#Bitcoin Bull Cycle Cheat Sheet 🟠 Bottom 🟡 Halving Year | Hammad Zaheer on Binance Square

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#Bitcoin Bull Cycle Cheat Sheet🟠 Bottom
🟡 Halving Year
🟢Bull Run & Peak
🔴Bear Market
#BTC
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Ex-Binance CZ Makes Crucial Warning as Bitcoin Hits New ATH Changpeng Zhao (known throughout the crypto community as CZ), a co-founder and former CEO of the world’s biggest exchange by trading volumes, Binance, took to his account on the X social media platform to share his take on the recent Bitcoin price surges and the future of the BTC price. CZ comments on Bitcoin ATH This week, the world’s largest cryptocurrency soared by 11%, rising from $69,350 to touch the $77,000 level. After that Bitcoin traded between $75,000 and $76,000. Over the past 24 hours, BTC soared to hit the $77,252 mark, reaching the second all-time high this week. In light of these new historic records, CZ, an influential figure in the crypto industry, issued a statement to warn investors and holders about the further dips and highs Bitcoin is bound to demonstrate. CZ issued a warning that hodlers should “apply proper risk management and control their greed. “Don’t put your eggs in one basket. Ape slowly, Changpeng Zhao tweeted. CZ reacts to FTX collapse "anniversary" In a recent social media post, CZ recalled the loud FTX collapse that took place in early November 2022. While that happened two years ago CZ reacted in the comment that for him it feels like “definitely 20 years ago.FTX collapsed Nov. 8, and CZ announced that Binance had concluded a non-binding agreement to purchase its major rival back then FTX was the second biggest cryptocurrency exchange. However, later Binance backed out of this agreement saying that FTX had faced a significant liquidity crunch. FTX founder and former CEO Sam Bankman-Fried was accused of defrauding investors of the exchange for billions of U.S. dollars in an attempt to save his rapidly sinking trading company Alameda Research, which collapsed earlier that year. Bankman-Fried was sent to prison for 25 years. Still, CZ himself faced charges from the U.S. Department of Justice (DOJ) for violating security and anti-money-laundering laws. However, unlike SBF, CZ spent only four months behind bars this year. #BTCBreaks80KATH #BTC☀ $BTC

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9 Alternatives to Grass for Earning with DePIN Projects 1st Rivalz Network Rivalz provides a unique AI-driven platform that rewards users for sharing and processing data. The network incentivizes participants to run nodes to earn points redeemable in the form of RIZ tokens. The testnet encourages users to contribute to the decentralized infrastructure of AI data applications, with a leaderboard for high rewards based on participation. To participate in the Rivalz airdrop, users must link their wallets and complete social engagement tasks to earn points 2nd Dawn Dawn is a decentralized communication protocol designed to bolster the Solana ecosystem, which is nearing capacity. Positioning itself as a key player in decentralized internet access, Dawn has secured $33 million ahead of its anticipated token generation event (TGE). 3rd Kuzco Kuzco is a decentralized GPU network optimized for efficient language model processing, backed by a16z. Designed for high-speed AI computations, Kuzco incentivizes users to download and run its software, rewarding them for contributing idle computing power. The platform offers farming rewards, making it an attractive option for those seeking to harness Kuzco’s processing power. more info is My Telegram channel Join and get information and participate @HamiTraderr #GRASSAirdrop #Trump47thPresident #BTC☀

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Short squeeze alert for December 8: Two cryptocurrencies with potential to skyrocket An altseason is brewing in the cryptocurrency market, with most cryptocurrencies showing bullish signals Most projects now have a balanced long/short ratio in the derivative market, which hardens the likelihood of a short squeeze event Looking into data by CoinGlass on December 8, Finbold spotted two particular cryptocurrencies with asslightly higher weight towards short positions.m Essentially short-sellers dominance usually indicates a bearish sentiment but also creates an appealing upward liquidity for short squeezes. In particular BNB Chain (BNB) and Bitcoin Cash (BCH) show an open interest heavily weighted toward shorts over long positions in both the 12 and 24-hour time frames. If an altseason really occurs these two digital assets could face a short squeeze. BNB Chain (BNB) short squeeze alert Notably, uncertainty over the cryptocurrency exchange Binance also affects the BNB’s performance. This impact can be observed in a dominant bearish indicator for open short positions in derivatives. The native BNB Chain token is trading at $234.57 by press time, with 52% of shorts dominance. Respectively, there are $194.05 million and $331.90 million in open short positions in the last 12 and 24 hours BNB Long/Short ratio on 12 and 24 hours Source: CoinGlass Bitcoin Cash (BCH) short-sellers could be liquidated In the meantime, Bitcoin Cash is another highly shorted cryptocurrency. For that reason, it has also experienced aggressive short squeezes in the past, which could occur again under the right conditions. Interestingly, there are $150.43 million of opened short positions in the last 24 hours. Out of which, $66.23 million happened in the last 12 hours, for 53.73% of this time frame open interest BCH Long/Short ratio on 12 and 24 hours A short squeeze occurs when these bearish positions get liquidated facing a surge in demand and price The increased demand causes a high volume of buy orders to liquidate exchange books #BTC $BCH $BNB

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