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ENSIGN TRADING
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🫶Justin Sun says
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CHINA MAY LIFT ITS BAN ON $BTC ! 🤯 & Here Is Why It's EXTREAMLY Bullish! 🔥👇 China is considering to remove its ban on Bitcoin by the 4th quarter of 2024! If the ban will be lifted, then the global crypto market will be drastically affected! Billions trading volumes will kick in, boosting BTC's price to new ATHs! For who may doesn't know, back in 2013 China implemented multiple bans, including prohibiting financial institutions from Bitcoin transactions, banning ICOs and shutting down exchanges and mining operations. In my opinion, lifting the ban would signal a more favorable regulatory environment in China. As a consequence, this could boost up the investor confidence not just in China but globally! Also, consider that China is one of the world's largest economies and thus it will generate higher market activity and liquidity; which can drive prices up! Will BTC Reach $150'000 If China Removes The Ban? 🤔 Let Me Know In Comments!
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#BTC gave a weekly closing below the resistance area but this week candle trying to push to the upside(Above Resistance). Daily candle closing gave decent closing above $60,000 which looks healthy. Price need to see a closing above $62,000 and we can see market continue to pump again. #BTC☀
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Read and learn 👇🏾👇🏾👇🏾 There are 5 outcome of a trade : 1) Big profit 2) Small profit 3) breakeven 4) small loss 5) big loss Avoid the 5th outcome and u will become the top 1% trader automatically 🤝🏻 Sometimes you gotta take a step back and be grateful for how far you’ve come. I remember working 9-5 and funding my crypto buys from there. Thanks to showing up everyday and learning from others, I’ve been above to make a lot more money than I ever expected in crypto. Yes the market sentiment may be bearish now, but I will never forget how I used to get rekt after rekt in the beginning. I’m forever crypto, bull market or bear market there’s no turning back for me. And I love the peace that comes with knowing that this is what I want to do full time. Only thing left to do is to constantly improve and learn. Who else loves this space and is fully committed ? 🙋♂️ #BTC☀
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Crypto is all about anticipating what the masses will be interested in based on previous successful coins or emerging trends.. And you take a gamble on that early. It's not about what you like or don't like. You have to be a cut-throat machine. No feelings involved. When profits reach your mark, take it. When losses reach your limit, stop it. That's how you stay in the game.
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#BTC formed the double top pattern inside the resistance area and dropping. Nothing much happening just broken minor support area, so just a minor pullback happening and can dump with this weekend. #BTC☀
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