Very good! Buy the dip, sell the high | Maximous-Cryptobro on Binance Square

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Maximous-Cryptobro

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Very good! Buy the dip, sell the high

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always with me

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🗣️ El Salvador President Nayib Bukele continues to increase the country’s Bitcoin reserves despite a recent agreement with the International Monetary Fund. The country has purchased 12 BTC in the past two days. 🪙El Salvador’s National Bitcoin Authority reported purchasing 11 Bitcoins worth more than $1 million, as well as an additional unit for $106,000. This brings the country’s total reserves to 6,044 Bitcoins, equivalent to about $610 million at the current rate of about $101,000. In December 2023, the government of El Salvador reached an agreement with the IMF for $1.4 billion in financing. One of the conditions was to curtail some Bitcoin-related activities. In particular, the government agreed to make cryptocurrency acceptance voluntary for the private sector and to reconsider its participation in the Chivo crypto wallet. However, the director of the National Bitcoin Authority, Stacy Herbert, emphasized that the country's strategic plans for the cryptocurrency remain unchanged. This is confirmed by new Bitcoin purchases literally the day after the signing of the agreement with the IMF. Profitable Investments According to portfolio tracker Nayib Bukele, El Salvador's profit from Bitcoin investments as of January 21 was $ 179 million. The country became the first in the world to recognize Bitcoin as legal tender in September 2021. At the same time, an October survey showed that 92% of Salvadorans do not use Bitcoin for transactions. This figure has increased compared to 88% in 2023. #BTCBreaksATH

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📢 Volatility at its peak🚀🚀🚀 Amid the ceremonial festivities on Capitol Hill, traders were busy buying up near-market volatility options. Over the past 24 hours, the vol-of-vol readings for Friday options have been hovering around 25 vols, meaning that volatility itself has been extremely volatile. By comparison, on normal trading days, this reading rarely exceeds 5 - 7 vols. Such a sharp increase suggests exceptional uncertainty in the market, with traders massively revising their expectations for future price movements. $BTC

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📢 The number of searches on the topic of buying bitcoin has increased sharply 📊 Analysts from The Block found that from January 6 to 12, there were 247,000 mentions of "bitcoin" in the social network X, and over the next week - already 495,000 mentions. According to the publication, for Ethereum, these figures were 73,600 and 293,000, respectively. At the same time, in Google Trends, the number of searches for "how to buy cryptocurrency" reached a new record. Such factors indicate a "leading indicator of increasing retail investment inflows," which was typical of previous bullish cycles. According to analysts, the increase in the number of searches is mainly due to the bitcoin rate reaching new record highs and the inauguration of Donald Trump. $BTC #BTCBreaksATH

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$DOGE Where is the rocket? 🚀Son of a doge!

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🎩 Get your HYPE ⬇️

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