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#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF, didn't made any massive move but yes there's some aggressive moves within the zone/ range. Price itself moving within the large range and nothing to expect, on a breakout to the upside is expected. Other scenario can be a deeper retest back to the support around $60,000 which is less market but healthy for the market.
Here's the Analysis of #PIXEL :
#PIXEL is been kept on bouncing from the Strong Support zone of $0.57 - $0.61 and broken the trendline too. Price gave a fakeout of the trendline but still on the support. Buys looks good here for medium risk as market dominance is rising.
#BTC.D (#Bitcoin Dominance) Analysis :
#BTC.D moving within the small uptrend channel pattern and we already saw some whipsaws moves in the market. Dominance is been kept on rejecting the resistance at 54.50% - 54.59%. A breakout will tighten the moves in altcoins if #BTC remains stable or we'll see some strong rejection then we might get into a mid-season alts rally.
Introducing Omni Network (OMNI) on Binance Launchpool! Farm OMNI by Staking BNB and FDUSD
https://www.binance.com/en/support/announcement/3954d04933da443ab539ca38616013de
Here's the Analysis of #BICO :
#BICO is moving with Higher Highs and Higher Lows and kept on respecting the trendline too. Price is moving middle of the nowhere, where there's no clear support or resistance. Its better to wait for the certain point to reachout in the market around $0.60 or build a Support in Daily TF.
#BFLOKI Team giving us hint for tier1 exchange listing on the way for #BFLOKI
Tweet link: https://twitter.com/BitFloki_io/status/1778307742647964085?t=a5LV1jgvgD_bzCaX6RxDWw&s=19
With less than 5M$ Mcap Get ready to witness the monster move from #BFLOKI fueled by anticipation of Tier1 listing and FLOKI hype
Buy it now and hold for moonshot🚀
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#MANTA made a quick 5-8% move as soon as it taps into the Major support. Price made a strong and clear rejection and expecting the movement to the upside. Hodl the positions here and in case of retest again, try to add more.
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#DOT made a good push the upside from the Flip level and moved around 7.6% in profits. Price again made a dip back to the zone as retest and expect it do the same. Price dipped due to unusual market movement, and now it s looks healthy, so take the risk accordingly.
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#BTC strongly Dropped with the #CPI Data Release 📉
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#POLYX again made deep retest back to the initial entry point and price already gave the 17% in profits and expecting the same from here now. Use lower risk here as market is bit unstable. It created a range now, so you can do the range trading.
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#BTC made a break below of the zone as the strong rejections. The break was due to #grayscale inflow, and currently it retesting the zone as resistance. Now, it a bit confusing point, so better wait for the clarity from the market.
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What is Parachain ?
Parachains refer to application-based, individual blockchains (although there is no specific need for them to take the form of blockchains) that run in parallel with each other within the whole Polkadot network. Parachains are connected to Polkadot in a “hub and spoke” style architecture, allowing developers to create new and independently functioning networks powered with the same framework as the main chain.
The technology behind parachains is supported by Substrate, a new-generation framework for building blockchains with web3 functionality, which is also utilized to build and develop Polkadot and Kusama.
Each parachain is connected with the main chain through the central Relay Chain, which allows them to function independently without compromising their connection with the entire network. You can treat a parachain just like a regular blockchain since it can have its own functionality, token, governance system and other attributes. However, each parachain can still enjoy the security provided by the Polkadot network and be backed by its validator model since it is linked by said Relay Chain. In other words, one is not required to build his own validator community in order to maintain a parachain.
There are also “collator” nodes that assist validators in securing parachains. As opposed to validators, collator nodes do not secure the network. Collator nodes keep a record of every parachain data, select new block candidates and confirm the inputs and status of a parachain along with validators. Moreover, cross-chain message passing (XCMP) enables parachains to interact with the main chains.
Since the economics of a parachain can be different from the entire Polkadot ecosystem, they can set different transaction fees according to the choice of their own community.
#BTC just sharply falls and strongly rejecting that area....
Need to closely observe the candle close...
#ETH Analysis :
#ETH is been winding up from the downtrend and broken the Major Resistance area of $3532 - $3613. Price already made a retest and hit the flip area too. We need a daily candle closure above the $3680 level so made the road clear for $4,000 level. Else, we'll see some strong consolidations here until #BTC plays are wild move.
Starting with Short-Term Holders, we can see that their Profit / Loss ratio remains well within a profit dominated regime, with profit taking outsizing losses by 50x. Regular retests of the equilibrium level of 1.0 suggests that profits are being absorbed, and investors are generally defending their cost basis during corrections.
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#BTC flipped the zone and kept it hodling the level, with that, price also facing resistance from the $71,250 area, which looks like kinda stuck in between the level. A small accumulation is been started, and a strong breakout is needed for a clear direction.
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#BFLOKI breakout with massive volume spike recently and now retesting key support level
Buy it on retest in anticipation of continuation from here 🚀
Mexc : https://www.mexc.com/exchange/BFLOKI_USDT
PancakeSwap: https://pancakeswap.finance/swap?outputCurrency=0x79CDc9cA057E16dFfd45BD803491f328f49e1762
Now you can buy $BFLOKI on Binance Web3 wallet🔥
https://twitter.com/BitFloki_io/status/1778445859149225995?t=k728q0mrf6SI_SnL1FQIXA&s=19
As per tweet BitFloki team is giving clear hint for big stuff in pipeline for #BFLOKI holders
Don’t sleep on this project🚀✌️
As per XT.com official announcement XT will list BFLOKI at $0.00012 price on 15th April , 14:00 UTC.
