Top 1 and 2 are peaks that precede the main peak, it was broken in the previous cycle in December 2020 and broke the peak in January 2021.
Weekly, it broke tops 1 and 2 in November and is considered early compared to the previous cycle, and is close to breaking its main peak and a historical number that may happen at any moment.
What you see from targets are the price angle levels that are often achieved, God willing.
✍️ The current market movement and its data are 99.9% similar to the 2017 cycle, in which Bitcoin rose from $2,800 to $19,700, and most of the alternative currencies achieved 100X double.... I may be wrong in my prediction, but I am certainly not wrong with the existing data 🛡️
UAE 🇦🇪 announces the launch of a stablecoin linked to the UAE dirham on the TON network
It is a new step to enhance digital currencies backed by local currencies and expand the use of blockchain in the region, in addition to being a very excellent step on the network
The AEDT currency will contribute to the flow of money to the UAE and speed up transactions↗️✨ About 150 million people use the USDT currency around the world and issue accurate reports to customers monthly to ensure full transparency and operate the AEDT digital currency according to one of the Blockchain technologies
Do you see it as an excellent step for the UAE or not?
Avalanche (AVAX) coin 🔸 It is a relatively new digital currency ⏳✨ It was launched in 2020, It is the virtual currency dedicated to the "Avalanche" project. You can buy Avalanche coin and own it in wallets for any period of time with complete ease through the Binance platform or similar reliable and licensed digital currency platforms And interest in it has gradually increased over the past years due to what it has shown of a real ability to develop and grow⏳👌🏻✨ The (AVAX) coin recorded one of the most successful cryptocurrency launches; It raised nearly $42 million in the first 5 hours of its launch. ✨📈 The price of the currency is likely to continue to rise to exceed 200$ by 2029, according to many analysts. 🧐 The currency is characterized by full encryption that ensures the highest level of protection and security, and the Avalanche currency works based on a new concept called smart contracts that help users share financial assets
1. Market control Bitcoin is the first and largest digital currency and has a high market value, meaning its decline is usually less compared to Altcoins.
2. Liquidity It has greater liquidity, meaning if someone sells a large amount, the price is not affected significantly like other currencies.
3. Trust People see Bitcoin as a “store of value,” like gold in the world of digital currencies.
Why do Altcoins fall more?
1. Weak liquidity Altcoins do not have enough liquidity, meaning if someone sells a large amount, the price drops sharply.
2. Linked to Bitcoin Most Altcoins are linked to Bitcoin, meaning if it drops a little, it sometimes drops twice as much.
3. Speculation People usually buy and sell Altcoins based on speculation, not on real value.
4. Lack of support Some new currencies are still weak and do not have strong support, meaning any shock could be disrupted.
My advice;
If you want a relatively safe investment, focus on Bitcoin, but if you can tolerate the risks and want a quick profit, you can invest in Altcoins, but you must be careful. #Bitcoin#Cryptocurrencies#Trading#Investment
From the signs I mentioned, you will see currencies jumping in hours 100% The XTZ currency has been inactive for months and has jumped as you can see in the chart so far 70%
Whoever loses patience does not deserve this market..
Coin $USUAL Financials and Number of Coins at Listing
Total Supply: 4,000,000,000 tokens.
ISO Circulating Supply: 494,600,000 tokens (12.37% of total).
Distribution:
64.5% for community incentives.
7.5% for Launchpool.
8.5% for initial airdrop.
5.68% for investors and advisors.
4.32% for the team.
Listing Date
USUAL is set to be officially listed on Binance on 19/11/2024, making it an ideal opportunity for investors interested in stablecoins and projects focused on decentralization.
Conclusion
USUAL presents an innovative model that aims to redefine the concept of stablecoins. With a focus on transparency, decentralized governance, and profit redistribution, USUAL represents a unique opportunity for investors and users to participate in a fair and sustainable financial system.
Be part of the currency revolution now, and own the new financial system!
$SOL Leads all blockchains in daily net flows. Take it as a rule in digital currencies, there is only Bitcoin, no one will compete with it, and anything below it will sit on top for a period of time and disappear.
Is it time for SOL to dominate ETH!! In my opinion, if the Ethereum team does not work on an exceptional development in which it moves away from SOL, or its fate is to surrender and abandon the lead and compete with Bitcoin.
2024 has seen a stunning rally in the price of the world’s leading cryptocurrency #Bitcoin🚀
In January, the price of Bitcoin peaked at $47,300. By November 13, the price had risen to $93,402.31, an increase of nearly 115%, bringing the long-awaited $100,000 level closer than ever.
Some claim that this upward trend was influenced by the recent Republican victory in the White House race, but Bitcoin’s journey this year has also been shaped by major events, such as the halving in April and other economic factors.
View the chart of Bitcoin’s price development.
Now let’s think out loud: Will Bitcoin reach $100,000 by the end of December 2024?
MicroStrategy acquired 51,780 BTC for ~$4.6 billion at ~$88,627 per#BTCand generated a BTC return of 20.4% through the current quarter and 41.8% through the current year. As of 11/17/2024, we hold 331,200 BTC acquired for ~$16.5 billion at ~$49,874 per BTC. $MSTR
🔥 Event ⏳ In previous cycles, the effect of November was determined and it is clear that it is a month that jumps at the beginning and calms down or corrects at the end.
But December in all cycles was strongly rising. It rose in December 2016 by 40%, and rose in December 2020 by 88%.
🌟 January is usually the beginning of the year and with it there is a lot of news, decisions, etc., so we notice that in 2016 and 2020 it was corrected in a confusing way for many and reached -30%.
🌟 March 2016/2020 is a sub-peak that carries with it a strong correction that exceeded -35%.
🌟 February in the previous two cycles was also similar in the rise, as it rose 77% in 2016 and rose 100% in 2020.
Should history repeat itself now with the past in the same behavior? Not necessarily, but it gives the trader an impression of the similarity of the movement on Bitcoin and helps him in making a decision.