panic
87,345 views
12 Posts
Hot
Latest
#Attention From Experience . In situations like these when the market is down.Many
#panic and sell, thinking that the market will blow down there investment .Yet when the market is down and u see that the your portfolio is - 40% . My
#Advice is rejoice because it's an easy way to make sure profits by just buying more of
the same coin u hold its always a win if r wise For example it's Right to buy more bags of $LUNC / $JASMY/$SHIB /$MYRO $FLOKI/$USTC #SHIB🔥🔥 #CryptoNewsFlash
#panic and sell, thinking that the market will blow down there investment .Yet when the market is down and u see that the your portfolio is - 40% . My
#Advice is rejoice because it's an easy way to make sure profits by just buying more of
the same coin u hold its always a win if r wise For example it's Right to buy more bags of $LUNC / $JASMY/$SHIB /$MYRO $FLOKI/$USTC #SHIB🔥🔥 #CryptoNewsFlash
Bitcoin price drops near $40,000 as large-scale sellers unload $671 million worth of cryptocurrency
After plunging to $40,000 on Monday, the price of bitcoin then recovered to $42,000, suggesting a significant decline.
Whales were involved in the drop, according to the Coinbase Premium Gap (CPG) fall.
Traders have been wary of taking on high-leverage risks in the derivatives market since early December.
Monday saw the first price drop in Bitcoin in almost three weeks. Before the SEC authorizes a spot Bitcoin ETF in January 2024, the market was anticipating a positive continuation. But on Monday, investors were caught off guard by the unexpected decline in the market, leading to a collapse of optimism—aka "panic"—caused by the selling of whales.
The market is flooded with Bitcoin "whales."
The price of bitcoin dropped below $40,000 in the last day, and in the space of a few minutes, more than $340 million worth of long futures were liquidated. Although the exact cause of the disaster is unknown, whale sale is likely to blame.
Coinbase Premium Gap (CPG) data shows that premium has dropped to -250, proving this. To put it simply, the CPG is an indicator that follows the spread between the USD pair for Bitcoin posted on Coinbase and the USDT pair for Bitcoin listed on Binance. Here we can see if Coinbase, the leading US-based investor, or Binance, the leading worldwide user, is purchasing or selling more coins.
If the premium gap is positive, then buyers are believed to be investors in the United States; if it is negative, then buyers are believed to be users all over the world.
On Monday, though, the indicator fell precipitously, which might mean that whales have intervened. This was further confirmed by the fact that Binance's exchange reserves fell, reflecting the sale of around 16,000 BTC, or more than $671 million, that had been amassed during the previous week.
During the intra-day trading hours, Bitcoin fell to a low of $40,654 as a consequence of the 7% slump induced by user fear. Since then, its value has increased, and as of this writing, it is trading for $41,839 per coin.
Many traders have been avoiding high-leverage risks in the derivatives market since the beginning of December. The decrease in the leverage ratio serves as proof of this. Traders will likely remain skeptical after Monday's drop and wait until January to make major wagers.
The expected level of Bitcoin price stability is $42,000.
The price of bitcoin has made a small recovery in the past few hours, and it is now back above $42,000. Bitcoin (BTC) may find some stability at this price over the next several hourly trading sessions, since it is a critical psychological and technical support level.
The cryptocurrency was due to see a fall, as seen in the chart below, following last week's negative divergence. In the past two days, Bitcoin's price has fallen as a result of the divergence between its higher and lower highs on the price chart and the Relative Strength Index (RSI).
Moving ahead, Bitcoin may see a retest of $40,000 and a subsequent drop to $38,000 if it can't maintain a price above $42,000.
#BTC #BinanceTournament #panic
However, Bitcoin's price has the potential to rebound if bulls reclaim control and investors purchase BTC at the slightly reduced price. If the cryptocurrency were to break $43,000, the negative thesis would be rendered useless, and the asset would be redirected to trade at $44,000.
Whales were involved in the drop, according to the Coinbase Premium Gap (CPG) fall.
Traders have been wary of taking on high-leverage risks in the derivatives market since early December.
Monday saw the first price drop in Bitcoin in almost three weeks. Before the SEC authorizes a spot Bitcoin ETF in January 2024, the market was anticipating a positive continuation. But on Monday, investors were caught off guard by the unexpected decline in the market, leading to a collapse of optimism—aka "panic"—caused by the selling of whales.
