Tarot reading on Bitcoin today

Woo-woo alert!! So basically I am a Bitcoin maximalist who preaches to no-coiners about how their life is going to shit if they don't start buying. I'm also a Tarot reader and decided to share my reading on Bitcoin today. I pulled three cards: The Magician, The Hierophant, and the Four of Wands. Here’s how I interpret them in relation to the market and global events:

• The Magician (a magician stands with one hand pointed toward the sky and the other pointed toward the ground) : Bitcoin is the magician, with its message being spread high and low, to all corners of the world. There are new ways emerging that Bitcoin will disrupt the financial system, ways that will cause a shit storm for those who have not been paying attention.
• The Hierophant (pictures a high-priest sitting on a throne, seated between two pillars): Bitcoin is the high-priest, watching the blazing idiots of the world pretend that their power is greater than bitcoin or blockchain tech. The institutional powers that are in control of the world financial system are starting to realize that they are fucked.
• Four of Wands (pictures a man and a woman standing in front of a castle in celebration): This card points to accomplishments that were in the making for a long time. Also represents stability and the arrival at an important milestone.

🚨 Solana Whales Dump SOL Amid Major Token Unlock

🚨 Breaking News in the Crypto Space 🚨

Today, a significant wave of selling hit the Solana ($SOL) market as numerous whales decided to unstake and dump their holdings. According to blockchain analytics by Lookonchain, four high-profile transactions totaled over $3 million, with the largest one involving a staggering 258,646 $SOL valued at approximately $30 million.

This selloff has been fueled by the bursting of the recent meme coin bubble, causing $SOL to plummet by 60% within just over two months. The substantial pressure is exacerbated by a major token unlock event, as around $200 million worth of $SOL became available on April 4. This unlock represents the largest single-day availability of staked $SOL expected until 2028. Over 425,266 $SOL worth $50 million was unlocked, with a substantial portion moved to prominent exchanges like Binance, Kraken, and Coinbase.

This surge in unlocked tokens tends to add a bearish outlook, increasing the circulating supply significantly. Meanwhile, the price of $SOL has taken a hit. It dropped over 4% in value during the day alone, hitting an intraday low of $112 before a slight recovery. This trend highlights a more substantial decline than the overall crypto market, with $SOL losing over 16% in the past week.

As the Solana blockchain primarily supports memecoin minting and trading, the collapse of this bubble has impacted both network activity and revenue, pushing $SOL prices down to the lowest levels seen in over a year.

Stay alert, traders, and keep an eye on these developments in the ever-evolving world of crypto assets.

memecoin #crypto #solana #Ethereum #ai #bitcoin #cryptocurrency

⚠️ Disclaimer: This analysis is for informational purposes only and should not be considered financial or investment advice.

Genius Group files RICO lawsuit against Michae Moe and Peter Ritz seeking over 450 millions in damage ( FORM 6-K )

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