markettrends
3M views
1,177 Posts
Hot
Latest
$ALT
Hi! Hope you all are doing well after a long time I'm back with you guys. As you can see market is Bullish at 1H it means we should look for buying at priority.
Market can be bullish form the given point where mark is "Long Entry".
you can make entry if market makes an confirmation at this point.
#T4TradesSmart #tradingcrypto #markettrends
Hi! Hope you all are doing well after a long time I'm back with you guys. As you can see market is Bullish at 1H it means we should look for buying at priority.
Market can be bullish form the given point where mark is "Long Entry".
you can make entry if market makes an confirmation at this point.
#T4TradesSmart #tradingcrypto #markettrends
đš MT. GOX SHIFTS $9,000,000,000 IN BTC, MARKET BRACES FOR IMPACT đš
In a stunning move, Mt. Gox's cold wallet has transferred over 140,000 Bitcoin (BTC), worth nearly $9 billion, to multiple addresses, sparking widespread market concern. This significant activity follows a two-week hiatus and has led to fears of increased selling pressure in the crypto markets.
đ Key Transfers and Addresses đ
According to data from Arkham Intelligence, Mt. Goxâs main wallet still holds 138,985 BTC, worth approximately $8.7 billion. Within three hours on July 16, two major transactions moved almost 96,000 BTC (over $6 billion) to two unknown wallets, while an initial transfer of 44,527 BTC was sent to a known Mt. Gox cold wallet.
Unknown Address "BHDct9b" received 42,587 BTC, valued at $2.69 billion.
Unknown Address received 48,641 BTC, valued at $3.07 billion.
Mt. Gox Cold Wallet (1Jbez) received 4641.24 BTC, valued at $293.94 million.
These movements have resulted in over $12 billion worth of Bitcoin being shifted in just a few hours, causing significant market tremors.
đ Market Reaction đ
The BTC price, which had nearly reached $65,000 earlier on July 16, plummeted to lows of $63,000 shortly after the transactions were identified. This 3% drop in BTC was mirrored by more severe dips in altcoins such as Uniswap (UNI), Polkadot (DOT), and Bitcoin Cash (BCH), each experiencing over 5% declines.
BTC Price Movement: $65,000 ⥠$63,000 (3% drop)
Altcoins Affected:
Uniswap (UNI): -5%
Polkadot (DOT): -5%
Bitcoin Cash (BCH): -5%
Where will the BTC price go from here?
Drop your opinion below and follow @Professor Mende - Bonuz Ecosystem Founder for more!
#mtgox #bitcoinprice #priceanalysis #markettrends #bitcoin
$BTC Â $PEPE Â $SHIB
In a stunning move, Mt. Gox's cold wallet has transferred over 140,000 Bitcoin (BTC), worth nearly $9 billion, to multiple addresses, sparking widespread market concern. This significant activity follows a two-week hiatus and has led to fears of increased selling pressure in the crypto markets.
đ Key Transfers and Addresses đ
According to data from Arkham Intelligence, Mt. Goxâs main wallet still holds 138,985 BTC, worth approximately $8.7 billion. Within three hours on July 16, two major transactions moved almost 96,000 BTC (over $6 billion) to two unknown wallets, while an initial transfer of 44,527 BTC was sent to a known Mt. Gox cold wallet.
Unknown Address "BHDct9b" received 42,587 BTC, valued at $2.69 billion.
Unknown Address received 48,641 BTC, valued at $3.07 billion.
Mt. Gox Cold Wallet (1Jbez) received 4641.24 BTC, valued at $293.94 million.
These movements have resulted in over $12 billion worth of Bitcoin being shifted in just a few hours, causing significant market tremors.
đ Market Reaction đ
The BTC price, which had nearly reached $65,000 earlier on July 16, plummeted to lows of $63,000 shortly after the transactions were identified. This 3% drop in BTC was mirrored by more severe dips in altcoins such as Uniswap (UNI), Polkadot (DOT), and Bitcoin Cash (BCH), each experiencing over 5% declines.
BTC Price Movement: $65,000 ⥠$63,000 (3% drop)
Altcoins Affected:
Uniswap (UNI): -5%
Polkadot (DOT): -5%
Bitcoin Cash (BCH): -5%
Where will the BTC price go from here?
Drop your opinion below and follow @Professor Mende - Bonuz Ecosystem Founder for more!
#mtgox #bitcoinprice #priceanalysis #markettrends #bitcoin
$BTC Â $PEPE Â $SHIB
đ WILL BTC FALL TO $50k DUE TO DOUBLE TOP PATTERN?đâ
Bitcoin has carved out a double-top pattern, a classic bearish signal, suggesting a potential downward correction. Key upcoming data could impact the Fed's interest rate decisions, influencing market trends.
đ„ Volatile Price Action:
This month has seen Bitcoin's price surge near $70,000, approaching its all-time high from March, only to retreat to $63,000. This decline contrasts with Nasdaq's upward movement and is attributed to faster miner selling, investor profit-taking, and outflows from U.S.-listed spot ETFs.
đ Double Top Formation:
The double-top pattern, characterized by two peaks with a valley in between, indicates uptrend exhaustion. Breaking below the valley's low point confirms a bearish trend. Markus Thielen from 10x Research noted, "Bitcoin follows a double top formation. This could see a drop to $50,000âif not $45,000."
đ Potential Bullish Factors:
While the U.S. election and CPI might boost Bitcoin later this year, a steeper correction is still possible. The Fed's preferred inflation gauge, the PCE price index, due this Friday, could offer relief by cementing the case for renewed Fed rate cuts from September.
đ Economic Data Impact:
Recent strong economic data has pushed bond yields higher and precious metals lower, hindering digital hard assets like crypto. Greg Magadini from Amberdata emphasized, "This week, multiple Fed Governors speak, GDP figures, and most importantly, the PCE on Friday could significantly influence the market."
đ Expected PCE Figures:
Economists anticipate no change in the PCE price index and a modest 0.1% increase in the core PCE, translating to 2.6% annual advances in both headline and core figures. The projected core increase, excluding food and energy, would be the smallest since March 2021.
Follow @Professor Mende - Bonuz Ecosystem Founder and stay updated on the matter!
