thespotchronicle

The Spot Chronicle -
Infos not Advice

[thespotchronicle @spotchronic]

#Trump’s pro-crypto stance is boosting #market optimism, but the outlook is complex. Regulatory ease could be bullish, yet #inflation risks from tariffs & spending might trigger rate hikes, pressuring #Bitcoin. 📉 #Crypto #volatility

[thespotchronicle @spotchronic]

🚨 $BTC is eyeing a #goldencross, with 50-day MA ready to flip the 200-day. If we get the breakout, we may rocket to $100K+ 🚀. But heads up - they can be tricky + fakeouts happen. 📉 Keep stop-loss tight + watch resistance levels. Bulls are buzzing, but volatility’s the game.

[thespotchronicle @spotchronic]

@milesdeutscher Not much chatter about the potential #GoldenCross on #BTC this weekend - a rare signal we last saw in Feb 2023, which sparked a major bull run. Are we going to have the next one?

[thespotchronicle @spotchronic]

🔥 #Bitcoin #GoldenCross Incoming! $BTC’s 50-day MA is set 2 cross the 200-day MA within 24 hours! 📊 Last golden cross in Feb 2023 pushed BTC by 30%+ 📈. With BTC now holding near $67K, could we be on the edge of another surge? Hold tight! 🚀 #CryptoAlert #BullishSignal #BTCNews

[thespotchronicle @spotchronic]

U.S. #jobless claims surged by 33K last week, hitting 258K, fueled by strikes and #Hurricane Helene. With #labordata disrupted, economists expect a 25bps #ratecut in Nov. +liquidity could boost #crypto, but uncertainty lingers. Key data ahead. #BTC #ETH #FOMC #FedRate #Markets

[thespotchronicle @spotchronic]

🚨 US #inflation hits 2.2%! #Fed likely to slow rate hikes, setting up a bullish outlook for #BTC and #alts. Liquidity could flow back into risk-on assets, with #DeFi and #Layer1 poised to gain. Is the next #crypto rally brewing? 🚀📈 #Bitcoin #altcoins

[thespotchronicle @spotchronic]

@Garmin Garmin left us in the air.
Real story.
Miles to run to find support.

[thespotchronicle @spotchronic]

@Garmin And for people who are patience proofed. Looking for support a whole week passed already and no reply. All landlines down and no way to get in touch. This is record!

[Arthur Hayes @CryptoHayes]

The Fed cut, now all eyes are on BOJ meeting decision due this Friday.

Watch USDJPY like a hawk.

In the very short term:

$JPY weak = $BTC strong
$JPY strong = $BTC weak

[thespotchronicle @spotchronic]

#Powell hits the panic button! His delayed reaction now bends to market demands instead of steering #Fed independently, risking turmoil in a stabilizing economy's growth & confidence. With trust in Fed leadership wavering, the very recovery they aim to protect may be undermined

[thespotchronicle @spotchronic]

🚀 Top #Altcoins in the last 24h:
1. Wormhole $W +40.57% - Cross-chain growth.
2. JasmyCoin $JASMY- Market recovery gains.
3. SPACE ID $ID - Boosted by new integrations.
4. Celestia $TIA - Modular blockchain hype.
5. Base Dawgz $DAWGZ - Early investor attention.
#Crypto

[thespotchronicle @spotchronic]

🚀 Major updates for #Filecoin $FIL! 🌌 Deployed #IPFS in space with Lockheed Martin, launched FILs Ecosystem Explorer, & rolled out Saturn's #Web3 CDN beta. Innovative strides are fueling +momentum. 🌟 #Crypto #DePin #FVM #DecentralizedStorage #CryptoInvesting

[thespotchronicle @spotchronic]

📉 #Bitcoin slumps 2.32% to $64,679 post-#FOMC decision, amid selling pressure. Today's range: $63,746 - $66,810. Despite short-term dip, #BTC up 119% YoY. Key levels: support at $63K, resistance at $66.8K. Watch macroeconomic shifts for future moves. #Crypto $BTC #StockMarket

[thespotchronicle @spotchronic]

Chainlink's integration with 21Shares' #Ethereum #ETF for PoR is a game-changer! 🌐 Enhancing transparency and trust, this move sets a new standard for institutional adoption of #DeFi and #Cryptoassets. Expect increased investor confidence and market growth! 🔗💹 #Chainlink $LiNK

[thespotchronicle @spotchronic]

@rovercrc Seems like currently it is looking more for the next support at $1.77 ...

[thespotchronicle @spotchronic]

With $BTC at ~$66,623, #altcoins like $MATIC are showing positive moves, up 1.82% today! 📈 This highlights increasing investor interest in alts amidst BTC's fluctuation. 🌟 Keep an eye on altcoin performance! 🔍 #Crypto #Polygon #BTC #DeFi

[Skew Δ @52kskew]

$BTC Flow Update
Early week update

$BTC Aggregate CVDs & Delta
Price still largely driven by takers, an important note when it comes to momentum behind price & where liquidity is

not uncommon to see a taker driven retrace after a move up

$BTC Binance Spot
In terms of liquidity price is currently trading around spot supply & having tested it already early this week

seeing some spot demand around $64K, would like to see the continued rise of spot bids chasing price for higher

Takers will be very important with passive demand for seeing a breakout imo given how heavy spot supply is above price

$BTC Spot CVDs & Delta
Move up was driven by aggregate spot taker bid, evident in Spot CVDs

currently we're seeing taker selling from binance & coinbase spot

important to see absorption on early week dip for higher

$BTC Binance Perp & Bybit Perp
Pretty clear short covering bid prior to the move up & shorts being squeezed out
- OI lower
- Perp CVD higher (taker bid)

Currently looks like shorts still favoured
- OI increasing
- Perp CVD declining
- Funding below baseline
- Perp discounts

[thespotchronicle @spotchronic]

Is #AltcoinSeason upon us? Key indicators like declining $BTC dominance and surging $ETH, $BNB, $SOL, and $LINK suggest so. Watch for #DeFi tokens and Layer-2 solutions like $MATIC, which shows strong potential with bullish technical indicators. #Crypto #DeFi #TA #CryptoTrading

[thespotchronicle @spotchronic]

$DOT! 🚀 #Polkadot is showing mixed signals with key support at $6.00 and resistance at $6.50. The MACD bullish crossover and potential ascending triangle pattern indicate upward momentum. Watch for breakouts + trends. #DOT #Crypto #TechnicalAnalysis #CryptoTrading

[thespotchronicle @spotchronic]

SEC's likely approval of #ETH #ETFs by mid-July could attract $15B by 2025. This milestone will enhance network security, scalability, and benefit DeFi projects. Positive outlook for $ETH and related #altcoins. 📈 #Ethereum #CryptoInvesting