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JayDayBuyCrypto
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what is going on right now ? $BTC back to the top trying to make it support again ?
#BTC
popped. I don't know đ€·ââïž but it's great đ maybe get stuck in a broadening wedge with that
#trendline
just up and to the right đ€Ł $BNB $RVN
Avertissement : comprend des opinions de tiers. Il ne sâagit pas dâun conseil financier. Peut inclure du contenu sponsorisĂ©.
Â
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BTC
103âŻ465,32
-1.08%
BNB
652,69
-2.47%
RVN
0
%
9.8k
0
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Not to mention this is the first time in Bitcoins history the 4 year cycle is happening under quantitative tightening and not easing.
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Hello Binance. What an uncertain macro environment we have this cycle. #BTC , so far has had a fairly decent bullrun. #altcoins , excluding a select handful have not. I wish I knew what was going to happen. unfortunately, I can only come up with more negative narrative than positive. For the positive aspects I see more government involvement in crypto ( this can also be a negative), I also see more institutional investments and the possibility of the 4-year cycle still playing out. The negative aspects are retail is and has been RIP'd since the last cycle. Global economic despair coupled with US tarrifs and a possible global trade war which would spark greater inflation and even less investment money in people's pockets. War in Europe, war in the Middle East, and possible war in Asia. Yields up , Gold up , stocks down , and ever looming recession woes. Things are so bad that #Ethereum getting hacked for $1.6 billion ETH barely made a blip in the news. Your guess is as good as mine đ€·
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What's up Binancians it's been a minute. I haven't been away, but I haven't been on Square for a long time. #Alts still look pretty garbage. $BTC looks fantastic. I'm a very happy investor. I would be even happier if #binance would list $SATORI but it's probably not gonna happen for awhile. everyone must be planning for the last year of the bullrun in 2025. I'm not so optimistic, but nor do I care if it is or isn't. good luck to you all.
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Besides the macro correction #BTC has going into the #Halving , there are other factors that may affect price action , such as a black swan event. #Bitcoin may correct along side of another narrative. More war , economic instabilities , declaration of recession, another pandemic đ€·ââïž who knows , but all of those narratives are currently elevated already so it wouldn't take much to make them worse. This may suppress price even further down , which I'm sure all the new ETFs would love to have and help to achieve that. 2024 is gonna be wild. #cryptocurrency #altcoinsâïž $ETH $GRT $RDNT
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#BTC unless something changes drastically, $49k may have been the top. This is important. Historically #Bitcoin will pullback going into the #BitcoinHalvingEvent 1st halving - 48% , 40% , 48% , and now the halving is a few months away. I'm going with $28.8k summer lows as my main target for some wick action , but 34k , 32k , 30k, this isn't for #Leverage so it makes little difference to me in the long run. Some time has passed since my last post , but nothing has changed. We are right on track. $BTC $RIF $RVN
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