I've been trading for almost 17 years, 9 of which have been in cryptocurrency. So far I have seen bull market 3 times and dozens of declines. I started on Wall Street and lived through the global crisis of 2008. I mined bitcoin in 2012 and ethereum in 2015. Experienced its ups and downs before and after the Covid crash when all coins lost 50% of their value every day. Saw the fall of FTX when #BTC lost 40% of its value in a few days. I remember well over those 10 years all the excited talk when Bitcoin was rising and how the mood of the crowd changed when it fell. A time when there weren't all those useless memcoins and other shitcoins and blockchain technology was actually considered something mysteriously innovative, not a means of speculation like it is now. There used to be no fear and greed index, but just like now people had a fear of falling, which turned into panic terror. And after a while it turned into blind optimism and desire to invest the last penny in crypto in the hope of getting rich. That's why I look at the market realistically and without enthusiasm when it grows and without fear when it falls. Right now I see that we are in a correction phase, that's why I'm talking about it. When the time comes, I'll say we're going up... but not now.
#binance #Bitcoin #DeFi $BTC #Ethereum

#altcoins
#dump
Crypto market in a deep trouble‼️

More and more bad news is coming from the regulators. Just the other day, the #Robinhood trading platform reported that they received a Wells Notice, which usually precedes enforcement actions by the U.S. SEC. Prior to that, the #Uniswap exchange received the same notice. Today, The Wall Street Journal ran a story regarding market maker DWF Labs.

They wrote that analysts of #Binance Surveillance found signs of market manipulation by market maker DWF Labs. According to #WSJ the #DWFLabs market maker manipulated the price of the #YGG token and at least six other tokens and made over $300 million on fictitious trades in 2023. That said, #WSJ says in their article that Binance fired the head of oversight after he noted suspicions of market manipulation by DWF. looks like all of this is the beginning or preparation of an attack on DWFLabs.

I am not at all surprised by this. Market makers are in the market just to do pump & dump and transfer liquidity from your wallets to their pockets. I am worried about something else, while on the one hand all banks and funds are talking about the prospects of Bitcoin ETFs and how soon everyone will "Fly to the Moon", on the other hand regulators are tightening the strings around the necks of dubious and not so dubious crypto-players. And that's bad for the crypto market... very bad!

Just in case I remind you that DWFLabs has not critical, but sufficient for FUD shares of tokens in many projects. And also acts as an important market maker (for example, for #TONCOIN and #NOTCOIN).
#BTC #Bitcoin $BTC $YGG

#BTC🔥🔥🔥🔥🔥
#dump
(Under no circumstances should you buy Bitcoin right now) BTC is trapped in a range, and despite its deceptive calmness, if it breaks through any of the strong resistance, be it 59k or 65.5k, it can rush up and liquidate you. As before I am expecting a fall with $53,000 as the first target, however I highly recommend you to refrain from trading now, as it is a dangerous period of fake breakouts that will lead to liquidations of careless traders on both sides.

Be patient and learn to see first, then think, and then ask questions or do something about it. Emotions and haste will ruin you. All the answers to where and when bitcoin will go and which altcoins are better and which are worse from my point of view are in the previous answers to comments. Value your time friends...
#BTC #bitcoin #buythedip $BTC

(The Really Badcoin‼️) This is my first post not about #BTC🔥🔥🔥🔥🔥 . Life itself forced me to take this step and save the lives of thousands of innocent poor people. Every single day I get asked the same questions in the comments:
"Where to invest my money I saved from school lunches?",
"Which altcoin to buy to make x100 in a week?",
"in how many days/hours will PEPE be worth 1$?"

Today I will not answer them, but I will give one recommendation that will definitely save your wallet from the final collapse. I will tell you about the worst token, which attracts so many beginners' eyes and on which you can never make money... Even by accident... Meet three letters covered with pain and tears of thousands of desperate hunters... You may have already guessed from the first three words of my post... Because it's so bad, it's almost impressive.

