Another Wave of Selling FOMO Is About To Come

 
The spell of “Selling the FOMO” before BTC halving is about to end, where influential players tried to convince you that before halving, BTC’s gonna crash to 50K, 45K, 19K, and blah blah blah, and they achieved their motive to some extent, by manipulating the crypto market and BTC price from 73K to 60K, backed by the whales and institutional investors.

Now there’s a second wave is about to start where they’ll create hype on social platforms that BTC halving has now done, the bull run is about to come, and crypto will rocket to the moon, mars, and beyond. Massive buying in the crypto market will happen, and prices will surge and boom! All the whales and institutional investors will sell their coins at their targeted profits, again the market will plunge, and retail investors & traders will end up with their liquidations. That’s a game theory behind the scenes being successfully played every time, that’s why they sell you FOMO and FUD through social media, influencers, and so-called gurus.

Do you remember what happened after the SEC’s ETF approval back in January 2024? When the BTC price surge was highly expected. But what happened afterward? The crypto shot up by a price of BTC from $48,600 down to $41,000: the same players, and the same FOMO-selling psychology.

The price of BTC and altcoins is likely to be inclined after the halving, but not after the very next hour of the halving event. It’ll take time, maybe a month or two, but it’ll rise gradually.  

Bitcoin halving events have historically been associated with price increases, but that's not a surety of immediate rise. The market's reaction can be influenced by numerous factors, including macroeconomic trends, regulatory developments, and investor sentiments.

So be cautious and move with patience, and make an informed investment decision, after taking into consideration all the factors directly proportional to the market, and with the calculated risk.

Stay Blessed

Cheers!

#bitcoinhalving #BitcoinHalving2024: $BTC #LatestNews

 

A massive selling is being made by Giants and whales, causing market to dump, mostly happened in weekends. Its a good opportunity to buy.

$SOL $BNB $BTC

#MarketDownturn #OpportunityAhead #InvestSmartly

BLACKROCK HAS BEEN TALKING TO DIFFERENT SORTS OF INSTITUTIONS ON BITCOIN ETF INVESTMENTS

Speaking to a news site, BlackRock head of digital assets Robert Mitchnick said they anticipate a new wave of inflows from “a different type of investor.” This assertion comes after a period of significant pause in terms of capital inflows into the BTC exchange-traded funds (ETFs) market.

Specifically, Mitchnick says the new players could include financial institutions like sovereign wealth funds, pension funds and endowments. If these classes of investors begin to trade spot ETFs, the BlackRock executive said it would signify “a re-initiation of the discussion around Bitcoin.”

Further, Mitchnick revealed that BlackRock, the world’s largest asset management firm, has been talking to different sorts of institutions, including “pensions, endowments, sovereign wealth funds, insurers, other asset managers, and family offices,” among others, about BTC for several years.

Elsewhere, a filing (13F report) from the US Securities & Exchange Commission (SEC) indicates that the second largest European bank (by assets), BNP Paribas, purchased BlackRock BTC ETF shares (IBIT). 

The portion of BNP Paribas’ investment into IBIT was very small, 1,030 IBIT shares in Q1 of 2024 at $40.47 a share, for a total of $41,684.10. This is less than the value of a single BTC at current prices. Nevertheless, it is still significant because it points to one of the first confirmed instances where a major financial institution has purchased shares of a spot Bitcoin ETF.
  
- BlackRock's head of digital assets says new wave of investors is
likely to pour into the BTC ETF space.
   
- After 71 days of capital inflows into Bitcoin ETFs, markets
witnessed an unusual lull that denied tailwinds for BTC price.

- Bitcoin price holds above $59,000 after an intraday low of
$56,552 on Wednesday.
#LatestNews #ETF✅ #BlackRockCrypto $BTC

TOP 3 PRICE PREDICTION BITCOIN, ETHEREUM, RIPPLE: ALTCOINS TO PUMP ONCE BTC BOTTOMS OUT, SLOW GRIND UP FOR NOW

 

Bitcoin (BTC) price slipped below $60,000 on Wednesday as markets tried to front-run the Federal Open Market Committee (FOMC) meeting.

