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Graphs with the theory of the future distribution of $BTC using Richard Wyckoff’s method are beginning to gain popularity online. Traders predict another wave of growth to $150K, after which a downward trend may begin with a breakdown of $70K. I will add that the methods or algorithms of “accumulation” and “distribution” really work - absolutely all market-makers are guided by such mechanisms. We can sum it up by saying that the theory is very much alive. Advice:- Understand what “demand” and “supply” are in the market - and you will understand how this world works!
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CZ has recently shared his insights on the cryptocurrency market's future, particularly focusing on 2025. Market Cycles and Bitcoin's Growth CZ has highlighted the historical four-year cycles in the Bitcoin market, noting significant bull runs in years like 2013 and 2017, followed by recovery periods. He suggests that 2024 could serve as a recovery year, potentially leading to substantial growth in 2025. While he stops short of making definitive predictions, his analysis indicates optimism for Bitcoin's performance in the coming years. Bitcoin Surpassing Gold's Market Capitalization CZ has also proposed that Bitcoin has the potential to surpass gold's market capitalization. This perspective underscores his confidence in Bitcoin's long-term value proposition and its role as a store of value in the global financial system. Regulatory Environment and Industry Sentiment In his recent public appearances, CZ has observed a shift in sentiment towards cryptocurrencies, particularly in the United States. He notes that both major political parties are now expressing support for the industry, reflecting a broader acceptance and recognition of cryptocurrencies' significance. Overall, CZ's insights suggest a cautiously optimistic outlook for the cryptocurrency market in 2025, emphasizing the importance of historical market cycles, potential milestones like Bitcoin surpassing gold's market cap, and evolving regulatory sentiments. $BTC #BtcNewHolder
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🤖 AI Predicts $BNB Price by End of 2024 ChatGPT-4 forecasts $BNB at $850 optimistically and $700 pessimistically, citing network growth and token burns as positives, but legal challenges as risks. #2024To2025
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🚨 A Trader Lost $102,000 in 12 Minutes Due to a Binance Alpha Fake News 😱 💡 The crypto world is buzzing with the launch of Binance Alpha—a platform to discover promising projects. But not everything went smoothly. 🚩 🎭 A fake list of 5 tokens supposedly added to Binance Alpha was circulating on Telegram. One of them was #eliza, and that’s where the chaos began. 🌀 🤦♂️ One eager trader acted fast: 1️⃣ Sold 1.76M $ARC (~$170,000). 2️⃣ Bought 1.42M $ELIZA. 3️⃣ Then realized... it was a mistake! It was lowercase letters, not uppercase. 😅 💸 Trying to fix this, the trader sold $ELIZA, losing $59,600, and rushed to buy $ELIZA. But alas! The token's price plummeted after the pump. 🤷♂️ 🎢 In the end, he sold those tokens too, losing another $43,000. Total damage? A whopping $102,000 in 12 minutes.
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👀 $BTC Accumulation Continues On December 17, the $BTC balance on Binance dropped to 558,022 BTC, marking a new low since the beginning of 2024. 🤔 Analysts note that similar $BTC reserve reductions have occurred before. In March 2024, this led to a 90% price surge to a new ATH. If history repeats itself, BTC price could reach $180k 🤑 #BtcNewHolder Do you hold BTC? Yes -🔥 No - 🗿
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