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Shocking! It turns out that Telegram and $BTC have this relationship!

Telegram founder Pavel Durov revealed in a recent interview

that he started buying a few thousand bitcoins at a price of $700 each since 2013.

His current lavish lifestyle - mansions, yachts, private jets

is actually all thanks to the appreciation of bitcoin.

The Telegram app, created in 2013, has actually been operating at a loss.

It can be said that without the continuous appreciation of bitcoin over the past decade,

Telegram would have long been unable to continue.

The emergence of Telegram is also closely related to bitcoin.

Both are based on the concept of peer-to-peer, one being a payment system and the other a communication system.

Finally, Durov shared his views on the future price of bitcoin.

He believes bitcoin will definitely rise to $1 million each.

The reason is quite simple.

Governments around the world are printing money as if there’s no tomorrow.

But no one can print bitcoin.

That is where its unique value lies!

I just hope the dog stock operator comes hard to entice $BTC , then I will chase high, then fiercely trap me, and when it goes down, I will definitely ruthlessly cut losses; a script that gives you money, dog stock operator! Come at me!

The long-awaited script for $BTC is here ⚠️ Please remember to save it!
😜 Good news: Bitcoin will rise to 130,000 in the next six months.
😭 Bad news: It will drop to 37,000 by the end of this year.

- Weekly perspective: Expanding triangle top.
- Breaking through the psychological levels of 74,000 and 69,000, retail investors/miners/institutions will panic sell.
- Indicator head and shoulders bottom.
- Trump's rally has completely retraced.
- Sentiment is excessively low.
- The midterm election rally is about to start.
- Negative news from the Middle East has landed.
- Bitcoin short positions are too high.
- A squeeze rally is brewing!

Family, we did it! The Iranian blitz has ended, will $BTC continue to rise? Let's take a look.

1. The hype around the Iranian conflict has ended, and Bitcoin has welcomed a huge rebound as expected, soaring back from 63,000 to 68,000. It dropped back before, and now it’s rising back just as it fell. So is it time to buy the dip or short it?

2. Looking at Bitcoin's current trend, it is still consolidating within this range, oscillating between the bottom of 63,000 and a bit above 70,000. Now that the price has rebounded again, I think there's no need to chase it higher. Since we could enter at 63,000, why should we buy in at a higher 67,000? You agree, right?

3. So my current strategy is to take profits on the spot we bought yesterday at a high, and then look to short Bitcoin near 70,000 with low leverage, as there is still significant resistance here. To prevent any unexpected surges in the market, I will choose to enter my short positions in batches at 70,000 to 72,000, which is safer.

4. Because after all, it’s still a bear market, and no matter how high the rebound goes, it will eventually drop again. Even if we get temporarily stuck, we will ultimately come down holding low leverage, so I don’t think there’s anything to worry about. I’m actually more worried that it won't go up, making it hard for me to short this big profit again. 🤣

5. When Bitcoin crashed yesterday, Shu Qin advised everyone not to short at the support of 63,000, but instead to buy some spot at the bottom. I had orders at 60,000 and just above 63,000, but I didn’t buy in fully; I bought a portion, and I’m quite happy with that.

6. So today, the Iranian conflict really ended as we said, very quickly, and the market has also reversed, successfully executing the TACO trading strategy. Congratulations to those who followed Ben Qin’s operations~ 🥰

This morning I said $BTC and $ETH reached a null point, and someone called me an idiot, which I think is unnecessary;

A null point is a technical indicator, you can choose to act or not, but there's no need to choose to call me an idiot;

Now, I think Bitcoin and Ethereum have reached a buying point again, which could be right or wrong, and you can choose to act or not.

Look at my analysis

Unity of knowledge and action, as long as you are not greedy, there are still opportunities in a wide-ranging volatile market!

Recently, the fluctuations have been quite large, often exceeding 5%. Look for opportunities below $BTC 65000, and if it goes above 68000, it's time to exit. There are no major profit opportunities; if you can find a chance to make a small profit, take it, but don't be too frequent and focus on the win rate!

February's monthly line officially closed with a large drop, and March has just begun. It is highly likely to maintain fluctuations around 60,000. If March continues to close down, then Q2 will be quite clear!

Hope to continue fighting

If the pullback structure of each bear market is similar, then referring to the last bear market, this round of bear market, $BTC , will be slightly lower than the last bull market peak by about 22%.

The same ratio currently looks very close, which is around 54,000 USD.

In the last bear market, the lowest price of the main downward wave had already reached close to the bottom position, and afterwards, it was the FTX collapse that completed the ultimate liquidation. I wonder which company will fall in this round of bear market?

But anyway, I think starting to invest at this position of 60,000, even if the bottom is below 50,000, will not be a loss...

Bitcoin plummeted today,
because of the concentrated selling by platforms like Binance, Bybit, and Coinbase (on-chain data shows)

What we see is "selling",
but what really happens is "liquidity harvesting"

Do they seem to know something?

Binance sold 15,944 $BTC
Bybit sold 13,584 $BTC
Bitfinex sold 12,396 $BTC
Kraken sold 7,057 BTC
Coinbase sold 6,520 BTC
Wintermute sold 6,080 BTC
FalconX sold 5,796 BTC

It looks like "institutions are fleeing"

And this kind of escape normally
if there isn't a very violent plunge, they wouldn't buy back……

I have accurately judged multiple times through on-chain data from exchanges

I can only say that next Monday's six-star alignment doesn't look good
Be cautious of the last two weeks of March⚡️

Khamenei is dead.
$BTC The short-term market sees this as a positive, but in reality, it is still within a converging triangle and remains in a range fluctuation.
Let's pay attention to 69 -70 here.
If it breaks and stabilizes, then continue to look at the 72 plunder.
If rejected, then it will break down, looking at 60.
Again, Khamenei is dead, and Trump has 'won big'.
But the actual chaos is just beginning.

I can't believe it either.

If you think you lost badly today with $BTC , then please take a look at my media friend.

He was originally going to Spain to attend MWC, with a layover in the UAE, but now he is already on a free flight back to Shanghai......

(Photo 2 is the real-time ticket price)

Hey, I've been working hard for half a year
What keeps making me lose money is not extreme markets
But rather disgusting markets, which wear down my patience
I easily keep increasing leverage, and my margin for error is getting lower
Then it leads to a fatal blow
The most loss is definitely on Bitcoin
But I found that I have never made a profit doing $SOL
Also, when combined with Binance, I estimate I've lost about $400,000 just on Solana
I quit that horse's Solana

$BTC someone is numb

One word: Stable$BTC

Guess who? $BTC

Can you handle it? $SOL

BTC may rise during the interest rate hike cycle, and monetary easing policies may no longer be a bull market catalyst $BTC

The institution acted too harshly on $XRP