Speaking of Schiff, the Bitcoin skeptic extraordinaire, he’s been on a rampage on X (formerly Twitter, because why not?). 🦜 He claims Strategy’s model is built on sand and that those “high-yield” preferred shares? Yeah, he says they’ll never actually pay out. 😱 And if demand weakens, it’s a “death spiral”-his words, not mine! 💀
A direct evaluation of the monthly chart doth highlight the $1.78 region as a pivotal structural support. This level sitteth near the mid-range of the multi-month volume profile and hath repeatedly acted as a pivot during prior corrections. Mark well, dear reader, SUI hath delivered multiple higher-timeframe wicks into this zone without a confirmed candle close below it-evidence that buyers remain active, even amid a 24% monthly drawdown. 🏹
DOGE’s price, like a deflated balloon, has tumbled 1.48% since yesterday. Who needs a rocket ship when you’ve got a leaky inner tube? 🎈
Ah, Bitcoin, that tempestuous darling of the financial world, is currently in a bit of a tizzy. The Fear and Greed Index has dropped to a three-year low, leaving investors clutching their pearls and reassessing their portfolios. 🧐 Timothy Peterson, that clever chap, suggests more losses are on the horizon. How dreadfully exciting! 🌪️
Teresa Goody Guillen, that indefatigable defender of Zhao’s honor, confronted Anthony Pompliano on the Pomp Podcast with the gravitas of a prophetess summoning fire from heaven. Her verdict? A masterstroke of sarcasm: “Impossible. It could never happen.” As if the blockchain itself, that immutable ledger of hubris and hope, had deigned to whisper its verdict through her lips. 🧾
And what’s the cherry on top? Oh, just a cool $1 billion worth of BTC hitting exchanges in the last 72 hours. 🤑 Yeah, you read that right. Investors are dumping their coins like they’re hot potatoes. Or maybe they’re just really into Black Friday sales already? 🤔
Technically, ETH’s V-shaped recoveries are absent, and the pattern mirrors mid-November’s breakdown, leaving $3k exposed. 🤷♂️
Meanwhile, XRP is still playing hard to get-like that one friend who refuses to leave your couch. It’s stuck below several major moving averages, which sounds fancier than it is: basically, all the big, mathematic-y lines are saying, “Hold up, buddy.” So, while transaction volume went bananas, the price stayed anchored at the $2.30-$2.35 range, which is basically the crypto equivalent of sitting on the couch because you’re too lazy to move. Still, even with all that technical gloom, you gotta love the fact that every dip attracts buyers like moths to a flame. The market’s saying, “We’re not crashing today, thank you very much.”
Once again, XRP faced intense selling pressure, testing its very soul at key support levels. But never fear-its dramatic, high-volume V-shaped reversal came to the rescue, as if to say, “Look, I’m not completely washed up just yet.” 🤷♂️
Now, before you grab your binoculars to spot any of those elusive “technical details,” let’s break it down: the update introduces new features that allow creators to download their app’s source code, make some custom edits (presumably while drinking a cup of tea), and then re-upload the masterpiece back into the Studio. A marvellous idea, isn’t it? A proper mix of simplicity for the non-tech crowd and a bit of wizardry for the more “seasoned” coders.