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The Wealth is shifting from short-term investors to long-term Hodlers in the Bitcoin market. This trend of increasing illiquidity has been a key factor in previous bull markets. However, for the trend to continue, it also relies on new #demand entering the market.
In Simple word, A transfer of wealth from short-term investors to long-term holders in #Bitcoin and with that understanding the momentum of supply can help us gauge the strength of demand and its impact on the market.
#TOMO gave a breakout to the downside and moved around 6% in favor after a retest of the level. Trade goes as planned, its time to move stops at Breakeven and hodl it till wickfill around $0.931.
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Here's the Analysis of #GRT :
#GRT is been tapped deeply inside the major resistance zone of $0.132 - $0.135. Price now rejecting the zone and might drop continue till strong support zone of $0.113 - $0.115. Its a high risk setup, take the low volume.
#TKO on verge of breakout on higher timeframe
It’s better to build position here for insane gains😊
#TKO/BTC BUY/LONG CALL
Lying above strong support. EMA'S are also acting as a support. MACD crossover is showing bullish momentum. It will pump hard from here 🚀
Targets: 982-1149-1347-1550 satoshi
Stop if 1D closes below 775 satoshi
#TOMO build-up an consolidation range after a huge drop and waiting for breakout to take potential setups. A buys above $1.113 after closure will be good and sells below $1.024.
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#BTC just tapped and reacted over the Strong resistance area as expected and kinda rejecting it. Still, this range might continue and overall, expecting a breakout by this week. Most importantly, we'll have to wait for the weekly candle close. Let's see it it rejects then $29,850 will be the area for support.
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Here's the Analysis of #ZIL :
#ZIL is been breaking out of the major area of $0.0217 - $0.0220, which will act as major support after closing. On 4H TF, its a break and doing a retest and might move potentially to the upside towards the next resistance area of $0.0244 - $0.0249. Take the setup accordingly with stops below swing low.
Notice of Removal of Trading Pairs - 2023-07-05
https://www.binance.com/en/support/announcement/notice-of-removal-of-trading-pairs-2023-07-05-d9349160f5504b87bd7948d8c36c4615
#BTC continues to consolidate after the weekend and didn't even gave a fakeout either side. With the Global Market open, we might see some movement today and a breakout is expected within this week. Keep the stops tight in open positions.
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Here's the Analysis of #INJ :
#INJ is been trending higher and approaching towards the resistance area of $9.30 - $9.40. Daily candle forming bearish showing resistance being formed on LTF. We can expect a retest back tot support zone around $7.93 - $8.03. You can look for opportunities and confirmation over there.
Hold on tight, we’re about to go much higher!!
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The coin we are pumping today is : COOHA
Buy and hold for massive profits
https://www.kucoin.com/trade/COOHA-USDT
5 minutes left.
We have twitter and all other social media platforms ready to explode AFTER our signal, which means only our members will be the first to get the coin, keep your screens open!
Greetings to everyone,
Our last KuCoin Mega Bull Call broke all records and to celebrate the upcoming Mega Bull Call we're giving our community an amazing surprise in this bear market. the biggest crypto whales wants to help our community and a total of $15k will be given to eligible participants.
Join the bot @WhalesGiveaway_Bot and get your unique referral link. Share the link with your friends, and family, and on your social networks.
To be eligible for the giveaway you need at least 5 referrals through the link and must follow the rules mentioned in the bot.
The winner with the most number of referrals will get a $5000 reward. Here are full details of how rewards will be given:
🔝RANK 💰REWARD
1 $5000
2 $3000
3 $2000
4 $1000
5 $750
6-10 $250
11-50 $50
The final results will be announced on 31th July. Good luck.
#BTC is bouncing off the structural support zone around $30,500. This support doesn't really matter, if price have to go lower and still its a consolidation. IF we break below the structure, we can go lower till support. And we've resistance sitting above $31,370. Eye on a Breakout 👀
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#TKO/BTC falling wedge breakout is done on 12H TF. A joyful ride is expected 🚀
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#TKO/USDT BUY/LONG CALL
Lying above strong support. RSI is showing a bullish divergence. EMA'S are acting as solid support. Stochastic is giving a buying signal. Expecting a big upward move from here.
Targets: $0.3062-0.3645-0.4330-0.5800
Stop if 1D close below $0.2370
What is Digital Dollar ?
A digital dollar refers to a digital form of the United States dollar (USD) that exists solely in electronic or virtual form. It represents an evolution in the way currency is issued, stored, and transacted. While physical cash remains the primary form of money in circulation, the concept of a digital dollar aims to harness the benefits of technology and provide an alternative digital representation of the USD.
Back in May 2021, the Digital Dollar Project was announced, according to which five U.S. central bank digital currency pilots will be launched in the near future, in an effort to promote the US dollar as a form of digital currency around the world.
By digitizing the dollar, it becomes possible to conduct transactions electronically, without the need for physical cash or traditional banking systems. This can potentially streamline payment processes, reduce transaction costs, and enhance financial inclusion by making digital transactions more accessible to individuals who may not have access to traditional banking services.
A digital dollar could be implemented using various technologies, with blockchain being one of the most commonly considered options. Blockchain technology provides a decentralized and transparent ledger system that ensures the security and integrity of transactions. It enables the issuance, tracking, and verification of digital dollar transactions, creating a tamper-proof and auditable record.
The benefits of a digital dollar extend beyond convenience and accessibility. It could also enable the government to have better visibility into the flow of money, enhance anti-money laundering measures, and facilitate the distribution of government benefits and stimulus payments more efficiently. Additionally, a digital dollar could support the development of smart contracts and programmable money, opening up new possibilities for automated transactions and financial innovation.
However, the implementation of a digital dollar also raises important considerations and challenges. Privacy, security, and regulatory frameworks need to be carefully addressed to ensure user protection and prevent illicit activities. Questions regarding the role of intermediaries, central bank control, and monetary policy implications also need to be carefully examined.
This Chart shows Realized price of short-term holders, and long-term holders and The weighted average value reflecting short-term holders' holding value is $26,200, and long-term holders' holding value is $37,370. Overall, we've let with strong hand in the market.
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#BlackRock just re-filed its #Bitcoin #ETF, adding #Coinbase as the exchange 🚀🚀
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What is Double Top ?
Double top is a technical chart pattern commonly used in trading analysis. It is a bearish reversal pattern that forms after an uptrend, indicating that the market may be ready to reverse its direction.
The pattern forms when the price of an asset reaches a high point, then retreats, and then rallies again to the same high point as before. However, it fails to break through this level and retreats again, forming a second peak at the same price level. The two peaks are usually connected by a line, forming a horizontal resistance level.
This pattern signals that the buying momentum has been exhausted, and the bears are gaining control of the market. Traders who recognize this pattern may look to sell their long positions or short the asset, betting on a potential price decline.
Largest Decline of Bitcoin Inflows and Supply in History
"Since March 2020, #Bitcoin reserves on exchanges dropped over 30%."
Our whales holding COOHA above 100%!!! Making sure our members made huge profits again!!🔥🚀🚀
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3rd wave incoming!! Buy he dip and hold this gem for maximum profits!!
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1 minute left, the next message will be the coin to buy!
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10 minutes left.
We expect our coin to be the Number 1 Top Gainer on Kucoin for at least 24 hours, which means millions of outside traders around the world will keep buying and pushing the price higher, we’ll be holding to our 2,000%+ target