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Is anyone mistaken about an altcoin season?
I went around square and saw saints commenting on which altcoin season is a sign (btc side, d.usdt down, total up, d.btc down), I suddenly felt like there are still so many chickens who don't know anything and comment like it's real, knowing a little bit just think I'm good.
You can't find what I wrote below because this is my experience and research after being beaten down by the market many times from 2016 until now.
First: I would like to say that the above signs only happen when the altcoin season is happening, when you see those signs clearly and jump in, you'll just be in a pot of boiling water for them to pluck feathers and put on a plate.
Second: Btc is the face of the market, the fluctuations of btc will affect the whole, btc must increase but may not increase as strongly as in the first stage, history shows that altcoin season does not occur at the end of the period when btc increases and then goes sideways, but during the period when btc is increasing but is no longer strong (if anyone wants to hear an explanation, please comment and let me know).
Third. Money flow will flow from high to low, but that does not mean that every coin receives money flow, so you have to look at the trading volume of btc and altcoin to know where the money flows, and how I will explain in another post.
Fourth. The altcoin season will not last long because if btc fluctuates, the market's emotions will follow it, so altcoins can easily go up and down quickly despite signs of good market health, so it is necessary to have a suitable trading strategy (risk management, capital preservation, profit optimization).
If you think you're still young, just ask, there's nothing to be shy about.
I went around square and saw saints commenting on which altcoin season is a sign (btc side, d.usdt down, total up, d.btc down), I suddenly felt like there are still so many chickens who don't know anything and comment like it's real, knowing a little bit just think I'm good.
You can't find what I wrote below because this is my experience and research after being beaten down by the market many times from 2016 until now.
First: I would like to say that the above signs only happen when the altcoin season is happening, when you see those signs clearly and jump in, you'll just be in a pot of boiling water for them to pluck feathers and put on a plate.
Second: Btc is the face of the market, the fluctuations of btc will affect the whole, btc must increase but may not increase as strongly as in the first stage, history shows that altcoin season does not occur at the end of the period when btc increases and then goes sideways, but during the period when btc is increasing but is no longer strong (if anyone wants to hear an explanation, please comment and let me know).
Third. Money flow will flow from high to low, but that does not mean that every coin receives money flow, so you have to look at the trading volume of btc and altcoin to know where the money flows, and how I will explain in another post.
Fourth. The altcoin season will not last long because if btc fluctuates, the market's emotions will follow it, so altcoins can easily go up and down quickly despite signs of good market health, so it is necessary to have a suitable trading strategy (risk management, capital preservation, profit optimization).
If you think you're still young, just ask, there's nothing to be shy about.
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Heatmap Analysis #bitcoin
1. Important Price Levels
- Strong Resistance**: The area of **56,000 - 58,000 USD** is indicated by bright areas, indicating large trading volume and could be a strong resistance zone. Here, sellers may be dominating and it is difficult for the price to break through.
- Support**: The area below **54,000 USD** is brighter, indicating large buying volume, this could be an important support zone for the current price increase.
2. Price Trend
- The price has dropped sharply to near **52,000 USD**, then bounced back. The candlestick chart shows that after bottoming at **52,000 USD**, the price is in a recovery trend to return to **54,000 USD**.
- However, the bright zones at **$56,000** and **$58,000** will be difficult resistance levels to overcome unless there is a large buying force.
3. Trading Volume
- The bright zones at **$54,000 - $56,000** show significant trading volume, which could create a big move when the price approaches these zones.
- If the volume continues to increase when the price reaches this level, the possibility of a correction is high.
4. Potential Signals
- Bullish Signal: The price could continue to increase if the current buying momentum is maintained, especially when it is at the resistance level around **$54,000**.
- Correction Risk: If the price fails to break above the **$56,000** resistance zone, it is likely that the price will be pushed back and test lower support levels.
