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BTC Bitcoin Sell-Off and COIN Coinbase potential HackIf you haven`t bought BTC before the rally: Then you need to know that today Coinbase's trading engine experienced a disruption during ETF trading hours, causing a significant impact on individuals actively trading Bitcoin on the platform and leading to a substantial drop in its price. The aftermath of the incident saw the price recovery after ETFs purchased actual Bitcoin for the next trading day (T+1). However, questions arose regarding the cause of the price decline. While Coinbase's outage played a role, suspicions arose about other exchanges possibly exerting considerable selling pressure. The speculation was whether Coinbase was the main stabilizing force and if there were other irregularities in play. Concerns escalated, leading to speculation about a potential Hack on Coinbase. Users reported missing assets, and both phone and chat support were inaccessible during a critical market moment. The situation highlighted the vulnerability of relying on centralized exchanges, emphasizing the importance of having control over one's private keys to ensure ownership and security of crypto assets. The overall consequence was a market downturn, signaling a potential local top. My Price Target for Bitcoin is $51K.
Short
by TopgOptions
1
Buy siacoin at current price.Curently sia coin is very undervalued coin. You can take position into this. Buy siacoin between 98-103 satoshi. First Target :- 114 Second Target :- 150 Stoploss :- 88 Long term holders can buy between 98-103 No stoploss will be given for this. Just hold for 3-4 months. Currently 20% of my portfolio is holding sia coins. I am expecting 5-10x profit from this coin. Invest at your own risk as it seems good profit from here but market manipulation can do opposite things as well so if you enter then do by using stop loss as well nd invest only what you can afford to hold/loose for long in crypto.
S
by CryptoTreasure
LTC/USD Critical Point SpottedHey folks! No time to explain...straight to the chart: LTCUSD is about to break its local resistance level (see previous structures that confirm this argument). Moreover, according to the Ichimoku (20/60/120/30 - perfect settings for crypto currently) the price is about to complete the breach and hence there is a strong indication for the price to go even higher. MACD - overcross spotted! RSI is steadily climbing higher. In general, if you look at Fibonacci retracement 38.2% - this is the next critical level which if breached opens the road to 61.8%. If you take a sharp look at the Fibonacci Extention line 38.2% you can notice that this line almost perfectly aligns with 38.2% of Fib.Retracement which combined is a strong price level for LTC. The market is currently in favour of crypto and it looks like we are in a "recovery" stage. Though, not entirely. Anyways, plz always do your own due diligence. I am waiting for the resistance level breach.
BITFINEX:LTCUSDLong
by DmitryQuail