btc500k

$CRV

👋 Welcome to TradeCityPro Channel!
Let’s analyze CRV, one of the older and more popular coins in the DeFi space, previously a staple in many crypto whales' wallets.

🌟 Bitcoin Overview

Before diving into CRV, let’s take a quick look at Bitcoin. It recently hit a new ATH but faced a heavy rejection on the 1-hour timeframe, triggering significant selling pressure in the market.

Remember, these kinds of candles are typical during bull runs. They may appear bearish on higher timeframes, but they often induce FOMO and panic selling, leading to potential buying opportunities.

📅 Weekly Timeframe Analysis

After losing its critical support at 0.4107, CRV dropped to 0.2219. Following a decrease in selling pressure, the coin consolidated for several weeks in a box range.

With renewed whale interest, significant buying volume pushed the price up by 350%, breaking the box and daily resistance. The rally was capped at 1.2060, where CRV has been trading below for the past two weeks.

If you entered the market after the box breakout, you should already have a reasonable profit. You can either take partial profits or withdraw your initial investment, holding the remaining position as "free tokens."

If you missed the rally, it’s currently not an ideal entry point due to the large stop loss required. Wait for either a time-based correction (range-bound movement) or a price correction to 0.8065, which serves as the next major support level.

🌞 Daily Timeframe

On the daily chart, CRV moved upward after breaking out of the 0.2219 – 0.3169 range and is now trading below the 1.251 resistance.

Support: 1.0522 (lower timeframe), 0.7985, and 0.6217 for potential price corrections.
Resistance: A break above 1.251 could lead to higher price targets, with the first at 1.9109.

breakout above 1.2510 may provide a momentum-based entry, but it’s riskier than the earlier entry at 0.3169. Wait for confirmation, such as volume increase and RSI movement, before entering.

⏰ 4-Hour Timeframe
On the 4-hour chart, CRV has tested the 1.2693 resistance twice. This level could act as a key trigger for future positions.

📈 Long Position Trigger
Open a long position after breaking 1.2693, with confirmation through increased volume and RSI entering the overbought zone. This is a weekly resistance, so a fake breakout is likely if volume is low.

📉 Short Position Trigger
No short positions are being considered for now, as they go against the current trend. Instead, focus on finding setups in other coins or monitoring CRV for better opportunities.

💡 BTC Pair Insight

Against Bitcoin, CRV has been in a prolonged downtrend but recently started to recover after breaking 0.00000528. However, the real bullish movement will begin only after breaking 0.00001223, forming higher lows, and continuing its upward trend.

Avoid FOMO. If you miss CRV, there are plenty of other opportunities in the market.

📝 Final Thoughts

Stay calm, trade wisely, and let's capture the market's best opportunities!

This analysis reflects our opinions and is not financial advice
#cvrusdt #BTC500K #PENGUOpening #VANAOpening #Write2Earn!

In the dynamic and often unpredictable world of cryptocurrency, there are tales of remarkable individuals who have managed to achieve extraordinary financial feats. One such individual is Khoa, an IT guy from Vietnam, whose story with Bitcoin has captured the attention and admiration of many.

**Who is Khoa?**

Khoa is a Vietnamese native with a background in Information Technology. His journey into the world of Bitcoin began in 2011, a time when the cryptocurrency was still relatively unknown to the mainstream.

**The Early Days and the Foresighted Move**

In 2011, Khoa showed remarkable foresight when he purchased 3,000 Bitcoins for a mere $1. This decision, which seemed almost inconsequential at the time, would prove to be a life-changing one. It was a bold move, considering that Bitcoin was a nascent and highly volatile digital asset. However, Khoa's understanding of technology and his intuition about the potential of Bitcoin led him to take this plunge.

**2014: Funding Education and a New Chapter**

By 2014, the value of Bitcoin had experienced a staggering increase, skyrocketing by a thousand times. Recognizing the opportunity, Khoa sold 500 coins to finance his studies abroad. This not only provided him with the means to pursue his educational dreams but also demonstrated his ability to make practical decisions with his newfound wealth. It was a calculated move that set the stage for further success.

**2017: The Road to Financial Freedom**

The year 2017 was a milestone in the cryptocurrency market, with the price of Bitcoin breaking the $20,000 mark. Khoa, once again, showed his astute decision-making skills by selling another 500 coins. This move was significant as it propelled him into a state of financial freedom. He had managed to turn his initial investment into a life-changing sum, achieving a level of financial stability that many can only dream of.

**2021: Continuing the Success Story**

As the cryptocurrency market continued to evolve, so did Khoa's strategy. In 2021, when Bitcoin reached $60,000 each, he sold 1,000 coins. This further solidified his financial position, adding to his growing wealth. His consistent and precise approach to selling his Bitcoin holdings at opportune times has been a key factor in his success.

