Total MarketCap moved a anticipated, Index dipped down into the support zone and rejected it strongly, also, Made a quick flip above the structural resistance zone now. Currently, a retest happening and need to see it hodling above the zone then a min-term rally in the market. In case of Daily again closing below then a short correction will hit the market again. #Write2Earn
Perfect bounce after deviation. Now it has retraced a bit front running those 44k-45k. Imo this was the w1 of w5, so it could easily reach 50k in the next few days.
Fed Interest Rate Decision today. Probably no changes and pivot in March. #Write2Earn #btcbullrun
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📊BlackRock does not stop and continues to buy Bitcoin; the fund already has about 56,629 BTC on its balance sheet, equivalent to $2.4 billion. It is worth noting that it took BlackRock 13 trading days for the spot BTC-ETE holdings to exceed the volume of all Canadian BTC-ETEs combined #Write2Earn
Hi all. I'll start with the graphic situation. Bitcoin has once again become a market leader in terms of “consumption” of liquidity, and this can be clearly seen by looking at its once again growing dominance. Ether is weakly bought back, or on BTC we see the real influence of already launched ETFs.
$42,200 is the level for which there is now a struggle. If we fix it below, it’s a signal of buyer weakness and moving further down, so these marks play a very important role for the future situation on the market.
Why am I talking about the BTC ETF race again?
Harvest Hong Kong, one of China's largest funds, has filed for a spot BTC-ETF in Hong Kong.
Therefore, of course, the crypto market should perceive such news positively. To begin with, speculators should front this event, and at the end, get another influx of additional liquidity.
Today's result: I don't dare make any forecasts for this week yet. I am waiting for the end of the struggle of market participants for the level of $42,200 on BTC (marked on the chart), and, as a result, I will make subsequent decisions on the market based on this result.
The analysis is playing out so far. BTC should reach 44k-45k first. That would trigger massive FOMO again and liquidate all the early shorts. But at the same time, that would complete the w5 of C, meaning the bear market rally is over.
On the other hand, altcoins are bouncing nicely and I expect them to keep pumping as long as BTC stays within the 40k-50k range (local top formation/distribution)
BTC experienced a pump following the breakout and subsequent retest of the symmetrical triangle. Currently, it is trading above the upper designated horizontal support, and there is an anticipation of a sustained upward movement as long as it remains above the specified horizontal support levels.
1st ... let me talk to binance what are the next steps , they are taking??
2nd... when you guys asked about solution ,,, I said bybit is a good exchange then some people start to say... bybit se collaborate kr lia... I do opposite. First I show the results then I speak something
I made account on bybit overnight and asked you to use this exchange. Once bybit saw the results they contacted me and ask for contract WHICH I REFUSED ... I just demanded give some incentives/airdrop for my community and thats it ...
Now they issued the airdrop for our community which will expire within few days and I didn't introduce it to you because you guys think ,,, this is a PAID COLLABORATION... I don't need it
Vanguard's decision not to offer spot Bitcoin ETFs led some customers to switch to platforms that do. Other firms, like Citi, Merrill Lynch, Edward Jones, and UBS, also restricted spot Bitcoin ETF purchases.
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