Alexas58:
Agony of a trader!
In-depth $BTC analysis!
Always remember that $BTC is an indicator for the general crypto market, and so its signals are very important for the crypto market as a whole!

Btc has been consolidating since 29th of February 2024, within the 58k -74k region


Watch the consolidations!
We had a first rally that took $BTC from 59k - 74k, then
74k- 60k, then
60k- 72k, then we had a little mini rally from 72k - 64k, then
64k- 73k

Now, why we are here!

After the rally that took $BTC from 64k - 73k
Something exciting just happened
Do you know what happened?
$BTC failed to rally back to its all time high, rather than rallying back to its all time high, don’t know what it did?

73k - 59k, a little above the first support of 58k

Then this is why you’re here.
Watch closely, after the break from 73k - 59k
Btc staged another rally, this time the rally topped at 67,600 , which was not upto its former high of 73k.

If you look closely, a head and neck
Pattern was formed. We might go lower towards 48k

48k is too small.

Is it only the head and neck you looking at?
Can't you see Nose is out of alignment and the ear is a little bit over bent out of its natural position.

If you look closely we might go lower to 15k or so. THANK YOU

Abeg make una pity this azaland before him go commit suicide for here.


Economy no good everybody dey find wey, maybe e don bomb Yankee finish e no pay, e Wan come try e luck for crypto currency thread.


Azaland at least I know say u fit see one mumu wey fit invest 10$ for your aza to help ur business... Pele

iLegendd:
My final purchase will be in September. So, this is why my USDT is intact even though I'm currently shorting and also longing the market.

There will be a relief rally in 3-4 days, first week of next month, then more alt dumps.

so when should we be expecting a pump?

santos123:
There are more red days than green days, nothing wey you fit tell me. The red days are far more stronger than the green days. Chai

we are still in bear market, nothing you fit tell me

seanwilliam:
Omo this rollercoaster is too much 📍
Where are we going gan gan ?
Abi bull na 2025? Omo me tire o

I no go talk till around September, if I no see bull run... I go just commot my mind for anything crypto..

If Na 10naira remain for my wallet I go just collect am disable all my account

Okeytus:
Must u sell your phone to buy bike?? I wonder what type of corper that can stay without a mobile communication gadget. How do u intend to keep this thread alive if you sell your phone? I will say you are not genuine.

you are a genius.


When I saw that statement, I knew he was indirectly seeking for sympathy to scam off nairalanders

descartes400:


Even at that, an OTP will still have to be sent to your registered phone number to validate that specific transaction.

Wetin u no know pass you, that's all I can say

faceland:


If someone who knows your pin isn't with the card... In Nigeria, no one has that technology to remove your money via website.

If not for the oyinbos, I can snap my ATM card front and back and post here because you can not finalize the withdrawal without phone verification (even if successful, it is pending in ledger balance for a few days).

Show screenshot of the alert, you probably took loan or connected your card to one of these shitty apps with right to withdraw at my will.

dey play,

You don't know they are website that all they need is your card number, issue date and 3 digits at the back of your card for you to order from they website. Make I no talk too much before I go cast format. I'm not into fraud before person go talk another thing, just basic knowledge..


Just be careful wetin u no know pass u ooo

Where's is that guy that used to scream sell your crypto and dump your dollars.



This life Sha, Nigeria go humble you

Imagine buying dollar at N1090 and selling at this point... Mehn some nice profits

