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🚨 BREAKING : #FOMC Rates Remain Unchanged ( ~ 5.50% )
Good for #Bitcoin 🔥
No Changes 🚀🚀 #
BTC
SOON
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A lot of you will not want to hear this! And I say this in all humility not presuming to know it all. But I have survived 1 Bear Markets and Witnessed 1 Bull Markets and I can tell you each time it is the SAME as am about to witness again. It needs to feel totally like there will be no BULL MARKET- then the BULL 🐂 shows up properly! It is called DISBELIEF!! Whatever it is, your portfolio is already down by more than 50% - Close the portfolio, Go live in the Real world. Let them squeeze and manipulate the market as much as they want! Hold your position- you will be glad you did! Cheers
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It seems that narratives are the only thing keeping BTC and the altcoin market together. First it was the - Break of new ATH - BTC ETF - Halving All these narratives were trending and kept us speculating about the $100k $BTC. But where is all that liquidity going to come from? We basically never saw retail fully active this cycle compared to last, only the degens. Crypto has grown complex with a vast array of altcoins and ecosystems. This cycle is notably challenging even something as simple as airdrops are seeing to shifts from straightforward to complex points farming strategies. The increased number of projects means that not all projects can thrive simultaneously due to limited liquidity. There's a growing concern about sustained demand versus rising supply as more projects launch and more VC/Team tokens unlock, potentially leading to price declines and bearish sentiment. A critical skill for the average investor now is to filter valuable information and opportunities amid this noise, focusing on long-term returns rather than immediate gains. And I need to stress this, no one, absolutely no one knows what will happen. So you need to do your research regarding the market on a day to day basis and draw your conclusion from multiple sources.
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🥇 Bitcoin has retested the 100 EMA and then dropped back. We're now officially in a "mini bear" phase until Bitcoin reclaims the 100 EMA. The ETH ETF is launching in the next two weeks, which might start pumping the market again. #BTC☀
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💸 Investors are reluctant to sell BTC. According to Santiment, there has been a significant increase in investor interest in buying bitcoin (BTC), while interest in selling has slowed down. The major cryptocurrency was still approaching its support zone as recently as yesterday.
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💰 Bitcoin is the asset that reached a capitalization of $1 trillion the fastest. It took it only 12 years. Despite the fact that the first cryptocurrency appeared only 12 years ago, it is already successfully competing with the biggest tech companies. 📊 At the end of 2014, BTC was trading at $378. Now its value is at ~$58K Stock up on Bitcoin now and sell it at a high level later!
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