#BTC In the past week, there was widespread bullish sentiment, with many people creating FOMO through their imaginary trend lines on charts. But look at our current situation. Those so-called technical experts who were once extremely bullish are now turning bearish and again sketching their charts with unrealistic lines. In the world of crypto, technical analysis often proves to be just a figment of imagination; anyone can draw their own trend based on personal expectations by adjusting the time frame. It's a 50/50 chance that they might get it right, and if they do, they flaunt it and label themselves as experts.The most reliable technical analysis comes from observing market sentiment: when everyone is bullish and creating FOMO, that's usually a sign to expect a dump. Conversely, when everyone is bearish, it's wise to anticipate a pump. This recent dump is a perfect illustration; just last week, everyone was projecting prices of $70k. $BTC $ETH $SOL #BinanceLaunchpoolHMSTR #EIGENonBinance #BTCUptober #BTCPredictedNewATH #BTCReboundsAfterFOMC
We all have been arguing on Square that whether $SOL is gonna go up or down. imply follow the 3:1 candle graph to analyze it yourself and maintain a good sneak peak on the trend. according to my analysis $SOL is gonna go up. Upto 145 if it breaks the 137 markup.
Watch Out for the Whale Trap! 🐋🚨 Ever noticed those sudden market drops that seem to come out of nowhere? It could be the work of a "whale trap," a cunning strategy used by major players to manipulate the market. Here's the play-by-play: Massive Sell-Off: A whale initiates a huge sell-off, sparking panic among smaller investors. Prices begin to dive, and fear spreads like wildfire, leading to even more selling. Panic Selling: The initial drop triggers a domino effect. As fear grips the market, more investors rush to sell, driving prices down even further. Strategic Buy-Back: Once prices hit rock bottom, the whale swoops back in, buying up assets at a bargain. This move not only boosts their holdings but often triggers a market recovery. This strategy is all about shaking out less experienced investors and accumulating assets at dirt-cheap prices. In the unpredictable world of crypto, these tactics are not just common—they’re highly effective. Stay sharp, and don’t let the big players outsmart you! #MarketDownturn #MarketMoves #CryptoWisdom #BinanceAlert #Write2Earn!
URGENT! MUST READ!! ~ Is #Bitcoin about to PUMP to 80k? Find out in this post. ~ Let's look into the chart: First of all, I want to let you guys know that 80k won't happen instantly and that it will take time, I'm expecting $BTC to reach 80k within the next 50–60 days. With that being said, here's a more recent update: ~ 4H: As I said in the quoted post, bitcoin did end up recovering from the green zone and it was genuinely a very good long. Now, with that being said, I'd personally close 70% of the trade here and move my SL to entry. ~ 1D: On the daily, we can see we're getting rejected off of the 20 EMA and the 0.618 fib level, we broke out of the 200 EMA resistance, which is a very good thing to see. More on the resistance part in the weekly. ~ 1W: On the weekly time frame, you can see we got a strong rejection off of the 20 week EMA, which is a very strong level of resistance. 61k to 61.8k is a very strong level of resistance for #BTC and I'm expecting to see bitcoin struggle here for a bit. Once the resistance is broken, it's clear skies above. We'll soon see 80k Bitcoin when that happens. So buckle up, it's right around the corner. ~ If we reject on the resistance level, the next support levels are there to see in the weekly charts, 0.5, 0.382, and 0.236 fib levels are all support levels. But I don't expect BTC to go below the 56.2k level; this is the worst case scenario possible in my books right now.
1-: 🇮🇱 🇮🇷 Israel places its military on its highest state of alert. 2-: 🇺🇸 🇮🇷 United States prepared for significant attacks in the Middle East by Iran, White House says. 3-: 🇮🇷 🇺🇸 Iran plans to launch simultaneous attacks on US military bases located in Syria and Iraq, while also targeting Israel, Washington Post reports. BTC GOING DOWN What do you think?
$BTC # is currently showing some upward movement, but let's not get carried away by the buzz about it potentially reaching 80k. While that target is within the realm of possibility, it’s far from guaranteed. In fact, I anticipate a drop to the 55,600 level before we can see any real, sustainable gains. This level is crucial; it needs to be tested and held for us to consider any future pumps legitimate.
You might remember my last post on the bull run when I mentioned that the market would likely go up. That prediction may hold true, and we may see significant gains. However, the market is different now—what goes up must eventually face resistance, and we might be nearing that point.
Right now, any continued upward movement should be approached with caution. It’s like building a castle on sand or relying on wood that's slowly being eaten away by termites. The foundation isn’t as solid as it appears, and until BTC holds this 55,600 zone, we shouldn’t be too quick to declare another bull run. In fact, if BTC fails to maintain this level, we could be looking at a further decline.
So, while the potential for a rise to 80k exists, it’s important to keep our expectations in check and remember that the market can be unpredictable. Make sure to do your own research and approach any investment decisions with a clear head.
