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N4G
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Today the Market makers won't let this hype caused by Jerome Powell's speech fade, they will use it to stir more interest in the market and tomorrow they will drop it.
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Bitcoin mining company Marathon Digital Holdings (MARA) announced that it purchased 11,774 BTC at an average price of $96,000 per BTC for approximately $1.1 billion. They bought the dip for the current phase. ;) #N4G
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People try to predict the exact moment of a dip, you can't! You can only guess the direction of the whole market over an extended period (Day, Week, Month.. AKA "Time frames") Currently when i say this market is going to be green i'm talking about a period of 7-12-20 days max. Meaning that over the course of "20 days max" period, the market will be at a point higher than the point of our entry on $FIL for example (7.9$) Am i right or wrong? Time shall tell. #N4G
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Time shall tell, just this week.
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So monday was a red day, now its time to shift upward.
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CZ, the former CEO of Binance, the world's largest cryptocurrency exchange, Speaking at the Bitcoin MENA conference held in Abu Dhabi, Changpeng Zhao made statements about countries creating Bitcoin (BTC) reserves. He Said "China will be among the countries that will adopt a strategic Bitcoin reserve, likely following a plan proposed by incoming US President Donald Trump and his administration". He also added that "With the increasing global trends towards Bitcoin, China will accumulate secret Bitcoin and that the strategic BTC reserve is inevitable for China". #N4G
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