Daystar7:
Naira- Dollar exchange rate is now in the news more regularly cos it's has been floated by a new government that failed to put the necessary measures in place to make it stable. It easy to blame the past government for backing the dollars, which is bad in itself cos it makes the government lazy and comfortable but you have to consider that we produce and export nothing aside crude oil that's stolen everyday recklessly. This crude oil is in turn imported and sold at a subsidized rate. It's important both subsidies are removed but then how you go about it is the most important aspect and requires consultations with the best hands and head available and long term planning.
This is why it's important to elect intelligent and credible hands.
I think Tinubu heard his opponents talk about how they were gonna remove this subsidies and just carelessly did it trying to appear smart without trying to know the intricacies involved. We are not against Tinubu for removing fuel and Naira subsidy but the way and manner it was done. This two things is like air and water to Nigerians and a very delicate part of the lives of Nigerians.
You don't cut off a head cos of headache and that was the approach Tinubu used.
This why destructive criticism is bad and this is the aftermath of engaging in such, the Bible says let him that stand take heed lest he falls and asked us to refrain from judging others. When u get in the habit of judging others u won't see the plank in ur own eyes cos you'll be busy with the speck of dust in the eyes of the criticized. That's the problem of APC. The party campaigned and built its foundation on hate, criticism and bigotry. Go back to the kind of atmosphere Nigeria political atmosphere Nigeria was in 2014 and you will see that the accusations by Batists on Obidients is nothing but child's play. That's how toxic it was. Kids enjoyed watching cartoons mockery of the president and his wives, unnecessary protest every where not born out of true patriotism but dishonest ambition. Subsidy wasn't good for us then and was supposed to be removed but the people who actually knew better lied to Nigerians, decieved the populace just for selfish unpatriotic reasons while things deteriorated badly just to achieve selfish dreams. That's the price we are all paying. I didn't vote as at that time but I was already of voting of voting age then in the university and didn't fully understand what was going on. I thought Jonathan was really bad for the masses to be against him but my happiness was I didn't campaign against him or joined the bandwagon to castigate and mock him. It was during my service year in Katsina that I truly understand who Buhari really was. That man was a true Islamic Jihadist. He wasted the lives of millions of christians in the North cos of loosing elections in 2011. Was supposed to be languishing in jail paying for his crimes but Jonathan paid for his unwillingness to be brave and put him exactly where he belongs. I look back today and i blame him for being too timid. Today you still see him fraternizing with the Men that disrespected and dishonored him. That's to show you the kind of man he's. A puppet! Little wonder his wife was so vocal and too many looting and corruption happened under his very nose. He messed up at every turn due to his inability to put his foot down and stand on business. A faint hearted man. I understand coming from a minority tribe he was surrounded by wolves and instead of toughening up he chose to appease them. The wolves smelt the weakness and came for his blood. Human psych is like that. Men will choose wicked cold blooded dangerous men to lily livered nice men. Buhari removed the subsidy but didn't want to noise about it cos he was part of those that lied about left it into the tenure of his successor to take the hypocrisy and hear off himself and Tinubu became the fall guy. He also took the fall by nailing himself when he made that speech on his inauguration day. He was a bit too anxious to show off his leadership capacity only to self sabotage himself.
Today you hear things like, Tinubu is brave for removing fuel subsidy, what others before him couldn't do. They forget Jonathan did and it was on it they laid the falsehood campaign that hounded him out and Buhari was the person that put it the fuel subsidy removal in place. Tinubu trying to chase vain glory nailed himself with the needless speech of removing fuel subsidy that was already removed by Buhari. This gave me worries cos for Buhari who we saw as "slow" to make such move only for supposed smart Bobo Chicago to take such a fall for Buhari's clandestine move shows someone isn't really as smart as they claimed. Instead of taking his time to see how far the impact of that inglorious speech will go he also hurriedly floated the Naira putting everything into a total frenzy of chaos.
Today everything seems shady cos money saved from subsidy should increase our reserve but we see the opposite. Naira is being backed, same thing others was criticized for same as fuel subsidy cos fuel ought not to be less than #1200 without subsidy. Now we see a lot of cosmetic approach by the CBN, trying to force the Naira down which is why it's not reflecting on the market cos there's no fundamentals to put the technical and sentimental analysis in place. A very wrong and chaotic approach.
Buying and selling the dollar is now a very volatile venture to go into which is why I've split my Naira and USD holdings in two. I know USD will always remain a safe haven but I know not to see it as an investment cos with the current approach by the CBN and the economic team we can wake up a $ for #300 only to see same $ for #2500 the next day. It has become a complete chaotic economic atmosphere.
Nothing has been done so far to restore sanity and organization just propaganda, continuous borrowing and new projects while the existing ones in need of maintenance are left to rot.

Nigerians and the youths especially should shun ethnoreligious bigotry and ask for good governance. I'm Obidients, but Tinubu is the president but that doesn't mean I'll partake in destroying the country cos Obi is not the president today. If we destroy it today what will Obi work on if he eventually becomes president.
We must not tow the APC path, it's very dangerous. APC should as a matter of fact start doing something tangible in the aspect of Power generation, and security then agriculture and manufacturing for export esp turning out abundant minerals to finished products for export. Stop creating new projects and work on improving existing ones.
I feel they should have worked on the old refineries and allowing private investors to run it while the government shadows the operations. The likes of Adenuga, Otedola, Ibeto, Dangote can be the investors instead of giving Dangote subsidized forex to build a private refinery adding our crude oil to his monopolistic conglomerates. Naira- USD is now more volatile than Bitcoin and that's is bad for the country. I'm a forex trader who majors on EURUSD currency. So I know what I'm saying

you were making sense until I saw 'with the approach cbn is making we might see dollar at N300'

This single comment just sabotaged your effort to being knowledgeable

Allthelight:
if you are talking about the usdt has been hitting the support for sometime now.. It bounced few days ago..

It will either fall below 1k line next month or get another highs.

u wan form analyst?

Dollar at N1420??


Abeg is dollar still going to 700naira?..Asking for a friend

I still dey try recover from my current losses,

Na him person dey tell me Make I put money for azaMan coin abi aza wetin, you for kukuma carry knife shook me make I know say u wan finish me patapata for this crypto space.


