This morning #BTC re-tested the peak area of 37k9 🎁✍️ Here #Bitcoin hits the strong resistance zone 38k - 38k5, so there may be a slight reversal to the 37k - 37k2 zone and the Ema200 zone in H1 frame is 36k6. My current actions: 1. With BTC running a peak test, I have now taken profit on all the Luoi bets I caught last night and yesterday morning. 2. I still keep the Hold #Lowcap bets. I've held a few beautiful Entry girls for quite a while but haven't been able to take profit yet because they just increased by 20-30% and haven't met expectations Target takes profits in the next 1-2 months, when they fly, they take profits These Lowcap children are strongly collected by Dev and the floor > 70% of the total supply. Small circulation quantity, nice consolidation chart, broken down trend on the chart... So I'm still waiting for a strong pump before selling! 3. I do not Short BTC or Altcoin at this price, Because BTC is still in an uptrend and the upward force is still very strong Wait for BTC to retest Ema200 H1 4. I prioritize BTC's downtrend to force Long to short BTC and Lowcap stocks have beautiful charts. Usually take profits within the day or 1-3 days if BTC is still beautiful! #CPI #FLOW #DYDX
#BinancePizza – The Symbol of the Beginning of Decentralized Finance
On May 22, the global crypto community celebrates the event when Laszlo Hanyecz used 10,000 BTC to buy 2 pizzas – the first real-world transaction using Bitcoin. From a simple dish, Pizza has become a symbol of the beginning of the decentralized financial revolution.
Binance launches the #BinancePizza campaign to honor this historic milestone and connect the global community. This is an opportunity to reflect on the development journey of cryptocurrency while spreading the spirit of innovation, sharing, and applying blockchain to real-life.
#BinancePizza is not just a story about pizza – but a testament to the power of technology to change the traditional financial system. Today is just the starting point. The journey continues.
1/FED holds interest rates steady, uncertain about future hikes. (depending on the situation) => $BTC kills long short, goes sideways, and money flows into altcoins. Stablecoins are not being minted, but around $173M is being deposited onto exchanges. 2/ One more factor is needed for a strong altcoin rally, which is BTCD. You can follow the team's plan for altcoin trading, but it's advisable to have a stop-loss to protect your investment.
❇️𝙑Market Transformation 𝘽𝙄𝙏𝘾𝙊𝙄𝙉 Can Increase By 1 Trillion 𝙐𝙎𝘿 After Launching 𝙀𝙏𝙁 Spot Delivery.
✍️According to 𝘾𝙧𝙮𝙥𝙩𝙤𝙌𝙪𝙖𝙣𝙩's most recent analysis, the introduction of spot 𝙀𝙏𝙁 could lead to a significant increase of up to 1 trillion 𝙐𝙎𝘿 in Bitcoin's market capitalization.
✔️There is a possibility that 𝘽𝙞𝙩𝙘𝙤𝙞𝙣 will increase significantly by 165% when introducing spot 𝙀𝙏𝙁.
✍️𝙑Just the other day, the dissemination of misinformation about iShares endorsement of #bitcoin spot #ETF caused a significant impact in the industry, leading to a significant increase in the value of several cryptocurrencies . During this boom period, the value of 𝘽𝙏𝘾 reached nearly 30,000 𝙐𝙎𝘿.
✍️𝙏𝙪𝙮 However, when the market became aware of the veracity of this statement, the asset quickly returned to the level it had reached before the spike. Although the gains were short-lived, this rally provided a glimpse into the potentially strong reaction the market may exhibit to the launch of the (𝙀𝙏𝙁) Fund.
This particular exchange-traded fund is just one example, although there are countless such funds currently awaiting approval. What will the market look like after all these Exchange Traded Funds (𝙀𝙏𝙁) are introduced? On-chain analytics company 𝘾𝙧𝙮𝙥𝙩𝙤𝙌𝙪𝙖𝙣𝙩 looked extensively at this topic in its recent article. 👇👇👇👇
NEWS: #BTC #crypto2023 #ftx #ETH For example, Fantom Foundation was hacked for 550 USD. Ethereum founder Vitalik Buterin sent 15 million USDC to cryptocurrency exchange Gemini. Ethereum founder Vitalik Buterin said: “I haven't sold ETH since 2018.” Bitcoin market capitalization could increase to $1 billion following the launch of spot trading ETFs as reported by CryptoQuant. Binance US users can no longer withdraw USD. South Korean regulator outlines steps to strengthen digital asset laws.
