Altcoin holders who bought altcoins when Bitcoin first reached $70,000 in the spring are now looking at their portfolios and still seeing -60-70% on these assets.
#Altcoin #memes #Bitcoin
$DOGE $BTC

🗓 #KeyEvents for Next Week (28.10–01.11)

Tuesday (29.10)

🇺🇸 Wholesale Inventories — 15:30
🇺🇸 JOLTs Job Openings — 17:00

📝 Reports:
- McDonald’s (NYSE: MCD) — 14:00
- Alphabet (NASDAQ: GOOG) — 23:00
- Visa (NYSE: V) — 23:05
- AMD (NASDAQ: AMD) — 23:15

Wednesday (30.10)

🇺🇸 GDP (Q2) — 15:30
🇺🇸 GDP Price Index (Q2) — 15:30
🇺🇸 GDP Sales (Q2) — 15:30
🇺🇸 PCE Prices (Q2) — 15:30
🇺🇸 Pending Home Sales — 17:00
🛢 U.S. Crude Oil Inventories — 17:30

📝 Reports:
- Eli Lilly (NYSE: LLY) — 13:45
- AbbVie (NYSE: ABBV) — 14:45
- Microsoft (NASDAQ: MSFT) — 23:05
- Meta Platforms (NASDAQ: META) — 23:05

Thursday (31.10)

🇺🇸 Initial Jobless Claims — 15:30
🇺🇸 Core PCE Price Index — 15:30

📝 Reports:
- Mastercard (NYSE: MA) — 15:00
- Amazon (NASDAQ: AMZN) — 23:00
- Apple (NASDAQ: AAPL) — 23:30

Friday (01.11)

🇺🇸 Average Hourly Earnings — 15:30
🇺🇸 Nonfarm Payrolls — 15:30
🇺🇸 Unemployment Rate — 15:30

📝 Reports:
- Chevron (NYSE: CVX) — 13:15
- Exxon Mobil (NYSE: XOM) — 13:30

Author’s Note: Next week promises to be extremely eventful, with important economic reports and financial data released daily from Tuesday to Friday. Reports from five major U.S. companies, as well as labor market, inflation, and GDP data, are expected. High volatility is anticipated.
#report #news #forecast #finance

Here’s something interesting: I immediately remembered #Binance's slogan – Build and Build. I'm not sure if it's just a coincidence, but it seems quite strange: a #monopolist in the cryptocurrency market and a monopolist in the traditional #market . I doubt the independence of the crypto market, especially after the Department of Justice started going after this exchange.
$BTC $USDC $FDUSD

Here is news about the gradual expansion of #BlackRock .

Back in March of this year, it became known that BlackRock, in #collaboration with Securitize, created a tokenized fund worth 100 million dollars. In this partnership, Securitize Markets acts as a company specializing in tokenized securities.

Within this structure, a digital liquidity fund was also established, essentially a stablecoin, under the name BlackRock USD Institutional Digital Liquidity, with the ticker BUILD.

Currently, in response to new regulations in many regions, BlackRock is offering exchanges like Binance, #OKX , and Deribit to use BUILD as collateral in futures trading.

Meanwhile, #USDT is already being banned in Europe.

As is well known, stablecoins are the lifeblood of the #cryptocurrency market — whoever controls stablecoins essentially controls the market.
$BTC $USDC $FDUSD

Very soon, market dominance will start to correct, and #altcoins will surge rapidly. Then, there will be a phase where many traders will make mistakes, and a strong #FOMO will begin.

People will once again rush to seek advice in communities, #Telegram channels, and from #YouTube bloggers to find out what to buy to get rich quickly in this cycle. Everything is going according to the usual scenario.

Those who made the right moves over the past year will soon reap the rewards — just a little more patience is needed.

Wishing us all success!🫶

And in the worst-case scenario, as I’ve already said, if none of this happens, everyone will lose, but that’s not as bad as missing the culmination of the #bullrun 🤣
$BTC $FDUSD

When I first entered the #crypto market, I had no idea how #prices were formed and only dreamed of big "x's," measuring them with an imaginary "ruler." But now I can confidently say that this approach is not the best for an investor. Tested on my own experience.

For those who came to the market chasing quick profits, I want to address you:

1) What makes you think you know if a particular coin will give you #x10 ?

2) Why are you confident you can sell at the peak?

3) What makes you think you won’t hold onto a coin too long and end up not with x2-3, but in the red?

Ask yourself these questions. If you don’t start having doubts after that, congratulations – this cycle will teach you a very painful lesson.😉
$BTC $USDC $FDUSD

The prices of mining stocks may soon surge, and #MSTR shares seem to have become a leading indicator for #Bitcoin . However, such rapid growth is a bit concerning – the faster a star shines in the sky, the sooner it may burn out. Hopefully, #Saylor won't make any mistakes.
$BTC $USDC $FDUSD

The #market continues to be cleaned up⚖️

Yesterday, it was revealed that the U.S. Department of Justice charged 14 individuals and 4 companies with large-scale cryptocurrency fraud. ZM Quant, CLS Global, MyTrade, and Gotbit were hit.

Essentially, this is a blow to small market makers who dealt with meme tokens or low-cap projects.

The current state of the market after a series of cleanups looks like this:

1) #Binance – the situation has stabilized;
2) #FTX – the situation has been resolved;
3) Cleanup of small market makers involved in semi-fraudulent or fraudulent schemes;
4) Tether – so far, there have only been media attacks. It's unlikely that the U.S. will go after Tether, given its large holdings of U.S. government debt;
5) #JustinSun and #Huobi ???

