Bitcoin - This cycle is different?
Not really. If you look closely at the chart, each cycle has the 0.618 Fibonacci level acting as a solid resistance zone.
Historically, the price faces a monthly rejection at this level and consolidates below it before breaking out and going parabolic.
However, in this cycle, BTC broke above the 0.618 level without any high time frame rejection.
Instead, consolidation took place above the 0.618 level, close to the all time high.
Even during consolidation, the price never dropped back below the 0.618 area and is now breaking out of the consolidation phase.
If we see a similar trend as previous cycles, we can expect BTC to go parabolic soon.
🚨Moonbix Big Update: Earn $CATI on Moonbix
Earning $CATI on Moonbix with Binance
Binance recently introduced a reward opportunity with the CATI token on the Moonbix platform, aimed at engaging users in a new crypto experience.
What is CATI?
The CATI token features a pet-themed design, likely associated with games, NFTs, or loyalty programs. Tokens like CATI offer platform-specific rewards that may also be traded or converted into other assets.
What is Moonbix?
Moonbix, a Binance-promoted platform, could involve games, digital experiences, or a marketplace rewarding users with $CATI for various activities.
How to Earn CATI
Users may earn CATI by participating in Binance and Moonbix activities such as challenges, games, or staking.
Why Binance is Involved
By promoting Moonbix and CATI, Binance aims to attract new users, leveraging pet-themed and gamified crypto rewards—a niche gaining popularity.
Final Thoughts
The collaboration reflects the rise of gamified crypto projects, with Binance’s involvement adding trust. $CATI on Moonbix could provide exciting reward opportunities, so keep an eye on Binance promotions for more details.
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$BTC Important Trading Update 🚨🚨🚨
BTC/USDT is in an upward trend with a notable increase in price and volume. The current level around $71,000 acts as an important pivot point. The strong resistance near $71,587.88 could potentially lead to a pullback if selling pressure remains high. However, if BTC breaks above this resistance, it could signal further gains.
Support Level: Around $69,411.07 (nearest support point visible on the chart)
Resistance Level: Around $71,587.88 (recent high)
#HODLOnTight #BTC100Ksoon
🚀 Shiba Inu ($SHIB ) Reaching $1.00 Could Be Life-Changing Potential
The Dream of $1 for SHIB:
If Shiba Inu ($SHIB) reached $1, a holder with 1 million tokens could see their investment soar to around Rs. 150 million, potentially transforming their financial situation and opening doors for business and economic growth.
{spot}(SHIBUSDT)
Reality Check on $1 Milestone:
Though the idea of SHIB hitting $1 is exciting, it’s a difficult target due to SHIB’s large supply and current market conditions. Achieving this would require major shifts in the token’s structure and crypto market as a whole. Cryptocurrency prices are highly volatile, with frequent and unpredictable swings.
Practical Tips for SHIB Holders:
1. Stay Informed: Follow market trends and project updates.
2. Invest Wisely: Only invest what you’re willing to lose, given the high risks.
3. Plan for Gains and Losses: Prepare for both highs and lows.
4. Manage Wealth Responsibly: If SHIB hits $1, plan finances for sustainable growth.
Key Considerations:
Economic Impact: A spike in SHIB’s price could impact consumer spending and investment.
Social Media Influence: Platforms and influencers play a big role in SHIB’s price movement.
Investment Risks: Cryptocurrencies are high-risk; thorough research is crucial.
In Summary:
This analysis highlights possibilities and offers practical advice for Shiba Inu holders. While the $1 dream for SHIB is intriguing, investors should stay realistic, navigate cautiously, and prioritize financial safety.
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