Bitcoin -1% on the fud.
Mt. Gox bitcoin distribution could be one of the biggest FUD all the time.
If we were in bearmket this would be 10% red candle.
Today's news:
- SEC officially approves spot Ethereum ETF trading for tomorrow.
- BlackRock bought $523 million Bitcoin today
- GrayScale sent $1B ETH to Coinbase on the first day ETF trading
Biden is out, quits presidential race
It means other candidate will join.
It would be tougher for Trump.
Bitcoin is fluctuating on this news
https://x.com/JoeBiden/status/1815080881981190320
At June, BTC lost MA128 daily. The result was -18% drop. ETH SOL did the same.
Now they'r back to trade above MA128 again 😉
JUST IN: Customers, Mt. Gox reports that their distribution has arrived in Kraken accounts.
If no drops on this news, this will mark pico bottom.
Reason why ETH has not moved much is BTC didn't move.
People forgot the owner of game is Bitcoin, not ETH ‼️
It seems Mt Gox really is distributing Bitcoin to their customers after long awaited time ?
Читать полностью…The Ethereum ETFs are due to launch tomorrow
A big question now is which one will be winner ?
ETH or SOL?
ETHEREUM kids or SOLANA kids ?
That would be an interesting rally summer.
#BTC EMA5 4hourly is working as local support.
Still nothing changed much in high tf.
BTC is still trading above MA128 daily.
Green market doesn't mean everything is green.
Only few are good
Much more difficult than previous cycles
Is #Turbo a meme in Solana chain or Ethereum chain ?
The answer is BOTH
TURBO is a chosen winner.