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🚨 Bad News for Bitcoin and Altcoins from US President Biden!🚨
U.S. President Joe Biden has just announced that he vetoed a House Joint Resolution aimed at repealing Staff Accounting Bulletin 121 (SAB 121) from the U.S. Securities and Exchange Commission (SEC).
🔍 **What is SAB 121?**
SAB 121 is an SEC accounting guideline that requires financial institutions holding cryptocurrencies for customers to keep these assets on their own balance sheets. Critics argue this makes it challenging for financial institutions to collaborate with crypto companies.
During his veto decision, President Biden emphasized his commitment to protecting consumers and investors, stating he won't support "any measures that would jeopardize the welfare of consumers and investors." 🛡️
“By invoking the Congressional Review Act, this Republican-led decision would inappropriately restrict the SEC's ability to establish appropriate guardrails and address future issues,” Biden explained.
He reiterated his desire to work with Congress on legislation for the digital asset market, stressing the need for "appropriate guardrails that protect consumers and investors." 🏦👥
Earlier on Friday, Senator Ron Wyden (D-Ore.), a member of Biden's party who voted for the resolution, expressed concerns at the Consensus 2024 conference. He noted that this guidance sets a different standard for crypto compared to other assets in the financial sector.
$BTC $ETH $BNB
#Biden #Biden #Biden #Biden #Biden
U.S. President Joe Biden has just announced that he vetoed a House Joint Resolution aimed at repealing Staff Accounting Bulletin 121 (SAB 121) from the U.S. Securities and Exchange Commission (SEC).
🔍 **What is SAB 121?**
SAB 121 is an SEC accounting guideline that requires financial institutions holding cryptocurrencies for customers to keep these assets on their own balance sheets. Critics argue this makes it challenging for financial institutions to collaborate with crypto companies.
During his veto decision, President Biden emphasized his commitment to protecting consumers and investors, stating he won't support "any measures that would jeopardize the welfare of consumers and investors." 🛡️
“By invoking the Congressional Review Act, this Republican-led decision would inappropriately restrict the SEC's ability to establish appropriate guardrails and address future issues,” Biden explained.
He reiterated his desire to work with Congress on legislation for the digital asset market, stressing the need for "appropriate guardrails that protect consumers and investors." 🏦👥
Earlier on Friday, Senator Ron Wyden (D-Ore.), a member of Biden's party who voted for the resolution, expressed concerns at the Consensus 2024 conference. He noted that this guidance sets a different standard for crypto compared to other assets in the financial sector.
$BTC $ETH $BNB
#Biden #Biden #Biden #Biden #Biden
PINNED
🎉🚀 Dear Binance Square Community🚀🎉
I am absolutely thrilled to announce that we've reached a remarkable milestone together: 200,000 followers! 🎊🎈
🙌 Your unwavering support, enthusiasm, and engagement have propelled us to new heights. Whether you're a seasoned crypto trader, a curious newcomer, or simply a passionate advocate for blockchain technology, your presence in our community is invaluable. 🌟
🌐 Binance Square is more than just a platform; it's a vibrant ecosystem where ideas flourish, knowledge is shared, and friendships are forged. From insightful discussions about the latest market trends to celebrating the highs and navigating the lows, each one of you contributes to the heartbeat of our community. 📈💙
🙏 Thank You 🙏
🌟 To our dedicated moderators and admins: Your tireless efforts in maintaining a positive and informative space do not go unnoticed. You're the unsung heroes who keep the conversations respectful and the memes hilarious. 🛡️👏
🌟 To the developers, analysts, and researchers: Your expertise fuels our collective understanding of cryptocurrencies. Your charts, analyses, and predictions light the way through the crypto wilderness. 📊🔍
🌟 To the traders and hodlers: Your passion and resilience inspire us all. Whether you're riding the bull or weathering the bear, you're the heartbeat of Binance Square. 💪💎
🌟 To the meme lords and GIF aficionados: Your creativity adds color to our days. Keep those memes coming—they're the glue that binds us! 🎨😄
🌟 To Binance Square Team: Your vision, dedication, and commitment to excellence have transformed this community into a thriving hub. Thank you for creating a space where knowledge flows freely, and friendships are forged. 🙌🌐
🚀 Let's continue to learn, grow, and celebrate together. The journey ahead is filled with exciting developments, regulatory shifts, and perhaps even a moonshot or two. 🌙🚀
#200K #ThankYou #BinanceSquare
I am absolutely thrilled to announce that we've reached a remarkable milestone together: 200,000 followers! 🎊🎈
🙌 Your unwavering support, enthusiasm, and engagement have propelled us to new heights. Whether you're a seasoned crypto trader, a curious newcomer, or simply a passionate advocate for blockchain technology, your presence in our community is invaluable. 🌟
🌐 Binance Square is more than just a platform; it's a vibrant ecosystem where ideas flourish, knowledge is shared, and friendships are forged. From insightful discussions about the latest market trends to celebrating the highs and navigating the lows, each one of you contributes to the heartbeat of our community. 📈💙
🙏 Thank You 🙏
🌟 To our dedicated moderators and admins: Your tireless efforts in maintaining a positive and informative space do not go unnoticed. You're the unsung heroes who keep the conversations respectful and the memes hilarious. 🛡️👏
🌟 To the developers, analysts, and researchers: Your expertise fuels our collective understanding of cryptocurrencies. Your charts, analyses, and predictions light the way through the crypto wilderness. 📊🔍
🌟 To the traders and hodlers: Your passion and resilience inspire us all. Whether you're riding the bull or weathering the bear, you're the heartbeat of Binance Square. 💪💎
🌟 To the meme lords and GIF aficionados: Your creativity adds color to our days. Keep those memes coming—they're the glue that binds us! 🎨😄
