The Bitcoin Golden Ratio Multiplier uses multiples of the 350-day moving average (350DMA) to identify potential resistance levels in Bitcoin's market cycles.
These multiples, based on the Golden Ratio and Fibonacci sequence, have historically marked significant price highs and lows.
🔍 Recently, Bitcoin tested the 350DMA (yellow line) support during the correction, indicating it's still within the expected range.
The market is not yet near the x2 multiple (red line), suggesting potential for further growth before encountering major resistance but only after we confirm the bullish trend while keeping the price above the ATH 📈
Check Your AIG Allocation,If You Had Staked DYM❤️🔥
Check Your Allocation Here👇 https://discord.gg/sQTSYs9Mps
How To Check🤔 ➡️Open discord channel & verify captcha. ➡️Click on "aigisos-rolldrop" section ➡️Type this👉 /check ➡️Select your "type" like DYM Or 0x Address ➡️Enter Your Wallet Address & press send.
Eligibility Criteria👇 ✅DYM Stakers Min 1 DYM staked on 23rd July, 2024
✅Top Gitcoin Donors ( donated 15 times or more)
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Rumor has it that retail investors were maliciously blocked from trading so they wouldn't crash the market even more 🤫
Such massive trading platform failures have never happened before, and some people believe that this is the owners' way of trying to keep people from selling or buying 👀 $BTC $ETH $BNB
CEO of Intel has no choice but to quote the Bible after the company's stock plummeted 37% in just 2 days, after the company suspended its dividend and slashed its workforce 😱 #MarketDownturn #RecessionOrDip? $BTC $ETH $BNB
In recent months, the market has been swinging back and forth, and some altcoins are showing bearish patterns. I constantly hear that during Bitcoin dumps, meme coins will be the first to suffer. They are unlikely to recover, they are a scam, and investing in memes is not the most reliable activity.
💼 Of course, I wouldn’t recommend building a portfolio solely from such coins. Yes, they can give good returns during a bull run, but market makers are often monopolistic here, so nothing stops them from pushing a coin's price below the floor.
On the other hand, I don't understand the skepticism about memes. Yes, they are not backed by serious technologies or companies. But did the loud words about cross-chain swaps and the Cosmos blockchain save investors in INJ (Injective)? Let me remind you, this coin fell from $55 to $21 in just a couple of months. And it seems likely to continue falling.
My point is simple — neither serious altcoins nor memes are safe from Bitcoin dumps. Technologies do not always help slow down this decline. However, hype is another matter, and this tool, in my opinion, is much more powerful than the complicated terms unclear to most investors.
Today, the Grass team announced the public launch of the Grass Desktop Node app. Now you can download this app to your computer and farm points with a 2.0X multiplier. Before the launch of the Grass Desktop Node, a strict 3-month audit was conducted to ensure security. $BTC $ETH $BNB
✅ Сrypto market seems to be in free fall along with the US stock market
✅ Сrypto market seems to be in free fall along with the US stock market, which saw a massive sell-off today. Investors are afraid of geopolitical risks and a possible recession in the U.S., so they are buying bonds and selling stocks 🔽
Daily Digest:
🔸 $2.9 trillion got wiped out from the U.S. stock market this morning
🔸 CEO of American investment management firm VanEck says Bitcoin market capitalization will be half that of gold ($350,000 price per coin) 😳
🔸 MicroStrategy said it acquired an additional 169 BTC in July for $11.4 million
🔸 US Secretary of State has issued a statement, declaring Venezuela's opposition candidate González as the true winner 🤔
🔸 Do Kwon’s extradition to the US has been rejected by Montenegro’s Appellate Court
🔸 Fantom blockchain has rebranded to Sonic Labs
🔸 Morgan Stanley bank told its wealth advisors they can pitch spot Bitcoin ETFs