What a weekly close for #BTC!
Swept the lows and closed above EMA50
I’d love to see a relief bounce 📈
📍Keep in mind that there’s a CME Gap between 46.6-49k
Swept the lows and closed above EMA50
I’d love to see a relief bounce 📈
📍Keep in mind that there’s a CME Gap between 46.6-49k
On July 3rd #Bitcoin network will automatically retarget a new mining difficulty just like it has hundreds of times since 2009
This will be the largest downward adjustment in its history, in both absolute (-5272851131000) and relative (-26%) terms
💡Difficulty adjustment is the magic sauce that makes Bitcoin work
It means that bitcoin mining grows & shrinks to the size it needs to survive & keep blocks clearing
This will be the largest downward adjustment in its history, in both absolute (-5272851131000) and relative (-26%) terms
💡Difficulty adjustment is the magic sauce that makes Bitcoin work
It means that bitcoin mining grows & shrinks to the size it needs to survive & keep blocks clearing
CryptoBullet
Get ready for rising oil prices $USOIL is breaking out 📈
$USOIL broke out and perfectly hit my target 🎯 😎
This is something to pay a very close attention to - #BTC LSR
[ LSR is the ratio of coins held by strong hands vs weak handed speculators ]
As speculators continue to sell down, the buyers of last resort are scooping up coins. A classic on-chain divergence, unseen since Oct 2020 ❗️
#BTC shorters will get rekt this summer 🤫
[ LSR is the ratio of coins held by strong hands vs weak handed speculators ]
As speculators continue to sell down, the buyers of last resort are scooping up coins. A classic on-chain divergence, unseen since Oct 2020 ❗️
#BTC shorters will get rekt this summer 🤫
The January Grayscale #BTC fund will be unlocked this month (starting from July 13), and it is expected to unlock GBTC stocks worth 41.8k #BTC. The largest single-day unlocking day will occur on July 18, with a value of 16.2k #BTC 👀
❓So, those Bitcoins are gonna get dumped on the market, right?
No.
People who say that those coins will be dumped don't actually know how the GBTC Trust actually works:
Grayscale is a unique product. It's designed as a black hole that sucks in #BTC
Grayscale allows accredited investors to add #BTC into the trusts holdings in return for receiving shares in the trust
NO #BTC EVER LEAVES THE TRUST, apart from Grayscale taking its 2% management fees from the holdings, this is the only way to reduce the GBTC inventory
The upcoming GBTC unlock I am referring to are these shares unlocking and being available to be sold for cash
No spot #BTC being released to market❗️
❓So, those Bitcoins are gonna get dumped on the market, right?
No.
People who say that those coins will be dumped don't actually know how the GBTC Trust actually works:
Grayscale is a unique product. It's designed as a black hole that sucks in #BTC
Grayscale allows accredited investors to add #BTC into the trusts holdings in return for receiving shares in the trust
NO #BTC EVER LEAVES THE TRUST, apart from Grayscale taking its 2% management fees from the holdings, this is the only way to reduce the GBTC inventory
The upcoming GBTC unlock I am referring to are these shares unlocking and being available to be sold for cash
No spot #BTC being released to market❗️
CryptoBullet
$CRV Update At peak it gave us +65% profit, but #BTC crashed the whole market Now we see that $CRV has decently recovered from the May 19 crash, and now facing a tough resistance: EMA50 & the trendline Watch closely here. We may get a rejection. For the…
$CRV update
Back in June the price got rejected by the resistance cluster as I was expecting and $CRV fell down by 45% 📉
Right now we are testing the same Resistance again (EMA50 + Trendline) 👀
Watch closely
Back in June the price got rejected by the resistance cluster as I was expecting and $CRV fell down by 45% 📉
Right now we are testing the same Resistance again (EMA50 + Trendline) 👀
Watch closely
CryptoBullet
$ETH/USD is currently facing a decent Resistance Cluster (0.382 Fib + Resistance Trendline + EMA200) while being in the apex of a Rising Wedge I’d say we need to correct to 0.236 Fib since the resistance is pretty tough and after that finally break out 📈…
$ETH/USD got rejected by the resistance and broke down the Rising Wedge exactly as I expected! 📉
Congratulations to those who took the short trade 😉
Congratulations to those who took the short trade 😉
#Bitcoin making all-time highs in new users coming on the network 📈
[ This is not looking at new addresses. This is forensically clustering them together to identify entities on the blockchain. If one person creates multiple addresses they will still be labelled the same entity ]
This is not a signature of a bear market!
I guess later this year we'll have a FOMO spike when #BTC breaks 100k 😏🚀
[ This is not looking at new addresses. This is forensically clustering them together to identify entities on the blockchain. If one person creates multiple addresses they will still be labelled the same entity ]
This is not a signature of a bear market!
I guess later this year we'll have a FOMO spike when #BTC breaks 100k 😏🚀
Introducing the #BTC Whale Bands indicator
➖When whales reduce their holdings rapidly, the indicator will fall below the range of the Bollinger band giving a Sell signal
➕When whales significantly increase their holdings, the indicator goes above the range providing a Buy signal
Since June we’ve seen decent signs of accumulation
➖When whales reduce their holdings rapidly, the indicator will fall below the range of the Bollinger band giving a Sell signal
➕When whales significantly increase their holdings, the indicator goes above the range providing a Buy signal
Since June we’ve seen decent signs of accumulation
CryptoBullet
#BTC Puell Multiple dipped down into the green zone recently On a relative basis miners are making less money than they have done previously, using the 1yr moving average to compare against Historically has aligned with major #BTC price lows i.e. 'buy the…
Hell of a bounce out of the green zone this week for the Puell Multiple 👀
Largely down to the difficulty adjustment and increase in hashrate. Will be a good sign if we see this and hashrate continue to climb quickly as #BTC miners come back onboard
Largely down to the difficulty adjustment and increase in hashrate. Will be a good sign if we see this and hashrate continue to climb quickly as #BTC miners come back onboard
Negative Stock-To-Flow deflection is the highest it's ever been in the whole #BTC history 👀
This is a great buying opportunity, if you're a believer in this model
This is a great buying opportunity, if you're a believer in this model
CryptoBullet
$TOMO is still in play Send it 🚀
Finally some action from $TOMO 🚀
Currently +42% profit from the entry 🤑
Congrats to those who was patient and held
Currently +42% profit from the entry 🤑
Congrats to those who was patient and held