RektCapital
35,030 megtekintés
8 Bejegyzések
Népszerű
Legfrissebb
Address Starting With 0x38fe Liquidated 33,450 vETH Worth Approximately $2.27 Million. #binancenewstoday
No wallet is too big for liquidation. Trade safely and have rest. This is especially for those impatient traders out there who trade like they are gambling, steady small profit is the key to longevity in this business.
#HotTrends #write2earn…. #RektCapital
No wallet is too big for liquidation. Trade safely and have rest. This is especially for those impatient traders out there who trade like they are gambling, steady small profit is the key to longevity in this business.
#HotTrends #write2earn…. #RektCapital
Prominent cryptocurrency trader #RektCapital recently shared insights on the potential trajectory of Bitcoin ( #BTC ) in the near future on the social media platform "X". According to his analysis, the value of the digital currency might experience a drop to around $22,000 by September 2023. To reach this conclusion, he delved into the historical price chart data as of August 2023.
The analyst meticulously examined past data, scrutinizing the movement of BTC prices across previous cycles. He highlighted the most significant August price declines in Bitcoin's history. Notably, the flagship cryptocurrency suffered a 17% dip in 2014 and an 18% drop in 2015. Currently, there has been a 16% decrease in value.
If the same 18% decline were to occur in August of the current year, the Bitcoin cryptocurrency would potentially settle at approximately $24,700. However, this might not mark the most critical correction point. RektCapital emphasized two concurrent reasons for this assessment. Presently, the BTC chart is forming a "double top" pattern, and the digital coin has shown a tendency to "experience a dip in September."
Drawing from these observations, the expert speculated that BTC's value could further decrease by about 10% in the following month. This projection suggests a price reduction to around $22,200. These values would roughly align with the "target movement level for breaking the double top at the $22,000 mark."
#crypto2024 #Crypto2023
The analyst meticulously examined past data, scrutinizing the movement of BTC prices across previous cycles. He highlighted the most significant August price declines in Bitcoin's history. Notably, the flagship cryptocurrency suffered a 17% dip in 2014 and an 18% drop in 2015. Currently, there has been a 16% decrease in value.
If the same 18% decline were to occur in August of the current year, the Bitcoin cryptocurrency would potentially settle at approximately $24,700. However, this might not mark the most critical correction point. RektCapital emphasized two concurrent reasons for this assessment. Presently, the BTC chart is forming a "double top" pattern, and the digital coin has shown a tendency to "experience a dip in September."
Drawing from these observations, the expert speculated that BTC's value could further decrease by about 10% in the following month. This projection suggests a price reduction to around $22,200. These values would roughly align with the "target movement level for breaking the double top at the $22,000 mark."
#crypto2024 #Crypto2023
$BTC Still a Bull run no doubt🚀🚀🚀
I'm very sorry to those that got rekt #RektCapital #Write2Earn #BTC
I'm very sorry to those that got rekt #RektCapital #Write2Earn #BTC
Bitcoin's Crucial $31,000 Breakout and Chainlink's Promising Uptrend: Insights from Rekt Capital. 🐂👀
- A well-known crypto analyst, Rekt Capital, suggests that Bitcoin (BTC) could eliminate the risk of a bearish reversal if it convincingly breaks above $31,000.
- Rekt Capital emphasizes the importance of BTC staying above $31,000 to invalidate a bearish thesis.
- He indicates that a clean break above $31,000 is the final step to fully invalidate a bearish Bitcoin fractal.
- The analyst's chart suggests that if Bitcoin maintains its position above $31,000, it would likely invalidate an Elliott wave corrective pattern on the weekly chart.
- However, Rekt Capital warns that if BTC fails to turn $31,000 into support, there is a potential for a dip to the $27,000 range.
- Chainlink (LINK) is also discussed, with the analyst stating that LINK is at the beginning of a larger uptrend as it surpasses $10.
At the time of writing:
- Bitcoin is trading for $33,175.
- Chainlink (LINK) is trading for $10.60.
#Chainlink #link #bitcoin #BTC #RektCapital
- A well-known crypto analyst, Rekt Capital, suggests that Bitcoin (BTC) could eliminate the risk of a bearish reversal if it convincingly breaks above $31,000.
- Rekt Capital emphasizes the importance of BTC staying above $31,000 to invalidate a bearish thesis.
- He indicates that a clean break above $31,000 is the final step to fully invalidate a bearish Bitcoin fractal.
- The analyst's chart suggests that if Bitcoin maintains its position above $31,000, it would likely invalidate an Elliott wave corrective pattern on the weekly chart.
- However, Rekt Capital warns that if BTC fails to turn $31,000 into support, there is a potential for a dip to the $27,000 range.
- Chainlink (LINK) is also discussed, with the analyst stating that LINK is at the beginning of a larger uptrend as it surpasses $10.
At the time of writing:
- Bitcoin is trading for $33,175.
- Chainlink (LINK) is trading for $10.60.
#Chainlink #link #bitcoin #BTC #RektCapital
Rekt Capital, a prominent voice in the crypto community, asserts that Bitcoin's recent halving hasn't yet fully influenced market dynamics. Despite hitting new highs, Bitcoin remains in a consolidation phase, suggesting potential for further upside. Rekt Capital's analysis points to historical patterns, indicating a potential breakout in the coming months. While not forecasting extreme price levels, he anticipates sustained upward momentum, possibly until September. This perspective underscores the ongoing evolution of Bitcoin's market cycles and the anticipation surrounding its future movements.