#doubletop #markettrends #bitcoincrash #markettrends #cryptomarket
$BTC $ETH $BNB
Bitcoin has carved out a double-top pattern, a classic bearish signal, suggesting a potential downward correction. Key upcoming data could impact the Fed's interest rate decisions, influencing market trends.
đ„ Volatile Price Action:
This month has seen Bitcoin's price surge near $70,000, approaching its all-time high from March, only to retreat to $63,000. This decline contrasts with Nasdaq's upward movement and is attributed to faster miner selling, investor profit-taking, and outflows from U.S.-listed spot ETFs.
đ Double Top Formation:
The double-top pattern, characterized by two peaks with a valley in between, indicates uptrend exhaustion. Breaking below the valley's low point confirms a bearish trend. Markus Thielen from 10x Research noted, "Bitcoin follows a double top formation. This could see a drop to $50,000âif not $45,000."
đ Potential Bullish Factors:
While the U.S. election and CPI might boost Bitcoin later this year, a steeper correction is still possible. The Fed's preferred inflation gauge, the PCE price index, due this Friday, could offer relief by cementing the case for renewed Fed rate cuts from September.
đ Economic Data Impact:
Recent strong economic data has pushed bond yields higher and precious metals lower, hindering digital hard assets like crypto. Greg Magadini from Amberdata emphasized, "This week, multiple Fed Governors speak, GDP figures, and most importantly, the PCE on Friday could significantly influence the market."
đ Expected PCE Figures:
Economists anticipate no change in the PCE price index and a modest 0.1% increase in the core PCE, translating to 2.6% annual advances in both headline and core figures. The projected core increase, excluding food and energy, would be the smallest since March 2021.
Follow @Professor Mende - Bonuz Ecosystem Founder and stay updated on the matter!
#doubletop #markettrends #bitcoincrash #markettrends #cryptomarket
$BTC $ETH $BNB
ââ 4 REASONS WHY BITCOIN DIPPED BELOW $60Kââ
1. Downtrend Since June đ
đ» Bitcoin has struggled to maintain upward momentum since the beginning of June. Over the second quarter of 2024, BTC logged an 18% decline, and it continued to face headwinds despite positive ETF inflows.
2. Potential Mt. Gox Repayments đ°
đž The recent dip below $60,000 is largely attributed to the impending Mt. Gox creditor repayments. The defunct exchange, which collapsed over a decade ago, holds over $9.4 billion worth of Bitcoin. Approximately 127,000 creditors have been waiting to recover their funds, and the repayment process may have begun.
đ Spent Volume Surge:
Charles Edwards, founder of Capriole Investments, highlighted an enormous on-chain Bitcoin movement, suggesting that the long-awaited Mt. Gox distributions are indeed happening. Edwards noted, âThe entire history of this chart has disappeared because an enormous sum of Bitcoin moved on-chain, 10X more than the previous highs. $9B. But by who? Mt. Gox.â
3. Market Reactions and Implications đ
đ Market Uncertainty:
The potential sell-off from Mt. Gox creditors, who may liquidate their holdings after a decade, could exert significant selling pressure on Bitcoin. This, combined with ongoing market uncertainties, has investors bracing for further volatility.
đ Support Levels:
Bitcoinâs local bottom of $59,600 threatens to extend the current consolidation phase. Investors have been eyeing a breakout above $70,000 to pave the way for new all-time highs, but losing the $60,000 support could delay such a rally.
4. Institutional Inflows vs. Sell Pressure â
đŠ ETF Inflows:
Despite the sell-off fears, institutional inflows into U.S.-based spot Bitcoin ETFs have been strong. Since their launch in January, these ETFs have amassed over $52.5 billion worth of BTC, potentially absorbing some of the selling pressure from Mt. Gox repayments.
Will BTC crash? You decide!
@Professor Mende - Bonuz Ecosystem Founder out!
#bitcoinprice #marketanalysis #markettrends #bullbear #btc
$BTC Â $ETH Â $BNB
1. Downtrend Since June đ
đ» Bitcoin has struggled to maintain upward momentum since the beginning of June. Over the second quarter of 2024, BTC logged an 18% decline, and it continued to face headwinds despite positive ETF inflows.
2. Potential Mt. Gox Repayments đ°
đž The recent dip below $60,000 is largely attributed to the impending Mt. Gox creditor repayments. The defunct exchange, which collapsed over a decade ago, holds over $9.4 billion worth of Bitcoin. Approximately 127,000 creditors have been waiting to recover their funds, and the repayment process may have begun.
đ Spent Volume Surge:
Charles Edwards, founder of Capriole Investments, highlighted an enormous on-chain Bitcoin movement, suggesting that the long-awaited Mt. Gox distributions are indeed happening. Edwards noted, âThe entire history of this chart has disappeared because an enormous sum of Bitcoin moved on-chain, 10X more than the previous highs. $9B. But by who? Mt. Gox.â
3. Market Reactions and Implications đ
đ Market Uncertainty:
The potential sell-off from Mt. Gox creditors, who may liquidate their holdings after a decade, could exert significant selling pressure on Bitcoin. This, combined with ongoing market uncertainties, has investors bracing for further volatility.
đ Support Levels:
Bitcoinâs local bottom of $59,600 threatens to extend the current consolidation phase. Investors have been eyeing a breakout above $70,000 to pave the way for new all-time highs, but losing the $60,000 support could delay such a rally.
4. Institutional Inflows vs. Sell Pressure â
đŠ ETF Inflows:
Despite the sell-off fears, institutional inflows into U.S.-based spot Bitcoin ETFs have been strong. Since their launch in January, these ETFs have amassed over $52.5 billion worth of BTC, potentially absorbing some of the selling pressure from Mt. Gox repayments.
Will BTC crash? You decide!
@Professor Mende - Bonuz Ecosystem Founder out!
#bitcoinprice #marketanalysis #markettrends #bullbear #btc
$BTC Â $ETH Â $BNB
đš ALERT: BITCOIN SET FOR THIRD WORST WEEK OF 2024 đš
Bitcoin prices continue their downward spiral on Monday, positioning the premier cryptocurrency for its third-worst week of the year.
