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🚨Why Terra Luna Classic (LUNC), USTC Prices Crashed Amid Massive 6.5 Bln LUNC Burn
In the last 24 hours, Terra Luna Classic has seen significant developments impacting the community. Over 6.5 billion LUNC tokens were burned following announcements from Terraform Labs CEO Chris Amani. This move, aimed at reducing supply and increasing community pool holdings, has sparked intense trading activity.
🔥 **Key Highlights:**
- **Token Burn:** Terraform Labs initiated a substantial burn of LUNC and USTC tokens from their wallets, totaling over 6.5 billion LUNC tokens.
- **Market Impact:** This led to a sharp decline in LUNC's total and circulating supply, accompanied by a surge in trading volumes, which rose by over 600%.
- **Price Movement:** LUNC experienced a significant price drop of over 19%, currently trading at $0.00007486, with fluctuations indicating active trader interest.
- **Community Response:** Despite the sell-off, confidence remains high among Terra Luna Classic members, buoyed by upcoming developments like Tax2Gas implementation.
🌍 As the situation evolves, we continue to monitor market dynamics closely. Stay tuned for more updates and join the conversation on the future of Terra Luna Classic!
#TerraformLabs c #LUNC #CryptoNews🚀🔥
In the last 24 hours, Terra Luna Classic has seen significant developments impacting the community. Over 6.5 billion LUNC tokens were burned following announcements from Terraform Labs CEO Chris Amani. This move, aimed at reducing supply and increasing community pool holdings, has sparked intense trading activity.
🔥 **Key Highlights:**
- **Token Burn:** Terraform Labs initiated a substantial burn of LUNC and USTC tokens from their wallets, totaling over 6.5 billion LUNC tokens.
- **Market Impact:** This led to a sharp decline in LUNC's total and circulating supply, accompanied by a surge in trading volumes, which rose by over 600%.
- **Price Movement:** LUNC experienced a significant price drop of over 19%, currently trading at $0.00007486, with fluctuations indicating active trader interest.
- **Community Response:** Despite the sell-off, confidence remains high among Terra Luna Classic members, buoyed by upcoming developments like Tax2Gas implementation.
🌍 As the situation evolves, we continue to monitor market dynamics closely. Stay tuned for more updates and join the conversation on the future of Terra Luna Classic!
#TerraformLabs c #LUNC #CryptoNews🚀🔥
🔥🔥🔥 Analyst Predicts: US to Face Its Own ‘Bank of England’ Debt Crisis Prior to Elections
Analyst Warns of a Potential Crisis for U.S. Debt with Steep Yield Increases
Otavio Costa, Macro Strategist at Crescat Capital, has issued a warning about looming issues for the U.S. economy ahead of the upcoming presidential elections. On social media, Costa highlighted the deteriorating liquidity of the U.S. government securities index, noting that it is at its lowest levels since the 2011 European debt crisis.
Costa emphasized the concerning nature of this situation, particularly given the significant interest rate differentials between the U.S. and other developed economies. He suggested that the U.S. might be heading towards its own "Bank of England" moment. This term references the sharp increase in treasury yields experienced by the UK in September 2022, following announcements of over $57 billion in unfunded tax cuts, which raised concerns about the UK's debt sustainability.
Costa also pointed out that the traditional 60/40 investment portfolios, which allocate 60% of funds to equities and 40% to bonds, might begin to shift some of their allocation towards assets like gold. This shift aims to build defensive structures against upcoming imbalances, leveraging the stability of safe-haven commodities.
The warnings about an impending debt crisis are not new. Earlier this year, other analysts and experts have voiced similar concerns. In January, #robertkiyosaki cautioned about the ballooning U.S. debt, advising investors to buy gold, silver, and bitcoin. In March, Mike Novogratz, CEO of Galaxy Digital, suggested that the government should raise taxes and cut spending to avert a debt spiral crisis.