SIGNS OF THE MARKET CREATE A BOTTOM - Continuous fud, speaker deck, lawsuit, unlock, Whale awakening, Government ban,... - Black Swan: War, epidemic, bank bankruptcy, .... - Long-short: There is a large payment amount of over 500M$ for Long orders - On-chain: There is an amount of stablecoin mint money => loaded onto the exchange immediately, Wall Volume >2B - PTKT: Support support zone this week -Psychological analysis: 70-90% of the community has one extreme direction: 1 is that they have been allin before and are afraid to sell and wait for a lower bottom to hold the money, 2 is that there is no more money to catch the bottom. THERE ARE 2 COMMON TYPES OF BOTTOM 1. TOUCHING SUPPORTS QUICK RECOVERY, THE STRONGER THE REDUCTION, THE FASTER THE RECOVERY - Due to continuous news and fud => Herd mentality, liquidation of many longs, there will be long discussions - Liquidation of orders 24 hours long => over 300M $ - After adjustment more than 60 days => there may be a bottom, recheck the proposal to check supply and demand 2. BOTTOM SIDEWAY OF FREAKING => ACCUMULATE ENOUGH QUANTITY (TIME + QUANTITY) TO CHANGE IN QUALITY - Stone accumulates for a long time, moving sideways makes the market depressed, most investors will leave the market because there is no wave, cannot make profits => the longer the time goes, the more goods will be sold. - Signs: Sideway amplitude shrinks, the supply does not withdraw much to the floor, the volume is as low as the previous cycle - The longer you accumulate, the stronger you will be able to pump backwards, because once you are strong, when you pump there will be a lot of good news, the money flow will form a big wave and grow stronger. WHEN DOES THE DAY START? START THE DAY? - Catch the bottom when BTC has corrected at least 20% combined with widely FUD news - In the last 60 days, #BTC has adjusted 20-30% from its peak (if the amplitude is high, it can be swept down to 50%, but most will withdraw strongly) -RSIbelow30frameD+WeeklysupportpriceframeW+Stablecoingoesuponthefloor=>buy BTC#Binance #XRP
1. Technical analysis: - In the Ellioot wave, we can see that wave B has formed, meeting the minimum wave conditions. This means running all 3 abc return waves. When this worst-case scenario occurs, wave B will end at $28k5
However, in wave B, the Zigzac pattern XYZ is often run, which is an expanded form of abc. With the condition that BTC must create a support zone above $27k2. And break above the EMA200 line in frame D1. Then Bitcoin will have a final increase to $29-30k before starting wave C.
- Frame W1: Last week closed a Doji Volume tree larger than the previous Full green tree! Signaling a reversal pattern This week it is testing below Ema200 at 26k9 The red stoch at the lower 50% is crossing the yellow stoch at the upper 50%.
- Frame D1: The price line broke the Ema200 zone at 27k$ with strong force and small volume. The red Stoch cut down very strongly. Shows that there is no supporting force
- Frames H4 and H1 are creating a beautiful convergence area Signaling recovery rhythm in small frame!
⏩ CONCLUSION:🧐 - BTC is preparing the conditions before running wave C. There may be a short recovery to 29-30k and then there will be a break of the recovery wave and a sharp decline!
- The short wave has not really reversed after the sharp decline in the past 2 days! So it's not yet confirmed whether BTC will have a final beat or not! But with current Volume and indicators, this possibility is not high! Especially the strong support zone of the multi-frame EMA200 26k9 - 27k2 has been broken!🧐💎
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2. WHAT WILL BE THE TREND OF BTC & #ALTCOIN🦈
- When BTC runs this wave C with Total falling sharply, Total 3 will fall sharply. ⏩ #Altcoin will fall even stronger and many coins will create new bottoms 🙄
- This ABC rhythm of BTC represents wave 2. In case BTC still maintains its price above 15k44, wave 3 will begin! Timing around the second quarter of next year!
