Gold rebounded after Friday's bearish close but another correction cannot be ruled out.
Despite Friday's record high, gold faced selling pressure later, signaling possible short-term losses.
Traders eye key support levels, like Friday's low at $2333, amid overbought signals from the RSI.
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Gold managed to bounce back after Friday’s bearish close, albeit the positive moves in European stock markets and oil’s negative response to the weekend’s events point to reduced haven demand.#BullorBear #XAUUSD❤️

If you are reading my post or know me, you should know that I don’t listen to rumours.
Some saying BTC will go below 50k before halving. They are waiting to buy.
Still I directly said, i am thinking this istotally BS. Bitcoin will not go below 50k, not even 55k. Obviously there is pre halving effects and that’s why BTC is now in dip. But within this month, this will be recovered. In fact, Bitcoin can go 100k USD within April. There is 60% chance.
Now you will ask “What’s the point behind saying this?”
Well, if you look deeply, you will see less cash inflow in Bitcoin ETF. You will also see transactions over bitcoin network is significantly less than last month. Feels like everyone is waiting for something . This actually happens in financial market before a special news or important event.
If you are trading for a long term, you know this is a sign that everyone gonna invest at once when the special news comes.
For sure, the news or event everyone is waiting for is BTC halving. Once the time comes, everyone gonna push the money in and we may see sudden pump.
Look, I’m not suggesting you to trade with leverage during halving. Because market will be volatile than ever. Those who trades with Binance API / Fix API and has institutional setup may trade with leverage and get millions of profit. But this is not for you. You will see huge market move within the interval of few seconds.
If you are holding Bitcoin or any other crypto (incase they are not scam project like $STRK that only focuses on selling coin and raising money), just keep holding. As I mentioned in earlier posts, Bitcoin act like an influencer for whole crypto market, alt coins will also pump. In fact some alt coin will go even 50x. (Few weeks ago I shared a list of good coins.)
#BullorBear #pakistanicrypto

#MyFirstFeedPost Hello, Binance Square!#Bitcoine #HalvingEffect

STOP INVESTING & UNDERSTAND the Psychology of the crypto market!!!
If you're new in the crypto space, this is for you.
Next Bitcoin halving is just some days away!
Experts predict a new bull run peaking in late 2025 - That is 12-18 months from the Halving this year.
I hate to state this but many are still going to MESS this up.
Let's break down the psychological phases:
PHASE 1 - Accumulation
During this phase, crypto Whales and OGs will have bought or be buying at discounted rates, new projects emerge, but skepticism lingers. To be clear, this was more like last year when $BTC was down to $15,000 and there was blood on the streets.
PHASE 2 - Momentum
Here, as we have witnessed and still witnessing, prices climb, and correct and climb, excitement builds, HODLers rejoice, FOMO kicks in, and altcoins surge.
PHASE 3 - Euphoria/Excess
Greed takes over, prices soar daily, mainstream attention, bizarre market behavior, scams alert! For the Noobs, when ever the Bitcoin Fear and Greed Index makes a reading of 90, begin to manage your crypto position. Be SMART or you wont see the crash coming.
PHASE 4 - Massive Crash/Long Reeeeed candles
Here, you will witness a massive downtrend. Prices crash, panic selling, media negativity, Whales and new investors exit, veterans buy the dip. Newbies are left holding the dumped coins for another two-three years -- the worst position to be in.
DON'T DO THAT!