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Impossible for $BTC to surpass its #ATH. . The charts dictate, and after wandering for several sessions under the strong resistance line, the bulls have finally been overtaken by the bears.
But this should not be seen as bad news but rather as an opportunity to buy Bitcoins lower.
And we are clear that in the long term #bitoin is bullish, but so much optimism was not good. Trump's arrival is more than priced in, and I still do not have clear support for cryptocurrencies.
On the other hand, bonds continue to fall, increasing their yield to the detriment of the stock markets, which have a strong correlation with cryptocurrencies. I am afraid there will be a serious correction in the stock markets as they would drag down the crypto market.
And, finally, #MicroStrategy . Their bet is truly frightening. I don't know if it will withstand a sharp drop in Bitcoin, and everything suggests that market forces, for better or worse, are going to target this company.
But this should not be seen as bad news but rather as an opportunity to buy Bitcoins lower.
And we are clear that in the long term #bitoin is bullish, but so much optimism was not good. Trump's arrival is more than priced in, and I still do not have clear support for cryptocurrencies.
On the other hand, bonds continue to fall, increasing their yield to the detriment of the stock markets, which have a strong correlation with cryptocurrencies. I am afraid there will be a serious correction in the stock markets as they would drag down the crypto market.
And, finally, #MicroStrategy . Their bet is truly frightening. I don't know if it will withstand a sharp drop in Bitcoin, and everything suggests that market forces, for better or worse, are going to target this company.
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Basic indicators used in technical analysis
Technical analysis relies on studying historical data of prices and trading volumes to predict future market movements. Here are some basic indicators that are commonly used in technical analysis:
1. Moving Averages:
- Simple Moving Average (SMA): Measures the average price for a specified period of time.
- Exponential Moving Average (EMA): Gives more weight to recent prices, making it more responsive to rapid changes.
1. Moving Averages:
- Simple Moving Average (SMA): Measures the average price for a specified period of time.
- Exponential Moving Average (EMA): Gives more weight to recent prices, making it more responsive to rapid changes.
#MyFirstFeedPost Hello, Binance Square! #bitoin is fall now acording to my pridiction..let see what happen in markeet
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Taxad ($TAXAD) is a satirical cryptocurrency created as a protest against the heavy taxation in Brazil. With humor and irony, it symbolizes resistance to excessive government control. Soon, three major exchange listings are on the horizon, which could drive its price to new heights.
In the last 24 hours, $TAXAD surged 54%, and in the past 48 hours, it’s up 87%, showing strong momentum. With February 25 rumored as the date for a potential first exchange listing or announcement, excitement is building. Stay tuned—Taxad is just getting started!
CA : 0x3e5703DDdeE1C6ee3Bc66350C7DDAEB4A9F1b8b6
#Trump #OnChainInsigths #LitecoinETF #Memecoin #solana
In the last 24 hours, $TAXAD surged 54%, and in the past 48 hours, it’s up 87%, showing strong momentum. With February 25 rumored as the date for a potential first exchange listing or announcement, excitement is building. Stay tuned—Taxad is just getting started!
CA : 0x3e5703DDdeE1C6ee3Bc66350C7DDAEB4A9F1b8b6
#Trump #OnChainInsigths #LitecoinETF #Memecoin #solana
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