$SHIB reclaimed and trading above support is a sign of strength when many #altcoin got slaughtered. This is one to watch, good reward/risk setup with clear invalidation.
$WLD is setting up a good Risk/Reward opportunity for longs with a potential of ~75% gains. Clear invalidation if support gave up. #ai #worldcoin @Worldcoin #altcoin
CRYPTO OG ARTHUR HAYES INCREASES BULLISH CONVICTION!
In his recent essay “Shikata Ga Nai”, Arthur explained that,
Japanese banks pursued higher yields through dollar-yen carry trades, but rising U.S. inflation led the Federal Reserve to hike interest rates, causing major losses for U.S. Treasury bond (UST) holders. Japanese banks like Norinchukin suffered significant losses and announced plans to sell $63 billion in foreign bonds, mainly USTs. The Bank of Japan (BOJ) is expected to buy these bonds using the Fed's FIMA repo facility, increasing dollar liquidity in global markets. This intervention benefits crypto investors, highlighting an opportunity amidst these financial troubles.
$BTC = "A couple liquidation then Up Only!" #bitcoin
LIVE
0XMahathir
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Fractal is playing out on $BTC so far, I am not expecting a symmetrical right shoulder, one way to trade this chop is to wait for a successful break above $72k.