This means we are getting $BFLOKI at very cheap price currently. Grab it and be a early bird of this massive journey 🥳
https://xtsupport.zendesk.com/hc/en-us/articles/31042547390617-XT-COM-Announcement-on-Launching-BFLOKI-bitFloki
#MEXC link: https://www.mexc.com/exchange/BFLOKI_USDT
#PANCAKESWAP link: https://pancakeswap.finance/swap?outputCurrency=0x79CDc9cA057E16dFfd45BD803491f328f49e1762
Get ready🚀
The next 10x PancakeSwap GEM 💎 call is on the horizon, poised to drop anytime between 2pm - 4pm GMT today! 🎉
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#PancakeSwap #CryptoGEM
#BTC dropped with the #CPI Data Release and strong climbed up again. Price still moving back and forth, with that Daily TF, made a fakeout to the down side (Close below and Close Above). Anticipating, a retest of the zone and push in the market.
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Who is Paul Le Roux ?
Paul Le Roux, a enigmatic individual, has sparked speculation that he could be the elusive Satoshi Nakamoto. Le Roux's background includes expertise in cryptography, a notorious reputation as an international crime boss, and a past involvement as an informant for the DEA. Born in Zimbabwe in 1972 to unidentified parents, he was later adopted by a young couple who relocated to South Africa. During his teenage years, his fascination with computers led him to swiftly master programming, securing employment in the UK, U.S., and Australia.
Le Roux's notable achievement was the creation of E4M (Encryption for the Masses), a software designed to enhance public privacy in disk storage, reflecting his staunch belief in shielding individuals from governmental surveillance. Following a divorce, he embarked on a nomadic lifestyle, residing in Hong Kong and the Netherlands while undertaking encryption projects for various enterprises.
Expanding his ventures, Le Roux launched online platforms for questionable prescription drug services under the company RX Limited, reaping substantial profits. He diversified his portfolio to encompass enterprises ranging from land leasing in Zimbabwe to logging operations in the Congo. Settling in Manila, Philippines, he oversaw a network of illicit activities, including arms trading, drug and gold smuggling, and money laundering through his numerous shell companies.
Assuming the role of a cartel leader, Le Roux commanded a considerable armed force from his Manila compound. Despite cooperating with the DEA as an informant, ongoing investigations led to his eventual arrest following a drug deal involving undercover DEA agents in Liberia. In 2020, he was sentenced to 25 years in a U.S. prison for his involvement in RX Limited and his global criminal operations.
With a criminal record reminiscent of a Bond villain, Le Roux's life was veiled in secrecy. While his ventures into murder and organized crime are well-documented, his proficiency in coding and encryption fuels speculation that he could be Satoshi Nakamoto. Though the true identity of Bitcoin's creator remains elusive, Le Roux remains a prominent figure in the realm of potential candidates.
Liveliness is showing a continuous increase, signaling that overall, long-dormant coins are being spent more rapidly than the accumulation of holding time by HODLed coins. This underscores the idea that the market has shifted towards a phase where spending and profit-taking are now the prevailing market dynamics.
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Notice of Removal of Spot Trading Pairs - 2024-04-12
https://www.binance.com/en/support/announcement/529f9465efdc4e138034de7fe02d3e58
Here's the Analysis of #MANTA :
#MANTA is been ranging a bit and rejected from the flip level around $3.00 - $3.05. Price kept on bouncing through the Major Support Zone of $2.58 - $2.67 and broken the trendline too. Price expecting the same from here a drop to the support and buy setup for us, take it with risks management as market is bit unstable now.
#OP started pushing from in-between levels and flipped the major resistance level. Price also forming a reversal pattern, which is a Inverse Head & Shoulder, by which this can be a retest of it. Potential buy can be taken from this zone here.
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#BTC goes with the Daily and Weekly Plan, Price climbed towards the $72,700+ and now on a verge to retest. #BTC already reached the support and might have a bounce through here, but we have a better zone down there around $69,565 - $69,990.
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What is Unspent Realized Price Distribution ?
Unspent Realized Price Distribution refers to the distribution of the average acquisition prices of coins that have not been spent or moved since they were acquired. It provides insights into the profitability of the remaining unspent coins based on the prices at which they were acquired.
In the context of Bitcoin, Unspent Realized Price Distribution helps analyze the profitability of different cohorts of coins that have not been spent. It divides the unspent supply of Bitcoin into different cohorts, such as Long-Term Holders (LTH) and Short-Term Holders (STH), based on the duration of coin holding.
By examining the Unspent Realized Price Distribution, we can assess the average acquisition prices of the remaining unspent coins held by each cohort. This information provides an understanding of the profitability and potential selling behavior of different investor groups.
A-URPD is a variation of URPD that adjusts for coins that have not moved for an extended period. It aims to provide a more accurate representation of the price levels at which coins were acquired by filtering out long-term dormant coins. This adjustment helps in identifying price levels that are more relevant to active market participants.