"Are there upcoming FTX sales of $3.4 billion in cryptos next week? 🚨
FTX could start liquidating its assets from September 13.
In April, FTX held cryptos valued at $3.4 billion. The plan is to have weekly sales of up to $200 million.
These enormous FTX sales in the coming months could exert significant downward pressure on the entire crypto market.
Billions in coins will be released onto the market during the creditor sale. This would be a hard blow for the already struggling market.
The price might only recover once this excess supply is gradually reduced.
The affected coins would be:
$SOL $650m+
$FTT $500m+
$BTC $268m
$ETH $90m
$APT $67m
$DOGE $42m
$MATIC $39m
FTX could start liquidating its assets from September 13.
In April, FTX held cryptos valued at $3.4 billion. The plan is to have weekly sales of up to $200 million.
These enormous FTX sales in the coming months could exert significant downward pressure on the entire crypto market.
Billions in coins will be released onto the market during the creditor sale. This would be a hard blow for the already struggling market.
The price might only recover once this excess supply is gradually reduced.
The affected coins would be:
$SOL $650m+
$FTT $500m+
$BTC $268m
$ETH $90m
$APT $67m
$DOGE $42m
$MATIC $39m
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Inflation data from the USA comes today.
The market expects rising
month-on-month and year-on-year figures.
Rising inflation again brings further possible interest rate hikes - this is again poison for the markets.
In principle, one can assume that any number greater than the previous one will make for weaker markets.
We do not think that the forecast numbers will play a major role.
Much more the look at it: is inflation rising again or not?
The market expects rising
month-on-month and year-on-year figures.
Rising inflation again brings further possible interest rate hikes - this is again poison for the markets.
In principle, one can assume that any number greater than the previous one will make for weaker markets.
We do not think that the forecast numbers will play a major role.
Much more the look at it: is inflation rising again or not?
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In August, inflation in the United States saw a slight uptick.
The latest Consumer Price Index (CPI) report reveals a month-over-month price increase of 0.6%, aligning with expectations. On an annual basis, prices rose by 3.7%, slightly surpassing the anticipated 3.6%.
The latest Consumer Price Index (CPI) report reveals a month-over-month price increase of 0.6%, aligning with expectations. On an annual basis, prices rose by 3.7%, slightly surpassing the anticipated 3.6%.
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Forwarded from ElevateEquity Trading®
Update for btc long -
We will need to add margin for 25000$ and possibly 24,500$
So we dont hit liquidation and its a big if, if the liquidity is met we can push back to 27k and fully close
We will need to add margin for 25000$ and possibly 24,500$
So we dont hit liquidation and its a big if, if the liquidity is met we can push back to 27k and fully close
Free premium group nailed the direction of BTC!
Want to join?
Register on our partner exchange here: https://bonus.bitget.com/HRTX75
Deposit funds to trade and contact @AlchemySupportOne
Want to join?
Register on our partner exchange here: https://bonus.bitget.com/HRTX75
Deposit funds to trade and contact @AlchemySupportOne
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Back from Vacation
Back to business!
Starting with a quick update cause its a Sunday
- On the tether website they removed Binance as partner
- Be careful if the market crashes due to this news, no one knows this yet and no news is coming probably till tomorrrow
Back to business!
Starting with a quick update cause its a Sunday
- On the tether website they removed Binance as partner
- Be careful if the market crashes due to this news, no one knows this yet and no news is coming probably till tomorrrow
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Forwarded from ElevateEquity Trading®
Just a quick update:
We are in a Bitcoin Long from 25,500$ (4 weeks ago)
We are in avax spot
We are in a Bitcoin short from 27,200 with tp 1 hit.
We are also in a TRB short from 51.50 or 52 you got to choose.
We are also in the last 210 days left before the market (based on history) changes from accumulation to bull.
Thats 6.9 months - 7 Months - 7 potential pay cheques.
You can change your life in these 7 months.
Cut costs, invest in your long term portfolio.
We are in a Bitcoin Long from 25,500$ (4 weeks ago)
We are in avax spot
We are in a Bitcoin short from 27,200 with tp 1 hit.
We are also in a TRB short from 51.50 or 52 you got to choose.
We are also in the last 210 days left before the market (based on history) changes from accumulation to bull.
Thats 6.9 months - 7 Months - 7 potential pay cheques.
You can change your life in these 7 months.
Cut costs, invest in your long term portfolio.
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ElevateEquity Trading®
This is the trader we are currently vetting for our Copytrading. Look at his entry and exit. Stay tuned 🥂
So we are almost ready!
In the coming days, our copy trading is going to start!
The trader did create a new account just for us, and now we can enjoy his performance.
Take a look at the video; there are a few negative trades, but in real trading, you have to accept losses.
All in all it’s an impressive performance.
Many copy-trading personas just keep losing trades open until their portfolio is liquidated.
This won’t happen here; it will be real trading, not some BS to generate good-looking fake statistics!
In the coming days, our copy trading is going to start!
The trader did create a new account just for us, and now we can enjoy his performance.
Take a look at the video; there are a few negative trades, but in real trading, you have to accept losses.
All in all it’s an impressive performance.
Many copy-trading personas just keep losing trades open until their portfolio is liquidated.
This won’t happen here; it will be real trading, not some BS to generate good-looking fake statistics!
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Just in time yesterday 👍🏻
Join our signals here:
https://bonus.bitget.com/HRTX75
Write @alchemysupportone to get access to our group; once you deposited to trade o bitget.
Join our signals here:
https://bonus.bitget.com/HRTX75
Write @alchemysupportone to get access to our group; once you deposited to trade o bitget.
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Take a look at this diagram.
You see how the 2021 stimulus created massive consumer spending incentives. Up to a 34.5% increase.
A lot of the stimulus checks did flow into stocks and crypto.
Now we are in another paradigm. Since October 2022, numbers have decreased, and spending is decreasing.
Once this is reflected in official data, we get an “official” recession. We are already in a recession; it’s just not called out yet.
You see how the 2021 stimulus created massive consumer spending incentives. Up to a 34.5% increase.
A lot of the stimulus checks did flow into stocks and crypto.
Now we are in another paradigm. Since October 2022, numbers have decreased, and spending is decreasing.
Once this is reflected in official data, we get an “official” recession. We are already in a recession; it’s just not called out yet.
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U.S. CPI just came in:
Forecast:
CPI y/y: 3.6%
CPI m/m: 0.3%
Core CPI y/y: 4.1%
Core CPI m/m: 0.3%
Actual:
CPI y/y: 3.7%
CPI m/m: 0.4%
Core y/y: 4.1%
Core m/m: 0.3%
Forecast:
CPI y/y: 3.6%
CPI m/m: 0.3%
Core CPI y/y: 4.1%
Core CPI m/m: 0.3%
Actual:
CPI m/m: 0.4%
Core y/y: 4.1%
Core m/m: 0.3%
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With Core CPI being at expectations we should see a bullish continuation in traditional stocks for now.
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Forwarded from ElevateEquity Trading®
SEC has decided to accept and to move forward grayscale spot bitcoin etf.
Doesn’t mean it’s accepted
Still Bullish news
Doesn’t mean it’s accepted
Still Bullish news
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