đ§ Analyzing Market Trends:
Several factors contribute to this decline. Notably, the Japanese crypto exchange Mt. Gox, infamous for its hack over a decade ago, announced it would begin repaying Bitcoin and Bitcoin Cash in July. This has raised concerns about a potential sell-off by creditors, which could flood the market with additional Bitcoin.
đž Investor Sentiment Shifts:
Investors might be reallocating their funds into other asset classes, especially as the tech sector outperforms this month, pushing markets to new highs. U.S. spot Bitcoin ETFs have seen six consecutive days of outflows, coinciding with preparations for ETFs investing directly in Ethereum.
đ Key Levels to Watch:
Bitcoin dropped more than 5% and is hovering just above the $61,000 mark, after touching near $60,000 earlier in the day. Despite recent setbacks, Bitcoin remains up nearly 40% year-to-date, having ended last year around $43,000.
đŒ Impact on Crypto Stocks:
Crypto-related stocks are also feeling the heat. Over a 10-day chart, these stocks have faced substantial pressure correlating with Bitcoinâs sell-off.
đ Year-to-Date Performance:
While Bitcoin is currently facing challenges, itâs crucial to remember its robust performance throughout the year, with a significant increase from its previous year-end value.
đ Broader Market Context:
The current market environment reflects a complex interplay of regulatory developments, market sentiment shifts, and broader economic factors. As the landscape evolves, both investors and analysts are closely monitoring these dynamics to gauge future movements.
Stay informed with @Professor Mende - Bonuz Ecosystem Founder and make strategic decisions in this volatile market!
#markettrends #btc #bitcoin #marketnews #marketanalysis.
$BTC $ETH $SOL
Bitcoin prices continue their downward spiral on Monday, positioning the premier cryptocurrency for its third-worst week of the year.
đ§ Analyzing Market Trends:
Several factors contribute to this decline. Notably, the Japanese crypto exchange Mt. Gox, infamous for its hack over a decade ago, announced it would begin repaying Bitcoin and Bitcoin Cash in July. This has raised concerns about a potential sell-off by creditors, which could flood the market with additional Bitcoin.
đž Investor Sentiment Shifts:
Investors might be reallocating their funds into other asset classes, especially as the tech sector outperforms this month, pushing markets to new highs. U.S. spot Bitcoin ETFs have seen six consecutive days of outflows, coinciding with preparations for ETFs investing directly in Ethereum.
đ Key Levels to Watch:
Bitcoin dropped more than 5% and is hovering just above the $61,000 mark, after touching near $60,000 earlier in the day. Despite recent setbacks, Bitcoin remains up nearly 40% year-to-date, having ended last year around $43,000.
đŒ Impact on Crypto Stocks:
Crypto-related stocks are also feeling the heat. Over a 10-day chart, these stocks have faced substantial pressure correlating with Bitcoinâs sell-off.
đ Year-to-Date Performance:
While Bitcoin is currently facing challenges, itâs crucial to remember its robust performance throughout the year, with a significant increase from its previous year-end value.
đ Broader Market Context:
The current market environment reflects a complex interplay of regulatory developments, market sentiment shifts, and broader economic factors. As the landscape evolves, both investors and analysts are closely monitoring these dynamics to gauge future movements.
Stay informed with @Professor Mende - Bonuz Ecosystem Founder and make strategic decisions in this volatile market!
#markettrends #btc #bitcoin #marketnews #marketanalysis.
$BTC $ETH $SOL
đš MT. GOX CREDITORS OPT to HODL BITCOIN PAYOUTS â REDDIT POLL đš
A recent poll on the Mt. Gox Insolvency subreddit reveals that a significant number of Mt. Gox creditors plan to retain their Bitcoin payouts. Approximately 56% of the 467 participants indicated they would hold onto their BTC, aligning with the "hodl" strategy, despite the ongoing market fluctuations.
đ About 20% Plan to Sell All Their Bitcoin Holdings
Contrastingly, around 20% of the respondents expressed their intention to sell 100% of their Bitcoin payouts. An additional 14% plan to sell up to 25% of their holdings, while only 6% consider selling up to 50%.
đ Mt. Gox Bitcoin Distribution Update
Mt. Gox, once the largest Bitcoin exchange, collapsed in 2014 after losing 850,000 BTC. As of July 17, more than 36% of the owed Bitcoin has been distributed to creditors.
It looks like the constant dumping of Bitcoin across the board has come to a stop!
Let's see if we can hit the $100k mark from here!
Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated!
#mtgox #bitcoinprice #priceanalysis #markettrends #btc
$BTC Â $PEPE Â $SHIB
A recent poll on the Mt. Gox Insolvency subreddit reveals that a significant number of Mt. Gox creditors plan to retain their Bitcoin payouts. Approximately 56% of the 467 participants indicated they would hold onto their BTC, aligning with the "hodl" strategy, despite the ongoing market fluctuations.
đ About 20% Plan to Sell All Their Bitcoin Holdings
Contrastingly, around 20% of the respondents expressed their intention to sell 100% of their Bitcoin payouts. An additional 14% plan to sell up to 25% of their holdings, while only 6% consider selling up to 50%.
đ Mt. Gox Bitcoin Distribution Update
Mt. Gox, once the largest Bitcoin exchange, collapsed in 2014 after losing 850,000 BTC. As of July 17, more than 36% of the owed Bitcoin has been distributed to creditors.
It looks like the constant dumping of Bitcoin across the board has come to a stop!
Let's see if we can hit the $100k mark from here!
Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated!
#mtgox #bitcoinprice #priceanalysis #markettrends #btc
$BTC Â $PEPE Â $SHIB
ââ STOP LOSING MONEY BY UNDERSTANDING MARKET CYCLES ââ
Financial markets, like natural phenomena, move in predictable cycles. These cycles often trap retail traders, much like how games lure players in with the promise of small wins just to claim larger losses.
The example of BTC in 2017:
Bitcoinâs price skyrocketed from around $1K in January to nearly $2K in December. However, by early 2018, Bitcoinâs price dropped to around $3K by December 2018. Many investors faced big losses.
4 of Market Cycles & Common Mistakes:
Accumulation:
This phase follows a significant market decline. Prices are low, and investors are pessimistic.
Example: After Bitcoinâs 2013 crash from $1K to below $200, the accumulation phase saw cautious buying by those who believed in its long-term potential.
