Binance Square
Mappa del sito post Square
Another bullish news for the crypto world. I think that the promises that Trump made in the election campaign regarding a friendly administration towards Bitcoin and that it will not hinder the development of crypto can become reality. How can the fact that the USA could create a store of value in Bitcoin become a reality. And make the United States become the central pole of crypto development the capital of crypto.
All this news can only make us think of one thing: we are facing a new era for Bitcoin and for the world of crypto. The Trump administration is already showing itself in favor of the world of cryptocurrencies without yet being at the White House. Making people think that the election promises that Trump made will be kept. It's still too early to say but everything makes us think positively. The safest thing is that we will no longer have a political administration against Bitcoin, in fact Trump is putting pro-Bitcoin people in his administration. And it makes us think big Bitcoin could really become the new store of value of the United States. And why not, it could become an official payment method equal to the dollar on the entire American soil. And meanwhile BlackRock continues to record record inflow on its etf and Microstrategy buys another $1.75 billion in Bitcoin. And the price of Bitcoin today has reached a new all-time high.
This is what I would like to see on DOGE. Yes, what you see darkened in green are my entries on DOGE, for confidentiality I wanted to hide the amount of DOGE I bought but I left you the levels I entered. It was a good play. What we see now is that the price of DOGE had a strong upward expansion that went to break the last relative high we found at $0.22. In recent days the price is slowing down, which is completely physiological. What I expect now is a possible retest of some important levels. The most plausible scenario at the moment remains the retest of the FVG below $0.32 before a possible price rise to $0.40 and above. Another excellent level would be below $0.27 where we find another area that the price has broken strongly upwards leaving a big inefficiency. The best scenario, however, is also the one most difficult to see, the retest of the structure that we broke on $0.22. It is the most distant area and at the moment most difficult to reach as it would still be a healthy descent for the price. DOGE is the first token that became a memecoin and has always been very dear to Elon Musk. Those who are not new to the crypto world know well that over the years Musk has been responsible for some pumps of the DOGE price. And now it remains, because DOGE has seen such a strong rise because Elon Musk has officially called D.O.G.E. his department within the Trump administration. So I am very positive about the future of DOGE and will continue to look at it very closely to take possible trades and add positions on this asset.
This is a special chart TOTAL 3 without the dominance of USDT, USDC, BTC & ETH This chart show us the real dominance of the Altcoins. Without the market cap of the two most important and capitalized stablecoins and the 2 most important crypto you can see how low the Alts market is. And how high it was instead in 2021 when we were in the middle of the Altcoins season. The difference is abysmal. Now we are right at the bottom of the market. And dominance is congesting on a key support level. What does this mean? It may mean that we are not even remotely close to the price levels that many Altcoins can reach as soon as the dominance of Bitcoin and USDT begins to collapse for real. Think about it And follow me 🤝
TOTAL 3 If you invest in Altcoins you must absolutely take into account the chart of the total 3 We saw with the end of last year a recovery of the altcoin market that rose thanks to the narrative of the approval of the spot ETF on Bitcoin that dragged the entire market upwards. With the new year we saw a sequence of decreasing highs and lows that led altcoins to outperform Bitcoin, which is completely normal. This phase is called accumulation. After finding a bottom and congested on an important structure level, we have seen a strong recovery of altcoins in these last two weeks. Now, with the closing of this week's weekly candle we had an upward break of the last relative maximum. What I now expect is a continued expansion of dominance towards higher levels and therefore an altcoins market that is starting to enter altseason. Could there be a retreat? Absolutely yes, as I show in the chart below. The retreat of dominance to retest the newly broken structure could take place and could lead the altcoins to retest themselves of the important price levels that have just broken upwards. This would be completely healthy and normal for the market, as I expect a still strong Bitcoin dominance and still ready to rise, bringing the price of Bitcoin to new highs. As a result, at this stage altcoins could continue to congest above newly broken key levels and retest their structures before a continuation of the uptrend they have begun.
