication of a massive sell-off.
German Government 📌
Details on the German Government's holdings and actions regarding Bitcoin are less publicized, but no significant moves have been reported to suggest they are offloading their Bitcoin reserves.
Mt. Gox Distribution 📌
The Mt. Gox bankruptcy trustee is responsible for distributing Bitcoin to creditors. While the distribution process has been slow and complex, there is no indication of a sudden large-scale sale. The $8.1 billion worth of Bitcoin held is being gradually allocated to creditors, not dumped on the market.
Conclusion
The alarmist claims about a $23B+ Bitcoin sell-off are unfounded. While movements of Bitcoin by these entities might occur, they are not indicative of a market-dumping spree. It's essential to look beyond sensational headlines and understand the broader context. For now, the substantial Bitcoin holdings of these entities remain largely intact.
#BITCOIN #US_Job_Market_Slowdown #MtGoxJulyRepayments #ETH_ETFs_Approval_Predictions #BULLRUN
Recently, a frenzy has erupted on Twitter, claiming that over $23 billion worth of Bitcoin is being sold. However, this is not true. Let’s dive into the details to understand why this rumor has spread and why it's unfounded.
Three major entities are at the center of this speculation:
1. US Government ($2.3B)
2. German Government ($12.7B)
3. Mt. Gox Distribution ($8.1B)
These entities collectively hold around $23 billion worth of Bitcoin. But here's the catch: they are not selling it.
US Government 📌
On June 26th, @Arkham reported that the US Government transferred Bitcoin worth $240 million to Coinbase. This sparked headlines suggesting that the US Government was selling its Bitcoin. However, this transfer only accounted for 1.87% of their holdings. The US Government still retains 214,000 Bitcoin, valued at approximately $12.85 billion. The transfer was likely routine or strategic, rather than an indication of a massive sell-off.
German Government 📌
Details on the German Government's holdings and actions regarding Bitcoin are less publicized, but no significant moves have been reported to suggest they are offloading their Bitcoin reserves.
Mt. Gox Distribution 📌
The Mt. Gox bankruptcy trustee is responsible for distributing Bitcoin to creditors. While the distribution process has been slow and complex, there is no indication of a sudden large-scale sale. The $8.1 billion worth of Bitcoin held is being gradually allocated to creditors, not dumped on the market.
Conclusion
The alarmist claims about a $23B+ Bitcoin sell-off are unfounded. While movements of Bitcoin by these entities might occur, they are not indicative of a market-dumping spree. It's essential to look beyond sensational headlines and understand the broader context. For now, the substantial Bitcoin holdings of these entities remain largely intact.
#BITCOIN #US_Job_Market_Slowdown #MtGoxJulyRepayments #ETH_ETFs_Approval_Predictions #BULLRUN
🔍 Debunking the Bitcoin Sell-Off Myth! 🚫💰
📉 Wondering why Bitcoin took a dip? Let's set the record straight on the $23B+ sell-off buzz. 🚨
👀 **Behind the Headlines:** Rumors swirled about massive Bitcoin sales by major entities like the US and German governments, plus Mt. Gox. Here's the truth: they're holding, not selling!
🇺🇸 **US Government:** Recently moved a fraction of their Bitcoin holdings—just 1.87%! Their stash of 214,000 BTC remains intact at $12.85 billion. No fire sale here!
🇩🇪 **German Government:** Actions on their Bitcoin reserves? Quiet on the news front—no signs of cashing out.
🏦 **Mt. Gox:** Distributing Bitcoin to creditors methodically, not flooding the market. The $8.1 billion in BTC is part of a careful restitution process.
🔑 **Takeaway:** Don't be misled by sensational headlines. These movements aren't about market dumps but routine transfers and creditor settlements. Stay informed, stay steady!
#BitcoinMythsBusted #MarketInsights #HODLStrong #BinanceCrypto #TrustTheData
#BITCOIN #US_Job_Market_Slowdown #MtGoxJulyRepayments #ETH_ETFs_Approval_Predictions #BULLRUN
📉 Wondering why Bitcoin took a dip? Let's set the record straight on the $23B+ sell-off buzz. 🚨
👀 **Behind the Headlines:** Rumors swirled about massive Bitcoin sales by major entities like the US and German governments, plus Mt. Gox. Here's the truth: they're holding, not selling!
🇺🇸 **US Government:** Recently moved a fraction of their Bitcoin holdings—just 1.87%! Their stash of 214,000 BTC remains intact at $12.85 billion. No fire sale here!
