Bitcoin surged past the $45,000 key level and is now trading near $47,000. Tomorrow's decision on spot $BTC ETF will result in high volatility in market. The major resistance level is between $48,000-$49,000.
IF ETF (#etf )IS APPROVE IN 48HRS THE MARKET WILL SKYROCKET
IF THE ETF (#BTCETFSPOT )FAILED WE WILL SEE #BTC TESTING 37K LEVEL WE HAVE 90% CHANCES OF ETF APPROVAL.
PLS; STOP THE PANIC 🚫
FAKE CRYPTO ANALYSTS ARE SEEING CRASH IN THE MARKET, SOME SAID THEY ARE SEEING A BEARISH TREND.
But, WE ARE STILL VERY BULLISH IN THE MARKET.✈️ Note: EVERY PULL BACK, or, FALL IN THE BULL RUN IS AN OPPORTUNITY TO BUY BACK✈️ Don't sell out, Stop the Panic 🚫. Only the Long term holders WINs🤑 $BTC $ETH $BNB
Ponzi schemes are named after Charles Ponzi, an Italian swindler that moved to North America and became famous for his fraudulent money-making system. In the early 1920s, Ponzi managed to defraud hundreds of victims and his scheme ran for over a year. Basically, a Ponzi scheme is a fraudulent investment scam that works by paying off older investors with money collected from new investors. The problem with such a scheme is that investors on the backend will not be paid at all.
A Ponzi scheme in operation would look somewhat like this:
1. A promoter of an investment opportunity takes $1000 from an investor. He promises to repay the initial value along with a 10% interest at the end of a predefined period (e.g., 90 days).
2. The promoter is able to secure two additional investors before the 90 day period is complete. He will then pay $1100 dollar to the first investor from the $2000 collected from investors two and three. He will also likely encourage the first investor to reinvest the $1000.
3. By taking the money from new investors, the impostor is able to pay the promised returns to the early investors, convincing them to reinvest and to invite more people.
4. As the system grows, the promoter needs to find more new investors to join the scheme. Otherwise, he will not be able to pay the promised returns.
5. Eventually, the scheme gets unsustainable and the promoter either gets caught or disappears with the money he has on hand. STAY SAFE! STAY SAFE!!
Bitcoin has been struggling to surpass the resistance area, and it has been rejected from there once again. Meanwhile, altcoins are hitting hard because the spot #BTC ETF decision is on 10th January and we may see high volatility in Bitcoin the same day. Keep tight stop loss in open positions. $BTC $ETH $BNB
Satoshi Nakamoto mined the genesis block on 3rd January 2009. The Bitcoin network has completed 15 years today. Happy Birthday Bitcoin 🎉🎉 #BTC #SatoshiNakamoto $BTC
A staggering increase in the SHIB burn rate has been detected as cryptocurrency whales have been moving trillions of SHIB around.
Shibburn wallet tracker has spotted an extensive increase in the Shiba Inu burn rate metric after several hundred million SHIB meme coins have been transferred out of the circulating supply.
As this massive amount of Shiba Inu has been incinerated, several SHIB mega-large whales have been noticed to move billions and trillions of meme coins.
SHIB burn rate skyrockets
Per recent data shared by the above-mentioned source, within the last 24 hours, the Shiba Inu community managed to dispose of 235,603,488 SHIB in total – this amount of meme cryptocurrency is evaluated at merely $2,482 in fiat.
The increase printed by the burn rate amounted to a whopping 48,083.50% - a value that has not been seen too frequently in recent weeks. This impressive surge in burns was achieved via sixteen transactions and the most of all these SHIB was burned in a single move as 220,729,973 Shiba Inu were sent to an unspendable blockchain wallet.
The second largest SHIB transaction carried 13,140,241 meme coins, while a few others contained less than 1 million SHIB.
The SHIB community seems to be striving burn as much SHIB as possible since when a substantial amount of coins get burned, this is expected to raise impact the coin’s price. Recently, Shiba Inu Discord admin DaVinci stated that all the funds for burning Shiba Inu have to come from users – whether it is transaction fees on Shibarium or individual burns.
The SHIB developer team has also been burning massive quantities of SHIB coins – in December and the last week of November, they burned four chunks of approximately 8.5 billion Shiba Inu, making it more than 36 billion SHIB in total.
Disclaimer: The opinions expressed by our writers are their own and do not represent any financial advices of any kind . The financial and market information provided is intended for informational purposes only #BinanceSquare
ARE YOU READY? GET READY GUYS. Bitcoin drops during the bull runs. #BTC is behaving more stable and mature in the current rally. This is because of the increased information and knowledge about the crypto market.
WATCH OUT AS BITCOIN PULL BACK TO BREAK 44K/45K RESISTANCE LEVEL
THE NEXT MOVE TO TEST IS 48K LEVEL AND 50K LEVEL
NOTE THIS
IN PREPARATION OF THE BULL Run WE BUY MORE OF ALTCOIN, THEN, THE MAJOR COINS
BAG MORE OF Afriq Arbitrage System Token (AASTOKEN ) REMEMBER IT'S STILL TIME TO BUY MORE from their ongoing PRESALE website, as the CEO, Tech Expert and Crypto analyst promised their community open market trading by January ending in preparation for the bull run
NOTE THIS: AS WE BUILD ALL THE REAL life USECASES OF AAS TOKEN ON GROUND also WE ARE BUILDING THE MECHANISM ALREADY TO BURN AND REDUCE THE TOKEN SUPPLY, SO, AS TO SKY-ROCKET THE TOKEN PRICE OF AAST + THE USE-CASES already on ground: we are doing it different, said AAST CEO.
NOTE This is not a paid Ads, nor, financial advice. Do Your Own Research, and stay safe in Crypto market!
40K SUPPORT LEVEL HOLD BACK THE FALLING TREND AS PREDICTED ON THE 19TH OF NOVEMBER by Jesam Michael (A Crypto Analyst)
REMEMBER SAME 40K WAS RESISTANCE HOLDING THE MARKET FROM GOING UPWARD
THIS TIME THE RESISTANCE HAS TURN SUPPORT
NOTE THIS ANY TIME THE TABLE TURN THERE IS A NEW MOVE
$BTC IS GOING TO TEST 44/45K RESISTANCE LEVEL THE 3RD TIME IN THE MONTH OF DECEMBER
BREAKING ABOVE THE 45K LEVEL WE WILL SEE BITCOIN TEST 50K LEVELS THEN 60K THEN 65K BEEN THE PREVIOUS BULL RUN RESISTANCE LEVEL THAT SEND BITCOIN TO 15,800 LEVEL IN MARCH APRIL 2023
NOTE THIS THE BULL RUN PHASE 1 HAS STARTED ITS TIME TO BUY ALTCOIN THAT WILL CHANGE UR LIFE IN THIS BULL RUN
BAG MORE OF AAS TOKEN (AAST) from the ongoing Pre-sale now, and open market by January AND WATCH THE CRAZY MOVE OF THE BULL MARKET.