#btc Topic - war is coming and it will massively affect the market.
Today btc crashed and it was expected. But the worst to come. Japan is bankrupted country with one of the highest debt in the world. US also bankrupted but they keep printing money. Over all there nothing looks good at the moment.
Ok they are selling the news for the fed cut rate and after that what? Don't you learn yet from the trump btc conference news? Do you remember what's happened after btc touched 70k?
Ok, now there is a war in middle east coming probably in coming hours or days. This war might cause another crash in the market and this time it can be really massive.
Topic - War in middle east might have dramatic affect on the market. At the moment there is a very possibility of starting a war between Hizballah-lebonon and Israel. Today a drone fall on stadium in Israel and killed several people and wounded many people. If this war starts, then there might huge crash. #btc
Topic - #BTC might raise due to trump speech (that is weird BTW :)
In case the btc price will raise rapidly on trump I am going to sell and take a profit. #BTC is already very overbought which suggests we may have correction soon. The RSI value is 84 that is very high and you can see in the historical trading whenever we reach that value or above, a follow big correction happened. Don't be greedy. Many alt coins will never reach their old ATH.
At the moment there is a high buying interest and as can be seen below in the snapshot the btc us overbought with RSI almost 84. That means we might have correction soon. Tomorrow maybe there is a raise due to ETH ETF but probably directly after that we might get correction. Let's see how the market will behave
Those who keep saying that the market is down because Germany is selling btc are Fool. And anyone believes that is a naive person. Selling 200-300 million has worth of btc daily doesn't cause a drop. The fear atmosphere in the first day maybe but the following days has nothing to do with Germany selling btc.
#btc doesn't look good. There is high selling pressure. If there will be no demand, we might fallback to the prices of the last week. I am bearish for now. Maybe SL will help. We might get more buyers tomorrow who knows then the prices will up but more probably it will go down.
The truth nobody knows for sure. But I personally think it will dump more as we the revealed data about unemployment rate was worser than expected. It was expected 4% and the actual 4.1%. Don't underestimate this small percentage it has a dramatic impact on the market because it gives a signal regarding economy recovery and recession. I hope the market will recover soon. Stay safe
We saw many scams about coins will be 100x or whatever X. I can tell you that most of those posts are scam and don't listen to that. Be smart and make your calculations. Easy multiple the current market capital of the suggested coin by X and see if it is value similar to leading coins like #ETH and #Solana if the suggested coins will have similar market capital then you know tha it is mostly a scam and you block that person to avoid such lies in future. Some coins with interesting project and very low market capital might X times I agree but you need to lucky there.
#btc Topic - US unemployment rate is at 4% where the expected is 3.9%. This is a negative new already be careful and don't be fooled by the current btc price. I hope there will be no crash.
#BTC those who write to the moon and don't write a good reason with very good technical indicators, you should block them. They will just cause you headache.
Probably you saw what greedy investors did you for you, didn't you. They pushed the prices 1-2% of btc so everyone feels positive and buy btc eth and other coins but they couldn't hold more and then they dump the market and sold their coins at ok price and leaving other small fishes at loss. This tactic they will try again. Don't fall into this trap. Once you are in profit sell out at least part of your coin so you have cash. I am very bearish about the market and I feel there will be a big dump and MCAD and other indicators on daily basis don't support btc pump. I can be wrong of course and I hope so but I am not going to risk anymore now until the market is clear.
Actually there must be regulations in place now I support that because the idea of decentralisation doesn't work as intended let's be honest about it.
You might see a drop in btc and massive drop in alt coins. I definitely believe that whales try to manipulate the market but mostly with altcoins like NOT and so on. But with btc when you see the price does not go up for long time this means that the investors of btc are mostly disappointed. Why? I actually many people write that we have good news blabla but we really had many bad news recently including interest rate, the arrest of this platform and two coins owner companies have huge penalties. One exchange was stolen. So many bad news. Just imagine you have 1 million dollar, will you invest in crypto after all that news? So we it is not always market manipulation or coming from nothing, there must be a very good atmosphere in order gain investors trust and grow more. I hope no more bad news coming soon.
Control #btc price. It is in critical area. Next level 62k or even less if it gets more wild. It may wipe out all your profits. I hope it is stays far away from 65k to positive direction
If the btc keeps drop it can be the good buying area between 0.014-0.015. See in the attachment in liquidazation heat map that the main support lines are that area. It is likely to bounce back once it touches this area. Up to you if you wanna invest.
#NOT #BTC #ETH Topic - Market manipulation maybe coming soon there is strange movements from personal vaults to exchanges like Binance and coinbase etc. This might mean something will happen soon. I lean towards that the whales are moving to exchanges to get stable coins or cash out and run away like cowards.
Because now they have btc or eth in exchange, what they might do is to push #btc prices a bit higher as ingestion so small fishes fuel it, and once they make profit they sell and the market go down. Then after that you will see inverse movements from exchanges like Binance to private vaults as USDT.
So just keep monitoring the market closely and don't forget to set stop loss if trade on spot and not willing to lose money. Up to you in the end. Don't let those greedy people to take your money. Play with them with their game. And I am thinking that we must as community develop an alerting system that prevents those whales from keeping manipulating the market. We need AI and advanced analytics for that.
We must make it in away when they play with us and manipulate the market they will lose money and feel the pain.
#NOT #BTC Topic - Interest rate and inflation rate :
we had today news coming from US regarding inflation rate and interest rate. Inflation rate has slight decrease which was slightly good news. We have also new that interest rate will the same which I don't call it neutral because it keeps the Dollar strong and attractive for investment and keeps people struggling to borrow money from banks to invest anything else including crypto. Another negative new that there will be only one cut for interest rate. Those makes feel bearish about the market. I hope I am wrong
#BTC and here where the fun starts. The market could go or down today and nobody knows for sure. But I see many no sense posts where people talk and ask people to buy without proper analysis. Just because they hold a coin or because they are emotional about it. As I suggestion don't listen to those random people. If you found interesting post then first look the profile of the person who posted and see what were their predictions in the past. They don't need to have always right prediction because nobody does. We all hit or miss but if the post of the person is always superficial and does not make sense then you can safely skip that person.
There are good traders out there with good number of followers and make good analysis and predictions. Once you see a good post, make also your research and see if it makes to buy or sell or wait. The option wait is not bad as people or bots out there are trying to tell you.
#NOT Topic - Market manipulation: Trade wash and Market Price Ramping. Probably you have noticed how the whales are milking your money, didn't you?
From what I observed in #NOT they used at least two kind of market manipulation. Trade wash where the trader place buy and sell orders at the same time to keep the prices a bit stable and then they use Market Price Ramping to increase incrementally the price to give you a feel that the price is going up and you might miss the chance and you become FOMO. Those whales are coordinating among themselves to take your profits. This post was posted on 11.06.2024 15:56:00. If you see the date of post after that you need to know it is stolen from me.
I don't get it why they don't ban whales who clearly make market manipulation. Really unbelievable.
Look at 4H charts and this might improve your decision but currently it can be not enough. Probably the best talent in trading is be patience and not FOMO. Don't be greedy and don't get crazy quickly. Calm down and be smart and don't let the whales to milk your money. Yes, take your time to understand how to take your decision. It is your hard earned money.