Secret Insiders

Bitcoin’s strength specifically within the crypto sphere is underlined by the Bitcoin dominance figure, which now sits at 51.5%. Basically, right now, it’s all eyes on orange coin, and with Bitcoin ETF applications one apparent trigger for current bullishness, it might stay that way for some time to come (although that said, it arguably wouldn’t take much to set off an altcoin season). Dr.K @secret_insiders

Bitcoin dominance is now breaking above 50%, and is at its highest point within the last two years. The total crypto market cap is currently $1.14 trillion. So given bitcoin’s dominance is 50%, that means half of that $1.14T is held in bitcoin. Generally, bitcoin dominance increases during bear markets (investors liquidate their risk-on altcoins and move into bitcoin) and decreases during bull markets (investors go risk-on and speculate on altcoins). This same pattern played out during the 2018 – 2019 bear market. As bitcoin’s price fell from $19K to $3K from January 2018 to January 2019, its dominance rose from 30% to 50%. Then from January 2019 to September 2019, bitcoin dominance went from 50% to just over 70% as price approximately tripled from $3K to $10K. Here’s the take-away. If history rhymes again, then bitcoin’s price should range sideways and grind upwards, with dominance continuing to rise, into the 2024 halving event. Dr.K @secret_insiders

HODL with everything you’ve got. Wall Street is coming for your bitcoin, and they like their sats cheap. In less than a week after BlackRock, the world’s largest asset manager, filed a spot bitcoin ETF, several other news developments have hit the wire confirming that Wall Street is coming in hard. First, Crypto Twitter is buzzing with rumors that Fidelity Investments is about to file their own spot bitcoin ETF. Second, and this is confirmed, a new US based cryptocurrency exchange – EDX Markets – launched on the 20th. And would you guess who’s backing it: Citadel, Fidelity Investments, and Charles Schwab. All Wall Street big boys. Dr.K @secret_insiders

HODL with everything you’ve got. Wall Street is coming for your bitcoin, and they like their sats cheap. In less than a week after BlackRock, the world’s largest asset manager, filed a spot bitcoin ETF, several other news developments have hit the wire confirming that Wall Street is coming in hard. First, Crypto Twitter is buzzing with rumors that Fidelity Investments is about to file their own spot bitcoin ETF.

We bought SOL below $20, the "Ethereum killer project," and the price rallied to 260$ in less than six months. But while the price was booming, there were some defects in the project; still, everybody was calling it by the same name. We could have fallen for that, but we had Zeus among us. Long story short, we sold SOL at $226. The green dots are the buy zone, and the red dot is our sell zone for one of our small accounts under our management. Contact us if you want to do the same. Admin: @Channelss_admin @secret_insiders

This week, we witnessed the ninth consecutive organizational exit, but the notable point was the significantly lower volume compared to previous weeks, especially last week when we had the highest volume of $88 million in exits. In fact, this week, only $5.1 million in exits were recorded, which may be attributed to optimism surrounding the news of BlackRock's request for a Bitcoin ETF. Don.C @secret_insiders

Is the launch of an ETF before the 2008 recession repeating? The above chart illustrates the launch of GLD, a gold investment fund that provided easy access to gold for investors before the 2008 recession. Considering the macroeconomic conditions predicting a recession, BlackRock is planning to launch a Bitcoin ETF next year. Now, based on the history, we need to see whether a Bitcoin ETF can create a similar foundation for price growth as GLD did or not?! Don.C @secret_insiders

These weekly reports can guide you like a map to find your way in the market. Share it with your friends and help them to find their way. Hope you enjoy it. @secret_insiders

