Tommorow HBO documentry about Satoshi Nakamoto is going to be aired.
But do we really want to know who he is? Isn't it nice that his identity is hidden and that is the reason Bitcoin is decentralized.
He hated how online privacy and centralization was eating the world and that is why he created Bitcoin.
Whatever happens tomorrow, don't forget #WeAreAllSatoshi and I hope HBO decumenty states the same.
Even if they have found the identity which I highly doubt, Let's not forget the mission, Decentralization!
About "Money Electric", I feel they are going to share the economic conditions of 2008, the dotcom bubble, the fall of economies, Satoshi emails, people getting and contributing to the Bitcoin project, disappearance of Satoshi and his Bitcoin wallet, and the how the world is currently reacting to bitcoin and how it is supporting many economies.
What do you think what is there in the documenty?
And why do we need to know who the real creator of Bitcoin is?
$BTC Trying to rise up but whales are shorting it.
The "cup & handle" pattern spotted in the hourly chart gives an idea of the rise which is supported by RSI. Hoever, looks like whales are not yet ready to see bitcoin move above $64,000.
Indeed, this is an area of high resistance but already pinned twice, the third hit may allow the price to pass and confirm the support but the risk of whales is always there.
Liquidity heatmap shows, we can witness another correction towards $63,000 however the moving averages are moving in a possition to build a golden cross over in the next few hours.
The market is in confusion, but there are great chances of btc to cross over $64,000 this time.
In case, it gets rejected once again, get ready to witness the $62,800 zone for the support, if failed, next support lies at $61,800.
Let's hope we don't see it again.
We want $66,000 this time.
Correct me if you feel I am wrong and share your views on this analyses.
The only thing SEC can do about Ripple is to extend the legal war.
They filed the appeal, then Ripple will file the appeal. Easily Feb 2025.
Sources says, this war will take another 1.5 to 2 years before ending.
But yeah November elections, and Trump Administration, raises a hope?
Don't be, because they will then say we don't interfare in the legal things, but yes if Ripple comes out clear after everthing we will support and create a nurturing ecosystem for it as well.
In real, $XRP Don't give a shit about all this. Don't look at the price, look at all the things the project XRPL is doing.
There is only growth, XRP changing how cross border payments are settled, now expanding to more financial institutions.
Life of a crypto trader : As soon as he takes a long trade, the crypto starts to DROP.📉 As soon as he takes a short trade, the crypto starts to RISE.💹
{PART -1}
I am 101% sure this has happened with you, and not just one time. Do you know why this happens?
Wrong Timing: A vast majority of trader check the chart when the market is already pumping and dumping.
If it is already happening, you are late, stay away.
But Trader catch FOMO and the brain starts telling "how nice opportunity it is and you should not miss it, let's catch the running train, we might make some money."
The brain will never say, don't try it, you can lose funds as well. That's greed.
Traders should learn to control their emotions or loss is evident!
Let me know if you need more explaination about it. Also second part will come soon, so stay connected!
Watch out for these key zones before you plan your trades.
Red: Resistance Green :Support
Knowledge of these zones plays a very crutial role in trading. The Violet line is the Moving average 200, if price goes under it, recovery would be hard.
This line prevented Bitcoin to fall under $60,200.
The market is in very fearful sentiment, check out for the fear and greed index tomorrow. Today it is at 42, if conditions remain the same, it would be between 20 to 24 in the morning.
What information does your brain process just by looking at this image?
$BTC is falling, you open a short trade and after a few seconds it flip the side and starts to rise.
or if it is moving up, you open a long trade and immediately it starts to fall down?
This is common in market due to incomplete analysis.
Will share some tips to avoid these things, but for now let me share some support points if btc falls below this level.
1. $63,200 is the lastest support but has been tested twice, chances of breaking if gets another hit. Entry of new buys and removal of paper hands is required, the price can go to test 64. If it breaks 👇
2. $62,800 is the next support level, huge possibility to hold and price rebounce.
3. $62,500 Have a good power to hold price fall, buying volume required. Should not be tested with high bear power, its the dam, if broken chances to go down to 60.
4. If above all fails, $ 61,830 A weak support, then there is 60.
I am not a bear, but knowledge of support and resistance is the first level in Technical Analysis.
October 07, 2024 : Confirmation hearing : It is a court proceeding where a judge decides whether to approve or reject a debtor's repayment plan. The judge considers the plan's feasibility, listens to creditors' objections, and asks questions about the plan.
October 22, 2024 : Omnibus Hearing :- Lawyers may argue to exclude specific evidence and the court may hear a variety of matters related to the case.
The small amount creditors may start receiving funds till the end of 2024, however, the creditors with large sums of credits might have to wait a little longer till 2025.