$BTC BTC breaks my upper resistance That resistance now w | BlackchenOG en Binance Square

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$BTC 
BTC breaks my upper resistance
That resistance now will be my new support
Retest is happening at the moment, let's see if this can be a new support or just another basis of a new resistance
#BTC☀ 

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BBUSDT long In case you don't know about the project (BounceBit) then try to check my post about it 👇

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$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 🎯 : 0.3273 0.4180 0.4522 0.5237 0.6123 0.7150 note this is a swing trade caution 🛑 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 🔥 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 👍🙏

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BounceBit’s CeDeFi Revolution: Bridging CeFi and DeFi for the Future of Finance

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$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 🔥🤏

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$BTC Will you scalp your way through or you hold tight and endure the rough seas 🌊 🌴 and reach the island of treasures? (a friendly reminder) above all stay safe and stay healthy 🙏 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 💰 money. congratulations to your profit 👏 I'm sure you manage it well 😉. you deserve it 💪🙏

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