🪙 BTC needs to hold this support level before challenging the $73.8k ATH.

🧪 Bitcoin’s price is on the verge of making a new all-time high after skyrocketing beyond the $70k line earlier this wee.
Yet, there is still one obstacle remaining as the asset has retraced below that level.

On the daily chart, $BTC has been rallying since its rebound from the $60k support level. It has recently been tested and rejected from the higher boundary of the large descending channel. Currently, the price is being supported by the $69k level.

If the line holds, $BTC can once again rally toward the higher boundary of the channel and potentially higher toward the $75k resistance zone 🔥

#EarnFreeCrypto2024 #btc70k #All_Time_High #Bitcoin❗

The most legendary date has arrived, which many have been waiting for 4 years.
Congratulations to everyone on the Bitcoin halving, which has always had a positive impact on altcoin's in the long term.
The foundation of value, the reason for the bull, the basis of the native🔥

#bitcoinhalving #Memecoins #Token2049 #Megadrop #APT

One Crypto Every Binance User Must Have (Part One {1}): Binance Coin ( $BNB )

Binance Coin ( $BNB ) is a crucial asset for Binance users, evolving from a utility token for trading fee discounts to a multi-faceted digital asset with diverse use cases. Launched in 2017, $BNB was initially designed as an ERC-20 token on the Ethereum blockchain. As Binance expanded its services, BNB underwent transformations, including migrating to its native Binance Chain in 2019 and launching its blockchain network, Binance Smart Chain (BSC), in 2020. BNB's utility extends beyond trading fees, offering token sales and ICOs on Binance Launchpad, powering functionalities on Binance Smart Chain, staking and yield farming, and the NFT marketplace. As Binance continues to expand its ecosystem, BNB's adoption and demand have surged among users and developers. BNB's price performance has consistently ranked among the top cryptocurrencies by market capitalization, attracting investors and traders seeking exposure to the Binance ecosystem and its associated projects. As Binance continues to innovate and expand its offerings, BNB is poised to remain a key player in shaping the future of decentralized finance and blockchain technology.

#erc20 #Token2049 #BNB⁩ #InvestorFocused

Crypto Trading in 2024

As a key component of contemporary finance, cryptocurrency trading has cemented its place in the present. As long as you can forecast its moves, stick with it over time, and ride out the volatility of some crypto assets, trading in cryptocurrencies will still be important in 2024 since it can yield large gains as well as revolutionize the financial landscape.

1. Financial Inclusion
Crypto trading has the potential to provide financial services to unbanked and underbanked people. Blockchain technology allows for peer-to-peer transactions without the need for intermediaries, which promotes global financial inclusion.

2. Innovation and Efficiency
The blockchain, which underpins cryptocurrencies, continues to spur innovation. Smart contracts, decentralised apps (DApps), and nonfungible tokens (NFTs) are transforming sectors ranging from banking to art and gaming, ushering in a new era of efficiency and transparency.

3. Diversification of Investment Portfolios
Crypto assets provide investors with a new avenue for portfolio diversification. As traditional markets fluctuate, crypto assets, which have a low connection to traditional assets, provide an outlet for risk management and diversification.

4. Global Economic Impact
Due to their decentralised structure, cryptocurrencies enable cross-border transactions with lower costs and quicker settlement times, regardless of location. This might transform international commerce and finance, resulting in a more integrated and effective global economy.

To successfully navigate the realm of cryptocurrency trading, one must find a balance between formality and informality. Although a rigorous grasp of the industry's history and technological nuances is necessary, the dynamic and fast-developing nature of cryptocurrency trading lends itself to a more accessible and casual viewpoint.

#bitcoinhalving #CryptocurrencyAlert #InvestorFocused #BullorBear

3days Countdown to Bitcoin Halving: What Investors Need to Know 💬

Bitcoin halving, a significant event in the Bitcoin network's protocol, occurs approximately every four years, reducing the rate at which new Bitcoins are created and impacting the digital asset's supply and inflation rate. This event directly impacts the supply of new Bitcoins entering circulation, decreasing the rate of Bitcoin inflation, making the digital asset increasingly scarce over time. Historically, Bitcoin halving events have been associated with bullish price trends and significant price appreciation, leading to heightened demand and speculation among investors. However, past performance is not indicative of future results, and market dynamics can vary with each halving cycle.

Miner economics are directly affected by halving events, as they reduce their revenue from block rewards. Miners must adapt to the reduced rewards by optimizing operations, upgrading hardware, or adjusting their strategies to remain profitable in the face of increased competition and reduced block rewards. Market sentiment surrounding Bitcoin halving events can attract new investors and drive media attention, sparking discussions about the long-term viability and potential of Bitcoin as a digital store of value and hedge against inflation.

