#Bitcoin price rejected around 63k which is also the level of resistance.
I'm still waiting for a big move honestly as we're getting bored af.
https://www.tradingview.com/x/AW4jVxRO/
Coinbase saw trade volume in Q1 more than doubled to $312 billion, with institutional volume increasing faster than retail, accounting for 82% share of the total.
Читать полностью…Something to say;
It's true that people can make big gain during bull rally, but not all can make and keep it in the end of the bull cycle. Recently the market has had many fluctuations. Each sessions that sweep 15 - 30% and if you don't know how to manage risk, you can lose a lot of money or get liquidated.
Do not bet against the trend and use the leverage carefully (if you do): Close it when you feel right, don't get too greedy. Stop-loss strategy (for leverage traders) is also necessary to avoid more losses when the trend goes against the trade, If not one day you'll be liquidated so don't hope for the greatest comeback.
Not all the tokens would go up, you might pick the wrong ones at the beginning and there are many scam projects across the board. Therefore, pick the tokens carefully with high potential and confirmed a bullish trend. Also enter at the right time is the most important.
Patience (for spot hodlers): Someone loss the trust in their bags and moving to increasing tokens which can cause to the big loss, new ones go down and your old ones go up. Patience is the key, don't let your emotion make you to be a FOMO-er.
Capital management and risk management also affect trading results. Study it!
@thebull_crypto
$CEL has surpassed $0.9
patience is the key!
https://www.tradingview.com/x/OXZqmrI8/
U.S. spot Bitcoin ETFs saw +$217.3m net inflows this Monday. Second consecutive inflow day for $GBTC.
Читать полностью…We gotta love that move, btw there will be less setups until the ath breaks
https://www.tradingview.com/x/RBL4f6sb/
Tether's latest attestation for Q1 2024 shows they hold $5.37 billion in #Bitcoin as reserves
Читать полностью…Bitcoin dominance bouncing from support. The reason behind alts bleeding.
https://www.tradingview.com/x/bJIeTVxF/
While the U.S. consistently accounts for the lion’s share of stablecoin purchases, global demand is increasing, with a diverse representation of nations and regions contributing to over $40 billion in purchases in March 2024 alone.
Читать полностью…Among offshore markets Binance’s BTC market share currently stands at approximately 55%, down from over 80% a year ago.
Bybit saw the strongest increase in market share this year, growing from 2% to 9.3%. OKX’s market share also jumped to 7.3% from 3% a year ago.
#Bitcoin 68 days of accumulation.
It preparing for a big move so be prepared.
https://www.tradingview.com/x/OG6rPAG3/
Using NUPL, we can identify the classic Euphoria phase of a bull market where unrealized profits surpass more than half the market capitalization size (NUPL > 0.5).
In the 2020-21 cycle, this phase was triggered 8.5 months after the Bitcoin halving, and saw sustained upside for almost 10.5 months afterwards.
However, in this cycle, NUPL breached 0.5 approximately 6.5 months before the halving. This distinct shift highlights the significance of US ETF in shaping and accelerating price action by introducing powerful demand into the market.
#glassnode
The most altcoins gonna act like this
Rule 1: Do not let yourself shaken out
https://www.tradingview.com/x/c9r1hPJT/
The current BTC price is the average purchase price of the Spot Bitcoin ETF buyers, ~$57K to ~$58K
Читать полностью…Friendly Advice To All My Brothers:
Do not let yourself get shaken out just before we run it back to ath'sЧитать полностью…
Since Jan 2023, prices have increased hard every time Bitcoin has 22% correction done.
23% correction already at this point, so what's next?
Many believe we will get another one, but honestly I think that was it.
https://www.tradingview.com/x/C70LwXSK/
Crypto market is seen as boring during summer, but it’s my case for study, and learn.
🔹Here are the advises to be successful in this crypto bull market:
Stay updated on narratives/trends and try to participate them in early stage ➜ Prioritize solid tokens during the bull run ➜ Build long term bag
— Avoid over-leveraged in any market conditions
— Do not catch knives in a market bound between support and resistance, displaying no discernible trend
— Remember to take profit along the way. A well-balanced take profit strategy is an integral component of a successful trading plan that focuses on sustainable gains
Earning money is good but preserve what's earned is more important!
Читать полностью…
Wait for alts to look better as volume is looking very weak I know is boring but that’s how the market is.
Stay tuned and ready for moves!
#Bitcoin dominance testing support level.
Please be advised that it usually takes risk during bored market. De-risk is recommended at this point.
https://www.tradingview.com/x/LoRI7prV