🌟 To Binance Square Team: Your vision, dedication, and commitment to excellence have transformed this community into a thriving hub. Thank you for creating a space where knowledge flows freely, and friendships are forged. 🙌🌐
🚀 Let's continue to learn, grow, and celebrate together. The journey ahead is filled with exciting developments, regulatory shifts, and perhaps even a moonshot or two. 🌙🚀
#200K #ThankYou #BinanceSquare
Hey there! 🚀 Let's dive into the exciting world of crypto and talk about the latest buzz around Ethereum ETFs. 🌐
The U.S. Securities and Exchange Commission (SEC) has been busy setting a deadline for the amended S-1 forms for spot Ethereum ETFs. They've given issuers until this Friday to get their paperwork in order, which is a big step towards trading approval¹. 📅
VanEck, a big name in asset management, is super thrilled because the SEC has given the green light to their spot ether ETF to be listed and traded on the Chicago Board Options Exchange (CBOE)⁴. This is huge because it means more legal wins and more investments in Ethereum and other blockchains are on the horizon. 🎉
Analysts at VanEck are even calling Ethereum 'Digital Oil' because it fuels all the activity on the Ethereum network². They're predicting that the price of ETH could soar to a whopping $22,000 by 2030! 📈
But wait, there's a twist! Ethereum's price took a little dip after Hong Kong announced plans to allow staking features in their spot ETH ETFs³. It's a bit of a rollercoaster, but that's crypto for you! 🎢
So, what's the takeaway? Well, it looks like Ethereum is making some serious moves, and the world is taking notice. Whether you're a seasoned crypto trader or just curious about the market, these developments are definitely worth keeping an eye on. 💼👀
Stay tuned for more updates, and let's see where this crypto journey takes us! 🌟
$ETH
#ETH🔥🔥🔥🔥 #ETHETFsApproved #EtheruemETF #EthereumETFApprovalExpectations
The U.S. Securities and Exchange Commission (SEC) has been busy setting a deadline for the amended S-1 forms for spot Ethereum ETFs. They've given issuers until this Friday to get their paperwork in order, which is a big step towards trading approval¹. 📅
VanEck, a big name in asset management, is super thrilled because the SEC has given the green light to their spot ether ETF to be listed and traded on the Chicago Board Options Exchange (CBOE)⁴. This is huge because it means more legal wins and more investments in Ethereum and other blockchains are on the horizon. 🎉
Analysts at VanEck are even calling Ethereum 'Digital Oil' because it fuels all the activity on the Ethereum network². They're predicting that the price of ETH could soar to a whopping $22,000 by 2030! 📈
But wait, there's a twist! Ethereum's price took a little dip after Hong Kong announced plans to allow staking features in their spot ETH ETFs³. It's a bit of a rollercoaster, but that's crypto for you! 🎢
So, what's the takeaway? Well, it looks like Ethereum is making some serious moves, and the world is taking notice. Whether you're a seasoned crypto trader or just curious about the market, these developments are definitely worth keeping an eye on. 💼👀
Stay tuned for more updates, and let's see where this crypto journey takes us! 🌟
$ETH
#ETH🔥🔥🔥🔥 #ETHETFsApproved #EtheruemETF #EthereumETFApprovalExpectations
Loopring (LRC) Technical Analysis:
Loopring (LRC) is currently exhibiting signs of a bullish continuation pattern within its price chart. The formation of an ascending triangle pattern, characterized by a flat upper trendline acting as resistance and a rising lower trendline acting as support, suggests a consolidation phase preceding a potential upward breakout.
**Key Observations:**
- The inverse head and shoulders pattern, which is visible on the chart, is typically recognized as a reversal pattern that indicates the end of a downtrend and the start of an uptrend.
- The presence of both an ascending triangle and an inverse head and shoulders pattern reinforces the bullish bias for LRC.
**Technical Indicators:**
- The Relative Strength Index (RSI), a momentum oscillator that measures the speed and change of price movements, is currently below the midline, indicating that there is room for upward movement before the asset becomes overbought.
- The resistance zone marked on the chart will be a critical area to watch, as a breakout above this level could confirm the bullish trend.
**Potential Outcomes:**
- A successful breakout from the ascending triangle could lead to a significant price appreciation, with the next resistance levels to watch being the recent highs.
- Conversely, if LRC fails to break the resistance and instead breaks below the ascending support line, it could invalidate the bullish patterns and potentially lead to a retest of lower support zones.
**Conclusion:**
While the current patterns and indicators suggest a bullish outlook for LRC, it is essential for traders to closely monitor price action and volume as LRC approaches the apex of the ascending triangle. A breakout with substantial volume would lend credence to the bullish scenario, whereas a breakdown would necessitate a reassessment of the market's direction.
$LRC
#LRC/USDT #Loopring #LRC #LRCUSDT
Loopring (LRC) is currently exhibiting signs of a bullish continuation pattern within its price chart. The formation of an ascending triangle pattern, characterized by a flat upper trendline acting as resistance and a rising lower trendline acting as support, suggests a consolidation phase preceding a potential upward breakout.
**Key Observations:**
- The inverse head and shoulders pattern, which is visible on the chart, is typically recognized as a reversal pattern that indicates the end of a downtrend and the start of an uptrend.
- The presence of both an ascending triangle and an inverse head and shoulders pattern reinforces the bullish bias for LRC.
**Technical Indicators:**
- The Relative Strength Index (RSI), a momentum oscillator that measures the speed and change of price movements, is currently below the midline, indicating that there is room for upward movement before the asset becomes overbought.
