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The market price is always a reflection of the asset value at that time taking into account all aspects including potential future value. So the current value of BTC has baked into it the expectation that it will go to 150000 and all other high hopes that people have for BTC! As soon as people start to stop believing, the price will adjust downwards accordingly.Question is, how long will people continue to believe in 150000 Bitcoin in the short to medium term against bonafide indicators of overvaluation? The BTC chart below with bands and RSI incase you missed it👇
#BTC #treesdontgrowtothesky #BullorBear #Megadrop
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tomorrow fed report will be bad news! going to $50.000 📉 #Fed #bear #news $BTC
tomorrow fed report will be bad news!
going to $50.000 📉
#Fed #bear #news $BTC
a great number of #bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin #bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market.
a great number of #bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin #bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market.
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$BTC Urgent 4H Chart Analysis, Update Part 3!!! I got some bad news for you, read to find out more! We are in the post-Bitcoin halving period, so technical analyses doesn't always play out as expected. Anything can happen! The Original Analysis: Bitcoin finds support at 61k, breaks to the upside of falling wedge and rises to 68k Update Part 1: Exactly as predicted, Bitcoin has found support at 61k and is right now consolidating at this level. Now we are waiting for a solid confirmation and a new test of breaking to the upside of this falling wedge. Update Part 2 (See linked post): Exactly as predicted, Bitcoin broke to the upside of this falling wedge and has now also confirmed it by gaining support from the upper trendline! § Now we are waiting for it to rise to this predicted 68k level. Update Part 3: Not exactly as predicted, Bitcoin reached 65k instead of predicted 68k. Marked with blue trend lines on the attached image, you can see that it has formed bearish rising wedge. MACD and VOL is decreasing, so we could assume this is going to break to the downside and Bitcoin will visit 59K and possibly lower levels in the upcoming days. #bitcoinhalving #BEARISH📉#bear #bitcoin
$BTC Urgent 4H Chart Analysis, Update Part 3!!!
I got some bad news for you, read to find out more!
We are in the post-Bitcoin halving period, so technical analyses doesn't always play out as expected. Anything can happen!
The Original Analysis:
Bitcoin finds support at 61k, breaks to the upside of falling wedge and rises to 68k

Update Part 1:
Exactly as predicted, Bitcoin has found support at 61k and is right now consolidating at this level.
Now we are waiting for a solid confirmation and a new test of breaking to the upside of this falling wedge.

Update Part 2 (See linked post):
Exactly as predicted, Bitcoin broke to the upside of this falling wedge and has now also confirmed it by gaining support from the upper trendline! §
Now we are waiting for it to rise to this predicted
68k level.

Update Part 3:
Not exactly as predicted, Bitcoin reached 65k instead of predicted 68k. Marked with blue trend lines on the attached image, you can see that it has formed bearish rising wedge. MACD and VOL is decreasing, so we could assume this is going to break to the downside and Bitcoin will visit 59K and possibly lower levels in the upcoming days.
#bitcoinhalving #BEARISH📉#bear #bitcoin
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Scrammuci Believes Bitcoin Bear Market Is Gone
As a result of bitcoin’s strong start to the year 2023, the founder of SkyBridge Capital, Anthony Scaramucci, believes that we’re over the bear market. He also has expressed confidence in the crypto investments of his business.

During an interview on April 6, 2018, with Yahoo Finance, Scaramucci observed bitcoin’s (BTC) performance stating that over longer periods, bitcoin has consistently outperformed every other asset class: 

“Each time that you’ve held Bitcoin in a four-year rolling period, which means that you can select any day and keep it for the next four years, you’ve beaten every other asset class.”

Founder of SkyBridge Capital Anthony Scaramucci

Bitcoin price analysis

The value of bitcoin has increased by about 70% in 2023, going from the $16,500 level to the $28,000 level. This is in contrast to the growth of the S&P 500 index, which has increased by just more than 7% during the same period.

BTC/USD price | Source: CoinMarketCap

The bitcoin price has gotten off to an excellent start in 2023, but this coincides with what can only be called bad market and regulatory circumstances, which might bring the price down further.

You might also like: Mike Novogratz predicts a bull year for crypto

After the failure of crypto-friendly banks such as Silvergate, Silicon Valley, and Signature Bank, crypto institutions based in the United States have difficulty finding banking partners and liquidity, there are also fears that the United States will implement a policy preventing banks from interacting with cryptocurrency.

In addition, Binance and Coinbase, ranked as the two biggest cryptocurrency exchanges in the world by CoinMarketCap, have been the focus of increased attention from regulatory authorities in recent months.

