🚀 Bitcoin is Pumping—But Could a Drop Be Next?
Bitcoin is on the rise, but is this the calm before the storm? There are whispers that Bitcoin’s ultimate goal is to pave the way for a one-world digital currency, potentially under the control of major banks and institutions. Some even speculate that this tech has otherworldly origins, introduced by mysterious entities like the Greys and Reptilians. These beings, not known for their smarts, rely heavily on AI to guide their actions.
But let's focus on the charts. Right now, Bitcoin is forming a symmetrical triangle—a sign that the price is approaching a critical decision point. Given the current downtrend, we could be looking at a potential drop ahead. To safeguard your gains, it might be wise to consider selling BTC.
From an Elliott Wave perspective, the previous jump from 49k to 62k appears to be nothing more than an ABC correction—a three-wave structure showing signs of weakness. The outlook is similarly bleak for ETH and other altcoins.
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Visit my profile, cast your vote, and let me know your thoughts in the comments. And don’t forget to follow for more insights—because trading doesn’t have to be hard when you have the right guidance! Here’s to smart trading and even smarter profits.
#CryptoMarketMoves #BinanceBlockchainWeek #raibasit
Bitcoin Smashes Through $64,000 💥
[Plese don't forget to vote me to day](https://app.binance.com/uni-qr/cpro/imran_raii?l=en&r=104591637&uc=web_square_share_link&us=copylink)
🚨 Bitcoin has done it again! The leading cryptocurrency surged past the $64,000 mark, driven by optimism surrounding potential Federal Reserve rate cuts in September. With prominent voices like Anthony Pompliano and Robert Kiyosaki predicting a
$100,000 BTC by year’s end, the market sentiment is bullish. 📊
🔍 What's driving this? The anticipation of favorable monetary policies, coupled with increasing institutional interest, has fueled Bitcoin's latest rally. Are we on the brink of another BTC all-time high?
Don’t miss out on the action – keep your eyes on Bitcoin!
#Bitcoin #BTC #CryptoMarket #Bullish
ALTSEASON 2.0 UPDATE
A lot of you guys are asking me
if when will be the next ALTSEASON.
Well, here's my answer....
ALTSEASON moves in PHASES.
PHASE 1:
This phase starts before the halving.
It is where the ALTCOINS started to
rally just before the HALVING event.
PHASE 2:
This phase is considered as a PAUSE.
It is where ALTCOIN normally have a
PULLBACK. But once it breaks the
previous peak, we will see the next
phase.
PARABOLIC 1:
This phase shows strength. A strong
PARABOLIC move can be observed in
ALTS. It is observed in a short period
with massive gains. ALTS can do 2x-5x
in this rally.
PULLBACK:
This phase is a short relief. This is to
make sure that there will be a second
rally.
PARABOLIC 2:
This phase is not as strong as the first,
but it gives you additional gains in your
ALTS. This can be your final chance to
sell your ALTS if you haven't taken any
profit in the first rally.
****
Where are we right now?
The chart shows that we are still in the
middle of PHASE 2. This means we can
still add some ALTS to our bags before
PARABOLIC PHASE starts.
When is ALTSEASON?
We can't exactly pinpoint the exact date.
But according to previous data, we can
assume around Nov to Dec 2024.
That's it for now.
Make sure to hit the like and bookmark
this post so you can come back to it in
the future. Also, drop your top 3 ALTS
that you are planning to BUY. I'll read
the comments.
Invest $1,000 Today: These 3 Altcoins Could Turn It Into $1 Million by 2024
Here are three altcoins that have caught attention for their growth potential. Keep in mind that investing in cryptocurrencies involves risks, and market conditions can change quickly. Here are the three altcoins to watch:
1. **CYBRO**: This DeFi platform has drawn the interest of crypto whales, with its token presale raising over $1.6 million. Experts predict a potential ROI of 1200%. CYBRO tokens are currently available in presale at just $0.03 each, and the project offers staking rewards, airdrops, cashback, reduced fees, and an insurance program.
