Drift Victims Face a Brutal Choice
DFX claims are officially open.
Victims can redeem now, sell their DFX, or hold and wait for additional recovery funds to enter the pool.
But redeeming burns the DFX used โ meaning those tokens no longer participate in future recovery
$DRIFT
$BTC the only levels where I'll be interest in looking for long opportunities are at 60,500 and 58,500 levels.
Consider the rest as noise for now. Still in the shorts as the daily
trendline of bitcoin which held as support from July has fallen.
$BTC is still trading inside a clear short-term uptrend.
The main support zone to watch is $63.5Kโ$63.7K.
On the upside, $64.8Kโ$65K is acting as key resistance right now.
If we hold support, the next move will be to test higher levels.
But if we lose it, momentum will likely weaken and we could see a deeper pullback.
#Bitcoin
There's nothing that stops this train.
The sellers are once again exhausted.
It has been, by far, the longest bear market.
Woe unto the bottom sellers.
We're headed to $1M per $BTC . ๐๐
Stocks down. Crypto up.
Classic high-low rotation.
Next week: US stocks likely keep bleeding.
BTC: Pulled back from 63K โ 60K zone now.
If you shorted 59K and got trapped...
Look to add shorts near 63K in the next 2 days.
Raise avg to ~61K, then take profit on the flush.
Timeline:
Mid-July: Expect a big 10K BTC move.
Mid-Late July: Push to 68K-70K.
I'll close Nasdaq shorts next week, then rotate into BTC longs 60K-70K.
Same logic I posted 2 days ago.
Manage risk.
History repeats itself because people keep waiting for the "perfect time."
โThe people who enter the market in 2029 will look back at this exact period and envy those who stayed the course.
โToday is the "past" you'll be wishing for in a few years. Keep building.
The future you will thank you. ๐ฅ
Hello everyone, I have a question about taxes.
I don't know what to do with my Bitcoin right now. Will I have to pay taxes if I sell all of my Bitcoin and then buy it back right away with the same amount of money?
Or would there be no tax and I would simply receive the same amount of Bitcoin (less fees) as I'm selling at a loss?
Does anyone here have experience with this or know how it operates in the United States?
Is the dollar being killed on purpose?
Hearing 2 things everywhere:
1. Dollar is being weakened on purpose to wipe debt. Pivot = BTC/XRP. America250 coin also mentioned but barely tradable.
2. โollapse is comingโ - some say this month, some say July 4th, some say Dec.
Iโve been holding BTC. Missed selling the spike 2 weeks ago and itโs annoying ๐ฎโ๐จ
Now watching XRP. Market is dead. Everyone waiting for one big red candle.
Real question: DCA into XRP now or wait for the flush?
What are you guys doing?
Because sitting in cash feels dumb, and buying the top feels dumber.
โณโฟ
Not financial advice. Just thinking out loud.
Everyone: $DOGE to $5000 soon!
Me: Check the market cap math first ๐
But โpeopleโs cryptoโ + payments = long term game.
Elon wasnโt wrong in 2021.
$BTC still leading. Bounced hard from $60K support, now fighting $62.5K resistance.
Buyers defending highs, volume healthy.
Hold $60.5K = bullish structure intact.
Next targets $63.5K โ $65K.
On watchlist. Market wants strength, BTC giving it.
$ETH 4H: Bears got tired. Week of chop, MACD hugging zero ๐
Gameplan: Sub-$1500 break = resonance buy trigger. Watching for bottoming fractal on naked K ๐
July setup looks juicy. Patience pays ๐๐
$BTC monthly down โผ20% with June closing soon.
But weโre sitting right on the 2021 cycle top resistance.
It flips to support if bulls step up at S1.
Defend = bottoming case.
Fail = $47K next (S2).
Want me to tighten it more or add $BTC cashtag at the start for algo push?