Read more: US Treasury warns DeFi poses a threat to national security
BULL VS BEARThe crypto market is notoriously volatile, and it's not uncommon to hear the terms "bull" and "bear" being used to describe the market's overall direction. In this article, we'll take a closer look at what these terms mean and how they impact the crypto market. Bulls and bears are terms used to describe the overall sentiment of the market. When the market is bullish, it means that investors are optimistic and prices are rising. Conversely, when the market is bearish, investors are pessimistic, and prices are falling. Bullish investors believe that the market will continue to rise, and they often buy assets in the hope of selling them at a higher price in the future. This buying pressure can drive prices up even further, creating a positive feedback loop that reinforces the bullish sentiment. On the other hand, bearish investors believe that the market is overvalued and that prices will fall. They often sell assets, creating selling pressure that can drive prices down even further. This reinforces the bearish sentiment and can lead to a downward spiral. The battle between bulls and bears can have a significant impact on the crypto market. A prolonged bullish period can lead to a market bubble, where prices become disconnected from their underlying fundamentals. This can lead to a crash when the bubble inevitably bursts. Similarly, a prolonged bearish period can cause investors to lose confidence in the market, leading to a prolonged period of stagnation. This can make it difficult for new investors to enter the market, as they may be hesitant to invest in a market that has been in decline for an extended period. It's worth noting that the battle between bulls and bears isn't a zero-sum game. Both sides can profit from their positions, as long as they accurately predict the market's overall direction. For example, a bearish investor can profit by shorting assets, which allows them to sell assets they don't own and buy them back at a lower price, pocketing the difference. It's essential to note that the market can change quickly, and it's difficult to predict which side will win in the long run. It's also important to consider that the market is influenced by a variety of factors, including news events, regulations, and technological advancements. While bulls and bears may seem like opposing forces, they both play a crucial role in the cryptocurrency market. Bulls drive prices up and create demand, while bears provide balance by preventing prices from becoming overinflated. Ultimately, it's up to individual investors to determine their own risk tolerance and investment strategy in this dynamic and ever-changing market. In conclusion, the battle between bulls and bears is a constant feature of the crypto market. Understanding these terms and their impact on the market is crucial for investors looking to profit from the market's volatility. It's also important to remember that the market can be unpredictable, and even the most seasoned investors can get it wrong. As always, it's important to do your research and invest responsibly. #bulls #bearorbull #bearish #Bullish #bear

BULL VS BEAR

The crypto market is notoriously volatile, and it's not uncommon to hear the terms "bull" and "bear" being used to describe the market's overall direction. In this article, we'll take a closer look at what these terms mean and how they impact the crypto market.

Bulls and bears are terms used to describe the overall sentiment of the market. When the market is bullish, it means that investors are optimistic and prices are rising. Conversely, when the market is bearish, investors are pessimistic, and prices are falling.

Bullish investors believe that the market will continue to rise, and they often buy assets in the hope of selling them at a higher price in the future. This buying pressure can drive prices up even further, creating a positive feedback loop that reinforces the bullish sentiment.

On the other hand, bearish investors believe that the market is overvalued and that prices will fall. They often sell assets, creating selling pressure that can drive prices down even further. This reinforces the bearish sentiment and can lead to a downward spiral.

The battle between bulls and bears can have a significant impact on the crypto market. A prolonged bullish period can lead to a market bubble, where prices become disconnected from their underlying fundamentals. This can lead to a crash when the bubble inevitably bursts.

Similarly, a prolonged bearish period can cause investors to lose confidence in the market, leading to a prolonged period of stagnation. This can make it difficult for new investors to enter the market, as they may be hesitant to invest in a market that has been in decline for an extended period.

It's worth noting that the battle between bulls and bears isn't a zero-sum game. Both sides can profit from their positions, as long as they accurately predict the market's overall direction. For example, a bearish investor can profit by shorting assets, which allows them to sell assets they don't own and buy them back at a lower price, pocketing the difference.

It's essential to note that the market can change quickly, and it's difficult to predict which side will win in the long run. It's also important to consider that the market is influenced by a variety of factors, including news events, regulations, and technological advancements.

While bulls and bears may seem like opposing forces, they both play a crucial role in the cryptocurrency market. Bulls drive prices up and create demand, while bears provide balance by preventing prices from becoming overinflated. Ultimately, it's up to individual investors to determine their own risk tolerance and investment strategy in this dynamic and ever-changing market.

In conclusion, the battle between bulls and bears is a constant feature of the crypto market. Understanding these terms and their impact on the market is crucial for investors looking to profit from the market's volatility. It's also important to remember that the market can be unpredictable, and even the most seasoned investors can get it wrong. As always, it's important to do your research and invest responsibly.

#bulls #bearorbull #bearish #Bullish #bear
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$LOOM
Looks ready to dump as predicted.
Sell signal confirmed LTF📉✅

(Monthly close soon. Be carefull with your open position regarding the volatility and fake moves).

