Quick Weekly Overview
Today, June 3:
-GME stock up 75%
Tuesday, June 4:
-Australia's first spot Bitcoin ETF with direct BTC holdings to go live on Tuesday
Wednesday, June 5:
-Blockchain Expo North America
Friday, June 7:
-Nonfarm Payrolls for May
-Unemployment Rate for May
Analysis
BTC has broken above the range high (69k), which is a good sign for bullish continuation.
This week we could see more development for the Ethereum ETF. The SEC's approval of the 19b-4 filings for a spot Ethereum ETF is a significant development. BlackRock and others have updated their S-1 filings, disclosing the fees, and indicating that the ETF could start trading by the end of June or maybe even before.
NVDA stock remains very strong, showing a clear bullish trend. This could affect the crypto AI sector in a good way, especially if BTC remains bullish.
GME stock just pumped 75% pre-market, now retracing a bit after the stock market has open. This could be good for the memecoins sector.
As mentioned in the previous update, if BTC stays above $60k (ideally above $65k), altcoins could still give very good returns. With memecoins leading, other interesting sectors should be: AI, RWA, Ehereum ecosystem, Solana ecosystem.
Keeping an eye on OTHERS, OTHERS.D, ETH/USD and SOL/USD.
Conclusion
No changes so far. This is a good scenario for a potential altcoin run.
Today, June 3:
-GME stock up 75%
Tuesday, June 4:
-Australia's first spot Bitcoin ETF with direct BTC holdings to go live on Tuesday
Wednesday, June 5:
-Blockchain Expo North America
Friday, June 7:
-Nonfarm Payrolls for May
-Unemployment Rate for May
Analysis
BTC has broken above the range high (69k), which is a good sign for bullish continuation.
This week we could see more development for the Ethereum ETF. The SEC's approval of the 19b-4 filings for a spot Ethereum ETF is a significant development. BlackRock and others have updated their S-1 filings, disclosing the fees, and indicating that the ETF could start trading by the end of June or maybe even before.
NVDA stock remains very strong, showing a clear bullish trend. This could affect the crypto AI sector in a good way, especially if BTC remains bullish.
GME stock just pumped 75% pre-market, now retracing a bit after the stock market has open. This could be good for the memecoins sector.
As mentioned in the previous update, if BTC stays above $60k (ideally above $65k), altcoins could still give very good returns. With memecoins leading, other interesting sectors should be: AI, RWA, Ehereum ecosystem, Solana ecosystem.
Keeping an eye on OTHERS, OTHERS.D, ETH/USD and SOL/USD.
Conclusion
No changes so far. This is a good scenario for a potential altcoin run.
❤566👍235🔥117👏30💯23🤔10👀9🤯8
CryptoCapo TG
BTC - Zoomed in Range formed between 67k-69k. So far, the range low has been holding well. We just saw a deviation below it. As long as it stays above this level, it should go higher. Clean break above the range high = 74k-76k (main scenario) Clean break…
BTC
🔥558❤150👍109👏30👀23😱17💯11🤯3
Comments are back from now on.
If you like the content shared, a good comment is always appreciated, as well as healthy discussion.
Focus should be on learning, improving, maintaining a positive vibe, and showing respect for all.
https://x.com/CryptoCapo_/status/1798730920742064393
If you like the content shared, a good comment is always appreciated, as well as healthy discussion.
Focus should be on learning, improving, maintaining a positive vibe, and showing respect for all.
https://x.com/CryptoCapo_/status/1798730920742064393
❤763👍301🔥83👏64💯26🤔11😱11👀9
What is your current exposure to the crypto market?
Final Results
4%
0%
7%
1-20%
6%
21-40%
9%
41-70%
23%
71-99%
50%
All-in
🔥327❤111🤯65👍53👀46😱39🤔16💯12
CryptoCapo TG
ZCX update Wrong on the previous idea. It broke support and is going lower than expected. It's currently touching another major support, and the selling volume is decreasing, so a bounce is expected. If this support doesn't hold, I will start cutting the…
ZCX
Decent bounce so far. It has to reclaim $0.22
Decent bounce so far. It has to reclaim $0.22
❤143👍73🔥38👏11🤯7🤔5
CryptoCapo TG
Dips are for buying imo.
Remember, dips are for buying until proven otherwise.
👍386💯132❤110🔥77👏29😱29🤔21🤯15
Just watching, without making any movement. Cold mind.
❤235👍79👀71👏63🔥50🤯42🤔21💯15
Update here: https://x.com/CryptoCapo_/status/1799144868717142088
❤127👍53🔥31🤯18👀11👏8
GM
Strong demand being added here. Some alts have already retraced the entire dump.
Let's see if that was the local bottom.
Strong demand being added here. Some alts have already retraced the entire dump.
Let's see if that was the local bottom.
❤460👍226🔥95🤔57👀37🤯31👏22💯11
GM
I’m going on vacation for a few days, so I will be less active. The analysis remains the same. Alerts are set at key confirmation/invalidation points.
Have a great week!
I’m going on vacation for a few days, so I will be less active. The analysis remains the same. Alerts are set at key confirmation/invalidation points.
Have a great week!
❤782👍344🔥80👏54💯40🤔33🤯30👀23
GM!
Alert was triggered for "caution". This means that the first invalidation is close (clean break below 67k)
However, demand remains strong here and there are some hidden bullish divergences. A reclaim of 69.5k would be the confirmation for bullish continuation.
Alert was triggered for "caution". This means that the first invalidation is close (clean break below 67k)
However, demand remains strong here and there are some hidden bullish divergences. A reclaim of 69.5k would be the confirmation for bullish continuation.
❤478👍245🔥104👀64😱51🤯34🤔32💯23