The current percentage of long-term holder BTC supply being sent to exchanges is being put at just 0.004%, or in other words, BTC HODLers don’t care about the SEC, altcoin drama or centralized exchanges, as you might expect. Dr.K @secret_insiders

over the past full year (June 22 to June 23), crypto is down 12%, while the indexes are up 20% and 7%. Crypto follows its own market cycle, based on the bitcoin halving. When we REALLY zoom out, and look at bitcoin’s price in the broader halving cycle, and compare now to the same periods before the 2020 and 2016 halvings, we’re right where we should be. Currently, we’re a year out from the next halving. We are ranging sideways, in what appears to be the “depression” or “disbelief” market psychology stages, and BTC’s price is comfortably above the post-2016 halving ATH. Compare all this to the year before the 2020 and 2016 halvings. It’s the same exact story both times. Don.C @secret_insiders

Bitcoin, and Ethereum (both outside the SEC’s sights), as compared to the rest of crypto, there’s a big divergence opening up. Data tracking the market cap of the coins labeled securities by the SEC (grouped as Crypto_SECurities_Index), compared to the market cap of BTC with ETH (labeled as Commodities_Index) looks unambiguous when visualized, while Bitcoin dominance has risen to, right now, 49.14%. By the way, noting this difference isn’t implying that alts are all doomed while Bitcoin and Ethereum take over the world, all thanks to the SEC. Arguably, this is a time for everyone to zoom out to the bigger picture and get behind crypto as a whole, whatever their own personal blockchain preferences. Don.C @secret_insiders

Who sold BTC at $65000? We did. Why? Because Zeus told us How? We confidently pushed the sell button 😉 when everyone congratulated the new higher high. The green dots are the buy zone, and the red dot is our sell zone for one of our small accounts under our management. Contact us if you want to do the same. Admin: @Channelss_admin @secret_insiders

Since the beginning of the year, short-term Bitcoin holders have experienced a significant profit-oriented trend. However, with the downward price trend, the real profit/loss ratio of short-term holdings is approaching the decision point. Dr.K @secret_insiders

Are you lost in the market? With our weekly reports, you can find your way to success. Share it with your friends and help them to find their way. Hope you enjoy it.

Almost $100M in Bitcoin was withdrawn in one day alone this week. That equated to 94,466 unique Bitcoin addresses—an all-time high. guys, If you haven’t already, do this one thing now: move your coins off the exchange and into a hardware wallet. Just in case. If these regulatory woes continue, be prepared to go shopping in a sat-stacking race before the halving. Dr.K @secret_insiders

The latest quarterly report from the Federal Deposit Insurance Commission (FDIC) has revealed that at the start of 2023, US bank deposits dropped by amounts not seen since the FDIC started reporting quarterly data in 1984, registering a decline of 2.5%. Overall, outflows like this suggest dysfunction within a stressed banking system. In fact, these kinds of scenarios, when you can’t trust the banks for banking, are exactly what Bitcoin was made for. Don.C @secret_insiders

OMG Zeus, you told your team to sell the BAT/USDT at $1.62 while the ATH is at $1.92? 😳 And your buy prices are at the bottom of each retracement? 😳 Come oooooon!!!! It's not fair to the others struggling to take 1%-2% profit from the market. The green dots are the buy zone, and the red dot is our sell zone for one of our small accounts under our management. Contact us if you want to do the same. Admin: @Channelss_admin @secret_insiders

Arbitrum as the Ethereum Layer 2 solution powers ahead to grab an outsized slice of the market, while it was recently announced that Circle would be launching the USDC stablecoin natively on Arbitrum. A direct comparison between Arbitrum and Ethereum shows the Layer 2 currently handling about double the number of transactions as the base chain. Dr.K @secret_insiders

In the below chart from Global Macro Investor we see the global money supply (M2) change compared to the change in the BTC price. There is for sure a correlation here. As you can see, M2 has broken above the 0% year-on-year change, even though liquidity in the US has been rather flat. That’s largely because of China, which has pumped money in their economy. Don.C @secret_insiders

