🗞 Missed the news? Here's what's happened over the last 24 hours!
🧐 Mt. Gox moves $2.7B in Bitcoin to new wallet address
📉 Bitcoin crashes to $53K, but analysts warn the worst isn’t over
🚨 Mt. Gox has begun repaying BTC and BCH to creditors.
🇺🇸 Biden’s reelection odds brush single digits on Polymarket
💰 250,000,000 USDC (249,867,500 USD) minted at USDC Treasury.
📲 Why trust in traditional media is dropping while X, Facebook, and TikTok soar?
🎙️ Is this the beginning of the end, or just a slight pullback?
💰 SBF family linked to $100M FTX scandal, legal trouble looms
📉 Up to 99% of Mt. Gox’s $8.2B Bitcoin could be sold
🇺🇸 How US job market slump could boost Bitcoin prices

BTC reached 63,000$ and why is it down again? Is it because of some special news?

I didn't find such big negative news but there is a reason for this down.

I and other Traders think this is a Market Relief Rally.

A market relief rally means that the market moves in such a way that it can be relieved instead of moving in the other direction

Ex: Bitcoin went down from $72,000 to $58,000. Without continuing this down, the market got a small pump to $63,000. Bitcoin, which went down to $63,000, came back to $57,000... For this correction, we have a Market Relief Rally. It is said that

If this is a market relief rally, Btc may go down further. The next support zone is at $56,700...

I will put some more news important to the market below.

Fear and greed index score 44%

Ethereum Set to Eclipse Bitcoin: ETFs Could Catapult ETH to New Heights

Spot Ethereum ETF Launch Likely Set for July 15

Bitcoin Bottoming Out? Coinbase Premium Discount Suggests BTC Could See 'Splendid' 6-12 Month Returns

Bitcoin miners can see a significant decrease in selling Bitcoin

#CryptoTradingGuide

#IntroToCopytrading

Profitability of Copy Trading in Crypto
Expertise Access: Copy trading allows new traders to mirror the strategies of experienced traders, potentially increasing profitability without needing deep market knowledge.
Diversification: By following multiple successful traders, you can diversify your investments, reducing overall risk.
Time-Saving: It automates trading activities, saving time on market analysis and execution.
Tips for New Traders
Research Top Traders: Choose traders with a proven track record and transparent trading history.
Risk Management: Allocate only a portion of your portfolio to copy trading and set stop-loss limits.
Stay Updated: Keep an eye on the performance of the traders you are copying and market trends.
Platform Reliability: Use reputable platforms with strong security measures and positive reviews. #IntroToCopytrading #US_Inflation_Easing_Alert #VanEck_SOL_ETFS #MtGoxJulyRepayments #BinanceTournament

HI GUYS I SAW SOME SCENARIOS PERFORMING #BTC☀️ PLEASE WATCH CAREFULLY AND ENTER GOOD TRADE

#EarnFreeCrypto2024
#ETHETFsApproved
#PEPE‏

CHANGE YOUR
#CryptoWatchMay2024 #altcoins #ScamRickWarning

I understand that many people are now interested in exactly
BTC, so I will give a small update on it as well:
Today, Bitcoin showed a breakthrough of the local parallel channel upwards, collecting liquidity above the trendline - in just 3 days it has already been more than +12% of the net movement, which I congratulate you on!
From about the current ones, we may see a slight pullback in order to unload the indicators, but in general the situation is definitely positive - the market is now looking confidently. upwards
Further - more, friends!#CryptoWatchMay2024 #altcoins #CryptoWatchMay2024

Tomorrow you wake up #BTC reached 100000$BTC what do you do🥸🥸🥸

#CryptoWatchMay2024

I show you guys tow scenarios of #BTC
WHAT DO YOU THINK ARE YOU BULISH OR BERISH
#BlackRock #ScamRickWarning

#CryptoWatchMay2024

#BTC performing BERISH RISNG WEDGE keep get trade for your other confirmation
#ScamRiskWarning #BinanceLaunchpool #bitcoin #DaNuTRADING

🇺🇸 SUMMARY OF FED CHAIR POWELL'S STATEMENT (5/1/24):

