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iknownothing
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Raoul Pal spoke out and focused mainly on Bitcoin $BTC Ether $ETH and Solana $SOL when giving us his view on the movement of these cryptos this summer and further into 2025. Pal identified a banana zone pattern in the charts of both Sol and BTC, which he interprets as a bullish flag formation. Pal believes that Solana will accelerate its outperformance against both BTC and ETH. Pal warns investors against using excessive leverage, forecasting a few significant corrections during the euphoria. His advice to investors is to maintain a balanced approach above all and not to jump into every meme hype. full article on [binance news](https://www.binance.com/en/square/post/2024-04-30-crypto-influencer-raoul-pal-forecasts-bullish-market-phase-extending-into-2025-7467823827129) #solbullish #BTCbullish #BullorBear" #Write2Earn #ethbtc

Raoul Pal spoke out and focused mainly on Bitcoin $BTC Ether $ETH and Solana $SOL when giving us his view on the movement of these cryptos this summer and further into 2025.

Pal identified a banana zone pattern in the charts of both Sol and BTC, which he interprets as a bullish flag formation.

Pal believes that Solana will accelerate its outperformance against both BTC and ETH.

Pal warns investors against using excessive leverage, forecasting a few significant corrections during the euphoria.

His advice to investors is to maintain a balanced approach above all and not to jump into every meme hype.

full article on binance news

#solbullish #BTCbullish #BullorBear" #Write2Earn #ethbtc

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Is there is a 'Best' Time to Trade $BTC or other cryptocurrencies? The short answer: Yes, during US market opening hours. More info based on market data: Unlike traditional markets, cryptocurrency markets remain open 24/7, even during public holidays. The global and ceaseless nature of cryptocurrency trading poses some challenges for traders like finding the best time to trade. Finding the right hours to conduct trades is not just a challenge for spot traders, but also for investors in decentralized finance (DeFi) tokens. The history: Crypto trading had fairly straightforward patterns before its mainstream adoption began in earnest in mid-2020. Western institutions avoided crypto at all costs, and trading, along with other crypto activities like mining, was concentrated in Asia. But those patterns changed. However, as institutional adoption brought more trading volume to the Western hemisphere, the timing has changed. Now, the best time to trade is usually during market hours of stocks in the U.S., which is 9:30 a.m. to 4:00 p.m. EST. Bitcoin $BTC spot volume tends to peak during U.S. stock market hours, especially at the opening bell. About weekend trading. Trading crypto on weekends can be risky due to limited liquidity in the market. With traditional financial institutions closed, there are fewer participants, leading to increased volatility and wider bid-ask spreads. These unfavorable trading conditions can result in significant losses. About the time of the year. Similar to stocks, cryptocurrencies tend to see low trading volume during the summer, as many traders go on vacation and are not focused on trading. Crypto tends to see the most gains during the spring and fall months.  Understanding some of the market trends allows you to better understand the market and make better trading decisions. I wish you all good trading timings and a bit of luck as well :) #write2earn🌐 #BTCTrading #strategy #tradingtechnique #TimingIsKey
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interesting: the past 24 hrs we had an outflow of 500 million USD in $BTC versus an inflow of 25 million in $SOL
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miners will soon be losing money, solana $SOL is gonna be the new $BTC :)
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where are the $BTC bulls today? 🤔
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Bitcoin $BTC continues to drop. CryptoPotato suggests that this is a correction that could potentially push prices back to the $50K range before going up again. Bitcoin is currently in correction mode. A correction is to be expected after half a year of steep ups. Other factors such as war, recession fears, inflation, and reduced ETF buying all contribute to the bear sentiment. Layers of support are at $60K, $56K, and $52K, each one becoming more likely if the one above it is broken. My views on the market are in line with CryptoPotato analyst views. I am just sharing my views on the market and I don't intend to give trading advice whatsoever. What you do with your money is entirely up to you. Always do your own research. #btc #bitcoin #BTCBearish #BTCbitcoin #Write2earn
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