Adjusted Realized Price, a rough definition of the realized price is the dollar value that Bitcoin holders on average paid for their coins. Comparing this price to the current Bitcoin price tells us if the market as a whole is in profit or loss. All this to say that the level around $25,200 is an interesting one to watch. Long-term hodlers keep hodling at current prices. And current short-term holders – often identified with the weak hands – are the ones who bought since the January lows. It’s hard to imagine these believers panic selling when price drops a bit. Dr.K @secret_insiders

Our weekly reports offer invaluable insights and analysis to help you towards success. Share these reports with others who may benefit from them. @secret_insiders

The amount of ETH being kept in exchanges falling to a 5-year low, while value in the ETH 2.0 Deposit Contract is, by contrast, at an all-time high, all of which, taken together, paints a clear picture of ETH being put to work staking. Dr.K @secret_insiders

You are watching a master at work. 😉 Another excellent investment instruction from Zeus. Look at the buy and sell points; it's not something you achieve from technical analysis or any other chart information. You need something special, which is insider information. ☺️ The green dots are the buy zone, and the red dots are our sell zone for one of our small accounts under our management. Contact us if you want to do the same. Admin: @Channelss_admin @secret_insiders

An area of crypto that has seen tremendous growth this year, relative to where it was a few months ago, is tokenized securities. This refers to real-world assets, such as Treasury Bills, ETFs and stocks, which are then represented as crypto tokens that can be traded on-chain. Dr.K @secret_insiders

Macro Outlook: It’s a Hot Mess April core PCE inflation in the US is reported at 4.7% year-on-year, rather than at the market expectation of 4.6%. Core PCE refers to personal consumer expenditure, and measures prices on goods and services excluding food and energy. This is considered better at identifying underlying inflation, since food and energy tend to be more prone to fluctuation. These most recent figures are far higher than the Fed’s target level of 2% for core PCE, and the probability of a further 25 basis point rate hike in June is now being put at 65%. It’s worth noting also though, that CPE inflation news had a negligible effect on the BTC price. Don.C @secret_insiders

We excel in buying the bottom and selling the top, thanks to Zeus, who gives us access to unique insights beyond technical and fundamental analysis. The green dots are the buy zone, and the red dots are our sell zone for one of our small accounts under our management. Contact us if you want to do the same. #XRP Admin: @Channelss_admin @secret_insiders

After price fluctuations within the $27,700 range, a distribution occurred in the network among holders in profit. Looking at the CDD and its recent growth, we observe selling pressure from medium-term holders and some long-term holders. The largest distribution from long-term holders was in the 5-7 year age band, with 1,870 bitcoins in total. The 6-12 month age band also achieved the highest selling rank among medium-term holders, with an outflow of 4,100 bitcoins. Dr.K @secret_insiders

Social media is filled daily with doom and gloom. And markets do hate uncertainty, which is what we have now. But, while we could be in for all manner of short-term turmoil I remain steadfast in my long-term approach to this market. The tech being developed is a revolutionary layer of the internet. Adoption is increasing. I mean, heck, every US presidential candidate now has to have an opinion on Bitcoin. We have come far. No matter what happens, in the long run, crypto wins. Don.C @secret_insiders

Are you lost in the market? With our weekly reports, you can find your way to success. Share it with your friends and help them to find their way. Hope you enjoy it. @secret_insiders

Bitcoin has seen big increases in network activity and by mid-May, BRC-20 tokens accounted for 47% of that activity–a huge share that seems like it’s come out of nowhere. BRC-20s are fungible assets created on the Bitcoin network via the Ordinals protocol, and have been generating an increasing amount of hype. Looking more closely though, we find some curious details. Transactions may be at an all-time high thanks to recent Ordinals activity, but by contrast, overall volume remains subdued, and hasn’t increased in line with the growth in transactions. This indicates large numbers of small Ordinals transactions that don’t actually move much BTC around, which fits with the current view of the Ordinals space: early-moving developers and niche enthusiasts experimenting with the tech, rather than mainstream interest. It certainly isn’t typical bull market activity, when we’d see new people coming in, lots of trades taking place, and bitcoin moving around in high volumes. Don.C @secret_insiders