The market is flooded with Bitcoin "whales."
The price of bitcoin dropped below $40,000 in the last day, and in the space of a few minutes, more than $340 million worth of long futures were liquidated. Although the exact cause of the disaster is unknown, whale sale is likely to blame.
Coinbase Premium Gap (CPG) data shows that premium has dropped to -250, proving this. To put it simply, the CPG is an indicator that follows the spread between the USD pair for Bitcoin posted on Coinbase and the USDT pair for Bitcoin listed on Binance. Here we can see if Coinbase, the leading US-based investor, or Binance, the leading worldwide user, is purchasing or selling more coins.
If the premium gap is positive, then buyers are believed to be investors in the United States; if it is negative, then buyers are believed to be users all over the world.
On Monday, though, the indicator fell precipitously, which might mean that whales have intervened. This was further confirmed by the fact that Binance's exchange reserves fell, reflecting the sale of around 16,000 BTC, or more than $671 million, that had been amassed during the previous week.
During the intra-day trading hours, Bitcoin fell to a low of $40,654 as a consequence of the 7% slump induced by user fear. Since then, its value has increased, and as of this writing, it is trading for $41,839 per coin.
Many traders have been avoiding high-leverage risks in the derivatives market since the beginning of December. The decrease in the leverage ratio serves as proof of this. Traders will likely remain skeptical after Monday's drop and wait until January to make major wagers.
The expected level of Bitcoin price stability is $42,000.
The price of bitcoin has made a small recovery in the past few hours, and it is now back above $42,000. Bitcoin (BTC) may find some stability at this price over the next several hourly trading sessions, since it is a critical psychological and technical support level.
The cryptocurrency was due to see a fall, as seen in the chart below, following last week's negative divergence. In the past two days, Bitcoin's price has fallen as a result of the divergence between its higher and lower highs on the price chart and the Relative Strength Index (RSI).
Moving ahead, Bitcoin may see a retest of $40,000 and a subsequent drop to $38,000 if it can't maintain a price above $42,000.
#BTC #BinanceTournament #panic
However, Bitcoin's price has the potential to rebound if bulls reclaim control and investors purchase BTC at the slightly reduced price. If the cryptocurrency were to break $43,000, the negative thesis would be rendered useless, and the asset would be redirected to trade at $44,000.
$BTC Latest Update:
👉 Yesterday, I provided information that as per the 15m chart, BTC entered a temporary bearish momentum, and it would drop below 36800. It dropped to around 36200, and later I shared that BTC would rise back to 37,000. After a few minutes, it suddenly pumped to 37,000, reaching a maximum of 37531, and then dropped again.
👉 The entire market is bearish due to the U.S. Department of Justice officially charging CZ and Binance , resulting in "one of the largest criminal penalties (4.3B fine amount) in U.S. history." Additionally, Binance CEO @CZ stepped down, contributing to the market's decline. BNB dropped more than 15% due to these events.
👉 As per the 15m chart, BTC currently has a resistance level of 37700 and a support level of 35737. BTC is maintaining a bearish momentum. In the 15m chart, BTC has a long distance to the resistance, so it may create a new resistance today. The expectation is for BTC to gradually regain to the 36500-36700 range and then drop, breaking the support.
👉 As per the 1H chart, BTC has a resistance level of 37598 and a support level of 35936. BTC successfully broke the support level 4 hours ago, indicating a potential drop of more than 2-3%, around 35000-34600. I recommend closing long positions and opening short positions. If holding BTC in Spot, consider selling and waiting for a bullish update to buy later. It's possible BTC will retest 36500-36700 to create a new resistance level in the 15m chart.
👉 I always provide accurate analysis. Use this information for your trades and trade with enough funds to avoid liquidation during sudden market movements. Avoid high-risk trades.
👉 Yesterday, I thought I couldn't continue providing BTC updates due to health issues, but I've successfully recovered. Thanks for your support and prayers.
Author : @Future Trading Expert - Tamil Nadu (For All) BXT
#BTC #WhaleAlert #panic #selling
👉 Yesterday, I provided information that as per the 15m chart, BTC entered a temporary bearish momentum, and it would drop below 36800. It dropped to around 36200, and later I shared that BTC would rise back to 37,000. After a few minutes, it suddenly pumped to 37,000, reaching a maximum of 37531, and then dropped again.
