LIVEEl Nico0304
@Ojitos_Bonitos
Mi contenido sera para que todo aquel que me siga obtenga un sobre rojo de mi parte. Gracias.
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Good morning, to all my dear followers, I know that I have been absent for a while, due to the fact that you have greeted various circumstances which do not give me much time...
I must tell you that I will be little more attentive, the point is that I would not like to have a writing of several paragraphs, some of which on my part would be fallacies or just filling in information that is not valid.
It is because of this fact that I decided to change a little the way I will be sharing my information and learning with you throughout this time.
I hope you like it, enjoy it and learn something from me.
#BinanceSquareFamily #binancesuquare #Binance
I must tell you that I will be little more attentive, the point is that I would not like to have a writing of several paragraphs, some of which on my part would be fallacies or just filling in information that is not valid.
It is because of this fact that I decided to change a little the way I will be sharing my information and learning with you throughout this time.
I hope you like it, enjoy it and learn something from me.
#BinanceSquareFamily #binancesuquare #Binance
See original
Once they told me, study hard to become someone, but they didn't like the way I studied things.
So there is always something, some way to learn, whether it is studying, reading or practicing. Best of all, this is called experience.
Something that time gives you with practice but not with study.
#IntroToCopytrading #BinanceSquareFamily #binancesuquare
So there is always something, some way to learn, whether it is studying, reading or practicing. Best of all, this is called experience.
Something that time gives you with practice but not with study.
#IntroToCopytrading #BinanceSquareFamily #binancesuquare
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I don't know how it is #BinanceSquareFamily but I will tell you about cryptos with things from the day to day of a life
daily, I hope you like it and that you like what you read.
#CryptoSuccess #tradingcrypto #yo
daily, I hope you like it and that you like what you read.
#CryptoSuccess #tradingcrypto #yo
See original
$MEW is showing signs of growth. If Bitcoin continues to be bullish, its price could drop by zero. Meanwhile, memecoins $TRUMP and $SNEK are set to surge alongside Mew.
Earlier we analyzed a profit margin of 630%.
#MemeCoinsSeason
Earlier we analyzed a profit margin of 630%.
#MemeCoinsSeason
See original
#BTC $BTC
Note that BTC is currently in the process of rebounding, and the rebound pressure level of the 1H level is $ 66.300, which is the pressure level formed by the 200-day moving average. And the pressure line formed by the daily line level wave peak line above is the second pressure level formed by $ 66.900.
Only after the two pressure lines pass, and at the 1H level, MA5 MA10 crosses MA144 MA169 MA200, a larger rebound will form on the time level.
You will begin the path to recovery at the 4H level.
bounce without reversal
Appreciate what you have right now.
Only when the ascending channel opens on a daily level is the beginning of a reversal market
Note that BTC is currently in the process of rebounding, and the rebound pressure level of the 1H level is $ 66.300, which is the pressure level formed by the 200-day moving average. And the pressure line formed by the daily line level wave peak line above is the second pressure level formed by $ 66.900.
Only after the two pressure lines pass, and at the 1H level, MA5 MA10 crosses MA144 MA169 MA200, a larger rebound will form on the time level.
You will begin the path to recovery at the 4H level.
bounce without reversal
Appreciate what you have right now.
Only when the ascending channel opens on a daily level is the beginning of a reversal market
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just like that.
LIVE
CaptainAltcoin
--
BlockDAG’s Keynote 2 Generates $51.9M in Presale Amid Rising Avalanche Market Cap and Bitcoin Cas...
As the last quarter of 2023 drew to a close, the market cap of Avalanche showcased a remarkable surge, reflecting significant growth and heightened transaction activity across its network. Concurrently, Bitcoin Cash saw varied price levels, testing crucial resistance points while aiming for a stable footing.
Amidst these fluctuations, BlockDAG has seized the spotlight with its second major presentation, propelling its presale revenue to an impressive $51.9 million and reinforcing its position as a leading altcoin for 2024 with a strong investment potential.
Avalanche Market Cap Climbs, Signifying Strong Expansion
Avalanche has demonstrated outstanding progress in recent developments. Reports from Messari highlight a substantial increase in the Avalanche Market Cap—344% over the last quarter and 326% annually, reaching a new peak of $14.4 billion.
