There were significant fluctuations in the cryptocurrency market last month, and as we enter the second month of the third quarter, remarkable developments are at the forefront. These developments are expected to have both positive and negative effects on the markets and the prices of crypto assets.
Bitcoin Price Rising to New Highs
Bitcoin is currently trading 13% below the $73,800 level. However, the strong momentum and positive market sentiment around BTC indicate that Bitcoin may surpass its previous peak soon. At the time of writing, Bitcoin is trading at $64,700 and is showing a breakout in a widening bearish channel. This model predicts that Bitcoin could trigger a 21% rally and surpass all-time highs. Investors hope that Bitcoin will continue its upward move as the financial environment changes. Cryptocurrency's durability and growing institutional interest are among the key factors contributing to its potential to set new records.
Status of Political Tokens
As the excitement of the US elections fades, a decline in the values ââof political tokens is expected, especially after President Biden's withdrawal. It is likely that interest in these tokens will wane and investment in this niche segment will decline. Over the past month, major political tokens like TRUMP, MAGA, and MVP have lost up to 65% in value. As the political environment changes and election enthusiasm wanes, the value and importance of these tokens may decrease. Investors will need to be careful about holding political tokens, as the market's interest in this issue is unlikely to last in the long term.
Altcoin Season Expectation
An altcoin season is not expected in August because the overall market is still in a downward trend. Despite occasional rallies, overall market sentiment remains cautious, impacting altcoin performance. Investors may be in for a slower month in terms of altcoin gains.
According to the altcoin season index, the crypto market is currently experiencing a Bitcoin Season. Altcoin season is not expected to start unless 75% of the top 50 tokens (excluding stablecoins) surpass Bitcoin. Therefore, the continued downward trend in the crypto market suggests that major altcoin growth is unlikely in the near term. Until market conditions improve, the focus may generally remain on Bitcoin and other major assets.
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
