🚨🚨🚨 Market Crash as duly warned is finally here! Destructive crash is about to begin as BTC breaks the strong support of $59.3K. Here are two possible scenarios: 1. BTC keeps on hitting the lower lows and drives its way to $47K which is the next ultimate support. 2. BTC recovers and the trend reverses briefly followed by a sharp plunge to $59.3K for a retest. Markets are on their way to doom! Huge support is needed immediately! Stay safe!
Bitcoin halving is just a couple of weeks ahead and the #1 crypto asset is under selling pressure struggling to maintain $66K which is a bit hard to digest. Here's what to expect: 1. Sharks and whales are awaiting people to sell low. They're playing with their nerves by spreading negative news like 30,000 BTC is being sold which is a joke. 2. BTC may plunge further down to $62.8K increasing pressure on weak investors and traders to sell BTC and then comes a big rally. 3. All halving events start in red, go sideways and then boom. This one is unnecessarily trying to mock them which is funny. During past halvings; there was no spot ETF, no futures ETF, no mega institutions buying hard and the adoption was just 3000 times low. Absolutely no reason why BTC is under pressure this time. The drama may end any time and you will get a surprise just after selling BTC. Remember : No technical correction is needed now! Stay vigilant , stay safe!
Collapse of many altcoins ahead! What you guys don't understand about crypto is the swings of bitcoin by bitcoin and for bitcoin. If you look at the growth numbers when BTC booms, you'll be surprised and if you see the Alts behaviour when BTC crashes, you will be shocked like in hell! In the picture behold what is happening to the alt season lovers!
Super depression across the market as billions of dollars are getting out of capital per hour. What is causing this? Why have around a million traders been liquidated during the last few days. We have been blowing the whistles for around 10 days. Those who follow us may have guarded themselves. See folks: 1. It is Christmas time (Always sluggish and bearish holiday season) 2. There have been institutional and individual Selloffs to book profits as market has grown to maximum for year 2024 We don't see anything abnormal or extraordinary whale driven. It is natural and 100% expected
It has been told over 120 times by KEN-FI alone that futures and any type of leverage trading beyond your capacity may be lethal. As another billion dollars wiped out today you need to understand this: 1. This is a very routine activity. Your market has grown to 3.6 Trillion dollars and this is amazing, isn't it? However, from here a mild correction that an asset experiences can cause liquidation for you. Like BTC shedding only 5% can do this! 2. You are greedy and greed is a curse! You want to be a millionaire overnight and guess what!! Only 0.001% are lucky enough. Say 500,000 out of 1 billion traders have been that lucky so far! so what about 999.5 million others? They are either losing money just like you or they are earning less but consistent and will become millionaires in due course of time. The latter are the champions and the skilled ones. Not more than 10% in the markets! Be one of them! Learn the art and science of trading ! Cheers!
Web3 Education for all! 100 words on Web3: Web3, or Web 3.0, is the next phase of the internet that focuses on decentralization, giving users more control over their data and online interactions. Unlike today's Web2, dominated by big companies, Web3 uses blockchain technology to enable trustless and peer-to-peer interactions. It supports cryptocurrencies, decentralized applications (dApps), and smart contracts, eliminating the need for intermediaries. For example, instead of relying on banks, you can use Web3 to transfer money directly to someone else. It also lets you own and control digital assets securely. Summary: Web3 is about a more transparent, user-focused, and decentralized internet. Congratulations 🎉 Now you know what web3 is about!
Want to study more? Let's have a quick look at salient features of web3: 1. Decentralization: Removes intermediaries, relying on peer-to-peer networks. 2. Blockchain: Ensures secure and transparent data storage. 3. Ownership: Users control their data and digital assets through wallets. 4. Smart Contracts: Self-executing agreements enhance automation and trust. 5. Cryptocurrencies: Enable seamless, borderless financial transactions. 6. Interoperability: dApps can interact across different platforms. 7. Tokenization: Assets like art and real estate can be tokenized and traded. 8. Privacy: Focuses on user anonymity and data security.
Web3 fosters a trustless, user-centric internet, revolutionizing industries like finance, gaming, and social media.
XRP to $100? Facts and Fiction: Fact: XRP Ripple is designed to revolutionize the global financial system by making transactions faster, cheaper, and more efficient. It holds a unique position in the cryptocurrency market due to its focus on institutional use cases rather than solely on individual users. After the controversial lawsuits and fundamental framework questions, some responded and others subsided; XRP is challenging Ethereum for the second spot after Bitcoin. XRP is currently the third most valuable crypto asset with an amazing $148 billion market cap. Fiction: 1. XRP is going to take over Ethereum soon: That's not a fact! By far and large, Eithereum is a superior asset and the most dynamic an used platform by a number of projects currently falling into gems category in crypto markets. So, this is not going to happen any time soon!
2. XRP is going to hit $100 in 2025: 100 Billion XRP in Max Supply and 57.1B+ in circulation, you need to pour $5.5 trillion into XRP before it hits $100. So, this is impossible as at this price, XRP will be #1 crypto asset beating Bitcoin, the power store of value. Fair projection for XRP in year 2025, at hyper bullish canvas is $6.36.
