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BrolySSJ

Three possible reasons why bitcoin price dropped by $3000 - Is the bull trend still there?

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The recent crash in the bitcoin market has everyone in the crypto world on edge, especially with the losses that some incurred and the fact that the last time there was a crash like this, the price plummeted greatly. However, in order to understand whether there will be a further drop in price or if the price of bitcoin will now start to recover, let us look at the possible reasons for this price drop and then from there say if the bull or bear market is coming. 

 

The firs reason for the drop in price is that there has been excess leverage. Over the course of the day that the bitcoin price dropped, there was close to 2 billion dollars in derivative positions that were cashed out. With these derivative positions, the price was bound to crash. 

 

The second reason is that this could just be a technical pullback, and if this is the case, then we should see this as a healthy pullback according to Stack Funds' Dibb. Pullbacks occur as a way to adjust the market and to reestablish and realign the market so that it can be in a more favorable bull market. 

 

And lastly there are smaller factors that could have affected the price as well. One of these factors is a rumor that the US will track owners of crypto wallets. Therefore there is likely that there was a major sell off of crypto for those that feared this rumor. Another factor is that the exchange OKEX has stated that it will resume with withdrawals and therefore it is possible that there is, or rather was, a lot of withdrawals during this time period. 

 

Based on these reasons, it is believed that the market is still showing a bullish trend. Crypto analysts believe that this was just a pullback and they are still confident that the price will surge even further than we have seen already. In fact the co-founder of the Mumbair-based WazirX exchange says that there is a good chance that bitcoin is still yet to reach its high point. 

 

Based on this analysis it seems that now may be a good time to continue to invest in bitcoin, and if you have made losses because of the drop in price, then perhaps you should HODL your coins and be patient. You soon may be seeing a profit. Do you guys agree with this analysis? Let me know your thoughts on bitcoin trade and future price speculations. 

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all the possibilities are present in our mind now a few days ago we were predicting that the Bitcoin will go up and it will touch to the $20,000 but now as a crash of the Bitcoin it may lose its value and yadav are saying main bhi it to $3,000 . it is a big crash of the Bitcoin and a very disappointing used for the investor's of the Bitcoin who own a lot of Bitcoin in their wallets.

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Excellent! I totally agree with everything you expose in your publication, apart I can add that other influencing factors apart from these was movements registered by several users of large amounts of Bitcoin to renowned Exchange which was seen as movement of whales preparing to act Faced with a possible spike and selling en masse, many took notice of the action, panicked, and started selling. Even waiting for a new fall in prices in Bitcoin, we can expect that the historical maximum will be reached before the end of the year, even that it will be surpassed, setting a new record since the scenarios that are presented today are much better than those that occurred in 2017. I add that if it is time to enter the game and if the fall is less, many will start to participate since the future rise is imminent.

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It feels that the price found the bottom. If it goes down more I'd be still in less profit but I won't quit my investment. Price of Bitcoin for the short term doesn't make me feel scared. As far as I see this, nothing has changed, and I will try to buy more if it keeps dropping as I am sure if a short term bearish trend happens it will be very temporary.

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The price of Bitcoin is affected by many factors that lead to a significant drop in the price, and one of the most important reasons is whales manipulating the market, intimidating traders, buying from below and selling at the top. It is difficult to expect, but the price of Bitcoin will improve and rise

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I think this is just a correction in bitcoin price im sure it will rise again to higher levels there is

no way that BTC price will drop to 3000$ that's almost impossible and as you said we shouldn't

sell our bitcoin at current price because it's too low we should hold BTC or trade in altcoins

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Yes you are right and in my opinion that BTC and other digital crunncies will rise soon to their past value amd price because this year was very bad with respect to market level.

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According to my technical analysis, I see that this decline that occurred is just a correction and reaping some profits from traders who bought from areas of 12 thousand dollars, and we may continue for days like this to form a new low on which prices are based to continue rising to the 20 thousand region.

