CoinWraith

BREAKING: Silver rises above $112/oz for the first time in history, now up +57% this month. Silver prices have now DOUBLED since December 19th. That's +100% in 38 days.

JUST IN: Gold hits $5,100.

🚨Bitcoin dropped $2,500 in the last 5 hours and liquidated $400 million worth of longs. More than $100 BILLION has been wiped out from the crypto market today. This is a low-liquidity Sunday evening dump. The real price action will come once the US market opens on Monday.

JUST IN: Gold reaches new all-time high of $5,105

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🚨 IS THE JAPAN RATE HIKE PRICED IN? 19 MARCH 2024: JAPAN RATE HIKE 0%-0.1% → $BTC DUMPED 23% 31 JULY 2024: JAPAN RATE HIKE 0.1%-0.25% → $BTC DUMPED 26% 24 JANUARY 2025: JAPAN RATE HIKE 0.25%-0.5% → $BTC DUMPED 32% 16 DECEMBER 2025 (TODAY) → $BTC DUMPED 3% SO THE MARKET IS NOT PRICED IN. NOT YET.

Key resistance on Gold/Bitcoin. This level has historically marked the start of major Bitcoin rallies.

$ETH is now in no support zone. Either it needs to reclaim the $3,000 level, or Ethereum will dump below $2,800.

But why does the legacy media do this?

$GRINCH right now feels like a pricing error. No panic. No euphoria. Just a calm zone before momentum snaps. 👉 grinch.coinsol.network You either position here or explain later why you didn’t. $GRINCH

Guessing we may see #Bitcoin sweep the prior low before any major relief bounce.

I am VERY bearish on Bitcoin on mid term However on short term its sitting at support Market makers will pump Bitcoin to trap bulls

Made some Christmas shopping Now we wait

IF $BTC drops to $74k as its low (I’m not saying it will!), that would be a 41.4% drop from the ATH.

The 4-year cycle is exactly playing out again...

$124K: “Bitcoin is too expensive. I'll wait for a dip" $85K: “Bitcoin is dead. I'll buy some later" EVERY SINGLE CYCLE 🤦‍♂️

LEVERAGE HAS RUINED CRYPTO. In just 4 hours, the crypto market has erased $136 billion from its market cap. Nearly $381 million in long positions has been liquidated. And all this is happening when the S&P 500 is down just 0.30% Without leverage, the crypto market would be trading near ATH and Bitcoin should have broke $200,000 already.

No changes in $BTC and $ETH so far. They are still underperforming massively, and every pump is getting retraced. For now, precious metals and stocks are sucking away all the liquidity, and this could continue for some time.