Adam Asboth

Entrepreneur | Stock and crypto trading #Bitcoin

[AO @AO_btc_analyst]

#BITCOIN

It's almost time.

[Ash Crypto @AshCrypto]

ALTSEASON 2.0 WILL START SOON

[Mario Nawfal @MarioNawfal]

History is about to rhyme...

[Adam Asboth @adamasbth]

this guy is a legend

[Altcoin Daily @AltcoinDaily]

Anyone else? #crypto

[Adam Asboth @adamasbth]

100K today, believe me!

[Steve Burns @SJosephBurns]

Cutting losses explained:

“If you get on the wrong train, you should get off at the next station as soon as you realize it. The longer you stay on, the more expensive the return trip may be.”

- Japanese Saying

[MartyParty @martypartymusic]

Top 10 Bitcoin Holders is getting interesting

1) Satoshi Nakamoto 1.1m
2) @binance 550133
3) @BlackRock 347767
4) @Grayscale 263801
5) @MicroStrategy 226500
6) @bitfinex 221315
7) US Government 213246
8) Chinese Government 190000
9) @Fidelity 176626
10) @B1 (Block One) 164000

@saylor its an arms race.

[Ash Crypto @AshCrypto]

WHALES ARE NOW ACCUMULATING
BITCOIN AT VERY HIGH PACE.

SUPPLY SHOCK IS COMING BECAUSE
NOW MANY COUNTRIES ARE FOMO-
ING INTO BTC WITH BILLIONS.

GET READY FOR THE MASSIVE BULL
RUN IN NEXT 6-8 MONTHS.

[Ai Business Journal @ArchieIntel]

JUST IN: JP Morgan says Institutions bought the dip while Retail panic-sold aggressively.

Retail sold -$1 BILLION
-2.5 standard deviations BELOW the 12m average

Institutions bought +$14 billion
+2.9 std dev ABOVE the 12m average

[Watcher.Guru @WatcherGuru]

JUST IN: Spot Ethereum ETF trading officially live.

[Ash Crypto @AshCrypto]

🚨 BREAKING 🚨

THE NEW YORK STOCK EXCHANGE
(NYSE) HAS CLEARED THE LISTING
OF BITWISE AND GRAYSCALE ETH
TRUST’S SPOT ETHEREUM ETF.
TRADING WILL BEGIN TOMORROW.

GET READY FOR FIREWORKS 🔥

[FinancialJuice @financialjuice]

US CPI BREAKDOWN

[Ash Crypto @AshCrypto]

I've analysed the market over the past
2 days and this could be BTC bottom.

I've compiled some TA and FA.

Read below!

1. Bitcoin Netflow in Exchanges

There's 68.4k $BTC going out of exchanges. This large amount was last seen in July and Nov 2022.

2. Wyckoff Method

Bitcoin is currently replicating the pattern here. This is where the accumulation starts before the exponential price rally happens.

3. Net Liquidity

Fed Net Liquidity shows a strong spike. The same rate of change that happened in March 2023.

Take note: $BTC price pumped +38% in a week.

https://t.co/Luk2ZrZsxE…

4. Rainbow Chart

In this chart we can see that every time the price reached the purple zone, it never got back to it until BTC reached a new ATH.

The purple zone represents the price button. This is the cheapest zone to buy BTC.

5. Stablecoin Liquidity

$16 billion worth of stablecoin liquidity will enter the market soon.

Read more here: https://t.co/Luk2ZrZsxE…

6. Rate Cut

Multiple market analysts said the interest rate cut is being held until the election. Political move? Who knows.

But Fed Chair Powell says holding rates too high for too long could jeopardize economic growth.

Once the interest rate is down, investors' money will flow in the market.

7. U.S. Presidential Election

The 2024 election is fueled by crypto. Candidates who embraces crypto have a strong winning chance.

Donald Trump, known for his strong stance on crypto, has an 85% chance of winning the election after the presidential debate between him and Biden.

8. Bitcoin Spot ETF.

Last week BTC ETF showed a positive inflow after 3 consecutive weeks of outflow.

9. Personal Note

The price has bottomed, but perhaps we can still see minor red candles due to Mt Gox and German govt fud.

With Fud the worst case scenario or you can say the max pain point- I think will be $44k - $48k

But we know By early 2025, Bitcoin will be easily hit $150,000 - $250,000 so don’t stress about these short term price actions.

10. If you like this thread make sure to follow me and turn on the notification icon.

[Trader Tardigrade 🧬 @TATrader_Alan]

#Bitcoin is in UPTREND along 10 sma on Monthly chart 🔥
$BTC retraced near 10 sma which is an important support moving average in history.
It will probably hold up above 10 sma and move upward along it until the end of this cycle 🚀

[Ash Crypto @AshCrypto]

🚨BREAKING🚨

EUROPE’S SECOND LARGEST BANK, BNP PARIBAS, PURCHASED BLACKROCK SPOT ETF

BULLISH MOVE FROM EUROPE🚀

[Ash Crypto @AshCrypto]

🚨LIQUIDATION ALERT 🚨

$8,400,000,000 WORTH OF SHORTS WILL GET LIQUIDATED IF BITCOIN BREAKS ITS PREVIOUS ALL TIME HIGH OF $74K

[Ai Business Journal @ArchieIntel]

BREAKING: 🇭🇰 Hong Kong set to approve spot #Bitcoin & Ethereum ETFs by Monday - Bloomberg

Up to $25 Billion in demand for Bitcoin from China is expected to be unlocked.