👉 The entire market is bearish due to the U.S. Department of Justice officially charging CZ and Binance , resulting in "one of the largest criminal penalties (4.3B fine amount) in U.S. history." Additionally, Binance CEO @CZ stepped down, contributing to the market's decline. BNB dropped more than 15% due to these events.
👉 As per the 15m chart, BTC currently has a resistance level of 37700 and a support level of 35737. BTC is maintaining a bearish momentum. In the 15m chart, BTC has a long distance to the resistance, so it may create a new resistance today. The expectation is for BTC to gradually regain to the 36500-36700 range and then drop, breaking the support.
👉 As per the 1H chart, BTC has a resistance level of 37598 and a support level of 35936. BTC successfully broke the support level 4 hours ago, indicating a potential drop of more than 2-3%, around 35000-34600. I recommend closing long positions and opening short positions. If holding BTC in Spot, consider selling and waiting for a bullish update to buy later. It's possible BTC will retest 36500-36700 to create a new resistance level in the 15m chart.
👉 I always provide accurate analysis. Use this information for your trades and trade with enough funds to avoid liquidation during sudden market movements. Avoid high-risk trades.
👉 Yesterday, I thought I couldn't continue providing BTC updates due to health issues, but I've successfully recovered. Thanks for your support and prayers.
Author : @Future Trading Expert - Tamil Nadu (For All) BXT
#BTC #WhaleAlert #panic #selling
$BTC 15m Chart Resistance Level Update:
👉 Last night, I experienced a health issue, and although my body temporarily recovered this morning 🤦, I'm currently dealing with body pain and fever again. I'll make an effort to provide BTC updates in the upcoming days.
👉 As per the 15-minute chart, BTC has a support level of 35,737. In a previous post, I mentioned that BTC might pump to 36,500-36,700, but it reached a maximum of 36,560 to establish a new Resistance Level for today. BTC has now successfully created a new resistance level of 36,543, concluding the retest and rejecting bullish trends. BTC is now poised to drop, aiming to break the support level.
👉 This morning, BTC successfully broke the 1-hour chart support level of 35,936. The #BTC has entered a robust bearish momentum, establishing a new support level of 35,737. I anticipate that later today evening or tonight, the current support levels in the 15-minute and 1-hour charts will be broken. Once broken, BTC is likely to drop below 35,000-34,600.
👉 I consistently provide accurate analyses, so please follow this information for your trades. Avoid high-risk trades and ensure you trade with enough funds to prevent liquidation during sudden market movements.
Thanks for your continued support and love ❤️.
Author : @Future Trading Expert - Tamil Nadu (For All ) BXT
#BTC #etf #panic #selling
👉 Last night, I experienced a health issue, and although my body temporarily recovered this morning 🤦, I'm currently dealing with body pain and fever again. I'll make an effort to provide BTC updates in the upcoming days.
👉 As per the 15-minute chart, BTC has a support level of 35,737. In a previous post, I mentioned that BTC might pump to 36,500-36,700, but it reached a maximum of 36,560 to establish a new Resistance Level for today. BTC has now successfully created a new resistance level of 36,543, concluding the retest and rejecting bullish trends. BTC is now poised to drop, aiming to break the support level.
👉 This morning, BTC successfully broke the 1-hour chart support level of 35,936. The #BTC has entered a robust bearish momentum, establishing a new support level of 35,737. I anticipate that later today evening or tonight, the current support levels in the 15-minute and 1-hour charts will be broken. Once broken, BTC is likely to drop below 35,000-34,600.
👉 I consistently provide accurate analyses, so please follow this information for your trades. Avoid high-risk trades and ensure you trade with enough funds to prevent liquidation during sudden market movements.
Thanks for your continued support and love ❤️.
Author : @Future Trading Expert - Tamil Nadu (For All ) BXT
#BTC #etf #panic #selling
LIVE
Future Trading Expert - Tamil Nadu
--
Bearish
$BTC Latest Update:
👉 Yesterday, I provided information that as per the 15m chart, BTC entered a temporary bearish momentum, and it would drop below 36800. It dropped to around 36200, and later I shared that BTC would rise back to 37,000. After a few minutes, it suddenly pumped to 37,000, reaching a maximum of 37531, and then dropped again.
