In crises, fortunes are made.
Don't be fooled by this whales plan before the big rise.

An urgent Fed meeting is scheduled for today. Good news may be released that can revive the market.

BREAKING: There is now a 60% chance of an emergency rate cut from the Fed this week according to the market according to Bloomberg.

The issue of prematurely reducing interest rates had occurred before during the Corona period.

#MarketDownturn

Bitcoin Experiences Dramatic Price Drop.

Today, Bitcoin (BTC) experienced a dramatic price drop, falling by approximately 12%, triggering over $1 billion in liquidations in the cryptocurrency market. The reasons behind this significant drop range from aggressive sales by trading firms to fears of an impending recession in the US economy. Regardless of the exact causes, the market is currently engulfed in extreme fear, uncertainty, and doubt.

Bitcoin Expected to Drop 39% Against Gold.

Despite the severe turbulence in the cryptocurrency market, experienced analyst Peter Brandt offered a new perspective on Bitcoin's future by comparing it to gold. Active in the markets since the 1970s, Brandt provided a comprehensive view that could help invest ors navigate these uncertain times.

Brandt indicated that Bitcoin, often
referred to as "Gold 2.0," could drop by as
much as 39% against gold jeopardizing its long-term without
upward trajectory. This comparison is part of
Bitcoin's dual nature as both a highly
volatile asset and a store of value. Brandt
added that even with a sharp decline,
Bitcoin's long-term potential remains intact.

Potential for 477% Value Increase on the Table.

From a broader perspective, Brandt emphasized that Bitcoin has the potential to increase in value by more than 477% in the long term. This optimistic outlook is based on historical trends and the growing acceptance of cryptocurrencies as legitimate stores of value. Such a projection indicates significant growth potential for Bitcoin despite short-term fluctuations.

Brandt's analysis also highlights the importance of a diversified investment strategy. The experienced analyst advised against relying solely on a single asset, comparing it to chasing only gold.

Instead, the analyst recommended holding both gold and Bitcoin as part of a balanced portfolio. According to him, this approach allows investors to benefit from the strengths of both assets and increase potential returns while reducing overall risk.

Solana Plummets 17% As SOL Hits $118: Is a Break Below Inevitable?

Solana (SOL) is currently experiencing a significant decline, dropping over 17% and reaching the critical $118 support level. This sharp downturn has put considerable pressure on this key level, raising concerns among traders and investors about the possibility of a further breakdown. The $118 level has historically been a stronghold for the cryptocurrency, but with the current bearish sentiment in the market, its ability to hold is still being determined.

With the help of key technical indicators, this article will provide an in-depth analysis of Solana's current price actions, assess the likelihood of breaking the $118 support, and explore potential scenarios for SOL.

As of the time of writing, Solana has dropped by 17%, trading at approximately $119.78 in the past 24 hours. Solana boasts a market capitalization exceeding $54 billion, which demonstrates a decrease of 18.45% and a trading volume surpassing $9.4 billion, indicating an increase of 182.21% in the past 24 hours.

Technical Analysis: Indicators Pointing To A Potential Break For Solana.

On the 4-hour chart, Solana has
demonstrated significant bearish
momentum, with the price dropping
below the 100-day Simple Moving
Average (SMA) and currently attempting
a break below the $118 support level. A
successful breach below this key level
could lead to a further bearish move for
the cryptocurrency.

The Relative Strength Index (RSI) on the 4-hour chart has dropped to 24.74%, which is considered to be an oversold zone. This position of the RSI indicator signals that SOL could extend its bearish move beyond $118.

On the 1-day chart, Solana has experienced increased selling pressure as the price consistently forms bearish candlesticks. Specifically, this pattern shows sellers are gaining control over the market, pushing the price lower with each successive trading session.

Also, the formation of these bearish candlesticks, characterized by closing prices lower than their opening prices, reflects a pattern of sustained selling.

BANANA Coin Price Prediction 2024, 2025, 2030.

