A couple of days ago, I told you that 99,000 and 97,000 have a lot of selling pressure, so don't chase long positions at these levels. Today, it suddenly dropped. Only after breaking through these resistance levels can we expect to see significant volatility.
#BTCNextMove Sure! Here's a post idea about Bitcoin volatility and
Bitcoin Volatility: A Challenge, Not a Risk
Bitcoin's volatility is often cited as one of its most challenging aspects. Its price can swing wildly, sometimes within hours, leading many to consider it a risky investment. But is it really a risk, or could it be an opportunity?
Volatility, by definition, is the degree of variation in the price of an asset over time. In the case of Bitcoin, its price can fluctuate significantly due to factors like market sentiment, news, and regulatory developments. However, these fluctuations don’t necessarily make Bitcoin a risky asset. In fact, volatility can be seen as a sign of its growing maturity and adoption.
Here's why Bitcoin's volatility may not be as much of a risk as it seems:
1. Increased Adoption and Infrastructure Bitcoin's volatility is becoming more predictable as more institutional investors and regulatory frameworks come into play. The infrastructure around Bitcoin, such as exchanges and custodians, is maturing, which is leading to more stability over time.
2. Opportunity for Active Investors Volatility presents opportunities for traders and investors who know how to navigate the market. For those with a risk-tolerant mindset, Bitcoin's price swings can be a chance to profit.
3. Long-Term Store of Value Over the long run, Bitcoin's volatility has diminished compared to its early years. Many view it not as a short-term trading asset, but as a store of value that can hedge against inflation, much like gold.
4. Diversification Bitcoin adds an important diversification element to investment portfolios. Its price movements often don’t correlate with traditional assets like stocks and bonds, making it a useful tool for reducing risk in diversified portfolios.
While Bitcoin's volatility may appear daunting at first glance, it doesn't have to be a risk. With the right approach and a long-term view, volatility can be managed and even leveraged to one’s advantage.
#BTCNextMove crypto seems the most unstable thing in the world coins crushes and rises like there is no end to it. but as microstartegy said it was the best solied invesment of the decade. our mindset should change , vovilty not equal unstableness. people should learn patince
The current expectation in the crypto market for the United States potentially establishing a strategic reserve of Bitcoin is overly optimistic, while neglecting other countries. Research indicates that sovereign wealth funds in Asia and the Middle East are more likely to be the next driving force.
After Federal Reserve Chairman Powell's speech, the price of Bitcoin plummeted, suggesting that investors may have placed too much importance on the theoretical possibility of a Bitcoin strategic reserve. Moving forward, more nation-states are likely to adopt Bitcoin, but the next step is more likely to be sovereign wealth funds in Asia or the Middle East, as they already manage highly diversified asset pools.
The continuous appreciation of the dollar poses macro risks to Bitcoin, as the dollar's rise is also associated with a contraction in global money supply, which often adversely affects Bitcoin and other crypto assets. In fact, the Federal Reserve's net liquidity continues to decrease. Tightened liquidity and a stronger dollar are also the biggest risks Bitcoin faces...
The decline in Bitcoin has led to drastic changes in positions for both bulls and bears. Bulls have been stopped out, and bears are taking profits, as the price of Bitcoin seeks support in the range of $100,000 to $98,000. To reverse the downward trend, the price of Bitcoin must reclaim the range of $100,000 to $101,400 and establish a foothold on the daily chart.
Additionally, the 4-hour chart shows that bulls need Bitcoin to demonstrate strong buying power around $100,000 and successfully close above $101,400 to solidify the upward trend. If the subsequent trend cannot maintain this level, it may retest support and buying accumulation areas around $98,000.
Follow me for more information in the crypto space.
The current expectation in the crypto market for the United States potentially establishing a strategic reserve of Bitcoin is overly optimistic, while neglecting other countries. Research indicates that sovereign wealth funds in Asia and the Middle East are more likely to be the next driving force.
After Federal Reserve Chairman Powell's speech, the price of Bitcoin plummeted, suggesting that investors may have placed too much importance on the theoretical possibility of a Bitcoin strategic reserve. Moving forward, more nation-states are likely to adopt Bitcoin, but the next step is more likely to be sovereign wealth funds in Asia or the Middle East, as they already manage highly diversified asset pools.
