🔥 Many say that #Bitcoin will collapse soon and we will return to levels less than $44 thousand. 🔥 Gentlemen, let us tell you that Bitcoin will continuously rise towards $100,000 for 5 reasons, which are: 👇 🟢 The first reason: Completing the policy of raising interest and starting soon to ease the monetary and financial policy in the USA. Reducing interest would withdraw liquidity from the dollar and enter it into digital currencies. 🟢 The second reason: The halving event has only 62 days remaining, and this means reducing the miners’ reward by half, which significantly reduces the new supply of Bitcoin in the market. 🟢 The third reason: A significant increase in the difficulty of Bitcoin mining. Last week, it achieved a new record. The fourth reason: Good and large liquidity has entered and will enter Bitcoin spot funds again, as it has not yet attracted the expected liquidity. 🟢 Ethereum instant funds will be approved and everyone is waiting for it, and it will also bring great liquidity as well. 🔥 The combination of these 5 reasons will cause Bitcoin to soar towards 100k, and the rest of the other currencies will soar with it, especially #eth and the strong currencies. 🔥 This is why it is better to buy now and not sell, and at every drop in the market you buy at 15%. #Write2Earn
🔥 At every strong rise to #Bitcoin , we will see a strong correction, a correction and not a collapse. The goal is clear, which is $100,000. 🔥 But with every correction, some will come out and say there is a collapse, there is a strong decline, and a feeling of fear begins to enter our hearts, and many begin to sell at a loss. 🔥 During any strong correction, many people sell. My advice to you is that you must buy with a portion of your money, and if #BTC more falls, you buy with the remaining portion with you, and wait for a new peak, then sell and fold your profits. Soon we will see 60 thousand dollars. 🟢 The real exit will be months after the halving #Halving and the Fed reduces the interest rate three times or more, and this will be at the end of 2024 or the first quarter of 2025. An exit without return until after another economic cycle. Binance registration link: www.binance.com #Write2Earn
Strategies to Avoid Panic Selling Cryptocurrencies During Market Cycles
It is known that the cryptocurrency market is a high-risk, high-volatility market, and all markets go through periods of ups and downs, but cryptocurrencies are the most volatile markets. It is also known that the higher the risks, the higher the profits, so we love the cryptocurrency market and we love trading. The question that arises is how do we deal with times of market decline and panic among traders, especially with strong negative news? How do we avoid selling at a loss? Are there strategies and tips on how to deal with sharp fluctuations in cryptocurrencies as happened recently?
#MarketDownturn 🔥 It seems that the market was able to overcome the three reasons that led to the market decline and rebounded well and is now #bitcoin at $56900 levels. We note that the reasons for the sharp decline are: 1- The weak jobs report in America sparked fears that the world's largest economy will enter a recession, 2- The Bank of Japan raised interest rates by more than expected at 25 basis points. 3- The escalating geopolitical tensions in the Middle East between Iran and its proxies on the one hand and Israel on the other. $ETH
❤️ The fear and greed index is at good levels for buying or strengthening, it is now at 26 I think it is good to enter with the first part of the capital, and if it goes down more we buy with the remaining part. ❤️ The geopolitical situation is unstable, in crises wealth is made. ❤️ When there is fear and panic and red candles, buy and sell when there are green candles
Market update with Bitget's CEO and a look at trending topics
With this strong decline in the markets, it is good to follow specialists in the field and know their views on what is happening. Bitget platform experts present their view of the cryptocurrency market, Here's an overview of the August 5, 2024 market crash from Gracie Chen, CEO of Bitget. “In the past 24 hours, major crypto assets fell sharply, with Ethereum down more than 20% and Bitcoin down 11%. The derivatives market saw liquidations worth $827 million, including buy orders worth nearly $720 million. According to Alernative data .me, the Fear and Greed Index has dropped to 26, and the market is in “panic” mode. There are multiple reasons for the sudden collapse and bearish behavior in the market.