These insights underline the growing apprehension about the U.S. economic outlook and the potential need for significant fiscal adjustments to ensure stability.
Source - news.bitcoin.com
#CryptoNews🚀🔥 #BinanceSquareTalks #CryptoUpdate🚀🔥
Analyst Warns of a Potential Crisis for U.S. Debt with Steep Yield Increases
Otavio Costa, Macro Strategist at Crescat Capital, has issued a warning about looming issues for the U.S. economy ahead of the upcoming presidential elections. On social media, Costa highlighted the deteriorating liquidity of the U.S. government securities index, noting that it is at its lowest levels since the 2011 European debt crisis.
Costa emphasized the concerning nature of this situation, particularly given the significant interest rate differentials between the U.S. and other developed economies. He suggested that the U.S. might be heading towards its own "Bank of England" moment. This term references the sharp increase in treasury yields experienced by the UK in September 2022, following announcements of over $57 billion in unfunded tax cuts, which raised concerns about the UK's debt sustainability.
Costa also pointed out that the traditional 60/40 investment portfolios, which allocate 60% of funds to equities and 40% to bonds, might begin to shift some of their allocation towards assets like gold. This shift aims to build defensive structures against upcoming imbalances, leveraging the stability of safe-haven commodities.
The warnings about an impending debt crisis are not new. Earlier this year, other analysts and experts have voiced similar concerns. In January, #robertkiyosaki cautioned about the ballooning U.S. debt, advising investors to buy gold, silver, and bitcoin. In March, Mike Novogratz, CEO of Galaxy Digital, suggested that the government should raise taxes and cut spending to avert a debt spiral crisis.
These insights underline the growing apprehension about the U.S. economic outlook and the potential need for significant fiscal adjustments to ensure stability.
Source - news.bitcoin.com
#CryptoNews🚀🔥 #BinanceSquareTalks #CryptoUpdate🚀🔥
🚀 $LISTA Ready for Flight! Targeting 0.8! 🚀
$LISTA caused a huge stir with its listing on Binance Square! After launching at 0.60, it soared to 0.81 and is currently trading at 0.6354. Despite a rapid decline, I am confident that $LISTA will rise again to 0.8! Early investors saw impressive returns, earning approximately $23 on a $7 trade.
Meanwhile, $NOT remains steady at 0.015, showing no signs of breaking out. With a daily transaction volume reaching $212 million, we're eagerly watching $NOT's next moves.
$FET is also on the rise! Despite pulling back from 1.74, its potential remains high, promising further gains.
📉📈 Don’t miss out! Click on the charts below to earn a 5% commission discount on your trades!
Stay tuned and make informed decisions! 🌟
#Lista #CryptoTrading #InvestSmartly #CryptoNews🚀🔥 #TradingTips
$LISTA caused a huge stir with its listing on Binance Square! After launching at 0.60, it soared to 0.81 and is currently trading at 0.6354. Despite a rapid decline, I am confident that $LISTA will rise again to 0.8! Early investors saw impressive returns, earning approximately $23 on a $7 trade.
Meanwhile, $NOT remains steady at 0.015, showing no signs of breaking out. With a daily transaction volume reaching $212 million, we're eagerly watching $NOT's next moves.
$FET is also on the rise! Despite pulling back from 1.74, its potential remains high, promising further gains.
📉📈 Don’t miss out! Click on the charts below to earn a 5% commission discount on your trades!
Stay tuned and make informed decisions! 🌟
#Lista #CryptoTrading #InvestSmartly #CryptoNews🚀🔥 #TradingTips
$BTC
What did I say??
The exact level reached and retracing from that level! We are here to teach you this kind of stuff!
Love you all!
Hope you noticed it!
#btc #bitcoin #TopCoinsJune2024 #CZBİNANCE #CryptoNews🚀🔥
$ETH $BNB
What did I say??
The exact level reached and retracing from that level! We are here to teach you this kind of stuff!
