MrCVn

the group is struggling because of the boss

On December 5, 2024, Bitcoin (BTC) is experiencing a volatile period in the cryptocurrency market. After a strong recovery in the past month, BTC is currently trading in a narrow range and is affected by macro factors, including central bank policies and stock market impacts.

The BTC price chart shows a continuous fluctuating trend, with support near $33,000 and resistance around $35,000. Trading volume is slightly down, indicating caution from investors in the short term. Technical signals such as RSI and MACD suggest that Bitcoin may be in an overbought zone or a slight correction is possible.

However, the development of blockchain technology and cryptocurrency regulations in major countries may still be strong influencing factors, especially in the long term. If BTC breaks through the $35,000 resistance level, a strong breakout can be expected, but if the correction continues, $30,000 will be an important support level to watch.

In short, the current Bitcoin market is experiencing certain fluctuations, and investors need to closely monitor technical indicators and macro information to make the right decisions.$BTC

As of December 5, 2024, Bitcoin is trading within a relatively stable range after a slight adjustment in recent days. The current BTC price is fluctuating around $40,000 – $42,000, with macro factors such as the monetary policies of major central banks and signals from the global financial market strongly influencing this volatility.

Demand for Bitcoin is showing signs of increasing from large institutions, especially after many investment funds and companies continue to increase their Bitcoin holdings in their portfolios. However, the uncertainty in the policy decisions of regulatory agencies, particularly in the US and EU, remains a factor affecting investor sentiment.

Additionally, the community is paying close attention to how DeFi projects and other blockchain applications could continue to drive the development of Bitcoin as a long-term investment asset.

In summary, Bitcoin maintains a high price level, but the market is awaiting clearer factors regarding policies and macro indicators to continue the growth trend.

Is there any type that will be a trend in the future? If anyone knows, please leave it in the comments section ☺️

✋ We always need to think positively but prepare for the most negative situations
- On March 8, when BTC was on the rise to $70k, I posted the article "Don't rush to buy" (Picture 1)
- On March 19, when BTC had an ATH of about 73k6$, I posted "be careful of the 20%-30% correction" and gave 2 buying zones: 60k$ and 54k$ (Figure 2)
- Now on April 17, when the market is falling, many people are dividing into 2 or 3 accounts and even thinking it is very confusing, I will repeat it once again.
The buying zone if it drops past 60k$ is:
- Zone 1: Zone 54k$
- Region 2: Region 46k$
Region, not exact price.
If you don't have money left to buy it, close your phone, turn off the app and sit still.
We have gone through many ups and downs of the market together. When the market goes up we are very happy, when the market goes down we encourage each other to get through it.
I re-uploaded it so you can see that our view of the adjustment early on and from then on always keeping a portion of capital in reserve is correct.
Maybe when the market goes up, people will ride the growth wave and "make a lot of money" and laugh when they see us keep "remembering to allocate capital", "don't rush to buy", "if there is a correction". correction". But at these times, when the market drops and accounts are broken, only those who are mentally prepared in advance and still have capital can stand firm in this market.
You know, the bravest people who always rush forward are often the ones who easily fall because they don't have a plan B for themselves when things don't go according to plan.
We Are Cowardly - Yes. We Are Too Careful - Yes. We are too obsessed with the past Downtrend - Yes.#bitcoin#Bitcoinhaving $BTC $ETH $BNB #Web3 BinanceSquareVietnam

According to old data of previous Halving periods:
🚀2012 price#BTC= 12.25$ after halving 1 year = 1,129$ => 92 times increase
🚀2016 price#BTC= 653.28$ after halving 1 year = 2,544$ => 3.9 times increase.
🚀2020 price#BTC= 8,605$ after halving 1 year = 56,929$ => 6.6 times increase.
🚀2024 price#BTC63429$ (provisional) after halving 1 year =??? Source: brainins

Share with friends now

70.5k
views
15
likes
0
quotes
8
shares
23 comments
Most recent
Most relevant

Square-Creator-3462b54b345880fdf0ca

1. It took 7.5 months to earn 100 million with 500 Shiba Inu coins.
2. It took 11 months to earn 100 million from PEPE 140,000.
3. It took 3 years to earn 100 million from 20,000 Ethereum.
4. It took 3 years to earn 100 million from 50,000 Ripple coins.
5. It took 5 years to earn 100 million from 30,000 Litecoin.
6. It takes 40,000 ADA to earn 100 million in 5 years.
7. It took 4 years to earn 100 million from EOS 30,000.
8. It took 7 years to earn 100 million from 15,000 TRX.
9. It took 6 years to earn 100 million from 10,000 Monero.
10. It took 8 years to earn 100 million from 50,000 Bitcoin.
You may think it's all fantasy but it's all true
And my friend, do you believe that 𝒌𝒂𝒊𝒋𝒖 can't create the next miracle!
Anime coming soonX. 5 days left.
Hold on to this bull market, this bull market will bring you freedom!
Don't miss the chance to get cheap chips now. If you want to take advantage of such a big increase, you still have to buy early!
#memecoin⁠⁠⁠⁠ #binance

0817175773#ENA#ETH
Personal opinion, buy at 0.55$ -0.65$ and hold for the short-term. In the short term, it can drop but not lower than 0.5$, in the short-term, it can pump x2-x3 in 15 days, falling to 1$-1.8$ with a capitalization of 1.5T$ -3T$. After that time, it is time to hibernate and put it in a corner, wait for the supply to run out, and then calculate the new plan.