LIVEThe Crypto Anatomy
@joyjitsarkar
X(Twitter)đ: @josnbulls. Once a critic, now an avid crypto advocate & Investor. Blockchain & NFT enthusiast. Learning trading from the highs and lows everyday.
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This is what the Alts market cap except BTC & ETH is printing on the weekly scale.
đđđ
If you understand those patterns, then congratulations! đ
If you don't then you've no idea what's coming in the days ahead. But still it's never too late.
The previous peak was 1.13 Trillion, this time it could easily surpass 3 Trillion.
You have one last opportunity remaining. Grab it before it's too late.
#BitwiseFilesXRPETF
đđđ
If you understand those patterns, then congratulations! đ
If you don't then you've no idea what's coming in the days ahead. But still it's never too late.
The previous peak was 1.13 Trillion, this time it could easily surpass 3 Trillion.
You have one last opportunity remaining. Grab it before it's too late.
#BitwiseFilesXRPETF
$BNB IT'S BEEN ALMOST SEVEN MONTHS
đ
You are currently witnessing BNB's longest consolidation ever above the $500 level. And it is quite evident from this fact that $1000 is going to be the target in the lowest leg.
The peak could be somewhere between $1500-1700.
#BNBAnalysis
đ
You are currently witnessing BNB's longest consolidation ever above the $500 level. And it is quite evident from this fact that $1000 is going to be the target in the lowest leg.
The peak could be somewhere between $1500-1700.
#BNBAnalysis
$BTC THIS IS A CRUCIAL PHASE
đ
Though Bitcoin is holding above $62K with a sloth đŠ„ like pace but proving these two big FVGs (Fair Value Gap) invalid will be a daunting task.
An illiquid market can get into the nerves at times.
Stay Cautious with those longs.
#BTCReboundsAfterFOMC
đ
Though Bitcoin is holding above $62K with a sloth đŠ„ like pace but proving these two big FVGs (Fair Value Gap) invalid will be a daunting task.
An illiquid market can get into the nerves at times.
Stay Cautious with those longs.
#BTCReboundsAfterFOMC
â ïžâ ïžâ ïž ATTENTION PLEASE â ïžâ ïžâ ïž
Cryptocurrency Market Faces Selling Pressure from Upcoming Token Unlocks
$APT
đš
The cryptocurrency market risks facing selling pressure next week due to significant token unlocks for certain altcoins. Recent data from the Token Unlocks application indicates that Aptos, EigenLayer, Optimism, and 14 other tokens may encounter increased supply. This situation has raised concerns about the future price movements of these tokens.
â Details of Token Unlocks
Aptos (APT) is set to release 11.31 million APT tokens next week. EigenLayer (EIGEN) will enter the market with 9.93 million tokens. Optimism (OP) is noteworthy with a token unlock of 12.47 million tokens, while Neon (NEON) boasts the highest release rate at 53.91 million tokens.
đ Impacts on the Market
The total token unlock amounts to $213 million, which may lead to an increase in supply and subsequent price fluctuations. Investors may reconsider their strategies in light of the potential selling pressure this situation could bring.
đȘ Investor Perspectives
While the entry of some tokens may create uncertainty in the market, others are witnessing price increases. Investors are cautiously monitoring these developments to manage their risks effectively.
For example, NEONâs price showed an increase of about 10% in the last 24 hours, while Forta (FORT) recorded a 0.5% decline. These varied reactions highlight the complexity of market dynamics.
âToken unlocks can significantly affect market dynamics,â said cryptocurrency analyst John Doe. Increased supply may exert pressure on prices according to fundamental economic principles. However, market conditions and investor behaviors will play a crucial role in determining the extent of this impact.
It is essential for investors to consider token unlock dates and amounts to minimize potential risks in their trading strategies.
$EIGEN
#EIGENonBinance
Cryptocurrency Market Faces Selling Pressure from Upcoming Token Unlocks
$APT
đš
The cryptocurrency market risks facing selling pressure next week due to significant token unlocks for certain altcoins. Recent data from the Token Unlocks application indicates that Aptos, EigenLayer, Optimism, and 14 other tokens may encounter increased supply. This situation has raised concerns about the future price movements of these tokens.
â Details of Token Unlocks
Aptos (APT) is set to release 11.31 million APT tokens next week. EigenLayer (EIGEN) will enter the market with 9.93 million tokens. Optimism (OP) is noteworthy with a token unlock of 12.47 million tokens, while Neon (NEON) boasts the highest release rate at 53.91 million tokens.
