Michael Saylor’s announcement about buying more BTC shook the market, leading to a significant drop. Bitcoin seems to be consolidating in an accumulation zone for now.
Altcoins have seen a 30-40% plunge, clearing out long positions. Exchange funding rates are back to balanced levels, marking a fresh start. ⏸️
The stage is set for the next rally! 🚀 Are you ready for what’s coming? Stay alert! 👀
One of the biggest mistakes people make is using too high leverage and running out of capital. Another common error is not using a stop-loss or not knowing where to set it.
Remember, protect your capital and trade smart! 💡 Always know your risk and set your stops!
Altcoins have returned to the buying prices from two weeks ago after yesterday’s correction. This is the perfect time to buy the dips alongside the whales 🐋🐋
Don’t miss out on these discounted prices! Time to stack up and get ready for the next pump! 📈
The market might be experiencing a dip right now, but don’t panic! It’s all part of the cycle, and it’s likely to recover quickly. Stay calm, stay patient, and keep an eye on the bigger picture. 💪
What’s your strategy during market dips? Let me know! 👇
💰 El Salvador Eyes $3 Trillion Bitcoin Purchase! 🚀
In a bold move, El Salvador is considering buying up to $3 trillion worth of Bitcoin. This massive purchase could potentially shift the global crypto landscape as the country continues to embrace Bitcoin as legal tender.
What do you think? Could this be a game-changer for Bitcoin and the global economy? Let me know your thoughts! 👇
🚫 Microsoft Shareholders Reject Bitcoin Proposal! 💻
In a surprising move, Microsoft shareholders have voted against a proposal to add Bitcoin to the company’s balance sheet. Despite growing interest in crypto adoption by major corporations, Microsoft won't be following in the footsteps of other companies like Tesla or MicroStrategy in holding Bitcoin as a treasury asset.
What do you think? Did Microsoft make the right call or miss an opportunity? Let me know your thoughts! 👇
🚀 Jetking Stock Jumps 20% After Bitcoin Purchase Announcement! 💎
Jetking Infotrain, an Indian IT company, has made waves by announcing that it has added Bitcoin to its treasury, becoming the first public company in India to do so. Following the announcement, Jetking's stock surged by 20%, reflecting positive market sentiment around their new Bitcoin strategy.
📈 This move has led to Jetking now holding around 12 BTC (~$1.2 million). What do you think about companies adopting Bitcoin as a treasury asset? Let me know your thoughts! 👇
A "clear target" in trading is essentially a context zone that helps define high-probability conditions.
Why does it take time for high-probability conditions to form?
Take a weekly FVG (Fair Value Gap) as an example: it typically takes three candles to form. One for expansion, and possibly two for consolidation. 33% of this weekly FVG is the high-probability condition represented by the expansion candle. When a new FVG forms, it creates a new context zone. From this zone, price can continue moving higher, especially when there’s the right level of volatility. This is the kind of setup that makes for a strong trading week.
Key Insight:
This doesn’t just happen with one currency pair; it applies to a group of pairs. For instance, when one pair moves, others within the same group tend to follow, creating a period of high probability across multiple instruments. As the saying goes, "when it rains, it pours." The Takeaway: Knowing when to expect these high-probability weeks is critical for success. And with that, mastering time management becomes one of the most important skills you can develop as a trader. 📊⏰
This is probably one of the most frustrating cycles in trading, but I'm here to help you break out of it:
Here’s the cycle:
A high probability week with great opportunities comes up, but you miss it. FOMO (Fear of Missing Out) kicks in, and you're determined to make up for it next week. The next week turns out to be low probability, but you start looking for trades anyway, making it harder to succeed. This cycle keeps repeating itself. Why missing a good week is so bad:
Patience is not rewarded, making you feel like your efforts aren’t working. You won’t have a "safety net" for low probability weeks, meaning you’ll feel more pressure to trade and less able to wait for the right opportunities. The Solution? You need to use good weeks wisely. When a good week comes around, take full advantage of it so you don't feel pressured the following week.
What is a “Good Week”?
