Market overview from the STONKS team The market showdown has arrived! Yesterday, Bitcoin dropped by 12% in an instant. Over $1 billion of leveraged traders were liquidated 🫡. From a technical analysis perspective, it was evident that there was no growth. At that moment, negative news hit the market in the form of: • SpaceX selling $378 million worth of Bitcoin,...
Market overview from the STONKS team The situation repeats itself. For the second year in a row, August shows barely any volatility. Since the last market overview, the situation remained the same. The targets haven’t changed. The only thing that's clear right now is that a resolution will come very soon. At the moment, an STB zone has formed at the bottom,...
Market overview from the STONKS team. Since the last market overview, the situation has changed quite significantly, but not for the participants of Stonks Alts, as they continue to receive daily overviews of both Bitcoin and other interesting coins. At the moment, we have removed the compression from the previous overview and are expecting the top compression...