📈 Bitcoin: Realized Cap and Realized Profits Update 📈
Check out this insightful chart from Glassnode! It shows the relationship between Bitcoin's price, realized cap, and realized profits over time. As the BTC price continues to climb, the realized cap and profits indicate growing market confidence and potential for further gains.
Stay informed and watch these key metrics to gauge market trends and potential movements.
#Bitcoin #BTC #Crypto #RealizedCap #RealizedProfits #Glassnode #CryptoAnalysis
Check out this insightful chart from Glassnode! It shows the relationship between Bitcoin's price, realized cap, and realized profits over time. As the BTC price continues to climb, the realized cap and profits indicate growing market confidence and potential for further gains.
Stay informed and watch these key metrics to gauge market trends and potential movements.
#Bitcoin #BTC #Crypto #RealizedCap #RealizedProfits #Glassnode #CryptoAnalysis
#BNBUSDT Analysis
Current Price: $568.2
Potential Breakout Levels:
• Resistance: $632.1
• Support: $587.8
• Target Up: $687.1 (+19.11%)
• Target Down: $417.1
Technical Overview:
BNB is currently trading within a symmetrical triangle. A breakout above $632.1 could lead to a significant upward move targeting $687.1. Conversely, a breakdown below $587.8 could see the price testing the $417.1 support level.
Current Price: $568.2
Potential Breakout Levels:
• Resistance: $632.1
• Support: $587.8
• Target Up: $687.1 (+19.11%)
• Target Down: $417.1
Technical Overview:
BNB is currently trading within a symmetrical triangle. A breakout above $632.1 could lead to a significant upward move targeting $687.1. Conversely, a breakdown below $587.8 could see the price testing the $417.1 support level.
#REZUSDT Analysis
Current Price: $0.1059
Potential Breakout Levels:
• Resistance: $0.1481
• Resistance 2: $0.1777
• Support: $0.1039
Technical Overview:
REZ is currently trading within a descending wedge pattern. A breakout above $0.1481 could lead to a significant upward move targeting $0.1777. Conversely, if it fails to break above $0.1039, further downside is possible.
Current Price: $0.1059
Potential Breakout Levels:
• Resistance: $0.1481
• Resistance 2: $0.1777
• Support: $0.1039
Technical Overview:
REZ is currently trading within a descending wedge pattern. A breakout above $0.1481 could lead to a significant upward move targeting $0.1777. Conversely, if it fails to break above $0.1039, further downside is possible.
#AVAXUSDT Analysis
Current Price: $34.84Pattern: Descending TrianglePotential Breakout Levels:
Resistance: $39.02
Target Up: $54.82
Support: $29.64
Technical Overview:
AVAX is trading within a descending triangle pattern. A breakout above $39.02 could lead to a significant upward move targeting $54.82. Conversely, a breakdown below $29.64 could result in further downside.
Current Price: $34.84Pattern: Descending TrianglePotential Breakout Levels:
Resistance: $39.02
Target Up: $54.82
Support: $29.64
Technical Overview:
AVAX is trading within a descending triangle pattern. A breakout above $39.02 could lead to a significant upward move targeting $54.82. Conversely, a breakdown below $29.64 could result in further downside.
🔥 #MarketUpdate 🔥
🚀 Bitcoin ETF Volumes Soar!
Volumes for Bitcoin ETFs have surged to a 7-week high as the price of Bitcoin ($BTC) approaches a remarkable $67,000 mark. Stay tuned as we monitor these exciting developments!
🚀 Bitcoin ETF Volumes Soar!
Volumes for Bitcoin ETFs have surged to a 7-week high as the price of Bitcoin ($BTC) approaches a remarkable $67,000 mark. Stay tuned as we monitor these exciting developments!
🔔 Gold Market Update 📈
Gold prices continue to rise, but outflows from gold ETFs persist. Since Q3 2020, investments in gold bars and coins have significantly outpaced central bank purchases and ETF sales.
📊 Highlights:
- Private investments dominate over ETFs.
- Stable purchases by central banks.
🌐 *Data from World Gold Council, Bloomberg Finance L.P., and J.P. Morgan.*
Gold prices continue to rise, but outflows from gold ETFs persist. Since Q3 2020, investments in gold bars and coins have significantly outpaced central bank purchases and ETF sales.
📊 Highlights:
- Private investments dominate over ETFs.
- Stable purchases by central banks.
🌐 *Data from World Gold Council, Bloomberg Finance L.P., and J.P. Morgan.*
#TONUSDT AnalysisCurrent Price: $6.653
Pattern: Double Top
Key Levels:
Resistance: $7.017
Support: $4.904
Technical Overview:
TON is showing a potential double top pattern. If the price drops below $6.653, it could confirm the pattern, targeting the $4.904 support level. Watch for resistance at $7.017 for any bullish reversal.
