$LINK 1D
$LINK has been consolidating in the channel below for 8 months (since Nov) w/ price finally breaking out in textbook style, we're witnessing a classic breakout, retest, continuation in progress, what a beauty LFG
$25 in sight

As the #Bitcoin market breaks towards a new ATH and price discovery, it enters the Euphoria phase, where the supply in profit starts to fluctuate around the 90% level for the next 6-12 months.

The current euphoria phase is relatively young but has been active for around 2.5 months, with 93.4% of supply held in profit as of current.

The market is rapidly changing...

Less and less $BTC supply is available to the masses.

A enormous bull market is imminent...

BTC Technical Analysis: Triangle Watch

Bitcoin (BTC) is currently caught in an ascending triangle pattern. Price faced rejection at the horizontal resistance line, but it's finding support above the Ichimoku cloud. ☁️

A bounce off the cloud followed by a decisive breakout from the triangle would be a strong bullish signal. Until then, expect continued consolidation within the triangle.

#TechnicalAnalysis #Bitcoin #BTC #Binance

Ethereum Headed for $10k? Don't Underestimate Its Potential

There's a lot of chatter out there saying a $10,000 price target for Ethereum (ETH) this cycle is a long shot. That's surprising considering I'm usually the cautious one, not the wild optimist.

Here's why I think $10k is a very achievable target:

Historically Measurable: This price is only a 2x increase from the previous cycle's high.
Strong Ecosystem: The number of Layer 2 scaling solutions leveraging Ethereum is unprecedented. Ethereum itself remains the king of usage within the crypto space.
ETF Boost: The recent ETF approval injects a new wave of potential investment into Ethereum.
Market Leader Durability: It's difficult to imagine a thriving crypto market without Bitcoin and Ethereum. They're past the "prove themselves" stage.
This $10k target is actually quite conservative in my view. The only way I see it failing is if the entire crypto market collapses. Even then, while many altcoins might not survive, Ethereum, as a market leader, would likely weather the storm.

The Rising Tide Lifts All Boats (But Not Every Raft):

A rising Ethereum price will bring more capital and liquidity to the overall market, benefiting quality altcoins. However, unlike the 2021 boom, this liquidity won't inflate every single project. The market is too saturated for that.

The Reality of Sh*tcoins:

If you're looking for a 50-100x return on some random altcoin while scoffing at a measly 2.5x increase for Ethereum, you're missing the bigger picture. A stagnant Ethereum price likely indicates a stagnant market overall, dashing those "easy money" dreams for your altcoins. Remember, Ethereum surges during altseasons too.

Don't underestimate the potential of Ethereum. A $10,000 price tag is a realistic target, and I expect to see even higher prices in the future. This rise will likely trigger a positive spillover effect for quality altcoin projects. However, focus on strong projects, not speculative ventures, to capitalize on this growth.

Bitcoin (BTC) on the Rise: Bullish Calls, But Proceed with Caution

There's a buzz in the crypto world with calls to buy Bitcoin (BTC). While BTC is certainly showing bullish signs, it's important to be cautious and consider the technical side of things before jumping in.

Here's what we're seeing:

Bullish Sentiment: Some influencers are advocating for a buy position, citing bullish factors. (Use your search skills to find relevant articles to support this claim).
Price Zone: Attention is on the $67,000 price zone. If BTC can consistently trade above this level, it could signal further upward momentum.
But here's the word of caution:

Volatility is Still High: The crypto market is known for its ups and downs. Even with bullish signs, BTC could still experience a drop.
Technical Resistance: (Use your search skills to find the current technical resistance level for BTC and add it here). This level could act as a hurdle for further price increases.
So, what should you do?

Do Your Research: Don't just rely on social media influencers. Look for reliable sources and conduct your own technical analysis before making any investment decisions.
Consider a Stop-Loss: As mentioned by the influencer, having a stop-loss order in place can help mitigate potential losses if the price drops unexpectedly. They suggested $67,200, but this may need adjustment based on your risk tolerance and current market conditions.
Remember: Cryptocurrencies are inherently risky. While the potential for gains can be high, so is the potential for losses. Invest wisely and never invest more than you can afford to lose.

