▪️About blockchain, cryptocurrency and crypto technologies. ▪️Actual entry and exit points in the cryptocurrency market 🔹Channel: @finsignal 🔹Buy ads: https://telega.io/c/finsignal
Meanwhile, #bitcoin is at 119k, and the altcoins are still there, but it's time to ... 📈📈📈
Читать полностью…💸CryptoQuant CEO Ki Young Ju believes that the previous strategy of following whales is no longer effective.
Instead of selling to retail, large players are transferring BTC to institutional investors. Institutional adoption has proven to be more powerful than expected, with holders dominating the market and the old cycle model losing its significance.
🇺🇸How many Bitcoins does the US have?
According to the Arkham analytics platform, 198,011 BTC (~$24 billion) is stored on all US government addresses.
💸 Other countries that also hold BTC:
▪️ The UK - 61,245 BTC.
▪️ Bhutan - 11,286 BTC.
▪️ El Salvador - 6,246 BTC.
US Bitcoins have not been moved from any address for 4 months. Let's keep it that way, otherwise we'll see more FUD that will put pressure on the market 😬
Opinion: BTC is undervalued by at least 10 times 💸
The capitalization of #gold is $22.8 trillion, the capitalization of #BTC is $2.3 trillion, which means that gold is almost 10 times more expensive. At the same time, the deficit of BTC is 2 times higher than that of gold.
This does not mean that BTC will soon reach 10x, but it has such a growth potential in the long term 😏
Bulgaria could have paid off its $25 billion public debt, but it sold 200,000 confiscated bitcoins in 2017 for $3.5 billion, according to World Economics.
Today, the same amount of bitcoins would be worth around $25.24 billion. This exceeds the country's public debt of $24 billion.
📉Bitcoin's dominance is bouncing off the upper boundary of the ascending channel and losing about 2.5%. However, we cannot yet talk about the start of the alt season, as a significant portion of this capital has transferred from #BTC to #ETH.
⚠The potential for a decline in dominance is around 61%, reaching the lower boundary of the channel. I still expect the alt season to begin only after the ascending channel breaks down and consolidates.
Open gaps👹👹👹
The nearest unclosed gaps on the CME
🔺 BTC: $113,800
🔻 ETH: $2,835
🔺 ETH: $3,285
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😉Binance is working closely with the #Trump family project.
ℹ️ ́ #Binance has developed a code for the USD 1 stablecoin, 90% of which is stored in the exchange's wallets and generates revenue. The company is actively promoting the token among its 275 million users, and USD 1 has attracted investments worth $2 billion. Additionally, the former CEO of Binance, CZ, has applied for a pardon that can only be granted by President Trump.
🔥🔥🔥 #Bitcoin has updated the all-time high at $117,500 and has generally implemented our plan. I was waiting for a sideways breakout downwards (albeit a little deeper) to collect liquidity and reverse.
Globally, this does not change the situation, as there is a powerful bearish divergence on the higher timeframes. It is not yet possible to break it - a sharp increase is needed. So far, the ATN update is taking very small steps. This is also a sign of the VTS's weakness, but I hope for the best. Fundamentally, there are many more opportunities for growth in the face of the looming global crisis.
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Bitcoin is stuck at the upper limit of the channel, and the longer it stays there, the more likely it is to fall to its lower limit of ~\$97,500.
Читать полностью…The eight richest people in the world have as much wealth as more than 4 billion people.
The wealth of the 1% richest people in the world has increased by $33.9 trillion since 2015. This is enough to end global poverty 22 times over. The wealth of the 3,000 billionaires has increased by $6.5 trillion since 2015, reaching 14.6% of global GDP.
A little bit of humor! 😁
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🤑 How much Bitcoin do you need to retire in 2035 in different countries around the world, given a 7% inflation rate and a continued increase in the price of #BTC?
With 0.01 BTC, you can expect to live comfortably in Burundi, Pakistan, Afghanistan, and Sudan.
If you want to grow old in the best casinos in Monaco, you will need between 5 and 7 BTC.
#Ethereum has officially taken the lead in global trading of perpetual bonds, reaching a volume of \$90.82 billion and surpassing #Bitcoin's \$82.93 billion.
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Altcoin Season Index 37. It's too early, we're waiting...
Читать полностью…🤠 Satoshi Nakamoto with his $114.31 billion would be 12th on the list of the richest people on Earth today
And when his tokens hit the market 👹👹👹
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📊 Global wealth distribution by asset groups
Note the small square in the top left corner 💸
🇧🇷 The largest theft in the country's history took place in Brazil, where hackers stole \$140,000,000 in just three hours by paying only \$2,700 for access to the Pix banking system.
A bribed IT employee provided the keys to the internal infrastructure, allowing the attackers to withdraw funds from the reserve accounts of six banks. Some of the stolen funds (\$40 million) were transferred through OTC platforms in BTC, ETH, and USDT.
😎 Over the course of a day, eight "sleeping" Bitcoin wallets were activated for the first time in 14 years, and they withdrew 80,009 BTC worth $8.69 billion. Initially, four addresses (each holding 10,000 BTC) were involved, followed by two additional addresses, and finally two more. All the coins were acquired in 2011 at exchange rates ranging from $0.78 to $3.37. Four additional similar wallets remain silent. This is the biggest awakening of old wallets in years, and the crypto community is wondering who is behind it. 🤔
Читать полностью…⚡⚡⚡ Is a new crisis brewing? Buffett's indicator has reached a record high of 205%.
This is the highest level in history and exceeds the levels recorded:
– at the height of the Dot-Com bubble in 2000;
– on the eve of the 2008 global financial crisis;
– during the post-COVID surge in 2021.
According to Buffett, values above 100% already indicate market overheating. A level of 205% is an alarming signal for the most cautious investors.
Will the alt season start in a week?
Twitter is once again discussing the grand alt season that will start in a few days, on July 1st!
Do you believe in such a fantasy?
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