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$BTC 9.5Billion worth of BTC Options expired a few hours ago. How will these affect the market? Since BTC is trading at the 70k zone during expiry, most of the calls will expire in the money. 😊 Since the strike price is lower than the actual market value, many will exercise the option and buy BTC at the strike price, generating profit. 😁 This is billions of buy orders in the next few hours or even days brother. 🥳 Cheers. I will post update on the chart later today. Please follow me for daily honest updates. DYOR. NFA #TrendingTopic #BTC #OptionsTrading #HotTrends #Marketupdate

$BTC 9.5Billion worth of BTC Options expired a few hours ago. How will these affect the market?

Since BTC is trading at the 70k zone during expiry, most of the calls will expire in the money. 😊

Since the strike price is lower than the actual market value, many will exercise the option and buy BTC at the strike price, generating profit. 😁 This is billions of buy orders in the next few hours or even days brother. 🥳 Cheers.

I will post update on the chart later today. Please follow me for daily honest updates.

DYOR. NFA

#TrendingTopic #BTC #OptionsTrading #HotTrends #Marketupdate

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As of writing, BTC dropped 2% while most of the alts dropped 10%-15%. It's crazy how a 2% drop affects the alts this time around. So people ask, why is this happening? Let's explore the possible answers. This classic BTC movement means that BTC is taking all the funds from the crypto market to be able to sustain its growth. For the record, BTC chart is showing bullish signs leading to the 84k target. It's most likely gonna take another leg up and create new ATH at the expense of the alts. It's vacuuming the money from the alts that it has so much Dominance. Hence, the heavier an alt coin is traded in BTC pair, the greater the impact, the heavier the fall. If you're into alts, the best way out is to pick those that BTC has below average control like PITBULL, SHIB, DOGE, and others. How will you know the degree of BTC control? Make it a habit to check contract. Make sure that less than 20% of the token supply is held by CEXs or centralized exchanges. Why? Its because CEX facilitates the BTC pair trading. FOLLOW for more #BTC #TechnicalAnalysis #Marketupdate #BullorBear #Pitbull
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$BTC $BTC People are buzzing about BTC crashing down when in reality BTC is just trying to create it's ultimate daily support. It's trying to break the 70k resistance guys. See chart below, it's been doing that for the past few months. It's nothing new😉. But will it make it this time? Positive, all the signs are there. So you know the drill. Buy the dip! FOLLOW for more #BTC #TechnicalAnalysis #Marketupdate #BullorBear #buythedip
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If you're into low cap coin, look for rug proof, scam proof tokens like #Pitbull those kind of tokens you can keep them for years without worry 😁
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At first glance, it seems that pepe is showing bearish signs. I'm sure you noticed a classic bearish double top forming in the daily chart. But, no! That's not the case. As requested by a follower, let's dig deeper. The daily KDJ Stochastic oscillator has detected FOMO volume at ATH. This means that price may still go back to its ATH and even beyond it. To confirm this positive signal a bullish falling wedge can also be seen in the chart. Candles are already moving above it. If you'd like to trade pepe the best position is long, and the best entry is 0.00001333 - 0.00001389. How far can pepe go this time? Pepe is in price discovery mode, we have no data to confirm how far it can go, but if it goes back to ATH, expect a 50% rally. Pepe is a huge cap coin, it needs a lot of money to be able to move to the upside. Hence, this token can no longer go x100, but can go x10 if it topples down DOGE. If you're looking for a x100 or even x1000 token look for low cap, rug proof token like PITBULL. PITBULL is in line to become the next binance newbie. It is nominated in binance futures next. You can vote for it, and if it wins binance will double your vote money. #PEPE #DOGE #Pitbull #MemeWatch2024 FOLLOW for more.
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#Pitbull #PitbullToken burned more than 60% of its maximum token supply in three years. Three years from now, it'll be more scarce and expensive ❤️
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