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Staying Ahead of the Crowd's Crypto
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(TWIC June 14th)
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Is the market cooled down enough? (TWIC June 21st)
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🫣 The crowd is mainly fearful or disinterested toward Bitcoin as prices range between $65K to $66K. This extended level of FUD is rare, as traders continue to capitulate. BTC trader fatigue, combined with whale accumulation, generally leads to bounces that reward the patient.
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📺 Enjoy our latest market video discussion where we explore the increasingly bearish sentiment coming from the crypto community, and the steady whale accumulation that should ease worries. Are you bullish or bearish yourself? https://youtu.be/d957_AV5WkU
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📊 The coins seeing the largest rise in trader interest right now are: 👍 Ethereum: SEC ending Ethereum investigation, Pantera Capital's plan to purchase $100 million worth of Ethereum 🇺🇸 Donald J. Trump: Martin Shkreli admitting to co-creating the token with Barron Trump
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📈 Cardano and XRP are a couple of the most notable altcoins that are seeing heavy trader shorting following relief bounces. This is a good sign for patient bulls, as liquidates shorts can effectively act as 'rocket fuel' for continued price rises.
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