🩸 The markets declined in a frightening and terrifying manner. These declines are due to 3 main reasons: The first is the weak jobs report in America, which sparked fears that the largest economy in the world is entering a recession. The second is that the Central Bank of Japan raised interest rates by more than expected at 25 basis points. 🩸The third reason was the escalating geopolitical tensions in the Middle East region between Iran and its agents on the one hand and Israel on the other hand. $BTC
🔴 Urgent | Jeremy Siegel calls on the Fed for an emergency rate cut of 75 basis points. 🔥 We have repeatedly said and emphasized that the Fed was too late in reducing interest rates
🩸🩸 It seems that it will be a day for history and will not be forgotten, the global markets so far: 🩸#bitcoin You lose 14 thousand $ in hours! The Nikkei falls 12.4% and more than 4400 points, which is the largest daily decline in 37 years. 🩸Taiwan -8.4% 🩸US futures -3% Nasdaq 100 lost 1200 points in less than 12 hours
🩸🩸 Larger code and liquidation of #العملات_الرقمية In 2024, more than $1.12 million were liquidated, including $948 million for long deals and $166 million for short deals. It's a record for this year. 🩸🩸 One trader lost $27 million in one trade. He is gambling and betting. 🩸🩸 Future is not buying or selling, but rather just gambling and betting on the price. Understand this well. #solana #Binance $BTC
🔷 American billionaire Elon Musk criticizing the Federal Reserve Bank: It is foolish not to lower interest rates yet! 🔥 We note that all experts and analysts on Wall Street expect interest rates to be reduced next September, and this is good for #العملات_الرقمية
🔥 The fear and greed index is at good levels for buying or strengthening. It is now at 34. I think it is good for entering the first part of the capital. 🔥 But I prefer to wait to know the Iranian response to Israel
🩸🩸 In your dealings, beware of fraud and deception through what is called a “reversible payment.” A common scam is refundable payment. In such cases, the buyer transfers the money to your bank account first to make you release the cryptocurrency. Within 72 hours, especially for #P2P transactions, the buyer contacts the bank and tells him that he did not make the purchase, so the bank will cancel the payment, causing you a loss in digital currency. An easy way to protect yourself from a voidable payment is to ask the buyer to send you a photo of the transfer history as proof of his or her purchase before releasing the currency.
🔻 US stocks fell sharply, Friday, August 2, after the weak jobs report issued by the US Department of Labor, which increased fears about an impending recession. 🔻 With these declines, the world’s wealthy people suffered massive losses, amounting to about $134 billion in one day for the 500 richest people in the world.
◾ According to Forbes estimates, the 10 richest people in the world each lost at least $1 billion, including Tesla CEO Elon Musk, who lost $5.2 billion in one day.
◾ Also, LVMH CEO Bernard Arnault, who lost $3.1 billion, and Meta CEO Mark Zuckerberg, who lost $3.3 billion.
◾ The largest loss was for Amazon’s founder, Jeff Bezos, at about $16 billion... after losses that reached 9% incurred by the company’s shares. 🩸🩸And tell us in the comments how much did you lose?
🩸 If you feared a decline and decline #البيتكوين , know that the entire market has declined significantly. 🩸 The picture is not the performance of Bitcoin, #الايثيريوم , or even Bitcoin 🩸🩸 The performance of Intel stock is a frightening, even terrifying, decline.
❤️🔥 Get ready and fasten your belts, the market is getting ready to rise 🔥 Citi Bank changes its expectations regarding interest rate cuts, as it now expects the Federal Reserve to make three cuts this year, and these were its statements regarding interest rates 👇🔥 “After this report, we believe that the Federal Reserve will cut interest rates at least three times.” In 2024 - in September, November and December - in a more focused attempt to secure a soft landing, we believe there is now a realistic possibility that the first step will be a 50 basis point cut in September.” 🔥 It is known that reducing interest will have a positive impact on #العملات_الرقمية and #الذهب
🩸 Attention!! A terrifying number today in the field of #العملات_الرقمية . More than 270 million dollars were stolen and liquidated, including 229 million dollars from long owners and 40 million dollars from short owners. One gambler trader lost more than $3.90 million in one trade. 😂 All this money went to the platforms 🔥 Traders are spot owners 😂 Gamblers are those who own long and shorts
🔥 Do not sell #العملات_الرقمية now. Read now these new news and expectations and you will know that #bitcoin will move towards a new peak: ◾ Citi expects Fed interest rate cuts of 125 basis points this year, after jobs data, and 50 basis points in both September and December.
◾ Goldman Sachs adds a third cut in the federal interest rate by a quarter of a percentage point to its forecast for 2024
◾ Investors’ expectations of the Fed cutting interest rates by 50 basis points at the September meeting rise to 90%
◾ This is after the release of the monthly jobs report in America for July, which came below expectations and showed an increase in the unemployment rate to the highest level since October 2021. It is known that lowering interest rates means a large amount of liquidity will exit from the dollar, the dollar index, and treasury bonds, and its move to cryptocurrencies and gold. $ETH
📢 More than $2.9 trillion was wiped off major indices and stocks this morning due to growing fears of a global recession. 🩸 Therefore, do not be too afraid of the current decline to #العملات_الرقمية $BTC
⭕️ Attention: Currencies worth more than $73 million will be unlocked between August 5 and August 11. Their price will likely decrease temporarily. ⭕️ If you have it, think about whether to leave now or continue. We explained the issue of unlocking in several posts that you can review on my account. ⭕️ The timing of unlocking, and the amount, you can find in the picture 🩸 The largest currencies in terms of unlocking rate are: #IMX and #ENA , and I think #MODE will be affected more because the unlocking rate is greater. 🩸Details as we see 🔪🔪