Binance Square
Home
Notification
Profile
Trending Articles
News
Creator Center
Settings
LIVE
LIVE
LONG BTC
--ใƒป1.1k views
๐ŸŽ‰Hey there, Bitcoin enthusiasts! ๐ŸŽ‰ Buckle up because we're diving into the wild ride that is BTC's market performance. ๐ŸŽข Since the bear market in 2022, BTC has seen some serious pullbacks, with losses up to 23% at times. ๐Ÿ˜ฑ But don't fret! These dips could actually be golden opportunities for investors. ๐ŸŒˆ๐Ÿ’ฐ According to crypto trader and analyst Rekt Capital, buying BTC after a roughly 20% pullback could lead to substantial gains as the crypto asset bounces back. ๐Ÿš€ 2022 was a rough year for BTC, with the collapse of the TerraLuna ecosystem and the crash of FTX causing BTC to drop to a low not seen since November 2020. ๐Ÿ˜” But every cloud has a silver lining, right? BTC rallied for the rest of 2023 and into mid-January 2024, thanks to the excitement around the approval of the first wave of spot Bitcoin ETFs in the US. ๐ŸŽ‰๐Ÿ‡บ๐Ÿ‡ธ But hold onto your hats, because 2024 brought more turbulence. BTC saw a 21% plunge in January after the approval of the spot Bitcoin ETFs, and another 18% drop in March. ๐Ÿ˜ฒ Rekt Capital suggests that the closer BTC gets to a 20% fall, the better the buying opportunity. So keep your eyes peeled for the next dip, because it could be your ticket to some serious returns! ๐ŸŽŸ๏ธ๐Ÿ’ฐ Remember, the crypto market is a rollercoaster, but with the right strategy, you could be laughing all the way to the bank! ๐ŸŽข๐Ÿ’ต

๐ŸŽ‰Hey there, Bitcoin enthusiasts! ๐ŸŽ‰ Buckle up because we're diving into the wild ride that is BTC's market performance. ๐ŸŽข

Since the bear market in 2022, BTC has seen some serious pullbacks, with losses up to 23% at times. ๐Ÿ˜ฑ But don't fret! These dips could actually be golden opportunities for investors. ๐ŸŒˆ๐Ÿ’ฐ According to crypto trader and analyst Rekt Capital, buying BTC after a roughly 20% pullback could lead to substantial gains as the crypto asset bounces back. ๐Ÿš€

2022 was a rough year for BTC, with the collapse of the TerraLuna ecosystem and the crash of FTX causing BTC to drop to a low not seen since November 2020. ๐Ÿ˜” But every cloud has a silver lining, right? BTC rallied for the rest of 2023 and into mid-January 2024, thanks to the excitement around the approval of the first wave of spot Bitcoin ETFs in the US. ๐ŸŽ‰๐Ÿ‡บ๐Ÿ‡ธ

But hold onto your hats, because 2024 brought more turbulence. BTC saw a 21% plunge in January after the approval of the spot Bitcoin ETFs, and another 18% drop in March. ๐Ÿ˜ฒ Rekt Capital suggests that the closer BTC gets to a 20% fall, the better the buying opportunity. So keep your eyes peeled for the next dip, because it could be your ticket to some serious returns! ๐ŸŽŸ๏ธ๐Ÿ’ฐ

Remember, the crypto market is a rollercoaster, but with the right strategy, you could be laughing all the way to the bank! ๐ŸŽข๐Ÿ’ต

Disclaimer: Includes third-party opinions. No financial advice.ย See T&Cs.
0
Explore Content For You
Sign up now for a chance to earn 100 USDT in rewards!
or
Sign up as an entity
or
Log In
Relevant Creator
LIVE
LONG BTC
@Square-Creator-4d9133520

