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LONG NOW @ 3097
IF YOU HAVE ENOUGH LIQUIDITY PUT $5k margin and thank me later
$ETH
$BTC
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Good Evening, everyone. I would like to publicly address the question most of you are asking, which is: “WHY ARE ALTCOINS NOT PUMPING?" In Cryptohood, we don’t just earn, but we learn as well, so take your time to read this because I want to answer that question. As I’m typing this, 1 $BTC is currently $98,000. Doesn’t that mean alts should be doing well also? But the reality is, they’re the very definition of a turtle trying to run ‘cause they’re so slow. But when $BTC falls in price, they dump hard, why is that? The answer is simple: *Bitcoin Dominance* Right now, Bitcoin Dominance has surged to 61.44%. This means 61.44% of the entire money invested in all of Crypto is in Bitcoin. Think about it. If you had a lot of money to invest in a cryptocurrency, wouldn’t you buy the one coin that lots of powerful people (*coughs: Michael Saylor) has their eyes on? The Alt rally you’ve been waiting for will occur when Bitcoin Dominance loses the current uptrend and starts going down significantly. You can expect this to happen after $BTC breaks new ATH's and begins to go sideways, or consolidate for a while. Then, all of the liquidity will begin to flow into altcoins because the psychology of investors will change as a result of them thinking that the $BTC rally is over. It's what happened in the past bull run, and the one before that. Kindly do your research. And it's exactly what will happen again. When will the Bitcoin Dominance reverse? Well, based on historical support levels - around 60-65% can be expected for a peak in dominance. So we’re almost there, or we may be already there, who knows? Just wait for $BTC to start consolidating. I know it’s frustrating to see $BTC pump, only for you to find out that your bags are no better than a snail. You survived the bear market, so this should be like a walk in the park for you guys. Crypto is, and will always be a game of patience. Soon, liquidity will start flowing into alts. Use this time to position yourselves strategically, okay? Remember, things don’t happen to you. #DYOR
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Many of you might be wondering why the market seems to turn upside down each time you place a trade, especially when trading BTC. As a beginner in the crypto space, it's easy to feel overwhelmed by market fluctuations. However, it's not entirely your fault. Here are some essential tips to help you navigate the crypto trading landscape more effectively: 1. Seek Guidance from a Mentor: To make successful trades, it's crucial to have a mentor who can guide you on how to start trading with technical analysis. A mentor can provide valuable insights and help you develop a robust trading strategy. Feel free to reach out to me via my Telegram ID: @wsigns for personalized guidance. 2. Conduct Thorough Research: Before trading any token, make sure to research it thoroughly. Utilize platforms that provide information on the market cap and the number of holders for the token. Understanding these metrics can give you a clearer picture of the token's potential and stability. 3. Be Cautious with Low Market Cap Tokens: Avoid taking long positions on tokens with a low market cap. Generally, the more people discover and hold a crypto token, the more its price is likely to increase. Conversely, tokens with low market caps tend to decrease in value, so it's important to be cautious when trading them. 4. Understand the Role of Airdrops: Airdrops are used to create awareness of a new token. Many Telegram tapping bots are designed to increase visibility and attract more holders. The more people discover and hold the token, the higher the chances of it being listed on major blockchain platforms. Keep this in mind when considering tokens introduced through airdrops. If you found this content useful, please drop a like, comment, and share it with your friends. For more detailed trading guides and support, don't hesitate to get in touch with us. Thank you! #BTC #ETHETFS #BinanceLaunchpool #BinanceLaunchpool #BurjKhalifaCryptoWorks
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Okay, Scenario 1 is canceled! At the same time, being LONG under resistance is never a good thing, as explained several times. We are now in the middle of the range and almost at the POC, so let's see the price reaction, knowing that, on a macro level, things are really not looking good with the unemployment results... So, as expected, I'm waiting for a reversal structure as seen in orange, or else I won't enter! The acceptance of ETH ETFs could save us, but there are so many factors to consider!!! Anyway, good luck 😅 #BTC #ETH
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$ETH #ETH I POSTED JUST 4days ago to go long on ETH but only a few listened and here we are 🤩😂 #Dyor2024
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$BTC Wow, it's amazing to see that Bitcoin (BTC) had a big jump of 71k after reaching 70k yesterday! This increase in price is probably because of the recent halving event. But don't be fooled, this is just the beginning! I believe that by the end of May, we might see Bitcoin reaching 75k or even higher. And who knows, maybe this summer it could go beyond 80k! It looks like the Bull Run is just getting started! #BullRunAhead
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