Quick Update On $BTC Trends! Road to 75K! Or 100K? Or 60kâŠ
It seems like we have a decent upward trajectory followed by dips between 61-68k.
Worst case scenario it dips to 55-60k and we see a huge buyout the following weeks OR It continues this ping-pong between 66-70 until it pumps up to 75k.
BTC is holding a strong position with huge potential for coming weeks and months.
Hey fellow Binance enthusiasts, A quick note from a newbie, I recently joined Binance (around 1-2 months) and I have been looking at the up & downs of a bunch of coins.
Recently, my attention got distracted by #ReiNetwork which I have been holding every since it pumped and praying it goes backup one day. Although, I got to admit I have mixed feelings about that one.
HOWEVER, I believe coins like $APT $PENDLE $TIA are my best bet for this halving with hopefully between 5 to 20X in the following weeks. As you know, I am ULTRA new to crypto and this is just a side hustle for me.
So, do not take my advice without doing your own research. Keep in mind this is mostly speculation and big whales playing cards and it cannot always go right for any random person.
A few things, I would suggest and which I have read a lot, if you are at loss with a coin, donât panic sell, just hold and pray with your fellow cryptomaniacs.
Donât forget to set up sell limits with a high but not stupidly high pricing or drop it in your earn wallet and forget about it to hold (at least thatâs what I do).
$BTC is struggling! Second dip a row. No strong dip below 60k except for a few moments. Will it hold this summer around 60k or go up? Or down⊠letâs see đ
Pendle will recover ! This coin has huge potential imo. Just reinvested!
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Binance News
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Pendle's Total Value Locked Drops to $39.64 Billion, Experiences 37.6% Decline in a Week
According to BlockBeats, Pendle, a prominent player in the DeFi yield market, has seen a significant decrease in its total value locked (TVL). As of June 28, the TVL in Pendle has dropped to $39.64 billion, marking a 37.6% decline over the past week. This information is based on data provided by DeFiLlama, a reliable source for DeFi statistics.
The sharp drop in Pendle's TVL indicates a shift in investor sentiment and could potentially impact the overall performance of the DeFi yield market. However, it's important to note that fluctuations in TVL are common in the DeFi space, and this decline could be a temporary setback for Pendle.
The DeFi yield market has been a hotbed of activity in recent years, with numerous platforms vying for dominance. Pendle's recent performance will be closely watched by investors and market analysts alike, as it could signal broader trends in the DeFi sector.
The recent $BTC fall to 58k showed how the market can still fluctuate quite a bit. Summer is around the corner and hopefully traders will go enjoy the âïž. We could get another fall below 60k or stay around 61-62k throughout the summer with a few pumps here and there. I would suggest any traders to buy low during the dips especially $SOL and $INJ ! Donât forget DYOR !
$INJ is going insane! After a BTC stall at 66k, INJ has powered through it and is firing above the previous BTC pump. BTC could be hitting 72k again if the hype continues. Letâs see how far INJ can go! đđ
BTC is still experimenting heavy selling! Although the buying force fights back⊠This summer can offer both high and low BTC just important to anticipate the appropriate timings. Still it has a strong position around 65-69k for the past couple months. Letâs hope for great things! #btcupdates2024 Check my posts for quick recaps! Donât forget DYOR !
This is a brutal liquidation long trade for Bitcoin. The price has dropped from $72,000 to $68,900 in just a few minutes . đ„ž However, there may be a signal to buy now for those who are brave enough. The RSI is currently at 4.85, which is deeply oversold territory. This could indicate that the sell-off is nearing its end and that a bounce is imminent.$BTC
$REI has some big backers. Iâm still holding some I kept for too long⊠This coin has been so silent đŽ. The push to 0.35 was crazy! I believe we will get one more in 2024! So far, it seems to stay between 0.06-0.08 unless⊠letâs hope for something big. đ€ DYOR đ
$ETH has yet to show a real push⊠his companion $ETHFI is lagging behind. $BTC is still strong, I donât expect it will go lower than 68k until another pump. Be prepared when #ETHđ„đ„đ„đ„ Donât forget DYOR