Crypto Trading 🚀

2022-12-27 21:04:02 BREAKING $11 Trillion asset management giant, Fidelity, has filed a trademark application for cryptocurrency trading. Open / Comment

2022-12-26 22:03:53 I think Bitcoin will make a new all-time high, but the question is when? It will happen I can say, in a few months maybe.

So why not buy when the market is cheap and people are afraid, there are opportunities to load your top altcoins and Bitcoin, ETH!

Of course, there are bad days in stock markets even worse but you cannot think they are going anywhere. Open / Comment

2022-12-26 22:00:38 Here is the power of #Bitcoin . It’s all baked in.

Why does $BTC go up? The halving. Period. Open / Comment

2022-12-26 21:58:20 Japan set to unban foreign-issued stablecoins such as $USDT in 2023. Open / Comment

2022-12-25 13:03:34 Bitcoin is the new stable currency Open / Comment

2022-12-23 09:51:59 Sure does seem like the case some days #StockTrading #stockmarketcrash #stockmarkets Open / Comment

2022-12-20 08:29:26 Binance FUD


I expect the market to shift its attention back to the FTX aftermath and, far more importantly, Binance.

According to Nansen, about $3 billion were withdrawn from the exchange last week: the exodus is attributed to the exchange’s "temporary suspension" of withdrawals in USDC, which spooked users. CZ stated that the suspension was due to how long it takes to convert assets to USDC.

Recently, on-chain analytics platform CryptoQuant analyzed the exchange's proof-of-reserves audit. The report is reassuring: BTC liabilities are 97% collateralized, and BNB doesn't prevail in the exchange's reserves (as opposed to FTX's situation pre-collapse). However, even if Binance is solvent, it may encounter further issues.

Kevin O'Leary, a famous Canadian businessman, testified in the Senate that Binance purposefully put FTX out of business. Binance has had regulatory problems already, so such statements will enlarge the target on its back. If Binance keeps having substantial issues, crypto prices will plunge. Open / Comment

2022-12-20 08:28:48 BTC: More Pain Ahead
Last week I predicted that we would see a test of the $18,000 level, a failure, and then a reversal. It happened. So what’s next? To me, Bitcoin is carving a sizable bearish reversal pattern across lower time frames. I suspect we will see a move toward the $16,000 area and a period of price consolidation until Christmas. More to come next week. Open / Comment

2022-12-20 08:28:07 Last week, BTC moved to its highest trading level in over a month—$18,375. However, the move quickly faded due to the Fed's reaction to the inflation data.

At the start of the week, bitcoin increased by over $1,000 and hit the $18,000 resistance level after CPI data showed a significant cooling in U.S. inflation.

The market then struck a more cautious tone due to rumors surrounding Binance's solvency and potential investigations for money laundering.

Attention then turned to the Fed’s half-a-percentage increase in interest rates, which was widely expected. The main point of contention was the Fed members’ forward rate projection, which now points to more hikes in 2023 and, therefore, more pain for risk-on assets. Open / Comment

2022-12-19 20:18:40 Bearish as long as it stays below the $19k.

$BTC Open / Comment