Common Mistakes: During this phase, many investors are too fearful to buy.
Uptrend:
Characteristics: The market begins to recover.
Example: Throughout 2017, Bitcoinâs price steadily climbed & media coverage fueled investor confidence.
Common Mistakes: As prices rise, many investors jump in late, buy at higher prices & increase their risk of losses.
Distribution:
Characteristics: The market reaches new highs.
Example: In late 2017, Bitcoinâs price surged towards $20K, driven by extreme optimism.
Common Mistakes: During this phase, investors often buy at the peak of the market, driven by overconfidence.
Decline:
Characteristics: The market begins to fall from its peak.
Example: By early 2018, Bitcoinâs price began to fall sharply, leading to panic selling and significant losses for late investors.
Common Mistakes: Investors often hold on to their investments too long. As prices continue to fall, fear sets in, leading to panic selling.
The Cycle Repeats
These phases repeat over time, and understanding them can help you become a more consistent and successful trader. !
Like, share & follow @Dark Knight Signals
#bitcoin #memecoins #markettrends
$BTC $ETH $SOL
Financial markets, like natural phenomena, move in predictable cycles. These cycles often trap retail traders, much like how games lure players in with the promise of small wins just to claim larger losses.
The example of BTC in 2017:
Bitcoinâs price skyrocketed from around $1K in January to nearly $2K in December. However, by early 2018, Bitcoinâs price dropped to around $3K by December 2018. Many investors faced big losses.
4 of Market Cycles & Common Mistakes:
Accumulation:
This phase follows a significant market decline. Prices are low, and investors are pessimistic.
Example: After Bitcoinâs 2013 crash from $1K to below $200, the accumulation phase saw cautious buying by those who believed in its long-term potential.
Common Mistakes: During this phase, many investors are too fearful to buy.
Uptrend:
Characteristics: The market begins to recover.
Example: Throughout 2017, Bitcoinâs price steadily climbed & media coverage fueled investor confidence.
Common Mistakes: As prices rise, many investors jump in late, buy at higher prices & increase their risk of losses.
Distribution:
Characteristics: The market reaches new highs.
Example: In late 2017, Bitcoinâs price surged towards $20K, driven by extreme optimism.
Common Mistakes: During this phase, investors often buy at the peak of the market, driven by overconfidence.
Decline:
Characteristics: The market begins to fall from its peak.
Example: By early 2018, Bitcoinâs price began to fall sharply, leading to panic selling and significant losses for late investors.
Common Mistakes: Investors often hold on to their investments too long. As prices continue to fall, fear sets in, leading to panic selling.
The Cycle Repeats
These phases repeat over time, and understanding them can help you become a more consistent and successful trader. !
Like, share & follow @Dark Knight Signals
#bitcoin #memecoins #markettrends
$BTC $ETH $SOL
đ„ 25-100x PUMPS: MASSIVE ALT SEASON LOADING đ„
Altcoin market cap is expected to hit around $2.53 trillion dollar in 2025
The chart shows monthly Alt -mcap.
History tells us that whenever it touches the lower trendline, it bounces and follows an upside-bullish trend.
Currently, the monthly candle bounced at the trendline & is expected to follow the same pattern.
Disclaimer: No Financial advice, always DYOR.
#altcoins #memecoins #altseason #bullorbear #markettrends
$PEPE Â $SHIB Â $FLOKI
Altcoin market cap is expected to hit around $2.53 trillion dollar in 2025
The chart shows monthly Alt -mcap.
History tells us that whenever it touches the lower trendline, it bounces and follows an upside-bullish trend.
Currently, the monthly candle bounced at the trendline & is expected to follow the same pattern.
Disclaimer: No Financial advice, always DYOR.
#altcoins #memecoins #altseason #bullorbear #markettrends
$PEPE Â $SHIB Â $FLOKI
đ WILL BTC FALL TO $50k DUE TO DOUBLE TOP PATTERN?đâ
Bitcoin has carved out a double-top pattern, a classic bearish signal, suggesting a potential downward correction. Key upcoming data could impact the Fed's interest rate decisions, influencing market trends.
đ„ Volatile Price Action:
This month has seen Bitcoin's price surge near $70,000, approaching its all-time high from March, only to retreat to $63,000. This decline contrasts with Nasdaq's upward movement and is attributed to faster miner selling, investor profit-taking, and outflows from U.S.-listed spot ETFs.
đ Double Top Formation:
The double-top pattern, characterized by two peaks with a valley in between, indicates uptrend exhaustion. Breaking below the valley's low point confirms a bearish trend. Markus Thielen from 10x Research noted, "Bitcoin follows a double top formation. This could see a drop to $50,000âif not $45,000."
đ Potential Bullish Factors:
While the U.S. election and CPI might boost Bitcoin later this year, a steeper correction is still possible. The Fed's preferred inflation gauge, the PCE price index, due this Friday, could offer relief by cementing the case for renewed Fed rate cuts from September.
đ Economic Data Impact:
Recent strong economic data has pushed bond yields higher and precious metals lower, hindering digital hard assets like crypto. Greg Magadini from Amberdata emphasized, "This week, multiple Fed Governors speak, GDP figures, and most importantly, the PCE on Friday could significantly influence the market."
đ Expected PCE Figures:
Economists anticipate no change in the PCE price index and a modest 0.1% increase in the core PCE, translating to 2.6% annual advances in both headline and core figures. The projected core increase, excluding food and energy, would be the smallest since March 2021.
Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE and stay updated on the matter
#doubletop #markettrends #bitcoincrash #markettrends #cryptomarket
$BTC
Bitcoin has carved out a double-top pattern, a classic bearish signal, suggesting a potential downward correction. Key upcoming data could impact the Fed's interest rate decisions, influencing market trends.
đ„ Volatile Price Action:
This month has seen Bitcoin's price surge near $70,000, approaching its all-time high from March, only to retreat to $63,000. This decline contrasts with Nasdaq's upward movement and is attributed to faster miner selling, investor profit-taking, and outflows from U.S.-listed spot ETFs.
đ Double Top Formation:
The double-top pattern, characterized by two peaks with a valley in between, indicates uptrend exhaustion. Breaking below the valley's low point confirms a bearish trend. Markus Thielen from 10x Research noted, "Bitcoin follows a double top formation. This could see a drop to $50,000âif not $45,000."
