LIVE
BlackchenOG
@BlackchenOG
Twitter@BlackchenOG
Following
Followers
Liked
Shared
PINNED
Know your market session by Black chen
GMT+8
------------------------------
Asian Market Session
"7am - 3pm"
------------------------------
London Market Session
"3pm - 9:30pm"
------------------------------
New York Market Session
"9:30pm - 4am"
------------------------------
GMT+8
------------------------------
Asian Market Session
"7am - 3pm"
------------------------------
London Market Session
"3pm - 9:30pm"
------------------------------
New York Market Session
"9:30pm - 4am"
------------------------------
$BTC
You know why alts are not moving while Bitcoin is soaring higher and higher ?
here's why
see photo for your trading guidelines
not financial advice đĽ
#AltSeasonComing
You know why alts are not moving while Bitcoin is soaring higher and higher ?
here's why
see photo for your trading guidelines
not financial advice đĽ
#AltSeasonComing
$COS
COSUSDT spot chart
currently cos is still inside a consolidation box meaning price is just moving sideways
but seeing a consolidation is an indication of a potential breakout which can probably happen soon.
seeing a series of long wick at the resistance level near 0.009195 is a sign that the market is trying to break the said price zone
the more the market touches the same resistance the more it will weaken its strength and might break sooner.
when can we take an entry? I do not know yet but we must be prepared for whatever might happen as alt season is just around the corner.
WANT MORE INFO ABOUT COSUSDT CLICK HERE
not financial advice đĽ
#COSSocialFiRevolution
COSUSDT spot chart
currently cos is still inside a consolidation box meaning price is just moving sideways
but seeing a consolidation is an indication of a potential breakout which can probably happen soon.
seeing a series of long wick at the resistance level near 0.009195 is a sign that the market is trying to break the said price zone
the more the market touches the same resistance the more it will weaken its strength and might break sooner.
when can we take an entry? I do not know yet but we must be prepared for whatever might happen as alt season is just around the corner.
WANT MORE INFO ABOUT COSUSDT CLICK HERE
not financial advice đĽ
#COSSocialFiRevolution
$IOTA
this coin now gained people's attention
when I posted a swing trade set up way back nov.6
the price is at 0.1 while my entry point was around 0.1115 see first photo
sold at 0.16 and re entry at 0.15 which later on I scale up my margin by adding more which moved my position now to the 2nd photo
now it's at almost 0.2
now if you want to check my macro analysis of this coin you can back read my post.
people also gained from my TRB analysis and it's completely free signal.
if you ask if I have a group my answer is yes but it's up to you how you can find the said group as it's prohibited to share it here on binance
I hope you gain good fortune on this one I'm rooting for your success let's grow together đ
this coin now gained people's attention
when I posted a swing trade set up way back nov.6
the price is at 0.1 while my entry point was around 0.1115 see first photo
sold at 0.16 and re entry at 0.15 which later on I scale up my margin by adding more which moved my position now to the 2nd photo
now it's at almost 0.2
now if you want to check my macro analysis of this coin you can back read my post.
people also gained from my TRB analysis and it's completely free signal.
if you ask if I have a group my answer is yes but it's up to you how you can find the said group as it's prohibited to share it here on binance
I hope you gain good fortune on this one I'm rooting for your success let's grow together đ
$IOTA
I always update my community from time to time and I'm sure some of my community took iota swing set up.
congrats guys you deserve it đĽ enjoy your profits đđĽł
I always update my community from time to time and I'm sure some of my community took iota swing set up.
congrats guys you deserve it đĽ enjoy your profits đđĽł
Don't tell me I did not share IOTA to you guys đ
congratulations to those who ride my call enjoy your profits you deserve it đĽđ¤
congratulations to those who ride my call enjoy your profits you deserve it đĽđ¤
LIVE
BlackchenOG
--
Bullish
$IOTA
Weekly chart showing iota a bullish double bottom pattern
this can be safely traded on spot rather than futures
but if your will is like an iron then try to risk for futures.
not financial advice đĽ
proceed with caution đ
chart used HTX for more candle data to read.
