Hi Guys,

It's Big & Big #alert About $WIF 15% Crash !!!

WIF Price Crashes 15% – Will The Freefall Continue?

Dogwifhat (WIF), the once-booming memecoin featuring a Shiba Inu sporting a stylish knitted beanie, finds itself in hot dog water.

After a meteoric rise earlier this year, WIF has been on a downward spiral, trapped within a descending channel since late May.

Analysts are carefully keeping tabs as the canine crypto approaches a critical support level, with its future hinging on a tug-of-war between bullish and bearish forces.

Descending The Price Ladder: A Sign Of Weakness?

Technical analysis paints a worrying picture for WIF. The descending channel pattern, characterized by lower highs and lower lows, indicates sustained selling pressure.

The price has plummeted a staggering 30% since the end of May, currently hovering around the crucial $2.44 mark. In the last week, WIF has lost 15% of its value, data from Coingecko shows.

This level represents a make-or-break point for WIF. If the bulls – those optimistic investors hoping for a price increase – can’t defend this support line, the price could plunge further, potentially reaching a new low of $1.93.

A Technical Tailspin

Adding fuel to the bearish fire is the Aroon Down indicator, a technical tool that gauges the strength of a downtrend.

WIF’s Aroon Down Line sits at a concerning 100%, signifying a robust downtrend with the most recent low occurring not too long ago.

This suggests that selling pressure is overwhelming any potential buying activity among WIF holders.

Will The Bulls Rise To The Occasion?

A glimmer of hope remains for WIF devotees. If the bulls manage to hold the current support level, a price rebound towards the resistance line at $2.70 is a possibility.

This would be a temporary reprieve, but it would offer a chance for the memecoin to regroup and potentially break free from the descending channel.

#BinanceTournament #Write2Earrn #BTCFOMCWatch #CPIAlert

Hi Guys,

It's Big & Big #timetobuy 4 Altcoins to Hit All Time Hit !!!

4 Altcoin To Hit All-Time High Next; Buy Now.

A versatile portfolio makes the declining market conditions bearable.

Check out the top altcoins that might hit all-time highs next to add to your portfolios.

According to the fear and greed index, a major shift in users’ sentiments is seen from greed to neutral following the Bitcoin plunge.

As a result, the market is declining, putting downward pressure on the rest of the cryptocurrencies.

However, a few altcoins have kept the trends alive and are closer to rising to new all-time highs.

On that note, let us look at altcoin, which might hit an all-time high next and can bring profits even in these market conditions.

Kaspa (KAS)

Notcoin $NOT
Ondo $ONDO

io.net $IO
#altsesaon #Write2Earrn #BTCFOMCWatch #cpi

Hi Guys,

It's Big & Big #Update About 3 Crypto Which can Recover Soon?

3 Top Cryptos That Might Recover This Week.

As the higher share of the market is on the declining side, only a few cryptos like AKT, PEPE, and SHIB are aiming at a recovery.

Due to the drop in traders’ sentiments, the market’s condition is also declining.

The global market cap has dropped to $2.41 Trillion, and the fear and greed index has sunk to 53. The 24-hour trading volume is also on the low side with $ 72.8 billion, and Bitcoin price has declined to $66,198 and much more.

However, a few cryptos have indicated the signs of recovery despite the bearish conditions.

1. Akash Network $AKT

2. Shiba Inu $SHIB

3. Pepe $PEPE

#CPIAlert #AirdropGuide #BinanceTournament #Write2Earrn

Hi Guys,

It's Big & Big #alert About $PEPE Whales Trasaction !!!

Whale Moves 357.2 Billion PEPE To Binance Amid Price Dip, What’s Next?

A whale moves 357.2 billion PEPE tokens to Binance amid a significant price dip. Unravel the potential market impact and future price predictions for PEPE.

PEPE Market Fluctuations and Whale Activity

Meme cryptocurrency PEPE has taken a beating lately, dropping over 10% in the past week according to on-chain data.

A major holder with the address 0xf22…a685c had to reduce their position. They initially withdrew 548 billion PEPE tokens from a centralized exchange at an average price of $0.00001341, worth around $7.35 million.