đ Impacts on the Market
The total token unlock amounts to $213 million, which may lead to an increase in supply and subsequent price fluctuations. Investors may reconsider their strategies in light of the potential selling pressure this situation could bring.
đȘ Investor Perspectives
While the entry of some tokens may create uncertainty in the market, others are witnessing price increases. Investors are cautiously monitoring these developments to manage their risks effectively.
For example, NEONâs price showed an increase of about 10% in the last 24 hours, while Forta (FORT) recorded a 0.5% decline. These varied reactions highlight the complexity of market dynamics.
âToken unlocks can significantly affect market dynamics,â said cryptocurrency analyst John Doe. Increased supply may exert pressure on prices according to fundamental economic principles. However, market conditions and investor behaviors will play a crucial role in determining the extent of this impact.
It is essential for investors to consider token unlock dates and amounts to minimize potential risks in their trading strategies.
$EIGEN
#EIGENonBinance
Doubters will get left behind đ€·đŒââïž
Iâve seen it all before. Every bull run, itâs the SAME story. Be it 2016-17, 2020-21 and even now.
People doubt, hesitate, and by the time they realise itâs happening, itâs already too LATE.
Iâve guided people through this before, and Iâm ready to do it again. This is not new to me. I know the game, I know how to win.
Iâm not here to hype shit.
Iâm here to make sure my fam makes it. Iâve done it before, And Iâm going to do it again.
The only difference is the improved learning, understanding of market psychology and better decision making; this is what the previous cycle taught me.
This time the power of community will thrive as the numbers will be insane in the coming days.
Donât get left behind.
#EIGENonBinance #NeiroOnBinance
Iâve seen it all before. Every bull run, itâs the SAME story. Be it 2016-17, 2020-21 and even now.
People doubt, hesitate, and by the time they realise itâs happening, itâs already too LATE.
Iâve guided people through this before, and Iâm ready to do it again. This is not new to me. I know the game, I know how to win.
Iâm not here to hype shit.
Iâm here to make sure my fam makes it. Iâve done it before, And Iâm going to do it again.
The only difference is the improved learning, understanding of market psychology and better decision making; this is what the previous cycle taught me.
This time the power of community will thrive as the numbers will be insane in the coming days.
Donât get left behind.
#EIGENonBinance #NeiroOnBinance
đš THIS TIME IT IS "BUY THE NEWS" đš
$SOL $ETH $BNB
đ
September Jobs Data Exceeds Expectations, Impacting Bitcoin And Market Sentiment đ
According to CoinDesk, the U.S. employment landscape showed significant improvement in September, with the government reporting the addition of 254,000 jobs, surpassing economist predictions of 140,000. Additionally, August's job gains were revised upward from 142,000 to 159,000. The unemployment rate decreased to 4.1% from 4.2% in August, against forecasts of 4.2%.
Bitcoin's price not only remained stable following the release of the data but surpassed $62K, up more than 3% over the past 24 hours. Despite this, bitcoin prices are still lower compared to the previous week's levels above $66,000, influenced by macroeconomic factors, including the escalation of conflict in the Middle East. CoinDesk analyst James Van Straten noted that a robust U.S. economy reduces market uncertainty, particularly with the upcoming U.S. election, which is favorable for bitcoin.
Before the release of the jobs data, short-term rate markets had priced in a 30% chance of a 50 basis point cut and a 70% chance of a 25 basis point cut, according to CME FedWatch. Following the data, the probability of a 50 basis point cut dropped to 11%. In traditional markets, U.S. stock index futures gained, with the Nasdaq 100 rising by 0.8%. The U.S. 10-year yield increased by eight basis points to 3.94%, and the dollar index rose by 0.5%. Conversely, the price of gold fell by 0.5% to $2,665 per ounce.
#U.S.UnemploymentNewLow
$SOL $ETH $BNB
đ
September Jobs Data Exceeds Expectations, Impacting Bitcoin And Market Sentiment đ
According to CoinDesk, the U.S. employment landscape showed significant improvement in September, with the government reporting the addition of 254,000 jobs, surpassing economist predictions of 140,000. Additionally, August's job gains were revised upward from 142,000 to 159,000. The unemployment rate decreased to 4.1% from 4.2% in August, against forecasts of 4.2%.
Bitcoin's price not only remained stable following the release of the data but surpassed $62K, up more than 3% over the past 24 hours. Despite this, bitcoin prices are still lower compared to the previous week's levels above $66,000, influenced by macroeconomic factors, including the escalation of conflict in the Middle East. CoinDesk analyst James Van Straten noted that a robust U.S. economy reduces market uncertainty, particularly with the upcoming U.S. election, which is favorable for bitcoin.
