At approximately 07:20 AM on July 5, 2024, blockchain data shows that the cryptocurrency wallet of Mt. Gox moved 47,299 BTC, worth $2.71 billion, to a new address. This transaction costs only 3.57 USD in fees.
Before that, Mt. Gox confirmed it will begin returning 142,000 BTC assets to customers this July, 10 years since the exchange was hacked in 2014, causing a loss of 850,000 BTC.
By 11:00 AM on July 5, the world's largest cryptocurrency continued to fall below 55,000 USD - the lowest price since February 2024.
Meanwhile, Ethereum (ETH) was also affected, falling to 2,890 USD and the top 100 altcoins all recorded a decrease of 10-20%. 49$BNB
I have experienced the market falling 30-40% due to flash dumps in 2021, dividing my account in 2 and 3 times. Actually at that time I felt depressed and stressed, lost my daily joy, just wanted to leave this fierce market and thought it was a scam and all, exactly like the mentality with everyone now... But then console yourself that this market is superior in its endurance. Whoever endures more stubbornly to the point where no one can endure anymore wins. The next period of time is an uptrend. Everything has been really positive for me.
-"Don't look at the waves and get tired of rowing." The current market is fluctuating very harshly. I have been through it and want to share with everyone, be careful, capital management is the holy grail, apply the DCA method to enter each decline, really in this game almost no one buys at the bottom and few sell It's great, so everyone should use their spare money to invest and most importantly, don't let it affect the lives of themselves and their families. If you accept to play, then have the most relaxed mentality and if you dare to play, then dare to play. If you are afraid, don't play, but if you play, don't be afraid!
WANT TO SIT IN A POSITION NO ONE CAN SIT, YOU MUST BE able to endure the feeling that no one can endure🤭🤭🤭
Currently, most of the altcoins and new coin lists have been divided by 7 divided by 10... similar to each other. Along with it, the lever 2 peak swing generation has also been born (my condolences to the peak swing brothers).
Currently, the boll band of BTC weekly frame is starting to become a bottleneck, the fluctuation range is gradually narrowing to about 26 thousand prices (76k6xx -51k8xx).
HOW TO JOIN THE CRYPTO MARKET WHEN YOU ONLY HAVE VERY LITTLE CAPITAL? (PART 1)
For individuals who do not have much capital or even students or workers who are having to make ends meet, the question when entering this market is often:
- What kind of low investment capital?
+ No experience, no experience, no real combat, no knowledge.
+ With a small amount of capital, you can't get rich quickly by buying spot. If you spread out 10u for each coin you buy, waiting until it x2, x3 won't be much, not to mention not knowing about it. How often should it be x2, x3 or even divided by 10? You immediately think about leverage and futures, but with zero knowledge and experience, it is entirely possible that you will burn out right from the first candle, which is too risky.
🔥SUI has been extremely active recently, seems like it wants to dominate the Crypto market?
Here are some updates about SUI for you to better understand and the opportunities to make money with it:
⭕SUI Bridge has launched on Testnet: helping to increase interoperability between SUI and ETH, helping users easily participate in DEFI or Gaming activities. #binance #bitcoin #Web3
⭕SUI wallet users have a chance to win prizes worth 25,000 USD, just need to transact with Bluefin on SUI wallet!
⭕SUI grants $500,000 to research researchers who receive SUI academic research awards.#SUI🔥🔥🔥🔥 #ETH $SUI $BTC $ETH
According to analysts at JPMorgan, US-listed Bitcoin miners have reached a record market capitalization of $22.8 billion.
US mining stocks rose in the first half of June amid growing AI data center diversification opportunities.#bitcoin #btc #binance #Web3 #ETH $BTC $ETH $BNB
Total market capitalization is recovering from the ascending triangle's support trendline. Currently, it is showing upward momentum. The breakout of the triangle pattern will act as a confirmation of the bullish trend.
Additionally, the Ichimoku Cloud below the trendline shows some underlying bullish momentum. A successful rebound from this trendline could indicate continued upside, targeting a breakout above resistance.#Web3 #ETH #bitcoin #btc #binance $BTC $ETH $BNB
Bitcoin is currently navigating a symmetrical triangle pattern, positioned within the Ichimoku cloud, suggesting a consolidation phase. We anticipate the price to bounce off the trendline support of the triangle, suggesting a potential short-term buying opportunity.
The main focus is on a breakout from the triangle pattern and the horizontal resistance area, which will signal bullish momentum and the possibility of a significant price increase.
Conversely, a break below trendline support and the Ichimoku cloud could trigger a market correction, suggesting bearish control and the possibility of further declines. 743811022
FET has broken out of the ascending triangle on significant volume, indicating potential upside momentum. It is currently retracing for a retest. A successful retest will confirm the uptrend.
Additionally, the 100-day moving average is acting as support below the horizontal resistance area of the triangle. We should wait for the next price movement to determine the next move.#binance #fet #bitcoin #Web3 #btc $FET $BTC $BNB
BTC on H4 has exploded to catch the bottom + USDT rate increased sharply. I hope she loves you guys. However, the falling force of gold is still very strong. At this level, I only advise you to scoop the spot continuously and wait for the day to pick the fruit :))))#btc #bitcoin #bitcoin #Web3 #binance $BTC $ETH $BNB
I have compiled external data along with price analysis to come up with two scenarios as follows:
Scenario 1: The sideways price creates a value area (auction area). Simply put, this will be a sideway zone, with a 3k price amplitude sweep at both ends, and the price will go up from this zone.
Scenario 2: The price will drop one more beat to 63k4 because there is an unscanned liquidity area there. This is also where I predict there will be a bottom divergence signal on frame D.
My medium-term target is still 72k, where there is a large amount of liquidity, prices often tend to find these areas.
The h1 pro trend frame still maintains a downtrend, continue to watch the price to get IDM (seized liquidity) to POI and wait for confirmation at the small time frame m5 to open a Short following the trend!
Altcoins plunged 20% in the market correction on the morning of June 18
On the morning of June 18, the price of Bitcoin (BTC) fell to 64,600 USD, the lowest level since mid-May, causing many altcoins that have increased rapidly in recent times to lose up to 20% in value.
Protrend in weekly frame D is still maintaining its increase. As long as it is still above the 900B mark, there is still an opportunity for Altcoin to increase.
This place from my point of view is about to add a few more weeks to shake off the Weak Hand, so be patient and hard to wait! 98276279579579304530641317703098#Web3 #ETH 74755152$ETH 682117311530301