However, in the last 16 hours, this holder sent back 357.2 billion PEPE to Binance through two transactions at a lower price of $0.00001157. The first transfer was 170.3 billion tokens, and the second was 186.95 billion, totaling $4.14 million.

If sold at the current rate, this would result in a $660,000 loss, with the remaining tokens still being underwater by $320,000.

This move suggests the whale is repositioning strategically, perhaps expecting further dips or preparing for new opportunities in the market.

PEPE Market Analysis and Future Prospects
PEPE is currently trading at around $0.00001208, with a massive 24-hour trading volume of over $954 million.

However, the price has dipped by 0.35% in the last day and a more significant 7.08% over the past week. With a circulating supply of 420 trillion PEPE tokens, the total market cap stands at roughly $5.09 billion.

The token is fluctuating between $0.00001217 and $0.00001137. Open interest in PEPE futures has declined by 8.20%, now valued at $79.1 million.

According to Coingape’s analysis, market consolidation led to a V-top reversal from $0.00001725, causing a 37.2% plunge to $0.0000108 and the market cap dropping to $4.54 billion.

Currently, PEPE’s price is teetering on a potential breakdown from the critical $0.0000114 support level, which coincides with the 50-day exponential moving average and 38.2%.

Hi Guys,

It's Big & Big #timetobuy these 4 Crtypto Currencies As $BTC is on $66,000 !!!

Bitcoin Price Struggles At $66K But These 4 Crypto Stocks Shine.

The Bitcoin price is currently grappling with major losses while trading at around $66,000, however, experts have recognized four crypto stocks that are expected to perform well.

After a strong performance in 2023 and early 2024, top cryptocurrencies, particularly Bitcoin (BTC), have faced a downturn. Bitcoin, the leading cryptocurrency, achieved an all-time high of $73,750 in March as the price rallied unprecedentedly after the ETF launch. However, it has since experienced a significant pullback.
Bitcoin Price Metrics
Throughout May, Bitcoin remained well below $70,000, and June hasn’t seen much improvement. On June 14, Bitcoin dipped below $65,000 before rebounding slightly to $66,000. Several factors have contributed to the recent decline in the Bitcoin price. One major event was the Bitcoin Halving in April, which reduced the block reward by 50%.
This event occurs every four years to limit Bitcoin’s total supply to 21 million coins. Typically, Halving events boost demand and prices, but this year, the Bitcoin price failed to regain its momentum post-halving. The Halving forced miners to sell their BTC block rewards to avoid losses, thereby catalyzing the bearish trend.
Furthermore, another factor affecting Bitcoin’s price has been the broader economic environment. In April, concerns over rising inflation and potential interest rate hikes caused a pause in the Wall Street rally. While inflation eased in April and May, the Federal Reserve’s uncertain stance on rate cuts has kept investors on edge.

$SHIB

$PEPE

#BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert

Hi Guys,

It's Big & Big #alert About $BEER Early Investors Net $1.3 Million Profit !!!

$BEER Early Investor Nets $1.3 Million Profit

$BEER meme token has reportedly made over $1.3 million in profit. According to Lookonchain, a blockchain analytics tool, the investor’s strategic moves and timely transactions led to this impressive financial outcome.

1/ $BTC plummeted and #Bitfinex whales reduced their long positions!

Let's use 5 indicators to see if it’s time to escape from the #Bitcoin top.

Strategic Moves and Market Timing Lead to Significant Profits for $BEER Investor

The investor initially spent 301.2 $SOL (approximately $50,000) to participate in the $BEER pre-sale, receiving 3.38 billion $BEER tokens in return.

On May 26, the investor further exchanged 5.45 billion $BONK (valued at $192,000) for an additional 1.86 billion $BEER tokens.

Following the listing of $BEER on Gate.io, the investor deposited 240 million $BEER tokens, worth $120,000 at the time, to the exchange for profit-taking. Recently, the investor sold a substantial 4.6 billion $BEER tokens for $1.34 million.

Despite these sales, the investor still holds 400 million $BEER tokens, valued at $109,000.

