CryptoQuant CEO Ki Young Ju believes the market is still overestimating how much Mt. Gox repayments will affect Bitcoin prices. He suggests that whales may use this situation as an opportunity to acquire more Bitcoin at lower prices.
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i think a lot of folks, #bearish on the germany #fud, were caught #offguard as to how quickly and #violently this crazy market is able to #recover. they cannot run with the same #playbook for #mtgox and expect to get away with it - everyone has since #learned the rules of that game. so i'm embracing this event as a useful #distraction. the real focus here is #donaldtrump's speech which is ever deciding the future on #cryptocurrencies. his chances of winning the #presidency spiked shortly after his assasination attempt on all #predictionmarkets - a great indicator for sampling the current #metagame sentiment. with #trump on board, it's likely for any #pro-crypto regulations getting passed. he has stated before publicly on various occasions his gracious support, which now became the main driver of the #republican party's ticket. on this #pump i managed to identify the potential winners and losers of this cycle, since they we're the projects that survived the #german onslaught; and have #derisked the losers from my #portfolio. that slice of capital will see reinvestment by means of #diversification; into #stocks to cover my bases for Q4. $GLXY / $BRPHF Galaxy Digital $COIN Coinbase $SLNH Soluna $RKLB Rocket Lab Rocket Lab will be my only diversification outside of #cryptostocks for now, because venturing into #space is mankind's next obvious destination. also, i enjoy having some space tech in my portfolio because it's really cool and kind of #based. the global #mindshare is slowly manifesting into this direction of #technology, and the chart has been forming a bullish #doublebottom w-pattern on the #monthly. i couldn't resist.
CryptoQuant CEO Ki Young Ju believes the market is still overestimating how much Mt. Gox repayments will affect Bitcoin prices. He suggests that whales may use this situation as an opportunity to acquire more Bitcoin at lower prices.
Bitcoin whales set to stack more amid ‘overestimated’ Mt. Gox FUD: Analyst
cointelegraph.com
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Strategic Advisor to Energy Companies, Private Equity, & Bitcoin Mining | Bitcoin Adoption | Energy Abundance | National Security
If #Bitcoin's intraday or intraweek trading price levels are giving you heart palpitations, it's time to take a step back and re-evaluate your approach. You likely have lost the plot. #Bitcoin is meant for long-term savings, not short-term gains. Anything else is just gambling, and if you're not careful, you could end up being Whale 🐳 food. #Bitcoin #longtermsavings
Bitcoin Whale Accumulates Staggering 4,380 BTC in 37 Days
bitcoinnews.com
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Bitcoin stalls below $38K as analysis hints 'Notorious B.I.D.' is back Bitcoin whale entities are bringing back the status quo from Bitcoin's Q1 breakout, with the BTC price battleground now clearly defined. #Bitcoin #BitcoinPrice #Markets
Bitcoin stalls below $38K as analysis hints ‘Notorious B.I.D.’ is back
cointelegraph.com
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📈 #Bitcoin is facing resistance below $38K, and analysis indicates that the ‘Notorious B.I.D.’ is back in action. Bitcoin whale entities appear to be reinstating the status quo from Bitcoin’s Q1 breakout, clearly defining the BTC price battleground. #btc #analysis #crypto
Bitcoin stalls below $38K as analysis hints 'Notorious B.I.D.' is back
cointelegraph.com
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Current Bitcoin Cash Price Volatility Could Drive BCH in Either Direction – Analysts Recent #BitcoinCash price volatility has triggered a neither-here-nor-there prediction for #BCH, as indicated by the widening of its Bollinger Bands (BB) https://lnkd.in/ef-rZeZn
Current Bitcoin Cash Price Volatility Could Drive BCH in Either Direction – Analysts
https://thebitgazette.com
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The impending expiration of significant Bitcoin and Ethereum options, valued at $1.5 billion and $800 million respectively, on April 12, 2024, is expected to contribute to increased volatility in the crypto market. Analysts have noted a surge in volatility, with Bitcoin trading between $66,000 and $72,000 and short calls emerging as the dominant trade of the month. The recommended selling in the medium term due to the halving event has further contributed to market dynamics. Traders and investors are advised to closely monitor the situation to mitigate unwanted stop-loss orders or poor trading decisions, as the impact of option expiration on the underlying asset's price is anticipated to be short-term.
Bitcoin and Ethereum Options Worth $2.3 Billion Set to Expire on April 12, 2024 - How Will This Impact Market Volatility?
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Learn #Bitcoin; the hardest part might actually be holding on in the face of parabolic price upswings. One of these days, it's never coming back down and $220k will look like a bargain. The key with #Bitcoin is to not treat it as a trading tool to accumulate more dollars. #Bitcoin is savings outside the system; a tool for bolstering personal financial sovereignty. Do you take profits from your savings account? Or do you accumulate purchasing power there for future use when you need it? https://lnkd.in/g6kHuWgE
Bitcoin Surges Past $70K, Analyst Expects $220K Pre-Halving
https://bitcoinnews.com
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Zerocap's CIO Jonathan de Wet spoke with Sebastian Sinclair from DLNews on Bitcoin potentially reaching the $100k mark as early as May, following the Fed's recent rate stance. Visit the article below for the full scope ⚡ https://lnkd.in/ddnjYdzW #crypto #bitcoin #trading
Traders cheer Fed rate stance as analyst sees Bitcoin at $100,000 in May
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🚀 Bitcoin Battles for $69K Amid Heightened Volatility Bitcoin is on the cusp of reclaiming key levels as it approaches nine-day highs, marking an impressive start to the final week of March. Despite this surge, caution remains prevalent among traders, with the $69,000 mark serving as a critical battleground for price action. 🔎 Resilience Amidst Resistance BTC/USD surged nearly 3% on the day, swiftly recovering from previous losses. However, the psychological barrier at $69,000 looms large, requiring a decisive breakthrough to confirm bullish momentum. Traders are closely monitoring liquidity levels, with significant buy orders at $60,000 and formidable resistance near $74,000. 📊 Popular trader Skew emphasizes the importance of closing above $69K to sustain bullish momentum, highlighting the evolving dynamics of bid liquidity and resistance zones. Meanwhile, Keith Alan adopts a cautious stance, anticipating potential retracements despite a bullish bias. 🛡 Mounting Liquidation Risks The stakes are high for traders as liquidation risks escalate. Data from CoinGlass reveals a significant liquidation of BTC shorts, totaling $50 million within a 24-hour period. Furthermore, a breach above $70,600 could trigger an additional $500 million in short leverage, underscoring the volatility inherent in Bitcoin's price movements. As Bitcoin navigates through these challenges, it's crucial to stay informed and vigilant. Follow AlphaBlock for more insights and updates on the evolving cryptocurrency landscape. Stay tuned for the latest developments in Bitcoin's journey towards new heights! and to read more about this article click here: https://lnkd.in/gqeR_szV #Bitcoin #Cryptocurrency #Volatility #BTCPrice #AlphaBlock 🔥
BTC price battles for key $69K as Bitcoin nears short liquidation zone
cointelegraph.com
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Our Daily Market Report is out! Today, we cover: #BTC Trading Volume (24hr): $60.3B / +40% #DigitalAssets: Argentina Seeks Insights from El Salvador's Bitcoin Success #TradFi: U.S. stock futures showed slight movement on Tuesday morning as investors await inflation data expected at the end of this shortened trading week for a clearer market outlook Every day, the SDM research team summarizes what is happening in crypto. Make sure to follow our page to get tomorrow's market breakdown! Institutional Insights: https://lnkd.in/enYmb8-4
The future of digital asset trading
sdm.co
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