Instagram co-founder Kevin Systrom says AI companies are trying too hard to “juice engagement” by pestering their users with follow-up questions, instead of providing actually useful insights. Systrom said the tactics represent “a force that’s hurting us,” comparing them to those used by social media companies to expand aggressively.  “You can see some of these […]
I wanted to share this with you. The image above is a real screenshot of Fortnite featuring Darth Sidious aka the Emperor aka Sheev Palpatine from Star Wars holding an assault rifle. I thought you would want to see this, so I’m sharing it with you.Read more...
It’s been a week, huh? It looks like we’ll be paying a whole lot more for consoles and games as well as reading and watching a whole lot less great gaming journalism, and on top of all that, GTA 6 isn’t even coming out this year! Read more...
Across all of the Star Wars saga we’ve seen a whole lot of Stormtroopers. These armored soldiers are the Empire’s main fighting force and show up in just about every piece of Star Wars media out there, including games, books, comics, and of course movies. But they aren’t all the same. There are many variants of these…Read more...
To date, the crypt has been given a number of positive factors and the basis for a very stormy weekend. Binance monitoring did not give a new assignment of the tag, which was immediately responded to by pivx, which I recommended for work. I think the holidays in China had an impact. In the new rules for assigning the binance tag, it obviously means the first working week of the month. Apparently, the assignment of the tag can be expected from Tuesday with the start of the working week in China. This week, almost all important statistics on the United States came out negative, in addition to last week. For oil, the same picture is for purchases. The combination of these factors sets the stage for an attempt at an annual turnaround of the crypt with disruptions to the tops. It's too early to talk about the consolidation of such a scenario before the second half of the month, but the signal itself for a possible trend for bitcoin at 210k and ether at 5000k+ sets the stage for a bull run on altcoins. Due to this picture, a very stormy weekend is likely ahead, followed by a correction in tag assignment and a new wave of growth in the second half of the coming week. This weekend, first of all, we can expect bull runs on fantokens, which remained the most oversold instruments after another delisting, which makes them extremely attractive to speculators. First of all, I am considering atm city acm asr. Their breakout potential is up to 3-5X, depending on volatility. Among altcoins, bifi fio chess retains a good potential for breakouts of similar pivx. A repeated pulse on pivx can be considered already in the case of the start of a bull run. According to these coins, growth impulses of up to 50-70% are likely. Koma is also in an interesting position on binance alpha, which can show growth up to 0.050-75.
? BTCUSD Chart Analysis & Trade Plan Instrument: BTCUSD Trade Setup: Long Entry Price: $96,900 Take Profit (TP): $103,500 Stop Loss (SL): $93,830 Risk-Reward Ratio (RRR): 2.15 Timeframe Observed: 4H / Daily Time Horizon: 2–4 days Strategy Type: Trend Continuation ? Technical Overview Trend: BTCUSD is exhibiting a bullish continuation pattern, forming higher lows and higher highs on both 4H and Daily charts. Support Levels: Primary: $96,500–$96,900 (current entry zone, previous breakout retest zone) Secondary: $94,800 (key horizontal + Fibonacci retracement support) Resistance Levels: Short-term: $100,800 Medium-term: $103,500 (aligned with Gann and Elliott targets) ? Elliott Wave Analysis Primary Wave Count (4H chart): BTCUSD appears to be in Wave 3 of (3) of a bullish impulse cycle. Wave (2) retracement completed near $96,000 with a sharp ABC correction. Wave (3) projection gives a Fibonacci extension target: 100% of Wave 1 = ~$103,500 — aligning with our TP zone. Subwaves inside Wave 3: Wave i and ii completed. Currently progressing through Wave iii — often the strongest, highest momentum wave. Implication: If Wave iii holds, BTCUSD could accelerate toward $103,500 within the next 48–72 hours. ? W.D. Gann Analysis Gann Fan (drawn from $60,000 low): Price has reclaimed the 1x1 line (balance of time and price) around $96,000. Next resistance lies near the 1x2 Gann angle at ~$103,300–$103,500. Gann Square of 9 levels: $96,800 is a key Gann pivot price. The next natural harmonic level on the Square of 9 lies at $103,500, affirming this zone as a major Gann target. Implication: Gann time/price analysis supports a rally to $103,500 before the next cycle pause. ? Trade Plan Summary Parameter Value Entry $96,900 Take Profit $103,500 Stop Loss $93,830 RRR 2.15 Timeframe 2–4 Days Justification: Entry aligns with Elliott Wave corrective low (Wave 2). Gann angle breakout confirms time/price balance in favor of bulls. Confluence of Fibonacci projections, harmonic levels, and structural support. ⚠️ Risk Notes If BTCUSD fails to hold above the $96,500–$96,000 zone, reevaluation is needed. Global macro factors and ETF flows should be monitored, as they could cause volatility.
