Peoples are already tired of news about the debt default of country, whose currency has a reserve status in the world. We are tired too.

The circus of raising imaginary debt ceiling was completed on Saturday. Biden and Republicans agreed to raise the national debt ceiling. US default averted 🤡🧯

The House of Representatives will vote on the document on Wednesday, May 31. Then the initiative must be approved by Senate of Congress, after which it will go to Biden for signature.

There is nothing surprising in this, and I even posted a detailed post on telgram about “Why there will be no debt default in the USA”, where I clearly explained to you that national debt ceiling will be raised 😉

BTC and ETH reacted positively to this, as a result, all fell of last week was bought out. And the market ended the week positively. US market is closed today, so we will know the real reaction to this news tomorrow.

📯 Now media will promote this news as something positive and the markets will go into a short-term bullish rally. BUT… after this rally, Sp500 will inevitably go for a deep downward correction, as now Ministry of Finance will come out with borrowings and will take away money out of system. And the FED will help him 🤝

For last half of year, the Ministry of Finance, on contrary, threw money into market, which blocked negative effect of the FED's actions. Therefore, we saw the growth of big techs - as a result, the Sp500 index. Now both structures will work in the same direction…

Сrypto market is the most risky asset, so it will go even lower 🤷‍♂️

#ETH #BTC #Crypto2023 #Investideabinance

Many peoples are shocked by such a strong and rapid rise in BTC, but Bitcoin loves to surprise everyone. There was no reason for such growth, however, as Sir Newton said, "I can calculate the movement of celestial bodies, but not the madness of the crowd."

The Fear and Greed Index speedometer went from fear (42) to greed (65) in a few days 🧨

It should be remembered that fundamental problems in world economy have not gone away, central banks are raising rates and the "printing press" still does not smell at all.

❗️Recently, US Ministry of Finance has entered market with borrowings + its being helped by Fed and ECB with their balance sheet cleanups.

And what about technique ⚙️

Bitcoin exited “wedge” up impulsively on low volume.Growth without a retest of key levels, so it would be logical see a return to 27K level on a retest + at this level there is the main liquidity.

🫡 Ok, but what to do?

At the moment, there is no reason for a sustainable rally in crypto. If a week ago the “fear and greed index”, which moved into the fear zone, was still speaking in favor of growth, now it is already in greed, which means that the growth potential is not so great. It's not worth it to go into medium-term and long-term perhaps now, and I think that we'll buy BTC lower.

🎯 Targets for a set of medium-term long positions: $23,400, $20,000.

P.S. 🧙🏻

Historically, BTC has always walked alongside Nasdaq, but with a higher Beta. Nasdaq and BTC have gone their separate ways in recent months. Now Nasdaq is already turning down after quarterly expiration of options, all mammoths are heavily overbought and need to be corrected. Even if BTC meets the falling index, potential for growth is not so great (but anything can happen).

P.P.S.

If the idea of shorting BTC has entered your head - drive it away! Mr. Market is very fond of catching shorts and then watching them buy back their shorts at a higher price 😼 Shorting is mathematically unprofitable. Shorting Bitcoin is economically and mathematically unprofitable!

#BTC #Bitcoin #cryptousdua #Investideabinance

Since beginning of June, Bitcoin has already fallen by -9%, why this is happening and what to expect next - I have already detail told about it in this profile.

Now the news about SEC lawsuit against Binance has begun to appear, but all this is «market noise», friends. The fact that Bitcoin will fall was said in advance by technical analysis and macro factors.

What to expect next? 🔮

Unfortunately, the situation isnt in favor of growth for the main cryptocurrency. In the US, the government debt ceiling has been raised, which means that the US Financian Department will borrow $1-2 trillion until the end of September 2023. Also now there is a withdrawal of liquidity from the FED - all this together will play negatively on Bitcoin.

The dominance of Bitcoin in market is still kept at level of 47-49, which acted as a "ceiling" in last 2 years. This means that altcoins are still holding on very well and we have not yet seen real sales in the crypt. But we will definitely see.

If you have altcoins in your portfolio, there is still a good chance to sell them at a good price.

🔰 By the end of June, we can see Bitcoin at $20-22k levels.

