REASONS

#BTCUSD #BTCUSDTAnalysis
Analysis is on the weekly chart so take into consideration this analysis is not valid for intra day . more of a long term picture based on historical technical data .
ANALYSIS :
#BEARISH📉 on BTC
#REASONS : well defined breakout from the weekly top range narrative to down side and market entered low volatility vortex . tested consequent encroachment of weekly FVG at 76910 But unable to cross 50% level of down close dominant sell orders . according to my analysis market tested last pivot support at 74551 again unable to give a promising dominant buy orders . on fixed range volume profile market isn't showing any historical volume influx at these level .
#conclusion
if marke breaks the POI at 74551 which it tested today and gives a valid breakout to the down side a short can be opened with minimal stoploss last 24 hours were seek and destroy day in my opinion . if support at 74551 didn't hold market target 🎯 will be 69833 . if that Support didn't hold 2nd target will be around 62575 and after that market can free fall to 47333 . in February I've shared an analysis depicting downward advance of market till 7450. and it has finally reached there . crypto markets follow fundamentals more than technicals . right now not expecting a pull back all the way up to the last lower high but if market didn't had enough orders to pull it down it might make a pull back for liquidity hunt above the high at 89249 . measured supply target is 62756 . over the spam of 6 to 8 weeks . cycle reading is negative/bearish but then again BTC Didn't really follow historical data ideally . suitable for spot shelf- buying in small quantities
ps : not a trade Signal .

#Reasons behind OM breakdown
The **OM token (MANTRA)** experienced a catastrophic breakdown on **April 13–14, 2025**, losing **90–98% of its value** within hours. Here’s a synthesis of the key reasons behind the crash, based on multiple reports:

1. Alleged Team Dump and Liquidity Crisis**
- **Massive Token Dumping**: Reports suggest the team or insiders sold ~90% of circulating supply, triggering a liquidity crisis. On-chain data showed large OM transfers to exchanges like Binance and OKX before the crash .
- **Centralized Exchange Liquidations**: The team blamed "reckless liquidations" by a large investor on a CEX, but skeptics pointed to coordinated OTC (over-the-counter) dumps .

### **2. Governance and Tokenomics Red Flags**
- **Concentrated Supply**: The team controlled a significant portion of tokens, enabling potential manipulation. Critics highlighted inflated valuations ($9.5B FDV vs. $13M TVL) .
- **Lack of Transparency**: The official Telegram group was shut down during the crash, fueling rug pull suspicions .

### **3. Market Panic and Cascading Effects**
- **Forced Liquidations**: A domino effect of margin calls and stop-loss triggers exacerbated the sell-off, similar to Terra-LUNA’s collapse .
- **Social Media Frenzy**: Accusations of "one of the biggest scams in crypto" trended, with comparisons to FTX and LUNA .

### **4. Legal and Regulatory Troubles**
- **Hong Kong Court Case**: A lawsuit alleged misappropriation of DAO funds, with six members ordered to disclose financial records .
- **Dubai License Under Scrutiny**: Despite securing a VARA license in February 2025, the crash raised questions about compliance .

### **5. Team’s Response: Denial and Damage Control**
- **Co-Founder’s Claims**: John Patrick Mullin denied team involvement, sharing a wallet address to "prove" tokens weren’t moved .
- **Community Distrust**: Many dismissed the explanation, citing prior warnings about tokenomics and governance flaws .

#btcdrop #REASONS
Bitcoin Drops Alongside XRP, ADA After Nvidia’s $5.5B Blow from China Ban

Investor sentiment soured late Wednesday as Nvidia shares plunged 8% to $89.10 after the U.S. banned its H20 chip sales to China. This move forced Nvidia to disclose a $5.5 billion quarterly charge, sparking a broader market downturn.

The crypto market followed suit:

Bitcoin dropped to $83,600, retreating from its earlier $86,440 high.

XRP fell over 2% to $2.08.

Cardano (ADA) slipped 4% to $0.61.

The CoinDesk 20 Index declined more than 2%.

AI-linked tokens were hit hardest amid NVDA's slide.

Market jitters were amplified by unusual NVDA put option activity suggesting bearish bets.

Futures tied to the Nasdaq fell over 1%, reflecting a broader risk-off tone.

Traders now await key economic signals:

U.S. retail sales report for March, expected to show a 1.2% rise.

Fed Chair Jerome Powell’s speech in Chicago, where markets hope for clues on potential rate cuts.

With Trump’s trade war escalating and recession fears brewing, any dovish signal from Powell could shift sentiment. Recent comments from Fed Governor Waller hint at possible rapid rate cuts if trade tensions worsen.
$BTC

$XRP