Eric Finman.
The youngest cryptocurrency millionaire in the world, is now 19 years old and holds 403 BTC, valued at $2.8 million based on current rates. He began investing in Bitcoin at the age of 12, using $1,000 given by his grandmother, which was originally intended for college savings. His decision to invest in cryptocurrency instead proved to be a highly successful one.
ALTSEASON 2.0 UPDATE
A lot of you guys are asking me
if when will be the next ALTSEASON.
Well, here's my answer....
ALTSEASON moves in PHASES.
PHASE 1:
This phase starts before the halving.
It is where the ALTCOINS started to
rally just before the HALVING event.
PHASE 2:
This phase is considered as a PAUSE.
It is where ALTCOIN normally have a
PULLBACK. But once it breaks the
previous peak, we will see the next
phase.
PARABOLIC 1:
This phase shows strength. A strong
PARABOLIC move can be observed in
ALTS. It is observed in a short period
with massive gains. ALTS can do 2x-5x
in this rally.
PULLBACK:
This phase is a short relief. This is to
make sure that there will be a second
rally.
PARABOLIC 2:
This phase is not as strong as the first,
but it gives you additional gains in your
ALTS. This can be your final chance to
sell your ALTS if you haven't taken any
profit in the first rally.
****
Where are we right now?
The chart shows that we are still in the
middle of PHASE 2. This means we can
still add some ALTS to our bags before
PARABOLIC PHASE starts.
When is ALTSEASON?
We can't exactly pinpoint the exact date.
But according to previous data, we can
assume around Nov to Dec 2024.
That's it for now.
Make sure to hit the like and bookmark
this post so you can come back to it in
the future. Also, drop your top 3 ALTS
that you are planning to BUY. I'll read
the comments.
#Alts #Marketupdate #BTC $BTC $ETH
{future}(ETHUSDT)
Here are several cryptocurrencies with promising growth potential, though not necessarily guaranteeing 1000x returns:
1. **Solana (SOL)** - Known for its high speed and scalability, Solana is quickly developing a robust DeFi ecosystem.
2. **Polkadot (DOT)** - This interoperability protocol has significant potential for connecting diverse blockchains.
3. **Cosmos (ATOM)** - With its scalable and modular approach, Cosmos is actively expanding its ecosystem.
4. **Chainlink (LINK)** - As a leading decentralized oracle network, Chainlink is crucial for linking smart contracts with real-world data.
5. **Cardano (ADA)** - Recognized for its strength and scalability, Cardano is making strides in DeFi and NFT development.
6. **Polygon (MATIC)** - As a layer-2 scaling solution for Ethereum, Polygon is experiencing growing industry adoption.
7. **Avalanche (AVAX)** - Known for its speed and decentralization, Avalanche is steadily broadening its ecosystem.
8. **The Graph (GRT)** - A major player in decentralized data indexing and querying, essential for blockchain applications.
9. **NEAR Protocol (NEAR)** - Offering scalable solutions, NEAR is gaining attention for its innovative approach to blockchain technology.
While these cryptocurrencies may not promise explosive returns, their solid fundamentals and expanding ecosystems position them for steady and impactful growth.
#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves
đ„đ„đ„ We Asked #chatgpt if Tron ($TRX ) Can Hit an ATH This Year
TRX Surges Past $0.16, Nearing All-Time High Amid SunPump Protocol Activity
TRX, the native token of Tron, recently surged above $0.16, making it the 11th largest cryptocurrency by market capitalization, driven in part by the SunPump protocol. The tokenâs price is now edging closer to its all-time high, with future growth hinging on market dynamics and potential partnerships.
TRXâs Impressive Rally
TRX has been one of the top-performing cryptocurrencies lately, with its price surpassing $0.16 for the first time since April 2021. The market cap soared to nearly $14 billion, propelling TRX to the 11th spot, ahead of Cardano ($ADA ).
The token's resurgence aligns with key developments in the Tron ecosystem, including the mid-August launch of SunPump by Sun.io, a platform associated with Tron founder Justin Sun.
This protocol allows users to create meme coins quickly, leading to a surge in network activity. Among these, SUNDOG, a Tron-based meme coin launched on August 16, rapidly achieved a market cap of over $200 million.
Justin Sun highlighted Tronâs liquidity as a key factor in the success of this meme coin boom, emphasizing the strong demand for meme coins among USDT TRON holders & the protocolâs advantages like fast transactions & native MEV protection.
Is TRX Gearing Up for a New ATH?
Following its recent rally, TRX is closing in on its all-time high of $0.23, set in January 2018. ChatGPT suggests that the token's potential to reach a new peak by the end of 2024 will largely depend on the broader cryptocurrency marketâs performance, investor sentiment, and competition from other blockchain platforms. Additionally, potential partnerships & technological advancements within the Tron ecosystem could further boost TRXâs value.