Meet TRB, or as I like to call it, "The Really Bogus Crypto" Why? Because it's basically a masterclass in manipulation. Imagine this: 90% of #TRB tokens are hoarded by a handful of shadowy figures who play the market like a fiddle. First, they pump up the prices to stratospheric levels, luring in wide-eyed beginners. Then comes the dump, leaving those newbies with empty pockets and broken dreams.

And let's talk price — over $100? Please. TRB’s real value wouldn’t hit $10 even on its best day. It's a classic bubble, filled with nothing but hot air and hype.

While meme tokens are at least upfront about being just for kicks, TRB pretends to be the next big thing. It’s not. It’s a toxic blight on the crypto landscape, misleading, draining, and downright predatory.

So, if you're thinking about TRB, think again. It’s not just a bad investment; it’s a trap. Save your money and your sanity...
#altcoins #BTC #bitcoin $BTC $TRB

#Bitcoin❗️
(Bitcoin's sluggish half-decline continues) So far things are going a little too according to plan, which makes me very confused. Today I wrote that there will be no big moves and since then the price has been frozen in place. I opened the previous chart from my post on May 4 and the price is right between the lines I drew.

I'm not happy when I'm right, I'm happy when I'm wrong... so I'm rarely happy. So once again I am not happy that I am right and price is moving exactly as I thought it would... it's getting boring... Encourage me with your cocky 🐔 comments please while we’re waiting for a drop to 53k😘
#BTC #Bitcoin #Binance #altcoins $BTC

#BTC🔥🔥🔥🔥🔥
(Beware - low volatility!) The BTC price volatility index confirms the end of its growth. The structure of the daily candlesticks suggests a downward reversal of the Index or, at least, a rally. Today's daily candlestick of the Index is still green and incomplete, but there have been no red candlesticks since April 30, so I expect it to be a reversal candlestick.

This means that we should not expect any drastic impulsive movements of more than 6-7% from the current #BTC price rate in the near future. Price can be in a range for the whole of the current week.

The price is between the volume level of $62,987 and the strong resistance of $65,500. Closing of the daily candle is important. If the price closes above it and above the volume level of $64,120, there are high chances for the continuation of growth to $67300. If not, then 53k according to the plan.

In general, it's a range with false upward and downward moves. But globally the correction is not finished.
#altcoins #BTC #Bitcoin $BTC

#BTC🔥🔥🔥🔥🔥
#dump
(Bitcoin is falling into Hell) Friends, I have three pieces of very bad news for you at once. I don't like to upset you, but honesty and trust are the main thing here, so let's get straight to the point. First: Binance deleted my previous post about Bitcoin falling. As a result, it fell by 1k during this time. But I won't stop and say it again - the current rise is just a manipulation so that big players can fix their profits before an even bigger fall.

Secondly: there is only one important level that matters right now, and that is $67,300. If bitcoin goes up and overcomes it, my idea will be invalidated. Even in this case I can say for sure that we should not expect a strong growth of bitcoin and new ATH in the near future, at best there will be a range for a few months.

Third: I already wrote that today I saw a fake account with my name and photo in social platforms. I'll say it again, I'm a lone wolf 🐺 and I don't like publicity... but I don't like scams even more. For over 10 years now I have been making money from trading, algorithms and have several businesses related to it. So I will never ask you for money, and I will never sell scams, everything I give is always free. Good luck and as always, be careful not to be manipulated in or out of the market...
#BTC #Bitcoin #Binance $BTC

(THE END IS NEAR ) If you think now is a good time to buy bitcoin at a good price since it's dropped, you're in deep trouble. This may just be a manipulation designed to trap you into taking profits by the big players on your liquidations. Yes, bitcoin may rise some more, up to $67,300, but if it does it could be the bloodiest bull trap ever, making the previous drops and liquidations seem like an easy walk in the park.

Now there is a desperate struggle for strong levels:
- volume level of $64,120,
- EMA 200 of the 4H TF (price is consolidation under $63,984 for the 8 candle of this TF),
- EMA 50 of the daily TF ($63,899, the most important of the three mentioned resistances).

