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Bitcoin is dropping and analyst Ali Martinez predicts it could fall to $59,000 based on technical indicators. He points to a "death cross" and a "red 9 candlestick" on the chart, suggesting a potential drop below $63,300. This news follows Bitcoin falling below $63,000 with over $250 million in liquidated positions.

Bitcoin is dropping and analyst Ali Martinez predicts it could fall to $59,000 based on technical indicators.

He points to a "death cross" and a "red 9 candlestick" on the chart, suggesting a potential drop below $63,300.

This news follows Bitcoin falling below $63,000 with over $250 million in liquidated positions.

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should you invest in crypto (buy the dip )or keep your money in the bank ??? .. . . . . . Here's a breakdown of the risks and rewards to help you decide: **Keeping your money in the bank:** * **Pros:** * Safe - Low risk of losing your money * Guaranteed returns (assuming the interest rate is guaranteed * **Cons:** * Relatively low returns - 17% is good, but inflation might erode its buying power over time **Investing in Crypto:** * **Pros:** * Potentially high returns - Crypto can be very volatile, but also has the potential for significant growth * **Cons:** * High risk - Crypto prices can swing wildly, and you could lose a significant amount of money * Unregulated - There's less protection for crypto investors compared to traditional investments **Here are some additional things to consider:** * **Your risk tolerance:** How comfortable are you with the possibility of losing money? If you can't stomach the idea, crypto might not be for you. * **Your investment goals:** Are you saving for a short-term goal (like a down payment on a house) or a long-term goal (like retirement)? Crypto might be a better option for long-term goals, as the market has historically bounced back from downturns. * **Do more research:** Learn about different cryptocurrencies and the technology behind them before you invest. This will help you make informed decisions. **A compromise:** * You could invest a small portion of your money (maybe 10-20%) in crypto to see how you feel about it. This way, you can limit your risk while still having the potential for higher returns.
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