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Very good analysis, I think it is also a small retreat of preparation for a new uptrend, for example the CEO of BInance speaks that it can stay some days between 16 K and 17 K. but stoy almost certainly breaks the 20 K before the 2021 or the first days.

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You have made an excellent summary of possible reasons why the price of the btc has indeed dropped. However I don't think it will go down in the worst case scenario of 10k, although to be honest I would love it to go down to 3k, so I could buy a lot. Anyway the market has the last word.

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I can't give a prediction right now. I don't want because it is difficult moment but I think that price is holding, volumes are up a lot and the positive trend can continue. I don't think price will go lower but maybe it will be a good time to buy this dip. There is risk of course and news of more selling can appear but all the lows are giving traders some good profits. I can say that we reached low at 16300, or perhaps there will be another wave down to 16000 or 15000 but I don't think it will go lower.

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12 hours ago, BrolySSJ said:

The recent crash in the bitcoin market has everyone in the crypto world on edge, especially with the losses that some incurred and the fact that the last time there was a crash like this, the price plummeted greatly. However, in order to understand whether there will be a further drop in price or if the price of bitcoin will now start to recover, let us look at the possible reasons for this price drop and then from there say if the bull or bear market is coming. 

 

The firs reason for the drop in price is that there has been excess leverage. Over the course of the day that the bitcoin price dropped, there was close to 2 billion dollars in derivative positions that were cashed out. With these derivative positions, the price was bound to crash. 

 

The second reason is that this could just be a technical pullback, and if this is the case, then we should see this as a healthy pullback according to Stack Funds' Dibb. Pullbacks occur as a way to adjust the market and to reestablish and realign the market so that it can be in a more favorable bull market. 

 

And lastly there are smaller factors that could have affected the price as well. One of these factors is a rumor that the US will track owners of crypto wallets. Therefore there is likely that there was a major sell off of crypto for those that feared this rumor. Another factor is that the exchange OKEX has stated that it will resume with withdrawals and therefore it is possible that there is, or rather was, a lot of withdrawals during this time period. 

 

Based on these reasons, it is believed that the market is still showing a bullish trend. Crypto analysts believe that this was just a pullback and they are still confident that the price will surge even further than we have seen already. In fact the co-founder of the Mumbair-based WazirX exchange says that there is a good chance that bitcoin is still yet to reach its high point. 

 

Based on this analysis it seems that now may be a good time to continue to invest in bitcoin, and if you have made losses because of the drop in price, then perhaps you should HODL your coins and be patient. You soon may be seeing a profit. Do you guys agree with this analysis? Let me know your thoughts on bitcoin trade and future price speculations. 

In my personal opinion, I believe that this fall is healthy for the price after that parabolic rise that we had because if we go to the past history of BITCOIN it has never risen so parabolic without a fall, most previous falls have been between 20% and 30%, however, we touched one of only 10%, which means that we still have the upward trend and this may be an impulse to pass the resistance of the historical maximum in the remainder of the year.

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This could be anyone reason or lots of reasons because crypto market is running 24/7 and global trading going on everywhere so huge withdrawal or BTC selling may cause this .So far what I observe it's the ideal price of long holder with high price and they have sell their BTC after long time and not waited more enough. They find the right price and sell their coins. The price is fluctuate because of them. 

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11 hours ago, BrolySSJ said:

The recent crash in the bitcoin market has everyone in the crypto world on edge, especially with the losses that some incurred and the fact that the last time there was a crash like this, the price plummeted greatly. However, in order to understand whether there will be a further drop in price or if the price of bitcoin will now start to recover, let us look at the possible reasons for this price drop and then from there say if the bull or bear market is coming. 

 

The firs reason for the drop in price is that there has been excess leverage. Over the course of the day that the bitcoin price dropped, there was close to 2 billion dollars in derivative positions that were cashed out. With these derivative positions, the price was bound to crash. 

 

The second reason is that this could just be a technical pullback, and if this is the case, then we should see this as a healthy pullback according to Stack Funds' Dibb. Pullbacks occur as a way to adjust the market and to reestablish and realign the market so that it can be in a more favorable bull market. 

