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BitInsightHub is your sanctuary for profound crypto exploration. Delve into Bitcoin, altcoins, and blockchain intricacies. Real-time insights, dynamic discussions await. Join us for informed decisions in the ever-evolving world of digital assets. 🚀💬 #BTC #etf #ETH #DeFiChallenge #BinanceSquare
BitInsightHub is your sanctuary for profound crypto exploration. Delve into Bitcoin, altcoins, and blockchain intricacies. Real-time insights, dynamic discussions await. Join us for informed decisions in the ever-evolving world of digital assets. 🚀💬

#BTC #etf #ETH #DeFiChallenge #BinanceSquare
PolkaDot was able to break the dynamic support very sharply and strongly. #DOTUSDT inverse head and shoulder on the daily timeframe hints at a major correction. After reaching the resistance level of $7.500 - $7.700, the price failed to break it and started to decrease along with other digital currencies. If the selling pressure remains strong, the price will fall to the main support level of $5.660 - $5.810, an area where there seems to be a lot of demand for buying. #IOprediction #TopCoinsJune2024 #TopCoinsJune2024 #ETHETFsApproved #FIT21 $DOT
PolkaDot was able to break the dynamic support very sharply and strongly.

#DOTUSDT inverse head and shoulder on the daily timeframe hints at a major correction.

After reaching the resistance level of $7.500 - $7.700, the price failed to break it and started to decrease along with other digital currencies.

If the selling pressure remains strong, the price will fall to the main support level of $5.660 - $5.810, an area where there seems to be a lot of demand for buying.

#IOprediction #TopCoinsJune2024 #TopCoinsJune2024 #ETHETFsApproved #FIT21 $DOT
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$INJ Falling Wedge Upside Breakout/Retest

Massive Bullish Rally incoming.

#Binance200M #BnbAth #TopCoinsJune2024 #ETHETFsApproved #FIT21
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i am personally long in BTC low leverage low margin.

$BTC #IOprediction #Binance200M #TopCoinsJune2024 #ETHETFsApproved #FIT21
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$BTC Short

Leverage: 30X

Entry: 69500 - 69800

Target: 69300 - 69100 - 68900 - 68600

Stop-Loss: 71500

#Binance200M #BnbAth #TopCoinsJune2024 #ETHETFsApproved #FIT21
$BTC s0on 67000 🤑🤑🤑
$BTC s0on 67000 🤑🤑🤑
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$BTC Short

Leverage: 30X

Entry: 69500 - 69800

Target: 69300 - 69100 - 68900 - 68600

Stop-Loss: 71500

#Binance200M #BnbAth #TopCoinsJune2024 #ETHETFsApproved #FIT21
Bitcoin Head and Shoulders dip to $60,500 $BTC USDT has created a classic Head & Shoulders pattern on the daily timeframe. If it confirms below the neckline, we could see a pullback to $60,500 - the same distance from the peak of the Head to the neckline from the breakdown. This is not actionable until it confirms, when a candle closes lower than the first candle closing below the breakdown. Given the institutional interest and price manipulation, this could be turned around by market makers, so I won't be entering a short, or exiting my spot positions, until I see confirmation on the daily timeframe. However, I could also see those who manipulate the markets wanting a lower entry for large amounts of institutional capital - so the price could likely be manipulated either way. What the chart tells us is this is a big bearish signal to be monitored. There is also a Bearish Divergence on the RSI, which isn't actionable by itself, but does add a layer of confluence. #IOprediction #Binance200M #TopCoinsJune2024 #ETHETFsApproved #FIT21
Bitcoin Head and Shoulders dip to $60,500

$BTC USDT has created a classic Head & Shoulders pattern on the daily timeframe. If it confirms below the neckline, we could see a pullback to $60,500 - the same distance from the peak of the Head to the neckline from the breakdown.

This is not actionable until it confirms, when a candle closes lower than the first candle closing below the breakdown.

Given the institutional interest and price manipulation, this could be turned around by market makers, so I won't be entering a short, or exiting my spot positions, until I see confirmation on the daily timeframe.

However, I could also see those who manipulate the markets wanting a lower entry for large amounts of institutional capital - so the price could likely be manipulated either way. What the chart tells us is this is a big bearish signal to be monitored.

There is also a Bearish Divergence on the RSI, which isn't actionable by itself, but does add a layer of confluence.

#IOprediction #Binance200M #TopCoinsJune2024 #ETHETFsApproved #FIT21
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Cryptocurrency Market Overview

The labor market report determined the fate of Friday. In the wake of the last weekday, the weekend has been very dull in the market. Volatility is extremely low, and BTC's price is trading around Friday's close ($69,300) as if it were tied there.

TradFi
Let's understand what happened in the traditional economy that impacted the market so much.
The Nonfarm Payroll report came out very strong, contrary to the best forecasts in the US labor market by Goldman Sachs (I found two studies comparing forecasts from several investment houses and then separately verified Goldman Sachs' data with a simple bot comparing forecasts to actual data). So if you rely on Goldman Sachs for the US labor market, you will more often get data close to the actual figures.
Analysts and the US press unanimously pointed out how strange the report turned out to be, with both new job creation and rising unemployment occurring simultaneously.

