Whale entities have seen their aggregate balance decline throughout #Bitcoins history. The chart below reinforces this, with #Whale entities accounting for 46% of the total supply, down from 63% in early 2021.
It is important to note that here, Whale entities will include exchanges, as well as large centralized holdings such as #ETF products, #GBTC, #WBTC, and corporate holdings like #Microstrategy.
It is important to note that here, Whale entities will include exchanges, as well as large centralized holdings such as #ETF products, #GBTC, #WBTC, and corporate holdings like #Microstrategy.
Trading Crypto Guide ™
Choose a Coin For Analysis
Here's the Analysis of #BAND :
#BAND is been flipped above the Strong level of $1.32 - $1.36 and kinda moving lower with the fake #ETF news. If price gave a daily closing below the zone then we can move back to the consolidation and might reach the other end too (Support zone). Take short after the closure.
#BAND is been flipped above the Strong level of $1.32 - $1.36 and kinda moving lower with the fake #ETF news. If price gave a daily closing below the zone then we can move back to the consolidation and might reach the other end too (Support zone). Take short after the closure.
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#BTC is on a wild move now, also gave a move after triangle pattern broken. Price is now, approaching towards the Strong Resistance Zone of around $28,160 - $28,200. Therefore, price already entered the supply area, so we can expect a rejection.
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#BTC goes wild as expected, gave a strong volatile movement, dipping back down towards the Major Support Area of $40,800 - $42,000. Price strongly rejected from Major support, showing buyers confidence, although, price again back inside the range, so continue…
#BTC still moving back and forth inside the range and again rejected from the Resistance Zone, with that price nearly got into Major support again. Well, this series might continue until a strong news drop into the market like #ETF Approval, Rejection or Delay. Hodl on with the new alts trade and manage the running one accordingly.
What's You View #ETF ?
Anonymous Poll
48%
Approval 🚀
13%
Rejection📉
31%
Delay is Expected 🤔
8%
I don't Know
Trading Crypto Guide ™
#BITCOIN WEEKLY TF UPDATE : #BITCOIN on Weekly TF, last week unable to close above the resistance area, and this weekly candle also struggling to do it so. Well, candle is turning bearish at this point, which could form a new and strong resistance. Price…
#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, Tried to surpass through the build-up resistance area a=but couldn't able to do sp. Well, its still have time for the closing and need a close above the Resistance zone around $43,250. This will again open the room for $47,000 - $48,000 level, also have to prepare for a fakeout too, as #ETF news might drop into the market, which will kick in heavy volatility.
#BITCOIN on Weekly TF, Tried to surpass through the build-up resistance area a=but couldn't able to do sp. Well, its still have time for the closing and need a close above the Resistance zone around $43,250. This will again open the room for $47,000 - $48,000 level, also have to prepare for a fakeout too, as #ETF news might drop into the market, which will kick in heavy volatility.
Trading Crypto Guide ™
What's You View #ETF ?
Most of the people are prepared for the #ETF approval, which is good but also have to keep in mind that, rejection will cause dump and in case of delay, the market will react nearly the same. So, prepare for both the sides as there are open possibly for mixed data, which will unnecessarily shake the market aggressively.