#loom #BTC #cryptonews #BinanceTournament #dyor
Yes
53%
No
32%
I don't know
15%
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"What is my plan?". The only question you should be asking yourself. Not "is it true BTC will reach 1.000.000 on this #BullMarket📈 ?" or "should I buy the #dogshit coin of turn before everyone mass-sells it?" or "what is this protein-shake drinking mother-scammer #BearishBully trying to preach?" What is a plan? People will tell you: when and how to get into a market, a #bear one if you're smart or a pullback if you are less smart and a bit more risky... or when to get out of a market, a #bull one if you're smart or a recovery if you are less smart and a bit more risky. Heck, people might tell you that you can even play against a market, shorting the c**p out of it, or betting all your hard-inherited money on margins and futures and whatnot. But none of that is a plan. Those are merely actions. A plan takes longer and sets you on a mentality to last in the market. You could plan a general number of when to start selling some of your BTC, which I will do (but you don't have to). You could plan at which market cap a coin is expected to stagnate and sell it off, like ADA, which I did (and you might have done too). You can plan to set a limited percentage of your portfolio to buy middlecaps or, well, riskier crap, which I do (and you don't need to). Essentially, a plan should survive more than a single market cycle and it should also be able to adapt to new information... and if you don't have a plan, you're pretty much effed mate. And if anyone, me included, ever tells you their plan, are they being honest? Why would they? We eat from your failure, as you eat from ours. Crypto is the thunderdome in the most literal capitalistic way. We will all lose money to it. Some might earn money from it. Very few will get obscenely rich with it... and now that ETF's are a thing, we will even get rich at the expense of all those parents and grandparents that said "digital gold? I don't understand!" while holding their medicine on one hand and their palm phone on the other while searching the number from their brokers. So Temper your Greed, make a plan and beat me. #TyG
"What is my plan?". The only question you should be asking yourself. Not "is it true BTC will reach 1.000.000 on this #BullMarket📈 ?" or "should I buy the #dogshit coin of turn before everyone mass-sells it?" or "what is this protein-shake drinking mother-scammer #BearishBully trying to preach?"

What is a plan? People will tell you: when and how to get into a market, a #bear one if you're smart or a pullback if you are less smart and a bit more risky... or when to get out of a market, a #bull one if you're smart or a recovery if you are less smart and a bit more risky. Heck, people might tell you that you can even play against a market, shorting the c**p out of it, or betting all your hard-inherited money on margins and futures and whatnot. But none of that is a plan. Those are merely actions.

A plan takes longer and sets you on a mentality to last in the market. You could plan a general number of when to start selling some of your BTC, which I will do (but you don't have to). You could plan at which market cap a coin is expected to stagnate and sell it off, like ADA, which I did (and you might have done too). You can plan to set a limited percentage of your portfolio to buy middlecaps or, well, riskier crap, which I do (and you don't need to). Essentially, a plan should survive more than a single market cycle and it should also be able to adapt to new information... and if you don't have a plan, you're pretty much effed mate.

And if anyone, me included, ever tells you their plan, are they being honest? Why would they?

We eat from your failure, as you eat from ours. Crypto is the thunderdome in the most literal capitalistic way. We will all lose money to it. Some might earn money from it. Very few will get obscenely rich with it... and now that ETF's are a thing, we will even get rich at the expense of all those parents and grandparents that said "digital gold? I don't understand!" while holding their medicine on one hand and their palm phone on the other while searching the number from their brokers.

So Temper your Greed, make a plan and beat me.

#TyG
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$LOOM Be carefull with this token, possible big correction, first buyers are going to take their profits! 🚨 In most of cases, the price need to breath and consolidate before another high. I will hold my short position for some days. Invalidation: H1 close above 0.14200$ (earlier short level) #Layer2 #loom #crypto2023 #cryptonews #bear
$LOOM
Be carefull with this token, possible big correction, first buyers are going to take their profits! 🚨
In most of cases, the price need to breath and consolidate before another high.

I will hold my short position for some days.
Invalidation: H1 close above 0.14200$ (earlier short level)

#Layer2 #loom #crypto2023 #cryptonews #bear
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$NEAR No buy pressure, The price remain bearish, even on the HTF We need a reversal sign before entering into long positions⏳ It looks more like a bearish triangle📉 According to the weekly view, a 15 - 20% dump is really possible🚨 What do you think, Bull or Bear? #BTC #near #cryptonews #BinanceTournament #bear
$NEAR
No buy pressure,
The price remain bearish, even on the HTF
We need a reversal sign before entering into long positions⏳
It looks more like a bearish triangle📉
According to the weekly view, a 15 - 20% dump is really possible🚨
What do you think, Bull or Bear?

