downtrendBTC
183,343 views
56 Discussing
Hot
Latest
Will #bitcoin be worthless in 10 years?
Nobel Prize in Economics eugene f. fama believes Bitcoin will become worthless if it has no practical utility.
In a podcast called "Capital is Not" 2013 Nobel Prize in Economics eugene f. fama says cryptocurrency is like a puzzle, because it breaks the basic rules of conventional economics. According to him, for a currency to survive for a long time, its value must be stable. Bitcoin's value rose so high that it became acceptable as a viable medium of exchange. He said that a currency that fluctuates so much in value can never be long-term. So he thinks the value of Bitcoin could drop to zero within the next decade.
What is your opinion?
#BTC
#downtrendBTC
#BTCNextATH?
#BitcoinWhaleMove
Nobel Prize in Economics eugene f. fama believes Bitcoin will become worthless if it has no practical utility.
In a podcast called "Capital is Not" 2013 Nobel Prize in Economics eugene f. fama says cryptocurrency is like a puzzle, because it breaks the basic rules of conventional economics. According to him, for a currency to survive for a long time, its value must be stable. Bitcoin's value rose so high that it became acceptable as a viable medium of exchange. He said that a currency that fluctuates so much in value can never be long-term. So he thinks the value of Bitcoin could drop to zero within the next decade.
What is your opinion?
#BTC
#downtrendBTC
#BTCNextATH?
#BitcoinWhaleMove
BTC—自由:
If it is true, I will buy tens of thousands of them as collections🤭🤭🤭
Crypto is going down.
trade with Trend
$btc will go down to support zone
short time opportunity for short selling.
I am going to take a short position
for 1 -6 days
$BTC $XRP $ETH
#short #downtrendBTC #downtrend
trade with Trend
$btc will go down to support zone
short time opportunity for short selling.
I am going to take a short position
for 1 -6 days
$BTC $XRP $ETH
#short #downtrendBTC #downtrend
#Over570KLiquidations 💥 #MarketCorrection 🚨
Could this be one of the most coordinated moves the crypto market has ever seen? A quick look at the 1-hour chart of multiple cryptocurrencies shows an eerie pattern—sharp drops happening simultaneously across the board. This isn’t a simple sell-off in a single asset; it’s a clear sign of market manipulation designed to wipe out smaller traders. But who’s really pulling the strings here? 🤔
What stands out: in just ONE hour, over $3.8 billion 💸 in long positions were liquidated. This isn’t just another day of “market volatility”—this is an engineered crash, carefully timed to flush out leveraged positions and funnel profits to the big players. 💼 You could call it random, but the synchronized nature of this drop? That’s not a coincidence. 🔍
The real question: Where did that money go? Who’s profiting from the pain of thousands of traders? 😤 This isn’t about being a novice; it’s about recognizing when market manipulation is staring us in the face. 👀
Stay vigilant. 🛑
#Market_Update 📉 #downtrendBTC
Could this be one of the most coordinated moves the crypto market has ever seen? A quick look at the 1-hour chart of multiple cryptocurrencies shows an eerie pattern—sharp drops happening simultaneously across the board. This isn’t a simple sell-off in a single asset; it’s a clear sign of market manipulation designed to wipe out smaller traders. But who’s really pulling the strings here? 🤔
What stands out: in just ONE hour, over $3.8 billion 💸 in long positions were liquidated. This isn’t just another day of “market volatility”—this is an engineered crash, carefully timed to flush out leveraged positions and funnel profits to the big players. 💼 You could call it random, but the synchronized nature of this drop? That’s not a coincidence. 🔍
The real question: Where did that money go? Who’s profiting from the pain of thousands of traders? 😤 This isn’t about being a novice; it’s about recognizing when market manipulation is staring us in the face. 👀
Stay vigilant. 🛑
#Market_Update 📉 #downtrendBTC
Alt Coins Decline Reason (IncludingXRP)!!!
The cryptocurrency market has seen a sharp downturn in the last 24 hours, with Bitcoin (BTC) dropping below the 100K mark and Ethereum (ETH) losing 5% of its value. This sudden sell-off has resulted in 532 million in liquidations, according to data from Coinglass. As a result, major altcoins have also suffered, with XRP (XRP), Stellar (XLM), and Hedera (HBAR) all declining by over 6%.
A key reason behind this decline can be seen in Bitcoin dominance, which is showing a crucial technical pattern. The BTC dominance 4-hour chart has formed a classic rising wedge pattern since January 13. This pattern has played out with higher highs and lower lows, and on January 30, BTC dominance finally broke below the wedge at 59.40%.After the breakout, BTC dominance initially fell to 58.62% but then rebounded for a retest, which took it back to 59.71% today before settling at 59.64%. This retest of the previous support now acting as resistance seems to have triggered the altcoin correction.
If BTC dominance confirms this rejection and resumes its downtrend, it could signal a quick recovery for altcoins. A confirmed pullback from here would validate the breakdown of the rising wedge, potentially leading to a strong bounceback for XRP, XLM, HBAR, and other altcoins in the coming days.
However, traders should closely monitor BTC dominance. A further decline would signal a shift back towards altcoin strength, but if BTC dominance fails to pull back and instead breaks above this resistance, it could invalidate the bearish wedge pattern. This might indicate market manipulation, leading to continued pressure on altcoins.
Thankyou and Thanks for your time
#BitcoinReserveWave #chartpattern #Xrp🔥🔥 #altcoins #downtrendBTC $XRP
$BTC
The cryptocurrency market has seen a sharp downturn in the last 24 hours, with Bitcoin (BTC) dropping below the 100K mark and Ethereum (ETH) losing 5% of its value. This sudden sell-off has resulted in 532 million in liquidations, according to data from Coinglass. As a result, major altcoins have also suffered, with XRP (XRP), Stellar (XLM), and Hedera (HBAR) all declining by over 6%.
A key reason behind this decline can be seen in Bitcoin dominance, which is showing a crucial technical pattern. The BTC dominance 4-hour chart has formed a classic rising wedge pattern since January 13. This pattern has played out with higher highs and lower lows, and on January 30, BTC dominance finally broke below the wedge at 59.40%.After the breakout, BTC dominance initially fell to 58.62% but then rebounded for a retest, which took it back to 59.71% today before settling at 59.64%. This retest of the previous support now acting as resistance seems to have triggered the altcoin correction.
If BTC dominance confirms this rejection and resumes its downtrend, it could signal a quick recovery for altcoins. A confirmed pullback from here would validate the breakdown of the rising wedge, potentially leading to a strong bounceback for XRP, XLM, HBAR, and other altcoins in the coming days.
However, traders should closely monitor BTC dominance. A further decline would signal a shift back towards altcoin strength, but if BTC dominance fails to pull back and instead breaks above this resistance, it could invalidate the bearish wedge pattern. This might indicate market manipulation, leading to continued pressure on altcoins.
Thankyou and Thanks for your time
#BitcoinReserveWave #chartpattern #Xrp🔥🔥 #altcoins #downtrendBTC $XRP
$BTC