Before the release of the jobs data, short-term rate markets had priced in a 30% chance of a 50 basis point cut and a 70% chance of a 25 basis point cut, according to CME FedWatch. Following the data, the probability of a 50 basis point cut dropped to 11%. In traditional markets, U.S. stock index futures gained, with the Nasdaq 100 rising by 0.8%. The U.S. 10-year yield increased by eight basis points to 3.94%, and the dollar index rose by 0.5%. Conversely, the price of gold fell by 0.5% to $2,665 per ounce.
#U.S.UnemploymentNewLow
$FTT THIS BROKE MF IS GOING HIGHER EVER SINCE THE DEBT RESTRUCTURING ANNOUNCEMENT
đ
But is that the only reason?
đčRumours are there could be a launch of version 2.0 of the exchange by the management.
đčAfter the debt settlement, Tom Farley the ex president of NYSE is leading the race to win the auction of the FTX assets.
Old creditors are hoping for a possible revival of the FTT token post these events.
Let's see.
#FTT/USDT #FTXAuction
đ
But is that the only reason?
đčRumours are there could be a launch of version 2.0 of the exchange by the management.
đčAfter the debt settlement, Tom Farley the ex president of NYSE is leading the race to win the auction of the FTX assets.
Old creditors are hoping for a possible revival of the FTT token post these events.
Let's see.
#FTT/USDT #FTXAuction
So, the square assistant messaged me to share the wildest memes on Satoshi Nakamoto.
Here are my top 3 đ
#WeAreAllSatoshi
Here are my top 3 đ
#WeAreAllSatoshi
$PENDLE HOW TO TRADE A DOJI CANDLE
đ
Let's understand this interesting method taking the example of PENDLE and how you can maximize your profits on the occurrence of such a candle.
A doji represents an equilibrium between supply and demand, a tug of war neither the bulls nor the bears are winning.
đ In Pendle the situation shows downtrend where the bears have won previous battles because price has moved down. Now the outcome of the latest skirmish is in doubt.
đ Now we have a long legged doji on the daily chart, typically casting a large upper wick (shadow) & a close below midpoint. Here the psychology is simple which says prices moved far higher on the day but then profit booking kicked in.
So we take note of the candle's closing & move to a lower time. On the 15 min chart the arrow represents the first candle of the day. Usually after the formation of a doji candle on the higher time frame can lead to a sideways movement on the lower time. Hence we wait and watch the consolidation marking the S/R levels forming that box.
The moment of truth: Price pierced through resistance and you get in. Right!!
â ABSOLUTELY NO â
Let that breakout candle retest the price and hit that resistance again. Usually in such scenarios multiple retests are seen as the price action gets choppy. So wait for the price to hit that level again and when it rebounds from resistance you're good to go. The best entry is above the closing of the doji candle which in this case is $3.68. I won't mind entering above $3.70 either. And there you go đ„đ
The same can be applied on the opposite when a doji appears after a long uptrend and that signals a good opportunity to short.
#WeAreAllSatoshi #HBODocumentarySatoshiRevealed #RWACrypto #PENDLEBULLISH
đ
Let's understand this interesting method taking the example of PENDLE and how you can maximize your profits on the occurrence of such a candle.
A doji represents an equilibrium between supply and demand, a tug of war neither the bulls nor the bears are winning.
đ In Pendle the situation shows downtrend where the bears have won previous battles because price has moved down. Now the outcome of the latest skirmish is in doubt.
đ Now we have a long legged doji on the daily chart, typically casting a large upper wick (shadow) & a close below midpoint. Here the psychology is simple which says prices moved far higher on the day but then profit booking kicked in.
So we take note of the candle's closing & move to a lower time. On the 15 min chart the arrow represents the first candle of the day. Usually after the formation of a doji candle on the higher time frame can lead to a sideways movement on the lower time. Hence we wait and watch the consolidation marking the S/R levels forming that box.
The moment of truth: Price pierced through resistance and you get in. Right!!
â ABSOLUTELY NO â
Let that breakout candle retest the price and hit that resistance again. Usually in such scenarios multiple retests are seen as the price action gets choppy. So wait for the price to hit that level again and when it rebounds from resistance you're good to go. The best entry is above the closing of the doji candle which in this case is $3.68. I won't mind entering above $3.70 either. And there you go đ„đ
The same can be applied on the opposite when a doji appears after a long uptrend and that signals a good opportunity to short.
