#BTC retraced -9.2% from $124.4K high to $112.9K with weaker capital inflows indicating investor reluctance at elevated levels 📉💪. Current realized cap growth at +6%/month vs +13%/month during initial $100K breakout 📊⚡️.
Highlights significantly softer demand appetite from investors at current price levels 🔄👀💰
Highlights significantly softer demand appetite from investors at current price levels 🔄👀💰
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#BITCOIN DAILY TF UPDATE : #BITCOIN on Daily TF, failed to flip the resistance area, and had a clean drop from there. Price broke the support area and now near to its next support zone around $106,000 - $106,450. We already warned about the market now still…
#BITCOIN is holding the support trendline for now. However, there is still weakness in the market, and I expect the price may visit the support area.
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#DXY UPDATE : #DXY had very slow retracement through the week, Index retested the weekly level and Daily area, and dumped hard, on Friday with the Powell Speech. Now its again on the Major Support Zone.
#DXY is once again testing the major support area, and things look bearish. A break below this major support level will weaken the dollar, bringing more money into the stock and crypto markets.
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#DXY UPDATE : #DXY had very slow retracement through the week, Index retested the weekly level and Daily area, and dumped hard, on Friday with the Powell Speech. Now its again on the Major Support Zone.
#DXY is once again testing the major support area, and things look bearish. A break below this major support level will weaken the dollar, bringing more money into the stock and crypto markets.
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Here is the analysis of #ARB:
The price is currently testing the support area, and there is a triangle pattern on lower time frames. Opening a small long position here is a good option, as a bounce is expected. A break of the trendline will lead to upward movement.
The price is currently testing the support area, and there is a triangle pattern on lower time frames. Opening a small long position here is a good option, as a bounce is expected. A break of the trendline will lead to upward movement.
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#BTC broke the Bear Flag Pattern and given a shallow break of the support too. Price can trend bearish now, so be careful to any open futures position. Wait for the further price action to develop.
#BTC continues its bearish trend and has tapped the lower support zone. I expect some sideways movement in this support area.
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#US30 UPDATE : #US30 maintained it structure and had some strong stop hunts of previous low. With the powell speech, Index had a very strong pump making new All Time High. Now it can retrace till 45,200 and 45,000 area, which could push price further higher.
#US30 moved as expected, and the price retraced to the $45,200 zone and bounced from there. Price is heading towards the all-time high and will continue to push higher.
Metaplanet acquired additional 1,009 #BTC, bringing total holdings to 20,000 BTC 🚀💰. Another major institutional accumulation showing continued corporate adoption 📈💪.
Significant whale activity reinforcing long-term bullish sentiment 🎯⚡👀
Significant whale activity reinforcing long-term bullish sentiment 🎯⚡👀
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Here's the Analysis of #ALT :
#ALT still moving within the consolidation between the key support and resistance area of $0.022 - $0.024 and resistance area of $0.044 - $0.045. The range is long enough to play longs and shorts until it breaks. Short-term short selling can be done after a clear close of $0.030 mark.
#ALT still moving within the consolidation between the key support and resistance area of $0.022 - $0.024 and resistance area of $0.044 - $0.045. The range is long enough to play longs and shorts until it breaks. Short-term short selling can be done after a clear close of $0.030 mark.
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#BTC continues its bearish trend and has tapped the lower support zone. I expect some sideways movement in this support area.
#BTC flips above the $110,00 after the support held strong. Still its looks bearish and can go lower, but stay on the safer side use stops in every open positions.
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#GOLD UPDATE : #GOLD move to the support zone as expected and had a fantastic bounce from there. Price flipped the zone and now driving higher with a proper retest and next resistance area is at $3394 - $3399. If broken the further scale-in can be done.
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