1. Inflation has eased but remains too high

2. Further progress on inflation is not assured and path is uncertain

3. Inflation data this year has been higher than expected

4. Rate cuts not appropriate until "greater confidence" over inflation

5. Balance sheet reduction to be lowered by $35 billion per month

6. Rate cuts are likely to take longer than expected
#BTC‬ #ScamRiskWarning #BullorBear

Keep bringing the fire with your hustle, friends!
Let's start with the 1-hour TF:
Price reversal happened in the best traditions of technical analysis: an "Ascending (Bearish) Wedge" paired with a Three Drives Pattern" (rising highs), further reinforced by RSI Divergence - a strong reversal setup that's hard to ignore.
• The correction has begun, with the first wave of decline already bringing about -6% in just a few hours. A short-term bounce is possible from here (aiming for a retest of EMA200 from below), after which the downtrend may resume.
→ The key near-term targets on the downside are around $2800-3000 s, where buyer reaction will be crucial.
Now, moving on to the 4-hour TF:
• The Parallel Bullish channel I mentioned in the last analysis remains relevant. The recent upswing tested the EMA200 from below (on the 4-hour chart), triggering seller activity.
If the Big Player decides to gather liquidity below the local minimum (around $2800), a deeper decline down to the channel's lower boundary (around $2600) could be in the cards.
→ In the medium-term perspective, the potential accumulation range is $2550-27502, with a drop below this level currently having very low odds.
! Regarding the current situation: It's still riskyto buy (especially on margin). So, the downtrend may continue in the near future. However, it's worth focusing on Longs for the medium term. A drop in Ether below $2500 is unlikely.
• I'll keep holding a small portion of Long positions acquired at the bottom, in case of an early reversal. For now I'm preparing for a further correction.
#Megadrop #BinanceLaunchpool #bitcoinhalving #BullorBear #Token2049

→ At the möment, BTC has already dropped to around $64500, but this may not be the end of the fall. There're bullish signals on the lower TF - the decline may continue after a small short-term rebound.
All of our Long positions were closed at the right time, locking in profits d almost at the highs, right before the reversal started. I congratulate you on that!
Maybe someone listened to the last post and managed to enter
Shorts at the top?
I stick to the outlined scenario and prepare for further decline to gather local liquidity from below.
There're no reasons to reconsider the situation yet, I continue to monitor it!
#BinanceLaunchpool #bitcoinhalving #Megadrop

🚨 BIG BREAKING 🚨

IRAN HAVE JUST LAUNCHED AN
ATTACK AGAINST ISRAEL.

THIS IS THE REASON BEHIND DUMP#bitcoinhalving #dumpNpump #cpi

#BITCOIN  HISTORY IS REPEATING!!! 🚀
#BullorBear #BinanceLaunchpool #DaNuTRADING #Write2Earrn

What do you think?
What is BTC PREDECTION
Breakout SOOOOOOOOOOON🥸🥸🥸
#BTCTo1Million #DaNuTRADING #BullorBear

Ripple's CEO criticized Gensler's SEC for allegedly acting outside the law, citing judges' admonishments for a "gross abuse of power" in the DEBT Box case and for lacking "faithful allegiance to the law" in the Ripple case.

He also noted Gensler's purported lack of attention to SBFraud.
#Write2Earn‬ #DaNuTRADING

🇺🇸 US sanctions 13 entities for aiding Russian sanctions evasion.

The US Treasury Department's Office of Foreign Assets Control (OFAC) announced sanctions on 13 entities and two individuals for helping Russian 🇷🇺 nationals evade sanctions using cryptocurrency.

OFAC noted that Russia has been using alternative payment methods more frequently to bypass US sanctions.
#Write2Earn‬ #DaNuTRADING

Tomorrow you wake up, #Bitcoin  is trading above $100k.

What will you do next?
#HotTrends #Write2Erarn #DaNuTRADING #BTC🔥🔥🔥🔥

Who is enter this scalp

#HotTrends #BTC🔥🔥🔥🔥 #Write2Erarn #DaNuTRADING