In the mid-April meeting, the Fed alleged new uncertainty concerning whether it could cut rates later this year because of inflation data from the previous quarter. This had markets anticipate a rate hike, causing Bitcoin price to dump, going as low as the $56K range.

In a surprising twist on Wednesday, however, the Fed decided to keep rates unchanged, with the improved sentiment sending BTC back into the $58,000 range.

The sentiment has extended to Ethereum (ETH) and Ripple (XRP) prices as they continue to hold above key support levels.

KEY LEVEL TO WATCH AS BITCOIN PRICE SLOWLY GRINDS UP

Bitcoin price drop on Wednesday saw it draw close to testing the Bull Market Support Band at $55,831. However, dovish news from the FOMC may have turned around fortunes as the BTC price is slowly grinding up. If the bulls can manage to haul BTC back above the $59,200 level, it could solidify the recovery, effectively meaning that BTC has bottomed out at $56,552.

In the meantime, Bitcoin price remains in the woods amid falling momentum and growing bearish sentiment, as shown by the Relative Strength Index (RSI) and the Awesome Oscillator (AO) momentum indicators.

If the Bull Market Support band fails to hold as support, Bitcoin price could extend the fall toward the $52,000 threshold, or in a dire case, test the $50,000 psychological level.

Conversely, with the RSI holding well above the mean level of 50, and the AO still in positive territory, all hope is not lost for BTC bulls. And while a flip of $59,200 into support would solidify a recovery rally, the bearish thesis will only be invalidated once BTC breaks and closes above $72,000.

Source: Fxstreet

#Megadrop #LatestNews #ETF✅ $BTC

THIS IS HOW MARKET MAKERS AND WHALES MAKES MONEY

When everyone's expecting a pump in the market, the market makers dumped it.

Let's Recap The Show:

January 2024: SEC's ETF Approval: When there was a high expectation among retail investors and news circulation that BTC's gonna pump after ETF approval, but it's price dumped from 48K to 41k. The whales and market makers gathered millions of profit, leaving retail traders in panic selling and liquidation.

March and April 2024: The crypto market was inclining gradually due to pre halving of BTC. The market makers and influencers were selling the FOMO that BTC's gonna land to the moon after halving event, and everyone's started investing in crypto. And after reaching the BTC price to their desired targets, they've made another massive selling, leaving btc from 73k to 67k and further down after halving from 67k to 60k.

And today, when Asia's first ever spot ETF approval in Hong Kong and the very first day of Spot ETF trade opened there, the giants again manipulated the market from 64k to 60k, still declining while writing this post.

So always keep an eye on whats being propagated in the news goes adverse in reality. Avoid any short or long trade, just wait and see. They're selling the news and cashing the events.

And now you'll see the gradual rise again, coz they'll start a massive buying again, a win-win situation for them, while leaving retailers in liquidation, losses and panic selling again.

#HKETF #LatestNews #Megadrop $BTC

BITCOIN PRICE MOVEMENT UPDATE

As of April 26, 2024, bitcoin continues to exhibit fluctuating fortunes, with the latest trading session closing at $64,095. Amid a wider range between $62,923 and $65,069 over the last 24 hours, traders are grappling with mixed signals across various technical charts and indicators.

Bull Verdict

Should Bitcoin break above the resistance level at $65,391 and sustain this upward movement, it would indicate a significant reversal from the prevailing bearish trend. Such a breakout could propel BTC towards a bullish phase, with the potential to reach a near-term target of $70,000. Traders should monitor for sustained movements above this key resistance, as it would suggest an increasing momentum and a possible shift in market sentiment towards optimism.