Through experience, the ability to analyze and look back at the past, I personally find that my judgments may be right or wrong. Before, I also "accepted" or debated this or that point of view with others. . But maybe that's really not that important, $BTC is still the same in the long term trend, it will grow (many different reasons that everyone can read), in the short term it will go up or down, no one is sure. Even in which Microstrategy is holding 4.5B$ #BTC with so many brilliant minds gathered, it is still losing (average entry 29k), and has already sold the bottom of #Bitcoin in December and recorded it in Financial statements at this time BTC 17K. The most important thing is to still have a plan for yourself, choose a style that suits you, some people like DCA, some people like to buy low and sell high, some people are lowcap, people are coin based, people are dex cex ,... do it later to survive and make a profit in that style, then you should continue on the path you have chosen. Most of the profits I earn in the market come from altcoin projects that have a foundation that combines instant information and catalysts, so I will continue on the path I choose. For your games, you need to learn about the project, know how to value a token, see the data of whales buying and selling, cex deposits and withdrawals -> this will add more solid information for your own investment. Looking at #BTC can be right or wrong, there is no need to buy right at the bottom, but as long as BTC goes sideways or decreases slightly, I can still make a profit until today. Up to now the plan is still on the right track, there has been a war fud, the next preparations can take advantage of replay capabilities, cash flow can be exchanged for bonds, crypto things can stop working, the project will be hacked. , ... A lot of things can happen. The important thing is that we need to have a seemingly negative perspective, but in reality everything can happen and we need to accept that => if we accept it then it will happen, we will feel relieved, and still continue. Continue your ongoing process And if you are stubborn, too positive, too fond of technology, too trusting in project news, too trusting in news news, too trusting in certain groups, too trusting in someone who will lead you to crypto with a pink future filled with buildings and cars? country, wealth, wealth, and wealth, the easier it will be for you to be disappointed, the easier it will be for you to get angry when the market doesn't go your way, you will react harshly when someone contradicts your opinion, from a rosy person you become. become an extremely negative person with the path he is on. You feel that you have been deceived, tricked, tricked by MM, led by KOLS, who are the people you trust with all your heart, putting you in difficult situations,... People say that if you lose money you lose a little, if you lose faith and will you lose everything, "first champion, second champion" only know that they are too blind, too greedy, too afraid of the changes around them. surrounded by the outdoors. Therefore, for the first time, you need to build your own solid foundation, have your own standards, what is the reason for buying, selling, holding or exchanging, why do you act like that, we are pleased to consult. Or wisdom says, it is necessary to have reason to discuss correct opinions in investing. Sincerely, to those of you who invest slowly and peacefully! .
THE WORST SCENARIO IS HAPPENING!!!🧐✍️✍️ #BTC just broke through the hard support zone of 26k9 to 26k7 Confirming the necessary conditions to break the uptrend! Now, the sufficient condition is for $BTC to test 27k-27k2 and then break below 26k7 to officially enter bearish wave C! At the same time, confirming the end of wave B! Waiting for #Bitcoin to rebound to see if it can create support above 27k2! If so, there is still hope somewhere! Otherwise,thefourthquarterwillreallybeverybadforthewholeCryptomarket🥲
“Who wins without winning Who should not but double that.” If you are at the peak, don't be too sad, today I will follow a whale wallet with an account > 100M => maybe this is the 1st famous wallet in crypto (but not yet identified). For this example, I often call the name ending 46 (tu luc), which means death (loss of fortune) is trying to gain fortune. Address example: 0x9b0c45d46D386cEdD98873168C36efd0DcBa8d46 Mostly interacts with MM Wintermute, and Binance and Coinbase (collects coins from the exchange) Let's take a look at what this example holds: + 30% is ETH + 13% is Layer2: MATIC (10%), LRC, OP + 10% are SHIB, PEPE memes + 9% is Oracle: LINK protocol (7%), 2% is TRB + 4% deposit: RNDR, STORJ, ANKR, RLC + 5% AI: GRT, FET, NMR + Defi: YFI, SNX, AAVE, KNC, MKR, UNI, COMP... + Other projects are AVAX, INJ, NKN, AMP, SAND, AXS, ACH... As the saying goes, no one knows where the bottom or top is, and neither does the big whale, although the right time for this whale to buy altcoins is mostly in March when BTC is 20k (March 11-17) and the selling period. around May 15/5 collected on the floor, but: - LINK is reducing interest rates, AMP is -60%, GRT is -40%, ... - Some altcoins that will be added in July are FET, KNC, OP,... - Among these, lowcap pumps TRB and STORJ strongly, which are the two strongest pumps IN SUMMARY, MOST ARE LOSING OR BUYING. From August until now the error is about 40M$ (150M to 108M) => Average error 26% Or follow me to receive the earliest information. Share the article if you find it interesting
1. Basic analytical skills: Fundamental analysis helps people have a complete picture of the market. It includes 3 important things: macro analysis, economic analysis, project analysis. The crypto market is gradually developing and growing, so it is more clearly affected by economic policies. PTCB helps you understand the economic cycle, cash injection cycle, credit policies..., understand the internal value of the project such as tokenomics, who is the dev team behind it, what funds invest in that project and future development prospects. PTCB is suitable for long-term investors.