Coin Signals
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CoinSignals is a group of expert traders and analysts.

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πŸ’° Bitcoin is gearing up for a major move πŸš€

All we need a weekly candle closing above/ below these level for confirmation.

- Closing above $27.5k => 20% Pump πŸ“ˆ

- Closing below $25k => 20% Dump πŸ“‰

Based on my analysis, I am expecting a weekly candle closing below $25k.
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🚨🚨🚨JUST IN: FTX receives court approval to liquidate $3.4 billion in crypto assets

β€’ Solana $1.16 Billion
β€’ Bitcoin $560 Million
β€’ Ethereum $192 Million
β€’ XRP $120 Million
β€’ STG $46 Million
β€’ APT $137 Million
β€’ BIT $49 Million
β€’ WBTC
β€’ WETH
β€’ USDT
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Coin Signals
🚨🚨🚨JUST IN: FTX receives court approval to liquidate $3.4 billion in crypto assets β€’ Solana $1.16 Billion β€’ Bitcoin $560 Million β€’ Ethereum $192 Million β€’ XRP $120 Million β€’ STG $46 Million β€’ APT $137 Million β€’ BIT $49 Million β€’ WBTC β€’ WETH ‒…
- FTX estate can sell up to $100M USD worth of tokens per week and that can be increased up to $200M/week.

- Selling tokens (on the open market) must respect any associated vesting/unlock schedule β€”> FTX can still do an OTC deal but the buyer must then abide by the relevant schedule.

For example the majority of FTX sol holdings won’t be available to sell on the open market until 2025.

Wont suprise to see some "SOL Price Manipulation".
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Coin Signals
πŸ’° Bitcoin is nearing a "death cross" on its daily chart. Which historically indicates a potential price drop. Past data of 9 death crosses, the average decline has been about -50%, with only one instance of a rebound before a drop.
πŸ’° BTC Death Cross has been confiremd.

You know what's next!!!

Mini Pump and then πŸ“‰πŸ“‰πŸ“‰
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πŸ’° Binance has launched opBNB Today :

TPS : 4000 +
Block Time : 1 Sec
Tx Fees : $0.005
BNB Active Users : 1 Million

opBNB is layer 2 solution for BNB chain built on Optimism OP Stack.

I am bullish on opBNB, It's One of the Fastest and Cheapest L2 in the Crypto Space.
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Forwarded from Crypto News
🟣 Polygon releases proposals on 2.0 upgrade and POL token migration

@News_Crypto | link
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Coin Signals
πŸ’° Bitcoin has made its move as predicted, and up little extra! πŸ“‰ Key Resistance Levels: $26.8k - $27k πŸ“ˆ Solid Support: $25k Yesterday, we cashed in on 50% of our short positions and holding some highcap trades from higher levels. Now, we're patiently waiting…
πŸ’° Bitcoin has been rejected twice exactly from our mentioned reisitance zone $26.8k - $27k.

Bitcoin might tease us by briefly spiking above $27k, but to truly turn bullish, it needs daily candle to close above $27.5k πŸ“ˆ

Currently Bitcoin's bearish vibe persists with the looming death cross and repeated failures to breach the crucial $27k resistance. πŸ“‰

Shorts are active from $26.5k.
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πŸ’° Bitcoin hasn't dipped below the $24k mark since past 7 Months.

The Heatmap is picturing the potential cascade of position liquidations if it heads down below 24k πŸ“‰

No doubt Exchanges and market makers are eyeing to clean up those positions. πŸ’₯
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πŸ“Š **Massive Week Ahead** πŸš€

-Monday πŸ“†:

⭐️ SEC vs Binance Designated Court Hearing πŸ›οΈ

-Wednesday πŸ“†:

⭐️ FOMC Interest Rate Decision πŸ“ˆ (14:00 EST)

⭐️ FOMC Press Conference πŸŽ™οΈ Powell Speech (14:30 EST)

-Friday πŸ“†:

⭐️ SEC vs Binance Documents Unsealed πŸ“œπŸ’Ό

Get ready for a week filled with big events!
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JUST IN: πŸ‡ΊπŸ‡Έ SEC asks court to order an inspection into Binance US.
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πŸ’° A significant no of positions above the $27,000 mark has just been cleared out.

The next hot spot for liquidations is at $25,700 πŸ“‰
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🏦 Fed Likely to Keep Rates Elevated πŸ“ˆ Through 2024, Says #BlackRock.

FOMC Interest Rate Decision tomorrow at (14:00 EST)
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FOMC rate hike is tomorrow. What will the Fed do?
Anonymous Poll
40%
Cut πŸ“‰
60%
Hike πŸ“ˆ
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πŸ’° The FOMC meeting is in next 9 hours ⏰

Bitcoin is chilling out around the $27,000 mark, waiting for FOMC's interest rate decisions before making its move πŸ’«

There will be volatility or manipulation in the market pre/post FOMC meeting.
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πŸ“ˆ Bybit has listed the #PYUSD launched by PayPal in the spot trading.

Earlier, Coinbase Kraken Gate Cryptocom Huobi and others listed PYUSD.
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πŸ“Š FOMC meeting is in next 1 hour πŸ‘€πŸ‘€
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🚨Breaking: The Federal Reserve skips a rate hike and maintains the Fed Funds rate at 5.50%.
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πŸš€ Mt Gox trustee moved the repayment deadline from October 31, 2023 to October 31, 2024.

Mt Gox holds 142,000 #BTC and some altcoins.
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Forwarded from Crypto News
πŸ”» Optimism is selling 116 million $OP tokens currently worth around $162.4 million in a private sale.

@News_Crypto | link
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