Bear Verdict

The consistent bearish signals across most MAs, coupled with a lack of strength in the oscillators, suggest that the bearish trend may persist in the near term. With resistance solidly forming at lower levels than previous highs and significant selling pressure evident, BTC could likely test further downsides, potentially approaching the next main bearish target at $60,000. Traders should remain cautious, considering safeguarding assets and preparing for possible further declines in price.

What do you think about Bitcoin’s market action? Share your thoughts and opinions in the comments section below.

#bitcoin #LatestNews #AltcoinDominance $BTC

Hedera's HBAR Doubles, Then Falls 25%, as BlackRock Links Diminish

Hedera announced on Tuesday that BlackRock's U.S. Treasury money market fund had been tokenized on its blockchain.

Hedera’s native $HBAR token surged by over 107% on Tuesday, then slipped 25%, as investors believed that BlackRock was involved in a fund tokenization project on the Hedera blockchain.

On Tuesday, Hedera announced that BlackRock’s ICS U.S. Treasury money market fund had been tokenized on the Hedera blockchain in collaboration with Archax. Hedera supporters on social media began claiming that BlackRock chose Hedera to tokenize its fund, although this wasn’t the case.

Archax CEO Graham Rodford said that “it was indeed an Archax choice to put [the fund] on Hedera,” in response to criticism about misleading marketing from Hedera.

BlackRock entered the real-world asset (RWA) tokenization sector last month when it launched its USD Institutional Digital Liquidity Fund on Ethereum.

The HBAR token is still up by 61% over the past 24 hours, but the 2% market depth remains relatively thin, with $900,000 in cumulative bids on the Binance and Upbit order books within 2% of the current price of 14 cents. The token has over $2.6 billion in trading volume over the past 24 hours, according to CoinMarketCap.

CoinGlass data shows that funding rates across all derivative exchanges are heavily negative, which means those holding short positions have to pay those holding long positions, indicating a bearish bias. The ratio of longs and shorts on Binance is currently 0.85.

The weighted short interest, coupled with a lack of liquidity, creates a landscape for a volatile trading period that could culminate in a return to parity or a short squeeze, with open interest having risen by 442% to $160 million in the past 24 hours.

Source: Coin Desk

#BlackRock’s #LatestNews $BTC $HBAR

Bitcoin and Ethereum were stable in the morning hrs of the Asia trading. The CoinDesk 20 Index is flat as traders can't decide on a direction to take.

BTC & ETH continue to trade in tight ranges as traders reassess macro conditions after halving.

After a volatile last few weeks involving missile strikes between two geopolitical foes and excitement about halving, a sense of calm has returned to the market, with bulls and bears unwilling to lead the price action.

"After the halving, market volatility was somewhat muted," Thomas Kim, a trader at Presto, told CoinDesk. "Recent three-day realized volatility was well below the implied volatility of BTC options, and investors may still need to gauge macroeconomic variables."

Liquidation data from CoinGlass shows that in the last 12 hours, $52.46 million in positions have been liquidated. Ethereum and BTC positions are the largest, respectively, but there's also $6.86 million in $HBAR liquidations – owing to the token's recent surge in volume crossing the $1 billion mark – as well as $1.83 million in PEPE liquidations.

Justin d'Anethan from Keyrock, an Asia-based crypto market maker, said that traders are indecisive and can't make up their minds on what position to take.

"There's a flurry of negative news weighing on markets," d'Anethan continued, pointing to the SEC's clear desire to delay the ETF application, President Joe Biden's comments about crypto mining, and continuing crypto investment product outflows.
"On the flip side, maybe more bullish side, the pullback we saw last week, which was intently caused by some leveraged long liquidations, has probably cleared some froth and left us sitting at a respectable level with some committed capital," he said.

Coinglass data says that over the weekend of April 12-13, when Iran launched its missile attack on Israel, over $1.4 billion in long positions were liquidated.
"With the halving, crypto investors are not willing to part with their coins and are probably setting themselves up for higher prices long term."