2. **Solana (SOL)**: Solana is known for its scalability and support for decentralized apps, offering fast transaction speeds and support for various programming languages. Unlike other platforms, it doesn’t rely on sharding or second-layer solutions, making it a strong contender in the growing blockchain ecosystem.
3. **Shiba Inu (SHIB)**: Inspired by Dogecoin, SHIB is an Ethereum-based meme coin that gained credibility after sending half of its tokens to Vitalik Buterin, who burned a significant portion and donated the rest to charity. SHIB has ambitious plans for decentralized applications, NFTs, and a governance system.
Remember to do your own research and assess your risk tolerance before investing. Cryptocurrencies can be volatile, and returns are not guaranteed. If you're uncertain, consult with a financial advisor. 🚀🌟
#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek
$BTC is pumping, but will it dump?
You’ve probably heard that Bitcoin’s ultimate goal is to become a global digital currency controlled by banks and large institutions. There are even rumors that this technology was introduced by mysterious, unfriendly beings like Greys and Reptilians. Fortunately, these entities aren’t very intelligent and depend heavily on artificial intelligence, which now guides their actions.
Now, let’s shift our attention to Bitcoin’s recent price movements and what could happen this month. A symmetrical triangle pattern is forming, suggesting that the price is approaching a crucial decision point. Given the overall downtrend, there’s a strong chance that the price could drop. To protect your investments, it might be wise to consider selling BTC.
From an Elliott Wave perspective, the previous rise from $49k to $62k was just an ABC correction with a three-wave structure, showing signs of weakness. I’m also bearish on ETH and most altcoins, as the outlook doesn’t appear promising.
Support us and vote for me! Visit my profile to claim your reward. 🙏
#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek
🚀 Bitcoin Blasts to $65K! 🚀
After days of sideways trading, Bitcoin finally broke free and soared to $65,000 for the first time since August! 🌟
Two major factors seem to be driving this $5,000 daily surge. First, the US Federal Reserve's recent hints at lowering interest rates have excited the market. Chair Jerome Powell's speech at the 2024 Jackson Hole Economic Symposium suggested a potential rate cut in September. 📉
Secondly, the US presidential election cycle is heating up. Robert F. Kennedy's endorsement of Donald Trump, a known Bitcoin supporter, has added fuel to the fire. 🔥
Stay tuned as BTC continues to ride this wave! 🌊
BTC/USDT
1. **Price Action**:
- The price is trading at $64,016, showing a recent drop from around $64,500.
- The candles indicate a potential bearish trend forming, with consecutive red candles.
2. **Moving Averages (MA)**:
- MA(7) at $64,103.25 (yellow line) is close to the current price, acting as a short-term resistance.
- MA(25) at $64,144.37 (pink line) is above the price, indicating downward pressure in the short term.
- MA(99) at $63,728.70 (purple line) is acting as a support level.
3. **Volume**:
- The volume appears lower than in previous bars, which could indicate weakening momentum.
4. **MACD**:
- The MACD line is below the signal line, and both are in the negative zone, suggesting bearish momentum.
- The histogram shows declining momentum, but no signs of a reversal yet.
5. **RSI**:
- RSI(6) at 37.06 indicates a slight oversold condition, though not extreme.
- RSI(12) at 43.32 and RSI(24) at 49.35 show neutral to slightly bearish momentum.
### Conclusion:
- The short-term trend looks bearish with price trading below the moving averages, and the MACD indicating downside momentum.
- Watch for support around the MA(99) at $63,728.70. If the price breaks below this level, further downside is possible.
- A reversal might require a breakout above the MA(7) and MA(25), coupled with increased volume and bullish signals from the MACD and RSI.
