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💰Despite a market decline,
Bitcoin
whales, who hold between 1,000 and 10,000 BTC, have increased their holdings.
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Large capitals continue to gain the #MKR token 🐋 A total of $1.6 billion worth of coins were bought overnight, and this is just the beginning. After the spill, procurement began. From an analysis point of view, after a crazy fall in the market, this asset showed a downward movement, and at the moment we have hit a very strong mirror level. If this trend continues, then in the near future we will be able to return to our previous trading range. Therefore, try to take a small part of this coin on futures or spot, as a local position. 💰Don’t forget to observe the risks, although shopping is going on, in any case, sales may appear at the moment. 😂Anonymous
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💸 Bitcoin remains on the right track Analysts at Bernstein note that institutional adoption of Bitcoin remains on track despite market turbulence. ✔️ The current market correction is explained by fears in the stock market and broader economic issues, rather than problems related to cryptocurrency. From a long-term perspective, analysts remain optimistic.
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Warren Buffet actually stockpiled cash last year It is not difficult to research the process of Berkshire Hathaway accumulating cash during the past period, when their reserves reached more than $ 100 billion (specifically 147, a record until the number 277 at the recent time). was widely announced in the media However, not only BH is doing this, the cash reserves of Big Corp in the US are also increasing and reaching a record level of $4.11 trillion for the first time, according to data published in June 2024. The tycoons around the world who store cash must know something much before us Yesterday the entire stock market was stained with blood except for stocks of weapons and military equipment groups. War is near
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#ETH Now about Ethereum, here our situation is much more interesting, we have withdrawn a lot of liquidity, and have also broken through the support level and are now standing at a very strong mirror level, and in principle from which purchases are now taking place and we are getting a Long movement, while here on its own the situation looks about the same as on Bitcoin, since on the CME exchange we also have a Gap in the range ($2764 - $3000), so for now the situation here is the same
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#BTC 👁Well, well, our next scenario worked out fully, only the only thing is that I didn’t expect that the weekend would send us so low, yes, I expected a drop to $58k to cover the Gap, well, not so much, so it’s time to update our analysis . 🤑For Bitcoin, if we take into account the same CME exchange, then here we have a Gap at the top in the range ($59,445 - $62,470), and as we already know, the Gaps overlap 100%, there is of course the possibility that we either now We’ll go sideways, or we’ll go down again, but I think that won’t happen, because because of this strait, we knocked out logisticians for a total of $1 billion, which is actually a very impressive amount, so in principle, the situation looks like Longovo for now , and I don’t see much sense in shorting, because we have an obvious target in the form of Gap⬅️
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