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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
TradingView
BITSTAMP:ETHUSD Chart Image by nishansden
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https://www.tradingview.com/x/wnapyELg/
#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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Stacked more ENA. Nice rewards. Must Use this. Highly recommended. π¨π¨π¨π¨π¨
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Stacked more ENA. Nice rewards. Must Use this. Highly recommended. πππππ
#BTC_Update
Right now, it's worth paying attention to the $46.4K level - this is the average purchase price over the last year.
Also if #Bitcoin BTC reclaims SMA 200D and trade a week above 59k is the positive sign for market again.
Right now, it's worth paying attention to the $46.4K level - this is the average purchase price over the last year.
Also if #Bitcoin BTC reclaims SMA 200D and trade a week above 59k is the positive sign for market again.
#BTC.D looking for retest. You know what it is. Hope you still holding all your potential ALTs.