Bitcoin is locally overbought and now everything really depends on the breakdown or non-breakdown of these three resistances. And another VERY IMPORTANT point: trading in BTC futures on the CME resumes overnight. On Friday they ended at $63,365. This is a "magnet" price for the start of trading. Be careful in the new working week, do not give in to provocations and take care of your balls, the storm is coming...
#BTC #binance #Bitcoin #BullorBear #dump

#BTC🔥🔥🔥🔥🔥🔥
#dump
(strong argument for a fall) Bitcoin is still showing weakness. This is becoming more and more apparent as we get closer to the start of a new work week. All the positive news has already played its role, especially the US labor market. Now it's time for the blowing positivity to dissipate and take a realistic look at things. And things are that we have not fallen enough yet for a new run. Besides, similar situations have happened in the past, when it looked like we were going to go up again, but it kept going down. So the goal for bitcoin is still the same - down to $53,000. Nevertheless, I do not exclude a locational rise to $67,300 where there is a strong resistance. Just in case for those who like masochism, if you sell bitcoin, put small stops just above the resistance level or you will be blown away by a wave during the rise. Better yet, buy some fundamentally strong altcoins on the spot, but only those that have fallen to the bottom. And the best decision is to sit quietly outside the market and wait until the storm is over...
#BTC #binance #Bitcoin $BTC

#BTC🔥🔥🔥🔥🔥🔥
#dump
(decline is still on plan) Sellers are still in control. After studying the 4-hour technical charts and other technical indicators, this becomes clearer. The price is below the resistance lines and the bears have successfully broken several previously noted support levels. BTCUSD is currently following Dow Theory patterns, retesting previous breakout zones. In addition, the monthly chart with a bearish engulfing pattern is also looking towards a continuation of the decline. From a technical point of view, I would expect a continuation of selling with a target of $53,000 after a retest under $59,000 with a decisive break of the support at $56,000. This is all from a technical point of view, which I don't really care much for.

From a fundamental point of view, there is a lot of positive news on Bitcoin right now, which could be a simple manipulation to drive the bulls into a trap and lock in a profit on their liquidity.

Canceling this scenario will happen if we break the $67,300 level. To do this, we will need to break through $64,500 first and consolidate above it. Until then, the decline is a priority. I’m waiting for your poisonous wishes in the comments😉
#BTC #Bitcoin #BullorBear $BTC

#BTC🔥🔥🔥🔥🔥🔥
(Bitcoin in the disaster zone) There are two reasons why the current situation is one of the most dangerous that can occur in the market.

The first is that bitcoin is at a crossroads right now, and is between two levels of billions of dollars worth of liquidations. At the $67,500 level, that's $2.75 billion dollars of seller liquidations. At the $50,000 level, that's 5 billion dollars of buyer liquidations.
New ATH above 74k = 6.1 billion liquidations.

Second reason: big pump before the weekend, after breaking through the strong 59k zone. That is, in just a few days Bitcoin was able to break strong support, consolidate under it, then break back up and consolidate above it. You don't see that very often. And all this on a bunch of small positive news, which are objectively very controversial and can be manipulation.

DANGEROUS RANGES:
$59.5-58.5k - this is where the action starts.
$56.9-52.1k - not scary, but it's better to stay alert.
$52.1-50,000 - apocalypse.

What to do? You can very little by little buy altcoins (especially RWA) on the spot without leverage, because as I said earlier - the first signs of the altcoin season have appeared.

What not to do? Absolutely not trade bitcoin right now, as I still expect it to fall, but I am out of the market myself waiting for buy entry points. Do not trade memcoins and other garbage, as they will fall on any sudden downward movement of bitcoin. Do not sell any alts!
#BTC #binance #Bitcoin #BullorBear $BTC