Love you all!
Hope you noticed it!
#btc #bitcoin #TopCoinsJune2024 #CZBİNANCE #CryptoNews🚀🔥
$ETH $BNB
LIVECrypto Bull 3
--
$BTC
And we started!
Next stop might be ~65900
I try to catch even small small moves!
#bitcoin #BTC #altcoins #TopCoinsJune2024 #CZBİNANCE
$ETH $BNB
And we started!
Next stop might be ~65900
I try to catch even small small moves!
#bitcoin #BTC #altcoins #TopCoinsJune2024 #CZBİNANCE
$ETH $BNB
🚀 Binance Phase II #Megadropevent Concludes! 🚀
Here's the breakdown:
👉 27.734 points = 1 $LISTA
👉 1,000 points = 36.32 tokens per person
Based on the pre-market price of around $0.57, each person will get $20.70. It took just 5 minutes, with zero cost, turning 150 yuan into a super-sized pork trotter rice! 🐷🍚
This period, 890,000 people received the minimum living allowance—double the previous period. However, these are minor points. The real focus is on pledged $BNB, which played a major role.
$LISTA, considered a Binance product, raised $10 million from Binance Labs. The project's fundamentals are strong, but the early airdrop pressure is significant. At a price of $0.57, the circulating market value is $114 million, with a total market value of $570 million—very low compared to many new coins on Binance.
This makes $LISTA a coin to watch and look forward to!
Stay informed and keep an eye on the market! 🌟
#Lista #CryptoTrading #InvestSmartly #CryptoNews🚀🔥
Here's the breakdown:
👉 27.734 points = 1 $LISTA
👉 1,000 points = 36.32 tokens per person
Based on the pre-market price of around $0.57, each person will get $20.70. It took just 5 minutes, with zero cost, turning 150 yuan into a super-sized pork trotter rice! 🐷🍚
This period, 890,000 people received the minimum living allowance—double the previous period. However, these are minor points. The real focus is on pledged $BNB, which played a major role.
$LISTA, considered a Binance product, raised $10 million from Binance Labs. The project's fundamentals are strong, but the early airdrop pressure is significant. At a price of $0.57, the circulating market value is $114 million, with a total market value of $570 million—very low compared to many new coins on Binance.
This makes $LISTA a coin to watch and look forward to!
Stay informed and keep an eye on the market! 🌟
#Lista #CryptoTrading #InvestSmartly #CryptoNews🚀🔥
👉👉👉 Curve (#CRV ) Bounces 40% From All-Time Low As Whales Go On Shopping Spree
Curve Finance's CRV Token: Recent Price Movement and Analyst Outlook
Curve Finance's CRV token recently experienced a significant 30% price drop following the liquidation of the CEO's lending positions, which exacerbated market volatility. This decline saw CRV plummet nearly 40% to an all-time low of $0.20 from its previous range of $0.35-$0.37. Despite initial concerns, Curve Finance took swift action to stabilize the token's price, leading to a weekend recovery that briefly reclaimed the $0.30 support level.
However, early this week, CRV slipped below this support, trading between $0.27 and $0.29. By Tuesday afternoon, positive momentum returned, with CRV recording nine consecutive hourly gains. As of the latest update, CRV has rebounded by over 40% from its low, briefly touching above $0.355 and currently trading around $0.33.
Whales seized the opportunity during the dip, accumulating over 50 million CRV tokens worth approximately $19.4 million. Notably, five of these whales were first-time accumulators, signaling renewed interest post-recovery.
Analysts remain bullish on CRV's future. Trader Follis expects strong performance, suggesting CRV could lead the way in doubling from recent lows despite the initial price drop.
CrediBull identified a bullish 5-wave pattern in CRV's price action, setting a near-term target of $2. Trader Sanchez also anticipates a significant bounce, interpreting the recent dip as part of a broader bullish trend.
