LIVEMadmicho
@Madmicho
Good things comes to those who are patient
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Market is reaching stagnation, should only buy the ones in upward trend or wait out a dip to invest other than that the surge in prices is not sustainable at this point#BTCBreaks89k
Trading is patience, its a great test for investor’s willingness to wait and not let their emotions get involved $BTC got back to its previous ATH before breaking it to make it 72k, people who sold their $BTC because of the down trend have to wait for it to go back down and if the market is downward they will either buy at a loss or sell but any logical person would wait out the trends because they do not last, buy whenever you feel you can make profit even if its a small amount
A small win better than a Huge loss
#WeAreAllSatoshi #markettoday
A small win better than a Huge loss
#WeAreAllSatoshi #markettoday
The best thing to do in this market is to wait it out, you can buy some crypto but you gotta be willing to hold them for the long run#BinanceAdvice
Don’t feel bad if you lost some money and don’t rush to sell, you’ll only make your losses worse by doing so, you gotta stop thinking that you can perfectly predict the market or set a limit for your gains whether upwards or downwards
The market depends on the stock market stock market goes down people get scared the immigrate to crypto, market goes up people immigrate back, basically chasing the highs but the thing that remains is that your interest should be a priority or you’ll always chase trends and gain nothing
The market depends on the stock market stock market goes down people get scared the immigrate to crypto, market goes up people immigrate back, basically chasing the highs but the thing that remains is that your interest should be a priority or you’ll always chase trends and gain nothing
The market is recovering, $BTC will probably go up to 65k-67k but no telling from there on also $ETH is making a slight comeback since it was holding up fairly well even when the market was down
Buying some crypto seems like a good idea for now but for the cryptos that have potential like ,solana $ADA even if the gains are relatively small but its way safer that buying bigger cryptocurrencies since the market is not stable and the recovery is uninsured #CryptoInvesting2024 #BinanceLaunchpoolDOGS #CryptoMarketMoves
Buying some crypto seems like a good idea for now but for the cryptos that have potential like ,solana $ADA even if the gains are relatively small but its way safer that buying bigger cryptocurrencies since the market is not stable and the recovery is uninsured #CryptoInvesting2024 #BinanceLaunchpoolDOGS #CryptoMarketMoves
Don’t be fooled by candles, they’re but an indicator that traces market’s movements and it shouldn’t be used to make your decisions of selling or buying, trying to predict the future of the market using past fluctuations is a bad idea
Whether the market is bullish or bearish, the only factors to take into consideration are your goals and your expectations
Lots of people tried when $BTC hit 70k and lost big, people’s goals were met and they exited the market causing the market to panic then only a few bought taking it back to 70k, but the trend cannot be supported at big prices by small traders since those prices will only benefit $BTC whales and they have so much influence over its price, hence the market reflecting the stock market
#Marketsentimentstoday #CryptoMarketTrend #InvestSmartly
Whether the market is bullish or bearish, the only factors to take into consideration are your goals and your expectations
Lots of people tried when $BTC hit 70k and lost big, people’s goals were met and they exited the market causing the market to panic then only a few bought taking it back to 70k, but the trend cannot be supported at big prices by small traders since those prices will only benefit $BTC whales and they have so much influence over its price, hence the market reflecting the stock market
#Marketsentimentstoday #CryptoMarketTrend #InvestSmartly
Same as every trader around the world we wait for the market recovery after the black Monday might take a while but don’t panic sell
Also the US election will have a huge impact on Markets because if Kamala wins majority of markets will be painted red, $BTC will be targeted since it has a huge mass of US dollar
will be targeted since it has a huge mass of US dollar
#MarketIndicator
Also the US election will have a huge impact on Markets because if Kamala wins majority of markets will be painted red, $BTC will be targeted since it has a huge mass of US dollar
will be targeted since it has a huge mass of US dollar
#MarketIndicator
Market looks not so promising, i suggest you hold, unless you have meme coins those are going full red #mememcoinseason2024 #market
in this market i suggest you don’t trade, and don’t panic just hold what you have and if you are buying the dip buy the smallest amount possible, the amount that you can afford to lose like a 100usd or if you are not in the US, buy 20 from $SOL or some coin with potential and linked to $BTC since its gravitational pull on other coins is huge
#MarketIndicator
#MarketIndicator