Conclusion:
- This chart shows that Bitcoin is in the recovery phase after the drop, but the strong resistance zones around **$56,000 - $58,000** could be a big challenge.
- The important support below $54,000 will play a key role in keeping the price from falling further
1. Important Price Levels
- Strong Resistance**: The area of **56,000 - 58,000 USD** is indicated by bright areas, indicating large trading volume and could be a strong resistance zone. Here, sellers may be dominating and it is difficult for the price to break through.
- Support**: The area below **54,000 USD** is brighter, indicating large buying volume, this could be an important support zone for the current price increase.
2. Price Trend
- The price has dropped sharply to near **52,000 USD**, then bounced back. The candlestick chart shows that after bottoming at **52,000 USD**, the price is in a recovery trend to return to **54,000 USD**.
- However, the bright zones at **$56,000** and **$58,000** will be difficult resistance levels to overcome unless there is a large buying force.
3. Trading Volume
- The bright zones at **$54,000 - $56,000** show significant trading volume, which could create a big move when the price approaches these zones.
- If the volume continues to increase when the price reaches this level, the possibility of a correction is high.
4. Potential Signals
- Bullish Signal: The price could continue to increase if the current buying momentum is maintained, especially when it is at the resistance level around **$54,000**.
- Correction Risk: If the price fails to break above the **$56,000** resistance zone, it is likely that the price will be pushed back and test lower support levels.
Conclusion:
- This chart shows that Bitcoin is in the recovery phase after the drop, but the strong resistance zones around **$56,000 - $58,000** could be a big challenge.
- The important support below $54,000 will play a key role in keeping the price from falling further
See original
#LINKUSD H1 Analysis
1. **Price Level**
- The current price has reached **10.39**, an important resistance level near the EMA200 (10.33).
- Previously, the price fell to **9.28** and then bounced, indicating a strong recovery after a sell-off.
2. **EMA Line**
- **EMA50 (10.14)** crossed **EMA100 (10.14)** from below, which is a sign of a short-term bullish reversal.
- **EMA200 (10.33)** acts as a strong resistance level, the price needs to break through this level to continue the long-term uptrend.
3. **MACD Indicator**
- **MACD** is showing bullish momentum with blue bars, and the **DIF** indicator (0.07) is above **DEA** (0.06), reflecting increased buying pressure.
- However, the MACD level is positive but not too high, so we still need to be cautious with the possibility of a short-term correction.
4. **Trading Volume (Vol)**
- The average trading volume is not too high, but there are some spikes, which could be a sign of the participation of big players or profit-taking sessions.
5. **Important Zones**
- **Resistance**: 10.39 - 10.53 (where the EMA200 intersects with recent peaks).
- **Support**: 9.86 - 9.28 (where the recent bottom was formed).
Conclusion:
The current chart shows a short-term bullish signal, but for the trend to be consolidated, the price needs to break through the resistance zone of 10.33-10.53 along with high volume. In case of failure to break through, a correction to the support zone may occur.
1. **Price Level**
- The current price has reached **10.39**, an important resistance level near the EMA200 (10.33).
- Previously, the price fell to **9.28** and then bounced, indicating a strong recovery after a sell-off.
2. **EMA Line**
- **EMA50 (10.14)** crossed **EMA100 (10.14)** from below, which is a sign of a short-term bullish reversal.
- **EMA200 (10.33)** acts as a strong resistance level, the price needs to break through this level to continue the long-term uptrend.
3. **MACD Indicator**
- **MACD** is showing bullish momentum with blue bars, and the **DIF** indicator (0.07) is above **DEA** (0.06), reflecting increased buying pressure.
- However, the MACD level is positive but not too high, so we still need to be cautious with the possibility of a short-term correction.
4. **Trading Volume (Vol)**
- The average trading volume is not too high, but there are some spikes, which could be a sign of the participation of big players or profit-taking sessions.
5. **Important Zones**
- **Resistance**: 10.39 - 10.53 (where the EMA200 intersects with recent peaks).
