Market Update and Strategy Tips!🤫

#Bitcoin : Currently navigating a tricky zone between the 50 EMA and 100 EMA.
Patience continues to be my mantra, as I've emphasized over the past four weeks. While some altcoins like TRB are showing spikes, tempting for quick trades, caution is advised.

What to Do?

Attempting to time the market, especially during a sideways or weaker trend, might seem tempting but could be detrimental. Remember, the significant rally might still be on the horizon.
Here's what to consider:
- If your portfolio is down, it might be wise to hold steady.
- If you're holding stablecoins, consider diversifying into promising altcoins with solid fundamentals and trending narratives.

Remember, it's nearly impossible to buy at the absolute bottom or sell at the peak. Rational decision-making is crucial for the next 12 months.
Looking ahead, expect some sideways movement and choppy price action, possibly followed by a significant dip — but that's not the end. We're likely to see a strong upward trend following this.

Also, get ready for an Altseason where the right picks could potentially see gains ranging from 5x to 100x! I'll be sharing my list of promising altcoins soon, so make sure to follow me and join my Telegram channel for exclusive updates, Link in bio.

Do Your Own Research, Not Financial Advice!

#Crypto #BTCUSDT

https://x.com/Cryptorphic1/status/1788490690709606622

https://www.tradingview.com/chart/BTCUSDT/zaaJ6Nqz-Market-Update-and-Strategy-Tips/

#Bitcoin update: No significant changes at the moment.

BTC continues to show strength as it maintains its position above the 100 EMA, an important support for bullish momentum. The crucial blue trendline support remains intact, further keeping the positive outlook.
Monitor the support level for a potential move towards the upside.

A close below both the EMA and the support line will likely cause the price to drop around $57k.

https://x.com/Cryptorphic1/status/1789588300052799993

DYOR, NFA.

#Altcoins : Analysis of Total2 !

Altcoin Mcap has experienced diminishing returns since its inception. However, based on historical data trends, the altcoin market cap is poised to reach between $5.65 and $6.2 trillion in the forthcoming year.

This surge in market cap could potentially elevate the Bitcoin price to a target range of $115k to $140k over the next 12 months.
It's essential to maintain a long-term perspective and rely on technical and fundamental analysis, not emotions. Short-term price action can be deceptive, but the overarching trends suggest significant growth.

#Altcoinseason2024 #cryptotrading #Bitcoin

https://x.com/Cryptorphic1/status/1789676988350779889

The Bitcoin liquidation heat map still shows some liquidity to the downside below the price, around $60,000. However, as of right now, we're starting to see more and more liquidity building to the upside as more people are entering short positions. We have an initial area of liquidity sitting at around $63.5K to $63.9K, and additionally at $64.4K and $64.9K. On larger time frames, there are billions of dollars of liquidity around $67K to $67.5K.

Essentially, once the price crosses above those higher levels of liquidity, it could potentially cause a major short squeeze to the upside, considering we will be liquidating billions of dollars of short positions once the price eventually crosses above those levels.

https://x.com/Cryptorphic1/status/1789885365735526904

#cryptocurrency #Bitcoin

The total cryptocurrency market cap is on track to surpass the $6 trillion mark. Stay focused and don't be swayed by short-term fluctuations.

The journey isn’t over yet! We are likely on the cusp of the most significant wave—an unprecedented surge that could boost the entire market for nearly a year. This will be life-changing.
Make sure you don't miss it this time!

#Bitcoin #crypto

https://x.com/Cryptorphic1/status/1790656956715122880

#Bitcoin Update:

This chart is far from bearish—it actually looks promising! While the exact timing is uncertain, Bitcoin should begin its gradual ascent in the coming days or weeks. Expect altcoins to follow suit.

I'm finalizing my altcoin list, and it will be published soon!

🔗 Make sure you’re connected to my Telegram for immediate updates (link in bio).

#Crypto


https://x.com/Cryptorphic1/status/1790658707946127603

#Bitcoin : So far going according to the plan.
Let's see how it goes after the weekly close.

https://x.com/Cryptorphic1/status/1791833658329894992

#Bitcoin looks fine, Enjoy the weekend!


https://x.com/cryptorphic1/status/1792038312259272756?s=46&t=aqB6ywA6kxdiJTLk1RiyZw

Just a Quick view of how #Bitcoin has performed during the last 3 Halvings!