- The resistance zone marked on the chart will be a critical area to watch, as a breakout above this level could confirm the bullish trend.
**Potential Outcomes:**
- A successful breakout from the ascending triangle could lead to a significant price appreciation, with the next resistance levels to watch being the recent highs.
- Conversely, if LRC fails to break the resistance and instead breaks below the ascending support line, it could invalidate the bullish patterns and potentially lead to a retest of lower support zones.
**Conclusion:**
While the current patterns and indicators suggest a bullish outlook for LRC, it is essential for traders to closely monitor price action and volume as LRC approaches the apex of the ascending triangle. A breakout with substantial volume would lend credence to the bullish scenario, whereas a breakdown would necessitate a reassessment of the market's direction.
$LRC
#LRC/USDT #Loopring #LRC #LRCUSDT
Wow, that's a stellar achievement,
Binance! 🌟 **200 million registered users** is no small feat; it's a testament to the trust and enthusiasm you've garnered from the crypto community.
🎉 A huge shoutout to every single member who's been part of this journey.
🙌 Let's keep up the momentum and keep soaring to new heights! 🚀
#Binance200M #Binance
Binance! 🌟 **200 million registered users** is no small feat; it's a testament to the trust and enthusiasm you've garnered from the crypto community.
🎉 A huge shoutout to every single member who's been part of this journey.
🙌 Let's keep up the momentum and keep soaring to new heights! 🚀
#Binance200M #Binance
ChainLink (LINK) Price Analysis:
The ChainLink (LINK) token has experienced a pivotal movement as it breached the dynamic support, indicated by the descending trendline on the Binance exchange platform. The price action has led LINK to test the immediate support zone between **$15.10 and $16.00**.
**Key Observations:**
- The breach of dynamic support suggests a bearish momentum, which is further substantiated by the increase in sell-side volume.
- A sustained break below this support zone could potentially trigger a more pronounced decline in price.
- Technical indicators must be monitored closely, particularly the sell-side volume, as it will play a crucial role in determining the strength of the current support level.
**Potential Outcomes:**
- Should the selling pressure persist and the support of **$15.10-$16.00** fails to hold, we may witness a descent towards the significant support range of **$11.830-$12.500**.
- This support range is of paramount importance, having historically provided robust support on multiple occasions.
**Technical Significance:**
- The **$11.830-$12.500** support range is critical; a decisive close below this level could alter the medium-term bullish narrative for LINK.
- Traders and investors should consider the historical significance of this support level when making trading decisions.
**Conclusion:**
The current technical structure of LINK suggests caution among traders. The market's response to these key support levels will be instrumental in determining the future price trajectory of LINK. It is advisable for market participants to employ risk management strategies and stay updated with market developments.
$LINK
#LINK #Chainlink #LINKUSDT #LINKPrice #LINK/USDT @Chainlink
The ChainLink (LINK) token has experienced a pivotal movement as it breached the dynamic support, indicated by the descending trendline on the Binance exchange platform. The price action has led LINK to test the immediate support zone between **$15.10 and $16.00**.
**Key Observations:**
- The breach of dynamic support suggests a bearish momentum, which is further substantiated by the increase in sell-side volume.
- A sustained break below this support zone could potentially trigger a more pronounced decline in price.
- Technical indicators must be monitored closely, particularly the sell-side volume, as it will play a crucial role in determining the strength of the current support level.
**Potential Outcomes:**
- Should the selling pressure persist and the support of **$15.10-$16.00** fails to hold, we may witness a descent towards the significant support range of **$11.830-$12.500**.
- This support range is of paramount importance, having historically provided robust support on multiple occasions.
**Technical Significance:**
- The **$11.830-$12.500** support range is critical; a decisive close below this level could alter the medium-term bullish narrative for LINK.
- Traders and investors should consider the historical significance of this support level when making trading decisions.
**Conclusion:**
The current technical structure of LINK suggests caution among traders. The market's response to these key support levels will be instrumental in determining the future price trajectory of LINK. It is advisable for market participants to employ risk management strategies and stay updated with market developments.
$LINK
#LINK #Chainlink #LINKUSDT #LINKPrice #LINK/USDT @Chainlink
On Friday, the US Bitcoin (BTC) 🪙-Spot ETF market saw a pretty solid amount of cash coming in, with **$131.0 million** making its way into the market. That's a bit less than Thursday's **$217.7 million**, but hey, the market ebbs and flows, right? 🌊
Now, the US Jobs Report came out, and it was sizzling 🌡️— more jobs than people expected. This kind of shook things up for BTC buyers and the crypto crew at large. When the job market is hot, it can mean the Federal Reserve might hike up interest rates to keep inflation in check, which can make investors a bit jittery about putting their money into riskier assets like crypto.
So, what's next for Saturday, June 8? Well, the vibe 🧘♂️ of the market and how people are feeling about the Fed's next moves will play a big part in whether they're buying up more BTC or hitting the pause button. It's all about the sentiment and those ETF fund flows. Stay tuned! 📈
And just to give you a visual, the chart you shared shows the ups and downs of money moving in and out of Bitcoin ETFs, along with the Bitcoin price dance. It's like a financial symphony, and every note matters. 🎶
Hope that adds a bit of color to the numbers! If you've got more questions or need further insights, feel free to ask. Happy trading! 💼📊
#bitcoin #ETFvsBTC #ETF✅ #ETFsApproval
Now, the US Jobs Report came out, and it was sizzling 🌡️— more jobs than people expected. This kind of shook things up for BTC buyers and the crypto crew at large. When the job market is hot, it can mean the Federal Reserve might hike up interest rates to keep inflation in check, which can make investors a bit jittery about putting their money into riskier assets like crypto.
