#PEPE What Did Whales Do?
It has been observed that the price of Pepe is heavily influenced by whale addresses as they tend to hold the majority of the circulating supply. This is both a blessing and a bane as they dictate price action for the rest of the investors.
Currently, their dominance is a blessing because over the last few days these whales have been adding more and more tokens to their wallets. Major wallet holders purchased more than 4 trillion PEPE worth over $20 million in the last ten days alone.
PEPE price has a chance to recover as medium-term holders tend to avoid selling for at least 12 months.
PEPE Price Prediction: Frog May Jump 60%.
This bullish pattern, also known as a falling wedge, is characterized by a narrowing price range and decreasing highs and lows, indicating a potential upside breakout.
Based on this formation and bullish cues from traders, the target is set at 60% above the breakout point at $0.00000633 after a potential breakout. This would result in memecoin not only surpassing the $0.00001000 mark but also establishing new all-time highs.
However, if PEPE price drops and loses the $0.00000474 support before it can break out, it will invalidate the bullish thesis. As a result, the frog meme token will fall below $0.00000400.

$SHIB
$WIF
In 1929 the stock market crashed 90%
In 1973 the stock market crashed 50%
In 1987 the stock market crashed 35%
In 2008 the stock market crashed 55%
In 2020 the stock market crashed 35%
And recovered to all-time highs each and every time.
Since 1926, the stock market has returned an average 10.5% per year.
Never let short-term fear control long-term decisions.
- Stay updated with Professor Mende
#WIF #etf #BinanceLaunchpool #bitcoinhakving  #SHIB

JUST IN: 🇩🇪 🇺🇸 U.S. is now Germany’s biggest trading partner— overtaking China, says CNBC

The moment when you feel most uncomfortable buying Altcoins is often the best time imo.

Not financial advice, but this is probably one of the best entries for $NGL here as long as the falling wedge holds.

One of my top coins for this cycle.

#LUNC SOON 🚀🚀🚀🚀🌕

Pick 2 only

$Sol
$Jasmy
$Eth
$Gala
$Ada
$Xrp
$Icp
$Ach
$Wtk
$Velo
$Hbar
$Algo
$Qnt

👇

For several cycles, and especially this one, the Weekly Parabolic SAR has been a pretty accurate #Bitcoin    bottom indicator with each bearish flip.

The Parabolic SAR dots flip to the upside or downside once price passes their mark.

Bearish flips (blue arrows) normally seem... bearish, but the Weekly time frame causes this to lag and each flip has perfectly coincided with the weeks of local lows this bull market.

All local lows this cycle have lined up perfectly with the first bearish flip.

Will May 2024 be the 5th?

The #Bitcoin    dominance has still peaked at 57.50%, and the chances are increasing week after week.

AN OLD BITCOIN WALLET FROM 2011 JUST MOVED OVER $30,000,000 WORTH OF $BTC . THE OWNER HODLED IT ALL THE WAY FROM $2 TO $61,000

#Bitcoin   

UPDATE - lots of questions regarding our "Wyckoff Distribution" Thread (pinned).

Boring PA right now - where are we headed? Let's take a look, answer 5 important questions and see our 2024 price prediction:

1) Where is the bottom?
It's all a matter of semantics - the distribution refers to a potential local bottom. We have previously identified two possible supports: 56k and 52k. The first one has been hit (Spring). The second one is still not off the table as long as the "point of control" (67k - see attached post) at 67k remains resistance and is not broken.

2) Wyckoff Distribution?
back to the semantics question: If we do not see a worsening of the newsflow (e.g. escalation of the war or some other macroeconomic stuff), the current pattern can be interpreted as a wyckoff distribution ending at e.g. 56 or 52k - or a Wyckoff reaccumulation (see chart)

3) What about timing - when will we go up again?
"Sell in May and go away, but remember to come back in September!" This old stock market mantra may show us the way. Although halving lies in the past, we could continue the "boring" market phase for another 2 or 3 months - with renewed buying interest after the summer break (August / September)

4) What is your price prediction?
Hard to say - however, we still believe in 100k this year. Most likely this will be the case towards the end of the year (Q4 2024). For Q2 and Q3 we see price chopping between 52 - 75k (fakeouts included).

5) Why is BTC not skyrocketing after halving
It is a misconception that BTC instantly rallies after halving. This usually takes up to half a year until the post-halving rally finally kicks in. This being said: we are not at the end of the cycle.