The geopolitical situation is very tense, the US elections are at stake, there is always uncertainty before them and investors are turning to money to wait out the moment. The conflict between Israel and Iran is heating up even more According to the Biklin, we pushed off from the upper border, now the targets for the main cryptocurrency are 58K, which I believe will be reached this week, and then 54K.
In the last cycle, the double top was at the level of 64000-69000. That is, the first top was set at 64000, then after correcting the entire uptrend of 4000-64000 to 30000, the ATN was again set at 69000
Therefore, in fact, we consider the block 64000-69000 to be the block of the previous high
And now, as we see, we have been dancing around it for a week now, now going above it for a short time, then going lower into accumulation before another breakthrough
I see your reactions - let’s start with an interesting graph that clearly demonstrates the uptrend after each US presidential election.
👉🏽 WHY DOES THIS HAPPEN?
• Uncertainty Elections as a rule lead to uncertainty in economic policy. In this regard, investors, including institutional ones, may be looking for alternative assets to protect their funds.
Bitcoin, as a decentralized asset, is becoming an almost ideal option 💼
• Fiscal Policy: The new administration often introduces stimulus and increases government spending, which most often leads to inflationary expectations. The cue ball is considered to be a means of protecting against inflation, which stimulates demand for it.
Well, in general, it seems quite obvious that at least the first year after the elections should consolidate some psychological positivity in the eyes of voters 👇🏽
Under the same Trump, the Fed continued its policy low interest rates.
This is when they began to stimulate the economy during the pandemic by reducing rates to zero and printing $10 trillion.
Guess where all this money went? That's right, to the market.
What do you think will happen this time? Who will win the elections? Will the market grow?
1h TF. The instrument has been in sideways movement for a long period of time, last night we saw a strong impulse movement into shorts, as a result of which all the immediate liquidity left earlier during the formation of the sideways movement was removed, after which activity from the buyer increased, followed by an excellent payback to the marked cascade, trading volumes increased locally, the price is perfectly held under resistance, I expect to see continuation of longs in the breakdown of the cascade with the potential for movement to the level of $0.24500
SHORT#JASMYUSDTfrom $0.037738 stop loss $0.037922 $JASMY 30m TF. The instrument continues to decline after a general impulse spill, which indicates the strength of sellers willing to update lows. Also, price highs are pushed towards support levels, behind which participants’ stops have accumulated. I will consider consolidation, activity in the order book and, with the help of a limit seller, impulse movement.
LONG#IOTAUSDTfrom $0.234 stop loss $0.223 $IOTA 1h TF. Globally, the instrument is in a sideways movement, at the current moment we are seeing an impulse increase in buyer activity, the price has been pushed under the previously formed cascade of highs on older TFs, behind which unrealized liquidity continues to remain, the withdrawal of which I will consider, trading volumes have also increased, I expect to see local trading and price acceleration in breakdown of the cascade with further growth potential to $0.2450
LONG#ARfrom $44.846 stop loss $44.614 $AR 5m TF. The instrument is actively being pushed in a local upward trend to a clear resistance level, beyond which unrealized liquidity has accumulated after many touches. Spike prices also confirm the presence of buyers. I am considering the traded movement along the level and activity in the order book before the continuation of the upward trend with a breakdown of the level. |#LevelBreakdown
1h TF. The asset is moving in an uptrend after a correction. There are horizontal resistance levels. Now we are at the incline. We are waiting for a rebound from the inclined and upward movement. The first goal is $175. Opening a long #sol
💬 Former US President Donald Trump expressed support for the crypto industry and promised to release Ross Ulbricht if re-elected in the upcoming elections.
“I am very positive and open to crypto companies and everything related to this new and growing industry. Our country must be a leader in this area. No second place. Dishonorable Joe Biden, on the other hand, the worst president in the history of our country, wants [the crypto industry] to die a slow and painful death. This will never happen with me!” he wrote.
During a speech at the National Convention of the Libertarian Party, the politician said that the future of cryptocurrencies and Bitcoin “will be created in the United States.” He also pledged to support self-custody rights for the nation's 50 million digital currency holders.
“I will keep [Senator] Elizabeth Warren away from Bitcoin, I will never allow CBDC, and I will also stop Joe Biden’s crusade to crush the crypto industry,” Trump said from the podium.
30m TF. After the last price increase, large volumes of buyers poured in, but these volumes are now decreasing and moving into accumulation mode. Recently, the price reached its local minimums within the trading range, and this was accompanied by a decrease in demand from buyers. The lack of a strong reaction from buyers may indicate weakness or lack of demand. Currently, the price is trading around the support level at the round number of $69,000, and I expect the local short trend to continue, taking into account the emergence of activity in the order book
I am sharing with you the latest analytics on $APEX - you can safely increase it in the range of $3-2.5$ with goals of $6+.
Today, by the way, they will publish data on the meme coin from $APEX, the token itself will be launched in June - it is very important to get into the presale, I will try to keep you informed, but I can’t promise.
All information can be obtained without delay from Maloletov in private (price list 6.000$ ), or in a sample for 50$ per month 😎
update APEX
The price has formed a buyer's zone (POI), which refers to the weekly period. Growth can be expected from this zone within the weekly timeframe. The zone has now been tested, and the price may already begin to expand upward and overcome the level of $3.863.
Interesting data. The number of addresses with a large number of bitcoins remains at a high level, decreasing only slightly at market highs, but for ETH the dynamics have been negative for a year and a half. Adding to this the behavior of altcoins, it is obvious where the main interest is.
I think this trend will continue for several years, Bitcoin has moved into the legal field and interest in it will be stable. Most altcoins will remain only for cryptans.
15m TF. The instrument continues to maintain an upward structure of movement, since yesterday we have been in a sideways movement within which the price has formed an excellent hourly cascade of highs behind which unrealized liquidity continues to remain, the withdrawal of which I will consider, the lows are not updated, we are gradually drawing closer to the cascade, I expect to see an increase in trading volumes and an impulse breakout into a long position on the participants’ feet with the potential for movement to the $190 mark