Explore More From Creator

๐Ÿš€๐ŸŒ• Hey there, Bitcoin enthusiasts! SEC Chairman Gary Gensler seems to be a bit fed up with all the crypto questions he's been getting lately. In a recent interview with CNBC, Gensler expressed his frustration over the "outsized ratio" of crypto-focused questions, arguing that the financial media's attention should be more evenly distributed across the $110 trillion capital markets. ๐Ÿ“ˆ๐Ÿ’ฐ Despite crypto's relatively small market cap of $2.3 trillion, Gensler acknowledged that it represents an "outsized piece of the scams, frauds, and problems" across the market. This might explain why journalists are so crypto-focused. ๐Ÿง๐Ÿ’ญ But let's not forget, the SEC has been pretty crypto-focused too! Over the past 18 months, they've filed several lawsuits and Wells Notices against major crypto companies with ties to the US, including Binance, Coinbase, Kraken, and Robinhood. In 2023 alone, the SEC brought 43 enforcement actions against digital asset market participants. ๐Ÿš”โš–๏ธ Gensler's stance on Bitcoin remains cautious. Despite the SEC's approval of Bitcoin spot ETFs in January, Gensler asserted that the agency did not approve of Bitcoin as an asset. He also argued that Bitcoin is fundamentally centralized. So, while we're all excited about the future of Bitcoin, it seems like the SEC still has some reservations. ๐Ÿค”๐Ÿ’ก Stay tuned, folks! The crypto world is always full of surprises! ๐ŸŽ‰๐ŸŒ
--
๐Ÿ”ฅHot off the press!๐Ÿ”ฅ RD Technologies is integrating Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Proof of Reserve (PoR) to power its Hong Kong dollar stablecoin, HKDR. ๐Ÿš€ This integration will enable secure and reliable cross-chain transfers of HKDR and easier access to the new stablecoin. Plus, Chainlink's PoR will provide reliable on-chain verification of HKDR's reserve backing. ๐ŸŽฏ The goal? To enable more businesses and merchants to settle payments in HKDR, enjoy faster and cheaper cross-border payments, and enable reliable transfer of tokenized real-world assets (RWA) using the stablecoin. ๐ŸŒ๐Ÿ’ผ RD Technologies CEO Rita Liu is optimistic, saying this integration will facilitate the adoption of HKDR in cross-border payments, real-world assets tokenization, and other on-chain finance applications. She also sees it as a step towards making Hong Kong a global Web 3 and virtual assets hub. ๐Ÿฆ๐Ÿ’ช Meanwhile, the LINK token is underperforming, dropping 2% on the day to $14.28 amid a broader altcoin market retreat. But don't fret, BTC enthusiasts! Analysts predict that the altseason is just around the corner, and LINK usually performs well then. So, keep your eyes peeled! ๐Ÿ‘€๐Ÿ“ˆ
--
๐ŸšจCrypto news alert! ๐Ÿšจ The notorious hacker behind the Poloniex attack in November 2023 is back in action. This time, the cybercriminal has transferred over 1,100 Ether (ETH) to the controversial crypto mixer Tornado Cash. ๐Ÿ’ธ The hacker didn't stop there, they also moved 501.62 BTC (worth around $32 million) on April 30 to an unknown Bitcoin address. ๐Ÿ•ต๏ธโ€โ™‚๏ธ The hacker's portfolio is currently bulging with assets worth $181.3 million, including Ether, TRX, Bitcoin (BTC), BTCT, and Floki. Ether is their largest holding, with 25,563 ETH worth a whopping $78.6 million. ๐Ÿค‘ Remember, Poloniex lost a staggering $125 million in crypto assets to this hacker, with over 175 different tokens stolen from the exchange's hot wallet. ๐Ÿ˜ฑ Despite being sanctioned by the United States Department of the Treasuryโ€™s Office of Foreign Assets Control (OFAC) in August 2022, Tornado Cash is still being used by cybercriminals to obscure transaction trails. ๐ŸŒช๏ธ๐Ÿ’ฐ The developers behind Tornado Cash are facing allegations of money laundering and sanctions violations. One of them, Alexey Pertsev, was accused of laundering crypto worth $1.2 billion through the mixer. ๐Ÿ˜ฎ Stay tuned for more updates on this thrilling crypto saga! ๐Ÿš€๐ŸŒ•
