#BTCOutlook Bitcoin Christmas is taking a new turn. Why is | Abdul Sultans on Binance Square

Trending Articles

Bookmarked and Liked

--

#BTCOutlook 
Bitcoin Christmas is taking a new turn. Why is everyone still greedy when there are only few days left before Christmas. Is there something I am missing in the picture ? 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

141

0

Replies 0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@abdulsultan

Explore More From Creator

Turning $100 into $1000: A Strategic Approach to New Airdrops In the crypto market, new airdrops can present a lucrative opportunity for investors to turn a small initial investment into a substantial profit. For instance, it's possible to grow a $100 investment into $1000 by leveraging the volatility of new coins. When a new coin lists, its value tends to decline, although there's always a chance it may surge. To capitalize on this trend, I employ a strategic approach. I avoid investing in new coins initially, waiting instead for their value to decline. Once the downward momentum begins, I take a short position with high leverage and set a stop-loss to mitigate potential losses. Given the unpredictable nature of new coins, it's essential to use a low margin. As my return on investment (ROI) approaches 100%, I set a trigger price near my initial entry point. I then adjust the trigger price as the ROI increases or implement a trailing stop. Historically, new coins tend to experience a significant decline in value, often dropping by as much as 40% of their initial value. To succeed in this market, discipline is paramount. Investors must remain level-headed and avoid emotional decision-making, even if it means sacrificing some profit. If you follow this strategy, it's possible to turn a modest initial investment into a substantial profit, such as growing $100 into $1000. $SOL $BTC $SUI

--

#Crypto2025Trends Crypto will shock everyone in 2025. It will make some billionaires while others will have their wealth significantly reduced. Before you take any trade, make sure you have made the necessary analysis and research . Merry Christmas and A Happy New Year to all my readers and followers . For Satoshi so loved the world, that he gave us Bitcon that who ever believe in financial freedom shall not perish but have everlasting money 😆

--

#Crypto2025Trends The chart for SOL/USDT (Solana to Tether) on Binance shows a few key trends: Price Trend: The current price is $196.57, with a slight decrease of 1.78% from the previous period. This indicates a short-term downward trend. Moving Averages (MAs): MA(7): 221.86 MA(25): 233.32 MA(99): 183.37 The price is below the shorter-term moving averages (MA7 and MA25), suggesting a bearish trend in the short term. However, it's above the longer-term MA(99), indicating that the longer-term trend might still be bullish or at least not as bearish. Relative Strength Index (RSI): The RSI is at 35.37, which is in the oversold territory (below 30 is typically considered oversold). This might suggest that the asset is undervalued or that a price rebound could be imminent. Volume: The volume is at 3.863 million SOL, with a slight increase in the shorter-term volume (MA5 and MA10), indicating some level of trading activity. Stochastic Oscillator: The stochastic indicators (STOCHRSI) are at 28.71 and MA STOCHRSI at 34.31, both of which are in the lower half but not extremely low. This might indicate that while the momentum is currently down, it's not at extreme levels where a reversal is immediately expected. Support and Resistance Levels: Support: Around $194.23 (recent low on the chart). Resistance: Around $203.00 (recent high on the chart). Direction: The immediate trend appears to be bearish as indicated by the price being below shorter-term moving averages and the RSI suggesting potential oversold conditions. However, the longer-term MA(99) being below the current price might suggest that if the price breaks above the short-term MAs, it could see a recovery or even a bullish reversal. While the short-term trend is bearish, the market might be approaching a point where a reversal or at least a consolidation could occur due to the RSI nearing oversold conditions. Traders might look for confirmation of a trend change through a break above the moving averages or a significant change in volume patterns. #SOL #Solana #MarketRebound

--

#ReboundRally A rebound rally in crypto refers to a rapid price increase following a significant decline or market downturn. It's a temporary reversal of the downward trend, where the price of a cryptocurrency suddenly surges, often driven by investor sentiment, market momentum, or technical factors. To make good use of a rebound rally in crypto, consider the following strategies: 1. Buy the dip: If you believe in the long-term potential of a cryptocurrency, buying during a dip can be a good opportunity to enter the market. 2. Set stop-loss orders: To limit potential losses, set stop-loss orders to automatically sell your assets if the price falls below a certain level. 3. Take profits: If you're holding a cryptocurrency that's experiencing a rebound rally, consider taking profits by selling a portion of your holdings. 4. Dollar-cost averaging: Invest a fixed amount of money at regular intervals, regardless of the market's performance, to reduce the impact of volatility. 5. Technical analysis: Use technical indicators to identify potential reversal patterns and ride the rebound rally. 6. Stay informed: Keep up-to-date with market news and trends to anticipate potential rebound rallies. Remember, crypto markets can be highly unpredictable, and rebound rallies can quickly turn into further declines. You should always prioritize risk management and never invest more than you can afford to lose.

--

#ChristmasMarketAnalysis It has always been observed that during the Christmas season, many people sell leading to a high rate of outflow . When you see this, don't panic . Take it as an opportunity to grab more assets. Buy more $USUAL $SOL $BTC and more and wait for the magic to happen. It's a discount ! Buy buy buy! If you miss these opportunities now, you might not see them again ! Remember not to put all your eggs in one basket and always do your own research (DYOR).

--

Latest News

Aave Community Proposes Hardcoding USDe Price to Match USDT

--

Total Market Cap of AI Agent Tokens Reaches $14.86 Billion, 24-Hour Trading Volume Hits $873 Million

--

Bitcoin Spot ETF Sees Modest Net Inflow This Week

--

Stablecoin Market Cap Reaches New High

--

Musk Faces Backlash Over Planned Algorithm Changes On X Platform

--

Trending Articles

$XRP As of January 4, 2025, XRP is trading at approximately

Shamraiz Abbass

🔥🔥🔥 5 Years of Crypto Trading – $20 Million in Profits! 💰

Hadiqa Crypto Master

Robert Kiyosaki Warns Major Crash Is Here; Save Bitcoin

TheCoinrise Media

WHY THE DIP BIO

Stop Losing Money from a fraud trading signal provider

Shahrose Shafique

Cookie Preferences

Cookie Preferences