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kaymyg
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The concept of having a CEO for a 'decentralized' entity is sick in the membrane if you ask me.
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$BTC During a #MarketPullback : 1. Identify the Trend: Confirm if the pullback is temporary or a reversal using moving averages and support levels. 2. Wait for Confirmation: Enter only after signs of reversal, like bullish candlesticks or MACD crossovers. 3. Set Key Levels: Use support (e.g., 92,272) and resistance (e.g., MA(25)) for entries and exits. 4. Manage Risk: Trade smaller positions, use stop-loss orders, and avoid over-leveraging. 5. Follow Volume and Sentiment: Rising volume during rebounds signals strength; monitor news and market sentiment. Stick to your plan and avoid emotional decisions!
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Trading during a market pullback
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As #Bitcoin ’s market matures, the severity of drawdowns during bull market uptrends has noticeably declined! This cycle’s deepest pullback was just -32% (on August 5, 2024), compared to much sharper corrections in previous cycles. Most recent dips have stayed around -25% below local highs. 🔑 What’s Driving This Change? 1️⃣ Institutional Demand: The rising interest from institutions, fueled by spot ETFs, has brought stability and liquidity to the market. 💼 2️⃣ Market Maturity: With each cycle, participants are becoming more experienced, managing risks better, and avoiding panic selling. 🧠 3️⃣ Broader Adoption: Bitcoin is increasingly seen as a hedge against inflation and a reliable store of value. 🌍 4️⃣ Regulatory Progress: Growing clarity around crypto regulations reassures investors and reduces market fear. ✅ The reduced volatility reflects Bitcoin’s transition from a speculative asset to a mainstream financial instrument. Will this trend continue, or could macroeconomic events shake things up again? 🤔 #BTC #InstitutionalAdoption $BTC
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