#WeAreAllSatoshi #HBODocumentarySatoshiRevealed #RWACrypto #PENDLEBULLISH
$TRX IS DITCHING ALL THE ODDS AND MAKING A STATEMENT OF ITS SUPREMACY
đ
Is Tron getting ready for the giant leap now?
Amidst the ongoing correction in this entire week, Tron has emerged as the strongest altcoin nearing the pivotal level of $0.16 again after a long consolidation.
This came as no surprise after the recent developments in the blockchain sphere and staggering rise in transaction volume of the network. With Justin Sun making some big bold announcements, Tron has poised itself to become a strong contender to be in the top 5.
On the daily charts, the Bollinger Band has squeezed enough of the sideways movement and slowly opening up after today's rally (1hr). With the current scenario, the signs of a breakout can't be ignored and we could witness this journey continue towards $0.17 where a double top formation will occur.
During that consolidation period I was waiting for the price to fall below $0.15, unfortunately it didn't break down this level as it proved to be a herculean support and without any delay I bought one last bag at $0.1525.
Looks like I made the right decision and yes, the passive income from staking Tron is next to amazing. I've earned more than 5% of the entire bag in the form of tokens and still counting.
#JustinSun #TRXâ
đ
Is Tron getting ready for the giant leap now?
Amidst the ongoing correction in this entire week, Tron has emerged as the strongest altcoin nearing the pivotal level of $0.16 again after a long consolidation.
This came as no surprise after the recent developments in the blockchain sphere and staggering rise in transaction volume of the network. With Justin Sun making some big bold announcements, Tron has poised itself to become a strong contender to be in the top 5.
On the daily charts, the Bollinger Band has squeezed enough of the sideways movement and slowly opening up after today's rally (1hr). With the current scenario, the signs of a breakout can't be ignored and we could witness this journey continue towards $0.17 where a double top formation will occur.
During that consolidation period I was waiting for the price to fall below $0.15, unfortunately it didn't break down this level as it proved to be a herculean support and without any delay I bought one last bag at $0.1525.
Looks like I made the right decision and yes, the passive income from staking Tron is next to amazing. I've earned more than 5% of the entire bag in the form of tokens and still counting.
#JustinSun #TRXâ
Are Cryptocurrencies Really Used by Criminals?
New Report from the US Reveals the Truthđ°
Despite the widespread belief that cryptocurrencies are the primary vehicle for illicit activities, a new report by the Crypto Information Sharing and Analysis Center (CryptoISAC) shows that criminals continue to prefer cash.
A nonprofit focused on improving crypto and blockchain security has published findings that challenge long-held assumptions about the role of cryptocurrencies in illicit finance.
â Criminals Use Cash Much More Than Cryptocurrencies
For years, cryptocurrencies have been linked to drug trafficking, terrorism, and other illicit activities, fueled by high-profile incidents like the collapse of FTX and the Silk Road marketplace. But new data from CryptoISAC and blockchain analysis firm Merkle Science suggests that traditional financial systems may actually facilitate more criminal activity than crypto.
The report, titled Blockchainâs Role in Reducing Illicit Finance, was co-authored by Robert Whitaker, director of law enforcement affairs at Merkle Science and former supervisory special agent at the U.S. Department of Homeland Security. According to Whitaker, cash remains the preferred method for criminals due to its anonymity.
Cash will always be number one because of its truly anonymous nature,â Whitaker explained. In contrast, U.S.-based cryptocurrency exchanges must adhere to strict regulations like know-your-customer (KYC) and anti-money laundering (AML) rules, making it easier for law enforcement to track transactions on the blockchain.
Cryptocurrencies are âlaw enforcement friendly in that thereâs a public, immutable ledger behind them,â Whitaker said. Cash, on the other hand, is much harder, sometimes impossible, to track.
According to the report, an estimated 2% to 5% of global GDP is laundered annually through traditional financial systems, amounting to between $800 billion and $2 trillion. In comparison, only 0.34% of total on-chain crypto transaction volume was flagged as potentially illicit in 2023, down slightly from 0.42% in 2022, according to data from blockchain analytics firm Chainalysis.
The U.S. Treasury Department reiterated these findings in its 2024 money laundering risk assessment, noting that âthe use of virtual assets for money laundering remains far below that of fiat currencies.â
#BTCReboundsAfterFOMC #BlockchainLifeAwards2024 #Write2Earn!
Despite the widespread belief that cryptocurrencies are the primary vehicle for illicit activities, a new report by the Crypto Information Sharing and Analysis Center (CryptoISAC) shows that criminals continue to prefer cash.