#IOTA
Weekly chart showing iota a bullish double bottom pattern
this can be safely traded on spot rather than futures
but if your will is like an iron then try to risk for futures.
not financial advice đĽ
proceed with caution đ
chart used HTX for more candle data to read.
#IOTA
Bridging Web2 and Web3: How Contentos is Revolutionizing Digital Content and Social Engagement
In the evolving blockchain landscape, Contentos ($COS) stands out as a trailblazer by bridging Web2 and Web3. It combines content creation, social engagement, and financial empowerment into a robust ecosystem. Through innovative platforms like COS.TV and ChannelVIP, Contentos is setting a new standard for decentralized content creation and interaction, empowering both creators and users in unparalleled ways.
Understanding the Contentos Ecosystem
At its core, Contentos seeks to revolutionize
Understanding the Contentos Ecosystem
At its core, Contentos seeks to revolutionize
Check out my post about BounceBit coz it's bullish
LIVE
BlackchenOG
--
BounceBitâs CeDeFi Revolution: Bridging CeFi and DeFi for the Future of Finance
$BB
In an ever-evolving crypto landscape, BounceBit is making waves with a fresh approach to decentralized finance. As a blockchain platform, BounceBit combines the best of CeFi (centralized finance) and DeFi (decentralized finance), merging these two worlds into a seamless CeDeFi experience thatâs secure, accessible, and packed with earning potential.
The Core of BounceBit: Dual-Token Model on BTC Security
BounceBit leverages Bitcoinâs security as the foundation, integrating a dual-token model with full Ethereum Virtual Machine (EVM) compatibility. This setup provides the infrastructure for BounceBitâs broad array of high-yield products and finance-focused applications. The mission? To simplify complex financial interactions and create a robust financial ecosystem where users, both individual and institutional, can access a full spectrum of decentralized opportunities.
Liquidity Custody Tokens (LCTs): Merging CeFi with DeFi
One of BounceBitâs standout innovations is its Liquidity Custody Tokens (LCTs). These tokens bridge CeFi and DeFi by converting CeFi-based earnings into on-chain liquidity. This enables users to take their centralized finance earnings and reinvest them across BounceBitâs DeFi applications, such as re-staking and the Meme Launchpad. This approach empowers users to enjoy the stability of CeFi with the potential returns of DeFi, all within a single, user-friendly framework.
BounceBitâs partnership with Ceffu, Binanceâs institutional custody service, adds an extra layer of security and yield potential. By collaborating with Ceffu, BounceBit is able to offer safe, secure interest income through CeFi channels, enhancing user profitability while keeping assets protected.
Institutional-Grade Products for Personal and Institutional Growth
BounceBit doesnât just cater to retail investorsâitâs also designed for institutional use. Its dual-token structure, extensive cross-chain interoperability, and institutional-grade services make it an appealing choice for larger investors looking to expand asset growth opportunities in a hybrid CeDeFi landscape. By offering flexible options for asset management, BounceBit makes it easy for institutions to manage their finances, invest in high-yield products, and grow portfolios through decentralized applications.
Ongoing Innovation: CeDeFi-as-a-Service and Cross-Chain Asset Management
Beyond its current offerings, BounceBit is dedicated to continuously developing the CeDeFi space. Through features like CeDeFi-as-a-Service, cross-chain asset management, and a decentralized yield model, BounceBit is consistently adding to its suite of financial tools. Its emphasis on cross-chain interoperability ensures that users can manage assets across multiple blockchain networks, which bolsters the stability and usability of decentralized finance.
The Future of Cross-Chain Interoperability in CeDeFi
In an ecosystem with multiple competing blockchains, one of the biggest challenges is creating a seamless experience for users across platforms. This is where BounceBitâs cross-chain interoperability becomes crucial. Through the use of advanced cross-chain technology, BounceBit enhances both liquidity and scalability, making CeDeFi more accessible to a broad spectrum of users.
