https://www.tradingview.com/x/IjmGKNFH/ price have broken up side aiming for 70k range high again #BTC 4hr
TradingView
CRYPTO:BTCUSD Chart Image by nishansden
New gap has formed. #BTC price is now between 2 gaps: 64195 and 60285
FYI: Β±90% of CME gaps are filled sooner or later (it may be in a week, or maybe in a month).
Keep this in mind.
FYI: Β±90% of CME gaps are filled sooner or later (it may be in a week, or maybe in a month).
Keep this in mind.
According to Arkham, the German Government transferred a total of 400 BTC to Bitstamp, Coinbase and Kraken at 16:25 UTC+8 today, worth about $25.28 million. Since the previous two weeks, the German Government has transferred a total of more than 2,700 BTC to CEX. https://platform.arkhamintelligence.com/explorer/entity/germany
REMINDER: Trump and RFK campaigns are still accepting crypto donations.
The first #Bitcoin election π
The first #Bitcoin election π
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https://www.tradingview.com/x/5gWh3LUV/
#eth my just in case limit order waiting at 3150 - 3000 zone targeting 3800 - 4000
#eth my just in case limit order waiting at 3150 - 3000 zone targeting 3800 - 4000
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BITSTAMP:ETHUSD Chart Image by nishansden
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#btc 2h price market still trading sideways. When the final shakeout.
#btc 2h price market still trading sideways. When the final shakeout.
TradingView
CRYPTO:BTCUSD Chart Image by nishansden
Once the Mt. Gox wallets start distributing #Bitcoin, we'll likely get a short scare in the market.
People will think, okay now it's really happening.
Some coins will get sent to exchanges.
Some coins will be sent to unknown wallets.
Some coins will be idle.
What the real impact will be is something we'll only figure out as time goes on.
Most selling that will occur will happen at the beginning and will slowly fade out over time. Similar as to how the $GBTC outflows have went.
After the initial week or two, people will stop talking about it every day and we'll just be on to our regular day to day things within the market.
These Mt. Gox coins have been something that has caused FUD for years and has always been a fear of many. So although it's not nice short term, getting this massive supply overhang out of the way sets the market up nicely in the long run.
People will think, okay now it's really happening.
Some coins will get sent to exchanges.
Some coins will be sent to unknown wallets.
Some coins will be idle.
What the real impact will be is something we'll only figure out as time goes on.
Most selling that will occur will happen at the beginning and will slowly fade out over time. Similar as to how the $GBTC outflows have went.
After the initial week or two, people will stop talking about it every day and we'll just be on to our regular day to day things within the market.
These Mt. Gox coins have been something that has caused FUD for years and has always been a fear of many. So although it's not nice short term, getting this massive supply overhang out of the way sets the market up nicely in the long run.
π BTC has dipped below the $60,000 mark again, while the S&P 500 concluded yesterday's trading session at a new ATH ($5,509).
https://x.com/NishanChouhan/status/1809140163135599099?s=19
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