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Legendary Analyst il Capo Shares Weekend Expectations for Bitcoin and Altcoins:
Legendary Analyst il Capo Shares Weekend Expectations for Bitcoin and Altcoins
Cryptocurrency analyst il Capo has discussed the state of Bitcoin and the general crypto market in his new analysis.
Il Capo, who is generally known as a bearish analyst, has recently left this attitude behind and said that he believes BTC will experience a significant rise. The analyst has similar thoughts for altcoins.
In his latest post, il Capo discussed the current state of the market. According to the analyst, the fact that the Bitcoin price managed to reclaim $ 60,000 seems to be in favor of the bull. il Capo thinks that the current bullish confirmation is possible with the reclaiming of $ 69,000 and in addition to this, breaking above the descending channel on the chart. According to the analyst, if this happens, the structure formed by the low peaks will also be broken.
According to il Capo, as long as the BTC price continues to make higher lows from this level, altcoins could perform well.
il Capo defines the liquidity zone between $ 74,000 and $ 79,000. In his previous statements, he defined the liquidity zone between $ 58,000 and $ 60,000 and predicted that a rise could begin after a drop here. However, during the drop, the BTC price fell to $ 49,000.
*This is not investment advice.
$BTC
Legendary Analyst il Capo Shares Weekend Expectations for Bitcoin and Altcoins
Cryptocurrency analyst il Capo has discussed the state of Bitcoin and the general crypto market in his new analysis.
Il Capo, who is generally known as a bearish analyst, has recently left this attitude behind and said that he believes BTC will experience a significant rise. The analyst has similar thoughts for altcoins.
In his latest post, il Capo discussed the current state of the market. According to the analyst, the fact that the Bitcoin price managed to reclaim $ 60,000 seems to be in favor of the bull. il Capo thinks that the current bullish confirmation is possible with the reclaiming of $ 69,000 and in addition to this, breaking above the descending channel on the chart. According to the analyst, if this happens, the structure formed by the low peaks will also be broken.
According to il Capo, as long as the BTC price continues to make higher lows from this level, altcoins could perform well.
il Capo defines the liquidity zone between $ 74,000 and $ 79,000. In his previous statements, he defined the liquidity zone between $ 58,000 and $ 60,000 and predicted that a rise could begin after a drop here. However, during the drop, the BTC price fell to $ 49,000.
*This is not investment advice.
$BTC
A federal judge imposed a $125 million fine on Ripple after finding last year that its institutional sales of XRP violated federal securities laws.
The judge reiterated her view that Ripple's programmatic sales of XRP to retail clients through exchanges did not violate federal securities laws.
A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations on Wednesday
$XRP
The judge reiterated her view that Ripple's programmatic sales of XRP to retail clients through exchanges did not violate federal securities laws.
A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations on Wednesday
$XRP
Must consider it..
LIVEMan-chr
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Outside of $BTC what else should you buy ?
I am 100% against holding a thousand different altcoins, and there are a few reasons for that. The most important is that you can't effectively monitor all of them at the same time. Most of them end up being hit or miss, or worse, pump and dump schemes.
What I prefer to do is hold maybe 2 or 3 altcoins that my analysis suggests could increase in price by at least 30-50%.
For example, I mostly hold $ETH ,$HBAR , SOL, and of course, the king—BTC. With a small number of coins, I can manage them quite easily.
With yesterday’s post, I said that BTC would reach $69,000, and it happened perfectly, as it has many times before. If you want to see for yourself, just visit my older posts. So, when people try to tell you that technical analysis doesn’t work, it’s because they have no idea what it is and will never know how to use it.
#Megadrop #ETHETFsApproved #altcoins #btc70k
I am 100% against holding a thousand different altcoins, and there are a few reasons for that. The most important is that you can't effectively monitor all of them at the same time. Most of them end up being hit or miss, or worse, pump and dump schemes.
What I prefer to do is hold maybe 2 or 3 altcoins that my analysis suggests could increase in price by at least 30-50%.
For example, I mostly hold $ETH ,$HBAR , SOL, and of course, the king—BTC. With a small number of coins, I can manage them quite easily.
With yesterday’s post, I said that BTC would reach $69,000, and it happened perfectly, as it has many times before. If you want to see for yourself, just visit my older posts. So, when people try to tell you that technical analysis doesn’t work, it’s because they have no idea what it is and will never know how to use it.
#Megadrop #ETHETFsApproved #altcoins #btc70k
IQ.wiki
The IQ token is integral to IQ.wiki. IQ token holders who stake their tokens with the HiIQ staking system, vote on governance decisions involving both the platform and the IQ token itself.