This will be a good level to start forming a mid-term long position.

Keep strong, buddy. And have enough cash for purchases!

#BTC #Bitcoin #Crypto2023 #Investideabinance #BinanceTournament

Attacks from SEC on the Binance exchange continue.  What can happen to BNB and the largest cryptocurrency exchanges against backdrop of the ongoing circus with the SEC.

Its important to understand that BNB can only disappear if Binance exchange is scammed. If this happens, then believe me, a lot of projects will fall off, because the Binance is now, in fact, the so-called crypto market.

📌 Suddenly, someone does not know, this exchange is the main monopolist of crypto industry and it is on it that highest volumes of cryptocurrency turnover take place.

We estimate probability of a Binance exchange scam at only 5%, since the lawsuit is only from the US SEC, and Binance is a global exchange that operates all over the world. So you should not be afraid.

💁‍♂️ Most likely, many panicked and started selling the $BNB, but price fell by only -10%, which is not much for the crypto market. We dont expect landslide sales for this coin, a maximum of -30-40% from the current ones, and not because of current reasons, but because of the withdrawal of liquidity from the system (read previous posts).

Binance simply will not allow a strong collapse of coin, as this will affect the credibility of their business. We think that Binance is and will continue to conduct so-called buybacks (buyback of tokens), especially if the price falls.

📌 For an example, just look at how weak the BNB coin fell in bear market. Do you think the stock exchange has nothing to do with it?  We strongly doubt it.

🕯 Technical analysis

Coin is trading above medium-term uptrend and is now testing this trend from above. The support level of $258 passes directly below trend line. Above the key resistance level of $339, which price has not been able to break through for more than a year. In case of panic, the price can break through the trend line down and the support level of $258. But below is a very important support level of $223 along which the long-term moving MA200w passes.  Below is emptiness up to $ 138 ...

The price may well fall to the key level of $223 or even lower, but we think that at any price below this level, the exchange itself will actively buy back tokens, since below it is essentially just emptiness.  Therefore, around the $223 level, you definitely need to make purchases, even though it will be very scary! And for those who do not yet have positions on this coin, it makes sense to make the first purchases now, when fear reigns and the price is right at trend line.

You can find even more profitable ideas in the profile header 🎩 If you are interested in analysis of any other asset - write in the comments and I will do it.

#BNB #cryptousdua #Crypto2023 #altcoins #Investideabinance

LTC coin continues its slow upward movement for past 7 months, while most of crypto market is in a bear market. The main reason for growth of this coin is next halving, which will happen in about 2 months.

👀 Check out LTC chart, which shows almost the entire trading history for this coin.  As you can see, the price of LTC started to rise a few months before the halving:

1. Halving 2015.  The price started rising 126 days before the halving.  Moreover, the price grew for 77 days and then went to correction for 49 days.  After that, there was a halving.

2. Halving 2019.  The price started rising 238 days before the halving.  Moreover, the price grew for 189 days and then went to correction for 49 days.  After that, there was a halving.

3. Halving 2023.  The price started rising 280 days before the halving.  The rest of the data is still unknown.

With the naked eye, there is a clear trend that the price is rising before the halving.

However, this year the price of the coin is in no hurry to grow, and there is not much time left! Even more interesting is that each cycle of the beginning of growth before the halving comes later. But what remains unchanged in history is that the beginning of the growth correction comes 49 days before the halving. Also note that pre-halving growth is historically over 500%.

We will definitely add this coin to our medium-term portfolio in channel 💼

Ticker: $LTC /USDT

❇️ Buy market order: 92,5$

🎯 Goals: 105$, 132$ , 180$

📈 Growth potential: up to 200% by the end of the year.

Write in the comments on what other assets you want to get an analysis 🔍

If you are interested in receiving promising ideas on market, dont forget subscribe to channel! In profile you will find a lot of interesting things.

#Investideabinance #LTC #altcoins #Crypto2023 #litecoin

While most cryptocurrency assets are largely following a bearish trend, a few assets worth around $0.10 can be considered promising investments for the week beginning August 7.

