Crypto Master® (Futures & FREE signals)

#BITCOIN WEEKLY TF UPDATE : #BITCOIN this week candle also going with the same move, price moved all the way lower and now recovered leaving a large wick down. Weekly candle now closing bullish and expecting a hit towards the $65,000 level. Price still inside these zone, and looking for a breakout either side.

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🟠The annual moving average supply of BTC in profit has reached the threshold of the bullish zone, amounting to 15.3M BTC. In previous cycles, it took 9 and 4 months respectively to reach the peak of the cycle from this point.

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The surge in prices has significantly impacted investors' unrealized profits. Presently, the unrealized profit within the coin supply is at its highest level ever recorded leading up to a Halving event, as indicated by the MVRV metric. Essentially, investors are currently holding the largest potential gains on paper compared to their initial investment cost at the time of a halving. With the MVRV Ratio at 2.26, this implies that, on average, each unit of BTC is carrying a paper gain of +126%.

#TOTAL MARKETCAP ANALYSIS : #TOTAL MARKETCAP bounced from the support and returned back tot zone as a retest, well we can clearly see that, MarketCap haven't umped that much with respect to #Bitcoin. Anticipating a reversal from here, and the broke of the resistance trendline would be bullish.

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Over the past 24 hours, bullish pressure has increased and the funding rate has turned positive. Currently, the market remains in strong bullish sentiment🐂

#BITCOIN DAILY TF UPDATE : #BITCOIN on Daily TF, did exactly what we predicted and dumped towards the $61,000 level and even surpasses below it. Price did gave a fakeout lower and trying to move up. Market structure is bearish at moment and by the next week we'll have the clear indication of that. Till that alts are rising, so play it accordingly and eyes on the market.

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🟠Bitcoin whales accumulated 47K $BTC in the past 24 hours. We're entering a new era.

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In the 2022 bear market, many believed prices wouldn't dip below the previous cycle's all-time high ($20k in 2017). However, this notion was disproven when prices plummeted over 25% below the 2017 high during the late 2022 deleveraging period. A similar narrative circulated of late that prices could not break to a new the ATH before the halving had occurred. Once again, this was invalided in March this year.

The Golden Rule 💎 There is a golden rule in cryptocurrency that must always be kept in mind: Never invest more than you can afford to lose. Crypto is mostly unpredictable, and it is easy to get influenced by volatility 😉