๐ฅTHE WAR BITCOIN IRAN ISRAEL and THE BITCOIN PRICE & MARKET SITUATION๐ฅ A drop to 62k unfolded, as few predicted, amidst heightened media coverage of the Iran threat over the past three days. Typically, such news might fade quickly, but not this time. Recently, Iran deployed drones and initiated attacks on Israel, marking the beginning of what could escalate into a major conflict. Should the USA reinforce Israel, Iran has threatened to target US troops in the Middle East. This could provoke a US counterattack, potentially triggering a global conflict. Historically, markets have suffered during wars. Yet, with current rising inflation rates in the US, we might witness a different economic response. The necessity for the US to finance war efforts may lead to increased money printing, causing the US Dollar to plummet. This would likely drive people to secure their savings in assets, though such effects might only become apparent after the war impacts the economy. Currently, we're waiting to see the US's response. If war is declared, all markets could see further declines. For #Bitcoin prices might drop to 58k or even as low as 52k before gradually recovering. This scenario mirrors the market dynamics during COVID in 2019, which also eventually led to a robust recovery and new highs. For those holding Bitcoin, this might offer more security than maintaining liquidity in fiat currencies. From a financial (not trading) perspective, it might be wise to invest in more Bitcoin. Your future self could be grateful. #BTC 's recovery will likely be slow, spanning weeks. Itโs wise to be patient and avoid selling at a loss, unlike those who purchased at the 66k peak in the last cycle and sold at 15k before the market rebounded. For now, monitor the marketโs recovery. Depending on its movement, you might choose to sell at break-even to minimize risk or continue holding if the market appears to peak. If the downturn persists, consider buying more. :D I anticipate that the supply shock on the upcoming halving day will foster some recovery as demand returns. GD LUCK
It's a harsh reality of the crypto market that small and new traders are often targeted by whales who manipulate prices to their advantage. Many inexperienced traders fall into the trap of chasing quick profits without fully understanding the risks involved. They may invest their hard-earned money based on hype or short-term gains, only to suffer significant losses when whales manipulate the market. ๐๐ฐ
Whales have the power to influence prices by buying or selling large amounts of cryptocurrency, causing rapid price fluctuations that can catch small traders off guard. They capitalize on the emotions and FOMO (fear of missing out) of inexperienced traders, leading them to make impulsive decisions that often result in losses. ๐๐
It's crucial for traders to be responsible for their own finances and to approach trading with caution and wisdom. Educating oneself about the market, conducting thorough research, and practicing risk management strategies can help mitigate the impact of whale manipulation and improve the chances of success in the volatile world of crypto trading. ๐๐
Remember, while whales may have significant influence, ultimately it's the individual trader who holds the power to make informed decisions and navigate the market effectively. ๐๐ง
๐๐ PAY ATTENTION, I'M ABOUT TO HIT YOU WITH SOME REAL TALK.
I get it, you might not want to hear this, but listen up. Most of you won't strike it big in this #crypto craze. Why? Because you're letting your emotions steer your decisions instead of using your noggin.
It's tempting to get swept away by the excitement when your portfolio is soaring, and it's just as tempting to freak out when it's tanking. But here's the deal: You've got to reprogram your mindset. Don't let euphoria or fear call the shots. ๐ก
Now, as the market dips, it's prime time to scoop up solid altcoins while others are hesitating. But remember, in 6-12 months when the market heats up again and everyone's hyped, it'll be time to cash in.
Take charge of your thoughts, folks. Surround yourself with people who keep you level-headed and remind you that every coin will drop by 80% after this bull run. ๐ง
I'm here to guide my followers through this #Bitcoin journey and help them maximize profits while stayingย safe.ย ๐ผ
#Btc Bitcoin is still technically in the transitional period between the Pre-Halving Retrace phase of its cycle (dark blue circle) and the Re-Accumulation phase (red)
But this retracement is all about setting up the next phase: the Re-Accumulation phase (red)
This recent rejection from $70k has given us a better idea where the Re-Accumulation Range High resistance is (red horizontal)
Now it's all about figuring out where the Re-Accumulation Range Low will be (green horizontal)
For now, the -18% Pre-Halving Retrace has potentially marked the bottom of this Re-Accumulation Range
If ~$60,000 continues to be the bottom...
BTC may consolidate between $60k & $70k for the coming weeks going into the Halving and beyond
I shared to my viewer about #NMR that its price will be going up to $30.59 ๐๐#NMR and that time it's actual price was $20.50,19.50 successfully my all targets hitโ
$MANTA is TOP Losers WOW!๐ โ My prediction is starting to Valid
I shared to my viewer about #MANTA that its price will be going down to $2.70 #MANTA and that time it's actual price was $3.79. successfully my all targets hitโ
We take a position on btc $38800 ๐ it goes to $42800 ๐ which btc 3%๐ค๐ค pure profit on btc. Target are below sooner or later we will reach there.