- **Support**: 9.86 - 9.28 (where the recent bottom was formed).
Conclusion:
The current chart shows a short-term bullish signal, but for the trend to be consolidated, the price needs to break through the resistance zone of 10.33-10.53 along with high volume. In case of failure to break through, a correction to the support zone may occur.
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Analysis #ETH d3 frame
The chart shows a strong downtrend after peaking at 4,093.92, the price is currently at 2,292.40, below the Bollinger Bands average (MB - 2,834.55). The Bollinger Bands are expanding, indicating high volatility. The price moving near the lower band shows that selling pressure is dominant.
Regarding the moving averages (MA), both MA(5) and MA(10) are falling, reflecting a short-term downtrend. The price is currently below both MAs, reinforcing the negative sentiment.
High trading volume at the dips suggests that many investors are taking profits or cutting losses, increasing selling pressure.
The MACD indicator also shows continued bearish momentum as both the MACD line and the signal line (DEA) are below zero and are falling. DIF is at -236.50, indicating that the bearish momentum is still strong, with no signs of a reversal.
In short, the short-term trend is still bearish and there are no positive signals for a reversal. Investors should be cautious and monitor technical factors before making a trading decision, especially if the price continues to remain below important resistance levels.
The chart shows a strong downtrend after peaking at 4,093.92, the price is currently at 2,292.40, below the Bollinger Bands average (MB - 2,834.55). The Bollinger Bands are expanding, indicating high volatility. The price moving near the lower band shows that selling pressure is dominant.
Regarding the moving averages (MA), both MA(5) and MA(10) are falling, reflecting a short-term downtrend. The price is currently below both MAs, reinforcing the negative sentiment.
High trading volume at the dips suggests that many investors are taking profits or cutting losses, increasing selling pressure.
The MACD indicator also shows continued bearish momentum as both the MACD line and the signal line (DEA) are below zero and are falling. DIF is at -236.50, indicating that the bearish momentum is still strong, with no signs of a reversal.
In short, the short-term trend is still bearish and there are no positive signals for a reversal. Investors should be cautious and monitor technical factors before making a trading decision, especially if the price continues to remain below important resistance levels.
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LINK Price Analysis 09/07/2024
1. **Bollinger Bands (BB)**: The price has touched the lower band at **9.28** and is bouncing up, currently approaching the middle level (MA line, around **10.03**). This indicates that the price is likely to reverse to the upside. However, if the price fails to break above the middle band, the downtrend may resume.
2. **MA Line (5,10)**: The MA(5) line is below the MA(10), indicating that the short-term trend is still weak. However, the gap between the two lines is currently narrowing, signaling the possibility of a golden cross (MA(5) above MA(10)), a bullish signal.
3. **MACD**: The MACD is in the crossover phase with the signal line, and both are near the 0 level. This usually signals a potential reversal from bearish to bullish. At the same time, the histogram columns are turning from negative to positive, indicating that buying momentum is increasing.
4. **Volume**: Although there were some large volume columns before, the volume has recently decreased, which may indicate caution from buyers. However, if the price continues to increase with higher volume, the uptrend will be reinforced.
**Conclusion**: Potential growth signal after a sharp decline. However, it is necessary to monitor the volume factor and the intersection of the MA and MACD indicators to confirm a stronger uptrend.
Support me with 1 like and 1 follow!!!#LINK
1. **Bollinger Bands (BB)**: The price has touched the lower band at **9.28** and is bouncing up, currently approaching the middle level (MA line, around **10.03**). This indicates that the price is likely to reverse to the upside. However, if the price fails to break above the middle band, the downtrend may resume.
2. **MA Line (5,10)**: The MA(5) line is below the MA(10), indicating that the short-term trend is still weak. However, the gap between the two lines is currently narrowing, signaling the possibility of a golden cross (MA(5) above MA(10)), a bullish signal.