Let's answer.. People are shocked as to why BTC slipped from $104K to $90.2K!!! No news, nothing negative on horizon and a long green candle turned into a longer red pulling the market down and blowing up around a billion dollars of over 200K traders. KEN-FI tells you what happened.. 1. Profits are being naturally booked above $100K 2. Low buying orders above $100K which means volumes shrink 3. Short to long selling imbalance 4. Huge and costly margins working behind the bull run need to be settled 5. $104K is a mega resistance. The level from where BTC got rejected multiple times and fell to muster up liquidity 6. Most importantly, you need to handover BTC to individuals and institutions at higher levels to keep prices stable as you move to the next level 7. Finally, whales deserve a bite! stay away from margins! stay safe
As Christmas is approaching and the holiday season is freezing cold disrupting the bull run. Well, it is always dull and sideways for markets during this season. Expect fireworks on the new year eve or say in the first half of January. Till then, go slow. Look at the market as it corrects itself further; buy some below fair values and go on a vacation! Cheers! 🙂
Liquidity rush from Bitcoin and Alts caused hundreds of millions in liquidations for thousands of traders. Leverage may kill you when you wake up one fine morning. Always look before you leap! KEN-FI has warned people a number of times to guard themselves against unsafe margin levels. Futures trading, in particular is highly unsafe. If you're not sitting 24/7 in front or you don't place stop losses at correct levels. Be ready to liquidate!
Finally , Bitcoin broke above $100K From $0.0011 (15 years ago) It is now 100,000,000% up trading above $100K This is not only the biggest ever return by thousands of X's but it is a jawbreaker for the skeptics who announced in 2021 that people who bought BTC at $60K have lost it forever and BTC is not going to go above that level. Today they're silent and as they see it is 75% in 3 years for those who bought on those levels. Cheers! Crypto community
BNB just like we told you has exploded and made a new all time high today! Keep following for more! Those who like and share our posts will get a chance to hold the free subscription of our premium advisory services for 6 days!
Market dynamics are changing swiftly. Although you can make a lot of money yet you need to remember that you can lose a lot of money as well. Make a professional strategy keeping emotions thoroughly off the table and follow the plan stringently, booking profits and losses at correct levels. Those who flow just by luck make or break just as the wave passes by. Stay safe, cheers!
Here are some coins from the blue chip lot(Top 50 by M/cap) that can explode anytime and are currently trading way below their respective fair values. Portfolios need them to be perfect. Here are the assets along with the fair values given as under:
1. SHIB: Top meme coin with immense potential due to a huge community and the popular NFT project on the back. Shiba is ready to explode. $0.00006 is the target.
2. BNB: The top asset has a fair value of $1,000. Expect a bull run any time.
3. POL: A fair value of $1.5 at the current market cap makes Polygon the best pick from the blue chip lot.
Smart investors never flee but absorb shocks and losses! It doesn't matter how capable or experienced you are; you cannot always beat the markets. Do not go depressed with losses. When such a time comes to you what you need to do is rebuild. Devise a recovery strategy carefully instead of clinging to your stubbornness by holding the wrong asset at the wrong time. Get out and enter something after thorough research and analysis. With whatever you are left with you not only can recover but make huge sums. Just buy under fair values! Get out of FOMO! Stay patient! Don't be afraid of booking profits or losses! Trust me, both are seasonal.
Stay spot or open that much of margin as you can sustain. Regular trading in Futures is not recommended!
Six Digit Bitcoin is not far away. Just in front of you as you look at the order book. 1015 on orders at $100,000. So, is it going to happen today! What do you say? Bitcoin : $100,000 is coming up next!
Bitcoin’s unstoppable journey to $250,000 is unfolding just as predicted for 2025. Surpassing the $94,600 milestone, it continues to set new records weekly, showcasing the power of its exponential growth. Fueled by the momentum from Trump’s recent win, BTC’s bullish swing is captivating markets worldwide.
The cryptocurrency’s resilience and adaptability in the face of global political and economic shifts are proving its dominance as a premier store of value and investment asset. Investors and enthusiasts are celebrating this historic surge, which underscores Bitcoin's growing adoption and confidence among individuals and institutions alike.
As BTC continues its ascent, it reinforces the narrative of cryptocurrency as a transformative financial revolution. With the $250,000 mark insight, the road ahead for Bitcoin promises even greater opportunities for those ready to embrace the future of decentralized finance. Stay tuned as BTC makes history!
KEN-FI predicted a year ago about BTC with 60%+ dominance. Recent analysis has shown some unbelievable numbers. Bitcoin can have 78% dominance if 9/10 probable and intimate events result as hoped. Although this is assumptive and inputs are based on quite a few ifs and buts. However, the results surprised us as well and led us to break an alert: Bitcoin is perhaps the most Bullish of all assets and can transform the way we trade and look at finance! Cheers!
POL is about to break the major resistance at $0.42 to turn Bullish! If broken, $0.45 is the next major one for POL to cross and further hit $0.61. POL is the only gem which is trading exactly at the level when the market had $1.6T in cap. POL is way way below its fair price and a must buy! Stay safe and don't go beyond limits with leverage
Although there's no major threat ahead but you need to be informed that around 10,000 Bitcoins have been transferred to centralised exchanges. Wallets include some ancient ones dormant since 2010. Some Satoshi friends may desire to be millionaires / billionaires with their pennies invested in digital gold.🙂 Just keep a close eye over movement of BTCs as we near $100K for BTC. The market has the depth to absorb the selling shock of 11000 or even more Bitcoins without a major slip.