 

And lastly there are smaller factors that could have affected the price as well. One of these factors is a rumor that the US will track owners of crypto wallets. Therefore there is likely that there was a major sell off of crypto for those that feared this rumor. Another factor is that the exchange OKEX has stated that it will resume with withdrawals and therefore it is possible that there is, or rather was, a lot of withdrawals during this time period. 

 

Based on these reasons, it is believed that the market is still showing a bullish trend. Crypto analysts believe that this was just a pullback and they are still confident that the price will surge even further than we have seen already. In fact the co-founder of the Mumbair-based WazirX exchange says that there is a good chance that bitcoin is still yet to reach its high point. 

 

Based on this analysis it seems that now may be a good time to continue to invest in bitcoin, and if you have made losses because of the drop in price, then perhaps you should HODL your coins and be patient. You soon may be seeing a profit. Do you guys agree with this analysis? Let me know your thoughts on bitcoin trade and future price speculations. 

These is definitely a confusing moment for many crypto enthusiasts because the way rates drops and climbs back, one will wonder if it's bearish of bullish trend we currently experiencing. 

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Well, whatever the reason is, this is obviously not a moment to panic, and it should be clear that any asset cannot keep going up endlessly, but there have to be some room for it to correct and gather more liquidity in lower levels. Indeed, this is not anywhere near from what Bitcoin can actually correct in a bull trend (up to 40 %), which is how weak hands are shaken off before resuming the upwards trend. 

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I agree with this analysis, the decline in bitcoin prices is temporary, don't panic and save your bitcoin, I think the bullish trend is still happening. I think the cause of the decline in prices in the last few days has been the excessive leverage which made the market a little lower, last week's massive sell-off on price increases has pushed bitcoin stocks so this price drop occurred. I think this is the main reason for the price of bitcoin to fall, don't panic, this decline is a common thing, don't sell cheaply because the increase in bitcoin prices will happen again.

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On 11/27/2020 at 8:05 AM, BrolySSJ said:

The recent crash in the bitcoin market has everyone in the crypto world on edge, especially with the losses that some incurred and the fact that the last time there was a crash like this, the price plummeted greatly. However, in order to understand whether there will be a further drop in price or if the price of bitcoin will now start to recover, let us look at the possible reasons for this price drop and then from there say if the bull or bear market is coming. 

 

The firs reason for the drop in price is that there has been excess leverage. Over the course of the day that the bitcoin price dropped, there was close to 2 billion dollars in derivative positions that were cashed out. With these derivative positions, the price was bound to crash. 

 

The second reason is that this could just be a technical pullback, and if this is the case, then we should see this as a healthy pullback according to Stack Funds' Dibb. Pullbacks occur as a way to adjust the market and to reestablish and realign the market so that it can be in a more favorable bull market. 

 

And lastly there are smaller factors that could have affected the price as well. One of these factors is a rumor that the US will track owners of crypto wallets. Therefore there is likely that there was a major sell off of crypto for those that feared this rumor. Another factor is that the exchange OKEX has stated that it will resume with withdrawals and therefore it is possible that there is, or rather was, a lot of withdrawals during this time period. 

 

Based on these reasons, it is believed that the market is still showing a bullish trend. Crypto analysts believe that this was just a pullback and they are still confident that the price will surge even further than we have seen already. In fact the co-founder of the Mumbair-based WazirX exchange says that there is a good chance that bitcoin is still yet to reach its high point. 

 

Based on this analysis it seems that now may be a good time to continue to invest in bitcoin, and if you have made losses because of the drop in price, then perhaps you should HODL your coins and be patient. You soon may be seeing a profit. Do you guys agree with this analysis? Let me know your thoughts on bitcoin trade and future price speculations. 

These is definitely a confusing moment for many crypto enthusiasts because the way rates drops and climbs back, one will wonder if it's bearish or bullish trend we currently experiencing. 