Despite recent volatility, CRV has shown resilience and continues to attract positive forecasts from analysts, indicating potential for significant growth in the near future.
Source - newsbtc.com
#CryptoTrends2024 #BinanceSquareTalks #CryptoNews🚀🔥
Curve Finance's CRV Token: Recent Price Movement and Analyst Outlook
Curve Finance's CRV token recently experienced a significant 30% price drop following the liquidation of the CEO's lending positions, which exacerbated market volatility. This decline saw CRV plummet nearly 40% to an all-time low of $0.20 from its previous range of $0.35-$0.37. Despite initial concerns, Curve Finance took swift action to stabilize the token's price, leading to a weekend recovery that briefly reclaimed the $0.30 support level.
However, early this week, CRV slipped below this support, trading between $0.27 and $0.29. By Tuesday afternoon, positive momentum returned, with CRV recording nine consecutive hourly gains. As of the latest update, CRV has rebounded by over 40% from its low, briefly touching above $0.355 and currently trading around $0.33.
Whales seized the opportunity during the dip, accumulating over 50 million CRV tokens worth approximately $19.4 million. Notably, five of these whales were first-time accumulators, signaling renewed interest post-recovery.
Analysts remain bullish on CRV's future. Trader Follis expects strong performance, suggesting CRV could lead the way in doubling from recent lows despite the initial price drop.
CrediBull identified a bullish 5-wave pattern in CRV's price action, setting a near-term target of $2. Trader Sanchez also anticipates a significant bounce, interpreting the recent dip as part of a broader bullish trend.
Despite recent volatility, CRV has shown resilience and continues to attract positive forecasts from analysts, indicating potential for significant growth in the near future.
Source - newsbtc.com
#CryptoTrends2024 #BinanceSquareTalks #CryptoNews🚀🔥
Solana (SOL) Highlights : June 19, 2024
Today, Solana continues to make headlines with several key developments:
1. PayPal's Integration with Solana: PayPal has announced the launch of its USD-pegged stablecoin, PYUSD, on the Solana blockchain. This integration leverages Solana’s speed, security, and cost-effectiveness to facilitate near-instant global settlements and low-cost transactions.
2. Ecosystem Growth and Partnerships: The Solana ecosystem is expanding with significant partnerships. Helium, for instance, is now utilizing Solana to power its decentralized wireless network, significantly reducing operational costs. Additionally, the Solana Pay plugin, which integrates with Shopify for USDC payments, is gaining traction and saving merchants substantial transaction fees.
3. Market Performance: Solana's market performance has been robust. Despite past network outages and concerns about token distribution, Solana has managed to maintain its reputation as a high-performance blockchain and a formidable competitor to Ethereum. The current circulating supply stands at approximately 260 million SOL tokens out of a total planned release of 489 million.
Overall, Solana's advancements in integrating with mainstream financial systems and expanding its ecosystem demonstrate its ongoing potential and resilience in the crypto market. Stay tuned for more updates as Solana continues to innovate and grow within the blockchain space.
$SOL
#Solana_Blockchain #CryptoNews🚀🔥
Today, Solana continues to make headlines with several key developments:
1. PayPal's Integration with Solana: PayPal has announced the launch of its USD-pegged stablecoin, PYUSD, on the Solana blockchain. This integration leverages Solana’s speed, security, and cost-effectiveness to facilitate near-instant global settlements and low-cost transactions.
2. Ecosystem Growth and Partnerships: The Solana ecosystem is expanding with significant partnerships. Helium, for instance, is now utilizing Solana to power its decentralized wireless network, significantly reducing operational costs. Additionally, the Solana Pay plugin, which integrates with Shopify for USDC payments, is gaining traction and saving merchants substantial transaction fees.
3. Market Performance: Solana's market performance has been robust. Despite past network outages and concerns about token distribution, Solana has managed to maintain its reputation as a high-performance blockchain and a formidable competitor to Ethereum. The current circulating supply stands at approximately 260 million SOL tokens out of a total planned release of 489 million.
