We have to thank all the callbacks in June, because Q3 and Q4 will definitely see a big surge. In fact, time is becoming increasingly urgent. Dogecoin, Ethereum... will also follow Bitcoin's lead.
In one sentence: Two large holders/institutions increased their holdings of 152 bitcoins.
1. The Japanese listed company Remixpoint announced today that it has increased its holdings by 56.87 bitcoins for 887.25 million yen, with an average purchase price of 15.6 million yen, bringing its total holdings to 1038.26 bitcoins.
2. Previously, a whale/institution that earned $7.79 million on $WBTC has once again entered WBTC after a pullback: 50 minutes ago, it purchased 95.8 WBTC for 10 million USDT at a price of $104,330.
Bitcoin is actually very influenced by geopolitical factors. Let me tell you about the recent drops in the Bitcoin market caused by wars: 1. The outbreak of the Russia-Ukraine war, which is a full-scale war, led to a drop of 10% on the same day; 2. In 2024, Israel's airstrike on Iran caused a drop of 5.5%, at that time it was just an airstrike; 3. This year's event, Israel's airstrike on Iran, resulted in a drop of over 4%, this was also just an airstrike;
From the above data, you will find that as long as it is a war, it will trigger a significant spike on the same day, but it will gradually rebound afterwards. So hopefully this does not escalate into a full-scale war.
Based on the above analysis, we predict that Bitcoin's price may further decline in the next 8-12 hours, ranging from $100,000 to $102,000-$103,000, and may test the support level of $102,400. If the conflict escalates further (e.g., major retaliation from Iran), the price may face more downward pressure; if the situation stabilizes, Bitcoin may see a slight rebound, but given the current technical situation and market sentiment, it will take some time to recover.
$100,000 is the last stronghold for the bulls in the short term. Ethereum and Dogecoin directly reference Bitcoin.
I slightly increased my position this morning, betting that it won't break 100,000. Because I believe there is no need to break 100,000; if Bitcoin breaks 100,000, it will take a long time to recover.
The war between Israel and Iran changes the strength of the air force and the intensity of involvement; if the war does not escalate, it will recover in a few days.
Ethereum and Dogecoin basically follow Bitcoin, with differences in intensity.
Is there a gambling element in cryptocurrency? Definitely. Sometimes people need to take a gamble, just don't go all-in on those low-quality coins.
If you are afraid that this year will end like this, then there is no need to participate in this industry. Or at most, just play around with contracts. Because if this year doesn't work, then next year and the year after will be even worse. Bitcoin has definitely not reached its peak, and both Dogecoin (doge) and Ethereum still have upward potential.
It is said that Lao Huang from AEX (Anyin) has been arrested by the Thai police. If many people may not know about Anyin, let me mention a name—Bit Era.
This guy is not short on money; if he hadn't sold his coins back in the day, it would be an astronomical figure.
There is definitely an opportunity for counterfeit goods. Previously holding onto counterfeit goods, there is no need to rush for now. After September, we can wait for the right moment to sell based on the Bitcoin price.
I judge that the peak of this wave should be after September; at that time, we can look at the specific patterns. Dogecoin, Ethereum, SOL - similarly
According to my judgment: It is expected that the price of Bitcoin will likely rise to around $109,000 within the next 24 hours,
with a fluctuation range of $105,000 to $110,000 in 24 hours. For now, just take short positions in a ladder at three levels: 106,500, 105,000-105,400, and 103,900. Dogecoin, Ethereum... refer to Bitcoin
Discuss the impact of this PPI factor: Limited impact on Bitcoin
The PPI data is basically in line with expectations, not a major positive, nor a major negative. Therefore, it will not bring about significant changes, so the market will mainly be characterized by fluctuations.
In a nutshell: Bitcoin is temporarily retracing, then charging towards 110000. The fluctuation range is 104000-110000, and today it is highly likely that it will not drop below 105000, so if it can reach 105000-105500, I think it can be bought.
I remain optimistic about the market in the coming months. Dogecoin and Ethereum follow Bitcoin closely.
This is a labubu worth 1.08 million, priced at 1.5 bitcoins. Is anyone buying? Don't mock them, at least they have a doll to play with 😂 This is the physical MEME
My market forecast: Bitcoin's peak will be after September.
The first interest rate cut this year will be in September, and the second interest rate cut will be in December.
If that's the case, then Bitcoin's peak won't happen in August. It has to occur at least after one interest rate cut, and then the last one will be left for speculative expectations.
One more good news: Bitcoin, Ethereum, and Dogecoin are about to start performing.
Just now, Trump stated that an agreement has been reached with China, pending final signing and effectiveness by the leaders of both countries. China will provide rare earths to the United States, and the U.S. side will expand the acceptance of Chinese international students.
How is it? My judgment is accurate, right? I predicted that the CPI would be favorable in advance, and I mentioned that it would return to around 110,000 tonight. 😎
This is the ability to control trends and the ability to judge data.
What everyone needs to pay attention to right now is: The U.S. Consumer Price Index (CPI) data will be released at 8:30 PM Beijing time (12:30 PM UTC).
Don’t be foolishly waiting for the U.S. stock market. Based on my feeling—I predict that within the next 10 hours, the price of Bitcoin will rise to around $110,000. Because I believe that U.S. inflation will decrease, and tonight is likely to be a positive outcome. Dogecoin and Ethereum will follow Bitcoin.