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đšđš $BTC Next Big Drop is Coming Soon! Prepare Yourselves! đ±đ As we shared in our last update, weâre still not bullish on Bitcoin. Weâre 100% certain it will fall below $58Kâand this drop is coming soon! No doubt about it. đŻ Why $BTC is Weakening? đđ° Since hitting $52K, Bitcoin hasn't respected its resistances on higher timeframes like daily or weekly. Despite some initial volume, itâs faded over time. đš The major trend line from Bitcoinâs last all-time high is acting as key resistance, rejecting Bitcoin at $66,200 on the daily chart five times now. This is a clear sign of weakening. đ The Fake Pump: Whatâs Happening? đ€Żđ„ Recent bullish news like lower U.S. unemployment, a Fed rate cut, lower inflation, and CZâs updates pumped Bitcoin artificially to grab liquidity. We call this a âDead Cat Bounceâ â ïž â a deceptive move to trap retail investors before the market crashes again. đš Whatâs Next for Bitcoin? đĄđ We believe Bitcoinâs golden period is over, and after this brief bullish wave, a major downturn is likely. Expect Bitcoin to drop to $45,700, after which we might see a proper bullish reversal. â ïž Short-Term Prediction: đź Bitcoin may break resistance and reach $67K-$68K, only to trap investors before a series of red candles takes over. đ đ° Current consolidation: $64,250 - $65,130. Precautions: đ 1. Avoid leverage trading in this volatile marketâitâs too risky. 2. Donât fall for sudden green candles; this pump is a liquidity trap. Stay cautious! #HMSTRonBinance #CryptoMarketMoves #BTCâ #BTCReboundsAfterFOMC #DOGSONBINANCE
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đšđš Latest Update: $BTC Daily Closing Analysis đ„đ Today's Bitcoin closing is at a major resistance zone, signaling key movements ahead. Current Resistance Zone đđ„ As today candle closed around $65,700, suggesting $BTC might push toward $67,200 level today. A breakthrough here could lead to further upward momentum. Anticipated Reversal đ° We expect a reversal within 48 hours, with Bitcoin likely retracing to $64,000 after possibly hitting $67,200. I plan to open short positions above $67K on $BTC , as we may quickly approach the $61K mark. Advice for Traders đĄ If you're feeling stuck in short trades, share your positions for personal advice. If you're in profit, resist over-leveraging; securing smaller gains is safer than risking significant losses. Important Precautions â ïž Avoid Over-Leveraging: Keep leverage balanced to avoid major losses. Monitor Market Movements: Stay updated on Bitcoin's volatility in the next 48 hours. Conclusion đ As we approach critical levels, have a solid strategy in place. Stay vigilant and trade wisely! #BinanceLaunchpoolHMSTR #DOGSONBINANCE #CryptoMarketMoves #BTCâ #HMSTRonBinance
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đš DAILY UPDATE: $BTC Resistance Retest Alert; MAJOR FALL Ahead? đš I hope you all are doing well. Bitcoin is currently retesting its resistance, and if it breaks, we could see a sudden pump in the market, potentially pushing $BTC to around $68K đ. However, even if this happens, we're still expecting a sharp drop, at least down to $61K - $58K, as we've already witnessed four back-to-back fakeouts. If this breakout occurs, it might be the last one before a big fall đ». If you're in long positions and have made good profits, itâs a good time to start booking your trades đŒ. Prediction: Today's daily candle is expected to close in the red. đđŻ #BinanceLaunchpoolHMSTR #CryptoMarketMoves #BTCâ #HMSTRonBinance #DOGSONBINANCE
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đš The Calm Before the Storm: $BTC Next Move Unveiled! đ„đš Hey everyone! Iâve been busy today, which is why I couldnât send updates earlier, but I hope youâve stayed cautious with the market as advised. đ» Will $BTC Sink or Soar? đ As we discussed yesterday, until bitcoin closes above 63200, weâre still on shaky ground. The levels to watch are 58K and 55K because weâve seen too many fakeouts lately. And guess what? Todayâs close still didnât break that 63200 mark, which means the bulls havenât taken over yet. đ A Shocking Surge Before the Fall? đ° Thereâs a slim chance $BTC could touch 66K or even 68K before any major plunge. This could be a classic liquidity grab, but keep in mind that bitcoin has been ignoring all resistance lately. A return to bearish momentum is just around the corner. đŻ Eyes on the Prize: The Real Targets Our next major targets for a reversal sit at 45700 and 47800. Get ready because the bearish trend could drag us down to these levels soon. đ â ïž Stay Sharp: Take Precautions Now! - Iâm opening short positions at every major resistance đŻ - If youâre new to futures, itâs better to stay away for now đ đĄ Smart Tip: Keep a close watch and donât hesitate to lock in your profits. Risk management is key in these volatile times. đ Want More Insights? Show Your Support! If you find these updates valuable, feel free to tip by clicking on yellow $ sign below the post to help keep the insights flowing! Our Target đ: If we got 100 likes on this post, we will release a major bullrun date prediction along with coins to buy for bull cycle. Do not miss! đ„ #TON #BTCâ #BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #CryptoMarketMoves
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đșđžđš Federal Reserve cuts interest rates by 50bps for the first time in 4 years. đ„đ As we mentioned a few days ago, the Fed meeting is on September 18th. Today, weâve received some bullish news from the Fed, indicating that the US economy is stabilizing. As a result, we've seen a 50 BPS rate cut. đ„đ Our target for this post is 50 likes. If you all help us reach this goal, weâll quickly share the next $BTC move update and provide $BTC trades as well! đșđž SUMMARY OF FED DECISION (9/18/24): 1. Fed cuts interest rates by 50 bps for first time since 2020 2. Fed sees 2 more 25 basis point rate cuts in 2024 3. One Fed governor dissented for the first time since 2005 in favor of a 25 bps rate cut 4. Fed gained "greater confidence" that inflation is moving to 2% 5. Fed will "carefully asses incoming data" and evolve outlook 6. Fed sees 100 bps of rate cuts in 2025 and 50 bps of cuts in 2026 #FOMC #BinanceLaunchpoolHMSTR #BinanceTurns7 #USRetailSalesRise #DOGSONBINANCE $BTC
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