It seems that whales/institutions are accumulating #LINK

We noticed that 54 fresh wallets withdrew 2.08M LINK($30.28M) from Binance   in the past 7 days.

Nothing better than starting the

New week,

Month

&

Quarter with green candles

Higher

Good Morning 💚

Historically, when #Bitcoin    has had a negative June, it tends to bounce back strongly in July.

In fact, $BTC has shown an average return of 7.98% and a median return of 9.60% during this month.

A bit of a boring market

But soon action will be back.

Those days you should spend some time with family and stuff

The German Government transferred 750 BTC($46.35M) out again, of which 250 BTC($15.41M) was transferred to Bitstamp and Kraken.

German Government currently holds 45,609 BTC($2.81B).

The German Government also transferred 0.001 BTC to Flow Traders, which may be a test transaction and will sell BTC through Flow Traders.

We are most probably bottomed or close to bottom

1-Open interest flushed
2-Market at important daily EMA support
3-Negative funding
4-Max fear in the market and people waiting for lower

You Can Take Entry in 2 Parts in BTC in SPOT

1-60k 2-55k

Target Range High:72k

Mt Gox to start Bitcoin repayments from July 2024- Bloomberg.

#MtGoxJulyRepayments #MicroStrategy

BTC UPDATE 24/06/2024 👇👇

Bitcoin Moving in Range between 73k-60k Range from March 2024.

Bitcoin again rejected from Range High and also brokes local supply zone of 63.8k.

Currently it's Moving towards next 60k-61k range low and strong support area.

We might see it bouncing off from the zone in coming days

or

we might see some manipulation like previous and then Again Move Towards Range High 73k Area.

So Plan Your Trades Accordingly . Stay Safe

#Megadrop #BinanceTournament

#ETH and its Beta coins are pretty much the safest bet for the next 10 days lead up to the ETF launch date.

They will continue to have relative strength as compared to the rest of the market.

#ETHETFsApproved

The summer lull has happened every year, even the most bullish ones:

- 2017: alts got crushed vs BTC
- 2019: 13k top and ensuing correction
- 2020: DeFi summer happened because everyone was risk-off majors and everything sucked so farming made sense
- 2021: bearish chop until that Trabucco tweet in July
- 2022: we died
- 2023: chop around 28k
- etc…
Summer is a good time to tactical-retreat in BTC/ETH/stables and expect less from alts.

I don’t think the summer seasonality changes the way the 4 year cycle will play out.

2018 = 2022 = we dead
2019 = 2023 = echo bubble, recovery
2020 = 2024 = constructive & bullish
2021 = 2025 = things get stupid, you sell

It’s a stupidly simple mental framework but so far it has worked well.

Best use of summer is finding the next PEPE or YFI. Second best use is doing cool IRL things.

Enjoy

The next 12-18 months will be some of the most important in human history.

The political battlelines are being redrawn rapidly.

A current and former president are fighting over the BTC vote.

BTC  is being adopted by nation states.

Pro- BTC  legislation is making it way across the USA.

The largest pension and wealth managers in the world are on the verge of allocating into #BTC   .

States are protecing your right access #BTC    and cracking down on the growth of CBDCs.

The "anti-crypto" army is losing BIG.

To win, all you need to do is stack sats & HODL.

#BinanceTournament #Megadrop

Happy Eid to all our Muslim friends and brothers ...We ask God to grant everyone success in this Field.

#bitcoin #BTC

What do 99% of failing traders do?

- No plan
- Impatient
- No risk management
- No understanding of their emotions
- Focus on the outcome not the process
- Jump into trades in fear of missing out

What the 1% do?

#BTC #bitcoin

Michael Saylor's MicroStrategy to raise $500 million to purchase more Bitcoin.

🇺🇸 US inflation falls to 3.3%, lower than expectations.

&

🇺🇸 Federal Reserve pauses interest rate hikes, remains at 5.25% - 5.50%

BOTH BULLISH NEWS

#FOMC #CPI

Good Morning

Today we have CPI + FOMC.

Crazy day + Crazy play = Massive SL or TP.

🤯

Why Alts Bleeding 🩸🩸?

Reason BTC.D is PUMPING

BTC Dominance Moving in Rising Channel Pattern on Weekly Timeframe

Currently Moving in Range Between 53% to 56%

Now Moving Towards 56% Range High as a Result Dip will Continue until it rejected from 56%

And if Able to Broke 56% then Next Resistance level 58 to 59% Area

#altcoins #bitcoin

In crypto you need : patience and time.

You can't force the market. You can't speed things up. Be prepared, learn, make mistakes and grow.

And if you don't give up in times like this, you will finally make it.

Bought the dip? 🤔

Remember we have two big event tomorrow (CPI & FOMC)

Emotions destroy 99% of traders.

- Plan your entries
- Plan your exits
- Always follow your plans
- Never break your rules

#altcoins #bitcoin