On Weekly BTC has shown its first bearish sign which is bearish CISD (sign of structure shift)110 - 108k has become very retail area for buy. We might get a bounce from there just to trap buyers. 104 - 102k area is first major buying zone.#BTCWhalesMoveToETH #FedDovishNow #BTC #Market_Update
Today, it became clear that the cryptocurrency market requires stricter regulations to protect investors. The sudden and steep decline in Bitcoin's price caused significant financial losses for countless individuals who had invested their hard-earned money. Such volatility raises serious questions about market stability and the broader impact of Bitcoin’s dominance over the crypto ecosystem.
Despite being a decentralized asset, Bitcoin's price movements often dictate the trajectory of other tokens, even those on entirely separate blockchains. This correlation underscores the lack of true independence in the crypto space, leaving smaller assets vulnerable to Bitcoin’s fluctuations. Speculative trading, market manipulation, and over-leveraged positions exacerbate these issues, causing widespread liquidations during abrupt market corrections. This should prompt policymakers to assess whether additional safeguards, or even direct interventions, are necessary to prevent these events. The U.S. government needs to investigate why Bitcoin, a single digital asset, has such overwhelming influence on an ecosystem meant to thrive on decentralization. These issues highlight the need for tighter oversight to protect retail investors and ensure market fairness.
Keep an eye on **RSR** Nice retest on white zone and 50sma support, trend line break will be good. It can achieve red line target 0.022 level and that is 4-5x.
Ftx is to pay back their customers.. gee SBF wali exchange is paying back.. and paying back in USDC(crypto token, will be paid to the people jinke funds phass gaye thy bankruptcy me) and that's about $15B in usdc... Back in crypto.Aan dyo #FTXRecovery #Write2Earn! #binance4ever