Source: CoinDesk

#LatestNews $HBAR #Bitcoin❗️

Trade In Crypto Pragmatically, Without Losing Your Money

As we’re well aware that crypto market is highly volatile, hence trading in crypto is risky. Although, the risk associated with crypto trading cannot be eliminated, but it can be managed or mitigated. So, what’s the best option to trade in crypto without losing your money.

So, bear in mind these points for wining trades:

- Step into the market with a business / trader mindset, rather than just a gambler
- Do your research before getting into the trade
- Avoid psychological triggers, cognitive biases, or impulsive decisions
- Don’t get influenced by FOMO & FUDs
- Don’t get influenced by someone’s preaching you out to buy specific coins (especially meme coins aka shit-coins)
- Be patient, stay calm, wait for the opportunity to enter into the trade
- Make informed decisions
- Earn less, earn daily, weekly, or whenever you grab the opportunity
- Control Your Fear & Greed emotions
- Be cautious while trading in futures and manage your risk by lowering your leverage positions
- Do spot trading, spot DCA and auto-invest

By taking into consideration these points, the bearish/bullish trends will always be in your favor.

Cheers!

#LatestNews $BTC $BNB #write2earn🌐💹

Safety Precautions During Bearish Trend

During a bearish trend in the crypto market, it's essential to prioritize safety and take appropriate precautions to protect your investments, particularly before $BTC halving

- Keep yourself updated with the latest news and developments in the cryptocurrency market. Understand the factors contributing to the bearish trend, such as regulatory changes, market sentiment, or technological issues.

- Review your investment portfolio and assess your risk tolerance. Consider diversifying your investments across different cryptocurrencies and other asset classes to mitigate potential losses.

- Set stop-loss orders to automatically sell your cryptocurrencies at a predetermined price level. This can help limit your losses if prices continue to decline.

- Avoid making impulsive decisions based on fear or panic. Stick to your investment strategy and avoid succumbing to market FUD (fear, uncertainty, doubt).

- Ensure that your cryptocurrency holdings are stored securely in reputable wallets or exchanges. Use hardware wallets or cold storage solutions for long-term storage, and enable two-factor authentication (2FA) for added security.

- Explore hedging strategies such as futures contracts or options to protect your portfolio against downside risk.

- If you're concerned about further downside risk, consider reducing your exposure to the cryptocurrency market by selling a portion of your holdings or moving assets into more stable assets like fiat currency or stablecoins.

- If you're unsure about how to navigate the bearish market conditions, consider seeking advice from financial professionals or experienced investors who can provide guidance tailored to your specific situation.

Remember that investing in cryptocurrencies carries inherent risks, and there's no guarantee of profits. It's important to do your research, exercise caution, and make informed decisions based on your financial goals and risk tolerance.

Cheers!

#BTCHalvingApril2024 $TIA $ETH

On April 13th 2024, BTC price dropped from 67k to 60.6K, almost 7% declined and Altcoins went down to 20-30%. The second wave of slump in the market is likely to be expected before halving. $BTC along with Altcoins may face another dive, but how much deep? No one knows exactly. If someone’s telling you that BTC could fall to 45K-50K or something like that, then be wary and cautious, they’re selling you FOMO again, and you’re getting it subconsciously & involuntarily.

Always do your research and keep your eyes on current market situations by following authentic sources like financialjuice.com, crypto.com,  and news.bitcoin.com. Beware of fake social news being propagated deliberately to create fuss among retail traders and investors, and also avoid sentimental sources like “Trust Me Bro”

Action Plan

We’re all here in the crypto space to earn and make some money, not to empty our wallets. So, it’s better to avoid futures trading before halving, and after halving either. If you’re addicted to futures trading, then manage your risk by lowering leverage from 3x to 5x maximum, by adding optimum margin, and isolated mode, so your remaining assets won’t affect if the situation goes averse to yours. And if you’re trading in futures with less than $100 (at least), and taking a high leverage, there’s a high probability of getting doomed. While taking a high leverage in futures trade, should you consider it an opportunity for taking large trades or it’s just a bait to hunt your assets/funds? Think twice and thrice. (In a recent drop on 13th April 2024, it’s reported about $970 Million were liquidated from the Crypto Market, shoutout to greedy guys!).

