Most likely a lot of people will be left behind waiting for $60K to happen again.
If this sweeps $75.5K and hits $74K, it will probably be bought up rather quickly for #Bitcoin.
Bull markets don't give deep retraces.
If this consolidates here and grinds back up, we'll see $90
All liquidity taken on the downside, and we should be good for now.
I'm looking at #Altcoins from this point on, as I don't think we'll continue to fall with Bitcoin on a heavily note.
Liquidations have taken place, all lows have been taken out, and probably we'll go sideways
It's uncommon to see positive price action in a bear market.
However, $ACU is one of those assets that has been doing incredible.
It's also one of @MNCapital_vc its investments.
Now available at OKX in the perps!
Keep it coming, @Acurast.
Over the past 14 months, our primary goal was to avoid excessive losses in the fund.
Why?
The markets have been an absolute terrible state. #Bitcoin dropped by 50% since our launch.
Ethereum has corrected more, not to speak of #Altcoins.
Our current state is that we've
Digital assets just posted one of their sharpest reversals in years.
Bitcoin's August rally broke a historically weak seasonal pattern, and the reasons behind it say more about market structure than about any single asset.
In our latest post, we break down what actually drove
It's going to be great to see a leverage liquidity crash to happen on #Bitcoin p(of 2-5%) and PC💔💔💔🙏🙏🙏🙏🙏🖕🙏hhj
Hhhh
.
.
.Otl everyone screaming for the bear market again, while it's just going to stagnate.
Fun times.
It's going to be great to see a leverage liquidity crash to happen on #Bitcoin (of 2-5%) and everyone screaming for the bear market again, while it's just going to stagnate.
Fun times.
Nice sweep of the highs of #Bitcoin yesterday, after holding above $79,000.
It's not favouring a lot more upside from here, yet.
Much rather, I'm eyeing $79,300 as a potential support level and likely $77,900 and/or $76,900 for a quick test.
We'll need to be getting used to
Big today, as it's Kevin Warsh his first speech at Jackson Hole.
Markets are giving it a lot of value, but probably the reason for the sloppy market this week was due to this event.
A dovish Warsh would be absolutely amazing.
I'm seeing a lot of people assuming that #Bitcoin must go down to $63K.
It doesn't have to.
The longer it stalls here, the higher the chances that the markets aren't going to go that much down.
There are a lot of people sidelined and eager to be buying back in.
Fairly nice consolidation range is being established on #Bitcoin.
Sure, things can change quickly, but with the current build-up, a test at those highs seem inevitable.
Anything <$74,000 is a phenomenal opportunity to go for.
A lot of people are dunking on @benjamincowen, which makes no sense.
The man has been calling every move of the bear market completely right for the past two years (and previous cycle too).
People will be wrong, people will be right, but dunking so hard on this man doesn't ma
Another feature of the bear market is the fact that nobody expects to see any momentum in #Altcoins at all.
That's why you can expect to see a significantly stronger bull market than most anticipate at this point.
Raise your targets.
Upwards trends can last longer than you expect, which means that we're looking for another push on the #Altcoin markets.
I think that we'll also see a push of #Bitcoin to atleast $82,700, perhaps even $90,000.
This is going to be a lot of fun in the bull market where you could easily follow your favorite trader and immediately hit the buttons of buying/selling assets like #Bitcoin.
It will only attract more people into X.
NEW: Crypto trade buttons on X are "coming soon," according to former X product head Nikita Bier, as the platform expands deeper into trading and financial services.
Indecisive chop to me on $BTC.
However;
- #Altcoins do have suffer a correction when Bitcoin corrects slightly.
- BTC isn't ready with this upwards run.
If it breaks through $79,500, I won't be surprised we'll be seeing $82,700 being taken out.
We can even think of seeing
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