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CryptoBullet
#BTC 4h update Nice πŸ‘Œ
#BTC 4h update

So here we are - testing the 0.618-0.786 Fib Support again πŸ˜΅β€πŸ’«

Obviously, this dump was caused by the Bybit hack news. Imo it's an overreaction.
πŸ‘‰ Bybit is solvent. All of clients assets are 1 to 1 backed, they have $16B in reserves. Bybit can cover the loss.
I fully trust Bybit, they’ll handle it.

Let's see if bulls defend this Support again
More FUD - more blood

Today S&P500 took a hit as well. And it's definitely not because of the Bybit hack πŸ˜…

I hope it's nothing serious
$SEI vs $SOL 2020 Fractal 🧐
⚑️ Bybit has fully recovered the $1.4B in $ETH stolen days ago!

Bybit has already fully closed the $ETH gap, new audited POR report updated and shows that Bybit is again Back to 100% 1:1 on client assets through merkle tree.

Deposits & withdrawals on Bybit have fully recovered to normal levels, as confirmed by on-chain data.

The dust has settled and confidence is slowly being restored after a great display of crisis management from Bybit team πŸ‘

It was the biggest hack and they handled it really well. No users were affected! Incredible
#BTC 1D Bollinger Bands were this tight only in January 2023 & August 2023 πŸ‘€

🚨 Something big is coming
CryptoBullet
#BTC 1D Bollinger Bands were this tight only in January 2023 & August 2023 πŸ‘€ 🚨 Something big is coming
#BTC 1D chart

Volatility is definitely coming but we don’t know if it’s gonna be bullish or bearish.

πŸ“ Critical Level - $91k

Bullish bias as long as we hold above it.
If we go below $91k, that will activate my Double Top scenario πŸ“‰
CryptoBullet
#BTC 4h update Bulls are defending the Support
#BTC 4h update

Second attempt to break the 0.786 Fib πŸ“‰
This looks bad.

Let's see if bulls step in and defend the support again
CryptoBullet
#BTC 1D chart Volatility is definitely coming but we don’t know if it’s gonna be bullish or bearish. πŸ“ Critical Level - $91k Bullish bias as long as we hold above it. If we go below $91k, that will activate my Double Top scenario πŸ“‰
#BTC 1D update

Clear triangle breakdown, critical level breached

Most likely we go straight to $80-85k (the EMA200+MA200 pocket) and find support there, unless we suddenly get a crazy bullish engulfing right now out of nowhere πŸ€·β€β™‚οΈ
$BTC: printed a Lower Low, sentiment is extremely bearish.

$SEI: nothing really happened. Just printed a Higher Low πŸ€·β€β™‚οΈ

That’s probably a sign πŸ€”
$SUI also looks great on the daily

Partially filled the Feb 3 wick, printed a Higher Low and more importantly held the 200-Day MA!

A little more consolidation between $2.5-3.5 and then full send again πŸš€
$ADA correction looks complete βœ…

Now send it to $1.8
CryptoBullet
#BTC 1D update Clear triangle breakdown, critical level breached Most likely we go straight to $80-85k (the EMA200+MA200 pocket) and find support there, unless we suddenly get a crazy bullish engulfing right now out of nowhere πŸ€·β€β™‚οΈ
#BTC 1D update

So, the price reached my minimum target for this drop - $85k (EMA200) βœ…
The pocket between EMA200 & MA2000 is where it may end.

We don't necessarily have to fill the CME gap right now
CryptoBullet
⚑️ Bybit has fully recovered the $1.4B in $ETH stolen days ago! Bybit has already fully closed the $ETH gap, new audited POR report updated and shows that Bybit is again Back to 100% 1:1 on client assets through merkle tree. Deposits & withdrawals on Bybit…
The hack wasn't even really Bybit's fault

Bybit just released their audit report

It says that the compromise was NOT on Bybit infrastructure. The attack happened due to a malicious code originating from Safe Wallet.

Lazarus compromised Safe's AWS infrastructure to deploy a targeted javascript payload specifically for the Bybit multisig/next transaction

This is insane