#AXS/USDT buy some AXS for gamefi season, good luck 🙂 | Kang-Shi-Un on Binance Square

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#AXS/USDT buy some AXS for gamefi season, good luck 🙂

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Update #BTC Although h4 has broken 97400, there is still not enough buying power to pull BTC up to the 102k zone, so this week BTC will retest the 94k zone once more. If this zone holds, it will create a double bottom pattern to retest 102k once more. BTC long orders still keep SL when there is a h2 below 94k and buy as close to the 94k zone as possible Looking at the chart, BTC's dom is currently still in the increasing range and is tending to reverse. If the 59.5 zone is broken (ie there is a D candle zone closing below this level), we will have a slight recovery for altcoins from 15 - 25%. When Dom has not closed below this level, the advice is to still focus on BTC and not try to enter altcoins in this area

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The increase on 16/12 was a bull-trap on the 1d frame Immediately after that, there was a pretty fierce drop from 108k to 92k, alt also dropped very strongly in this beat. Currently, bit is at the support zone near the previous candle wick, can buy around $94k & out if h4 closes below $92k. GL

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HOW ARE THE 21 MILLION BITCOINS CURRENTLY DISTRIBUTED? 6.6% Unmined 5.2% Satoshi's Wallet 3.4% Miners 17.6% Estimated Lost BTC 57% Individuals 3.6% Companies 3.9% ETFs 2.7% Governments If institutions and companies want more BTC, they can't rely on unmined BTC because there aren't many of them and miners don't always sell. The most attractive % is still from personal wallets, our wallets... So don't ask why there's always so much FUD and attractive waves in this market. #BTCNextMove

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Large frame, BTC is still in a very good range. This correction is an opportunity to buy in the big trend. Buy altcoins according to btc from hour zone to 96k. Stoploss when 1D closes below 94k. #altsesaon

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Starting from March 2024, both the futures market and the spot market have experienced a long period of declining trading volume. However, since October, trading volume in both markets has increased, boosting Bitcoin's price momentum. With the recent price increase, while futures market activity has decreased, spot market demand continues to increase. This shows that speculative demand on the futures market is cooling down, while buying pressure on the spot market is increasing —> BTC current price increase is very healthy, and the destination in my opinion is still the $120k area #BTC500K

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