Stay tuned for more updates!
Pattern: Double Top
Key Levels:
Resistance: $7.017
Support: $4.904
Technical Overview:
TON is showing a potential double top pattern. If the price drops below $6.653, it could confirm the pattern, targeting the $4.904 support level. Watch for resistance at $7.017 for any bullish reversal.
Stay tuned for more updates!
Do you believe Bitcoin will reach a new all-time high in the next 12 months?
Anonymous Poll
89%
Yes
5%
No
6%
Unsure
🚨BREAKING🚨
$1.5 TRILLION MORGAN STANLEY
HAS DISCLOSED A $270,000,000
INVESTMENT IN THE GRAYSCALE
#BITCOIN ETF
FIRST THEY SAID BITCOIN WAS A SCAM,
NOW EVERYONE IS BUYING MILLIONS
WORTH OF BTC.
SUPER BULLISH
$1.5 TRILLION MORGAN STANLEY
HAS DISCLOSED A $270,000,000
INVESTMENT IN THE GRAYSCALE
#BITCOIN ETF
FIRST THEY SAID BITCOIN WAS A SCAM,
NOW EVERYONE IS BUYING MILLIONS
WORTH OF BTC.
SUPER BULLISH
#NOTUSDT Analysis
Current Price: $0.006812
Key Levels:
Resistance: $0.008113
Support: $0.006493
Technical Overview:
NOT is currently trading between the support at $0.006493 and resistance at $0.008113. Watch for a potential bounce from the support level towards resistance.
Current Price: $0.006812
Key Levels:
Resistance: $0.008113
Support: $0.006493
Technical Overview:
NOT is currently trading between the support at $0.006493 and resistance at $0.008113. Watch for a potential bounce from the support level towards resistance.
#JTOUSDT Analysis
Current Price: $4.716
Pattern: Cup and Handle
Key Levels:
Resistance: $5.260
Support: $4.173
Technical Overview:
JTO is forming a cup and handle pattern. A breakout above $5.260 could lead to a significant upward move. Watch for support at $4.173 in case of a pullback.
Stay tuned for more updates!
Current Price: $4.716
Pattern: Cup and Handle
Key Levels:
Resistance: $5.260
Support: $4.173
Technical Overview:
JTO is forming a cup and handle pattern. A breakout above $5.260 could lead to a significant upward move. Watch for support at $4.173 in case of a pullback.
Stay tuned for more updates!
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🇹🇷 Turkey Takes Crypto Bill to Parliament, Aims to Bring Crypto Licensing to the Country
Türkiye has introduced a legislative proposal aimed at reducing the risks of parties transacting with crypto assets in the country. The proposal has been presented to the parliament. The bill, introduced by ruling party chairman Abdullah Güler, includes various regulations regarding crypto assets and will be implemented by the Capital Markets Board (CMB). This proposal establishes important rules regarding crypto service providers and increases the CMB’s supervision over them.
Türkiye has introduced a legislative proposal aimed at reducing the risks of parties transacting with crypto assets in the country. The proposal has been presented to the parliament. The bill, introduced by ruling party chairman Abdullah Güler, includes various regulations regarding crypto assets and will be implemented by the Capital Markets Board (CMB). This proposal establishes important rules regarding crypto service providers and increases the CMB’s supervision over them.
#BTCUSD 1-Mounth Analysis
📊 Bitcoin Market Cycles Overview
We can observe the four major market cycles for Bitcoin since its inception:
Cycle 1 (2012)
Cycle Top: $31
Cycle Bottom: $2
Cycle 2 (2015-16)
Cycle Top: $1,242
Cycle Bottom: $160
Cycle 3 (2019)
Cycle Top: $19,800
Cycle Bottom: $3,000
Cycle 4 (2024)
Cycle Top: $68,900
Cycle Bottom: $15,500
As we approach 2024, we anticipate the next cycle top. With the upcoming halving, market dynamics are expected to shift significantly.
🔍 Key Levels to Watch:
Current Price: $62,908.29
Resistance: $70,204.75
Support: $46,803.17
Stay updated for more insights and projections!
📊 Bitcoin Market Cycles Overview
We can observe the four major market cycles for Bitcoin since its inception:
Cycle 1 (2012)
Cycle Top: $31
Cycle Bottom: $2
Cycle 2 (2015-16)
Cycle Top: $1,242
Cycle Bottom: $160
Cycle 3 (2019)
Cycle Top: $19,800
Cycle Bottom: $3,000
Cycle 4 (2024)
Cycle Top: $68,900
Cycle Bottom: $15,500
As we approach 2024, we anticipate the next cycle top. With the upcoming halving, market dynamics are expected to shift significantly.
🔍 Key Levels to Watch:
Current Price: $62,908.29
Resistance: $70,204.75
Support: $46,803.17
Stay updated for more insights and projections!