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Is there no way to trace out through exchange where the cryptos are wthdrawn?
Is there no way to trace out through exchange where the cryptos are wthdrawn?
CRYPTO_2231
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On Dec. 25, 2024, in Karachi, Pakistan, seven suspects—including an officer from the Counter-Terrorism Department—were taken into custody on suspicion of participating in the kidnapping of a cryptocurrency trader and demanding a ransom of $340,000.

While confirming that one CTD officer had been arrested, Inspector General of Police Ghulam Nabi Memon stated that attempts were still underway to capture another police officer implicated in the crime.

The victim, 30-year-old Mohammed Arsalan, was kidnapped from Manghopir, a well-known neighborhood in the northwestern part of Karachi. According to Arsalan, the abductors forced him to transfer $340,000 from his Binance account to several wallets they controlled before releasing him hours later near the Quaid-e-Azam mausoleum.

Arsalan later shared additional details on Facebook, but independent sources largely unverified his claims, including the specific amount transferred

#Binance #News #cryptocurrency
$HIVE Hive cryptocurrency is currently bullish due to several reasons: 1. **Operational Growth**: Hive Digital Technologies has seen a 47% increase in operational hashrate, achieving 6.0 Exahashes per second (EH/s). 2. **Expansion Plans**: Hive aims for 150% growth by 2025, targeting 15 EH/s in Bitcoin mining capacity. 3. **Cost Management**: Competitive electricity costs in Sweden have significantly reduced operational expenses. 4. **Relocation to Texas**: Moving headquarters to Texas for better access to renewable energy resources and deeper capital markets. 5. **Sustainability Focus**: Continued emphasis on environmentally responsible blockchain solutions.
$HIVE

Hive cryptocurrency is currently bullish due to several reasons:

1. **Operational Growth**: Hive Digital Technologies has seen a 47% increase in operational hashrate, achieving 6.0 Exahashes per second (EH/s).
2. **Expansion Plans**: Hive aims for 150% growth by 2025, targeting 15 EH/s in Bitcoin mining capacity.
3. **Cost Management**: Competitive electricity costs in Sweden have significantly reduced operational expenses.
4. **Relocation to Texas**: Moving headquarters to Texas for better access to renewable energy resources and deeper capital markets.
5. **Sustainability Focus**: Continued emphasis on environmentally responsible blockchain solutions.
Its better to serve for humanity instead of paying taxes which are in use of political interest
Its better to serve for humanity instead of paying taxes which are in use of political interest
Farzo-12
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Elon Musk donates Tesla shares worth $112 million to charities that have "no current intention to ..."#

Tesla CEO Elon Musk has donated 268,000 Tesla shares worth almost $112 million to charity, according to a regulatory filing on December 30. This isn't the first time Musk has made large charitable donations.

In 2022, he donated $1.95 billion worth of Tesla shares to charity in several transactions between August and December. In 2021, he gave away $5.7 billion worth of Tesla shares, which was later revealed to have gone to his own foundation.

Why Elon Musk donated his shares

The shares, as stated in the filing with the Securities and Exchange Commission (SEC), were donated as part of Musk's "year-end tax planning" to "certain charities" that have "no current intention to sell such stock," the filing showed.
Well noted. Thanks
Well noted. Thanks
Tooba Rubab
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How to Earn $26.6 Daily on Binance Without Any Investment 💸✨
Ever imagined earning a steady income without spending a single penny? Binance, one of the world’s largest cryptocurrency platforms, offers various opportunities to generate income without any upfront investment. By leveraging multiple features and programs on Binance, you can potentially earn $26.6 daily or even more. Here’s a step-by-step guide to help you start earning and building your crypto portfolio today!

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1. Binance Affiliate Program: Earn Through Referrals

The Binance Affiliate Program is an easy and rewarding way to earn passive income by referring new users.

How It Works:

Sign Up: Join the affiliate program and get a unique referral link.

Share: Share your link with friends, family, or your online audience.

Earn: Receive a percentage of the trading fees from your referrals’ transactions.

Potential Earnings:

Your income depends on the trading activity of your referrals. A few active users can generate a substantial daily income.