In 2024, IQ.wiki plans on introducing HiIQ BrainPass NFTs for IQ stakers which will provide several benefits including the ability to edit on IQ.wiki. Subscribers of BrainPass will gain access to enhanced functionalities in various services such as IQ GPT, IQ.social, and the upcoming IQ Code.
So I think to bag full With IQ.
$IQ
The IQ token is integral to IQ.wiki. IQ token holders who stake their tokens with the HiIQ staking system, vote on governance decisions involving both the platform and the IQ token itself.
In 2024, IQ.wiki plans on introducing HiIQ BrainPass NFTs for IQ stakers which will provide several benefits including the ability to edit on IQ.wiki. Subscribers of BrainPass will gain access to enhanced functionalities in various services such as IQ GPT, IQ.social, and the upcoming IQ Code.
So I think to bag full With IQ.
$IQ
What is market correction? How we started to misused the word!
Price correction doesn’t mean that price will go down. But we see in crypto world people commonly mention correction when price going down. Which is a wrong practice!
We know there are multiple exchanges, brokers and financial institutions. Trade happens everywhere. Now one coin may get 5% up in one exchange and 5% down in another exchange for a short period of time.
It’s due to liquidity difference between two platform.
Lemme give more real life example. Imagine you want to buy chocolate. You went to a market where people selling purest dark chocolate for 1$ a gram. On another market people selling chocolate for 0.8$. Now a news reporter went to the first market and found chocolate is trading at 1$. So he wrote a Facebook post that today chocolate price went 1$ a gram which is ATH. Another reporter commented there that he saw it’s trading 0.8$ a gram. Now the first reporter will correct the price and tell chocolate price is 0.9$ (after averaging).
I know the example is not realistic, but as long as you understand the concept, it’s fine.
If you check when STRK, the potential scam coin, launched on Binance, it went to near 7.9$, at the same time it was trading on Dex for 2.4$ and within a second it went to 5$ and then 4$ and then 3$ and then 2.4$. Then kept going down.
Now when usually price correction happens? Ans. it keeps happening between platforms in every seconds, days and weeks. But we see much impact during week.
Let’s give another example, let’s say my company bought 500 BTC from a miner at a average price of 65k. The deal took 7 days to happen. When the deal got realised the market price is already 70k. Once we announced the deal, the correction start to happen and the price fall dramatically within a day.
So market correction is not necessary means a coin losing its value. But due to common aggressive behaviour of market, the price gets higher than the actual valuation, it’s hard to find a example, where the price increased after the correction.
#Salid
$BTC
Price correction doesn’t mean that price will go down. But we see in crypto world people commonly mention correction when price going down. Which is a wrong practice!
We know there are multiple exchanges, brokers and financial institutions. Trade happens everywhere. Now one coin may get 5% up in one exchange and 5% down in another exchange for a short period of time.
It’s due to liquidity difference between two platform.
Lemme give more real life example. Imagine you want to buy chocolate. You went to a market where people selling purest dark chocolate for 1$ a gram. On another market people selling chocolate for 0.8$. Now a news reporter went to the first market and found chocolate is trading at 1$. So he wrote a Facebook post that today chocolate price went 1$ a gram which is ATH. Another reporter commented there that he saw it’s trading 0.8$ a gram. Now the first reporter will correct the price and tell chocolate price is 0.9$ (after averaging).
I know the example is not realistic, but as long as you understand the concept, it’s fine.
If you check when STRK, the potential scam coin, launched on Binance, it went to near 7.9$, at the same time it was trading on Dex for 2.4$ and within a second it went to 5$ and then 4$ and then 3$ and then 2.4$. Then kept going down.
Now when usually price correction happens? Ans. it keeps happening between platforms in every seconds, days and weeks. But we see much impact during week.
Let’s give another example, let’s say my company bought 500 BTC from a miner at a average price of 65k. The deal took 7 days to happen. When the deal got realised the market price is already 70k. Once we announced the deal, the correction start to happen and the price fall dramatically within a day.
So market correction is not necessary means a coin losing its value. But due to common aggressive behaviour of market, the price gets higher than the actual valuation, it’s hard to find a example, where the price increased after the correction.
#Salid
$BTC
As we know the whole crypto market is crashed due to BTC dump.
But Solana is making resistenec against BTC dip.Why? This why cz Solana is attracting companies to make cooperation with it.And the interest is building .Companies are moving towards Solana thas the good sign.So the trend is Bullish soon you will ATH on Solana..Buy Some Solana at every dip.