đ Potential Bullish Factors:
While the U.S. election and CPI might boost Bitcoin later this year, a steeper correction is still possible. The Fed's preferred inflation gauge, the PCE price index, due this Friday, could offer relief by cementing the case for renewed Fed rate cuts from September.
đ Economic Data Impact:
Recent strong economic data has pushed bond yields higher and precious metals lower, hindering digital hard assets like crypto. Greg Magadini from Amberdata emphasized, "This week, multiple Fed Governors speak, GDP figures, and most importantly, the PCE on Friday could significantly influence the market."
đ Expected PCE Figures:
Economists anticipate no change in the PCE price index and a modest 0.1% increase in the core PCE, translating to 2.6% annual advances in both headline and core figures. The projected core increase, excluding food and energy, would be the smallest since March 2021.
Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE and stay updated on the matter
#doubletop #markettrends #bitcoincrash #markettrends #cryptomarket
$BTC
đđ«đČđ©đđš đđĄđđ: đđŹđ€ đđ đđ§đČđđĄđąđ§đ đđđšđźđ đđąđđđšđąđ§, đđ„đđđšđąđ§đŹ, đđ§đ đđšđ«đ
- Dive into an exclusive Q&A session all about crypto!
- Whether you're new or experienced, get ready to uncover the secrets of cryptocurrency.
- We'll chat about market trends, predict the next big altcoin moves, and explore the exciting world of digital currencies.
- Don't miss out! Ask me anything and let's make crypto simple and fun!
#Write2Earn #AMAsession
#HotTrends #markettrends
- Dive into an exclusive Q&A session all about crypto!
- Whether you're new or experienced, get ready to uncover the secrets of cryptocurrency.
- We'll chat about market trends, predict the next big altcoin moves, and explore the exciting world of digital currencies.
- Don't miss out! Ask me anything and let's make crypto simple and fun!
#Write2Earn #AMAsession
#HotTrends #markettrends
XRP has been showing strong momentum recently, trading around $2.56 after reaching highs of $2.82. Analysts suggest that XRP could target the $3 range soon, with potential resistance at $4.30. Positive developments, such as legal victories and plans for XRP's integration into Japanese banks, are driving optimism. However, short-term pullbacks to levels like $3 or $2.50 are possible before further gains.
For December 2024, XRP's price is expected to hover near $3.2, with the possibility of higher values if bullish trends persist. Investors should monitor key resistance and support levels and stay cautious about market volatility.
Let me know if you'd like more details on XRP or broader cryptocurrency trends!
#xrp
#Bitcoin
#markettrends
For December 2024, XRP's price is expected to hover near $3.2, with the possibility of higher values if bullish trends persist. Investors should monitor key resistance and support levels and stay cautious about market volatility.
Let me know if you'd like more details on XRP or broader cryptocurrency trends!
#xrp
#Bitcoin
#markettrends
Where are we my friendsđđ»?
In my opinion we are entering the "optimism" phase.
Drop your guess below đ
#markettrends #bullorbear #memecoins #memecoin #bitcoin
$SHIB $BTC $PEPE
In my opinion we are entering the "optimism" phase.
Drop your guess below đ
#markettrends #bullorbear #memecoins #memecoin #bitcoin
$SHIB $BTC $PEPE
đ„ URGENT: ATH BITCOIN PUMP INCOMING??? đ„
This Is The Longest Bitcoin Has Ever Consolidated Before A Parabolic All- Time High.
The Current 5 Monthly Candles Are Forming A Big Bullish Flag
Bitcoin might Melt Faces In Q3 & Q4.
Disclaimer:
Not financial advice, always DYOR.
#bitcoinprice #bitcoin #bullrun #bullorbear #markettrends
$BTC $ETH $BNB
This Is The Longest Bitcoin Has Ever Consolidated Before A Parabolic All- Time High.
The Current 5 Monthly Candles Are Forming A Big Bullish Flag
Bitcoin might Melt Faces In Q3 & Q4.
Disclaimer:
Not financial advice, always DYOR.
#bitcoinprice #bitcoin #bullrun #bullorbear #markettrends
$BTC $ETH $BNB
â BITCOIN HITS 1-MONTH LOW AS ALTCOIN SELL-OFF TRIGGERS $455 MILLION CRYPTO LIQUIDATION ââ
Bitcoin's (BTC) price dropped to a one-month low following significant outflows from its spot exchange-traded funds (ETFs) and a major altcoin sell-off. The recent market movements have resulted in substantial liquidations across various cryptocurrencies.
đ Market Impact:
Bitcoin's price fell to around $64,500 during early Asian trading hours, down from a surge to $67,000. Other major cryptocurrencies, including Ethereum (ETH), Solana (SOL), and Toncoin (TON), also experienced significant declines, each losing over 3%.
Markus Thielen, founder of 10x Research, explained that the recent drop in altcoin prices was expected due to last weekâs significant token unlocks. Digital assets such as Aptos, IMX, Starknet, SEI, and Arbitrum had unlocks totaling $483 million, which pressured venture capital investors to cash out.
Altcoin Volumes and Funding Rates: Altcoin volumes in Korea crashed, leading to a drop in funding rates and a slowdown in Bitcoin ETF flows.
Market Surprises: Despite weak inflation data, Bitcoin's failure to rally was surprising, although the Ethereum and altcoin crash was somewhat predictable.
đ„ $455 Million Liquidated:
According to Coinglass data, recent price movements have led to $455 million in liquidations across all assets from over 172,000 crypto traders in the past day.
Long vs. Short Liquidations:
Long Traders: Lost $393 million
Short Traders: Lost $62 million
Ethereum Losses:
Total Losses: $92 million (20% of total losses)
Long Liquidations: $75 million
Short Liquidations: $16 million
Bitcoin Losses:
Long Liquidations: $47.43 million
Short Liquidations: $22.71 million
Other Large-Cap Cryptocurrencies:
Solana: $18 million
XRP: $4 million
Dogecoin: $60 million
đ What are your thoughts on the sell-off? Like, share, comment, and follow for more updates!
When there is blood in the street, it's usually good to buy :) That's what they say.