Pro Tip: Build a blog, YouTube channel, or use social media platforms to reach a larger audience. More referrals mean higher earnings!

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2. Binance Learn & Earn: Get Paid to Learn About Crypto

Get rewarded for increasing your knowledge about blockchain and cryptocurrency through Binance’s Learn & Earn program.

How It Works:

Explore Courses: Visit Binance Academy and enroll in educational campaigns.

Take Quizzes: Complete lessons and answer quizzes correctly.

Earn Rewards: Receive free crypto tokens instantly for successful participation.

Potential Earnings:

The rewards vary depending on the campaign, but completing multiple courses can quickly add up.

Pro Tip: Prioritize high-value courses and complete all available campaigns to maximize your earnings.

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3. Promotions & Airdrops: Claim Free Crypto

Binance frequently organizes promotions and airdrops, allowing users to earn free tokens with minimal effort.

How It Works:

Stay Updated: Follow Binance’s official announcements and social media.

Participate: Join events like trading competitions, social media tasks, or token giveaways.

Potential Earnings:

Rewards depend on the event, but some airdropped tokens have significantly appreciated in value.

Pro Tip: Act quickly, as most airdrops are time-sensitive and have limited slots.

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4. Stake Your Free Crypto for Passive Income

After earning crypto through Learn & Earn or airdrops, you can stake it to earn additional rewards.

How It Works:

Deposit Tokens: Use Binance Earn or staking pools to lock your tokens.

Earn Rewards: Receive interest or staking rewards over time.

Potential Earnings:

Staking yields can range from 5% to over 20% APY, depending on the token and staking period.

Pro Tip: Choose tokens with higher APYs and consider long-term staking for greater returns.

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5. Arbitrage on Binance P2P: Profit from Price Differences

Binance’s Peer-to-Peer (P2P) trading platform offers opportunities to profit from price discrepancies.

How It Works:

Buy Low: Purchase crypto at a lower price from one seller.

Sell High: Sell it at a higher price to another buyer.

Potential Earnings:

Profits depend on the price difference and trade volume. Consistent arbitrage can lead to significant daily gains.

Pro Tip: Monitor P2P trends and act quickly to capitalize on favorable price gaps.

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6. Community Tasks: Contribute and Earn

Binance rewards users for participating in community tasks such as creating content or reporting bugs.

How It Works:

Engage: Take part in activities like writing blog posts, designing graphics, or providing feedback.

Submit: Submit your work and receive rewards if selected.

Potential Earnings:

Rewards may include Binance tokens, exclusive perks, or fee discounts.

Pro Tip: Join Binance forums, Telegram groups, and other community channels to stay updated on available tasks.

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Maximizing Your Earnings on Binance

1. Consistency is Key: Participate in multiple programs regularly to maintain a steady income stream.

2. Stay Updated: Keep an eye on Binance announcements and social media for new earning opportunities.

3. Diversify Strategies: Combine methods like referrals, staking, and promotions for optimal results.

4. Reinvest Smartly: Use your earnings to generate even more income through staking or liquidity pools.

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Final Thoughts

Earning $26.5 daily on Binance without any investment is not only possible but achievable with the right strategies and consistent effort. By leveraging programs like the Affiliate Program, Learn & Earn, and staking, you can build a sustainable income stream.

Start small, stay disciplined, and watch your earnings grow over time. Ready to take your first step toward financial freedom? Join Binance today and unlock these exciting opportunities!

Which method will you try first? Share your thoughts below!
#btc2025 its meanwhile wheal driven and continue till some time. Be cautious.
#btc2025 its meanwhile wheal driven and continue till some time. Be cautious.
#CryptoReboundStrategy crypto strategy is evolving and its good for market sentiments. Patience and research based moves is better then desperate actions
#CryptoReboundStrategy crypto strategy is evolving and its good for market sentiments. Patience and research based moves is better then desperate actions
Mila Rose
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Bearish
$DEXE

/USDT:Dip Move Confirm💯🔥
Ready for next move 💯 💥

Technical Snapshot:

Current Price: 17.288 (down 7.78% in 24h, slight recovery of +0.93% on the 30-minute chart)

24h High: 19.825

24h Low: 16.916

Volume: 721,085.86 DEXE, 13.13M USDT

Trend: Bearish with a potential recovery forming near key support.

