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Crypto JK
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Bullish
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So $
BTC
now has touched down at 88k zone. It's flipped
#Silver
to become the 8th largest asset globally.
100k soon?🤔
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BTC
89,567.99
+3.47%
22.4k
0
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3
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CPI YOY result as forecasted has increased by 2.6% for the month of October. The photo shows the breakdown. This typically indicates bearish market sentiment, but let's wait and see how the crypto market reacts to this. Trade safely, avoid big margin + high leverage for the meantime.
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CPI results to be released in a couple of hours from now. Brace yourselves for a potential market volatility. Will this be the fuel towards $BTC 100k or a hammer that'll send it down again near 80k?
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Total Crypto Market 24H Liquidation (11/12/2024, 10:10 PM UTC+10) 🔴LONGS: $527.81M 🟢SHORTS: $472.41M A total of 268,542 traders got liquidated, resulting in total liquidations amounting to $1.00B. Notably, the largest single liquidation order, valued at $15.70M, occurred on Binance for #BTC/USDT.
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I think I got the answer now as to what's next for $APT from its -12.38% dip earlier. The dip was probably due to the sell offs from the recent token unlocks, which according to Defi Llama, has already finished. I'm highly favoring this 50% Fib level bounce for a reversal now towards the $15 zone. Potential EMA GX here, plus a bullish momentum pickup for the NT. Let's let the HARSI cross again the median and it'll be a solid upward confluence.
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$APT as I started preaching since October 11, I kept an eye on this and my analysis on its bounce after its previous token unlock went smoothly on point. Today will be its 24th token unlock with the approximation of $145M worth of tokens (2.18% of MC). As of the posting, #Aptos has been in the top list of gainers. If the bulls hold on to a potential sell off later, then I expect a high probability of seeing it test the strong resistance zone at $19 price range.
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