πΊπΈπ #BTC CQ: In the short term, a rising share of Bitcoin held by US entities (exchanges, banks, and funds) has triggered a golden cross.
Last year, when US entities began increasing their Bitcoin holdings, the price of Bitcoin surged significantly.
Last year, when US entities began increasing their Bitcoin holdings, the price of Bitcoin surged significantly.
ππ #BTC CQ: The current momentum has slowed by 38%. Thatβs normal after a new all-time high. Essentially, itβs a technical cooldown - the market needs a "breather" before continuing its upward trend.
ππ #BTC's buyer dominance near $111K highlights strong demand and could trigger the next wave of gains.
#BTC Currently, the Spot to Futures Ratio has reached a 1.5-year high of 4.9, indicating that futures volume is 4.9 times greater than spot volume.
πΊπΈπ #BTC Bitwise and UTXO predicts that by 2026, nation-states and institutions to own 4,269,000 BTC worth $426.9 billion.
ππ Over 420K #BTC have a cost basis near $94K, forming one of the strongest support zones of the current cycle.
#STRKUSDT 1D
#STRK is moving inside a Descending Broadening Wedge pattern on the daily chart. It was recently rejected from the wedge resistance. If it manages to close a daily candle above the Ichimoku cloud and the daily MA50, we could see another leg up that breaks the wedge resistance to the upside.
In case of a breakout, the targets are:
π― $0.2064
π― $0.2477
π― $0.3276
π― $0.3921
β οΈ Use a tight stop-loss.
#STRK is moving inside a Descending Broadening Wedge pattern on the daily chart. It was recently rejected from the wedge resistance. If it manages to close a daily candle above the Ichimoku cloud and the daily MA50, we could see another leg up that breaks the wedge resistance to the upside.
In case of a breakout, the targets are:
π― $0.2064
π― $0.2477
π― $0.3276
π― $0.3921
β οΈ Use a tight stop-loss.
Digital Chartist
#BCHUSDT 3D #BCH is going to $800? #BCH has bounced off the support line of the bullish flag on the 3-day timeframe. Itβs now facing resistance at the flagβs midline and the 3-day MA50. Consider buying and holding some #BCH. Targets: π― $461.1 π― $526.5 π―β¦
#BCHUSDT 3D Update
So far so good. Made 25% profit.
π― $461.1β
π― $526.5
π― $591.8
π― $684.9
π― $803.5
So far so good. Made 25% profit.
π― $461.1
π― $526.5
π― $591.8
π― $684.9
π― $803.5
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#ADAUSDT 2D
#ADA is moving inside a descending channel on the 2-day chart and was recently rejected from the channel resistance and the 2-day MA100.
Buying near the support level at $0.7122 could offer a solid opportunity.
In case of a breakout above the channel and the 2-day MA100, the targets are:
π― $0.8853
π― $1.0025
π― $1.1196
π― $1.2864
π― $1.4989
β οΈ Use a tight stop-loss.
#ADA is moving inside a descending channel on the 2-day chart and was recently rejected from the channel resistance and the 2-day MA100.
Buying near the support level at $0.7122 could offer a solid opportunity.
In case of a breakout above the channel and the 2-day MA100, the targets are:
π― $0.8853
π― $1.0025
π― $1.1196
π― $1.2864
π― $1.4989
β οΈ Use a tight stop-loss.
π¨π¨ The Famous Hyperliquid whale James Wynn is max long on #BTC and his 1B$ long could probably get liquidated if price goes below $103959
πΊπΈπ§ 35 US House members have asked the DOJ to investigate Trumpβs memecoin dinner for potential violations of the federal bribery statute and the Constitutionβs emoluments clause. #TRUMP
ππ #ETH Glassnode: There is a notable cluster of investor cost basis levels around $2,800 for ETH.
Mihailo Bjelic is stepping back from his active role developing #Polygon and from the foundationβs board, according to an announcement on Friday
#PYRUSDT 1D
#PYR is moving inside a descending channel on the daily chart and is currently trying to hold above the daily MA50.
π» If the daily candle closes below the MA50, a drop toward Support 1 and Support 2 is possible.
πΊ If it closes above the MA50, we may see a move toward the channel resistance.
In that case, the targets are:
π― $1.409
π― $1.807
π― $2.350
π― $2.789
π― $3.227
β οΈ Use a tight stop-loss.
#PYR is moving inside a descending channel on the daily chart and is currently trying to hold above the daily MA50.
π» If the daily candle closes below the MA50, a drop toward Support 1 and Support 2 is possible.
πΊ If it closes above the MA50, we may see a move toward the channel resistance.
In that case, the targets are:
π― $1.409
π― $1.807
π― $2.350
π― $2.789
π― $3.227
β οΈ Use a tight stop-loss.
#IOUSDT 1D
#IO is sitting right on the neckline of a completed Inverse Head & Shoulders pattern and is on the verge of breaking out above the Descending Broadening Wedge on the daily chart.
A breakout from this confluence zone could trigger a strong bullish rally.
In case of a breakout, the targets are:
π― $1.401
π― $1.934
π― $2.366
π― $2.797
β οΈ Use a tight stop-loss.
#IO is sitting right on the neckline of a completed Inverse Head & Shoulders pattern and is on the verge of breaking out above the Descending Broadening Wedge on the daily chart.
A breakout from this confluence zone could trigger a strong bullish rally.
In case of a breakout, the targets are:
π― $1.401
π― $1.934
π― $2.366
π― $2.797
β οΈ Use a tight stop-loss.