BEER Token’s Success Highlights High-Risk, High-Reward

Nature of Meme Coins

$BEER, a meme token running on the Solana blockchain, has demonstrated the volatile yet potentially lucrative nature of meme tokens in the cryptocurrency market.

The investor’s initial $50,000 investment has grown exponentially, highlighting the high-risk, high-reward environment of digital asset trading.

This case illustrates the potential for substantial gains through early investment and strategic trading in meme tokens, although it also underscores the inherent risks and volatility associated with such assets.

The success of this investor serves as a reminder of the unpredictable and dynamic nature of the cryptocurrency market.

#BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert

Hi Guys,

PEPE Sheds 18% in a Week: Will Bulls Return Soon?

$PEPE
PEPE has performed poorly over the past seven days. On June 3, 2024, PEPE was hovering around $0.00001525.

Notably, PEPE attained this price after Binance rolled out a new PEPE promotion with a prize pool of up to 100 million PEPE on June
1.

However, PEPE started pulling back as the excitement about this promotion faded. 

As a result, PEPE hit a weekly low of $0.00001190. Luckily, Spot On Chain pointed out that Nascent purchased 447.67 billion PEPE worth $5.48 million from Binance on June 8.

This whale activity spurred a slight resurgence. By June 10, PEPE had stabilized at around $0.00001242. This price point means PEPE has wiped off 18.56% in a week. 

Still, experts believe PEPE will recover and climb to $0.00001900 by the end of June.

Experts base this prediction on PEPE attracting more investors after a whale withdrew 303.40 billion PEPE from Binance on June 10, signaling accumulation. This forecast makes PEPE one of the leading ETH meme coins to buy!

#BinanceTournament #CPIAlert #AirdropGuide #PEPEATH #Write2Earrn

Hi Guys,

Ethereum Dumps 3% in a Week: What’s Coming Next?

$ETH
Ethereum has put up a lackluster performance over the past seven days. On June 3, 2024, ETH was changing hands at around $3,811.05. After holding this level for days, ETH slumped on June 7.

Specifically, ETH traded as low as $3,615.28 on June 7. This plummet came after news on June 6 revealed that ARK Invest had pulled back its spot ETH ETF application.

However, the FOMO surrounding spot ETH ETFs triggered a slight resurgence. By June 10, ETH had stabilized at around $3,671.13. This price means ETH has plunged 3.67% in a week.

So, will ETH continue bleeding, or will bulls take over soon?
According to experts, ETH will reverse course and climb to $3,789.94 by the end of June.

Experts base this prediction on ETH attracting more investors as the FOMO about spot Ethereum ETFs launching increases.

#BinanceTournament #AirdropGuide #ETHETFsApproved #CPIAlert #Write2Earrn

Hi Guys,

It's Big & Big #Prediction About $PEPE Reversal !!!

PEPE’s price reversal depends on these key factors panning out

The popular memecoin could be in for an interesting few weeks if a few conditions pan out.

PEPE grabbed investors’ attention over the last few days, especially as it traded close to a strong support level for a likely price reversal if its nascent bullish momentum steers a price surge. In fact, such a move could fuel a major rally on the charts.

PEPE’s prices have recorded a 33.53% pullback since May 28 to retest a support level at $0.000015. 

PEPE has since consolidated around the support level for the past 6 days, with bullish momentum gradually building. The price action has respected an ascending trendline too. 

The exponential moving averages (EMA 50/100) seemed to provide additional support as the EMA 50-day trend was above the EMA 100-day with PEPE trading above.

Additionally, the stochastic RSI pointed to a slightly overbought zone, suggesting a sustained uptrend after a brief consolidation.

This confluence between the support levels and indicators makes PEPE a meme for investors to watch for long positions.

PEPE volume, open interest on USD exchanges flash bullish signals

AMBCrypto further analysed volume, open interest on the USD exchange, and the total number of holders on Santiment.

PEPE’s volume indicated several spikes correlating with an increasing open interest. This correlation highlighted greater PEPE trading activity and interest at this significant support level.

The total number of holders seemed to rise steadily too, reflecting widening investor confidence and the accumulation of PEPE tokens. With these market sentiments, the key support level can prove to be a stronghold for the market’s bulls.

