Greetings Degens!! I am an aspiring crypto billionaire and I want to take as many people as I can on this journey with me. Let's do this together. Follow!!
It's easy to FOMO, and mess up on potentially life changing opportunities!!!!
When the biggest moves occur during the Bull Market buying coins with a REAL use case on SPOT is basically your best option. (DCA) This is because of the massive volatility during this period.
One such coin is TONCOIN the official cryptocurrency of the Telegram app.
With over 800 MILLION active users with more than 1.8 MILLION active groups, they pay creators for generating content.
WHEN crypto becomes mainstream, What form of payment do you think Telegram is going to use to pay creators???
Maybe Telegram sets up in-app payment and transfer facilities???
What cryptocurrency might they use??? hmmmmmmm..... psstt it's...
#BTC goes down to 48,000 USD before we take off to begin our journey to the mooooon 🌕
As you can see in the analysis I've done, it shows how the 250 MA (daily timeframe) is being approached as you read this, this can represent MASSIVE resistance in price movement.
Considering the momentum, and the fact that Japanese traders tend to wait 30 days before re-entering the market after selling.
we are approximately 15 days away from take off!!
I personally would 🚨SHORT🚨 Entry at 58,000 USD. TP : 48,000 USD SL : 60,500 USD Leverage : 10-20X
We will be visiting the depths of price hell one more time.
DO NOT, I REPEAT, DO NOT enter your long trades before seeing the signs of a flip on the charts.
#BTC looks like its on the way to 48,000 USD. If anything shorts would be a better option when price reaches it's upper resistance (54,000 USD) with a very tight SL.
We have a long way to go before recovery, the macro environment has turned bearish rapidly.
I believe we chop half of the month in lower regions. ATH re-test in September.
Remember the FED needs to reduce rates in the USA first, then we get in with small long positions ready with a bag for hedging.
Remember, the best time to buy is when there is blood on the streets. Your own included.
Trade well brothers, follow for more updates with real information that will actually help you.
Let me tell you chaps about why crypto and stocks are going to shit, like absolute dumpster fire.
How many of you know the actual percentage of foreign investment that maintains stock market prices??
Japan is a country with massive influence. Also, a country that not once has increased interest rates in over 28 years.
Recently, due to inflation concerns in Japan, the country has decided to increase interest rates on loans.
This means all investments from Japan are gonna dump their bags and go on and buy government bonds. Forcing money back into the country. Indirectly screwing over the entire risk asset market.
I almost guarantee this means rate cuts in the U.S this September. Let's say more than one by the end of year.