I just opened a long futures contract on Solana at a rate of 183, with a leverage of x3 on $2500...

Just wanted to share this)))

#ToTheMoon🌕✨

Valkyrie CIO Stephen McClurg:

“My Bitcoin price forecast for 2024 is $150,000.”

⚡The Fed left the base interest rate unchanged: 5.25-5.5%

Trend reversal possible

​​​​​In 1 hour - speech by the head of the Federal Reserve System.

With a greater degree of probability (already 98% according to forecasts), the rate will be left at the same level of 5.50%. Experts believe that the Fed is one step closer to the first rate cut... in general, everything is going according to plan.

📈 According to trading metrics, bullish sentiment prevails in the market: 69% of traders bet on long, 31% on short BTC. I advise you not to trade with BIG shoulders today / or just take a rest: nerves are more expensive..

There are no special surprises expected, but you can feel the tension in the movement of the cue ball; I don’t think there will be sharp downward squeezes - but I keep the stables on hand: in case they come in handy for buying back coins for speculation)

If BTC turns back to $75,000, we will see $8 billion in liquidations in total.

Meanwhile, MicroStrategy bought an additional 9,245 bitcoins for $623 million.

Ladies and gentlemen, everyone has seen a lot of examples of how some traders made hundreds of X's on meme tokens. BUT! Here's a reverse example.

An unknown trader lost $150,000 in three days by trading 11 stitches on the Solana blockchain - each time the user bought at the peak and sold at a loss.

Usually 95% of people just lose their funds in an attempt to get into some kind of meme token. But, just like in casinos, they don’t like to talk about such things..

DYOR

Ladies and gentlemen, it's already Monday. I assume that a trend reversal is possible today.. Why?

In recent days, the pressure on Bitcoin has been enormous. Only on March 16, $750 million worth of bitcoins were withdrawn from exchanges. But the market is still dominated by greed, almost extreme (77 points).

And we have a new support level at $66.6K. People stopped selling. The inflow of funds from an ETF can be significantly greater than the outflow.

Summary: the correction seemed logical, but it is definitely not as deep as they are shouting.. Fluctuations are still possible, but “BTS at 50k” and so on sounds absurd, because there are no prerequisites. On the eve we have halving, the likely imminent approval of the ETH ETF, and the American economy is in a sad phase..

Ladies and gentlemen, accumulate assets, average prices, and under no circumstances listen to your mother’s traders.

DYOR

My personal forecast... and favorite cryptocurrencies.

Without a boring opening speech:

1. Bitcoin.
I don't take Bitcoin myself. In purpose it resembles gold..

Bitcoin capitalization is under one and a half trillion. Huge numbers
If it can be used to make x2 in the next 1.5-2 years, that’s not bad.

2. Ether.
Bitcoin is a technology from the same era as CD players.
But Ether is more like an iPhone.
Almost all major innovation comes from the ether. And already projects like Solana do it “better and cheaper.”

It may well reach 10-13K over the next 1.5-2 years. If you don’t have time for crypto at all, but want something according to the “buy it and forget it for a while” principle, this is a great option.

3. Altcoins.
Half a trillion dollars that came into Bitcoin will partially flow into altcoins. It has always been this way.

Plus 10-15K to the price of Bitcoin is already thousands of percent on new coins and hundreds on some major alts..

My personal favorites that I always keep in my portfolio:
-Link
-Vet
-Arb
- Xrp (no matter what they say, there is potential)
-ICP
-IOTA
-FET
-Strax

Everything I wanted to say).

I decided to share some interesting statistics regarding Bitcoin distribution:

More than 57% of the supply is in the hands of ordinary investors. 5.2% are completely lost (or considered so).

Miners own 3.4%, Satoshi 5.2%, funds 3.9%, governments 2.7%, enterprises 3.6%.

We have come to a very interesting moment: the BTS correction after 73.7K. It is expected that this night there will also be an attack by bears, it will be a difficult night... But no matter what happens, we continue to have a positive trend... Another 5-7% correction is a very good time to buy, to average the entry price...

I advise everyone to focus on Ethereum... The new update is designed to improve scalability, which is the main problem in the Ethereum ecosystem at the moment... Which is also the reason for the growth of Solana, since the Ethereum network has now become more expensive