Good morning friends! ✋ #Bitcoinrose to $58,500 with the reaction it received from the $53,500 support. The cost zone for corporates investing in#BTCSpot ETF is $55,000… In order not to keep it below that region, serious purchases came from corporates.
Today is#Bitcoinweekly close. We should close above $56,500. If we can maintain this zone until#USinflation data arrives next week, we will jump over $60K again and continue the rise with positive data.
I wish everyone a nice Sunday to spend with their loved ones. 🤲
Good morning friends! ✋ #USNon-Farm employment data announced yesterday was positive, although it was higher than expected. The data, which was announced as 272K last month, was announced as 206K this month.
After the#TDIdata, movement started again in#BTCand there was an inflow of nearly 150 million dollars into#BTCETFs yesterday. #USinflation data will be announced next week. If we consolidate our position above $56,500 until the data is announced, the movement above $60K will start again.
I wish everyone a nice weekend with their loved ones.
A $750 million position was liquidated in the last 24 hours. The majority of Liq traders are those who open LONG trades. However, the unwise ones still continue to open it.
In the intermediate rises that started in the first quarters of 2023 and 2024,#BTCD. brought only 2% and 3% declines and increases of at least 5x - 10x in most of the#altcoinparities. #BTCdominance is now over 55% and#USDTDom. It's heading towards 6%. These indicators show that the expected BULLISH cycle is not over yet.
Everyone is looking for a place to attack because they are at a loss, but I say again, be patient! Until#BTCD. drops from 55% to 40%,#USDTD. drops from 6% to 2%, you will make 10x and 15x profit on top of your minimum cost on the altcoins that you are crying out about as being at a loss!
I have no doubt that I will be rewarded manyfold in return for the losses I have incurred. Anyone who has doubts should not invest, go buy gold and silver.
#MtGox moved 50 thousand#Bitcoinfrom a cold wallet to a new wallet and this transfer brought about a decline. They are manipulating the market very well with#MtGoxtransfers.
I have been trading in this market for 7 years. The only time I saw such a decline was during the pandemic period, it was worse, but there was an extraordinary situation in the world, not only the#cryptomarket but all stock markets crashed.
Now they have used the#MtGoxsale as an excuse and have ruined the altcoins. Greedy thieves made us relive the fall of the pandemic.
The#Cryptomarket is famous for giving back what you buy in a month in 3 days. Don't be afraid, when you fall, you will have a hard time falling, but when you rise, they will make you forget the fall in 3 days!
I swear I'm tired of the comments of these impatient, panicky investors!
Between 2023 and 2024, I have doubled the basket more than 20x and some goods still say they are ruined. While I was earning this money so far, I experienced 50 falls and brought my wallet to this state.
Today I lose 50%, tomorrow I gain more. This is the market, those who don't know, those who don't want to take the risk of loss should go play in the sand.
Most of those who say "BEAR has come, we are bankrupt - we are finished" will sell and run away when the cost comes and when the coin where they sold increases 10x more, they will enter the market at the top again.
Those who are at a loss and are patient should not be afraid. This market will give back in 3 days what it took in 3 months!
While#USstock markets are reaching peak after peak, these movements in#Bitcoinand#altcoinparities are the operations of insatiably greedy stock markets. Although there have been inflows into#BTCspot ETFs from last week to this week, they are suppressing the price on the futures side and going long and short hunting.
If there will be regulations in crypto, these greedy exchanges should come first...
We survived the#Grayscalesales in #Bitcoin, we will overcome the#MtGoxsales too, don't be afraid! If there is a seller, there is also a buyer. #Bitcoinwill surpass $150,000 in 8 months!