US SEC Posted Fake Spot Bitcoin ETF Approval Tweets, Multiple Applicants Lowered Fee

2024-01-10 03:00

BTC | -1.57%

On Tuesday, the US SEC X account was compromised to post a fake spot bitcoin ETF approval. On Jan. 9, the official X (formerly Twitter) account of the SEC posted that it had granted approvals for Bitcoin ETFs to be listed on all registered national securities exchanges.

Shortly after, SEC chair Gary Gensler denied and said the X account was compromised and an unauthorized tweet was posted.

Meanwhile, multiple spot bitcoin ETF applicants lowered their fees in their amended S-1 filing on Tuesday morning. Bitwise lowered the fee for its spot bitcoin exchange-traded fund down to 0.20% — the lowest among all the current offerings.
Source: TokenInsight

Will BNB stand the test?

Funds are SAFU!

CZ assures binance users as he steps down as Binance CEO.

I love you CZ. Thanks for your service.

Now that SEC has postponed their decision on Bitcoin's ETF, what next?

Another of my pick for the next bull are $FLoki and $GLMR

Stay tuned as i unveil all the 10 tokens that i believe will do massive in the coming bull #NFA

Remember to DYOR

What are your 5 best picks for a possible 20x to 100x in the next bull market? This coin was at this price last year when i got it. It has done over 10x since then. I will be realising my picks soon. Follow me so you don't miss them. For now, know that $ATA is one of them...

There is no bullrun without Halving.

The bitcoin ETF even if approved will only cause a small pump and then stabilise price. A regulated bitcoin, cannot experience massive pumps like we have seen in the past.

Bitcoin Halving is the fundamental that has always caused a bull market, because it causes scarcity and increases demand.

Let's look at Past halvings show price movements:

First Halving (Nov 28, 2012):
- Pre-halving ATL: $2.01
- Halving: ~$11.25
- ATH (1 year later): ~$1,165

Second Halving (July 9, 2016):
- Pre-halving ATL : ~$164.
- Halving: ~$650.63
- ATH (1 year later): ~$19,783

Third Halving (May 11, 2020):
- Pre-halving ATL: ~$3,850
- Halving: ~$8,534.67
- New ATH (Dec 17, 2020): ~$23,917

Next halving: April/May 2024. Plan your entry points, consider alts, and remember that the bears last longer than the bull

Will you enjoy the bullrun from bitcoin or altcoins?

Did you DCA or you have to fomo now and possibly get trapped?

My personal conclusion which may be wrong; Technically, we may get to 45k. But Fundamentally, the bullrun has not started. This is pre bull testing. However, the bull is very close . You shouldn't be looking at bitcoin to take position. There are coins that would do 10 to 100x, which bitcoin won't do in the next 18months to 2 years the bull would last

Bitcoin closing prices in October, since 2010

- October 2010: Approximately $0.06
- October 2011: Approximately $4.75
- October 2012: Approximately $11.
- October 2013: Approximately $139.
- October 2014: Approximately $334.
- October 2015: Approximately $242.
- October 2016: Approximately $614.
- October 2017: Approximately $6,620.
- October 2018: Approximately $6,320.
- October 2019: Approximately $9,140.
- October 2020: Approximately $13,800.
- October 2021: Approximately $60,000.
- October 2022 : Approximately $20,535

- How will October 2023 close?

Has the bullrun started ? Is this just a trap?

Do you think the bull run is here or this is just a trap?

How prepared are you for the bull run? What tokens are you holding?

Buy good cryptos as the bull market approaches or do airdrops. Bitcoin is about to make it's last leg down before going skrrrrrrr 🚀👩‍🚀. #bnbburn

You have from now till April/May next year to take position. After then, you may have to jump in cause of FOMO ( fear of missing out)

My approach to trading involves a blend of both technical analysis (TA) and fundamental analysis (FA). I believe that striking a balance between these two methods is crucial for achieving success in the dynamic world of financial markets. By utilizing TA, I can identify key entry and exit points based on market trends and patterns. Simultaneously, FA allows me to delve into economic indicators, news events, and geopolitical factors, providing a comprehensive understanding of the underlying market dynamics. This holistic approach enables me to adapt to changing market conditions and make well-informed decisions, ultimately increasing my chances of successful trading outcomes.

Do you know how FA is done in crypto trading?

https://academy.binance.com/en/articles/a-guide-to-cryptocurrency-fundamental-analysis

Today is NFP news. This will greatly affect the market and determine if we would go up or down. There would be high volatility at the time of the news. It is best to stay off the market while we wait to see how the news impacts the market. Do not enter new short term positions

Non Farm Payrolls (NFP) measures the amount of jobs gained in the U.S. during the previous month that aren't farm related. It is typically released on the first Friday of the new month, and also includes the Unemployment Rate, Average Hourly Earnings, and the Participation Rate.

I'm the master of this game hahaha. playing out fine. Get ready to buy. i will tell you when to buy. For now, set buy orders at 24300. DO NOT JUMP into shorts yet if you missed it at 28k. PAY-TIENCE

Winning Strategies for Crypto Bullruns

Crypto bullruns offer profit opportunities with smart strategies. Learn what they are, triggers, and exit plans.

Bullruns mean rising crypto prices due to high demand. Simplified: prices rise, investors profit.

What triggers the bullrun?

1. Positive Vibes: Good news.

2. Tech Thrills: Blockchain breakthroughs create excitement.

3. Economic Push: Instability, inflation push to crypto.

4. Bitcoin Halving: Scarce supply, rising demand, prices rise.

Smart Exit Plans:

1. Fix Profits: Set goals

2. Gradual Sales: Sell slowly if you've collected cryptos.

3. Auto-Sell Safety: Trailing stop-loss for auto-selling.

4. Track Indicators: Watch trends, indicators for signs.

Navigating Crypto:

Entering before bullruns can be profitable, but timing matters.

Empress of Cryptos 🚀

So far so good... I'm here for you guys. We are shorting from 28500 range to 30k range. You can ladder (DCA) your entries. However, if it doesn't get there and dumps, be ready to buy at 24,300

Scenario 1 for BTC.

We go down from here to 24,300 region before going up

Scenario 2,

we go up first to 27/28k region then dump back to fill the demand at 24,300 region before going up again

Like i said few days ago. Up we go !

Now we go up!

Yes, I have been saying For the past 2 weeks that we are going down, I'm here to tell you that we will get a break. Take your long positions as we head upwards.

Reason for my position ; Bitcoin has hit a demand zone, while USDT dominance has hit a supply zone. This means demand for Bitcoin will increase amd we should retest 28k in a week or two.

Remember to look at the charts and take profits at highlighted zones.

Remember to use good money management. I would be back to update us if there are changes.

Wish you a successful trading week.

Cheers....🍻 👏

If you follow me, this won't be a surprise to you. I've been saying it that we are going down. Anyway, do not worry if you didn't enjoy the ride. I will give you another update soon on our next move. Stay tuned