The cryptocurrency market is once again crackling with energy, and at the heart of the storm stands Bitcoin (BTC). The world's largest and original cryptocurrency is staging a remarkable comeback, shattering recent resistance levels and reigniting fervent speculation about its potential to not only revisit but decisively conquer the psychologically potent $100,000 milestone. Following a period of consolidation and downward pressure, a powerful surge has propelled Bitcoin to its highest price point in over ten weeks, signaling a potential paradigm shift in market sentiment and trading behavior. The Breakout: Shaking Off Recent Slumber The recent price action has been decisive. Bitcoin climbed as much as 3.1% to achieve a weekly high of $97,483. This marks the most robust price level observed since February 21st, representing a significant break from the sideways and sometimes downward trajectory that characterized parts of the preceding weeks. The memory of Bitcoin crossing the $100,000 threshold on February 7th is still fresh, adding weight to the current push towards that level. This upward momentum provides a stark contrast to the market conditions seen earlier. There is downward pressure attributed to geopolitical factors and economic policies, such as potential tariff implementations, which had previously triggered sell-offs impacting both traditional stock markets and the digital asset space. Furthermore, the market had to digest a significant correction following Bitcoin's earlier peak. While the specifics of past peaks can be debated based on different exchange data, the narrative of a significant pullback followed by the current strong recovery is clear. Bitcoin weathered a period where it seemed momentum might stall, but the bulls have evidently returned with renewed vigor. Shifting Market Dynamics: From Macro-Driven to Momentum-Fueled Perhaps one of the most crucial insights from the current rally is the apparent shift in what's driving price action. For much of the past year or two, Bitcoin's price movements often seemed heavily correlated with macroeconomic factors – inflation data releases, central bank interest rate decisions, geopolitical tensions, and regulatory pronouncements. While these factors undoubtedly still play a role, the current surge suggests a transition towards a market more heavily influenced by internal dynamics: spot market demand and trading momentum. There are traders who are increasingly reacting to price action itself, buying into strength and potentially creating a self-reinforcing cycle. The focus is less on predicting the next Federal Reserve move and more on the immediate supply and demand dynamics visible on exchanges. Bitcoin isn't entirely decoupled from macro trends, but its internal market structure, particularly the influence of new financial instruments like ETFs and strong spot buying, is asserting greater influence on short-to-medium term price discovery. The ETF Factor: Opening the Floodgates for Capital The launch and subsequent success of spot Bitcoin ETFs in the United States have been a game-changer, and their impact is arguably a primary catalyst for the current bullishness. These regulated investment vehicles provide traditional investors and institutions with a familiar and accessible way to gain exposure to Bitcoin without directly holding the underlying asset. The result has been a torrent of new capital flowing into the market. There has been a staggering inflow of over $3.2 billion entering Bitcoin and Ethereum tracking ETFs in the preceding week alone. BlackRock's Bitcoin Trust ETF (IBIT), a major player in the space, recorded nearly $1.5 billion in inflows during that period, marking its highest weekly intake for the year according to Bloomberg data. These inflows are not just numbers on a spreadsheet; they translate directly into buying pressure in the spot market. ETF issuers must purchase actual Bitcoin to back the shares they issue to investors. This sustained, large-scale buying provides a powerful tailwind for the price, absorbing sell orders and driving the market upwards. The success of these ETFs also lends legitimacy to Bitcoin as an asset class, potentially encouraging further adoption and investment from previously hesitant institutional players. The "demand" aspect of the current rally is heavily underpinned by this ongoing ETF phenomenon. Options Market Signals: Betting Big on $100,000 Further evidence of the bullish sentiment surrounding Bitcoin, particularly the $100,000 target, comes from the derivatives market, specifically options trading. Options contracts give traders the right, but not the obligation, to buy (call option) or sell (put option) an asset at a specific price (strike price) before a certain expiration date. According to data from Coinglass and the major crypto options exchange Deribit, demand for upside options has surged. Notably, call options with a $100,000 strike price exhibit the most significant open interest across various expiration dates. Open interest represents the total number of outstanding contracts that have not yet been settled. High open interest in $100k call options indicates that a large number of traders are positioning themselves to profit