Marketupdate
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So they say bitcoin must close below 42k this month in order to rise higher and create a new ATH.
Let's annalize the risk involved in this statement...
The ultimate question is, will BTC fall to the 42k zone? Honestly, if you're going to check the chart, the only bearish signal you can find is the double top in the daily chart. However this pattern might have been exhausted when BTC after a quick dive, smoothly bounced back to the 66k zone.
More over the recent daily KDJ stochastic oscillator suggested that the recent sell off is not that bad. Yup, the sell volume may not be good enough to bring the price lower. It seems like, someone might have just market sell a few of his BTC stack.
So to answer the question, No 42k is not a BTC target if you check the chart. So for the mean time, buy the dip!
FOLLOW for more.
By the way, if you're still looking for a low cap token that can possibly go x1000 this bullseason, do check out PITBULL.
#BTC #TechnicalAnalysis #Marketupdate #BullorBear #Pitbull
Let's annalize the risk involved in this statement...
The ultimate question is, will BTC fall to the 42k zone? Honestly, if you're going to check the chart, the only bearish signal you can find is the double top in the daily chart. However this pattern might have been exhausted when BTC after a quick dive, smoothly bounced back to the 66k zone.
More over the recent daily KDJ stochastic oscillator suggested that the recent sell off is not that bad. Yup, the sell volume may not be good enough to bring the price lower. It seems like, someone might have just market sell a few of his BTC stack.
So to answer the question, No 42k is not a BTC target if you check the chart. So for the mean time, buy the dip!
FOLLOW for more.
By the way, if you're still looking for a low cap token that can possibly go x1000 this bullseason, do check out PITBULL.
#BTC #TechnicalAnalysis #Marketupdate #BullorBear #Pitbull
Whales are buying so much bitcoin! It's a bull trap!
I've read the bear team wrote these exact words here at binance square. 😅
Although I am 100% bullish, I'd like to try and be reasonable. 🫣 I'll try not to give a bias judgement😂. Here goes👇
"Whales buying is a bull trap."
Let's annalize the above statement🤔...
Bull trap in simple words is a fake upside rally, intended to trick the bulls. The ultimate goal is to liquidate the bull's position.
Now, let's go straight to the point. The KDJ stochastic oscillator suggested that whales are buying huge quantities of BTC at 70k-71k. If that's the case, why would they sell at 67k? (since BTC is at 67k now) Why would a whale sell at a loss? It doesn't make any sense. 😂 If they're buying at 70k-71k, then they most likely will sell to keep at least a 20% profit, which is 84k. By the way, 84k is the daily inverted H&S target. This target is like wise confirmed by the daily KDJ oscillator.
Sorry BEAR team. I'm not biased. Just trying to be reasonable. 😅 You can comment your thoughts below if you like😅.
FOLLOW for more
By the way, if you're still looking for a safe low cap token that can possibly go x1000 this bull season, check out PITBULL.
#BTC #TechnicalAnalysis #Marketupdate #BullorBear #Pitbull
I've read the bear team wrote these exact words here at binance square. 😅
Although I am 100% bullish, I'd like to try and be reasonable. 🫣 I'll try not to give a bias judgement😂. Here goes👇
"Whales buying is a bull trap."
Let's annalize the above statement🤔...
Bull trap in simple words is a fake upside rally, intended to trick the bulls. The ultimate goal is to liquidate the bull's position.
Now, let's go straight to the point. The KDJ stochastic oscillator suggested that whales are buying huge quantities of BTC at 70k-71k. If that's the case, why would they sell at 67k? (since BTC is at 67k now) Why would a whale sell at a loss? It doesn't make any sense. 😂 If they're buying at 70k-71k, then they most likely will sell to keep at least a 20% profit, which is 84k. By the way, 84k is the daily inverted H&S target. This target is like wise confirmed by the daily KDJ oscillator.
Sorry BEAR team. I'm not biased. Just trying to be reasonable. 😅 You can comment your thoughts below if you like😅.
FOLLOW for more
By the way, if you're still looking for a safe low cap token that can possibly go x1000 this bull season, check out PITBULL.