Support & Resistance:

Support: 17.000 (psychological level), 16.916 (24h low)

Resistance: 18.000 (near-term resistance), 19.000 (psychological level), 19.825 (24h high)

Trade Strategy:

1. Bullish Entry:

Trigger: If the price breaks above 18.000

Targets: 🎯18.500 | 🎯19.000 | 🎯19.800

Stop Loss: 16.900 (below the 24h low)

2. Bearish Entry:

Trigger: If the price falls below 16.900

Targets: 🎯16.500 | 🎯16.000 | 🎯15.500

Stop Loss: 18.000 (above resistance)

Indicators to Watch:

RSI: Check if it exits oversold conditions, signaling a potential recovery.

MACD: Look for bullish or bearish crossovers to confirm trend direction.

Volume: Rising volume near breakout or breakdown levels will validate the move.

Conclusion:

Bullish Outlook: A sustained move above 18.000 could lead to a recovery toward higher resistance levels.

Bearish Outlook: A break below 16.900 may indicate continued downside momentum.

Monitor closely for confirmation signals before entering trades!

#CryptoReboundStrategy #BitcoinTurns16 #USJoblessClaimsDrop #Binance250Million
Muhammad Shahzaib Patni
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Patience is everything mates, you must be patient 😊

You must be patient with the loss 📉
You must be patient with the profit 📈

Your patience will make you move 💯


#DEXE looks promisingin future
#DEXE looks promisingin future
CryptoNewsHQ
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Bullish
DEXE: Powering the Future of Decentralized Governance 🚀
The world of decentralized finance (DeFi) is constantly evolving, and $DEXE is at the forefront of this revolution. This innovative platform is empowering users to create and manage Decentralized Autonomous Organizations (DAOs) with unprecedented ease and efficiency.
Why DEXE is a Game-Changer:
* No coding required: DEXE's user-friendly interface allows anyone to create and manage a DAO without any technical expertise.
* Flexible and customizable: Tailor your DAO to your specific needs with DEXE's wide range of customizable parameters.
* Rewards active participation: DEXE incentivizes users to actively participate in DAO governance through its unique reward system.
* Fosters transparency and security: Built on blockchain technology, DEXE ensures transparent and secure DAO operations.
DEXE is more than just a platform; it's a community-driven ecosystem where users can:
* Connect with like-minded individuals: Share ideas, collaborate on projects, and learn from experienced DAO creators.
* Access valuable resources: DEXE provides comprehensive documentation and support to help you navigate the world of DAOs.
* Shape the future of DeFi: Be a part of a growing movement that is transforming the way we organize and govern ourselves.
Ready to unlock the potential of DAOs?
Disclaimer: This is not financial advice. Do your own research before investing in any cryptocurrency.
Very nice and realistic analysis, economy is cooling there and forecast not really optimistic. Key is hiw state will support here
Very nice and realistic analysis, economy is cooling there and forecast not really optimistic. Key is hiw state will support here
Hadiqa Crypto Master
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🚨🚨China's Economic Struggles Deepen: Recession Concerns Intensify 🚨🚨
#Chinacrises
China's economic challenges are growing more severe, signaling a possible impending recession. The 10-year government bond yield has fallen below 1.60% for the first time ever, reflecting investor concern and deepening economic uncertainty. While U.S. bond yields are rising, China’s are plummeting, creating a stark gap of 296 basis points. This means U.S. bonds are now offering nearly 3% higher returns than their Chinese counterparts, a clear indication of investor caution towards China’s financial stability.

The country is grappling with deflation, which has a far more damaging impact than inflation, as it leads to shrinking profits, stagnating wages, and slowed growth. Coupled with this, the real estate sector has collapsed, wiping out a staggering $18 trillion in wealth since 2021. Home sales have dropped by over 50% in three years, a slump that outpaces even the 2008 financial crisis in the U.S. The private sector debt in China has soared beyond 200% of GDP, surpassing the levels seen during the 2008 financial meltdown, highlighting the mounting financial pressures.

