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While Bitcoin was moving steadily and most Altcoins were falling, on June 12, Lina had a strong breakout. At the time of writing, the price of LINA/USDT is hovering at over $0.0142 up 16% on June 12.
Based on the Ichimoku cloud indicator, it can be seen that the future Kumo cloud is narrowing, the Senkou Span A is pointing up and tends to surpass the Senkou Span B. Hope for a strong rally.
The image above shows the RSI and the Stoch RSI, there is an oversold situation, the sellers are getting weaker, the RSI (50) and the Stoch RSI (14) have moved upwards, reinforcing the bullish potential for LINA.
Today, if LINA/USDT breaks above the overhead closing resistance at 0.14530, it is likely that LINA will head towards the 0.0157 resistance and beyond possibly the 0.022 resistance.
Conversely, if the market is influenced by the market and the bears take control, it is likely that LINA price will retest the support at $0.0128.
**This is a personal opinion, be careful when making your decision

Currently, Bitcoin is being traded at $30,320. Last week Bitcoin had outstanding growth and started a new week in a solid position over $30,000.
Bitcoin protects the $ 30,000 level when closing the store every week. Despite the lack of motivation, the buyer can still protect the $ 30,000 landmark.
In total, BTC/USD gained 15.6% last week, making it its third-best weekly performance of 2023, according to data from monitoring resource CoinGlass.
This week is all about flipping that resistance zone / supply zone at $31,000 into support.
The chart shows that Bitcoin has escaped the trend of discounts, but it is still likely to take a fake break out, so be careful.
The market is being expected much on the price increase of BTC next week and as in the next month. The possibility that in the coming time BTC will have a strong growth to determine the next ATH level of the cycle.
Difficult to exploit difficulties due to decline despite the increase in BTC price
In an interesting thing, if it is likely to be temporary, contrast to the BTC price power, the basic principles of the Bitcoin network are cooling themselves. According to the latest estimate from BTC.com, Bitcoin Network Diffium This will mark the first downward adjustment since the beginning of May, but is forecast to be the second largest long distance in 2023 at about -2.5%.
The ratio of Bitcoin Rhodl pointed to "new breakthrough"
Bitcoin is at the dawn of "New speculation cycle" In his latest research on the data of Bitcoin, Rhodl, the founder of the lookboxtobitcoin argue that the source of BTC is processed from Hodler-Bas-Bas based on a speculative tool.
Despite the complicated paper, Rhodl ratio acts as a useful tool for Bitcoin price cycles and is currently repeating the expected classical behavior at the beginning of BULLS.
While the assets of long hodlers at the end of 2022, opportunities traders are currently entering again, the data shows that the transition to the main trading benefit is wider.
The level of user care The Fear & Greed
Crypto index, which means that the market mood component has been considered in recent days when BTC/USD has tried to create a new support. After a height of 65/100 on June 22, this index has decreased by 10 points, tending to the territory "neutral" when the spot price motivation cooled down.
This index is a late index, but it shows how sensitive to the market is for price action, and not only BTC, with ETH Alo, try to flip $ 2,000 to support. Based on emotional data, popular traders have warned against the desire until the clearer signals are given.

In the past 24 hours, 16.039 traders were liquidated , the total liquidations comes in at $33.88 million.
The largest single liquidation order happened on Bybit - BTCUSDT value $530.62K.
Top 5 liquidated:
BTC liquidated $7.72M
ETH liquidated $6.17M
SUI liquidated $1.70M
DOGE liquidated $1.46M
APT liquidated $1.39M
Top 5 long position is liquidated:
BTC liquidated $4.90M
ETH liquidated $4.11M
XRP liquidated $208.13K
BNB liquidated $203.56K
LTC liquidated $325.63K

