Coin Signals
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β€88π32π³19π±12π₯7π4
According to data from Glassnode, this marks one of the highest amounts of profit sent in Bitcoin terms in the past five years.
Closing above the highs might take longer time.
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π92β€30π³21π±8π₯7π7
Coin Signals
π Historically, the average drop is -20% after hitting the ATH or nearing it. There is a very low possibility of the weekly candle closing above $69.4k (ATH) or even hitting $69.4k (ATH) before a -20% drop.
We previously warned about a correction from the all-time high, and so far, we've seen declines of 5%, 14%, and 6% from $69.4k.
Failing to close weekly candle above this level $69.4k (approx $70k) could lead to a 20% pullback.
However, closing above it may signal further major price increases, like past bull runs.
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β€90π₯36π35π³16π8π±7
Forwarded from Crypto News
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β‘οΈβ‘οΈβ‘οΈBREAKING: Blackrock CEO Larry Fink on live TV:
"If you're in a country where you're fearful of your future, fearful of your government of you're frightened that your government is devaluing its currency by too much deficits, you can say this is a great potential long term store of value.π° "
@News_Crypto
"If you're in a country where you're fearful of your future, fearful of your government of you're frightened that your government is devaluing its currency by too much deficits, you can say this is a great potential long term store of value.
@News_Crypto
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π129π₯57β€43π±16π12π³11
Coin Signals
If we successfully close a weekly candle above the ATH consider approx $70,000, we can expect a 20% increase in price. Otherwise 20% dump.
Historically, Buying after a Successful breakout above the previous ATH has led to big price increase.
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π85β€21π³11π7π5π±2
Forwarded from Crypto News
March 2013: 18 days
Nov 2013: 10 days
March 2017: 84 days
Dec 2020: 18 days
@News_Crypto
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π83π21β€20π±15π₯14π³3
2010-11: -51.28% | -18.41%
2012-14: -70.28% | -21.71%
2015-18: -32.93% | -10.93%
2018-21: -60.24% | -19.39%
2023: -19.11% | -5.47%.
In the current Bitcoin bull cycle, the market has witnessed relatively minor corrections, attributing to ETF buying pressure and hype so far.
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β€57π31π±14π³13π10
Currently, the weekly candlestick is trading above the previous ATH, but it hasn't closed yet.
If it closes above the previous ATH => Parabolic Move π
(Historically, this has been a good buy)
However, if it closes below the previous ATH => Major Correction π
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β€79π46π₯27π16π³6π±1
- Alphabet (Google) : $88,842.
- Amazon: $95,842.
- Saudi Aramco: $108,000.
- NVIDIA: $115,158.
- Apple: $138,737.
- Microsoft: $158,842.
- $Gold: $772,474.
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π₯118β€28π25π³9π±4
JUST IN : BREAKING: πΊπΈ US inflation rises to 3.2%, higher than expectations.
π123π±58π20π17π₯13π³5β€3
β‘οΈ With less than an 20 mins to go, #Ethereum π° Dencun upgrade is set to enhance user experience and reduce transaction fees for the networkβs L2 blockchains through EIP-4844.
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π₯59β€20π9π8π4π³1
Coin Signals
β‘οΈ With less than an 20 mins to go, #Ethereum π° Dencun upgrade is set to enhance user experience and reduce transaction fees for the networkβs L2 blockchains through EIP-4844.
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π±75π₯49π31β€15π³6
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π₯121π±30π25β€20π³13π8
Forwarded from Crypto News
π¨π¨π¨ I Don't Think Bitcoinπ° Will Go Back Below $55K-$50K: Mike Novogratz
Mike Novogratz believes a major #Bitcoin correction should be expected but it will not take BTC far down.
@News_Crypto | link
Mike Novogratz believes a major #Bitcoin correction should be expected but it will not take BTC far down.
@News_Crypto | link
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π74π26β€24π±12π₯10π³9π6
If it plays out then price could drop to between $69,000 and $66,000.
Main target 200 EMA on 4hr Chart.
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π116π70β€27π±20π³16π₯12π5
Coin Signals
Now there will be a small bounce from $65k to $66k (100EMA) before it drops to the 200 EMA on the 4-hour chart, which is at $60k.
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π159π±47β€35π₯15π12π12π³2