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- ๐๐Why Is Bitcoin Down Today?๐จ๐
๐๐Why Is Bitcoin Down Today?๐จ๐

Get Smarter About Crypto
โฟitcoin reached $41,544.
โขEthereum reached $2,468.
What we will talk about today...
๐ฐ๐Elon Musk was amazed by Cathieโs revealed the true power of Bitcoin!
๐จ๐ Bitcoin Alert: Warning Signs for Price Drop!
๐๐ค Trump Releases Exclusive Bitcoin NFT Trading Cards!
Elon Musk Wow-ed by Cathie Wood's Bitcoin News!

Elon Musk just had a "Wow" moment when Cathie Wood from Ark Invest shared a secret about Bitcoin's incredible strength. Let's break it down.
๐ The Secret: Bitcoin's Superpower
Cathie Wood is all in for Bitcoin, even after recent ups and downs. She shared info saying Bitcoin's computer network is stronger than Amazon, Microsoft, and Google combined. Elon Musk's reaction? A simple "Wow."
๐ Big Numbers: Bitcoin's Strength
The info showed Bitcoin's hash rate hitting 500 exahashes per second this month. This huge number proves Bitcoin is super secure, leaving big names like Elon Musk amazed.
Bitcoin's hash rate hit an all time high 500 exahashes/s this month.
To highlight the enormity of this number:
- For every star in our galaxy, the Bitcoin network is calculating 5 billion computations per second.
- It would take ~2000 years for the entire global population,โฆ twitter.com/i/web/status/1โฆโ Yassine Elmandjra (@yassineARK)
12:58 AM โข Jan 19, 2024
๐ก๏ธ Safety First: Wood Talks Bitcoin
Cathie Wood isn't alone. Michael Saylor from MicroStrategy calls Bitcoin a "tech marvel" that's here to stay. This clashes with doubters like Jamie Dimon, the JPMorgan Chase CEO, who recently called Bitcoin a "pet rock."
#Bitcoin is a reality. Itโs a technological marvel, and people need to start recognizing that itโs here to stay.
โ Michael Saylorโก๏ธ (@saylor)
3:08 PM โข Jan 2, 2024
๐ก Wood Fights Back: Defending Bitcoin
Cathie Wood didn't just share Bitcoin's power; she also defended it against Jamie Dimon's negative words. She said, "Data shows Jamie's wrong," standing up for Bitcoin.
๐ฐ Wood's Bitcoin Move: A Smart Choice
Wood isn't just talking. She shared that 1% of Ark Next Generation Internet ETF's funds are in the Ark 21 Shares Bitcoin ETF, showing she believes in Bitcoin's future.
๐ Bitcoin Check: Holding Strong
Bitcoin is standing firm at $41,546, up by 1.10% in the last 24 hours. The crypto world is excited about more secrets coming out about Bitcoin.
๐ฎ In Short: Musk's 'Wow' and Wood's Bitcoin Truth
Elon Musk's surprise and Cathie Wood's reveal are shaking up the crypto world. Bitcoin's hidden strength is taking the spotlight, challenging doubters, and starting a new chapter in the crypto story. Get ready for more surprises from the crypto universe! ๐๐๐ฐ
Subscribe & Join Us as we uncover the fascinating crypto mysteries.
Veteran analyst Filbfilb, who predicted Bitcoin's top at $48,000, is sounding the alarm. Let's break down the signs that might mean trouble for Bitcoin's price.
๐ The Issue: Trouble on the Three-Day Chart
Filbfilb points out a concerning pattern on Bitcoin's three-day chart on X (formerly Twitter). Brace yourselves โ when this chart goes below the daily 50-period simple moving average (DMA), it usually means a price drop. This happened before Bitcoin hit its all-time high of $69,000 in November 2021.
3 Day red with a break below 50 DMA.
There are a few examples of this happening in the past.
โ filbfilb (@filbfilb)
12:43 AM โข Jan 19, 2024
๐ Recent Drop Raises Eyebrows
Bitcoin took a quick dip to $40,600, almost a 20% drop from last week's highs. It bounced back above $41,000, but many traders and analysts are still unsure, especially in the short term.
๐ Analyzing Bitcoin's Fate
Filbfilb's past accuracy in predicting Bitcoin's top adds weight to his current caution. The three-day chart's dance with the 50 DMA is worrying the crypto community.
๐ก Market Talk: What Traders Say
Market players are cautious. Tedtalksmacro sees $40,000 as a crucial level, while others think the mid-$30,000s could be a bounce zone. Traders like Crypto Ed are skeptical, expecting another small drop before a possible bounce.
๐ In Short: Bitcoin's Rollercoaster Continues
As Bitcoin hangs in the balance, traders are on edge. Filbfilb's watchful eye and the three-day chart's history hint at a storm ahead. Will Bitcoin ride it out, or are we in for a wild ride? Stay tuned for the next chapter in the crypto drama! ๐๐๐
Trump Releases Limited Edition Bitcoin-Backed NFT Trading Cards

Ex-President Donald Trump has launched unique Trump Digital Trading Cards on the Bitcoin blockchain. These limited-edition cards, called Mugshot Edition Bitcoin Ordinals, are super rare, with only 200 made.
๐ Collector's Dream: Trump on Bitcoin
The 'Collect Trump Cards' X account shared this cool news. Using Bitcoin Ordinal tech, these are the first Trump Trading Cards on the Bitcoin blockchain. Only 100 lucky collectors buying the Mugshot Edition with crypto (WETH) on collecttrumpcards.com get an exclusive one-of-a-kind Trump Digital Trading Card as a Bitcoin Ordinal.
๐ Trump's NFT Journey: Mugshots to Bitcoin Ordinals
This follows Trump's NFT debut in December 2023, where Mugshot Edition buyers got a piece of his iconic mugshot suit. He reportedly sold 1,325 ether, about $3 million. Social media buzzed with congrats screenshots, highlighting Bitcoin Ordinals as a cool way to put data on the Bitcoin blockchain.
๐ Unique Inscription: Bitcoin Ordinals
"Bitcoin Ordinals are a cool way to put data, like art or Trading Cards, on the Bitcoin blockchain," says the official message. It's a special method that makes Trump's NFT series even more unique.
๐ Trump's Crypto Journey: Skeptic to Pioneer
From crypto skeptic in 2019 to embracing NFTs in December 2022, Trump's journey with cryptocurrencies is a wild ride. He's changing how we see politics and blockchain.
๐ Collector's Joy: Prizes and Rewards!
Trump's NFT cards bring cool rewards, like dinners at Mar-A-Lago and golf sessions with the former president. The website proudly shows off collectors with these awesome prizes, building excitement for Trump's digital collectibles.
๐ In Short: Trump's NFT Story Continues
As Trump gets deeper into NFTs, collectors are eager for more. The mix of Mugshot Edition and Bitcoin Ordinals adds a new chapter to this digital adventure. Will you get a piece of history? Stay tuned for Trump's NFT updates! ๐๐๐ผ
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Stay tuned for more twists and turns in the crypto world & Happy Investing๐๐