The continuous appreciation of the dollar poses macro risks to Bitcoin, as the dollar's rise is also associated with a contraction in global money supply, which often adversely affects Bitcoin and other crypto assets. In fact, the Federal Reserve's net liquidity continues to decrease. Tightened liquidity and a stronger dollar are also the biggest risks Bitcoin faces...
The decline in Bitcoin has led to drastic changes in positions for both bulls and bears. Bulls have been stopped out, and bears are taking profits, as the price of Bitcoin seeks support in the range of $100,000 to $98,000. To reverse the downward trend, the price of Bitcoin must reclaim the range of $100,000 to $101,400 and establish a foothold on the daily chart.
Additionally, the 4-hour chart shows that bulls need Bitcoin to demonstrate strong buying power around $100,000 and successfully close above $101,400 to solidify the upward trend. If the subsequent trend cannot maintain this level, it may retest support and buying accumulation areas around $98,000.
Follow me for more information in the crypto space.
The current expectation in the crypto market for the United States potentially establishing a strategic reserve of Bitcoin is overly optimistic, while neglecting other countries. Research indicates that sovereign wealth funds in Asia and the Middle East are more likely to be the next driving force.
After Federal Reserve Chairman Powell's speech, the price of Bitcoin plummeted, suggesting that investors may have placed too much importance on the theoretical possibility of a Bitcoin strategic reserve. Moving forward, more nation-states are likely to adopt Bitcoin, but the next step is more likely to be sovereign wealth funds in Asia or the Middle East, as they already manage highly diversified asset pools.
The continuous appreciation of the dollar poses macro risks to Bitcoin, as the dollar's rise is also associated with a contraction in global money supply, which often adversely affects Bitcoin and other crypto assets. In fact, the Federal Reserve's net liquidity continues to decrease. Tightened liquidity and a stronger dollar are also the biggest risks Bitcoin faces...
The decline in Bitcoin has led to drastic changes in positions for both bulls and bears. Bulls have been stopped out, and bears are taking profits, as the price of Bitcoin seeks support in the range of $100,000 to $98,000. To reverse the downward trend, the price of Bitcoin must reclaim the range of $100,000 to $101,400 and establish a foothold on the daily chart.
Additionally, the 4-hour chart shows that bulls need Bitcoin to demonstrate strong buying power around $100,000 and successfully close above $101,400 to solidify the upward trend. If the subsequent trend cannot maintain this level, it may retest support and buying accumulation areas around $98,000.
Follow me for more information in the crypto space.
The current expectation in the crypto market for the United States potentially establishing a strategic reserve of Bitcoin is overly optimistic, while neglecting other countries. Research indicates that sovereign wealth funds in Asia and the Middle East are more likely to be the next driving force.
After Federal Reserve Chairman Powell's speech, the price of Bitcoin plummeted, suggesting that investors may have placed too much importance on the theoretical possibility of a Bitcoin strategic reserve. Moving forward, more nation-states are likely to adopt Bitcoin, but the next step is more likely to be sovereign wealth funds in Asia or the Middle East, as they already manage highly diversified asset pools.
The continuous appreciation of the dollar poses macro risks to Bitcoin, as the dollar's rise is also associated with a contraction in global money supply, which often adversely affects Bitcoin and other crypto assets. In fact, the Federal Reserve's net liquidity continues to decrease. Tightened liquidity and a stronger dollar are also the biggest risks Bitcoin faces...
The decline in Bitcoin has led to drastic changes in positions for both bulls and bears. Bulls have been stopped out, and bears are taking profits, as the price of Bitcoin seeks support in the range of $100,000 to $98,000. To reverse the downward trend, the price of Bitcoin must reclaim the range of $100,000 to $101,400 and establish a foothold on the daily chart.
Additionally, the 4-hour chart shows that bulls need Bitcoin to demonstrate strong buying power around $100,000 and successfully close above $101,400 to solidify the upward trend. If the subsequent trend cannot maintain this level, it may retest support and buying accumulation areas around $98,000.
Follow me for more information in the crypto space.