**Today and the Future Aspirations**

Today, Khoa still holds 1,000 Bitcoins and has set his sights on selling them when the price reaches $200,000 each. If he manages to achieve this goal, he stands to make a profit of $200 million, which would truly cement his status as a legend in the world of cryptocurrency.

**Advice from Khoa's Journey**

**1. Educate Yourself Thoroughly**
Khoa's background in IT likely gave him an edge in understanding the technology behind Bitcoin. For anyone interested in cryptocurrency, it's essential to educate yourself about the fundamentals of blockchain technology, how cryptocurrencies work, and the factors that influence their value. This knowledge will help you make more informed decisions and avoid common pitfalls.

**2. Have a Long-Term Vision**
Khoa's initial investment in 2011 was a long-term bet. While the cryptocurrency market is known for its short-term volatility, having a long-term perspective can pay off. Don't be swayed by short-term price fluctuations but instead focus on the potential of the technology and its adoption over time.

**3. Know When to Take Profits**
Khoa's ability to sell his Bitcoin at strategic points in time is a crucial lesson. It's important to set realistic profit-taking goals and not get overly greedy. While it's tempting to hold onto assets in the hope of even greater gains, knowing when to cash out and secure your profits is a skill that can protect your wealth and set you up for future opportunities.

**4. Stay Calm and Rational**
The cryptocurrency market can be highly emotional, with prices swinging wildly. Khoa's success is a testament to his ability to stay calm and make rational decisions. Avoid making impulsive decisions based on fear or FOMO (Fear of Missing Out). Instead, rely on your research and analysis to guide your actions.

In conclusion, Khoa's journey from an IT guy in Vietnam to a Bitcoin millionaire is an inspiring story that offers valuable lessons for anyone interested in the world of cryptocurrency. While his success is remarkable, it's important to remember that the cryptocurrency market is risky and volatile. However, by following the advice gleaned from his story, you can increase your chances of making sound investment decisions and potentially achieving your own financial goals. 🌟
#BTC500K

Riot Platforms bought approximately $510 million worth of Bitcoin BTCUSD between Dec. 10-12, bringing the Bitcoin miner’s total BTC holdings to nearly $1.7 billion, according to a Dec. 13 regulatory filing. 
The purchases coincide with reports that activist investor Starboard Value has taken a “significant position” in the Bitcoin miner. 
On Dec. 12, The Wall Street Journal reported that Starboard urged Riot to repurpose some of its Bitcoin mining capacity to service artificial intelligence models. Buying BTC has shown itself to be another way for Bitcoin miners to win over investors.
“We are committed to creating value for all shareholders, and we look forward to constructive dialogue with Starboard on ways to achieve this shared goal,” Riot reportedly told The Wall Street Journal. 

Pivoting toward AI
Demand for computational power from AI models is surging. Bitcoin miners—often armed with captive power supplies and expansive data centers—are well-equipped to service this market.
“The synergy is simple: AI companies need energy, and Bitcoin miners have it,” according to an Aug. 16 report by Matthew Sigel, fund manager VanEck’s head of digital assets research.
If Bitcoin miners pivot toward AI, they could collectively unlock nearly $37 billion in market capitalization, VanEck said. 
In particular, Riot could gain more than $4.8 billion in market capitalization by focusing on servicing AI businesses, the asset manager estimated. 
That would more than double Riot’s market capitalization, which stands at around $4.4 billion as of Dec. 13, according to Google Finance. 

Doubling down on Bitcoin buying 
Meanwhile, investors are also rewarding Bitcoin miners for building large BTC treasuries. 
On Dec. 10, analysts at JPMorgan raised price targets for four Bitcoin mining stocks—including Riot—partly to reflect the value of the miners’ BTC holdings. 
“We previously valued Bitcoin miners based on the four-year gross profit opportunity for each operator,” the analysts said. 
“We are expanding upon this framework by incorporating 1) the value of each company’s land and power assets […] and 2) a HODL premium, which gives miners credit for holding Bitcoin on their balance like MicroStrategy.” 
Since 2020, MicroStrategy has spent approximately $25 billion buying Bitcoin as part of a corporate treasury strategy spearheaded by co-founder Michael Saylor.
The strategy paid off as BTC’s price steadily rose, breaking $100,000 per coin earlier this month.
Since 2020, MicroStrategy’s stock, MSTR, has gained about 2,500%, outperforming practically every sizeable public company except Nvidia, according to Google Finance data
$BTC
#BTC☀ #BTC500K #BTCReclaims101K #BinanceSquareFamily #Write2Earn!

$BTC
As we can see price now is near 100K$ resistance zone and ATH resistance and we can expect short-term fall now to the targets like 90K$ or more dump even like the prices mentioned on the chart.

long-term BTC is still bullish and after range for couple of weeks and correction and short-term fall we can expect breakout of ATH and targets like 120K$.