#Bitcoin #Crypto #Bullish #TechnicalAnalysis

Crypto Watchlist: Keeping an Eye on the Market After the ETF Announcement

Big news with the ETF launch, but what's next for crypto? Here are some assets to keep on your radar:

Solana (SOL): $SOL bounced back after a dip and is holding strong above $175. If it closes above this key level consistently, it could signal a bullish short-term trend. Traders are likely looking ahead to upcoming developments and are positioning themselves accordingly.

Bonk (BONK): $BONK This meme coin is breaking out! It's staying well above its previous highs and the overall market structure looks positive. The surge in other meme coins, like PEPE, and Solana's strength could give BONK an extra boost.

Bonus Tip: While the influencer mentioned some interesting Ethereum-related projects (ETHFI, ARB, ENS, ETC), it might be more profitable to just trade Ethereum (ETH) itself right now. Even though PEPE surprisingly became a strong performer, for most cases, sticking with ETH might be the better bet.

Stay tuned! I'll keep you updated on these coins and any other interesting developments in the crypto market.

#Solana #Bonk #Ethereum #Crypto

P.S. Remember, this is just information, not financial advice! Always do your own research before making any investment decisions.

BOOM!! APPROVED! There it is. The SEC just approved spot #Ethereum #ETFs. What a turn of events. It's really happening.

$SOL Analysis: May 24, 2024
Current Price: $173

Looking at the 4-hour chart:
Resistance: We need to see SOL break through the resistance zone between $176 and $179 for an upward move.

Next Resistance: If successful, the next hurdle will be $186-$187.

Support: If the price falls, the first level of support sits at $168.

Further Support: If it breaks below $168, watch for support around $151.

Remember: Do your own research before making any investment decisions!

⚠️DYOR

Ethereum Price Soars on ETF Rumors

Ethereum (ETH) is experiencing a significant surge today, with its price jumping 18% on rumors that the US Securities and Exchange Commission (SEC) might finally approve spot ETFs (Exchange Traded Funds). This speculation has ignited investor optimism for the world's second-largest cryptocurrency.

However, analysts are urging caution, emphasizing that SEC approval is keineswegs (German for "not at all") guaranteed. The regulatory body has a history of delaying or rejecting cryptocurrency-related ETFs, citing concerns about market manipulation and investor protection.

Will Ethereum Maintain Momentum?

Only time will tell if Ethereum can maintain its current momentum. The approval of spot ETFs would undoubtedly be a major boost for the cryptocurrency market, potentially attracting a new wave of institutional investors. However, if the SEC rejects these applications, it could lead to a significant pullback in prices.

#Cryptocurrency
#Bitcoin
#DeFi

Crypto Market Update: Leverage, Liquidations, and Smart Investing in Bitcoin (BTC)

Key Data Point: $3 Billion in Long Liquidations for Bitcoin at $65k

This post dives into the recent price movements in the crypto market, particularly Bitcoin (BTC).

The Core Message: Be cautious of high leverage and FOMO (Fear Of Missing Out) when investing in crypto.

Breakdown:

Leverage and Liquidations: The market witnessed significant liquidations (around $3 billion) of long positions when Bitcoin reached $65,000. This highlights the presence of leverage in the market, which can amplify both gains and losses.
Fear and Greed Index: While liquidations indicate a correction, they can also signal continued interest in the market. This aligns with the Fear and Greed Index, which provides insights into market sentiment.
For Holders:

This is a positive sign, potentially indicating a buying opportunity.
For New Investors:

Avoid high leverage and FOMO-driven entries. These strategies often lead to regretted decisions.
Don't expect a parabolic rise to $100,000 in the near future. There's a lack of strong catalysts to support such a rapid increase.
Additional Considerations:

ETF inflows have slowed down.
Bitcoin has already seen significant gains year-to-date (YTD). Reaching $100,000 might require more than just the upcoming halving event.
High leverage reflects temporary belief, not a solid investment foundation.
Bitcoin targets areas with high liquidity.
Actionable Advice:

Don't be tempted by high leverage at this point. You might regret it soon.
For those invested in projects like ENA and Wormhole:
If you already hold and want to exit, now might be the time.
If you considered them scams earlier, nothing has fundamentally changed.
If you believe in these projects, hold on to your positions.
Call to Action:

Follow for realistic crypto predictions and educational content.
Like the post if you found it valuable.
Stay Smart and Invest Wisely!

Crypto Update: BTC, ETH, and BNB (May 21, 2024)

There's been a strong rise in BTC price, but analyst warns it might be short-lived.

Here's why:
Support and Breakout Levels: As predicted earlier, support is at 67200 and breakout at 67800. Currently, the price sits between 70500 and 67800, which seems positive on the surface.

Concerns Despite the Rise: The lack of confirmation on the ETH Spot ETF approval by SEC and the similarity to the previous BTC rise to 73800 followed by a sharp drop to 59000 raise concerns. This rise could be fueled by anticipation of the SEC decision, leading to a potential pump or dump depending on the outcome.
USDT Breakout: The USDT dominance recently broke out from a strong support area, similar to the past breakout. While a return to 4.55 or 4.60 is expected, this is a natural correction after a significant rise.

Overall, BTC's rise is positive but lacks certainty. Keep an eye on the SEC's decision for a clearer picture.

Ethereum (ETH) Update
ETH's breakout is encouraging, but it needs further confirmation:
Positive Penetration: ETH's penetration is a good sign, but unlike the recent BTC volatility, it might need another breakout or a minor correction followed by a renewed rise.

Key Levels to Watch: A price correction from 3450 to 3320 followed by a rise above 3500 is crucial. Breaking past 3650 could potentially push BTC towards 75000 or even 85000.
Trading Advice:

Avoid high leverage: Use caution when trading ETH and BTC with leverage.
Like this analysis? Consider tipping the author for more valuable content!
#BTC #ETHETFs #ETH #BNB #LINK

$BTC

BTC weekly closure was above 65k which is a positive sign.

Now BTC has reached the the next strong resistance level which is the 67500 level BTC has faced a rejection from this level in the past.

Now for the further bullish momentum BTC needs to flip the 67500 resistance level to target the higher level of 70k.

The Next strong support level for the BTC will be the 65k level in case of a rejection.

Solana Price Prediction: Bullish Outlook for 2024 and Beyond! ($SOL )

Current Price: $174.55 (SOL/USD)

Solana (SOL) has been gaining traction in the crypto market, and experts are bullish on its future. Here's a breakdown of the latest predictions:

2024: Forecasters expect SOL to reach $250 by year-end, a significant increase from its current price.
2025: The bullish trend is predicted to continue, with SOL potentially reaching $400.
Long-Term: By 2030, SOL could reach $500, followed by further growth to $700 in 2033 and $800 in 2035.
Several factors are driving this optimistic outlook:

Increased Network Activity: Rising trading volumes on the Solana network are seen as a positive indicator for the price.
Solana Meme Coins: The popularity of meme coins like BONK, BOME, and MEW built on Solana is generating additional interest and potentially boosting the ecosystem.
Evolving Ecosystem: Strong DeFi activity and significant stablecoin volumes within the Solana ecosystem suggest continued growth.
Overall, the sentiment surrounding Solana is positive. With its potential for scalability and a thriving ecosystem, SOL could be a cryptocurrency to watch in the coming years.

