The coin has broken above the descending trendline and has already confirmed a 4-hour close above it. Exchange outflows in $SOL also suggest potential upside momentum.
My targets are $99 and $108. My stop-loss is below $80.
The coin has reclaimed the daily balance and already bounced from it. Iโm expecting a recovery in the near term, with a breakout above the highs and continuation to the upside.
๐ Have you noticed that the amount of crypto leaving exchanges has increased over the past 24 hours? And Iโm not talking about stablecoins.
Whale Alert started posting MUCH MORE messages such as:
โ865 $BTC ($51,771,942) transferred from Coinbase Institutional to unknown wallet.โ
I decided to check whether this observation had any basis, and the data was quite interesting.
๐ Over the last ~24โ36 hours:
โช๏ธ 6,270,364 $SOL (~$445.6M) transferred from Binance to an unknown wallet.
โช๏ธ 1,517 BTC (~$90.4M) transferred from Kraken to an unknown wallet.
โช๏ธ 1,000 BTC (~$59.8M) transferred from Coinbase to an unknown wallet.
โช๏ธ 880 BTC (~$52.5M) transferred from Coinbase Institutional to an unknown wallet.
Then came a series of nearly identical transfers of 865 BTC each from Coinbase Institutional to unknown wallets.
If we add up only the visible BTC withdrawals, weโre looking at at least 7,700 BTC, or roughly $460+ million at current prices.
And thatโs before even including the massive $445 million SOL withdrawal.
๐ค One possible explanation is that large players are operating under the same assumption many of us have: the bottom of the bear market may be getting close.
Could we still see lower prices? Absolutely.
But from a risk-reward perspective, current levels are starting to look attractive for long-term accumulation, especially considering that nobody knows exactly where or when the final bottom will form.
At the same time, a large part of the current selling pressure appears to be coming from crypto ETFs.
The American boomers got scared, convinced themselves they were being scammed, and are dumping IBIT at almost any price.
๐ The reversal may be closer than most people think.
Bitcoin has pulled back into a strong support zone, and Iโm expecting a reaction to the upside from here. Iโve started building a long position. ๐ฅ
๐ Entry: โข $60,000 โ $57,500
๐ฏ Targets: โข $62,000 โข $63,900 โข $65,150
๐ Stop-loss: โข $55,699
As long as support holds, I expect buyers to step back in and push BTC toward our targets. The risk-to-reward setup looks attractive here, so Iโm staying patient and holding the long. ๐
๐ฅ Iโve just found a new setup with the potential for 200โ300% profits on futures.
The trade is already prepared, and Iโve started sending the setup to my private subscribers via direct messages. ๐
I think this one could play out very quickly, so donโt wait too long.
๐ If you want: โข My personal trade guidance โข Exact entry points โข Take-profit targets โข Stop-loss levels โข Full trade management and updates
๐ฉ Send me a โ+โ in DM.
This option is available for those who have supported the channel with tips. ๐
๐ Since our entry, $BEAT has already moved 6% higher.
The setup is playing out exactly as expected, and the bullish thesis has now been confirmed.
๐ฏ My main target remains unchanged: โข $3.00+
Iโm continuing to hold the position and let the trend develop. As long as the structure stays bullish, I believe we still have plenty of upside ahead. ๐