Bitcoin to breakout at 2:30 PM GMT after US opening? 👀🚀
I’m loving what I’m seeing on $BTC so far! It did a breakout from 103K to 107K, then on the opening of Asian market it tried to push above 107K but faced a resistance and didn’t have enough volume to push higher. Now, did a correction to 105K, which formed a good support zone and slowly started going up again forming a zone for a breakout.
This is good sign of another attempt to break past 108K to go all the way to 110K at 2:30 PM GMT when the US market opens! It could try to push down in the opening but as long as we are above 105K zone, we are safe.
Bitcoin currently has 2 strong support zones. 105K and 103K, if these two are broken, then we will see Bitcoin going down all the way to 98K-100K zone which is pretty bad for the market, and it will make alt coins bleed more than ever. But I’m so optimistic that it won’t happen, and we will see Bitcoin going for 110K-120K before any other dips.
Also, $ETH broke the 4000 resistance as I told you yesterday, it currently depends on Bitcoin and just follows its path, so if Bitcoin keeps going and reaching other highs then we will see Ethereum going for 4200-4350.
What are your thoughts on the market? Are you bullish or bearish? 🤔
whoever has not run a business does not know how much money parasites take. you earn 10,000 zlotys you give half to the state right away, and later in taxes added to everything.
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Arthur Sellman
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Dear compatriots, the state is screwing us, so let us screw the state. they write, they appeal, crypto is bad, but 19% of crypto is good.
pff. me since yesterday 5 positions opened on xrp, ltc, modeng and either liquidation or heaven. 😎 I'm done with crypto because I'm tired of this setup
a trap for bears, not bulls. now many newbies have entered shorts. longs have been recently cleaned out of money, now it's time for shorts who didn't realize
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Ari Trading BR
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🚨 Don’t Fall for the Bull Trap! 💡📉
What you’re seeing right now is probably a bull trap—prices go up 5%, 10%, or even 15%, tempting you to buy. Then, suddenly, they plummet. 🛑 Here’s What You Should Do: 1️⃣ Buy the Dip: If prices drop, it’s a buying opportunity—but don’t panic! 2️⃣ Hold Your Ground: Don’t sell out of fear or panic. Patience is key. 3️⃣ Trust the Market: Prices often recover, whether it’s within a day, a week, or a month. 💡 Remember: Selling out of fear fuels a bear market. By holding, you protect your position and benefit from the eventual recovery. Stay calm and focused! 💎🙌
Long Entry: $0.005450 – Target: $0.005600, $0.005700. Stop Loss: $0.005400. Short Entry: $0.005400 – Target: $0.005300, $0.005200. Stop Loss: $0.005460.
The chart suggests consolidation near $0.005430 after a strong rally. A bullish breakout above $0.005450 could lead to further gains. However, failure to sustain this level may trigger a bearish reversal toward lower targets. Watch closely for volume confirmation!
what tax? and if I lose for example 10 thousand $ will the government give me back 1900? I prefer to send money to Africa than withdraw it in Poland and pay taxes
LIVE
KO-BTC
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Taxes and cryptocurrencies in Poland
The tax law in Poland regarding cryptocurrencies regulates several key areas related to income, income tax and VAT. Here are the basic rules: 1. Personal Income Tax (PIT) Profits from cryptocurrency trading are taxed as income from monetary capital. As of 2019, the following rules apply: Tax rate: 19% of income, i.e. the difference between revenues and costs of obtaining revenues. Costs of obtaining income: include expenses for purchasing cryptocurrencies, e.g. on exchanges or in exchange offices. It is important to have proof of purchase (e.g. invoices, transaction confirmations).
what are you saying?. yesterday 400$ invested, 9000$ closing all positions with one click. I was jumping for joy. I take the phone in my hand, open the wallet and there is $70.
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bit_bull_believer
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woke up to this 😖😫 All the profit booked gone in one night. it's all rubbish big whale eating all small traders. when we will earn or save our investments ? it's pathetic that nobody controls this kind of dump
learn to take profits. if the price goes down you will be happy you got out. if it goes up you will be kicking yourself for not holding on. you are risking profit or capital
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SuperFast TM
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Bearish
$XRP you see that yellow line? That’s a 50-day EMA and the green bars will turn red and hit that yellow like at around $1.3 or $1.4.
All those fomoing into XRP will sell, and 99% of today’s will end up with a loss. Market stats.
aiming xrp around dollar to buy. Fomo will end when whales start making money. imagine that guy bought 10 million $ for 0.7 cents. cashing in on a stabilized position to
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Signal Node
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$XRP FOMO: The Calm Before the Storm
The current frenzy around XRP is a textbook case of fear of missing out (FOMO), but the reality may soon hit hard. Here’s why the excitement could turn into disappointment for many:
1. Whale Manipulation at its Peak XRP’s rapid rise has been fueled by whales controlling the market:
Pump and Dump Tactics: Whales inflate prices to lure retail investors, only to dump their holdings at the peak, causing sharp declines.
False Signals: The manipulation creates an illusion of strength, driving FOMO-driven buyers into risky positions.
2. Fragile Market Position Experts doubt XRP’s ability to sustain its position as the 3rd largest cryptocurrency by market cap:
Unsustainable Metrics: The inflated valuation lacks fundamental support, making it vulnerable to corrections.
Market Ripple Effect: If XRP retains this rank, it could distort capital flows in the crypto market, impacting Bitcoin and other altcoins negatively.
3. Imminent Correction Below $2 The signs of a drop are evident:
Overhyped Price: Retail traders buying at current levels are setting themselves up for losses when XRP retraces to fill fair value gaps below $2.
Lack of Stability: Rapid upward movements often precede equally sharp corrections, and XRP is no exception.
4. Long-Term Market Risks If XRP’s artificial rise continues unchecked:
Investor Distrust: Manipulation erodes trust in the crypto market, deterring institutional and retail investors.
BTC and Altcoin Impact: Capital shifting toward XRP could drain liquidity from more stable cryptocurrencies like Bitcoin, destabilizing the market.
Conclusion
The FOMO around XRP is setting the stage for significant losses among retail investors. With whales at the helm and experts questioning its valuation, a dip below $2 seems inevitable. Investors should tread carefully, as the crypto market’s stability hinges on rational, sustainable growth—not manipulation.