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#BTC #Option $BTC Hey, guys, today is the last working day of the month and the first quarter, so 15 billion bitcoin options will be burned today. The put/call ratio is currently at 0.85, which means more longs are selling than shorts. Spot markets are usually not affected by derivative expirations, but today's event is a big one, so there may be some additional volatility. Stay tuned.
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🚨 BIG NEWS: FTX FOUNDER WANTS ONLY 5-6 YEARS IN JAIL AS CUSTOMERS WILL GET THEIR MONEY BACK 🚨 Prosecutors are pushing for a staggering 40-50 YEARS in jail for FTX founder Sam Bankman-Fried. But in a surprising twist, the defense is advocating for a significantly shorter sentence of 5-6 YEARS. Why the drastic difference? It all comes down to the potential refunds for FTX customers! 💼💸 Judge Lewis Kaplan will deliver the verdict in Manhattan soon, following a month-long trial last November where Bankman-Fried was found guilty on seven charges linked to the collapse of FTX and the disappearance of around $10 billion in customer deposits. 😱 The defense team is banking on the increased likelihood of FTX customers recouping most, if not all, of their lost funds as the exchange navigates its way through a Delaware bankruptcy court. Recent statements from lawyers representing FTX's bankruptcy estate suggest that customers and creditors with legitimate claims could be fully repaid. 💰 While this turnaround is a beacon of hope for affected parties, it's a stark contrast to the grim narrative surrounding FTX's collapse just 16 months ago. At that time, it seemed like countless customers faced the grim reality of losing billions of dollars due to the lightly regulated nature of the crypto industry. 😓 Despite the government's allegations that Bankman-Fried misappropriated billions of dollars in FTX customer funds, the defense is emphasizing the positive outcome of his risky bets, arguing that they paid off and contributed to the bankruptcy estate's ability to repay customers. 📈 The outcome of this case will have far-reaching implications for the crypto world, impacting investor confidence and regulatory oversight. Stay tuned for updates with Professor Mende! ⚖️💡 #sbf #crypto #APT #cryptotrading #justice
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$BTC Report Daily TimeFrame In the daily timeframe since March 25th, $BTC is currently hovering around $70700, with notable liquidity between $69500 and $71500 causing market confusion. Analysis varies, with some indicators pointing to bullish sentiment while others signal a bearish outlook. Analysis in 4H TimeFrame Today $BTC started on a bullish note, finding support at $68500. It managed to break through two resistance levels but faced rejection at the $71100 mark, a level it has struggled with multiple times before. This rejection suggests a potential downward movement, possibly targeting levels around $69750 or $69330. Technical Indicators Overview: Ichimoku Cloud: Indicates a strong support region from $69k to $66k, portraying a stable market sentiment. Bollinger Bands: Price action is currently rejecting from the upper band, signaling potential resistance. The middle band at $70k and the lower band at $68500 suggest price consolidation with decreased volatility. Simple Moving Averages (SMA) (20, 50, 100, 200): SMA 20: $70086 SMA 50: $67300 SMA 100: $67931 SMA 200: $65374 Exponential Moving Averages (EMA) (20, 50, 100, 200): EMA 20: $69528 EMA 50: $68228 EMA 100: $67257 EMA 200: $64250 Relative Strength Index (RSI): RSI has increased from 52 to 61. Stochastic RSI: Currently at 62 with an upward trajectory. Moving Average Convergence Divergence (MACD): MACD at -23 911 933, up from -187 918 1106. Suggestion: It appears that there's uncertainty in the market. Traders might need to closely monitor price movements and wait for clearer signals before making significant trading decisions. #BTC🔥🔥🔥🔥 #BTC
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Important Cryptocurrency Projects To Be Unlocked Next Week ▪︎ Optimism(OP): 24.16M $OP will be unlocked on March 29 at 07:00 Important Note: Don't forget to participate in the pinned post reward event. Share using tag #YapayZekaTRCommUNITY 👈 and win rewards
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