#ChineseStocksCrackdown 🇹🇷

these Chinese stocks were worth $207 billion yesterday, and $126 billion today.

epic unwind 📉

Investors are selling chinese stocks due to recent crackdown by Chinese gov, just a matter of time before it spills over into the US 🇺🇸 market.

Downturn of Chinese stock market is not affecting Bitcoin much but let's see how US market affect bitcoin when US stocks downward movement starts.

Few hints incidates Crypto Regulation is coming:

- Binance withdrawal changes.

- Exchanges crank DOWN leverage.

- “Decentralized” exchange starts delisting assets.

- Regulatory announcement on the 28th.

Elizabeth Warren Gives SEC July 28 Deadline to Figure Out Crypto Regulation

https://www.nasdaq.com/articles/elizabeth-warren-gives-sec-july-28-deadline-to-figure-out-crypto-regulation-2021-07-08

Binance’s CZ Is Looking for His Replacement as Exchange Gets Regulatory House in Order

“We are looking for someone with a strong regulatory background to step in and be CEO,” Changpeng Zhao said at a press conference Tuesday.

https://www.coindesk.com/binances-cz-is-looking-for-his-replacement-as-exchange-gets-regulatory-house-in-order

#BTC Golden Cross 🚀 (Road to $300k)

Golden Cross is crossover of the 200-day average by the 50-day average. A golden cross suggests a long-term bull market going forward,

In 2020 Bitcoin printed golden cross on daily chart as result within 1 year bitcoin reached $64k from $8k that's 800% of growth.

If bitcoin manage to print golden crossover again and hold above it then Bitcoin will reach $300k from $40k level by end of 2022.

A short term target would be $100k by end of 2021 or march 2022.

Major Cryptocurrency Exchange Binance Says It Will Wind down Its Futures and Derivatives Products Offerings Across Europe.

#BTC Update

Bitcoin reached an important resistance level of $42k if the weekly candle manage to hold above $42k then we are all set to hit $48k - $56k.

Weekly closing above $42k increases the chances of golden crossover in other words it resumes the Bullrun.

Due to 10 Consecutive green candles short term we might get a chance to see a retest near $37k level.

#BTC is just 50% away from All time high.

#LTC & #BCH has better opportunity for growth because both are away 200% - 250% from All time high.

Adding some LTC between $140 - $120 and BCH $540 - $500 in portfolio.

#LINA / USDT Ready to breakout the double bottom pattern 🚀🚀

#Bitcoin is in mood to retest $40k trendline support.

🇮🇳 PM Modi to launch digital payment solution e-RUPI tomorrow

https://twitter.com/narendramodi/status/1421806039209414656?s=20

As expected #BTC reached $40k support level.

Bitcoin should hold $38k or else bitcoin will hit $34k.

#BTC Update

Our predication is still same since last few months. #Bitcoin needs to close above $42k on weekly chart in order to resume the bullrun.

Messi dropping his first NFT #ERN

https://www.instagram.com/p/CSKB09IjJ_s/

3 Hours to go for ETH LONDON HARDFORK!

➡️ SHORT ETHUSDT | Binance

❇️ Entry: 2670.00000000

☑️ Target 1: 2536.50000000

☑️ Target 2: 2403.00000000

☑️ Target 3: 2269.50000000

⛔ Stoploss: 2803.50000000

💫 Leverage : 10x

Binance Futures
#BTC/USDT Take-Profit target 1 ✅
Profit: 50.6422% 📈
Period: 21 Hours 10 Minutes ⏰

Binance Futures
#ETH/USDT Take-Profit target 1 ✅
Profit: 50.0% 📈
Period: 6 Hours 2 Minutes ⏰

#BTC Update

The Bitcoin has printed Head and Shoulder pattern.

If it fails to hold it then Bitcoin will reach next support level $35k - $33k.

#EIP1559 has only been live a few minutes and already 185 #eth with a valuation of close to 500 thousand dollars has been burnt.

Highly-anticipated London upgrade introduced a token burn mechanism on Ethereum (ETH), the network is already burning 3.68 ETH ($10,295) every minute on average.

https://decrypt.co/77773/ethereum-is-burning-10000-every-minute-after-eip-1559-upgrade

#BTC If weekly candle manage to hold above $42k then Bullmarket will resume in full swing with no major resistance till $58k.