#BTCNextMove What is happening now is the usual market clearing, they sold the bulls, they sit and rest while others are freaking out. So I can say that the illustration is not the best, but for someone this is the moment to buy another viola and bulls in their portfolio, so don't worry, in a few days everything will be as it was or even better ☝️ 🚀 $BTC
I prepared some info about the fear and greed index 😈
This index shows the emotions of traders and how much they are willing to risk.
📉 0–50 – fear: everyone is afraid and drops coins; 📈 80–100 – greed: everyone wants to buy so as not to "miss the moment".
When everyone is afraid – this is often a good time to buy. When there are more bullies – the market may be overheated, and the risk of a fall increases.
Example: 📅 11/22/2024 – index 94, and a few days later bitcoin fell sharply from $99,600 to $90,800;
From my experience, I can say that the index shows the market mood well when bitcoin updates key highs or lows.
It is useful to use it only for general analysis of long-term forecasts (but not for traders trading intraday).
I dug up an interesting chart with statistics from large funds. Hedge funds are actively accumulating short positions in Bitcoin, and on the contrary, in Ether, they are buying up the entire issue from the market at the most active pace.
Therefore, my forecast for the near future is a decrease in Bitcoin dominance and a transfer of money to altcoins, the first in line is $ETH
MicroStrategy will only go bankrupt in the event of an asteroid hitting Earth — CEO of CryptoQuant
According to him, over the past 15 years, the price of $BTC has never dropped below the average purchase level of long-term whales, which is currently around $30,000.
MicroStrategy's debt is $7 billion, while the value of their $BTC BTC is $46 billion. Even considering only the value of the bitcoins, the liquidation point will be reached if the price of the first cryptocurrency drops to $16,500.
If your coins are not yet in the "alt season" stage, it's time to sell everything and take what has already given +500-1000% in a month. And then, according to tradition, record the loss and buy back what you have poured. Everything is clear, like in a textbook.
💡 Stop loss — why it is important and how to use it
Stop loss is your protection against unplanned losses. It closes your position if the market goes against you.
📌 Why is it needed? If you don't set a stop, you can lose everything. Don't open a deal without it.
📌 Where to set a stop? Don't set a stop "anywhere". You need to set it behind an important support or resistance zone, best of all after some manipulation (liquidity withdrawal)
Here are two options: • on one, the stop is behind the support level of the withdrawn liquidity, and if the price receives a correction, the probability of keeping the position is high.; • on the other — a short stop, because of which most participants quickly incur losses. Binance CEO sees these stops and as usual, takes the hamster stops, sending the price to the take🤣
🤝 Tip: Placed a stop at some support on the chart, but not in the void
The situation is recovering a little, I started to worry because I bought it at you know at what prices, but everything passed $BTC leveled off, then an increase is promised, maybe up to 105k, here it will be possible to sell to those who are engaged in short-term trading, or maybe scalping. I would also like to note that $ETH has started to climb again, it is possible to reach 4k by the end of the week. As we can see, the viola $MOVE has been restored after its listing, it will also go up together with other violas. And there will be what will happen 🤓
$BTC bit is falling more and more smoothly, the viola is growing a little against this background, yesterday I took $MOVE on the listing and it is already going well, I also decided to take $MEME but something went wrong with it, I will wait for a little at least 5% increase until the end of the week😜🫵🏻
Lisk is an old crypto that launched in 2016 and is currently developing an L2 blockchain
Of course, such a project already has a token and it is traded at 1.38$ on top exchanges, including Binance
Why is the farm without competition? Because there are high requirements for users:
1. 30+ Twitter followers, 2. Discord and GitHub created before June 1, 2024 3. Gitcoin Passport 20+ speed
Besides us, most users do not have such high-quality AKs, so let's continue
1. To participate, connect a wallet on the website 2. Register through Guild 3. Enter the AXAJPa code 4. Next, we perform tasks and super tasks (they are paid the most)
This campaign started a week ago, and the rewards ($21 lam) will be distributed already in the first quarter of the New Year, so I advise you not to waste time
By the way, supertasks are paid every 2 weeks, so you don't have to wait long
- $BTC BTC has broken $100,000 and is passing the baton to $ETH , which is going to go for $5,000, we bought it for $2,100 and it cannot help but please us, we would like to fix it in the region of 7-10k, but we will see
- The dominance is falling, the viola made 2-5x from the bottom, not allowing those who thought for a long time and hesitated to enter, so we need to wait for some kind of correction and then fly
- Our seedlings $MEME and $NOT grow slowly but surely, I think sooner or later there will be a stick +50% per day, but patience is needed
- After the fat drop of Hyperliquid, everyone started abusing Arkham - post
- I've been trading memes for the last two weeks, so far I've caught 3x on ai16z and 3x on degenai, AI memes are an interesting thing. I still keep the rest of the memes like MUMU and SCF, I am waiting for the saltwater to be downloaded and the potion to return there
- Also, for the last month, I have been trading on the Hamster channel with videos already for personal money, so far a solid plus
In short, the main thing now is not to fall into euphoria, at any moment the bit may adjust to 88-90 k and it may hurt, so we keep a cool head and fix profits in time 🤝
$ETH in the near future it will increase by 5%, this is verified information, who will earn from this, I will not mind receiving a tip, 2 days and these percentages will be in the top, if you see my recommendation, then I tend to like and comment on my post
Actually a very interesting article, I recommend everyone to read and study the content, because they say that people come here only to see the prices ... but this is nonsense, because Binance is a multi-faceted application, not only a platform, but also a great trader's guide! so be careful and read more! Good luck my friends!
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