Edited by Froshk
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I may likely agree on the aforementioned analysis since BTC is a volatile coin and yet BTC has not rose to a higher point so with all these possibilities probably let considered it as just a set back for a moment but hold on patiently waiting for surprising bullish market of BTC 

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The decline in the price of Bitcoin strongly was surprising to everyone, after it reached 19500, it fell sharply to 16000 and I think the reason is that everyone was expecting a rise in more than this and exceeding 20000, but whales, bulls and bears are the ones who played the game by moving it up and then lowering it, and I think another rise soon

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Great. In fact, I can say all three factors or even more might have played their part in the sharp correction at $19'000. 

However, I think it is more of a technical pullback which will recover very soon enough. At least, we have seen some glimpses of that all from a little above $16'000. To go up all the way to $19'000, we'll need a great volume to support it.


My Altcointalks username —° Raqeebzy

 

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In my opinion, this price reduction is temporary, nothing to worry about. You will see the bitcoin price go up again this December. This sudden decline makes us nervous and confused about whether to sell at the current price or to wait a little longer. The most logical reason for this decline is excess stock due to heavy sales this week, I think bitcoin prices will return to normal and rise again in early December.

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6 hours ago, Raqeebzy said:

Great. In fact, I can say all three factors or even more might have played their part in the sharp correction at $19'000. 

However, I think it is more of a technical pullback which will recover very soon enough. At least, we have seen some glimpses of that all from a little above $16'000. To go up all the way to $19'000, we'll need a great volume to support it.

As I can see now on the chart, btc is recovering after the short pullback correction, now it's traded at the rate of 18200$ which is very positive at the 7 days frame, and for the next bull run, it may go higher than 20k$ 

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I agree with your analysis for the reasons why bitcoin dropped in price, people who hold bitcoin should be patience and wait for little more time the price of bitcoin will rise and it's will turn to profits. 

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To me I summed it as a drop in readiness to make a coin grow to the the tp after the huge price fall expectation or so many people expected the price to go up, this was never to happen because then you find that there was a certain strange measure to it, there were so many people who bought bitcoin because they thought the price would rise drastically after the halving happen so the coin had to fall so that it could rise after the halving.

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I will talk about the matter from the point of view as a trader, the price drop that occurred is expected for two reasons:
The first reason is a decline in order to adjust prices in the market, especially after its rapid rise and decline in Ethereum, and the second reason is to make room for large traders to buy larger quantities of bitcoin, and today we notice the return of the rise in a large and consistent manner among all currencies

