Trendfrenz
38 posts


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🚨 CMC News: Investment firms specializing in Bitcoin are positioning themselves to lead the way in the push toward a potential global shift in currency systems.
coinmarketcap.com/academy/articl…
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#Bitcoin is really simple.
There is really not much you need to know to become wealthy.
All it takes are 2 Moving averages.
The 200 day SMA (yellow) is for (moderate) buying dips/corrections during bull markets.
The 200 week SMA (red) is for strong buys and usually marks the bear market bottom.
Simple as that. Rest is HODL.
Not financial advice

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STRATEGIC RESERVES ERA BEGINS
MARKET OVERVIEW
• $btc trading at 80.7k after dropping from 90k, largest weekly correction of -13.5k
• fear & greed at extreme fear (20) despite institutional moves
• currently sitting -26% from 108.7k ath
• 616m in liquidations on march 6
• etf outflows hit 2.62b this week
SOVEREIGN GAME THEORY
• trump executive order establishes strategic bitcoin reserve with 200k btc
• texas passes 500m annual btc buying mandate
• 33 states moving forward with bitcoin reserve legislation
• treasury and commerce departments officially committing to btc reserves
• institutional stack growing while spot reserves shift to sovereign hands
TECHNICAL SETUP
• key support zone at 75-76k matches saylor's average entry around 66.3k
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@CryptoLewisBull $80k isnt bottom
liquidation data points to $72-75k range
we're looking at standard 30-35% correction from jan ath. strong technical support at $75k with major options interest
el salvador adding btc but institutional flows mixed
expect more pain before consolidation
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Waiting for the new headline: #Bitcoin "CRASHES" from $1,001,000 to $985,000.
Save the tweet.
CZ 🔶 BNB@cz_binance
Waiting for the new headline: #Bitcoin "CRASHES" from $101,000 to $85,000. Save the tweet.
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In April, the SEC issued a Wells notice claiming that Uniswap Labs operated as an unregistered broker, operated an exchange, and issued an unregistered security
As of yesterday, that investigation has officially been closed, and the SEC is taking no enforcement action
This is a huge win for DeFi and reaffirms what we’ve always known – that the technology we build is on the right side of the law, and our work is on the right side of history 🦄
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