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Richard Teng
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Happy Lunar New Year 🧧
From all of us at #Binance, we wish you a prosperous and joyful Year of the Snake.
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Unravelling Solana's Price Dynamics: A Technical Analysis and Growth Solana price went clearly according to our May forecast for it. The growth at the peak amounted to +4.98%. But the main thing is that the direction of movement was predicted by us. The bearish variant of the "squeeze" pattern in the form of the "head and shoulders" formation turned out to be a fake ☄️, as we said. Similar to the situation on Bitcoin, the price terminated sideways. The bears failed to break the support zone around ~$163 and ~$166 🕯levels. The price went up, reached the upper boundary of the sidewall at ~$175. The next step for Solana is the beginning of growth at the breakdown of resistance ~$175 🔼 $SOL #solonapumping #sideway #Analsis
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Institutional Giants BlackRock and Fidelity Boost Bitcoin with Major Purchases As BTC surged above $71k, net inflows into spot Bitcoin ETFs totalled $887 million - the second-largest one-day inflow in BTC ETF history. BlackRock bought 3,900 BTC yesterday, while Fidelity bought around 5,400 BTC. $BTC #BTC #bitcoinnewsupdate #ETH🔥🔥🔥🔥 #InstitutionalCapital
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📈BTC could update ATH as early as next week, according to analysts at 10x Research. The forecast is based on the macroeconomic situation - “inflation is the main driver for bitcoin”. On June 12, the U.S. will release an inflation report. $BTC #ATH #ETF #ETHETFsApproved #BTC
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Selon les prévisions de Galaxy Digital, une société d'investissement orypto, le Bitcoin $BTC connaitra une hausse de plus de 74% au cours de sa première année d'introduction des ETF. #BTC #etf #BinanceSquare
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The $BTC price goes above $30000 and Morgan Stanley analysts say that the end of the crypto winter is imminent. Great news: Analysts at investment bank Morgan Stanley believe that the bearish trend in the cryptocurrency market may be coming to an end. “Based on current data, signs indicate that crypto winter may be in the past and that crypto spring is likely on the horizon,” the company’s analysts pointed out. And the main growth of the cryptocurrency market can be expected after the halving in April 2024. We’re waiting impatiently 💪 And don’t forget to pump up your crypto skills—you’ll need to level up before the next bullrun 🚀 #BTC #bullrun #BinanceSquare #Binance
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