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However, what these "bold actions" will be remains unknown.    The macro statistics released last week did not add clarity. The preliminary Services PMI in the UK decreased from 55.0 to 52.9 points in May, against expectations of 54.7. And although in the manufacturing sector, this figure increased from 49.1 to 51.3, the Composite PMI stood at 52.8, below both the previous value of 54.1 and market expectations of 54.0.   As the latest data from the Office for National Statistics (ONS) showed, published on Friday, 24 May, retail sales in the country fell by -2.3% (m/m) in April, against a forecast of -0.4% and a result of -0.2% in March. The annual retail sales volume decreased by -2.7% compared to the previous result of -0.4%, and core retail sales fell by -3.0% (y/y) against 0% a month earlier, with all figures significantly below forecasts.   In such a situation, experts' opinions regarding the timing of the Bank of England's (BoE) rate cut also do not provide clear guidance. Analysts at JP Morgan (JPM) stick to their previous forecast of a rate cut in August but are cautious, citing still high consumer price inflation (CPI). "We adhere to our forecast [...] but believe that the risks have clearly shifted towards a later cut. Now it is a question of whether the Bank of England will be able to ease its policy at all this year." Strategists at Goldman Sachs, Deutsche Bank, and HSBC have also shifted their rate cut forecasts, moving the date from June to August for now. But this is only "for now"...   The maximum of the past week for GBP/USD was recorded at 1.2760. According to economists from Singapore's United Overseas Bank (UOB), the pair's upward momentum has slowed, and the likelihood of the pound rising to 1.2800 is decreasing. UOB believes that in the next 1-3 weeks, the British currency will trade in the range of 1.2685 to 1.2755.   The week ended at 1.2737. The median forecast of analysts for the near future is as follows: 60% voted for the pair's movement to the south, 20% for the northern direction, and 20% preferred neutrality. As for technical analysis, all trend indicators and oscillators on D1 point north, but a third of the latter signal overbought conditions. In case of further decline, the pair will encounter support levels and zones at 1.2695, 1.2635, 1.2575-1.2600, 1.2540, 1.2445-1.2465, 1.2405, 1.2300-1.2330. In case of growth, the pair will meet resistance at levels 1.2760, 1.2800-1.2820, 1.2885-1.2900.   No significant economic data releases for the United Kingdom are scheduled for the coming week. However, it should be noted that Monday, 27 May, is a bank holiday in the UK.   USD/JPY: Calmness, Ladies and Gentlemen, Just Calmness!   For such a super-volatile pair as USD/JPY, the past week was surprisingly calm. There were no currency interventions, and verbal interventions were as usual – lots of words, little action. Thus, Japan's Finance Minister Shunichi Suzuki once again expressed concern about rising prices caused by the weak national currency.   According to Suzuki, one of the main goals of monetary authorities is to achieve wage growth exceeding inflation. "On the other hand," the minister added, "if prices remain high, achieving this goal will be difficult." In general, as usual, the government is closely monitoring the situation, understanding that everything is complicated, and therefore ... will continue to monitor.   Based on this contemplative policy, despite the GDP decline in Q1, on Thursday, 23 May, the Bank of Japan (BoJ) announced that it left the issuance volumes of Japanese government bonds (JGB) at the previous level. According to BoJ Governor Kazuo Ueda, "the economic outlook has not changed." The BoJ's view of the global economy has also not changed significantly. In general, calmness, ladies and gentlemen, just calmness!   Against this positive background, USD/JPY pair reacted only to the yield of US Treasury bonds and the dynamics of the Dollar Index (DXY). As a result, starting the five-day period around 155.70, it gradually moved up and ended it at 156.96. Analysts at United Overseas Bank (UOB) believe that given the weak upward pressure, the pair's growth in the next 1-3 weeks will be slow, and the barrier at 157.50 may prove to be a tough nut to crack. In their opinion, a price breakthrough above 157.00 is possible, but the pair is unlikely to consolidate above this level. The next resistance at 157.50 is unlikely to be threatened. UOB estimates that support is at 156.40, followed by 156.10. If USD/JPY falls below 155.60, it will indicate that the slight upward pressure has weakened, write the bank's economists.     Speaking of the average forecast, only 20% of analysts point south, 40% north, and another 40% east. Technical analysis tools are clearly devoid of such disagreements. Therefore, all 100% of trend indicators and oscillators on D1 point north, with 20% of the latter already in the overbought zone. It should be noted that while the green/north color of indicators regarding the British pound indicates its strengthening, in relation to the yen, it signals its weakening. Therefore, we advise paying attention to the GBP/JPY pair, whose dynamics have been very impressive lately.   