The safest trading strategy is Spot Trading, Spot DCA, and Auto Invest. Even if the BTC price drops to $10, your assets are still in your hands, and safe in Spot DCA & Auto Invest.

What’s the best thing in Spot Trading, DCA Strategy & Auto Invest? You’ll feel blessed when the market drops or even crashes, while future traders are in fear of liquidation.

Cheers!

#BTCHalvingApril2024 $BTC

It's time to buy and HODL BNB coin as it will make you a smart profit in your assets. Considering investing in BNB coin? 🚀 As the native cryptocurrency of Binance, BNB has shown resilience and growth in the volatile crypto market. With utility ranging from trading fee discounts to token sales on Binance Launchpad, it's worth exploring for both traders and investors. DYOR, assess your risk tolerance and consider BNB as part of your diversified portfolio. #BNB‬ #CryptoIsYours #WRITE2EAERN

$DYDX Targeted Attack Update!

The dYdX (Decentralized Exchange) has used its insurance fund to cover losses amounting to $9 million resulting from a “targeted attack” against the exchange.

In a Saturday post on X, the dYdX team said that the v3 insurance fund was deployed “to address gaps in the liquidation process within the YFI market.”
“The v3 insurance fund remains well funded with $13.5m in funds remaining. No user funds were affected and our team is working to investigate the event”.

#DYDX/USDT #CryptoNews🔒📰🚫

⚠️Safety Precautions While Trading Crypto!

There's no business on earth that hasn't a risk factor at all, but the risk can be managed and mitigated by following the rules of doing business. The same is the matter with crypto trading.

Educate Yourself: Knowledge is power. Before you start trading, understand the basics of blockchain technology, different cryptocurrencies, and how the market works. Stay informed about market trends and news.

Start Small: If you're new to crypto trading, start with a small amount to get a feel for the market. As you gain experience and confidence, you can consider increasing your investments.

Diversify Your Portfolio: Don't put all your eggs in one basket. Diversifying your investments across different cryptocurrencies can help mitigate risks.

Set Realistic Goals: Define your financial goals and risk tolerance. Set realistic expectations for returns and don't invest more than you can afford to lose.

Use Reputable Exchanges: Choose well-established and reputable cryptocurrency exchanges for your trading activities like Binance, OKX, and Exness.

Secure Your Investments: Use hardware wallets or secure software wallets to store your cryptocurrencies. Enable two-factor authentication on your exchange accounts to add an extra layer of security.

Stay Updated on Security: Be aware of potential scams and phishing attempts. Keep an eye on security updates and best practices to protect your assets.

Have an Exit Strategy: Set clear entry and exit points for your trades. Don't let emotions drive your decisions, and have a plan for taking profits or cutting losses.

Stay Calm During Volatility: Cryptocurrency markets can be highly volatile. Avoid making impulsive decisions based on short-term price fluctuations. Keep a long-term perspective.

Regularly Review and Adjust: Periodically review your portfolio and trading strategy. Stay adaptable and be willing to adjust your approach based on market conditions and your own financial situation.
#CryptoTradingTip #binance #business

Avalanche $AVAX has been growing remarkably in the last few days. The significant growth in $AVAX shows its potential to profit in the long run. Predicting the future, especially in the volatile world of cryptocurrencies is a kind of trying to catch a comet with a butterfly net. Avalanche has shown some promising developments, with its unique consensus algorithm and growing ecosystem.

However, the market can be influenced by numerous unpredictable factors. If I had a crystal ball, I'd give you a glimpse, but for now, let's keep an eye on the news and market trends together.