$BMT 4H Update $BMT is bouncing from rising support near $0.0217 and trading around $0.02725 on this chart. Next test is the $0.0296 to $0.0300 resistance zone, where the MA(99) and the previous swing highs sit. A breakout and successful retest could open a move toward $0.0375.
My view: the bounce looks encouraging, but buyers still need to clear resistance. Losing $0.0217 would weaken this setup.
RSI is already around 83 (overbought), so a pullback or retest before continuation wouldn't be surprising. Manage your risk. #BMT #crypto #Binance
The price is trading well above MA7, MA25 and MA99, confirming strong bullish momentum. However, RSI(6) is near 94.5, indicating extremely overbought conditions.
I'm watching for a healthy pullback or consolidation before the next potential move. Avoid chasing the pump!
🔥 Is $KOMA ready for another leg up, or will we see a correction first?
🚨FTX COLLAPSE vs BINANCE HACK: Is Bitcoin Preparing for Another Major Comeback?
History teaches us one important lesson: Every major crisis in crypto doesn't necessarily mean the end of the market. Sometimes, it creates opportunities for long-term investors. Let's compare the 2022 FTX collapse with the 2026 Binance hack. 📉 1. FTX Collapse – 2022 Before the FTX collapse, Bitcoin was trading around $20,000. Following the crisis, BTC dropped to nearly $15,000, representing approximately a 25% decline. But what happened next? $BTC recovered from $15,000 and eventually reached around $126,000 in 2025. That's an impressive gain of approximately 740% from the bottom! The market experienced fear, uncertainty and panic, but Bitcoin eventually made a remarkable comeback. 🚨 2. Binance Hack – 2026 Now look at the current situation. Binance experienced a major security incident involving approximately $6.3 billion in affected digital assets. However, there are important differences: Around $3 billion in affected assets were reportedly frozen.Binance stated that user funds remained protected.The company committed resources to covering the affected losses.Unlike FTX, this was a security incident, not an exchange collapse.Following the news, Bitcoin dropped from approximately $81,000 to $77,000, a decline of roughly 5%. 📊 3. What Could Happen Next? Here's the question worth thinking about: If Bitcoin managed to recover from the FTX disaster and eventually reached $126,000, could it also recover from the Binance incident? In my opinion, a recovery remains possible. If BTC reclaims the $81,000–$82,500 resistance zone, we could potentially see the next targets around: $84,000 $87,000 $90,000 Of course, these are potential bullish targets, not guaranteed outcomes. Further corrections remain possible. 💎 4. Never Ignore Bitcoin's Long-Term Potential One of Bitcoin's strongest fundamentals is its limited supply. Maximum Supply: 21 Million $BTC . Unlike traditional currencies, Bitcoin has a predetermined supply limit. Its scarcity, decentralization and growing global adoption make it an important long-term digital asset. As demand grows while supply remains limited, Bitcoin could become increasingly valuable over time. 🔥My Final Thoughts I believe many investors make the mistake of judging the entire crypto market based on short-term fear. Remember: Crypto markets often transfer wealth from impatient participants to disciplined, patient investors over the long run. That doesn't mean buying blindly or ignoring risk. It means understanding market history, doing proper research and making decisions based on facts rather than emotions. Bitcoin's long-term story is far from over. 💬 What do you think? Can $BTC recover from the Binance incident and make another run toward $100,000 and beyond? Share your thoughts below! #Bitcoin #BTC #Binance #FTX #Bullrun