[Forwarded from Crypto Classics (VIP)]
📍Current BTC update:📍

Only after the end of the American stock market trading session can concrete conclusions be drawn. It was, perhaps, a historic day in the financial markets. So much the American indices in one day have not fallen since 2008. And oil, which at the moment was -30% of Friday's closing prices, set a record from the 70s of the last century.

How it affected the cryptocurrency markeе? Yes, it’s completely negative, which gives more and more confidence that the cryptocurrency market is no longer a safe haven. Moreover, crypto assets fell synchronously with traditional markets, which tells us that now, if a full-blown crisis sets in, cryptocurrency will also become cheaper in price. Since this is a high-risk asset, it is even more than traditional markets. What we noticed is complete synchronization.

We have already said that these are all institutional investors who also rule the world markets. We do not think this is bad, because the better the market is predicted, the easier it is to make money on it. In the meantime, the cryptocurrency market is quite predictable.

✅ Bitcoin: For a few days, the price literally fell by $ 1,500. In the next big review, we will focus more on reasons. This is a fast and powerful movement. It's time to take a break. The price stopped at a fairly strong support level of $ 7,900.

By the way, this level is the key in the previous strong accumulation zone, after which Bitcoin began to grow to the level of $ 10,400. Let's see how the price will behave, but we are already seeing a slowdown, which may be a short-term buy signal. We give more detailed recommendations, as always in our VIP channel

✅ Altcoins: The top 5 in altcoin capitalization repeated the movement of bitcoin. We gave a sell signal, which brought a big profit. This is rare. However, most of the remaining altcoins fell even more strongly against dollars. But some, in relation to bitcoin, have even grown. We will periodically give recommendations on the purchase of such altcoins. Currently the situation is stable.

The dominance of bitcoin has not changed much from the last review and is at around 63.8%. After such a fall in the market and the lack of the flow of capital from altcoins to bitcoin, it speaks of a balance in the cryptocurrency market. We can say that we have reached equilibrium. It seems to us that investors still do not know where it is better to transfer capital, as future events in world markets can greatly shake the balance of world assets and create certain financial flows.

In other words, there will be a redistribution of capital. It is possible that the cryptocurrency market will also receive its share, which will become a catalyst for growth. But so far, the events that have occurred give us reason to think that prices can fall on all assets in the world, even cryptocurrencies. This is in the long term. Well, in the short term we can grow a little. Follow our trading recommendations. Take care!

😰Market is very stressful right now, that's why we see a boom of new subscribers that want to save their capital. Don’t wait until you lose more. Subscribe to our VIP channel 👇👇👇
@damian_classics.

💥 Platinum sibnoscription💥
available only for 24 hours from now, join Crypto Classics and get 25% discount with the CC25 code on all pack including the Diamond (Gold and Platinum).
👉 @damian_classics

Futures have updated their recent lows. USA closes borders for Europe.
At this moment:
S & P-4.0%
NASDAQ -4.0%
Crude Oil WTI -4.8%
Gold -0.6%
BTCUSD -5.5%
US 10y Bonds + 0.4%
VIX + 10.5%
BTCUSD -5.5%
The border will be closed to everyone who visited any Schengen countries in the previous two weeks: Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Holland, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden and Switzerland.
An exception is made for the UK and its own citizens arriving from these countries.
Restrictions begin to apply at midnight on Friday (the time zone is not specified) and will last a month.
Closing the border may provoke a chain reaction in the markets when one problem will provoke a number of others and negatively affect an increasing number of sectors. As a result, all sectors of the economy will suffer, some more, some less. The consequence of this may be:
- violations of the commodity-money exchange, disruption of commercial contracts, business panic (refusal to conclude new transactions);
- production and intersectoral collapse due to cascading disruption of supplies, contracts;
- delays in rent, wages.
And as a final result - a lot of bankruptcies of small and medium-sized companies, limited in financing or overloaded with debts.
In the near future, central banks will have to continue to increase the volume of incentive measures, voicing the most significant financial injections since 2008. The Fed will be among the first and it is unlikely that they will wait until the regular meeting to be held on March 17-18.

[In reply to Crypto Classics (VIP)]
Binance US, Coinbase Pro
#BTC/USD Take-Profit target 3 ✅
Profit: 181,3186% 📈with x5 leverage
Period: 5 Days ⏰

5 minutes ago, bitcoin updated the bottom and hit the -30% mark per day.

Also, world markets update historically maximum falls per day.

Today, the wide S&P 500 market has fallen the most in a day since 1987.

Over the last 35 years. Panic reigns around. We highly recommend not trading now.

It takes time for everything to stabilize. Trading at the moment is like a guessing game

We see that because of a massive panic and unstable market situation, a lot of users lose their capital. In that situation we propose trust management service to decrease the loss and increase the profit.

We are forming the fourth pool now.

You can invest not less than $1,000 in trust management.

For more details contact to:
@damian_classics

💥 Platinum sibnoscription💥
available only for 24 hours from now, join Crypto Classics and get 25% discount with the CC25 code on all pack including the Diamond (Gold and Platinum).
👉 @damian_classics

We see that because of a massive panic and unstable market situation, a lot of users lose their capital. In that situation we propose trust management service to decrease the loss and increase the profit.