So, what's next for Saturday, June 8? Well, the vibe 🧘♂️ of the market and how people are feeling about the Fed's next moves will play a big part in whether they're buying up more BTC or hitting the pause button. It's all about the sentiment and those ETF fund flows. Stay tuned! 📈
And just to give you a visual, the chart you shared shows the ups and downs of money moving in and out of Bitcoin ETFs, along with the Bitcoin price dance. It's like a financial symphony, and every note matters. 🎶
Hope that adds a bit of color to the numbers! If you've got more questions or need further insights, feel free to ask. Happy trading! 💼📊
#bitcoin #ETFvsBTC #ETF✅ #ETFsApproval
This Degen Turned $464 Into $11.8 Million Last Season
$GME: 214x
$WIF : 581x
$POPCAT: 1131x
I made $250k last week, copying his trades
Here're 6 new tokens, accumulated by insider 🧵👇
➮ Before we begin, could I ask you a favor?
☩ I've invested a lot of time into this research and truly value any interaction you've had with this Article!
☩ Please bookmark, repost, or simply give it a like if u can.
2/➮ This degen started with a balance of $464 in February.
☩ His portfolio reached the ATH on May 5th, valued at $15.9 million
☩ Realized PnL: $5,705,333
☩ Unrealized PnL: $8,699,866
3/➮ His first profit was made on $GME.
☩ He accumulated the coin at the end of March while price was dumping.
☩ After @TheRoaringKitty
returned, price of $GME pumped from $3M mc to $175M.
☩ Total Profit: $1,631,978.
4/➮ I called $GME at $5.3M mcap
☩ Now it's trading at $178M (33x)
5/➮ His second massive profit came from $POPCAT
☩ Whale was accumulating the meme throughout entire February
☩ After a month of holding, his asset was valued at 7 figures
☩ Total Profit: $4,760,871
6/➮ This chart clearly shows his early point.
☩ Many smart wallets achieve this with the help of sniper bots.
☩ BONKbot for SOL: https://tinyurl.com/3fax7he5
☩ Open Bot in TG
☩ Deposit SOL in ur wallet
☩ Now u can snipe tokens by entering CA
7/➮ His biggest profit came from $WIF
☩ Whale accumulated most of the coin in early January.
☩ As the price began to surge, the smart wallet started shifting $WIF into other meme coins.
☩ Total Profit: $5,866,932
8/➮ Many DM me, asking: "How can I track smart wallets on SOL"
☩ I recently found all-in-one tool for this purpose and use it daily
☩ Portfolio Tracking
☩ PnL Tracking
☩ SOL network
☩ Here's link with 43% off: https://tinyurl.com/ytutr8f9
9/➮ Exploring his trading history showed me which coins he's accumulating rn
☩ But remember, some of these meme coins are high-risk alts due to their small mc!
☩ Pls only invest money you can afford to lose, and always DYOR!
10/➮ $JENNER l @Caitlyn_Jenner
☩ Jenner is a meme coin associated with Caitlyn Jenner. It created significant buzz due to Jenner's celebrity status.
☩ MC: $9.3M
☩ Price: $0.0093
☩ Whale invested: $58,552
11/➮ $HAMMY l @HammyCommunity
☩ Sad Hamster, also known as Hamster with Big Eyes refers to a series of TikTok videos featuring a grey hamster with comically oversized eyes.
☩ Mcap: $28.4M
☩ Price: $0.0284
☩ Whale invested: $32,840
12/➮ $SC l @SharkCatSolana
☩ The project features a cat with a shark hat as its mascot and has gained significant attention within the crypto community.
☩ MC: $112.9M
☩ Price: $0.113
☩ Whale invested: $215,521
13/➮ $VCAT l @VibingCatSolana
☩ Vibing Cat isn't just a sensation; it's a purr-fect cultural icon, the beacon of positive vibes and feline charm
☩ MC: $3.1M
☩ Price: $2.57
☩ Whale invested: $89,155
Follow me @Crypto PM
I hope you found this research helpful
#bitcoin #Binance #Web3 #solana #MemeWatch2024
$WIF : 581x
$POPCAT: 1131x
I made $250k last week, copying his trades
Here're 6 new tokens, accumulated by insider 🧵👇
➮ Before we begin, could I ask you a favor?
☩ I've invested a lot of time into this research and truly value any interaction you've had with this Article!
☩ Please bookmark, repost, or simply give it a like if u can.
2/➮ This degen started with a balance of $464 in February.
☩ His portfolio reached the ATH on May 5th, valued at $15.9 million
☩ Realized PnL: $5,705,333
☩ Unrealized PnL: $8,699,866
3/➮ His first profit was made on $GME.
☩ He accumulated the coin at the end of March while price was dumping.
☩ After @TheRoaringKitty
returned, price of $GME pumped from $3M mc to $175M.
☩ Total Profit: $1,631,978.
4/➮ I called $GME at $5.3M mcap
☩ Now it's trading at $178M (33x)
5/➮ His second massive profit came from $POPCAT
☩ Whale was accumulating the meme throughout entire February
☩ After a month of holding, his asset was valued at 7 figures
☩ Total Profit: $4,760,871
6/➮ This chart clearly shows his early point.
☩ Many smart wallets achieve this with the help of sniper bots.
☩ BONKbot for SOL: https://tinyurl.com/3fax7he5
☩ Open Bot in TG
☩ Deposit SOL in ur wallet
☩ Now u can snipe tokens by entering CA
7/➮ His biggest profit came from $WIF
☩ Whale accumulated most of the coin in early January.
