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Understanding crypto
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state of the crypto market. This is why I'm just holding my crypto investments. #Bitcoin #Altcoins #cryptomarket
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One thing that I hate about crypto influencers is their utter lack of accountability and deflection of responsibility to followers! When the markets drop, some influencers will circle back to some of their coins like XRP and say “I bought my XRP at 0.20 so I’m not worried”. But, said influencer would have been encouraging his/her followers to buy XRP just about the last month when it was at 0.50 (just using XRP as an example here) Of course they wont directly say BUY but insinuate the latter. I’ve seen several videos about this type of phenomena and I notice that the influencer cult always tries to look correct rather than BE correct to keep their media status. So basically it’s more of a game they now play to look correct rather than actually being right. I would say to be careful with the information you get online and the people you follow. If you follow anyone that may have coerced you into buying something and when that thing drops, the influencer magically appears to not be affected as well, then you should strongly consider unfollowing! Most of my coins are in the red and we are in this together. But if someone has made you buy something and now that the markets dropped he’s saying he bought in way lower which isn’t your buying zone… you should keep away from such person. He bought way lower and continued the shill even when it might have done a 10x but then when it drops he’d use his entry to say he isn’t worried about a drop. Be very careful in this space folks. There’s just about a handful of people like me that actually do care about the growth of your pocket!
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When someone asks me if I’m still holding my crypto Me:
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Can 1000sats do a 50x? let's Vé-rify 😉 I firmly believe that memes will remain an integral part of the crypto world. While some may argue that all of them will eventually fade into obscurity and hold no value, examples like Dogecoin and Shiba Inu prove otherwise. Heck, it even appears that Pepe is here to stay too. I accurately predicted a 57x increase in Bonk's value nine months before its remarkable surge. My reasoning then revolved around the notion that SOL whales would leverage Bonk to draw retail attention to Solana, much as they did during Bonk's launch. I hold the view that Bitcoin whales might adopt a similar strategy. (And, let's not forget, Bitcoin whales are among the wealthiest players in the crypto sphere). Notably, 1000 sats represent a BRC20 token designed to honor the one and only Satoshi Nakamoto. 😄 Analyzing the chart, it appears to be approaching its bottom, though there remains a possibility of it dropping to 0.0001900 (where I've assessed its price potential). Based solely on my analysis and if my theory holds true, we might witness it skyrocketing to 0.0036593 (an 18x increase) someday! haha However, I entertain the notion that BTC whales might propel it to $0.01, corresponding to the value of each satoshi if Bitcoin were to hit $1 million per BTC. Well, perhaps my ideas sound foolish to some, but this is my perspective. I welcome your thoughts and any concerns you might have about this token that I might not be aware of.
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There's a bullish divergence on ethereum's daily here. However, theres a likelihood of a drop to the 2.6-2.5 area. I would like to see eth hold that zone if it does drop there (will update in said event!). I was in an eth trade and now i put my stop to B.E (4hourly looks bit bearish for me) NOTE: I am overall bullish and i hope we go straight up from here. Just making this forecast to keep you updated.
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Bitcoin is currently up by 3.23% from forecast. for context, thats like 48% gain on 15x leverage. Stay tuned for next forecast
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