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Due to Pavel Durov arrest. All ton ecosystem coins crashed heavily in few hours ⚠️
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🔥 Massive Ascending Triangle is forming on $SOL!
Buying near the support (up-trend line) is a perfect spot. I believe Solana will go parabolic from current point of time since Tron memes are losing their hype.
Market Overview:
BTC : $64106
ETH : $2757.51
BNB : $580.39
SOL : $157.33
Dominance :
BTC : 53.60 %
ETH : 14.04 %
Stables : 6.46 %
Market Cap :
Total : 2.36T
DeFi : 73.97B
24hr Vol : 108.96B
🚨 Mt Gox distributed a whooping $6.6b in BTC to creditors since July.
Yet BTC is still trading above $60k. This is quite impressive.
🧬🧠
Jerome Powell says “The time has come for policy to adjust...Lagta hai Rates Cut hone vale hai September me..🤞
Bull run ahead 🚀
🚨 Breaking News 🚨
India’s getting ready to regulate #cryptocurrency! 🚀
The Department of Economic Affairs (DEA) is putting together a new paper.
It should be out between September and October.
For all $DOGS lovers, have a special offer for ByBit users!
To Earn Up to 30000000 DOGS
Use my link to increase the chance
Link - https://www.bybit.com/invite?ref=B0R6DJ
NEW: 60% of the largest Hedge Funds have disclosed #Bitcoin ETF holdings 🙌
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Introducing Dogs (DOGS) on Binance Launchpool! Farm DOGS by Staking BNB and FDUSD
https://www.binance.com/en/support/announcement/fc967d5825774984829b96943a42fadf
🕯 At the times of boredom and depression it's important to remember the main thing: $BTC is in pure uptrend! Look how precise is this recent retest of monthly MA14!
Summer is going to end soon, be ready for big volatility to return!
🇺🇸 GOLDMAN SACHS LOWERS U.S. RECESSION RISK—
Goldman Sachs has cut its U.S. recession risk forecast to 20%, citing strong retail sales and lower unemployment data.
The investment giant’s economists believe the Federal Reserve might cut rates by 0.25% in September.
While some think Bitcoin traders may welcome the cut.
Analysts caution that it could also signal a coming recession, which might push Bitcoin lower—similar to the market in 2019 when Bitcoin dropped 35% after Fed cuts.
🌐Source: Cointelegraph
$Magic forming a ascending triangle which is Bullish pattern. A breakout of this pattern could send the price above $0.38
You can take entry in between $0.350 to $0.356
We can expect 10% to 30% short term profit in this trade ✅
Market is massively exhausted. Volume on almost every exchange dropped massively. People start losing hope, this is exactly what market makers want
Do not lose hope because next 6 month will be massive in crypto
If you sell today you will regret tomorrow for life 🚨
Bitcoin remains only a small fraction of the gold market's size.
But every few years it takes a significant leap forward in relative value.
We're still waiting for that leap to happen in this cycle.
Now let's observe some altcoins that I will be buying! Let's start with a heavy one, it's $TON! I think that $TON ecosystem is the most perspective one given the amount of $DOGS, $HMSTR and other tokens users 👀
Best level to buy is blue support, just above $6 mark. I set some orders there!
Telegram is a wonderful social media platform and the best messenger ever made. I don't really think that Durov will actually be prosecuted, but anyways this case is a serious warning.
#FREEDUROV
Minutes of meeting(MOM) of FED chair POWELL'S Speech (8/23/24):
1. "The time has come for Fed policy to adjust"
2. Fed "will do everything" to support a strong labor market
3. Fed does not welcome further weakening of the labor market
4. Confidence has grown that inflation is heading to 2%
5. Balance of risks to Fed mandates has changed
6. Inflation has declined significantly toward the goal.
#ENS is forming a bullish pattern, so a breakout is expected after Little retractment.✅
Consider entering between $18 and $19.5
We might see 20% to 30% gains short-term, and 50% to 80% long-term.
Trump’s leading Harris 52% to 47% 🚀
He’s got a 5% lead in the winning chances for the 2024 election.
This is bullish for crypto! 🔥"
U.S. Dollar Index $DXY falls to lowest level of the year
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Here are five mistakes you should avoid in crypto trading:
1. Not Researching 📚: Always learn about the crypto you’re trading and the market before you start.
2. Letting Emotions Take Over 😰: Don’t let feelings like fear or excitement control your trading choices.
3. Skipping Risk Management 🚫: Use tools like stop-loss orders to protect your money and avoid taking big risks.
4. Trading Too Much 📉: Don’t trade too often, as it can lead to high costs and losses.
5. Chasing Hype 🔥: Don’t invest just because everyone else is; make sure you understand what you’re buying.
Absolute majority of retail sits in shorts right now. If we get a stop hunting move, I bet it will be upwards 👀
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JUST IN:🇷🇺 Russia and 🇨🇳 China have almost completely ditched the U.S dollar to settle bilateral trade.
90% of payments between the two countries are in their national currencies - Russia's Foreign Minister
Do you remember last time when $BTC Binance funding was negative? That was in October 2023, just before the big pump!
There are more and more signs across the market that tell the same thing: crypto market is ready for next bull cycle!
🇺🇸 Former President Donald Trump has disclosed owning up to $5 million in Ethereum-based crypto assets and has earned over $7 million from his three NFT collections.
This marks a significant financial gain for Trump, who has increasingly embraced digital assets as part of his 2024 election campaign.
WHAT WENT DOWN IN CRYPTO FOR THE PAST 48 HOURS:
🔸SEC approves first leveraged long MicroStrategy ETF.
🔸The US Govt. sells further $594M worth of Bitcoin to Coinbase.
🔸UEFA Champions League Welcomes Crypto(dot)com as First Cryptocurrency Partner.
🔸Vitalik Buterin donated $532k in ‘animal-themed coins’ to charity.
🔸Goldman Sachs, DRW Capital Unveil Over $600 Million in Bitcoin and Ethereum ETF Holdings.
🔸Metamask and MasterCard reveal crypto debit card in Europe.
🔸Coinbase re-opens operations in Hawaii after 7 year halt.
🔸 Injective has officially integrated with the TON blockchain ecosystem.
🔸Wisconsin adds 447k shares to BlackRock Bitcoin ETF holdings.