☩ As the price began to surge, the smart wallet started shifting $WIF into other meme coins.
☩ Total Profit: $5,866,932
8/➮ Many DM me, asking: "How can I track smart wallets on SOL"
☩ I recently found all-in-one tool for this purpose and use it daily
☩ Portfolio Tracking
☩ PnL Tracking
☩ SOL network
☩ Here's link with 43% off: https://tinyurl.com/ytutr8f9
9/➮ Exploring his trading history showed me which coins he's accumulating rn
☩ But remember, some of these meme coins are high-risk alts due to their small mc!
☩ Pls only invest money you can afford to lose, and always DYOR!
10/➮ $JENNER l @Caitlyn_Jenner
☩ Jenner is a meme coin associated with Caitlyn Jenner. It created significant buzz due to Jenner's celebrity status.
☩ MC: $9.3M
☩ Price: $0.0093
☩ Whale invested: $58,552
11/➮ $HAMMY l @HammyCommunity
☩ Sad Hamster, also known as Hamster with Big Eyes refers to a series of TikTok videos featuring a grey hamster with comically oversized eyes.
☩ Mcap: $28.4M
☩ Price: $0.0284
☩ Whale invested: $32,840
12/➮ $SC l @SharkCatSolana
☩ The project features a cat with a shark hat as its mascot and has gained significant attention within the crypto community.
☩ MC: $112.9M
☩ Price: $0.113
☩ Whale invested: $215,521
13/➮ $VCAT l @VibingCatSolana
☩ Vibing Cat isn't just a sensation; it's a purr-fect cultural icon, the beacon of positive vibes and feline charm
☩ MC: $3.1M
☩ Price: $2.57
☩ Whale invested: $89,155
Follow me @Crypto PM
I hope you found this research helpful
#bitcoin #Binance #Web3 #solana #MemeWatch2024
Bitcoin Price Analysis: A Technical Perspective 📊
The **#Bitcoin** market has exhibited a significant response to the established resistance zone between **\$72,000** and **\$74,000**. Concurrent with the dissemination of pertinent news, a noticeable retracement of approximately **4%** was observed.
Currently, Bitcoin's valuation has revisited the lower boundary of the prevailing ascending channel. The presence of a negative divergence on the chart is conspicuous. Should Bitcoin fail to sustain its position above this critical juncture, we anticipate a potential descent towards the support levels situated at **\$57,500** to **\$56,200**.
Investors and traders are advised to monitor these key technical thresholds closely, as they may dictate the near-term trajectory of Bitcoin's price action.
$BTC
#bitcoin #btc70k #BTC☀ #btc73k #BTC走势分析
The **#Bitcoin** market has exhibited a significant response to the established resistance zone between **\$72,000** and **\$74,000**. Concurrent with the dissemination of pertinent news, a noticeable retracement of approximately **4%** was observed.
Currently, Bitcoin's valuation has revisited the lower boundary of the prevailing ascending channel. The presence of a negative divergence on the chart is conspicuous. Should Bitcoin fail to sustain its position above this critical juncture, we anticipate a potential descent towards the support levels situated at **\$57,500** to **\$56,200**.
Investors and traders are advised to monitor these key technical thresholds closely, as they may dictate the near-term trajectory of Bitcoin's price action.
$BTC
#bitcoin #btc70k #BTC☀ #btc73k #BTC走势分析
Avalanche (AVAX) Price Analysis 🔥
Avalanche's (AVAX) valuation against Tether (USDT) has demonstrated a bullish breakout from an ascending triangle configuration, with a subsequent retest at the dynamic resistance level. This technical pattern indicates a potential upward momentum for the asset.
Upon meticulous examination of recent price action, AVAX has successfully breached the descending resistance trendline in the macro perspective. This development is corroborated by bullish indicators evident on the chart.
Provided AVAX sustains its current trajectory and eclipses the **$37.00** threshold, we anticipate initiating a considerable rally, marked by robust capital appreciation. In contrast, a retreat below the **$34.50** pivot point may precipitate a pronounced retracement, potentially directing the asset towards the foundational support zone delineated between **$32.40** and **$29.30**.
Investors and traders are advised to monitor these levels closely, as they may serve as critical junctures influencing AVAX's short to medium-term market valuation.
$AVAX
#AVAX #Avalanche #AvalancheAVAX #AVAX✈️ #AVAX✅
Avalanche's (AVAX) valuation against Tether (USDT) has demonstrated a bullish breakout from an ascending triangle configuration, with a subsequent retest at the dynamic resistance level. This technical pattern indicates a potential upward momentum for the asset.
Upon meticulous examination of recent price action, AVAX has successfully breached the descending resistance trendline in the macro perspective. This development is corroborated by bullish indicators evident on the chart.
Provided AVAX sustains its current trajectory and eclipses the **$37.00** threshold, we anticipate initiating a considerable rally, marked by robust capital appreciation. In contrast, a retreat below the **$34.50** pivot point may precipitate a pronounced retracement, potentially directing the asset towards the foundational support zone delineated between **$32.40** and **$29.30**.
Investors and traders are advised to monitor these levels closely, as they may serve as critical junctures influencing AVAX's short to medium-term market valuation.
$AVAX
#AVAX #Avalanche #AvalancheAVAX #AVAX✈️ #AVAX✅
💰 BTC was rejected at $72k and dropped by just 4%. Altcoins saw a massive capitulation of 10-15%.
So far, BTC has failed 4 times to break above $72k. The 5th attempt will break it and run towards $77k - $82k.
Overall, Bitcoin is Bullish 🚀 as long as there is no daily candle closing below $66.6k.