According to cointelegraph: on June 17, the capitalization of the crypto market increased by more than 2% to $1.05 trillion, up almost 7.5% from the $975.25 billion low seen two years ago. hours ago.
Bitcoin surged to $26,452, which now accounts for almost 50% of the crypto market, having recovered 8.5% from its June 15 low of $24,750. Meanwhile, the largest cryptocurrency Ether is sitting at $1,725, up more than 9% over the past two days. Last week's worst performers, Solana tokens with $16, Cardano tokens with $0.266 and Polygon tokens rose to $0.6073, also recovering 8-15% over the same period.
Interestingly, the crypto market cap started to recover a day after its daily relative strength index (RSI) dropped near 30, indicating it is almost "oversold". From a technical perspective, the oversold RSI should prompt a price recovery or consolidation, as illustrated below.
Blackrock Bitcoin ETF Rumors
In addition to the technical recovery, the growing speculation surrounding the approval of the first Bitcoin ETF in the United States has helped the crypto market to recover. Notably, BlackRock, an investment firm that manages $9.5 trillion in assets, filed an application with the U.S. Securities and Exchange Commission (SEC) for a Bitcoin ETF on the 16th. July. In its history, the company has applied for 576 ETFs and has only been rejected once.
Crypto market outlook for H2 2023
From a technical perspective, the crypto market has been oscillating inside a bullish flag pattern since April 2023, which raises the prospect of a continuation of the rally.
This is a personal opinion, be careful when you make your decision

In the past 24 hours , 19.187 traders were liquidated , the total liquidations comes in at $57.56 million.
The largest single liquidation order happened on Bitmex - XBTUSD value $2.15M.
Top 5 liquidated:
BTC liquidated $14.74M
ETH liquidated $11.69M
APT liquidated $2.03M
SUI liquidated $2.03M
SOL liquidated $2.02M
Top 5 long position is liquidated:
BTC liquidated $3.90M
ETH liquidated $3.05M
XRP liquidated $301.52K
BNB liquidated $198.68K
LTC liquidated $214.12K

Solana (SOL)
Solana (SOL) raced to a one-week high on Saturday, as crypto prices rallied following a recent spell of downward sentiment.
After falling to a low of $14.47 during yesterday’s session, SOL/USD bounced to a peak of $16.07 to start the weekend.
The move came as the token continued to distance itself from a recent support point at the $14.00 mark.
From the chart, it seems that the latest rise in price has pushed the relative strength index (RSI) to a resistance zone at 36.00.
This has led to earlier bulls abandoning their positions, leading to the index now tracking at 35.77.
In the event this hurdle is overcome, there is a good chance that SOL will move towards $17.00.
Polygon (MATIC)
Additionally, polygon (MATIC) also made sizeable gains on Saturday, climbing by as much as 6% today.
MATIC/USD jumped to an intraday high of $0.6302 to start the weekend, a day after falling to a low of $0.5624.
As a result of the surge, polygon once again rose past a floor at $0.5760 and seems set to collide with a ceiling at $0.6700.
Despite today’s gains, MATIC still remains oversold, with price strength tracking at the 29.12 level.
This is however a positive for bulls, as there is still substantial upside to entering at this current level.
There is still a degree of uncertainty also, as a resistance point at 31.00 will likely test the strength of buyers.
**This is a personal opinion, be careful when you decide to invest.