Shiba Inu (SHIB) $SHIB

First on the list of the most attractive crypto investments under $0.10 is Shiba Inu (SHIB), a popular dog-themed digital asset. The token was recently added by Binance as a collateralized asset. On the evening of August 4, Shiba Inu was trading at $ 0.000008599, recording a daily gain of 4.47% on top of the previous week's 9.77% increase. Monthly activity is in plus by 14.67%.

XDC Network (XDC)

The proprietary cryptocurrency of Singapore's XinFin Network XDC Network (XDC) recently soared more than Z00% from a one-month low of $0.0Z to a one-year high of $0.08, the highest level since January 2022 and the culmination of a five-day bull rally. While the reason for this success is unclear, the network's team has recently made several collaborations, such as the eWau streetwear authenticity guarantee and the RZ Corda partnership. On the evening of August 4, XDC was valued at $0.08148, up 9.65% from a day earlier. The weekly gain was Z7.45%, with a big gain of 15Z.0Z% for the month.

Kaspa (KAS)

Kaspa (KAS), a PoW Directed Asuslic Graph (DAG) based platform token, has attracted attention due to its impressive performance, which can be attributed to the successful completion of a crowdfunding campaign to list KAS on major exchanges. Against this background, Kaspa is recording growth on all its charts, including the beginning of the year, where it grew by a whopping 78Z.27%. The token is currently trading at $0.04591, up 1.91% in the last 24 hours, up 27.76% in the last seven days and up 100.81% in the last month.

Don't forget that things change very quickly in the crypto sector, so do your own research before investing.

$BNB $SHIB

#shiba #Investideabinance #news #kaspa #xdc

If you still think that Bitcoin is the most protective asset, then you are very much mistaken. Yes, #BTC can help protect your funds from theft, seizure and other procedures that states may arrange. But this asset is still too volatile and this volatility - is price to pay for complete safety of your funds.

In face of major macroeconomic problems in world, we are seeing how Bitcoin begins show weakness and how high-risk an asset it reacts very violently to outgoing negative macro data. Also, once again we want to remind you of the high correlation of Bitcoin with the main index of planet SP500.  This index is now growing due to a small number of companies that are already very overbought by all indicators. Therefore, a strong fall in crypto market and stocks is only a matter of time. And in general, all assets will fall.

🔎 But there is one asset that will grow up!

And in current economic conditions, each more or less large deposit should have it at least 20% of deposit. This asset is #GOLD which, in principle, we have already written about many times before.

We remind you that you can buy tokenized gold, ticker $PAXG /USDT.

In the past 2022, gold was bought at a record pace by global central banks.  Since it is the most liquid asset on the planet with a capitalization of more than 13 trillion dollars! Of course, the largest buyers of this asset are clearly doing it for a reason.

📊 According to fundamentals, gold is ready for a new growth cycle 📈

Gold has almost 100% correlation with the dynamics of 10-year US bonds and dollar index (DXY). The Fed has already reached the limit in raising rates. This means that the yield on 10-year bonds will no longer grow (for gold, this opens the way above the historical maximum). Of course, we will still see a local drop in gold, but the result is obvious.  Gold will break through the three-year resistance level of $2074 and go to renew its highs.

🔽 Technically, gold continues to move within the medium-term upward channel and is already approaching the key resistance zone. The indicators are already overbought and a bearish diver has formed.  Therefore, when all markets fly down, it is worth starting to look for an entry point into PAXG tokenized gold, for those who dont yet have it in their portfolio.

Judging by the chart, minimum pullback target may be in region of $1800-1850 (-10%).

But this pullback is so small compared to the volatility in crypto market that it might make sense to take gold at current prices.

Write in the comments on what other assets you want to get an analysis! If you are interested in receiving promising ideas on market, dont forget subscribe to channel! In profile you will find a lot of interesting things.