Overall, Solana's advancements in integrating with mainstream financial systems and expanding its ecosystem demonstrate its ongoing potential and resilience in the crypto market. Stay tuned for more updates as Solana continues to innovate and grow within the blockchain space.
$SOL
#Solana_Blockchain #CryptoNews🚀🔥
News:
Michael Saylor's MicroStrategy now holds 226,331 #Bitcoin worth $14.7 billion.
#btc #CryptoNews🚀🔥 #TopCoinsJune2024 #CZBİNANCE @CZ this getting better and better
$BTC $ETH $BNB
Michael Saylor's MicroStrategy now holds 226,331 #Bitcoin worth $14.7 billion.
#btc #CryptoNews🚀🔥 #TopCoinsJune2024 #CZBİNANCE @CZ this getting better and better
$BTC $ETH $BNB
These are my 7 Favourite Narratives For The Bull Run 📈
🤖 AI : $XNA $RNDR $TAO $VRA
🔑 Privacy : $ZEPH $AZERO $ZANO $ROSE
🔠 GambleFi : $RLB $WINR $BAZED
🎮 Gaming : $NAKA $GFAL $GGG $PZP
🪙 De-Fi : $CHNG $KUJI $LINK
1⃣ L1 : $TRIAS $INJ $KAS $DIONE
🏡 RWAs : $RIO $LEOX $PROPC $NXRA
My followers will get rich in this bull run, you will not regret following me. #crypto
Which one do you think will lead the Bull Market? 🤔
#BTC #altcoins #bitcoin #TopCoinsJune2024
#CryptoNews🚀🔥
🤖 AI : $XNA $RNDR $TAO $VRA
🔑 Privacy : $ZEPH $AZERO $ZANO $ROSE
🔠 GambleFi : $RLB $WINR $BAZED
🎮 Gaming : $NAKA $GFAL $GGG $PZP
🪙 De-Fi : $CHNG $KUJI $LINK
1⃣ L1 : $TRIAS $INJ $KAS $DIONE
🏡 RWAs : $RIO $LEOX $PROPC $NXRA
My followers will get rich in this bull run, you will not regret following me. #crypto
Which one do you think will lead the Bull Market? 🤔
#BTC #altcoins #bitcoin #TopCoinsJune2024
#CryptoNews🚀🔥
Bitcoin News - June 18, 2024
As of June 18, 2024, Bitcoin is experiencing significant market movements. The current price of Bitcoin has dropped to $64,000, marking its lowest point in a month. This decline follows a broader market sell-off influenced by several factors including outflows from U.S.-based spot Bitcoin ETFs and hawkish comments from Federal Reserve officials.
✨VanEck to Launch Bitcoin ETF in Australia✨
In a positive development, VanEck has announced the launch of Australia's first Bitcoin ETF on the Australian Securities Exchange (ASX). This move is expected to increase institutional participation in the Bitcoin market and provide a new avenue for investors seeking exposure to Bitcoin without directly purchasing the cryptocurrency.
✨Bitcoin Mining Innovations✨
Bitcoin mining continues to evolve with new technological advancements. NiceHash and Marathon Digital Holdings have released a new firmware for Bitcoin mining, aiming to enhance efficiency and profitability for miners. This update reflects the ongoing innovation in the Bitcoin mining industry to address energy consumption and operational costs.
✨South Africa Embraces Bitcoin Payments✨
South African retailers are increasingly adopting Bitcoin as a payment method. Recent reports indicate that the country's Bitcoin payment systems have reached a significant milestone, processing over R1 million in monthly transactions. This growing acceptance of Bitcoin in everyday transactions underscores the cryptocurrency's expanding role in global commerce.