The upcoming bull market is expected to span 8-14 months, with considerable fluctuations anticipated throughout. Here are a few potential scenarios: Scenario 1: The bull market might commence in late 2024 and reach its peak between May and July 2025. After achieving a new all-time high (ATH), the market could experience a lower high or a dead-cat bounce later in 2025. However, this is the least likely scenario due to expected monetary expansion and global fiat currency devaluation, which may drive the cryptocurrency market to unprecedented highs. Scenario 2: The classic scenario suggests that the bull market will last a full year, from November 2024 to November 2025. Scenario 3: Drawing from recent market behavior in 2023 and early 2024, this scenario predicts the bull market could extend beyond 14 months, potentially lasting up to 20 months. Given the current market's unpredictability, accurate predictions will depend on incoming data. The Possibility of a Super-Cycle Though not the primary focus of conservative forecasts, there is a potential for a super-cycle, where the bull market could exceed 14 months and extend up to 26 months. While unprecedented, this scenario is worth considering given the unpredictable global financial landscape and the growing adoption of cryptocurrencies. Following the bear market of 2022, the accumulation phase extended over 500 days. However, the current corrective phase in 2024 has been less severe, resulting in a shorter accumulation period. The accumulation phase preceding the next bull market is expected to last between 3-6 months (90-180 days). The next bull market presents significant growth opportunities, with various scenarios indicating substantial potential. While it's important to remain cautious in our predictions, the outlook for cryptocurrencies appears promising. Thank you for your continued support. $BTC $XRP #TONonBinance #XRPVictory #MarketDownturn #BlackRockETHOptions #Babylon_Mainnet_Launch
As of August 10, 2024, Toncoin (TON) is valued at around $6.649. Analysts are observing potential volatility, with projections suggesting that TON could rise to $10.11 by the end of the summer. However, market indicators are mixed, and there's a possibility of a dip to approximately $9.93. Recent price dynamics have been shaped by heightened selling pressure and broader market uncertainties. Nevertheless, Toncoin has entered a significant accumulation phase, which could signal a bullish trend in the near future.
The XRP community has been alerted with an important warning. As Ripple's new stablecoin, RLUSD, enters the testing phase, XRP Scan, an XRP Ledger explorer, has cautioned the community to stay vigilant against scams falsely claiming to be RLUSD issuers.This warning follows an earlier notice from Ripple, which pointed out an increase in scams attempting to exploit Ripple's recent legal victory over the SEC.In a major win for Ripple and the broader crypto industry, the court significantly reduced the SEC's demand by about 94%, ordering Ripple to pay $125 million in civil penalties, concluding a nearly four-year legal dispute. However, this victory has also attracted scammers seeking to take advantage of the positive sentiment and growing interest in XRP.Ripple issued a tweet warning the community: "Following Wednesday's historic victory, we've observed an increase in scams. Please be aware of fraudulent Ripple accounts, fake executive profiles, and others promoting XRP giveaways or airdrops. Ripple and its executives will never ask you to send funds anywhere."As RLUSD stablecoin enters beta testing, Ripple shared that RLUSD is now available for testing in private beta on the XRP Ledger and Ethereum mainnet, generating excitement in the XRP and wider crypto community.XRPScan also echoed the warning, advising the XRP community to be cautious of scams claiming to distribute RLUSD, and to always verify accounts before trusting them.The introduction of RLUSD represents a significant milestone, bringing Ripple closer to adding more high-quality assets to the XRP Ledger, thereby creating new opportunities, liquidity, and institutional use cases for users, developers, and applications.Despite the excitement, Ripple warns the community to be wary of scammers claiming to distribute RLUSD, as the stablecoin has not yet received regulatory approval and is not available for purchase or trading. XRP Scan reiterated this caution, urging the community to verify accounts before trusting them.
Bitcoin has recently climbed past the $60K mark, sparking renewed interest in the cryptocurrency market. This surge can be attributed to a mix of factors: increasing institutional adoption, inflation concerns driving investors toward digital assets, and ongoing developments in blockchain technology. Historically, Bitcoin has shown resilience and the ability to reach new highs after breaking key resistance levels.
However, the journey to $70K and beyond isn't guaranteed. Market volatility, regulatory changes, and macroeconomic factors could all influence its trajectory. While the current momentum is strong, it's crucial to stay informed and consider both the potential gains and risks in this unpredictable market.
WHAT ARE THE ODDS THAT BITCOIN GONNA MAKE ANOTHER LEAP? $BTC $BTC With Bitcoin hovering around $60,970, I can't help but wonder if we're on the brink of something big. The market is buzzing, and there’s a mix of excitement and caution in the air. With so much happening in the world—economic shifts, rising interest in crypto from big players—it feels like the perfect storm for another BTC surge. But of course, nothing’s ever guaranteed in this space. The volatility keeps us all on our toes, but that’s part of the thrill, right? I’m keeping a close watch—this could get interesting.