🇩🇪 **German Government:** Actions on their Bitcoin reserves? Quiet on the news front—no signs of cashing out.
🏦 **Mt. Gox:** Distributing Bitcoin to creditors methodically, not flooding the market. The $8.1 billion in BTC is part of a careful restitution process.
🔑 **Takeaway:** Don't be misled by sensational headlines. These movements aren't about market dumps but routine transfers and creditor settlements. Stay informed, stay steady!
#BitcoinMythsBusted #MarketInsights #HODLStrong #BinanceCrypto #TrustTheData
#BITCOIN #US_Job_Market_Slowdown #MtGoxJulyRepayments #ETH_ETFs_Approval_Predictions #BULLRUN
I think bullish because for 5 years in April there was bullish the market was good at 21 and 22 well it was worse in 22 -17.3%. I think to cover that loss there will be a bull run and on the next month there will a dump this is what I think of using analysis. What do you think 💭? #BTC、 #BULLISH #BULLRUN
LIVECrypto_master_110
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How Did $BTC Perform in April?
2013: 🟢50.01%
2014: 🔴1.6%
2015: 🔴3.46%
2016: 🟢7.27%
2017: 🟢32.71%
2018: 🟢33.43%
2019: 🟢34.36%
2020: 🟢34.26%
2021: 🔴1.98%
2022: 🔴17.3%
2023: 🟢2.81%
2024: ??
Yes, how do you think#Bitcoin will be this time in April?
#HotTrends #bullish #bearish
#tadewithnaqvii
2013: 🟢50.01%
2014: 🔴1.6%
2015: 🔴3.46%
2016: 🟢7.27%
2017: 🟢32.71%
2018: 🟢33.43%
2019: 🟢34.36%
2020: 🟢34.26%
2021: 🔴1.98%
2022: 🔴17.3%
2023: 🟢2.81%
2024: ??
Yes, how do you think#Bitcoin will be this time in April?
#HotTrends #bullish #bearish
#tadewithnaqvii
I really love my whole followers. I always post content keeping my followers in mind. I always want the best interests of you all, I hope you will act according to my content?
my best wishes are always with you.
earn with us. follow me .
comment me any time reply will be given 100%
#BULLRUN 2024 #Bitcoin farmer 2018
my best wishes are always with you.
earn with us. follow me .
comment me any time reply will be given 100%
#BULLRUN 2024 #Bitcoin farmer 2018
#write2earn CRYPTOCURRENCY MARKET RESEMBLES 2021 #BULLRUN AMID #BitcoinHalving HYPE
$BTC $ETH $SOL
Recent findings from Glassnode suggest that investor interest in cryptocurrencies has surged, reminiscent of the fervor seen during the 2021 bull run. This resurgence coincides with the approaching Bitcoin halving event, sparking anticipation of a substantial price shift in the near term.
Analysis of data indicates a steady buildup of bullish momentum in Bitcoin since October 2023, leading to a period marked by heightened liquidity and volatility. Glassnode emphasizes the robust demand in spot markets, which has been instrumental in supporting Bitcoin's performance year-to-date, echoing patterns observed during the 2021 bull run.
Bitcoin has witnessed a notable 62% surge in value thus far in 2024, currently standing at $68,748, with a peak at $73,750.07 on March 14. The launch of spot Bitcoin ETFs in the United States on January 11 has spurred a surge in BTC spot trading volume, reaching its zenith in March. Glassnode's analysis indicates that the market is now experiencing a state of euphoria, accompanied by a noticeable uptick in profit-taking activities.
Moreover, the flow of Bitcoin in and out of exchanges has seen a remarkable uptick since July 2023. According to Glassnode's data, the average daily total inflows and outflows from exchanges currently amount to $8.19 billion, surpassing the peak observed during the 2021 bull market.
$BTC $ETH $SOL
Recent findings from Glassnode suggest that investor interest in cryptocurrencies has surged, reminiscent of the fervor seen during the 2021 bull run. This resurgence coincides with the approaching Bitcoin halving event, sparking anticipation of a substantial price shift in the near term.
Analysis of data indicates a steady buildup of bullish momentum in Bitcoin since October 2023, leading to a period marked by heightened liquidity and volatility. Glassnode emphasizes the robust demand in spot markets, which has been instrumental in supporting Bitcoin's performance year-to-date, echoing patterns observed during the 2021 bull run.