BounceBitâs cross-chain approach allows users to move assets efficiently between blockchains, which is essential for creating a more interconnected and resilient DeFi landscape. As cross-chain technology matures, its role in CeDeFi platforms like BounceBit could be transformative. By enabling faster, more secure asset flows between blockchains, BounceBit helps strengthen the stability and usability of decentralized finance as a whole, bridging gaps that have previously held back widespread DeFi adoption. This focus on cross-chain interoperability not only enhances user experience but also builds a foundation for CeDeFi growth across multiple financial ecosystems.
Looking Ahead: BounceBitâs Future in the CeDeFi Space
BounceBit is positioned to become a key player in the CeDeFi landscape. Its ability to blend the security and familiarity of CeFi with the innovation and flexibility of DeFi makes it an attractive platform for a wide range of investors. As more users seek reliable, high-yield opportunities that are secure and efficient, BounceBitâs CeDeFi model may pave the way for greater integration between traditional finance and decentralized platforms.
With a continued focus on innovationâparticularly in areas like cross-chain technology and institutional-grade servicesâBounceBit has the potential to grow significantly within the crypto ecosystem. By bridging traditional and decentralized finance, it not only appeals to current DeFi users but also opens the door for a broader range of investors to enter the crypto space securely and profitably.
$BB
#BBCeDeFi
In an ever-evolving crypto landscape, BounceBit is making waves with a fresh approach to decentralized finance. As a blockchain platform, BounceBit combines the best of CeFi (centralized finance) and DeFi (decentralized finance), merging these two worlds into a seamless CeDeFi experience thatâs secure, accessible, and packed with earning potential.
The Core of BounceBit: Dual-Token Model on BTC Security
BounceBit leverages Bitcoinâs security as the foundation, integrating a dual-token model with full Ethereum Virtual Machine (EVM) compatibility. This setup provides the infrastructure for BounceBitâs broad array of high-yield products and finance-focused applications. The mission? To simplify complex financial interactions and create a robust financial ecosystem where users, both individual and institutional, can access a full spectrum of decentralized opportunities.
Liquidity Custody Tokens (LCTs): Merging CeFi with DeFi
One of BounceBitâs standout innovations is its Liquidity Custody Tokens (LCTs). These tokens bridge CeFi and DeFi by converting CeFi-based earnings into on-chain liquidity. This enables users to take their centralized finance earnings and reinvest them across BounceBitâs DeFi applications, such as re-staking and the Meme Launchpad. This approach empowers users to enjoy the stability of CeFi with the potential returns of DeFi, all within a single, user-friendly framework.
BounceBitâs partnership with Ceffu, Binanceâs institutional custody service, adds an extra layer of security and yield potential. By collaborating with Ceffu, BounceBit is able to offer safe, secure interest income through CeFi channels, enhancing user profitability while keeping assets protected.
Institutional-Grade Products for Personal and Institutional Growth
BounceBit doesnât just cater to retail investorsâitâs also designed for institutional use. Its dual-token structure, extensive cross-chain interoperability, and institutional-grade services make it an appealing choice for larger investors looking to expand asset growth opportunities in a hybrid CeDeFi landscape. By offering flexible options for asset management, BounceBit makes it easy for institutions to manage their finances, invest in high-yield products, and grow portfolios through decentralized applications.
Ongoing Innovation: CeDeFi-as-a-Service and Cross-Chain Asset Management
Beyond its current offerings, BounceBit is dedicated to continuously developing the CeDeFi space. Through features like CeDeFi-as-a-Service, cross-chain asset management, and a decentralized yield model, BounceBit is consistently adding to its suite of financial tools. Its emphasis on cross-chain interoperability ensures that users can manage assets across multiple blockchain networks, which bolsters the stability and usability of decentralized finance.
