empty
17.06.2025 09:04 AM
Trading Recommendations for the Cryptocurrency Market on June 17

Bitcoin dropped from $108,700 to $106,000, while Ethereum fell from a high of $2,676 to $2,525 before slightly recovering.

While crypto traders anticipate a sustained bullish trend and a potential retest of all-time highs, recent disclosures show that Donald Trump earned $57.35 million in 2024 from selling World Liberty Financial (WLFI) tokens.

This image is no longer relevant

According to filings, Trump holds 15.75 billion WLFI governance tokens, potentially granting voting power to the honorary co-founder and high-profile crypto advocate. Trump's sons also serve as co-founders of the DeFi project, although they do not hold executive positions.

World Liberty's most recent WLFI token sale concluded in March, raising $550 million from 25% of the total 100 billion token supply. The project has recently focused on launching its USD-backed stablecoin and distributed USD1 tokens to WLFI holders earlier this month.

However, Trump's deep ties with World Liberty have drawn criticism from Democratic senators, who raised concerns about a potential conflict of interest. They warned that business dealings continuing after Trump's return to office may allow personal financial interests to influence U.S. foreign policy. Significant attention has been focused on the company's operations in strategic regions, which could be perceived as attempts to leverage presidential power for commercial gain. The company's investments in politically unstable countries—where U.S. support has been crucial—have also come under scrutiny.

Nevertheless, the U.S. president's involvement in crypto is seen as beneficial for the industry, potentially supporting long-term market growth.

I will continue to rely on buying significant Bitcoin and Ethereum dips, expecting the bullish market structure to persist in the medium term.

As for short-term trading, the strategy and conditions are described below.

This image is no longer relevant

Bitcoin

Buy Scenario

Scenario #1: Buy Bitcoin today at $107,400, targeting a rise to $108,700. Exit at $108,700 and sell on the pullback.

Conditions: The 50-day moving average must be below the current price, and the Awesome Oscillator must be above zero.

Scenario #2: If there is no market reaction to its downward breakout, buy from the lower boundary at $106,600, targeting $107,400 and $108,700.

Sell Scenario

Scenario #1: Sell Bitcoin at $106,600, targeting a drop to $105,600. Exit at $105,600 and buy on the bounce.

Conditions: The 50-day moving average must be above the current price, and the Awesome Oscillator must be below zero.

Scenario #2: If there is no market reaction to its breakout, sell from the upper boundary at $107,400, targeting $106,600 and $105,600.

This image is no longer relevant

Ethereum

Buy Scenario

Scenario #1: Buy Ethereum at $2,602, targeting a rise to $2,667. Exit at $2,667 and sell on the bounce.

Conditions: The 50-day moving average must be below the current price, and the Awesome Oscillator must be above zero.

Scenario #2: If there is no market reaction to its breakout, buy from the lower boundary at $2,571, targeting $2,602 and $2,667.

Sell Scenario

Scenario #1: Sell Ethereum at $2,571, targeting a drop to $2,498. Exit at $2,498 and buy on the bounce.

Conditions: The 50-day moving average must be above the current price, and the Awesome Oscillator must be below zero.

Scenario #2: Sell from the upper boundary at $2,602 if there is no market reaction to its breakout, targeting $2,571 and $2,498.

Miroslaw Bawulski,
Analytical expert of InstaTrade
© 2007-2025
Earn on cryptocurrency rate changes with InstaTrade
Download MetaTrader 4 and open your first trade

Recommended Stories

Crypto market shows extremely low volatility

Bitcoin volatility has dropped to a historic low, while Bitcoin itself is trading within 2% of its all-time high. The lack of willingness to buy at current prices could become

Jakub Novak 13:46 2025-07-09 UTC+2

Crypto market resilient despite dollar volatility

BTC/USD is rising again today after yesterday's dip, overall maintaining its bullish momentum. Fundamentally, conditions continue to support BTC/USD growth in the medium term. The global economic and market landscape

Jurij Tolin 14:14 2025-07-08 UTC+2

Japan's digital bank by Metaplanet

While Bitcoin stubbornly refuses to decline, fueled by massive demand from ETF funds, the Japanese firm Metaplanet is planning to use its Bitcoin reserves to create the first digital bank

Jakub Novak 13:46 2025-07-08 UTC+2

Trading tips for crypto market on July 8

Both Bitcoin and Ethereum remain on a sound footing, poised to continue a bullish trend. As long as BTC continues trading above the $105,000 mark, the odds of further growth

Miroslaw Bawulski 12:16 2025-07-08 UTC+2

Clarity act on digital asset market gains support

Bitcoin and Ethereum have returned to the channels in which they spent most of last week. While Bitcoin has yet to break above the $109,000 mark, the prospects

Jakub Novak 11:00 2025-07-08 UTC+2

Elon Musk's America party advocates for Bitcoin and digital assets

The recently formed political party, America Party led by Elon Musk, will support Bitcoin. This was announced by the Tesla CEO himself on social media. "Fiat is hopeless

Jakub Novak 15:31 2025-07-07 UTC+2

Bitcoin will test its Support.1 after successfully breaking through and closing below the Uptrendline intraday chart, Friday, July 4, 2024.

Bitcoin – Friday, July 4, 2025. With an inflow into the Bitcoin ETF around USD$ 50 billion, it shows strong interest from investors, thus strengthening the legitimacy of this cryptocurrency

Arief Makmur 07:58 2025-07-04 UTC+2

Ripple has the potential to correct and weaken down to the Support level of 2.1924, Friday, July 4, 2025.

Ripple – Friday, July 4, 2025 Friendly regulatory pressure and the case with the SEC that seems to be stopped and open interest in the derivatives market that has jumped

Arief Makmur 07:58 2025-07-04 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 4

Bitcoin has encountered significant resistance around $110,000, and it is unlikely to break through this level easily in the near term. Ethereum is also facing difficulties moving above the $2,600

Miroslaw Bawulski 07:27 2025-07-04 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 3

Bitcoin and Ether have resumed growth, reaching new weekly highs amid favorable macroeconomic conditions. Over the past 24 hours, Bitcoin has risen by 2.5%, trading above $109,000. Ethereum also advanced

Miroslaw Bawulski 08:47 2025-07-03 UTC+2
Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.