This growth corresponds with a sharp increase in on-chain activity, where daily transactions on Avalanche soared by 450%, peaking at 1.5 million daily transactions. Additionally, Avalanche’s C-Chain recorded a remarkable 6.3 million transactions in a single day, primarily consisting of inscriptions, which indicates robust engagement and utilisation of the network.
Fluctuating Bitcoin Cash Prices Encounter Crucial Resistance
The price of Bitcoin Cash has recently shown positive momentum, surpassing the $245 mark and navigating through multiple resistance levels. This upward trend aligns with movements observed in other prominent cryptocurrencies, advancing beyond the $250 and $265 levels and nearly reaching $283 at its peak.
However, following this upward trend, Bitcoin Cash now encounters significant resistance at around $275, with potential for further increases if it can maintain above the $282 mark. The critical support is established along a bullish trend line at $258, aligning with the 50% Fibonacci retracement level of its latest price rally from $233 to $283.
BlockDAG’s Keynote 2 Sparks Enthusiasm in Crypto Markets
BlockDAG’s latest keynote in Tokyo has reignited excitement across the cryptocurrency community, contributing to a positive outlook for its future growth. The presentation boasted strategic endorsements from prestigious outlets such as Forbes and Bloomberg and support from key figures in the cryptocurrency sector.
The event also introduced the beta version of the X1 Crypto Mining App, new blockchain technology advancements, the imminent launch of a fully operational human team, global promotional efforts, and updates to the development roadmap.
Furthermore, the presentation highlighted the success of BlockDAG’s ASIC miners and the enthusiastic market reception of its presale coins. Starting from an initial price of $0.001 per coin, the price escalated to $0.0122 by the 18th batch, marking an extraordinary increase of 1120%. To date, BlockDAG has raised a substantial $51.9 million by selling 11.6 billion BDAG coins, along with additional revenue of $3.3 million from over 7,999 miners sold.
This market engagement underlines the confidence in BlockDAG’s innovative technology and its promising future prospects. With the presale progressing swiftly, industry experts now predict a monumental 30,000x return on investment, suggesting that BDAG could potentially reach $20 by 2027, making it one of the prime altcoins for investment in 2024.
BlockDAG Dominates as a Future Investment Opportunity
As both the Avalanche Market Cap and Bitcoin Cash price undergo their respective market adjustments, BlockDAG stands out with its successful presale achievements. Having raised $51.9 million and with expert projections indicating substantial returns, BlockDAG positions itself as a top contender among altcoins for investment in 2024. This presents a lucrative presale opportunity, indicating a strong future in the evolving cryptocurrency landscape.
Invest in the BlockDAG Presale Now:
Presale – Website – Telegram – Discord
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The inforation provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post BlockDAG’s Keynote 2 Generates $51.9M in Presale Amid Rising Avalanche Market Cap and Bitcoin Cash Price Adjustments appeared first on CaptainAltcoin.
Amidst these fluctuations, BlockDAG has seized the spotlight with its second major presentation, propelling its presale revenue to an impressive $51.9 million and reinforcing its position as a leading altcoin for 2024 with a strong investment potential.
Avalanche Market Cap Climbs, Signifying Strong Expansion
Avalanche has demonstrated outstanding progress in recent developments. Reports from Messari highlight a substantial increase in the Avalanche Market Cap—344% over the last quarter and 326% annually, reaching a new peak of $14.4 billion.
This growth corresponds with a sharp increase in on-chain activity, where daily transactions on Avalanche soared by 450%, peaking at 1.5 million daily transactions. Additionally, Avalanche’s C-Chain recorded a remarkable 6.3 million transactions in a single day, primarily consisting of inscriptions, which indicates robust engagement and utilisation of the network.
Fluctuating Bitcoin Cash Prices Encounter Crucial Resistance
The price of Bitcoin Cash has recently shown positive momentum, surpassing the $245 mark and navigating through multiple resistance levels. This upward trend aligns with movements observed in other prominent cryptocurrencies, advancing beyond the $250 and $265 levels and nearly reaching $283 at its peak.
However, following this upward trend, Bitcoin Cash now encounters significant resistance at around $275, with potential for further increases if it can maintain above the $282 mark. The critical support is established along a bullish trend line at $258, aligning with the 50% Fibonacci retracement level of its latest price rally from $233 to $283.
