WHY IS BITCOIN DUMPING?
 
TODAY BITCOIN DUMPED BELOW
$61,000, CAUSING OVER $260
MILLION IN LONG LIQUIDATIONS 
 
HERE'S WHY BTC DUMPED
 
1) UNEMPLOYMENT RATE RISING
 
- YESTERDAY, THE US UNEMPLOYMENT RATE CAME AT 4.3% WHICH WAS HIGHER THAN EXPECTED 
 
- HIGH UNEMPLOYMENT INDICATES THAT THE US ECONOMY COULD BE HEADED TOWARDS RECESSION, WHICH CAUSED THE STOCK MARKET CRASH ALONG WITH CRYPTO
 
2) JAPANESE YEN STRENGTHENING 
 
- BOJ (BANK OF JAPAN) RAISED THE INTEREST RATE FOR THE FIRST TIME IN 17 YEARS
 
- THIS IS CAUSING THE INVESTORS TO PULL THEIR MONEY OUT OF THE US EQUITIES AND OTHER RISK-ON ASSETS 
 
- THE REASON IS THAT BEFORE THE INTEREST RATE RISE, IT COSTED NOTHING TO BORROW YEN, BUT NOW IT DOES
 
3) WWIII FEAR
 
- FOR THE 5TH TIME IN 2024, THERE'S FEAR OF WWIII
 
- DURING TIMES OF UNCERTAINTY, INVESTORS CHOOSE NOT TO HOLD RISK-ON ASSETS, WHICH IS CAUSING THE DUMP
 
4) MT. GOX AND GENESIS DISTRIBUTION 
 
- MT. GOX BTC DISTRIBUTION IS NEARING AN END, BUT NOW GENESIS DISTRIBUTION HAS STARTED 
 
- YESTERDAY, THEY SENT OVER $1B WORTH OF BTC WHICH MARKET SENSED AS AN UPCOMING DUMP
 
IMO, ALL OF THESE EVENTS WILL PUSH THE FED TO ACT FASTER AND RATE CUTS WILL START.
 
ONCE THE FEAR CALMS DOWN MARKET WILL REBOUND AND THE PARABOLIC RUN WILL BEGIN 🔥

MARKET ONLY NEEDS 3 MONTHS TO SEND EVERYTHING.#US_Job_Market_Slowdown #BinanceHODLerBANANA #HamsterKombat #MtGoxJulyRepayments
$ETH

GLOBAL LIQUIDITY IS ENTERING THE
PERIOD OF PARABOLIC GROWTH.

THIS PERFECTLY COINCIDES WITH
BTC PARABOLIC RUN.

THIS IS GIGA BULLISH 🔥#ETH_ETFs_Trading_Today #HamsterKombat #US_Job_Market_Slowdown #Bitcoin_Coneference_2024 #BinanceHODLerBANANA

😴 The Market's a Snoozefest, But Don't Hit the Snooze Button! 😴

Yeah, the crypto market's as exciting as watching paint dry right now. 🥱 But hey, even superheroes need a nap before saving the world, right? 💪 They say this is the calm before the crypto storm – the epic bull run we've all been waiting for! 🌩️

So, while we wait for the fireworks, here are 3 things you can do to prep for the coming storm:

Stay Woke: My Twitter feed is your secret weapon against FOMO. 😉 Follow me for juicy market insights, spicy memes, and the latest alpha to keep you ahead of the game. 🧠

Roll with the Punches: Remember, crypto's a wild ride. 🎢 Last bull run, the Top 20 got a major makeover. New narratives, new players, same ol' Bitcoin still ruling the roost. 👑 Ethereum's not going anywhere either. These two titans are locked in an epic battle for the ages. 🥊

Check Your Crypto Closet: Time for a wardrobe change! 👗 Are your altcoins still on-trend for this cycle? Hottest looks this season: #DePIN, #RWA, #AI, #LSD, #L2. 💅

Personal Pep Talk:

Don't let boredom dull your sparkle! ✨ Keep learning, keep growing, and keep your eyes on the prize. The crypto world might be yawning right now, but it's about to wake up with a BANG! 💥

Stay tuned for more alpha and remember, fortune favors the bold! 😎#ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #MtGoxJulyRepayments #TechnicalAnalysis_Tickeron
$ETH

Bitcoin's Summer Slump? Not So Fast! 📈

The crypto world is buzzing with Ethereum's ETF debut, but don't count Bitcoin out just yet! 💪 While recent price dips might have some investors sweating, savvy traders are eyeing this as a potential accumulation zone. 👀

Here's why Bitcoin is STILL the king:

👑 Limited Supply: With only 21 million bitcoins ever to be mined, scarcity is Bitcoin's superpower.
🌐 Institutional Adoption: Major financial players are still stacking sats, signaling long-term confidence in Bitcoin's value.
🌍 Global Recognition: Bitcoin is the most recognized and widely accepted cryptocurrency worldwide, making it a safe haven asset for many.
#ETH_ETFs_Trading_Today #BinanceHODLerBANANA #SOFR_Spike #ETH_ETFs_Approval_Predictions $BTC
$ETH
$BNB

🚀 Ethereum's ETF Era: A New Dawn for Crypto? 🚀

The SEC's recent approval of Ethereum ETFs has sent shockwaves through the crypto world! 🌊 While initial price dips have raised eyebrows, many experts see this as a golden opportunity for long-term growth. 📈

✅️Institutional Money Inflow: Expect a flood of institutional investment into ETH, potentially driving its price to new all-time highs. 💰

✅️Mainstream Adoption: ETFs make ETH more accessible to the average investor, paving the way for greater adoption and increased demand. 🌎

✅️DeFi Revolution: Ethereum's dominance in the DeFi space is set to soar, unlocking new possibilities for financial innovation. 💡

But remember, the crypto market is a rollercoaster 🎢. Always DYOR (Do Your Own Research) and invest wisely! 🧐

#EthereumETF #ETH #Crypto #DeFi #Binance #ToTheMoon

Is this the beginning of a new bull run for Ethereum? 🐂 Share your thoughts below! 👇
#Bitcoin_Coneference_2024 #ETH_ETFs_Trading_Today #solonapumping #BinanceTurns7 #ETH_ETFs_Approval_Predictions
$ETH
$SOL
$BNB

Bitcoin Monthly Pump Is Loading 🔥

This Is The Longest Bitcoin Has Ever
Consolidated Before A Parabolic All-
Time High.