#SolanaStrong #SolanaAnalysis

SOL ($SOL .X) Poised for Continued Uptrend: Technical Indicators Flash Bullish Signals

SOL.X is signaling a strong potential for continued gains based on multiple technical indicators:

Golden Cross: The 10-day moving average decisively crossed above the 50-day moving average on May 19th, 2024. Historically, this "Golden Cross" has been a bullish indicator, with SOL likely to move higher in 86% of similar past instances.
Emerging from Oversold Territory: The RSI indicator suggests a shift from a downtrend. When exiting oversold zones, SOL's price has increased in 65% of past cases.
Positive Momentum: The Momentum Indicator crossed above zero on May 15th, 2024, indicating potential for upward price movement. In 61% of historical cases, this preceded a price increase.
MACD Turning Positive: The Moving Average Convergence Divergence (MACD) turned positive on May 3rd, 2024. When this occurs, SOL has risen in 60% of past instances over the following month.
Breaking Above 50-Day Moving Average: SOL's price moving above its 50-day average on May 15th is a classic trend reversal signal, historically followed by price increases in 72% of similar situations.
Strong Recent Advance: Following a substantial 3-day gain of 8.44%, SOL's price is likely to continue its upward trajectory. In 72% of past instances where SOL experienced a 3-day advance, the price rose further within the following month.
Overall, these technical indicators strongly suggest that SOL.X is in a prime position for continued growth.

Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please consult with a financial professional before making any investment decisions.

Bitcoin's Bull Run: $70K or Bust?

Bitcoin is trading above $67K with a market capitalization of $2.55T and a BTC dominance of 51.87%. Analysts have mixed views on its future movements, with predictions ranging from a bullish trend targeting $70K to $295K, to warnings of a potential 10% drop. Key levels to watch include $67K, $68K, and $72K. The market sentiment is leaning towards 'Greed' according to the Fear & Greed Index.

#CMEBitcoinSpotTrading #ETHETFS #BTC

Bitcoin: Pump or Dump?

Traders, buckle up! Bitcoin (BTC) is sending mixed signals.

On the 1-hour timeframe, there seems to be a hidden bullish signal, hinting at a potential price increase. However, the 4-hour timeframe paints a contrasting picture with the MACD Oscillator closing, indicating a bearish trend.

So, what does this mean for BTC? The post suggests the coin is currently in a neutral state, waiting for a significant move in either direction. This presents an opportunity for traders to capitalize on the eventual pump or dump.

What's your take? Will BTC break bullish or plunge into a bear market? Share your predictions and trading strategies in the comments!

Bullish on Bitcoin: New ATH by End of Month?

Calling all crypto holders! Are you bullish on Bitcoin?

The post predicts that Bitcoin (BTC) will not drop to the $63k-$64k range that many are waiting for to buy in. Instead, the author believes BTC is poised to surge past its current all-time high (ATH) and reach new heights, similar to gold and other commodities. Their prediction? A staggering $80k by the end of this month!

Do you agree with this analysis? Will Bitcoin defy expectations and reach a new ATH by the end of May? Let us know your thoughts in the comments below!

Buckle Up, Crypto Believers! Carlos Calling for Mega Bull Run!
Wealth Coach Carlos is here to blow the roof off your expectations! Are you ready for this?

Bitcoin to Shatter Records: $100,000!
Ethereum Explodes: Reaching for $10,000!
Solana Soars: Get Ready for $1,000!
Altcoin Alt-Season: Prepare for a 20x-50x Pump!

Major companies are jumping in, buying billions in Bitcoin ETFs every month! This train is leaving the station, are you on board?
Don't be left behind!
Carlos says the current sentiment is far too cautious.
This is a BULL RUN, people!
#Bitcoin #Ethereum #Solana

Coinbase expects 30% to 40% chance of spot #ETH #ETF approval by month-end.

In a May 15 report, Coinbase Institutional Research Analyst David Han asserted that the main factor that led the SEC to approve spot #Bitcoin ETFs The correlation between CME futures product and spot exchange rates — could also lead it to approve spot Ethereum ETFs.

#ETHETFS #altcoins