Despite China’s efforts to stabilize the economy through stimulus measures, including cutting reserve requirements and slashing mortgage rates, the response has been insufficient. With a projected budget deficit of 4% of GDP in 2025, the government is forced to break its self-imposed cap to maintain economic stability. At the same time, China faces external challenges as former President Trump threatens to impose steep tariffs on Chinese goods, potentially crippling its trade-dependent economy.

As a hedge against uncertainty, China has ramped up its gold purchases, signaling a lack of confidence in other recovery strategies. While a portion of its population has moved into the middle class, over half of the country still faces economic insecurity. The global implications are also far-reaching, as markets worldwide brace for the ripple effects of China's financial turmoil. With skepticism surrounding China’s $411 billion special treasury bond issuance in 2025, the path to recovery remains unclear.
#China #binance #Write2Earn! #2025WithBinance
I echo it
I echo it
Cowperwood
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Why should you think twice before buying BIO?

Currently, many beginners are rushing to buy the $BIO coin, but there are a few reasons why this might not be the best idea. First, many coins that have been listed on exchanges in the past experienced significant price drops afterward. Second, we don’t have any historical price data for the coin, meaning we can’t use technical analysis. For these reasons, it’s probably better to wait and observe how the price behaves in the future.

This is not financial advice—only you are responsible for your money!
It will be US$96,500 - 97000
It will be US$96,500 - 97000
Binance Square Official
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Predict BTC Price & Win up to $300 USDC!
With the new year approaching, where do you think Bitcoin will go next?
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! 
*Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.

Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at  2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
It’s a moon shot
It’s a moon shot
Muhammad_furqan
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Hello Everyone 😀
As I informed you all about this #BIO token in my first post Alhamdulillah you can see my first post my experience is 101% correct and this #BIO token is moving fast as I As mentioned earlier its price will go up very fast you guys just have to hold on to your #BIO token and be patient

Don't forget to follow me to get more accurate information
thank you

Biotech sector needs such support as the research in biotech specifically BioPharm is slow, requires patience and win rate not promising. However its a future for pharma sector
Biotech sector needs such support as the research in biotech specifically BioPharm is slow, requires patience and win rate not promising. However its a future for pharma sector
Ahmad-Abdulal
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BIO Protocol
Goals of BIO Protocol
BIO Protocol aims to solve challenges faced by traditional biotech research by:
Curation of BioDAOs: Allowing the community to identify and support high-potential BioDAOs through staking and governance.
Funding Scientific Innovation: Providing ongoing financial support for biotech projects, starting from the earliest stages.
Ensuring Liquidity: Supporting BioDAOs with liquidity solutions, so they can focus on research instead of market management.
Commercializing IP: Helping to tokenize and commercialize scientific research outputs for sustainable value creation.
Standardizing BioDAO Frameworks: Developing templates and infrastructure to create efficient, scalable BioDAOs.

Benefits of BIO Protocol
BIO Protocol introduces several benefits for both its participants and the broader scientific community:
Decentralized Funding: Breaking down barriers in traditional scientific funding by allowing global communities to contribute.
Shared Ownership: Contributors can own a portion of the IP generated by funded projects.
Access to Innovation: Early supporters of BioDAOs gain priority access to tokens, research findings, and biotech products.
Liquidity and Stability: Ensures BioDAO tokens have robust and sustainable markets, reducing financial risks for participants.
Governance Participation: BIO token holders have a voice in decisions about BioDAOs and the protocol itself.

