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⚡️ $10 trillion BlackRock officially files for spot #Bitcoin ETF

Good news. Maybe by 2025 the SEC will approve it lol 😂
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One more #Bitcoin ETF application

This time Bitwise refiles for Bitcoin spot ETF following BlackRock

Are we back in 2018 or what? 😂
#BTC 1W
So, we have a whole weekly candle open & close below the MA200 😬🚩

However, I like the shape of the candle (bullish Hammer) and the fact that #BTC held the EMA21, but what we can get is just a bounce imo

There’s a nice Falling Wedge which should breakout soon. Target on the chart 🎯
$XRP Macro Chart

Striking resemblance between the current and previous cycles

I think $XRP will lose its main Support line like it did back in 2019 📉

🎯 Downside target is $0.22 (conservative)
CryptoBullet
It doesn’t mean #BTC will drop like a rock today or tomorrow I think #BTC will stay above the Key S/R Level for quite some time before breaking it 📉 Here’s what I’m expecting: a Dip into the $24-25k area -> strong Bounce (Bull Trap) -> Drop to $20k #Alts…
This is the initial post ☝️

Back in May I predicted the dip into the 24-25k area and a Strong Bounce we’re having right now 😎

For now there's no bearish confirmation, so I'm in no rush to go short. I need to see a bearish confirmation first
#Bitcoin is up 20% from the local low so far but we haven’t seen large short liquidations yet 👀

I bet we’ll see the blood if $BTC breaks $31k

🩸 There’s a lot of liquidity between $31-35k

Perhaps a bigger Short Squeeze is yet to come, so stay cautious & don’t do stupid things
CryptoBullet
One more #Bitcoin ETF application This time Bitwise refiles for Bitcoin spot ETF following BlackRock Are we back in 2018 or what? 😂
And we have another one!

Investment firm Valkyrie files for spot #Bitcoin ETF

Most interesting here with this updated Valkyrie Bitcoin Fund prospectus - they have changed their exchange to Nasdaq (same as BlackRock) and they gave us a ticker $BRRR 😂
CryptoBullet
A very nice Symmetrical Triangle is shaping up on the $LTC 1D chart 👀 55 days until the #Litecoin halving ⌛️
$LTC 1D update

I didn’t expect such a deep C wave. $LTC overreacted as usual 🤷‍♂️
(This is the first warning sign)

We even swept the May’s low (!), which broke the triangle structure, but I like that the price is sitting right where it should be despite that June’s market crash

⌛️ 40 days until the $LTC halving, we still have a chance to rally, but I decided to close my Coin-M long trade in a small profit (+10%, 3x long)

I only hold $LTC on spot. Maybe I’ll enter another long trade if I see bullish continuation, but for now I stay cautious
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CryptoBullet
#BTC 1W So, we have a whole weekly candle open & close below the MA200 😬🚩 However, I like the shape of the candle (bullish Hammer) and the fact that #BTC held the EMA21, but what we can get is just a bounce imo There’s a nice Falling Wedge which should…
April’s $31k high is broken! There’s no selling pressure (yet)

#BTC has gone up much higher on this bounce than I expected (which is okay).

As I said, I wouldn’t try to short #BTC here since a bigger short squeeze might be coming

Waiting for the weekly close
Reason for today’s #BTC pump:

⚡️ SEC Approved First Leveraged Bitcoin Futures ETF
CryptoBullet
#TOTAL2 🩸 -10% since I warned you about the support breakdown 📉
#TOTAL2 update

My Levels keep working just fine 👌

We bounced off the 0.618 Fib and now facing a tough Resistance cluster