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Reappearance of a 2021 Bearish topping pattern
$BTC RSI the oscillator has recently diverged #bearishly in a move that marked the 2021 top. A bearish RSI divergence contradicts the higher high in prices, signaling a slowdown in the bullish momentum.
The RSI has produced a lower high relative to its December high, diverging bearishly from the continued price uptrend. That's similar to the 2021 pattern.
The #negativ setup would be invalidated should the RSI cross above the falling trendline, representing the divergence, indicating a renewed bullish momentum.
The RSI has produced a lower high relative to its December high, diverging bearishly from the continued price uptrend. That's similar to the 2021 pattern.
The #negativ setup would be invalidated should the RSI cross above the falling trendline, representing the divergence, indicating a renewed bullish momentum.
I wonder if Binance has censorship on negative news about Binance?
#Binance #bnb #news #Censorship #negativ
#Binance #bnb #news #Censorship #negativ
#BreakingCryptoNews : 🚨 Nigeria Demands $81.5 Billion from Binance – The Biggest Lawsuit Against a Crypto Exchange!
🔥 Nigerian authorities have filed a multi-billion-dollar lawsuit against Binance, accusing the exchange of causing economic damage and tax evasion.
📌 Main Allegations:
💰 $79.5 billion – for alleged economic damage.
⚖️ $2 billion – for unpaid taxes over two years.
🏛 The Federal Inland Revenue Service (FIRS) of Nigeria claims Binance has a "significant economic presence" in the country and must pay corporate income tax.
💥 Key Facts:
🔸 Nigeria accuses Binance of four tax violations, including failure to pay VAT and corporate income tax.
🔸 The exchange is also accused of money laundering and currency speculation worth $34.4 million.
🔸 Authorities previously arrested two Binance executives – one escaped, while the other spent eight months in prison.
⚡ Why Does This Matter?
📉 Regulatory pressure on crypto is growing – after the U.S. and EU, African nations are now targeting exchanges.
💰 Binance risks losing Africa’s largest market – which could trigger further capital outflows.
🔥 $81.5 billion – a sum that could shake the entire industry? Or will Binance manage to escape this one too?
Have you already opened short positions on $BNB ? 👇👇👇
What do you think? Is this an attack on crypto or a real problem for Binance? Drop your thoughts in the comments! 👇🚀
#Binance #MoneyLaundering #cryptocrash #NigeriaCrypto
🔥 Nigerian authorities have filed a multi-billion-dollar lawsuit against Binance, accusing the exchange of causing economic damage and tax evasion.
📌 Main Allegations:
💰 $79.5 billion – for alleged economic damage.
⚖️ $2 billion – for unpaid taxes over two years.
🏛 The Federal Inland Revenue Service (FIRS) of Nigeria claims Binance has a "significant economic presence" in the country and must pay corporate income tax.
💥 Key Facts:
🔸 Nigeria accuses Binance of four tax violations, including failure to pay VAT and corporate income tax.
🔸 The exchange is also accused of money laundering and currency speculation worth $34.4 million.
🔸 Authorities previously arrested two Binance executives – one escaped, while the other spent eight months in prison.
⚡ Why Does This Matter?
📉 Regulatory pressure on crypto is growing – after the U.S. and EU, African nations are now targeting exchanges.
💰 Binance risks losing Africa’s largest market – which could trigger further capital outflows.
🔥 $81.5 billion – a sum that could shake the entire industry? Or will Binance manage to escape this one too?
Have you already opened short positions on $BNB ? 👇👇👇
What do you think? Is this an attack on crypto or a real problem for Binance? Drop your thoughts in the comments! 👇🚀
#Binance #MoneyLaundering #cryptocrash #NigeriaCrypto
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