Crypto Entrepreneur. 10 years TA FA. Founder of CryptoPatel. Alpha Hunter. SMC and ICT Trader. Sharing 10x Gems, X: CryptoPatel, Pro Setups, Market Trends 🚀
Price is in a bearish corrective phase and currently reacting at the 0.618 Fib zone ($1.55–$1.25), A key area for potential bullish reversal. Holding this zone increases the probability of a strong upside continuation toward $4.6 / $8 / $13 / $20.
If this support breaks, the next major demand lies at the 0.786 Fib level (~$0.84), considered the optimal accumulation zone before any trend shift.
Crypto Alert: India Steps Up Enforcement & Tax Detection
The government is cracking down on unreported crypto transactions:
ED Actions: 🔹 ₹4,189.89 crore in crypto-related proceeds of crime attached, seized, or frozen under the PMLA. 🔹 29 arrests made and 22 prosecution complaints filed. 🔹 1 individual declared a Fugitive Economic Offender.
CBDT Tax Detection: 🔹 Undisclosed income from crypto/Virtual Digital Assets (VDAs) worth ₹888.82 crore identified during searches. 🔹 44,057 taxpayers who didn’t report VDA transactions in their Income Tax Returns received notices under the NUDGE campaign.
Regulatory & Tax Update: 🔹 Crypto/VDAs are still unregulated in India. 🔹 The government is building capacity to monitor and investigate crypto transactions.
Tax rules on VDAs: 🔹 30% flat tax on gains (since FY 2022-23) 🔹 1% TDS on transactions 🔹 No loss set-off between different VDAs 🔹 Covered under PMLA since March 2023
How Detection Works: 🔹 Authorities use data analytics, internal databases, and Project Insight to match crypto transactions with tax filings. 🔹 TDS returns filed by Virtual Asset Service Providers (VASPs) are checked against ITRs to catch discrepancies.
The government is taking a dual approach: keeping crypto heavily taxed while strengthening compliance, even though crypto itself is still unregulated.
Source: Official reply in Lok Sabha by Minister of State for Finance Pankaj Chaudhary
What it means: 🔹 70%–90% of $ETH will be staked 🔹 Coinbase and Anchorage will keep the crypto safe 🔹 BlackRock won’t run its own validators 🔹 Will trade on Nasdaq once approved
Why this setup? ✔ Monthly low swept → external liquidity taken ✔ Strong bullish reaction post-sweep ✔ Looking for reclaim of CISD to confirm continuation ✔ Liquidity magnet above at previous month high
HTF ChoCH Update: #Bitcoin Macro Bias Still Bearish
$BTC perfectly rejected the Inducement zone at $93k–$94k and dropped to $87.7k, providing nice scalping opportunities.
Price is now back near the Inducement + FVG level. If it breaks upward, the next target could be $100k–$102k before the next leg down.
Bearish bias remains until #BTC breaks $107.5k with a HTF candle close above. Only then would a new ATH scenario be considered.
Otherwise, expect a macro downtrend toward $60k–$50k over the next year.
ICT View: Market is rebalancing inefficiencies before potentially delivering lower lows.
TL;DR: BTC still bearish; watch for FVG plays and key rejection zones. Only a break above $107.5k changes the long-term view.
CryptoPatel
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Bearish
HTF ChoCH Alert: $BTC Macro Bias Is Still Bearish
#BITCOIN is still following clean HTF bearish order-flow (LH → LL → BOS). The current push up is just a premium retracement, driven by internal liquidity grabs.
Price is reaching for the premium FVG at 99,866–101,184, the next clear draw on liquidity and a prime reversal zone.
Robinhood’s Next Big Leap: Tapping Into Indonesia’s Massive Investor Boom
Robinhood is officially entering the Indonesian market after announcing plans to acquire PT Buana Capital Sekuritas and PT Pedagang Aset Kripto.
Why this matters: Indonesia’s fast-growing investor base, 19M market investors and 17M crypto traders, makes it a major opportunity for Robinhood’s Southeast Asia expansion.
Key points: 🔹 Entry via brokerage + crypto platform acquisitions 🔹 Pieter Tanuri stays on as strategic advisor 🔹 Deal expected to close in 1H 2026
A strategic step that strengthens Robinhood’s presence in Asia’s booming digital asset ecosystem.
People are talking about $LUNC again… but for all the wrong reasons
1️⃣ CoinDesk reporter rocked a vintage LUNC tee at Binance Blockchain Week → went viral 2️⃣ Do Kwon’s sentencing coming up Dec 11 3️⃣ Last 7 days: 1.8B LUNC worth $95K burned. 4️⃣ #LUNC pumped 220% in the last 6 days, but dumped -37% in the last 24 hours ⬇️