Even the name alone dey sound like wetin yahooboY Wan take cashout this season

Hoelujohn:

You ain't smart. Something bigger is coming from stable of EFCC and CBN. Withdraw your money from banks

Na your family and future generations wey no smart

Your mother is an imbec1le, fool

sammiewrite:
Attached is the latest from CBN. Vendors and everyone else, be at alert and careful.

But how person go just calm down, take his time fabricate this kind of false news. The person no get work ni?


People dey for this life I swear

Tflex01:


My best decision this year.

your body don dy tininini you


Better collect your profit, before you go wake up see yourself for where you dey before

princedukee:
Bull run still dey this year

which bullrun u dy talk about again.. e be like you just dey wake up now


Bullrun Don finish since na

Asmmi:
Why worry. Go to other supermarkets. Why must you go there?

your useless mother should be ashamed of you.

I know say u go be one abok1 guy, cos Na dem dy get cow brain


Useless ba$tard

Can't this dollar just be stable even if e Wan go to 500naira make e dy stable, or if e Wan pump to 2000naira make e remain for one place.


If I dy monitor when to buy crypto asset, I go come dy monitor when to buy dollar

Everyone expecting dump or no change after halving only means one thing


A big pump is coming, I have observed this scenerio so many times btc always does the opposite of the market sentiment.


If you are very sure say btc go dump, short everything in the market with everything you have

DrAkpamudehe:

I see more bloody tears on this thread after tomorrow for the next 8months after halving.

bro if anyone have been in Crypto since late 2021 up till this moment. I don't think anything will make them cry at this point


Wetin we go see wey we never see before... We are already too close to the promise land

otipoju:
I wish you bigger things. Once upon a time I dey earn 18,000 naira monthly and was told I should not leave the job because there is no work out there.

I called their bluff and went unemployed for 9 months while trying to improve myself. Today my daycare fees alone monthly is roughly 2 million naira.

Why am I telling you this story. So you know that you have not arrived yet and you have bigger fish to fry.

Use half of that money and learn an international in-demand digital skill that can make you work remotely from nigeria and earn really good money in dollars.

You won't regret it. Stay blessed.

pls which digital skill did you learn

This one everyone dey expect dump everywhere, even after halving


Who con dey talk say this year bull run na

GRACEGLORY:




This is one of the best deals we could have hoped for on ALTS. ALTS season will come, be patient. Some of have been humbled for three years already

what if it never comes, this bull runs seems to be all about bitcoin... Damn!!

Person way get high blood pressure no fit do crypto

Altcoins wetin dey happen na

Bullrun have come, newbies Don start to dey come out, Wan learn crypto


For bear market I no see anybody talk say e Wan learn crypto for here o

Chikacha:


If this is how you truly are, It is so impossible for you to be rich. Elephants would grow wings and fly before you come out of mediocre lifestyle.

mumu

I'm already rich

Superpack589:

Guy shut up your dirty mouth. You no get shame? No be your mate dy predict things for here? Your own na to dy insult. Abeg if you don't contribute anything here, please don't attack those contributing. Predictions cannot always be 100% right. This is 2024. Apply some sense and don't disgrace your family here abeg.

your papa

iLegendd:
Finally, here he is, calling people slõwpoke and stûpid cow.

Hmmm. Some hereditary are curses. Anger, frustration, blame game, always waiting for others to fail so he can mock them, cussing and abusing others at any slight provocation.

God will protect the woman you married or will marry because you're capable of killing her at home from little provocation. You have anger issue.

I rest my case — you're suffering from intermittent explosive disorder.

If I'm going to be honest with you, your type should be sent to God faster, else, you'll send a lot of people to God or cause them pains with verbal or physical abuse.

I spit on your kind. People should avoid you, Sheanzy. You're toxic and even arrogant about it. You can't change. You're a bitter soul.

No one should take you seriously because before they know it, you'll start abusing them. For our sanity, you'll be avoided by me and other sensible people.

Your upbring is faulty. This is what lacking a father figure or having a toxic father/mother figure causes.

Even when I lose lots of money in crypto, I still smile and don't abuse people except they toyed with me first. Even when they abuse me first, I'm still lenient with my replies.

I pray you heal from this disease and I wish you the very best as you mend your ways and become a better person for the sake of humanity and people around you.

;Dmumu, u even get time dey go through my profile

Fool continue

I'm still waiting for your 30k,ewu hausa

iLegendd:
Big men have liquidated poor men like us.

Those pumping machines are real. They really came for my 56.5k / 56.9k liquidation. I told you guys, these people never spare me, but I got it handled.

This bull run will be fire.

shut up

Is it not the same you that was calling for 30-35k before making others to be scared of entering market