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I bought bitcoin at the top and sold at the bottom. Follow me for financial advice
#btc.com âŻâŻâŻ #SolanaGiveaway ana #EarnWithJupiter $QUICK #USDT $BTC $SOL $XRP #Write2Earn
#btc.com âŻâŻâŻ #SolanaGiveaway ana #EarnWithJupiter $QUICK #USDT $BTC $SOL $XRP #Write2Earn
The countdown to Bitcoin's halving creates anticipation as it introduces two possible scenarios for
#btc.com #successoluwadayo With Bitcoin's halving countdown nearing 90 days, traders are preparing for a potential post-halving correction of 7% to 30% within a month. Historical trends from previous halvings suggest that Bitcoin's price peak could occur between April and October 2025. On-chain metrics for BTC signal a buy-the-dip opportunity for traders.Currently, Bitcoin is trading around $42,000, showing slight recovery from the recent low of $42,276. The uncertainty arising from Federal Reserve Chair Jerome Powell's indication that a rate cut in March is unlikely has caused some anxiety among market participants. This sentiment, coupled with the anticipation surrounding the upcoming halving event and on-chain BTC metrics, will influence Bitcoin's price movement in the near future.On-chain metrics present a short-term bullish perspective for Bitcoin's price, prior to the anticipated "sell the news" effect associated with similar events in the past. In addition, the declining BTC exchange reserves since May 1, 2023, are reducing the selling pressure on the asset, potentially paving the way for price gains.As the halving event draws nearer, traders should expect the potential for a temporary price dip following the event, followed by a subsequent market peakâa historical pattern observed after previous Bitcoin halvings in 2012, 2016, and 2020. These trends indicate that monitoring on-chain metrics and market dynamics will be crucial for assessing potential short-term gains and investment opportunities.
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History does not repeat itself, but it often rhymes. Legendary trader Peter Brandt suggests we are on the cusp of another parabolic Bitcoin run. The charts, laden with their peaks and troughs, paint a picture that resonates with the past.
Brandt's analysis draws upon a method similar to Elliott Wave Theory, which postulates that markets move in predictable, wavelike patterns. These patterns are fueled by investor psychology, often reflected in a succession of waves characterized by peaks and troughs. Brandt's recent charts appear to mimic these wavelike patterns, hinting at a potential parabolic surge in Bitcoin's value.
The charts reveal a sequential pattern, labeled in a whimsically unorthodox manner â bump, hump, slump, pump and dump. This sequence aligns with the Elliott Wave's principle of market cycles. It is not just the pattern's naming that demands attention; it is the recurrence of this formation that has previously heralded significant price movements
In the provided charts, the "bump" stage corresponds with a strong bullish momentum, followed by a "hump," a period of consolidation. The subsequent "slump" often leads to a pivotal "pump," which could potentially be a catalyst for exponential growth. The final stage, "dump," serves as a reminder of the market's volatility and the eventual return to equilibrium.
If Bitcoin maintains support and breaks past key resistance levels, the envisioned parabolic growth trajectory could unfold. Conversely, failing to uphold these supports could see Bitcoin retracting, deferring the anticipated surge.
Only time, coupled with the collective psyche of investors, will tell if Brandt's theory becomes a reality. For now, the crypto community is still recovering after the most recent Solana outage that shook up the altcoin and cryptocurrency markets in general.
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Brandt's analysis draws upon a method similar to Elliott Wave Theory, which postulates that markets move in predictable, wavelike patterns. These patterns are fueled by investor psychology, often reflected in a succession of waves characterized by peaks and troughs. Brandt's recent charts appear to mimic these wavelike patterns, hinting at a potential parabolic surge in Bitcoin's value.
