They couldn't even wait a bit longer to let my recent postings build up some suspense before the mic drop! 🤣
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Dumping Coinbase share is no different than dumping btc. Coinbase's exposure is directly correlated to their btc reserve. If Coinbase goes down, btc goes down, and vice versa. Its because all these btc ETFs are being backed by coinbase to fill their spot amount of btc.
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I was honored to be invited as a guest at BlockchainWhispers' AMA. If you would like to join in here is the link:
https://blockchainwhispers.com/c/the-great-ama
https://blockchainwhispers.com/c/the-great-ama
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AltChica VIP
BTC/USDT SHORT VIP: Entry: 106500 - 108000 (Check entry price carefully!) Target 1: 103700 Target 2: 100000 Target 3: 95000 S/L: 111950
My Entry range predicted the PERFECT crypto market top, down to the T! And I shared it almost a week ago before it reached the entry, for you to prepare your trade and exit plan! A WHOLE WEEK before, not for the playout but for the entry! While everyone else was confused on what to do and BTC was in price discovery. Let that sink in!
Most groups can't even predict a trade setup correctly that will playout in the next 4 hours! Only at AltChica you see trade setups such as this, not one time, not two times, but multiple times over and over again! All of which were predicted over 3-4 days or WEEKS ahead of its time for you to enter into the trade: https://www.tg-me.com/altchica/4689
This require skills to analyze order books to a perfection! Which AltChica has done for over 6 years now.
Remember, that those who follow AltChica were the first in the whole market to have known about this top and was well prepared before hand! Almost a full week beforehand! Thats how good AltChica is! Its easily verifiable with telegram timestamps. All fully transparent.
- to join VIP, contact me @Zchica
Most groups can't even predict a trade setup correctly that will playout in the next 4 hours! Only at AltChica you see trade setups such as this, not one time, not two times, but multiple times over and over again! All of which were predicted over 3-4 days or WEEKS ahead of its time for you to enter into the trade: https://www.tg-me.com/altchica/4689
This require skills to analyze order books to a perfection! Which AltChica has done for over 6 years now.
Remember, that those who follow AltChica were the first in the whole market to have known about this top and was well prepared before hand! Almost a full week beforehand! Thats how good AltChica is! Its easily verifiable with telegram timestamps. All fully transparent.
- to join VIP, contact me @Zchica
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AltChica
I was honored to be invited as a guest at BlockchainWhispers' AMA. If you would like to join in here is the link: https://blockchainwhispers.com/c/the-great-ama
Here is my AMA post if you would like to have a read at it:
https://blockchainwhispers.com/link/msg/714442
https://blockchainwhispers.com/link/msg/714442
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Forwarded from AltChica VIP
BTC and ALTS will never decouple in this market. It will ONLY decouple when BTC is stable in price. Any other scenarios where BTC is being volatile and moving, ALTS will follow. I stand by my statement regardless of what experts may claim. If I am wrong, I will publicly announce that I was wrong. So, stop asking me this question over and over again.
FYI, this is "my" personal opinion. Do your own due diligence for your own trades.
@Zchica
FYI, this is "my" personal opinion. Do your own due diligence for your own trades.
@Zchica
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News Flash during the weekend market:
All European Union exchanges must delist USDT due to non-compliance within 30th of December 2024.
Guess what provides the most buying liquidity to the whole crypto space? Yes, thats right, its USDT.
"Prospective" playout game plan:
1. Bullish for Bitcoin, Bearish for Altcoins.
Lets say you have coin XYZ and you get a notice on your exchange that it will be delisted in 2 days. What is usually your first reaction? Isn't it to sell the XYZ coin into BTC, ETH or USDT?
Now, lets say you hold USDT, and you get to see this notice on your exchange. What is going to be your usual course of action? Chances are that you are going to use up your USDT to buy BTC and hold onto it.
Also, its USDT that usually keeps the Alt market pumped. If thats removed, Alt stops pumping. BTC also acts as a safe heaven for crypto, so during uncertainty all money will move out of alts into btc.
2. Bearish for BTC, Bearish for Altcoins.
Once USDT is removed, the other replacement stable coins don't have as much supply as USDT to provide enough liquidity coverage as USDT. So, buying pressure dies down, BTC starts to loose steam. Altcoins follow. Also, this delisting could increase panic selling and people cashing out of crypto completely and can become the catalyst to start off the dump cycle of crypto.
3. Bullish for BTC, Bullish for Altcoins:
If market makers can provide alternatives quickly enough to substitute for the lack of USDT's liquidity and market outside EU can absorb this shock, we will be good to go. This will show more strong resilience for the crypto space and start off a new leg to the upside. Any temporary dips from EU selling will become a golden buying opportunity for non-EU participants, esp. if the US ETFs use this opportunity to buy up BTC much faster.
I leave all the scenarios up to you to decide which play you want to side with.
All European Union exchanges must delist USDT due to non-compliance within 30th of December 2024.
Guess what provides the most buying liquidity to the whole crypto space? Yes, thats right, its USDT.
"Prospective" playout game plan:
1. Bullish for Bitcoin, Bearish for Altcoins.
Lets say you have coin XYZ and you get a notice on your exchange that it will be delisted in 2 days. What is usually your first reaction? Isn't it to sell the XYZ coin into BTC, ETH or USDT?
Now, lets say you hold USDT, and you get to see this notice on your exchange. What is going to be your usual course of action? Chances are that you are going to use up your USDT to buy BTC and hold onto it.
Also, its USDT that usually keeps the Alt market pumped. If thats removed, Alt stops pumping. BTC also acts as a safe heaven for crypto, so during uncertainty all money will move out of alts into btc.
2. Bearish for BTC, Bearish for Altcoins.
Once USDT is removed, the other replacement stable coins don't have as much supply as USDT to provide enough liquidity coverage as USDT. So, buying pressure dies down, BTC starts to loose steam. Altcoins follow. Also, this delisting could increase panic selling and people cashing out of crypto completely and can become the catalyst to start off the dump cycle of crypto.
3. Bullish for BTC, Bullish for Altcoins:
If market makers can provide alternatives quickly enough to substitute for the lack of USDT's liquidity and market outside EU can absorb this shock, we will be good to go. This will show more strong resilience for the crypto space and start off a new leg to the upside. Any temporary dips from EU selling will become a golden buying opportunity for non-EU participants, esp. if the US ETFs use this opportunity to buy up BTC much faster.
I leave all the scenarios up to you to decide which play you want to side with.
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We will likely start seeing the game play of this news on Monday at European market open.
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AltChica
News Flash during the weekend market: All European Union exchanges must delist USDT due to non-compliance within 30th of December 2024. Guess what provides the most buying liquidity to the whole crypto space? Yes, thats right, its USDT. "Prospective" playout…
Personally I believe this little pump today was a stop hunt for liquidity grab. I don't think it was the scenario #3 play today as many of you messaged me asking about it. If you would like to keep updated in uncertain market conditions, feel free to message me at @Zchica and ask for VIP.
Merry Christmas and Happy Holidays to you all!
Merry Christmas and Happy Holidays to you all!
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