$BTC
#bitcoin #btc70k #BTC☀️ #btcupdates2024 #Bitcoin❗
So far, BTC has failed 4 times to break above $72k. The 5th attempt will break it and run towards $77k - $82k.
Overall, Bitcoin is Bullish 🚀 as long as there is no daily candle closing below $66.6k.
$BTC
#bitcoin #btc70k #BTC☀️ #btcupdates2024 #Bitcoin❗
📊 Urgent Btc Chart Update 📊
Wow, As perfect as it can get. Btc tapped Liquidity above 72k, grabbed late longs & had harsh rejection towards mentioned support 69k
So 72k ✅, 69k ✅
Market should consolidate between 68-70k before the final impulse move towards 80k. Thing to note here is btc dumped with pumped Dominance indicating it will be btc run only for the next 3-4 months & alts should take rest except for a few special ones.
@Crypto PM
$BTC
#bitcoin #BTC #Binance #BTCUSDT #BitcoinUpdate
Wow, As perfect as it can get. Btc tapped Liquidity above 72k, grabbed late longs & had harsh rejection towards mentioned support 69k
So 72k ✅, 69k ✅
Market should consolidate between 68-70k before the final impulse move towards 80k. Thing to note here is btc dumped with pumped Dominance indicating it will be btc run only for the next 3-4 months & alts should take rest except for a few special ones.
@Crypto PM
$BTC
#bitcoin #BTC #Binance #BTCUSDT #BitcoinUpdate
🚨 BTC drops to $68,800, resulting in $260 million crypto liquidation in 1 hours.
Is this a normal correction, or will BTC reach a new high this month?
🔥 - Yes, I believe BTC will make a new high this month
😢 - No, BTC will go down more
➡️ Follow For More Updates
#BTC #dump #MarketCrash #DumpandDump
Is this a normal correction, or will BTC reach a new high this month?
🔥 - Yes, I believe BTC will make a new high this month
😢 - No, BTC will go down more
➡️ Follow For More Updates
#BTC #dump #MarketCrash #DumpandDump
#AXS/USDT Mid-Term Technical Analysis
**Chart Observations:**
- The AXS/USDT pair has formed a classic **Inverse Head and Shoulders** pattern over the past 623 days, indicating a potential trend reversal from bearish to bullish.
- This pattern typically signifies the end of a downtrend and the beginning of an uptrend.
**Key Levels and Targets:**
1. **Immediate Support:** $8.45
2. **Inverse Head and Shoulders Neckline:** Approximately $11.00
**Projected Price Targets:**
1. **Target 1:** $20.80
- This level coincides with the 23.6% Fibonacci retracement, providing the first significant resistance after breaking the neckline.
2. **Target 2:** $31.30
- Aligns with the 38.2% Fibonacci retracement level, marking the second potential resistance area.
3. **Target 3:** $39.80
- Corresponds with the 50% Fibonacci retracement level, representing a major resistance and the final target in this analysis.
**Technical Indicators:**
- **Volume:** Increased trading volume supports the validity of the Inverse Head and Shoulders breakout.
- **Trend Analysis:** The long accumulation phase and the breakout suggest a strong bullish momentum.
**Conclusion:**
The AXS/USDT pair presents a promising mid-term investment opportunity, with a clearly defined bullish reversal pattern and multiple price targets. Investors should monitor the key support levels and target zones closely while considering market conditions and risk management strategies.
#AXS🔥🔥🔥 #AXSUSTD #AXSUSDT #AXS
**Chart Observations:**
- The AXS/USDT pair has formed a classic **Inverse Head and Shoulders** pattern over the past 623 days, indicating a potential trend reversal from bearish to bullish.
- This pattern typically signifies the end of a downtrend and the beginning of an uptrend.
**Key Levels and Targets:**
1. **Immediate Support:** $8.45
2. **Inverse Head and Shoulders Neckline:** Approximately $11.00
**Projected Price Targets:**
1. **Target 1:** $20.80
- This level coincides with the 23.6% Fibonacci retracement, providing the first significant resistance after breaking the neckline.
2. **Target 2:** $31.30
- Aligns with the 38.2% Fibonacci retracement level, marking the second potential resistance area.
3. **Target 3:** $39.80
- Corresponds with the 50% Fibonacci retracement level, representing a major resistance and the final target in this analysis.
**Technical Indicators:**
- **Volume:** Increased trading volume supports the validity of the Inverse Head and Shoulders breakout.
- **Trend Analysis:** The long accumulation phase and the breakout suggest a strong bullish momentum.
**Conclusion:**
The AXS/USDT pair presents a promising mid-term investment opportunity, with a clearly defined bullish reversal pattern and multiple price targets. Investors should monitor the key support levels and target zones closely while considering market conditions and risk management strategies.
#AXS🔥🔥🔥 #AXSUSTD #AXSUSDT #AXS
He Turned $53k Into $48 Million On GME
This is Roaring Kitty - one of the best retail traders to ever exist.
He turned $53k into $48 million on $GME.
He was offline for 3 years, and today he's back.
Here's his entire story: ur key to 10,000x trade this cycle 🧵👇
Before I begin, I have a favor to ask...
I spent a lot of time writing this article, trying to make genuinely useful for you, so if it's not too much trouble, please bookmark it, repost, leave a comment, or simply hit like 🤍
Quick Overview:
• Keith Gill or @ TheRoaringKitty
shared undervalued GameStop stock on his X page
• He bought it for $53k in 2019
• His bag peaked at $48 million during the GameStop surge
• Gill didn't post anything for 3 years but today he's back:
Who is @TheRoaringKitty
:Born '86 in Brockton, Keith Gill was a college track star.
