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sei 🚀 wait for perfect entry 

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Buy setup for Shib wait for best entry non stop profit till moon

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xrp has going to moon if sec vs xrp stay positive 🚀 🌙

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The next 3 months are going to be absolutely INSANE for crypto. - Rate cuts are coming in 3 weeks. - The US elections are just 71 days away. - We could get a pro-crypto president in November. - CZ is coming back. - FTX is expected to redistribute $16B in cash to crypto-native degens sometime in Q4. - Rumors that China might unban crypto soon. - Russia is turning pro-crypto with international crypto payments. Keep Accumulating and Hold.

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Bitcoin at ‘perfect’ macro setup, but dip below $58K risks $500M in liquidations Aug 13, 202417:57 GMT+5 BTCUSD −0.66% BTCUSDT −0.70% Bitcoin is at a “perfect” setup from a macroeconomic perspective, but over $500 million worth of looming liquidations threaten to create more volatility for the world’s first cryptocurrency. In relation to the global M2 money supply, Bitcoin’s BTCUSD current mid-cycle correction positions it for an imminent bullish breakout, according to Jamie Coutts, a chief crypto analyst at Real Vision. Coutts wrote in an Aug. 13 X post: “Over the past decade, Bitcoin has had a tendency to trough several months before the bottom in global M2. Then it rips, gets way ahead of the move in liquidity, and has a mid-cycle correction.” Cointelegraph The growing global liquidity from the M2 money supply, combined with the spot Bitcoin exchange-traded funds (ETFs), makes for the “perfect setup” for Bitcoin, added the analyst. The analysis comes as Bitcoin is recovering from last week’s $510 billion crypto market sell-off, which tanked its price to a five-month low of $49,500 on Aug. 5. Bitcoin still remains under the key $60,000 psychological mark. Nearly $500 million stands to be liquidated Despite the bullish macroeconomic perspective, Bitcoin price could still see a correction to the $55,000 mark. A potential move below $58,000 would liquidate $489 million worth of cumulative leveraged short positions across all exchanges, according to Coinglass data. Cointelegraph Cumulative short Bitcoin liquidations would surpass $800 million if Bitcoin’s price fell below $57,500. Can Bitcoin break its two-week downtrend? Bitcoin is currently unable to break out of its two-week downtrend, which started on July 28. A successful retest of this downside trend line would enable more bullish momentum, according to popular analyst Rekt Capital, who wrote in an Aug. 12 X post As time goes on, the downtrend represents lower prices, meaning that retest attempts could go to lower prices and still be successful.

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