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

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💰 Bitcoin hashrate is still almost at all-time-high levels:

Many ways this can end up badly for the poorly isolated #BTC miners and the market.

In 2018 cycle, BTC hashrate continued to climb as price hit the $6k floor and the ultimate miner capitulation came for BTC at $3k.
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📊 SPX will open in next 55 mins. And it will show us the market direction for stocks and crypto.

This Crypto pump could be the exit pump!
📉📉
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Fin Watch
⚡️ After the risk of #FTX liquidity issues spread, exchanges that announced that they would be issuing proof of reserves: #OKX #Binance #KuCoin #BitMEX #Gate #Polonix #Huobi #Deribit #Bybit #Deepcoin #Bitget @Fin_Watch
📊 CoinMarketCap released a new exchange reserve dashboard feature💰

Exchanges that proved their solvency:

Binance
Kucoin
Bitfinex
OKX
Bybit
Crypto .com
Huobi
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📊 BTC and SPX both reached to the heavy resistance area.

BTC 16500 and SPX 4010, Expect reversal from these levels 📉📉
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🚨🚨🚨 CZ implying Coinbase custody does NOT hold 1 to 1 BTC on behalf of Grayscale Trust.

💰 Cz wants to uncover next Ftx??
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Coin Signals
🚨🚨🚨 CZ implying Coinbase custody does NOT hold 1 to 1 BTC on behalf of Grayscale Trust. 💰 Cz wants to uncover next Ftx??
👨‍💻 Cz Deleted the tweet!

Cz knows something.. Or just trolling Competitors?
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📊 Bottom is in for some Coins!

Litecoin, Matic and few other alitcoins are looking like they have bottomed out and found support.

They will enter a bull cycle while the top coins 💰 Ethereum and 💰 Bitcoin remain under selling pressure.
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💰 Reasons for Litecoin pump :

Lack of Liquidity
: 60 Millions Litecoins are in cold wallet since year. Which accounts for 84% of total supply.

Not a Security rumors : In Upcoming Crypto bill, Litecoin potential not being a security alongside Bitcoin. LTC passes the Howie test.
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🥇 CME vs BTC Huge Price Difference.

Bitcoin is currently trading at $16.5k, while CME is trading at $16k.

Either CME will pump to $16.5k to fill the CME Gap or IT will drag bitcoin down to $16k.
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Forwarded from Crypto News
💰 The next $BTC halving is projected to occur on April 20, 2024: Pantera Capital

If history were to repeat itself, the next halving would see bitcoin rising to $36k before the halving and $149k after.

@Crypto_Cue
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📊 Bitcoin Update

We have short positions from multiple higher levels. We will close out all of our SHORT positions and switch to LONG positions if the daily candle closes above the $17.2k the ultimate resistance level.

Holding shorts for now from higher levels.

Key Resistance for Bitcoin : $16,500 & $17,200.

There is FOMC Meeting Minutes tomorrow. JPowell reiterates that we 'still have a long way to curb inflation'. So We might dump tomorrow.

So $17.2k and the FOMC meeting are two crucial events to keep an eye on.
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🚨🚨 FOMC minutes will be release today at 14:00 ET

Announcement is in next 9 hours from now.

Expect volatility on both sides during that time
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💰 136,992 #bitcoin have been withdrawn from global exchanges over the last 30-days.

Historic!
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🚨 7-year-old wallet moved 10,000 $BTC today.

It's the BTC-e exchange wallet related to the 2014 Mt. Gox hack.
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Coin Signals
🚨🚨 FOMC minutes will be release today at 14:00 ET Announcement is in next 9 hours from now. Expect volatility on both sides during that time
📣 #FOMC members said that the #Fed will soon slow down the rate of #US interest rate increase.

However, they also said the Fed's closing rate will be higher than previously expected.

Expect worst 📉 before it’s get better 📈

FOMC Meeting is more important than FOMC Minutes Show

Major announcement in FOMC meeting on Dec 13-14.
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Coin Signals
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🚨 BTC Black Friday sale tomorrow, BTC dumps during black Friday till coming Monday.

📉 2021 -10.16%
📉 2020 -16.66%
📉 2019 -20.44%

will Bitcoin 💰 repeat same this time ??
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Coin Signals
📊 New SWING Short Positions! We already short on #BTC from $21.2k and #ETH from $1580. 💰 Short BTC $18200 - $19200 Target $14000 SL 20800 💰 Short ETH $1300 - $1400 Target $900 SL 1551 These are SWING Trade, Take both entries with proper lev.
📊 New SWING Shorts

💰 BTC Short :

Entry : 16.6k - 17.2k
Tp : 15k - 13k
SL : 18k

💰 ETH Short :

Entry : 1200 - 1300
Tp : 900 - 700
Sl : 1369

Take both entries with low leverage.
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💰 Vitalik Buterin transferred out 40,000 ETH ~ $48M.

Last time #ETH dropped from $2k to $1k after his transfer.
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💰 ZEC/USDT $36 is magnet.

Swing Target : $36 - $30
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