#Bitcoin #altcoins #markettrends #NUKED
$BTC  #eth  $SOL
Bitcoin's (BTC) price dropped to a one-month low following significant outflows from its spot exchange-traded funds (ETFs) and a major altcoin sell-off. The recent market movements have resulted in substantial liquidations across various cryptocurrencies.
đ Market Impact:
Bitcoin's price fell to around $64,500 during early Asian trading hours, down from a surge to $67,000. Other major cryptocurrencies, including Ethereum (ETH), Solana (SOL), and Toncoin (TON), also experienced significant declines, each losing over 3%.
Markus Thielen, founder of 10x Research, explained that the recent drop in altcoin prices was expected due to last weekâs significant token unlocks. Digital assets such as Aptos, IMX, Starknet, SEI, and Arbitrum had unlocks totaling $483 million, which pressured venture capital investors to cash out.
Altcoin Volumes and Funding Rates: Altcoin volumes in Korea crashed, leading to a drop in funding rates and a slowdown in Bitcoin ETF flows.
Market Surprises: Despite weak inflation data, Bitcoin's failure to rally was surprising, although the Ethereum and altcoin crash was somewhat predictable.
đ„ $455 Million Liquidated:
According to Coinglass data, recent price movements have led to $455 million in liquidations across all assets from over 172,000 crypto traders in the past day.
Long vs. Short Liquidations:
Long Traders: Lost $393 million
Short Traders: Lost $62 million
Ethereum Losses:
Total Losses: $92 million (20% of total losses)
Long Liquidations: $75 million
Short Liquidations: $16 million
Bitcoin Losses:
Long Liquidations: $47.43 million
Short Liquidations: $22.71 million
Other Large-Cap Cryptocurrencies:
Solana: $18 million
XRP: $4 million
Dogecoin: $60 million
đ What are your thoughts on the sell-off? Like, share, comment, and follow for more updates!
When there is blood in the street, it's usually good to buy :) That's what they say.
#Bitcoin #altcoins #markettrends #NUKED
$BTC  #eth  $SOL
THE ALTSEASON GOLD RUSH: YOUR TICKET TO THE MOON
đTHE ALTSEASON GOLD RUSH: YOUR TICKET TO THE MOON đ
So, you've probably heard the buzz about "altseason" floating around the crypto world, but what exactly does it mean, and how can you spot it? Buckle up, because we're diving into this crucial concept in the crypto universe.
Altseason, short for "altcoin season," is like the Super Bowl for alternative cryptocurrencies. It's a magical time when altcoins break free from Bitcoin's shadow and skyrocket to the moon, leaving BTC in their dust. During altseason, it's not just advisable, it's downright essential to have some altcoins in your portfolio. But here's the kicker: the real magic happens when you invest in altcoins that haven't blown up yet. Think of it like getting in on the ground floor of the next big thing.
But how does altseason actually work? Picture this: Bitcoin is chilling, not making any big moves, and the market is feeling a bit... meh. That's when investors start looking for more excitement, and where do they turn? Altcoins, baby! With less action in the BTC camp, money starts flowing into altcoins like there's no tomorrow. Suddenly, the market cap of altcoins skyrockets, and almost every altcoin sees a massive surge in value.
To spot an altseason in the wild, keep your eyes glued to the Bitcoin Dominance chart (BTC.D on TradingView). This nifty chart tells you how much of the crypto market belongs to Bitcoin. The lower it goes, the better altcoins will perform against Bitcoin. So, when BTC Dominance takes a nosedive, get ready for altcoins to take center stage.
Now, here's the kicker: altseasons don't last forever. Typically, they hang around for about three weeks, and during a bull market, you can expect to see several of them. Your mission? Position yourself in altcoins before the altseason kicks into high gear, using BTC Dominance as your crystal ball.
So, there you have it, folks. Altseason is like the crypto rollercoaster you don't want to miss. Strap in, hold onto your hats, and get ready for the ride of a lifetime.
Remember, this is just my take on things, but if you found it helpful, don't be shy to show some love. Like, comment, share, and subscribe for more crypto wisdom. And hey, if you're feeling extra generous, a little tip wouldn't hurt. After all, sharing is caring in the world of crypto. Thanks for tuning in! đ
#altcoins #altseason #bullrun #markettrends #xrp
So, you've probably heard the buzz about "altseason" floating around the crypto world, but what exactly does it mean, and how can you spot it? Buckle up, because we're diving into this crucial concept in the crypto universe.
Altseason, short for "altcoin season," is like the Super Bowl for alternative cryptocurrencies. It's a magical time when altcoins break free from Bitcoin's shadow and skyrocket to the moon, leaving BTC in their dust. During altseason, it's not just advisable, it's downright essential to have some altcoins in your portfolio. But here's the kicker: the real magic happens when you invest in altcoins that haven't blown up yet. Think of it like getting in on the ground floor of the next big thing.
But how does altseason actually work? Picture this: Bitcoin is chilling, not making any big moves, and the market is feeling a bit... meh. That's when investors start looking for more excitement, and where do they turn? Altcoins, baby! With less action in the BTC camp, money starts flowing into altcoins like there's no tomorrow. Suddenly, the market cap of altcoins skyrockets, and almost every altcoin sees a massive surge in value.
To spot an altseason in the wild, keep your eyes glued to the Bitcoin Dominance chart (BTC.D on TradingView). This nifty chart tells you how much of the crypto market belongs to Bitcoin. The lower it goes, the better altcoins will perform against Bitcoin. So, when BTC Dominance takes a nosedive, get ready for altcoins to take center stage.
Now, here's the kicker: altseasons don't last forever. Typically, they hang around for about three weeks, and during a bull market, you can expect to see several of them. Your mission? Position yourself in altcoins before the altseason kicks into high gear, using BTC Dominance as your crystal ball.
So, there you have it, folks. Altseason is like the crypto rollercoaster you don't want to miss. Strap in, hold onto your hats, and get ready for the ride of a lifetime.
