📊 BTC Update

Bitcoin has printed bearish pennant on 4hr time frame. Expect sideways move for 1-2 days before any of these scenarios play out.

- Major Possibility of dump from here to $17k support area in upcoming week. (holding shorts)

- But if bitcoin pumps to $20800 resistance then it will be another good shorting opportunity so we are DCAing short position till $20800.

📊 CelsiusNetwork lowering their liquidation price so $11,864 with an additional $6.29M Dai paid.

🚨 BREAKING: Coinbase backed Yeild platform & centralised exchange "Vauld" stopped withdrawl and freezed users funds! Because they are facing financial problems.

@CryptoNews_HQ | link

🚨 BIG NEWS 🗞️ #Celsius continues to paid down their #BTC  vault (loan).

After another $50 million repayment, their new liquidation price is $8,840!

⚡️ Celsius Network have lowered Their liquidation price to $4,967.

https://oasis.app/25977#Overview

📊 BTC Update

As expected rejected from $20,500 Level 📉📉

Binance Futures, ByBit USDT
#ETH/USDT Take-Profit target 1 ✅
Profit: 50.0% 📈
Period: 5 Hours 1 Minutes ⏰

📰 JUST IN: ⚡Nexo Might Acquire Distressed Crypto Lender Vauld

@CryptoNews_HQ | link

⚡️ Celsius Network have lowered Their liquidation price to $2,722.

https://oasis.app/25977#Overview

🚨 Breaking News

#Voyager just filed for bankruptcy!

@CryptoNews_HQ | link

🚨 MtGox started repayment process of stolen 150,000 BTC

Remember when #LUNA sold 80k BTC, it crashed 36%.

Now when 150k #BTC  will be sold at 21k price just imagine.

150k BTC was bought at 320$/btc in 2014. Even now users are at 63 times profit.

Source : bit.ly/3PfYOWt

📊 BTC Update

We were expecting rejection from $21k area but bitcoin extended to $22.5k.

Mid term bearish move to $17k target is still intact.

Current resistance area : $23k - $24k.

📊 BTC Bottom

It is not a rocket science, Bitcoin drops -85% every bear market followed by huge bullrun.

So 85% drop from ATH and based our previous analysis bitcoin must retest $9k - $11k.

High chances of bottom in Aug-Sept because of the MTGOX repayment of 150k bitcoins.

📊 BTC Biggest 1 hr green candle in entire 2022 but not much price impact.

Big fight between whales 🐳

Total volume of 73,000 #BTC In one hour!!

FTX founder Sam pointing out to fake volume generated on Binance exchange today.

https://twitter.com/sbf_ftx/status/1545461668607672321

📉 Total $ETH deposited in the 2.0 contract has now surpassed 13M $ETH, which is 10.9% of circulating supply.

@CryptoNews_HQ

ByBit USDT, Binance Futures
#BTC/USDT Take-Profit target 1 ✅
Profit: 49.1276% 📈
Period: 2 Days 9 Hours 20 Minutes ⏰

📊 BTC Bollinger Bands are tightening and it looks the same as last time.

Bitcoin needs to close daily candle above $22.5k to maintain bullish momentum or else be ready for dump to $17k target. (Holding shorts from 22k)

Short term : CME Closed at 21.7k on friday bitcoin might pump to this level or whales gonna trap traders those who are targeting the CME Gap.

1 Day closing above 22.5k is important.

🚀 The US Dollar Index $DXY Hit 108, A New High Since October 2002.

Due to strong dollar, More and more people are fleeing from stocks, metals and crypto into #Dollar.

Dollar Up ⬆️ Everything else (Stocks, Crypto, Metals) Down ⬇️

📊 ADA / ALTS Update

Many altcoins have formed descending triangle pattern on 4hr chart.

If bitcoin close below $20k then expect these alts to drop 15% - 30% in a short time.