#Investideabinance #analytic #forecast

The Islamic Coin team is pleased to provide our community with crucial updates and information on the ongoing development and progress of the HAQQ network. In light of the great interest and investment in the ecosystem, we want to discuss important topics, clarify our commitments, and provide full transparency.
Securing $400 million in funding
The active development of the HAQQ network and the opportunities offered by the Islamic coin ecosystem have attracted significant attention from prominent private investors and venture capital funds. We are pleased to announce that HAQQ has successfully secured $400 million in funding, which is a testament to the project's vision and potential.
Of this amount, a significant portion - $200 million - came from ABO Digital, a key partner supporting the project. This commitment plays a key role in ensuring the long-term stability and sustainability of the project. It is a testament to the confidence and belief in our mission.
Reg D Public sale on Republic
We understand that transparency, compliance, and security are paramount in the crypto space. To this end, we have chosen Republic as our public sale platform for Reg D for US investors and Reg S for investors from other countries. This decision was made after careful consideration and is consistent with our commitment to regulatory compliance.
Republic is a highly regulated platform with a robust structure for conducting token sales. This ensures that our token offering meets all legal requirements, including strict due diligence and Know Your Customer (KYC) procedures. This choice is an important step in our commitment to providing safe and secure investment opportunities for our community.
Important caveatsWe would like to emphasize the importance of conducting thorough research before participating in our token sales. All token sales involve certain risks, and it is very important to fully understand the terms and conditions. For more information, please read the terms and conditions available on our public sale page which will be in the comments
HAQQ Association: Registered non-profit organization in SwitzerlandThe HAQQ Association is an actively registered non-profit organization based in Switzerland. This distinction reflects our commitment to ethical, community-oriented initiatives. Our mission is to foster a financial ecosystem that adheres to Islamic principles, ensuring a fair and equitable financial future.
Bored Gen: An important part of the HAQQ ecosystemBored Gen is an integral component of the HAQQ ecosystem. It plays an important role in the development of the essential infrastructure of the HAQQ network. Our commitment to transparency and accountability is documented in our Whitepaper v2. We are committed to building a trusted ecosystem that benefits all participants and is consistent with the principles of Islamic finance.
A global team for an ethical web3
Our project development team is based in the United Arab Emirates, specifically at the Dubai Financial Market Development Center (Dubai DMCC). We pride ourselves on maintaining our commitment to decentralization by assembling a world-class team from around the world. This approach allows us to work remotely as well as from our office, ensuring that we realize our vision of creating an ethically driven web3.
The Islamic Coin team is deeply grateful for the support and enthusiasm shown by our community. We remain committed to building an inclusive, ethical, and innovative financial ecosystem. Stay tuned for further updates and feel free to join our upcoming AMA to ask questions and interact with our team.
Disclaimer: The information provided here does not constitute financial advice and you should conduct your research and seek professional advice before making investment decisions.
#Crypto2023 #Investideabinance #cryptoshark #IslamicFinance #cryptousdua

“BlackRock, Fidelity, WisdomTree, Charles Schwab, Invesco and Citadel are buying bitcoins. We're moving into a phase called "Bitcoin's Great Accumulation" - a typical news background on Twitter today 💭

🪄It's funny to see how information field literally with a wave of a magic wand (news about BlackRock ETF) turned from a bloody mess into a children's party with pancakes, unicorns and butterflies 🌈 🦄

The media and bloggers seem to have hit their heads and now they are shouting that institutionals are buying up BTC for 30k, although six months ago it cost half as much.

A kind of big hamsters with suitcases of money no longer know where to stick their quadrillions. Do you think big players will buy on highs, on the general hype? Do you think they kindly share in the news about their plans so you earns with them?  🤡

But what if I tell you that according to the elementary principles of the law of supply and demand, buying when everyone is buying is IMPOSSIBLE without a serious increase in price and a deterioration in its average.

Funds of this level cannot physically put their huge deposit into the market when no one is selling to them. When a trillion-dollar fund like BlackRock has a real interest in buying, the markets choke in blood, they write on Twitter that “crypto is dead”, and those who gain positions in the medium-long term throw off coins at a loss, expecting to buy back much lower.

This is the only way to buy a large volume without speeding up prices, and also not to burn your own areas of interest. After all, we have to compete for liquidity with other major players.

And a little visual statistics 💁‍♂️

Literally everyone is longing.

The mood is maximally long, there is greed on market, there are no shortists left.

Do you think we will go in bull market now?

#BTC #Bitcoin #Investideabinance #cryptousdua