$XAI keep an eye on XAI break of structure and now looking for retest. make sure you take entry in part. Risk takers take it on leverage. Good for spot entry. #pizzaday #ETHETFS #altcoins #btc70k
#BTCdominance We need to see Bitcoin dominance cool off (that's a BTC.D dump) to make room for altcoins to shine. Once that happens, buckle up for an altcoin pump! It's all about market share. When Bitcoin dominance weakens, it frees up investment flowing into alternative cryptocurrencies. That can lead to significant price increases for altcoins – that's altseason! Keep an eye on BTC.D and get ready for the ride! #ETHETFS #btc70k #altcoins #BinanceLaunchpool
$BTC Inverse Head & shoulders if breakout happen of the Bitcoin then it will be bullesh #CMEBitcoinSpotTrading #notcoin #MemeWatch2024 #ETHETFS #altcoins
#BTCdominance We need to see Bitcoin dominance cool off (that's a BTC.D dump) to make room for altcoins to shine. Once that happens, buckle up for an altcoin pump!
It's all about market share. When Bitcoin dominance weakens, it frees up investment flowing into alternative cryptocurrencies. That can lead to significant price increases for altcoins – that's altseason!
Are you worried about the recent drop in altcoins ?
It's actually pretty normal to see dips like this during a bull market. And historically, prices have kept going up until they reach their peak which is usually 500 days after the Bitcoin halving.
Instead of freaking out and selling everything, learn to use these dips to your advantage. Hold onto your investments, look for solid projects & narratives, and DCA your entries in these dips.
When trading crypto, you have to get used to volatility.
#Cryptoupdates What happened during Covid-19 in 2020? The market suddenly crashed 50% in 2 days. Bitcoin plummeted to around $3800 USD. It was a complete bloodbath in the markets, with the world under lockdown and the economy crashing. What happened? Market makers created immense fear, uncertainty, and doubt (FUD) in the market while taking advantage of it. They capitulated all retail traders, forcing them into panic selling. After the complete wipeout, the market started reversing back, and then it pumped, making new all-time highs (ATH). When the pump started, people were in disbelief, waiting for Bitcoin to drop to $2k or $1k, but it never happened.
Expect the same with the current war situations going on. It's not good for humanity and all, but these smart players use this to their advantage. During times of war, people turn to safe assets like gold and digital assets to protect their money. However, yesterday, gold also retraced. So, it's all pre-planned financial drama orchestrated by very smart people. #bitcoinhalving #BinanceLaunchpool #cpi