The current expectation in the crypto market for the United States potentially establishing a strategic reserve of Bitcoin is overly optimistic, while neglecting other countries. Research indicates that sovereign wealth funds in Asia and the Middle East are more likely to be the next driving force.
After Federal Reserve Chairman Powell's speech, the price of Bitcoin plummeted, suggesting that investors may have placed too much importance on the theoretical possibility of a Bitcoin strategic reserve. Moving forward, more nation-states are likely to adopt Bitcoin, but the next step is more likely to be sovereign wealth funds in Asia or the Middle East, as they already manage highly diversified asset pools.
The continuous appreciation of the dollar poses macro risks to Bitcoin, as the dollar's rise is also associated with a contraction in global money supply, which often adversely affects Bitcoin and other crypto assets. In fact, the Federal Reserve's net liquidity continues to decrease. Tightened liquidity and a stronger dollar are also the biggest risks Bitcoin faces...
The decline in Bitcoin has led to drastic changes in positions for both bulls and bears. Bulls have been stopped out, and bears are taking profits, as the price of Bitcoin seeks support in the range of $100,000 to $98,000. To reverse the downward trend, the price of Bitcoin must reclaim the range of $100,000 to $101,400 and establish a foothold on the daily chart.
Additionally, the 4-hour chart shows that bulls need Bitcoin to demonstrate strong buying power around $100,000 and successfully close above $101,400 to solidify the upward trend. If the subsequent trend cannot maintain this level, it may retest support and buying accumulation areas around $98,000.
Follow me for more information in the crypto space.
The current expectation in the crypto market for the United States potentially establishing a strategic reserve of Bitcoin is overly optimistic, while neglecting other countries. Research indicates that sovereign wealth funds in Asia and the Middle East are more likely to be the next driving force.
After Federal Reserve Chairman Powell's speech, the price of Bitcoin plummeted, suggesting that investors may have placed too much importance on the theoretical possibility of a Bitcoin strategic reserve. Moving forward, more nation-states are likely to adopt Bitcoin, but the next step is more likely to be sovereign wealth funds in Asia or the Middle East, as they already manage highly diversified asset pools.
The continuous appreciation of the dollar poses macro risks to Bitcoin, as the dollar's rise is also associated with a contraction in global money supply, which often adversely affects Bitcoin and other crypto assets. In fact, the Federal Reserve's net liquidity continues to decrease. Tightened liquidity and a stronger dollar are also the biggest risks Bitcoin faces...
The decline in Bitcoin has led to drastic changes in positions for both bulls and bears. Bulls have been stopped out, and bears are taking profits, as the price of Bitcoin seeks support in the range of $100,000 to $98,000. To reverse the downward trend, the price of Bitcoin must reclaim the range of $100,000 to $101,400 and establish a foothold on the daily chart.
Additionally, the 4-hour chart shows that bulls need Bitcoin to demonstrate strong buying power around $100,000 and successfully close above $101,400 to solidify the upward trend. If the subsequent trend cannot maintain this level, it may retest support and buying accumulation areas around $98,000.
Follow me for more information in the crypto space.
The current expectation in the crypto market for the United States potentially establishing a strategic reserve of Bitcoin is overly optimistic, while neglecting other countries. Research indicates that sovereign wealth funds in Asia and the Middle East are more likely to be the next driving force.
After Federal Reserve Chairman Powell's speech, the price of Bitcoin plummeted, suggesting that investors may have placed too much importance on the theoretical possibility of a Bitcoin strategic reserve. Moving forward, more nation-states are likely to adopt Bitcoin, but the next step is more likely to be sovereign wealth funds in Asia or the Middle East, as they already manage highly diversified asset pools.
The continuous appreciation of the dollar poses macro risks to Bitcoin, as the dollar's rise is also associated with a contraction in global money supply, which often adversely affects Bitcoin and other crypto assets. In fact, the Federal Reserve's net liquidity continues to decrease. Tightened liquidity and a stronger dollar are also the biggest risks Bitcoin faces...
The decline in Bitcoin has led to drastic changes in positions for both bulls and bears. Bulls have been stopped out, and bears are taking profits, as the price of Bitcoin seeks support in the range of $100,000 to $98,000. To reverse the downward trend, the price of Bitcoin must reclaim the range of $100,000 to $101,400 and establish a foothold on the daily chart.