The Current 5 Monthly Candles Are
Forming A Big Bullish Flag

Bitcoin Will Melt Faces In Q3 & Q4.
#BTC☀
#ETHETFsApproved
#ETH_ETFs_Trading_Today $BTC
$ETH

24th July Crypto Market Update 🚨

Bitcoin whales 🐳 splashed $23B in July, while #Ethereum ETFs launched amidst uncertainty. But $ETH dips 7.5%, and #Nvidia's in the red.📉Top Movers:🚀 #STMX, #BETA, #1000SATS are up!🔻 $ETH , $BNB, $SOL, $DOGE take a hit.Is this a buying opportunity or a sign of more volatility? 🤔 Keep an eye on those #Bitcoin whales! 👀
#BTC #ETH #ETF #marketupdate #trading
$BTC
$ETH

WHY IS #BITCOIN AND CRYPTO
CRASHING?
 
IN THE PAST 12 HOURS, BTC AND
CRYPTO HAVE LOST OVER $100
BILLION IN MARKET CAP
 
HERE'S WHY THIS HAPPENED 👇
 
AS WE KNOW, THE CRYPTO MARKET
IS HIGHLY CORRELATED WITH THE
STOCKS MARKET 
 
IN THE PAST 2 DAYS, ALPHABET AND
TESLA REPORTED THEIR QUARTER
EARNINGS. 
 
ALPHABET MISSED YOUTUBE AD REVENUE EXPECTATIONS WHILE TESLA REPORTED FALLING PROFITS
 
THIS CAUSED A DUMP ON BOTH ALPHABET AND TESLA, WHICH RESULTED IN THE S&P 500 AND NASDAQ'S BIGGEST DUMP SINCE SEPTEMBER 2022.
 
THE 7 LARGEST COMPANIES LOST $500 BILLION IN MARKET CAP, WHILE THE ENTIRE US STOCK MARKET LOST $1.1 TRILLION.

BUT THERE'S SOMETHING ELSE TOO

BITSTAMP WILL START DISTRIBUTING MT. GOX BTC FROM TODAY

IT IS EXPECTED THAT THEY'LL DISTRIBUTE OVER 35K BTC WORTH $2.25 BILLION

THE MARKET USUALLY TRY TO PRICE IN THESE DUMPS, SO BTC DIPPED BELOW $64K

ETH DUMPED 4X MORE THAN BTC, AS IT ALSO EXPERIENCED A HUGE OUTFLOW.
 
IMO, THIS IS JUST A TEMPORARY DIP, AND THE MARKET WILL RECOVER SOON.
 
SO, DON'T PANIC AND HODL TIGHT
#BTC☀
#ETH_ETFs_Trading_Today
#ETHETFsApproved
#solonapumping
$BTC
$ETH
$SOL

Master the Art of Timing the Market!

Ever wondered why the market often seems to do the opposite of what you expect? Why does it pump when you think it's about to dump, and dump when you think it's about to pump? The answer is simple.

It’s market cycles.

The market moves in cycles, and recognizing these can give you an edge. Whether it's the hype of a bull run or the despair of a bear market, cycles dictate the flow.

This is why understanding market phases is critical.

FOMO (Fear of Missing Out) and FUD (Fear, Uncertainty, Doubt) are powerful forces. FOMO drives prices up, and FUD drives them down. Knowing when to buy and sell amidst these emotions is key.

So, how do you navigate these cycles? One effective way is through technical analysis. Study past trends, and patterns, and use indicators to predict future movements.

Keep an eye on volume, market sentiment, and historical data. Recognizing the signs of a cycle shift can help you make informed decisions.

Avoid making impulsive decisions based on emotions.

When everyone is euphoric, it’s often a signal to take profits.

When everyone is panicking, it’s often a signal to accumulate.

#Crypto #BTC #TechnicalAnalysis #FOMO #FUD #TimingTheMarket #StayInformed

WHY IS BITCOIN DUMPING?
 
BTC recently dropped below $61,000,
making a new monthly low of $60.5K
 
Here are some of the major reasons
behind this BTC dump 👇
 
1) Mt. Gox distribution 
 
Just a few hours ago, Bloomberg
reported that Mt. Gox had announced
plans to distribute 143K BTC to its
creditors starting in July.
 
This will add huge selling pressure on
BTC, and that's why the market is
dumping in panic. 
 
2) Miners selling
 
In the month of June, miners selling
reached a yearly high. 
 
Miners sold around 30K worth $1.8B
in the first 3 weeks. 
 
3) Huge ETF outflows 
 
Since June 15, Bitcoin ETFs have
experienced nearly $1B in outflows. 
 
It has experienced seven consecutive
trading days of outflow, and it still
seems like there could be more to
come.
 
4) The German government dump 
 
Beside miners and ETFs, the German
government is also selling BTC.
 
It has sold over $200M worth of BTC
and still holds over $2.8B worth of it.
 
All of this has caused spot selling
along with massive forced
liquidations. 
 
In the long run, #BTC is still going to
$100K+, and you need to HODL your
bags; otherwise, you'll always buy high
and sell low.