CryptoEmer

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BREAKING: Bitcoin’s weekly candle just closed below the 50-week moving average for the first time in 2 months. From here, there are two paths: 1) If the bulls manage to get $BTC back above the 50-week moving average this week, a classic fakeout designed to trigger panic selling will be confirmed. 2) If we see another weekly close below that level, prepare for a drop to the low-$60,000 range. $ETH $BNB #CPITestsDecemberRateOutlook {spot}(BTCUSDT) {spot}(ETHUSDT) {spot}(BNBUSDT)
BREAKING: Bitcoin’s weekly candle just closed below the 50-week moving average for the first time in 2 months.

From here, there are two paths:

1) If the bulls manage to get $BTC back above the 50-week moving average this week, a classic fakeout designed to trigger panic selling will be confirmed.

2) If we see another weekly close below that level, prepare for a drop to the low-$60,000 range.

$ETH
$BNB

#CPITestsDecemberRateOutlook
🔴History of BTC declines after U.S. midterm elections: 2014 -47% in 71 days (January 2015) 🟢Recovered and ended up +23% after 12 months. 2018 -46% (-50% at the low) in 39 days (mid-December 2018) 🟢Recovered and ended up +45% after 12 months. 2022 -15 to -18% in 13 days (during the FTX collapse) 🟢Recovered quickly and ended up +93% after 12 months. ⏰️Time to recover pre-election levels: between ~1–2 months (2022) and several months (2014 and 2018). {spot}(BTCUSDT) {spot}(BNBUSDT) {spot}(ETHUSDT) #USMidterms-WhatAreMarketsExpecting?
🔴History of BTC declines after U.S. midterm elections:

2014
-47% in 71 days (January 2015)
🟢Recovered and ended up +23% after 12 months.

2018
-46% (-50% at the low) in 39 days (mid-December 2018)
🟢Recovered and ended up +45% after 12 months.

2022
-15 to -18% in 13 days (during the FTX collapse)
🟢Recovered quickly and ended up +93% after 12 months.

⏰️Time to recover pre-election levels: between ~1–2 months (2022) and several months (2014 and 2018).

#USMidterms-WhatAreMarketsExpecting?
🇺🇸 The U.S. midterm elections are taking place today, and they’re bullish for Bitcoin in the long term. History shows that the price of $BTC has always risen in the 12 months following the last 3 elections. 2014: +24.5% 2018: +44.9% 2022: +92.3% And these elections are very important for crypto. The CLARITY Act is already stalled in the Senate, and if Democrats win, its chances of passing would decrease even further. Not only that, but a Democratic victory could even push Trump to launch new attacks against Iran, resulting in high oil prices and inflation. But all of this will affect markets in the short term. Once the uncertainty surrounding the elections and the war is over, liquidity will start flowing into crypto, pushing our portfolios to new highs. #USMidtermElections {spot}(BTCUSDT) {spot}(ETHUSDT) {spot}(BNBUSDT)
🇺🇸 The U.S. midterm elections are taking place today, and they’re bullish for Bitcoin in the long term.

History shows that the price of $BTC has always risen in the 12 months following the last 3 elections.

2014: +24.5%
2018: +44.9%
2022: +92.3%

And these elections are very important for crypto.

The CLARITY Act is already stalled in the Senate, and if Democrats win, its chances of passing would decrease even further.

Not only that, but a Democratic victory could even push Trump to launch new attacks against Iran, resulting in high oil prices and inflation.

But all of this will affect markets in the short term.

Once the uncertainty surrounding the elections and the war is over, liquidity will start flowing into crypto, pushing our portfolios to new highs.

#USMidtermElections
URGENT: $BTC just fell below $80,000 and $ETH below $2,300. More than $130 million in crypto long positions liquidated in the last 60 minutes. Another leverage sweep #FedWatch {spot}(BTCUSDT) {spot}(ETHUSDT)
URGENT: $BTC just fell below $80,000 and $ETH below $2,300.

More than $130 million in crypto long positions liquidated in the last 60 minutes.

Another leverage sweep

#FedWatch
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Bullish
Bitcoin was rejected at the 50-week moving average (50W MA). We need to close the weekly candle above it to confirm that the $57,000 marked the bottom and that the real bull market has started. What’s worrying is that, the last two times Bitcoin was rejected at this point, there was a significant drop. If $BTC closes below the 50-week moving average, the next support lies at $75,500. If this level breaks, the next key point to watch is the 200-week moving average (200W MA), which is currently around $65,000. $BNB $ETH #EtherRalliesAsBearishBetsLiquidate #ClarityActFacesProceduralVoteSept15 {spot}(BTCUSDT)
Bitcoin was rejected at the 50-week moving average (50W MA). We need to close the weekly candle above it to confirm that the $57,000 marked the bottom and that the real bull market has started.

What’s worrying is that, the last two times Bitcoin was rejected at this point, there was a significant drop.

If $BTC closes below the 50-week moving average, the next support lies at $75,500. If this level breaks, the next key point to watch is the 200-week moving average (200W MA), which is currently around $65,000.

$BNB
$ETH

#EtherRalliesAsBearishBetsLiquidate
#ClarityActFacesProceduralVoteSept15
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