MCO Global

The best traders don’t chase profits; they let profits come to them.

$BTC: The price has nearly reached the $73,500 - $74,500 price target range we have been focused on in recent weeks. Micro support is now located between $69,663 and $70,383. #Bitcoin #ElliottWave

$SOL: Wave iii should still reach $208+. The main question is if the internal wave (4) already completed. To confirm this further, the price must break above the red trend line and reach $196.61 next. It is also important that the price stays above $159.60 to keep the white micro structure alive. A break below this level would still allow for a test of $155.85 or $150.83 in a wider wave (4) as per the yellow scenario. #Solana #SOL #ElliottWave

In trading, as in life, the need to predict everything can limit your potential. Embrace the unknown, and new opportunities will reveal themselves.

$BTC: The price is still keeping the white scenario alive, but the higher low is unlikely to hold. #Bitcoin #ElliottWave

Trading is about riding the waves, not fighting them. Every market dip carries a message: patience now, prosperity later. Embrace the ebb and flow. - #mindsetcoach #technicalanalysis #cryptomarket #elliottwave #mindset #moneymanagement #cryptoinvestor #financetips #financialfreedom #cryptoworld #trading #mindsetmatters #tradingtips

$LINK: A break above $12.05 is needed to invalidate the yellow 1-2 setup to the downside. Overall the price has only been moving sideways since August. The yellow micro structure seems to be leading at the moment, but this can change quickly in this sideways range. #Chainlink

📢 MCO News Wave 🌊 Bitcoin ETFs are nearing a major milestone, set to hold close to 1 million BTC, rivaling the amount held by Bitcoin’s creator, Satoshi Nakamoto. This surge is driven by institutional investors and highlights the growing acceptance of Bitcoin within traditional finance. Major ETFs like BlackRock's iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Trust have contributed to this substantial accumulation, with the trend showing no signs of slowing. Analysts believe that as ETFs continue to expand their BTC holdings, they could shape the future volatility and liquidity of the market, potentially stabilizing Bitcoin as it gains further traction in the mainstream. However, some warn that this large-scale accumulation might not prevent new dips or market crashes. How do you think this will shape Bitcoin's price trends moving forward? #Bitcoin #BTC

$BTC: Yesterday's swing low should help us to distinguish between the blue and white scenarios. Should the price form a decisive break below yesterday's low, I assume that wave c in blue to the downside has started. At the moment the price has shown a reaction to the 61.8% retracement in the resistance zone. #Bitcoin

$ETH: The price has broken micro support and it looks as if the yellow scenario is unfolding. $2,155 is the next structural support level. As long as this level holds the price could form a larger wave iii in white as shown on the chart, but this scenario needs to prove itself first. #Ethereum #ETH #ElliottWave