๐ CQ: #BTC is below its 365-day moving average ($102k), a key technical and psychological support level last broken at the start of the 2022 bear market.
If the price fails to regain it, data suggests that the next support will be around $72k - the minimum realized price of traders.
If the price fails to regain it, data suggests that the next support will be around $72k - the minimum realized price of traders.
๐๐ค #BTC Over the past few months, there was a record sale of Bitcoins yesterday.
The sellers were mostly small traders (Fidelity). BlackRock managed to keep their clients from panicking when the 100K mark was broken.
The bullish trend is not over yet, but optimism has decreased noticeably.
The sellers were mostly small traders (Fidelity). BlackRock managed to keep their clients from panicking when the 100K mark was broken.
The bullish trend is not over yet, but optimism has decreased noticeably.
๐ฑ1
Forwarded from Bitunix Official
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๐บ๐ธ๐ฃ #BTC President Trump says crypto "takes a lot of pressure off the dollar. It does a lot of good things. We're making the US the Bitcoin superpower, the crypto capital of the world".
๐๐ค #BTC supply at a loss reaches 30%. This level has historically preceded major rallies - CryptoQuant
๐ซก #BTC Jim Cramer gave another reversal signal. After his latest post, the market began to grow rapidly.
๐ #XRP's price has bounced back, and users who bought the dip have enjoyed a nice +12% jump in the past 24 hours. Notably, XRP Ledger data indicates there were 21,595 new XRP wallets created in a 48-hour span in the past couple days, the highest level of growth in 8 months.
๐๐ #BTC enters a full compression phase, where a bottom could begin to form, but it must not close below the red line (EMA 55) around $97.5Kโ$99K. Holding this zone keeps the bullish structure alive.
๐๐ค Swissblock: Meanwhile, altcoins may continue drifting lower as BTC stabilizes. There are constructive signs suggesting Bitcoin can rebuild for a new bullish leg once a bottom forms, though this process will take time; thereโs no V-shape recovery in sight.
If #BTC stabilizes, downside for alts should remain limited, but until constructive Bitcoin signals appear, patience is essential.
If #BTC stabilizes, downside for alts should remain limited, but until constructive Bitcoin signals appear, patience is essential.
๐๐ค #BTC Alphractal: The Liquidations That Could Change Bitcoinโs Game
Whether itโs the 3-month or 6-month Liquidation Levels, the signal is clear: if BTC climbs back above $120K, a massive wave of short positions will be liquidated aggressively.
While many traders are convinced weโre in a bear market, leverage data tells a very different story. The tide might turn sooner than most expect.
Whether itโs the 3-month or 6-month Liquidation Levels, the signal is clear: if BTC climbs back above $120K, a massive wave of short positions will be liquidated aggressively.
While many traders are convinced weโre in a bear market, leverage data tells a very different story. The tide might turn sooner than most expect.
๐บ๐ธ๐จ๐ณ #AI CEO Nvidia says China will overtake the US in AI, citing lower energy costs and fewer regulations.
๐๐ณ Whales continue to accumulate #ETH - over the past 3 days they have cumulatively bought 394,682 ETH (~$1.37 billion).