A nonprofit focused on improving crypto and blockchain security has published findings that challenge long-held assumptions about the role of cryptocurrencies in illicit finance.
â Criminals Use Cash Much More Than Cryptocurrencies
For years, cryptocurrencies have been linked to drug trafficking, terrorism, and other illicit activities, fueled by high-profile incidents like the collapse of FTX and the Silk Road marketplace. But new data from CryptoISAC and blockchain analysis firm Merkle Science suggests that traditional financial systems may actually facilitate more criminal activity than crypto.
The report, titled Blockchainâs Role in Reducing Illicit Finance, was co-authored by Robert Whitaker, director of law enforcement affairs at Merkle Science and former supervisory special agent at the U.S. Department of Homeland Security. According to Whitaker, cash remains the preferred method for criminals due to its anonymity.
Cash will always be number one because of its truly anonymous nature,â Whitaker explained. In contrast, U.S.-based cryptocurrency exchanges must adhere to strict regulations like know-your-customer (KYC) and anti-money laundering (AML) rules, making it easier for law enforcement to track transactions on the blockchain.
Cryptocurrencies are âlaw enforcement friendly in that thereâs a public, immutable ledger behind them,â Whitaker said. Cash, on the other hand, is much harder, sometimes impossible, to track.
According to the report, an estimated 2% to 5% of global GDP is laundered annually through traditional financial systems, amounting to between $800 billion and $2 trillion. In comparison, only 0.34% of total on-chain crypto transaction volume was flagged as potentially illicit in 2023, down slightly from 0.42% in 2022, according to data from blockchain analytics firm Chainalysis.
The U.S. Treasury Department reiterated these findings in its 2024 money laundering risk assessment, noting that âthe use of virtual assets for money laundering remains far below that of fiat currencies.â
#BTCReboundsAfterFOMC #BlockchainLifeAwards2024 #Write2Earn!
$BTC đšđšđšWATCH OUTđšđšđš
A TRIPLE BOTTOM, COULD BE THE TIME FOR A POSSIBLE REVERSAL đ
đ
Don't go long if it doesn't close above $62K. Do your own research and trade cautiously.
#BTCUptober #IranianMissilesPlummetsBTC
A TRIPLE BOTTOM, COULD BE THE TIME FOR A POSSIBLE REVERSAL đ
đ
Don't go long if it doesn't close above $62K. Do your own research and trade cautiously.
#BTCUptober #IranianMissilesPlummetsBTC
Hard Work beats talent when talent doesn't work hard đȘđŒ
Tears of Joy đ„Č
This couldn't have happened without the support and appreciation of my fam. Love you all đ
Keep supporting and follow me for such genuine and quality content.
#IranianMissilesPlummetsBTC #moonbix #EIGENonBinance
Tears of Joy đ„Č
This couldn't have happened without the support and appreciation of my fam. Love you all đ
Keep supporting and follow me for such genuine and quality content.
#IranianMissilesPlummetsBTC #moonbix #EIGENonBinance
$ETH An ICO Whale Sells $47 Million In ETH And Causes A Crash In The Crypto Market đ«Ł
đšđšđš
The crypto market is once again shaken by waves of fear, uncertainty, and doubt (FUD) as a major investor from Ethereumâs ICO recently liquidated a large portion of its holdings. According to on-chain transaction data, this investor sold 19,000 ETH, valued at approximately $47.5 million, over the past two days.
đ Crypto: Ethereum in peril as an ICO whale liquidates $47 million!
This massive sale comes after a series of similar transactions that began in late September, when more than 12,000 ETH, valued at $31.6 million at the time, were transferred to the Kraken platform. This crypto investor, who initially acquired 150,000 ETH during Ethereumâs ICO in 2014, has seen the value of these assets rise from $46,500 to nearly $400 million today.
The ongoing exit by this investor has had a significant impact on Etherâs price, which has dropped nearly 10% since the beginning of October. The price of ETH fell from $2,650 on October 1 to an intraday low of $2,365 today on October 3. This decline has revived criticisms and concerns about Ethereumâs future, which has underperformed this year compared to other cryptos.
đČ Unwavering confidence despite challenges
Despite this situation, the Ethereum community remains resilient. Influential figures like Anthony Sassano and Ryan Sean Adams continue to defend the network, highlighting its achievements and future potential. Additionally, planned improvements for account abstraction and authentication are expected to enable Ethereum to welcome the next billion crypto users.
Meanwhile, institutional investors also seem to be reconnecting with Ethereum. The nine Ether ETFs recorded an inflow of nearly $20 million on October 2, primarily driven by BlackRock. This influx is the largest of the week, occurring a day after the largest fund outflow since the launch of the ETFs.