3. **MACD**: The MACD is in the crossover phase with the signal line, and both are near the 0 level. This usually signals a potential reversal from bearish to bullish. At the same time, the histogram columns are turning from negative to positive, indicating that buying momentum is increasing.
4. **Volume**: Although there were some large volume columns before, the volume has recently decreased, which may indicate caution from buyers. However, if the price continues to increase with higher volume, the uptrend will be reinforced.
**Conclusion**: Potential growth signal after a sharp decline. However, it is necessary to monitor the volume factor and the intersection of the MA and MACD indicators to confirm a stronger uptrend.
Support me with 1 like and 1 follow!!!#LINK
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LINK Price Analysis September 5, 2024!!
1. **Bollinger Bands (BB)**:
- The price is moving within the Bollinger Bands with a downward trend, near the lower border. It shows that the price may be in the oversold zone, but there is no clear sign of a reversal.
- The middle line (MB) is currently sloping down, confirming the downtrend.
2. **MACD**:
- The MACD line is slightly crossing below the signal line and both are in the negative zone, indicating that the price may fall further.
- However, the difference is not too large, it is possible that this decline is not too strong or is nearing its end.
3. **Recent Price**:
- The recent price is 10.19, just bounced from the recent bottom of 9.82. There is a possibility of a short-term small recovery before deciding the next trend.
4. **Trading volume**:
- Volume does not increase suddenly, this shows that the selling force is not too strong or buyers and sellers are still cautious.
In summary, the price is in a downtrend, but there is a possibility of a short-term recovery.
AE be careful with firewood.
1. **Bollinger Bands (BB)**:
- The price is moving within the Bollinger Bands with a downward trend, near the lower border. It shows that the price may be in the oversold zone, but there is no clear sign of a reversal.
- The middle line (MB) is currently sloping down, confirming the downtrend.
2. **MACD**:
- The MACD line is slightly crossing below the signal line and both are in the negative zone, indicating that the price may fall further.
- However, the difference is not too large, it is possible that this decline is not too strong or is nearing its end.
3. **Recent Price**:
- The recent price is 10.19, just bounced from the recent bottom of 9.82. There is a possibility of a short-term small recovery before deciding the next trend.
4. **Trading volume**:
- Volume does not increase suddenly, this shows that the selling force is not too strong or buyers and sellers are still cautious.
In summary, the price is in a downtrend, but there is a possibility of a short-term recovery.
AE be careful with firewood.
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Chainlink(LINK) Price Analysis 1/9/2024
Price action shows that after a sharp drop to 10.50, the price tends to move sideways and fluctuate in a narrow range between 10.50 and 11.00. The Bollinger Bands indicator shows that the price is near the lower band (10.89), signaling a possibility of recovery or continued sideways movement. The MACD has almost no clear crossover, showing a lack of direction in the market. The decreasing liquidity also shows indecision from investors.
Trading strategy:
Open a buy order when the price exceeds 11.00,
Stop loss below 10.50,
Take profit at 11.70.
***Give me a follow so I have motivation🥳🥳🥳
>>Note: the market can have unusual fluctuations, manage risks, always set SL
>>>Do your own research and be responsible for your money😊😊😊
#LINKUSD
Price action shows that after a sharp drop to 10.50, the price tends to move sideways and fluctuate in a narrow range between 10.50 and 11.00. The Bollinger Bands indicator shows that the price is near the lower band (10.89), signaling a possibility of recovery or continued sideways movement. The MACD has almost no clear crossover, showing a lack of direction in the market. The decreasing liquidity also shows indecision from investors.
Trading strategy:
Open a buy order when the price exceeds 11.00,
Stop loss below 10.50,
Take profit at 11.70.
***Give me a follow so I have motivation🥳🥳🥳
>>Note: the market can have unusual fluctuations, manage risks, always set SL
>>>Do your own research and be responsible for your money😊😊😊
#LINKUSD
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ATOM Price Analysis!!!
