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Market Crash as duly warned is finally here! Destructive crash is about to begin as BTC breaks the strong support of $59.3K. Here are two possible scenarios:
1. BTC keeps on hitting the lower lows and drives its way to $47K which is the next ultimate support.
2. BTC recovers and the trend reverses briefly followed by a sharp plunge to $59.3K for a retest.
Markets are on their way to doom! Huge support is needed immediately!
Stay safe!

Bitcoin halving is just a couple of weeks ahead and the #1 crypto asset is under selling pressure struggling to maintain $66K which is a bit hard to digest. Here's what to expect:
1. Sharks and whales are awaiting people to sell low. They're playing with their nerves by spreading negative news like 30,000 BTC is being sold which is a joke.
2. BTC may plunge further down to $62.8K increasing pressure on weak investors and traders to sell BTC and then comes a big rally.
3. All halving events start in red, go sideways and then boom. This one is unnecessarily trying to mock them which is funny. During past halvings; there was no spot ETF, no futures ETF, no mega institutions buying hard and the adoption was just 3000 times low. Absolutely no reason why BTC is under pressure this time.
The drama may end any time and you will get a surprise just after selling BTC.
Remember : No technical correction is needed now!
Stay vigilant , stay safe!

Planning success
Allocating funds wisely is the key to financial success. The world of crypto has three classes you should always be counting on:
1. Crypto assets (Gem Class) is the class about Top 10 assets by market cap that have proven significant utility and impact on crypto markets.
2. Potential Projects (Gold class) is the class about Top 100 assets by market cap. Invest by making thorough research about the projects with the potential to enter the top 10.
3. Dark horses (Potential Gold/Gem) are new projects from the top 10,000 with a potential to enter class 1 and 2.
Always stay liquid to get into something that comes out of the blue and has the potential to go to the moon like new listings on Binance and popular entries etc.
Invest wisely
Cheers

For old traders: Recall the doom in 2022 and compare this extreme fear figure with that. This is exactly how the charts looked but unfortunately the same was aggravated due to failing giant economies led by the US and we saw liquidations amounting to many billion dollars and $700B pulled out since yearly high. This is abnormal but with cryptocurrencies, you will need to learn that abnormality is its beauty!
Stay safe! Do not open aggressive positions but do buy the dip as BTC nears $50K.

It is quite hard to digest but if it continues for another day or two, a massive crash is imminent due to enormous liquidations, massive sell offs and a grand pull out of money from crypto markets($600B already out from the yearly high)!
Watch your positions and top up your margin/futures wallets to avoid flash liquidation, if you are not going to close your position. You can be scared now because the market is all shallow and can collapse anytime like we told you already!

Low liquidity + uncertainty + sinking giant economies = Abnormal market behaviour
Stay away from getting into major positions. Expect freefall anytime and be ready to buy the dip(by staying liquid). BTC can collapse to $47K(not necessarily but there's a possibility if the above conditions continue to worsen) and remain around that level for a year. Crypto is highly risky and stock, Forex and commodity markets are no different.
Stay safe! The market is behaving exactly how it did in 2022.

Look at the IQ of the candidate for US president. Bitcoins are used by criminals. Do the criminals not use Dollars? Before 2010, what criminals used to use? Of course dollars and even today 90% of criminals prefer dollars over Bitcoin. If someone could convey this to her, it will be enlightening for her. She will know how stupid she sounded while making such a pathetic remark!

Trump's great words for Bitcoin and the crypto community are really encouraging but the problem is that the guy is a 'Former' president and a 'Candidate' for upcoming US elections going pretty close to his contestant. Therefore, it is enough with the speculations and the resultant pump. Let some surveys be in and let the Americans get into the elections mentally. It normally happens 2 months before the election. October will be the right month to assess what is going to unfold next and who's going to be in the office of President. The next question will be: Would the guy be the same after he's in power!
The future of Bitcoin is bright and Trump is not the reason behind it! BTC is about to be back to its fair value at $66.9K. stay safe, buy low! cheers!🙂

Selling pressure from rumours about Mt. Gox and USA together causing BTC to plunge. This pressure however, will be neutralised by fresh buying from other governments and institutions. BTC will slip into the oversold zone at $57K and a pump will come thereafter. You can start buying under the fair value ($66K) but the buying should be 10-05. No aggressive positions and no traps to fall for!
Happy trading! Cheers!😉