The Future of Cross-Chain Interoperability in CeDeFi
In an ecosystem with multiple competing blockchains, one of the biggest challenges is creating a seamless experience for users across platforms. This is where BounceBitâs cross-chain interoperability becomes crucial. Through the use of advanced cross-chain technology, BounceBit enhances both liquidity and scalability, making CeDeFi more accessible to a broad spectrum of users.
BounceBitâs cross-chain approach allows users to move assets efficiently between blockchains, which is essential for creating a more interconnected and resilient DeFi landscape. As cross-chain technology matures, its role in CeDeFi platforms like BounceBit could be transformative. By enabling faster, more secure asset flows between blockchains, BounceBit helps strengthen the stability and usability of decentralized finance as a whole, bridging gaps that have previously held back widespread DeFi adoption. This focus on cross-chain interoperability not only enhances user experience but also builds a foundation for CeDeFi growth across multiple financial ecosystems.
Looking Ahead: BounceBitâs Future in the CeDeFi Space
BounceBit is positioned to become a key player in the CeDeFi landscape. Its ability to blend the security and familiarity of CeFi with the innovation and flexibility of DeFi makes it an attractive platform for a wide range of investors. As more users seek reliable, high-yield opportunities that are secure and efficient, BounceBitâs CeDeFi model may pave the way for greater integration between traditional finance and decentralized platforms.
With a continued focus on innovationâparticularly in areas like cross-chain technology and institutional-grade servicesâBounceBit has the potential to grow significantly within the crypto ecosystem. By bridging traditional and decentralized finance, it not only appeals to current DeFi users but also opens the door for a broader range of investors to enter the crypto space securely and profitably.
$BB
#BBCeDeFi
BBUSDT long
In case you don't know about the project (BounceBit) then try to check my post about it đ
In case you don't know about the project (BounceBit) then try to check my post about it đ
LIVE
BlackchenOG
--
BounceBitâs CeDeFi Revolution: Bridging CeFi and DeFi for the Future of Finance
$BB
In an ever-evolving crypto landscape, BounceBit is making waves with a fresh approach to decentralized finance. As a blockchain platform, BounceBit combines the best of CeFi (centralized finance) and DeFi (decentralized finance), merging these two worlds into a seamless CeDeFi experience thatâs secure, accessible, and packed with earning potential.
The Core of BounceBit: Dual-Token Model on BTC Security
BounceBit leverages Bitcoinâs security as the foundation, integrating a dual-token model with full Ethereum Virtual Machine (EVM) compatibility. This setup provides the infrastructure for BounceBitâs broad array of high-yield products and finance-focused applications. The mission? To simplify complex financial interactions and create a robust financial ecosystem where users, both individual and institutional, can access a full spectrum of decentralized opportunities.
Liquidity Custody Tokens (LCTs): Merging CeFi with DeFi
One of BounceBitâs standout innovations is its Liquidity Custody Tokens (LCTs). These tokens bridge CeFi and DeFi by converting CeFi-based earnings into on-chain liquidity. This enables users to take their centralized finance earnings and reinvest them across BounceBitâs DeFi applications, such as re-staking and the Meme Launchpad. This approach empowers users to enjoy the stability of CeFi with the potential returns of DeFi, all within a single, user-friendly framework.
BounceBitâs partnership with Ceffu, Binanceâs institutional custody service, adds an extra layer of security and yield potential. By collaborating with Ceffu, BounceBit is able to offer safe, secure interest income through CeFi channels, enhancing user profitability while keeping assets protected.
Institutional-Grade Products for Personal and Institutional Growth
BounceBit doesnât just cater to retail investorsâitâs also designed for institutional use. Its dual-token structure, extensive cross-chain interoperability, and institutional-grade services make it an appealing choice for larger investors looking to expand asset growth opportunities in a hybrid CeDeFi landscape. By offering flexible options for asset management, BounceBit makes it easy for institutions to manage their finances, invest in high-yield products, and grow portfolios through decentralized applications.