#BTC🔥🔥🔥🔥🔥🔥
#dump
(first signs of the altcoin season) A great fake pump before the weekend on the US labor market data sent Bitcoin to test resistance at $62,000. At the same time, I'm starting to see a little bit of cash flow away from bitcoin and into altcoins. Now it is happening very cautiously, because the market is scared of the current correction. And I'll tell you, not for nothing, because looking at the drastic rise of trash coins, it's immediately obvious that the crazy meme optimists didn't get enough life lessons. So I think we will still see the storm, it will probably be the last takeaway and it won't be as scary and deep anymore. Nevertheless, I myself am personally starting to buy little by little some strong undervalued altcoins (especially RWA) which are very much oversold and are now at important support levels. For bitcoin, I am still waiting for a decline to 53k, but I think we can rise a bit more. But I don't consider a new ATH and a flight to the moon, although we are in a growing global market, locally we are in a correction, which is not over yet. I meet characters in comments who manage to sell strong altcoins... at the bottom... at strong support levels... Friends, don't be like this, your moms still need you...
#Bitcoin #BTC #binance $BTC $XRP

#BTC🔥🔥🔥🔥🔥🔥
#dump
(you won't read that anywhere else) Bitcoin's trajectory according to "The Bitcoin Power Law Theory". This is an analysis based not on my personal experience, but on a quantum analysis algorithm and time-tested mathematical laws that accurately describe bitcoin's growth for over a decade.

The core tenet? Bitcoin's price, hash rate, and adoption are intricately bound in a perpetual cycle, each growing relative to the other per precise power law relationships.
With Bitcoin retesting $59,000 post-ATH, power laws suggest this pullback could extend further before reversal. At ~600 EH/s hash rate, a $53,000-$56,000 price floor aligns with the theoretical price to square-root-of-hash-rate relationship.

This underscores last month's surge beyond $70,000 as an unsustainable, emotional "bubble" requiring resets before new uptrends. However, these boom/bust cycles are "punctuated equilibria" - temporary deviations from Bitcoin's overarching power law growth curves, ultimately required for equilibrium.
Once this frothy bubble purges, the cubic (t^3) institutional adoption growth can regain footing, positioning Bitcoin for a $65,000-$75,000 range over 3-6 months as power laws reassert.

Then, projecting historic adoption growth rates and price's squared relationship to adoption, Bitcoin trajectories point to $100,000 in late 2025 and potentially beyond $120,000 by mid-2026. The Theory illuminates this path amid cycles - steady adoption driving growth, punctuated by dissolving bubbles. Stay focused on immutable power laws, not transient emotions. Therein lies logic's triumph.

In conclusion: this is a forecast according to quantum algorithmic analysis combined with "The Bitcoin Power Law Theory". It does not take into consideration speculative factors of "ETFs", "Black Swan" and simple human stupidity and greed, which move the market. Anticipating your questions like "I don't understand anything, should I buy or sell", I'll answer: "it's better to wait for now, but I expect it to fall to at least 53k"
#Bitcoin #BTC #binance $BTC

#BTC🔥🔥🔥🔥🔥🔥
#dump
I don't want to upset you, but today unexpectedly arrived several very important and contradictory news, which can definitely affect the further movement of Bitcoin. Following this news, BTC has recovered after falling to $56.5k and is holding around $59,000. This is a very important level that should not be broken up and consolidated above so that the downward trend continues to work.

First of all, the news concerning Hong Kong ETFs. It turned out that Hong Kong crypto-ETFs attracted $292 million on the first day of trading, not $12 million. This is confirmed information. The reason for the discrepancy is that the assets that were invested as initial capital right before the launch were not counted as volume. This is definitely a good driver for BTC growth. But it's still too little...

The second piece of news in support of Bitcoin is that transaction fees on the Bitcoin network have decreased and are now coming to normal. The reason is that the hype around the #Runes protocol is subsiding. Because of which in April Bitcoin updated the historical maximum in the number of transactions per day. This is also a good driver for Bitcoin's growth in the long term, but it is still not enough to break the downward trend....

