Khwaab

$NOT
The cryptocurrency market is buzzing with excitement as Telegram Coin Notcoin (NOT) makes a remarkable comeback. With a 14% rise, Notcoin is breaking free from its recent downtrend, positioning itself as an attractive option for investors looking to capitalize on its upward momentum.

Investors' Optimism Fuels Notcoin's Surge

Notcoin's price recovery is a testament to the growing confidence among its investors. The positive funding rate is a clear sign of bullish sentiment, indicating that traders are optimistic about Notcoin's potential. This consistent positive figure showcases the community's unwavering belief in the altcoin's future.

Moreover, the upward trend in the funding rate from a previous negative dip further reinforces this confidence. Investors are increasingly optimistic, reflecting a strong market sentiment that favors Notcoin's continued rise.

Technical Indicators Highlight Bullish Momentum

One of the most telling signs of Notcoin's potential is the Relative Strength Index (RSI), which is currently above the neutral line. The RSI, a crucial technical indicator measuring price momentum from 0 to 100, shows values above 50, indicating significant buying pressure. This elevated RSI underscores the surge in investor interest and the growing demand for Notcoin.

Notcoin's Price Prediction: Aiming for Old Highs

Currently trading just under the resistance level of $0.01794, Notcoin has seen a substantial 14% increase in the past 24 hours. This resistance barrier has been a challenging hurdle, but the prevailing bullish sentiment among investors suggests that a breakthrough is imminent. If Notcoin manages to breach this resistance, it could soar to $0.02000, offering substantial gains for investors who choose to long trades and HODL.

Seizing the Opportunity

For investors seeking promising opportunities in the cryptocurrency market, Notcoin presents a compelling case. The combined positive funding rate and RSI indicate robust bullish momentum, making now an ideal time to consider long trades. However, should Notcoin face another rejection at the resistance level, it may consolidate between $0.01794 and $0.01300. Even in this scenario, the asset remains an attractive option for those with a long-term vision, as holding onto Notcoin could yield significant returns once the bullish thesis materializes.

Conclusion

Notcoin's recent 14% rise and its ability to breach the downtrend line signify a strong recovery and a promising future. With positive market sentiment, supportive technical indicators, and the potential to reach new highs, Notcoin stands out as a golden opportunity for investors. Whether you're looking to engage in long trades or adopt a HODLing strategy, Notcoin's upward trajectory makes it a compelling asset to consider in your cryptocurrency portfolio.

The German government, through its labeled cryptocurrency wallet, has recently sold an additional $900 million worth of Bitcoin, igniting concerns about potential downward pressure on Bitcoin prices. On July 8, on-chain data from Arkham Intelligence revealed that the wallet, associated with the Bundeskriminalamt (BKA), transferred approximately 16,309 Bitcoin in multiple transactions to various external addresses. This marks the largest single-day Bitcoin liquidation by this wallet.

Significant Transfers to Exchanges and Market Makers

The transactions included substantial transfers to well-known crypto exchanges and market makers:

Flow Traders: 3,500 BTC

Kraken: 200 BTC

Bitstamp: 400 BTC

Coinbase: 400 BTC

Additionally, 700 BTC, worth over $38.5 million, was sent to the mysterious wallet "139Po," which has previously received significant amounts from the German government, including transfers of 550 BTC on July 2, 500 BTC on June 25, and 800 BTC on June 20.

Impact on Bitcoin Prices

Following these transfers, Bitcoin's price experienced a notable drop during the European trading session, falling as much as 6.75% from a high of $58,200 to a low of $54,278. The cumulative transfer amounted to 8,700 BTC.

The German government's selling spree has significantly reduced its Bitcoin holdings. According to Arkham data, the holdings have decreased from 50,000 BTC to 23,788 BTC, worth approximately $1.3 billion since the sell-off began in June.

Market Liquidations and Support Levels

This substantial selling activity triggered massive liquidations across the crypto market. CoinGlass data indicates that leveraged positions worth $425 million were liquidated, with $216 million in long liquidations. Over the last 24 hours, $189 million in Bitcoin positions were liquidated, including $81 million in long BTC positions.