ETHEREUM DOMINANCE Very bad, but we could start finding a bottom if there is still interest in investing in ETH as I think there is especially for more traditional investors, as there is also the spot ETF on ETH and it is starting to see higher inflows than before in this last week. In my opinion, this should interest us as far as ALTs are concerned as long as it doesn't change the narrative. If it were to change we could see a 'division' of the market where ETH breaks away from the Altcoins narrative and takes a cycle in itself therefore detaching itself from the narrative one and no longer having to deal with the alts cycle but living on its own life as it is performing poorly compared to most other Alts and in my opinion if this were to happen, ETH would become an asset in its own right like BTC. SOL could take the place of Ethereum as queen of Alts tracing the path on which then all the alts would follow it.
USDT DOMINANCE Why is it important? Because it makes us understand where the liquidity is moving. It makes us understand how much investors are moving their capitals from safe and stable assets such as stablecoin to assets risk on like Bitcoin or Altcoins. As we can see the USDT dominance is continuing to go down after it broke the distribution channel. Now we are very close to the bottom where I expect the real Alts season to start. Why do I consider USDT dominance and not some other stablecoins like USDC or DAI? Because USDT is the most capitalized stablecoin. To understand where liquidity is moving it's necessary to go and check the other most important dominance wich are - the Bitcoin dominance - Total 3 - Another Total market cap excluding stable and BTC & ETH Do you want an analysis of the other dominance? Follow me and follow the next posts 🤝
Positioned to be the leading #RWA project of this cycle, we take compliance as a top priority. 💪 Please meet the newest member of our strategic advisory board, @HarlyBusiness - a global expert in real-world asset regulation: "I'm certainly looking forward to working with the Lumia team as one of their strategic advisors. Real world asset trading using blockchain technology is without a doubt disruptive technology and that's where I believe Lumia will be making a significant impact in this space." 👉 To learn more about this announcement, read the full story here: https://t.co/KHPBhbz1fy $LUMIA #TheRWAChain
Bitcoin has reached a new ATH of $80k A rally over the weekend hasn't been seen for some time, especially going from ATH to ATH. The indicators signal an extreme greed on the crypto market. Why this thing? This week was marked by two very important news, among the most important of the year. We had the US elections where we saw the victory of President Trump considered by everyone as the Crypto President, the one who is in favor of Bitcoin. And we had a further 25bps interest rate cut. This means only one thing get ready for a bull market Investors will be increasingly predisposed to borrow money to invest in risk-on markets such as cryptocurrencies. The new American government will be willing to inject liquidity into the country's economy to show the strength and positivity of their new economic policies. And finally we will most likely have good news on the development and security of Bitcoin and crypto on American soil, without more wars with the SEC or legislative hitches with the American government.
What will happen if they removes the ban on crypto? We will probably see an inflow of capital never seen in the crypto market in its entirety, not just on Bitcoin. And this will happen even if the their government does not remove the ban on crypto. Because the way to invest is always found even in the face of a state ban. Some time ago it was said that the next bullrun could be pushed by their liquidity initiation, that that time has arrived? In my opinion only in part. Their market is not as powerful as the American one. Because let's face it, it is the American market that moves financial assets, it is the American stock market that is the most important and the most liquid, even if the world is dividing between West and East this division is not yet so marked and the dollar still has its strong weight on the markets. Bitcoin is being bought all over the world of course, but who is buying billions? BlackRock, Microstrategy, Coinbase, Tesla, Galaxy Digital Holdings and many other investment funds that offer spot etfs on btc. In conclusion, I think the this market won't make all this difference unless they remove the ban on crypto. If that were not the case, we will live the bull market in the same way even without them.