from Bitcoin reaching or exceeding this level. While options data reflects expectations rather than guarantees, such concentrated betting on a specific upside target underscores the powerful psychological pull of the $100k mark and the conviction held by a significant segment of the market. Warming Up: Reading the Technical and On-Chain Pre-Rally Signals Beyond the ETF flows and options market sentiment, analysts are pointing to various technical and on-chain indicators suggesting Bitcoin is indeed "warming up" for a potentially larger move, exhibiting signals seen before previous major breakouts. This aligns with the theme of "Bitcoin Flashing Pre-Rally Signals Seen Before Major 2024 Breakouts." • Technical Analysis: o Breaking Resistance: The surge above the 10-week high ($97,483) was a critical technical breakout, overcoming a level that had previously capped price advances. Holding above this level turns former resistance into potential support. o Moving Averages: Traders watch moving averages closely. A "Golden Cross" (where a shorter-term moving average, like the 50-day, crosses above a longer-term one, like the 200-day) is often considered a strong long-term bullish signal. While specific configurations vary, bullish alignment of key moving averages often precedes sustained rallies. o Momentum Indicators: Indicators like the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) can signal building momentum. An RSI breaking above key levels without yet reaching extremely overbought territory, or a bullish MACD crossover, can suggest further upside potential. o Volume Confirmation: Crucially, significant price breakouts should ideally be accompanied by strong trading volume, indicating conviction behind the move. Analysts look for volume confirmation to validate the strength of the rally. • On-Chain Analysis: On-chain data provides insights into the behavior of Bitcoin holders and network activity. o Exchange Outflows: Sustained periods where more Bitcoin is withdrawn from exchanges than deposited often suggest investors are moving coins to private wallets for long-term holding ("HODLing"), reducing the immediately available supply for sale. o Accumulation Trends: Metrics tracking the behavior of large holders ("whales") and long-term holders can reveal accumulation patterns. Increased buying from these cohorts is typically seen as bullish. o Supply Dynamics: Indicators looking at the supply held by short-term versus long-term holders, or metrics like the Long-Term Holder Spent Output Profit Ratio (LTH-SOPR), can gauge whether significant profit-taking is occurring that could stall a rally. A low LTH-SOPR might suggest long-term holders are not yet selling aggressively. o Funding Rates: In the perpetual futures market, positive funding rates generally indicate that traders holding long positions are paying those holding short positions, suggesting a bullish bias in the derivatives space. When multiple technical and on-chain indicators align, as some analysts suggest is happening now, it builds a stronger case that the market is preparing for a significant move, lending credence to the "pre-rally signals" narrative. Mapping the Path to $100k and Beyond: Three Potential Scenarios While the current momentum is palpable, the path forward is never certain. Analysts are mapping various possibilities, acknowledging both the bullish potential and the inherent risks. Here are three broad scenarios that could unfold: 1. The Momentum Continuation Scenario: Fueled by continued strong ETF inflows, positive market sentiment amplified by the $100k narrative, and potentially favorable (or at least neutral) macroeconomic developments, Bitcoin continues its ascent relatively unimpeded. It decisively breaks the $100,000 barrier, potentially triggering a wave of Fear Of Missing Out (FOMO) from retail investors and further institutional interest. In this scenario, the market quickly looks towards higher targets, exploring price discovery in uncharted territory above $100k (or above its previous ATH depending on the data source used). Key challenges would be maintaining buying pressure and overcoming psychological resistance levels beyond $100k. 2. The Consolidation and Recharge Scenario: Bitcoin's rally meets significant resistance near or just below the $100,000 level. Profit-taking increases, and early ETF buyers might look to secure gains. Instead of a sharp rejection, the price enters a period of consolidation – trading sideways within a defined range or experiencing a moderate pullback. This phase allows the market to digest recent gains, build a stronger base of support (potentially around the recent breakout level near GETTEX:97K or slightly lower), and allows moving averages to catch up. If support holds and buying demand re-emerges (perhaps triggered by fresh ETF inflows or positive news), this consolidation could form the launchpad for the next sustained leg up towards and beyond $100k. This scenario tests the resilience of the buyers. 