After earning All-America honors in college he ventured into stock analysis.
In 2019, with bet on $GME he turned into investment icon & CT gigachad, who started memeszn in 2021.
How he did it:
He started his Twitter back in 2014 with a bio "hunting stocks and pouncing on investment opportunities."
In 2015, he also joined YouTube, where he regularly streamed, showcasing his trading & market research.
He also joined Reddit in 2019 under username DFV (DeepFuckingValue)
He used all these social media platforms to push his purchase of @GameStop
/ $GME at $53K in 2019.
He pushed hard, spamming Reddit, YouTube, and Twitter.
Other community members also supported his thesis, leading to a sharp spike in stock prices.
In 2021, $GME peaked at $483.
In Feb 2021, Gill testified to Congress, asserting GameStop was "dramatically undervalued."
Despite a class action lawsuit accusing him of causing "huge losses" to smol investors and violating securities laws, it was dismissed.
Ultimately, Gill earned approximately $48 million, becoming a gigachad, empowering his followers to profit and challenging traditional VCs.
His story underscores the media's potency in markets.
Here's how law professor Joshua Mitts highlighted meme stock rally's unique drivers:
The meme stock rally was propelled by a distinctive mix of elements:
• A surge of new retail traders entering the market
• Abundant liquidity stemming from pandemic stimulus measures and historically low interest rates
• Gill's reputedly substantial and consistent profits
This is particularly applicable in crypto. Here's what we can learn from this story:
1/➮ Strong influencers now have the power to sway markets. Just look at Ansem - he embodies $SOL and $WIF, and his contribution to their pumps is invaluable.
2/➮ Following many influencers can often lead to losses, but choosing the right figure is the easiest path to profit.
If infl and their thesis are strong, the crowd will follow him, which will form the commujnity and lead to pump.
And the crucial thing is just to be early.
3/➮ That's why meme coins have become so popular rn.
In this space, all players are on equal footing, without VCs dumping on u after each unlock from private rounds at 1000x lower valuations.
Maybe this meme szn will just keep going in a never-ending cycle.
Let's see.
➮ Liked this content? I write educational content daily, so don't forget to:
✧ Follow me @Crypto PM
#roaringkitty #GME #whalealert #whale #CRYPTOPM
He turned $53k into $48 million on $GME.
He was offline for 3 years, and today he's back.
Here's his entire story: ur key to 10,000x trade this cycle 🧵👇
Before I begin, I have a favor to ask...
I spent a lot of time writing this article, trying to make genuinely useful for you, so if it's not too much trouble, please bookmark it, repost, leave a comment, or simply hit like 🤍
Quick Overview:
• Keith Gill or @ TheRoaringKitty
shared undervalued GameStop stock on his X page
• He bought it for $53k in 2019
• His bag peaked at $48 million during the GameStop surge
• Gill didn't post anything for 3 years but today he's back:
Who is @TheRoaringKitty
:Born '86 in Brockton, Keith Gill was a college track star.
After earning All-America honors in college he ventured into stock analysis.
In 2019, with bet on $GME he turned into investment icon & CT gigachad, who started memeszn in 2021.
How he did it:
He started his Twitter back in 2014 with a bio "hunting stocks and pouncing on investment opportunities."
In 2015, he also joined YouTube, where he regularly streamed, showcasing his trading & market research.
He also joined Reddit in 2019 under username DFV (DeepFuckingValue)
He used all these social media platforms to push his purchase of @GameStop
/ $GME at $53K in 2019.
He pushed hard, spamming Reddit, YouTube, and Twitter.
Other community members also supported his thesis, leading to a sharp spike in stock prices.
In 2021, $GME peaked at $483.
In Feb 2021, Gill testified to Congress, asserting GameStop was "dramatically undervalued."
Despite a class action lawsuit accusing him of causing "huge losses" to smol investors and violating securities laws, it was dismissed.
Ultimately, Gill earned approximately $48 million, becoming a gigachad, empowering his followers to profit and challenging traditional VCs.
His story underscores the media's potency in markets.
Here's how law professor Joshua Mitts highlighted meme stock rally's unique drivers:
The meme stock rally was propelled by a distinctive mix of elements:
• A surge of new retail traders entering the market
• Abundant liquidity stemming from pandemic stimulus measures and historically low interest rates
• Gill's reputedly substantial and consistent profits
This is particularly applicable in crypto. Here's what we can learn from this story:
1/➮ Strong influencers now have the power to sway markets. Just look at Ansem - he embodies $SOL and $WIF, and his contribution to their pumps is invaluable.
2/➮ Following many influencers can often lead to losses, but choosing the right figure is the easiest path to profit.
If infl and their thesis are strong, the crowd will follow him, which will form the commujnity and lead to pump.
And the crucial thing is just to be early.
3/➮ That's why meme coins have become so popular rn.
In this space, all players are on equal footing, without VCs dumping on u after each unlock from private rounds at 1000x lower valuations.
Maybe this meme szn will just keep going in a never-ending cycle.
Let's see.
➮ Liked this content? I write educational content daily, so don't forget to:
✧ Follow me @Crypto PM
#roaringkitty #GME #whalealert #whale #CRYPTOPM
Semler Scientific, a Nasdaq-listed medical device manufacturer, has significantly expanded its Bitcoin holdings with its latest acquisition. This purchase increases the firm's total Bitcoin assets to 828 BTC. Additionally, Semler Scientific has announced plans for an additional $150 million investment in Bitcoin.