BIO Tokenomics
The $BIO token is the native governance and utility token of the BIO Protocol. It serves as the backbone of the ecosystem, enabling holders to participate in curation, funding, governance, and liquidity management.
Key details about the BIO token include:
Token Name: BIO Protocol (BIO)
Max Supply: 3,320,000,000 BIO (dynamic, with governance control over future inflation)
Initial Circulating Supply: 1,296,529,168 BIO (39.05% of total supply)
Binance Launchpool Allocation: 99,600,000 BIO (3% of total genesis supply)

Token Allocation and Distribution
The total supply of $BIO is distributed across several categories to balance community participation, ecosystem growth, and contributor rewards:
Community (56%):
Includes 25% for ecosystem incentives, 20% for community auctions, and 6% for airdrops.
Core Contributors (21.2%):
Reserved for team members responsible for building the protocol, with a 6-year vesting schedule.
Investors (13.6%):
Allocated to strategic backers, with a 1-year cliff and a 4-year vesting period.
Advisors (4.2%):
Given to experts supporting the protocol’s development, subject to a long-term vesting plan.
This distribution ensures long-term sustainability and alignment of incentives across all participants in the BIO ecosystem.
$BIO

#BIOOnBinance #BinanceAlphaAlert #BitcoinInSwissReserves #AhmadAbdulal #BinanceSquareTalks
The funding from institutions specifically govt. or public private partnerships in scientific research is reducing YoY. Its a good idea that cryptocurrencies should support here.
The funding from institutions specifically govt. or public private partnerships in scientific research is reducing YoY. Its a good idea that cryptocurrencies should support here.
Binance News
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Vitalik Buterin Highlights Cryptocurrency's Role in Diversifying Science Funding
According to Odaily, Ethereum co-founder Vitalik Buterin shared insights on a DeSci podcast, emphasizing the fascinating role of cryptocurrency in providing more diverse funding options for science. He noted that this financial support extends beyond traditional institutions.
A longway to go.
A longway to go.
Hadiqa Crypto Master
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Bullish
💎BitTorrent Chain ($BTTC ) has captured the spotlight with speculation about its potential to hit $5 by 2025, fueled by its integral role in Web3 adoption, decentralized applications, and peer-to-peer file sharing.

🔥Key growth drivers include ecosystem expansion and increasing demand for Web3 technologies, but challenges like a massive circulating supply and fierce competition in decentralized ecosystems present hurdles. While $BTTC boasts strong use cases and market sentiment, achieving $5 will likely require strategic token burns, ecosystem breakthroughs, and favorable market conditions.

🚨 Traders should view this target with cautious optimism, monitor developments closely, and align entries with broader crypto market trends to maximize potential gains.
#BTTcReward #bttccoinupdate $BTTC
Its simply a correction for the people having patience and believing in crypto investment. Don’t worry. Cheers!!!
Its simply a correction for the people having patience and believing in crypto investment. Don’t worry. Cheers!!!
Hridhay
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Bearish
$BTC UPDATE

THIS MAY BE THE FINAL PUMP THAT WE’RE SEEING.
This is the Last opportunity to take profits and all the more final one once BTC REACHES 101-104K

It’s been quite a long time since we’ve been in an uptrend.
The Monthly closures we’ve had are marvellous to say the least.

It is now perfectly clear and i can say with conviction, WE’RE LEADING TOWARDS 60-65K IF NOT LOWER.

What I’ve been saying will finally come to fruition.
THIS PUMP WONT LAST LONG.
Mark my words.

Peace ✌🏻

#BinanceAlphaAlert $ETH $XRP
Thanks for sharing. Crypto trading is evolving and as usual having a target for Buy and sell with patience will be the key
Thanks for sharing. Crypto trading is evolving and as usual having a target for Buy and sell with patience will be the key
Hadiqa Crypto Master
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Bullish
🔥💫🚦 𝐒𝐭𝐚𝐫𝐭 𝐭𝐡𝐞 𝐘𝐞𝐚𝐫 𝐰𝐢𝐭𝐡 𝐖𝐢𝐧𝐧𝐢𝐧𝐠 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬! 🥂📢

As we step into a promising new year, it’s crucial to steer clear of misleading posts and clickbait articles promising quick riches or "𝐠𝐮𝐚𝐫𝐚𝐧𝐭𝐞𝐞𝐝 𝐦𝐨𝐨𝐧𝐬𝐡𝐨𝐭𝐬."The key to financial growth in crypto lies in informed decision-making and strategic trading. You don’t need luck or magic — just smart tactics and a clear plan.