BlockDAG’s Keynote 2 Sparks Enthusiasm in Crypto Markets
BlockDAG’s latest keynote in Tokyo has reignited excitement across the cryptocurrency community, contributing to a positive outlook for its future growth. The presentation boasted strategic endorsements from prestigious outlets such as Forbes and Bloomberg and support from key figures in the cryptocurrency sector.
The event also introduced the beta version of the X1 Crypto Mining App, new blockchain technology advancements, the imminent launch of a fully operational human team, global promotional efforts, and updates to the development roadmap.
Furthermore, the presentation highlighted the success of BlockDAG’s ASIC miners and the enthusiastic market reception of its presale coins. Starting from an initial price of $0.001 per coin, the price escalated to $0.0122 by the 18th batch, marking an extraordinary increase of 1120%. To date, BlockDAG has raised a substantial $51.9 million by selling 11.6 billion BDAG coins, along with additional revenue of $3.3 million from over 7,999 miners sold.
This market engagement underlines the confidence in BlockDAG’s innovative technology and its promising future prospects. With the presale progressing swiftly, industry experts now predict a monumental 30,000x return on investment, suggesting that BDAG could potentially reach $20 by 2027, making it one of the prime altcoins for investment in 2024.
BlockDAG Dominates as a Future Investment Opportunity
As both the Avalanche Market Cap and Bitcoin Cash price undergo their respective market adjustments, BlockDAG stands out with its successful presale achievements. Having raised $51.9 million and with expert projections indicating substantial returns, BlockDAG positions itself as a top contender among altcoins for investment in 2024. This presents a lucrative presale opportunity, indicating a strong future in the evolving cryptocurrency landscape.
Invest in the BlockDAG Presale Now:
Presale – Website – Telegram – Discord
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The inforation provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post BlockDAG’s Keynote 2 Generates $51.9M in Presale Amid Rising Avalanche Market Cap and Bitcoin Cash Price Adjustments appeared first on CaptainAltcoin.
See original
Stop looking at altcoins through the old lens of bull market surges as well as market crashes.
The altcoin bull market is still here, but keep in mind that it requires a well-funded environment to support it, so lower your expectations!
When altcoins are newly launched, don't rush to buy them, because this is usually the easiest time for project parts to ship.
Just be patient and wait two or three months for the market bubble to disappear.
Don't have high expectations for altcoins issued through private placements.
Many times, this can be a means for project parties or investors to rush to cash out.
If you find a break, don't worry, especially when your coins have been locked for more than half a year. During this period, the project side can be sold in large quantities.
When the huge profits of altcoins are a thing of the past, it is time to return to rationality and look for projects that are truly valuable.
This is also an excellent time to promote a more fair and transparent governance structure on the project side and allow for greater community participation.
If you have been chasing ups and downs, often stuck, without the latest news in the monetary circle, and friends who have no direction, please click on the avatar to follow me. For more information on the home page, share the bull market strategy. escape from the top with your fans If a person wants to be successful, he must first have quality circles
The altcoin bull market is still here, but keep in mind that it requires a well-funded environment to support it, so lower your expectations!
When altcoins are newly launched, don't rush to buy them, because this is usually the easiest time for project parts to ship.
Just be patient and wait two or three months for the market bubble to disappear.
Don't have high expectations for altcoins issued through private placements.
Many times, this can be a means for project parties or investors to rush to cash out.
If you find a break, don't worry, especially when your coins have been locked for more than half a year. During this period, the project side can be sold in large quantities.
When the huge profits of altcoins are a thing of the past, it is time to return to rationality and look for projects that are truly valuable.
This is also an excellent time to promote a more fair and transparent governance structure on the project side and allow for greater community participation.
If you have been chasing ups and downs, often stuck, without the latest news in the monetary circle, and friends who have no direction, please click on the avatar to follow me. For more information on the home page, share the bull market strategy. escape from the top with your fans If a person wants to be successful, he must first have quality circles
See original
$BNB taking Inducement to move down and close the Bos line. Then BNB was bearish.
The next order block (2) was the sell order block. If this order block fails, #BNB taking the Incentive to move lower.
#altcoins #BinanceTournament #AirdropGuide #Binance
The next order block (2) was the sell order block. If this order block fails, #BNB taking the Incentive to move lower.