DYOR
$SOL $BTC
But Solana is making resistenec against BTC dip.Why? This why cz Solana is attracting companies to make cooperation with it.And the interest is building .Companies are moving towards Solana thas the good sign.So the trend is Bullish soon you will ATH on Solana..Buy Some Solana at every dip.
DYOR
$SOL $BTC
Part 2
So, while the whales dumping their holdings could have an adverse effect on the price, the performance of BTC in response to this flash crash shows that there is enough demand to meet this supply. In the case of Tuesday, the price would recover quickly to reach a new all-time high of $73,600.
At this time of this writing, the BTC price is still maintaining its hold on $73,000 with a 7-day increase of 10.49%.Resistence is across 65K.
So be careful for your decisions.
$BTC
So, while the whales dumping their holdings could have an adverse effect on the price, the performance of BTC in response to this flash crash shows that there is enough demand to meet this supply. In the case of Tuesday, the price would recover quickly to reach a new all-time high of $73,600.
At this time of this writing, the BTC price is still maintaining its hold on $73,000 with a 7-day increase of 10.49%.Resistence is across 65K.
So be careful for your decisions.
$BTC
Paet A
As the Bitcoin price continues on an upward trajectory that has sent it toward new all-time highs, breaking above $73,000 this week. With this increase, the vast majority of BTC holders are currently seeing a profit, and large whales are taking advantage of this to cash out some profit.
Large Bitcoin Whales Sell-Off Coins
Crypto analyst Ali Martinez took to X (formerly Twitter) to share a chart that showed that large Bitcoin whales were selling off some of their coins. These large whales are those that hold at least 1,000 BTC in their wallet, which means on the lower end, these whales are holding at least $73 million worth of Bitcoin on their balances.
As the chart shows, there has been a decline in the total number of BTC held by these large wallets and this signifies that they have been selling their coins. After the price first ran toward its 2021 all-time high of $69,000, these whales began reducing their allocation.
The selling began in the month of February and has continued on into the month of March. Over this time, their total balances have reduced, leading to a decrease in the number of wallets that hold more than 1,000 BTC.
As of February, there were around 2,150 wallets holding more than 1,000 BTC. However, in March, this figure has dropped toward 2,040 as the whales shave off their balances to secure some profit during the rally.
Impact Of Whale Selling On BTC Price
Given the size of these wallets, a decision to sell from them can have a notable impact on the BTC price. This is because they are able to dump a large amount of supply on the market in a short time and if there is not enough demand to soak it up, then it leads to a crash in the price.
The whale selling could be behind the flash dips that have plagued Bitcoin as it has surged to new all-time highs. One example of this was on Tuesday, March 12, when the price of Bitcoin touched $73,000. What followed was a flash crash that sent the price toward $68,000 before it recovered.
$BTC
As the Bitcoin price continues on an upward trajectory that has sent it toward new all-time highs, breaking above $73,000 this week. With this increase, the vast majority of BTC holders are currently seeing a profit, and large whales are taking advantage of this to cash out some profit.
Large Bitcoin Whales Sell-Off Coins
Crypto analyst Ali Martinez took to X (formerly Twitter) to share a chart that showed that large Bitcoin whales were selling off some of their coins. These large whales are those that hold at least 1,000 BTC in their wallet, which means on the lower end, these whales are holding at least $73 million worth of Bitcoin on their balances.
As the chart shows, there has been a decline in the total number of BTC held by these large wallets and this signifies that they have been selling their coins. After the price first ran toward its 2021 all-time high of $69,000, these whales began reducing their allocation.
The selling began in the month of February and has continued on into the month of March. Over this time, their total balances have reduced, leading to a decrease in the number of wallets that hold more than 1,000 BTC.
As of February, there were around 2,150 wallets holding more than 1,000 BTC. However, in March, this figure has dropped toward 2,040 as the whales shave off their balances to secure some profit during the rally.
Impact Of Whale Selling On BTC Price
Given the size of these wallets, a decision to sell from them can have a notable impact on the BTC price. This is because they are able to dump a large amount of supply on the market in a short time and if there is not enough demand to soak it up, then it leads to a crash in the price.
The whale selling could be behind the flash dips that have plagued Bitcoin as it has surged to new all-time highs. One example of this was on Tuesday, March 12, when the price of Bitcoin touched $73,000. What followed was a flash crash that sent the price toward $68,000 before it recovered.
$BTC