There are a lot of people who are shorting on BITCOIN, asking for liquidation purposefully. I don't see any Bearish sign in BTC yet. They all are going to get rekt sooner rather than later.
If we don't complicate things too much, we can see when the previous Bearish Divergence happened on the RSI, invalidating it and BTC pumped 23%, similarly right now we can see another Bearish Divergence here, which can invalidate as well and pump at least 10% from here. Most people don't understand how a Bull rally works. For more Ubdate,stay with us #CRYPTOHYPER5 #freesignalcrypto #btc_ubd $BTC
BTC has been moving slowly with lower volume compared to last week. Despite the breakout, the price isn't showing a parabolic rise due to significant selling pressure and aggressive short positions being opened. However, Bitcoin appears unfazed, with its primary focus seemingly on liquidating those short positions $BTC #freesignalcrypto #CRYPTOHYPER5
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Following the announcement that Elon Musk and Vivek Ramaswamy will lead D.O.G.E., many anticipated a surge in $DOGE ’s value. However, the price hasn’t shown a significant reaction just yet.
Notably, we did see substantial movement in their beta versions: • #DOGEGOV on ETH surged by 2x post-announcement. • $DOGE on Solana saw a 10x increase following the news.
Current Market Caps: • #DOGEGOV = $300 Million • $DOGE on Solana = $24 Million
If major exchanges list these beta tokens, could we see a strong upward run? What’s your view?#CRYPTOHYPER5
JUST IN Sam Bankman-Fried, the FTX fraudster, is being moved to a new prison, likely a medium-security facility in California, per WSJ reports. Location currently undisclosed. #FTX #CryptoNews
Grayscale #ethereum Trust’s NAV Discount Diminishes to 2021 Levels
About a week ago, Grayscale’s Ethereum Trust (ETHE) was trading at a 23.78% discount to NAV. A discount to NAV occurs when the market price of a closed-end fund or exchange-traded product (ETP) is lower than its net asset value per share. Essentially, the NAV is the per-share value of the fund’s assets minus its liabilities, divided by the total number of shares outstanding.