Bitcoin has witnessed a notable 62% surge in value thus far in 2024, currently standing at $68,748, with a peak at $73,750.07 on March 14. The launch of spot Bitcoin ETFs in the United States on January 11 has spurred a surge in BTC spot trading volume, reaching its zenith in March. Glassnode's analysis indicates that the market is now experiencing a state of euphoria, accompanied by a noticeable uptick in profit-taking activities.
Moreover, the flow of Bitcoin in and out of exchanges has seen a remarkable uptick since July 2023. According to Glassnode's data, the average daily total inflows and outflows from exchanges currently amount to $8.19 billion, surpassing the peak observed during the 2021 bull market.
💸💔 Lessons Learned: A First-Timer's Journey Through the Bull Run Rollercoaster! 📉💡
Here's a tale to remember: Back in Nov 2020, inspired by @elonmusk's mention of $DOGE , I dove into Shiba INU. With nine zeroes and sky-high gas fees, it seemed like a wild ride. 🚀💸
With just $36 in ETH, I took the leap. Despite a hefty $17 gas fee, I snagged 1.3 billion tokens for $19. At the peak of the Bull, my $19 investment could've soared to $108,000, but I cashed out for a mere $507. 😭
To my fellow investors: Resist the temptation to sell too soon! The last Bull Run was massive, but this one promises even greater returns. Hold tight until BTC hits new highs, and AltSeason kicks in. 🐂📈
I'm washing my hands of poverty – don't succumb to selling $WELL, $CCC, $XENA, $SUIP, $FAKEAI, $EGG, etc., prematurely. Real gains await, so stand firm and don't join the panic sellers! 💰🚀 #BULLRUN #CryptocurrencyWisdom #LearnFromMistakes
Here's a tale to remember: Back in Nov 2020, inspired by @elonmusk's mention of $DOGE , I dove into Shiba INU. With nine zeroes and sky-high gas fees, it seemed like a wild ride. 🚀💸
With just $36 in ETH, I took the leap. Despite a hefty $17 gas fee, I snagged 1.3 billion tokens for $19. At the peak of the Bull, my $19 investment could've soared to $108,000, but I cashed out for a mere $507. 😭
To my fellow investors: Resist the temptation to sell too soon! The last Bull Run was massive, but this one promises even greater returns. Hold tight until BTC hits new highs, and AltSeason kicks in. 🐂📈
I'm washing my hands of poverty – don't succumb to selling $WELL, $CCC, $XENA, $SUIP, $FAKEAI, $EGG, etc., prematurely. Real gains await, so stand firm and don't join the panic sellers! 💰🚀 #BULLRUN #CryptocurrencyWisdom #LearnFromMistakes
🪙 What Coins to HOLD before the Bullrun 🪙
To my beloved future millionaires... Let's Talk about the coins that U should hold before the Bull Run Starts and how to pick the right coins for our portfolio ✅️
1️⃣ Gaming Crypto
Gaming currencies are in my opinion most likely to give those juicy profits. Before entering the Bull Run your portfolio must have a Gaming related currency, I'll give examples but you should do your homework to pick what you think is the best: $XAI $GALA $SAND $MANA 🪙
2️⃣ Memes
Who doesn't love memes, even if you hate memes you should be holding a minimum of 1 or 2 coins. They have the highest potential: $SHIB $DOGE $PEPE $SNEK $COQ $BONK 🪙
3️⃣ Top 10 Boring Alts
A love hate Scenario with those boring Alts that won't even move. Don't get confused these top 10 ALTs explode and when they do, there is no turning back. Examples $XRP $CRO $AVAX $LINK $ADA and many more 🪙
4️⃣ The Big Dogs
Well if you could afford the big dogs Let's agree on keeping one in your pocket. Their advantage is They're Safe, Highly Traded and looks good in your profile 😉 Examples: $BTC $ETH $BNB $SOL (If you consider it a BIG🤪) 🪙
5️⃣ Newly Launched Projects
In my opinion, these are most important, because you would get them freshly priced with a low market cap and a high potential to get you huge profit. Examples: $SEI $MANTA $JITO $NFP and many more 🪙
Shout out to the security tokens such as $JASMY✅️
We all have different opinions, so please let me know your perspective?
