The $BTC shakeout from yesterday echoes the one preceding t | TradeSavvy on Binance Square

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The $BTC  shakeout from yesterday echoes the one preceding the bull run in September 2020.#BullRunAhead #btc #All_Time_High 

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🚨🚨WHALE ALERT🚨🚨 11,358 Bitcoin (BTC) Moved in One Hour - What's Behind This? Whale Alert, a prominent tracker of blockchain activity, observed several consecutive large Bitcoin transactions earlier today, collectively moving nearly a billion U.S. dollars within just sixty minutes. This activity coincided with Bitcoin's recovery following a 4% decline on Tuesday. 11,358 Bitcoin on the move. The tracker detected three consecutive transactions transferring a total of 11,358 BTC, equivalent to more than $743 million. These transactions involved 6,499; 2,359; and 2,500 Bitcoins, with the first transfer alone valued at almost half a billion U.S. dollars. These significant transfers occurred between undisclosed blockchain addresses, including 6,499 BTC and 2,359 BTC originating from the same wallet, vtv93w. Bitcoin Recovers After Recent Decline Amid Fourth Day of Bitcoin ETF Outflows. On Tuesday, Bitcoin, the leading cryptocurrency, made waves by falling 4.05%, dropping to the $64,360 range. Since then, in the past 24 hours, BTC has rebounded, attempting to break above $65,590. However, it encountered resistance and is currently trading at $65,148. Among the factors contributing to Bitcoin's recent decline was the absence of inflows into spot Bitcoin ETFs on June 18. The Grayscale Bitcoin Trust experienced a significant outflow of $62.3 million, second only to Fidelity's ETF, which saw $83 million in Bitcoin withdrawals. #bitcoin #whalealert #btc $BTC $ETH $SOL

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As stocks climb, Bitcoin faces a downturn. The last instance of such divergence saw Bitcoin take 15 days to reverse course, ultimately surging by 80%. Could we see a repeat of history? $BTC #Binance #CryptoTrading #Bitcoin #Cryptocurrency #BTC

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$BNB experienced a drop below the immediate support level of $590 on June 18, though it held above the critical support at $560, indicating limited selling pressure at lower levels. Currently, bulls are aiming to initiate a recovery and breach the moving averages. Successfully surpassing this hurdle could propel the BNB/USDT pair towards $617. This level holds significance, as a breakout above it would signal the end of the corrective phase, potentially paving the way for a push towards $722. Conversely, a retreat from the overhead resistance might prompt bears to attempt pushing the pair below $560. Should they succeed, the next support levels to watch are around $536. #BNBHODLer #BNB #BnbAth #BNBToken $BTC $ETH

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$SOL experienced a drop below its descending channel pattern on June 18, but the dip was quickly bought up by bulls, evident from the long tail on the candlestick of that day. With the 20-day EMA trending downwards at $152 and the RSI in negative territory, bears currently hold sway. A reversal from the current level or the 20-day EMA could prompt bears to target the critical support at $116 for the SOL/USDT pair, likely attracting strong buying interest from bulls. This bearish scenario could shift if the price reverses course and breaks above the resistance line in the near term. Such a move could potentially propel the pair towards $176. #sol #Solana_Blockchain #altsesaon #btc $BTC $ETH

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The bears managed to push #Dogecoin below the significant support level at $0.12, but their inability to sustain lower prices indicates strong defense from the bulls at this level. Buyers are expected to initiate a recovery attempt, although they will likely encounter strong resistance near the 20-day EMA, currently at $0.14. A rejection from the 20-day EMA could prompt bears to attempt another push below $0.12. A successful break below $0.12 could potentially lead the DOGE/USDT pair towards $0.08, marking a continuation of the downtrend. Conversely, a rally above the 20-day EMA would indicate potential for the pair to consolidate within the $0.12 to $0.18 range for a longer period. $DOGE $SHIB $BTC #altcoins #memecoins #bearish #bullish

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