September is heating up with only BTC trades. August wasn’t great, but September is shaping up to be a month of gains. I'm holding long now – let’s see what the week brings to the table #BTC☀ #CryptoMarketMoves
$BTC 55k this week? Or is it 70k. Well i can see that lies and deception is influenced everywhere. But then you must not believe everything you see Infact you should not believe me , Just kidding. If you could go back in time would you buy bitcoin? For now , I believe that we are already at the top of the bull market in 2024 . 60-75k bitcoin is like top . The real bear market has not even arrived . If the bear market came , The bullrun from there will be insane. I don't know how low bitcoin will go but I'm sure what happened in 2022 and 2023 will happen again . I don't think the people who got rich would want to go down with the rest. They will sell and the new people to crypto whether rich or poor will lose alot buying coins at the bullish market. Always buy at the bear market. Futures trading is good but deadly at the same time if you have a good plan and strategy in place then it is very good. In futures or Spot trading , Patience is the key. Goodluck to all the new players
Stock market crashes all over the world A wave of financial collapses in multiple markets is happening across the world.
Black Swan or Black Monday?
Stocks and crypto have plunged as investors start to panic while a global sell-off deepens.
Absolute chaos in Japan as stocks are on track for their biggest decline in more than eight years, following a significant drop last Friday. This is an even larger drop than the Black Monday crash of 1987.
South Korea has halted all sell orders as markets crash more than 5%.
In the United States, the Magnificent 7 stocks have erased nearly $500 billion overnight. Indian stock market wipes out more than 10 lakh crore in a single day.
Japan stock market suffers biggest loss since 1987 With rumors of World War III and civil war across Europe, the markets are expecting an even deeper crash tomorrow.
Crypto market crashed, because of the following reasons 1. Iran vs Israel war 2. All markets down because of fear of Global Recession in 2025. 3. Genesis Global moved $1.5 billion in Bitcoin and Ethereum to repay creditors after its bankruptcy. The transfer involved over 16,000 BTC and 166,000 ETH, causing Bitcoin's price to drop by 2.2%. Note :- Don't to be worry at all, just avoid future trades at the moment and focus on SPOT buying of Ethereum and Bitcoin. Nothing else. Additionally :- You peoples were already updated by the PA of BTC, as Bitcoin rejected from resistance. Best of Luck...!!
Following a successful breakout and subsequent retest of the symmetrical triangle pattern, the crypto market has entered a robust bullish rally. This rally is encountering horizontal resistance, a critical level that could influence short-term price movements.
The 50-day moving average is also trending upwards, signifying ongoing bullish momentum and acting as a dynamic support level.
If the bitcoin decisively breaks above this horizontal resistance, it would further validate the prevailing bullish sentiment, potentially leading to continued upward momentum and new highs in the crypto market.
Hopes for an #EthereumETF drive futures open interest to a record $14 billion!
The anticipation of a potential #ETF approval has sparked increased activity in $ETH futures, reflecting strong investor interest and confidence in Ethereum's future.
Current Funding Rates vs. First #Bitcoin Price Discovery Attempt
The current funding rates are looking much healthier compared to the first time $BTC tried to enter price discovery. This suggests a more stable market environment and potential for sustained growth.
First BTC halving, November 2012: $12 Price after halving, November 2013, $1,146, increased 95 times Second BTC halving, July 2016: $658 Price after halving, December 2017, 20,089 US dollars, increased 30 times BTC’s third halving, May 2020: $8,800 The price after the halving will be $69,000 in November 2021, an increase of about 8 times. Bitcoin’s fourth halving is on April 2024, what do you think the price would be before and after halving? $BTC
Bitcoin 50K is Coming Bitcoin crash is expected which will dump it till towards $50k. Here is why? An estimated $30 billion in long positions could face liquidation industry-wide if #Bitcoin falls to $50,500!. So $BTC can come down towards this position. It can make everyone bullish and then hit the 50000$ to add more and more people to be liquidated. The liquidation works like a magnet 🧲 It drags the Bitcoin towards it's position. So $50k is expected. May be after 75k. But 50k is due. #BTC couldn't break the resistant of $69k. Now let's see the market. #HotTrends #BTC #ETH #Bitcoin(BTC) #halving