The nearest support level is around 156.25, followed by zones and levels of 155.25-155.45, 154.60, 153.60-153.90, 153.00-153.15, 151.85-152.35, 150.80-151.00, 149.70-150.00, 148.40, 147.30-147.60, and 146.50. The nearest resistance is in the zone of 157.20, followed by 157.80-158.00, 158.45, 159.40, and 160.20-160.30.   From the events of the upcoming week, we recommend noting the speech of the Bank of Japan Governor Kazuo Ueda on Monday, 27 May, as well as the publication of consumer inflation (CPI) data in the Tokyo region on Friday, 31 May.   CRYPTOCURRENCIES: A Week Under the Ethereum Flag     In 2024, the crypto community began gradually forgetting the term "crypto winter." However, there was no talk of a "crypto spring" either. After the halving on 12 April, in the absence of a bull rally, small traders and speculators began selling off their coin reserves. According to The Block Research, the rate of opening new BTC wallets fell to a six-year low. However, the whales buying digital gold for the future prevented a complete collapse in prices. And finally, at the end of the calendar spring, it seems spring has come to the crypto market. And it was awakened by the Federal Reserve System (Fed) of the USA with its monetary policy. According to analysts, the surge in investments in digital assets was a response to the May consumer inflation (CPI) report in the US, which positively impacted the risk appetites of institutional investors.   According to CoinShares, investments in crypto funds increased by $932 million from 13 to 17 May, after an inflow of $130 million the previous week. For the first time, there was an inflow of $18 million into Grayscale's ETF. This sharp increase in BTC-ETF investments, the highest in the last nine weeks, triggered a sharp rise in bitcoin on 20-21 May, approaching $72,000 for the first time since 09 April.   After bitcoin rose above $71,000, its price updated historical highs in the local currencies of several Asian and South American countries. According to CoinMarketCap, in Japan, BTC reached a record level of 11.2 million yen at the start of trading on 21 May. This is the first case where the flagship asset's price exceeded 11 million yen. Digital gold prices also peaked in Argentina, where the leading cryptocurrency reached 63.8 million Argentine pesos, slightly above the maximum on 14 March.   In the Philippines, one bitcoin briefly rose to 4.18 million pesos, the highest since mid-March 2024. In several other countries, BTC prices also equalled or were very close to mid-March's maximum prices: in the UK, Australia, Canada, Chile, Colombia, Egypt, Israel, Norway, India, South Korea, Taiwan, and Turkey.   However, the Fed and American macro statistics, having awakened the markets, also calmed them. After strong business activity data in the US, BTC/USD returned to the support zone of $67,000. Another (and probably the main) reason why bitcoin could not update its historical high was its main competitor, ethereum, which drew investors' attention. (More on this below).   QCP Capital expects bitcoin to reach $74,000 and update its ATH (All-Time High) in the coming months. According to the company's economists, institutional acceptance of cryptocurrency is accelerating, and improving conditions in the global economy create conditions for capital inflows into risky assets. The US presidential election, scheduled for 5 November 2024, is also starting to have a strong positive impact on the cryptocurrency market.   Cryptocurrency themes continue to strengthen in the pre-election rhetoric of candidates seeking to gain the votes of the crypto community, which, according to NYDIG, numbers more than 46 million citizens in the US, or 22% of the adult population. Haseeb Qureshi, Managing Partner of Dragonfly Capital, believes that in such a situation, the administration of President Joseph Biden will soon be forced to ease its policy regarding the digital asset industry. A complete turnaround is not to be expected, but a softening of the position will still occur, Qureshi said.   CNN has recently reported on upcoming debates between Biden and his competitor, Donald Trump. The incumbent president will have to answer a number of uncomfortable questions about the harsh policy towards the crypto industry, which led to the outflow of cryptocurrency capital, the closure of large companies, and high-profile lawsuits. From Donald Trump, who turned the topic of cryptocurrency into a weapon against his opponent, in addition to attacks for the current state of affairs, loud pre-election promises can be expected, which could lead to significant volatility in the crypto market. Possible participation of Elon Musk, who expressed willingness to become a moderator, and independent candidate Robert Kennedy Jr., should enliven the debates, the first round of which is scheduled for 27 June, and the second for 10 September.   