#altcoins #BinanceTournament #AirdropGuide #Binance
See original
#BONK There was active liquidity at levels 20-22, removed them, but cannot react despite being at such important support. If you see 47 and go down to 20 but can't react, we need to pay attention. The sell signal continues on the weekly, daily and 4-hour charts.
Although the short and long terms are in a selling position, we should not force the situation on the spot side. Especially when the buy signal appears on the daily chart, we can say that there is a gradual movement and at least set a stop. Instead of the thin support lines we will draw, let's try to stick to the technical indicators where there is a lot of data. is processed. There are 10 levels below... This is no joke.
Although the short and long terms are in a selling position, we should not force the situation on the spot side. Especially when the buy signal appears on the daily chart, we can say that there is a gradual movement and at least set a stop. Instead of the thin support lines we will draw, let's try to stick to the technical indicators where there is a lot of data. is processed. There are 10 levels below... This is no joke.
See original
It looks like $BTC is trying to make a lower low again, we are probably witnessing the last moment of the 64-66k strength.
Assuming 64k is broken, where do you think it will go? I guess it would come down to the 59-61k range
Assuming 64k is broken, where do you think it will go? I guess it would come down to the 59-61k range
See original
Stop doing it in pants and start looking at the monthly chart. For now it seems to be just a solution. Aspect! He might fall down? Yes you can. And it may have no bottom. But you can hold it too.
If you had studied Down Theory, you would know this.
There are ascending and descending movements. All the time.
ALWAYS use stops, use Fibo, linear regression to discover the most relevant LTA and LTB, NEVER DO EVERYTHING. Study, study, study. And when you think you know something, study even more.
If you are now crying because you did not want to study before receiving the bill, you have nothing left but to suffer losses and be expelled from the market.
This is not for amateurs!
The timing of the market is not necessarily yours.
If you had studied Down Theory, you would know this.
There are ascending and descending movements. All the time.
ALWAYS use stops, use Fibo, linear regression to discover the most relevant LTA and LTB, NEVER DO EVERYTHING. Study, study, study. And when you think you know something, study even more.
If you are now crying because you did not want to study before receiving the bill, you have nothing left but to suffer losses and be expelled from the market.
This is not for amateurs!
The timing of the market is not necessarily yours.
See original
Someone else here last sold their bitcoin holdings at around $42,000.
I initially bought Bitcoin holdings at $18,000. Then I sold it for $33,000. Then I bought it back at 40.000$ and sold it for $42,000.
Give me a like if you didn't lose anything, you made small profits, but you lost big profits. I usually only see posts from people who made big wins or big losses.
#BTC☀ #profit
I initially bought Bitcoin holdings at $18,000. Then I sold it for $33,000. Then I bought it back at 40.000$ and sold it for $42,000.
Give me a like if you didn't lose anything, you made small profits, but you lost big profits. I usually only see posts from people who made big wins or big losses.
#BTC☀ #profit
See original
HELP Binance, protect yourself...
Most Pakistani Binance users must have seen or heard about the p2p “chain dispute” scam where their accounts are blocked…
The main reason for these types of scams to work is the ease with which scammers purchase Binance accounts with KYC. They buy these accounts for $20 - $60, which seems like free money, while this act results in massive problems for others...
If you are ever approached, don't ignore it, rather report that profile and if you see someone in a local community, tell people about this issue (can you share this as a screenshot?)
If it hasn't happened to you yet, it's only a matter of time before it happens. Help others - Help yourself 🙏
#SafeInvestingWithBinance
Most Pakistani Binance users must have seen or heard about the p2p “chain dispute” scam where their accounts are blocked…
The main reason for these types of scams to work is the ease with which scammers purchase Binance accounts with KYC. They buy these accounts for $20 - $60, which seems like free money, while this act results in massive problems for others...
If you are ever approached, don't ignore it, rather report that profile and if you see someone in a local community, tell people about this issue (can you share this as a screenshot?)
If it hasn't happened to you yet, it's only a matter of time before it happens. Help others - Help yourself 🙏
#SafeInvestingWithBinance
See original
Lots of cutting in these levels! As I write today On Live Stream 65000 It's Psychological Level! We see it live how he made several rejections of the Level and after the first Close candle, he simply discarded himself! Overal Bulls now gave a very bullish response and stopped at this level which is now resistance.
What do you want to see on the live stream?
