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vipulmistry

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Dec 19, 2024
Dec 19, 2024
Market analysis:
BTC fell to 98700 in the afternoon and closed near the bottom, touching the lower edge of the upward channel. The rebound was strong, the negative news was gradually digested, the macro trend was still bullish, the altcoins fell, and the overall market tested the oversold support point on December 10 for the second time. It touched the weekly K support and began to rebound. Pay attention to the support of 99300 during the day, and pay attention to the upper pressure of 102600-103600!

Operation ideas:
Mainly operate BTC and ETH, avoid altcoins, buy on dips, split warehouse layout, and strictly stop profit and stop loss!
Dec 19, 2024
Dec 19, 2024
Bullish
$BTC 🚨 Global #Bitcoin ETFs now hold over 1.3 million $BTC

They now control ~5.5% off he total supply-in less than 12 Months.
Dec 19, 2024
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Dec 25, 2024
#ReboundRally 1️⃣. Bitcoin's December 2024 Price Drop Bitcoin hit its lowest December price of $92,442 on December 23, marking a 14.5% drop from its peak of $107,600 on December 17, surprising investors expecting a holiday rally. 2️⃣. Disappointment in Historical Trends: Historically, Bitcoin has shown gains during the holiday season, notably in 2016 and 2020, but this year failed to replicate that trend, challenging investor expectations. 3️⃣. Weekly Decline: Bitcoin recorded an 11% decline for the week ending December 24, with prices briefly recovering to $95,000 before falling again to $94,000. 4️⃣. Market Volatility: The underperformance is attributed to persistent market volatility and broader economic uncertainties impacting investor confidence. #vipulmistry
#ReboundRally

1️⃣. Bitcoin's December 2024 Price Drop
Bitcoin hit its lowest December price of $92,442 on December 23, marking a 14.5% drop from its peak of $107,600 on December 17, surprising investors expecting a holiday rally.
2️⃣. Disappointment in Historical Trends:
Historically, Bitcoin has shown gains during the holiday season, notably in 2016 and 2020, but this year failed to replicate that trend, challenging investor expectations.
3️⃣. Weekly Decline: Bitcoin recorded an 11% decline for the week ending December 24, with prices briefly recovering to $95,000 before falling again to $94,000.
4️⃣. Market Volatility:
The underperformance is attributed to persistent market volatility and broader economic uncertainties impacting investor confidence.

#vipulmistry
Dec 25, 2024
Dec 21, 2024
#MarketPullback Some of you have asked, what exactly is a “Market Pullback” or “Market Correction”? 🤔 Let me explain it my way! Imagine you’re selling potatoes 🥔. One day, someone announces a fast food fair where everyone can bring French fries 🍟 and compete to become the best fries spot in town! Suddenly, everyone starts rushing to buy potatoes to make fries. With high demand and limited supply, the price starts rising. 💰 Now, some clever (but dishonest) folks start buying up huge amounts of potatoes, hoarding them, and selling them for even higher prices. Let’s call this the "potato syndicate." 😏 After a while, the price shoots up by 60%! But then the government steps in, reveals the actual supply of potatoes, and announces the market correction, which makes the price drop by 10%. 📉 This is price correction. The next day, sellers from other cities bring in their potatoes and the price drops another 25% as the competition heats up. This is what we call a pullback. 🛑 Then, suddenly, the government announces they’re going to import potatoes from China 🇨🇳 and just like that—boom! The market crashes, and the price tumbles by 50%. 📉 That’s a market crash. Finally, someone does their homework and reveals that the fast food fair was all a scam! 😱 As soon as the news spreads, the price of potatoes crashes to nearly 0. This is what we call a market scam. 🚨 So, for the current bearish trend, which one seems like the right indicator? 🤔 My guess is a Market Crash. What do you think? 💭 #vipulmistry
#MarketPullback
Some of you have asked, what exactly is a “Market Pullback” or “Market Correction”? 🤔 Let me explain it my way!
Imagine you’re selling potatoes 🥔. One day, someone announces a fast food fair where everyone can bring French fries 🍟 and compete to become the best fries spot in town! Suddenly, everyone starts rushing to buy potatoes to make fries. With high demand and limited supply, the price starts rising. 💰
Now, some clever (but dishonest) folks start buying up huge amounts of potatoes, hoarding them, and selling them for even higher prices. Let’s call this the "potato syndicate." 😏
After a while, the price shoots up by 60%! But then the government steps in, reveals the actual supply of potatoes, and announces the market correction, which makes the price drop by 10%. 📉 This is price correction.
The next day, sellers from other cities bring in their potatoes and the price drops another 25% as the competition heats up. This is what we call a pullback. 🛑
Then, suddenly, the government announces they’re going to import potatoes from China 🇨🇳 and just like that—boom! The market crashes, and the price tumbles by 50%. 📉 That’s a market crash.
Finally, someone does their homework and reveals that the fast food fair was all a scam! 😱 As soon as the news spreads, the price of potatoes crashes to nearly 0. This is what we call a market scam. 🚨
So, for the current bearish trend, which one seems like the right indicator? 🤔 My guess is a Market Crash. What do you think? 💭

#vipulmistry
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