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i took a short Trade on $BNB
#BNB
at 330 and now i am in a tough spot!
Shall i hold my position or just close it ?
#futuretrader
#Advice
#help
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BNB
690.5
-1.79%
648
0
Replies
3
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$BTC $ETH #BitcoinHodlers #bitcoinhalving #BullorBear Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan JPMorgan notes that mining stocks have slumped ahead of the bitcoin halving. The bank favors Riot Platforms and Iris Energy. Bitcoin’s outperformance may mean that part of the typical post-halving rally has been pulled forward, the report said. Recent weakness in mining stocks ahead of the bitcoin {{BTC}} halving offers an attractive entry point for investors, JPMorgan (JPM) said in a research report on Tuesday. The total market cap of the 14 U.S.-listed bitcoin miners tracked by the bank fell 28%, or $5.8 billion, to $14.2 billion, from March 31 to April 15, the report said. All of the stocks underperformed bitcoin and all lost at least 20%. The report noted that bitcoin has gained 43% year-to-date and 130% in the last six months, as it “appears a portion of the typical post-halving rally was pulled forward.” The quadrennial reward halving slows the rate of growth in bitcoin supply and is expected to occur around April 19-20. The bank said it is especially bullish on overweight-rated Riot Platforms (RIOT) and Iris Energy (IREN) as these stocks offer attractive relative valuations. “With the bitcoin halving on the horizon, we expect heightened volatility and trading volume in both bitcoin and mining stocks,” analysts Reginald Smith and Charles Pearce wrote. JPMorgan notes that mining profitability was lower in the first two weeks of April as “network hashrate growth outpaced bitcoin price appreciation.” Read more: Buy Bitcoin Miners Ahead of the Halving, Bernstein Says
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Why is bitcoin still going higher and higher ? How does this make any kind of sense ? Isn't it already time for a huge correction What are your thoughts? i think $BTC will fall down to 50k at the very least #BTC #Uptrend #BEARISH_MARKET #btcnowtobuy $ETH $BNB
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Why is $BNB Bearish? 👉 BNB has pumped way too much so it has to fall back so it stabilizes ! 👉The Launchpool event is ending soon so everyone will just dump their #BNB for profit i Strongly sugest that u all sell ur bnb rn and wait for it to fall down to $320 before buying again !After that we are waiting for a huge pump #DYOR🟢. #Write2Earn #TrendingTopic #Launchpool $BNB $BTC
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$BTC The Future of #BNB The Future of BNB is very Bright and Big! BNB is extremely undervauled right now which means that there will be a big price Chamge in the next few days 🚀🚀 I highly advise u to open a future trade for $BNB because only the sky is the limit Of course also #DYOR🟢 however i am extremely bullish on BNB and i believe that it can evem reach $1000 in the next year Buy:308-310 TP:315,325,340 SL:300 30x-50x #Write2Earn #TradeOpportunity #TradeSignal $BNB
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Signal for Futures SHORT #BTC-USDT Entry price: 43513_42660 Targets price:42360_41504_40648_39792_38937_38081_ 37225 36369 Stop loss:45646 Leverage: 5x_10x Follow me for more signals. #Write2Earn #trade2earn #btc #TradeNTell $BTC $BNB
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