Mt_Gox_BTC_Dip
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🔻 Bitcoin dips 3% as Mt. Gox begins internal coin movements, sparking renewed selling pressure. 💰 The leading cryptocurrency briefly fell below $63,000 after the defunct exchange moved over $2.84 billion in BTC, likely for creditor repayments. Join the discussion and share your insights on the impact of these movements on the crypto market!
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Bitcoin Dips 3% Amid Mt. Gox Coin Movements
According to CoinDesk, Bitcoin faced renewed selling pressure on Tuesday after blockchain data revealed that the defunct exchange Mt. Gox began moving coins internally, potentially for creditor repayments.The leading cryptocurrency by market value dipped 3%, briefly falling below $63,000 after testing the $65,000 mark during early Asian trading hours. The decline occurred as the wallet associated with Mt. Gox initially moved 0.021 BTC ($1,000) to a blockchain address. This small movement, likely a transfer test, was followed by a significant movement of 44,527 BTC ($2.84 billion) to an internal wallet, as tracked by Arkham Intelligence. The movement was likely part of the repayment plan, according to on-chain sleuth Lookonchain.Mt. Gox, once the largest bitcoin exchange globally, went bust in 2014 after losing hundreds of thousands of bitcoin in a hack. The exchange began repaying its debt on July 4, raising fears of mass selling by creditors who have waited for reimbursements for a decade. Bitcoin's drop also impacted the broader market, with ether, the second-largest digital asset by market value, dipping over 2.5% to $3,400. The CoinDesk 20 Index (CD20), a broader market gauge, fell over 2% to 2,182.
While most people were panicking during this recent crypto dip,
I have been buying more.
#BinanceTurns7 #Mt_Gox_BTC_Dip
I have been buying more.
#BinanceTurns7 #Mt_Gox_BTC_Dip
#Mt_Gox_BTC_Dip https://app.binance.com/uni-qr/cart/10881919870306?l=en&r=162232617&uc=web_square_share_link&uco=gWzobDemUlJKGWxIsnyeSQ&us=copylink
To prevent liquidation in the cryptocurrency market, consider the following strategies:
1. *Position sizing*: Manage your risk by allocating a smaller percentage of your portfolio to each trade.
2. *Stop-loss orders*: Set stop-loss orders to automatically close positions when prices fall below a certain level.
3. *Risk management*: Set a risk-reward ratio and stick to it to limit potential losses.
4. *Diversification*: Spread investments across different assets to minimize exposure to any one particular market.
5. *Hedging*: Use derivatives or other instruments to offset potential losses.
6. *Regular portfolio rebalancing*: Adjust your portfolio to maintain an optimal asset allocation.
7. *Stay informed*: Monitor market trends and adjust your strategy accordingly.
8. *Avoid over-leveraging*: Don't borrow too much to trade, as this amplifies potential losses.
9. *Set realistic expectations*: Understand that losses are a natural part of trading and don't take excessive risks.
10. *Stay disciplined*: Stick to your strategy and avoid impulsive decisions based on emotions.
Remember, even with these strategies, there is no guarantee against liquidation. Always be prepared for potential losses and adjust your approach as needed.
$BTC $ETH $BNB
#ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #BinanceTurns7 #US_Job_Market_Slowdown
1. *Position sizing*: Manage your risk by allocating a smaller percentage of your portfolio to each trade.
2. *Stop-loss orders*: Set stop-loss orders to automatically close positions when prices fall below a certain level.
3. *Risk management*: Set a risk-reward ratio and stick to it to limit potential losses.
4. *Diversification*: Spread investments across different assets to minimize exposure to any one particular market.
5. *Hedging*: Use derivatives or other instruments to offset potential losses.
6. *Regular portfolio rebalancing*: Adjust your portfolio to maintain an optimal asset allocation.
7. *Stay informed*: Monitor market trends and adjust your strategy accordingly.
8. *Avoid over-leveraging*: Don't borrow too much to trade, as this amplifies potential losses.
9. *Set realistic expectations*: Understand that losses are a natural part of trading and don't take excessive risks.
10. *Stay disciplined*: Stick to your strategy and avoid impulsive decisions based on emotions.
Remember, even with these strategies, there is no guarantee against liquidation. Always be prepared for potential losses and adjust your approach as needed.