Hey ETF lovers!!!! Don't expect fireworks for ETH. I can see people still awaiting ETFs to be approved. For their kind information, the awaited approval is already through. It is approved and ready for trading. Grayscale Eth trust transferred $1.1B worth of ETH to coinbase! I'm not sure if the sick fund starts to sell ETH now like they did with BTC. 😂😂😂 Keep your expectations low and grow up! ETFs take time to go!
#BTC☀ #ETFEthereum #EtheruemETF

Top indicators for the upcoming Crypto Boom:

•BRICS is not a threat for the next 5-10 years but after that it will be a serious threat to the USD based global economy.
•USD and some important world currencies were once backed by Gold but are not anymore!
•There's no payment channel/gateway as sharp and globally available as Blockchain offers. Above all it is going to be cheaper than all!
•Blockchain, Cryptocurrency, NFTs, Metaverse etc are being adopted by masses at an unbelievably fast pace. Technological evelopment is going on at an equally enormous speed.
•From 100 in 2009, crypto holders are 600 million today.
Growth rate in 15 years: 6,000,000X which is faster than where the PCs were in 1997(since 1982) and mobile phones were in 1999(since 1984).
Future of Cryptocurrencies is bright! However, the stakeholders need to upgrade themselves and make themselves more open to a transitional hybrid system.
#CryptoNewss #cryptokenfi #Bitcoin❗ #BinanceTurns7

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KEN-FI (Testnet) is now live. Available for web and Android formats.
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Alarming figure on sentiment meter. 27 is not the correct reading as CMC shows. As per our calculations, it is 31. However, even 31 is alarming when apparently, nothing much negative is on the horizon. The reading is comparable to the days after the historic fall of LUNA & USTC. Why is that so? Is the crypto market growing less attractive to the investors? Are the major holders selling and will continue to sell? We will see during this eventful week which can show us fireworks any time!
Stay safe!

Be careful with your trades. Fake bulls may surprise you! $55K stands breached and this is significant. Markets are shallow and can collapse anytime to new lows. We warned everyone on June, the 29th. The negative market sentiment doesn't come for days or weeks. It may take longer if fresh inflows don't pour in streaming! The selling opportunity was there yesterday and may come again but I believe many will prefer holding instead of selling to buy the dip again!
Make wise decisions, stay safe and don't make impulsive moves!

Master caution!🔊🚨🚨🚨
⛔Sentiment reading on the meter is turning negative like hell. Fear and frustration! A spark of bad news may ignite the fire and cause a massive explosion taking the markets to unexpected lows. One of the three top assets may lead the fall! It is time to stay alert! Do not open positions on gut feelings!

So, Bitcoin took strong support at $58K! Right? 😊
Yet another time, we told you well before time! Keep following us for more insights and analysis that's way better than the best! Alhamdulillah!

KEN-FI (KOHENOOR KEN) is consistently maintaining 93% accuracy! KEN-FI provides you the most accurate analysis on the globe! Those who doubt may retrospect and check our posts which are not a few or in dozens but in hundreds. Happy investigating!

Three questions briefly responded:

1. Why are Altcoins crashing to their ATLs?
This is because ETH, BNB, XRP, TRX, SOL and a few others are the liquid ones per circulated supply and market cap PLUS they are trading at or below their fair values. The rest are balloons.

2. How deep can the BTC fall?
To $47,100. However, we believe support will come much earlier! Perhaps around 57K!

3. Futures are killing traders. How long will this stay?
Forever! You make profits and you lose your money trading futures just like in casinos. Don't fear losses if you like to gamble! It will be longs and shorts, all liquidating. One after the other!

Hope you folks are gearing up to enjoy the dip now. We warned you quite in time and those who took the advice are safe. You can start buying in chunks (staggered approach) 10-05. Stay 60% liquid and enjoy trading! Future traders should hedge!

ETH lovers are out of sorts on the poor performance of the super gem!
Relax folks, relax! Top experts have been predicting a super bullish ETH for around a month.
They also referred to the ETF and forecasted $7000-$10,000 to be the target price which is hilarious!
KEN had given a fair price of $4,000 for the year 2024 to ETH, a few months ago and would still go by that. Yes, there can be a 15-20% rise due to the upcoming ETF (recent development).
That's it! ETH is exactly worth this much: $4,000-$4,500...because it is no longer an expensive mining attraction and the use case is just enough to keep it #2 per market cap!
Cheers! 🤗