Venmo has announced the rollout of its “crypto on Venmo” service, allowing over 70 million users to buy, sell, and hold four types of cryptocurrencies, including bitcoin, using the popular Venmo app. Venmo’s new crypto service further shows Paypal’s commitment to the crypto space, the company detailed.
Bitcoin closed the daily candle above 50 MA and this is good sign. Now we see some accumulation around the $56,000 zone before going up. The major resistance to flip is $60,000. We will share new signals and entries whenever the alts market looks good.
This doesn't mean Bull season is over.
There are three phase in crypto -
Bull phase - where you shouldn't buy crypto from fiat(country currency). You can trade and hold your coins in this phase
Bear phase - where you shouldn't hold your coins. You can trade in this phase
Accumulation phase - where you should buy crypto from fiat(country currency) and Hold you crypto till Bull phase ends
All phase moves in cyclic motion
Bull -> Bear -> Accumulation -> Bull
There are three phase in crypto -
Bull phase - where you shouldn't buy crypto from fiat(country currency). You can trade and hold your coins in this phase
Bear phase - where you shouldn't hold your coins. You can trade in this phase
Accumulation phase - where you should buy crypto from fiat(country currency) and Hold you crypto till Bull phase ends
All phase moves in cyclic motion
Bull -> Bear -> Accumulation -> Bull
A rise of 200% cannot happen without a fall of -50%
It's just the way markets behave
The whale and retailer dynamic is exactly this
Whales are patient. Retailers, not so much. Retailers always fet rekt hence.
Whales can see a -50% or more for months..
It's just the way markets behave
The whale and retailer dynamic is exactly this
Whales are patient. Retailers, not so much. Retailers always fet rekt hence.
Whales can see a -50% or more for months..
#BTC/USD
We had a Successful Analysis on #Bitcoin by reaching 50K and now has hit us with a hard consolidation all the way down to 48k, which could potentially still scale even further down to 45k~43K. The crucial Level for change the BTC Trend into Bullish mode again is located at 58000$ now.
Technically, Everything is unclear right now and the only TA is to watch on the daily- weekly candle closes in the next few days.
If BTC in the next couple of days stays under the 50k price range, then we will in the future look for more aggressive hedge shorts by going down more since that would be the first early sign that real the #Bull_Market for Altcoins may be coming soon.
We have to see BTC consolidate above the current (50000$) area and a pull-back retest of 53k/55k, where we should take some profits on our alt holdings.
We had a Successful Analysis on #Bitcoin by reaching 50K and now has hit us with a hard consolidation all the way down to 48k, which could potentially still scale even further down to 45k~43K. The crucial Level for change the BTC Trend into Bullish mode again is located at 58000$ now.
Technically, Everything is unclear right now and the only TA is to watch on the daily- weekly candle closes in the next few days.
If BTC in the next couple of days stays under the 50k price range, then we will in the future look for more aggressive hedge shorts by going down more since that would be the first early sign that real the #Bull_Market for Altcoins may be coming soon.
We have to see BTC consolidate above the current (50000$) area and a pull-back retest of 53k/55k, where we should take some profits on our alt holdings.
The second largest USDT deposit on exchanges happened yesterday. $2.37 Billion USDT deposited on exchanges. The largest deposit spotted on 3 February before the announcement of Tesla BTC buy.
Someone is buying the dip. There are a lot of public companies and millionaires waiting to get some BTC. Accumulation is going on before the rally.
Someone is buying the dip. There are a lot of public companies and millionaires waiting to get some BTC. Accumulation is going on before the rally.
April 25, 2021
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MARKET ANALYSIS:
Market Cap.: $1,877,720,117,718
24h Volume: $112,248,877,291
BTC Dominance: 50.1%
ETH Dominance: 14.4%
🔸BK® Health Standard: [VIP ONLY] (1 to 10)
🔸BK® Sentiment: [VIP ONLY] (-100% to 100%)
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BINANCE ANALYSIS (BTC pairs):
Top Gainers
1. FIO: +47%
2. PIVX: +40%
3. AUDIO: +30%
Top Losers
1. RDN: -16%
2. DLT: -11%
3. GXS: -10%
BINANCE FUTURES:
Top Gainers
1. ALICEUSDT: +28.10%
2. LUNAUSDT: +26.82%
Top Losers
1. DOGEUSDT: -2.11%
2. HOTUSDT: -1.18%
LARGEST VOLUME (24h)
1. ETH/BTC (6,577 BTC)
2. BNB/BTC (4,063 BTC)
DAILY OUTLOOK
As we told you yesterday, the low volume weekend play was going to move in the bull's favor... Our VIP alt positions are in profit and the market is solidly ranging above a $1.8 Trillion market cap. We could se a drop coming this week if BTC doesn't break above $52,000 once again.
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-
➖➖➖➖➖➖➖
MARKET ANALYSIS:
Market Cap.: $1,877,720,117,718
24h Volume: $112,248,877,291
BTC Dominance: 50.1%
ETH Dominance: 14.4%
🔸BK® Health Standard: [VIP ONLY] (1 to 10)
🔸BK® Sentiment: [VIP ONLY] (-100% to 100%)
➖➖➖➖➖➖➖
BINANCE ANALYSIS (BTC pairs):
Top Gainers
1. FIO: +47%
2. PIVX: +40%
3. AUDIO: +30%
Top Losers
1. RDN: -16%
2. DLT: -11%
3. GXS: -10%
BINANCE FUTURES:
Top Gainers
1. ALICEUSDT: +28.10%
2. LUNAUSDT: +26.82%
Top Losers
1. DOGEUSDT: -2.11%
2. HOTUSDT: -1.18%
LARGEST VOLUME (24h)
1. ETH/BTC (6,577 BTC)
2. BNB/BTC (4,063 BTC)
DAILY OUTLOOK
As we told you yesterday, the low volume weekend play was going to move in the bull's favor... Our VIP alt positions are in profit and the market is solidly ranging above a $1.8 Trillion market cap. We could se a drop coming this week if BTC doesn't break above $52,000 once again.
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🚀Market is turning green.
Hope you all are ready again to make some profits.
We were giving less signals to make sure you guys don't do any wrong trade and loose your hard earned money.
But as we see the market is recovering today, it's time to buy some fundamental ALTS.
We will share such opportunities today.
❗️Stay tuned.
Hope you all are ready again to make some profits.
We were giving less signals to make sure you guys don't do any wrong trade and loose your hard earned money.
But as we see the market is recovering today, it's time to buy some fundamental ALTS.
We will share such opportunities today.
❗️Stay tuned.