Many X users remain optimistic, with some predicting that TRXâs bullish momentum will continue, possibly leading to a retest of the $0.14 resistance level before a push toward a new all-time high.
Source - cryptopotato.com
#BinanceSquareTalks
đ Bitcoin is PumpingâBut Could a Drop Be Next?
Bitcoin is on the rise, but is this the calm before the storm? There are whispers that Bitcoinâs ultimate goal is to pave the way for a one-world digital currency, potentially under the control of major banks and institutions. Some even speculate that this tech has otherworldly origins, introduced by mysterious entities like the Greys and Reptilians. These beings, not known for their smarts, rely heavily on AI to guide their actions.
But let's focus on the charts. Right now, Bitcoin is forming a symmetrical triangleâa sign that the price is approaching a critical decision point. Given the current downtrend, we could be looking at a potential drop ahead. To safeguard your gains, it might be wise to consider selling BTC.
From an Elliott Wave perspective, the previous jump from 49k to 62k appears to be nothing more than an ABC correctionâa three-wave structure showing signs of weakness. The outlook is similarly bleak for ETH and other altcoins.
đš Don't miss out on the discussion! đš
Visit my profile, cast your vote, and let me know your thoughts in the comments. And donât forget to follow for more insightsâbecause trading doesnât have to be hard when you have the right guidance! Hereâs to smart trading and even smarter profits.
#CryptoMarketMoves #BinanceBlockchainWeek #raibasit
Bitcoin Smashes Through $64,000 đ„
[Plese don't forget to vote me to day](https://app.binance.com/uni-qr/cpro/imran_raii?l=en&r=104591637&uc=web_square_share_link&us=copylink)
đš Bitcoin has done it again! The leading cryptocurrency surged past the $64,000 mark, driven by optimism surrounding potential Federal Reserve rate cuts in September. With prominent voices like Anthony Pompliano and Robert Kiyosaki predicting a
$100,000 BTC by yearâs end, the market sentiment is bullish. đ
đ What's driving this? The anticipation of favorable monetary policies, coupled with increasing institutional interest, has fueled Bitcoin's latest rally. Are we on the brink of another BTC all-time high?
Donât miss out on the action â keep your eyes on Bitcoin!
#Bitcoin #BTC #CryptoMarket #Bullish
ALTSEASON 2.0 UPDATE
A lot of you guys are asking me
if when will be the next ALTSEASON.
Well, here's my answer....
ALTSEASON moves in PHASES.
PHASE 1:
This phase starts before the halving.
It is where the ALTCOINS started to
rally just before the HALVING event.
PHASE 2:
This phase is considered as a PAUSE.
It is where ALTCOIN normally have a
PULLBACK. But once it breaks the
previous peak, we will see the next
phase.
PARABOLIC 1:
This phase shows strength. A strong
PARABOLIC move can be observed in
ALTS. It is observed in a short period
with massive gains. ALTS can do 2x-5x
in this rally.
PULLBACK:
This phase is a short relief. This is to
make sure that there will be a second
rally.
PARABOLIC 2:
This phase is not as strong as the first,
but it gives you additional gains in your
ALTS. This can be your final chance to
sell your ALTS if you haven't taken any
profit in the first rally.
****
Where are we right now?
The chart shows that we are still in the
middle of PHASE 2. This means we can
still add some ALTS to our bags before
PARABOLIC PHASE starts.
When is ALTSEASON?
We can't exactly pinpoint the exact date.
But according to previous data, we can
assume around Nov to Dec 2024.
That's it for now.
Make sure to hit the like and bookmark
this post so you can come back to it in
the future. Also, drop your top 3 ALTS
that you are planning to BUY. I'll read
the comments.
Invest $1,000 Today: These 3 Altcoins Could Turn It Into $1 Million by 2024
Here are three altcoins that have caught attention for their growth potential. Keep in mind that investing in cryptocurrencies involves risks, and market conditions can change quickly. Here are the three altcoins to watch:
1. **CYBRO**: This DeFi platform has drawn the interest of crypto whales, with its token presale raising over $1.6 million. Experts predict a potential ROI of 1200%. CYBRO tokens are currently available in presale at just $0.03 each, and the project offers staking rewards, airdrops, cashback, reduced fees, and an insurance program.
2. **Solana (SOL)**: Solana is known for its scalability and support for decentralized apps, offering fast transaction speeds and support for various programming languages. Unlike other platforms, it doesnât rely on sharding or second-layer solutions, making it a strong contender in the growing blockchain ecosystem.
