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Blockmandev
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Seems to be working out as per it's prediction the top of
$BTC
is at $108000
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🚨 Crypto News: The $ETH / $BTC ratio has nosedived to its lowest levels since March 2021, leaving investors buzzing. While $BTC flexed its muscles with a brief ascent to $98,000 and a solid 7.45% weekly gain, ETH seems to be indecisive, treading water with minimal movement. The ratio, once peaking at a yearly high of 0.060 in February, now sits at a humbling 0.033. Speculations of an altcoin season led by #ETH have waned as institutional money flows heavily into $BTC, pushing it closer toward its six-figure milestone. Meanwhile, Ethereum struggles to recapture its former glory, even after hitting $4,000 earlier this year. Adding pressure to $ETH’s performance are rising exchange inflows, totaling 461,901 ETH (around $1.5 billion). This signals potential selling pressure, ramping up supply on exchanges—never a good look for prices. With the Parabolic SAR still hovering above Ethereum levels, analysts warn of potential retracement to $3,083 unless bulls rally to flip the trend and reclaim $4,000. What do you think: Is Ethereum losing its edge, or is this #BTC dominance just a temporary heatwave? Let's debate! #CryptoNews #Ethereum #Bitcoin
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🚨 You won’t believe China’s US dollar bonds in Saudi Arabia outshined US-issued ones, trading higher and being 40x oversubscribed! Is this a power shift in global finance? 🌍💰 #CryptoNews #DeFi #Finance
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ℹ️ By market $BTC has risen another 5% in the last 24 hours and is now trading around $98,000. 📊 #Bitcoin is very close to reaching the $100,000 mark. Many people did not take it seriously, but I think you now realize what is happening at the current stage of the market. We continue to break new all-time highs every day, people are getting more and more euphoric, and the market is still not giving shorts anything to gain, and it will continue like this. A good pullback will happen only at the moment of the spillover of funds from bitcoin to altcoin, take this into account.
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🚨 Crypto News: MicroStrategy is at it again! Michael Saylor's company just ramped up its convertible note sale from $1.75 billion to a massive $2.6 billion! What's the plan? You guessed it – more $BTC ! With a 0% interest rate and a sweet 55% conversion premium, MicroStrategy is going all-in. As Bitcoin pushed past $94,500, Saylor continues to ride the bull wave, predicting even bigger things ahead. Looks like Saylor’s bullish stance just got a whole lot bolder. Could $100,000 $BTC be the next stop? His prediction isn’t far off – and the market seems to agree. #Bitcoin #MicroStrategy #CryptoBulls
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👀 About the Current #Altcoins Dip Even with a minor #Bitcoin correction (-1.7%), altcoins continue to react with significant pullbacks, averaging between 7% and 15%! $BTC dominance has reached a new local high, now sitting at 61%. This makes longing altcoins extremely risky at this stage of the market. The best approach is to calmly accumulate positions on spot (in parts) and wait for them to play out. Until the desired growth impulses arrive, we may see deeper pullbacks to shake out weak hands. Stay cautious and trade wisely! ⚠️
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