Trader James Wynn is currently holding a massive $1.26 billion long position on Bitcoin, with a liquidation price at $105,179.
What’s your take on this? Is he an informed whale or just taking a bold bet?
#Bitcoin#CryptoWhale#BTC#CryptoNews#JamesWynn#CryptoMarket
Bitcoin just touched $99K—here’s the pulse:
• ETF demand is outpacing new supply
• Softer Fed talk is cooling the dollar
• New Hampshire okays BTC as state reserve
• A golden-cross chart signal ignited traders
Supply squeeze + macro tailwinds = liftoff 🔥
#Bitcoin#BTC #Crypto #ETF #Macro
#BTC/USDT Elliott Wave Analysis-
Since reaching its lowest point on November 21, 2022, BTC has been on a consistent upward trajectory. The first wave began at $15,476 and peaked at $31,804. Following this, the second wave retraced to $24,901, finding support around the 38.2% Fibonacci level.
The third wave extended from $24,901 to $73,777, establishing a new high. The fourth wave then corrected from $73,777 to $53,485, again finding support near the 38.2% Fibonacci level.
Currently, the fifth wave has commenced, and it is projected to reach the all-time high of $73,777 again. If BTC sustains above this level, it is expected to move up to between $130,000 and $150,000 based on logarithmic analysis, as illustrated in the accompanying figure.
#BTC/USDT analysis-
The price has formed head & shoulder pattern. If it gives trendline breakout then it has potential to go up.
T.F.- 1-D
ENTRY- as soon as it gives breakout above the trendline
SL- below the support line which is marked by green line i.e. 60180
TARGET 1- 73777
TARGET 2- 83250
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
#QTK/USDT
15X potential Token
Entry: $0.55-$0.59
Market cap: $70Million
Short-term targets:
1) $1.13
2) $1.98
3) $2.89
Long term target would be around $10
#EOS/USDT analysis -
#EOS is hitting new highs on the lower time frame (LTF)! It's expected to test its previous swing high. The price has already broken out of the trendline, so now we just need to wait for a breakout of the $0.8745 level to go long.
TF : 15min
Entry : $0.8745
Target : $0.9408
SL : $0.8345
Someone just paid $507,000 in fees for a $0.70 transfer to be included in the #Bitcoin halving block. This seems unreal, doesn't it?
What do you think about this?
YGG$YGG Ready to Big Ride as Per Chary Analysis ?
Timeframe: Daily
🔰 Breakout & Surge
➡️ After breaking out, the price retested the breakout point and surged over 50%.
➡️ This level has now proven to be strong support, confirmed through multiple tests.
🔰 Breakdown & Decline
➡️ Recent breakdown led to a sharp 36% drop from the established level.
🔰 Trading Strategy
➡️ Consider entering trades post-breakdown.
➡️ Suggested stop loss: just above the previous swing high, or adjust based on your risk tolerance.
🔰 Disclaimer
This is for educational purposes only and not financial advice.
$SOL $TON #Yield #Bitcoin #BitcoinHalving
Members! the show seems to be over now!
Mohammad Bagheri, the Iranian military chief, has announced the cessation of attacks on Israel. Despite the deployment of over 300 drones and missiles, Israel's defense systems successfully intercepted the majority, resulting in minimal damage. Fortunately, there was no damage on Iranian soil.
However, the turmoil wiped out millions in the crypto market! We're hopeful for a strong recovery across the entire cryptocurrency landscape soon.
#PeaceAndProsperity
#CryptoRecovery
As a professional crypto trader with eight years of experience, I want to share some advice. Please remember that the market never rises continuously; it fluctuates up and down. The recent drop in Bitcoin's value might seem significant on a 15-minute chart, but if you zoom out to a longer timeframe, you'll see it's just a minor dip. Corrections like this are normal in any market.
Currently, major investors like BlackRock are involved in the market. They might be waiting for smaller investors to sell during these corrections so they can buy at lower prices. Don’t be tricked into selling early; the market will likely rise again. The best strategy to benefit in the long run is to invest a consistent amount regularly, a method known as Dollar Cost Averaging.
Stay cautious and keep investing wisely.
#CryptoWisdom
#HODLStrategy
Not a Financial Advice
#STX/USDT analysis-
The price has formed an ascending channel pattern by making higher highs and higher lows. If it breaks down, then it has the potential to go down further.
T.F.- 1-D
ENTRY- as soon as it gives breakdown
SL- above the lower high i.e. around 3.5350
TARGET- 2.0240
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
#FARM/USDT analysis-
On the daily timeframe, following an all-time low, the price formed a symmetrical triangle pattern. The breakout resulted in a price increase of more than 117% from the breakout level.
According to price action analysis, the entry could have been taken either at the breakout or during the retest. The stop-loss would be placed below the triangle pattern or the higher low formed upon breakout.
Note: This post is purely educational in nature.
Crypto fear & greed Index: 76
Whenever this index reaches 95, then major selling happens. When this index goes above 90, then it is a red sign and correction can happen at any time.
On 14th March 2024, when BTC made a new all-time high, it was around 88 and after that, BTC corrected more than -17.66% from the all-time high till 20th march 2024 swing low.
Yesterday, the index was 78. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#PYR/USDT analysis -
#PYR is in an uptrend, making higher highs (HHs) and higher lows (HLs) structure while finding dynamic support over the 200 EMA.
The price is currently trading above the 200 EMA and is likely to continue its bullish momentum soon. Wait for the breakout of the trendline and enter when the price crosses the $6.912 level.
TF : 1D
Entry : $6.912
Target : $10.312
SL : $5.895
#DAR/USDT analysis -
#DAR is on the rise, and the slope of the 200 EMA is positive. Right now, it's consolidating over a support zone with a positive slope. We can expect it to bounce back from there, continue its trend, and test its previous swing high.
TF : 4h
Entry : $0.2283
Target : $0.2704
SL : $0.2050
#SYS/USDT analysis -
#Syscoin is in a bullish channel, and the price is near the support of the channel and the 200 EMA. It's expected to keep its bullish momentum and test the previous swing high. To confirm entry, wait for the breakout of the $0.2944 level.
TF : 4h
Entry : $0.2944
Target : $0.3644
SL : $0.2539