👉 The entire market is bearish due to the U.S. Department of Justice officially charging CZ and Binance , resulting in "one of the largest criminal penalties (4.3B fine amount) in U.S. history." Additionally, Binance CEO @CZ stepped down, contributing to the market's decline. BNB dropped more than 15% due to these events.
👉 As per the 15m chart, BTC currently has a resistance level of 37700 and a support level of 35737. BTC is maintaining a bearish momentum. In the 15m chart, BTC has a long distance to the resistance, so it may create a new resistance today. The expectation is for BTC to gradually regain to the 36500-36700 range and then drop, breaking the support.
👉 As per the 1H chart, BTC has a resistance level of 37598 and a support level of 35936. BTC successfully broke the support level 4 hours ago, indicating a potential drop of more than 2-3%, around 35000-34600. I recommend closing long positions and opening short positions. If holding BTC in Spot, consider selling and waiting for a bullish update to buy later. It's possible BTC will retest 36500-36700 to create a new resistance level in the 15m chart.
👉 I always provide accurate analysis. Use this information for your trades and trade with enough funds to avoid liquidation during sudden market movements. Avoid high-risk trades.
👉 Yesterday, I thought I couldn't continue providing BTC updates due to health issues, but I've successfully recovered. Thanks for your support and prayers.
Author : @Future Trading Expert - Tamil Nadu (For All) BXT
#BTC #WhaleAlert #panic #selling
👉 Yesterday, I provided information that as per the 15m chart, BTC entered a temporary bearish momentum, and it would drop below 36800. It dropped to around 36200, and later I shared that BTC would rise back to 37,000. After a few minutes, it suddenly pumped to 37,000, reaching a maximum of 37531, and then dropped again.
👉 The entire market is bearish due to the U.S. Department of Justice officially charging CZ and Binance , resulting in "one of the largest criminal penalties (4.3B fine amount) in U.S. history." Additionally, Binance CEO @CZ stepped down, contributing to the market's decline. BNB dropped more than 15% due to these events.
👉 As per the 15m chart, BTC currently has a resistance level of 37700 and a support level of 35737. BTC is maintaining a bearish momentum. In the 15m chart, BTC has a long distance to the resistance, so it may create a new resistance today. The expectation is for BTC to gradually regain to the 36500-36700 range and then drop, breaking the support.
👉 As per the 1H chart, BTC has a resistance level of 37598 and a support level of 35936. BTC successfully broke the support level 4 hours ago, indicating a potential drop of more than 2-3%, around 35000-34600. I recommend closing long positions and opening short positions. If holding BTC in Spot, consider selling and waiting for a bullish update to buy later. It's possible BTC will retest 36500-36700 to create a new resistance level in the 15m chart.
👉 I always provide accurate analysis. Use this information for your trades and trade with enough funds to avoid liquidation during sudden market movements. Avoid high-risk trades.
👉 Yesterday, I thought I couldn't continue providing BTC updates due to health issues, but I've successfully recovered. Thanks for your support and prayers.
Author : @Future Trading Expert - Tamil Nadu (For All) BXT
#BTC #WhaleAlert #panic #selling
BTC Latest Information: (All Timeframes)
👉 In the 15-minute chart, BTC is currently in temporary bearish momentum, anticipating a drop to 36,451. It has established a new support level at 36,560 while maintaining resistance at 37,885. The expectation is that BTC will not break the current support level, aiming for a rise to 37,300-37,600. A drop below 36,000 may occur if the 15m chart support is breached, emphasizing the importance of following 1H chart analysis for long-term holders.
👉 In the 1-hour chart, BTC is facing resistance at 37,885 and support at 35,239. The current trading range revolves around these levels. A continuation of panic selling might prompt the 1H chart to establish a new support level or break the existing one.
👉 The 4-hour chart shows BTC with resistance at 37,330 and support at 35,305. A real breakout has already occurred on the 4H chart's resistance level, signifying BTC's maintenance of extraordinary bullish momentum.
👉 On the 1-day chart, BTC is encountering resistance at 37,885, with the reminder that new resistance levels are created daily. This indicates a gradual increase in BTC buyers.
