cryptobearish
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$BTC Red alert... 🚨🚨🚨
So in my yesterday's post I predicted that today's closing market will decide the coming future of overall market and seems like that we are going down in coming few hours because the 5, 15, 30 minutes and 1 hour time frames charts are showing constantly negative moves which means by today's midnight market condition will be more clear and if $BTC do not get support before reaching towards $65.8k then be prepared for major dumps which will obviously impact altcoins and a market crash is expected.
So by this time simply do not go for long positions. meanwhile, short positions here in this conditions will obviously be profitable.
I repeat do not go for long positions now and if you have any long position now then close them as soon as possible and mitigate your loss.
see you later with other updates..
#btcupdates2024 #cryptobearish
So in my yesterday's post I predicted that today's closing market will decide the coming future of overall market and seems like that we are going down in coming few hours because the 5, 15, 30 minutes and 1 hour time frames charts are showing constantly negative moves which means by today's midnight market condition will be more clear and if $BTC do not get support before reaching towards $65.8k then be prepared for major dumps which will obviously impact altcoins and a market crash is expected.
So by this time simply do not go for long positions. meanwhile, short positions here in this conditions will obviously be profitable.
I repeat do not go for long positions now and if you have any long position now then close them as soon as possible and mitigate your loss.
see you later with other updates..
#btcupdates2024 #cryptobearish
*Crypto Market Update: Bearish Trend Continues as ETH, SOL, XRP, DOGE, and PEPE Prices Fall*
- The global crypto market cap is $2.53 trillion, a 1.23% decrease over the last day
- Bitcoin is at $67,939.10, a 0.40% increase in the last hour
- Ethereum is at $3,741.27, a 0.22% increase in the last hour
- XRP is at $0.5203, a 0.52% increase in the last hour
- Dogecoin is at $0.1594, a 0.39% increase in the last hour
*Current Market Updates:*
- The crypto market is expected to remain shaky ahead of Friday’s U.S. inflation report, which may lead to a rate hike and further market volatility.
- CHZ has surged over 20% in seven days, the third-biggest gain among the top 100 cryptocurrencies by market value, due to its increasing adoption in the sports and entertainment industry.
- BlackRock’s Bitcoin ETF has surpassed Grayscale’s GBTC to become the largest spot Bitcoin product, indicating growing institutional interest in cryptocurrencies.
- Bitcoin price prediction: BTC nears $68,000; BlackRock’s $20B fund boosts investor confidence, as the market anticipates a potential price surge.
*Current News:*
- China’s central bank on offshore CNY market and cross-border transaction: The People's Bank of China (PBOC) has announced new regulations to strengthen its control over the offshore yuan market and cross-border transactions, which may impact cryptocurrency trading in the region.
- Joint global tax group issues crypto risk indicators to financial institutions: The OECD has released a report highlighting the risks associated with cryptocurrency transactions and providing guidelines for financial institutions to identify and mitigate these risks.
- PayPal’s PYUSD stablecoin on Solana introduces ‘confidential transfers’ for enhanced privacy: PayPal has launched a new feature for its stablecoin, allowing users to make confidential transactions and protecting their identities.
#writetoearn
#Write2Earn!
#cryptobearish
- The global crypto market cap is $2.53 trillion, a 1.23% decrease over the last day
- Bitcoin is at $67,939.10, a 0.40% increase in the last hour
- Ethereum is at $3,741.27, a 0.22% increase in the last hour
- XRP is at $0.5203, a 0.52% increase in the last hour
- Dogecoin is at $0.1594, a 0.39% increase in the last hour
*Current Market Updates:*
- The crypto market is expected to remain shaky ahead of Friday’s U.S. inflation report, which may lead to a rate hike and further market volatility.
- CHZ has surged over 20% in seven days, the third-biggest gain among the top 100 cryptocurrencies by market value, due to its increasing adoption in the sports and entertainment industry.
- BlackRock’s Bitcoin ETF has surpassed Grayscale’s GBTC to become the largest spot Bitcoin product, indicating growing institutional interest in cryptocurrencies.
- Bitcoin price prediction: BTC nears $68,000; BlackRock’s $20B fund boosts investor confidence, as the market anticipates a potential price surge.
*Current News:*
- China’s central bank on offshore CNY market and cross-border transaction: The People's Bank of China (PBOC) has announced new regulations to strengthen its control over the offshore yuan market and cross-border transactions, which may impact cryptocurrency trading in the region.
- Joint global tax group issues crypto risk indicators to financial institutions: The OECD has released a report highlighting the risks associated with cryptocurrency transactions and providing guidelines for financial institutions to identify and mitigate these risks.
- PayPal’s PYUSD stablecoin on Solana introduces ‘confidential transfers’ for enhanced privacy: PayPal has launched a new feature for its stablecoin, allowing users to make confidential transactions and protecting their identities.
#writetoearn
#Write2Earn!
#cryptobearish