The charts reveal a sequential pattern, labeled in a whimsically unorthodox manner â bump, hump, slump, pump and dump. This sequence aligns with the Elliott Wave's principle of market cycles. It is not just the pattern's naming that demands attention; it is the recurrence of this formation that has previously heralded significant price movements
In the provided charts, the "bump" stage corresponds with a strong bullish momentum, followed by a "hump," a period of consolidation. The subsequent "slump" often leads to a pivotal "pump," which could potentially be a catalyst for exponential growth. The final stage, "dump," serves as a reminder of the market's volatility and the eventual return to equilibrium.
If Bitcoin maintains support and breaks past key resistance levels, the envisioned parabolic growth trajectory could unfold. Conversely, failing to uphold these supports could see Bitcoin retracting, deferring the anticipated surge.
Only time, coupled with the collective psyche of investors, will tell if Brandt's theory becomes a reality. For now, the crypto community is still recovering after the most recent Solana outage that shook up the altcoin and cryptocurrency markets in general.
#btc.com
#BTC
#sano016
sanor016CommUNI@sanor016
#sanor016CommUNTY
#sanorcommUNITY
#crypto
#Arz digital
The only way that you can change yourself a profitable trader is to be on your own strategy ..!
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#sanor016
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đž @Binance Customer Support
đ #btc.com
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đž @Binance Customer Support
đ #btc.com
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According to Binance, the price of Bitcoin is $44,531.44 per BTC, with a current market cap of $873.78 billion. Bitcoin has increased 4.02% in the last 24 hours, with a circulating supply of 19.62 million.
#Write2Earn #BTC #SupportBreakou #btc.com
#Write2Earn #BTC #SupportBreakou #btc.com
By developing a trading plan, focusing on risk management and position sizing, keeping a trading journal, using technical analysis, having realistic expectations, and staying disciplined, you can increase your chances of success. Remember that trading is a journey, and success takes time and effort. #sanor016CommUNITY #sanor016CommUNITY #BinanceSqaure #btc.com #CryptoTrump
Jupiter Airdrop: What You Need to Know About the Solana JUP Token Launch
âJUPuaryâ is nearly over, and thereâs a massive airdrop at the end of it. Get ready for Jupiterâs Solana airdrop with this explainer.
Months in the making, Solana decentralized exchange (DEX) aggregator Jupiter is set to launch its JUP token airdrop on Wednesday, January 31. Nearly a million Solana wallets are eligible, and the token launch will likely be the largest in 2024.
Are you ready? The long run-up means that Jupiter has already launched an airdrop checker tool and provided ample guidance on what to expect, but itâs been in dribs and drabs since late last year. If you havenât followed the action, hereâs everything you need to know.
When is the JUP claim?
Jupiter will launch the airdrop claim at 10 a.m. ET on Wednesday, January 31 via its own launchpad, which was just used to launch the WEN token on Solana.
Who gets JUP?
According to Jupiter, about 955,000 wallets are eligible for the JUP airdrop, which includes early users who interacted with the protocol ahead of a November 2 snapshot.
#Write2Earn #JUP #ALT/USDT #btc.com #TrendingTopic
âJUPuaryâ is nearly over, and thereâs a massive airdrop at the end of it. Get ready for Jupiterâs Solana airdrop with this explainer.
Months in the making, Solana decentralized exchange (DEX) aggregator Jupiter is set to launch its JUP token airdrop on Wednesday, January 31. Nearly a million Solana wallets are eligible, and the token launch will likely be the largest in 2024.
Are you ready? The long run-up means that Jupiter has already launched an airdrop checker tool and provided ample guidance on what to expect, but itâs been in dribs and drabs since late last year. If you havenât followed the action, hereâs everything you need to know.
When is the JUP claim?
Jupiter will launch the airdrop claim at 10 a.m. ET on Wednesday, January 31 via its own launchpad, which was just used to launch the WEN token on Solana.
Who gets JUP?
According to Jupiter, about 955,000 wallets are eligible for the JUP airdrop, which includes early users who interacted with the protocol ahead of a November 2 snapshot.
#Write2Earn #JUP #ALT/USDT #btc.com #TrendingTopic