1. **Main Trend:**
- The price reached a high of 44,800, then dropped sharply to 9,931 and continued to decline below 4,656.
- The long-term trend shows a significant decline after a period of strong growth.
2. **Bollinger Bands:**
- The Bollinger Bands are widening, which usually indicates increased volatility.
- The current price is moving near the lower Bollinger band, indicating that the downtrend may continue.
3. **Moving Average (MA):**
- The MA(5) and MA(10) are above the current price, indicating a downtrend.
- The MA(10) is above the MA(5), a sign that the downtrend may continue.
4. **Trading volume:**
- Trading volume has decreased after a period of explosion, which may indicate a lack of interest from investors at the moment.
**Conclusion:**
- The price is in a long-term downtrend with weak support from technical indicators.
- If the price continues to hold below the MA lines and the lower Bollinger band, the downtrend may continue.
***Give me a follow-up to motivate me🥳🥳🥳
>>Note: the market may have unusual fluctuations, manage your risk, always set SL
>>>Do your own research and be responsible for your money😊😊😊
1. **Main Trend:**
- The price reached a high of 44,800, then dropped sharply to 9,931 and continued to decline below 4,656.
- The long-term trend shows a significant decline after a period of strong growth.
2. **Bollinger Bands:**
- The Bollinger Bands are widening, which usually indicates increased volatility.
- The current price is moving near the lower Bollinger band, indicating that the downtrend may continue.
3. **Moving Average (MA):**
- The MA(5) and MA(10) are above the current price, indicating a downtrend.
- The MA(10) is above the MA(5), a sign that the downtrend may continue.
4. **Trading volume:**
- Trading volume has decreased after a period of explosion, which may indicate a lack of interest from investors at the moment.
**Conclusion:**
- The price is in a long-term downtrend with weak support from technical indicators.
- If the price continues to hold below the MA lines and the lower Bollinger band, the downtrend may continue.
***Give me a follow-up to motivate me🥳🥳🥳
>>Note: the market may have unusual fluctuations, manage your risk, always set SL
>>>Do your own research and be responsible for your money😊😊😊
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LINK price update on August 31, 2024
>>>Link closed the previous day's candle with a green candle with a long candle wick and not too high volume, showing that the buyers are trying to push the price up but not really strong. If the market is good in the coming days, LINK may return to the previous peak level: 12.4$ , on the contrary, the price range below 10$ is likely to return.
---In the coming time, I think LINK will go quite uncomfortably because I have not seen the cash flow yet. If you have faith in the project, you can consider DCA below 10$ , this is a fairly strong support area
***Please follow me to motivate me🥳🥳🥳
>>Note: the market can have unusual fluctuations, so manage your risks and always set SL
>>>Do your own research and be responsible for your money😊😊😊#LINKUSD
>>>Link closed the previous day's candle with a green candle with a long candle wick and not too high volume, showing that the buyers are trying to push the price up but not really strong. If the market is good in the coming days, LINK may return to the previous peak level: 12.4$ , on the contrary, the price range below 10$ is likely to return.
---In the coming time, I think LINK will go quite uncomfortably because I have not seen the cash flow yet. If you have faith in the project, you can consider DCA below 10$ , this is a fairly strong support area
***Please follow me to motivate me🥳🥳🥳
>>Note: the market can have unusual fluctuations, so manage your risks and always set SL
>>>Do your own research and be responsible for your money😊😊😊#LINKUSD
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WARNING 🚨 Spot Trading Pair Removal
As always, BINANCE Announcement
To protect users and maintain a high-quality trading market, Binance conducts periodic reviews of all listed spot trading pairs and may delist some spot trading pairs due to various factors, such as low liquidity and trading volume.