💡 How to Trade in This Market: Buy During Fear, Sell During Euphoria
This weekend, the markets took a significant hit, with the Dow, S&P 500, and Bitcoin all facing substantial losses. The S&P 500 dropped over 1,000 points, Bitcoin fell below $49,000, and Japan’s Nikkei 225 index saw its worst decline since 1987. It’s a tough environment for traders, and many are unsure whether to jump in or stay on the sidelines.
Pear Protocol founder HUF offers some advice: When fear dominates the market, it’s a signal to start buying. In contrast, when euphoria takes hold, it’s time to sell. He sees the recent market turmoil as the ideal situation to apply this strategy.
Markets have been trending downward since April, and with volatility on the rise, many traders are getting caught trying to time their moves. Instead, HUF emphasizes focusing on trading psychology. When fear is at its peak, assets are often oversold, presenting a buying opportunity. On the flip side, when the market is euphoric and everyone is rushing to buy, it’s likely that prices are inflated, signaling a time to take profits.
In these uncertain times, it’s not about chasing trends but staying disciplined. The key to navigating—and succeeding—in this environment is having a clear plan: buy when fear is rampant and sell when the market is riding high on euphoria. Often, the best opportunities arise when things seem at their worst.
#MtGoxRepayments #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves
🚨 $PYTH is breaking out of a Descending Channel pattern on the 1D chart, which is typically a bullish reversal signal.
📈 Entry Point: $0.32 to $0.35
🎯 Targets:
$0.41
$0.55
$0.75
$1.00
🔄 Trading Options: $$PYTH s available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $0.28.
📊 About $PYTH:
PYTH (Pyth Network) is a decentralized financial market data platform that provides high-fidelity financial data to smart contracts on a sub-second timescale, aiming to serve a wide array of blockchain networks with accurate and reliable information.
📢 DYOR, NFA
#Crypto #Bitcoin❗ $PYTH
{future}(PYTHUSDT)
🚀 Los memes de Tron están arrasando: ¿$SUNDOG es el próximo gran éxito? 🐶
El silencio en el mercado fue interrumpido por Justin Sun, Tron y su promoción. Seguro que ya has oído hablar de esto, y si no, ¿qué haces en el mundo cripto? 🤔
Resulta que tenemos un nuevo meme que está ganando popularidad: $SUNDOG, que alcanzó una capitalización de $100 millones en unos pocos días. De hecho, TRON DAO mismo lo ha promocionado.
💰 Pero lo más interesante es que, en comparación con otros como $WIF, $PEPE y demás, $SUNDOG podría multiplicar su valor por 10-15 veces, ya que su capitalización es de solo $200 millones.
Yo personalmente ya he comprado un poco de esta moneda para ver cómo va. En ningún caso es una recomendación financiera, siempre DYOR.
🚨 A 25% tax on unrealized capital gains has been proposed by Kamala Harris. Imagine you buy shares for $100,000, and their value rises to $150,000. Under this plan, you’d owe taxes on the $50,000 gain, even though you haven’t sold the shares or made any actual profit. Now, imagine the stock's value drops back to $100,000 the following year. The gain you were taxed on has disappeared, but you’ve already paid a 25% tax on a gain that no longer exists, leaving you with a financial loss and no real benefit. Taxing unrealized gains would force investors to sell off assets to cover their tax bills, hurting long-term investment and economic growth. This approach isn’t just risky; it could lead to a stock market crash and another Great Depression. What’s your opinion on this? Share your thoughts below.
#Elections2024 #kamalaHarris #TrumpCryptoSupport $BTC
𝐁𝐢𝐭𝐜𝐨𝐢𝐧’𝐬 𝐓𝐡𝐫𝐨𝐧𝐞 𝐚𝐭 𝐑𝐢𝐬𝐤? 𝐄𝐭𝐡𝐞𝐫𝐞𝐮𝐦’𝐬 𝐒𝐢𝐥𝐞𝐧𝐭 𝐑𝐢𝐬𝐞 🚨🚨
[𝗖𝗹𝗶𝗰𝗸 𝗛𝗲𝗿𝗲 𝘁𝗼 𝗩𝗼𝘁𝗲](https://app.binance.com/uni-qr/cpro/cryptonexus_btc?l=en&r=274085328&uc=app_square_share_link&us=copylink)
Bitcoin’s dominance in the cryptocurrency market may be nearing its end, according to insights from Brian Armstrong, CEO of Coinbase. Armstrong suggests that Ethereum could soon surpass Bitcoin in market capitalization, a phenomenon known as "the flippening." The Ethereum network's versatility, particularly its smart contract capabilities, has fueled this speculation, with many seeing Ethereum as the backbone for future decentralized applications.