We are forming the fourth pool now.

You can invest not less than $1,000 in trust management.

For more details contact to:
@damian_classics

📍Current Big BTC update:📍

So so so. It was a crazy week. A record drop in traditional markets. And also a record drop in the Cryptocurrency market in a few years. We warned our subscribers that it was very dangerous to buy in such a market. And if your long position shows a loss, then you need to urgently cover it.

There is a complete correlation between traditional and cryptocurrency markets. We have already written more than once that we noticed this a long time ago. The fall in bitcoin by more than 50% per day after the strongest drain of stock markets suggests that institutional investors are present in the cryptocurrency market. There is a massive risk aversion. Which entailed such a collapse.

We will repeat that the cryptocurrency market currently has two components. The first is the black market. This is a buys or exchange of goods. He, by and large, does not care what the price of bitcoin is, since everything goes instantly. Exchange for crypto, purchase, exchange for fiat, withdrawal. That’s it. The second component is speculativeness. Now, like any other currency, the cryptocurrency market can be sold and bought in order to profit from price fluctuations.

The massive introduction of margin trading, attacks on futures trading irreversibly affected market changes in the direction of speculativeness. Now prices can also be pushed by exchanges in order to eliminate positions. But for professional traders, this is even a plus, since you can catch successful liquidation moments and open opposite trades.

✅ Bitcoin: We know that our audience is 90% novice traders who do not have trading experience. We strongly recommend that you refrain from buying in the coming week. What will happen now is most likely an unpredictable movement. It takes time for the market to calm down and form a trading zone with support and resistance levels. No trades yet.

Our tactics? We are fully confident that now the cryptocurrency market will repeat the movements of traditional markets. On Friday, US indices closed with record daily growth over the past 30 years. S&P 500 + 9.23% per day. We will wait on Monday and only after the opening of the American trading session to make any decisions. In any case, we are not in a hurry and are now extremely careful.

We also believe that at the moment the market will create a large number of false movements. On Bitcoin, we are already seeing this. These will be very short-term trades and, perhaps, we will use it. In no case do we recommend that you follow these trading tips if you do not have time to sit near the monitor and monitor the position until it is completely closed.

We are waiting for the formation of a clear range framework, and already starting from the levels of support and resistance to open positions. By the way, we still have a third of the short position, which we opened at a price of $ 11,300. It brings more than 100% profit.

✅ Altcoins: No top 5 buys at all. The movement of bitcoin is copied. Other altcoins according to the situation.

The dominance of bitcoin. Surprisingly, according to the Coinmarketcap website, the dominance has not changed this week and at the moment 63.8%. It only says that someone really came out of cryptocurrency assets into a dollar.

Perhaps later we will find out who, but this only says onething - someone abruptly left the liquid cryptocurrency market. What will happen tomorrow can only be observed.

Conclusion

The cryptocurrency market has finally ceased to live its own life and goes after traditional markets. This is due to the fact that institutional traders cryptocurrency. There was an hourly exit from risky assets, which provoked such a fall in the cryptocurrency market.

At the moment, prices have stabilized, but you need to wait a while, so that everything becomes more clear. In no case should you buy if you are not able to quickly cover a position. Buy for long term even more so. The market can still fall by half.

We are often asked what we give to our customers if they purchase a subnoscription to the VIP channel. This is a number of services, you can familiarize yourself with them in more detail by writing support @damian_classics. But we believe that the main thing that we give our customers is a professional look at the market and tips that will help you at least save capital.

After all, before the very strong fall, we had a long position for a rebound, but then we quickly covered it at a loss. As a result, we lost 0.3% on the deposit. This is not so much if we had not covered. At the moment, the position would have taken about 15% of the deposit, which for us is simply a critical drawdown. Especially without leverage.

Take care!

You have a cryptocurrency portfolio and the price of it have fallen? 💰

Panic? 🤯

You don’t know what to do, do you?

Convert everything to USDT or continue trading?

What to do with shitcoins?

For the last week we received more than 350 requests from users with those or other questions.

Our team will assess the status of your portfolio❕

We will help to you to deal the current situation based on our professional experience.

Only Today ❗️❗️❗️

Get a 1 hour of free consultation of our experts and stop losing your capital:
@damian_classics

Today, American markets reopened in a big minus and the closure was almost at the very bottom - 11%. Another one negative day.

That's what it means when the markets are too overbought. In his speech, Donald promised that the markets would hit historic highs again, but only when everyone will defeat the coronavirus, which is at least half a year. So the turbulence in the markets will be long enough.

How it will affect cryptocurrency markets? To understand this, you need to look at the current quotes. They are in a deep loss. And this means that while the cryptocurrency market is far from recovery. Nevertheless, we expect that there will soon be a rebound. At current levels, selling further does not make sense, because a rebound can be at any time.

💥 Platinum sibnoscription💥
available only for 24 hours from now, join Crypto Classics and get 25% discount with the CC25 code on all pack including the Diamond (Gold and Platinum).
👉 @damian_classics