Based on Binance's most recent reviews, Binance will delist and cease trading the following spot trading pairs:
At 03:00 on 2024/08/30 (UTC): ALCX/BTC, BCH/TUSD, CHZ/BRL, ETHFI/BNB, OMNI/BRL
>>>
As always, BINANCE Announcement
To protect users and maintain a high-quality trading market, Binance conducts periodic reviews of all listed spot trading pairs and may delist some spot trading pairs due to various factors, such as low liquidity and trading volume.
Based on Binance's most recent reviews, Binance will delist and cease trading the following spot trading pairs:
At 03:00 on 2024/08/30 (UTC): ALCX/BTC, BCH/TUSD, CHZ/BRL, ETHFI/BNB, OMNI/BRL
>>>
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SOL price update on 29/8/2024#SolanaUSTD
SOL price in D3 frame closed a bearish candle with the candle body covering the previous bullish candle, the possibility is that in the next few days the price will move within the range of the body, so the price will decrease if the price breaks out:
1: D1 closed the candle below: 142$ open short position and target: 128$
2: D1 closed the candle above: 160$ open long position and target: 180$
>>Note: the market may have unusual fluctuations, please manage risks, always set SL
>>>Do your own research and be responsible for your money😊😊😊
SOL price in D3 frame closed a bearish candle with the candle body covering the previous bullish candle, the possibility is that in the next few days the price will move within the range of the body, so the price will decrease if the price breaks out:
1: D1 closed the candle below: 142$ open short position and target: 128$
2: D1 closed the candle above: 160$ open long position and target: 180$
>>Note: the market may have unusual fluctuations, please manage risks, always set SL
>>>Do your own research and be responsible for your money😊😊😊
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LINK price update on 8/29/2024
**LINK closed the D1 candle with a narrow candle body and average volume, showing signs of decreasing selling pressure and the buyers are returning.#LINKUSD
1. If the H1 candle closes below 11.15$ , you can short and target: $11
2. If the H1 closes above the diagonal trend line, target: 11.40; 11.63
>>Note: the market may have unusual fluctuations, please manage your risk, always set SL
**LINK closed the D1 candle with a narrow candle body and average volume, showing signs of decreasing selling pressure and the buyers are returning.#LINKUSD
1. If the H1 candle closes below 11.15$ , you can short and target: $11
2. If the H1 closes above the diagonal trend line, target: 11.40; 11.63
>>Note: the market may have unusual fluctuations, please manage your risk, always set SL
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**Chainlink Token Price Analysis This Week**
Chainlink’s LINK token price has seen notable volatility this week. After a slight increase at the beginning of the week, LINK faced selling pressure as the global cryptocurrency market fluctuated sharply. LINK’s recovery was mainly hampered by pressure from Bitcoin and Ethereum, as the two major coins struggled to break above key resistance levels.
However, LINK has maintained a stable price thanks to advances in the smart contract space and the expansion of the Chainlink ecosystem. Chainlink’s integration into DeFi projects and the development of oracle services have provided fundamental support for the token price, keeping LINK from falling too far.
In the short term, LINK’s price may continue to fluctuate in line with the general trend of the cryptocurrency market. However, in the long term, if Chainlink continues to expand its role in DeFi and gain wider adoption, LINK price could have the potential to grow positively.
Investors should monitor technical factors such as recent support and resistance levels, as well as stay updated on Chainlink's partnerships and technological developments to make informed investment decisions.#LINK🔥🔥🔥
Chainlink’s LINK token price has seen notable volatility this week. After a slight increase at the beginning of the week, LINK faced selling pressure as the global cryptocurrency market fluctuated sharply. LINK’s recovery was mainly hampered by pressure from Bitcoin and Ethereum, as the two major coins struggled to break above key resistance levels.
However, LINK has maintained a stable price thanks to advances in the smart contract space and the expansion of the Chainlink ecosystem. Chainlink’s integration into DeFi projects and the development of oracle services have provided fundamental support for the token price, keeping LINK from falling too far.
In the short term, LINK’s price may continue to fluctuate in line with the general trend of the cryptocurrency market. However, in the long term, if Chainlink continues to expand its role in DeFi and gain wider adoption, LINK price could have the potential to grow positively.
Investors should monitor technical factors such as recent support and resistance levels, as well as stay updated on Chainlink's partnerships and technological developments to make informed investment decisions.#LINK🔥🔥🔥
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**How to Build an Effective Investment Portfolio**
**1. Understand your investment goals:**
Before you start building your portfolio, it is important to clearly define your investment goals. Investment goals may include wealth accumulation, capital preservation, or passive income generation. Each goal will determine the investment strategy and approach you should adopt.
**2. Risk tolerance assessment:**
Before you start building your portfolio, it is important to clearly define your investment goals. Investment goals may include wealth accumulation, capital preservation, or passive income generation. Each goal will determine the investment strategy and approach you should adopt.
**2. Risk tolerance assessment:**
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**Introduction to Alchemy Pay (ACH) Project**
#ACH **1. Alchemy Pay Overview:**
Alchemy Pay (ACH) is a decentralized finance (DeFi) and centralized payment (CeFi) project that combines to create a bridge between cryptocurrencies and traditional currencies. Launched in 2018, Alchemy Pay makes it easy for users and businesses to integrate cryptocurrency payment methods into existing payment systems, while supporting seamless conversion of cryptocurrencies to fiat currencies and vice versa.
Alchemy Pay (ACH) is a decentralized finance (DeFi) and centralized payment (CeFi) project that combines to create a bridge between cryptocurrencies and traditional currencies. Launched in 2018, Alchemy Pay makes it easy for users and businesses to integrate cryptocurrency payment methods into existing payment systems, while supporting seamless conversion of cryptocurrencies to fiat currencies and vice versa.
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When the market grows?
You think you're good, you're not, you're just lucky.
You think you researched and chose the correct Coin, 😄😄crap!. This market has several projects that are applied in practice and generate revenue. Most of them are inflatable and fomo so don't think it will still go up in price
Remember:
1: Limit risks
2: capital preservation
3: preserve profits
Whoever has profit will withdraw his roots!!! Sincerely
You think you're good, you're not, you're just lucky.
You think you researched and chose the correct Coin, 😄😄crap!. This market has several projects that are applied in practice and generate revenue. Most of them are inflatable and fomo so don't think it will still go up in price
Remember:
1: Limit risks
2: capital preservation
3: preserve profits
Whoever has profit will withdraw his roots!!! Sincerely
See original
Broker Bernstein 'Now I'm Convinced' That Bitcoin Will Reach $150K After Hitting ATH.
Analysts also predict that bitcoin will 'explode' after the halving and forecast an increase in mining company stock prices.
The broker reiterated its $150,000 price target for BTC, citing booming exchange-traded fund (ETF) inflows, and said investors should buy shares of bitcoin miners to gain exposure. upcoming recovery.
Mining company stocks fell sharply in the early session on Monday. CleanSpark (CLSK) led the decline 9%, Marathon Digital (MARA) fell 6.7% and Riot Platforms (RIOT) fell 2.5%. He believes the stock is undervalued because traditional investors are skeptical.
He believes that with BTC reaching a new peak, mining companies' attention will return to prices and transaction fees.
#BTC/USDT.
Analysts also predict that bitcoin will 'explode' after the halving and forecast an increase in mining company stock prices.
The broker reiterated its $150,000 price target for BTC, citing booming exchange-traded fund (ETF) inflows, and said investors should buy shares of bitcoin miners to gain exposure. upcoming recovery.
Mining company stocks fell sharply in the early session on Monday. CleanSpark (CLSK) led the decline 9%, Marathon Digital (MARA) fell 6.7% and Riot Platforms (RIOT) fell 2.5%. He believes the stock is undervalued because traditional investors are skeptical.
He believes that with BTC reaching a new peak, mining companies' attention will return to prices and transaction fees.
#BTC/USDT.