#ethbeta #ETHđ„đ„đ„đ„
đšđšđš
The crypto market is once again shaken by waves of fear, uncertainty, and doubt (FUD) as a major investor from Ethereumâs ICO recently liquidated a large portion of its holdings. According to on-chain transaction data, this investor sold 19,000 ETH, valued at approximately $47.5 million, over the past two days.
đ Crypto: Ethereum in peril as an ICO whale liquidates $47 million!
This massive sale comes after a series of similar transactions that began in late September, when more than 12,000 ETH, valued at $31.6 million at the time, were transferred to the Kraken platform. This crypto investor, who initially acquired 150,000 ETH during Ethereumâs ICO in 2014, has seen the value of these assets rise from $46,500 to nearly $400 million today.
The ongoing exit by this investor has had a significant impact on Etherâs price, which has dropped nearly 10% since the beginning of October. The price of ETH fell from $2,650 on October 1 to an intraday low of $2,365 today on October 3. This decline has revived criticisms and concerns about Ethereumâs future, which has underperformed this year compared to other cryptos.
đČ Unwavering confidence despite challenges
Despite this situation, the Ethereum community remains resilient. Influential figures like Anthony Sassano and Ryan Sean Adams continue to defend the network, highlighting its achievements and future potential. Additionally, planned improvements for account abstraction and authentication are expected to enable Ethereum to welcome the next billion crypto users.
Meanwhile, institutional investors also seem to be reconnecting with Ethereum. The nine Ether ETFs recorded an inflow of nearly $20 million on October 2, primarily driven by BlackRock. This influx is the largest of the week, occurring a day after the largest fund outflow since the launch of the ETFs.
#ethbeta #ETHđ„đ„đ„đ„
Let me tell you how to call the MARKET TOP this cycle. đ
Itâs not rocket science.
Iâve watched this happen in 2018,
Seen it again in 2022,
And guess what?
đ Weâre going to see it play out again in 2025 during this #crypto bull run.
This indicator is pure gold. It marks the market top every single time. Itâs so simple to use that even a 5-year-old could understand it. The indicator is called:
âGMI Bitcoin Top Indicator.â
When the GMI Indicator peaks thatâs the sign. This is when you should be preparing to take profits, NOT dreaming of another 100x.
Look at every peak, the GMI Indicator signalled the top perfectly.
Right now?
Weâre nowhere near those levels yet. Thereâs still room to growâbut trust me,
When the GMI starts to peak, you better be ready to take those profits. Iâll be the first to let you know when itâs time.
No hype, no waffle, just a proven, reliable indicator to keep us ahead.
#BTCPredictedNewATH #IranianMissilesPlummetsBTC
Itâs not rocket science.
Iâve watched this happen in 2018,
Seen it again in 2022,
And guess what?
đ Weâre going to see it play out again in 2025 during this #crypto bull run.
This indicator is pure gold. It marks the market top every single time. Itâs so simple to use that even a 5-year-old could understand it. The indicator is called:
âGMI Bitcoin Top Indicator.â
When the GMI Indicator peaks thatâs the sign. This is when you should be preparing to take profits, NOT dreaming of another 100x.
Look at every peak, the GMI Indicator signalled the top perfectly.
Right now?
Weâre nowhere near those levels yet. Thereâs still room to growâbut trust me,
When the GMI starts to peak, you better be ready to take those profits. Iâll be the first to let you know when itâs time.
No hype, no waffle, just a proven, reliable indicator to keep us ahead.
#BTCPredictedNewATH #IranianMissilesPlummetsBTC
NOOBS ARE SAYING IT'S DUMPTOBER đ
đ
And If you're following such weak hands, it's time to prioritise doing your own research and have an independent strategy.
I believe Q4 is going to be bullish so I built big positions. Iâm down in decent numbers but Iâm not worried because you donât make 10-100x profit by panic selling 30% drops.
Iâm not selling my coins to Blackrock or big whales. I know Bitcoin is going to $100k+ and alts will pump hard.
And you my fam, yes you. You're seriously going to panic sell your bags? Just as:
đč FED officially pivoted with a 50bps rate cut
đčChina is stimulating its economy
đčGlobal liquidity is on the rise
đčFTX distributions are beginning
đčQ4 (crypto's best qtr historically) has just begun
đčThe U.S. election is just a month away
Moreover, the current Israel- Iran conflict has a decent role behind this dump and can't be blamed entirely, but these utter nonsense speakers will keep on raising this issue making it a prime catalyst of this dump. I don't know about you, but this dip seems like a gift to me to enter in those Alts which I missed.