It's clear that Wall Street is paving the way for its entry, clearing the market for further expansion. Personally, I'm not worried by this; in fact, I'm pleased. The more regulated the market becomes, the more capital will flow in.
$BTC $USDC $FDUSD

#HBO will release a documentary film attempting to uncover the identity of the creator of Bitcoin, known as "#Satoshi #Nakamoto ."

This sparked a wave of interest among people, and many turned to betting on #Polymarket , trying to predict who would be revealed as the real Satoshi.

The leading candidate so far is Len Sassaman. Some details about him can be seen in the second screenshot — he appears to be a highly plausible contender for the role.

In any case, I see this documentary as a smart marketing move for promoting Bitcoin, just ahead of the potential #bullrun .

How do you like the #start of the greenest month of the year? 😁

Have those who said, "If #September ends in the green, #October will see a breakthrough," gone quiet yet? 🤣

October has just begun, but starting with a $200 billion drop in #crypto market #capitalization isn't very fun. 😅
$BTC $USDC $FDUSD

#Iran is preparing for a massive attack on #Israel , as warned by the #WhiteHouse . Amid this escalation, #Bitcoin continues to #drop in value.

#JeromePowell somewhat cooled investors' enthusiasm by pointing out that further rate cuts will be slower than analysts had expected. In particular, he noted:

1) The Fed will not aggressively cut rates;
2) This year, there will likely be two more cuts of 25 basis points;
3) Decisions will be made based on the situation, without rushing;
4) The 50 basis point cut was made to support the labor market.

The #FED is acting very cautiously, trying not to trigger panic in the #markets . To achieve this, they are creating conditions of maximum uncertainty to avoid sharp movements.
$USDC $FDUSD

Every morning, I have a habit of browsing #Twitter , news channels, and media to stay informed.

1) I follow economic news from the US, #China , and #Europe ;

2) I analyze political news;

3) I keep an eye on #cryptocurrency news;

4) I study regulations and new trends in this area.

Overall, I cover all the major topics I can monitor 😁

This approach allows me to see the bigger picture. If you understand the relationships between events, news monitoring becomes meaningful.

For example, right now, I notice a large marketing campaign from BlackRock in support of #Bitcoin . I like that. If you understand who BlackRock is and can correctly interpret their actions, you can make a good profit from it. ⏳

Most central banks of the #G10 have started lowering interest rates.

Rates are usually lowered under the following conditions:

1) A clearly visible #EconomicDownturn ;
2) A weak labor market and rising unemployment;
3) A decrease in inflation;
4) Unforeseen market circumstances;
5) Political decisions.

In our case, the rate cut was driven by falling inflation, political factors, and a slowdown in economic growth.

It feels like we are in conditions similar to those that preceded the #2007crisis . How long this "#bubble " will last is unknown. If the situation turns negative, the #FederalReserve may start injecting liquidity into the market, which will lead to a sharp decline in risky assets, but after the stimulus begins, there will be rapid growth.

I don't want to jump to conclusions, so I will follow the cyclical framework and avoid making hasty decisions.
$ALT $BNB $FDUSD

If put briefly, #BlackRock highlights #Bitcoin's low correlation with traditional assets in the long term. They also emphasized that Bitcoin undergoes its own independent processes, referring to #halving. and cyclicality.

It’s clear to everyone now that the #U.S. has a significant issue, I would even say a "huge" one – their national debt. In such times, Bitcoin will demonstrate its strength.

Despite all this, BlackRock notes that Bitcoin still remains a risky asset.

The old man is sitting and thinking: maybe I should raise it by 25 points instead of lowering it? Why are these crypto guys so relaxed? 😄
#FRS

By the way, positive data on the US economy has been released again. Most indicators suggest that the economy is growing.

Tomorrow, there will be a decision on the Fed's interest rate, and, of course, Jerome Powell will give a speech.

On September 29, #CZ will be released.
$BNB
On September 30, The #Times will drop another Easter egg: #Trump will put his golf cart in reverse, but drive upward😁

The Dow Jones is at an all-time high, and Nasdaq and S&P are heading in the same direction.

Gold has been hitting record highs for a while now.

Companies are announcing record stock buybacks after the earnings season.

On Twitter, debates are ongoing: 50% are predicting Bitcoin's demise, while the others are forecasting a massive surge.

There’s renewed talk of a recession if the Fed cuts the rate by 0.5% tomorrow instead of 0.25%.

Some are once again comparing the situation to #2008 and drawing doomsday scenarios on charts.

In general, there's a lot of noise, and people are being driven into panic🤣

Still, I’d like to draw your attention to the significant geopolitical tension. While #China is stimulating its economy, the US won’t be backing down. I haven't seen such tension in a long time🤔

A rather amusing episode just occurred from the #SEC. The regulator, which is supposed to prevent market manipulation, is doing quite the opposite.

Briefly about the situation:

1) The SEC renewed its lawsuit against Binance, labeling $AXS , $FIL , and $ATOM as securities;

2) Then comes a comment from the SEC: when we called cryptocurrencies securities in the lawsuits, that's not what we meant. We don't consider tokens to be securities, but rather the set of contracts and agreements related to the sale of assets.

3) They apologize for #manipulating the #meaning .

By the way, I found an interesting visualization on #TwitterX of what I was telling you about the market stimulus from the EU and China.

The top chart shows #Bitcoin , while the bottom one represents global liquidity. Not sure if we'll reach #500k , but growth is inevitable 😁

*️⃣A recession doesn’t start when everyone talks about it.*️⃣ So, we continue to monitor the labor market and the actions of the Fed. In my opinion, those who have been in the market for a while should have made the right decisions by now and can move into observation mode 🙂