.44 cents soon then back down to 30 then to 2 cents.
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CryptoMinnow
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$POL is dead failed. I see this going to a few cents. Keeping some for my nft games and things like that but nothing to be seen here. Final call on $pol is a few cents maybe .03 cents. #cryptobro
$POL is dead failed. I see this going to a few cents. Keeping some for my nft games and things like that but nothing to be seen here. Final call on $pol is a few cents maybe .03 cents. #cryptobro
I believe this is the last buying opportunity in altcoins. This dip now should be the last bearish movement in altcoins. There is demand, the market will see an upward flow.
Feels like #altseason has already happened. Likely not much more upside from here. If you made a new high feel good. Most money is already rotating out of alts again and back to $BTC . Long term none of these alts have any value so it’s better to take profits and get the real thing, $BTC . Remember everything goes to 0 against Bitcoin. Seeing the flows of tether, charts, momentum all pointing that alt season is done , dead, no life, so don’t waste your money. Hundreds of times down side with maybe a 100 to the upside, less likely. You might get your pump, just make sure you get clear and are not holding for the long term. Of the 50k coins in crypto, only 100 might survive. Sooner the market consolidates and theses fake liquidity drainers are gone. We get an influx of new users who instantly lose everything buying fake assets with no value. That’s 95% of crypto right now. Still a lot growing up to do, mostly dominated by the brahs. My call is a little more upside for btc to 125k max, maybe some little pump in alts but the momentum is down. Most things have been in a down trend for 4 years. We should get a pop but if you couldn’t get out now when will you. Likely never. Stay vigilant. #cryptobro
$BTC coming to upper level of the range, could get to 125k. 115k looks like the area to me. if we get a major pump before Christmas, that will be the top. Left leaning top, 1 in 4 years and hasn’t been one for 3 years. Be interesting to see. So I have about 20% of upside from here, do with that what you will. #cryptobro #bullrun2024📈📈
No retail here yet. Just the same people that have been here for the last 5 years. No bull market happening until they can take the “dumb” money $BTC #cryptobro
$BTC trying to flip the resistance to support in the third knock. Getting a bullish retest for #fullmoon blastoff. #cryptobro Did you buy? For the full moon like I told you?
If you go to sleep, I wouldn’t leave it open. If you are siting and watching maybe put it on. The bad thing about a hard limit is the market makers see everything and will come .
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EL-SHADDAI
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Hard Stop Loss vs Manual Stop Loss? What to Do 🤔
You open a trade, confident you’ll manually close it at the next 4H candle close. You go to sleep. When you wake up, surprise! A massive liquidity grab has wicked through your trade, leaving you with a bigger loss than expected—or worse, no account to trade with.
Sound familiar? If not (yet), trust me, it will. That’s why I never leave a soft stop loss and always use a hard stop loss. Here are 10 reasons why: 1. Protects Against Volatility: Crypto moves fast, and a hard stop keeps you safe from sudden spikes or dips. 2. No Surprises While You Sleep: Your risk is controlled even when you’re away from the screen. 3. Avoids Emotional Mistakes: A hard stop takes emotions out of the equation. 4. Prevents Account-Wiping Losses: Keeps you from losing more than you can afford. 5. Handles Liquidity Grabs: Placing stops with a buffer avoids falling prey to fake-out wicks. 6. Simplifies Risk Management: Losses stay predictable and under control. 7. Saves Time: You don’t need to babysit your trades. 8. Eliminates Human Error: Hard stops don’t rely on you being available. 9. Reinforces Discipline: Keeps you committed to your strategy. 10. Future You Will Thank You: Protecting your capital is protecting your future.
My Advice for Placing Stops
Always set stop losses with a buffer. Avoid obvious levels like just below support or above resistance—these are magnets for liquidity grabs. Instead, look for less conventional placements to give your trade some breathing room while keeping your risk low.
The bottom line: Hard stop losses aren’t just about protecting your account—they protect your mindset, discipline, and long-term success.
They sent the btc to different wallets for security. Now they have thousands of layers of security instead of holding them all in one wallet. One hack and it’s all gone. NP
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PepessoCryoto
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BlackRock just sent 100k $BTC to hidden wallets‼️
Many afraid they will dump $1B worth of $BTC, So I've analyzed their latest approach to see what they do. I was shocked, when I found out their REAL plan 🧵👇
⬇️⬇️ Last time when BTC whales dumped their assets it went down 30%. 2 days ago, BlackRock transferred 100k $BTC to multiple wallets. So I decided to research all the possible scenarios, let's break them down.
Currently, there are only 2 scenarios that can happen: — BlackRock will sell — They are just manipulating retail And each has its own pros and cons. ⬇️ Will BlackRock start selling? Right now, BlackRock is sitting at a huge profit from BTC. They don't publically disclose their average entry price on BTC. But if you look at the accumulation phase where they filled their wallets. The price may vary from $30k-$40k per coin.
Most of you remember when Germany and MT Gox dumped their holdings. At that time, they sold $9B worth of BTC. Which dipped the price from $72k to $54k.
But the dump didn't happen due to their sell alone. When the asset has $20B daily volume, a $9B dump shouldn't result in -25%. That happened due to retail panic, which led to a massive retail sell-off. ⬇️ During the last week, many people started to believe in this bullrun. And even on BTC, we see a lot of buy orders in the $100k range. This may be the best time to shake off weak hands from the market.
But these transfers can be seen as retail manipulation. Yesterday they mentioned how much % their investors need to own in BTC. It's the first time they told their clients about direct crypto ownership. Offloading into their own clients can negatively affect their reputation.
In conclusion, I will say: Right now is not the best time to enter the market. The market will keep the bullish trend, but we will see a lot of sell-offs. And new opportunities to enter will appear. Don't rush things up, and get smarter every day. ⬇️ Thank you for reading! If you found this article interesting, make sure to follow me for more valuable content 📈 And don't forget to like & repost
$BTC cost of production over 105k. Miners will lose for every btc mined now so either major increases or they go bankrupt. Will cause them to sell all btc they get. Which is likely to happen, at the same time hearing about shortages of supply on exchanges. A
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Binance News
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Bitcoin Mining Costs Rise in Q3 Amid Economic Challenges
According to Odaily, a recent report by CoinShares reveals that the average cash cost for publicly listed Bitcoin mining companies increased to $55,950 in the third quarter, marking a 13% rise from $49,500 in the second quarter. When accounting for non-cash expenses such as depreciation and equity incentives, the average mining cost reaches $106,000.
The report identifies three primary factors contributing to the rise in mining costs. Firstly, the surge in interest in artificial intelligence has diverted funds that could have been used for mining company expansion. Secondly, some mining companies have adopted a HODL strategy, focusing on holding Bitcoin rather than expanding their operations. Lastly, the increase in electricity costs during the summer in Texas has impacted production costs for mining companies in the region.
In terms of individual company performance, Marathon emerged as the mining company with the lowest cash costs, benefiting from increased Bitcoin production and tax incentives. TeraWulf saw a significant reduction in costs, dropping by 20%, due to a 92% decrease in debt expenses, placing it third in the rankings. Despite improvements in operational efficiency, Riot fell to seventh place.