My targets are long term so Iâm not focusing on this short term volatility. On the other hand we've noobs and incompetent wannabes saying mkt will have it's worst 4th quarter of the year ever đ I really wonder on what these buggers are getting high.
Optimise this opportunity & buy the dip.
Stop following anyone blindly and keep an open mind for learning & doing your own research.
#IranianMissilesPlummetsBTC #moonbix
đ
And If you're following such weak hands, it's time to prioritise doing your own research and have an independent strategy.
I believe Q4 is going to be bullish so I built big positions. Iâm down in decent numbers but Iâm not worried because you donât make 10-100x profit by panic selling 30% drops.
Iâm not selling my coins to Blackrock or big whales. I know Bitcoin is going to $100k+ and alts will pump hard.
And you my fam, yes you. You're seriously going to panic sell your bags? Just as:
đč FED officially pivoted with a 50bps rate cut
đčChina is stimulating its economy
đčGlobal liquidity is on the rise
đčFTX distributions are beginning
đčQ4 (crypto's best qtr historically) has just begun
đčThe U.S. election is just a month away
Moreover, the current Israel- Iran conflict has a decent role behind this dump and can't be blamed entirely, but these utter nonsense speakers will keep on raising this issue making it a prime catalyst of this dump. I don't know about you, but this dip seems like a gift to me to enter in those Alts which I missed.
My targets are long term so Iâm not focusing on this short term volatility. On the other hand we've noobs and incompetent wannabes saying mkt will have it's worst 4th quarter of the year ever đ I really wonder on what these buggers are getting high.
Optimise this opportunity & buy the dip.
Stop following anyone blindly and keep an open mind for learning & doing your own research.
#IranianMissilesPlummetsBTC #moonbix
$ETH NEW PLUNGE OF CRYPTO MARKET: WHY THE MARKET IS STRUGGLING đ
đ
The entire market is experiencing a significant decline, reviving investor concerns. After hovering around $66,000 last week, Bitcoin's price fell to $62,501 on Tuesday, a drop of 5.3%.
đ The Catalysts of an Unexpected Decline
This sudden drop originates from several key factors. Firstly, statements by Jerome Powell, chairman of the Federal Reserve, cooled market enthusiasm.
During a speech in Nashville on September 30, Powell tempered expectations regarding interest rate cuts, predicting only two reductions of 25 basis points each by the end of the year.
This perspective led to an adjustment in market expectations. According to the CME FedWatch Tool, the probabilities of a 50 basis point rate cut in November dropped from 53% last Friday to 38.2% after Powellâs remarks.
Moreover, the escalation of tensions in the Middle East has increased investorsâ risk aversion, weighing on volatile assets like Bitcoin.
đȘ A BTC Market Demonstrating Its Resilience
Despite this decline, several indicators suggest underlying resilience in the Bitcoin market. Data from CryptoQuant reveals that the $63,000 level corresponds to the realized price by short-term holders, serving as support since mid-September.
Additionally, capital inflow into BTC ETFs remains significant, albeit decreasing. According to Farside Investors, Bitcoin ETFs recorded net inflows of $494.4 million last Friday, including $203.1 million for Ark Investâs ARKB ETF and $123.6 million for Fidelityâs FBTC.
IntoTheBlock highlights another potentially bullish factor: the increasing demand for BTC in decentralized finance. Currently, 1% of the total BTC supply is locked in DeFi protocols, thus reducing available liquidity in spot markets and potentially exerting upward pressure on prices.
In this uncertain economic context, investors need to remain vigilant. Bitcoin may experience further fluctuations in the short term before potentially resuming it's upward journey ahead.
#BTCPredictedNewATH #BTCUptober
đ
The entire market is experiencing a significant decline, reviving investor concerns. After hovering around $66,000 last week, Bitcoin's price fell to $62,501 on Tuesday, a drop of 5.3%.
đ The Catalysts of an Unexpected Decline
This sudden drop originates from several key factors. Firstly, statements by Jerome Powell, chairman of the Federal Reserve, cooled market enthusiasm.
During a speech in Nashville on September 30, Powell tempered expectations regarding interest rate cuts, predicting only two reductions of 25 basis points each by the end of the year.
This perspective led to an adjustment in market expectations. According to the CME FedWatch Tool, the probabilities of a 50 basis point rate cut in November dropped from 53% last Friday to 38.2% after Powellâs remarks.