For those who have cash and are looking for a deal.
BANANA coin is a new coin with a buzz and has been corrected since listing.

- Consolidation in the currency may be corrected slightly. The RSI still does not give a positive result, but what is attractive is the current prices.

> The price prediction of BAΝΑΝΑ Coin looks bullish in the long term.

› The maximum price of a BANANA can be around $84.70 in 2024.

› BANANA touched its all-time high (ATH) of $78.70 on 20 July 2024.

› BANANA can reach an average price level of $93.24 in 2025.

If you are looking for the price prediction of BANANA Coin in the long term, this analysis can be helpful for you.

BANANA Coin Price Prediction 2024.

If the market sees some good movements the value of BANANA may skyrocket this year. According to our price prediction, the average price of BANANA Coin can be around $78.67 in 2024. If the market goes as per our analysis, the maximum trading price of BANANA can be around $84.70 in 2024. However, if the market turns down, the minimum price level of BANANA can be around $71.04 in 2024. According to our price prediction, BANANA may regain its value if the market sees a good bull run in 2024.

BANANA Coin Price Prediction.

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Will Bitcoin Price Bottom at $50k Amid Growing Speculation of Fed Rate Cut?

Bitcoin prices face pressure amid recession fears and geopolitical tensions. With Fed rate cut speculations in September, BTC may seek suitable support at $50,000.

Bitcoin price correction eased on the weekend as the buyers found suitable support at the $60000 psychological level. This support, backed by the 200-day Exponential moving average, has sparked a temporary relief rally in the altcoin market. However, the overhead supply on the crypto market persists due to poor employment reports, geopolitical tension in the Middle East, and fear of recession.

This week, the cryptocurrency market witnessed a notable downfall attributed to a series of adverse developments affecting the broader market. The selling pressure was initiated by Bitcoin's reversal from $70000 resistance and escalated further in mid-week following the geopolitical tension in the Middle East and the fear of recession.

The recent poor employment report
has bolstered a dovish shift in the
market, raising concerns about potential rate cuts in September. According to Nick Timiraos of The Wall Street Journal, these reports could force the Federal Reserve to adjust monetary policy for stabilizing the economy.

Financial giants Citigroup and JPMorgan expect the FED to cut interest rates in a series, starting with 50 bps in September, then another 50 bps in November, and a further 25 bps in December.

Moreover, data from the CME Group shows a 78% probability of a 25 bps September cut and a 22% probability of a 50 bps cut, thus further adding to market sentiments toward impending rate cuts. Additionally, JPMorgan has estimated that the Fed would cut its benchmark rate to about 3%, signaling that rate cuts could continue until Q3 2025.

The anticipated cut would bolster the borrowing environment for banks and encourage investment in riskier assets such as cryptocurrencies. Thus, the BTC price could seek suitable support at major technical levels such as 200- day EMA and $50000.

Our goals for the year 2024, God willing.

market :

SOL = 1000
ETH = 7000
BTC= 105K

But your mind does not comprehend these things until it sees them with its own eyes

This is the difference between us. Not a year goes by without our wallets, thanks to God and His grace, thriving and you watching every fluctuation in them.

For those who are waiting for prices lower than these, it is time to exclude you in the current days.

Just as God raised the status of our flag last October, it will be raised even more, God willing, next December

Take this advice from me as a follower, whether you love me or hate me

Who did not alert you and give you goals above 1000% and 800% last October?

This is something he forgot, and it is almost impossible for him to see in his school the big goals of Paul Ran that the mind cannot comprehend.

This is a bitter and inevitable truth

I finish.

Cardano (ADA) Faces Death Cross Amid Market Sell-Off.

The crypto market sell-off deepened over the weekend with major crypto assets extending their weekly losses.

This broader market downturn has impacted numerous digital assets, with Cardano being no exception. The increased selling pressure has pushed ADA's price down, triggering the emergence of a death cross signal on its short-term charts.

A death cross occurs when a short-term moving average crosses below a long-term moving average, signaling bearish momentum.