Investors should be prepared for volatility, maintain a long-term perspective, and implement prudent risk management strategies to navigate the evolving market dynamics and potentially capitalize on the long-term growth potential of Bitcoin and the broader cryptocurrency market.

#bitcoinhalving #BinanceLaunchpool #InvestorFocused

Today's Cryptocurrency Prices by Market Cap

The global crypto market cap is $2.42T, a 3.45% increase over the last day.
The total crypto market volume over the last 24 hours is $117.71B, which makes a 31.56% decrease. The total volume in DeFi is currently $10.36B, 8.80% of the total crypto market 24-hour volume. The volume of all stable coins is now $108.32B, which is 92.02% of the total crypto market 24-hour volume.
Bitcoin’s dominance is currently 53.81%, a decrease of 0.48% over the day.

Today is a good day for all crypto investors 😁#

The weekend was bloody. But let’s not forget where we’re headed.
People are worried as they’re expecting to profit but they’re losing (Imagine me that my account dropped by -25% because of the deep) then go into a state of panic. If you’re losing sleep at night, when you wake up you will be relaxed, then you do your daily routine. Don’t forget the movement of prices is upwards and downwards movement and in no time (For investor’s into Long Term Investment like me) will have a huge SMILE 😊

Summarized needed for Beginners Investing in Crypto

Beginner investors in crypto investing should focus on education, diversification, long-term perspective, risk management, staying informed, seeking professional advice, and starting small. Education is crucial for understanding the cryptocurrency market, blockchain technology, and various digital assets. Diversification helps spread risk across different assets and asset classes, reducing volatility and loss risk. A long-term perspective is essential, as crypto markets are highly volatile and unpredictable. Risk management is crucial, with allocating a small percentage of your portfolio to cryptocurrencies and diversifying across different assets. Staying informed about market trends and seeking professional advice can help make informed decisions. Starting small and learning by doing is also acceptable, as it allows for gradual growth and learning from mistakes. Remember that crypto investing carries inherent risks, and there are no guarantees of success. With patience, discipline, and a long-term perspective, crypto investing can be a rewarding journey towards financial growth and independence.

If you feel this information was helpful, follow to get more useful information all on crypto investing!!!

This is the best time to buy Cryptocurrency

Question
Why 👀

Answer
The global crypto market cap is $2.33T, a 4.85% decrease over the last day.

The total crypto market volume over the last 24 hours is $185.49B, which makes a 40.57% increase. The total volume in DeFi is currently $17.05B, 9.19% of the total crypto market 24-hour volume. The volume of all stable coins is now $170.35B, which is 91.84% of the total crypto market 24-hour volume.
Bitcoin’s dominance is currently 54.54%, an increase of 0.17% over the day.

#InvestorFocused #InvestInEtherum #write2earn🌐💹

>>>What is Dollar Cost Averaging<<<

Dollar Cost Averaging (DCA) is an investment strategy that involves regularly investing a fixed amount of money into an asset or portfolio over time, regardless of market fluctuations. This strategy aims to reduce the impact of market volatility by spreading out investment purchases over time, potentially lowering the average cost per unit of the asset purchased. DCA is often used in the context of investing in stocks, bonds, mutual funds, exchange-traded funds (ETFs), and cryptocurrencies.

The basic principle behind DCA is regular investment, asset purchase, and averaging out. Advantages of DCA include reduced market volatility, disciplined investing, automatic investment, and potential for long-term growth. However, there are limitations, such as market timing, the difference between cost averaging and DCA, the potential for short-term investment horizons, and the effectiveness of asset selection.

In conclusion, DCA is a disciplined investment strategy that aims to reduce market volatility and fluctuations, potentially leading to favorable long-term investment outcomes. However, it is essential to consider individual financial goals, risk tolerance, and investment horizon before implementing DCA.

#autotrading #InvestorFocused #invest #write2earn🌐💹

Question
With almost all cryptocurrencies dropping what action should be taken 🤔

1. Should I use my flat currency to buy let’s say $SOL worth 50usd or what should I do 😩
2. Should I still wait for it to drop even more, since I’m not sure it will start to rise when I buy it ☹️

Well think no more cuz there is a solution to all the questions 😳, Yes you heard me right. So what’s the solution you might ask 😒

😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
You don’t need to look at me like that 🤭. I am talking about #Binance #AutoInvesting

Binance made a feature available which is called auto invest which I have been using and I must tell you it’s a great tool for beginners and masters crypto investors 😊
#write2earn🌐💹 #write2toearn #InvestorFocused

Should you buy $BTC before or after halving???

Answer; Yes, you should be buying $BTC ahead of the halving.

Explanation; If Bitcoin starts to go on another post-halving rally, this number could spike even more, leading to an even higher Bitcoin price, leading to market opportunities. You get the idea. This cycle could easily last 12 months or more.

#write2earn🌐💹 #write2toearn