Remember, this is just my take on things, but if you found it helpful, don't be shy to show some love. Like, comment, share, and subscribe for more crypto wisdom. And hey, if you're feeling extra generous, a little tip wouldn't hurt. After all, sharing is caring in the world of crypto. Thanks for tuning in! đ
#altcoins #altseason #bullrun #markettrends #xrp
ââ STOP LOSING MONEY BY UNDERSTANDING MARKET CYCLES ââ
Financial markets, like natural phenomena, move in predictable cycles. These cycles often trap retail traders, much like how games lure players in with the promise of small wins just to claim larger losses.
The example of BTC in 2017:
Bitcoinâs price skyrocketed from around $1K in January to nearly $2K in December. However, by early 2018, Bitcoinâs price dropped to around $3K by December 2018. Many investors faced big losses.
4 of Market Cycles & Common Mistakes:
Accumulation:
This phase follows a significant market decline. Prices are low, and investors are pessimistic.
Example: After Bitcoinâs 2013 crash from $1K to below $200, the accumulation phase saw cautious buying by those who believed in its long-term potential.
Common Mistakes: During this phase, many investors are too fearful to buy.
Uptrend:
Characteristics: The market begins to recover.
Example: Throughout 2017, Bitcoinâs price steadily climbed & media coverage fueled investor confidence.
Common Mistakes: As prices rise, many investors jump in late, buy at higher prices & increase their risk of losses.
Distribution:
Characteristics: The market reaches new highs.
Example: In late 2017, Bitcoinâs price surged towards $20K, driven by extreme optimism.
Common Mistakes: During this phase, investors often buy at the peak of the market, driven by overconfidence.
Decline:
Characteristics: The market begins to fall from its peak.
Example: By early 2018, Bitcoinâs price began to fall sharply, leading to panic selling and significant losses for late investors.
Common Mistakes: Investors often hold on to their investments too long. As prices continue to fall, fear sets in, leading to panic selling.
The Cycle Repeats
These phases repeat over time, and understanding them can help you become a more consistent and successful trader.
Like, share & follow @Professor Mende - Bonuz Ecosystem Founder l for more!
#bitcoin #memecoins #markettrends
$BTC $ETH $SOL
Financial markets, like natural phenomena, move in predictable cycles. These cycles often trap retail traders, much like how games lure players in with the promise of small wins just to claim larger losses.
The example of BTC in 2017:
Bitcoinâs price skyrocketed from around $1K in January to nearly $2K in December. However, by early 2018, Bitcoinâs price dropped to around $3K by December 2018. Many investors faced big losses.
4 of Market Cycles & Common Mistakes:
Accumulation:
This phase follows a significant market decline. Prices are low, and investors are pessimistic.
Example: After Bitcoinâs 2013 crash from $1K to below $200, the accumulation phase saw cautious buying by those who believed in its long-term potential.
Common Mistakes: During this phase, many investors are too fearful to buy.
Uptrend:
Characteristics: The market begins to recover.
Example: Throughout 2017, Bitcoinâs price steadily climbed & media coverage fueled investor confidence.
Common Mistakes: As prices rise, many investors jump in late, buy at higher prices & increase their risk of losses.
Distribution:
Characteristics: The market reaches new highs.
Example: In late 2017, Bitcoinâs price surged towards $20K, driven by extreme optimism.
Common Mistakes: During this phase, investors often buy at the peak of the market, driven by overconfidence.
Decline:
Characteristics: The market begins to fall from its peak.
Example: By early 2018, Bitcoinâs price began to fall sharply, leading to panic selling and significant losses for late investors.
Common Mistakes: Investors often hold on to their investments too long. As prices continue to fall, fear sets in, leading to panic selling.
The Cycle Repeats
These phases repeat over time, and understanding them can help you become a more consistent and successful trader.
Like, share & follow @Professor Mende - Bonuz Ecosystem Founder l for more!
#bitcoin #memecoins #markettrends
$BTC $ETH $SOL
đ° BITCOIN YEARLY RETURNS IN THE LAST DECADE:
- 2014: -58% đŽ
- 2015: 35% â
- 2016: 125% â
- 2017: 1,331%â
- 2018: -73% đŽ
- 2019: 95% â
- 2020: 301% â
- 2021: 90% â
- 2022: -81% đŽ
- 2023: 154% â
- 2024: ???
Comment with your best guess đ
- Professor Mende - trade with 20% discount on Binance with my link.
#bitcoin #BTCPrice #bitcoinprice #markettrends #pricespeculation $BTC
- 2014: -58% đŽ
- 2015: 35% â
- 2016: 125% â
- 2017: 1,331%â
- 2018: -73% đŽ
- 2019: 95% â
- 2020: 301% â
- 2021: 90% â
- 2022: -81% đŽ
- 2023: 154% â
- 2024: ???
Comment with your best guess đ
- Professor Mende - trade with 20% discount on Binance with my link.
#bitcoin #BTCPrice #bitcoinprice #markettrends #pricespeculation $BTC
đ BITCOIN EYES $90,000 BREAKOUT, ANALYSTS SAY đ
đ Prepping for a Surge: Bitcoin is setting the stage for a significant breakout, with two classic indicators hinting at a bullish continuation.
đ Key Weekly Close: Renowned trader Roman has highlighted crucial signals on X, suggesting BTC is poised for a major move. Despite a lackluster June, Bitcoinâs higher timeframes indicate a promising outlook.
Consolidation Phase: Some analysts argue that Bitcoin's current price action is typical bull market behavior, characterized by consolidation below all-time highs, a phase that could last several months.
Bullish Divergence: Roman points out that Bitcoin is forming a third bullish divergence between price and the Relative Strength Index (RSI). Coupled with tightening Bollinger Bands, this setup could trigger substantial volatility.
đ§ Potential Upside: Romanâs analysis indicates that once volatility builds, BTC could surge well into new all-time high territory. He emphasized the importance of the weekly close, stating, "We are forming more bullish continuation indications on HTF. Once volatility is built, we can finally full send to $90K+."
Bulls Stay Hopeful: Cointelegraphâs previous reports noted that other bullish BTC price predictions are struggling to meet timelines. For instance, an $80,000 target for June is unlikely with just a week left. However, a separate prediction from May sees BTC hitting $95,000 in a rapid breakout.
Now, we have 2 different currents. Some sources say Bitcoin is headed towards $50k before breakout, other sources say we're already preparing for the $90k. The good thing both waves have in common: They're both talking about an upward trend in the long run, so I guess HODLERS can only win!