In the case of Cardano, this pattern has appeared on the four-hour chart, where the 50-period moving average has fallen below the 200-period moving average. This crossover is traditionally seen as a bearish signal, suggesting that the
cryptocurrency may face further declines.

What's next for ADA price?

At the time of writing, ADA was down 3.42% in the last 24 hours to $0.3585 and down 13% weekly. Cardano has noticeably declined since July 27 after reaching highs of $0.43. Since this date, ADA has marked five out of seven days in losses.

The coming days might be crucial in deciding whether ADA can stabilize and recover or if the bearish trend will persist.

According to Santiment, history depicts bounce probabilities for ADA as seven-day average trader returns reach fresh lows. In a tweet, Santiment wrote: "Crypto markets have retraced across the board, leaving traders calling for sub-$50K BTC once again. However, history shows that when we see such low 7-day average trader returns for top caps like BTC, ETH, ADA, XRP, DOGE, and LINK, bounce probabilities rise significantly."

A relief rally for ADA might target the daily SMA 50 at $0.397 and further at $0.43. A sustained breach above the daily SMA 200 at $0.50 might kickstart a bullish comeback for Cardano while allowing it to escape its current trading range.

On the other hand, if declines perpetuate, Cardano might eye its next support in the range between $0.31 and $0.33.

Bitcoin Loses Crucial Support, Poised For Return To $54,000 - Analyst.

The price of Bitcoin has maintained a consistent decline over the past week following several economic and market developments. According to data from CoinMarketCap, the premier cryptocurrency currently hovers around the $60,000 price zone, having lost over 11.17% of its market value in the last seven days. As many crypto enthusiasts may hope Bitcoin finds some stability soon, CryptoQuant analyst abramchat has predicted a reverse scenario, indicating the crypto market leader may experience more losses in the coming days.

Bitcoin Price Far From Recovery?

In a Quicktake post on CryptoQuant,
abramchat stated that amidst the recent market downturn, Bitcoin has now
lost a vital short-term support at the
$64,580 price mark, which represents the
average price at which investors have
purchased Bitcoin over the last six months. Such development implies that
the average investor is likely currently
underwater which can lead to an increased selling pressure in a cut their losses or avoid further losses.

According to abramchat, Bitcoin's recent price fall can be attributed to economic and political news which have negatively impacted several financial markets prominently the stock market which recorded significant losses on Thursday and Friday.

Bitcoin's price drop is also likely influenced by defunct crypto lender Genesis finally commencing repayments to creditors after declaring bankruptcy in January 2023. On Friday, Genesis transferred out $1.5 billion in Ethereum and Bitcoin as they aim to offload $4 billion in debt.

Commenting on Bitcoin's future price
trajectory, abramchart states that the
failure of the digital asset to reclaim the
support level of $64,580 will likely result in a further decline to around $53,000_
$54,000 which represents the next
significant support zone. However, such
low price levels were recently seen in
early July, following the massive market
sell-off by the German government.

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Cardano Price Going To $0.25 As New Addresses Drop 48% In 2 Months.

The general slump in
cryptocurrency prices has traders on edge. Top altcoins like ADA remain significantly suppressed with little chance of an immediate recovery. Cardano price depicts a weaker technical structure compared to the first quarter when the token hit its $0.81 yearly peak.

Low Network Activity Predicts Further Cardano Price Decline.

A noticeable decrease in the number of new addresses joining the network over the last two months could further squeeze ADA's lifeline. Blockchain data from IntoTheBlock shows a 48% drop in unique addresses from 14,700 to 7,650 from the beginning of June to early August.

The prevailing technical structure in the daily time frame shows weakness. Bulls are looking forward to a heated battle, especially since most indicators favor an extended correction under $0.35 support.

Multiple sell signals call on traders to short ADA, starting with the Moving Average Convergence Divergence (MACD) and a recently confirmed death cross pattern.

