sellbtc
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#Short SetUp
I have been doing long-term analysis of the #bitcoin plan since before last year when #btc was still $20k and had reached the target range of $74-76k. That plan indicates that BTC will adjust to the $50-52k area.
You can refer to post 1, currently the price is fully returning to the peak area to create a Doji candle in April 2024 and prepare for the May plan. /2024 adjusted to that area. Most others advise you to go all in or fomo bullish BTC to 100-200k$ but remember, to be able to grow, there needs to be an accumulation period in Having and growth again at the end of this year. Will #sellbtc in May, Big sell or panic sell cause the market to fluctuate so that MM can collect goods? Please wait and follow me to invest in the next potential projects.#bitcoin
I have been doing long-term analysis of the #bitcoin plan since before last year when #btc was still $20k and had reached the target range of $74-76k. That plan indicates that BTC will adjust to the $50-52k area.
You can refer to post 1, currently the price is fully returning to the peak area to create a Doji candle in April 2024 and prepare for the May plan. /2024 adjusted to that area. Most others advise you to go all in or fomo bullish BTC to 100-200k$ but remember, to be able to grow, there needs to be an accumulation period in Having and growth again at the end of this year. Will #sellbtc in May, Big sell or panic sell cause the market to fluctuate so that MM can collect goods? Please wait and follow me to invest in the next potential projects.#bitcoin
BTC Popularity Might Not Be So Good
While there are several reasons to be optimistic about Bitcoin following BlackRock's approval of its Bitcoin Options ETF, it’s worth considering some counterarguments to the key points presented.
Increased Institutional Participation:
While having more institutions involved in Bitcoin could boost its legitimacy, it's not always great for its price. Institutions tend to have short-term profit goals and use complex hedging strategies, which can increase volatility instead of stabilizing the market. Moreover, they often don't engage with Bitcoin directly but through financial products, potentially undermining Bitcoin’s scarcity.Options Trading and Price Volatility:
Adding options to the Bitcoin market could make it even more unpredictable. Traders who don’t actually hold Bitcoin but speculate via derivatives could cause large swings in the price, leading to volatility that doesn't reflect Bitcoin’s true value, but rather short-term market manipulation in the options market.Diverse Strategies:
While options provide more ways to trade and hedge risk, too many complex strategies can make the market confusing for smaller investors. These strategies are often disconnected from the belief in Bitcoin’s actual value and focus instead on exploiting short-term price movements. This could hurt long-term holders if the market is overly volatile due to the influence of large players seeking short-term profits.
In conclusion, while Bitcoin Options ETFs might seem like a step forward, they also bring significant risks, especially in terms of volatility and market manipulation. Increased institutional involvement doesn’t always guarantee a bright future for $BTC.
#bitcoin #MarketDownturn #btc #sellbtc
Increased Institutional Participation:
While having more institutions involved in Bitcoin could boost its legitimacy, it's not always great for its price. Institutions tend to have short-term profit goals and use complex hedging strategies, which can increase volatility instead of stabilizing the market. Moreover, they often don't engage with Bitcoin directly but through financial products, potentially undermining Bitcoin’s scarcity.Options Trading and Price Volatility:
Adding options to the Bitcoin market could make it even more unpredictable. Traders who don’t actually hold Bitcoin but speculate via derivatives could cause large swings in the price, leading to volatility that doesn't reflect Bitcoin’s true value, but rather short-term market manipulation in the options market.Diverse Strategies:
While options provide more ways to trade and hedge risk, too many complex strategies can make the market confusing for smaller investors. These strategies are often disconnected from the belief in Bitcoin’s actual value and focus instead on exploiting short-term price movements. This could hurt long-term holders if the market is overly volatile due to the influence of large players seeking short-term profits.
In conclusion, while Bitcoin Options ETFs might seem like a step forward, they also bring significant risks, especially in terms of volatility and market manipulation. Increased institutional involvement doesn’t always guarantee a bright future for $BTC.
#bitcoin #MarketDownturn #btc #sellbtc
⚠️ Time To Sell’—Serious Bitcoin Price Crash Warning Adds To Crypto Sell-Off 🚨🚨🚨
💡 Bitcoin and crypto prices have fallen sharply along with stock markets—pushed lower by Tesla billionaire Elon Musk issuing a surprise bitcoin price warning.
Unlock over $3,000 in NFT, web3 and crypto perks — Apply now!
The bitcoin price, which topped $100,000 per bitcoin earlier this week, plummeted to around $92,000 despite a Wall Street investment bank making a massive bet on a bitcoin game-changer.
Now, as the bitcoin and crypto market braces for an "imminent" Elon Musk X bombshell, the legendary crypto investor Arthur Hayes has predicted the bitcoin price and crypto market will crash in late March.
Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run.
"Right on schedule, just like almost every other year, it will be time to sell in the late stages of the first quarter ... and wait for positive fiat liquidity conditions to re-emerge in the third quarter," Hayes, a cofounder of bitcoin and crypto derivatives pioneer BitMex who went on to set up the Maelstrom investment fund, wrote in a blog post.
The bitcoin price and crypto market rallies though periods in which dollar liquidity increases and falls as dollar liquidity declines, according to Hayes, who had previously predicted the bitcoin price would collapse around incoming U.S. president Donald Trump's inauguration.
#USJobsSurge256K #AIXBT,COOKIE,CGPTOnBinance #sellbtc
#Write2Earn $BTC $XRP $ETH
💡 Bitcoin and crypto prices have fallen sharply along with stock markets—pushed lower by Tesla billionaire Elon Musk issuing a surprise bitcoin price warning.
Unlock over $3,000 in NFT, web3 and crypto perks — Apply now!
The bitcoin price, which topped $100,000 per bitcoin earlier this week, plummeted to around $92,000 despite a Wall Street investment bank making a massive bet on a bitcoin game-changer.
Now, as the bitcoin and crypto market braces for an "imminent" Elon Musk X bombshell, the legendary crypto investor Arthur Hayes has predicted the bitcoin price and crypto market will crash in late March.
Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run.
"Right on schedule, just like almost every other year, it will be time to sell in the late stages of the first quarter ... and wait for positive fiat liquidity conditions to re-emerge in the third quarter," Hayes, a cofounder of bitcoin and crypto derivatives pioneer BitMex who went on to set up the Maelstrom investment fund, wrote in a blog post.
The bitcoin price and crypto market rallies though periods in which dollar liquidity increases and falls as dollar liquidity declines, according to Hayes, who had previously predicted the bitcoin price would collapse around incoming U.S. president Donald Trump's inauguration.
#USJobsSurge256K #AIXBT,COOKIE,CGPTOnBinance #sellbtc
#Write2Earn $BTC $XRP $ETH
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DOJ Gets Permission to Sell $6.5 Billion Worth of Bitcoin Seized from Silk Road
On December 30, a federal judge granted the U.S. Department of Justice (DOJ) permission to sell 69,370 Bitcoins seized from Silk Road, an illegal darknet marketplace. The ruling marks the end of a long-running dispute over ownership of the Bitcoins.
Case Background
The Bitcoin seized in 2020 came from “Individual X,” an anonymous person who turned the assets over to the government. Silk Road, the platform where the Bitcoins were used, was once a hub for the illegal trade before being shut down by the U.S. government in 2013.
Case Background
The Bitcoin seized in 2020 came from “Individual X,” an anonymous person who turned the assets over to the government. Silk Road, the platform where the Bitcoins were used, was once a hub for the illegal trade before being shut down by the U.S. government in 2013.