A significant amount of Bitcoin, valued at $300 million, has mysteriously moved from the Japanese exchange DMM Bitcoin, baffling the crypto community. Reported by Nikkei, this incident raises questions about the security of digital assets.
Will the Bitcoin return or continue its digital adventure? The irony is striking: cryptocurrencies are known for their security, yet $300 million has gone on an unauthorized journey.
As we await more information, let's appreciate the unpredictability of cryptocurrencies and hope for a positive outcome. Remember, always keep an eye on your digital assets.
spotted a bullish wyckoff in the consolidation box.
where spring is already visible as you can see in the photo.
in lower time frame there's a market shift of structure in which the most indication of a bullish reversal.
entry was already hit right after MSS spotted and now market is currently trading into its support level price somewhere near at 1.79 to 1.76, breaking this support might result to a bearish pullback, while strong holding it will result to more bullish activity
here are my upper targets as follow:
2.27 2.39 ideal max target scalp 2.44 bonus target from here and beyond 2.615 2.64 2.79 2.93
there's a potential resistance at 2.844 expect a strong rejection from here.
again none of these are financial advice
please do your own research and invest only what you can afford to lose.
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ideally eth must retest the trendline breakout before traders can tell that the market is no longer interested going down and the only way for now is up.
my ideal target is 3291 but the market can still go further depends on the volume of selling pressure.
now if ever market won't break the lower neckline then there's a higher chance that this structure is going to form a consolidation forming a bullish rectangle and later on breaks out to the upside.
We all know that the ETHETF has not started its trading yet
hence a sell the news occurs.
now my ideal price entry for ETH/ETH.P is around 3291.24 while setting a stop loss below LL is the ideal stop loss to set.
Aiming for HH for a price target at 4100 and beyond MOON!!!
the goal of this chat analysis is to snipe a good discounted entry point for our dear followers
Take note: Breaking the stop loss may result in a more bullish activity, No need to be FOMO I already spilled the sauce chasing a raging rocket is dangerous better wait for its exhaustion
(Disclaimer: Not financial advice, your money | your decision)
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