On October 7, we noted that the heat map had significantly inflated and literally mentioned that the drop for liquidation would be sudden, rapid, and terrifying. There is nothing easier than this. Let's discuss the motivating factors and why most cryptocurrencies dropped more than 70%, and some went to zero.
After the warning that the drop was coming, on October 9, I mentioned that the drop needs negative news to be a catalyst for the drop. The negative news occurred, and the drop happened, erasing the heat map and liquidating around 20 billion dollars, and liquidating accounts of 1,659,400 traders with just a five-minute candle.
Why did some cryptocurrencies drop more than 70%, and some went to zero? Simply put, any cryptocurrency that has supports, and below these supports, traders place their stop-losses. Once the supports are broken and the stop-losses are hit, the volumes will be liquidated at market price. This causes a very violent drop, and as we saw, some cryptocurrencies went to zero due to the massive stop-losses that were hit and the liquidation of the volumes at market price, which caused the currency to collapse.
Was the drop intentional by the platforms? Simply put, the drop was intentional and there is no room for discussion or searching for justifications and the goal is to liquidate the buying positions that have inflated terrifyingly
Did the platforms really manipulate and stop purchases during the drop? Simply no, and whoever tells you that the platforms stopped purchase operations is ignorant and foolish The landing time at the bottom I tried to buy and I tried the Binance and Miksi platforms the same thing you can't buy and the reason was very clear and the reason is the lack of any offers for sale because literally the order book was zeroed
An easy and simple picture explaining the upcoming situation of the market. Every time the liquidation centers inflate like this, a violent massacre occurs. Wiping out areas and such inflation requires fast, surprising, and terrifying candles. My words don't mean that there is no massive upward wave; there is definitely an upward wave, and it is comforting, God willing, but before that, the market needs to liquidate the inflated long positions and take liquidity from them.
Could my prediction be wrong? It could be; why not? This is a market that does not operate on predictions, but throughout the time I was monitoring the heat map, every time it inflates like this, it gets liquidated in a terrifying and surprising manner. In general, we are all entering the market, and if the liquidation occurs, it will be our opportunity to strengthen, God willing, so keep the cash ready because liquidating areas like this can be somewhat terrifying, so prepare your coins 😁
🔹 Bitcoin is currently moving sideways in a narrow range between $103,100 and $104,300. ✅ This movement comes after a strong breakout of a broadening wedge pattern on the four-hour timeframe, indicating a consolidation phase before the next significant move.
🟢 Bullish Scenario: 🔹 If the price breaks above $104,300 and holds, 📈 we may see a continuation towards the strong resistance between $107,800 – $108,500 🔸 which is a historical supply area worth monitoring closely.
🔻 Bearish Scenario: 🔹 If the price fails and breaks below $103,100, it may retreat towards the previous breakout area between $99,400 – $97,800, 🔸 which is a strong support area that has turned from resistance on both the four-hour and daily timeframes.
⚖️ The current situation is neutral, so waiting for a clear breakout in either direction may provide more accurate and safer opportunities. $BTC $ETH $BNB #AltcoinSeasonComing #AltcoinTrade #BTCBackto100K
Every time this bottom is tested and rebounds from it, a strong wave occurs in the currencies that you can compare with the currency chart. On April 16, the bottom was tested and there was a rebound from it, forming a minor peak on April 28. Open the chart of any currency and see the rise that occurred in the currencies from April 16 to April 28.
This bottom has been visited for the third time today. Will there be a rebound and rise in currencies like previous times? Only God knows. What we can do is follow it closely, but what I expect is that this support has been tested for the third time today, and I don't think there will be a rebound. I expect it to break, and if it breaks, we will see a massive slaughter in alternative currencies.
🔹 Ethereum is currently at an important resistance level. ✅ If this level is breached, it could move towards the range of $2100–$2200.
⚠️ However, if the price is rejected from this resistance: 🔻 It may retest the support level at $1680 🔻 Or even drop to the demand area between $1640 – $1520.
🟢 If this area holds, we may witness a strong rebound upwards, with the possibility of retesting the resistance level of $1840!
