#AltcoinMomentum It is high time for the rotation of capital from useless memes to the utility side of crypto. My picks are A.I and RWA narrative to have a go to 5x to 10x minimum. There are many micro cap projects that are really good builders and developers even in the harsh conditions of the market. Time to shine. 🚀🚀
$ETH looking strong on daily and weekly timeframes. It's just a matter of time before it will be full send. The one coin which still has to prove itself this bull run. High hopes.
The next bitcoin halving is expected to occur in April 2024, when the number of blocks hits 740,000. It will see the block reward fall from 6.25 to 3.125 $BTC.
The Hong Kong Securities and Futures Commission SFC has authorized the following assets allowed to be sold to Chinese nationals by only 2 Chinese exchanges :
EMA50 has been acting as a strong resistance for the past two weeks. If closing above EMA50, Bullish momentum can be attained but IMO it is just a Bull trap with very low volume and weekend move to the upside.
June 1: Debt ceiling deadline June 1: Hong Kong retail trading: $SAND, $AXS, $AVAX June 5: Apple WWDC 2023 event: $RNDR, June 13: CPI June 14: FOMC rate hike decision
The first half of July will showcase some heavy volatility. Be Ready ⚠️
For the short term, it looks like #BTC is going to test 23k to 24k. It is very important to see the support level of 25k to 26k to hold for some bullish momentum to generate. On the other side If we see HTF prce action #BTC is still in bullish territory. 1st week of June is highly Important.
Always take your profits and never fall for greed as it's really important to control your emotions during trading. Gratitude is something we all should work on to minimize the effects of greed as it is instil in human nature.