A death cross sends a bearish signal when a short-term moving average flips below a long-term one. In the ADA price case, the 20-day Exponential Moving Average (EMA) crossed below the 50-day EMA, increasing the chances of a medium-term bearish trend playing out.

Cardano price also holds under all three moving averages, including the 200-day EMA, which marks the resistance at $0.4572. Bulls must set camp at $0.35 support because if it is broken and further destabilizes the technical structure, the dive to $0.3 would be drastic and increase the probability of ADA crashing to $0.25.

Bulls can stop the decline in Cardano price at $0.35. Besides, a daily bullish candle continues to form, which could clear the path for a potential falling wedge pattern breakout.

The falling wedge in the daily time
frame formed after ADA pulled back
from the yearly peak of $0.81, touching
two lower highs and three lower lows.

Is the decline of Bitcoin and the digital currency market over?

Bitcoin's decline is linked to filling the price void. The price vacuum plays the role of a magnet by pulling and polarizing the price of Bitcoin as much as possible downwards so that it can fill this price vacuum, which is between 58 thousand and 60 thousand.
If it drops to 57,700 dollars, we do not consider it to be full, frankly. But the price gap will act as a kind of magnet to bring it more and more until it reaches 58 thousand dollars.

It is not possible to talk about whether the decline is over and there are still opportunities for more declines. It cannot happen now because the financial markets are closed for the weekend.
Maybe on Monday or Tuesday.

In conclusion, there is a decrease on the table now for the weekend.

Starting next week, and especially on August 8, the market will begin to reflect the trend towards breaching the peak, God willing, towards 92 thousand to 100 thousand. According to the bears in the Bitcoin condition.

Know that you are now at the exact turning point.

Currencies will achieve a very great deal in December.

If you miss this opportunity, do not try to enter the market because this upcoming rise will reduce more than half of the bull run.

Do not waste opportunities. Any mistake is never forgivable.

Bitcoin Price Declines After Failed Rally Attempt.

Bitcoin's (BTC) weak rally attempt during US trading hours on Friday was ineffective, leading to a price drop. The market leader subsequently fell from $65,000 to below $62,000 and then to $60,500. This decline brought liquidations, with $290 million evaporating from both long and short positions in the last 24 hours as of the time of writing.

Bitcoin Price Drops.

The recovery rally before the FOMC meeting and positive July CPI data had contributed to the rise. However, the long- discussed interest rate cut did not come again, shifting focus to September. As a result, excitement in the cryptocurrency m arket waned, leading to a price drop.

On the other hand, the weak US employment report pointing to July triggered a decline in bond yields and the dollar. Generally, this situation is known to cause an increase in risky assets like stocks and Bitcoin, but things did not happen that way. Initially, Bitcoin's price rose above $65,000. However, things changed later, and the price fell below $62,000.

QCP Capital analysts said the following on the matter:

The downward trend created by high unemployment figures also affected crypto with increasing recession expectations. VIX rose above 28 today, reaching its highest level since the regional banking crisis on March 23.
"Despite the jumpy price movements we've seen in the last few days, the crypto volatility market indicated expectations that price volatility would calm down towards summer."

One of the main reasons for the downward movement was Genesis Trading's transfer of over $1.5 billion in Bitcoin and Ethereum. Due to the uncertain atmosphere, BTC fell by 2.2%, and ETH experienced a 2.5% correction in the same period.

Bitcoin and Market Liquidations.

According to data provided by CoinGlass, Bitcoin liquidations worth a total of $90 million were observed. Following Bitcoin, Ethereum and Solana (SOL) also saw liquidations of $80.21 million and $20.86 million, respectively.

Bitcoin Analyst Predicts Upward Movement.

Bitcoin (BTC) prices, which saw significant
fluctuation in July, continue to show
volatility into August. Recent trends saw
BTC peaking over $70,000 last Monday but approaching $60,000 today. Amid these changes, market analyst Kevin Svenson
has highlighted an important indicator
signaling another potential surge for
Bitcoin.

What Does the RSI Indicate for Bitcoin?