--
๐Ÿš€Hold on to your crypto hats, folks! Hong Kong's Bitcoin ETFs have hit their first bump in the road since their launch on April 30th. The China Asset Management Bitcoin ETF experienced its first daily BTC outflows on Monday, while other Hong Kong-based products remained steady. ๐Ÿ“‰ Despite this, the three Bitcoin ETFs launched in Hong Kong last week have already amassed a whopping $262 million in assets under management (AUM) within their first week. However, this figure is somewhat dwarfed when compared to the billions that flowed into U.S. spot Bitcoin ETFs back in January. ๐Ÿค” Meanwhile, the world's first Hong Kong spot Ethereum ETFs didn't make a huge splash, with a combined $54.2 million in AUM and total inflows of $9.3 million as of May 6th. ๐ŸŒŠ Despite these figures, Bitcoin experienced a weekend surge, now trading close to $64,000, up from below $57,000 last week. ๐Ÿš€ Senior Bloomberg ETF analyst Eric Balchunas has advised investors not to expect substantial numbers in Hong Kong compared to the U.S. market. He explained that the $310 million AUM of the Hong Kong ETFs is equivalent to $50 billion in the U.S. market. Therefore, these ETFs are already as substantial in their local market as U.S. ones are in theirs. ๐ŸŒ However, the Hong Kong equities sector faces liquidity challenges due to slower economic growth in mainland China since 2022. In addition, these assets are currently inaccessible to mainland Chinese investors unless they also hold Hong Kong residency. This restriction could lead to lower transaction volumes for the ETFs than the United States. ๐Ÿšง So, while the road may be a bit bumpy, it seems the journey for Bitcoin and Ethereum ETFs in Hong Kong is just getting started! ๐Ÿš€๐ŸŒ™
--
๐Ÿš€๐Ÿš€Buckle up, BTC enthusiasts!๐Ÿš€๐Ÿš€ There's a new kid on the crypto block that's making waves - Shiba Inu (SHIB). Some influential social media users and traders are piling up on SHIB, citing its strong market potential and technical patterns that predict a significant price surge. Among the SHIB believers is Del Crxpto, a user with almost 100,000 followers. He's been accumulating the meme coin, hinting at a bright future for SHIB. However, he's keeping the details under wraps to maintain his SHIB relationships. ๐Ÿคซ๐Ÿค Ali Martinez, another popular trader, has also been placing buying orders on Shiba Inu. He's optimistic about SHIB's price trajectory, suggesting a potential 300% rally. Rekt Capital and crypto content creator Jake Gagain have also expressed bullish predictions for SHIB. ๐Ÿ‚๐Ÿ“ˆ So, what could trigger a SHIB bull run? A few factors are at play here. First, the SHIB burn rate, which has been skyrocketing with millions of tokens removed from circulation. Second, the development of Shibarium, SHIB's layer-2 scaling solution, which has recently undergone two major updates. Lastly, the decreasing supply of SHIB tokens on crypto exchanges could signal an incoming rally. ๐Ÿš€๐ŸŒ• So, is it time to start buying SHIB? Well, that's a decision you'll have to make. But one thing is clear - SHIB is certainly making some noise in the crypto world! ๐Ÿ•๐Ÿ”ฅ๐Ÿš€
--

Latest News

PublicAI Partners With OpenLayer To Develop Web3 +AI Infrastructure
--
Blockchain Network Telos Receives $1 Million Strategic Investment From Presto Labs
--
EDX Markets Launches Settlement Platform EDXM Global
--
Redstone Chain To Discontinue Lattice And Redstone Holesky Testnets
--
Elusiv Team Launches Incentive Private Test Network Arcium
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie