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2022 - The Year in Crypto MarketsHi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 2022 has not been the best year for cryptocurrencies. Infact, many popular news outlets are proclaiming that 2022 was the death of crypto. Or that it could be, atleast. As if a long, dry, crypto winter wasn't bad enough, we watched as the market started to unravel at its seams. The first major shockwave that hit the market, was the collapse of LUNA and stablecoin Terra. (Ofcourse the Federal Reserve's interest rate hikes weren't helping either.) The crypto industry in TOTAL is a highly connected and integrated market. It is therefore no surprise, that when LUNA crashed, many companies had suffered serious losses from which they could not recover. Celsius had roughly 1.7 million customers and more than $10 billion in assets, but the market conditions ultimately led them to bankruptcy. Many people on the Terra platform had taken out loans in the stablecoin and used LUNA as collateral. When LUNA's value began to drop along with the overall market decline, it impaired the collateral for many of the stablecoin loans. Many of the borrowers, in turn, couldn't repay these loans because they had used the stablecoins to purchase other investments that had themselves dropped in value. The interconnections among all of these transactions amounted to a 'death spiral' that dragged down LUNA and TerraUSD simultaneously and had negative effects on many investors' portfolios. Remember that back in March, the year's first major hackers hit the market. Hackers targeted the Ronin network, which supports Axie Infinity blockchain gaming platform, and stole $625 million, making it the largest cryptocurrency theft to date. It didn't stop there. Many other major crypto platforms, such as Binance and FTX, were also hacked in 2022, making it the year with the most hacks and highest amounts stolen up to date. Confidence in crypto markets continued to decline, and then shocking revelations around FTX and sister company Alameda Research came to light in a November CoinDesk article. Binance CEO CZ immediately and publicly expressed concerns around FTX's solvency and ability to sustain its self-issued token, FTT . Traders began to withdraw funds from FTX. The FTT price fell from roughly $26 to $1 in just a few days and FTX paused customer withdrawals. FTT was discovered to be insolvent, having misused customer deposits and funds. FTX filed for bankruptcy protection in late November. The previous bailout of BlockFi was reversed and BlockFi was back into bankruptcy court. Crypto markets crashed, again. It is important to note that the failures we’ve seen this year have NOT been caused by a failure of the underlying blockchain technology. Ethereum underwent a successful upgrade in 2022, transitioning from a proof-of-work blockchain to a proof-of-stake blockchain. The tokenomics of Ethereum have also changed significantly, which many believe will benefit the future of the ETH ecosystem. 2023 may start bleak, considering talks of a recession, cryptocurrency regulations and the fact that many cryptocurrency companies and their founders are facing bankruptcy and even the threat of imprisonment. But, the future of blockchain remains! Crypto will survive, because it is revolutionary and as a wise businessman once said - If you want to be successful, invent something that makes the previous version absolute. 🎁 And remember, from all of us at CryptoCheck 🎁 🎁Happy 🎁 Festive Season ✨ _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
by CryptoCheck-
53
🔥THE WORST YEAR FOR CRYPTO: 2022 OVERVIEW AND 2023 FORECAST✅🔥Hi friends! Bitcoin fall from $41 500 to $15 500 by 42% this year. 2022 was an amazing year, especially if you are trading using downtrend strategies. But who will be the winner in 2023? Long or short traders? Read more in this idea! 📊 
WHAT WERE THE MAIN REASON FOR BTC DUMP IN 2022? 1. 
LUNA, UST, and Do Kwon are the first such major crash this year. The algorithmic stablecoin UST lost its peg to $ and pulled down the LUNA token, which it was backed by. Terra LUNA had one of the largest amounts of Bitcoin. In total, they had about 81,000 BTC in their wallets, but this did not save them from the fall. LUNA was top-10 altcoin by capitalization but fall from $110 to $0.01. BTC fell from $31 000 to $17 900 by 44%. 2. FTX, FTT and Sam Bankman-Fried. At that moment, it seems like BTC begin to recover and already reached $21 500 after the 4 month consolidation (accumulation) from June to November. CZ tweeted about FTT sell off just only opened eyes to the problem of the #2 exchange. 🚩 Bitcoin fell to $15 500 but actually, it`s not a huge dump, as was all the year before. This fact indicates that there are almost no sellers in the markets and recovery is highly possible. 📊 THIS HAPPENED FOR THE FIRST TIME IN THE BITCOIN HISTORY The Q1 2022 started with a small fall, but after this, the series of negative events in the cryptocurrency market pushed the price of bitcoin lower and lower. Now we should say that this is the worst year ever. ✅ All 4 quarters (Q1, Q2, Q3, Q4) will close at loss FOR THE FIRST TIME IN BTC HISTORY. 📊 THE PREDICTIONS FOR BTC IN 2023 I name this year THE YEAR OF RECOVERY for the crypto market. BTC will reach $32k as a pullback to this year’s dump with a 95% probability. I think that the #1 crypto has a 70% probability test of $45k. ✅ But first, the price can update the lows and reach $10-12k. So if you are a trader , it will be a really good year because of its volatility. If you are a long-term trader or investor , I would be in the market by 20-40% to not miss the possible growth. Another part of the deposit leaves for buying lower at $10-12k or after making new HH and HL at $21-22k. It will be interesting to check the results in a year. 

Friends, what is your target for BTC in 2023? Write your target at the comments. Please, don`t write $200-300k :) 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
12
FTT vs BNBPlease 1st of all click the boost🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. This is comparison of FTX Token vs Binance Coin , so if the: *price is going up, it means FTT is stronger than BNB *price is going down, it means FTT is weaker than BNB After strong initial impulse down the FTTBNB has been consolidation for almost a year and formed this triangle. Now the price is breaking down out of this triangle📐 and if it really breaks, I think there is chance for drop to 0.034. TARGET being height of the triangle projected from midpoint of the local range (pink). It's a bold call predicting that FTX Token will lose -65% against the Binance Coin. As you know both are exchange tokens, so it's sort of Changpeng Zhao ⚔️ Sam Bankman-Fried battle. 3-2-1 fight! Who is gonna be stronger?💪 Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
FShort
by bizmark
11
FTT to lose another 70%?Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Hi guys! Hope you are doing well even after the FTT/ FTX liquidity debacle which has been sort of indicated by the chart below two months ago: Now it seems we are not done yet, as FTT broke down this triangle 📐 and I think there is chance for run to 0.527 and even lower. This would mean another -70% for FTTUSDT from the actual level! Price is currently sitting at key support trendline (blue) but in my opinion it's just matter of time when it will be broken down which could start another brutal selloff. Stay safe! Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Short
by bizmark
3
FTT is gone!Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Over a month ago I posted prediction that FTX Token will lose 70% of its value against USDT... At that time the price was 1.8, and now it's already almost another -50% down! As the FTTUSDT pair has been delisted from Binance, you can't "play" the original idea anymore, it doesn't load the new data. Anyway here comes new bearish setup in form of triangle breakout with target @ 0.46 which is another 50% loss of value from current level. I guess we will get there sooner or later with pullbacks along the way. Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Short
by bizmark
BNB Hidden Bearish Divergence as it Breaks TrendWe have a Bearish Bump and Run Reversal Top that is Breaking Down on BNB as we show Hidden Bearish Divergence on the Weekly Timeframe . It should first come down to the 100% Retrace at $6.475 but if that doesn't hold don't be surprised to see it come down to the 1.618 Extension at $0.361 :This is an the same setup as the original chart just altered to fit a more stable exchange other than FTX since every asset on that exchange seems to be making strange moves that don't represent the actual market value of the coins elsewhere.
Short
by RizeSenpai
4
🔥WHY SBF ARREST IS A BULLISH SIGNAL FOR CRYPTO MARKET❓🔥 Hi friends! This is finnaly happen: Sam Bankman-Fried was arrested in the Bahamas on Monday after US prosecutors filed criminal charges against him. 🚩 SEC charges Sam Bankman-Fried for conducting “a years-long fraud” in FTX. Court filing claims FTX's founder 'orchestrated a massive, years-long fraud — diverting billions of customer funds for his own personal benefit and to grow his crypto empire. 📊 HOW WILL THE ARREST OF SBF AFFECT THE CRYPTO MARKET? Let me remind you that FTX users lost about $1 billion and this is not yet the final information. But I think that FTX users lost the most not directly, but the entire crypto industry. Together with FTT, Solana fell, as well as many other crypto projects. 🚩 Bitcoin fell by 26% from $21,300 to $15,600. Most alctoins fell by 50%. The crypto market lost $280 billion. ✅ The arrest and trial of the former CEO should have a positive impact on the crypto market for one main reason: ALL FRAUDSTERS WILL BE PROSECUTED. Now every owner and manager of any crypto company will know what illegal actions can lead to. Because of this, everyone will benefit and first of all users who have already lost a lot of money. 🚩 Perhaps the founder of Terra Luna Do Kwon will also soon be in court and will be punished by law. 📊 WHAT WILL HAPPEN TO THE FTX EXCHANGE? The new CEO of the exchange John J. Ray III helped the huge company ENRON with debt restructuring after the collapse in 2000-2001. Perhaps the exchange will survive, but it will be extremely difficult to regain the trust of customers. Bernie Madoff , cheirman of Nasdaq, whose fraud was recognized in 2009, sentenced to 150 years in prison. According to preliminary estimates, it is the largest financial fraud in history. The number of victims ranges from one to three million people and several hundred financial institutions, totaling about $50 billion. 🚩 If SBF's guilt will be proven, how many years in prison will he get? Interested to know your opinion in the comments. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
5
Cycles Exchange giants FTT (FTX, Alameda Research)+BNB (Binance)Comparative analysis. The main trend of the two exchange coins BNB and Alameda Research, and yes the exchange FTX. The time interval is one month. Logarithm. Coins of two liquid exchanges: Binance and FTX . Coinmarketcap: FTX Token Coinmarketcap: BNB Here's what it looks like on a line chart of the price. Is Sam Bankman-Fried a young potential "grandpa" Warren Buffett or a fintech criminal with a life sentence? Could Alameda replicate the success of Binance, led by future PR wunderkind Sam Bankman-Fried, i.e. a young Warren Buffett? A joke? Ta, no... That's his role after his grandfather died. Or is it? Think about it... Do you think the pseudo-asset market, the various cryptocurrency scams, can be compared to the tokenized stock market ? Can you smell XRP?) Right now, in 2022, Binance is a mastodon in terms of cryptocurrency trading. Just like Poloniex in 2017). Think about who is behind companies like Alameda Research ? Why are they allowed to do what others are not? Why can some liquidate, ostensibly for their own benefit, entire projects with billions of dollars in capitalization and a community of millions of people with impunity, while others can't even breathe a breath? Who has the right to pardon or punish? Who can claim such a huge piece of the fat pie as the tokenization of stocks or the materialization of money from nothing (stabelcoins) but the state? Exchanges. Hype and liquidity. Changing market leaders. Therefore, for conservative traders and investors, it is more rational to pay attention to the non-random mastodons of the crypto market. But, keep in mind that they tend to gain or lose fat over time. I didn't write about Poloniex as an example for nothing. It's an example of hype and decline from previous times of popularity. In 2017 there was such an influx of traffic to the exchange that it was impossible to trade. Five years later, things have changed. Liquidity flowed to the new mastodon of hype, Binance. Market cycles of cryptocurrency market spikes/declines . In the price chart, I have shown the time cycles of the cryptocurrency market. This is probably the most important thing everyone wants to know. Most market participants want to scroll through money and increase the amount available "here and now in the moment" - emptying their pockets. Typically, the market of such "burps up" before the next peak in the cycle. Don't be that kind of person. Very few people draw conclusions from their previous mistakes. They admit their mistakes and look for ways to solve them, rather than cite randomness. There is no randomness in non-accidental actions. Notice how the "crypto hamster traffic" has decreased in the market nowadays. I may be writing crudely, but it's understandable. Local reversals occur at times like this. Major FTT trend FTT/USD (FTX, Alameda Research). Main Trend. This is what this zone looks like on the line price chart on a larger scale. Pay attention to what zone the price is in now and at what values of profit. Take this into account in your trading. Main trend of BNB .
FEducation
by SpartaBTC
6
FTT/USD (FTX, Alameda Research). Main trend. The main trend. Time frame 1 week. Logarithm. Cycles are also shown. Coinmarketcap: FTX Token Note that the price is currently in the distribution zone. Over +1600% Which in case of a break-up (downtrend secondary) could act as a partial reset zone. The first potential target is shown. In the case of a breakout of the neck zone (in the case of a return of the price)—temporary sadness. In addition to the currently existing trend line, I have also shown a future potential trend line (the direction of the main price trend) of the negative scenario, depending on the stopping in some of the zones shown on the chart. Just for clarity, I overlaid the chart BNB/USD (Exchange Binance). Time frame and scale are the same. This is what this zone looks like on a line chart. Secondary trend.
FTX:FTTUSD
by SpartaBTC
5
Bitcoin Marco UpdateJust a small update on Bitcoin , the price has infact made new lows but the RSI has not and this is very bullish. When we get these sort of divergences when the RSI is around 30 it is our signal that we are close or at a bottom. I layed a ray line from the bottom of the weekly close in 2018 and aligned it with he bottom of the March 2020 ,which then gives us this diagonal support line. I hate diagonal support lines they fail most of the time and there many ways one can draw these lines but in this case using the bottom of the weekly closes we get one angle. So far this support line has had incredible confluence take a look below. 1h Chart 4h Chart The reaction to this line coming in from last two major bottoms is amazing , there is a high chance that the bottom is in here. I would also recommend checking out this TA from trading shots it is possible that have completed the final stage with "discouragement" by making that lower low.
COINBASE:BTCUSDLong
by Sporia
7