the bookmaker adjusts, but if you buy, it will still crash
Trade_CH07
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Bearish
🧭Update on BTC and ALT coins💥
There is still no significant buying force, so there are no signs of a rebound. The market has been bleeding for the third day, with a record liquidation of $1.7 billion, highlighting the brutality of the market; it's not easy money in the market.
Altcoins are dropping like cars going downhill without brakes. Fear is starting to overwhelm; if you are seeing your account decrease continuously, what should you do now? First, stay calm. Panic, fear, and worry are normal emotions that everyone has, but do not let your emotions overpower your rationality.
You shouldn't be afraid and sell off; that would be like adding fuel to the fire, causing prices to drop even further. Just stay calm and wait for the market to stabilize. If it truly is a downtrend, there will still be a rebound opportunity to exit.
Looking at chart $BTC on the Day frame, a correction is necessary. The nearest resistance at 92-94k is extremely important; if the candle closes below, it's a total loss. Let's hope the sharks and whales won't dump on us too soon. The scenario is that if the candle closes above resistance, it's normal to hold, but if it closes below and confirms a downtrend, there will be a bounce to entice FOMO into thinking it will go higher, which is an opportunity for us to exit.
Stay calm, traders and holders. Wishing you a pleasant day. Remember to follow me for more interesting insights about crypto.
this is indeed the money printing machine of the MM gang. they just legitimize it by saying ADJUST 🙂
JavisNguyễn
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Has BTC come to an end??? According to the Elliott wave theory, on the monthly frame, BTC is in wave 5, and on the weekly frame, it is also in wave 5. This season, the market seems very surreal, going against most of the knowledge we have from previous seasons. Remember that when the FED lowers interest rates, a recession will occur, and risky assets will be sold off. MM is printing fake USDT to push BTC and then selling it to ETF funds; be cautious with altcoins this season. Don't borrow or go all in FOMO, because if the market crashes, you won't be able to pull your foot out anymore.
Hearing the two adjustment words also makes it clear that MM is pulling the strings. It wants to go up, it goes up; it wants to go down, it goes down. But since we are playing in its home ground, we have to accept its rules.
DN_TIS
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🔥 Why did the market decline today? Will the market continue to decline?
3 simple reasons to explain the volatility of the Crypto market today
1. The trend of taking profits at different stages In each stage of a bull cycle, there will always be a trend of taking profits, as each person's position is different and the profit margins will also vary. Investors and whales tend to take profits when they feel the returns are good enough and will leave to seek new investment opportunities.
2. The market adjusts to balance In any financial market, there will always be opposing buyers and sellers. However, the trend will always exist and operate every day, in smaller time frames, the buyers and sellers need to be balanced to continue a new trend. This adjustment is also necessary for the market after a period of strong growth in the Crypto market.
3. Price manipulation by MM This occurs frequently in the Crypto market; price manipulation is not uncommon. MM drives the price very well after a long accumulation process and then pumps it strongly in the market before leaving very quickly. This price manipulation helps them achieve high profits. Most Hodlers or Traders often fall into psychological traps.
Market adjustments are necessary; there is nothing to worry about. The continued adjustment of the market is also part of the plan but will not be too deep. As the new year approaches, the market will attract many new investors. So relax, everyone.
are we witnessing the biggest scam in the crypto system? check the chart of every coin in 15 min chart you will see identical fall the same time, that's not an action on a single currency. it's a complete market manipulation to sweep small traders, who is behind that?? $GALA $PEPE $SHIB ,👀☝️ one more thing those smart pants who says it's normal and it's the market and I'm new. the 15 min candle is what's all about. 3.5 billion in long contract was liquidated in 15 mins, who has that money now SMART PANTS🫵
For those who think I just arrive 😂😂🤣🤣 I love ⬇️GALA for scalping, and I had my price alert for $0.040x when it was still at $0.058x 😉😉😉😉and when i got it Iwas able to catch some at $0.042, on that particular moment 6 million USDT operated on 15 min candle and I was watching the order book but not even a %10 were executed at the moment 🤔🤔🤔🤔
there are no whales being sold at the same time. it's all a scam by the big players. there's no way they can sell bitcoin while all the other coins are dropping. that is truly unreasonable.
