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Formed Rounding Bottom in Daily Timeframe 👀
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#ETH spot ETF is likely to be launched in two weeks! With this kind of fundamentals, #ETH should outperform #BTC in Q3 and Q4 2024. Unlike Bitcoin and many alts, Ethereum never reached 2021 highs so far! Thus it has great potential for the next few quarters 💸 $ETH
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👩💻 #REVIEW BITCOIN #BTC is back to range lows. This time it actually feels like no one cares, probably most of traders are already out of positions by now. I am still a bull and expect a move up to $70ks. I know that I've been saying that for weeks, but let's be honest: #BTC never dumped lower than I expected! Ranging is killing the volatility, but bulls are fine and will arise some day! $BTC
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#TON is probably the most popular altcoin (excluding memes) this summer! Current market gives golden tickets only to few alts, I guess #TON is one of them! I start to build a long position in the blue zone using low leverage 🐌 $BTC
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Important Notice Regarding Bitcoin Investment Strategy Dear Team Members, I bring to your attention a critical update on Bitcoin's current market status. Recently, Bitcoin has fallen below the midpoint of the weekly Bollinger Band, signaling the conclusion of its bullish trend. This change indicates that the favorable conditions for holding long positions in Bitcoin have diminished. Consequently, our strategy will pivot towards closing out our existing long positions gradually over the next six months, capitalizing on market rebounds, and initiating substantial short positions in preparation for a potential bear market. Our initial profit-taking target for these short positions is set at $25,000, a level we anticipate due to a notable gap in the market structure. In the event of losses, it's essential to remain resilient. We have the opportunity to recover through a strategic shift to short-selling. Successful trading requires adaptability to market conditions, regardless of their direction. Bitcoin has currently experienced a 10% decline, with potential for further downturn exceeding 70%. By seizing this pivotal moment, substantial returns are still within reach. Let us move forward with confidence and determination, navigating these market dynamics with a proactive approach. #Write2Earn! #IntroToCopytrading #BinanceTournament #Megadrop #altcoins
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📈🔔 Bitcoin Forecast Alert! 🔔📈 I foresee a significant upcoming move for Bitcoin! In 2021, Bitcoin skyrocketed from $3,800 to an impressive $65,000 before retracing to $28,000, aligning perfectly with the 0.618 golden ratio. Fast forward to 2023-2024, Bitcoin surged from $15,500 to reach $74,000, currently undergoing a weekly pullback. It's anticipated to find stability around $38,000, another alignment with the 0.618 ratio. After this corrective phase, expectations point to a rapid onset of a second bullish cycle, potentially propelling Bitcoin towards approximately $93,000. While history doesn't repeat itself identically, it often rhymes in compelling patterns. The charts vividly illustrate this unfolding narrative. #Write2Earn! #altcoins #BinanceTournament #Megadrop #TipMeAndRich
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