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🟢Market Update: $BTC Is Preparing for a Big Pump $65.5K Reached🟢 Guys we are seeing now a market pump as per my previous charts prediction that the market continues to recover. The bullish trend started as #BTC broke the $64,500 resistance level & now could continue rallying. Let's jump in the explanation🥂 🔥BTC Pump🔥 Market recovery is happening as BTC prices jumped today while we are seeing a very big bullish signal as it broke the $64.5K level and heading upward. It is expected to continue rallying but we should BE CAREFUL as on Friday we saw the SPOT ETF Market closed in a negative outflow. Keep this in your mind for today. 🔴We need to wait 8 hrs for the SPOT ETF market to open, in order to confirm this pump and turn totally Bullish🔴 🌿 Altcoins 🌿 We saw a significant increase in some coins, but overall the market is slowly recovering. PEPE increased 3% and continues to recover as most of the Meme coins. $LUNC 8% & USTC 20% also has a major increase while yesterday's winner was $ENA with a 12.8% increase. Finally, long positions on Futures are advised to be cautious, increase your Take Profit gradually. While don't advise taking Short sell positions today. Next Target should be $71,000 if (a big IF) the BTC SPOT ETF market opens and gives us a buying pressure. Till this confirmation comes please be safe with your trades. Don't forget to follow and like for MORE Exclusive Content🥂 #CryptoWatchMay2024 #ENA #MicroStrategy

🟢Market Update: $BTC Is Preparing for a Big Pump $65.5K Reached🟢

Guys we are seeing now a market pump as per my previous charts prediction that the market continues to recover. The bullish trend started as #BTC broke the $64,500 resistance level & now could continue rallying. Let's jump in the explanation🥂

🔥BTC Pump🔥

Market recovery is happening as BTC prices jumped today while we are seeing a very big bullish signal as it broke the $64.5K level and heading upward. It is expected to continue rallying but we should BE CAREFUL as on Friday we saw the SPOT ETF Market closed in a negative outflow. Keep this in your mind for today.

🔴We need to wait 8 hrs for the SPOT ETF market to open, in order to confirm this pump and turn totally Bullish🔴

🌿 Altcoins 🌿

We saw a significant increase in some coins, but overall the market is slowly recovering.

PEPE increased 3% and continues to recover as most of the Meme coins. $LUNC 8% & USTC 20% also has a major increase while yesterday's winner was $ENA with a 12.8% increase.

Finally, long positions on Futures are advised to be cautious, increase your Take Profit gradually. While don't advise taking Short sell positions today.

Next Target should be $71,000 if (a big IF) the BTC SPOT ETF market opens and gives us a buying pressure. Till this confirmation comes please be safe with your trades.