Vanguard announced that they have no plans to launch Bitcoin ETF, this slows bitcoin’s recovery due to speculation on vanguard joining the crypto market, lets not forget the US government moved $BTC from the infamous Silk Road market to coinbase, this particularly caused some volatility on the market hence the red colored $BTC graphs
#BTC☀ #CryptoMarketTrend
#BTC☀ #CryptoMarketTrend
The market is stagnant right now, that is due to the stock market recovering from the fear of a recession that wiped billions off the stock market
if you plan to invest in suggest you get some $BTC $SOL $BNB those are the ones that have the most potential other than that it’s mostly small gains and high losses #Bitcoin❗ #StockMarketTrends
if you plan to invest in suggest you get some $BTC $SOL $BNB those are the ones that have the most potential other than that it’s mostly small gains and high losses #Bitcoin❗ #StockMarketTrends
investing is not easy, it depends first and foremost on controlling your emotions and studying the market
Btc is a perfect example its is the biggest on the market and the only solid crypto besides etherium but BTC is so huge all other cryptocurrencies get affected by it
Use it as an indicator of the market’s volatility
Btc is a perfect example its is the biggest on the market and the only solid crypto besides etherium but BTC is so huge all other cryptocurrencies get affected by it
Use it as an indicator of the market’s volatility
Market trends basically follows the stock market that is being pushed by big corporations and governments like what we saw in japan and the US crypto is still linked to USD the international currency so anything that touches USD touches all cryptocurrencies, BTC were impacted by the stock market due to the market almost crashing because of japan’s policy to push its economy for growth, i encourage people to read about the market almost crashing, and how the problem that halted the computers running at the airport causing people to fear the market crash and extreme volatility #Marketsentimentstoday
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I will share $200 with my 10 followers 🤝
Here is how you can win.
👉 Repost / Quote with this post 👈
Carefully read and discuss these topics to be eligible for $200👇🏻
1. Explain The overall market trends
2. Why we witnessed a big drop in market
3. Add your prediction
4. what strategy someone can use to prevent from these market conditions.
Here is my take on market so you can get an idea what you have to post:
Picture 1: Bitcoin was clearly printing lower high on the daily and weekly chart which is technically is a sign of weakness.
Once price start breaking down we saw a sharp well off which was obviously caused by market weakness itself but also some macro fundamentals that iran is attacking israel , Global recession and Japanese market is crashing.
Market trends (Picture 2)
if you see the overall weekly trend i think nothing changed on the $BTC weekly scale price is still on an uptrend based on the weekly chart unless we see a weekly close below $50k level.
Predictions:
Like i said as long as the high timeframe chart is bullish it's fair to expect bitcoin continue to push up towards the new highs. The key level to hold is $50k
How you can prevent from these drops?
As this move down was fundamentally driven
When situations are this bad charts are least likely to work.
The least you can do is either wait for the situation to settle or buy when you see market capitulation. (A big move down)
you see how big that candle was and it dropped to key high timeframe level and provided a good move up.
Join the conversation now and share your insights for a chance to win!
🎈This post is jointly sponsored by Binance Square.
Here is how you can win.
👉 Repost / Quote with this post 👈
Carefully read and discuss these topics to be eligible for $200👇🏻
1. Explain The overall market trends
2. Why we witnessed a big drop in market
3. Add your prediction
4. what strategy someone can use to prevent from these market conditions.
Here is my take on market so you can get an idea what you have to post:
Picture 1: Bitcoin was clearly printing lower high on the daily and weekly chart which is technically is a sign of weakness.
Once price start breaking down we saw a sharp well off which was obviously caused by market weakness itself but also some macro fundamentals that iran is attacking israel , Global recession and Japanese market is crashing.
Market trends (Picture 2)
if you see the overall weekly trend i think nothing changed on the $BTC weekly scale price is still on an uptrend based on the weekly chart unless we see a weekly close below $50k level.
Predictions:
Like i said as long as the high timeframe chart is bullish it's fair to expect bitcoin continue to push up towards the new highs. The key level to hold is $50k
How you can prevent from these drops?
As this move down was fundamentally driven
When situations are this bad charts are least likely to work.
The least you can do is either wait for the situation to settle or buy when you see market capitulation. (A big move down)
you see how big that candle was and it dropped to key high timeframe level and provided a good move up.
Join the conversation now and share your insights for a chance to win!
🎈This post is jointly sponsored by Binance Square.
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