This morning #BTC re-tested the peak area of 37k9 🎁✍️ Here #Bitcoin hits the strong resistance zone 38k - 38k5, so there may be a slight reversal to the 37k - 37k2 zone and the Ema200 zone in H1 frame is 36k6. My current actions: 1. With BTC running a peak test, I have now taken profit on all the Luoi bets I caught last night and yesterday morning. 2. I still keep the Hold #Lowcap bets. I've held a few beautiful Entry girls for quite a while but haven't been able to take profit yet because they just increased by 20-30% and haven't met expectations Target takes profits in the next 1-2 months, when they fly, they take profits These Lowcap children are strongly collected by Dev and the floor > 70% of the total supply. Small circulation quantity, nice consolidation chart, broken down trend on the chart... So I'm still waiting for a strong pump before selling! 3. I do not Short BTC or Altcoin at this price, Because BTC is still in an uptrend and the upward force is still very strong Wait for BTC to retest Ema200 H1 4. I prioritize BTC's downtrend to force Long to short BTC and Lowcap stocks have beautiful charts. Usually take profits within the day or 1-3 days if BTC is still beautiful! #CPI#FLOW#DYDX
1/FED holds interest rates steady, uncertain about future hikes. (depending on the situation) => $BTC kills long short, goes sideways, and money flows into altcoins. Stablecoins are not being minted, but around $173M is being deposited onto exchanges. 2/ One more factor is needed for a strong altcoin rally, which is BTCD. You can follow the team's plan for altcoin trading, but it's advisable to have a stop-loss to protect your investment.
❇️𝙑Market Transformation 𝘽𝙄𝙏𝘾𝙊𝙄𝙉 Can Increase By 1 Trillion 𝙐𝙎𝘿 After Launching 𝙀𝙏𝙁 Spot Delivery.
✍️According to 𝘾𝙧𝙮𝙥𝙩𝙤𝙌𝙪𝙖𝙣𝙩's most recent analysis, the introduction of spot 𝙀𝙏𝙁 could lead to a significant increase of up to 1 trillion 𝙐𝙎𝘿 in Bitcoin's market capitalization.
✔️There is a possibility that 𝘽𝙞𝙩𝙘𝙤𝙞𝙣 will increase significantly by 165% when introducing spot 𝙀𝙏𝙁.
✍️𝙑Just the other day, the dissemination of misinformation about iShares endorsement of #bitcoin spot #ETF caused a significant impact in the industry, leading to a significant increase in the value of several cryptocurrencies . During this boom period, the value of 𝘽𝙏𝘾 reached nearly 30,000 𝙐𝙎𝘿.
✍️𝙏𝙪𝙮 However, when the market became aware of the veracity of this statement, the asset quickly returned to the level it had reached before the spike. Although the gains were short-lived, this rally provided a glimpse into the potentially strong reaction the market may exhibit to the launch of the (𝙀𝙏𝙁) Fund.
This particular exchange-traded fund is just one example, although there are countless such funds currently awaiting approval. What will the market look like after all these Exchange Traded Funds (𝙀𝙏𝙁) are introduced? On-chain analytics company 𝘾𝙧𝙮𝙥𝙩𝙤𝙌𝙪𝙖𝙣𝙩 looked extensively at this topic in its recent article. 👇👇👇👇
NEWS: #BTC#crypto2023#ftx#ETH For example, Fantom Foundation was hacked for 550 USD. Ethereum founder Vitalik Buterin sent 15 million USDC to cryptocurrency exchange Gemini. Ethereum founder Vitalik Buterin said: “I haven't sold ETH since 2018.” Bitcoin market capitalization could increase to $1 billion following the launch of spot trading ETFs as reported by CryptoQuant. Binance US users can no longer withdraw USD. South Korean regulator outlines steps to strengthen digital asset laws.
✍️✍️In Trading Crypto, Identifying #BTC is very important!
