$BTC Update - If correct on the Wyckoff Distribution Schematics #2 logic, then I'm setting TP1 at 93250 - Trendlines are converging, so we might get some movement within the next few hours
China plans to dump part of its US Treasury holdings and move into Bitcoin and gold, according to BlackRock. China held $784.3 billion in Treasuries, $229.6 billion in gold, and 194,000 BTC worth $18 billion as of early 2025. Selling US mortgage-backed securities could spike American mortgage rates and hurt the global market $BTC $BNB More Information My Website š¤rb.gy/iywan8 #BTCā
šØš„ $BTC Final Warning: The Calm Before Total Destruction, BTC to 38K$ Coming? āā“ļøš„šØ Hello CS Family, Like always, we have been ahead of the market, consistently protecting our community from massive disasters. Today once again, we bring you a critical and shocking Bitcoin update that you simply cannot afford to ignore. šš» Current Situation ā¦ļø: Since Bitcoin bounced from 28,500 dollars, it has been holding a steady uptrend. But now, that uptrend is dangerously weakening. The pattern we are tracking is reaching its exhaustion point, and based on historical patterns, a massive collapse could be just around the corner. History Repeats Itself: š¦ Many of you will remember⦠In 2017, $BTC exploded from around 2,500 dollars to nearly 19,900 dollars. Then without warning, it crashed brutally, falling back to the same lower regions. š The same deadly setup is now forming again. Markets look stable on the surface, but just like before, a catastrophic downfall is silently brewing. šÆ Reasons Why $BTC Is About To Crash Hard: ⢠Major bearish divergences are flashing on higher timeframes. ⢠Open interest is at dangerously high levels, exposing extremely overleveraged longs. ⢠Bitcoin is retesting its uptrend line repeatedly ā an imminent breakdown is overdue. ⢠Huge liquidity traps are building below, setting up a classic whale manipulation. ⢠Macro economic indicators are flashing strong recession warnings. ⢠A haunting unfilled CME gap at 38,674 dollars is magnetizing the price downward. Precautions āļø: ⢠Do not fall for fake green candles; they are traps. šš» ā¢ Avoid altcoins during this period ā they will bleed far worse than Bitcoin. Final Warning ā ļø : Sirens are screaming. Downfall is inevitable. Whales are already positioned while retail investors sleep peacefully in the trap. š° The final collapse is loading. Those who prepare now will survive. Those who donāt⦠will be wiped out. š» #BTC
Analyst Flags Daily Trend Reversal On Dogecoin Chart
A prominent crypto analyst known as Trader Tardigrade has highlighted a confirmed trend reversal for Dogecoin. In a post on X (formerly Twitter) this week, he pointed out that DOGEās daily chart has flipped from a downtrend to an uptrend. This claim is reinforced by a technical analysis of Dogecoinās price action.
Dogecoinās price recently broke above a descending trendline that had defined its downtrend for several weeks. This breakout occurred on April 22, when Dogecoin closed above $0.165 on the daily candlestick timeframe. This breakout was the first step indicating the coin was escaping its bearish trajectory.
The XRP price is once again making headlines as technical indicators show a solid breakout after months of consolidation. With its recent break in tight price action, a crypto analyst believes that XRP could be preparing to surge above $8, marking a new ATH for the top altcoin.Ā $XRP #XRPETFs
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