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🕯 Technically; The 2500-day Rising Trend line has been touched. The downward break of this line will primarily encourage $BTC to increase. Then the upward movement begins in Altcoins. If it reacts from the Trend line and goes up a little. BTC will also fall. With this fall, Altcoins will experience a slight pullback.
📌 Go with a close stop in long positions. If this pullback occurs for spot, it is a buying opportunity. Do not sell your products in spot. #ytd#usdt#usdtd#BTC
Look, the following perception has formed in the market;
Bitcoin has risen so much, something will definitely happen and it will fall, we should not touch it or open a short transaction so that we can make money
The reason is that Bitcoin fell even more with each rise until it reached this level, it made people cry. The ones who burned their mouths with milk have repented for yogurt.
In such cases, Bitcoin rises breathlessly, no one moves to press the "Buy" button, they just watch from afar until Bitcoin reaches horizontal.
After that, people start buying, Bitcoin corrects and they stay inside again. Cryptocurrency markets do not give bread to everyone easily, we have to go against the herd (with stop)
I think this rise will continue until the 85-90 band. (I may be wrong, I will take my importance accordingly) Ytd $BTC $ETH
📊 Important Developments in the Crypto World This Week!
🔹 ETF Movement: While BlackRock and Grayscale's Bitcoin ETF plans are gaining momentum, important news came on the BlockFi and FTX front. Eyes were also on new developments in the lawsuit process between the SEC and Ripple. Although the markets have caught a positive atmosphere, uncertainties still continue. 🌐⚖️
🔹 BTC and ETH Performance: While Bitcoin (BTC) increased by more than 14% last week, Ethereum (ETH) gained more than 11%. BTC excited investors by exceeding $ 35,000 during the week; Will it reach $ 40,000? We'll wait and see! 🚀💸
🔹 The Biggest Riser: FLOKI FLOKI (FLOKI), which increased by more than 84% this week, reversed the downward trend with new updates and became the cryptocurrency that rose the most. 🐕💥
🔹 Biggest Faller: Bitcoin SV Bitcoin SV (BSV) fell by over 25% after rising by over 75% on listing news. BSV continues to see volatility! 📉⚠️
🕯 It is within the resistance line in the red zone. It is also seen that it is in the last parts of the rising wedge structure. It is useful to know that BTC.D may increase by 1-2% from here at most and then the money in BTC will slowly flow into altcoins.
🔹For altcoins to rise, the money flowing into#BTCmust shift to the bottom. This is where dominance comes into play and dominance has reached a significant resistance.
🔹If there is no sharp decline at $BTC next week, dominance will likely decline, which will provide a good flow of money to altcoins.
🔹The important thing is that BTC should not be dumped. Only global negative news is needed for this dump. Such news should not come at such a level. I hope not.
Friends, there are those among you who try to trade with 5-10$ . This business cannot be done with this money, even 100$ is too low an amount to be successful in leveraged transactions. We advise the group to do this business with at least 250-300$ because otherwise it becomes torture.
🔹We are at a critical point, we have reached the white trend line. That is why the market has fallen back. This line needs to flow down so that the rise can continue.
🔹We have come to the point I explained in the last lesson, it was the first of the scenarios I mentioned. We will watch what will happen from here.
🔹My thought and prediction is that this line will be broken in 1-2 weeks with this development. I think there is a 65-70% chance of such a movement.
🔹If the line is broken, the panic of those who did not make a SPOT basket will be quite high. Many of them will attack ridiculous products, do not be one of them
We may be at a historical low for $ILV , you will not find it again at these prices. That's why I am opening Long from here and I will break the PNL record. I am waiting for everyone to this challenge. You can check out the post I have pinned to my profile and follow us closely
If there is someone better than me, I am waiting for the duel 😎
We entered the coin that rose 50% in spot in 2 days from the bottom and it is not the first time we have done this. There are hundreds of people in the group. You can join us by looking at the post I have pinned to the profile.
🟢 Fasten your seat belts, young people. The takeoff could start at any moment. Check your plan, your risk, and make your calculations.
🟢 When the market starts to take off, it can rise without a retest. Those who are afraid to buy when it is low will have to think about buying when it increases by 2x. 😂
•FTX restructuring hearing to be held. (If approved, claimants under $50,000 could receive payments by the end of 2024, while larger claims would be processed in 2025.)
Wednesday
•US Federal Open Market Committee (FOMC) Meeting Minutes to be released - 9:00 PM •$STX Nakamoto Hardfork to occur.
Thursday
•US Annual Inflation Rate (CPI) to be released - 3:30 PM (expected 2.3, previous 2.5)
Friday
•US Annual Producer Price Index (PPI) to be released - 3:30 PM (previous 1.7)
The fear and greed index was hovering around 61 levels 4 days ago and now it is down to 37 levels of fear. The last time it dropped to 26, Bitcoin rose from 55k to 66k. New ATH loading. . .
Dear investor friends, we have been serving in the Turkish market until this time, now we will continue all our services globally.
Those who follow us always win in Turkey. We are proud and happy to carry our analysis and transactions globally. Thanks to everyone who follows in advance
The direction of the market is not clear, so calculate your risk accordingly I am entering $LINA long, I wrote the details in the photo, for more of these types of transactions, check out the post I have pinned on my profile
Friends, I recommend that you do not panic in this process and do not lose money in leveraged transactions, the market will be Bitcoin 70k, but for this to happen, the structure must first be formed.
When the structure is formed, a lot of leveraged transactions will be thrown here by me and my analysis team. Until then, I suggest you reduce your risks in leveraged transactions.
When we examine the daily chart in Total 2, the bowl handle pattern catches our eye. According to this pattern, if it breaks the handle, there is a 2-fold rise from its current level.
The Total2 chart shows the chart of all cryptocurrencies except Bitcoin. This means that if this chart makes 2x, it means that many altcoins will move up 8-10x.
With our analysis team, we have shared the analysis of the coins we have been carefully analyzing for 14 months. You can review it from the post I pinned in the profile
People have a serious problem of understanding. This society needs to acquire the habit of reading books. The man writes a comment under my post criticizing me, but what he says is exactly the same as mine....