Ongoing Innovation: CeDeFi-as-a-Service and Cross-Chain Asset Management
Beyond its current offerings, BounceBit is dedicated to continuously developing the CeDeFi space. Through features like CeDeFi-as-a-Service, cross-chain asset management, and a decentralized yield model, BounceBit is consistently adding to its suite of financial tools. Its emphasis on cross-chain interoperability ensures that users can manage assets across multiple blockchain networks, which bolsters the stability and usability of decentralized finance.
The Future of Cross-Chain Interoperability in CeDeFi
In an ecosystem with multiple competing blockchains, one of the biggest challenges is creating a seamless experience for users across platforms. This is where BounceBitâs cross-chain interoperability becomes crucial. Through the use of advanced cross-chain technology, BounceBit enhances both liquidity and scalability, making CeDeFi more accessible to a broad spectrum of users.
BounceBitâs cross-chain approach allows users to move assets efficiently between blockchains, which is essential for creating a more interconnected and resilient DeFi landscape. As cross-chain technology matures, its role in CeDeFi platforms like BounceBit could be transformative. By enabling faster, more secure asset flows between blockchains, BounceBit helps strengthen the stability and usability of decentralized finance as a whole, bridging gaps that have previously held back widespread DeFi adoption. This focus on cross-chain interoperability not only enhances user experience but also builds a foundation for CeDeFi growth across multiple financial ecosystems.
Looking Ahead: BounceBitâs Future in the CeDeFi Space
BounceBit is positioned to become a key player in the CeDeFi landscape. Its ability to blend the security and familiarity of CeFi with the innovation and flexibility of DeFi makes it an attractive platform for a wide range of investors. As more users seek reliable, high-yield opportunities that are secure and efficient, BounceBitâs CeDeFi model may pave the way for greater integration between traditional finance and decentralized platforms.
With a continued focus on innovationâparticularly in areas like cross-chain technology and institutional-grade servicesâBounceBit has the potential to grow significantly within the crypto ecosystem. By bridging traditional and decentralized finance, it not only appeals to current DeFi users but also opens the door for a broader range of investors to enter the crypto space securely and profitably.
$BB
#BBCeDeFi
In an ever-evolving crypto landscape, BounceBit is making waves with a fresh approach to decentralized finance. As a blockchain platform, BounceBit combines the best of CeFi (centralized finance) and DeFi (decentralized finance), merging these two worlds into a seamless CeDeFi experience thatâs secure, accessible, and packed with earning potential.
The Core of BounceBit: Dual-Token Model on BTC Security
BounceBit leverages Bitcoinâs security as the foundation, integrating a dual-token model with full Ethereum Virtual Machine (EVM) compatibility. This setup provides the infrastructure for BounceBitâs broad array of high-yield products and finance-focused applications. The mission? To simplify complex financial interactions and create a robust financial ecosystem where users, both individual and institutional, can access a full spectrum of decentralized opportunities.
Liquidity Custody Tokens (LCTs): Merging CeFi with DeFi
One of BounceBitâs standout innovations is its Liquidity Custody Tokens (LCTs). These tokens bridge CeFi and DeFi by converting CeFi-based earnings into on-chain liquidity. This enables users to take their centralized finance earnings and reinvest them across BounceBitâs DeFi applications, such as re-staking and the Meme Launchpad. This approach empowers users to enjoy the stability of CeFi with the potential returns of DeFi, all within a single, user-friendly framework.
BounceBitâs partnership with Ceffu, Binanceâs institutional custody service, adds an extra layer of security and yield potential. By collaborating with Ceffu, BounceBit is able to offer safe, secure interest income through CeFi channels, enhancing user profitability while keeping assets protected.
Institutional-Grade Products for Personal and Institutional Growth
BounceBit doesnât just cater to retail investorsâitâs also designed for institutional use. Its dual-token structure, extensive cross-chain interoperability, and institutional-grade services make it an appealing choice for larger investors looking to expand asset growth opportunities in a hybrid CeDeFi landscape. By offering flexible options for asset management, BounceBit makes it easy for institutions to manage their finances, invest in high-yield products, and grow portfolios through decentralized applications.