3. **Shiba Inu (SHIB)**: Inspired by Dogecoin, SHIB is an Ethereum-based meme coin that gained credibility after sending half of its tokens to Vitalik Buterin, who burned a significant portion and donated the rest to charity. SHIB has ambitious plans for decentralized applications, NFTs, and a governance system.
Remember to do your own research and assess your risk tolerance before investing. Cryptocurrencies can be volatile, and returns are not guaranteed. If you're uncertain, consult with a financial advisor. đđ
#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek
$BTC is pumping, but will it dump?
Youâve probably heard that Bitcoinâs ultimate goal is to become a global digital currency controlled by banks and large institutions. There are even rumors that this technology was introduced by mysterious, unfriendly beings like Greys and Reptilians. Fortunately, these entities arenât very intelligent and depend heavily on artificial intelligence, which now guides their actions.
Now, letâs shift our attention to Bitcoinâs recent price movements and what could happen this month. A symmetrical triangle pattern is forming, suggesting that the price is approaching a crucial decision point. Given the overall downtrend, thereâs a strong chance that the price could drop. To protect your investments, it might be wise to consider selling BTC.
From an Elliott Wave perspective, the previous rise from $49k to $62k was just an ABC correction with a three-wave structure, showing signs of weakness. Iâm also bearish on ETH and most altcoins, as the outlook doesnât appear promising.
Support us and vote for me! Visit my profile to claim your reward. đ
#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek
đ Bitcoin Blasts to $65K! đ
After days of sideways trading, Bitcoin finally broke free and soared to $65,000 for the first time since August! đ
Two major factors seem to be driving this $5,000 daily surge. First, the US Federal Reserve's recent hints at lowering interest rates have excited the market. Chair Jerome Powell's speech at the 2024 Jackson Hole Economic Symposium suggested a potential rate cut in September. đ
Secondly, the US presidential election cycle is heating up. Robert F. Kennedy's endorsement of Donald Trump, a known Bitcoin supporter, has added fuel to the fire. đ„
Stay tuned as BTC continues to ride this wave! đ
BTC/USDT
1. **Price Action**:
- The price is trading at $64,016, showing a recent drop from around $64,500.
- The candles indicate a potential bearish trend forming, with consecutive red candles.
2. **Moving Averages (MA)**:
- MA(7) at $64,103.25 (yellow line) is close to the current price, acting as a short-term resistance.
- MA(25) at $64,144.37 (pink line) is above the price, indicating downward pressure in the short term.
- MA(99) at $63,728.70 (purple line) is acting as a support level.
3. **Volume**:
- The volume appears lower than in previous bars, which could indicate weakening momentum.
4. **MACD**:
- The MACD line is below the signal line, and both are in the negative zone, suggesting bearish momentum.
- The histogram shows declining momentum, but no signs of a reversal yet.
5. **RSI**:
- RSI(6) at 37.06 indicates a slight oversold condition, though not extreme.
- RSI(12) at 43.32 and RSI(24) at 49.35 show neutral to slightly bearish momentum.
### Conclusion:
- The short-term trend looks bearish with price trading below the moving averages, and the MACD indicating downside momentum.
- Watch for support around the MA(99) at $63,728.70. If the price breaks below this level, further downside is possible.
- A reversal might require a breakout above the MA(7) and MA(25), coupled with increased volume and bullish signals from the MACD and RSI.
đĄ How to Trade in This Market: Buy During Fear, Sell During Euphoria
This weekend, the markets took a significant hit, with the Dow, S&P 500, and Bitcoin all facing substantial losses. The S&P 500 dropped over 1,000 points, Bitcoin fell below $49,000, and Japanâs Nikkei 225 index saw its worst decline since 1987. Itâs a tough environment for traders, and many are unsure whether to jump in or stay on the sidelines.
Pear Protocol founder HUF offers some advice: When fear dominates the market, itâs a signal to start buying. In contrast, when euphoria takes hold, itâs time to sell. He sees the recent market turmoil as the ideal situation to apply this strategy.
Markets have been trending downward since April, and with volatility on the rise, many traders are getting caught trying to time their moves. Instead, HUF emphasizes focusing on trading psychology. When fear is at its peak, assets are often oversold, presenting a buying opportunity. On the flip side, when the market is euphoric and everyone is rushing to buy, itâs likely that prices are inflated, signaling a time to take profits.
In these uncertain times, itâs not about chasing trends but staying disciplined. The key to navigatingâand succeedingâin this environment is having a clear plan: buy when fear is rampant and sell when the market is riding high on euphoria. Often, the best opportunities arise when things seem at their worst.
#MtGoxRepayments #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves
đš $PYTH is breaking out of a Descending Channel pattern on the 1D chart, which is typically a bullish reversal signal.