According to cryptonews: the price of Bitcoin has undergone a significant recovery, seeing a notable rise of over $1.800 from the critical support of $25.000.
This uptrend has sparked speculation about the sudden action of influential market participants known as “whales” who may be taking advantage of the price drop to accumulate Bitcoin.
Over $1.2 Million Worth of BTC Transferred After 13 Years of Inactivity
In a significant development, over $1.2 million worth of Bitcoins that had been dormant for over 13 years were suddenly moved. According to blockchain data, a whale moved 50 BTC to another wallet on Thursday.
Just days later, another long-term investor or investors moved $11 million worth of the digital asset after 11 years of inactivity.
These movements of long-dormant Bitcoin raise questions about the motives behind the transfers.
Moreover, an increased interest and trading activity resulting from these movements can influence the dynamics of supply and demand, potentially impacting the overall price of Bitcoin in the short term.
Bitcoin Price Prediction
Bitcoin is gaining bullish momentum after breaking through the $26.800 level. Technically, if we observe the four hour time frame, Bitcoin has broken through the significant resistance of $26.000. A close above the $26.200 level shows that bull market sentiment is dominating.
Furthermore, Bitcoin hit a high around $26.800 and experienced a minor downside correction, finding support at the previously tested resistance of $26.250, which is currently acting as a Support level. So, BTC is likely to continue its uptrend, targeting the next resistance at $27.100 and maybe more.
**This is a personal opinion, be careful when you decide to invest.

As analyzed on June 16, LINA continued to move sideways, the price ranged from $0.0131 - $0.0139. As of June 17th, at the time of writing LINA's price fluctuated over $0.0139, LINA has increased by more than 3% in price..
Meanwhile, Bitcoin has seen a price increase to over $26,500.
This is due to the fact that LINA had a growth of more than 36% on June 12 and 23% on June 11, while BITCOIN declined. Therefore, LINA needs an adjustment to be able to create a new ATH in 2023.
According to the chart, LINA is about to complete a bearish wave pattern and the RSI, Stoch RSI 4 o'clock are still in the support range for the uptrend (49 and 42 respectively). That shows that, there is a high probability that LINA will break the downtrend and reverse to the upside.
According to the fluctuating price and resistance of LINA in recent months, spot buy $0.014 is also considered safe, there are many strong price supports in this area, suitable for you to make LINA investment decisions.
Another reason is that, LINA has a strong growth rate in the last few months of 2023.
**This is a personal opinion, be careful when making your decision

After Bitcoin was seeing an uphill battle between buyers and sellers near the $25.000 mark, today – June 17th, Bitcoin surged to the $26.304 mark at press time.
Can Bitcoin and altcoins start to recover from current levels?
Bitcoin price analysis
Bitcoin plunged below the crucial support at $25.250 on June 14, indicating aggressive selling by the bears.
Although the bulls managed to push the price back above $25.250 on June 15, they will have to overcome the obstacle at the 20-day exponential moving average (EMA) at $26,320 to initiate the recovery.
On June 17, BTC price broke through the $26.300 resistance level. Looking further ahead, the BTC/USDT pair might attempt to rally to the 50-day simple moving average (SMA) of $27.210 and possibly further.
Ether price analysis
Ether sled below $1.700 on June 14, suggesting that the failure of the bears to initiate a strong recovery may have intensified selling. By June 17th, ETH had recovered $1.715.
Currently, ETH has rallied above $1.700, which should indicate stronger demand at the next resistance levels. In the future, the pair can rally to the 20-day EMA ($1.779), where the bears will attempt to halt the rally. Further down, ETH has the prospect of breaking through $1.928 and then $2.000.
BNB price analysis
BNB's $237 pullback has disappeared at the 38,2% Fibonacci retracement level of $252,50 on June 14, showing that bears continue to sell in minor rallies.
By June 17, BNB had risen to $232. Next, the pair can fluctuate between $252 and $220 for some time. If buyers push the price above $252, the pair can rally to $265, where the bears are once again expected to make a strong defense.

In the past 24 hours , 21.802 traders were liquidated , the total liquidations comes in at $59.36 million.
The largest single liquidation order happened on OKX - ETH-USDT-SWAP value $743.85K.
Top 5 liquidated
BTC liquidated $19.36M
ETH liquidated $12.16M
MATIC liquidated $2.30M
XRP liquidated $2.01M
SUI liquidated $1.82M
Top 5 liquidated long positions
BTC liquidated $4.42M
ETH liquidated $3.78M
XRP liquidated $1.42M
BNB liquidated $575.80K
LTC liquidated $139.47K