📊 #RSI (relative strength index) in monthly candlestick chart of $BTC

- In the 3 previous Bullruns, after the halving of #BTC☀ (yellow line) it has strongly broken the level of 70 and has exceeded the level of 90, in this cycle for now it has only reached 76.

🚀 Another reason why I believe that the explosive phase of #bullrun is yet to come.

📰 Theter, the company behind the USDT stablecoin, has launched Alloy, a new stablecoin linked to the value of the dollar but guaranteed by physical gold

- What sets a #USDT apart is that it is overcollateralized by Tether Gold (XAUT), meaning it is backed by real physical gold stored in Switzerland.

- This new stablecoin aims to provide a secure and stable digital asset pegged to the value of the US dollar, while being backed by a tangible asset, gold, providing an additional layer of security.

📊 Small correction right now at $BTC and most Altcoins like $PEPE $ADA #Ethereum

💰$BTC

Over the past 24 hours, the price of the first cryptocurrency showed extremely positive dynamics. Let's take a closer look at this situation.

The growth from my first forecast is already more than +5% at the peak ✅ It continues to develop and will most likely lead to a buildup of momentum.

The main resistance level at ~$69,300 📈 was broken. Now the price should go above the marks ~$71,400 and ~$72,450.

In the future, I expect the uptrend on Bitcoin to develop
#BTC☀

FLATEXDEGIRO $FTK

Flatex has published its monthly statistics for the month of May 2024.

They continue to be positive months for the company:
👉Acquisition of 28 thousand clients in the month. Less than in April, which was 30 thousand (-5%), but better than the same month of the previous year, which was 25 thousand (+13%).
👉Higher volume of daily operations than the previous month (+1%) and the previous year (+17%). Little by little they are improving the volume of operations per client (cyclical part of the business).
👉The AUC (assets in custody), the clients' cash and what is better, the margin Loans increase. The increase in the month of €100M (from €1,000M to €1,100M) implies (rounding up) an additional €7M of financial income per year (compared to April).

Therefore:
➡️Improve the structural part (platform growth)
➡️Conjunctural improvement for 2 legs --> 1) Improvement in the volume of operations and 2) improvement in interest income

🟰The results of the second quarter aim to be record (and with a better comparison due to how bad they were the previous quarter).

The very solid evolution of the business continues.

💰 $BTC update

Over the past 24 hours, the price of the first cryptocurrency showed positive dynamics 🟢

The pattern "triangle with a flat bottom", which expressed the "squeeze" to the level of ~$67,200, is gradually breaking. Going under it failed on the sixth wave inside the pattern. There were a lot of pointers to this, which I've spelled out in my last posts.

For the final break of the bearish formation, a breakdown of the resistance of ~$69,300 📈 is required. A consolidation above it would indicate a price move to the upside.

Going forward, I am also #bullish towards the market 🐂

👋🏻Welcome to Vertus App - the next generation decentralized application on Telegram. Create account and start mine free #VERT

📲What is VERT?

Vertus is a revolutionary web3 dApp built on the TON blockchain, accessible directly through Telegram. This integration ensures a user-friendly experience, allowing for a smooth entry into the world of cryptocurrency. With Vertus, every Telegram user gets to enjoy a fully on-chain experience seamlessly

🪐What is VERT

At the core of this innovative platform is VERT, a new cryptocurrency designed for easy mining and wide accessibility. It's created to simplify your entry into the cryptocurrency market, offering a straightforward path to engaging with digital currency through Telegram

https://t.me/vertus_app_bot/app?startapp=767509740

ℹ️ According to a survey conducted by Grayscale in the United States:

- 19% say they own cryptocurrencies and among young people (generation Z) it rises to 31%
- 73% of respondents believe presidential candidates should have an informed perspective on technologies such as cryptocurrencies and artificial intelligence (#IA ).