$BTC
#Semler #BTC #Bitcoin
$BTC
#Semler #BTC #Bitcoin
$#PYTH/USDT Price Analysis
#### Falling Wedge Pattern Breakdown
- **Chart Pattern:** A falling wedge pattern has been identified, indicating a potential bullish reversal.
- **Breakout:** The price has successfully broken out of the descending resistance of the wedge.
- **Retest:** The breakout was followed by a retest, confirming the validity of the breakout.
#### Key Levels to Watch
- **Support Zone:** $0.380 - $0.400
- **Resistance Levels:**
- $0.500 (Intermediate resistance)
- $0.577
- $0.863 (Maximum expected price target)
#### Volume Analysis
- **Volume Profile:** The volume has shown an increase around the breakout point, adding confidence to the bullish outlook.
#### Expected Movement
- **Bullish Wave:** Following the breakout and successful retest, a bullish wave is expected to propel the price towards the resistance levels.
- **Price Targets:**
- **First Target:** $0.500
- **Second Target:** $0.577
- **Final Target:** $0.863
$PYTH
#PYTHUSDT #PythNetwork #Pyth #PYTH/USDT.
#### Falling Wedge Pattern Breakdown
- **Chart Pattern:** A falling wedge pattern has been identified, indicating a potential bullish reversal.
- **Breakout:** The price has successfully broken out of the descending resistance of the wedge.
- **Retest:** The breakout was followed by a retest, confirming the validity of the breakout.
#### Key Levels to Watch
- **Support Zone:** $0.380 - $0.400
- **Resistance Levels:**
- $0.500 (Intermediate resistance)
- $0.577
- $0.863 (Maximum expected price target)
#### Volume Analysis
- **Volume Profile:** The volume has shown an increase around the breakout point, adding confidence to the bullish outlook.
#### Expected Movement
- **Bullish Wave:** Following the breakout and successful retest, a bullish wave is expected to propel the price towards the resistance levels.
- **Price Targets:**
- **First Target:** $0.500
- **Second Target:** $0.577
- **Final Target:** $0.863
$PYTH
#PYTHUSDT #PythNetwork #Pyth #PYTH/USDT.
A potential bullish breakout from a falling wedge pattern for the SUN/USDT pair. Here’s a more detailed analysis based on the chart:
1. **Falling Wedge Pattern**: This is a bullish reversal pattern, often signaling a potential trend change from a downtrend to an uptrend. The pattern is identified by converging trend lines that slope downward.
2. **Breakout Point**: The chart shows a breakout above the upper resistance trend line of the wedge, which is marked by a dashed line. This breakout suggests the end of the downtrend and the beginning of a potential upward movement.
3. **Resistance and Support Zones**:
- **Support Zone**: Marked near the 0.0123 USDT level, this area has acted as a price floor, preventing further decline.
- **Resistance Zone**: Located around the 0.0175 USDT level, this is the target area where price might face selling pressure.
4. **Volume Profile**: The visible volume on the right side of the chart indicates where most trading activity has occurred. Increased volume near the breakout point can be a strong confirmation of the bullish move.
5. **Moving Average (MA 50)**: The 50-period moving average is shown and might act as a dynamic support or resistance level. In this case, it seems to be slightly above the current price, indicating potential resistance.
6. **Target Price**: Based on the breakout and the chart’s projection, a potential target is the resistance zone around 0.0175 USDT. This aligns with the measured move technique often used in wedge patterns, where the price could rise by the same height as the broadest part of the wedge.
### Strategy Considerations:
- **Entry Point**: Consider entering a long position at or just above the breakout level, ensuring confirmation of the breakout with sustained volume.
- **Stop Loss**: A stop loss could be placed below the breakout point or below the recent swing low to manage risk.
- **Take Profit**: The initial take profit target could be set near the resistance zone around 0.0175 USDT.
#SUNUSDT #SUN #SunNetwork $SUN
1. **Falling Wedge Pattern**: This is a bullish reversal pattern, often signaling a potential trend change from a downtrend to an uptrend. The pattern is identified by converging trend lines that slope downward.
2. **Breakout Point**: The chart shows a breakout above the upper resistance trend line of the wedge, which is marked by a dashed line. This breakout suggests the end of the downtrend and the beginning of a potential upward movement.
3. **Resistance and Support Zones**:
- **Support Zone**: Marked near the 0.0123 USDT level, this area has acted as a price floor, preventing further decline.
- **Resistance Zone**: Located around the 0.0175 USDT level, this is the target area where price might face selling pressure.
4. **Volume Profile**: The visible volume on the right side of the chart indicates where most trading activity has occurred. Increased volume near the breakout point can be a strong confirmation of the bullish move.
5. **Moving Average (MA 50)**: The 50-period moving average is shown and might act as a dynamic support or resistance level. In this case, it seems to be slightly above the current price, indicating potential resistance.
6. **Target Price**: Based on the breakout and the chart’s projection, a potential target is the resistance zone around 0.0175 USDT. This aligns with the measured move technique often used in wedge patterns, where the price could rise by the same height as the broadest part of the wedge.
### Strategy Considerations:
- **Entry Point**: Consider entering a long position at or just above the breakout level, ensuring confirmation of the breakout with sustained volume.
- **Stop Loss**: A stop loss could be placed below the breakout point or below the recent swing low to manage risk.
- **Take Profit**: The initial take profit target could be set near the resistance zone around 0.0175 USDT.
#SUNUSDT #SUN #SunNetwork $SUN
📌 The approval of U. S. spot Ether ETF will depend on how quickly issuers can respond to comments from the Securities and Exchange Commission, says chairman Gary Gensler.
#grayscale #BTC #SpotETF #GaryGensler
#grayscale #BTC #SpotETF #GaryGensler