#BTC #TechnicalAnalysis #Marketupdate #BullorBear #Pitbull
PEOPLE is now hovering it's local low which is 0.105. Is now the best time to buy?
Well, if you're waiting for people to fall back to the 100Million market cap, you might just be waiting in vain.
PEOPLE has crossed the 500Million mark, and chances are, it's gonna go further. Whether you like it or not, it's gonna pump higher in par with pepe and bonk. Months ago when PEOPLE was only 0.03 something, I told you guys that PEOPLE will be the next PEPE, and from the looks of it, it's exactly where it's heading now.
I've always been a fan of safe low cap tokens, since it's the only way to make life changing money in trading. Sorry to bust your bubble guys, but it's not futures. Futures is good, many are thriving from it, but you'll need all the knowledge, experience, and discipline to excel.
If you're a newbie, an emotional trader, or someone with heart and mental issues you can't jump in to futures. Trust me, futures will give you sleepless nights😂 and the liquidations might physically knock you down.
So, if you're following me for months now, you know I've been pushing safe, low cap tokens like PITBULL and PEOPLE. PEOPLE at its current price now, can still go x10, or even x50, while PITBULL can go x10, x100 or even x1000 if it beats doge.
But anyhow, let's go talk about the PEOPLE chart. People is in price discovery mode since it's been flying really high the past few weeks. This week we've seen it slump 40% from its local ATH. So is now a good entry?
🤔🤔🤔🤔🤔🤔🤔🤔
From the looks of it, the answer is YES. The people weekly chart is loud and clear bullish. Although chart formations are absent, the daily KDJ stochastic oscillator is shouting FOMO at arround the 0.12 price zone. These means that it will most likely go back to 0.12 and even create new ATH in the comming days or even weeks. If you're up for long term spot trades, yup now is the best time to stack.
FOLLOW for more.
#PEOPLE #Pitbull #TechnicalAnalysis #Marketupdate #BTC
Chart below 👇
Well, if you're waiting for people to fall back to the 100Million market cap, you might just be waiting in vain.
PEOPLE has crossed the 500Million mark, and chances are, it's gonna go further. Whether you like it or not, it's gonna pump higher in par with pepe and bonk. Months ago when PEOPLE was only 0.03 something, I told you guys that PEOPLE will be the next PEPE, and from the looks of it, it's exactly where it's heading now.
I've always been a fan of safe low cap tokens, since it's the only way to make life changing money in trading. Sorry to bust your bubble guys, but it's not futures. Futures is good, many are thriving from it, but you'll need all the knowledge, experience, and discipline to excel.
If you're a newbie, an emotional trader, or someone with heart and mental issues you can't jump in to futures. Trust me, futures will give you sleepless nights😂 and the liquidations might physically knock you down.
So, if you're following me for months now, you know I've been pushing safe, low cap tokens like PITBULL and PEOPLE. PEOPLE at its current price now, can still go x10, or even x50, while PITBULL can go x10, x100 or even x1000 if it beats doge.
But anyhow, let's go talk about the PEOPLE chart. People is in price discovery mode since it's been flying really high the past few weeks. This week we've seen it slump 40% from its local ATH. So is now a good entry?
🤔🤔🤔🤔🤔🤔🤔🤔
From the looks of it, the answer is YES. The people weekly chart is loud and clear bullish. Although chart formations are absent, the daily KDJ stochastic oscillator is shouting FOMO at arround the 0.12 price zone. These means that it will most likely go back to 0.12 and even create new ATH in the comming days or even weeks. If you're up for long term spot trades, yup now is the best time to stack.
FOLLOW for more.
#PEOPLE #Pitbull #TechnicalAnalysis #Marketupdate #BTC
Chart below 👇
Is the 100k bull market really comming this year? Will meme coin go 5X or more?
We all have these two questions in mind. Right? But what is the ultimate answer?
Well, if you'd ask me, my answer is the same. I'm 80% certain that BTC will rally all the way up to 107k or maybe more. Why? Since 107k is the ultimate BTC weekly chart target, I stand my ground, I am 107k bullish.
So I've been telling you that over and over, yet price is still going back and forth the the 60k-70k zone. So whats the real score?