DISCLAIMER: ((trade based on your own decision))
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Bitcoin hit a record high of $106,533, with large wallet holders increasing by 9.9% since October 10.The total cryptocurrency market cap has surged to $3.8 trillion, with Bitcoin up 65% in Q4 and altcoins showing recovery.
Bitcoin’s historic rally reached a new milestone, hitting $106,533, according to CoinMarketCap. According to Santiment, a blockchain analysis firm, large Bitcoin investors have been on the rise during this rally.

$BTC In a tweet, Santiment said the number of wallets holding 100 BTC or more has risen by 9.9%, with 1,582 new wallets created since October 10. This increase speaks volumes about the increasing confidence of institutional and high-net-worth investors in Bitcoin as it continues to rise.

$BTC Consequently, after reaching its record high, Bitcoin’s price retraced to $104,543. The cryptocurrency has risen 8.4% this month after having rallied 37.32% in November and 10.95% in October. In the last quarter of the year, Bitcoin has gained 65% and is still two weeks into the period.
This rally is consistent with the other indicators of increased investor confidence, including the 0.3% weekly rise in the Nasdaq Composite index and anticipation of the Federal Reserve’s rate cut. The probabilities for a 25-basis point cut now stand at 96% for the Fed’s two-day meeting that ends on Wednesday. Lower rates often Favour Bitcoin as it tracks technology companies and is affected by macroeconomic conditions, including a weakening dollar and high money supply.
Speculation Grows Over U.S. Bitcoin Reserve

$BTC Bitcoin investments have also been boosted by statements by former President Donald Trump, who hinted at forming a strategic Bitcoin reserve. During an interview with CNBC, Trump mentioned that the U.S. has to become the leader in the cryptocurrency industry, similar to its strategic oil reserves.
Currently, about 2.2% of all Bitcoin is owned by governments, with the U.S. alone holding almost 200,000 BTC, worth more than $20 billion. Other countries such as China, Bhutan, and El Salvador also possess large reserves of gold, which implies the value of the asset.
Vladimir Putin, the Russian president, recently criticized the US dollar for being used as a weapon and called for the adoption of digital currencies such as Bitcoin. Although these developments emphasize Bitcoin‘s increasing importance, analysts also expressed some concerns about setting up a national reserve, which can be quite complex and may result in market instability.

#BTC☀
#BTC500K
#btcupdates2024
#BitcoinTherapist

Many afraid they will dump $1B worth of $BTC ,So I've analyzed their latest approach to see what they do.I was shocked, when I found out their REAL plan 🧵👇⬇️⬇️Last time when BTC whales dumped their assets it went down 30%.2 days ago, BlackRock transferred 100k $BTC to multiple wallets.
So I decided to research all the possible scenarios, let's break them down.Currently, there are only 2
scenarios that can happen:— BlackRock will sell— They are just manipulating retailAnd each has its own pros and cons.⬇️Will BlackRock start selling?Right now, BlackRock is sitting at a huge profit from BTC.
They don't publically disclose their average entry price on BTC.But if you look at the accumulation phase where they filled their wallets.
The price may vary from $30k-$40k per coin.Most of you remember when Germany and MT Gox dumped their holdings.
At that time, they sold $9B worth of BTC.Which dipped the price from $72k to $54k.But the dump didn't happen due to their sell alone.
When the asset has $20B daily volume, a $9B dump shouldn't result in -25%.That happened due to retail panic, which led to a massive retail sell-off.⬇️During the last week,
many people started to believe in this bullrun.And even on BTC, we see a lot of buy orders in the $100k range.
This may be the best time to shake off weak hands from the market.But these transfers can be seen as retail manipulation.
Yesterday they mentioned how much % their investors need to own in BTC.It's the first time they told their clients about direct crypto ownership.
Offloading into their own clients can negatively affect their reputation.In conclusion,
I will say:Right now is not the best time to enter the market.The market will keep the bullish trend,
but we will see a lot of sell-offs.And new opportunities to enter will appear.Don't rush things up, and get smarter every day.⬇️
Thank you for reading!If you found this article interesting, make sure to follow me for more valuable content 📈And
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$BTC
#BTC☀ #BTC500K #BTCReclaims101K #BitcoinKeyZone #CPI4MonthsHigh

$BTC

This analysis is an update of the analysis you see in the "Related publications" section

The price reached the green zone and is now pumping. We anticipate the start of a drop and an alt-season from the upper red zone.

Note that, in terms of price, we consider this area to be the peak of Bitcoin dominance. However, in terms of timing and the number of times this level is tested, there is no certainty. This means that when Bitcoin dominance reaches the upper red level, you can enter altcoins. However, altcoin fluctuations might increase, and it could take some time, as the market maker might cause some turbulence before the main move.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

#BTC☀ #BTC500K #MarketNewHype #BTCNewATH