#BTC #bitcoin
What do you want to see on the live stream?
#BTC #bitcoin
See original
You may have wondered why Bitcoin is falling
And the coins fall more and that is logical!
We are in the fourth halving cycle since the price rise was satisfactory for Bitcoin
With Ethereum and leading coins.
If we notice the decline of Bitcoin and its control has become stronger in these regions
In this way, we measure the moment of Bitcoin's fall at its first sharp rise to 64 thousand. We see Bitcoin falling with its dominance increasing along the way.
64 thousand to 33 thousand and causes the market to fall, which means
It has now fallen $10,000 and has also fallen from 63,000 to 33.
In the first strong rising wave, followed by a violent fall
We conclude that its current decline will be hard on the market and its dominance.
The hegemonic trend must break the upward and downward trend so that we can see
Positive for the market. The market is now going through distant price stages
Form a different style and handle business technology in a different way
Now it is difficult to reach the bottom; Even if you think you've caught it and entered the Future, for example, a new bottom will form and you'll be lost.
The market is not safe. Be patient in the hot spots and strengthen the farther areas.
Keep your cash on hand, even if it takes a long time to gradually enter a decline in high rates and a correction
And the coins fall more and that is logical!
We are in the fourth halving cycle since the price rise was satisfactory for Bitcoin
With Ethereum and leading coins.
If we notice the decline of Bitcoin and its control has become stronger in these regions
In this way, we measure the moment of Bitcoin's fall at its first sharp rise to 64 thousand. We see Bitcoin falling with its dominance increasing along the way.
64 thousand to 33 thousand and causes the market to fall, which means
It has now fallen $10,000 and has also fallen from 63,000 to 33.
In the first strong rising wave, followed by a violent fall
We conclude that its current decline will be hard on the market and its dominance.
The hegemonic trend must break the upward and downward trend so that we can see
Positive for the market. The market is now going through distant price stages
Form a different style and handle business technology in a different way
Now it is difficult to reach the bottom; Even if you think you've caught it and entered the Future, for example, a new bottom will form and you'll be lost.
The market is not safe. Be patient in the hot spots and strengthen the farther areas.
Keep your cash on hand, even if it takes a long time to gradually enter a decline in high rates and a correction
See original
The whales create a fake bomb again.
It sounds like you're referring to a situation in the cryptocurrency market where "whales" (large holders of a particular cryptocurrency) are manipulating prices.
This may involve creating a “fake pump,” where the price of a cryptocurrency is artificially inflated through large buy orders or coordinated purchases.
This can attract smaller investors to buy, hoping to profit from rising prices, only for the whales to sell their holdings at the peak, causing the price to crash and leaving smaller investors with losses.
If you are looking for advice or more information on this topic, consider:
**Monitoring Whale Activity** – Use tools and platforms that track large transactions and wallet activities.
**Market Analysis**: Stay informed with the latest market trends and news to identify possible manipulations.
**Caution**: Beware of sudden, unexplained price increases, especially in less liquid markets.
Do you want more specific advice or details on any of these points?
#TradeEagle75
#Write2Earn
It sounds like you're referring to a situation in the cryptocurrency market where "whales" (large holders of a particular cryptocurrency) are manipulating prices.
This may involve creating a “fake pump,” where the price of a cryptocurrency is artificially inflated through large buy orders or coordinated purchases.
This can attract smaller investors to buy, hoping to profit from rising prices, only for the whales to sell their holdings at the peak, causing the price to crash and leaving smaller investors with losses.
If you are looking for advice or more information on this topic, consider:
**Monitoring Whale Activity** – Use tools and platforms that track large transactions and wallet activities.
**Market Analysis**: Stay informed with the latest market trends and news to identify possible manipulations.
**Caution**: Beware of sudden, unexplained price increases, especially in less liquid markets.
Do you want more specific advice or details on any of these points?
#TradeEagle75
#Write2Earn
See original
Binance CEO expects BTC to surpass $80,000
@Richard Teng said in a recent interview with Bankless that he expects BTC to surpass $80k by the end of 2024. Arguing this with demand and a reduction in supply in the market.
💸 He also added that for BTC and cryptocurrencies in general, 2025 will be positive due to macroeconomic events. Its forecast for 2025 is $120,000 BTC.