Don't forget to follow and like for MORE Exclusive Content🥂

#CryptoWatchMay2024 #ENA #MicroStrategy

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🖤Trading Tips: USDT & $BTC / The Love Hate Relationship🤍 Guys if you call yourself traders YOU SHOULD understand the relationship between Tether USDT , the leading stable coin, and Bitcoin #BTC is a topic of fascination and debate. Here's a breakdown of the potential link between their printing and price movements: ✨USDT Tether Effect✨ Imagine Tether as a bridge between the traditional and crypto worlds. Many traders use Tether to park their funds when they want to avoid the volatility of other crypto currencies. A rise in Tether's supply could indicate more investors entering the crypto market, potentially looking to buy Bitcoin, the most established cryptocurrency. This increased demand could drive Bitcoin's price higher. 🌿The Correlation Debate BTC Vs USDT🌿 Studies suggest a correlation between Tether's printing and Bitcoin's price hikes. However, the cause and effect relationship remains unclear. Did the rise in Tether create more buyers for Bitcoin, or did rising Bitcoin prices resulted in more Tether printing? 💥Manipulation Concerns💥 Some theories suggest Tether might be manipulating the market by printing USDT to artificially inflate Bitcoin's price. However, conclusive evidence for this is lacking. ⚫It's Not Black and White⚪ The relationship is complex. While Tether's dominance and role as a trading pair influence Bitcoin, other factors like global economic conditions and investor sentiment also play a significant role. 💰 Conclusion 💰 BTC will be hitting new all time highs soon and if you are a good trader you should monitor the USDT prints happening as it explains the trajectory of the market. Tether's printing might influence Bitcoin's price, but it's not the sole driver. A nuanced understanding of the cryptocurrency market is crucial for informed investment decisions. 🖋️ By @CryptoVenom #pizzaday #btc70k #altcoins
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🔴 Market Update🔴 $BTC Not Moving While People Making Crazy Gains With $LUNC Guys i shared with you my chart below, and this is your daily update on the whole crypto market. Today we saw #BTC down as people started taking some profit after yesterday's fast increase in price, while it is expected to recover again and keep pumping if the BTC SPOT ETF market opens with new inflows and buying pressure... Let's Dive In🥂 👑 BTC 👑 While yesterday's price surge took BTC to $72K we saw a logical small sell off as some people still had BTC since $59K a few weeks ago. We might expect it to get back being bullish as the BTC SPOT ETF market opens in a few hours. Meanwhile it's price is jumping between $69,500 & $70,000. 💥Remember that once this Bitcoin consolidation ends, we are going to see the next big move! And it will be volatile💥 🌿 Altcoins 🌿 We are waiting to see a big increase in the prices of most of the Altcoins built on the ETH , such as PEPE and $SHIB as the ETH ETF Approval or Denial is due tomorrow evening and this could be a game changer for all of the Crypto Market as an approval will help Increasing the prices & a denial could dump the market as the percentage of approving it is definitely winning. The Altcoin Star for today was definitely #LUNC while took off 🚀 while it's volume is increasing by the hour. The price went from $0.0001075 to 0.00012508 at the moment and still pumping reaching %13 price surge in a few hours. Basically that's all the news have for today as tomorrow at this time will post #ETH ETF updates every 1 hour. Hopefully we get an approval and see the market run crazy for you guys to start making life changing money💰 Don't forget to follow and like for MORE Exclusive Content🥂 #altcoins #PEPE‏
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🚨 Breaking News 🚨 The SPOT $ETH ETF Approval Rating on Polymarkets Jumped to 56%! Guys In exactly 3 days it is the final deadline for the Spot ETH ETF. The big question is will it be approved? Let's talk about ETH price action as we get closer to the ETH SPOT ETF. Probability of it getting approved & the trading opportunity that we will get if the approval happens & we end the post with it's effect on the Crypto Market. ✨#ETH Price Action✨ The price of Ethereum is skyrocketing as we get closer to the SEC's decision on spot ETFs. With $BTC ETFs already a success, many expect a similar green light for ETH. ETH price is up around %18 since yesterday reaching $3660 as of today & out preforming #BTC 🌿ETF Approval Percentage🌿 Approval probability is high, but not guaranteed. The SEC might still raise concerns about liquidity or market manipulation. We got today an update shared with you the chart below 👇🏻 that the percentage of ETH ETF getting approved rose to 56%. 🔥 Approval Impact 🔥 If approved, the party could begin. Increased institutional investment would likely lead to a surge in ETH's price. This presents a significant trading opportunity, as the approval could boost ETH price above $4,000 level easily. 🪙Impact on Crypto Market🪙 A successful ETH ETF would be a major win for the entire crypto market. It would legitimize crypto as an asset class & attract a wave of new investors, potentially driving prices across the board. If the approval happens, it will definitely result in increasing the net flow & the trading volume of ETH & most of the Altcoins built on ETH like $PEPE UNI (Uniswap) LINK (Chain link) & many others. 💥Round Up💥 Definitely the ETH ETF approval will change the game, but don't recommend Futures Trading longing ETH as 58% approval is a risky percentage and any news about disapproval could dump the price. Any risky you want to take should be carefully studied, while my advice is to buy ETH on Spot & hold for the long run✨ Don't forget to follow & like for MORE Exclusive Content 🥂
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🔥 3 Relatively Cheap Projects To Buy & Skyrocket This Month 🔥 Guys If you are lost & don't know what to buy, then have the answer for you. In this posts chose 3 coins which have relatively low to average market caps, which gives yiu more opportunities to make life changing money. Let's Explain🥂 $MANTA ✨ What is MANTA? MANTA is the native cryptocurrency of Manta Network, a platform focused on building privacy preserving decentralized applications (dApps) through zero knowledge proofs (ZK). 💥 Technical Info: Name: Manta Network (MANTA) Market Cap: $410,449,427 USD (as of May 21, 2024) Current Price: $1.64 USD (as of May 21, 2024) Total Supply: 1,000,000,000 MANTA (Note: There seems to be some discrepancy on whether there's a max supply. Some sources say it's not available.) Circulating Supply: 251,000,000 MANTA Position in Crypto: #169 (as of May 21, 2024) $SAGA ✨ What is SAGA? SAGA is the native cryptocurrency of the Saga Protocol, a Layer-1 blockchain designed specifically for scalability. 💥 Technical Info: Name: Saga (SAGA) Market Cap: $214.3 million to $215.1 million USD Current Price: $2.30 USD Total Supply: 1 billion #SAGA (with a circulating supply of around 93.16 million) Position in Crypto: Ranked #282 on CoinMarketCap. $SEI ✨ What is SEI? SEI is the native token of the Sei blockchain network. This network is specifically designed to optimize trading activities for decentralized exchanges (DEXs). 💥 Technical Info: Name: Sei (SEI) Market Cap: $1.71 billion USD Current Price: $0.5834 USD Total Supply: 10,000,000,000 #SEI (max) Circulating Supply: 2,925,000,000 SEI Position in Crypto: #59 (according to CoinMarketCap). 🌿Round Up🌿 Guys those are amazing projects, while there team continues to build & develop. Read the tokenomics well before you take a decision. I'm sure if you hold those coins for a few months, you can definitely make life changing money💰 Don't forget to follow & like for MORE Exclusive Content🥂
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