📈 Follow the analysis and monitor the movement closely – opportunities are coming! $BTC $ETH $XRP #BTCRebound #SaylorBTCPurchase
Bitcoin continues to fluctuate; it may last until May 3 and then we will see a real movement.
On May 8, Bitcoin will achieve either a peak or a trough. If it's a peak, it will be in the 105 region. If it's a trough, it will be in the 85 region.
Preliminary confirmations: A daily close above 95300 targets 105000. A daily close below 93600 targets 85000.
For your information, we do not rely solely on closures, so we will wait for a break or a breakout. In case of a breakout, we might enter with a stop loss to avoid any surprises, and if a breakdown occurs, we will wait for the 85 region and then decide.
Bitcoin continues to fluctuate and may last until May 3, then we will see a real movement.
On May 8, Bitcoin will achieve a peak or a bottom. If it’s a peak, it will be in the area of 105. If it’s a bottom, it will be in the area of 85.
Preliminary confirmations: Closing a day above 95300 targets 105000. Closing a day below 93600 targets 85000.
For your information, the closures are not relied upon, so we are waiting for a break or breakthrough. If a breakthrough occurs, we might enter with a stop loss to avoid any surprises, and if a break occurs, we will wait for the 85 area then decide.
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨 10,000 BTC ($933,312,300) transferred from Unknown to Binance
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨 5,500 BTC ($520,963,620) transferred from Unknown to Binance
Yesterday, 10k Bitcoin was transferred to Binance And now, 5k Bitcoin has been transferred to Binance
The purpose of the transfer is for dumping, so before it, there will be a pump and then the dumping starts
We might see a pump for the area 95960 96300 97250
The pump is aimed at covering the huge short positions that were opened yesterday Whale transfers are not random; they just saw the huge positions that were opened and know that the exchanges will leave the positions and they will be liquidated, so they will exploit the pump for dumping $BTC $ETH $XRP #BinanceAlphaPoints #BTCvsMarkets
While everyone is facing severe losses, Warren Buffett is in profits
This person was born in 1930 and made his first entry into the stock market at the age of 11. He is currently 95 years old and remains one of the major investors in the stock market.
In this area, the trend started from area 49 The trend was tested only once on September 6, 2024, at a price of 52500, and then Bitcoin surged to create a new peak at 109. Since then, the trend has not been tested again until now. If the price drops to test the trend, it might give Bitcoin a strong push. If that happens, consider it a positive scenario that could create a nice wave for us.
Bitcoin may fluctuate for hours in the current area, then we will see a bounce to the area 83000-84000 Then we continue to drop, this is what I see, and God knows best
We will follow the coming hours until it reaches the area 83-84, then we will update $BTC
The whales opened huge short positions before Trump's speech, but alas, the market maker will not leave them. I swear to God that the computer in front of me showed the long candle that stripped them. I kept pulling the chart down until I reached the end of the candle 😂 $BTC $XRP $SOL #BinanceAlphaAlert
They have been filtered and new centers have been released in 86800 87150 And they have been filtered Now new filtering centers have been released in 87659 87942
Fighting whales and market makers, let's see where it ends up 🤣 $BTC $ETH $XRP #BinanceAlphaAlert
Bitcoin reached the area of 86000 At any time you see an analyst setting targets above for Bitcoin, do not believe them, because since the peak of 109 we are still in a corrective decline I clarified above the area from which the decline will start, and currently there is no obstacle for it to return to the area of 86600, just as a target for the short positions that were opened Since the peak of 109, we started a downward trend, and each time we rise and the trend is tested again, a drop of 5k-10k occurs When will this scenario end? As I clarified in the main tweets, we need at least three daily candles above the area of 86 🤝 $BTC $ETH $XRP #WhaleMovements #VoteToListOnBinance
🔹 Currently, Bitcoin is moving as expected, and there are no significant changes in the overall forecasts.
🔹 After breaking through the 84K-85.9K area, a retest occurred, and it is currently trading near the resistance area, tracking a downward trend line.
🔹 As long as the price remains below this area, our targets will remain unchanged between 76.7K and 72.7K. These forecasts may change if the price closes above the 84K-85.9K area and above the downward trend line.
🛑 We will continue to update our forecasts according to developments! $BTC $ETH $XRP #BSCUserExperiences