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MihaiDanielBMK
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Wich is more safe
#Bitcoin
vs
#ethereum
?
The answer is
#Bitcoin
!
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.
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BTC
60,415.99
-2.15%
1.5k
0
Replies
1
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Danger is now here for crypto , liquidity squeeze, potential war, S&P going down, summer time , all this together are bad for crypto, but , it is not the end of crypto , market can crash more, but it will not crash for long
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Hard work pays off
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62.700$ is a big big zone for Bitcoin , it is 200 MA on 4 hrs , last time we broke it down was 13 June , and we crashed 20% from that level , if we do the same now 20% is at 49.800$ not so nice
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Potential bullish W pattern for Bitcoin on 12 hours time frame, a close today above 65.200$ could be a bullish sign of reversal
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The Differences Between a Correction and a Bitcoin Crash Bitcoin correction: 1. Definition: Temporary decrease of 10-20% after a significant increase. 2. Causes: Selling for profit, negative news, market adjustments. 3. Duration: From a few days to a few weeks. 4. Types: Technical (technical factors), fundamental (news, regulations). 5. Behavior: Stay calm, avoid impulse selling, consider buying at a lower price. The Bitcoin Crash: 1. Definition: Sudden decline of more than 20-30% in a short time. 2. Causes: Market panic, drastic regulations, massive selling. 3. Duration: From several months to years for recovery. 4. Behavior: Avoid impulsive decisions, analyze the market, keep a long-term perspective. Recommended Behavior: 1. Stay Informed: Understand the differences and follow the news. 2. Long Term Strategy: Maintain a long term approach. 3. Diversification: Reduce risk by diversifying your portfolio. 4. Risk Management: Use risk management techniques. 5. Financial Counseling: Consult a financial counselor.
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