News
- Solana once again surpasses BSC and Ethereum (excluding Layer-2) in trading volume. Meme coins remain the main magnet for speculators.- The DeFi sector continues to see inflows of funds, with the market at its highest levels in the past 15 months.

Base Scenario
I will return to active buying only on Wednesday, when the inflation report and the Fed's decision will be released. Until then, we might see another wave of decline or continued stagnation at current levels.

What to Long Today- INJ and DUSK have seen all the negativity bought up and look very strong. However, I would not rush into buying ORDI, as formations indicating a likely decline are visible on various time frames.

Many longs were closed at a stop, which is unpleasant, but we continue to work.

Today's Idea: Short ARK
- Move to breakeven at $0.821- Stop: $0.8632
- Take Profit: $0.7722

$BTC
#Binance200M #BnbAth #TopCoinsJune2024 #ETHETFsApproved #FIT21
Cryptocurrency Market Overview The labor market report determined the fate of Friday. In the wake of the last weekday, the weekend has been very dull in the market. Volatility is extremely low, and BTC's price is trading around Friday's close ($69,300) as if it were tied there. TradFi Let's understand what happened in the traditional economy that impacted the market so much. The Nonfarm Payroll report came out very strong, contrary to the best forecasts in the US labor market by Goldman Sachs (I found two studies comparing forecasts from several investment houses and then separately verified Goldman Sachs' data with a simple bot comparing forecasts to actual data). So if you rely on Goldman Sachs for the US labor market, you will more often get data close to the actual figures. Analysts and the US press unanimously pointed out how strange the report turned out to be, with both new job creation and rising unemployment occurring simultaneously. News - Solana once again surpasses BSC and Ethereum (excluding Layer-2) in trading volume. Meme coins remain the main magnet for speculators.- The DeFi sector continues to see inflows of funds, with the market at its highest levels in the past 15 months. Base Scenario I will return to active buying only on Wednesday, when the inflation report and the Fed's decision will be released. Until then, we might see another wave of decline or continued stagnation at current levels. What to Long Today- INJ and DUSK have seen all the negativity bought up and look very strong. However, I would not rush into buying ORDI, as formations indicating a likely decline are visible on various time frames. Many longs were closed at a stop, which is unpleasant, but we continue to work. Today's Idea: Short ARK - Move to breakeven at $0.821- Stop: $0.8632 - Take Profit: $0.7722 $BTC #Binance200M #BnbAth #TopCoinsJune2024 #ETHETFsApproved #FIT21
Cryptocurrency Market Overview

The labor market report determined the fate of Friday. In the wake of the last weekday, the weekend has been very dull in the market. Volatility is extremely low, and BTC's price is trading around Friday's close ($69,300) as if it were tied there.

TradFi
Let's understand what happened in the traditional economy that impacted the market so much.
The Nonfarm Payroll report came out very strong, contrary to the best forecasts in the US labor market by Goldman Sachs (I found two studies comparing forecasts from several investment houses and then separately verified Goldman Sachs' data with a simple bot comparing forecasts to actual data). So if you rely on Goldman Sachs for the US labor market, you will more often get data close to the actual figures.
Analysts and the US press unanimously pointed out how strange the report turned out to be, with both new job creation and rising unemployment occurring simultaneously.

News
- Solana once again surpasses BSC and Ethereum (excluding Layer-2) in trading volume. Meme coins remain the main magnet for speculators.- The DeFi sector continues to see inflows of funds, with the market at its highest levels in the past 15 months.

Base Scenario
I will return to active buying only on Wednesday, when the inflation report and the Fed's decision will be released. Until then, we might see another wave of decline or continued stagnation at current levels.

What to Long Today- INJ and DUSK have seen all the negativity bought up and look very strong. However, I would not rush into buying ORDI, as formations indicating a likely decline are visible on various time frames.

Many longs were closed at a stop, which is unpleasant, but we continue to work.

Today's Idea: Short ARK
- Move to breakeven at $0.821- Stop: $0.8632
- Take Profit: $0.7722

$BTC
#Binance200M #BnbAth #TopCoinsJune2024 #ETHETFsApproved #FIT21
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$BTC Short

Leverage: 30X

Entry: 69500 - 69800

Target: 69300 - 69100 - 68900 - 68600

Stop-Loss: 71500

#Binance200M #BnbAth #TopCoinsJune2024 #ETHETFsApproved #FIT21
$NOT Falling Wedge formation on the 4H timeframe Chart..!! In Case of Wedge Upside Breakout, Expecting +50% Bullish Rally in the Short term..📈
$NOT Falling Wedge formation on the 4H timeframe Chart..!!

In Case of Wedge Upside Breakout, Expecting +50% Bullish Rally in the Short term..📈
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$BTC Short

Leverage: 30X

Entry: 69500 - 69800

Target: 69300 - 69100 - 68900 - 68600

Stop-Loss: 71500

#Binance200M #BnbAth #TopCoinsJune2024 #ETHETFsApproved #FIT21
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