#Opinion

📉 Max Keiser believes that the dollar could collapse within six months

According to the analyst, the growing U.S. national debt could threaten the world's most popular currency.

🪙 As an alternative to the unsafe dollar, Max sees cryptocurrency, but not all of it—only #Bitcoin. He considers other coins to be exposed to unjustified risks, such as #TON, which dumped 20% following the arrest of Pavel Durov.

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🐳 Whales are Buying Up #Bitcoin Amid Investor Panic

At the moment, most retail investors are selling their #BTC at a loss, fearing a further decline, which puts pressure on the digital gold’s price. Meanwhile, whales are actively accumulating coins. In the last 30 days alone, they have acquired over 133,000 BTC, worth around $7.6 billion.

At the same time, conservative market participants, such as JPMorgan, do not see potential for cryptocurrency growth, even considering the possible rate cuts on September 18.

🔥 — We will soar in Q4
🌚 — We’re not going anywhere, time to sell
🗿 — We'll soar right after I sell

#CryptoNews

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🔽 #Bitcoin Drops Amid Sell-Off in U.S. Stock Markets

Today, the price of #BTC fell below $57,000. The decline happened in two phases: first, due to uncertainty about further growth driven by negative performance of U.S. company stocks, and then because of the weakness in Asian markets.

The market decline is also linked to weak business activity data for August. Altcoins in the top 100 are showing an average drop of 10%, and the liquidation volume reached around $200 million.

#CryptoNews

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#Analysis #BTC

🪙 #Bitcoin continues its decline and is trying to hold at the support level of $57,000. The main reason for the price drop is the outflow of funds from spot #Bitcoin-#ETFs, which amounted to $37 million.

Meanwhile, experts from Outlier Ventures have calculated that we are currently witnessing the worst performance of "digital gold" post-halving. The previously observed fundamental pattern of the four-year cycle is breaking down, and after 125 days, we see a decline of about 8%.

🕯 In previous cycles, Bitcoin showed growth: 739% in 2012, 10% in 2016, and 22% in 2020.

Bitfinex also provides negative forecasts, suggesting that after a Fed rate cut, instead of a market rally, we might see an even greater decline—down to $40,000 per BTC if a bearish scenario unfolds.

Still believe in Bitcoin?… 😢

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🧭 The Fear and Greed Index has dropped to 22 — indicating extreme fear

Meanwhile, the volume of Google searches for keywords like #bitcoin, #crypto, and #cryptocurrency has fallen to the level of October last year. This indicator is quite important for predicting market trends. For example, the peak of search queries occurred from March 3 to 9 this year, right before #BTC reached its new ATH.

#CryptoNews

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#Opinion

🪙 Analysts from #Bernstein are predicting Bitcoin's value depending on the outcome of the presidential election:

📈 If Donald Trump wins, #Bitcoin could reach $90,000.

📉 If Kamala Harris wins, the price of digital gold could drop to $30,000–$40,000.

At #Ripple, it seems they believe that if Harris wins, #XRP will go against the market trend 🤓

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#Analysis #BTC

🪙 #Bitcoin has held above $53,000 and yesterday tested the $58,000 level. On the 4-hour chart, the RSI indicator points to a potential trend reversal

📈 All this signals that a breakout of the $59,000 resistance level is possible, with bulls taking control of the market.

The case for growth is also supported by the fact that inflows into #BTC-#ETF on Monday amounted to around $28.5 million after an 8-day period of outflows.

⚠️ However, it’s important to remember that only a third of September — historically the most negative month for cryptocurrencies — has passed, so caution is advised.

this is not financial advice

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🥴 Literally #HotPicsFromX:

OnlyFans model Abigail Joy admitted on Twitter that she’s investing all her money into #Bitcoin.

We don't want to scare anyone, but there was a great scene in *The Big Short* where it showed that in 2008, the markets crashed after strippers started massively buying real estate, following the trend 🍑

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📈 The Market Rose Ahead of the Debates

Yesterday, #Bitcoin rose to the level of $58,000. According to analysts, this was influenced by the upcoming debates between Donald Trump and Kamala Harris, which ultimately took place without mentioning cryptocurrencies, as well as the anticipated release of the US Consumer Price Index (CPI) data with a projected value of 2.6%, which could be the lowest level in the last three years.

However, market experts note the possibility of Bitcoin dropping to $50,000 after the publication of the Consumer Price Index, as historical data shows that after the release of the CPI, #BTC often went into a correction 🔽

#CryptoNews

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