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🚨 BREAKING: Michael Saylor reveals he's been meeting with banks, sovereign wealth funds, and fund managers to discuss
Bitcoin
.
$BTC
BTCUSDT
Perp
90,184.3
-0.68%
$ETH
ETHUSDT
Perp
3,113.68
+0.46%
$XRP
XRPUSDT
Perp
2.0678
+0.25%
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📉LTC/USD 4D: The price is now entering a decisive phase. On the higher timeframe, price has been moving inside a large sideways consolidation, and this consolidation may be approaching its end as the market moves closer to the apex of what I interpret as an Elliott Wave triangle. Keep in mind that a triangle does not have to remain perfectly contained within the trend lines. In fact, the structure would look more harmonic if we saw a larger D-wave develop in line with the yellow scenario. The white scenario, which assumes a direct breakout to the upside, appears less realistic at this stage, although I still allow for the possibility of an upward breakout in both scenarios. In the yellow scenario, Litecoin may be preparing for another move higher within wave C of circle wave D. For the detailed internal structure, please check the micro timeframe on the chart. From a higher level, we are watching both the main trend line and the reaction when price approaches the November highs. That reaction will be important. Overall, there is a reasonable chance for an upward move as part of the yellow C-wave within circle wave D. The next key resistance zone sits between 170 USD and 318 USD.$BTC $ETH $LTC
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📉ZEC/USD H4: The price appears to be forming the (c) wave now. The $446 - $539 area is the next ideal target zone for wave (c).$ZEC $BTC $ETH
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📊🤔 Crypto activity just had its biggest cool off in months. Chain revenues fell to $200M in November, with BSC taking the heaviest hit after a surge in October. App revenues told the same story. PancakeSwap went from one of the top earners in the entire industry to a fraction of its October run rate. Such revenue troughs historically precede bull market recoveries, with similar 70%+ drops in 2021 leading to 2-3x price gains within six months across major chains like Ethereum and Solana.$BTC $ETH $SOL
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🧑💻 Top coins that are partially or fully associated with the Ethereum-based ecosystem, by development activity since last month.$LINK $ETH
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📊🤔 Milk Road: This chart shows the 'Realized Price' for different wallet sizes. The recent crash tapped the average cost basis for Whales (100k+ ETH holders) perfectly before ripping back up. While retail panic sells, smart money defends their entry price. This is what a floor looks like.$BTC $ETH $STABLE
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