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To those new to the market🐮🐄
Part 1:
I know that during this period the market is growing hot, BTC has set a new peak, the press talks about digital currencies a lot, many projects have increased dozens of times in a short time, thereby creating a get-rich-quick mentality, extremely strong fomo. I have some advice if you think it's reasonable then listen, if not then listen for fun🍞🍞🍞..
1. Be careful with projects with too large a total supply (>10 billion coins) that are difficult to increase sustainably.
2. Stay away from Margin (many people say it's to optimize profits, but I think it's just to magnify your position. In fact, if you win more, you lose more).
3. Don't diversify too much, just focus on a few projects that have been carefully researched and have confidence in them.
4. When your coin increases, don't sell it all but remember to withdraw your principal.
5. Do your own research, don't trust anyone, no matter how good the KOL is.
💪💪💪💎💎💎🎉🎉
End of part 1....#BTC/USDT. , #LINKUSD
Part 1:
I know that during this period the market is growing hot, BTC has set a new peak, the press talks about digital currencies a lot, many projects have increased dozens of times in a short time, thereby creating a get-rich-quick mentality, extremely strong fomo. I have some advice if you think it's reasonable then listen, if not then listen for fun🍞🍞🍞..
1. Be careful with projects with too large a total supply (>10 billion coins) that are difficult to increase sustainably.
2. Stay away from Margin (many people say it's to optimize profits, but I think it's just to magnify your position. In fact, if you win more, you lose more).
3. Don't diversify too much, just focus on a few projects that have been carefully researched and have confidence in them.
4. When your coin increases, don't sell it all but remember to withdraw your principal.
5. Do your own research, don't trust anyone, no matter how good the KOL is.
💪💪💪💎💎💎🎉🎉
End of part 1....#BTC/USDT. , #LINKUSD
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Avalanche's AVAX is about to unlock $365 million worth of tokens
Unlocking often leads to a decrease in the price of the coin.
Recently, AVAX's price growth has been somewhat slower than the market. It is down 3% this past week, which comes as about 9.5 million previously locked AVAX tokens, worth $365 million, will be released on Thursday, increasing its circulating supply to about 2.6 %.
Approximately 4.5 million tokens will be transferred to team members, 2.25 million to strategic partners, 1.67 million to the ecosystem development platform, while 1.13 million are reserved for airdrops.
On-chain data shows that approximately 58% of AVAX's total tokens have been unlocked.
#AVAX
Unlocking often leads to a decrease in the price of the coin.
Recently, AVAX's price growth has been somewhat slower than the market. It is down 3% this past week, which comes as about 9.5 million previously locked AVAX tokens, worth $365 million, will be released on Thursday, increasing its circulating supply to about 2.6 %.
Approximately 4.5 million tokens will be transferred to team members, 2.25 million to strategic partners, 1.67 million to the ecosystem development platform, while 1.13 million are reserved for airdrops.
On-chain data shows that approximately 58% of AVAX's total tokens have been unlocked.
#AVAX
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Have you returned to shore yet?
This is the chart of my coin holding which is currently 36% profitable of the total account🤪🤪
Compared to many of you, that's not much. But for me, that's okay after nearly 2 years of having a negative account. Personally, I think we are currently in the early stages of a long-term price increase cycle and there are still many opportunities for new people.
Those of you who have gone through the bear season of 2022 and still exist now, I would like to congratulate you that the next time will probably be more pleasant.
Always have a long-term vision in the market!!
#Write2Earn #btc #LINK
This is the chart of my coin holding which is currently 36% profitable of the total account🤪🤪
Compared to many of you, that's not much. But for me, that's okay after nearly 2 years of having a negative account. Personally, I think we are currently in the early stages of a long-term price increase cycle and there are still many opportunities for new people.
Those of you who have gone through the bear season of 2022 and still exist now, I would like to congratulate you that the next time will probably be more pleasant.
Always have a long-term vision in the market!!
#Write2Earn #btc #LINK