Moreover, the escalation of tensions in the Middle East has increased investorsâ risk aversion, weighing on volatile assets like Bitcoin.
đȘ A BTC Market Demonstrating Its Resilience
Despite this decline, several indicators suggest underlying resilience in the Bitcoin market. Data from CryptoQuant reveals that the $63,000 level corresponds to the realized price by short-term holders, serving as support since mid-September.
Additionally, capital inflow into BTC ETFs remains significant, albeit decreasing. According to Farside Investors, Bitcoin ETFs recorded net inflows of $494.4 million last Friday, including $203.1 million for Ark Investâs ARKB ETF and $123.6 million for Fidelityâs FBTC.
IntoTheBlock highlights another potentially bullish factor: the increasing demand for BTC in decentralized finance. Currently, 1% of the total BTC supply is locked in DeFi protocols, thus reducing available liquidity in spot markets and potentially exerting upward pressure on prices.
In this uncertain economic context, investors need to remain vigilant. Bitcoin may experience further fluctuations in the short term before potentially resuming it's upward journey ahead.
#BTCPredictedNewATH #BTCUptober
If you think that bulls and bears are the only two animals that represent the capital markets e.g stocks, crypto & others, then you are absolutely wrong like the other 90% of the people in this world.
There are 12 different animals apart from bulls and bears that represent investor behaviour along with market sentiments. Let's delve into it.
1. BULLS đ
The regular and usual optimistic approach of investors who think the market will rise.
2. BEARS đ»
Just the opposite, pessimistic investors waiting for the market to fall.
3. RABBITS đ
Traders who hold their position for a very short period of time and scoop a quick buck. They're also known as scalpers.
4. TURTLES đą
The patient ones who believe in long-term investing, trade slowly and focus on long term profit.
5. PIGS đ·
Very greedy and impatient investors who want huge profits and take high risks as well, eventually ending up losing most of the time. An example is "high leverage future traders". So, don't be a pig.
6. OSTRICHES
Investors who ignore negative market news and hope that their investment will survive somehow.
7. CHICKENS đ
Fearful investors who are afraid of taking risks and stick to safe investments. They're even happy with smaller returns.
8. SHEEPS đ
Investors who mainly rely on social media and follow a majority for their investment decisions without any research or having any independent strategy.
9. DOGS đ
Stocks that are beaten down by the market but expected to recover soon.
10. STAGS
Opportunistic traders who look for a quick gain, mainly from IPO's, ICO's and such opportunities.
11. WOLVES đș
Traders who try to manipulate the market with their deceptive actions and make big profits.
12. WHALES đł
Big investors who move the market.
13. SHARKS đŠ
Investors who are not as big as whales, but big enough to make headlines that influence avg. investors.
14. DEAD CAT BOUNCE đââŹ
A temporary recovery during a downtrend.
Which animal represents your psychology and trading style? Let me know in the comments section.
#EIGENonBinance #moonbix
There are 12 different animals apart from bulls and bears that represent investor behaviour along with market sentiments. Let's delve into it.
1. BULLS đ
The regular and usual optimistic approach of investors who think the market will rise.
2. BEARS đ»
Just the opposite, pessimistic investors waiting for the market to fall.
3. RABBITS đ
Traders who hold their position for a very short period of time and scoop a quick buck. They're also known as scalpers.
4. TURTLES đą
The patient ones who believe in long-term investing, trade slowly and focus on long term profit.
5. PIGS đ·
Very greedy and impatient investors who want huge profits and take high risks as well, eventually ending up losing most of the time. An example is "high leverage future traders". So, don't be a pig.
6. OSTRICHES
Investors who ignore negative market news and hope that their investment will survive somehow.
7. CHICKENS đ
Fearful investors who are afraid of taking risks and stick to safe investments. They're even happy with smaller returns.
8. SHEEPS đ
Investors who mainly rely on social media and follow a majority for their investment decisions without any research or having any independent strategy.
9. DOGS đ
Stocks that are beaten down by the market but expected to recover soon.
10. STAGS
Opportunistic traders who look for a quick gain, mainly from IPO's, ICO's and such opportunities.
11. WOLVES đș
Traders who try to manipulate the market with their deceptive actions and make big profits.
12. WHALES đł
Big investors who move the market.
13. SHARKS đŠ
Investors who are not as big as whales, but big enough to make headlines that influence avg. investors.
14. DEAD CAT BOUNCE đââŹ
A temporary recovery during a downtrend.
Which animal represents your psychology and trading style? Let me know in the comments section.
#EIGENonBinance #moonbix
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