​​NEW BTC UPDATE

Bitcoin price has broken the most important $10070 resistance and fixed above. Now we are in the consolidation phase: bulls are reopening their longs.

As long as we stay above $10070, the priority is upward and the first target is $10500. Next global targets are $11000 and $14000.

@CryptoWorldTina #BTC

​​WAN — Another chinese project you need to pay attention 📈

@CryptoWorldTina #WAN

​​Bitcoin price has dropped from 10,4k to $9.4k during several minutes. The most interesting moves were on trading platforms that offer BTC futures. Comparing the lowest levels on BTC Futures platforms during first minutes of the dump.

@CryptoWorldTina

⁠Nike Unlocks up to 3% in Crypto Rewards with Plutus Partnership

The U.S. footwear giant Nike entered a new affiliate partnership allowing customers to earn up to 3% from online purchases with crypto.

​​Not only bears were rekt today. Almost 100 million dollars of LONG liquidations on Bitmex exchange 📊

@CryptoWorldTina

​​Multiple significant $BTC inflows from Binance and BitMEX a few hours before the dip

@CryptoWorldTina

​​$LTO +50%

@CryptoWorldTina

​​#XLM

Reached the second target. Closed a bigger part there with +10% profit. A small part of the initial position is on hold.

@CryptoWorldTina

​​Tomorrow is the day of mining difficulty recalculation. According to statistics, the difficulty rate will lose almost 11%! It means that miners revenue will jump up to pre-halving value with the BTC price below $10k.

I just want to remind you that last time recalculation occurred on Wednesday, 20th of May. Few hours later a huge 1000$ dump started. That time the rate lost only 6%, almost twice less than tomorrow.

@CryptoWorldTina

​​LTO Network has burned 50M LTO from the foundation allocation or 11% of total supply. According to the recent blog post the total supply has forever been reduced to below 404M LTO. LTO have a fixed token supply but in upcoming token economics upgrade, the asset might actually become deflationary.

@CryptoWorldTina

​​ETH

Besides the fact that Bitcoin ruined the setups on many altcoins, $ETH in part with $BTC stays strong and at the moment going to breakout through the resistance of the descending channel!

@CryptoWorldTina

​​The renewable energy services provider has won approval from the French financial markets regulator to raise funding through a public token offering, or ICO.

@CryptoWorldTina

​​Top 20 most discussed cryptocurrencies in Twitter in May 2020. In the chart below you can find % of mentioning of each coin from top 150 list in Twitter in May. ZIL, MATIC and ICX are among the coins with the highest growth in mentioning compared to April.

@CryptoWorldTina

​​$OST +17,6% profits

@CryptoWorldTina

​​Keep an eye on LUN. Moves in an uptrend at smaller timeframes and showing signs of reversal from downtrend at higher timeframes.

Short term: Will be testing minor 945 resistance and might pullback to 915-925 support, which will be a nice chance to enter. Then grow to ~1000.

Mid/Long term: Will be consolidating between 770 - 900. Main resistance at ~1111. Growing above will start the move with final target at 3900 resistance.

@CryptoWorldTina #LUN

​​See more @CryptoWorldTina 📊

​​Altcoins Index chart update 📈

Alts index chart has the same pattern as Ethereum (potential head and shoulders). So we either expect it to bounce from ~550-555 support, or dump lower to 540 / 525. I suggest to set long orders there and wait. Sell at resistance. Lower long zones will be invalidated in case of index growth above 590 again.

Support 562 / 550 / 542 / 538 / 527
Resistance 580 / 585 / 590 / 600

@CryptoWorldTina

​​Significant Outflow From BTC Miners Might Be a Reason For Recent Dips

According to CryptoQuant, prior to the Bitcoin drop from $10,200 to $9,260, an unknown mining pool moved a huge amount of BTC.

Total Bitcoin outflow during June 2 was 4513 BTC or about $45M.
It seems like the pool wanted to liquidate mined Bitcoins at a local price high.

The similar outflow occurred on May 20, the dip from $9,800 to $8,800, but it was even bigger 6,767 BTC

@CryptoWorldTina

​​A self-custodial exchange DeversiFi (former Ethfinex) relaunched on June 3. DeversiFi 2.0 was built using the StarkWare Layer-2 scaling engine, and optimised using ZK-STARKs and zkRoll-up technology. The exchange is aiming to attract professional traders looking for self-custodial exchange. Nectar (NEC) will remain a native token of the platform. Up to 50% of DeversiFi trading fee revenue will be used to buy back and burn Nectar tokens.

@CryptoWorldTina

​​Bitcoin Dominance - ALT Bullish scenario is playing well and bounced off it support line. However, ALT looks like continuation of upward trend despite bitcoin is highly volatile.

Let's see if there is a breakdown or reversal.

@CryptoWorldTina