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Morgan
Bullish
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$TKD Listed on ME XC. Please quickly enter the lottery. Good product, small cap. X5 simple !! Top notch combustion mechanism. No token inflation!! In general, it's playable. Don't worry about lottery numbers!! #btc70k #StartInvestingInCrypto #altcoins

$TKD Listed on ME XC. Please quickly enter the lottery. Good product, small cap. X5 simple !!

Top notch combustion mechanism. No token inflation!!

In general, it's playable. Don't worry about lottery numbers!!

#btc70k #StartInvestingInCrypto #altcoins

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Professional Market Analysis of BTC/USD Chart The BTC/USD daily chart provides a comprehensive overview of Bitcoin's recent price movements. The chart highlights Bitcoin's all-time high (ATH) and shows a series of significant resistance (RO) and support levels. The marked "Spring" events indicate instances where the price successfully rebounded from support levels, suggesting strong buying interest at these points. Currently, Bitcoin is trading near $71,725, slightly below its recent peak. The Relative Strength Index (RSI) is at 47.40, indicating that the market is neither overbought nor oversold, but rather in a neutral state. This neutral RSI suggests that there is no extreme momentum in either direction, allowing for potential movement based on new market catalysts. The Moving Average Convergence Divergence (MACD) histogram shows slightly positive momentum, with the MACD line hovering above the signal line, although the momentum appears to be weakening. This suggests that while the bullish trend is still present, it may be losing strength. Volume profile analysis on the right shows significant trading activity around the $64,000 to $66,000 range, suggesting a strong support zone. This area is likely to act as a buffer against sharp declines, given the high volume of trades conducted at these levels. Overall, Bitcoin appears to be in a consolidation phase, with key support around $64,000 and resistance near its ATH. The market's direction will likely depend on upcoming economic events, market sentiment, and potential regulatory developments. Investors should watch for a breakout above the ATH for bullish confirmation or a break below support for a bearish signal. #altcoins #BTC #bitcoin
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Bitcoin (BTC) Price Dumps Below $68K in Minutes, Liquidating Over 75K Traders BNB is among the poorest performers from the larger-cap alts now. Bitcoin’s price tried to take down the coveted $70,000 level last night but was violently rejected and pushed back down by over two grand in an hour or so. The altcoins have also turned red, triggering an $80 billion loss to the total crypto market cap. The total value of liquidated positions has risen to roughly $170 million on a daily scale. CryptoPotato reported yesterday that BTC’s price actions were quite dull during the weekend, but Monday began on a more positive note. The afternoon was even more bullish for the asset as it attempted a charge against the psychological resistance at $70,000. Despite briefly breaching that level, the bears were quick to intercept the move and didn’t allow a decisive victory. Just the opposite, BTC started losing value almost immediately and dumped by over two grand within an hour or so. This culminated in a price drop to its lowest level since June 3 of $67,500. Its market cap has also plummeted to $1.335 trillion on CG. The alternative coins are in an even worse state. Ethereum has lost 3.5% on the day and is down to $3.560. Similar declines are evident from SOL, DOGE, TON, SHIB, and LINK. Binance Coin, which was last week’s top performer, has dumped by more than 7% in the past 24 hours. As a result, BNB is down to under $620. Even more painful declines come from the likes of NOT (-19%), W (-15%), JASMY (-11%), BRETT (-10%), and others. The total value of liquidated positions in the past 12 hours is up to $120 million and $170 million on a daily scale. More than 75,000 traders have been wrecked within the same timeframe. Interestingly, ETH is responsible for the largest piece of the pie and the single-biggest liquidated position involved ether as well. It was worth more than $6.5 million and took place on Binance. #BTC #bitcoin #altcoins #BlackRock
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👀 $MAGAA - News Causes Price to Surge 3000% 🕺 On June 8th, during a Space discussion on X about $MAGAA, there was a surprise participation of Influential People in the Media and Traditional Finance industry. Immediately, the price of $MAGAA spiked more than 3000%. Currently, the price of $MAGAA is $0.03926, down 18% in the last 24 hours. This price decline can be explained by investors starting to take profits after the parabolic price increase. This also occurred with Smart DEX Traders after they had accumulated during the June 5-7 period. #altcoins #BTC #bitcoin Currently, this wallet group has taken profits on half of their position, with a realized P&L of $2.41M, strongly at the peak of 08/06, while the unrealized one is $2.46M.
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CoinShares: Digital asset investment product line totaled $2 billion last week ✔️ Digital asset investment products saw inflows totaling $2 billion, extending a five-week run of inflows to $4.3 billion, showcasing sustained investor confidence. Trading volumes in Exchange-Traded Products (ETPs) rose to $12.8 billion for the week, a 55% increase from the previous week, highlighting increased market participation and liquidity. ✔️ The continuous inflows indicate the growing appeal of digital assets as a viable investment class, offering portfolio diversification and hedging against traditional market risks. The rise in ETP trading volumes further reflects strong demand and confidence among investors, signaling market maturity and increasing institutional and retail engagement. ✔️ Overall, the significant inflows and rising trading volumes underscore the dynamic nature of the digital asset market. These trends point to a positive future outlook, with digital assets gaining traction and driving further innovation and development in the financial landscape. #Binance200M #altcoins #BTC #bitcoin
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💎🪙🪙📰📰📰 Bears rekt: Bitcoin ETFs see runner-up record day with $887M inflows 🔊 Fidelity’s Bitcoin fund led the pack with $378.7 million in net inflows on the U.S. spot Bitcoin ETFs' second-highest joint net inflow day, according to preliminary data. ✔️ The United States spot Bitcoin exchange-traded funds (ETFs) saw their second-best-ever joint net inflow day of $886.6 million. The Fidelity Wise Origin Bitcoin Fund (FBTC) had the largest inflow at $378.7 million, followed by BlackRock’s iShares Bitcoin Trust (IBIT) with $274.4 million. The ARK 21Shares Bitcoin ETF (ARKB) was third with $138.7 million. ✔️ This marks the highest net inflows since March 12, when the funds took in $1.04 billion . Bitcoin prices surged 2.9% to $71,000 over the last 24 hours, according to CoinGecko. #btc70k #altcoins #BlackRock
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