Just knowing the short-term trend of Bitcoin and macro indicators such as: BTC.D, Total 1,2,3, Usdt.Dom, you already have a 50% chance of success when trading. Even Trading BTC or Altcoin!
So I personally paid special attention to BTC! If you are interested in Trading Crypto, there are a few experiences you should refer to and think about:
1️⃣. You should take the time to analyze every wave from long-term to short-term of BTC. It helps us have a VISION on the up or down trend of BTC
2️⃣. You should set up different scenarios for BTC's increase and decrease and list the required conditions to gradually eliminate unsatisfactory scenarios! In the end you will have the most correct scenario with the highest probability of happening! High or low win rate depends greatly on the ability to analyze this scenario!
3️⃣. Capital management is emotional management, it is the only factor we can control. If you practice and discipline well, you will never experience the situation of a bird flapping its legs... Oh wrong! Tym's legs were shaking again✅😉
4️⃣. Focusing on Trading #BTC #ETH is more than enough to make money! You can Long/Short comfortably with these 2 coins
With other Altcoins, note that it is only Long/Spot and must have absolute SL and TP! ..........
If you can do these elements well! You will see that Trading is not as difficult as you think!🥳💎🦈🍀 #Binance #XRP Have a nice day🥳🥳🥳
LIVE
Demons_Sword
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هابط
THE WORST SCENARIO IS HAPPENING!!!🧐✍️✍️ #BTC just broke through the hard support zone of 26k9 to 26k7 Confirming the necessary conditions to break the uptrend! Now, the sufficient condition is for $BTC to test 27k-27k2 and then break below 26k7 to officially enter bearish wave C! At the same time, confirming the end of wave B! Waiting for #Bitcoin to rebound to see if it can create support above 27k2! If so, there is still hope somewhere! Otherwise,thefourthquarterwillreallybeverybadforthewholeCryptomarket🥲
SIGNS OF THE MARKET CREATE A BOTTOM - Continuous fud, speaker deck, lawsuit, unlock, Whale awakening, Government ban,... - Black Swan: War, epidemic, bank bankruptcy, .... - Long-short: There is a large payment amount of over 500M$ for Long orders - On-chain: There is an amount of stablecoin mint money => loaded onto the exchange immediately, Wall Volume >2B - PTKT: Support support zone this week -Psychological analysis: 70-90% of the community has one extreme direction: 1 is that they have been allin before and are afraid to sell and wait for a lower bottom to hold the money, 2 is that there is no more money to catch the bottom. THERE ARE 2 COMMON TYPES OF BOTTOM 1. TOUCHING SUPPORTS QUICK RECOVERY, THE STRONGER THE REDUCTION, THE FASTER THE RECOVERY - Due to continuous news and fud => Herd mentality, liquidation of many longs, there will be long discussions - Liquidation of orders 24 hours long => over 300M $ - After adjustment more than 60 days => there may be a bottom, recheck the proposal to check supply and demand 2. BOTTOM SIDEWAY OF FREAKING => ACCUMULATE ENOUGH QUANTITY (TIME + QUANTITY) TO CHANGE IN QUALITY - Stone accumulates for a long time, moving sideways makes the market depressed, most investors will leave the market because there is no wave, cannot make profits => the longer the time goes, the more goods will be sold. - Signs: Sideway amplitude shrinks, the supply does not withdraw much to the floor, the volume is as low as the previous cycle - The longer you accumulate, the stronger you will be able to pump backwards, because once you are strong, when you pump there will be a lot of good news, the money flow will form a big wave and grow stronger. WHEN DOES THE DAY START? START THE DAY? - Catch the bottom when BTC has corrected at least 20% combined with widely FUD news - In the last 60 days, #BTC has adjusted 20-30% from its peak (if the amplitude is high, it can be swept down to 50%, but most will withdraw strongly) -RSIbelow30frameD+WeeklysupportpriceframeW+Stablecoingoesuponthefloor=>buy BTC#Binance#XRP