$BTC #BitcoinBulls berada dalam Kendali Penuh.. 📈 +13% Se | Henry Insights di Binance Square

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$BTC 
#BitcoinBulls berada dalam Kendali Penuh.. 📈
+13% Sejak Wedge Breakout..🔥
#BTC #Bullish 

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$BTC telah menembus tren turun.

Dorongan lebih tinggi lainnya akan segera terjadi.

#BTC #altcoins

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Why the Cryptocurrency Market is Crashing Today There are three major reasons behind the current crypto market crash: 1. Mt. Gox FUD: Mt. Gox, once the largest cryptocurrency exchange, was hacked in 2014. Recently, Mt. Gox announced they are repaying creditors in Bitcoin (BTC) and Bitcoin Cash (BCH) worth approximately $9 billion. Creditors who received these repayments are selling their Bitcoins on various exchanges, causing a significant drop in Bitcoin prices. 2. Lebanon and Israel War: The ongoing conflict between Israel and Lebanon is another major factor contributing to the market collapse. Israel’s recent attack on Lebanon and Lebanon's aggressive response have created geopolitical uncertainty, which is impacting the crypto market negatively. 3. German Government’s Massive Sell-off: Over the past few days, the German government has been selling a significant portion of their Bitcoin holdings. They have sold 7,583 Bitcoins, worth around $434.9 million, contributing to the downward pressure on Bitcoin prices. These factors combined are driving the current market downturn. We hope the crypto market will recover soon. This information is shared for educational purposes only and is not financial advice. Always do your own research before investing in any cryptocurrency. #SOFR_Spike #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions #BinanceTournament #altcoins @Binance

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🚨 Market Alert: Altcoin Funds Draining Fast! 🚨 We're entering a tougher phase of the bear market. Funds for buying the dip are running out, and most available money is already spent. The market will likely keep going down or stay flat. Some people are optimistic, but we're seeing daily drops and short-lived rises. High-value, low-circulation coins from venture capitalists are flooding the market, requiring billions to absorb. It's puzzling to see who’s buying these coins as insiders sell off. Stay cautious and informed! #Megadrop #BinanceTournament #ETH_ETFs_Approval_Predictions #SOFR_Spike

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I've been trapped in crypto for 8 months, and every time I try to recover my money, the market crashes. Newbies with small assets are completely stuck. Be careful out there! #BONK #FLOKI #BTC #WIF #altcoins

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4 REASONS WHY BITCOIN DIPPED BELOW $60K 1. Downtrend Since June 📉 - Bitcoin has struggled to maintain upward momentum since the beginning of June. Over the second quarter of 2024, BTC logged an 18% decline, and it continued to face headwinds despite positive ETF inflows. 2. Potential Mt. Gox Repayments 💰 - The recent dip below $60,000 is largely attributed to the impending Mt. Gox creditor repayments. The defunct exchange, which collapsed over a decade ago, holds over $9.4 billion worth of Bitcoin. Approximately 127,000 creditors have been waiting to recover their funds, and the repayment process may have begun. - 📊 Spent Volume Surge: Charles Edwards, founder of Capriole Investments, highlighted an enormous on-chain Bitcoin movement, suggesting that the long-awaited Mt. Gox distributions are indeed happening. Edwards noted, “The entire history of this chart has disappeared because an enormous sum of Bitcoin moved on-chain, 10X more than the previous highs. $9B. But by who? Mt. Gox.” 3. Market Reactions and Implications 📊 - 🌐 Market Uncertainty: The potential sell-off from Mt. Gox creditors, who may liquidate their holdings after a decade, could exert significant selling pressure on Bitcoin. This, combined with ongoing market uncertainties, has investors bracing for further volatility. - 📉 Support Levels: Bitcoin’s local bottom of $59,600 threatens to extend the current consolidation phase. Investors have been eyeing a breakout above $70,000 to pave the way for new all-time highs, but losing the $60,000 support could delay such a rally. 4. Institutional Inflows vs. Sell Pressure ⚖ - 🏦 ETF Inflows: Despite the sell-off fears, institutional inflows into U.S.-based spot Bitcoin ETFs have been strong. Since their launch in January, these ETFs have amassed over $52.5 billion worth of BTC, potentially absorbing some of the selling pressure from Mt. Gox repayments. Will BTC crash? You decide! #ETH_ETFs_Approval_Predictions #Megadrop #BinanceTournament #WriteToEarn #BTC

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🚨🚨 DELISTING ALERT 🚨🚨😨😨 It appears recent developments involving $ETHFI and $STRK indicate they may be facing delisting due to market conditions. $ETHFI, associated with the $ETH ETF, has experienced significant volatility and a downward trend, raising concerns about potential delisting. Similarly, $STRK has also been on a downward trajectory since its launch, lacking short positions that could help stabilize its price. This underscores the importance of understanding and utilizing short-selling strategies in such volatile markets. For investors and traders, recognizing the opportunity in short-selling becomes crucial in these scenarios. By opening short positions, traders can profit from the price decline of these assets. Educating followers and market participants about the mechanics of short-selling is essential, emphasizing its role in potentially earning profits amidst market downturns. Those new to short-selling can benefit from learning how to initiate futures transactions, ensuring they have the necessary tools to navigate and potentially capitalize on market movements. In summary, the current situation with $ETHFI and $STRK highlights the impact of market sentiment and the importance of proactive trading strategies like short-selling. Investors and traders should stay informed and prepared to utilize such strategies effectively to manage risks and capitalize on market opportunities, ensuring they adapt to market dynamics and potential delisting scenarios. #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions #VanEck_SOL_ETFS #Megadrop #BinanceTournament

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