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🔥 BREAKING : Brazilian 🇧🇷 Digital Bank Nubank Now Supports Crypto Transactions.
Nubank customers can now send and receive Bitcoin💰, Ethereum💰, and Solana💰 through the Nubank app.
@News_Crypto
🥇 Bitcoin is expected to trade between $60,000 and $66,000 for the next few weeks.
Significant Movement / New Trend may occur if weekly candle closes below $60,000 or above $66,000 on the chart.
High possibility of a quick drop to $55k - $50k before the bull run resumes.
💰 BTC HALVING PRICE HISTORY:
•2012= $12 halving, $964 1yr later
•2016= $663 halving, $2550 1yr later
•2020= $8740 halving, $55801 1yr later
•2024= ~$63300 at halving
Where will price be 1yr later?
🥇 Those expecting #Bitcoin to hit $100k right after the halving should lower their expectations.
History shows there's usually about 4 months of sideways movement and re-accumulation before any major price surge.
A mini altcoin season is Expected.
💰 Bitcoin Vs SOL Price Action :
#SOL, after losing the 50 EMA support, dropped by 28% towards the 200 EMA.
#BTC can follow a similar price action as long as Bitcoin is trading below 50 EMA.
Expecting a 15%-20% drop from here 📉📉
🚨🚨🚨 BREAKING: A dangerous vulnerability has been discovered in #iOS that allows for passive infiltration through iMessage.
Cryptocurrency users are advised to disable #iMessage to protect their assets, especially those using Trust Wallet.
@News_Crypto
💰 Bitcoin reacted to War News 📉 on Saturday when all markets were closed.
Now, before the traditional financial markets open and react 📉, Bitcoin is rising up📈 just to fill up the short positions.
💰 We are currently holding a short position from $72.8k and actively shorting bunch of coins on every weak bounce.
The next good short entry can be expected after rejection from the 200 EMA or $68k - $69k liquidity zone..
💰 Bitcoin on the 4-hour timeframe formed a descending triangle pattern. Expecting it to tap liquidity zone between $68k - $69k.
We are Holding many short positions, planning to add more if Bitcoin reaches this liquidity zone.
🚨🚨🚨 A trader was liquidated for $1 million using just 3x leverage, despite it being relatively low.
Many traders who believe Bitcoin will never drop below $60,000 or $50,000 are currently longing at $70,000 with 2x-3x leverage.
Be careful because market is all about stop-loss hunting.
🥇 Bitcoin corrected a -20% following the launch of a BTC ETF in the USA.🇺🇸
Expect a similar scenario when it's introduced in Hong Kong 🇭🇰
Correction is good to onboard new users, Since traditional buyers tend to buy after 20-30% correction.
💰 Solana is about to lose horizontal support and the 200 EMA on the 4-hour chart.
Once it's broken, expect a short-term target of $150 and a mid-term target of $120.
Today, the US 🇺🇸Bureau of Labor Statistics will release the #CPI data for March 2024.
🔸Expectations: 3.4%
🔸Previous: 3.2%
There will be huge volatility in the market.
🥇 The gap on the CME chart around the $68,000 mark has almost been filled, and Bitcoin has slightly bounced up from that level. The next target is to reach the second CME gap.
🚨🚨🚨 JUST IN: US Treasury Deputy Secretary issues official statement to Senate Banking, Housing, and Urban Affairs Committee, claiming Russia is using #Tether’s $USDT stablecoin to bypass economic sanctions.
🥇 Bitcoin has formed a symmetrical triangle pattern on its 1-day chart.
On the successful breakout, expect $77,000.
On the failed breakout, expect $63,000 to $56,000.
We are holding short from $72.8k and expecting 10%-20% dump from entry.
💰 BASE IS BOOMING 🚀
Daily transactions : 3 Million
Avg Block Time : 2s
Gas Fees : $0.01
Wallet Addresses : 75 Million
Try using Ethereum or USDC on Base.
🥇 April is going to be bearish month, After seven consecutive months green 📈, it's possible that the Halving event will result in a sell-off or profit-taking scenario.
High possibility that the market has peaked and may revisit the $50,000 mark this month 📉
(After breaking the $60,000 mark, there no support until the $50,000 level.)
We are holding our BTC short from $72.8k.
📊 Major Crypto Events in April.
Bitcoin halving, CZ sentencing hearing, US March CPI, SEC and Coinbase lawsuit.
BCH halving, EigenLayer's mainnet, Runes, and a large number of token airdrops like Ethena Wormhole IONET, etc.
💰 This is only the 2nd time in #Bitcoin’s history that seven consecutive months of positive returns have been achieved 📈
Back in 2012, the following month saw red month before another six months with consecutive positive returns were generated.