THREE LESSONs LEARN FOR BAD MARKET CONDITION 👇👇👇👇👇👇👇 | Sunsmart on Binance Square

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THREE LESSONs LEARN FOR BAD MARKET CONDITION 👇👇👇👇👇👇👇

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we currently in this CRYPTO cycle

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Next #FOMC rate hike probabilities: No hike ➡️ 99.1% 25 bps cut ➡️ 0.9% Such news accompanies a possible fall in the crypto market

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Historically speaking, Bitcoin's dominance has only started decreasing when Bitcoin broke its previous all-time high. This means that the best time to start investing in altcoins is when Bitcoin breaks its previous all-time high. That's when retail FOMO begins to kick in. I remain fully invested in Bitcoin, with a small amount of Ethereum, and only a very few select altcoins (in minor amounts) that I believe could outperform Bitcoin.

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The Moving Average Convergence Divergence (#MACD) is a trend-following momentum indicator that helps traders and analysts identify potential buy and sell signals in an asset's price chart. 1. MACD Line (Blue Line): This is the difference between the 26-period Exponential Moving Average (EMA) and the 12-period EMA. The MACD line is more responsive to short-term price changes. 2. Signal Line (Orange Line): This is a 9-period EMA of the MACD line. It's used to generate trading signals. 3. Histogram: The histogram is the vertical bars that represent the difference between the MACD line and the signal line. It provides a visual representation of the MACD's divergence from the signal line.

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📆 Company reports this week! - Tesla report October 18 (23:05 Moscow time). - In the 2nd quarter of 2023, Elon Musk left Bitcoin on the balance sheet of Tesla. Are we expecting even more volatility?

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