Bottom line: I think that the current Bitcoin growth is just a local rebound and Bitcoin will still go down to at least $53,000. This news is not enough to change Bitcoin's trajectory in the near future, but it may be enough to start the liquidity overflow into altcoins and create growth drivers for the altcoin season. To be honest, I get too many messages with questions in the comments about where to invest money, which altcoin to choose and how to live further, I will answer briefly - read carefully what I write, so as not to ask me again later. I don't have time to answer all comments even considering the fact that I use an algorithm for this purpose. Appreciate your time my little friends and be patient, this May promises to be interesting...
#BTC #binance #Bitcoin $BTC

#BTC🔥🔥🔥🔥🔥🔥
#dump
(optimism holiday canceled) Yesterday was a very important and difficult day for Bitcoin, which started a new local trend down. The FED rate remained unchanged, Powell's rhetoric was dovish, which should have helped BTC grow. However, Bitcoin made a small local bounce upwards and went down again. Bitcoin also consolidated under the previously impenetrable support at $59,000, which has now become equally impenetrable resistance. If such strong news engines could not help the growth, I am afraid to even imagine what further movement awaits us. One thing is clear: there will be no flight to the Moon. The show is canceled, so you can turn in your tickets and go home...
#BTC #binance #Bitcoin $BTC

#BTC🔥🔥🔥🔥
#dump
(fall gaining momentum) I am not a fan of technical analysis but today is a special day. A big event, as a classic and obvious bearish engulf pattern has formed on the monthly chart of Bitcoin. The pattern consists of two candles, with the second red (bearish) candle completely overlapping or engulfing the body of the previous green candle. It usually appears on the market after a rapid growth and means a price reversal at the top in the opposite direction, i.e. downwards. This is a strong and reliable signal that shows that the strength of buyers has dried up. So I am not changing my target, but I am assuming a small bounce up after a sharp fall before we go lower. By the way, I want to say that I dislike techanalysis because of its subjectivity and misinterpretation of the man looking for signs and hints everywhere. I prefer algorithmic quantum analysis. But today is an exception. I didn't expect much use from candlestick patterns, but even a broken clock is right twice a day...
#BTC #Bitcoin #BullorBear $BTC

#BTC🔥🔥🔥🔥🔥🔥
#dump
(falling exactly as planned) Here we are, breaking strong support in the $59,000 area. No surprises, everything is going strictly according to the plan of the Great Fall I was talking about earlier. The next target for BTC is 53k. Nevertheless, at the bottom there will be a strong buyback, so it will be shaky both ways. Just in case I will repeat for the especially gifted, do not get into the market and wait until at least mid to late May. Though if you are a kamikaze pilot, then only go ahead...
#BTC #binance #Bitcoin $BTC

#BTC🔥🔥🔥🔥🔥🔥
#dump
(the fun is just beginning) Bitcoin is showing weakness as expected. Yesterday I answered in comments that there are no drivers for growth, but there are a lot of arguments for falling. I answered that the Hong Kong ETF is just dust compared to the American ETF and has no influence on the price, at least for now. Who wants to hear - hears, who doesn't want to hear - sits in deep trouble. I will not get tired of repeating for the 20th time that any growth now is just a bull trap for liquidity gathering and profit taking by big market players. But blind optimists cannot be defeated by arguments, so we have what we have. Hundreds of millions of dollars of liquidations in a couple of hours, most of which are buy positions. Lots of liquidations to sell, too. For the especially gifted, I repeat - do not enter the market now unless you have experience of driving an inflatable boat in a 10-ball storm...
#BTC #binance #Bitcoin $BTC

#BTC
#dump
(market turbulent days are coming) Now is the worst time to enter trading positions. Especially dangerous to open buy positions, as the market, despite its deceptive calmness, can surprise you very much. And here are the reasons...

First of all, on April 30, Changpeng Zhao (the founder and former CEO of Binance) will be sentenced. This event is not so clear cut, and I believe that the US may give him a 3 year prison sentence as an example to others. This will negatively affect the cryptocurrency market in general and the price of BNB in particular. On the other hand, positive news on this event will lead to local growth, which I mentioned in my previous forecasts. This will allow Bticoin to grow a bit, gather liquidity and take profits before a further fall.

Secondly, on May 1, there will be the US Fed interest rate decision and labor market data. No interest rate cut is expected and although this is already built into the price, the pressure on risky assets and cryptocurrency remains. This means that the rule 'sell in May and go away' may turn out to be not just a hilarious phrase, but a reality. So I'll say it again - stay away not only from buying, but preferably from selling also until end of May as the market can go both ways on this roller coaster...🎢
#binance #Bitcoin #BullorBear $BTC $BNB