✨Market Sentiment and Future Outlook✨
Despite the recent price dip, some analysts remain optimistic about Bitcoin's long-term potential. Market experts suggest that while short-term volatility is likely, the broader adoption and technological advancements in the Bitcoin ecosystem could pave the way for future price recoveries and sustained growth.
$BTC
#BTC☀ #CryptoNews🚀🔥
As of June 18, 2024, Bitcoin is experiencing significant market movements. The current price of Bitcoin has dropped to $64,000, marking its lowest point in a month. This decline follows a broader market sell-off influenced by several factors including outflows from U.S.-based spot Bitcoin ETFs and hawkish comments from Federal Reserve officials.
✨VanEck to Launch Bitcoin ETF in Australia✨
In a positive development, VanEck has announced the launch of Australia's first Bitcoin ETF on the Australian Securities Exchange (ASX). This move is expected to increase institutional participation in the Bitcoin market and provide a new avenue for investors seeking exposure to Bitcoin without directly purchasing the cryptocurrency.
✨Bitcoin Mining Innovations✨
Bitcoin mining continues to evolve with new technological advancements. NiceHash and Marathon Digital Holdings have released a new firmware for Bitcoin mining, aiming to enhance efficiency and profitability for miners. This update reflects the ongoing innovation in the Bitcoin mining industry to address energy consumption and operational costs.
✨South Africa Embraces Bitcoin Payments✨
South African retailers are increasingly adopting Bitcoin as a payment method. Recent reports indicate that the country's Bitcoin payment systems have reached a significant milestone, processing over R1 million in monthly transactions. This growing acceptance of Bitcoin in everyday transactions underscores the cryptocurrency's expanding role in global commerce.
✨Market Sentiment and Future Outlook✨
Despite the recent price dip, some analysts remain optimistic about Bitcoin's long-term potential. Market experts suggest that while short-term volatility is likely, the broader adoption and technological advancements in the Bitcoin ecosystem could pave the way for future price recoveries and sustained growth.
$BTC
#BTC☀ #CryptoNews🚀🔥
$BTC
I guess we will reach our TP2 soon!
Hope you are watching the levels!
#bitcoin #BTC #altcoins #CZBİNANCE @CZ #CryptoNews🚀🔥
$NOT $ETH
I guess we will reach our TP2 soon!
Hope you are watching the levels!
#bitcoin #BTC #altcoins #CZBİNANCE @CZ #CryptoNews🚀🔥
$NOT $ETH
LIVECrypto Bull 3
--
$BTC
And we started with our trade let's see, in case I see some positive movement I will close the trade!
#bitcoin #BTC #altcoins #CZBİNANCE #BinanceSquareFamily
$ETH $BNB
And we started with our trade let's see, in case I see some positive movement I will close the trade!
#bitcoin #BTC #altcoins #CZBİNANCE #BinanceSquareFamily
$ETH $BNB
*RED OR GREEN?*
Constantly checking your crypto position every five minutes can lead to unnecessary stress and emotional trading decisions, which often result in poor outcomes.
This behavior can cause you to react impulsively to short-term market fluctuations, increasing the likelihood of making mistakes.
To overcome this, establish a clear trading strategy and set specific times to check your positions, such as once or twice a day.
Use tools like alerts for significant price movements to stay informed without constant monitoring.
Additionally, practicing mindfulness or engaging in hobbies can help manage anxiety related to market volatility.
#crash #Bitcoin #CryptoNews🚀🔥 #portfolio #BinanceSquareFamily
Constantly checking your crypto position every five minutes can lead to unnecessary stress and emotional trading decisions, which often result in poor outcomes.
This behavior can cause you to react impulsively to short-term market fluctuations, increasing the likelihood of making mistakes.
To overcome this, establish a clear trading strategy and set specific times to check your positions, such as once or twice a day.
Use tools like alerts for significant price movements to stay informed without constant monitoring.
Additionally, practicing mindfulness or engaging in hobbies can help manage anxiety related to market volatility.
