In the second half of this year, cryptocurrency markets did not perform as expected. Bitcoin and altcoins are stagnating with rapid sales followed by gradual increases. Investors are wondering what to do in the face of this stagnation in the markets.
Bitcoin experienced a rapid rise to $60,259 after the daily close, but could not stay at this level and quickly fell to $59,500. The lack of volume is clearly felt; While the BTCUSDT parity was traded above $2 billion during the week on the Binance exchange, it has now fallen to half a billion dollars. Altcoins, on the other hand, entered a short period of stagnation. Bitcoin's effort to regain $60,000 is disappointing for investors who have a target of $70,000. Prices that fell to $49,000 offered an opportunity to investors who could buy at the bottom levels, and profit sales continue to be made boldly at these levels. The most important resistance point is currently seen as the $61,800 region. If this level is exceeded, targets of $63,000 and $65,600 may come to the agenda. In addition, with $67,800 becoming support, the $71,800 and $73,000 levels may be headed.
The BTC price has been fluctuating within a 25% price range for the last 172 days. The price movement between $57,188 and $71,320 represents a narrow range and this needs to change.
The current state of BTC has a negative impact on the general outlook of cryptocurrencies. The monotony of prices has led to new lows in some altcoins. However, in the last 24 hours, KLAY Coin gained 14% and HNT Coin gained 10.35%. HNT Coin's weekly gain is over 21%.
RUNE, LDO, GALA, INJ and BNB Coin were among the other winners of the day. There is no altcoin in the top 100 cryptocurrencies that experienced major losses; SATS lost 3%, LEO lost 2.67%. BRETT maintains a 20% loss on a weekly basis. Total trading volume in the last 24 hours decreased to $37 billion.
When evaluating the current state of the cryptocurrency markets, investors can consider the following takeaways:
Low volume in Bitcoin and altcoins requires caution against a possible decline.
Bitcoin, which cannot exceed the $60,000 level, may pose a risk for investors; attention should be paid to resistance and support levels.
FOR THE GIFT OF 10 DOLLARS PLEASE READ CAREFULLY.
My friends, you know that we, the publishers, are doing everything we can for you here. We are conveying to you the services and conveniences that our authorities have provided us. I have never withdrawn my support for both the cryptocurrency market and you, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE ESPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION OF WHAT I HAVE SAID ABOUT THIS ISSUE BY CALLING LIVE HELP. IT IS A 10 DOLLAR CAMPAIGN MADE FOR YOU THROUGH ME.
Now I will explain how you will receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who can benefit?
Our friends who have not yet activated the futures section, when you activate your FUTURES transaction section, you will earn $10 when you open it by entering my 88623008 reference code.
I EXPLAIN IN DETAILED.
My brothers and sisters who have become Binance members without a reference, please listen carefully;
When you do what I say in order, you will receive 10 USDT.
Go to the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward until MAY 1 can do so. Afterwards, after activating your account, it is enough to open your first futures transaction.
The first 1,000 brothers who open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this; even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
Even if you do this after May 1st, your reward will not come. So, do it until May 1st. In fact, I would say do it right now in 5 seconds.
It's very simple. Go to futures, enter my 88623008 referral code and activate the account. Then just open a transaction of 200 usdt in total and get the 10 usdt reward.
WHEN WILL THE REWARD COME?
Your $10 reward will come to the REWARDS section of your Binance application within 30 days from May 1. By activating it from there, you can use your $10 reward, or more than 300 lira, in futures transactions.
You can share this post with your friends in need so that they can also benefit from it.
IN THE MEANWHILE, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. EVEN IF YOU HAVEN'T FOLLOWED US YET, DON'T FORGET TO FOLLOW US. WITH MY REGARDS.
