The Wolf Of Few Streets

2023-12-05 19:01:00 Right now, it doesn't seem like the bulls have enough strength. If they can't secure a position above the 42400 level, the next move could be towards the 40,800 area. Supporting a minor correction is also a slightly strengthening dollar. Open / Comment

2023-12-05 12:22:55 If we look at smaller timeframes, Bitcoin's nearest liquidation levels are at 40,800 and 42,400. Considering that there is a quick bounce from the nearest support levels (just a few hours from 41,200), this indicates that the market is not yet ready for a correction. The energy to trigger bearish stop losses seems more likely at the moment. Therefore, for me, 42,400 is the priority target. Open / Comment

2023-12-04 14:25:49 XRP has been extraordinarily strongly dumped. What could it mean, are they gathering at the top? Open / Comment

2023-12-04 08:48:44 Everything is great, but I must say, the growth at these volumes raises some concerns. According to Coinglass, there were liquidations worth $135 million in the last 24 hours, which isn't very significant relative to the size of the growth. The movement started over the weekend in a low-liquidity market. The CME gap is still around 38,500. This growth appears quite artificial. There are positive reasons for this, like preventing cheap buy-ins, but there could also be negative aspects (I'm not inclined to consider these yet, but the possibility exists). Well, the main thing is to quickly get a grip on the situation and identify what might be interesting at the moment. I think the most intriguing part is that altcoins are likely to start rallying. With Bitcoin being overbought, it's unlikely to attract much interest soon, so it's good time for the rest of the top 20 to rise. Open / Comment

2023-12-01 20:09:54 Optimism is evident amidst a little clarity regarding the ETF decision. Bloomberg analysts state that the decision window opens between January 5th and 10th. I see two positive aspects in this: first, we've climbed to the 39,000 level, second, after this statement and the market's reaction, there's nothing more sensational to throw into the news except the actual approval of the ETF. This makes market analysis a bit easier as the 'it will be approved tomorrow, no, the day after…' factor fades away for some time... Open / Comment

2023-11-30 19:48:58 Which altcoins do you think are the most promising in the near future? Open / Comment

2023-11-29 10:13:03 The current rise is attributed to the dollar's weakening amidst optimism regarding interest rates. Regarding the fundamental aspects of BTC itself, there hasn't been any positive news so far, and I believe that it would be best to shift towards a sideways movement in the region of 37,400. I think the price will retreat. Open / Comment

2023-11-21 23:38:39 Open / Comment

2023-11-21 20:25:22 ZHAO’S BINANCE WILL ALSO ADMIT WRONGDOING AND AGREE TO PAY $4.3B IN FINES- WSJ Open / Comment

2023-11-21 20:21:06 BINANCE FOUNDER CHANGPENG ZHAO AGREES TO STEP DOWN, PLEAD GUILTY- WSJ Open / Comment