More realistic figures, unlike those claimed by Kiyosaki: $350,000 at the end of summer😁
$BTC #BTC #Binance
@Richard Teng said in a recent interview with Bankless that he expects BTC to surpass $80k by the end of 2024. Arguing this with demand and a reduction in supply in the market.
💸 He also added that for BTC and cryptocurrencies in general, 2025 will be positive due to macroeconomic events. Its forecast for 2025 is $120,000 BTC.
More realistic figures, unlike those claimed by Kiyosaki: $350,000 at the end of summer😁
$BTC #BTC #Binance
See original
In the last 15 days alone, this “crypto” has demonstrated an amazing ability to attract money. In the same way goy in fia we are seeing that it is falling. However, compared to the huge inflow of funds, the total loss was $1.1 million and the rate of return fell to -15%. This makes people wonder what will be his next move?
The cryptocurrency market #PEPE marked the beginning of a real "crypto whale".
Currently, this “crypto” still stores a large amount of treasures #pepe⚡ totaling 190.7 billion pieces, worth approximately 2.1 million dollars. These PEPE are like mountains of gold waiting to be dug and extracted.
Investors in the market pay close attention to the movements of this "giant whale", hoping to find inspiration for their investments.
If you are also a digital currency investor and want to keep up with this "crypto whale", come and follow us! We will provide you with the latest market trends and cutting-edge information first-hand.
More importantly, we will share the bull market strategy design with our fans to help them ride the waves and make consistent profits in the monetary circle. Let's swim together in the ocean of digital currency!
The cryptocurrency market #PEPE marked the beginning of a real "crypto whale".
Currently, this “crypto” still stores a large amount of treasures #pepe⚡ totaling 190.7 billion pieces, worth approximately 2.1 million dollars. These PEPE are like mountains of gold waiting to be dug and extracted.
Investors in the market pay close attention to the movements of this "giant whale", hoping to find inspiration for their investments.
If you are also a digital currency investor and want to keep up with this "crypto whale", come and follow us! We will provide you with the latest market trends and cutting-edge information first-hand.
More importantly, we will share the bull market strategy design with our fans to help them ride the waves and make consistent profits in the monetary circle. Let's swim together in the ocean of digital currency!
See original
The market goes up and down, with sudden movements, it is like a bull that has entered the arena and lays its horns on everyone who crosses it.
It is necessary to take a few steps back and observe thinking and, without making a hasty decision, decide what to do.
The possibility has appeared that some coins will fall back to the offer price of previous years, do not be surprised, these are forms or ways in which the market moves.
There are other coins that give clearer clues, it is just a matter of taking the time to study them.
It is necessary to take a few steps back and observe thinking and, without making a hasty decision, decide what to do.
The possibility has appeared that some coins will fall back to the offer price of previous years, do not be surprised, these are forms or ways in which the market moves.
There are other coins that give clearer clues, it is just a matter of taking the time to study them.
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
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🚨 Bitcoin Drops Below $62,000, Poised for a Major Rebound 🚨
1️⃣ Current Price Dip
Bitcoin has fallen below $62,000, causing concern among investors.
2️⃣ PlanB’s Analysis
PlanB, a renowned analyst, uses the stock-to-flow (S2F) model.
He highlights Bitcoin’s current price hovering around the five-month actual price of ~$65,000.
3️⃣ Significance of Actual Price in Bull Markets
Historically, Bitcoin rarely falls below its five-month actual price during bull markets.
This price level serves as a strong support line.
Bitcoin is expected to rebound from the $65,000 level.
4️⃣ Relative Strength Index (RSI)
RSI is a key momentum indicator to assess if an asset is overbought or oversold.
PlanB predicts that RSI values will align with peak levels from previous cycles.
This suggests exponential returns for Bitcoin.
5️⃣ Future Market Behavior
PlanB believes the current bull market will see exponential gains, not diminishing returns.
RSI values could rise above 80, similar to the cycles in 2013, 2017, and 2021.
📊 With Bitcoin’s current price around $61,785 and a slight decline of over 2% in the past 24 hours, the coming days will reveal if Bitcoin will recover as predicted. Historical trends provide a compelling case for an optimistic outlook.
📌 Stay tuned for more crypto insights! 👍
Disclaimer: This post is for informational purposes only and should not be considered financial advice.
#bitcoin #Binance
ORIONPLAY official
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