$BTC $ETH $BNB
#ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #BinanceTurns7 #US_Job_Market_Slowdown
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$BTC $NOT $ETH
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$BTC $NOT $ETH
#notcoin #telegram #tonecoin #ton #airdrop
today huge profit in this market let's show your skill and knowledge share with me because I fresher in market how to first step trending
$BTC $ETH #Mt_Gox_BTC_Dip #US_Job_Market_Slowdown
$BTC $ETH #Mt_Gox_BTC_Dip #US_Job_Market_Slowdown
Can someone help me out here. Does binance charge for conversion of btc to usdt. I lost $71 today just for converting .
this is frustrating #BinanceTurns7 #HelpPepule #BinanceTournament #Mt_Gox_BTC_Dip #ETH_ETF_Approval_23July
this is frustrating #BinanceTurns7 #HelpPepule #BinanceTournament #Mt_Gox_BTC_Dip #ETH_ETF_Approval_23July
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🏹$BNB 🏹
long
Entry: cmp 566
#bnb
long
Entry: cmp 566
#bnb
After bouncing off the lower trendline support on July 5th, the market has broken through the upper trendline resistance and is now retested it from a price of $62.3k. Currently, the price of $BTC is above $64k and heading towards $67.5k. The lower trendline support has consistently prevented the market from falling, as seen in the chart where it has acted as both support and resistance multiple times. This recent test of the trendline support appears to be the final one. If we break through the $67.5k level, there is a high probability of reaching $70k. Given the change in market sentiment following the assassination attempt on Donald Trump, it seems the bullish momentum will continue. #BinanceTurns7 #Mt_Gox_BTC_Dip
The bankrupt exchange #MtGox has become active and started moving its bitcoins
1 hour ago, the exchange sent 44,527 #BTC to another wallet, likely preparing for payments to creditors. We may soon see significant selling pressure again.
#Mt_Gox_BTC_Dip #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions
$BTC $ETH $SOL
1 hour ago, the exchange sent 44,527 #BTC to another wallet, likely preparing for payments to creditors. We may soon see significant selling pressure again.
#Mt_Gox_BTC_Dip #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions
$BTC $ETH $SOL
peace Alaikum Binanc one the right App It is This From Very money would earn Is #ETH_ETFs_Approval_Predictions #VanEck_SOL_ETFS #US_Job_Market_Slowdown #BinanceTurns7 #Mt_Gox_BTC_Dip
Mt. GOX Moved 44,527 $BTC ( 2.84B ) to an internal wallet 5 minutes ago , which may be preparing for repayment .
which may cause panic in market thier is also low volume in Bitcoin.if the volume in bitcoin does not increase , we could see the price fall back to $62000". #BTC☀ #Mt_Gox_BTC_Dip
which may cause panic in market thier is also low volume in Bitcoin.if the volume in bitcoin does not increase , we could see the price fall back to $62000". #BTC☀ #Mt_Gox_BTC_Dip
Every #trade is a #battle and winning battles requires preparation. And since uncertainty is the only thing that’s certain about the markets, you should learn to identify the possible scenarios and prepare contingencies for them.
Having plans for every likely scenario increases your chances of closing your trades without losses.
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👍 likes | 🤞Share | ✍️comment
#ETH_ETFs_Approval_Predictions #Quote #Mt_Gox_BTC_Dip #BinanceTurns7 #US_Job_Market_Slowdown
Having plans for every likely scenario increases your chances of closing your trades without losses.
for more Follow @Arveel
👍 likes | 🤞Share | ✍️comment
#ETH_ETFs_Approval_Predictions #Quote #Mt_Gox_BTC_Dip #BinanceTurns7 #US_Job_Market_Slowdown
🚨$OM Update: 🚨
Currently, $OM is experiencing a downward momentum on the 15-minute candlestick. However, the 4-hour candlestick tells a different story with an overall uptrend momentum.
Key levels to watch are the support at $1.0125 and resistance at $1.2843. If $OM breaks above the $1.2843 resistance, we could see a strong upward move.
On the flip side, failure to break this level may lead to a downward shift. Stay alert and manage your positions wisely!
#ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #BinanceTurns7 #SOFR_Spike #US_Job_Market_Slowdown
Currently, $OM is experiencing a downward momentum on the 15-minute candlestick. However, the 4-hour candlestick tells a different story with an overall uptrend momentum.