𝐖𝐡𝐚𝐭 𝐓𝐫𝐮𝐥𝐲 𝐌𝐚𝐭𝐭𝐞𝐫𝐬 𝐢𝐧 𝐂𝐫𝐲𝐩𝐭𝐨🔥

Instead of fixating solely on price, pay attention to metrics that truly reflect a coin’s potential, such as market capitalization. This gives you a more comprehensive view of a coin’s growth opportunities. And why waste time constantly refreshing charts? Set up price alerts to stay informed about your target prices effortlessly.

𝐓𝐡𝐞 𝐒𝐞𝐜𝐫𝐞𝐭 𝐭𝐨 𝐒𝐦𝐚𝐫𝐭 𝐓𝐫𝐚𝐝𝐢𝐧𝐠🚀

Platforms like Binance make it easy to set price alerts, allowing you to monitor opportunities without stress. Let the market work for you instead of chasing trends. By focusing on metrics, planning ahead, and adopting an analytical approach, you can position yourself to achieve consistent profits.

Take control of your crypto journey today by applying these straightforward strategies. Stay informed, think ahead, and let success find you!

Top Market Movers:

$EIGEN: 3.548 (-2.36%)

$IMX: 1.305 (-1.95%)

$OSMO: 0.4318 (-0.91%)

#SolvProtocolMegadrop #BTC94KShowdown #BitcoinInSwissReserves #DEXVolumeRecord
#SmartCryptoMoves #MarketCapMatters #CryptoSuccess
Good news as future is crypto based trading specifically in countries having messy taxation system
Good news as future is crypto based trading specifically in countries having messy taxation system
Panda Traders
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Pakistan is making significant progress in the realm of digital finance. The State Bank of Pakistan (SBP) has proposed a framework to officially recognize digital assets, including cryptocurrencies, as legal tender. If this plan is approved, the SBP may also introduce its own digital currency, referred to as a central bank digital currency (CBDC). This marks a shift from the SBP’s previously cautious stance, paving the way for a new chapter in the country's financial landscape.
Who is following us from Pakistan ??
U.today
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New Bitcoin Prediction by Peter Brandt May Shock Bulls With Bearish Reality
As the year draws to a close, the attention of all crypto market participants is focused on where, and at what point, the price of the leading cryptocurrency,Bitcoin (BTC), will step into 2025. Despite hitting a new all-time high this month, Bitcoin is currently trading below this coveted mark, which is seen as more of a sign of weakness, even though it is still up 128% since the beginning of 2024.

With the crypto market attracting many more institutions this year such as BlackRock, Fidelity, pension funds and the like, thanks to the launch of spot Ethereum and Bitcoin ETFs, the trend of declines at the end of December also affected them. This is exactly what shatters the hopes of crypto enthusiasts to end the year with a six-figureBitcoin price.

card

Interestingly enough, according toPeter Brandt, a renowned trader with over 50 years of trading experience, the price of Bitcoin is not even up for debate right now.

In his latest review of the leading cryptocurrency, the expert trader says there is a clear head-and-shoulders pattern currently forming on theBitcoin price chart.

This is a head and shoulders top pattern. It might complete and take price to $78,000; it might fail with a thrust hire: or, it might morph into something else. But as it stands right now, it is a head and shoulders top and must be chartist dealt with for what it is. pic.twitter.com/b9AUUO7ddL

— Peter Brandt (@PeterLBrandt) December 29, 2024

What does it mean?

The pattern could complete and take the price to $78,000 per BTC, says Brandt. There are possibilities that the pattern could fail with a thrust hire or morph into something else, but as it stands right now, explains the veteran trader, it is a head and shoulders top.

It thus needs to be traded for what it is, Brandt reminds the bulls.

card

From one point of view, reaching this target, which the ominous pattern suggests, would mean another 17% drop for the Bitcoin price from current levels. On the other hand, it would mean that the cryptocurrency will close an important price gap that formed on the CME almost two months ago, and this will finally put an end to this unresolved issue.
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