Bitcoin’s Recent Surge Completes a Double Top, CEO of WhaleWire Believes BTC is Heading for a Massive Crash

By: cryptosheadlines|2025/05/15 15:15:04
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Bitcoin’s recent surge completes a double top, according to WhaleWire CEO. He also believes that Bitcoin is heading for a massive crash soon. In contrast, Bitwise CIO says BTC will hit $200,000 this year.The majority of the crypto market is highly bullish for Bitcoin (BTC) and the greater crypto market. Amidst the positive sentiments, one voice believes BTC is heading for a massive crash. In detail, the CEO of WhaleWire marks Bitcoin’s recent surge as completing a double top, which leads him to believe that Bitcoin is dangerously overvalued and is heading towards a massive crash. BTC Heading for a Massive Crash?Most sentiments for Bitcoin (BTC) presently are highly bullish, with reputed analysts looking towards new ATH targets for BTC. However, one voice believes Bitcoin is heading for a massive crash. In particular, the CEO of WhaleWire says the Bitcoin’s recent surge is completing its double top, a pattern that has appeared at 100% of all of its major market cycle peaks. The CEO sees this move as a clear signal that the bear market is beginning. Bitcoin’s recent surge is completing its double top — a pattern that has appeared at 100% of ALL of its major market cycle peaks. It’s a clear signal: the bear market is beginning.While retail sheep convince themselves that we’re hovering above $100K is due to some mythical... pic.twitter.com/vPUN8NvC68— Jacob King (@JacobKinge) May 15, 2025As we can see from the post above, the CEO of WhaleWire, Jacob King, goes on to elaborate, saying that while retails convince themselves that the price of Bitcoin (BTC) hovering above $100,000 is due to some mythical institutional demand or covert government buying, anyone thinking critically can see the truth, that BTC is being artificially propped up by Tether and its insiders, giving whales the exit liquidity they need. He then goes on to highlight other challenges in the market that will lead to this inevitable price crash. Firstly, he draws light to the incoming stable coin regulations, he says this will lead to the entire house of cards to burst, and that insiders are already moving to gold and real assets. He concludes by reiterating that Bitcoin is dangerously overvalued and headed for a massive crash, saying that every green candle is just a better opportunity to sell.Bitcoin to Eclipse $200,000 by 2025While King’s Bitcoin prediction is bleak, other reputed names in the space have to say otherwise. For instance, as we can see from the post above, Bitwise CIO, Matt Hougan, believes Bitcoin will reclaim the $200,000 price by the end of 2025. He expects that all the good news for crypto are growing and prices will soon reflect that ones economic uncertainly dissipates. He then highlights two major indicators that will propel BTC to new ATHs soon. The first is ETFs continue to buy Bitcoin, and the second is that the government and institutional buyers like Strategy continue to buy more Bitcoin. As for the number, both sources have been buying millions and show no signs of slowing down. Thus, Hougan continues to be very bullish on Bitcoin and expects to see greater ATHs soon. Source link

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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