Focus on groups of correlated instruments (e.g., JPY pairs, EUR, metals) rather than individual pairs. High probability conditions mean fast price moves with clear targets. Low probability conditions mean sideways movement or consolidation. When do fast moves happen?
When there's volatility and a clear target. Time Management is Key:
Low probability conditions seem to drag on, while high probability conditions happen fast. Use an economic calendar to know when volatility is likely to pick up. Weeks 2 and 3 of the month often aren’t great due to events like NFP, CPI, and FOMC, while Weeks 1, 4, and 5 (if there is one) usually offer better opportunities. Bottom Line: Mastering the timing of good weeks is one of the key skills of a trader. Understanding when to expect high-probability weeks will help you avoid the cycle of missing opportunities and make better trades.
💳 Ukrainian Banks Sign Memorandum on Card Transfer Restrictions
The largest Ukrainian banks, including PrivatBank, monobank, Oschadbank, Raiffeisen Bank, OTP Bank, PUMB, TAScombank, Pravex Bank, as well as NABU and the Association of Ukrainian Banks, have introduced new restrictions on card transfers:
▫️ For high-risk clients: – Limit of UAH 50,000 (around $1,365) per month for all transfers, including card-to-card transfers and IBAN details.
▫️ For medium and low-risk clients: – From January 1, 2025, the limit will be UAH 150,000 (around $4,095) per month. – From June 1, 2025, the limit will be reduced to UAH 100,000 (around $2,730) per month.
This move is aimed at tightening financial controls and security. How will this impact transactions in Ukraine? 🤔
🌍 USDT Recognized as a Digital Asset in Abu Dhabi!
Tether (USDT), the largest company in the digital asset space, has officially been recognized by the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. This approval allows licensed operators in the region to offer USDT-related services.
This marks a significant step forward in advancing Abu Dhabi’s leadership in digital asset innovation, paving the way for more adoption in the global market! 🚀
How do you think this will impact the crypto landscape in the region? 🤔
💸 Top 10 S&P 500 Companies Spend $41.6M Annually to Protect Their CEOs
The annual cost of CEO protection for the top 10 S&P 500 companies totals around $41.6 million. Meta Platforms takes the lead, spending a massive $23 million per year on security for CEO Mark Zuckerberg. This includes everything from physical security to surveillance systems and travel protection.
In comparison, the top 10 companies combined spend $17 million—less than Zuckerberg’s single security budget!
Is this an excessive cost for protection, or a necessary measure in today’s world? 🤔
🚀 Jetking Infotrain Becomes the First Public Company in India to Adopt Bitcoin as a Reserve Asset
In a groundbreaking move, Jetking Infotrain, an Indian IT company, has become the first publicly listed company in India to adopt Bitcoin as part of its treasury strategy. The company has purchased 12 BTC, totaling approximately $1.2 million. Since announcing its Bitcoin strategy, Jetking shares have surged by 20%.
This move highlights the growing trend of companies worldwide incorporating Bitcoin into their financial strategies as a hedge against inflation and currency volatility.
Could this spark a trend among other Indian companies? 🤔
📊 Glassnode's New Metric: Cost Basis Distribution (CBD) for $BTC
A new metric from Glassnode, Cost Basis Distribution (CBD), highlights key Bitcoin price levels where significant trading supply is concentrated.
Here’s the breakdown:
$99,559 is the largest accumulation zone with 125K BTC. $96K-$98K is a potential short-term support level, holding 120K BTC. $101,669 is an area to watch, with 44K BTC. Currently, the market is in a sideways movement within the $96K-$102K range, possibly accumulating liquidity for future price action. Will the market hold these levels? Let’s watch closely!
WhiteBIT has teamed up with Visa to introduce the "WhiteBIT Nova" debit card, allowing users to make purchases with cryptocurrencies and earn cashback. The card supports popular assets like BTC, ETH, USDC, XRP, SOL, ADA, AVAX, and DOGE.
Fully integrated with Apple Pay, it ensures secure and convenient transactions.
How do you feel about using crypto for everyday payments? Let me know your thoughts!