Matthias Mende out!
#btc #bitcoin #bitcoinpricealert #PricePredictions2024 #markettrends
$BTC Â $ETH Â $BNB
đ Prepping for a Surge: Bitcoin is setting the stage for a significant breakout, with two classic indicators hinting at a bullish continuation.
đ Key Weekly Close: Renowned trader Roman has highlighted crucial signals on X, suggesting BTC is poised for a major move. Despite a lackluster June, Bitcoinâs higher timeframes indicate a promising outlook.
Consolidation Phase: Some analysts argue that Bitcoin's current price action is typical bull market behavior, characterized by consolidation below all-time highs, a phase that could last several months.
Bullish Divergence: Roman points out that Bitcoin is forming a third bullish divergence between price and the Relative Strength Index (RSI). Coupled with tightening Bollinger Bands, this setup could trigger substantial volatility.
đ§ Potential Upside: Romanâs analysis indicates that once volatility builds, BTC could surge well into new all-time high territory. He emphasized the importance of the weekly close, stating, "We are forming more bullish continuation indications on HTF. Once volatility is built, we can finally full send to $90K+."
Bulls Stay Hopeful: Cointelegraphâs previous reports noted that other bullish BTC price predictions are struggling to meet timelines. For instance, an $80,000 target for June is unlikely with just a week left. However, a separate prediction from May sees BTC hitting $95,000 in a rapid breakout.
Now, we have 2 different currents. Some sources say Bitcoin is headed towards $50k before breakout, other sources say we're already preparing for the $90k. The good thing both waves have in common: They're both talking about an upward trend in the long run, so I guess HODLERS can only win!
Matthias Mende out!
#btc #bitcoin #bitcoinpricealert #PricePredictions2024 #markettrends
$BTC Â $ETH Â $BNB
đ„ URGENT: ATH BITCOIN PUMP INCOMING??? đ„
This Is The Longest Bitcoin Has Ever Consolidated Before A Parabolic All- Time High.
The Current 5 Monthly Candles Are Forming A Big Bullish Flag
Bitcoin might Melt Faces In Q3 & Q4.
Disclaimer:
Not financial advice, always DYOR.
#bitcoinprice #bitcoin #bullrun #bullorbear #markettrends
$BTC Â $ETH Â $BNB
This Is The Longest Bitcoin Has Ever Consolidated Before A Parabolic All- Time High.
The Current 5 Monthly Candles Are Forming A Big Bullish Flag
Bitcoin might Melt Faces In Q3 & Q4.
Disclaimer:
Not financial advice, always DYOR.
#bitcoinprice #bitcoin #bullrun #bullorbear #markettrends
$BTC Â $ETH Â $BNB
đš ANOTHER $150,000,000 IN CRYPTO MOVED BY GERMAN & US GOVT'S đš
The German and United States governments have recently made strategic moves by transferring millions of dollars worth of Bitcoin and Ethereum, catching the market's eye.
German Government's BTC Transfers đ©đȘ
On July 1, the German government moved 1,500 BTC, valued at approximately $95 million, to multiple crypto exchanges. This transfer follows a pattern, as over the past two weeks, Germany has moved a total of 2,700 BTC to exchanges such as Bitstamp, Coinbase, and Kraken. Currently, Germany holds 44,692 BTC, worth around $2.82 billion.
Data from Arkham Intelligence indicates that 400 of the latest 1,500 BTC were sent to major exchanges, while 750 BTC were transferred on June 26, with 250 BTC specifically going to Bitstamp and Kraken.
US Government's ETH Transfers
The U.S. government, on the other hand, has shifted its focus to Ethereum. On July 1, it moved 3,375 ETH, worth about $11.75 million, from seized funds to an unknown address. This follows a previous transfer of 11.84 BTC, worth around $743,000, from a seized funds address on June 30.
The ETH funds in question were seized from Estonian crypto entrepreneurs Potapenko and Turogin. The movement of these funds to an unknown wallet suggests a shift in fund management strategy by the U.S. government.
đ Analysis and Market Impact đ
The frequent transfers by both governments indicate strategic fund management. Germany's actions suggest a potential liquidation of its holdings on major exchanges, possibly influenced by the recently adopted Markets in Crypto-Assets Regulation (MiCA) by the European Union.
Meanwhile, the U.S. government's transfer to an unknown address could indicate a reevaluation of its ETH management strategy.
Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated on this matter!
#marketanalysis #warning #btc #bitcoin #markettrends
$BTC Â $ETH Â $BNB
The German and United States governments have recently made strategic moves by transferring millions of dollars worth of Bitcoin and Ethereum, catching the market's eye.
German Government's BTC Transfers đ©đȘ
On July 1, the German government moved 1,500 BTC, valued at approximately $95 million, to multiple crypto exchanges. This transfer follows a pattern, as over the past two weeks, Germany has moved a total of 2,700 BTC to exchanges such as Bitstamp, Coinbase, and Kraken. Currently, Germany holds 44,692 BTC, worth around $2.82 billion.
Data from Arkham Intelligence indicates that 400 of the latest 1,500 BTC were sent to major exchanges, while 750 BTC were transferred on June 26, with 250 BTC specifically going to Bitstamp and Kraken.
US Government's ETH Transfers
The U.S. government, on the other hand, has shifted its focus to Ethereum. On July 1, it moved 3,375 ETH, worth about $11.75 million, from seized funds to an unknown address. This follows a previous transfer of 11.84 BTC, worth around $743,000, from a seized funds address on June 30.
The ETH funds in question were seized from Estonian crypto entrepreneurs Potapenko and Turogin. The movement of these funds to an unknown wallet suggests a shift in fund management strategy by the U.S. government.
đ Analysis and Market Impact đ
The frequent transfers by both governments indicate strategic fund management. Germany's actions suggest a potential liquidation of its holdings on major exchanges, possibly influenced by the recently adopted Markets in Crypto-Assets Regulation (MiCA) by the European Union.
Meanwhile, the U.S. government's transfer to an unknown address could indicate a reevaluation of its ETH management strategy.
Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated on this matter!
#marketanalysis #warning #btc #bitcoin #markettrends
$BTC Â $ETH Â $BNB