I think BTC futures market will be on the bearish side for a while before D. Trump’s next presidency because such things that selling YBTC which is Bitcoin covered call or SBIT which is shorting BTC short squeezing will occur soon. Bitcoin price rose because it joined stock market, but it also means its price can go down because of stock market. $BTC
Many altcoins are very cheap now so it maybe will bullish for a while.
But since BTC is at a high level and covered call ETFs can be sold too in the stock market along with a whole market decrease. So there can be more harsh time for the bulls later on.
So that means I’m not sure of the market will be bullish so long at this point.
Korea Government stopped NO.1 Korean CEX “Upbit” running its business when it comes to new users because if KYC problem and so on. But they still have chances to speak until January 21 KST. But still this could make people panic sell. Also, Nasdaq 100 futures can be very downside because it rose like 3% yesterday and today. This can lead BTC to 90k or even 80k line. So I don’t recommend to have long positions right now. You can open short position to hedge the danger of panic selling and Nasdaq downside effect.
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Ok as I predicted a few hours ago, $BTC the whole market is very on bearish side. As you can see the chart, $ETH can break 3k at anytime because coin market is just following the stock market now.
But this could mean A Skyrocketting Season can come later on after Trump Presidency started. But you might have to wait for months or even a year. After the stock market is settled at certain price, then we’ll see chances to buy.
Be aware of red packet hackers. Never make a big amount of red packet.
Back in the days I made a red packet, 1 USDT per person for people one time. But some crazy hackers they somehow stole the red packet as soon as I made it. I didn’t send it to people yet but they just stole it somehow. It’s really crazy.
But no one can really help with this problem. So you have to be careful. If you want to give coin to your friend, just send coin on Binance pay, not red packet.
Doesn’t it look like it’s time for investors to sell YBTC or buy SBIT in the stock market? Let’s see if there is a big change for altcoin and crypto market. So I think that would make BTC dominance will decrease and some altcoin prices will skyrocket. And the cycle goes. It’s really a trend now and even this can continue for a month! That’s what I think. So keep DYOR to find cheap altcoins in the market and make purchase of them a little bit.
#bouncebit $BB is the platform makes $BTC transaction faster and easier-which is the part of Bitcoin lightning project. $STX has been doing a good job and really expensive now, but bouncebit is just the bottom price now. I think bouncebit will reach a ATH (all time high) later on. We will see. Buy the dip is important in investing, you know.
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People are selling BTC ETF with very high volume. The stats are very alike when BTC go 74k to 50k on the first half of the year. $BTC will drop to 50k or even 40k, I presume Maybe 30k can come. $ETH can go under 1.8k this time. $SOL will drop too under 100.
Do you know now whales short $ETH ? It looks like ETH will go under 2k USDT. $SOL has memecoin ecosystem and ponzui scam structure made by fintech companies, so it’s superior regarding price better than ETH.
Market will eventually crash as I said and BTC crashed and became 67k already as I said.
I told you so! But it’s just you didn’t believe me.
Now whales reducing ETH Long positions and retail add more. Do you think retail traders can win the whales? It’s up to you.
Now Retail traders has more long position like 20% than whale traders. Do you think retail traders can win whles this time? I don’t think so. The market will crash eventually later on.
If stocks like microsoft are printed 2 or 10 times a year, then would you buy it? In SOL ecosystem, it’s just happening. but they just pump and pump, then now they just dump them. This is one of the certainly serious ponzi scam scene in electronic money market but SEC regulations is too slow. Many individual investors will lose their money because they just buy coins at high price with no hedge along with futures trading. This is just a scam. and this will impact on Bitcoin market as well.
The boss said, “short the Bitcoin” and we are doing a good job, agents. $BTC $BTC will go at least around 60k next month.
And Bitcoin ETF investors would be unhappy with their profit or even losses, so they probably would like to sell BTC. So we might see BTC go around 50k again. And then the price will depend on next generation holders. We’ll see.
Carasuma Organization Agents, listen. We will make Bitcoin over “70k” as soon as possible as the boss want it. All short positions were liquidated by us. And will liquidate them again. So let’s go for it! $BTC
“Never stop buying #BTC bitcoins” - The boss - Hey, all Carasuma agents. Listen what the boss’s saying. We are going to do the bullish operation, making the Bitcoin market Bullish $BTC . $BTC