Kevin Svenson, an analyst known for his accurate Bitcoin predictions, shared insights via YouTube about the Relative Strength Index (RSI) indicator on Bitcoin's daily chart. He emphasized that this momentum indicator, which determines whether an asset is overbought or oversold, has shown a pattern historically followed by a substantial rise in BTC prices.

Svenson mentioned that breaking out of a daily RSI downtrend typically leads to the RSI hitting new support levels, which often precedes a significant upward movement. Currently, Bitcoin is in the retest area of this downtrend, suggesting that another substantial rise may be imminent.

When Might Bitcoin Reach Its Peak?

Discussing Bitcoin's potential peak price, Svenson pointed out that historically, Bitcoin reaches its new peak between 40 to 80 weeks after the halving event. With Bitcoin currently 13 or 14 weeks post- halving, he estimated that another 25 weeks or more are needed to potentially achieve the next peak, indicating that this could happen around January.

Key Insights from Svenson's Analysis.

Bitcoin's RSI indicator suggests a potential upward movement.
Historical patterns indicate a rise between 40 to 80 weeks post-halving.
Current retest areas in RSI could signal a new support level and subsequent price
increase.

In terms of current price movements, BTC fell from $65,000 to $60,450 early this morning, recovering slightly afterward. The 4.61% drop in the last 24 hours is believed to be influenced by geopolitical tensions in the Middle East and rising recession concerns in the US. Bitcoin's market capitalization has dropped to $1.213 trillion, with a 24-hour trading volume of $43.2 billion.

Investor Buys 4,000 Ethereum to Expand Portfolio.

A smart investor known for a 100% win rate in cryptocurrency trading history bought 4,000 more Ethereum (ETH) today, expanding his portfolio. This purchase, valued at $12.58 million, shows the investor's. continued confidence in Ethereum.

Currently at a Loss with Present Prices.

According to on-chain data, the smart
investor bought and sold ETH seven times
between November 21, 2022, and May 23,
2024. The data reveals that he consistently
bought at low prices and sold at high
prices, earning over $38 million in total.
Since May 29, the investor has bought a
total of 17,012 ETH, with these investments valued at $61 million.

However, considering the current prices, the investor is at a loss of $7.6 million. This loss is part of the unpredictable and highly volatile nature of the cryptocurrency market.

Smart Investor's Strategy: Buy Low, Sell High.

The smart investor's trading strategy involves skillfully leveraging market movements to buy at low prices and sell when prices rise. This strategy can be summarized as buying low and selling high. Despite market uncertainties, he has achieved high profits with this approach. His trading history highlights the importance of timing and strategic thinking in the market.

As is well known, Ethereum holds a significant position in the cryptocurrency m arket, and such large purchases reflect inv estors' confidence in the altcoin king. Therefore, it would not be wrong to say that the investor's latest move provides insights into the future of the cryptocurrency market.

Nevertheless, it is essential to emphasize that every investor should act cautiously and strategically in the face of current market fluctuations and uncertainties, according to their own risk tolerance.

A future outlook, and God Almighty is Most High and All-Knowing:

Between 2026 and 2030, we will live in very strange days. The Bitcoin chart indicates a change at the global level as a whole.

I don't know what they are planning, but it is definitely a global economic depression that has not been seen in years

do I hope that after this rise, you will manage your money better because the matter will be serious.

God Almighty knows best. This is what all the indicators show.)

The Pi Network currency has also appeared. Will it have a global impact like Bitcoin or more?

Whatever the event, it seems that it will remain engraved in our memories because of its plans for comprehensive change at the global level.

Everything is by God’s command, good and bad.

Bitcoin Experiences Significant Price Drop.

Bitcoin, has caught investors' attention with its sharp declines in recent weeks. The Crypto Fear and Greed Index provides clues about Bitcoin's new price bottom. The index measures market sentiment to guide investors.

Weekly Time Frame and Crypto Fear and Greed Index.

