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@CryptoPatel Brother, which exchange are you using to convert USDT into INR? Indian govt is freezing back accounts for p2p trades and there are a lot of scammers on binance.
@CryptoPatel What all scenarios do you see on btc price if btc dominance breaks?
1. Btc dumping hard but alts dump harder = btc.d breaking out
Or
2. Btc rallying hard but alts slow to rally =btc.d breaking out.
Curious to know ur thought process on how you're preparing to enter in such case
@Athenains_off@Gr3gD3 when is the protocol being launched? We're in q2 already and according to your roadmap the token should've been listed by now https://t.co/HgsujaZ4W9
Reminder: the money you own in your bank account is a digital representation of an IOU of an IOU denominated in a made up currency that can be printed at any time and which you can only use with their permission.
Happy banking!
Loan for car
Loan for college
Loan for home
Work for 45 years
2 weeks of PTO
Pay government 30% taxes
Dollar loses 10% per hear
Loan for medical bills
Loan for home equity
Loan for credit cards
Loan for loans
Die at age 70, if you are lucky
#Bitcoin - What's Next?
The big Sunday report, all you need to know:
🚩 TA/LCA/Psychological Analysis: In last week's Sunday report, we discussed an anticipated sideways movement in the larger timeframe. As observed, Bitcoin is perfectly moving in this sideways region as mentioned. Some people fail to catch the bigger picture, not realizing that a price fluctuation within a 20% range is quite normal for movements in large market caps, and even beneficial, as BTC is gearing up for its next massive leg up, a leg up that will bring us above 80k and reaching 100k in high speed. In trading terms, we refer to this bullish sideways movement as an accumulation region – a phase where profit-taking money, incoming investment, and undecided money converge, resulting in a consolidation in the mid-term timeframe. As I've mentioned before, this sideways movement is bullish, and we're poised for a significant upward move.
What many fail to understand is that Bitcoin just broke through its all-time high (ATH) in the last few weeks and is now slowly building support near the ATH region. People don't realize that this is a process that takes weeks, and I told you we would stay in the region of the Golden Bull for weeks before continuing to rise, entering the super cycle. It's only a matter of time before we see Bitcoin climb above 70k and enter the super cycle after confirmation at 72.5k; people need patience, but most lack precisely this. We need strong support near the current ATH region, and BTC is doing exactly that. Compare it to previous ATH breakouts and observe how BTC behaved; you won't see many changes but a few weeks of sideways movement and building support, and sometimes a 20-30% correction in that region. Regardless, Bitcoin looks very bullish, and we can confidently say that the next leg up is only a matter of time. We have seen selling pressure from Grayscale recently; the weak and paper hands can be found panic-selling according to on-chain data that shows new buyers tend to sell in recent days, while experienced traders and BTC whales have rebought during this correction. The sell pressure is over from the retail side, and the funding rate has already cooled down.
I liked seeing Bitcoin retesting the previous ATH level in the 60k region. Watch the chart closely, and you will notice a very strong resistance at 60k at the beginning of 2021. Then, in October 2021, you can see how Bitcoin managed to break out above the mother of all resistances at 60k and reached the ATH of 69k before entering the bear market. Now, Bitcoin seems grown-up enough to handle this pressure at 60k and easily stays above it without much trouble. You can clearly see how the previous 60k resistance is slowly turning into a strong support, forming our base for the incoming super cycle, which is loading and only a matter of time.
For me, there is no reason to be scared; these corrections are pretty normal in every bull market. Remember, the halving is coming in 25 days, and the mother of all bull markets hasn't even started yet. Patience, we have a lot of green coming, and I keep accumulating new coins that are worth it for a long-term investment, coins I have spent hours researching and publish in my long-term investment channel, which is included in premium (@DrProfitPremium). Besides of that I still hold all Bitcoin and ETH I have bought at $16.000 region.
In terms of Calendar we have the Final US GDP q/q on Thursday and a Powell speak on Friday.
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@notAgres https://t.co/sBh70rMe7G this guy has a 97% hit rate. And you're saying bitcoin will go below 15k when you don't even post your trades. Why should anyone rely on you and not him
@notAgres https://t.co/sBh70rMe7G this guy has a 97% hit rate. And you're saying bitcoin will go below 15k when you don't even post your trades. Why should anyone rely on you and not him
#Bitcoin - What's Next?
The big Sunday report, all you need to know:
🚩 TA/LCA/Psychological Analysis: Two weeks ago, when Bitcoin was between 40-42k, I told you the market had changed. I notified you that BTC had indeed managed to break out above MA100, EMA50, and recently MA50 daily. These breakouts can't be ignored, and I mentioned that the bulls are back, leading the way, yet only a few listened. My target of 44k followed by 48k was hit with absolute perfection, including last week's 52-53k Sunday report prediction. So, what's next?
Reiterating my words from three weeks ago, the market is extremely bullish, and anyone considering shorting should be cautioned. For the first time in its entire history, Bitcoin did something unprecedented during the 2022-2023 bear market by breaking below the 200Weekly moving average. Now, almost one and a half years later, Bitcoin is making history again by breaking out above the $48,500 region. I've been telling you for six months that once $48,500 is broken, the golden bull would start. Doubters will soon see why.
What many people have missed, monthly Supertrend turned VERY BULLISH for the first time since mid 2019 which sent Bitcoin from $3000 region towards $69.000. For the first time since 2019, this indicator turned bullish, we have always seen a new ATH once this indicator turned bullish. This tells me only one thing, we are heading towards a new all time high in the coming months!
Historical facts about the .618 zone and importance of $48.500: Bitcoin never broke out above the .618 zone before a halving; it always occurred after, signaling the start of the golden bull. For instance, in 2016, Bitcoin broke above .618 at $700, leading to a rally to $19,000 in the next 12 months. A similar event happened in 2020, with a breakout above .618 at $13,500, followed by a surge to ATH in the subsequent months. Now, with the breakout above .618 at $48,500, I'm officially announcing the return of the golden bull. The significance of the $48,500 region cannot be ignored, as breaking above this level has historically signaled the start of a major bull run, leading to new all-time highs within 5-6 months. Despite this, some people still underestimate this indicator and bet on lower targets. I warn those planning to short: Bitcoin is extremely bullish above $48.5k, bullish above $38.5k, and neutral above $31.5k.
The number of perfection, the number of purity
Φ =1,6180339 = 48.500 region
Monthly close above 48.500 and we will write history
Watch this number, because its all we need to know after monthly close. Write history if we close above.
Its important to have a healthy market for the next leg up. So any dumps till the golden pocket of 48.5k are healthy and should not cause any panic (If these even happen). Market is very bullish! Today Bitcoin hash rate increased to over 80 trillion for the first time in its history and reaching another ATH! Do you understand how bullish this market is, do you understand that market is pumping due to halving and ETFs? Indeed, halving is only 60 days away and the mother of all bull markets is just loading. In terms of calendar we have nothing important this week.
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