$BTC Closing the weekly candlestick with the engulfing W candlestick pattern confirms the trending in moving. Everyone can see that there were salmon beats at the beginning of this week but don't mistake it for a bull. The market characteristics of this period may be Lowcap ontrend or gamefi trend, very short term but that is not fun.
Reviewing a long-standing analysis, here on the left is the wave theory knowledge in books, of course it is formed from long-term and reasonable trading experience with all markets, forex, stocks and Not excluded with crypto.
And you can see that $BTC BTC is following that scenario 99% of the time. Levels 1-9-10 are correct. Currently moving in the 11-12-13 range according to the chart on the left. and reality shows that BTC will reach number 14-15 at that time. Any respite in the market begins.
Do you think investing in crypto is easy? No, all psychological developments will not be the way you think, and it is times like now that because you have confidence, you want to go all in, so when the market rests in the next adjustment zone, you still have capital. to buy cheap goods or not? Or were you depressed, regretful and angry at the market at that time..?
I don't mean to say that buying now is wrong, but in the long term you can divide your capital by level. So that you still have cash to buy cheap and extremely cheap goods.
I wonder what percentage of people are all in the market right now? And are those people worried and frightened? If not, then it's not the time for the Sharks to stock up.
And I am shinji, Objective analysis to have a reasonable investment plan for long-term planning
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I haven't been posting $BTC recently but I always update the long-term chart for you guys. Please take the time to visit this channel to read the article and vote for this award.
I analyzed the $BTC plan before the luna crash, then bulllished to 20k 70k and then adjusted to 4x the last time
During that process, I reacted with criticism and warning to Kols with poor knowledge who called to buy allin altcoins at BTC 7x, such as Cryptobaby, Rau muong buon...
They don't understand $BTC , moreover, they are not developers, so they don't understand anything about technology. They only understand through the words expressed by others. The most headache is the nature of the technology project that has just been listed on the exchange, and Vietnamese kols are calling very enthusiastically for F0s to hit the top and destroy their accounts. It is from the Kols that every season is stuck..
They are not strong in anything related to the market except for sanctifying their words, many people get rich because of other people's mistakes, if not to say take their money and put it in their accounts.
You have to wake up, stand outside and watch, when BTC increased 5 times, those who bulllished you did not understand BTC. I do not mean to hit the value holders if they really hold for the long term, but most of them cut their losses.
Let's look again, if we go like Gold gold then $BTC will go back to 71-72k$ very quickly. This surprised many people.
But in Shinji's plan, which is pretty much in line today, there's still money left for new scenarios. Remember Shinji doesn't give you nonsense.
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Bearish
$BTC And Gold Gold is going almost the same Gold went through a Flash crash that caused nearly 100 large funds to sell out and I also lost many assets from this crash.
Bitcoin is going in the same direction, I just want to use my own experience to remind everyone that the market is always tough, it is not like what most people think.
Currently, more than 95% of people who are said to have invested in $BTC are making profits. Taking profits at this time is not too difficult to understand.
And the strong market correction is nothing beyond the imagination. However, I'm talking about this concept I envisioned not today, last week, last month, but 2 years ago, I envisioned it and shared it. The phenomena that are considered the most extreme are the collapse of Luna, the recovery of BTC from 20k to 75k.
I never say too much, and only people who understand, people who have followed me for 5 years can understand.
Sincerely in the constructive spirit, all readers should consider this signal as reference. Because it hasn't happened yet, it's impossible to say whether it's accurate or not! Wait and see.!
$BTC I'm back Using the MVRV-Z Score index, Shinji determines which cryptocurrencies are overvalued or undervalued.
A high MVRV ratio means investors are holding unrealized profits and will likely sell. A low MVRV ratio means investors are holding on to unrealized losses and may be buying. In my assessment, Toncoin ($TON), #btc Bitcoin (BTC), Ethereum ($ETH ETH) and Dogecoin ($DOGE) are in the red zone in terms of MVRV-Z Score. The red area in the MVRV-Z Score is considered high risk. In other words, this indicates that investors may consider selling and taking profits as the asset may be overvalued. According to the data, the ratio for $TON is 5.09; 2.2 for BTC; This ratio is measured at 0.95 for ETH and 0.5 for DOGE. In contrast, altcoins with low MVRV-Z Scores below 0 are less risky. At this time, altcoins with low MVRV-Z Scores are the ones that cause the most trouble for investors and therefore have the potential to generate profits. According to the data, altcoins with low MVRV-Z Scores and offering buying opportunities are listed as Uniswap (UNI), Shiba Inu (SHIB), Polygon (MATIC), Chainlink (LINK), Cardano (ADA) and XRP. According to the data, the ratio for UNI is -2.29; -1.63 for SHIB; -0.95 for MATIC; -0.61 for LINK; This ratio was measured as -0.38 for ADA and -0.2 for XRP.
#binance just announced the first project on Binance Airdrops Portal - Banana Gun (BANANA). This is the token of the Banana Gun bot ecosystem, providing trading tools for on-chain tokens. Users who have staked their BNB in ââSimple Earn products from 07:00 June 23, 2024, to July 6, 2024 will receive an airdrop of $BANANA tokens. #BananaGun
After the information was released, the BANANA token increased by 20% within a few hours Page #BinanceHODLerBANANA Airdrops are expected to be available for five hours, and new tokens will be distributed to users' Spot Wallets 1 hour before the tokens begin trading on Binance. The exchange will list BANANA at 16:00 on July 20, 2024 and open trading with BANANA/BTC, BANANA/USDT, BANANA/BNB, BANANA/FDUSD and BANANA/TRY pairs.
HODLer BANANA airdrop details: Token name: Banana Gun (BANANA) Total token supply: 8.9 million BANANA Maximum total supply: 10 million
HODLer airdrop reward: 800,000 BANANA Current circulating supply: 2.42 million (27% of total supply) Circulating supply before listing on Binance: 3.22 million BANANA (36% of total supply) Smart contract: Ethereum BNB holding limit: Average user BNB holding ratio / total BNB committed in Simple Earn * 100% †4%.
Binance HODLer Airdrops is a program that rewards BNB holders with airdrop tokens based on a Snapshot of their BNB balance. By staking BNB into Simple Earn products on Binance, users automatically qualify for HODLer Airdrops, Launchpool, and Megadrops. HODLer Airdrops reward users, providing a simple way to earn additional tokens
As I mentioned and noticed a long time ago, this project is very potential and can go hand in hand with the Uniswap dex... Cap 150M for billion dollar target is not illusory.$BTC restoration could help this project get ahead.
Remember, the lust and fomo begin again. BTC is still in the accumulation zone, however, this recovery can say that the alts that collapsed last time may be a dip, because if they collapse again, the alts will return to that area.
As for BTC, it still cannot be confirmed that it has entered bullish as it has not yet broken the yellow line, and the immediate 3-4th quarter is full of fluctuations.
BTC has returned to test the 50-53 zone, enough to bullish, but the market will not operate that easily. Maybe this re-up will wipe out the last remaining liquidity.