🌐 We’re thrilled to announce our partnership with @credefi_finance and tap in to the €900M market in the 🇪🇺 by bridging the debt financing gap and empowering SMEs with accessible, real-world asset-backed lending. With €3.7M in liquidity provided and €500k repaid expositions, this integration combines Lumia’s tech with Credefi’s mission to create real-world impact in #DeFi. The future of decentralized finance has arrived. $LUMIA #TheRWAChain #Credefi
🌐 We’re thrilled to announce our partnership with @credefi_finance, bridging the debt financing gap in the EU and empowering SMEs with accessible, real-world asset-backed lending. With $3.7M in liquidity provided and $500k repaid expositions, this integration combines Lumia’s tech with Credefi’s mission to create real-world impact in #DeFi. The future of decentralized finance has arrived. $LUMIA #TheRWAChain #Credefi
Polymarket has proven to be the most stable and serious crypto financial infrastructure during these elections, playing a key role in voting predictions. Polymarket, thanks to its forecasts and the predictions of bettors, was able to give a complete picture of what was really happening in real time. It is a tool that has proven an incredible use case in addition to having enriched (rightly) bettors. And there's nothing wrong with that. It is always a financial instrument and as such it must be. But someone doesn't like this thing, they don't like people getting too rich, they don't like them becoming financially free or paying less taxes than they earned. France is setting an example with this news. Macron, former goldman sachs, knows that retailers, ordinary people, cannot and must not get rich, but they must remain as much as possible within the so-called mouse race. Moreover, Macron is not on the same political side as Trump and was certainly rooting for Harris' victory. This now leads him to take it out on those who enrich citizens and those who had a weight on Trump's victory. Showing us that both American and European traditional media distort news and information, saying falsehoods, for their favorite political part, that is, who controls them: the democrats Polymarket and neutral, it shows us the data of bettors from all over the world and consequently the will of the people, because the money goes where there is the will to make it go. This is great for people's freedom, but it's bad for those who want to control people
IT’S DONE Donald J Trump is the new president of the United States of America! This is the most bullish news of this year. And not only this year but also for the next 4 years. These will be the years in which a change of direction is possible with respect to the relentless decline that the Democrats were causing the United States and the rest of the Western world to take. I am not an American citizen but it encourages me to know that the most powerful country in the world is finally governed by a person of common sense, by an entrepreneur who knows how the world works, by a person who is respected by the leaders of other foreign countries and has the ability to grow the economy of his country. Not to mention borders, government spending review, the end of the woke agenda and the 'democratic' authority that the dem had established, these will probably be the most flourishing years and adoption for Bitcoin and crypto. Trump has always been in favor of crypto and had declared that he wanted to make the USA the world capital of crypto and if this promise is kept we will really see a market capitalization rise to levels never seen before. These will perhaps be the years in which we will see true mass adoption
What will happen on the markets ahead of the election day? It's hard to say. You would have to have the crystal ball to know. But we can think about it Let's expect a situation of price congestion with possible upward or downward manipulations aimed at collecting liquidity to lead to a directional movement as soon as rumors about Trump or Kamala's victory begin to come out. As for Bitcoin, in my opinion the market has already priced a possible Trump victory last week after the price went up, touching the ATH and reabsorbing the price. Classic squeeze to liquidate positions and be able to collect liquidity for an impulsive directional movement. Needless to say, Trump would be the best President when it comes to the freedom of crypto as he himself has repeatedly sided in favor of Bitcoin and the world of crypto several times, declaring very strong things such as making the USA the Crypto world capital, thus attracting investors from all over the world. Despite this, I only expect price manipulations with the news of the US President's victory. In my opinion, the real move that will take us into the real bull market will arrive on Thursday with the cut in interest rates. The FOMC will be held on Thursday where the FED will decide whether to cut interest rates or leave them unchanged. Investors expect another rate cut of either 25 or 50 base points. There are two options: If the economy is really bad according to their analysis we will have an interest rates cut of 50bps This would be great in the short term because it means a greater propensity of investors to borrow money and a greater propensity to risk, but it would be problematic in the long term as it would lead to an imbalance i the real economy too fast giving the idea that the FED is rushing to cut interest rates to try not to break something in the economy but coming too late to save it. If they cut interest rates by 25bps it would be excellent in the short term but better in the long term as it would be a more moderate leading to think that we are not on the verge of a recession.
