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🚨Market Update - 👀 Not a great monthly close of Bitcon and the aggressive sell off has continued this morning. Looking here at the daily chart, the most important level we want to see reclaimed before todays close is $59.1k. This was the March Low and April Low too. We can see how important this level is to maintain the 2 month range. Close below this level today and we could see $59.1k become resistance and then a move lower. #HotTrends #BTC #Write2Earn #TradeNTell #TrendingTopic $BTC

🚨Market Update - 👀

Not a great monthly close of Bitcon and the aggressive sell off has continued this morning. Looking here at the daily chart, the most important level we want to see reclaimed before todays close is $59.1k. This was the March Low and April Low too. We can see how important this level is to maintain the 2 month range. Close below this level today and we could see $59.1k become resistance and then a move lower.

#HotTrends #BTC

#Write2Earn #TradeNTell #TrendingTopic

$BTC

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🚨 Market Update - 👀 Bitcoin is looking weak so far this morning, and has now accepted back under the orange trendline after holding as support yesterday. $61.5k area (Weekly Open) is a level we want to see hold on 4 hour closes. This is also the weekend resistance level which we are looking to see continue to hold as new support. Be careful of volatility today, on both sides, as we have PPI and Jerome Powell (Fed Chair) speaking. Our Monday range this week is: $60,750 - $63,440. #HotTrends #BTC #Write2Earn #TradeNTell #TrendingTopic $BTC
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🔥 Comparison between Bitcoin ETFs and direct Bitcoin Purchases 👀 🟠 Bitcoin ETFs: The Easy Route 👀 Convenience: 👀 Imagine buying Bitcoin like a stock. That's basically a Bitcoin ETF. You can trade them on your regular brokerage account, just like any other investment. No need to mess with cryptocurrency exchanges or wallets. Security: 👀 ETFs are regulated products. You don't have to worry about losing your Bitcoins due to exchange hacks or messing up your digital wallet. Potentially Lower Risk: 👀 Bitcoin is famously volatile. Some ETFs don't hold actual Bitcoin, but rather Bitcoin futures contracts. This can offer a bit more stability, but it's not a guaranteed safeguard. Downsides to ETFs:👀 Fees: 👀 There are usually management fees associated with ETFs, which eat into your returns compared to directly buying Bitcoin. Not Owning the Actual Bitcoin: 👀 With an ETF, you don't technically own any Bitcoin. You own shares of a fund that tracks Bitcoin's price. This might not matter to everyone, but for some, owning the actual cryptocurrency is part of the appeal. Limited Control: 👀 You can't transfer ETF holdings into your own digital wallet. If you ever wanted to take control of your Bitcoin, an ETF wouldn't allow that. 🟠 Direct Bitcoin Purchases: Taking the Wheel 👀 Full Ownership: 👀 You buy the Bitcoin, you own the Bitcoin. You have complete control over it and can store it in your own digital wallet. Lower Fees: 👀 Typically, you'll only pay transaction fees when buying and selling Bitcoin directly, which can be cheaper than ETF fees. Potential for Higher Returns: 👀 If Bitcoin skyrockets, you directly benefit from the full price increase, unlike with an ETF that might have fees eating into your gains. The Flip Side of Direct Ownership: 👀 Security Risk: 👀 If you lose your private keys to your Bitcoin wallet, your Bitcoin is gone forever. There's no customer service to call and get it back. Safe storage is crucial. #ETFvsBTC #BTC $BTC
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PEPE Analysis- 👀 PEPE is forming a similar breakout structure to the one previously observed before a massive pump🧐 Significant upside movement is imminent 🚀 #PEPE #TradeNTell $PEPE
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AEVO Analysis- 👀 AEVO is exhibiting a falling wedge formation on the 8-hour timeframe🧐 In case of a successful breakout from this pattern, a bullish wave of approximately 40% is expected #altcoins #buythedip #AEVO $AEVO
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🚨Market Update - 👀 Yesterday Bitcoin had one 4hr candle close above the $61.1k resistance that we were watching. This was temporarily held as support but has since accepted back below. This is because we have very very low volumes this weekend. With such low volumes it makes continuation very difficult. Today we look for the breakout again, and if the volume picks up into the weekly close then we could see $61.6/8k minimum. For support, we are looking to see $60.6k (Monthly Open) maintained, but I am still looking at areas under $60k now. The winning trade right now is to wait for a clearer picture and increased volumes! #HotTrends #BTC #Write2Earn #TradeNTell #TrendingTopic $BTC
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