Additionally, the 4-hour chart shows that bulls need Bitcoin to demonstrate strong buying power around $100,000 and successfully close above $101,400 to solidify the upward trend. If the subsequent trend cannot maintain this level, it may retest support and buying accumulation areas around $98,000.
Follow me for more information in the crypto space.
🚨A trader predicts a drop in BTC price while maintaining the $100K level💸
🗣 Bearish rumors about BTC price have resurfaced after the Federal Reserve soured the environment for Bitcoin and risk assets.
☝️The Federal Reserve halts Bitcoin's bull market
Data from Cointelegraph Markets Pro and TradingView showed a 2% gain in BTC price compared to the daily opening.
The day before, bitcoin had joined a liquidation of crypto assets and risk assets at the hands of the U.S. Federal Reserve, during which the BTC/USD pair fell to a low of USD 98,695 on Bitstamp.
📈 The blow came from Fed Chair Jerome Powell, who expressed hesitance about future interest rate cuts amid a rise in several inflation indicators.
"With today's action, we have lowered our policy rate by a full percentage point from its peak, and our policy stance is now significantly less restrictive," he said in a prepared statement at the press conference that followed the decision to cut the benchmark interest rate by 0.25%.
Recently, a lot of altcoins have been delisted from Binance, many of which are old altcoins from 201-2018. Some are following public chain or cross-chain routes. If you still hold substantial positions in altcoins from this time period, you must be cautious ⚠️. After all, drops are not something to fear; you can buy the dip. When the bull market floods in, it will be easy to take off. However, if they are delisted from Binance, there may never be another opportunity. 3623672944096503885146
It is a good time to enter the market in batches when the price drops and just wait for a rebound
独领风骚必暴富
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This market situation has probably stunned many people! At this moment, no one is asking if that low entry point can be reached anymore. Instead, it's more about 'I've been stuck again!' Sending good luck 🧧, pay attention to Brother Sao's updates and listen to the live broadcast! I will guide you on position management and asset allocation! A downturn is an opportunity! If you haven't joined Brother Sao's exclusive Binance KOL chat room, just directly enter using the articles with yellow text!
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The essence of trading is actually a profound dialogue with one's own humanity. What you think trading is may be staring at the screen, relying on various technical indicators and strategies to decide buy and sell, as if engaging in an intense battle with the market. But the real trading world tells you that this is actually an inner battle. You need to overcome your own greed, conquer fear, rid yourself of the impatience during profits and hesitation during losses, and also avoid the impulse to blindly follow the crowd. All of this is actually unrelated to the market itself, but is deeply rooted in your own heart. Therefore, rather than saying that trading is a game against the market, it is more accurate to say that in the process of trading, we are always struggling with our own humanity. Trading often requires us to act against the instincts of human nature.
Recently, partners who were eager to enter the market must be crying their hearts out, beating their chests and regretting not acting sooner. Just a few days ago, the price levels you could hardly imagine have already arrived, haven’t they? I have repeatedly reminded players who are positioning in the cycle spot market to place orders at the monthly 5-10 day lines, etc. To summarize the recent suggestions I have given to many partners regarding order placements, some have already filled the first layer, and those who haven't should continue to wait. 1. ETH, 3500, 3327, 3085 2. SOL, 200, 185, 175 3. DOGE, 0.34, 0.28, 0.22 4. UNI, 14, 12, 9 5. LINK, 23, 18, 15 6. SUI, 4.0, 3.5, 2.9 7. ENA, 0.88, 0.65 8. NIERO, 1444, 1332, 1203 (stuck) 9. LTC, 110, 100, 90 10. WIFL, 2271, 1.923 There are many more that I won't list one by one. In this market, you always have the opportunity to make money or get stuck. What truly allows you to continue making profits is patience and not being greedy. $BTC #加密市场回调 #美联储放鹰
I hope everyone has reduced their positions and stopped losses. Now we can take back the chips. The lowest dip for Bitcoin at 95000 can still hold steady here.
I hope everyone has reduced their positions and stopped losses. Now we can take back the chips. The lowest dip for Bitcoin at 95000 can still hold steady here.