Ongoing Innovation: CeDeFi-as-a-Service and Cross-Chain Asset Management
Beyond its current offerings, BounceBit is dedicated to continuously developing the CeDeFi space. Through features like CeDeFi-as-a-Service, cross-chain asset management, and a decentralized yield model, BounceBit is consistently adding to its suite of financial tools. Its emphasis on cross-chain interoperability ensures that users can manage assets across multiple blockchain networks, which bolsters the stability and usability of decentralized finance.
The Future of Cross-Chain Interoperability in CeDeFi
In an ecosystem with multiple competing blockchains, one of the biggest challenges is creating a seamless experience for users across platforms. This is where BounceBitâs cross-chain interoperability becomes crucial. Through the use of advanced cross-chain technology, BounceBit enhances both liquidity and scalability, making CeDeFi more accessible to a broad spectrum of users.
BounceBitâs cross-chain approach allows users to move assets efficiently between blockchains, which is essential for creating a more interconnected and resilient DeFi landscape. As cross-chain technology matures, its role in CeDeFi platforms like BounceBit could be transformative. By enabling faster, more secure asset flows between blockchains, BounceBit helps strengthen the stability and usability of decentralized finance as a whole, bridging gaps that have previously held back widespread DeFi adoption. This focus on cross-chain interoperability not only enhances user experience but also builds a foundation for CeDeFi growth across multiple financial ecosystems.
Looking Ahead: BounceBitâs Future in the CeDeFi Space
BounceBit is positioned to become a key player in the CeDeFi landscape. Its ability to blend the security and familiarity of CeFi with the innovation and flexibility of DeFi makes it an attractive platform for a wide range of investors. As more users seek reliable, high-yield opportunities that are secure and efficient, BounceBitâs CeDeFi model may pave the way for greater integration between traditional finance and decentralized platforms.
With a continued focus on innovationâparticularly in areas like cross-chain technology and institutional-grade servicesâBounceBit has the potential to grow significantly within the crypto ecosystem. By bridging traditional and decentralized finance, it not only appeals to current DeFi users but also opens the door for a broader range of investors to enter the crypto space securely and profitably.
$BB
#BBCeDeFi
$BB
Bounce bit a potential bullish scenario for BBUSDT
indicating a market structure shift which is visible at the daily time frame
with a buy signal printed along with a cloud candle crossing which also indicates a bullish signal for bounce bit
support level showing double bottom pattern meaning it is twice rejected from that price level a strong basis of bullish market
while seeing a strong buy potential on Bounce bit still we cannot lower our guard down and that's why we will set our stoploss just below the double bottom pattern which at the price of 0.2289 can still extend this down to 5%-10% from entry point
aiming the upper gaps as our potential upper target tp
here's the potential target đŻ :
0.3273
0.4180
0.4522
0.5237
0.6123
0.7150
note this is a swing trade
caution đ
don't just wait for market hit those targets also apply a kin observation when to exit as you still have the full responsibility of your profile.
again not financial advice đĽ
CLICK HERE FOR BBUSDT FUNDAMENTAL ANALYSIS DONT FORGET TO DROP A LIKE AND SHARE THANKS YOU
don't forget to drop a like share and comment đđ
Bounce bit a potential bullish scenario for BBUSDT
indicating a market structure shift which is visible at the daily time frame
with a buy signal printed along with a cloud candle crossing which also indicates a bullish signal for bounce bit
support level showing double bottom pattern meaning it is twice rejected from that price level a strong basis of bullish market
while seeing a strong buy potential on Bounce bit still we cannot lower our guard down and that's why we will set our stoploss just below the double bottom pattern which at the price of 0.2289 can still extend this down to 5%-10% from entry point
aiming the upper gaps as our potential upper target tp
here's the potential target đŻ :
0.3273
0.4180
0.4522
0.5237
0.6123
0.7150
note this is a swing trade
caution đ
don't just wait for market hit those targets also apply a kin observation when to exit as you still have the full responsibility of your profile.
again not financial advice đĽ
CLICK HERE FOR BBUSDT FUNDAMENTAL ANALYSIS DONT FORGET TO DROP A LIKE AND SHARE THANKS YOU
don't forget to drop a like share and comment đđ
BounceBitâs CeDeFi Revolution: Bridging CeFi and DeFi for the Future of Finance
$BB
In an ever-evolving crypto landscape, BounceBit is making waves with a fresh approach to decentralized finance. As a blockchain platform, BounceBit combines the best of CeFi (centralized finance) and DeFi (decentralized finance), merging these two worlds into a seamless CeDeFi experience thatâs secure, accessible, and packed with earning potential.
The Core of BounceBit: Dual-Token Model on BTC Security
BounceBit leverages Bitcoinâs security as the foundation, integrating a dual-token mode
In an ever-evolving crypto landscape, BounceBit is making waves with a fresh approach to decentralized finance. As a blockchain platform, BounceBit combines the best of CeFi (centralized finance) and DeFi (decentralized finance), merging these two worlds into a seamless CeDeFi experience thatâs secure, accessible, and packed with earning potential.
The Core of BounceBit: Dual-Token Model on BTC Security
BounceBit leverages Bitcoinâs security as the foundation, integrating a dual-token mode
$BTC
If Bitcoin dominance continues to rise, reaching or surpassing the current 61% mark, altcoins could see further declines in both value and market share. Here's what could happen:
1. Price Decline for Altcoins: As Bitcoin dominance increases, investors typically shift funds from altcoins to Bitcoin. This can create selling pressure on altcoins, causing their prices to fall against both USD and BTC.
2. Liquidity Shift: Bitcoin often becomes the main focus during periods of high dominance. Traders and institutional investors prioritize Bitcoin for its liquidity and relative stability, which can result in lower liquidity for altcoins, making them more volatile and riskier.
3. Altcoin Innovation Slowdown: When Bitcoin dominance rises, there's often a lull in altcoin investments and development. This can hinder the progress of projects that rely on ongoing funding, potentially stalling innovation in the altcoin space.
4. Market Sentiment Impact: A rising Bitcoin dominance can reflect a market preference for "safer" assets in times of uncertainty. If this trend continues, sentiment may favor Bitcoin over speculative altcoins, reinforcing the cycle and making it challenging for newer or smaller projects to gain traction.
However, this trend doesn't necessarily mean that altcoins are "finished." Historically, when Bitcoin consolidates after a dominance surge, altcoins can recover or rally, especially those with strong fundamentals and active communities. If you're actively trading or investing in altcoins, watching BTC dominance can be a helpful indicator of potential shifts in the crypto market cycle.
not financial advice đĽđ¤
If Bitcoin dominance continues to rise, reaching or surpassing the current 61% mark, altcoins could see further declines in both value and market share. Here's what could happen:
1. Price Decline for Altcoins: As Bitcoin dominance increases, investors typically shift funds from altcoins to Bitcoin. This can create selling pressure on altcoins, causing their prices to fall against both USD and BTC.
2. Liquidity Shift: Bitcoin often becomes the main focus during periods of high dominance. Traders and institutional investors prioritize Bitcoin for its liquidity and relative stability, which can result in lower liquidity for altcoins, making them more volatile and riskier.
3. Altcoin Innovation Slowdown: When Bitcoin dominance rises, there's often a lull in altcoin investments and development. This can hinder the progress of projects that rely on ongoing funding, potentially stalling innovation in the altcoin space.
4. Market Sentiment Impact: A rising Bitcoin dominance can reflect a market preference for "safer" assets in times of uncertainty. If this trend continues, sentiment may favor Bitcoin over speculative altcoins, reinforcing the cycle and making it challenging for newer or smaller projects to gain traction.