Technical Trading
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What will Happen if all Whales Sell at once😱😱
If all the whales in crypto decided to sell their coins at the same time, the price of cryptocurrencies could drop quickly. This is because when a lot of coins are sold at once, there are too many for buyers to pick up, and the price falls. Smaller investors may panic and sell too, which could cause the price to drop even more. This kind of massive sell-off would make the market very unstable and could lead to big losses for people who bought in at higher prices. It might take a long time for the market to recover, and governments could step in to make new rules to stop such a big event from happening again. In short, if all crypto whales sell at once, it could cause a lot of trouble for the market. what you think about this? Don't forget to comment. Follow for more information 🙂
Bitcoin (#BTC ) is expected to experience significant fluctuations in 2025, with some analysts predicting further price appreciation due to several key factors. $
1. Institutional Adoption: A crucial development influencing Bitcoin’s price trajectory is the increasing involvement of institutional investors. The approval of spot Bitcoin ETFs has already had a positive impact, with strong performance in the market attracting more institutional funds. The upcoming years could see this trend continue as Bitcoin becomes more integrated into traditional financial systems.
2. Macroeconomic Factors: The broader economic environment, especially inflation rates and central bank policies, will play a critical role. If the U.S. Federal Reserve maintains a hawkish stance on interest rates, it could suppress demand for riskier assets, including cryptocurrencies. However, Bitcoin’s perceived safe-haven status might mitigate some of this pressure
3. Halving Event Impact: The 2024 Bitcoin halving is likely to have a delayed impact on the price in 2025. Historically, halving events reduce the reward for miners, leading to a supply shock that can drive prices up due to lower availability of newly mined coins. This scarcity could fuel a bullish market as demand outpaces supply.
4. Long-Term Forecasts: Some high-end forecasts are incredibly bullish, with predictions of BTC reaching as high as $1 million by 2025. This is based on the ongoing trend of increasing institutional interest, improved market infrastructure, and Bitcoin’s potential as a store of value. However, it’s important to note that such predictions are highly speculative and depend on numerous factors.
#SUI🔥🔥🔥🔥 The SUI network has shown bullish momentum in recent months, with significant growth potential indicated by technical analysis and market activity. Historical trends, such as those seen with Solana, suggest that SUI might follow a similar path if market conditions remain favorable. Current technical indicators like the RSI, moving averages, and MACD show a positive trend, with SUI trading above key support levels. If this trajectory continues, analysts predict the price could rise above $4 by 2025 as adoption grows and investor interest increases.
AN IMPORTANT NOTE: TAKE PROFITS BEFORE 12/24/2024. The previous article mentioned the Altcoin season and it has occurred quite quickly and strongly. The index has increased from 41 to 47. When this index reaches 50, the Altcoins wave will surge strongly and last for about 30 days. From now until December 20th. The bottom region coins will rise sharply and have already increased by 20-30% from the bottom of the drop in April 2024. This index will continue to rise strongly towards 50 and above 55 in the timeframe I project and provide upcoming warnings. And AN IMPORTANT NOTE: TAKE PROFITS BEFORE 12/24/2024. Hold USDT to wait for a deep correction and enter orders as well as catch good entries for Altcoins to ride the big tsunami wave for Altcoins from January until the end of March 2025. Why is there an Altcoin wave now, and the story of taking profits before the upcoming 12/24? According to data and the history of previous cycles, the crypto market before 12/24 will have a deep correction, as everyone invests during the period of October-November and the first 3 weeks of December will cash out and take profits guessing Christmas and New Year's 2025. A large and very large amount of money will be withdrawn from the market and exchanges. The projected scenario from now until then is that BTC will break the threshold of 100,000$ or continue to sideways and make slight adjustments up and down like the cycle last night 11/24/2024. And finally, there will be a strong correction of 20-30% from the peak to liquidate LONG positions. At this time, Altcoins will be divided by 3 or 5 times from the price of this increase. BTC's strongest support area is 85K-90K according to the 3D timeframe. All is projection and personal opinion! Last updated: Sun, Nov 24, 2024 @Bitcoinboy-8686 (Personal analysis and sharing information, not financial advice)