Armstrong’s comments add to the ongoing debate about Bitcoin’s long-term position in the crypto hierarchy. While Bitcoin remains the most recognized and widely held cryptocurrency, Ethereum's broader utility and active development community provide a strong foundation for its potential to overtake Bitcoin. The market has already seen Ethereum gradually close the gap in recent years, bolstered by the rise of DeFi and NFTs, both of which rely heavily on the Ethereum network.
$BTC $ETH $BNB
{future}(BTCUSDT)
{future}(BNBUSDT)
{future}(ETHUSDT)
#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #BinanceBlockchainWeek #LowestCPI2021
Seeing the market so green really lifts the spirit 😻. Why should we always be the ones feeling down? Let the short-sellers have their turn to worry! Powell's hawkish speech yesterday brought some life back into the market, and it looks like a rate cut in September is almost certain.
This year, we’ve witnessed some major developments that have caused significant ripples across the crypto market. The approval of #BTC and Ethereum spot ETFs has given the market a strong boost, while the FED's monetary policies have also played a key role in shaping market dynamics.
In particular, the start of the rate cut process initiated by FED Chairman Powell has seen Bitcoin break through the $63,300 resistance level, marking an important milestone. As long as it stays above this level, the $70,000 target comes into focus. In September, the #FED is expected to make a 25 basis point rate cut.
While this cut might lead to a short-term pullback in the markets, it’s likely to be followed by another upward trend. The developments we’ve seen this year are critical steps that will shape the future of the crypto markets. #PowellAtJacksonHole
Wishing everyone plenty of gains 🌸.
⚠️ Crypto Whales Bought These Altcoins in the Third Week of August 2024
The broader cryptocurrency market has shown a solid recovery this week, reflected by a 4% increase in capitalization.
This rebound has led crypto whales to accumulate various altcoins, signaling their intent to capitalize on potential gains as market conditions improve.
🔸 Polygon (#MATIC )
MATIC has captured significant whale attention this week as token holders gear up for the upcoming migration from MATIC to POL, set for September 4. This anticipation has driven a 33% surge in MATIC’s value, making it the best-performing asset among the top 100 cryptocurrencies this week.
The double-digit rally has attracted large investors, with the number of whale addresses holding between 1,000,000 and 100,000,000 MATIC tokens climbing to a one-month high of 316.
🔸 Litecoin (#LTC )
During the week in review, Litecoin (LTC) experienced a notable increase in whale accumulation. Data from IntoTheBlock reveals that the coin’s large holders’ netflow surged by 141% over the past seven days.
Large holders are defined as addresses holding over 0.1% of an asset’s circulating supply. The large holders’ netflow tracks the buying and selling activities of these wallets.
When this metric rises, it signals that whales are accumulating more coins, which is a bullish indicator that often drives retail investors to follow suit. A positive spike in large holders’ netflow suggests growing optimism among major investors, indicating the potential for an upcoming rally.
🔸 Ethereum (#ETH )
Despite the strong resistance at the $2,700 price level, Ethereum (ETH) whales continue to increase their holdings.
As of now, ETH trades at $2,674, with its price moving within a tight range since August 9, encountering resistance at $2,715 and finding support at $2,538.
These sideways movements haven’t deterred ETH whales from accumulating more.
{spot}(ETHUSDT)
{spot}(MATICUSDT)
{spot}(LTCUSDT)