The German government continued its cryptocurrency transfers today. According to blockchain data analysis firm Arkham Intelligence, on July 1st at 4:25 PM UTC+8, the government sent a total of 400 Bitcoin (BTC) to three major cryptocurrency exchanges: Bitstamp, Coinbase, and Kraken. This latest transfer is valued at roughly $25.28 million. With this transaction, the total amount of Bitcoin moved by the German government to centralized exchanges (CEX) over the past two weeks has surpassed 2,700 BTC.
Читать полностью…$RENUSDT:
#REN has potentially completed break down a bearish head and shoulders pattern. This suggests a trend reversal, with the price likely to move downwards. If the current selling pressure persists, the price of #REN could decline further and reach lower📉
$BTCUSDT:
Our prediction has come true!
The price dropped significantly to $60,000, according to our update. This is good news for those who were already holding short positions, as the price decline would have resulted in profits for them.
if the price breaks below $60,000 with strong downward momentum, it could indicate a steeper decline towards $57,000 or even lower.
$ICPUSDT:
#ICP has potentially completed break down a symmetrical triangle pattern. This suggests a trend reversal, with the price likely to move downwards. If the current selling pressure persists, the price of #ICP could decline further and reach a lower support zone.
$BTCUSDT:
Our prediction has come true!
The price of Bitcoin took a sharp decline, following a breakdown from a previous level of support.
If this selling pressure persists, we could see Bitcoin's price fall further down to the next area of potential support zone, located around $60,000.
The amount of Bitcoin available on exchanges is dipping fast. This suggests a potential decrease in selling pressure and could be a bullish sign for the price of Bitcoin.
#Educational Point👇
There are two main reasons why a drop in exchange reserves might be bullish:
Less Selling: If there's less Bitcoin on exchanges, it means there are fewer coins readily available to be sold, which can reduce downward pressure on the price.
Increased Demand: A decrease in exchange holdings could also indicate rising investor demand. People might be moving their Bitcoin off exchanges and into personal wallets, signaling a long-term hold strategy.
$HOTUSDT:
#HOT has potentially break down a bearish head and shoulders pattern. This suggests a trend reversal, with the price likely to move downwards. If the current selling pressure persists, the price of #HOT could decline further and reach a lower support zone.
$STMXUSDT:
#STMX has experienced a sharp decline (dumped big) in its price following a recent update (22% on spot)
If this support level is broken, we could see a further decline in price.
#Breaking:
Leaked emails have revealed that the Biden Administration will participate in a Bitcoin and cryptocurrency roundtable in Washington, D.C., this July.
This development underscores the growing significance of #Bitcoin and cryptocurrencies in the political arena, marking them as official issues in the upcoming election cycle in the United States.
$WOOUSDT:
The price of $Woo is threatening to break out of the rectangular zone on the downside. This means the price might fall below the recent price range it's been stuck in.
If this selling pressure continues, the price may reach a "lower support zone.
🇺🇸 Fed Chair Powell says they'll cut rates when they make sure inflation is moving back down to 2%.
Читать полностью…$BTCUSDT:
The price is currently near a level where it has previously found buying interest, preventing it from falling further.
If the price bounces back (increases) from the current level, it suggests buyers are stepping in, and the price could rise towards a Upper resistance zone.
If the price breaks below the support zone, the price could fall further towards a lower support level. The daily candle looks weak that suggests a strong possibility of a price decline.
The US announced that the unadjusted CPI annual rate in May was 3.3%, which was expected to be 3.4% and the previous value was 3.4%. The unadjusted core CPI annual rate in May was 3.4%, which was expected to be 3.5% and the previous value was 3.6%. The core CPI annual rate was the lowest since April 2021.
Читать полностью…Buying #FTM in the spot here.
Entry zone - Now
Unusual buying activities were detected recently. Now available above the support area.The chart indicates the next leg up in shorter time frames. It's in continued I'm uptrend and ready for another move anytime soon.
Targets usdt: 0.91$(50%),0.98$(30%),1.04(0.20%)
#News:
An Australian Bitcoin ETF has been strategically scooping up Bitcoin (BTC) every day, taking advantage of the current price dip.
This consistent buying indicates a long-term investment strategy, suggesting the ETF is confident in Bitcoin's future potential.
Slowly and steadily 🙌
$ETHUSDT:
Our prediction has come true!
#Ethereum has experienced a sharp decline (dumped big) in its price following a recent update (10% on spot)
There could be a significant price drop (dump) and it likely to push the price down towards a previously established support zone(neckline). If the price decisively breaks through this support zone, it could trigger a further decline.
$STMXUSDT:
#STMX has experienced a sharp decline (dumped big) in its price following a recent update (26% on spot)
If this support level is broken, we could see a further decline in price.
MicroStrategy has acquired an additional 11,931 BTC for ablut $786.0M using proceeds from convertible notes & excess cash for about $65,883 per bitcoin. As of 6/20/24, MSTR hodls 226,331 BTC acquired for about $8.33B at average price of $36,798 per bitcoin.
Читать полностью…$WOOUSDT:
#WOO has experienced a sharp decline (dumped big) in its price following a recent update (22% on spot)
If this selling pressure persists, the price could head towards lower zone of potential support.
If this support level is broken, we could see a further decline in price.
Today, BlackRock's iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF, saw significant trading activity with a volume exceeding $662 million.
Читать полностью…The number of Bitcoin addresses with a non-zero balance is growing rapidly, indicating increased adoption and interest in the cryptocurrency.
This trend highlights Bitcoin's expanding role in the financial ecosystem as more individuals and institutions engage with digital assets.
$STMXUSDT:
#STMX has potentially completed break down a bearish head and shoulders pattern. This suggests a trend reversal, with the price likely to move downwards. If the current selling pressure persists, the price of #STMX could decline further and reach a lower support zone.
The amount of entities with over 1,000 #Bitcoin is almost at a new all time high 👀
The institutions are buying 🚀
$BTCUSDT:
Our prediction has come true!
Bitcoin's price is experiencing a significant decline, after falling below a crucial support zone (mentioned in chart)
There could be a significant price drop (dump) and it likely to push the price down towards a previously established support zone. If the price decisively breaks through this support zone, it could trigger a further decline.
$ETHUSDT:
Ethereum's price is currently hinting at a double top pattern, which suggests a potential reversal from an uptrend. Additionally, a bearish Bat pattern is also forming, which reinforces the possibility of a price decline.
These patterns suggest that Ethereum's price might be headed lower. The first potential target could be the lower support zone. If the price breaks through this support level, it could signal a steeper decline.
The Federal Reserve has decided to take a break from raising interest rates. They're keeping the target rate between 5.25% and 5.50%.
Читать полностью…I am looking serious traders for june trading capital 🏖
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#LPT update.
10.38% profit so far in usdt pairing 1st target chased. 🔥 🚀
Stoploss to breakeven for remaining position.
Another quick one for Whales 🐋 Crypto 🪙 Family 🌟