#BTC #near #cryptonews #BinanceTournament #bear
$SUI - Bearish setup 📉 Regarding what we said in the livestream session of this morning: -Bearish trend retest📉 -H&S pattern📉 Lower support to be touched: 1.530 - 1.420 - 1.400$ zone The price remain bearish (LTF). Local support around 1.620$ is holding, that's why I mentionned to wait if you want to enter inshort! #trading #crypto #DYOR!! #BTC #bear
$SUI - Bearish setup 📉

Regarding what we said in the livestream session of this morning:

-Bearish trend retest📉
-H&S pattern📉

Lower support to be touched:
1.530 - 1.420 - 1.400$ zone

The price remain bearish (LTF).

Local support around 1.620$ is holding, that's why I mentionned to wait if you want to enter inshort!

#trading #crypto #DYOR!! #BTC #bear
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$WLD Technical Analysis. 📉 🐻 WorldCoin(WLD) 5 Waves maybe completed. We are to correct soon. Confluence: ✅Volume Decreasing. ✅Elliott Wave 5 waves completed, we are going to correct now. ✅Resistance Triple Top ✅Bearish Divergence Tayor. 🖖 #crypto2023 #wld #bear #downtrend #BTC
$WLD Technical Analysis. 📉
🐻 WorldCoin(WLD) 5 Waves maybe completed. We are to correct soon.
Confluence:
✅Volume Decreasing.
✅Elliott Wave 5 waves completed, we are going to correct now.
✅Resistance Triple Top
✅Bearish Divergence
Tayor. 🖖

#crypto2023 #wld #bear #downtrend #BTC
#bull #bear $BTC $ETH Once upon a time, in the heart of the financial world, there lived a Bear and a Bull, two creatures whose influence shaped the fortunes of investors far and wide. The Bear was a formidable creature, with fur as dark as the night sky and eyes that glinted with a cautious skepticism. He roamed the markets with a sense of caution, often predicting downturns and volatility. His cautious nature earned him the reputation of a pessimist, but his wisdom was undeniable, as he knew when to protect himself and others from the dangers lurking in the financial wilderness. On the other hand, the Bull was a majestic beast, with horns that gleamed in the sunlight and a spirit as fierce as the flames of a raging fire. He charged through the markets with unbridled enthusiasm, his confidence contagious and his optimism boundless. The Bull believed in the power of growth and prosperity, and his bullish nature inspired investors to seize opportunities and ride the waves of success. Despite their differences, the Bear and the Bull shared a mutual respect for each other's unique qualities. They knew that the ebb and flow of the markets depended on their delicate dance, with the Bear providing a necessary balance to the Bull's exuberance, and the Bull infusing hope and vitality into the Bear's cautious calculations. Together, the Bear and the Bull wove the tapestry of the financial world, their interplay shaping the fortunes of investors and economies alike. Through bull markets and bear markets, they remained steadfast in their roles, knowing that each played a vital part in maintaining the equilibrium of the financial ecosystem. And so, the legend of the Bear and the Bull lived on, a timeless tale of balance and harmony in the ever-changing landscape of finance, reminding investors to navigate the markets with caution and optimism, guided by the wisdom of these legendary creatures. #bitcoinhalving #BullorBear #story
#bull #bear
$BTC $ETH

Once upon a time, in the heart of the financial world, there lived a Bear and a Bull, two creatures whose influence shaped the fortunes of investors far and wide.

The Bear was a formidable creature, with fur as dark as the night sky and eyes that glinted with a cautious skepticism. He roamed the markets with a sense of caution, often predicting downturns and volatility. His cautious nature earned him the reputation of a pessimist, but his wisdom was undeniable, as he knew when to protect himself and others from the dangers lurking in the financial wilderness.

On the other hand, the Bull was a majestic beast, with horns that gleamed in the sunlight and a spirit as fierce as the flames of a raging fire. He charged through the markets with unbridled enthusiasm, his confidence contagious and his optimism boundless. The Bull believed in the power of growth and prosperity, and his bullish nature inspired investors to seize opportunities and ride the waves of success.

Despite their differences, the Bear and the Bull shared a mutual respect for each other's unique qualities. They knew that the ebb and flow of the markets depended on their delicate dance, with the Bear providing a necessary balance to the Bull's exuberance, and the Bull infusing hope and vitality into the Bear's cautious calculations.

Together, the Bear and the Bull wove the tapestry of the financial world, their interplay shaping the fortunes of investors and economies alike. Through bull markets and bear markets, they remained steadfast in their roles, knowing that each played a vital part in maintaining the equilibrium of the financial ecosystem.

And so, the legend of the Bear and the Bull lived on, a timeless tale of balance and harmony in the ever-changing landscape of finance, reminding investors to navigate the markets with caution and optimism, guided by the wisdom of these legendary creatures.

#bitcoinhalving #BullorBear #story
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