#BinanceTournament #BTCFOMCWatch #AirdropGuide #Write2Earrn

Hi Guys,

It's Big & Big #alert About $BTC Liquidations of $200 Million !!!

Over $200 Million in Liquidations as Bitcoin (BTC) Price Dropped to Monthly Lows

Nearly 75,000 traders have been wrecked in the past day.
Bitcoin’s price movements for the past few days have been quite painful as the asset slumped to $65,000 yesterday for the first time in about a month.

Despite recovering from their lowest positions as well, the altcoins are also deep in the red, with NEAR, FIL, and FET dumping the most.

BTC’s Rollercoaster Continues

The primary cryptocurrency had a somewhat positive start to the business week as it pumped to and slightly above $70,000 on Monday.

However, the landscape changed on Tuesday amid growing anticipation and fear about the US CPI numbers and the subsequent FOMC meeting and the asset dropped to $66,000.

Once the CPI beat the expectations, BTC skyrocketed back to $70,000, but that was short-lived. A day later, bitcoin found itself slumping to $67,000 and the situation worsened on Friday evening.

The bears seemed in complete control, and they pushed the asset to a monthly low of $65,000. Although it has been able to bounce off and recover around a grand, BTC is still 1.5% down on the day.

This volatility has resulted in over $200 million worth of liquidations from almost 75,000 traders in the past 24 hours.

Its market capitalization has slipped to $1.3 trillion, but its dominance over the altcoins remains strong at just over 51%.

Alts in Red

Most of the altcoins followed BTC south with notable price declines yesterday evening. Although they have been able to recover some ground, they still stand in the red now.

Solana has declined by 3% to $143 as of now, DOGE and SHIB have plummeted by almost 5%, while AVAX, DOT, and ADA have seen declines of around 2-4%.

TON is among the few exceptions, as a 3% jump has driven it to just over $8.

UNI is also 3.5% up on the day and sits at $11.
More losses come from NEAR, FIL, FET, and AR. The total crypto market cap has declined by about $50 billion.

#Write2Earrn

$BTC
BTC Trade has Done in Very Good Profit of 1908% With A Profit of $3,506 in Just 2 Days.

It's Only Possible with Patience And Knowledge. Just keep Learning and Gain Knowledge and stay in the market with Possitive mind set.

#BTCFOMCWatch #BinanceTournament #Write2Earrn #AirdropGuide #BTC☀

Hi Guys,

It's Big & Big #Prediction About $SOL Explosion to $280 !!!

Solana (SOL) Chart Pattern Suggests Potential Massive Price Explosion to $280

Market analyst Ali Martinez projects a 53% price rebound for Solana (SOL), potentially driving the asset to $280 amid a symmetrical triangle formation.

The ongoing market downturn has sunk Solana by over 13% in the past week. However, the asset has now shown signs of a major price movement.

Analyst Martinez recently called attention to Solana’s potential bullish breakout in a recent update on X. According to the analyst, SOL is gearing for a 53% uptick in its market price.

In the analysis, Martinez identified critical support and resistance levels at $143 and $178, respectively. Martinez stated these thresholds are essential for predicting whether Solana will undergo a robust price ascent or face a downturn.

#SolanaUSTD is set for a major 53% price move! Keep an eye on the $143 support and $178 resistance levels to gauge the direction of the $SOL trend.

Solana Forms Symmetrical Triangle

Notably, the chart accompanying Martinez’s analysis indicated that Solana’s candlestick patterns over the last two months have formed a symmetrical triangle, typically recognized as a bullish breakout signal.

In mid-March 2024, Solana’s price entered this symmetrical triangle formation amid a surge from around $101 to nearly $210.

After multiple rejections at the $210 level, the price retraced and found support around $141, coinciding with the 0.382 Fibonacci level.

Subsequently, Solana’s price surged again, meeting resistance around the 0.786 Fibonacci level at $185. Upon reaching this level in early June 2024, Solana dipped back to $157.

Currently, Solana’s price hovers near $150.95, marginally above the 0.5 Fibonacci level at $143. This area is critical as it aligns with the lower boundary of the symmetrical triangle, posing a potential make-or-break scenario for Solana.

