I predict that $BTC will hit the bottom of this cycle sometime between late August and early September.
And I predict that October of this year will be a time of strong up for Bitcoin
$BTW - This pump looks like a trap.
I’m opening a short on $BTW. The pump looks weak to me.
$BTW is trading around the same ATH area from where it dumped earlier. The pump is being weakened and the price is failing to make a new ATH. I think this is a good place to start building a short position, but don’t go all in at once.
Entry: 0.1870 – 0.19+
TP1: 0.175
TP2: 0.16
TP3: 0.14
If $BTW pushes above 0.190-0.192 and makes a new ATH then it can pump more so manage your risk accordingly.
NFA. DYOR
$BTW testing its previous ATH area and this is the best time for a SHORT 📉
The last time $BTW reached these levels, it had much stronger buying volume behind the move. This time, price is approaching the same resistance, but the volume doesn’t look as convincing.
That tells me the buying momentum could start fading soon. 📉
I still think $BTW could make one final push into the $0.220-$0.240 range if buyers step in, but from a risk-to-reward perspective, I like the short side around the $0.190-$0.200 zone.
With runner coins like this, you never know when one huge red candle appears and wipes out days of gains within minutes.
What do you think is next for $BTW? Will it dump same like the $HEI dump recently?
🚨 Ethereum has now formed the same bearish setup for the FOURTH time.
Every previous one ended with a sharp leg lower.
If history rhymes again...
The next dump is right around the corner.
12 years ago, we launched the world’s first hardware wallet.
Since then, one thing hasn't changed: our commitment to helping you stay in control and keep your crypto safe.
Grab a Trezor today. Up to 20% off on Trezor hardware wallets.
https://t.co/TFxG4fpId6
Last week’s Coldcard incident is a reminder of something the industry underrates: randomness is the foundation of self-custody. If it's weak, everything built on top of it is too.
Here’s what happened, and why Ledger devices are unaffected.
My targets for the $ETH short position is $1,300, and for $ZEC is $140.
You might call me crazy, but most of my short positions—like $HYPE and $GOLD—have yielded good profits.
Now, it’s time for me to stay quiet and let time provide the answer.
In the meantime, I’m still buying some low-cap coins and making a huge profit.
I'm shorting top coins and I'm longing low-cap coins at this time
Holy shit. 4 years ago someone reported their Coldcard wallet got drained after using the RNG feature with no dice rolls and he was subsequently blocked by Coldcard.
They had 4+ years to address this issue.
This horror story just keeps getting worse.
H/t: @Zenul_Abidin
I lost 6.42 BTC overnight.
A little over $400,000 at today’s price.
I noticed it early this morning when I opened Wasabi and the balance immediately looked wrong.
Then I saw the outgoing transactions.
None of them were mine.
What makes this so hard to understand is that this wasn’t Bitcoin sitting on an exchange or in some hot wallet.
My keys were on a Coldcard that had never been connected to the internet and was physically locked away in a safety deposit box.
That was literally the whole reason I used that setup.
No seed in the cloud.
No photo on my phone.
No password manager backup.
No browser wallet.
The BTC had been sitting there untouched for a long time.
Then overnight, several transactions went out within minutes and the wallet was basically emptied.
I spent the next few hours checking addresses, old devices and everything else I could think of, trying to find some obvious mistake on my end.
So far, nothing.
That’s the part that bothers me more than the number itself.
If I’d signed something stupid or fallen for phishing, at least I’d know exactly where I screwed up.
Instead I’m looking at a cold-storage wallet I deliberately made difficult to access, and somehow the coins still moved.
I’m documenting the transactions now and tracing where the BTC went.
Do I expect to get $400k back?
Probably not.
It’s a disgusting amount of money to lose overnight, but I’m not going to spend the next six months staring at a blockchain explorer feeling sorry for myself.
I made the money once.
I’ll make it again.
HEARTBREAKING.
The Coldcard attackers largest wallet address.
562 bitcoin.
Look at all the people who have been stolen from.
We must pray for all of them.
Dear COLDCARD attackers,
Congratulations. You successfully found a bug, exploited, and have collectively gathered around 1,500 bitcoin.
Now you are sitting on one of the most blacklisted coin stacks in history. It will be nearly impossible for you to exchange for currency or deal with any institution. Every move you make will be highly scrutinized and tracked. Presumably for the rest of your lives, you will be looking over your shoulder.
I suggest you plea with CoinKite to return all stolen funds in return for an audit fee of 5% of the loot. This way your work is rewarded and you are able to enjoy the fruits of your labor.
Respectfully,
hodlers worldwide
I can't keep my BTC on centralized exchanges because they might go bankrupt or freeze withdrawals.
I can't keep my BTC in hot software wallets because my laptop might get hacked.
I can't keep my BTC in cold hardware wallets because there could be a bug on the manufacturer's side that exposes my seed phrase.
I can't deploy my BTC in DeFi because there's like a new eight-figure hack every month.
So where am I supposed to keep my BTC?