Bitcoin investors recall the German government selling 50,000 Bitcoins at an average price of $54,000 because it had secret information that Bitcoin would drop to $40,000, as Arab tweeters stated at the time.
OKX platform decided to remove the Myria coin and a number of other coins.. This caused a campaign of fear and people sold while some bought more and took advantage of the drop.. The decision is yours.. The project is working.. Monitor the project more on Twitter and Discord.. and see if there are negative things that may appear... If you are afraid, change to another coin and there are many coins.. I personally will stay in it even if it drops with a guest.. The important thing is to transfer the coin from OKX to another platform.
Today a new wave moved but it withdrew liquidity from currencies that rose during the past week.. This is normal.. until Bitcoin returns and its acquisition increases and attracts more money from abroad.. then throws it on currencies.. So do not be upset if your currency declines again as liquidity is currently (rotating between currencies).
There is no longer any reason, fear or excuse for Bitcoin investors except the elections.. and they will end.. delaying breaking the top and making a new top within days will be something unusual for Bitcoin’s behavior.. our age has passed and we are in the sixties.$BTC
📈 Is Altcoin Season Nearing? Studying the Bitcoin Dominance Cycle 📈
Take a look at this Bitcoin dominance chart! Over the past cycles, we have noticed a recurring pattern that could indicate a potential altcoin season on the horizon.
💠 Key Notes:
👉Each phase of Bitcoin dominance increases lasted approximately 1065-1066 days. 👉After that, there was a decline in dominance that lasted approximately 334 days.
Currently, Bitcoin dominance is approaching 60%, and if history repeats itself, we could soon see a decline in dominance. This decline typically creates a favorable environment for altcoins to rise faster than Bitcoin, signaling the start of altcoin season.
💡 Why This Matters: A decline in Bitcoin dominance means that money could start flowing from Bitcoin to altcoins, potentially driving up their prices. So, keep an eye on the charts - if this trend continues, we could be in for a lucrative alt season soon!
Peace be upon you Bitcoin is maintaining a good support area.. As usual, it goes up, hits a new area, then returns back to test a previous support.. I expect this behavior to start changing and we will see big green candles, God willing, after breaking the top Meme coins today - eating a hit - and this is positive if it continues.