#BinanceTournament #BTCFOMCWatch #TopCoinsJune2024

Is PEPE Coin the Flagbearer for Emerging Frog Coins? Analyst lists altcoins that will explode

$PEPE

Analyst Mathhew Perry recently talked about lesser-known “frog coins” outside the top cryptocurrencies. He explained the growing interest in meme coins, including dog-like and cat coins, and noted the emergence of frog coins as a new sector.

Talking about the potential of early-stage projects, he aimed to explore opportunities beyond the top 100 or 200 coins, suggesting they could yield good returns. Here are the list of
potential altcoins that could explode:

Frog Coin 1: Croak 

He brought to attention a specific project called Croak, which currently trades at about 0.14 cents per token. Despite a recent small drop, it has shown growth from its lows in the last day.

Croak has a market cap of $2.85 million with 2 billion coins in circulation and around $500,000 in liquidity, making it relatively secure for its size.

The analyst spoke about the potential for projects like Croak to grow significantly with increased trading volume, possibly reaching market caps of 3 million, 4 million, or even 10 million dollars.

Pepe

Lastly, the analyst touched upon Pepe, a well-known meme coin, currently having a market cap of $5.7 billion.

He confidently predicted major future growth potential for Pepe, anticipating it could reach as high as a $42 billion market cap or even higher during the upcoming altcoin season.

#TopCoinsJune2024 #Write2Earrn #PEPE_EXPERT #MemeWatch2024 #PEPEATH

Hi Guys,

It's Big & Big #Prediction About $SHIB Price Pattern !!!

SHIB Price Prediction: Trader Reveals Timeline for Shiba Inu Coin Bull Run

Shiba Inu (SHIB), often called the “Dogecoin Killer,” has undergone a surprising transformation.

This meme-inspired cryptocurrency has clawed its way up from an internet joke to a potential powerhouse in the digital asset market. But is it ready to truly take off?

Amid recent market fluctuations, renowned crypto trader Coach K Crypto has shared a timeline predicting when Shiba Inu might enter a full bull market, using historical data to back up his forecasts.

Dive deeper to find out what Coach K Crypto predicts and what the future might hold for SHIB.

Shiba Inu’s Market Performance

In the face of a recent market dip, Shiba Inu’s price briefly drops to $0.00002080 before recovering slightly to $0.00002167 within the last 24 hours. 

This dip comes on the heels of a significant surge earlier this year, during which SHIB skyrocketed by over 372% from February 25th to March 6th, achieving a new yearly high above $0.000047.

However, the following correction saw SHIB losing much of these gains, though it has managed to stay above its pre-rally levels.

Shiba Inu ($SHIB ) launched July 31st in 2020.@Shibtoken went up then simmered down for a few months before ripping from September to April or so.

We're at the exact timing, summer before the real BULL!
Touch Grass, spend time with loved ones.

Bull Run Expectations

Coach K Crypto believes SHIB might follow a similar pattern in the current bull market, expecting a “real bull” season after summer. While specific price targets aren’t set, analysts predict a range of outcomes for SHIB’s future.

For July, estimates range from a minimum of $0.0000128 to a maximum of $0.0000581, with a potential ROI of 152.6%. Looking ahead to October, experts anticipate SHIB’s price could peak at $0.0000721, with a potential ROI of 213.5%.

#BTCFOMCWatch #TopCoinsJune2024 #Write2Earrn #shiba⚡

Hi Guys,

It's Big & Big #Update About #ElSalvadorBitcoin Holdings !!!

El Salvador Now Holds 5,779 Bitcoins With Over 473 Coins Mined Since 2021

The Republic of El Salvador has grown into a major financial hub in Central America, fueled by its Bitcoin (BTC) adoption plan.

After steering the country out of a security crisis in the first term, El Salvador’s President Nayib Bukele was overwhelmingly supported in the recently concluded election. 

El Salvador Bitcoin Holdings Grows Exponentially 
Since El Salvador adopted Bitcoin (BTC) alongside the United States dollar in 2021, the country has accumulated more than 5,779 BTCs, worth about $390.5 million.

The country has accumulated more Bitcoins through different sources, including its citizenship program, mining operations, and daily acquisitions.