#RektCapital #Rekt #Bitcoin
#RektCapital #Rekt #Bitcoin
Why Did Crypto Crash Today?
Good morning... So, you have opened your eyes to another red day. Please bear with me now 👇
As tensions between Iran and Israel intensify, the #crypto market has witnessed a significant downturn, losing over $430 billion in market value. The global crypto market cap dropped by 20%, falling from $2.64 trillion to a low of $2.21 trillion due to panic selling... The market's reaction on Monday will be crucial as the sudden crash has eroded confidence among investors.
Tensions between Iran and Israel escalated following an airstrike on the Iranian consulate in Damascus, Syria, which Iran claims resulted in the deaths of officials, including high-ranking generals. In response, Iran threatened retaliation and initiated drone attacks on Israel.
#RektCapital suggests that the current $BTC cycle is moving faster than previous ones, as evidenced by new all-time highs before the halving. However, he notes that the current retracement and sideways movement in the re-accumulation range are necessary to slow down the cycle. These retraces and consolidation periods aim to align the current cycle more closely with historical patterns.
However tension is rising. Russian President Vladimir Putin has issued a warning to the United States, cautioning against interference in the escalating tensions between Iran and Israel. Putin's threat follows reports that the U.S. intercepted drones launched by Iran toward Israel. Putin stated that if the Biden administration supports Israel, Russia will not remain passive and will take action.
As tensions between Iran and Israel intensify, the #crypto market has witnessed a significant downturn, losing over $430 billion in market value. The global crypto market cap dropped by 20%, falling from $2.64 trillion to a low of $2.21 trillion due to panic selling... The market's reaction on Monday will be crucial as the sudden crash has eroded confidence among investors.
Tensions between Iran and Israel escalated following an airstrike on the Iranian consulate in Damascus, Syria, which Iran claims resulted in the deaths of officials, including high-ranking generals. In response, Iran threatened retaliation and initiated drone attacks on Israel.
#RektCapital suggests that the current $BTC cycle is moving faster than previous ones, as evidenced by new all-time highs before the halving. However, he notes that the current retracement and sideways movement in the re-accumulation range are necessary to slow down the cycle. These retraces and consolidation periods aim to align the current cycle more closely with historical patterns.
However tension is rising. Russian President Vladimir Putin has issued a warning to the United States, cautioning against interference in the escalating tensions between Iran and Israel. Putin's threat follows reports that the U.S. intercepted drones launched by Iran toward Israel. Putin stated that if the Biden administration supports Israel, Russia will not remain passive and will take action.
Famous analyst spoke: Which level should be exceeded in Bitcoin?
According to analyst Willy Woo, Bitcoin reaching $7,000 will cause a liquidation wave, paving the way for it to reach all-time highs. #Bitcoin increased by 3.15 percent in the 24 hours until 11:05 on June 5, reaching $71,124. In light of CoinMarketCap data, the leader of cryptocurrencies appreciated by 4.8 percent on the weekly chart.
Bitcoin price is facing a significant resistance near the $71,500 and $72,000 levels. According to CoinGlass, if BTC exceeds $ 72,000, short positions worth $ 800 million will be liquidated on all exchanges.
If it rises above the $72,500 level, Bitcoin will trigger the liquidation of over $1.2 billion in leveraged short positions. Currently, BTC is 3.4 percent below its all-time high of $73,740, reached on March 14.
According to popular crypto analyst Rekt Capital, Bitcoin's post-halving accumulation (danger zone) ended on May 6, with Bitcoin rising above $60,000 again. Bitcoin's price has increased by over 12.5 percent since May 6, confirming that the post-halving danger zone is over.
In an X post, Rekt Capital shared that the Bitcoin price broke out of a significant two-week downtrend on June 3:
“Bitcoin broke its two-week downtrend today. However, we have seen upward wicks beyond this downtrend before. Therefore, a daily close is needed later today to confirm this breakout.”
However, according to #RektCapital , Bitcoin needs to turn $72,000 resistance into support before entering the “parabolic phase” of the bull cycle.
$BTC
According to analyst Willy Woo, Bitcoin reaching $7,000 will cause a liquidation wave, paving the way for it to reach all-time highs. #Bitcoin increased by 3.15 percent in the 24 hours until 11:05 on June 5, reaching $71,124. In light of CoinMarketCap data, the leader of cryptocurrencies appreciated by 4.8 percent on the weekly chart.
Bitcoin price is facing a significant resistance near the $71,500 and $72,000 levels. According to CoinGlass, if BTC exceeds $ 72,000, short positions worth $ 800 million will be liquidated on all exchanges.
If it rises above the $72,500 level, Bitcoin will trigger the liquidation of over $1.2 billion in leveraged short positions. Currently, BTC is 3.4 percent below its all-time high of $73,740, reached on March 14.
According to popular crypto analyst Rekt Capital, Bitcoin's post-halving accumulation (danger zone) ended on May 6, with Bitcoin rising above $60,000 again. Bitcoin's price has increased by over 12.5 percent since May 6, confirming that the post-halving danger zone is over.
In an X post, Rekt Capital shared that the Bitcoin price broke out of a significant two-week downtrend on June 3:
“Bitcoin broke its two-week downtrend today. However, we have seen upward wicks beyond this downtrend before. Therefore, a daily close is needed later today to confirm this breakout.”
However, according to #RektCapital , Bitcoin needs to turn $72,000 resistance into support before entering the “parabolic phase” of the bull cycle.
$BTC
