$BTC dropping to $50,000 and here are the two major reasons below

"It would need to be a massive July for Bitcoin’s price to resist the sheer weight of supply flooding into the market from Mt. Gox and the German government," Pav Hundal, lead market analyst at crypto exchange Swyftx, told Decrypt. "This could be how we get as low as $50,000."

The Mt. Gox bankruptcy estate has transferred billions of dollars worth of Bitcoin (BTC) to an unidentified wallet, further exacerbating concerns on declining crypto price

Repayments from Mt. Gox are expected to commence this month after extensive preparations for fund distribution. The defunct exchange will disburse approximately 142,000 BTC and 143,000 Bitcoin Cash.

However, the German government seized nearly 50,000 BTC from the operators of the illegal streaming site Movie2k.to in 2020. The Bitcoin, initially worth around $2 billion, was confiscated as part of an investigation into the site's activities, which included distributing pirated films and laundering the proceeds.

Roughly 1,300 BTC, worth $75.5 million, were sent to several exchanges, including Bitstamp, Coinbase, and Kraken, on Wednesday, adding to concerns that prices could be headed lower.

#BTC #ETH #CPIAlert #Megadrop

#BTTC updates

We have 2 scenarios now

1. Hold it till 2030
2. Sell it once you reach the average price to recover your loss

What it's obvious is that whales are afraid to invest in $BTTC and Justin Sun looks like not interested in his coin

However , BitTorrent price is very strong and being affected positively with #BTC but my real question is when they will burn some supplies to improve its price

Anyway let's wait and see what will happen after US elections

Have you ever seen $BTTC in top gainers?
Well here we go!

So this means that BTTC is preparing for something and whales are waiting for something , so lets keep a close eye on the chart!

$BTTC Analysis

#Binance did not delisted #BTTC yet , which means this coin is still alive but not rising like it should be

The price is increasing because it is being affected by #BTC price only and not because the investors are interested in this coin

Unfortunately, I believe that BitTorrent has no future knowing that it has a great potential but it seems that Justin Sun is no longer interested in his own project

I suggest to sell this coin whenever you reach the average cost price because it is really painful to watch this coin dying like this.

Remember, there is no doubt that the price will be recovered soon but it won't increase like 10% or 20% but hey, no one knows what will happen in the crypto market, so hopefully for the best :)

People lost interest in $PEPE ?

Well pepe is not appearing in the top 10 gainers which means people have lost interest in this coin and are heading to another one.

Anyway, there is nothing for sure yet since the market is still under recovery mode, let's keep a close eye on pepe chart 📈

#PEPE

It is frustrating when you see the market in red specially a negative P&L , so the best scenario for the time being is to stay away from binance app ,😀 and don't make a mistake and sell your coins now because this will lead to a big loss

#BTC will recover back soon, which will affect the other coins like $PEPE , $BTTC , $NOT and others.

Remember, you won't loose your money if you keep holding your coins, good luck for everyone, and hope we see a green market soon!

BTTC News

$BTTC trades at $0.0000008709, indicating a 3% increase in the last 24 hours. The token builds on the 7-day increase of 6% to demonstrate its short-term potential. Also, the RSI hovers above 59, suggesting sideways; however, with the bulls maintaining their hold, it might soon approach the overbought zone.  

If the team forges any partnership with other networks soon, BitTorrent could surpass $0.0000205 before 2024 ends. Analysts predict the token will maintain an average price of $0.00000185 throughout the year if the crypto market remains bullish.

Therefore, investors looking to invest in a token with stability could look into BTTC. 

#BTTC
#MarketSentimentToday

$BTTC holders ,
I will make it short, if you are willing to gain a profit in the near future and willing to increase the price of this coin, STOP selling it or this coin will be officially dead!

$BTC price is moving up touching 63,300 while BitTorrent price remains the same

Mind you that BitTorrent price was 0.00000100 when BTC price was 63,000, so mainly the strong sell is killing all the remaining investors!

#BTC
#BTTC
#BinanceTournament
#Megadrop

Most traders are depressed from this market and disappointed, and there are few who aren't , those few people are the ones who aren't afraid when the market is down and they do not panic and sell.

When you read the key is patient , it's true, because when you sell under pressure your chance to recover your loss is very low and sometimes it is impossible because you will be waiting for the dip to buy again if you were lucky, versus if you calm down, the coin will recover by itself and it will take time, but it will recover in the end.

Keep in mind this is a part of the game and make sure to trade with an amount that you can afford to lose in case the market went down.

#Megadrop
#BTC☀
#pepe⚡
#Write2Earn!

Something wrong with #BTTC , it is not even showing any improvement event after its last event date on June 25th.
Yes I am aware that the market is neutral but there should be a sign or something from $BTTC

In my opinion, we should wait till the beginning of next month and if the price remains the same, I guess this coin is dead for me.