Bitcoin and Ether are moving in relation to one another, we can see the correlation getting lower, having dropped from 96% to 77% since mid-March, and sitting now at its lowest point since November 2021. This is happening post-Shappella upgrade and with Ethereum firmly set up in its proof-of-stake era, and could plausibly indicate diverging uses and narratives between the two leading blockchains. In that case this trend should continue but, on the other hand, we can’t know the reasons for sure, and there is a definite possibility that what we’re seeing is just a temporary decoupling. Don.C @secret_insiders

there’s not a lot of new buyers, but neither are there many sellers willing to unload at these prices. The tourists are long gone, as new data from Glassnode shows that BTC HODLed for a year or longer just hit new ATHs at 68%. I think this all points to an established price floor before the 2024 bullrun. A Widening Divergence in Volume and Price. We’ve had many periods of thin trading volume in the past, but I’ve never seen such thin volume while the prices are ranging sideways at such high levels. BTC ranging at $30K on volumes not seen since the 2019 bear market is just a further indicator that the bottom is in. Price is About to Move. Historically, low crypto volume almost always precedes some serious price volatility. So buckle up. Dr.K @secret_insiders

- Catching the top twice !!! - Who can do that? - no one but Zeus. Even a professional trader is afraid to do so, missing some previous trade profit. The green dots are the buy zone, and the red dots are our sell zone for one of our small accounts under our management. Contact us if you want to do the same. Admin: @Channelss_admin @secret_insiders

There has been significant attention towards CRV, as investors are seeking news regarding the purchase of two of its main whales. On May 22, the social interaction index of this cryptocurrency increased, reaching its historical peak. Furthermore, the Total Value Locked (TVL) of this cryptocurrency has experienced a growth of 159% over the past two days. Don.C @secret_insiders

Despite price fluctuations within the range of $26,800 during the past day, there has been an increase in selling pressure, resulting in a significant distribution of coins in profits. Additionally, the CDD index (the number of coins * the holding period) has experienced a notable surge, further confirming the prevailing selling pressure in the network. Dr.K @secret_insiders

Bitcoin addresses holding 1 BTC or more have crossed over 1 million (this chart shows price data a few days behind, but we did just cross the threshold). This is an incredible metric to reach considering the current market conditions and fear. Since late August last year the total number of holders has gone from 900,000 to 1 million. This is good for distribution of Bitcoin, and shows the strength of demand for the asset. Dr.K @secret_insiders

Our weekly reports offer invaluable insights and analysis to help you towards success. Share these reports with others who may benefit from them. @secret_insiders

Ethereum burns have accelerated dramatically during meme coin season. With a steady burn rate reducing the supply by 1.5% annually when the last 30 days are accounted for. What is even crazier is that since The Merge to proof of stake happened that Ethereum has burnt 229,000 ETH coins! 142,000 of those have been burnt in the last 30 days thanks to meme coin insanity. That is happening in the current bearish market conditions. What happens when bull run mania comes back? Don.C @secret_insiders

We've shared so many coins that we sold at the top. Check this out, We bought Algo for under $0.7 and sold at $2.15 while everybody waited for $15 and more. But Algo hit barely $3 with a long shadow. It's a good project, but that was it for Algo back then. The green dots are the buy zone, and the red dot is our sell zone for one of our small accounts under our management. Contact us if you want to do the same. Admin: @Channelss_admin @secret_insiders

right now there is an insane multi week wait to be able to stake Ethereum. What is also shocking is that almost no one is trying to exit. Right now 48,887 validators (32 ETH each) representing 7.79% of all the staked ETH are in the queue to get into staking. Only 1,136 validators out of a total of 623,434 are waiting to exit. These numbers are astonishing. The level of bullishness investors are showing towards Ethereum is insane. Don.C @secret_insiders