One thing is true in crypto, huge moves doesn't usually come in an instant. Candles will always move in zigzag while forming a key support as foundations for a huge upside rally.
Hence, before a huge pump, we usually see chart formations like double or tripple bottom, inverted Head and Shoulders, bullish rectangle, and bullish pennant. Truth is, these formations is a sign that candles are creating support.
Right now, we see these patterns in the BTC, weekly, and even monthly chart. The KDJ oscillator is likewise giving bullish signals. And those are enough for me to believe that 100k is possible in the comming weeks or even days.
So for now, accumulate, and keep bagging. Buy the dip 😁. By the way, if you're still looking for alts to prepare for the alt season check out PITBULL. You know me, I'm a fan of safe, low cap tokens and PIT is just one of them. There are others too, if you know one comment below, I will check 😁.
FOLLOW for more
#BTC #TechnicalAnalysis #Marketupdate #BullorBear #Pitbull
We all have these two questions in mind. Right? But what is the ultimate answer?
Well, if you'd ask me, my answer is the same. I'm 80% certain that BTC will rally all the way up to 107k or maybe more. Why? Since 107k is the ultimate BTC weekly chart target, I stand my ground, I am 107k bullish.
So I've been telling you that over and over, yet price is still going back and forth the the 60k-70k zone. So whats the real score?
One thing is true in crypto, huge moves doesn't usually come in an instant. Candles will always move in zigzag while forming a key support as foundations for a huge upside rally.
Hence, before a huge pump, we usually see chart formations like double or tripple bottom, inverted Head and Shoulders, bullish rectangle, and bullish pennant. Truth is, these formations is a sign that candles are creating support.
Right now, we see these patterns in the BTC, weekly, and even monthly chart. The KDJ oscillator is likewise giving bullish signals. And those are enough for me to believe that 100k is possible in the comming weeks or even days.
So for now, accumulate, and keep bagging. Buy the dip 😁. By the way, if you're still looking for alts to prepare for the alt season check out PITBULL. You know me, I'm a fan of safe, low cap tokens and PIT is just one of them. There are others too, if you know one comment below, I will check 😁.
FOLLOW for more
#BTC #TechnicalAnalysis #Marketupdate #BullorBear #Pitbull
"Bitcoin is showing bearish signs in the 1Hour time frame", the bear team is spreading FUD for the whole crypto sphere to hear. They're hustling in the hopes of defending their shorts from liquidation.
But let's be reasonable, do they have basis to claim that there will be a major BTC dump? 🤔Let's dig deeper.
1. The 1hr time frame is a weak time frame and it often yields to higher time frames. If a higher time frame says otherwise, the 1hour time frame is often invalidated.
2. The 1hr time frame is useful tool for day trading, but not so when you're up for a long term hold. It can foretell what's going to happen within the next 6-12 hours only. Hence, use a stronger time frame if you'd like to know what will happen the next day and beyond.
So what does the stronger time frames say about BTC?
1. The daily time frame is outright bullish. A bullish inverted Head and Shoulders pattern has formed. Neck line is broken and price action has slumped back, seeking its ultimate support. Upside target is huge. It's 84k.😎 Chart below.
2. Daily KDJ oscillator has detected FOMO volume at 71k, meaning price will go back to 71k and beyond in the comming days.
The only thing that can invalidate the daily time frame is the weekly and monthly time frame. So what does the weekly and monthly timeframe say?
1. Weekly and monthly chart has been looking bullish for weeks and months now. A huge double bottom has long been formed. Upside target is 107k. Bigger target huh🤔🤣👀.
FOLLOW for more chart updates.
By the way, if you're still looking for x100 token in preparation of the alt season, check out PITBULL. It's safest, low cap token in the crypto space. #Pitbull
BTC daily chart below.
#BTC #TechnicalAnalysis #Marketupdate #BullorBear
But let's be reasonable, do they have basis to claim that there will be a major BTC dump? 🤔Let's dig deeper.
1. The 1hr time frame is a weak time frame and it often yields to higher time frames. If a higher time frame says otherwise, the 1hour time frame is often invalidated.
2. The 1hr time frame is useful tool for day trading, but not so when you're up for a long term hold. It can foretell what's going to happen within the next 6-12 hours only. Hence, use a stronger time frame if you'd like to know what will happen the next day and beyond.
