Binance Square
LIVE
LIVE
The Crypto Anatomy
--
9.4k views
$BONK Passes The Falling Wedge Test 📈 Such a scenario signals strong bullish momentum and we are witnessing it since the past few days. This type of pattern leads to a huge price surge and the high of the previous swing can be breached comfortably. In a previous post I mentioned the same thing taking the support as the base forming a descending traingle with the trendline joining the lower highs. 📌 Within a month or two we may get to see the price reaching new highs with the elimination of one more zero. Bonk still has a long way to go and with the volatile nature of the crypto market we may experience some in the later stage. But let's be honest with the future price, Bonk is not going to be in the $1 club during this bull run. Maybe it could reach this feat by the next bitcoin halving in 2028 but not this time. 📌 Let's be practical. Dreaming about getting a meteoric return in a short period of time is nothing less than a joke and people also have such anticipation that Bonk might do it in a couple of months. Crypto doesn't work like this way friends and if you want to make those bags huge this bull run then start thinking practically and just get down to the basics. 📢 Mkt cap matters a lot in crypto rather than the price. Staying in the low mkt cap range makes it a tempting investment option in the meme category but the money will flow in other meme coins as well. If Bonk rises they'll rise too. Doge, Shib, Pepe, Wif they are all ahead of Bonk in mkt cap. Also the other potential meme coins behind Bonk will see some massive growth as well as this bull run will be different, stakes are high. So don't expect all the growth alone in a single meme coin and try to diversify your memecoin bag 💰 which will boost your portfolio. #Memecoins #BONK🔥🔥 #bitcoinhalving #Megadrop #BullorBear $BONK

$BONK Passes The Falling Wedge Test

📈 Such a scenario signals strong bullish momentum and we are witnessing it since the past few days. This type of pattern leads to a huge price surge and the high of the previous swing can be breached comfortably.

In a previous post I mentioned the same thing taking the support as the base forming a descending traingle with the trendline joining the lower highs.

📌 Within a month or two we may get to see the price reaching new highs with the elimination of one more zero. Bonk still has a long way to go and with the volatile nature of the crypto market we may experience some in the later stage. But let's be honest with the future price, Bonk is not going to be in the $1 club during this bull run. Maybe it could reach this feat by the next bitcoin halving in 2028 but not this time.

📌 Let's be practical. Dreaming about getting a meteoric return in a short period of time is nothing less than a joke and people also have such anticipation that Bonk might do it in a couple of months. Crypto doesn't work like this way friends and if you want to make those bags huge this bull run then start thinking practically and just get down to the basics.

📢 Mkt cap matters a lot in crypto rather than the price. Staying in the low mkt cap range makes it a tempting investment option in the meme category but the money will flow in other meme coins as well. If Bonk rises they'll rise too. Doge, Shib, Pepe, Wif they are all ahead of Bonk in mkt cap. Also the other potential meme coins behind Bonk will see some massive growth as well as this bull run will be different, stakes are high. So don't expect all the growth alone in a single meme coin and try to diversify your memecoin bag 💰 which will boost your portfolio.

#Memecoins #BONK🔥🔥 #bitcoinhalving #Megadrop #BullorBear

$BONK

Отказ от ответственности: на платформе опубликованы материалы и мнения третьих лиц. Не является финансовой рекомендацией. Может содержать спонсируемый контент. См. Правила и условия.
0
Ответов: 3
Последние новости криптовалют
⚡️ Участвуйте в последних обсуждениях в криптомире
💬 Общайтесь с любимыми авторами
👍 Изучайте темы, которые вам интересны
Эл. почта/номер телефона
Связанные авторы

Другие публикации автора

--
Why Are Investors Withdrawing Bitcoin? A substantial number of Bitcoin withdrawals from exchanges often indicates a shift in investor strategy. Such actions typically suggest that holders are opting for long-term storage over immediate trading or selling. This behavior may reflect a bullish outlook, with investors confident in Bitcoin’s future value and choosing to safeguard their assets in private wallets rather than keeping them accessible for quick trades. Impact on Exchange Liquidity The withdrawal of large amounts of Bitcoin can also affect liquidity on exchanges. A decreased supply on these platforms can lead to greater volatility, as significant buy or sell orders could have amplified effects on market prices. Investors monitor these changes closely, as fluctuations in exchange reserves can provide early indicators of potential price movements. The factors driving this trend include regulatory developments, macroeconomic conditions, and advancements in the cryptocurrency ecosystem. For instance, stricter regulations or economic instability might lead investors to secure their assets in private wallets, viewing Bitcoin as a hedge against traditional financial uncertainties. Institutional Investors’ Influence Institutional investors also play a crucial role in these market movements. The week saw significant inflows into Bitcoin ETFs, suggesting that institutional players are bolstering their holdings. This could further validate Bitcoin as a legitimate asset class and contribute to its perception as a long-term investment rather than a speculative one. Key Takeaways – Significant Bitcoin withdrawals indicate long-term holding intentions. – Lower liquidity on exchanges can lead to increased market volatility. – Regulatory and macroeconomic factors influence asset security preferences. – Institutional investments validate Bitcoin as a reliable asset class. – Advancements in crypto infrastructure encourage off-exchange storage. #Binance200M #BlackRock #TopCoinsJune2024 #FIT21 #BTC
--
Who Is Roaring Kitty, and What Does His Return Mean for Crypto? UPDATE: Keith Gill staged his return to Twitter, then Reddit, and finally back to YouTube with a livestream that drew 700,000 viewers. Financial analyst turned stock and meme influencer Roaring Kitty has roared back onto social media. His surprise return to Twitter in May didn’t even directly mention GameStop—the stock whose rollercoaster ride sparked global headlines and a documentary film—but nonetheless prompted the price of GME to double briefly and preceded a 1,900% surge in a Solana-based tribute coin also named GME. 📢 What’s the connection between Roaring Kitty—whose real name is Keith Gill—the failed video game retailer, and meme coins? Gill is no fringe character. He was the subject of the 2023 film “Dumb Money,” which told the story of the 2021 GameStop short squeeze, after his stock analysis and campaign to promote GameStop stock largely started the fire that engulfed Wall Street in 2021—and led him to testify on Capitol Hill. After more than two years of inactivity, the @TheRoaringKitty Twitter account came back to life on May 12 with an image of a man sitting up in his seat, holding a video game controller with a look of keen interest in his face. Gill nonetheless revealed himself live on YouTube, a little later than scheduled on June 7, joking that “I kind of forget how to do this.” After a litany of disclaimers, Gill cautioned viewers to do research on GameStop and its transition from brick-and-mortar video game sales. While acknowledging he should probably have a lawyer present, he expressed confidence in the firm's current leadership. He also responded to the early GameStop earnings report and the subsequent drop in stock price. This latest chapter of the Roaring Kitty saga will run at least through June 21, when the massive collection of $20 call options for GME expires—basically, a bet that GME will be worth more than $20 on that date. #TopCoinsJune2024 #Binance55thProject(IO) #altcoins #BnbAth #GME
--

Последние новости

Подробнее
Структура веб-страницы
Cookie Preferences
Правила и условия платформы