CryptoBullet – Telegram
CryptoBullet
107K subscribers
6.4K photos
4 files
775 links
Let the CryptoBullet hit you!🔫

Business Inquiries
@likeniss

Premium/VIP subnoscription
@likeniss

Not Financial Advice
Download Telegram
CryptoBullet
🚀Yesterday QLC hit the Resistance 1 as expected for 42% profit!
Pay attention to QLC/BTC

After hitting the Resistance 1, QLC pulled back and now forming a pretty decent ascending triangle on the daily, EMA21 acts as a perfect support. As long as QLC holding above it I expect QLC to breakout📈

🎯Short-term breakout targets on the chart (mid-term hasn’t changed)
The 60-day Bitcoin volatility is absolutely crushed! Currently sitting at 3%

There were only few times in the whole history of Bitcoin since the inception that the 60-day volatility was at such a low level or lower. Each time a huge move followed


⚠️ BTC is at the point of explosion anytime
POWR/BTC broke out of this giant pennant. Looks promising, but be very cautious! BTC can spoil the party at any moment

🎯The ultimate target is pretty high (2x)

EMA50 & EMA200 are flat/slightly trending up, which provides good support and edge to manage risk
Recently XLM broke out of its year-long accumulation and now establishing support above prior key resistance level

Moving averages turned in a bullish manner. Looking for continuation to the upside

🎯Next important horizontals are marked on the chart
❗️Breaking: a massive Twitter hack is underway targeting verified accounts

Bill Gates, Elon Musk, Kanye West, Jeff Bezos, the accounts of Apple, Uber, Binance, Gemini, Coinbase and others have been compromised!

Do not fall for the scam and do not send money to the associated BTC address!
CryptoBullet
❗️Guys, be aware of Giveaway Scams on YouTube! https://www.coindesk.com/crypto-giveaway-scams-continue-to-flourish-on-youtube
Recently we warned you about a similar scam going on on YouTube. Now Major Twitter accounts have got under hackers’ bombardment

The scam is based on the same promise of doubling one's funds after send an initial amount to a wallet address via QR code

Victims, in fact, receive nothing in return and lose the crypto they sent!

Stay Safe!
💭Thoughts about the Massive Twitter Hack

This Twitter hack is terrible for the short term public perception of crypto. This will give tremendous fuel to the "it's only used by criminals for nefarious purposes" argument

💡The hack can be the catalyst for BTC dropping. Market has been waiting for the perfect time to move out of the 2+ months of consolidation, and this FUD is perfect for that

🐂 At the same time the hack can be a long term catalyst for the upcoming Bitcoin bull run, because today every single media is talking about Bitcoin due to this. It’s a marketing scheme.


Think about this:

By controlling all these accounts (exchanges, CEOs, Projects, politicians, celebrities ..) hackers could take $BTC to 15K or 3K

Just instead of asking people to send money to traceable wallets, they could get their Life-Time short (or Long) depending what the message is going to be. They would make millions of $ in 2 hours, instead of this stupidity

They could have moved $TSLA or some other stock by a few % but instead they decided to tweet about doubling Bitcoin

Also imagine! They got access to DMs for the politicians, CEOs, celebrities! All personal DMs. This is soo massive.. That information may be much more valuable than whatever #Bitcoin they could get


As a result, the scammers received only 12.86 btc on their wallet

📌 So, the hackers turned all those hacked people with power & money against them for $110k? What a nonsense!

Or the money was not the goal?
CryptoBullet
BTC: Let’s Bring Some Clarity https://www.tradingview.com/chart/BTCUSD/YEqVVGgk-BTC-Let-s-Bring-Some-Clarity/ ❗️Guys, please, click the LIKE button. I would appreciate it
BTC update

MA50 rejected the price and we reached the first target (first arrow completed)

BTC is squeezed in a triangle-ish shape formation and now we are at the very apex of it

The volume is very contracted suggesting the highly-expected resolution on this formation can happen at any moment

I can’t be bullish on this chart with a series of lower highs and as long as we are below MA50

Until MA50 is regained, the bias is bearish 🐻
Interesting picture: Bitcoin miner’s netflow volume shows that miners are a strong percentage of those holding Bitcoin with almost an entirely positive netflow since the start of the year

[ Bitcoin miner’s netflow volume is the amount of Bitcoin flowing into miners’ addresses minus the amount of Bitcoin flowing out of them ]

Miners are upbeat on the price of Bitcoin mid-, long-term. Pay attention that miners were selling hard at the peak of the irrational rally in June 2019. That means they were pretty confident of the further decline in price


But the thing is that miners are ceasing to be the largest sellers of Bitcoin

💡Now in the era of futures exchanges, especially after the halving, the sell pressure is much higher from exchanges selling their BTC fees collected into fiat than from miners

The picture looks like this:

1800 BTC/day from miners before the halvening
900 BTC/day from miners after halvening
1200 BTC/day from exchange fees
AION vs QSP & ADA

One more coin is printing a pattern so familiar to us - AION

AION has a well defined resistance 1 at ~0.00001300. This is the major resistance that’s been rejecting the price for more than a year. Now, after so many attempts to break through, we are very close to a Big Breakout

Two major MAs are below acting as a tremendous support along with the local rising support trendline

🎯Once the Resistance 1 broken, the path towards next significant levels (Resistance 2 & Resistance 3) is clear

(bullish case is valid until the support cluster is broken)
CryptoBullet
BTC Dominance update
Important BTC Dominance update

Last update was long ago relatively speaking - on February 25th
Dominance had been moving inside of the upward channel

And at the time of that update BTC.D hit the bottom of the channel which was in line with EMA100. I was calling for a return to 70% dominance and it happened exactly like that. We approached 70% BTC dominance on a wick late May. Since then we’ve been seeing an Altcoin party

The question is how long will it last?

The thing is I do not see anything bullish on this chart (which is good for alts)

The channel got broken to the downside late May, and what’s more important at this stage is that we finally broke EMA100 down!

📍Last week was the first week that we fully opened and closed below EMA100 since June 2019

I believe this is significant for alts as many of them are printing bullish patterns



📌Here is something interesting. Let’s compare August 2018-June 2019 to January 2020-July 2020 and mirror January 2020-July 2020 properly so that the EMA100 is in the same place and has the same direction

We see that the structure looks pretty similar: we had 3 drives into the EMA100, on the third one we broke above it. And now focus on that small piece of the chart where we break above EMA100

💡The current picture looks very similar to what we had in May 2019 (that’s exactly when BTC took off and alts got completely destroyed), but now on the inverted chart!

Which means that according to that fractal, we are going to see maybe a shakeout back above EMA100 (most likely due to major BTC moves), but then to continue the down trend on BTC Dominance, which means Altcoin party will go on
CryptoBullet
⚠️ BTC broke out of the channel and now testing the 50-Day MA This is a very important resistance to break through for the bulls
BTC update

So, BTC closed the daily above MA50 yesterday

Today the price has tried to go back below it, but the bulls stepped in and we left a wick below MA50

Need to see the daily close, but things start to look slightly bullish🐂

❗️However the lack of volume is concerning

It would be ideal for the bulls if we close today above yesterday’s high and previous swing high (they are pretty much at the same level)