Act I : The AI Prophecy narxACT

New Canadian prime minister's past criticism of $BTC resurfaces Canadian Liberal Party leader Mark Carney, who is an opponent of Bitcoin (BTC), has been elected as the country's new prime minister, Cointelegraph reported. Back in 2018, while serving as the Governor of the Bank of England, Mark Carney criticized Bitcoin in a speech, highlighting its "serious deficiencies" due to the cryptocurrency's fixed supply cap. He argued that "recreating a virtual global gold standard would be a criminal act of monetary amnesia." However, the Canadian official also took issue with treating BTC as a store of value and cautioned against the coin's role in fueling a global speculative mania. In addition, Carney is considered an advocate for central bank digital currencies (CBDCs). “The most likely future of money is a central bank stablecoin, known as a central bank digital currency or CBDC,” said Carney.

4. If you're a trader, act like one. If you're an investor, act like one. Don't get the two confused.

Train your 👁️ to spot where is sitting the liquidity on the chart, and take it into consideration when you are building your plan. Ask yourself : - Where are all the Stop Loss sitting ? - Do I really wanna be sitting with everyone ? Ready to get wreck ? If you were a MM, your job is to steal retail's positions in order to fill your orders. Only when they took everybody out, and then filled their positions that the real move can happen. If your level is strong, price will come back as these areas act like magnets. So you should be patient. Notice how price go passed your zone sometimes, printing a wick over it. This is massive liquidation and it happens SO fast. A clear sign they are probably gonna fill a lot around the area. MMs don't have time to fill all their positions while it happens and this is why price come back. If the zone is still valid, you can enter with little worries. The safest LO will be the most hidden zone on the chart, often far from retail expectations. In these zones, MMs are less likely to liquidate trader positioned there as they already cleared the path before reaching the zone AND they would probably liquidate their selves. It is like a book with blank pages. Often you see these zone have a perfect landing on them and are powerful enough to make significant %. When you get in these zones, you still need to manage your position as price can come back eventually in the mid term. Meaning you should take profit and take careful decision about your SL.

XRP Price Analysis: Is the Head & Shoulders Pattern Signaling a Deeper Fall? 🚨 The crypto market is buzzing with volatility, and XRP is showing some critical signs that traders should keep a close eye on. Currently trading around $2.1507, XRP has already dropped 7.57% today, and the chart patterns are hinting at a potential deeper drop. --- Key Observations from XRP/USDT Daily Chart 🔻 1. Head & Shoulders Pattern: XRP is forming a classic head and shoulders pattern, often a bearish signal. If this pattern completes, XRP’s price could fall further, with the next major support level around $1.75-$1.78. 🛑 2. Support Levels to Watch: The immediate support is around $2.00-$1.95. If this level holds, XRP could bounce back temporarily. But if it breaks, the next stronger support lies near $1.75-$1.78. This is a critical zone to monitor for a potential price reaction. 📈 3. Resistance Levels to Keep in Mind: If XRP manages to recover, the first resistance will be in the $2.50-$3.00 range. The major resistance remains around $3.00-$3.50, where selling pressure could intensify. 📊 4. Volume Profile Insights: There’s significant liquidity around the $2.50-$3.00 range, which might act as resistance if prices bounce. Below $2.00, volume drops off sharply, suggesting that if XRP breaks this level, it could fall quickly towards the next support. --- Potential Trading Scenarios 🚨 1️⃣ Bearish Scenario: If the $2.00 support fails, XRP could drop to $1.75-$1.78 quickly. This aligns with the completion of the head and shoulders pattern. 2️⃣ Bullish Bounce: If buyers step in around $2.00, we could see a short-term bounce. However, unless XRP reclaims levels above $2.50, it’s just a temporary relief. --- ⚠️ Advice for Traders: The market is highly volatile, and XRP’s current setup is risky for beginners. Always wait for confirmation at key levels and set strict stop-losses to manage risk. Experienced traders can look for scalp opportunities during bounces, but caution is essential. 💡 Remember: In such conditions, patience is a trader's greatest weapon. Wait for the market to show its hand before making a move. --- 📣 What’s Your Take? Are you eyeing XRP for a long-term hold, or are you trading the short-term volatility? Let’s discuss! #XRP #CryptoAnalysis #MarketUpdate #Bitget_Insights #CryptoTrading #XRPPrice $XRP $BTC

$PI the very right time to buy this coin. Act now or regret later