CKB is climbing fast with a +8.52% gain, now priced at $0.004879! Buyers are charging hard, pushing it close to the 24H High of $0.004939. Strong bounce from support at $0.004494 shows solid demand!
A sharp price move triggered a short liquidation at $0.0574, wiping out $1,064.90. The market is buzzing as traders watch for the next breakout. Will the price drop further or reverse? Stay alert and trade strategically!
🚨 Trump Scams the Crypto Community AGAIN: Here’s the Ugly Truth 🚨
Donald Trump has once again stirred up the crypto community. First, he launched his memecoin dubbed a "shitcoin" by many and dumped it. Now, the actual text of his cryptocurrency executive order reveals a national digital asset stockpile might be built from seized cryptocurrencies, not fresh BTC purchases. Here's what you need to know:
💡 Key Takeaways from the Executive Order: What it really says:
The U.S. government may establish a "digital asset stockpile" using cryptocurrencies seized through law enforcement actions (think confiscated assets from illegal activities). This is not equivalent to the government actively buying Bitcoin or other cryptocurrencies on the open market. What it doesn't mean:
The U.S. government isn’t planning to pour money into Bitcoin or any other crypto asset to "stack Satoshis." This isn’t a bullish signal for Bitcoin adoption by the government, despite the hype in some crypto circles. Seizures, not accumulation:
The U.S. already holds substantial BTC from law enforcement actions like the Silk Road bust. This directive simply proposes keeping it instead of auctioning it off (as has been done historically). 🛑 Why This Matters: The narrative that the U.S. is secretly bullish on Bitcoin because of this stockpile is misleading. Speculators hyping this idea are ignoring the clear language of the executive order. It’s more about regulatory control than crypto adoption. 🔎 Pro tip: Always dig into the fine print before jumping on the hype train. Not everything is as bullish as it sounds!
👉 What’s your take? Do you think this is a sneaky way for the U.S. to accumulate crypto dominance, or just more regulatory noise? Let’s discuss below! Don’t forget to like, share, or drop a tip! 🚀
dead scamish coin will never pump. am shorting this DUMP
TrEnD CreaToR
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Bearish
SWARMS Long Liquidation Alert: $11,301 at $0.10545
The SWARMS market has just witnessed a long liquidation worth $11.301K at the pivotal price level of $0.10545, marking a significant moment for traders caught off guard by the sudden price drop.
This liquidation highlights increasing volatility and a potential shift in market dynamics.
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What Happened?
A long liquidation occurs when traders using leverage to bet on higher prices are forced to close their positions as the price drops below their liquidation threshold.
The breach of $0.10545, a key support level, triggered this cascade of forced selling, intensifying downward momentum.
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Key Levels to Watch
Immediate Resistance: $0.11 – A reclaim of this level is crucial for bulls to regain control and stabilize the market.
Current Support: $0.10 – This round number will likely serve as psychological support; a failure here could trigger further declines.
Next Major Support: $0.095 – If selling continues, this zone could act as a safety net for the token.
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What’s Next for SWARMS?
1. Bullish Outlook: If buyers defend the $0.10 support and push the price back above $0.11, SWARMS could recover toward $0.12, reigniting bullish sentiment.
2. Bearish Outlook: A breakdown below $0.10 would likely trigger additional liquidations, with the next stop around $0.095.
3. Heightened Volatility: Liquidations of this size often signal turbulent price action, offering opportunities for both breakout traders and dip-buyers.
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This $11.301K liquidation serves as a wake-up call to traders about the risks of high leverage.
Will bulls reclaim dominance, or are bears ready to push SWARMS to new lows? Keep your eyes on the charts—this story is far from over!
Bitcoin has successfully broken out of the symmetrical triangle pattern and completed a strong retest, confirming the breakout.
The Ichimoku Cloud is indicating bullish momentum, providing further support for the price action.
yesterday we had a nice liquidity sweep. which means a nice weekend pump or next week which also is the month end and the event featuring CZ. October will end a strong bull candle.
Also Bitcoin gaining momentum, the market appears poised for a significant rally, and we can anticipate strong gains in the near future. #btc #bnb
Bitcoin has broken out of its descending triangle pattern and is currently testing above the breakout level. The 100MA is acting as strong support, indicating bullish momentum.
A successful retest of this level would confirm a bullish trend, signaling potential for further upward movement. However, if the price fails to hold above this zone, a return to the triangle could lead to further consolidation within the pattern.
Bitcoin is rebounding above the Ichimoku Cloud, which is now providing strong support following its breakout from the descending triangle.
A potential bounce is expected if the price breaks above the 100MA, currently acting as a resistance barrier. Keep a close watch on this level for confirmation of upward momentum. #btc #sat #bch
On October 7, Bitcoin is trading around $63,500, with its price down about 1% over the week.
▪️Market sentiment shows that investors are currently inclined to see the positive in everything, according to surveyed experts, who predict Bitcoin's price movement next week.
▪️Strong employment data is perceived as a sign of no recession, while weak data is seen as a signal for the Fed to lower rates.
▪️Bitcoin is increasingly behaving like a traditional risk asset, following the stock market rather than gold, with which it is often compared.
▪️Key events for the market next week include the publication of the FOMC meeting minutes on October 9 and consumer inflation data on October 10. Analysts believe that the period of volatility for the crypto market will continue. #BTCUptober #btc #eth
Trending Ideas 🔥 Title: Pixel/Usdt Looking good for breakout
According to the current Pixels price, the price of Pixels is predicted to rise by 233.06% and reach $ 2.31 by May 11, 2024. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 76 (Extreme Greed). Pixels recorded 14/30 (47%) green days with 8.63% price volatility over the last 30 days. Based on the Pixels forecast, it's now a good time to buy Pixels.
Pixels Key Price Levels
Based on today's classical pivot point (P1) with the value of $ 0.638138, Pixels has support levels of $ 0.616722, $ 0.583052, and the strongest at $ 0.561636. Similarly, Pixels resistance levels are at $ 0.671808, $ 0.693224, and $ 0.726893.