9 Altcoins STILL down 85% (or more) from ATH

1) Cardano $ADA - 🔻85%
2) XRP $XRP - 🔻85%
3 Polkadot $DOT - 🔻88%
4) Vechain $VET - 🔻88%
5) Mina Protocol $MINA - 🔻91%.
6) The Graph $GRT - 🔻92%
7) GALA $GALA - 🔻95%
8) Internet Computer $ICP - 🔻98%
9) Biconomy $BICO - 🔻98%

#Binance #Bitcoin #Ethereum #SEC

The SEC Just Approved Ethereum ETFs!

DYOR
#Ethereum #Bitcoin #SEC #ETF's
$ETH $BTC $FET

A bipartisan group of House lawmakers (incl Majority Whip Tom Emmer and NJ Democrat Josh Gottheimer) have sent Gary Gensler a letter urging the SEC to approve spot Ether ETFs (and 'other' digital assets) bc it offers investors crypto access in regulated transparent safe format.

Source: Eric Balchunas

DYOR

#eth #Ethereum #ETFs #Bitcoin
$ETH $BTC $RNDR

Bitcoin is about to finish its reaccumulation phase, don't wait for the "bottom" we can't predict it, we might have the last chance to accumulate, especially on the Alts which are 80-90% down from their ATH.

This is not financial advice, you must do your DYOR

#Binance #Bitcoin #BTC

$BTC $RNDR $HBAR

The more Bitcoin consolidates anywhere between current price levels & $70,000 after the Halving...

The more this cycle will decelerate and resynchronise with its regular historically-recurring Halving Cycle with a Bull Market peak in mid-September/October 2025

Current rate of cycle acceleration has been reduced from 260 days to ~210 days, thanks to Bitcoin's current two-month consolidation period

#Binance #Bitcoin #BTC #Ethereum
$BTC $ETH $SOL

The Bitcoin Post-Halving "Danger Zone" (purple) is on the cusp of ending

#Binance #Ethereum #Binance #BTC

$BTC $ETH $SOL

The deeper the retrace, the higher the probability the bottom is just around the corner

The longer the retrace, the higher the probability the bottom is just around the corner

It just so happens this is already the deepest and also one of the longest retraces in the cycle

The probability that the bottom is just around the corner is high

#Binance #Bitcoin #BTC #Ethereum

This retrace is now the deepest and one of the longest in the cycle

Two key questions to bear in mind then:

• How much deeper can Bitcoin go before bottoming?

• How much longer can this retrace go on for?

The answer is not much deeper and for not much longer before Bitcoin finally bottoms

#Bitcoin #BitcoinHalving #Binance #Ethereum

$BTC $ADA $RNDR

Yesterday we had the largest outflow of#Bitcoinein the ETFs since January 11 -9,752 BTC

They sold all the funds. It's curious that this is not affecting whale holdings according to official Glassnode data🤔

#Binance #Ethereum #Bitcoin

$BTC $ETH $SOL

#BTC

This current Bitcoin retrace is slowly turning into an almost 50-day retrace

Even then, this retrace has become a typical pullback compared to previous pullbacks throughout this cycle, both in terms of duration and depth (though the deepest in the cycle thus far)

Typical retraces have been 2-3 weeks, longer ones up to 2 months

#BTC #Bitcoin #Binance

$BTC $ETH $SOL

#BTC

Bitcoin has officially lost the area that acted as support since early March

This is now a -23.5% retrace

#btc #binance #BitcoinHalvingEffect #Bitcoin

$BTC $ETH $SOL

Binance founder Changpeng Zhao sentenced to four months in prison.

CZ has been telling us this whole time. #crypto

#Binance #BTC #Bitcoin #CZBinance
$BTC $BNB $SOL

#BTC   

Don't let this retrace distract you from where we are in the Bitcoin cycle

#BTC #Binance #Bitcoin

$BTC $ETH $BNB

#BTC   

It's been 11 days since Bitcoin officially entered the Post-Halving "Danger Zone" (purple) where additional downside volatility occurs within the Post-Halving Re-Accumulation Range

Currently, #BTC is 11 days after the Halving and has retraced right back into the ~$60000 Re-Accumulation Range Low

In 2016, Bitcoin also dropped into the Range Low of its respective Re-Accumulation Range and performed an -11% wick of additional downside below the Range Low

In 2024, Bitcoin is right at the Range Low support as we speak

#BitcoinHalving #Bitcoin #Binance #BTC

$BTC $ETH $BNB

#BTC   

Instead of thinking of the -18% March pullback and the -18% April pullback as two separate retraces...

What if we assume they are part of one full retracement period?

In that case, this correction is -19% deep and 49 days long

Based on retraces in this cycle, the deepest one was -23% deep and the longest one was 63 days long

If this current retrace is going to equal the longest retrace in this cycle at 63 days...

Then the bottom should be found over the course of the next two weeks or so

#BitcoinHalving #BTC #Binance #Bitcoin

$BTC $ETH $SOL

#BTC has finally reached the pool of liquidity (green) that has prompted rebounds over the past several weeks.

#Binance #BTC #Bitcoin #Ethereum

$BTC $SOL $ETH

This is how the rate expectation has changed since the beginning of the year. It must be recognized that the market got a little out of control when it was trading between 6 and 7 cuts of 0.25% just a few months ago. Now a maximum of 1 cut is expected by the end of the year.

#Binance #BTC #Bitcoin #Ethereum #SEC

$BTC $ETH $SOL

The FED itself is the first to need a rate cut because interest payments on debt 🇺🇸 are skyrocketing

They are expected to reach 1.7 Trillion (European) dollars next year ONLY IN INTEREST PAYMENTS Nothing like this has ever been seen #HODL #Bitcoin #Binance

$BTC $ETH $SOL

When the gold ETF was approved in 2004, inflows of institutional money generated an 8-year bull market.

However, it took more than 800 days for the gold ETF to reach what BlackRock's ETF #Bitcoin (in assets under management) achieved in just over 70 days.

What does this mean? Demand for bitcoin is much higher (than gold in 2004) and supply is much tighter.

This is just the beginning... Barring any surprises, we should have some great years ahead of us with plenty of fiddling along the way.

#Binance #Ethereum #Bitcoin #SEC

$BTC $ETH $BNB

🔴🇺🇸 The US economy slows down more than expected

The US economy grew just 1.6% in the first quarter of 2024, below analysts' estimate of 2.4% and below the 3.4% growth seen in the fourth quarter

The specter of recession is approaching.

#Binance #Bitcoin #CBDC #Ethereum #BNB

$BTC $SOL $ETH