#crash #Bitcoin #CryptoNews🚀🔥 #portfolio #BinanceSquareFamily
68000?
66%
61000?
34%
840 Szavazatok • Voting closed
#altcoins We're probably facing the biggest
Altseason in at least 4 years. And the beauty of it? If you look at the history, it won't be long before it starts. Many will only realise it once it's too late.The next targets for TOTAL 2?
↗️TARGET 1: $1.27 T
↗️TARGET 2: $1.71 T
Once Total 2 is able to break above the old horizontal resistance level at around $1.27 T and hold above it, we'll see a fast move up to the old all time highs of 2021 at around $1.71 T. Above that, is when the REAL Altcoin FOMO begins. At this point $BTC Dominance is already in the process of breaking down and Altcoins will have the perfect conditions to thrive.
#BTC will likely already be above $100k at that point and the overall Crypto market will be in the euphoria stage. Dumb money will begin to enter the space, thinking they are still early in the market cycle. As they will begin realize how revolutionary Crypto really is, they will become extremely bullish.
This is when the REAL parabolic pumps begin!
It will be normal for Altcoins to just casually 10x in only just a months time...
You'll see old friends suddenly reach out to you for crypto advice...
Risk awareness will completely go out the window...
Coinbase will once again be Nr. 1 in the app
store...
Celebrities will get involved with crypto again...
You'll see absurd price targets, for example $1M for $BTC...
! STOP!
THIS IS THE TIME TO EXIT THE MARKET!
If you then see these warning signs in the charts
💎Lower highs & lower lows
💎Trendlines/patterns broken to the
downside
💎RSI/MACD bearish divergences
💎Big candle wicks to the upside
💎Bearish engulfing candles
💎Decreasing volume with rising price
you need to take profits!The more bearish technical indicators like this you'll see in confluence on the weekly or daily timeframe, the higher the likelihood that the top is in!
Do not ignore these signs & think this time is different! The next months will be truly life- changing. Stay focussed now and don't get complacentş.
The best is yet to come!
#bitcoin #CryptoNews🚀🔥
Altseason in at least 4 years. And the beauty of it? If you look at the history, it won't be long before it starts. Many will only realise it once it's too late.The next targets for TOTAL 2?
↗️TARGET 1: $1.27 T
↗️TARGET 2: $1.71 T
Once Total 2 is able to break above the old horizontal resistance level at around $1.27 T and hold above it, we'll see a fast move up to the old all time highs of 2021 at around $1.71 T. Above that, is when the REAL Altcoin FOMO begins. At this point $BTC Dominance is already in the process of breaking down and Altcoins will have the perfect conditions to thrive.
#BTC will likely already be above $100k at that point and the overall Crypto market will be in the euphoria stage. Dumb money will begin to enter the space, thinking they are still early in the market cycle. As they will begin realize how revolutionary Crypto really is, they will become extremely bullish.
This is when the REAL parabolic pumps begin!
It will be normal for Altcoins to just casually 10x in only just a months time...
You'll see old friends suddenly reach out to you for crypto advice...
Risk awareness will completely go out the window...
Coinbase will once again be Nr. 1 in the app
store...
Celebrities will get involved with crypto again...
You'll see absurd price targets, for example $1M for $BTC...
! STOP!
THIS IS THE TIME TO EXIT THE MARKET!
If you then see these warning signs in the charts
💎Lower highs & lower lows
💎Trendlines/patterns broken to the
downside
💎RSI/MACD bearish divergences
💎Big candle wicks to the upside
💎Bearish engulfing candles
💎Decreasing volume with rising price
you need to take profits!The more bearish technical indicators like this you'll see in confluence on the weekly or daily timeframe, the higher the likelihood that the top is in!
Do not ignore these signs & think this time is different! The next months will be truly life- changing. Stay focussed now and don't get complacentş.
The best is yet to come!
#bitcoin #CryptoNews🚀🔥