🧠 Remember that at the beginning of November there are elections in #EEUU , so now Biden and Trump have gone from criticizing cryptocurrencies to being in favor (they are votes that interest them) and in my opinion very positive, I think we will have a good #bullrun and altseason for the end of this summer 🤞🏼

💎 #TON may form a bullish formation

I am writing this post in addition to my previous forecast on Toncoin. The situation has started to unfold in the direction I expected 🔼

We can see that the bearish double top pattern has stopped at the mirror level at ~$5.97. The pattern development is gradually coming to naught, as I warned you about 💁‍♂

Now this situation on the daily timeframe is re-forming a cup-and-handle pattern, which expresses a 🐂 "squeeze". The bulls are left to complete the second segment of the pattern to complete the formation.

It is most likely that Toncoin is gradually moving towards ~$7.10 resistance and its breakdown 🔼

📊 The#TURBOmemecoin created by I.A has exploded, it has been +660% in 1 month, I commented on it in some I.A videos a long time ago, I just sold 50% of my investment, always important, remember to take profits with the increases and move them to other altcoins that you still see a good price

$ETH 🥂 All spot ETFs of #ETHETFsApproved approved, Historical!

📊 In the image, indicated on January 10, when Bitcoin was approved

🧠 Let's look at the medium/long term, don't forget, the potential between now and the end of the year is enormous and full of opportunities to take advantage of 🚀 thank you for experiencing it together!

red envelope hehe
BP7WE 56QDK

$BTC update

The price of the first cryptocurrency showed neutral dynamics. In fact, the market was locally sideways.

On the daily timeframe of the chart we see an upward exit from the pattern "price channel", which was descending. The pattern is transforming into a "bull flag" 🐂, which indicates the potential for growth.

Now there is a "retest" of the upper boundary of this "flag". While the price has not yet bounced upward from it, but also little time has passed 💁‍♂

It is most likely that the price will bounce upwards after the "retest" and the strong bullish pattern will continue to work out 📈

A crypto unicorn is making its way into the most TradFi ever.

Coinbase (NASDAQ: COIN) is launching retail futures contracts for oil and gold starting June 3.

Why do they do it? This is a clear diversification in every way. Their income is too tied to the performance of the crypto world that we already know how it moves.

If you're wondering why Ethereum ($ETH ) is going up so much, let us explain it to you in simple terms. There is a possibility that an ETF (Exchange Traded Fund) for ETH will be approved. An ETF for ETH means that large institutions would buy ETH and then sell it to their clients. This influx of money into the market is the reason why the price is rising.
To make the most of your profits, consider using Kryptos, a free crypto tax software. Kryptos helps you track your crypto transactions, calculate your tax obligations, and comply with tax regulations, ensuring you don't have to worry about the complexities of crypto taxes.
This explanation is not for scientists, only for ordinary people like us! 😆 #ETHETFs

✅ #BNB🔥🔥🔥🔥 #BNB⁩ started to work upwards

The "equilateral triangle" pattern has started to work out upwards. Price has broken the upper boundary of the formation and the ~$610 resistance level.

The uptrend is most likely to gradually develop based on this pattern. The price is confidently going up with the market 📈

Last week began with some uncertainty in the crypto market, but optimism soon took over the scene, resulting in a notable increase in the total market cap. The market rose approximately 6% over the past week, reflecting strong investor interest and confidence.

In the week that has just begun, the bullish momentum has continued impressively, with the total market cap of the crypto market already increasing by more than 10% so far this week, and $BTC once again surpassing the $70,000 mark.

However, despite the rise in price to #Bitcoin , its market dominance has fallen significantly. This indicates that other cryptocurrencies are growing at an even greater rate. In particular, #Ethereum✅ has seen a spectacular rise of over 20% in just a few hours, fueled by rumors regarding the possible approval of #ETH🔥🔥🔥🔥 's #ETFs by the SEC.

⚡️ QCP Capital: $ETH could soar to $5,000 by the end of this year if the SEC approves spot Ethereum ETFs.

Previously: 75% chance

💰 The peak of #Bitcoin $BTC in this cycle can be expected by April 2025 - according to CryptoQuant analyst

The market capitalization of $BTC is growing faster than its realized capitalization and this trend usually lasts about 2 years

#Ethereum $ETH rising very strongly right now, hourly candle.

ℹ️ The final decision date on your spot ETF is this Thursday the 23rd. Will anything be discounted?

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