🚨 The US Core Personal Consumption Expenditure Price Index | Crypto De Nostradame on Binance Square

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Bullish

🚨 The US Core Personal Consumption Expenditure Price Index (Yearly) has been announced.
Announced: 2.7%
Expectation: 2.7%
Previous: 2.6%

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Businessman lost 38 million TL to crypto profiteers. It started when a businessman named B.A. living in Ankara contacted a person pretending to be a representative of a cryptocurrency platform. The suspect convinced B.A. with the promise of making high profits. B.A., who first deposited 250 dollars for trial purposes, earned more than the amount he invested in a short time and withdrew his money without any problems. Thereupon, the fraudster called B.A. again for larger investments and offered him the opportunity to earn profits through crypto assets and stocks. B.A., who logged into the platform recommended by the fraudsters, unknowingly caused spyware to be installed on his devices. Thanks to this software, the fraudsters gained access to the businessman's phone, computer and tablet. The suspects, who seized mobile banking applications and credit card information, transferred all the money and credits in his accounts to their own accounts. When B.A. tried to make a transaction to get his money back, he saw that his balance had been reset to zero. Legal process has begun B.A.’s lawyer Betül Akça filed a criminal complaint with the Ankara Chief Public Prosecutor’s Office following the fraud incident. Akça stated that her client was deceived with promises of high earnings and then forced to pay more with fake demands such as “tax fee” and “guarantee fee”. She said that the scammers tried to identify their identities by tracking their transactions through crypto wallet addresses. Akça offered the following advice to those who suffered losses: “It is very important for fraud victims to keep their transaction records, correspondence and transfer information. Such documents provide critical evidence both in the criminal process and in compensation cases. In addition, those who are considering investing should only choose reliable platforms licensed by the CMB.”

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Is Solana's popular memecoin POPCAT on the decline? Popcat (#POPCAT ), which stands out in the super memecoin cycle, has increased by nearly 40 percent in the last month. In the super memecoin cycle that started with Dogecoin (DOGE) reaching the $ 0.40 region, the popular memecoins of the Solana blockchain gained momentum. POPCAT, the cat memecoin of the Solana ecosystem, achieved significant increases in November. POPCAT, which is also listed on Binance's futures, rose to $ 2 on October 13, reaching an all-time high. In fact, POPCAT fell to $ 1.67 two days after breaking the record. AMBCrypto made striking comments about POPCAT in a graphic analysis it published. POPCAT price analysis After dogs and frogs in the super memecoin cycle, cat-themed tokens also started to attract attention. POPCAT, along with MOG and MEW, attracted a lot of attention. According to AMBCrypto’s analysis, the POPCAT price has been in an uptrend in recent days. POPCAT has dominated the 50-day moving average (EMA) and the 100 EMA. The analysis stated that POPCAT, which rose above $ 2 on November 13, could fall to $ 1.7 if it could not hold on to $ 1.99. POPCAT also fell below the support level, creating anxiety. The analysis included the following statements; “A drop below the 50 EMA could weaken the bullish momentum and the popular memecoin could fall to $ 1.2.” Crypto analyst Murad suggested that POPCAT would reach $ 5 despite the recent declines. Murad noted the following; “We expect POPCAT to go ballistic in the coming weeks.”

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Ethereum (ETH) remains weak: Altcoin investors should be on the alert. The #Ethereum price has been quite weak against Bitcoin ($BTC ) due to profit taking and whale activity. Ethereum experienced a strong rally after the US elections and reached $ 3,446. This 20 percent increase made crypto investors happy. However, the increasing profit taking reversed this situation. Selling pressure prevented Ethereum from rising, pulling the price to around $ 3,100. Ethereum's post-election rally carried the pair to its highest levels in several months. However, this momentum soon stalled. Profit taking among investors suppressed the rally, bringing the Ethereum price to $ 3,114. This level currently serves as an important support level. Recent whale movements once again demonstrated the increasing volatility in the market. According to the data, a whale wallet collected 18,049 #ETH in declines. However, large Ethereum transfers to Binance by other large investors indicate selling pressure. For example, two different $ETH whales transferred 11,286 ETH (about $36 million) to Binance, increasing sell signals. Such large transfers to exchanges are usually considered as signals of impending liquidations. Technical indicators for the Ethereum price are showing bearish signals. The Moving Average Convergence Divergence (MACD) indicator is indicating that momentum is waning. Although the MACD line remains above the signal line, the flattening of the histogram bars shows that the bulls are not strong enough. If this momentum continues to weaken, Ethereum’s sell-off could increase further. In addition, the Bull Bear Force (BBP) indicator also reflects similar market sentiment. The readings are showing signs of stabilization after the recent upward move. The failure of BBP to reach new highs suggests that bullish power is not enough to break the $4,000 level. The ongoing decline in BBP values is supporting bearish forces, increasing the risk of a deeper correction if buyers lose control.

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Will Bitcoin Reach $100,000? Michael Saylor, founder of MicroStrategy and Bitcoin maximalist, argued that $BTC will reach $100,000. Bitcoin, which entered a new era with the US presidential elections, has lost momentum in recent days. The BTC price fell by nearly 4 percent in the last 24 hours to $88,000. Speculations increased for BTC, which fell after the US PPI (Producer Price Index) data. Analysts predicted that a potential correction had begun and that $BTC would fall to $60,000. Speaking to CNBC on November 14, Saylor made reference to analysts who expected a decline. Saylor made the following statements; “I don’t think #BTC will fall to $60,000, nor will it go to $30,000. I think BTC will rise from these levels.” Expectations are positive for Bitcoin Michael Saylor said that Donald Trump’s victory in the US presidential elections was positive for the crypto sector. Saylor noted the following; “With Trump’s victory, Bitcoin’s future is set and there seems to be no threat in the near term.” Saylor thinks that the positive atmosphere will continue and BTC will continue to rise. Saylor announced that he will throw a party for the rises in question. Saylor noted the following; “I’m planning a $100,000 party. I think the party will be at my house on New Year’s Eve, so I’d be surprised if we don’t pass $100,000 in November or December.” Material Indicators co-founder Keith Alan, who shares the same opinion as Saylor, argues that BTC could reach $100,000 by November 28. Amidst the positive expectations, striking statements came from CryptoQuant CEO Ki Young Ju. Ki Young Ju warned that BTC could finish the year below $59,000.

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These 5 altcoins are on the verge of a rally: The top name surprised everyone! 1- Ripple (XRP) Rumors that SEC chairman Gary Gensler will leave his post have stirred $XRP . The popular altcoin, which has exploded after a very long time, increased by 15.84 percent. With this rise, #XRP , which has reached the top of the list, naturally surprised its investors. 2- Hedera (HBAR) #HBAR , one of the popular names of the last bull season, has made a comeback. $HBAR , which has shown a performance of 8.91 percent in the last 24 hours, has written its name to the second place on the list. 3- Stellar (XLM) XLM, which took advantage of XRP's rise and attacked, increased by 6.53 percent in the last 24 hours. $XLM , which was included in the list in the third place, may target even higher levels if XRP continues its upward trend. 4- Cardano (ADA) ADA, which stepped on the gas after exceeding a critical level, recorded a 2.68 percent increase in the last 24 hours. #ADA , which has been quite strong lately, is not much affected by the high volatility in BTC. 5- Mantra (OM) #OM , which is seen as one of the potential altcoins of the upcoming bull season, increased by 3.42 percent in the last 24 hours. Although it is at the bottom of the list, OM, which resists Bitcoin, increased its bullish signals.

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