Universal Crypto Signals Pro

💎 #BTC/USDT ANALYSIS BTC is currently forming a descending triangle on the 4-hour timeframe and trading below the Ichimoku cloud. To confirm its next direction, we should wait for a decisive breakout above or breakdown below the triangle.

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ByBit USDT #SLERF/USDT Take-Profit target 2 ✅ Profit: 39.9642% 📈 Period: 6 Hours 12 Minutes ⏰

ByBit USDT, KuCoin Futures #SLERF/USDT Take-Profit target 1 ✅ Profit: 29.824% 📈 Period: 6 Hours 8 Minutes ⏰

OKX Futures #FOXY/USDT Take-Profit target 2 ✅ Profit: 29.8945% 📈 Period: 2 Hours 6 Minutes ⏰

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#Bitcoin liquidation heat map: Over the last day, we took out a bit of downside liquidity with a short-term pullback caused by recent news. However, suppose we zoom out to a slightly larger timeframe on the liquidation map. In that case, we can still see a lot of liquidity to the upside, mainly sitting at around $70.7K and going up towards approximately $71,000. Since the short-term pullback over the last day, many new short positions have opened up, with a liquidation price around $71,000. This means it is quite likely that the price could return to those levels sometime soon. Once the price eventually crosses above $71,000 again, it will liquidate hundreds of millions of dollars in short positions, potentially causing a short squeeze to the upside.

Mark Karpeles, the former CEO of Mt. Gox, stated that the trustee is moving bitcoins to a different wallet in preparation for distributions likely happening later this year. There is no imminent sale of bitcoins; this movement is just for preparation. The current repayment deadline is October, though it has been delayed multiple times before and could be delayed again. When the distributions occur, potentially around October, some bitcoins might be sold on the market. Recent bitcoin movements caused a brief price drop, but these are not distributions, just transfers.

Yesterday, billions of dollars worth of #Bitcoin moved from the Mt. Gox Bitcoin Trust wallet, causing a drop in Bitcoin's price. Mt. Gox, once the largest Bitcoin exchange, collapsed years ago, and creditors have been waiting to get their Bitcoin back. The Trust holds over 100,000 Bitcoins, which will be returned to creditors soon, potentially flooding the market. #Crypto

#Bitcoin is forming an expanding triangle. We need a breakout to go long! 🚀 The target of this pattern will be $130,000. Parience is the key

#BITCOIN    BREAKOUT IMMINENT!! 🔥

💎 #1000RATS/USDT: #Long ✅Entry zone: 0.1542 - 0.1480 ☑️ TARGETS: 0.1557 - 0.1574 - 0.1591 - 0.1668 - 0.1745 - 0.1841 🚫 StopLoss: 0.1396 ⚜️Leverage: 20x