CRYPTO 4 LIGHT
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๐Ÿ’Ž Crypto4light official links - https://t.me/crypto4light/3197
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๐Ÿ˜คGlassnode: November 2022 - the month will go down in history, for sure! Record withdrawal of BTC from centralized crypto exchanges, amid the collapse of FTX.
๐Ÿ“ˆ- But most in drawdown
๐Ÿ‘จโ€โš–๏ธ- FTX court today
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Cmon. Whats going on with all this CEX. Why they have a billions and always have a same problems. ๐Ÿคฆโ€โ™‚๏ธ Maybe enough.

๐Ÿคฌโ—๏ธCZ Binance (just "hints") So, Coinbase Custody holds 635,000 BTC for Grayscale, referring to Yahoo 4 months ago, Coinbase had less than 600,000 BTC, referring to Bitcoinist Just stating "informational messages", without making any claims. Glassnode probably has more recent data. Earlier: Coinbase bankruptcy (maybe?)
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Looks like CZ play a big fud boss ๐Ÿ˜ค๐Ÿคฆโ€โ™‚๏ธ
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Tomorrow Black Fridayโ€ฆdo you think we will see another drop, like always this whales like to do on some symbolic dates? ๐Ÿ”ฎ
Anonymous Poll
46%
Yes 14900 for sure
14%
No we will bounce 20000
11%
I donโ€™t care im all in crypto now
29%
Im waiting lower price
๐Ÿ“‰This year, the number of closed brokerage accounts exceeded the open ones - People are leaving the stock market and are actively looking for other investment options.

Maybe Crypto? ๐Ÿค”๐Ÿ˜
๐ŸšจAre you ready for this Shiba trade?

https://youtu.be/m-IP9iXloQo

๐Ÿ”ฅCrypto4light Indicators Set for 1$ a day - CLICK โฌ…๏ธ

๐Ÿ“ฅDm me and get all Indicators set - https://t.me/vladi4light #shib
๐Ÿ”ฅ2
๐ŸšจJust a potential scalp for Klay/Usdt
Possible Targets and explanation idea
โžก๏ธThis local trade for next few days not middle term
โžก๏ธGot confirmation on 4H signal to buy on "Direction" indicator.
โžก๏ธTake profit signal by "Trade On" and 2 new scalp signals to sell.
โžก๏ธPossible target 0.1644 to open long with stop loss 0.1594 (3%)
โžก๏ธ37% profit and close position at sellers zone 0.2254$

๐Ÿ”ฅCrypto4light Indicators Set for 1$ a day - CLICK โฌ…๏ธ

๐Ÿ“ฅDm me and get all Indicators set - https://t.me/vladi4light #klay
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CZ and his tweets around bottom) ๐Ÿง๐Ÿ’ญ
Markets remain bearish neutral on higher timeframes. In previous bear markets, it took about 11 months (330 days) for BTC to find a bottom once the RSI bottomed out. Now we are about 270 days. The 330 days will be on January 23rd, but given macroeconomic data, there is speculation that there will be a longer bear market than in the past.

Note that this is a monthly chart and higher time frame tracking. On lower timeframes, like weekly...we probably have a chance of getting another swing low and a potential average rally at the end of the year or in the first quarter. Depends on the upcoming actions of the FOMC and the ECB at the end of the year.๐Ÿง #btc
This week we will see
Anonymous Poll
69%
Bull trap ๐Ÿ‚
31%
Bear trap ๐Ÿป
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๐Ÿ”ฅinteresting article๐Ÿ”ฅ
With the bankruptcy of FTX, everything is already more or less clear. But there is another mystery in this story, and that is the FTT exchange token. Even though only 2 companies own 73% of the FTX token supply, the price of FTT still holds above $1.

While most cryptocurrencies have fallen heavily in price over the past few weeks, and Bitcoin is down 18.2% in 30 days, the FTT token is still trading above the US dollar per unit.

What's more, the unknown owner, dubbed "FTX Accounts Drainer", still owns the second largest FTT wallet with 45.85 million tokens worth $61.44 million.

It has been more than two weeks since FTX filed for Chapter 11 bankruptcy protection, and on that day, FTT was still trading at $3.46. 16 days later, the FTT price consolidated, and over the past 24 hours, FTT traded at prices ranging from $1.29 to $1.39 per unit.

In fact, FTT has remained above one US dollar since November 12, 2022, and it still has not broken the low that was recorded in September 2019, when FTT traded at $1.15 per unit.

Today, the global trading volume of the exchange token, backed by a bankrupt business, is about $3.96 million. This week, FTT hit a high of $1.53 and a seven-day low of about $1.23.

Since its inception, FTT (ERC20 token) has made 411,970 transfers, according to etherscan.io. As of November 27, approximately 24,874 wallets hold FTT, but the largest wallet holds 195,869,338 FTT or 59.55% of the total supply.

