💰Mike Alfred wrote on TWITTER that he spoke with a fund manager closely associated with one of the early investors in Binance. And he reported that Binance is in negotiations with W. Buffett’s Berkshire Hathaway about a new round of investment that will provide support and trust in the company.
💰 BTC dominance is sucking the last of the altcoins. Considering that the fall of Bitcoin occurs while its dominance is growing, then everything looks, so to speak, not very good.
There is also a potential for a move higher in terms of % dominance, but the question is what will happen to Bitcoin at this time.
⚠️ CZ Binance: It seems that the situation has stabilized. Yesterday was not the highest withdrawal we processed, not even the top 5. We processed more during LUNA or FTX outages. Deposits are now being returned.
Personally, I have not withdrawn anything from Binance due to FUD.
I hold a good position on#HFTon the spot. I've averaged it four times already. According to the schedule, it is obvious that they want to land almost all of the Longs before the obvious strong pump, which will happen sooner or later.
What can really lead to the trail. bull with a HUGE CHANCE?
I can't say for sure, but I believe that FLOKI listing on Binance is inevitable in the future. 3% of my portfolio is in it. Draw conclusions about risks. Not financial advice.
Today there were reports on industrial inflation, which the markets did not particularly like.
But there was no significant fall. Literally a decrease of -1%.
I expect the price to rise before the CPI reports. I will be long until Tuesday, then before the reports - I expect a decline (in anticipation of the worst).
The Wyckoff accumulation suggests that the price of Bitcoin (BTC) has already bottomed. Bitcoin has already gone through the first four phases of Wyckoff accumulation and has experienced a selling climax (SC) around $18,000. Currently it is in the 5th phase and at the same time at the lowest point of accumulation.