After so many attempts of breaking ATHs and got SEVERELY rejected above 70keks, #Bitcoin seems exhausted, and we got gobally many issues, this time is different cuz we have blackrock and other ETFs pumping and dumping LARGER volume than ever... they dont see it the same way that we do, they dont keep self custody, they just wanna make money... Top distribution...
after a steep correction of 88%, the buying volume on the last couple of days are huge, so if we close the monthly above the first line, we flip bullish and is going higher! do not fade it!
$VELAR is a DeFi DEX on Bitcoin, has big VC names behind, big money... this cycle is gonna be everything Bitcoin, ETH will fade and Solana will flip it... We just had, yesterday, iran atacking israel and war ins escalating, crypto markets melted... we might have another dip. . dont miss on ordinals, runes and STX on this cycle!
we may experience a sharp decline in order to panic u into selling your coins for cheap for the big ETF pockets. do not fall for these, look as opportunity to buy lower... altcoins will bleed also. by september we might get the last bottom call for the great Bull Run of all times!!! cheers!
STX brings a lot of improvements this year, that could start more demand, the Nakamoto Upgrade will bring more speed on Transactions and lower fees, the blooming #Bitcoin ecosystem will be the hype of the bull market IMO The Nakamoto upgrade will bring more Defi and new tokens, maybe airdrops, hyped NFTs... etc etc All of this creates demand that will be felt on...
With all this ETF Hype, Bitcoin and his blooming new ecosystem, flourishing aroun him, the Altcoin with the most upside potential is Stacks, STX enables on the Bitcoin Blockchain, all the Ethereum features like Dapps, Defi, NFTs and more... we have the oportunity to own Rare Sats now, fragments of bitcoin the were mined by Satoshi Himself, and transactd to the...
We having multiple mixed economic signals, but taking all the noise out, we can see that US economy will be facing a recession, M2 at the lowest says a recession is coming, today we having jobless claims, inflation came lower than expected, but higher than last one, J.POW will increase the rate hikings, and Muricans are saving lower cash than ever... This may...
Solana had a nice run last year and its now -85% from ATH, they had many network issues, and have some large locked tokens to be released, but it is like $ETH in its early days, wich had many troubles even a hard fork into $ETC. Solana has the 3rd most developed Dapp ecosystem, in number of Dapps, as of now jun/2022, and is backed by some big players... i can see...
The last days PA was pure cancer, HFT bot wars every day, Bitcoin is in bad shape due to high greed fueled by fear of the war on Ukraine and US regulators + inflation rising everywhere in the world, stocks market are crazy Oil is skyrocketing, nickel mooned the other day, Gold is facing heavy volatility also.... markets are crazy... Bitcoin is fueled by tether,...
For future prosperity, manage your risk accordingly
also we have this bearish shark in action on the 4hrTF... we could see more downside and consolidation over the next days...
as we have too much leverage on the markets, alongside the inflation news all over the globe, some fud here and there, and $BTC might go for a correction after a heavy run up ! on the chart we can see the main POC of that interval, wich could provide some support, as we well know bitcoin can do 10k drops and vast v-shape recovers...
as BTC goes into price disovery, we must have a altseason, remember how works the money flow: bitcoin -> largeCaps -> midCaps -> smalCaps. as we have seen $DENT doing amazing returns on this bull run, and DENT Wireless are indeed a Telco, and keeps developing and sellig his product to other telcos worldwide, this look i am doing takes in consideration a elliot...
As always, MATIC !!! polygon, even with the hack, his product is really good, his layer2 on ETH works flawless and it show on increasing use-cases and volume... this is for sure a long-runner !
they say it's the hardest money... we have a harmonic AB=CD pattern on the weekly, we had this ETF SEC approval today, usually this leads to a dump, wall street does not wants to buy 62k BTC, this is not how they want to enter the game... today's PA was total exchange liquidity enginerring SCAM made by Algos... let's hope for the corn !
Bearish Gartley on the Daily, Bitcoin price action has been heavy manipulated with spoofed orders and momentum ignition bots, that's why we' had so many BART's latelly, trade with caution ! NFA
$ETH gave me huge profits since i first bought, is a win/win choice !!!! And after a massive rally of over 3.3k percent since coronaday, ETH maybe needs to take some breath for the ultimate pump action after yhe triple halving event. time will tell... i am just leaving this here, NFA !
we might have an retrace, so far so good for DENT this year, we came from... 0,00000000 now maybe we can rebuy at around one cent again. and maybe never again will worth a penny anymore... the green zone is rebound/refill zone to me ! what do you think ?? comment !