So what does the stronger time frames say about BTC?
1. The daily time frame is outright bullish. A bullish inverted Head and Shoulders pattern has formed. Neck line is broken and price action has slumped back, seeking its ultimate support. Upside target is huge. It's 84k.😎 Chart below.
2. Daily KDJ oscillator has detected FOMO volume at 71k, meaning price will go back to 71k and beyond in the comming days.
The only thing that can invalidate the daily time frame is the weekly and monthly time frame. So what does the weekly and monthly timeframe say?
1. Weekly and monthly chart has been looking bullish for weeks and months now. A huge double bottom has long been formed. Upside target is 107k. Bigger target huh🤔🤣👀.
FOLLOW for more chart updates.
By the way, if you're still looking for x100 token in preparation of the alt season, check out PITBULL. It's safest, low cap token in the crypto space. #Pitbull
BTC daily chart below.
#BTC #TechnicalAnalysis #Marketupdate #BullorBear
Due to high acquisition cost, a number of countries are now against the US dollar. So the question is, what happens if the US dollar is abolished as a global reserve currency? Would this spell horror to the crypto world?
Let's explore the possibilities together🤔.
If US falls as the world leader in both economic and military wise, then the whole world would soon reject the green back as the world wide currency for trade and business.
This may sound funny at the moment, but open your eyes guys. A lot of huge and powerful countries are now vocally standing against the US. A lot are no longer using the green back for international trades. So I say, the fall of the US Dollar is a highly possible scenario.
The rich knows that, hence instead of keeping the dollar, they keep BTC, ETH, and other CRYPTOS. You know if the dollar falls, inflation would devour the person holding it. Basic commodities, along with other goods and services will increase. The average US population isn't aware of the risk yet, but once they do, they'll scramble and convert their dollar savings into crypto. In that case, green candles will tower high, and a lot will be buying at the top.
So if you understand what I'm talking about, the best time to buy crypto is now. Maximize your gains by stacking safe, low cap, and deflationary tokens that can possibly go x1000 like PITBULL.
By the way, PIT is in line to become the next binance newbie. It is nominated in binance futures next. You can vote for it. If it wins, binance will double the USDT you used to vote. If it doest you will get your money back. It's risk free😁, all you have to do is pick the right coin, choose PITBULL.
FOLLOW for more
#BTC #Marketupdate #Pitbull #bitcoin #ETH
Let's explore the possibilities together🤔.
If US falls as the world leader in both economic and military wise, then the whole world would soon reject the green back as the world wide currency for trade and business.
This may sound funny at the moment, but open your eyes guys. A lot of huge and powerful countries are now vocally standing against the US. A lot are no longer using the green back for international trades. So I say, the fall of the US Dollar is a highly possible scenario.
The rich knows that, hence instead of keeping the dollar, they keep BTC, ETH, and other CRYPTOS. You know if the dollar falls, inflation would devour the person holding it. Basic commodities, along with other goods and services will increase. The average US population isn't aware of the risk yet, but once they do, they'll scramble and convert their dollar savings into crypto. In that case, green candles will tower high, and a lot will be buying at the top.
So if you understand what I'm talking about, the best time to buy crypto is now. Maximize your gains by stacking safe, low cap, and deflationary tokens that can possibly go x1000 like PITBULL.
By the way, PIT is in line to become the next binance newbie. It is nominated in binance futures next. You can vote for it. If it wins, binance will double the USDT you used to vote. If it doest you will get your money back. It's risk free😁, all you have to do is pick the right coin, choose PITBULL.
FOLLOW for more
#BTC #Marketupdate #Pitbull #bitcoin #ETH
What is a people token?
The PEOPLE token, associated with ConstitutionDAO, was not a representation of fractional ownership of the Constitution copy, but rather a governance token that would have allowed its holders to vote on the placement of the Constitution copy.
What is the max supply of people coin?
5.07 B PEOPLE
PEOPLE has a circulating supply of 5.06 B PEOPLE and a max supply of 5.07 B PEOPLE.