Bitcoin found significant support at the $54,700 mark. However, a drop below this level could potentially trigger the liquidation of approximately $750 million worth of leveraged long positions across various exchanges, according to CoinGlass.

Mt. Gox Repayments and Additional Selling Pressure

Adding to the selling pressure, the long-awaited repayment process for creditors of the defunct crypto exchange Mt. Gox has commenced. The trustee, Nobuaki Kobayashi, announced on July 5 that repayments in Bitcoin and Bitcoin Cash (BCH) have started through several designated crypto exchanges. The total balance to be repaid stands at $9 billion worth of BTC and BCH.

Bitstamp, one of the exchanges involved, aims to quickly distribute its portion of the Bitcoin repayments, potentially introducing further selling pressure. Blockchain analytics firm Arkham Intelligence reported that $2.71 billion was moved from Mt. Gox wallets, presumably in preparation for these repayments.

Market Outlook

Despite the current selling pressure, many market participants remain optimistic about Bitcoin's long-term prospects. They anticipate that Bitcoin prices will recover and continue the bull market once the selling pressure from the German government and Mt. Gox repayments subsides.

At the time of publication, Bitcoin was trading at $56,433, down 1.52% over the last 24 hours. The market remains cautious. Market analysts are forecasting a substantial dip in Bitcoin prices in the coming hours, driven by a confluence of recent large-scale sell-offs and upcoming liquidation events.Traders are advised to exercise caution as the market navigates these turbulent waters. The next few hours could see heightened volatility and a significant dip in Bitcoin prices, prompting many to reconsider their positions and risk management strategies.

$BTC

In the fast-paced world of cryptocurrency trading, timing can be everything. One coin that is currently under the spotlight is Not Coin. Recent technical analysis suggests that this cryptocurrency is on the brink of a significant downturn, presenting a crucial moment for traders.

Technical Indicators Flashing Red

Not Coin has breached the lower speed line on its daily chart multiple times this week. This breach is a critical signal that the coin's support is weakening, and the likelihood of a sharp decline is increasing. Such a pattern is often a precursor to a more significant fall, indicating that the current bullish momentum is losing steam.

Resistance at .017 Holds Strong

Adding to the bearish sentiment, Not Coin has struggled to cross the .017 resistance level. Despite several attempts, the coin has been unable to break through this critical barrier. This repeated failure suggests that the selling pressure at this level is substantial, and without a successful breakout, the coin is likely to face further downward pressure.

Preparing for a Steep Decline

Given these technical signals, it is highly likely that Not Coin will experience a steep and fast decline. For traders, this presents an opportunity to claim profits now before the expected drop. By securing gains at current levels, traders can then look to re-enter the market at a more favorable price point.

Target Re-Entry Level: 0.009090

The projected target for Not Coin's potential bottom is around the 0.009090 level. This price point could serve as a strong support level where traders might consider buying back in. By selling now and repurchasing at this lower level, traders can potentially maximize their returns and mitigate losses.

Do Your Own Research

While the technical indicators suggest a bearish outlook for Not Coin, it's crucial to remember that cryptocurrency markets are highly volatile and unpredictable. This analysis is based on current trends and patterns, which can change rapidly. Therefore, it's essential to do your own research and consider multiple sources of information before making any trading decisions. Understanding the broader market context, keeping up with news, and consulting with financial advisors can help you make more informed choices.

Conclusion

In conclusion, Not Coin is currently flashing several bearish signals that traders should not ignore. The repeated breaches of the lower speed line on the daily chart and the inability to surpass the .017 resistance level suggest that a steep decline is imminent. By acting now and claiming profits, traders can prepare to buy back in at more attractive levels, specifically around 0.009090. Stay vigilant, conduct thorough research, and keep a close eye on the market dynamics to make the most informed trading decisions.
$NOT
#not

$DOGE
Dogecoin (DOGE), the once whimsical meme coin that captured the hearts of the cryptocurrency community, is now facing a potential downturn. Based on recent technical indicators and the prevailing market situation, it appears highly likely that Dogecoin might hit rock bottom, with the next significant support level being around $0.07.

