Market has changed a lot when April came.
It's summer crypto season when the liquidity/volume drained.
Potential Breakout patterns tend to turn FAKEOUT results (Buji Khalifa towers formed )
New Situation/ New Strategy is needed.
There is a battle between which one is more bullish between BTC dominance & ETHBTC chart.
Читать полностью…#GOLD going up aggressively is the sign that many abnormal things to come for this world.
Читать полностью…Historically #BTC tends to move aggressively after 2 consecutive months closed over the upper Bollinger Band monthly.
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#BTC took Spotlight in this month.
Alts are stuck to move.
Once the price goes out the triangle the volatility will be crazy 👀
BlackRock updated its bitcoin ETF prospectus w/ many new Authorized Participants incl first-timers Citadel, Goldman Sachs, UBS, Citigroup 😳
Читать полностью…Tether Treasury minted 3B $USDT on #Ethereum and #Tron in just 3 days.
Where did these minted $USDT go?
Since Apr 1, ~2.55B $USDT has flowed into #Binance, #Bitfinex, #Kraken, and #Coinbase.
1.018B $USDT to #Bitfinex
824.1M $USDT to #Kraken
614.6M $USDT to #Binance
93.8M $USDT to #Coinbase
#BTC Next step:
WallStreet Hedge Fund will get liquidated by SHORT SQUEEZE creating by Binance/Bybit Retailers.
Input Data: Bitcoin ATH marketcap 2021 = GOLD ATH marketcap 1976
What happened after GOLD Macro ATH 1980 ?
20 years of Bear Market
What will happen after BTC 2025-2026 ?
Study how LUNA went up from 0.2$ to 100$ at previous cycle.
#ENA is LUNA 2.0 👀
https://twitter.com/ethena_labs/status/1777306583921529163
In bear market everyone gets excited in BTC bounces 😁
In bull market everyone gets silent in BTC pumps 🙂
Current production cost #BTC is $50k
It is expected that after Halving the production cost will be doubled ~$100k
Current basement price is 66666.
Crypto Summer might led to boring market around basement but once the consolidation finish, Bulls will kick off a new cycle after Halving.
GrayScale has $21B remaining to sell.
Other ETFs keep buying.
Hand changing process continue in Summer until GrayScale runs out.
Summer = Consolidation time 👀