The price of ConstitutionDAO (PEOPLE) is $0.1256 today with a 24-hour trading volume of $375,085,896.81. This represents a 5.84% price increase in the last 24 hours and a 14.73% price increase in the past 7 days. With a circulating supply of 5.1 Billion PEOPLE, ConstitutionDAO is valued at a market cap of $631,267,308.
#PEOPLEbearish #Marketupdate #TopCoinsJune2024 #altcoins #fahadcreator $PEOPLE
The PEOPLE token, associated with ConstitutionDAO, was not a representation of fractional ownership of the Constitution copy, but rather a governance token that would have allowed its holders to vote on the placement of the Constitution copy.
What is the max supply of people coin?
5.07 B PEOPLE
PEOPLE has a circulating supply of 5.06 B PEOPLE and a max supply of 5.07 B PEOPLE.
The price of ConstitutionDAO (PEOPLE) is $0.1256 today with a 24-hour trading volume of $375,085,896.81. This represents a 5.84% price increase in the last 24 hours and a 14.73% price increase in the past 7 days. With a circulating supply of 5.1 Billion PEOPLE, ConstitutionDAO is valued at a market cap of $631,267,308.
#PEOPLEbearish #Marketupdate #TopCoinsJune2024 #altcoins #fahadcreator $PEOPLE
As of writing, BTC dropped 2% while most of the alts dropped 10%-15%. It's crazy how a 2% drop affects the alts this time around. So people ask, why is this happening? Let's explore the possible answers.
This classic BTC movement means that BTC is taking all the funds from the crypto market to be able to sustain its growth. For the record, BTC chart is showing bullish signs leading to the 84k target. It's most likely gonna take another leg up and create new ATH at the expense of the alts. It's vacuuming the money from the alts that it has so much Dominance.
Hence, the heavier an alt coin is traded in BTC pair, the greater the impact, the heavier the fall. If you're into alts, the best way out is to pick those that BTC has below average control like PITBULL, SHIB, DOGE, and others.
How will you know the degree of BTC control? Make it a habit to check contract. Make sure that less than 20% of the token supply is held by CEXs or centralized exchanges. Why? Its because CEX facilitates the BTC pair trading.
FOLLOW for more
#BTC #TechnicalAnalysis #Marketupdate #BullorBear #Pitbull
This classic BTC movement means that BTC is taking all the funds from the crypto market to be able to sustain its growth. For the record, BTC chart is showing bullish signs leading to the 84k target. It's most likely gonna take another leg up and create new ATH at the expense of the alts. It's vacuuming the money from the alts that it has so much Dominance.
Hence, the heavier an alt coin is traded in BTC pair, the greater the impact, the heavier the fall. If you're into alts, the best way out is to pick those that BTC has below average control like PITBULL, SHIB, DOGE, and others.
How will you know the degree of BTC control? Make it a habit to check contract. Make sure that less than 20% of the token supply is held by CEXs or centralized exchanges. Why? Its because CEX facilitates the BTC pair trading.
FOLLOW for more
#BTC #TechnicalAnalysis #Marketupdate #BullorBear #Pitbull
$BTC $BTC People are buzzing about BTC crashing down when in reality BTC is just trying to create it's ultimate daily support. It's trying to break the 70k resistance guys. See chart below, it's been doing that for the past few months. It's nothing new😉.
But will it make it this time? Positive, all the signs are there. So you know the drill. Buy the dip!
FOLLOW for more
#BTC #TechnicalAnalysis #Marketupdate #BullorBear #buythedip
But will it make it this time? Positive, all the signs are there. So you know the drill. Buy the dip!
FOLLOW for more
#BTC #TechnicalAnalysis #Marketupdate #BullorBear #buythedip
🟢 On June 6, the total net inflow of US #Bitcoin spot ETFs was $218 million!
$ETH is trading down by 1% near $3,800.
Top movers: $JASMY (+14%), $INJ (+11%), $W (+9%)
$BEAM, $BONK, and $CHZ are all down by 4%.
#Marketupdate #marketanalysis #CryptoMarketSentiment #TrendingTopic
$ETH is trading down by 1% near $3,800.
Top movers: $JASMY (+14%), $INJ (+11%), $W (+9%)
$BEAM, $BONK, and $CHZ are all down by 4%.