However, this trend doesn't necessarily mean that altcoins are "finished." Historically, when Bitcoin consolidates after a dominance surge, altcoins can recover or rally, especially those with strong fundamentals and active communities. If you're actively trading or investing in altcoins, watching BTC dominance can be a helpful indicator of potential shifts in the crypto market cycle.
not financial advice đĽđ¤
$BTC
Will you scalp your way through or you hold tight and endure the rough seas đ đ´ and reach the island of treasures?
(a friendly reminder)
above all stay safe and stay healthy đ
money is nothing if health is the enemy.
always have a good sleep and make a balanced lifestyle
divide your time into 3
health
learning
and family/socializing
remember we are here to achieve financial freedom and not to be slave by the đ° money.
congratulations to your profit đ
I'm sure you manage it well đ.
you deserve it đŞđ
Will you scalp your way through or you hold tight and endure the rough seas đ đ´ and reach the island of treasures?
(a friendly reminder)
above all stay safe and stay healthy đ
money is nothing if health is the enemy.
always have a good sleep and make a balanced lifestyle
divide your time into 3
health
learning
and family/socializing
remember we are here to achieve financial freedom and not to be slave by the đ° money.
congratulations to your profit đ
I'm sure you manage it well đ.
you deserve it đŞđ
Bnx Weekly chart Bullish
Bnx might pump
Weekly chart
Bullish harmonic
Macd potential cross
RSI over sold
RSI bullish divergence
Target tp blue lines
đ Stop 0.45
Looks like a recovered zone but still can't get to comfy about it if ever a discounted price is given I will take it
Still it's not clear if it's a confirm breakout let's wait more candle
If you want to risk now then just follow stoploss
Not financial advice please proceed with caution đ
Weekly chart
Bullish harmonic
Macd potential cross
RSI over sold
RSI bullish divergence
Target tp blue lines
đ Stop 0.45
Looks like a recovered zone but still can't get to comfy about it if ever a discounted price is given I will take it
Still it's not clear if it's a confirm breakout let's wait more candle
If you want to risk now then just follow stoploss
Not financial advice please proceed with caution đ
"Many things you have now were once only dreams. Keep dreaming, keep believing, and keep pushing forward â because todayâs vision is tomorrowâs reality."
$TURBO
update on my turbo set up
did whisper this in my channel
congratulations to those who ride my call enjoy your profits you deserve it đĽ
update on my turbo set up
did whisper this in my channel
congratulations to those who ride my call enjoy your profits you deserve it đĽ
$TRB
update on my TRB set up posted long ago
those who follow me already know my set up top loss and max tp
congratulations to those who ride my call enjoy your profits you deserve it đĽ
update on my TRB set up posted long ago
those who follow me already know my set up top loss and max tp
congratulations to those who ride my call enjoy your profits you deserve it đĽ
$IOTA
update on my iota set up
congratulations to those who ride my call enjoy your profits you deserve it đĽ
update on my iota set up
congratulations to those who ride my call enjoy your profits you deserve it đĽ
MOODENG
sell signal print in my indicator let's see if this will play.
not financial advice đĽ
don't take this set up observe it first
but if your high risk trader be my guest.
proceed with caution đ
sell signal print in my indicator let's see if this will play.
not financial advice đĽ
don't take this set up observe it first
but if your high risk trader be my guest.
proceed with caution đ
Explore the latest crypto news
âĄď¸ Be a part of the latests discussions in crypto
đŹ Interact with your favorite creators
đ Enjoy content that interests you
Email / Phone number
Trending Topics
COSSocialFiRevolution
19.2M views
7,440 Posts
đMajor Airdrop Leaves Many Users DisappointedđĽş
CryptoCZ
22 Likes
16.1k views
BTCBreaks100K?
149,909 views
222 Posts
SOLHitsATH
130,798 views
162 Posts
