‘It Seems Like BTC is Going to Zero?’ Prominent Voices Explain Why Dave Portnoy Is Wrong
🚀 Bitcoin's price has recently dipped below $60,000 for the second time this month, sparking doomsday predictions from figures like Dave Portnoy, who questioned its legitimacy.
💬 Industry leaders, including Jack Mallers, defended Bitcoin's resilience, highlighting its historical ability to bounce back from pessimism and catastrophic events, asserting its value remains strong with a market cap over $1 t...
$BTC SHORT ⚡
Trade Plan:
Entry: 60,200 – 60,600 🎯
SL: 61,500 🛑
TP: 59,000 / 57,500 / 55,800 💰
Why this setup?
BTC is showing weakness after losing short-term support while overall market sentiment remains cautious. Sellers are currently controlling momentum 📉
Chart Reading 👀
• Lower highs forming on intraday structure
• Rejection from resistance zone near 61K
• Volume increasing on downside candles
• Break below 60K could accelerate selling pressure 🚀
Risk Note ⚠️
BTC volatility can spike ...
$XAU LONG ⚡
Trade Plan:
Entry: 3,980 – 4,030 🎯
SL: 3,900 🛑
TP: 4,120 / 4,250 / 4,400 💰
Why this setup?
Gold continues to hold its macro bullish trend and remains a preferred safe-haven asset during uncertainty 📈
Chart Reading 👀
• Strong long-term uptrend remains intact
• Pullbacks continue attracting buyers
• Support zone holding successfully
• Break above recent highs could start another leg higher 🚀
Risk Note ⚠️
Gold reacts strongly to interest rate expectations and macro headlines.
$SYN...
$MU LONG ⚡
Trade Plan:
Entry: 1,200 – 1,235 🎯
SL: 1,120 🛑
TP: 1,320 / 1,420 / 1,550 💰
Why this setup?
MU is displaying strong relative strength while most of the market is correcting. Buyers continue defending higher levels 📈
Chart Reading 👀
• Strong bullish continuation pattern
• Consistent higher highs and higher lows
• Volume supports trend continuation
• Break above recent high could trigger another expansion 🚀
Risk Note ⚠️
Strong performers often experience profit-taking. Scale out gr...
$ETH SHORT ⚡
Trade Plan:
Entry: 1,595 – 1,615 🎯
SL: 1,660 🛑
TP: 1,530 / 1,470 / 1,400 💰
Why this setup?
ETH is underperforming while losing key support levels. Bears currently have momentum advantage 📉
Chart Reading 👀
• Strong rejection from higher resistance levels
• Lower-high pattern remains intact
• Selling volume increasing during pullbacks
• Loss of 1,580 support could trigger further downside 🚀
Risk Note ⚠️
Ethereum often experiences sharp relief bounces. Lock profits at targets.
$S...
BlockBeats News, June 25th, according to LookIntoChain monitoring, a newly created address doubled its position on Aster, buying 3.46 million SYN tokens (worth $1.69 million). In less than 2 days, this position has already increased by around $662,000.