#Marketupdate #marketanalysis #CryptoMarketSentiment #TrendingTopic
It's obvious where BTC is taking the whole crypto market. Sorry to disappoint the bear team, but it's certainly not gonna go back to the 50k zone.
See chart below, and tell me what you think about it. Whether you're a seasoned trader or not, let me know what you think. 😁
Any how, here's my 10 cents ----> BTC is going to pump wildly in the comming days. Upside target is 85k 😎. If you don't believe me, check the chart again. If you must, do a little research.
I don't wanna go on details this time, the chart speaks for itself. Come on, it's too obvious😉.
FOLLOW for more
#BTC #TechnicalAnalysis #Marketupdate #BullorBear
See chart below, and tell me what you think about it. Whether you're a seasoned trader or not, let me know what you think. 😁
Any how, here's my 10 cents ----> BTC is going to pump wildly in the comming days. Upside target is 85k 😎. If you don't believe me, check the chart again. If you must, do a little research.
I don't wanna go on details this time, the chart speaks for itself. Come on, it's too obvious😉.
FOLLOW for more
#BTC #TechnicalAnalysis #Marketupdate #BullorBear
What is the market cap of Pepe coin?
The current market cap of Pepe is $6.19B. A high market cap implies that the asset is highly valued by the market.
The price of Pepe (PEPE) is $0.00001496 today with a 24-hour trading volume of $968,402,627.66. This represents a 3.23% price increase in the last 24 hours and a -0.72% price decline in the past 7 days. With a circulating supply of 420 Trillion PEPE, Pepe is valued at a market cap of $6,289,662,171.
#pepe⚡ #meme_coin #Marketupdate #fahadcreator $PEPE
The current market cap of Pepe is $6.19B. A high market cap implies that the asset is highly valued by the market.
The price of Pepe (PEPE) is $0.00001496 today with a 24-hour trading volume of $968,402,627.66. This represents a 3.23% price increase in the last 24 hours and a -0.72% price decline in the past 7 days. With a circulating supply of 420 Trillion PEPE, Pepe is valued at a market cap of $6,289,662,171.
#pepe⚡ #meme_coin #Marketupdate #fahadcreator $PEPE
Has BNB got a future?
According to our Binance Coin price prediction, BNB price is expected to have a 0.19% decrease and drop as low as by June 04, 2024. Our technical indicators signal about the Bullish Bullish 93% market sentiment on Binance Coin, while the Fear & Greed Index is displaying a score of 73 (Greed).
#BNBToken #fahadcreator #Marketupdate $BNB
According to our Binance Coin price prediction, BNB price is expected to have a 0.19% decrease and drop as low as by June 04, 2024. Our technical indicators signal about the Bullish Bullish 93% market sentiment on Binance Coin, while the Fear & Greed Index is displaying a score of 73 (Greed).
#BNBToken #fahadcreator #Marketupdate $BNB
Market Overview (28.03.2023)
💰Top Gainer Binance
1. SXP: +15.07%
2. AST: +14.93%
3. RPL: +14.81%
4. LDO: +13.50%
5. CFX: +12.62%
💰BTC dominance: 45.84%
🔹ETH Dominance: 18.88%
📈Total Market cap: $1.147T
📈Total altcoin Market cap : $589.729B
#BTC #Marketupdate #ETH
💰Top Gainer Binance
1. SXP: +15.07%
2. AST: +14.93%
3. RPL: +14.81%
4. LDO: +13.50%
5. CFX: +12.62%
💰BTC dominance: 45.84%
🔹ETH Dominance: 18.88%
📈Total Market cap: $1.147T
📈Total altcoin Market cap : $589.729B
#BTC #Marketupdate #ETH
📈 Today's #Marketupdate
#bitcoin is beginning the week testing $28,000, but a consolidation at $25K is within the realm of possibilities.
#ETH is slightly underperforming #BTC trading down 1.12% at $1,700.
#trading
#bitcoin is beginning the week testing $28,000, but a consolidation at $25K is within the realm of possibilities.
#ETH is slightly underperforming #BTC trading down 1.12% at $1,700.
#trading
