Yesterday i shared this post depicting that it is most likely going down, and here it is, $SOL going down as $BTC also goes down leading the trend, the last#pump was a false one, leading to fast failure as showcased by the chart..
$SOL possibly this down trend shared earlier is inevitable as it is currently happening 1st picture from recent post 2nd now. let's see where the bottom is before taking any action..
keep in mind, exchange market is down, bitcoin is going down, what else do you expect from he est of crypto?
$SOL ETF has not been approved yet, yesterday's bullish was just a hype after the proposal... now we'll be back to retests and trying to find the final bottom ... $BTC $ETH
$SOL all depends on $BTC after today's Biden Trump debate ... what will happen, no one knows, I'm going to sleep it's 5 am my time, waking up 10 to see what happened .. either the quick uptrend again, or oscillating downwards on the tunnel .. #Whaletraders what will they do?
$SOL possibly this down trend shared earlier is inevitable as it is currently happening 1st picture from recent post 2nd now. let's see where the bottom is before taking any action..
keep in mind, exchange market is down, bitcoin is going down, what else do you expect from he est of crypto?
$SOL all depends on $BTC after today's Biden Trump debate ... what will happen, no one knows, I'm going to sleep it's 5 am my time, waking up 10 to see what happened .. either the quick uptrend again, or oscillating downwards on the tunnel .. #Whaletraders what will they do?
$SOL it's not about the ETFs of yesterday, nor any breakout news, did you see the Biden vs Trump live debate? $BTC is breaking down now after the news .. whales are shorting also.. what can we do in regards to the market sentiment? leave trades and observe, buy at the bottom where it crashes again..?
$SOL $BTC Biden talks it falls, Trump talks it's up a funny thing happening with crypto haha
anyway, we fell to 146, time to buy for me guess, are you? it's going to break upwards check this post out..
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Onchain Research - TheDatafi
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Bullish
📌 Maybe you shouldn't miss: D. Trump and J. Biden are currently debating 👨💻 New Action from Smart Money
According to Polymarket, Donald Trump's winning probability in this election round is up to 66%. The probability of this former president mentioning Crypto in today's debate is up to 43%.
Currently, Smart Money has brought $MAGA back to the top 24hr accumulation list. 😬
If the statements of the two candidates pave the way for crypto, the #PoliticalMemes ecosystem could make a comeback. 🕺 ----------- 23 minutes ago, Smart Wallet 0xbb151 bought more $62K worth of $MAGA
While the US market is abuzz with the Debate between #donaldtrump and #JoeBiden , this Smart wallet genxcrypto1.eth has dared to buy $MAGA.
This wallet previously made a profit of +$84.53K (+19.7%) with $MAGA and is currently buying more. What do you think about this action?
$SOL I actually and honestly do believe after this ETF thing today, and on the long run if trump wins the next elections, the crypto market will be on a rampage of a bullrun as trump supports crypto in the us ... $BTC $ETH
let's wish for the best, even if anything breaks on us 🎸
if biden prevails on the debait btc will follow the blue trend confirming the shoulders, rolling back, imo then possibly moon if no bad news are out.. If trump prevails btc will follow the yellow trend with an ascendance thanks to the market hype, and possibly moon a bit from there...
$SOL shoulders forming... Now we need to check $BTC the deal breaker ... - past days we had wrong imo - today a big failed breakout attempt, just pumps.. - most likely btc will not reach 62k after this.. - kept squeezing up to the wick before new york session - If 62k gets hit, expect a pullback from there, a sell off is mandatory ...
I'm not doing any trade unless i see a right entry.. don't go emotionally hyped for an entry on false breakouts ... trade safely.
- On the 4h time frame, two reversing candles indicating a bearish trend. 🔻 - On the one day time frame a closing candle indicating a bearish trend. 🔻 - The Government of the United atates of America, after the approval of the judge, moved 4000 bitcoins to their Coinbase wallet and sold like what germany did to cause the crash🔻 - A false imo is most likely indicating bearish🔻 - War in the middle east is ascending 🔻 - A COVID replica is mentioned to have appeared in France 🔻 ... check the world news, have a look at the FUD also, it's most likely going down..
An other one! Please have a read on the recent post shared indicating the reasons behind this quick crash.
if you want you can short.. but i honestly do not advise you to do anything other than wait for the bottom, then long from there, that's the wisest thing to do, observe the market, and more importantly WATCH THE NEWS!
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Defrank
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Bearish
🔥Will the United States Government sell its Bitcoins?
A few minutes ago the #bitcoins belonging to the United States Government were moved to Coinbase Prime, which could indicate a possible sale, according to the on-chain data shown in @Arkham Intelligence.
The United States government has moved 3,940 #BTC☀ (approximately $240 million USD) to the deposit address of #coinbase Prime. These Bitcoins were confiscated from Banmeet Singh in a court case in January 2024.
Currently the United States Government has 213,546 BTC on its balance sheet. Remember that a few days ago the German Government was also moving its Bitcoins to sell them.
👉Do you want to continue learning about the crypto world? Share and follow me for more 👈😎 $BTC
A good read on today's news, again we may see a bearish crypto market, I've also been doing some readings on $BTC $ETH & $SOL
where all broke 3 support levels.
again have a good read here, do your own research, AND DO NOT FORGET TO FOLLOW NEWS!
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Mundo Crypto Gratis
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BTC Price: Bear Market and its Recovery
The recent drop in Bitcoin price ( #BTC ) is due to several interrelated factors that have affected both traditional and cryptocurrency financial markets. 1. Monetary Policy and Interest Rates: * The main cause of Bitcoin's recent decline is the increase in interest rates by the US Federal Reserve (#FED). * The FED has increased rates to combat high inflation, which has generated risk aversion among investors and led to the sale of riskier assets, including Bitcoin and other cryptocurrencies (CoinDesk) (Clarin.com) .
don't be fooled, the down trend is still on going, a false breakout on $BTC is the reason you're seeing an up trend, if you're going long or short with high leverage take your profits and leave until we realize where bitcoin's bottom is..
want more intel?
* a war may breakout in the middle east this week that will cause a bigger downtrend on btc, and as we all know, the bearish rallye..
* Two days ago us-made drone missile reached Russia, a bigger scale war may breakout..
(pray for the innocent, god protect)
* be wary of the whales long and short traps
* safe guard your assets with wise trading and no feelings involved.