Over the last 3 days, $2.5 billion has been liquidated in the futures market, 83% of which is longs. The BTC price dropped to $96,613 (-4.6% for the week), the fear index dropped 7 points, and outflows from spot ETFs totaled an impressive $680 million. ❌ Is this a signal? No, it's a pattern. Corrections like this “drop off the tourists,” opening up new...
👉 Amid slowing inflows into spot BTC ETFs and weak bearish pressure, BTC price remains above key support. Institutionalists are hoarding the coin, and Bitfinex says: the target is $200K by mid-2025, so it's likely that corrections will be moderate due to strong demand. The Bitcoin Policy Institute has proposed Trump's strategic plan for BTC reserves. If the idea...
🌍 Bitcoin holds steady at $101,500, reflecting a market in flux. While Microsoft passed on BTC reserves, nations and corporations are exploring Bitcoin reserves, highlighting its financial relevance. 📉 Spot BTC ETF inflows have slowed since November, hinting at cautious sentiment. Broader crypto ETFs and U.S. policy shifts could ignite new institutional...
🔥 During the recent market dip, BRETT emerged as the top-performing memecoin, supported by BASE's impressive network development progress. The price has only just returned to a key resistance level first reached in June, suggesting there’s still room for further growth. 📉 FLOKI, BRETT's closest competitor, maintains an edge with a stronger Volume/MarketCap...
📊 This week’s analysis of top 100 memecoins revealed some surprises: classic memes like DOGE and SHIB didn’t make the top 5 performers or underperformers. Their lower volatility makes them less appealing for quick gains on price growth. 📉 Coins on the Solana network faced notable declines, presenting an opportunity to build positions at lower prices. 🔥...
🔥 Bitcoin above $98,000 MicroStrategy acquired 51,780 BTC worth $4.6 billion 💰 Bitcoin has surpassed the British pound sterling (GBP) in terms of capitalization 👍 Nasdaq opened trading in options on spot BTC-ETFs. Polish presidential candidate Slawomir Mentzen has announced his intentions to create a strategic bitcoin reserve should he win the...
💼 A US Senator hints at creating a bitcoin reserve by early 2025, while Tesla and El Salvador hang on, refusing to sell. The big money is here and the cryptocurrency market will never be the same. Whether this will be a blessing or a curse for true believers, time will tell. One thing is for sure, the stakes have never been this high 🌱
🔥 Bitcoin trades above $90,000 The end of the previous week ended with outflows from spot BTC ETFs 📉 Bitcoin's dominance corrected after reaching 61% Crypto-betting platform Polymarket estimates the probability of bitcoin reaching $100,000 by the end of 2024 at 63% 🎲 Analyzing the wallets we tracked led us to the following conclusion 👇 💡 93% of transactions...
After the end of the US elections TVL Polymarket fell by 50% after which the decline continued. At the time of writing, the decline was down 5x from TVL's peak 📉
📊 According to Glassnode analytical service, whales have been actively withdrawing BTC from exchanges for a week. 💡 Such behavior of large wallets may mean expectations of further market movement before the beginning of liquidity overflow from BTC to altcoins.
🔥 Bitcoin has risen significantly recently, reaching a new ATH of $89,940. 🔎 The volume of “Bitcoin” search queries on Google Trends has also hit a new high from June 2022. Crypto-betting platform Polymarket estimates the probability of bitcoin reaching $100,000 by the end of 2024 at 62% 🎲 🚀 Bitcoin's capitalization has surpassed that of silver - the first...
Crypto’s Institutional Era Has Begun 💼 Did you know the US might consider buying up to 5% of Bitcoin’s total supply for a national reserve? Meanwhile, pension funds like the one in the UK are already stepping in, allocating 3% of their assets to BTC. This could reshape the entire market landscape. For the first time, we’re in a bull cycle where institutional...
Having analyzed 100 mln bitcoin wallets, we formed an index reflecting their sentiments. And here are the conclusions we came to 👇 👉 The current values are at 62 points, and over the last 24 hours 100% of transactions were made for sale. 💡 After Trump's victory, the cryptocurrency market surged and BTC reached a new ATH, while the observed wallets mostly...
While analyzing 100 million bitcoin wallets, we formed an index reflecting their sentiment. The current values are at 62 points, and over the last week, 89% of transactions were for sale. This market sentiment indicates that in the long term, traders continue to expect growth and are willing to take big risks, but due to the upcoming US elections, they are...
Last week's forecast worked out great. Now I expect bitcoin may finally come out of the channel. Buy strictly after the exit from the channel.
The chart perfectly shows ETH to be in a falling channel. But in the previous forecast I described why I see that ETH will fall by 10% at most and will grow further. Therefore, I expect growth and exit from this channel.
You can see how bitcoin likes to walk along support and resistance lines. for those who like day trading this is a good opportunity to make money.
Bitcoin is drawing an obvious flag pattern. I assume this is one of the last opportunities to buy bitcoin in this cycle.