The Wolf Of Few Streets

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

2023-06-05 12:00:30 On the eve of the Apple presentation, where, according to rumors, VR gadgets will be introduced, it's worth paying attention to tokens associated with the metaverse. Open / Comment

2023-06-02 15:58:15 Given the data, I think that we are going down. We can find support at 26800 and 26000, then continue up. It will be hard for the market to start growing with such data. In this situation, it is hard to guess, as a small positive on the ceiling can support the market. In general, we need to wait until Monday and look at the market from scratch. Open / Comment

2023-06-02 15:31:12 U.S. MAY NONFARM PAYROLLS +339,000 (CONSENSUS +190,000)

U.S. MAY PRIVATE SECTOR JOBS +283,000 (CONS +165,000) Open / Comment

2023-06-02 15:05:52 After the debt ceiling hike, investors decided not to rush with sharp movements and wait for the NFP data release. Very powerful movements are possible after this data is released and the American markets open. I still expect growth, as there are enough events accumulated for this, but negative data can cancel this scenario. Data will be released in 25 minutes. Let's wait and see. Open / Comment

2023-05-31 09:40:30 Minor swings before the debt ceiling vote, taking advantage of a bit of confusion, they want to collect liquidity around 26500, as I wrote before. Nothing serious, I think we'll recover quickly. Let's wait for the vote today.

HOUSE TO HOLD PROCEDURAL DEBT DEAL VOTE 3:3OPM WEDNESDAY: SCALISE

HOUSE VOTE ON DEBT-LIMIT DEAL BILL ALSO EXPECTED WED.: SCALISE Open / Comment