Bitcoin has entered a downtrend on the weekly time frame. This situation may create potential buying opportunities for long-term investors. Bitcoin's price has dropped by 9.74% since reaching its peak on Monday, falling below $63,000. This decline signals that the market may move further downward.

The Crypto Fear and Greed Index helps investors make buy-sell decisions by measuring their emotional state in the market. The index indicates that extreme fear is a buy signal, while extreme greed is a sell signal. Currently, the index is at 56, a neutral value, showing that the market is neither in extreme fear nor extreme greed.

Bitcoin Rejected at $70,000.

Bitcoin failed to surpass the $70,000 level and was rejected. On July 29, Bitcoin rose to $70,100 but experienced a sharp decline, resulting in $343 million in liquidations. Fibonacci retracement levels of $56,100 and $52,000 may offer attractive buying opportunities in the coming weeks. However, the $52,000 level seems like a distant target for now.

Long-term investors may view such price drops as opportunities. Market panic usually creates price bottoms, and a drop below $60,000 could create ideal buying opportunities. The Bitcoin Rainbow Chart shows that Bitcoin is still in a "cheap" zone.

Future Trends and Index Values.

The Crypto Fear and Greed Index is not at extreme levels, indicating that a trend reversal is not expected in the short term.

The current neutral value suggests that more declines are possible before a real uptrend begins. Therefore, it is important for investors to be patient and prepared for market fluctuations.

If 61,900 is hacked. Bitcoin will complete its desired slide before its final takeoff.

Focus well, his takeoff means the last chance of a lifetime will take off with him (take advantage of it well)

As for the people who will come to me during FOMO, I would like to tell you that I will not pity you.

(In other words, I will let the market teach you what it means to invest 100% of your dollar in times of great opportunity.)

Now, believe me, people I have never seen before come to me during times of FOMO with their (hypocritical) words.

This is the time to blow up the wallets after this decline. It will be quick

And for those who are saddened by the profits of March, haha, believe me, you will see double the double in 2 Wave.

But personally, I will abdicate my responsibility as soon as the March peaks are breached, so that everyone can bear their decisions

Because extreme wealth is not created for everyone, and this is an issue that I have come to realize and understand, and I will work on it as my first goal after this upcoming explosion.

We are at the beginning of the bull run.

Don't tell me, I trust you. Once this rise, everyone is free to make their profits wherever and whenever they want.

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BTC Price Fluctuations Affect Altcoins and SOL Coin Analysis.

The fluctuation in BTC price brings surprising results for altcoins, and this has been the case for a long time. BTC experiences rapid declines after slow rises, wearing down a significant portion of altcoins. Buyers see price increases as short-term selling opportunities. Of course, this cannot be expected to continue forever. So, what is the latest situation with SOL Coin?

Solana (SOL).

On March 18, the price started trading within a symmetrical triangle and got stuck. This formation, indicating consolidation, has been ongoing for a long time due to the weakness in BTC price. When the formation breaks up or down, it indicates the end of the trend, and the movement is expected to accelerate in the direction of the break.

SOL Coin price broke out of this on July 19 with the news of the spot SOL ETF and the recovery of BTC price. Although investors expected a stronger rally, Bitcoin again limited the movement as it has for months. On July 29, the price dropped to $182.5 and seems to continue its decline.

If the selling continues, a deeper dip may occur. The daily loss is around 7%. For SOL Coin, which is preparing to retest the breakout level, there are 2 scenarios. Either the breakout level will be lost, and we will see a downward break with larger sales, or the price will start a new jump from the breakout point, targeting new peaks.

If the price lingers at the breakout level for a long time, the view that the upward breakout is invalidated gains strength, and buyers may support increased sales due to the increased risk.

SOL Coin Predictions.

The Parabolic Stop and Reverse (SAR) indicator appears in favor of the downtrend. The CMF confirms the decrease in liquidity inflow along with the price easing. The weakening of cash inflow during the decline signals that sales will accelerate. A return to the symmetrical triangle suggests that consolidation will continue boringly or a downward break is expected. This points to $154.2 as the first stop.