👉 The 1-week chart reveals BTC's current resistance level at 37,085. Predictions suggest that this week's candle will break the resistance, given the creation of new resistance levels. The confirmation of buyers entering the market on the 1D and 1W charts implies a potential move towards 40,000.
Note: I am an analyst providing accurate analyses across various timeframes. Trade with sufficient funds due to high volatility. My information acts as a strategy indicator of changing trends.
Thanks for your support.
Author: @KingofBTC2024 (For All) BXT
#BTC #etf #panic #selling
👉 In the 15-minute chart, BTC is currently in temporary bearish momentum, anticipating a drop to 36,451. It has established a new support level at 36,560 while maintaining resistance at 37,885. The expectation is that BTC will not break the current support level, aiming for a rise to 37,300-37,600. A drop below 36,000 may occur if the 15m chart support is breached, emphasizing the importance of following 1H chart analysis for long-term holders.
👉 In the 1-hour chart, BTC is facing resistance at 37,885 and support at 35,239. The current trading range revolves around these levels. A continuation of panic selling might prompt the 1H chart to establish a new support level or break the existing one.
👉 The 4-hour chart shows BTC with resistance at 37,330 and support at 35,305. A real breakout has already occurred on the 4H chart's resistance level, signifying BTC's maintenance of extraordinary bullish momentum.
👉 On the 1-day chart, BTC is encountering resistance at 37,885, with the reminder that new resistance levels are created daily. This indicates a gradual increase in BTC buyers.
👉 The 1-week chart reveals BTC's current resistance level at 37,085. Predictions suggest that this week's candle will break the resistance, given the creation of new resistance levels. The confirmation of buyers entering the market on the 1D and 1W charts implies a potential move towards 40,000.
Note: I am an analyst providing accurate analyses across various timeframes. Trade with sufficient funds due to high volatility. My information acts as a strategy indicator of changing trends.
Thanks for your support.
Author: @KingofBTC2024 (For All) BXT
#BTC #etf #panic #selling
Why #Bitcoin(BTC) is Dumping 👇
The recent dip in Bitcoin's price is likely a result of profit-taking by early investors after its significant run from $15500 to $73700. However, it's important not to #panic as this correction was expected given Bitcoin's rapid ascent.
Interestingly, altcoins are holding up relatively well compared to Bitcoin, indicating that money is flowing from BTC to other coins in the market. Once Bitcoin stabilizes and finds support, it's expected to range between $60000- $72000
This period of #consolidation will give #Ethereum(ETH) an opportunity to shine, especially with the potential approval of a spot #ETF: in May, following Bitcoin's halving in April.
As $BTC ranges, $ETH is anticipated to break $5k and set new all-time highs, driven by the ETF excitement similar to what Bitcoin experienced.
This surge in ETH's price will likely instill more confidence in the market, leading to increased investment across high, mid, and low-cap altcoins, potentially triggering an epic altseason.
It's crucial to hold steady and be patient during these times, as the overall trend remains bullish for both Bitcoin and altcoins. Avoid getting shaken out by the actions of whales and focus on the long-term potential of your investments.
Thankyou.
The recent dip in Bitcoin's price is likely a result of profit-taking by early investors after its significant run from $15500 to $73700. However, it's important not to #panic as this correction was expected given Bitcoin's rapid ascent.
Interestingly, altcoins are holding up relatively well compared to Bitcoin, indicating that money is flowing from BTC to other coins in the market. Once Bitcoin stabilizes and finds support, it's expected to range between $60000- $72000
This period of #consolidation will give #Ethereum(ETH) an opportunity to shine, especially with the potential approval of a spot #ETF: in May, following Bitcoin's halving in April.
As $BTC ranges, $ETH is anticipated to break $5k and set new all-time highs, driven by the ETF excitement similar to what Bitcoin experienced.
This surge in ETH's price will likely instill more confidence in the market, leading to increased investment across high, mid, and low-cap altcoins, potentially triggering an epic altseason.
It's crucial to hold steady and be patient during these times, as the overall trend remains bullish for both Bitcoin and altcoins. Avoid getting shaken out by the actions of whales and focus on the long-term potential of your investments.
Thankyou.