đ Entry Point: $0.32 to $0.35
đŻ Targets:
$0.41
$0.55
$0.75
$1.00
đ Trading Options: $$PYTH s available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $0.28.
đ About $PYTH:
PYTH (Pyth Network) is a decentralized financial market data platform that provides high-fidelity financial data to smart contracts on a sub-second timescale, aiming to serve a wide array of blockchain networks with accurate and reliable information.
đą DYOR, NFA
#Crypto #Bitcoinâ $PYTH
{future}(PYTHUSDT)
đ Los memes de Tron estĂĄn arrasando: Âż$SUNDOG es el prĂłximo gran Ă©xito? đ¶
El silencio en el mercado fue interrumpido por Justin Sun, Tron y su promociĂłn. Seguro que ya has oĂdo hablar de esto, y si no, ÂżquĂ© haces en el mundo cripto? đ€
Resulta que tenemos un nuevo meme que estĂĄ ganando popularidad: $SUNDOG, que alcanzĂł una capitalizaciĂłn de $100 millones en unos pocos dĂas. De hecho, TRON DAO mismo lo ha promocionado.
đ° Pero lo mĂĄs interesante es que, en comparaciĂłn con otros como $WIF, $PEPE y demĂĄs, $SUNDOG podrĂa multiplicar su valor por 10-15 veces, ya que su capitalizaciĂłn es de solo $200 millones.
Yo personalmente ya he comprado un poco de esta moneda para ver cĂłmo va. En ningĂșn caso es una recomendaciĂłn financiera, siempre DYOR.
đš A 25% tax on unrealized capital gains has been proposed by Kamala Harris. Imagine you buy shares for $100,000, and their value rises to $150,000. Under this plan, youâd owe taxes on the $50,000 gain, even though you havenât sold the shares or made any actual profit. Now, imagine the stock's value drops back to $100,000 the following year. The gain you were taxed on has disappeared, but youâve already paid a 25% tax on a gain that no longer exists, leaving you with a financial loss and no real benefit. Taxing unrealized gains would force investors to sell off assets to cover their tax bills, hurting long-term investment and economic growth. This approach isnât just risky; it could lead to a stock market crash and another Great Depression. Whatâs your opinion on this? Share your thoughts below.
#Elections2024 #kamalaHarris #TrumpCryptoSupport $BTC
đđąđđđšđąđ§âđŹ đđĄđ«đšđ§đ đđ đđąđŹđ€? đđđĄđđ«đđźđŠâđŹ đđąđ„đđ§đ đđąđŹđ đšđš
[đđčđ¶đ°đž đđČđżđČ đđŒ đ©đŒđđČ](https://app.binance.com/uni-qr/cpro/cryptonexus_btc?l=en&r=274085328&uc=app_square_share_link&us=copylink)
Bitcoinâs dominance in the cryptocurrency market may be nearing its end, according to insights from Brian Armstrong, CEO of Coinbase. Armstrong suggests that Ethereum could soon surpass Bitcoin in market capitalization, a phenomenon known as "the flippening." The Ethereum network's versatility, particularly its smart contract capabilities, has fueled this speculation, with many seeing Ethereum as the backbone for future decentralized applications.
Armstrongâs comments add to the ongoing debate about Bitcoinâs long-term position in the crypto hierarchy. While Bitcoin remains the most recognized and widely held cryptocurrency, Ethereum's broader utility and active development community provide a strong foundation for its potential to overtake Bitcoin. The market has already seen Ethereum gradually close the gap in recent years, bolstered by the rise of DeFi and NFTs, both of which rely heavily on the Ethereum network.
$BTC $ETH $BNB
{future}(BTCUSDT)
{future}(BNBUSDT)
{future}(ETHUSDT)
#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #BinanceBlockchainWeek #LowestCPI2021
Seeing the market so green really lifts the spirit đ». Why should we always be the ones feeling down? Let the short-sellers have their turn to worry! Powell's hawkish speech yesterday brought some life back into the market, and it looks like a rate cut in September is almost certain.
This year, weâve witnessed some major developments that have caused significant ripples across the crypto market. The approval of #BTC and Ethereum spot ETFs has given the market a strong boost, while the FED's monetary policies have also played a key role in shaping market dynamics.
In particular, the start of the rate cut process initiated by FED Chairman Powell has seen Bitcoin break through the $63,300 resistance level, marking an important milestone. As long as it stays above this level, the $70,000 target comes into focus. In September, the #FED is expected to make a 25 basis point rate cut.
While this cut might lead to a short-term pullback in the markets, itâs likely to be followed by another upward trend. The developments weâve seen this year are critical steps that will shape the future of the crypto markets. #PowellAtJacksonHole
Wishing everyone plenty of gains đž.