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The Wolf Of Few Streets

Logo of telegram channel thewolfoffewstreets — The Wolf Of Few Streets T
Logo of telegram channel thewolfoffewstreets — The Wolf Of Few Streets
Channel address: @thewolfoffewstreets
Categories: Cryptocurrencies
Language: English
Subscribers: 24.88K
Description from channel

Opinions expressed here are my own and not financial advice. Crypto, forex, stocks.
DM: @of_streets
Twitter (X): https://x.com/wolf_of_streets
Instagram: https://www.instagram.com/thewolfoffewstreets/
Website: https://thewolfoffewstreets.com

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The latest Messages 8

2023-10-16 16:46:42 Their application is still under review: BlackRock via FoxBusiness
16.9K views13:46
Open / Comment
2023-10-16 16:43:59 Now there is a decline amid rumours that it can be fake news…
17.2K views13:43
Open / Comment
2023-10-16 16:33:31
Nice, almost at the point
17.0K views13:33
Open / Comment
2023-10-16 16:27:51 Breaking :SEC approves iShares Bitcoin spot ETF.
17.5K views13:27
Open / Comment
2023-10-16 08:32:33
SEC bypassed the appeal, and the market decided to move sideways over the weekend. Now, positivity is emerging, and I believe it will persist. Currently, if no negative factors arise, the next target is 31,500. There's lingering negativity about Binance, and bad news could drop at any moment, but for now, the market will likely be driven by optimism in light of the upcoming ETF decision.
17.2K views05:32
Open / Comment
2023-10-13 22:43:51 It's strange why the SEC is delaying... What do you think, will they file an appeal or not? Just a few hours left.
16.4K views19:43
Open / Comment
2023-10-13 18:58:04
As I wrote in the previous post, today, by midnight, is the deadline for filing an appeal in the Grayscale case.

If the SEC does not file an appeal – it's almost a green light for listing the spot Bitcoin ETF.

I lean towards the scenario that the SEC will indeed file an appeal and the market will again see negativity, thanks to which we will descend to the support levels I highlighted earlier. However, if this does not happen, a sharp rebound upwards is possible. In any case, today will be a very volatile day, be prepared.
16.7K views15:58
Open / Comment
2023-10-12 16:30:22
Despite the slightly elevated CPI level, it didn't lead to a reconsideration of the likelihood of a rate hike at the upcoming meeting. So, the data isn't great, but it's not critical either. That's one less negative factor to consider. Now, the market will be driven by news within the crypto sector itself, awaiting the SEC appeal decision. I believe the current support levels should hold.
17.0K views13:30
Open / Comment
2023-10-12 13:01:30
At the moment, in my opinion, the market is less fearful of economic data and geopolitical events, and the current decline is more related to the approaching deadline for the SEC to appeal in the Grayscale case. Essentially, market participants are almost certain that the SEC will continue to defend its stance, which might erode the optimism gained from the previous uptrend. The appeal deadline date is October 13-14, but of course, this might happen earlier.

Additionally, today the US CPI data will be released, and I don't expect any positivity from them. However, if they lean bearish, I'm concerned about a confluence of negative events which might press the market below the nearest support levels of 25700-26000.

If the CPI data turns out to be not overly pessimistic, there's a chance to hold the 25700-26000 levels upon the SEC's appeal filing.
17.3K views10:01
Open / Comment
2023-10-06 18:02:27
GALUSDT

Just In: Galxe is suspected of having security issues, and some users have reported that their assets have been stolen. Several users claimed that their assets were stolen after using their wallets to authorize the Galxe platform.
16.6K views15:02
Open / Comment