Crypto Lessons

💰 #Bitcoin ETFs are growing. Gold ETFs are losing funds📉

🤓 FTX opened a website with claims for creditors, indicating asset prices significantly below the market Bankrupt FTX opened a site with claims for crypto assets, setting prices much lower than market prices. For example, Bitcoin is valued at $16,871, Ethereum at $1,258, Solana at $16, and BNB at $286. Applications must be submitted by May 15, 2024. Distribution is expected to begin in late 2024 or early 2025. All assets will be returned in dollars only.

⚡️ February 2024 notched the biggest monthly candle in #Bitcoin history in dollar value. 🥇 It has been 29 months since BTC posted a monthly candle of this size in October 2021, the month before it made the current all-time high around $69,000.

At the end of February, Bitcoin rose in price by 43.5%, Ethereum grew by 46.2% over the month. Happy first day of spring 🌱

🔵 Ethereum just hits $3500

🟢 Bitcoin Halving Expected Date: 14 April 2024 🚀

I am bullish on $MNT for long-term, as it's used for staking on ByBit launchpads which is 3rd ranked exchange. $BNB pumped from 10$ to 690$ $FTT pumped from 2$ to 86$ $MNT next big pump for bullrun 🔜

ALTS MARKET CAP ANALYSIS 📊The ALTS market cap has sustained its bullish momentum following the breakout from the ascending triangle pattern. Presently, it appears to be consolidating, gathering strength for a potential continuation of the uptrend. 📊In the event of a retracement, a plausible scenario involves a retest of the upper boundary of the ascending triangle pattern before potentially resuming its upward trajectory.

Here is a brief $CELO analysis for you ! 📊RSI: Currently around 63, indicating momentum but approaching overbought territory. 📊MACD: Bullish crossover recently occurred, suggesting continued upward momentum. 📊Moving Averages: Both the 50-day and 200-day MA are sloping upwards, indicating a bullish trend. All these factors are showing us that we $CELO is preparing for a big pump soon ! 🚀

Avalanche (native token 💲AVAX) is a level 1 blockchain, a decentralized platform for creating and launching dApps (decentralized applications). One of the important advantages is that the protocol burns all transaction fees, which makes AVAX a deflationary asset and will have a positive effect on its pricing in the future. 📊Technically, the price has been moving in a powerful upward trend for a month now, drawing beautiful figures on the chart and breaking through them in the right direction. Specifically, over the last 8 days of a significant correction, a Bullish Wedge has formed, which should work out along the upward trend🛫 Due to today's strait, the buyer's interest zone has also been pushed down, collecting liquidity💲below the level - the correction looks complete, growth can continue. 🔜 The local growth target is at $42-43.6. The weekend factor can play a positive role and push up the price. At the same time, be prepared for the Saturday night strait (big fish love such manipulations), after which we can see the full start of working out the formation. Have a wonderful weekend everyone!💙

Are we going to 400$ ? 💲 BNB 50-day MA (~$300), 200-day MA (~$250) are both sloping upwards, indicating a bullish trend. Indicators: 📊RSI: Currently around 65, indicating momentum but approaching overbought territory. 📊MACD: Bullish crossover recently occurred, suggesting continued upward momentum. 📊Stochastics: Currently neutral, offering potential for further movement in either direction. 💡Some analysts see a pennant pattern forming, which could lead to a breakout in either direction. ✅Bull Flag: Others identify a bull flag pattern, suggesting a potential upward breakout if confirmed. ✅Elliott Wave: We are in wave 4 of an Elliott Wave pattern, with wave 5 potentially reaching $400 or higher.

In the last 24 hours, many assets have been directly thrown from side to side (“Helicopters”🚁 by +-5%)... NO panic - everything is within the norm, the buyer has felt the support levels and is actively fighting for them. I see what is happening as a positive signal🟢 💲BTC is moving quite calmly. Considering that tomorrow is Friday, followed by the weekend, the flat in the indicated side range may well continue in the coming days, which will “untie the hands” of the alt market 🚀 (this would be an ideal scenario). I don’t like to make hasty conclusions, but my instinct tells me that everything will be fine (and as you know, it almost never lets me down), so I consider the work from the Longs to be relevant (with priority on a strong alto). 🔜 For me, the first signal to reconsider the situation will be a sharp fall in Bitcoin with a consolidation below $50,000, but for now I am leaning toward a positive outcome.

Solana Big review📈 Descending Channel: Solana is currently trading within a descending channel, indicating a downtrend since mid-January. Higher Lows: However, despite the channel, price action is forming higher lows, suggesting some buying pressure. Resistance: The upper trendline of the channel acts as resistance around $112. Support: The lower trendline acts as support around $96. Indicators: Moving Averages: The 50-day and 200-day moving averages are both sloping downwards, confirming the downtrend. Relative Strength Index (RSI): The RSI is currently around 47, indicating neither overbought nor oversold territory. Possible Scenarios 💡 📊Breakout: If price breaks above the at $112, it could indicate a trend reversal and potential move towards higher levels. 📊Breakdown: If price breaks below the support at $96, it could signal a continuation of the downtrend and further price decline. 📊Rangebound: Price could continue to trade within the descending channel, consolidating before a breakout or breakdown.

#XEC has broke and retested a descending channel pattern on the 3-day timeframe🧐 This could result in a massive bullish price wave🌊

🤓 FixedFloat allegedly hacked for $26.1 million Crypto exchange FixedFloat was allegedly hacked for $26.1 million in BTC and ETH. In particular, on-chain analysts noticed suspicious movements of 409 BTC and 1728 ETH. FixedFloat did not confirm the hack, but went into maintenance mode.

🚀 Robert Kiyosaki is confident that BTC will reach $100,000 by June 2024! 👉IntoTheBlock: Bitcoin will update its all-time high in the next 6 months with a probability of 85%. 👉Edward Snowden called Bitcoin “the most significant achievement” in the evolution of money!