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Bitcoin Miners Could sell $5bn of BTC post halving – Altcoin Graveyard? https://mail.10xresearch.co/p/bitcoin-miners-sell-5bn-btc-post-halving-altcoin-graveyard #ENA #BTC #Altcoins👀🚀 #ETH

Bitcoin Miners Could sell $5bn of BTC post halving – Altcoin Graveyard? https://mail.10xresearch.co/p/bitcoin-miners-sell-5bn-btc-post-halving-altcoin-graveyard 
#ENA   #BTC   #Altcoins👀🚀  #ETH  

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Vinnik's BTC-e linked to the Mt. Gox hack pleaded guilty During the Mt. Gox hack, which culminated in 2014, approximately 850,000 bitcoins were lost. On May 3, 2024, Alexander Vinnik pleaded guilty to conspiracy to commit money laundering in connection with his role in managing the cryptocurrency exchange BTC-e from 2011 to 2017. During its operation, BTC-e facilitated over $9 billion in transactions and served more than one million users globally. The platform was involved in laundering the proceeds from various criminal activities, including computer intrusions, hacking incidents, ransomware attacks, identity theft schemes, operations by corrupt public officials, and narcotics distribution networks. Vinnik, who deliberately designed BTC-e to support these illegal activities, was implicated in causing financial losses amounting to at least $121 million. Vinnik now faces the potential of a 20-year prison sentence at his forthcoming sentencing in the U.S. Previously, in 2020, he was convicted on money laundering charges in France and received a five-year prison term.

Fake Dip? The MOST important #Bitcoin Chart Traders Are Watching 👇1-12) Beware of fake dips when triangles break. Bitcoin’s relative strength has retraced back to 40%, which has been associated with rally attempts on three occasions since early 2023. We are pointing out a new ‘line in the sand’ where we might change our view. The previous ‘line in the sand’ where we turned bearish was 68,300. 👇2-12) Although we had been (correctly) bearish in January 2024 (most will remember that), we turned bullish on January 26. The last sentence of our January 26 report stated, “We would use any further dip to start buying again.” Our view was also covered in CoinDesk (here). 👇3-12) We used the term new bull market as early as mid-January 2023 when lower inflation turbocharged the rebound. Hence, we focused on when a) inflation turned unexpectedly higher and b) the Fed turned less dovish. As we pointed out during the last few weeks, the situation might be very different, with severe consequences for Bitcoin - that’s why our analysis below might be of the utmost importance. 👇4-12) Read the full report here -> https://mail.10xresearch.co/p/fake-dip-important-bitcoin-chart-traders-watching #BTC

Is This #Bitcoin Indicator Predicting A Crash??? 👇1-11) We have been expecting a severe Bitcoin correction, and many of our @10x_Research subscribers either closed out their longs at 68,300 or some even went short. The signs were all there that the Bitcoin bull market was losing momentum. Now everybody is asking how steep the fall will be. 👇2-11) The average Bitcoin ETF buyer is now underwater. Many institutional investors will struggle to justify allocating more capital to those ETFs without an immediate upside catalyst, such as the halving. Despite brand names such as @BlackRock leading the ETF field, many portfolio managers likely had an uphill battle when they asked for Bitcoin ETF risk limits. 👇3-11) The indicator below could predict much lower Bitcoin prices, we explain why in the report (hopefully this indicator is wrong...) -> https://mail.10xresearch.co/p/bitcoin-indicator-predicting-crash #BTC

#Bitcoin -> As we wrote yesterday, "We expect more unwinding as the average Bitcoin ETF buyer will be underwater when Bitcoin trades below $57,300. This will likely lower prices to our target levels and cause a -25% to -29% correction from the $73,000 top - hence our price target of $52,000/$55,000 during the last three weeks. There might also be a period of consolidation instead of a snapback rally - stay tuned." -> Why we turned bearish on April 18: https://mail.10xresearch.co/p/hidden-factor-send-bitcoin-plummeting-5200055000 #BTC

Massive #Bitcoin ETF outflows last night… so far reported $-300m… almost $1bn since the halving … lots of macro tourists in Bitcoin riding the “halving wave.” As we wrote yesterday, Bitcoin is trading at levels that are associated with the average entry price for the $11bn of Bitcoin ETF buyers -> read here: https://mail.10xresearch.co/p/bitcoin-correction-different-3-previous-ones #BTC

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