#Bitcoin: I've said it many times, don't get distracted by short-term price action.
The price is likely to hit the $100k mark this bull run.
Don't give up when opportunities arise!

I'm still holding my longs on $ONDO, $FET, $DOGE, $RNDR and $INJ.
$DYDX Stop loss hit, considering a re-entry.
I will also accumulate long in $NEAR.

I'll be out for the day, but if anything important comes up, I'll post from my phone. Catch you soon.

Cheers!

#Altseason

https://x.com/Cryptorphic1/status/1793949848141443137

https://www.tradingview.com/chart/BTCUSDT/ByNr0V81-BTC-USDT-Latest-Update/

https://www.tradingview.com/chart/BTCUSD/DKus67Pi-Bitcoin-could-hit-156-000-by-May-27-2025-Here-s-Why/

This is the latest update on Bitcoin, Please hit the like button if you like my charts and share your views in the comment section.

Thank you

Most of you might scroll past this tweet, but let's take a moment to appreciate our knack for reading #Bitcoin charts.
📈 Another spot-on prediction!
I don't enjoy being an underrated analyst but these wins gives me happiness.
I'll keep doing this for myself!

If you're long with leverage , better book some profits here, dyor, nfa.

#Crypto

https://x.com/Cryptorphic1/status/1795129921624543462

https://www.tradingview.com/chart/BTCUSDT/5FEQFFM9-Bitcoin-Daily-Update/

Bitcoin Update, Do hit the like button to support!

Thank you

#PEACE

#Bitcoin Update

There have been no significant changes in Bitcoin's price action at the moment.

BTC continues to show strength, maintaining its position above the symmetrical triangle. To see further gains, a break above $73,000 is needed, which could propel the price towards $81,000. On the downside, if Bitcoin falls below $66,400, it may retest the $62,433 level.

There is a high possibility of more sideways movement. By next week, we may expect some clearer direction in the market.

DYOR, NFA

https://x.com/Cryptorphic1/status/1796168442816704641

#crypto #BTC

https://www.tradingview.com/chart/BTCUSDT/k0ZL24TL-BTC-USDT-4-Hours-Technical-Analysis/


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So @realDonaldTrump got convicted for falsifying business records and for those who don’t know what happened, here's a brief summary of Trump's legal saga:

1. The Hush Money Chronicles:

A payment made to keep someone from revealing damaging or embarrassing information. It all began with a $130,000 hush money payment to adult film star Stormy Daniels in October 2016. The payment was made to keep her from discussing an alleged sexual encounter with Trump in 2006.

2. The Trump Organization's Creative Accounting:

Trump reimbursed his then-lawyer Michael Cohen for the payment, but the Trump Organization falsely recorded these reimbursements as legal expenses. This creative accounting would later come back to bite them in the behind.

3. The Manhattan District Attorney Steps In:

In March 2023, the Manhattan District Attorney's office indicted Trump on state charges related to the hush money payment. This marked the beginning of a legal saga that would captivate the nation.

4. The Trial of the Century:

The trial stretched over six weeks, featuring more than 20 witnesses. The jury found Trump guilty of falsifying business records in a scheme to illegally influence the 2016 election through the hush money payments.

5. The Verdict Heard 'Round the World:

On May 30, 2024, a jury convicted Donald Trump on 34 counts of falsifying business records. This made him the first former president to be convicted of felony crimes.

6. The Aftermath:

The conviction has left the nation reeling, with Trump's political future and the Republican Party's prospects hanging in the balance. The legal odyssey is far from over, with appeals and potential Supreme Court involvement on the horizon.

And there you have it, the beginning of the end for Trump's legal troubles. It's like a never-ending Netflix series.
Let’s see what unfolds in the near future!

Follow me for more, keep this bookmarked to stay informed.

#donaldtrump #Bitcoin #Altcoins

https://x.com/cryptorphic1/status/1796339306027700727?s=46&t=aqB6ywA6kxdiJTLk1RiyZw

https://www.tradingview.com/chart/BTCUSDT/zr4hS6M7-Bitcoin-Update-Risk-Check-Are-you-safe/

Bitcoin Update!
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