thebull_crypto | Cryptocurrency

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NO BULL NO GAIN! Market analysis & recaps, scalping leverage calls, binance altcoin signals and real time news. Disclaimer: My channel is not financial advise, its my observation and opinion. Twitter: twitter.com/thebull_crypto

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The Bull

Using NUPL, we can identify the classic Euphoria phase of a bull market where unrealized profits surpass more than half the market capitalization size (NUPL > 0.5).

In the 2020-21 cycle, this phase was triggered 8.5 months after the Bitcoin halving, and saw sustained upside for almost 10.5 months afterwards.

However, in this cycle, NUPL breached 0.5 approximately 6.5 months before the halving. This distinct shift highlights the significance of US ETF in shaping and accelerating price action by introducing powerful demand into the market.

#glassnode

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The Bull

The most altcoins gonna act like this

Rule 1: Do not let yourself shaken out

https://www.tradingview.com/x/c9r1hPJT/

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The Bull

Grayscale (GBTC) Daily BTC Flows: +63.1m, first inflow since ETF conversion

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The Bull

The current BTC price is the average purchase price of the Spot Bitcoin ETF buyers, ~$57K to ~$58K

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The Bull

Friendly Advice To All My Brothers:

Do not let yourself get shaken out just before we run it back to ath's

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The Bull

Since Jan 2023, prices have increased hard every time Bitcoin has 22% correction done.

23% correction already at this point, so what's next?

Many believe we will get another one, but honestly I think that was it.

https://www.tradingview.com/x/C70LwXSK/

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The Bull

Do not hurry to take risk.

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The Bull

Crypto market is seen as boring during summer, but it’s my case for study, and learn.

🔹Here are the advises to be successful in this crypto bull market:

Stay updated on narratives/trends and try to participate them in early stage ➜ Prioritize solid tokens during the bull run ➜ Build long term bag

🔹The rules I follow:
— Avoid over-leveraged in any market conditions

— Do not catch knives in a market bound between support and resistance, displaying no discernible trend

— Remember to take profit along the way. A well-balanced take profit strategy is an integral component of a successful trading plan that focuses on sustainable gains


Earning money is good but preserve what's earned is more important!

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The Bull

Wait for alts to look better as volume is looking very weak I know is boring but that’s how the market is.

Stay tuned and ready for moves!

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The Bull

Study candlestick pattern during bored summer

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The Bull

#Bitcoin dominance testing support level.

Please be advised that it usually takes risk during bored market. De-risk is recommended at this point.

https://www.tradingview.com/x/LoRI7prV

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The Bull

Flows for Bitcoin ETFs on 4/22: inflows of +$62 million & 936 $BTC

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The Bull

This level

https://www.tradingview.com/x/oZuoY3cw/

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The Bull

#Bitcoin has completed its 4th halving.

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The Bull

~60k is critical support for #Bitcoin

https://www.tradingview.com/x/pWUyZDJp/

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The Bull

U.S. spot Bitcoin ETFs saw +$217.3m net inflows this Monday. Second consecutive inflow day for $GBTC.

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The Bull

We gotta love that move, btw there will be less setups until the ath breaks

https://www.tradingview.com/x/RBL4f6sb/

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The Bull

#Bitcoin classic deviation 👍

https://www.tradingview.com/x/TmtKqAsq/

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The Bull

Tether's latest attestation for Q1 2024 shows they hold $5.37 billion in #Bitcoin as reserves

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The Bull

🤔

https://x.com/thebull_crypto/status/1785945447917604883

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The Bull

#Bitcoin HTF

I'm Still Bullish, Unless...

https://www.tradingview.com/x/LNSjW3xh/

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The Bull

Bitcoin dominance bouncing from support. The reason behind alts bleeding.

https://www.tradingview.com/x/bJIeTVxF/

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The Bull

#Bitcoin Study Bullish Rectangle Pattern

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The Bull

While the U.S. consistently accounts for the lion’s share of stablecoin purchases, global demand is increasing, with a diverse representation of nations and regions contributing to over $40 billion in purchases in March 2024 alone.

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The Bull

$BNB 👀

https://www.tradingview.com/x/cy1j7o9J/

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The Bull

Among offshore markets Binance’s BTC market share currently stands at approximately 55%, down from over 80% a year ago.

Bybit saw the strongest increase in market share this year, growing from 2% to 9.3%. OKX’s market share also jumped to 7.3% from 3% a year ago.

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The Bull

$AEVO looking for a breakout here!

https://www.tradingview.com/x/g18jHbZn/

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The Bull

The supply of stablecoins rose more than 14% in the first quarter as market participants continued to increase their usage.

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The Bull

Sorry for the lack of updates, I was sick these past few days, took rest and didn't have time to look at charts properly.

Back to work soon!

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The Bull

Buying $PORTAL here!

https://www.tradingview.com/x/4yqP0NcK/

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