Here's the analysis of #DOT

#DOT took a strong pump from its support level, meanwhile Coinbase Pro announced the of listing #DOT. Price broke its downtrend line and moved aggressively. Currently, the price might take a retest on its supporting uptrend line. #DOT has a evolving ecosystem in the crypto space and has a huge potential in long term. Put some bids around $21.64 - $21.22. Use proper risk management because alts are still risky to trade unless #Bitcoin clears its daily resistance level.

Buying #ARK bag here🚨

https://www.binance.com/en/trade/ARK_BTC?layout=pro

#ARKBTC Testing demand zone and having strong horizontal support on 12H timeframe it can bounce hard from here looks good to buy a bag of #ARK

Buy zone 2700-2800

Target 3300-3500-4000-4500-6000

#ARK always pump hard from this zone

20%-50% quick scalping is possible

Don’t miss it out🚀✌️

ARK quickly gained after call and hits our almost 1st Target of 15%🚀.

Well, the price rejected from its daily resistance strongly and pushed around $38,100. Currently, price again trading above $39,000. Price should not go below $37500, because it is previous swing high support around $37,500 - $37,900. If broken then it might test its strong hourly support.

The World Bank clearly stated that they will not support El Salvador to use #Bitcoin in any type of framework development. El Salvador is still free to use #Bitcoin as legal currency.

This graph refers to All Exchange reserve of All stablecoins. It reached its new high daily and reserve reached it All-time high on 12th of $16.11B. When #BTC dumps to $30,000, reserve drastically increased from $11.3B to $14.19B and keep on increasing.

Coin name: BELUSDT

Entry : market price

Default leverage: 10x ( you can use lev. according to risk management )

Target: 100% - 150% - 200%

Use only upto 5% of total funds

Stop loss: 2% below buying‼️

#BEL/BTC testing demand zone again and forming descending triangle on 4H timeframe we can expect a bounce toward downtrend line

Buy zone 4300-4400

Target 5000-5500-6000-7000

In every industry, there is a special language to make communication easy and efficient. Those abbreviations have a great impact on the industry, lets understand what they are.

List of abbreviations commonly used in cryptocurrency trading.

#Altcoins: Alternate cryptocurrency that is any cryptocurrency other than bitcoin
#Bag Holder = A person who buys and hold coins in large quantity hoping to make good profits in the future.
#Bear/Bearish = Negative price movement
#BTFD = Buy The Fucking Dip
#Bull/Bullish= Positive price movement
#DILDO = Long green or red candles
#Dump = To Sell off a coin
#DYOR = Do Your Own Research
#FA = Fundamental Analysis
#FOMO = Fear Of Missing Out
#FUD = Fear Uncertainty & Doubt
#HODL = Hold/Hold a position
#Long: Margin bull position
#MCAP = Market Capitalization
#Moon = Continuous upward movement of price
#OTC = Over The Counter
#Pump: Upward price movement
#Shitcoin = A coin with no potential value or use
#Short = Margin bear position
#TA: Technical Analysis
#REKT: When you have a bad loss
#Whale = Very Wealthy trader/Market mover.
#Weak Hand = a coin holder prone to selling at the first sign of a deep in price.
#bitcoin #cryptocurrency

BTC Quick Update :

#Bitcoin hits its previous swing high support level and shown some rejection. As said, it should now go below $37,500. A couple of hours later, price just traded below this price and quickly moved up and due to sentiment is still bearish, we can see price breaking this level. If broken we might gonna test, $35800 support zone.

Neil Patrick Harris Partners With Coinflip, one of the largest #cryptocurrency ATM operators.
He also commented "#Cryptocurrency is the future of how we shop, invest, and do business".

Here's the chart of #Bitcoin from July 2012, where MVRV is plotted in it. We can see in an earlier bull run, there's a major correction when MVRV moves above 3.
This thing repeats twice in a bullrun and we already saw a major correction, after we hit the 1st touch. Very likely this correction gonna over till the next month end.

The MVRV (Market Value to Realized Value) ratio is a measure of bitcoin's market value relative to its realized value. MVRV is calculated by dividing Market Value by Realised Value. In Realised Value, BTC prices are taken at the time they last moved, instead of the current price like in Market Value.

Mayor Francis Suarez said that Miami is working to lower the cost of electricity in order to entice bitcoin miners to make the move to Florida.

As said, we can see price breaking this level. Price tried well to stay above the zone but still candle closing is pending. Now, price might retest the $35,150 - $35,800 zone.

Banking behemoth Goldman Sachs has started trading CME Group's #Bitcoin futures in partnership with Galaxy Digital 📈.

Going as expected, price tested its strong support level of $35,150 - $35,800. Price even traded below that and barely closes below that zone. Now, can take a bounce from here. Remember, sentiments are still not strong, so if price breaks and close below this support, will lead to further fall.

The state is already becoming known for attracting miners and attempting to pass pro-crypto legislation, with Governor Greg Abbott saying he was a "crypto law proposal supporter."

Days from close above prior ATH to new ATH. From the historical data, we can observe that Bullrun exist for more than 250+ days. While this couldn't even reach near that. Multiple on-chain data also showing its a correction phase, after that correction, we can see Bullrun continuation.