⚡ The fast-track bridge between @BuildOnLumia, @ethereum, and @BNBCHAIN is live. ✅ Transactions to and from Lumia chain are now up to 12x faster. More chains, including #Solana, are coming soon. ✅ Convert $LUMIA from Ethereum or BNB Chain to the Lumia chain, fees are paid in native tokens. 👉 Bridge: https://t.co/vTKW9g26xM #TheRWAChain $LUMIA
⚡ The fast-track bridge across @BuildOnLumia, @ethereum, and @BNBCHAIN is live. ✅ Transactions to and from Lumia chain are now up to 12x faster. More chains, including #Solana, are coming soon. ✅ Convert any BNB or ETH-based token (ERC-20) to $LUMIA, fees are paid in native tokens. 👉 Bridge: https://t.co/vTKW9g26xM #TheRWAChain $LUMIA
Bitcoin's weekly candle isn't closing well, but I wouldn't despair too much. Let's analyze what happened: as we can see from the liquidation heatmap, most of the liquidity was up on the previous highs just below the ATH. The price went to take liquidity from each of these highs and then touched the all-time high and went back down. The price did nothing but make a short squeeze or took liquidity momentarily reversing the short-term trend thus reabsorbing the price. Do we have to worry? No because despite this momentary collapse we are at high market prices and the fundamental tells us that we are at the gates of a bullish market phase. Next week we’ll have a new USA President and the FOMC meeting So don't be silly and if you're in the market hold your positions Be safe
Propaganda? Maybe, But he is the only one to run for the White House declaring himself totally in favor of Bitcoin and crypto. American friends, I won't tell you who to vote for of course, but keep in mind that this person, whether we like it or not, took part in favor of Bitcoin. His political rival has always been very vague. On the contrary, she wants to pass a law to tax unrealized capital gains. In addition, many analysts say that Trump would do well even to the force of the dollar. So, if you will go to vote for this election and you are invested in the market and in crypto, you should know what to do
Explained in two sentences why BlackRock is bullish on Bitcoin. Because they hold 2% of the Bitcoin supply. They were waiting for the right moment to enter the market. And now they are trying to encourage retail with these very positive statements. Let's be clear, I am bullish on Bitcoin and I think we are at the gates of a big bull market. But behind every market impulse there is a reason. They want to bring FOMO to Bitcoin in order to let all retail in. Remember that we are their liquidity exit. So know that even if we are retail we must try to replicate their movements with criteria. In investments as in trading you have to be smart and not reason according to the emotions of FOMO or FUD but to reason in a logical and rational way, with a cool mind controlling your emotions. This is how large investment funds act. In addition to being they who create FOMO and FUD, because they are the ones who control the markets, not us retail.
I think that one day we will have a Solana ETF But it's not today Why? Because BlackRock has not yet made a proposal for the ETF BlackRock holds most of the Bitcoin for their ETF than the other companies that offer Bitcoin ETF, they will not want to stay out of the market of a possible new ETF on an asset as interesting and full of liquidity as Solana. In addition, the second crypto ETF that exists is the one on Ethereum and is not showing great inflows, this makes us understand that traditional investors are not interested at the moment in other things than Bitcoin
⚡️ Lumia is thrilled to announce that @sandeepnailwal, co-founder of @0xPolygon, endorses Lumia as #TheRWAChain by joining as the first member of Lumia's strategic advisory board. This collaboration and endorsement mark a significant milestone for Lumia as we unveil our board, which will help us power the future $10 trillion RWA industry 🌐 Sandeep shared his excitement upon joining Lumia, stating: “Lumia’s innovative approach to integrating Real-World Assets into the blockchain ecosystem makes them the leader in making #RWAs and decentralized finance more accessible and practical.” Here is more about Sandeep Nailwal and what this announcement means for Lumia’s future 👇 #TheRWAChain $LUMIA
It is not the first time that Larry Fink talks about the tokenization of assets as the future of finance. And this leads us to think of a narrative that until now has been little observed: real world assets. BlackRock is now pushing on Bitcoin because it has invested heavily in etf advertising and holds many Bitcoins. At the same time, in a much quieter way, they are probably preparing the ground to push the real world asset narrative tomorrow as a strength narrative in the next alt season.