The main beneficiary of the past week was not bitcoin but ethereum. On Monday, 20 May, news reached the media that the US Securities and Exchange Commission (SEC) asked companies to update Form 19b-4 in applications for launching spot Ethereum ETFs in an accelerated manner. After these news, the financial agency Bloomberg immediately raised the chances of such funds being approved from 25% to 75%. Against this background, the leading altcoin quickly outpaced the flagship cryptocurrency in terms of growth rates.   The deadline for the first two applications from VanEck and Grayscale was Thursday, 23 May. Shortly before the X hour, ETH/USD reached $3,947, showing a growth of almost 30% in three days. According to Coinglass, the amount of liquidations and forced closures of short positions on crypto exchanges amounted to $340 million. A total of 78.8 thousand positions were liquidated, and the largest individual liquidation occurred on the HTX exchange for the ETH/USDT pair for $3.1 million.   The SEC did not disappoint expectations and on 23 May approved not two but a total of eight applications for the issuance of spot ETFs based on Ethereum and gave the go-ahead for trading and listing these funds on exchanges. According to Variant Investments Chief Legal Officer Jake Chervinsky, this step signals a "significant shift in US crypto policy, possibly more important than the ETFs themselves." This may also mean that recognizing ethereum as a commodity, the regulator will not categorize many other altcoins as securities. According to Rekt Capital, the market is already on the verge of an altcoin rally, the peak of which is expected in July.   Experts expect significant capital inflows after the listing of ETH-ETFs and believe that billions of dollars will be invested in derivatives in the first week after trading starts. Analysts from QCP Capital believe that the altcoin rate in the short term can rise to $4,000 and exceed $5,000 by the end of the year.   An even bolder forecast is given by Standard Chartered Bank economists. They expect capital inflows into such funds in the first year to range from $15 to $45 billion (2-9 million ETH). In this case, the fund's demand will lead to the asset's rate rising to $8,000 at a bitcoin rate of $150,000. Moreover, if market dynamics are positive, by 2025, the price of Ethereum will reach $14,000, and bitcoin's rate will increase to $200,000.   As of the evening of Friday, 24 May, BTC/USD is trading at $69,900, and ETH/USD at $3,735. The absence of an immediate pump and some drawdown of this pair on 23-24 May can be explained by the fact that everyone who wanted to has already managed to buy ethereums ahead of the SEC's historic decision. The total cryptocurrency market capitalization is $2.55 trillion ($2.42 trillion a week ago). The Bitcoin Fear & Greed Index (Crypto Fear & Greed Index) has not changed and remains in the Greed zone at 74 points.   And in conclusion of the review, forecasts from Artificial Intelligence. The latest version of GPT-4o from OpenAI believes that the price of bitcoin on 1 August 2024 will be in the range of $76,348 to $89,108 "considering current market factors and historical trends." GPT-4o's competitor, the anthropic AI model Claude 3 Opus, has formed an even more optimistic vision, designating the range between $105,072 and $167,808 by the indicated date. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Там то и тыкать не особо нужно, включил и пускай фармит. Это в других тапалках (и то не во всех) нужно каждый раз тыкать, тут почти пассив 😉
    • Полиция Южной Кореи раскрыла крупную группу криптомошенников   Южнокорейские полицейские арестовали 19 человек, которые выступали участниками мошеннической группы, действующей в социальных сетях. По данным властей, задержанные управляли открытым чатом, через который обманули сотни криптовалютных инвесторов.   Изначально мошенники предлагали пользователям чата законные способы вложений в цифровые активы, используя их некоторые инвесторы даже смогли получить прибыль. Такие действия преступников должны были усыпить бдительность, чтобы в дальнейшем люди без раздумий инвестировали в незарегистрированные криптовалюты. Когда инвесторы поняли, что их обманули, они потребовали вернуть деньги, но мошенники к тому времени уже заблокировали доступ к чату.   В результате расследования правоохранители выяснили, что в сети мошенников попали 308 человек, которые в общей сложности лишились примерно $19 млн.   По данным полицейского управления Южной Кореи, ещё как минимум шесть преступников находятся на свободе, скрываясь в других странах. Интерпол уже получил «красные уведомления», предписывающие арестовать их. Все участники мошеннического чата были завербованы главарём, чьё имя пока не раскрывается. Он помогал им незаконно въезжать в страну, а затем забирал у этих людей паспорта и мобильные телефоны, чтобы принудить к сотрудничеству. Источник - https://ru.investing.com/news/cryptocurrency-news/article-2425428
    • Даа, лучше поздно, чем никогда. Все таки будем вернуть свои ошибки, когда альты тоже будут расти. Но биткоин пока уверенно себя ведёт, я уверен что до конца года дойдет хотя бы до 90к. Эти альты меня так пугали, что с очень осторожностью покупаю их. 
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