3. The Macro Headwind or Correction Scenario: Despite the strong internal dynamics, external factors reassert control. An unexpected negative catalyst emerges – perhaps significantly worse-than-expected inflation data forcing a hawkish central bank response, a major geopolitical escalation, unforeseen regulatory action against crypto, or a sharp downturn in traditional markets triggering widespread risk-off sentiment. Alternatively, the rally could simply run out of steam, hitting a "sell wall" at $100k that overwhelms buying pressure, leading to a sharper correction back towards lower support levels ($90k, $85k, or even lower). This scenario underscores the ever-present volatility and risk in the crypto market, reminding investors that parabolic runs can face abrupt reversals. The Crucial Question: Can BTC Buying Demand Meet the Challenge? Ultimately, whether Bitcoin successfully retests and surpasses $100,000 hinges on the sustainability of the current buying demand. Several factors support continued demand: • Ongoing ETF Flows: As long as institutions and retail investors continue allocating capital to spot Bitcoin ETFs, this provides a consistent source of buying pressure. • Growing Adoption Narrative: Each price surge and new institutional product launch reinforces the narrative of Bitcoin's growing acceptance and potential role as a store of value or portfolio diversifier. • Halving Effect (Long-Term): While the Bitcoin Halving (reduction in new supply issuance) is a past event, its long-term supply-constricting effects are believed by many to contribute to price appreciation over time. • Potential Retail FOMO: A decisive break above $100k could capture mainstream media attention and trigger a wave of buying from retail investors fearing they might miss out on further gains. However, potential headwinds exist: • Profit-Taking: Investors who bought at lower levels, including early ETF participants, may look to lock in substantial profits as the price approaches major milestones. • Regulatory Uncertainty: While ETFs marked progress, the broader regulatory landscape for crypto remains complex and subject to change globally. • Macroeconomic Risks: Inflation, interest rates, and potential recessionary fears haven't disappeared and could resurface to dampen risk appetite. • Market Saturation/Exhaustion: Rallies can lose momentum if buying power becomes exhausted without fresh catalysts. The interplay between these forces will determine if the current buying wave has the strength and endurance to overcome sell pressure and propel Bitcoin into six-figure territory sustainably. Conclusion: A Critical Juncture for Bitcoin Bitcoin stands at a fascinating and potentially pivotal juncture. The recent surge, breaking a 10-week high and pushing towards the $100,000 horizon, is fueled by a powerful combination of factors unlike those seen in previous cycles. The institutional validation and massive capital inflows brought by spot Bitcoin ETFs represent a fundamental shift, seemingly driving a transition towards momentum and spot-demand-based trading. Bullish signals from the options market and various technical/on-chain indicators add fuel to the fire, painting a picture of a market "warming up" for potentially significant further gains. Yet, the path to $100,000 and beyond is fraught with challenges. Market history teaches that parabolic advances often face corrections, and the ever-present risks of macroeconomic shifts and regulatory developments cannot be ignored. The sustainability of the current buying frenzy, particularly the crucial ETF inflows, will be rigorously tested as Bitcoin confronts the immense psychological and technical resistance clustered around the six-figure mark. Whether Bitcoin achieves a swift breakout, undergoes a period of consolidation, or faces a pullback remains to be seen. However, the current price action and underlying market dynamics have undeniably reignited excitement and placed the $100,000 target firmly back in the spotlight, marking a critical chapter in Bitcoin's ongoing evolution within the global financial ecosystem. Investors and observers alike will be watching intently to see if the current surge has the power to meet the demand challenge and etch a new all-time high into the history books. Disclaimer: The information presented in this article is for informational and educational purposes only. It is based on the analysis of the provided source material and general market knowledge. It does not constitute financial advice. Investing in cryptocurrencies involves significant risk, including the potential loss of principal. Readers should conduct their own thorough research and consult with a qualified financial advisor before making any investment decisions.
The continuation of this bullish momentum should keep going. We might have a small retracement soon, but if we do not break structure. Then I see no reason to exit the trade before hitting ATH .
** May 2nd Trade Journal & Stock Market Analysis** EOD accountability report: +821 Sleep: 6 hour, Overall health: :thumbsup: Another great day in the market, Signals worked decent. **Daily Trade recap based on VX Algo System** — 12:50 PM VXAlgo ES X1 Sell Signal :check: — 1:12 PM VXAlgo ES X3 Sell Signal :x: — 3:30 PM Market Structure flipped bearish on VX Algo X3! :check: Next day plan--> Over 5650 = Bullish, Under 5650 = Bearish Video Recaps -->https://www.tradingview.com/u/WallSt007/#published-charts