Earlier this year, El Salvador introduced its Freedom Visa program, which will welcome 5,000 highly skilled individuals with free passports. Notably, the country’s visa program has accepted Bitcoin and USDT payments.

As for the mining operations, El Salvador has obtained more than 473 BTCs, worth over $31 million, since 2021. The country has been using its volcanic geothermal power to mine Bitcoins, thus providing a clean energy solution.

Earlier this year, President Bukele announced that the country would be purchasing 1 Bitcoin per day. 

Meanwhile, the country has significantly improved its infrastructure, including school renovations, roads, and security, to attract more investors. Moreover, it has a Bitcoin Bond that significantly helps run its operations. 

$BTC
#BTCFOMCWatch #Write2Earrn #TopCoinsJune2024

$BTC

#BTCFOMCWatch #CPIAlert #TopCoinsJune2024 #Write2Earrn #BTC

Hi Guys,

It's Big & Big #alert About $BTC to $300,000 Soon !!!

Bitcoin Price’s Path To $300,000 Cleared By Massive Bullish Pattern, Says Analyst

According to an analysis shared by renowned crypto analyst Gert van Lagen, the Bitcoin price chart has illustrated a significant technical pattern in the 3-day chart (BTC/USD) that could potentially signal an upsurge to as high as $300,000.

Known as the “Cup with Handle,” this pattern is celebrated among traders for its predictive reliability and bullish implications.

Unpacking The Massive Bitcoin Cup And Handle Pattern
The Cup with Handle is a bullish continuation pattern that resembles a teacup on a chart.

This pattern is formed when the price initially drops and then rises to form a rounded bottom—the “cup”—followed by a smaller downward move—the “handle”—before resuming its upward trajectory.

BTC price has formed a cup and handle pattern, 3-day chart

The Handle: Following the cup, a slight downward drift forms the handle, which is smaller in depth and duration compared to the cup.

It usually represents a final consolidation or a shakeout of less bullish investors before a significant breakout. Bitcoin’s handle formed over the last several months, showing a tighter price range and lower volatility.

Upon the completion of the handle, the prevailing bullish sentiment and buying pressure often drive the price above the previous resistance level—formed by the rim of the cup.

This breakout is critical as it confirms the pattern and sets the stage for future price gains.

The target price following a Cup with Handle breakout can be projected by measuring the depth of the cup and extrapolating this distance upwards from the point of breakout.

For Bitcoin, the lowest point of the cup at roughly $15,500 relative to the initial high at $69,000 provides a vertical measure.

#BTCFOMCWatch #CPIAlert #TopCoinsJune2024 #Write2Earrn

$SHIB
Massive Burn Surge, 232 Million Tokens Up in Smoke

SHIB Token Burn Explodes Around 3010% in Just 24 Hours

The popular meme coin Shiba Inu (SHIB) has significantly increased its token burn rate. According to Shibburn (a platform that tracks SHIB token burning), the burn rate surged by approximately 3010% on 12th June with more than 232 million Shiba Inu (SHIB) tokens burned.

This increase in the burn rate comes at a time when the price of SHIB has been consistently falling. The rise in the burn rate can potentially increase the value of Shiba Inu tokens by reducing their supply.

Reports indicate that the Shiba Inu community collectively burned around 232.64 million tokens through multiple transactions in just one day.

Notably, a single transaction from wallet 0xd9a… burned 225.63 million SHIB tokens. Other significant burns came from wallets 0xa9d… and 0xc58… which burned 3.18 million and 1.69 million tokens, respectively.

What's impressive is that other community members also contributed by burning smaller amounts of tokens, adding to the overall increase in the burn rate.

Currently, the total number of burned Shiba Inu tokens has reached 410.72 Trillion.

Given the community's ongoing efforts, it's likely that the burn rate will continue to rise which could eventually boost the price of Shiba Inu.

In the past 24 hours, the trading volume of SHIB has increased by 30.12%, reaching $816.98 Million. However, the current price of SHIB remains around $0.00002196.
Future Prospects for Shiba Inu

Shiba Inu is currently trading below $0.000025, which is a critical resistance level. If Shiba Inu surpasses this level, its price could reach $0.00003 in the coming days.

