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#Bitcoin Cycle Update via Glassnode Despite Bitcoinโs massive growth in market cap, its current bull cycle is mirroring previous cycles in strength and structure. Hereโs how the returns stack up: ๐ 2015โ2018: +1,076% ๐ 2018โ2022: +1,007% ๐ 2022โNow: +656% (and counting) BTC $BTC continues to defy gravity even with billions more in liquidity, the momentum stays strong.
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$Pepe Analysis ๐ Price Movement: The current price is 0.00001115 USDT, up 2.67% recently. However, the chart shows a general downward trend over the 4-hour period, with a recent slight recovery. Volume: Trading volume (24h Vol) is 12.97T PEPE and 143.83M USDT, indicating moderate activity. The Volume SMA shows spikes, suggesting periods of increased interest, but the overall trend aligns with the price decline. Trends: Over the past 7 days, the price is down 2.79%, and over 30 days, itโs down 15.9%. Longer-term (180 days), itโs down 54.12%, though it shows a 2.67% increase over the year. Support and Resistance: The recent low around 0.00001069 could act as short-term support, while the high of 0.00001133 might serve as resistance. Observation: The chart indicates volatility with a bearish bias in the short term, but the slight uptick and higher volume could suggest potential for a reversal if momentum builds. #Pepe
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Countdown to the Fed Decision: Just 4 Days Left All eyes are on the upcoming FOMC meeting, set to announce its interest rate decision this Thursday, June 19 at 2 AM Beijing time. ๐ According to CMEโs FedWatch Tool: The probability of a 25bps rate cut in June: 0.4% The probability of the Fed holding rates steady: 99.6% ๐ Markets are overwhelmingly pricing in a pause, with virtually no expectation of easing this month. The macro landscape remains tense
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$BTC #bitcoin Cycle Update via Glassnode Despite Bitcoinโs massive growth in market cap, its current bull cycle is mirroring previous cycles in strength and structure. Hereโs how the returns stack up: ๐ 2015โ2018: +1,076% ๐ 2018โ2022: +1,007% ๐ 2022โNow: +656% (and counting) BTC $BTC continues to defy gravity even with billions more in liquidity, the momentum stays strong. #TrumpBTCTreasury #SaylorBTCPurchase #MarketRebound
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Countdown to the Fed Decision: Just 4 Days Left All eyes are on the upcoming FOMC meeting, set to announce its interest rate decision this Thursday, June 19 at 2 AM Beijing time. ๐ According to CMEโs FedWatch Tool: The probability of a 25bps rate cut in June: 0.4% The probability of the Fed holding rates steady: 99.6% ๐ Markets are overwhelmingly pricing in a pause, with virtually no expectation of easing this month. The macro landscape remains tense #SaylorBTCPurchase #TrumpBTCTreasury #MarketRebound
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