Key levels to watch are the support at $1.0125 and resistance at $1.2843. If $OM breaks above the $1.2843 resistance, we could see a strong upward move.
On the flip side, failure to break this level may lead to a downward shift. Stay alert and manage your positions wisely!
#ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #BinanceTurns7 #SOFR_Spike #US_Job_Market_Slowdown
$ETH Got Rejected At The Key Resistance of $3500 📉
If This Breakout Occurs, Then Eth Could Potentially Exceed Towards $4800 🚀
📊 Eth breaks out of that descending trend line (in Yellow) & resistance of $3200 starting this week on an excellent note, but the further upside move faced rejection at $3500, the most crucial level that led to further decline in the past.
Now let me keep it simple. During the last swing which took Eth straight to $3700 in a day after an opening price of $3071, it shattered those two key resistances of $3200 & 3500 like it was a cakewalk. That was the day when ETH ETFs were announced (May 20th ,2024).
📑 So, now after we have one last phase remaining for the opening of ETH ETFs on exchanges, the prices are obviously going to skyrocket. But that time is yet to come and in between the price may hover in the $3200-3500 range. So the retest is in progress and once it breaks that mark, we're in for a humongous rally.
As of now Eth is trading comfortably above the 7DMA (sky blue) & 20 DMA (royal blue) and with all the indicators signalling a bullish outlook, we could see $5000 soon.
As I said earlier in a post, Altseason won't start unless Eth makes a new ATH.
*This is not investment advice. Please do your own research before investing.
#ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #ETH_ETFs_Approval_Predictions
If This Breakout Occurs, Then Eth Could Potentially Exceed Towards $4800 🚀
📊 Eth breaks out of that descending trend line (in Yellow) & resistance of $3200 starting this week on an excellent note, but the further upside move faced rejection at $3500, the most crucial level that led to further decline in the past.
Now let me keep it simple. During the last swing which took Eth straight to $3700 in a day after an opening price of $3071, it shattered those two key resistances of $3200 & 3500 like it was a cakewalk. That was the day when ETH ETFs were announced (May 20th ,2024).
📑 So, now after we have one last phase remaining for the opening of ETH ETFs on exchanges, the prices are obviously going to skyrocket. But that time is yet to come and in between the price may hover in the $3200-3500 range. So the retest is in progress and once it breaks that mark, we're in for a humongous rally.
As of now Eth is trading comfortably above the 7DMA (sky blue) & 20 DMA (royal blue) and with all the indicators signalling a bullish outlook, we could see $5000 soon.
As I said earlier in a post, Altseason won't start unless Eth makes a new ATH.
*This is not investment advice. Please do your own research before investing.
#ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #ETH_ETFs_Approval_Predictions
$PEPE has soared more than 37% in the last 7 days, demonstrating a strong uptrend with significant upward momentum. For PEPE/USDT, key support levels to watch are $0.000001137 and $0.000000963, while resistance levels are $0.000001262 and $0.000001284. Given the recent price action, it is crucial to monitor for potential overbought conditions.
The market is highly volatile, so always set stop-losses and take profits. Avoid using high leverage in your positions to manage risk effectively.
#ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #SOFR_Spike #US_Job_Market_Slowdown
The market is highly volatile, so always set stop-losses and take profits. Avoid using high leverage in your positions to manage risk effectively.
#ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #SOFR_Spike #US_Job_Market_Slowdown
See original
If $BTC passes on $65.200, thats a signal for bull run 🔥
#BinanceTurns7 #Mt_Gox_BTC_Dip #BinanceTournament #Megadrop
#BinanceTurns7 #Mt_Gox_BTC_Dip #BinanceTournament #Megadrop
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$WIF
- Showing strength
Bullish breakout confirmed
Potential entry around $2 - $1.8
OR, waiting for a break and hold above the rectangle for confirmation 🦾
#ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #BinanceTurns7 #SOFR_Spike #US_Job_Market_Slowdown
- Showing strength
Bullish breakout confirmed
Potential entry around $2 - $1.8
OR, waiting for a break and hold above the rectangle for confirmation 🦾
#ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #BinanceTurns7 #SOFR_Spike #US_Job_Market_Slowdown
