The drop will be greater because we still have indices such as Greed very high and prices falling until the indicators show what the market reflects, there will be no rebound $BTC
This correction is about 5 days, something normal would be 60k, something strong 55k and something that would be within the parameters of the flag that forms in a daily candle would be 52k as the heaviest support $BTC Caution ⚠️
Former Chinese Finance Minister Lou Jiwei stressed that China needs to evaluate cryptocurrency developments, especially in light of the US policy shift on #ETF from #Bitcoin . It is regrettable that China still views #criptomonedas as a threat.
😱🫨Unbelievable attack on crypto whale: Millions of dollars lost!👨💻
Blockchain security service ScamSniffer has reported that $32 million worth of tokens went missing after a crypto whale signed off on a malicious transaction. The loss came in the form of wrapped Ether tokens from decentralized finance (DeFi) protocol Spark. The 12,083 spWETH tokens that were withdrawn from the wallet are worth around $32.4 million in current value. Over 200,000 people scammed According to blockchain intelligence firm Arkham, the malicious transaction was powered by the Inferno Drainer scam service. Inferno Drainer, which attempts to trick users into taking control of their finances and targeting popular DeFi apps with fake usage, was spent by ScamSniffer on more than $215 million from more than 200,000 victims, according to a Dune Analytics dashboard. Inferno’s operators reportedly take a 20 percent commission on the stolen tokens. The service was initially shut down by its developers in November 2023, but returned in May of this year. The scam claims to have 28 different blockchains and different DeFi applications. The identity of the phisher, who was involved in the incident, has not yet been confirmed, according to crypto detective ZachXBT; however, blockchain detective #zachxbt has identified the budget as a whale named CZSamSun (not to be confused with user X @samczsun, a researcher at venture capital firm Paradigm). ZachXBT’s posts about the incident have everyone intrigued. A blockchain message sent from the victim’s budget claimed to offer 20 percent points in exchange for the money, but there has been no response yet from the alleged scammer. #Hacker #BTC #binance #ETH
What are these 'consumer protection'? Ways to no longer allow you to make an x100 with a token. And make you pay more taxes. And control your investments more. And control where you put your money.
That's why I think there should be no regulations on crypto for retail investors.
Bitcoin is expected to undergo a correction before continuing its upward movement. This correction could extend to the previous resistance level, which has turned into support after breaking above it, around the $60,000 zone. Be cautious with your trades to avoid negative reversals $BTC
$BTC BIG ALERT ... It is evident that Bitcoin$BTC attempted to retetest the strong resistance zone between $63877 and $64350 six times, but each time it was refused. As a result, BTC will dump if it is unable to navigate this challenging area. stay at $61760-$61050 $60250 . Directly dump to $59500 to $57000 #BinanceLaunchpoolHMSTR
#BTC Accurate Prediction Again 💯 💯.. $BTC $61,500 and $59,480 Target In sight...
Bitcoin ($BTC ) continues its downward spiral, validating my previous prediction. Yesterday's price of $63,758 has dropped to $62,759, confirming the bearish trend. Decreasing volume intensifies selling pressure, indicating further decline. Expect $BTC to dip to $61,500 initially, followed by a potential slump to $59,480.
My accurate forecast demonstrates the prevailing market sentiment. Investors should exercise caution as Bitcoin's value is likely to decrease.
I am aiming for 45k this time, last time 48k dump wasn't enough
This is the moment before my lost brother Long Maestro comes back in a year or so
Despite my name I am not a braindead shorter, I did infact go long months ago from 59k all the way up to 69k. I go when the time is correct, but this time my prediction is clear:
Bitcoin may pump a bit more due to FOMO with rate cuts, but it will inevitably crash. It might not even pump that much more before the dump.
How much will it pump that I cannot precisely predict, human emotions are the single cause of FOMO and it's hard to predict how irrational people can be.
BUT what I do know is price will be lower than current levels in the end, so what should you do?
1. Go short with high leverage because dump is coming (You get liquidated by a sudden pump and then price dumps below your entry level, you cry)
2. Go long to snipe the potential quick pump with SL and trailing stop, and then reverse to short after (Actual viable strategy, needs knowledge and time though)
3. Just keep shorting with small % of your capital every time it pumps at low leverage and keep waiting. (My plan)
4. FOMO into buying which won't even bring you significant profits in the best case scenario (Most retail choose this)
5. FOMO but go high leverage long and pray then cry about manipulation when market dumps and they get rekt (Retail gamblers)
We are going down, a lot of news worldwide is making the market tremble, and it is time for a healthy drop to 40k to think about new highs $BTC #TopCoinsSeptember
German authorities shut down 47 exchanges linked to "black economy"
Authorities sent a loud and clear message to the criminal users of these exchanges: We have found your servers and we have your data, see you soon
Had BingX been hacked?
BingX confirms "minor" losses amid panic over movements in hot wallets
The head of product for the cryptocurrency exchange BingX, Vivien Lin, has confirmed that there was a hack and a "minor loss of assets," which is still being calculated
#BTC Be careful... $BTC Holders: Book your Profit and leave the Market as soon as Possible...
$BTC has successfully breached the $62,372 resistance level, currently trading at $62,354. The next significant resistance levels are $63,165 and $64,890, nearing the 1-month high. With an RSI of 63.79, $BTC is not yet overbought, but momentum is good. A push to $64,500 is possible, though traders often take profits near round numbers, potentially triggering a pullback. But this rising trend are now going to end soon..So be cautious and put your asset after technical analysis...