Just went to profit target a trade on Bitcoin. Lever x50 Market structure shift -> displacement -> fair value gap -> liquidity target The best setup to trade
First step on DOGE done Now it's time to see if the price is ready to move upwards to the next big buyside liquidity or the price create a new sideways accumulation All of this depends on what Bitcoin will do
Bitcoin seems to be creating an accumulation these days, probably ahead of the US elections. I expect that the price cans still drop to 63/64k and then see a rise towards the new buyside liquidity zones
This means not being stupid but in bad faith Yes, there is some 'risk' if you choose to invest in Bitcoin like his volatility Bitcoin is not a store of value yet because of its volatility too high compare to gold But in the long run it has always proven to lead to growth in its own value So I think that this recommendation to say no to this vote is made in bad faith for apolitical choice They are not in favor of Bitcoin
This is why I think that Bitcoin should be adopted by all government No more debt No more economic slavery at the feet of central banks or other State But many countries will never do it because they are too tied to central banks The entire ruling class must change in order to see an evolution of this type
The Wall Street Journal recently released a news stating that Tether would be under investigation by the US government Paolo immediately denied this news stating that there is no investigation. The Wall Street Journal has published 15 articles over the years concerning possible investigations into Tether, all false. What does this mean? They want to scare investors They want to drive as many people as possible away from this sector They want to destroy this world
If you have missed what is happening in the world I will tell you: In Italy there is a bill to increase the taxation on Bitcoin from 26% to 42%. In Denmark they want to increase the existing taxation of Bitcoin to 42% and not only that, they want to tax unrealized capital gains to 42%. In the USA, Vice President Kamala Harris wants to tax unrealized capital gains on all financial assets. This is war A war against Bitcoin A war against cryptocurrencies It is since the pandemic that we find ourselves that there is a risk of a totalitarian fall in the West, both in Europe and in the USA. And wanting to increase taxation on a freedom instrument like Bitcoin means limiting freedom. You citizen who invests in Bitcoin cannot free yourself from the system of central banks, you cannot get out of the slavery of increasingly inflated cash that makes you increasingly poor. You citizen can't be free.
Maybe I'm just a fool but I expect that in this podcast they will talk about Bitcoin and the world of crypto. Bitcoin has now become in these American elections a fundamental part on wich to base its own propaganda. Kamala doesn't talk too much about it and it's clear from how she talks about it that she's not in favor on crypto. She is the Vice President of an administaration that has always fought against Bitcoin and crypto Trump instead made a payment in Bitcoin, he himself launched a crypto currency, he is against the CBDC and he spoke to the most important conference about Bitcoin in Nashville. He know how to play this game He made promises to this sector and to all of us who are part of it I don't know if he will keep them, only time will tell us, but between the two candidates we know who is more in favor of Bitcoin and the whole crypto world. We know who is more in favor of the freedom of every citizen to be able to use their money as they want and anonymously. Surely there are many important things that they will be able to talk about in this podcast, but since Bitcoin is one of the important parts of the election campaign I expect that they can also talk about it
News like this only serve to put FOMO to less experienced people Bitcoin will probably see a new ATH in this next months and probably there will be a bull market but we don't need Paul Tudor or Larry Fink or Jamie Dimon or Michael Saylor to tell us that they are long on Bitcoin or they see Bitcoin at 500milion dollar price in two months. We need to study the price action and on-chain data No bullish news No bearish news Nothing that could influence our vision We need only charts and data analysis Clear your mind guys
Will Bitcoin do the same thing again this time as it did in the past?
1