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

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📊 Terra #LUNA has lost -55% 📉 in last 24hrs.

What happens if #LUNA #UST triggers government to take hard actions against stablecoin.
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Coin Signals
📊 BTC Update $30k BTC is still possible folks. Based on our analysis A catastrophic news and low vol will crash the market before end of the may. Before crash we might see short term bullish price action. Holding short from $47k.
📊 BTC Update

When bitcoin was trading at $47k We clearly mentioned half dozen times that bitcoin is going to hit $30k by May and...

$30k Target Achieved

Now I see a short-term recovery to $36k - $38k before crashing down to $25k.
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🔴 Coinbase : In the event of a bankruptcy..... customers could be treated as our general unsecured creditors.

https://twitter.com/CoinSignals_/status/1524285696055283713
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📊 LUNA Weekly LOG Chart

$LUNA is fully collapsing.

First support is at $4 and next support is at $1.
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📊 BTC quickly Crashed by -5% and other top altcoins are down 50-70% in last 24hrs.
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🚨 BREAKING: "Stablecoin" Tether $USDT is down 3% to $0.97, the lowest it's been in 2 years.
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$LUNA Supply: 377M to 1.461B overnight.
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🚨 BREAKING: Binance has delisted $LUNA.

https://twitter.com/binance/status/1524912364616699904
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📊 BTC Update

The 200 weekly MA has served as the “bottom” in every market cycle since Bitcoin has been able to be tracked by it.

- Aug 2015
- Dec 2017
- Mar 2020 (COVID Crash)

Due to the current FUD, we can see more selloff and expect bitcoin to hit the 200 weekly MA level which is at $21000.

There is no major support area between $28k - $14k as shown in the chart. Also, there is a major CME Gap at $24k so I am expecting Bitcoin to crash to these levels.

Considering the above info I see bitcoin near $20k by June end.

Be ready to buy bitcoin between $20k - $14k
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🚨 SEC opens investigation into Terra

The Securities and Exchange Commission (SEC) is apparently already investigating Terraform Labs, The Block reports. There has been no official statement from the SEC itself.
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📊 BTC Update

No sign of reversal on any time frame and no volume near $30k support area. (Expect more sideways days near $30k)

If bitcoin close daily candle above $31500 then we can expect $35k.

If bitcoin fails to do so then this consolidation will result into downtrend continuation.
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📰 JUST IN: Ethereum core developer says the merge to proof of stake might happen as early as August.
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too much #BTC inflow to exchanges.
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