🪙 CryptoQuant believes that the recent surge in stablecoin inflows could lead to increased volatility in BTC

#KickEX_Explains

🔼 The influx of new stablecoins into the market is a traditional bullish signal for traders. The introduction of new stablecoins into the market represents the conversion of fiat money into digital currencies, which market participants view as an influx of new funds into the crypto ecosystem.

🕯 Often, news that the company #Tether has issued several billion #USDT indicates that someone has come and bought them for the equivalent of fiat money, and presumably, these billions will be spent on buying cryptocurrencies.

🎢 This, in turn, encourages traders to increase their activity in cryptocurrency speculation in anticipation of catching a good upward movement.

#Analytics

#Analytics #Bitcoin

🪙 #BTC/#USDT held its position above the support zone of $64,500-$67,700 and broke the short trend.

📈 If market participants maintain the price above $68,500, a good long setup with cascading levels up to $71,979 is forming.

An alternative scenario is further consolidation until news is released.

not a trading recommendation

#Analytics #BNB

🔶 There is a triangle pattern on #BNB/#USDT with a squeeze to the 645.2 level.

Beginning of consolidation or volume accumulation since March 10.

There is a lot of liquidity behind the 645.2 level, many shorts have placed stop orders behind resistance levels 645.2, 669.3 and ATH level 691.8.

Trade: open a position to break the 645.2 level and hold mid term to ATH 691-700.

is not a trading recommendation

#Opinion #Analytics

🔼 According to experts from Bitfinex, the consolidation phase is over, and the market is preparing for a bull run

The company's analysts have concluded that the correction is completed, and investors have entered a phase of reaccumulating assets.
This is indicated by the increased inflow of money into #Bitcoin-#ETFs and the rise in accumulation addresses for #Bitcoin and #Ethereum.

Do you share the experts' opinion? 🧐

#Analytics #BNB

🔶 BNB/#USDT has broken through its ATH level of $691.8

The historical level of $691 was a resistance level, but after breaking through and consolidating above $691, the ATH became a support level.

📈 The following trading plan is being considered: building a position up to the price of $688 and holding the position with targets at $732-740

📉 Exiting the position will be considered if the price breaks below $686.6

this is not a trading recommendation

#Analytics

🪙 Experts believe that #Bitcoin is in its longest consolidation period and predict an explosive growth once it breaks out of this range

In previous cycles, consolidation periods were shorter but still led to all-time highs in the value of #BTC 🚀

#Analytics

🪙 Experts from Bernstein have raised the expected target price for #BTC to $200,000

Analysts expect this price by the end of next year.

#CryptoNews

#Analytics

🪙 Experts from #CryptoQuant state that if $65,800 is breached, the price of #BTC could drop to $60,000

💔 — Bitcoin is doomed
😎 — I’ll buy more for cheap

🪙 #Analytics #Bitcoin

The 58970 zone is a strong support level for buyers.

📈 Mid-term trade:

Buy #BTC/#USDT in the range of 58000 - 61000.

Targets: Close 80% of the position at 64700 - 66100. Set a stop order at breakeven for the remaining 20%, aiming for a breakout of the ATH at 73946.

this is not a trading recommendation

#Analytics #XRP

🕯 Basis:

- Consolidation for #Ripple since April 13
- Formation of cascading levels
- Squeezing towards the sloping support level

📉 Medium-term trade in a Short position

Entry in 3 parts of the working volume:

- 50% of the volume on the break of the 0.4620 level
- 25% of the volume on the break of the 0.4601 level
- 25% of the volume on the break of the 0.4508 level

The goal is to place limit orders to close positions at 0.4386 and below

The main target — 0.4188

⚠️ Stop loss
Return of the price to the 0.4680 level

This is not a trading recommendation