I would like to know your opinion guys ...

#Megadrop
#CryptoTradingGuide

Since the last $BTC crash, $PEPE is still showing resistance better than any other coins, in fact the volume keeps increasing knowing that most of the coins are liquidated and the price is showing a promising sign

Check below the multiple chart for both pepe and btc so you can understand my point

#BTC☀
#PEPE_EXPERT

$BTTC price prediction according to below websites:

1. coincodex.com
The BitTorrent price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these BitTorrent projections, BTTC will be changing hands at $ 0.000001305 on Jul 3, 2024, gaining 48.56% in the process.

2. digitalcoinprice.com
The value of BTTC as known as BitTorrent [New] will increased by 215.05%, reaching $0.00000311 by end of 2026

According to the investors and market exports, BitTorrent is on its way to passing the $0.00000192 mark by the end of this year. Before $0.00000192, it may break its mark of $0.00000305 and reach.
According to the investors, exporters, and market leaders, BitTorrent will break its previous all-time high of $0.00000305 and hold between $0.00000184 and $0.00000192 soon

3. cryptonewsz.com
Based on the BitTorrent price prediction 2024, the BTTC token is anticipated to reach $0.00000254 by the end of this year. The BTTC crypto is expected to have minimum and maximum prices of around $0.000002111 and $0.00000304, respectively, as per our BitTorrent price prediction 2025.

4. bitscreener.com
As per our projection for BitTorrent (new) in 2024, the coin is expected to attain a maximum of $0.00000220, accompanied by a potential minimum of around $0.00000014 during the same year

So according to these references , the price should increase soon, hope this topic will finds you well

#BTTC
#CryptoTradingGuide
#Write2Earn!

Dear #BTTC

How are you today, how was the blood bath yesterday ? Did you enjoy it? Well most of us did not enjoy your red candles, but we forgive you since we see you in this green dress.

Listen dear, if you won't delete one of your zeros soon, we will make sure to delete one of your T and rename you to BTC so we can benefit from 60,000$ instead of this 0.00000087!

Hope you act soon!

Your sincerely #BTTCLOVERS

#Megadrop

Don't panic!! 😂

Yes the market is down, yes we are loosing our investment , yes we are disappointed, yes we are sad, but don't panic, and don't sell your coins, this is a part of the game.

Everything is RED now but soon you will see the green again and you will be more than happy and comfortable

If you sell now, it means you won't recover back what you lost.

Keep calm, be patient, set an alert when the price is up so you stay away from checking checking the chart everything second 😁😁

Have a good day everyone!

#BTC #PEPE #BTTC #ETHETFsApproved

#BTTC updates

This coin is moving up very slowly knowing that the market is either down or neutral, but I still don't understand why people are not interested in making a profit, imagine each time the price increases by 1, you will make a nice profit depending on the number of coins you bought

I believe when the price goes up next week, many of you will regret not buying it at a very low price. ..

#BTTCLOVERS

#BTTC is currently showing a great move ,the price is increased by 6.7% in the past 24 hours and showing a potential move not like the other days.
It seems that people are buying now to benefit from the upcoming event after 3 days (June 25th). I Hope this event will make us benefit and gain a lot of profit 😁

Just for the record , $BTTC is not a meme coin or just a shitty coin, it's a real project, it has an application that people are using since ages

Good luck for us!

is #pepe preparing itself to pump again individually from #BTC ?

Well check below the charts for $PEPE and $BTC where pepe is showing a resistance like last month when it pumped to 0.00001700, so hopefully this lasts for the upcoming 48 hours to see pepe rising again

#pepe⚡ #PEPEATH

#BTTC

New upcoming event for $BTTC on June 25th:

BTFS Halving

BitTorrent has announced a significant change in its reward system for storage miners. Starting from June 25th the daily rewards for storage miners will be halved. The current reward of 15 billion BTT will be reduced to 7.5 billion BTT which means
this event often reduces supply, typically leading to price increases. BitTorrent's significant user base and utility could amplify this effect.

Hopefully this event will have a high impact on the price.

#PEPE daily routine

As you can see, people wake up in the morning, they buy $PEPE then after 8 working hours, they sell $PEPE and they make a profit. it's becoming a daily routine.

On the other hand, #BTC has a big chance to hit 70K by the end of this month which will affect pepe price, so lets stick with the daily routine profit for the time being.

What's the best trade option for this kind of market in June?

I suggest doing a spot trade, don't go into long trades because the market is going up and down during the day specially for #memecoins like $PEPE

As you can see #PEPE is affected by #BTC like all the other coins, which means we do not see any uptrends trades different from the BTC chart like we used to see last month, so keep an eye on btc chart when you're planning to buy any alt coin.

I believe the market will be down this month , so lets profit from the quick spot trades.