CryptoRaven

$BTC is acting like a new stable coin 😂

$BTC is just building volume on previously formed bullish candles. We've seen this pattern before, you can clearly see it on the chart.
Bitcoin may trade sideways for a few more days, but I believe it will make one more push upside toward around $110K.

$BTC dropped below $25K on the USD1 pair 🚨

$BTC has more liquidity to the downside, around $83.5k. I'm interested to playing long in that range. 👀
Let's see what happens when the US session opens.

$ETH reserve on exchanges hit a new low🚨

Expecting a short squeeze if $BTC can hold $87k.

$BTC has almost equal liquidity on both sides.
Don't expect a big move over the weekend, it’s likely to go sideways, just like last week.

U.S. government bond yields are spiking sharply. 🚨
That's bad news for $BTC and risk-on assets in general. We need them to cool down for the next leg up.

The $BTC Fear and Greed Index is currently at "EXTREME FEAR." 🚨
On the other hand, the stock market Fear and Greed Index is approaching the "NEUTRAL" zone. I believe crypto will catch up soon, as it appears very close to the bottom.

Market experiencing a heavy hit as of writing this.
$ETH will likely look for a support on $2,900. Expecting that to hold for the next $3,500 push. 🚀

$BTC is trying to break the LPSY (Last Point of Supply).🔥
Every time Bitcoin has hit this trendline in the past, it has been rejected and fallen lower.
We need a strong break and close above this line, and to stay above it, for the next leg up🚀

The $BTC liquidation map clearly shows significant liquidity resting on both the long and short sides. These are the moments when the market tends to get choppy and confused. 🚨
Bitcoin will eventually hunt both sides, it’s only a matter of timing. Stay cautious and make sure you’re using stop-losses.

The FOMC meeting is also taking place tomorrow.
$BTC has already priced in a 25 bps rate cut.
However, if we get a surprise 50 bps cut, we’ll likely see a strong rally (though this is very unlikely).
Otherwise, the market could go sideways.

After weeks of worst performance, $SUI is doing pretty good lately.
Those ETF news worked as a fuel 👏

The US 10-year Yield Curve is flying, and $BTC and other risk-on assets are bleeding 🚨
Our only hope is that it forms a double top, giving us another chance to rally

$BTC fear and greed index is still in “FEAR”
Good sign for the market, we still have few room left to the upside.
Market never goes into a bear market from "FEAR", so we still another rally left to the upside even it’s a dead cat bounce 🚨

$BTC exchange reserve dropped to a new all-time low!
Another short squeeze is coming. 🔥

$BTC is running out of downside liquidity. 🚨
Expect a bounce near $90K.

BREAKING: Michael Saylor's 'Strategy' bought additional 130 $BTC worth $11.7 million.🔥

$BTC acting like a new stable coin right now 🫠

The last time the Fed stopped Quantitative Tightening (QT) was in October 2019, and we saw a strong pump in $BTC and other altcoins.
Now that the Fed has recently decided to halt QT again, I believe we could see another mini altseason, similar to what happened last time.