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$1B In Liquidation As Bitcoin Rising Wedge Pattern Breaks😱OVER $1B REKT! Turbulence engulfs the market today as Bitcoin shatters critical support thresholds, unleashing reverberations that resonate throughout the entire financial landscape. This precipitous decline coincides with the revelation of Chinese real estate giant Evergrande's Chapter 15 Bankruptcy filing in a U.S. court—a development that has sent shockwaves through the economic sphere. The precarious financial state of this corporate behemoth, coupled with the potential domino effect on the world economy, has become a subject of fervent examination and unease among investors. Price Target $19xx - $20000
KRAKEN:BTCUSDShort
by CFD_CapitalGroup
Chart Art - Bears Poaching Bulls on Daily (Story Time) Once upon a twisted time, amidst the treacherous slopes of Mount Everest, a sinister dance unfolded. Bulls, mighty and majestic, grazed unaware, their strength luring the attention of greedy bears. With cunning precision, the bears ambushed their prey, leaving behind a trail of shattered dreams and broken horns. As the chaos ensued, moonboys in wheelchairs wheeled their way through the chaos, hoping to find solace in the serenity of the summit. But fate had a cruel sense of humor, for the bears, driven by their insatiable hunger, turned on the moonboys, wielding sharp blades as they tumbled down the icy slopes. In the depths of darkness, a macabre symphony played, blending tragedy and comedy, as the mountain echoed with laughter, forever stained by blood and rekt portfolios. The end. Djshib
INDEX:BTCUSD
by UnknownUnicorn3237473
2
Finding peace in the rekt-agePretty simple graph. I have been looking through my crypto hodlings trying to see which ones may survive the upcoming bear winter. It basically comes down to who is holding up against BTC since everything usd related is getting smoked. Nexo has a nice graph with a bounce of the 100 week. My only real fear is Nexo adjusting its APY rates in the light of the bear market. I'm sure they have watched their closest rival Cronos take a dump after reducing rates. You could say that Nexo has a lot of soul searching to do in the next few months. Keep offering rates that may make the company unprofitable or slash rates and tank the native token price. At the moment nexo is holding against BTC so i may lock my nexo in for another 12 months when my old term unlocks. Any thoughts are welcome on nexo or cronos since i hold both and i am really stuck on what to do next. As always this is not financial advise, so its not.
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by BringTheFingerBack
REKTRP | See you at . . well, you can figure out.The technicals are practically writing the news themselves . . ChatGPT in the HOUSE!?!? . . maybe ; I'm not gonna get into a lot of detail but Bitty CME has a sick bottom gap that HAS to fill, eventually and as Bitty goes so goes the rest of 'em. I plotted a possible entry / firesale level buy op about two weeks before this ridonculus pomp and then watched the news support the price action. Between Lawsuits, CFTC, adjudications, Gary and his crusty shekel band of blowholes, etc., it's like a reverse 4th of Ju ly. So have fun with it and please consider hedging, spread risk, DCA, and grid into positions. Bottom fishing and top spotting can be tricky for the "all-in" guys. Cheers and don't get REKTRP'd!!! ~ Box * * * Not Investment Advice * * *
by FudBox
5
BTC/USDT (1D) How Bad could it be ? (Worst case scenario)Hi Traders and HODLers.... If you ask yourself how low could BTC Fall during this correction ? Well .. it all depends if you believe to EW counts and Fibonacci extensions. This EW Count shows my expectation of FreeFall back down to 11K zone in case of A:C 1:1 Extension. Right now Bitcoin is fighting for most iportant levels. If he fails. We could finish in a BEAR market for months (maybe year or 2 untill another Halving ?). This is not investment advice, just my warning how bad it could be. Even when I am very Bullish LONGTERM ... also You should always ask yourself if you risk only the money you will not need for such longtime ;) Trade and invest safe, always consider risks.
by Longevity_Contrarian
9
LUNA Daily Analysis 5.11.2022🔴 This coin with a 60$ billion market cap is moving towards zero with a 97% correction. 🟢Experience in the crypto market has shown that when the market is willing to pour, the word price floor does not have as much meaning as it does in the rising waves of the ceiling. So do not enter the purchase until the return pattern is seen in the currency in the hope that the currency is on the floor and do not risk your entire capital for a small profit. 💎Seeing the chart above, those who are familiar with the word loss limit and have strictly observed it will smile.
by Trader_Needs
4
FTM - Levels to watch.Fantom is still rekt, down over 60% from the sell signal and down 77% from its highs back in October 2021, there is still a lot of room for this to fall. The way the chart is now I wouldn't really start paying attention until around $0.95 cents. I would neither buy or sell here, just add an alert and stick it in your watch list. If following the DCA signal the average position here would be around $1.65 with between 5% and 10% allocation. Risk here is currently very low so there could be a chance to move that average down a bit further but personally I would wait for further confirmation of a trend change.
by Cryptodontrading