The Wolf Of Few Streets

2023-06-15 21:42:06 In your opinion, which will come first: 23000 or 27000? Open / Comment

2023-06-15 21:35:37 It looks like we've landed. Even though Powell spooked everyone yesterday, the markets ultimately didn't buy it. If you're interested in more details about Powell's speech yesterday, you can read the article I posted yesterday in the comments (I'll repost it under this post). The S&P has already flown high, but the crypto market isn't in a hurry to catch up... It feels like the bears wanted to touch the 23000 level yesterday, but the rising S&P broke their plans. Now, if nothing negative appears, the bulls have a chance to thwart the bears' plans. I'm inclined to believe in a recovery, at least the fundamentals are currently conducive to this. Open / Comment

2023-06-14 21:00:47 US FED KEEPS INTEREST RATE UNCHANGED TO 5.25%.

Powell in 30 minutes Open / Comment

2023-06-14 20:20:29 The market has remained in a sideways trend as investors decided to wait for the rate decision and Powell's press conference. Today's cool PPI data is also a positive signal for risky assets, but the market has remained in place on the eve of the rate decision, as if no events are taking place. The rate decision is in 40 minutes, and then in another 30 minutes Powell's speech. The forecast remains valid within the previous timeframe, movements can be very strong. The main movements will be during and after the press conference, not the decision itself. Let’s wait Open / Comment

2023-06-13 15:30:35 CPI 4%, up Open / Comment

2023-06-13 14:16:46 Aside from Bitcoin, I continue to see XRP as one of the most reliable options for the near future. The resolution of the SEC case is nearing and it might be the first altcoin to find its footing, especially as rumors of a victory intensify. A bit later, I… Open / Comment

2023-06-12 08:38:52 This week, U.S. economic data will intervene in price formation in addition to internal fundamental events:

Tuesday, June 13
Core CPI - 12:30 GMT

Wednesday, June 14
PPI - 12:30 GMT
FED Interest Rate Decision- 18:00 GMT.
FOMC Statement - 18:00 GMT.

Overall, inflation data is of primary importance. The rate is unlikely to be raised if there are no surprises with CPI. And since an increase isn't priced in this time, an inflated figure could stir up major turbulence as early as Tuesday. However, if Tuesday's data comes in within or even below expectations, I believe the market will be able to relax and start to recover from Tuesday, without waiting for the decision on the rate. Therefore, the target for Bitcoin could be 27,500 and higher, barring any unforeseen events. Open / Comment

2023-06-10 18:21:33 Aside from Bitcoin, I continue to see XRP as one of the most reliable options for the near future. The resolution of the SEC case is nearing and it might be the first altcoin to find its footing, especially as rumors of a victory intensify. A bit later, I think it'll likely be the time for DEX tokens, but that's a little down the road, not right now. What do you think, which assets have a good prospect in the near future? Open / Comment

2023-06-10 17:51:03 The market has dropped because the SEC listed a vast number of altcoins as securities in a case against Coinbase. However, those who are shorting Bitcoin should be careful. Even though it dropped slightly along with all altcoins, Bitcoin's market dominance has increased. This is because people are transitioning from altcoins to Bitcoin. This trend indicates a significant potential for growth. At the moment, Bitcoin's dominance is nearly 50%. Open / Comment

2023-06-05 18:27:36 Fud appeared. CZ has already responded, but the market may shake a little nonetheless. CZ response:

4.

Our team is all standing by, ensuring systems are stable, including withdrawals, and deposits.

We will issue a response once we see the compliant. Haven't seen it yet. Media gets the info before we do.

https://www.nytimes.com/2023/06/05/business/sec-binance-charges.html Open / Comment