The second largest FTT holder is the same person as the hacker "FTX Accounts Drainer" and owns 45.85 million FTT tokens worth $61.44 million. Bitdao currently holds 3,362,316 FTT and Wormhole holds approximately 2 818 904 FTT.
That is, the largest and second largest FTT address owns more than 73% of all tokens. Approximately $7.69 million worth of FTT transactions have been made in the last seven days. Prior to the collapse of FTX and filing for bankruptcy, Alameda Research is known to have owned one of the largest volumes of FTT.

Meanwhile, former Alameda CEO Caroline Ellison has reportedly left Hong Kong to flee to Dubai.

Thus, Sam Bankman-Fried openly lives in a penthouse in the Bahamas, and before the collapse of the exchange, it was he who disposed of the largest FTT wallet, but not only was this wallet not seized, but it even sends FTT transfers to the Bitfinex exchange, in the amount of several million dollars a week.

But that's not the strangest thing either. The so-called hacker, who allegedly hacked into the exchange after the payments stopped and withdrew hundreds of millions of USDT, quietly continues to drain from the second largest FTT wallet for a decent amount every week, apparently for his life.

And this is happening under the noses of law enforcement agencies and regulators.

But what is completely inexplicable is that the token of the collapsed exchange is trading quite well and does not want to fall below $1. Either fans who believe in the genius of SBF believe in the resurrection of the exchange, or trading in a dead candy wrapper is supported by a number of exchange platforms that do not want to delist it for some reason.

Exchanges that support FTT trading include Binance, TokoCrypto, MEXS Global, Bitget, Bitfinex. Most likely, the story with FTX has not yet been exhausted and soon we can find out many more interesting details.

Just today it became known that the hacker who attacked FTX transferred at least 255 BTC (~$4.2 million at the current rate) to the OKX exchange. The whole crypt is a big friendly family and one close company. ๐Ÿง
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๐Ÿ”ฅDYDX moves perfectly by my scenario since last video and find a rejection exactly at 1.82. (check on YT)

Here what we can expect next.

Possible Targets and explanation idea
โžก๏ธLocal fib since top Higher High and double bottom on Weekly timeframe
โžก๏ธCorrection to 0.78 level (there under this level people add stop losses) 1.60$ there we got signal to buy on TradeOn indicator
โžก๏ธWe can keep this impulse and test 0.38 lvl to 2.12$ and trade in upper part of downside channel
โžก๏ธThan we can grab liquidity at 0.86 lvl and bounced from this level around 7-10 December before FED decision
โžก๏ธOr earlier going out of channel after break out 0.5 lvl
โžก๏ธMiddle term target 5-6$ for DYDX still relevant
#dydx

๐Ÿ”ฅCrypto4light Indicators Set for 1$ a day - CLICK โฌ…๏ธ

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Miners sell their bitcoins โšช๏ธ

โ€œCurrent market conditions have led to the third largest sale of assets by bitcoin miners,โ€ the founder of Capriole Investments shared his observations.

There have already been two similar surrenders in 2011 and 2015.

The approximate cost of mining can be tracked using the Bitcoin Production Cost indicator. #btc
#BTC โœ…

The two-month Heikin Ashi chart shows a reversal pattern.

BTC formed a bottom on the 6th candle in a long row of consecutive red candles.
๐Ÿ”ฅ10 Altcoins โ€œbuy lineโ€ and โ€œtake profit lineโ€ watch to know the levels. Use timecodes on video to watch your fav alt

https://youtu.be/M2IJnSBSPgc

๐Ÿ”ฅCrypto4light Indicators Set for 1$ a day - CLICK โฌ…๏ธ

๐Ÿ“ฅDm me and get all Indicators set - https://t.me/vladi4light
New year in 28 days๐Ÿ”ฅ #Bitcoin

Here are the prices on December 31 in previous years, what do you think the price will be this year?
๐Ÿ“•Miners capitulation

Faced with the current price of Bitcoin and the high cost of mining in a number of countries. Miners are forced to sell their positions.

By analyzing the short-term inflows and outflows of Miners wallets, high outflows can be identified, which can cause the price to drop or increase volatility.

The MPI indicator (miner position index) shows that a high value means miners are sending more coins than usual as it measures miner churn (in USD) compared to a 1-year moving average of churn. ๐Ÿง

In general its good cuz when miners capitulate its mean the bottom confirmed 100%. But locally it means one more or few dumps..
๐Ÿค”BTC - Hash Ribbon model fails for the first time

For the first time since the golden cross of the Hash Ribbon pattern, a dead cross has appeared without an increase in the price of bitcoin.

Due to a bank run on the FTX exchange, the price of bitcoin dropped to around $16,000, and as a result, the hash rate at F2Pool, the world's third largest mining pool, has dropped significantly.

In particular, it is highly likely that many mining machines that generate $0.06 per kWh of electricity have stopped mining. The current bear market is likely to cause more pain than in the past.

However, the bottom is likely to be closer as miners, whales and institutions capitulate. Buying separately in the long run may be a good answer. ๐Ÿ˜ณ #btc
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