Postřehy uživatele CRYPTO MECHANIC(@CRYPTOMECHANIC)

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CRYPTO MECHANIC

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Your thoughts on the current $BTC weekly candle ? Still a lot of time in close. I'll share mine tomorrow let me know yours.

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The Best Learnings are a result of Losses and Mistakes. When do you learn the most? When you take losses, make mistakes, suffer drawdown and have down moments. At such times, you are forced to improve, reflect and change things up. Losses are your Guide to what doesn't work, so you can avoid doing it again.

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The BNB Foundation has just concluded its 29th quarterly token burn where more than 1.7 million BNB was burned, equating to $1.07 billion and that's huge. Why BNB burned token? Based on it's module BNB is deflationary token and with that module tokens has to be burned and removed from the token supply. BNB Current Supply After Burn is: 144,099,981.1 BNB And they will burn 43,533,387.84 BNB more after that it will be stopped. Will it increase the price of $BNB ? Change in price is based on demand. you might have heard this prices are dependent on supply and demand. If there is less supply and more demand the price will go up. Binance stands as number 1 crypto exchange and there is definitely demand for it. As the supply is getting burned and demand keeps on increasing i think it's good for the price in the long term. #29thBNBBurn

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That's a clean fake-out of the highs unless we see it bouncing back above it. i still think the right time of the trade will be post election. $BTC

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Technical Analysis Lesson | Risk Management (Stop Loss)

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Crypto Market Cap Falls to $2.357 Trillion with 4% Drop in 24 Hours

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Binance Co-founder Yi He Emphasizes Transparency in Listing and Airdrop Rules

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BNB Drops Below 550 USDT with a 2.47% Decrease in 24 Hours

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Next Week’s Macro Outlook: Fed Decision and U.S. Election as Potential Crypto Market Catalysts

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JPMorgan Predicts Gold Price Stability Amid US Election Uncertainty

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