Current Market Overview

The broader cryptocurrency market has been experiencing heightened volatility, influenced by macroeconomic factors such as inflation rates, regulatory news, and investor sentiment. As a result, many cryptocurrencies, including Dogecoin, are witnessing downward pressure.
Technical Indicators

1.Moving Averages (MAs):
- 50-day and 200-day Moving Averages:
The 50-day MA has recently crossed below the 200-day MA, forming what is known as a "death cross." This is typically a bearish signal indicating potential further declines.
- 20-day MA:
The 20-day MA is also trending downwards, suggesting that short-term sentiment is negative.

2.Relative Strength Index (RSI):
- The RSI, a momentum oscillator that measures the speed and change of price movements, is currently hovering around the 30 level. An RSI below 30 is considered oversold, indicating that the asset might be undervalued and due for a rebound. However, persistent oversold conditions can also signal continued downward momentum.

3.Bollinger Bands:
- Dogecoin's price is currently hugging the lower Bollinger Band, which suggests increased volatility and a potential continuation of the bearish trend. This pattern often precedes significant price movements, and in this context, it hints at further declines.

4. Support and Resistance Levels:
- Immediate Resistance:
Around $0.10, where previous support has turned into resistance.
- Next Support:
The $0.07 level, a psychological and historical support zone that has held in the past.

Market Sentiment and External Factors

Several external factors are contributing to the bearish sentiment surrounding Dogecoin:

1.Regulatory Uncertainty:
- Increased regulatory scrutiny globally, especially in key markets like the United States and China, has dampened investor enthusiasm.

2.Market Sentiment:
- The general sentiment in the cryptocurrency market remains cautious. Fear, uncertainty, and doubt (FUD) are prevalent, causing traders to be wary of making new investments.

3.Macro Economic Factors:
- Inflation concerns and potential interest rate hikes by central banks have led to a risk-off sentiment, causing investors to shy away from speculative assets like cryptocurrencies.

Conclusion

Given the confluence of technical indicators and the current market environment, it is highly likely that Dogecoin might hit rock bottom, with the next significant support level at $0.07. While oversold conditions could hint at a potential rebound, the prevailing bearish sentiment suggests that investors should remain cautious. As always, it is crucial to conduct thorough research and consider multiple factors before making any investment decisions.

Recently, Germany announced its plan to sell its $BTC reserves, a move that has captured the attention of traders and investors worldwide. However, as of now, the country has only managed to offload a mere 7% of its holdings. This slow selloff is a calculated strategy that offers a glimpse into the sophisticated tactics often employed by large organizations.

#Strategy Gradual Selloffs

When large entities like Germany plan to liquidate significant assets, they don't execute an immediate selloff. Instead, they sell a portion of their holdings, which typically results in a temporary price drop. This initial dip creates an enticing buying opportunity for novice traders, who rush in to buy the dip, hoping for a price rebound.

However, the market often behaves contrary to these expectations. As novice traders pump the price up slightly, the large entities seize this opportunity to dump more of their holdings, achieving a better sellout price for themselves. This tactic, known as a "fake pump," exploits the optimism of inexperienced traders to maximize profits for the sellers.

Recognizing the #fakepump

We are currently witnessing a similar scenario in the Bitcoin market. The trend does not change abruptly; instead, it follows a pattern that savvy traders can learn to recognize. Before a genuine trend reversal, the market typically provides clear signals. It is crucial for traders to conduct thorough research and understand these indicators before making investment decisions.

Don't Take the #Bait

The key takeaway for traders is to avoid falling for these fake pumps. Markets are complex and often manipulated by larger players who have the resources and expertise to influence price movements. By recognizing these patterns and staying informed, traders can make more informed decisions and avoid being caught in these traps.

#conclusion

Germany's gradual Bitcoin selloff serves as a critical reminder of the sophisticated strategies employed in the financial markets. Traders must remain vigilant and conduct thorough research before making investment decisions. Understanding the concept of fake pu
mps and recognizing the signs of genuine trend reversals can help traders navigate the market more effectively and avoid costly mistakes.