What Coins do you expect to move BIG in the coming Bullrun💰
🟢 Feel Free to Share Your Thoughts in The Comments Below 🟢
Follow & Like for MORE Exclusive News🥂
All The Best💰
#BULLRUN #altseason2024 #TrendingTopic #Write2Earn
To my beloved future millionaires... Let's Talk about the coins that U should hold before the Bull Run Starts and how to pick the right coins for our portfolio ✅️
1️⃣ Gaming Crypto
Gaming currencies are in my opinion most likely to give those juicy profits. Before entering the Bull Run your portfolio must have a Gaming related currency, I'll give examples but you should do your homework to pick what you think is the best: $XAI $GALA $SAND $MANA 🪙
2️⃣ Memes
Who doesn't love memes, even if you hate memes you should be holding a minimum of 1 or 2 coins. They have the highest potential: $SHIB $DOGE $PEPE $SNEK $COQ $BONK 🪙
3️⃣ Top 10 Boring Alts
A love hate Scenario with those boring Alts that won't even move. Don't get confused these top 10 ALTs explode and when they do, there is no turning back. Examples $XRP $CRO $AVAX $LINK $ADA and many more 🪙
4️⃣ The Big Dogs
Well if you could afford the big dogs Let's agree on keeping one in your pocket. Their advantage is They're Safe, Highly Traded and looks good in your profile 😉 Examples: $BTC $ETH $BNB $SOL (If you consider it a BIG🤪) 🪙
5️⃣ Newly Launched Projects
In my opinion, these are most important, because you would get them freshly priced with a low market cap and a high potential to get you huge profit. Examples: $SEI $MANTA $JITO $NFP and many more 🪙
Shout out to the security tokens such as $JASMY✅️
We all have different opinions, so please let me know your perspective?
What Coins do you expect to move BIG in the coming Bullrun💰
🟢 Feel Free to Share Your Thoughts in The Comments Below 🟢
Follow & Like for MORE Exclusive News🥂
All The Best💰
#BULLRUN #altseason2024 #TrendingTopic #Write2Earn
Hey investors ! Here is another graphic that shows why we shouldn’t worry about the short term scenario. #BTC is on it’s way to #ATH . Pay attention on this chart and see that #BTC rises by falling . We should expect a 15% - %20 correction on this period and already went to 15,14% . Now strong above 42k. So in my opinion we should expect now a consolidation for a few more days and then #BTC will fight the 48k/49k to finally 💥 boom!
But if the correction reaches 32k-38k then we buy more! What is your guess for the price on this #BULLRUN ?
Stay safe stick to the charts 🚀🚀
But if the correction reaches 32k-38k then we buy more! What is your guess for the price on this #BULLRUN ?
Stay safe stick to the charts 🚀🚀
LIVETitanium Trader - Crypto Channel
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💥💥Free VIP Signal💥💥
📊📊 MANTA LONG
🍎Leverage 10X - 20X
💊Buy price: 2.77 - 2.73
🆘STOPLOSS : 2.67
📌Target 1: 2.848
📌Target 2: 2.888
📌Target 3: 2.926
📌Target 4: 3.030
📌Target 5: 🚀🚀🚀
📊📊 MANTA LONG
🍎Leverage 10X - 20X
💊Buy price: 2.77 - 2.73
🆘STOPLOSS : 2.67
📌Target 1: 2.848
📌Target 2: 2.888
📌Target 3: 2.926
📌Target 4: 3.030
📌Target 5: 🚀🚀🚀
🔥 Bitcoin Breaking Out! $40,000 Here We Come 🚀 BREAKOUT UPDATE - Bitcoin is currently in the process of breaking out of a bullish flag pattern that has been in the works ever since we hit 35k last week.If we can get a 4H candle close above 35,250 I'm considering it a successful break out, with a likely continuation of the bull trend.40k is my target for now, as per my initial bullish break out analysis several days ago.Keep in mind that we have a FED meeting tonight. The market expects the rates to remain the same, so unless the FED will surprise the market it should be business as usual?Nevertheless, things are looking better for the bulls! 🔥🫵 BIG REJECTION FROM THE RESISTANCE. SIGNAL IS STILL ACTIVE. 💪🏻 POWER OF BTC
💥 Alert for $BOME Spot Buyers:
Try to grab BOME at these levels. I believe BOME will retest these levels or the market will experience another crash, so place orders accordingly based on your wallet size to maximize profit in the short term or long term.
If you already bought it, don't sell in panic. It tends to pump very hard after a dip.
Its price may go to $1 or more during a bull run.
Be ready for maximum profit.
#BOME #Memecoins #BULLRUN #Write2Earn
Try to grab BOME at these levels. I believe BOME will retest these levels or the market will experience another crash, so place orders accordingly based on your wallet size to maximize profit in the short term or long term.
If you already bought it, don't sell in panic. It tends to pump very hard after a dip.
Its price may go to $1 or more during a bull run.
Be ready for maximum profit.
#BOME #Memecoins #BULLRUN #Write2Earn