Furthermore, if the momentum continues, the Memecoin could see its price move up to $0.00005.

Achieving this upward movement would enhance its chances of reaching its target price of $0.0001 by 2025.

#BTCFOMCWatch #TopCoinsJune2024 #CPIAlert #Write2Earrn #MemeWatch2024

Hi Guys,

It's Big & Big #predictions of $BTC to All Time High !!!

Bitcoin Price Prediction: Major Analysts Say BTC Is Headed For 6-Digit ATH

Major crypto analysts have weighed in on the Bitcoin future trajectory, especially as the flagship crypto has maintained a tepid price action and has continued to consolidate since the halving took place.

These analysts predict that Bitcoin will soon rise and climb to a six-digit all-time high (ATH). 

Bitcoin To Rise To $100,000

Crypto analyst CrediBULL Crypto predicted in an X (formerly Twitter) post that Bitcoin would rise to $100,000 on its next leg up.

He claimed that this upward trend would begin in the next seven to ten days, stating that BTC will “absolutely giga send” when that time comes. The analyst made these remarks while suggesting that the worst was over for Bitcoin. 

He alluded to the “brutal” price correction that Bitcoin underwent shortly before and after the halving, with the flagship crypto experiencing a 20% price drop.

He believes that BTC is unlikely to decline that much again from its current price level. 

Instead, CrediBULL Crypto claimed that the downside is now limited to $60,000 and that, realistically, Bitcoin can’t drop below $62,000 and $63,000.

Whatever happens, he expects the Bitcoin pump to begin in the next ten days, which would send it to $100,000.  

CrediBULL Crypto stated that things were looking good for Bitcoin. He suggested that the bears would get shaken out of their positions once Bitcoin clears the asks that are above its current price level.

He also noted that Bitcoin’s open interest is dropping a bit because the short positions are already starting to cover, and the spot premium is returning for the first time since May.

CrediBULL had earlier predicted that Bitcoin would experience a price decline to $66,000. He had made this prediction as part of a bigger picture, which would send BTC’s price rallying above $71,000 following the price correction.

#BTCFOMCWatch #TopCoinsJune2024
#Write2Earrn #CPIAlert

Hi Guys,

It's Big & Big #alert About $ETH Bulls Reversal !!!

Ethereum (ETH) Bulls Revvs Fueled by Increased Whales’ On-chain Activity

The inevitable listing of spot Ethereum (ETH) ETFs in the United States has attracted significant attention from institutional investors amid the general crypto bullish sentiments.

Ethereum (ETH), the largest smart contracts and web3 ecosystem that has attracted over $62 billion in total value locked (TVL), has signaled a bullish outlook on the horizon.

The large-cap altcoin, with a fully diluted valuation of about $435 billion and a daily average traded volume of around $17.4 billion, has been at the epicenter of crypto speculation since the recent approval of spot Ether ETFs in the United States.

Moreover, Bitcoin price surged to its recent all-time high (ATH) immediately after the approval and listing of spot BTC ETFs in the United States.

Ethereum Whales on the Hunt

With other global jurisdictions following the footsteps of the United States in approving spot Ether ETFs, the underlying bullish sentiment has dramatically increased.

According to on-chain data provided by market intelligence platform Santiment, Ethereum addresses with a balance of between 10k and 100k added more than 240k Ether, worth over $840 million, in the past 48 hours.

Whales have bought over 240,000 $ETH  during the recent #Ethereum price dip, totaling around $840 million! pic.twitter.com/j5jnxJul4q

A similar trend has been observed by CryptoQuant, whereby more than 336k Ether has been withdrawn from Coinbase Global Inc.

(NASDAQ: COIN) in the past 24 hours. CryptoQuant noted that the recent Coinbase Ether withdrawal of more than $400 million is the fifth withdrawal exceeding 150k since the beginning of this year.

“These large transactions (made in a single day) range between $400 million and $1.1 billion each, it’s overly optimistic to think that individual investors are behind them.

#BTCFOMCWatch #TopCoinsJune2024 #ETHETFsApproved #Write2Earrn