#VIDT is in my altcoin basket for the bull season. VIDT ha | İbrahim COŞAR (BİTCOŞAR) on Binance Square

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İbrahim COŞAR (BİTCOŞAR)

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Bullish

#VIDT   is in my altcoin basket for the bull season.
VIDT has been going like a rocket for 2 days.

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Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

VIDT

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The ceasefire agreement between the Israeli government and Hamas was announced, but attacks continued in Gaza. Gaza-based sources announced that at least 73 people were killed in Israel's bombardment. Watch the markets!

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SEC Sues Elon Musk: Delay in Reporting Twitter Shares Acquisition! The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, stating that he failed to timely report his ownership when he acquired more than 5% of Twitter's shares in 2022. According to the claims, Musk exceeded the legal reporting deadline by 11 days, purchasing the shares at lower prices and causing significant financial harm to investors. The SEC argues that this violation breaches federal securities laws and is seeking compensation.

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BREAKING: SEC Sues Elon Musk! The U.S. Securities and Exchange Commission (SEC) claims that Elon Musk failed to disclose that he had acquired more than 5% of Twitter's shares in 2022 in a timely manner. The SEC filed a lawsuit, stating that Musk's actions violated U.S. securities laws. According to the lawsuit filed by the SEC on January 14, 2025, in a federal court in Washington, D.C., Musk began purchasing Twitter shares in early 2022 and had acquired more than 5% of the company's total common stock by March 14, 2022. However, the SEC alleges that Musk did not disclose this within the legally required 10-day period and only submitted his report on April 4, 2022, 11 days later. The SEC argued that this delay allowed Musk to purchase shares at artificially low prices, giving him at least a $150 million advantage. Furthermore, the SEC noted that, after the disclosure on April 4, 2022, Twitter's shares rose by more than 27%. The regulator claims that, due to Musk's failure to disclose the information on time, investors who were unaware of this non-public information sold their shares at low prices, incurring financial losses.

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"Head and Shoulders (H&S)" pattern has formed and broken down in the S&P 500 (#SPX ). The head and shoulders pattern, which is frequently encountered in technical analysis and has a high reliability rate, is considered a significant indicator in trend reversals. This pattern is a strong technical structure that signals the end of an uptrend and the beginning of a downtrend. With its high reliability level, this pattern provides investors with an effective tool for predicting trend reversals. On January 10, 2025, the 5830-5880 support level was broken. Although the week started positively, it closed at 5836 yesterday, failing to break above the horizontal resistance. The 5830-5880 zone can now act as resistance; in other words, this might be a retest movement. Since the support zone was broken, the price target of the H&S pattern has become active. Therefore, unless the price rises above the former support zone, now turned resistance zone, I believe it will drop to the H&S pattern’s price target of 5600. My current price target is 5600. If the 5600 horizontal support is also broken, then it’s game over; the 15-month-long uptrend will be broken. Tomorrow, at 4:30 PM (GMT), the U.S. Producer Price Index (PPI) will be announced. U.S. stock markets will release their data at 5:30 PM (GMT). The PPI is expected to come in at 3.4%; the previous reading was 3.0%. If the PPI comes in above expectations, I anticipate further declines in SPX and Bitcoin. Based on the positive employment and JOLTS data, I believe the PPI might exceed expectations. If it comes in below expectations, the markets will likely price this positively. In this context, I believe tomorrow’s PPI data is very important. Volatility and liquidity sweeps will continue; therefore, avoid using leverage, and if you have already used it, pay close attention to your liquidation levels in both upward and downward movements. #BTC #ETH #XRP $BTC $ETH $XRP

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