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Galaxy has finalised the sale of over 80,000 BTC – valued at more than $9 billion at today's prices, on behalf of an investor who originally acquired the coins during the Satoshi era.
Despite this massive sale, Bitcoin is still trading at $117,000. This is so bullish!
BTC-0.32%
MORE-17.97%
ERA-14.45%
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Ethereum's Cheatsheet: $BTC 2020
Remember, in trading, there's nothing new under the sun. What has happened before, can and will happen again.
This $BTC chart against $ETH pretty much confirms that theory.
Ethereum has been moving almost identically with Bitcoin back in 2020. The only thing different is that there is no black swan event like the Covid.
As ETH is approaching its resistance level, its having a struggle to breakout, so we might see a small consolidation, just like Bitcoin did.
But, look bigger, look at what comes after. Be patient, $3,700 is nothing for what's to come.
ETH1.2%
BTC-0.32%
VOID-3.44%
SUN3.25%
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With $BNB hitting a new ATH, it might be time to look deeper into its ecosystem.
$FLOKI, the OG BNB meme coin, looks solid. It has been rallying strong since early July, so any dip here should get absorbed fast.
That blue support line looks like a clean entry zone.
BNB1.87%
FLOKI6.03%
OG7.52%
MEME5.81%
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Ethereum is holding up well in this Bitcoin dip. Good sign.
ETH1.2%
BTC-0.32%
SIGN-6%
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Zooming out truly gives us a better perspective on where things are.
Just like this $BTC bullish pennant pattern, looks clean.
It acts as a "Base" from the rally-base-rally, disguised in a bullish continuation pattern.
The future looks obvious to me.
BTC-0.32%
LOOKS2.41%
RLY-3.99%
ME2.69%
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$ENERGY looks good here. Adding a little bit to my bag. Let's go!
LOOKS2.41%
BAG-6.23%
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$SOL looks solid here.
Solana is getting ready for another leg. We have strong resistance at $260, but if that breaks, it's all set for higher highs.
Right now, it's attempting to push through the $190 resistance.
It's going to fly soon! A big move is imminent!
SOL2.49%
LOOKS2.41%
READY4.28%
SOON3.81%
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Hate to say it, but we might get a short-term retest from $BTC
$USDT.D is showing a bullish divergence, and since it moves inversely to Bitcoin, a move up could mean a dip in BTC.
No worries though, a pullback is healthy. It's just 4H. We're still trending higher.
SAY-1.47%
GET16.34%
BTC-0.32%
MOVE2.64%
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$TAO, the AI pioneer, has been on a wild run since its last low. Let's see if we can get a good entry area for the next rally.
That blue support looks like a solid area, it lines up with the bullish trendline that's held strong for the past 6 months.
Hope we get the dip.
TAO1.78%
WILD19.54%
GET16.34%
RLY-3.99%
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Sfmovip:
Ape In 🚀
Big moment for $WIF
It's now in the process of flipping its strongest resistance into support.
And with a clean bullish cup and handle forming, I've got a good feeling this level won't hold it back for long.
Let's go, WIF!
WIF4.11%
HOLD-11.65%
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Marathon Digital is about to spend $850 million to buy more Bitcoin.
One of the biggest BTC miners in the US is going all in at these prices.
Meanwhile panic sellers still think the bull run is over.
MORE-17.97%
BTC-0.32%
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$BNB reached a new ATH of $804 USD this morning!
$1,000 is coming sooner than you think!
BNB1.87%
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It's retesting both its previous resistance and its strong bullish trendline.
That double confluence makes this a high-probability support zone. Let's see where it takes us.
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$LINK has a strong track record of respecting its monthly bullish FVG. That's a sign that the trend is strong.
Right now, it's sitting inside another massive FVG. Based on how it has reacted before, I'm confident this holds, and Chainlink pushes higher from here.
SIGN-6%
LINK2.95%
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Once done, we're ready for so much higher. We have barely started.
READY4.28%
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$BTC is forming a clean bullish pennant.
If we get the breakout from here, perfect. If not, a retest into the bullish FVG below would still be a solid setup.
BTC-0.32%
GET16.34%
NOT5.19%
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After that, it's time to hunt down the ATH at $4,900. The hype is growing rapidly.
Everything is lining up. Now it's just up to the market to do its thing.
Ethereum is about to pump hard!
HYPE4.95%
ETH1.2%
PUMP4.98%
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