Do you think Bitcoin will drop that 10% returning almost to 79 thousand dollars as that prediction says? Just in case, I placed a pre-purchase order with Bitcoin at 79 thousand š¤£
Are you nervous? Are you afraid, everyone? Are you worried that $BTC will come crashing down directly from above like a waterfall? š Today I bring you good news, the two-month consolidation phase can end at any time. Let's start breaking it down from the structure. Just now, the 4-hour chart has already broken the low of 91000, so the downward structure on the daily chart that I've been talking about is completed. I'm talking about the structure, not saying this is the bottom right now. With the downward structure completed, the upward and downward structures on the daily chart within the weekly structure are also completed. Thus, the weekly pullback structure is also completed. So, from a structural perspective, we can adjust at any time and there is a possibility of taking off at any moment. However, I feel there is still some regret because the intensity of this weekly pullback is not deep; it hasn't even touched the Fibo 0.38 level, and we haven't seen any panic selling signals on the daily chart. Therefore, it would be best if the daily chart can break below 90000 and establish a second central pivot here between 86000-89000, and then create a double central pivot consolidation divergence on the daily chart. Why do I keep insisting that 90000 must break? It's because 90000 and the previous 100000 are the same principle. Back then, when it didn't reach 100000, many people were afraid to chase it, and the market's crazy emotions couldn't be stirred up. The same applies now; everyone thinks that 90000 has been tested as a bottom multiple times and believes the support is effective and it won't drop further. So if it breaks 90000, it may trigger panic selling. If you don't scare you a bit, how can you hand over your chips? How can you bear to cut losses? Of course, what I've said is just my own analysis and opinion; it may not go as I predict. Regardless, I have strategies to deal with it. š
Some people have been asking if $BTC will reach 100,000? I can only say that there is a chance to touch 100,000 in the next few days. I donāt know if it can stand at 100,000. It is more cost-effective to short after the 4-hour rebound to touch 100,000. Maybe it canāt reach 100,000, and it can touch 98,000? So you know what to do, right?
Binance just updated its latest version, and released a function to show orders. Letās try it out and see if it works. $BNB #BNBēŗ³å „äøäø¹GMCå åÆęē„åØå¤
Binance just updated its latest version, and released a function to show orders. Letās try it out and see if it works. $BNB #BNBēŗ³å „äøäø¹GMCå åÆęē„åØå¤
The opportunity for a full position in spot trading is approaching. The daily internal structure has formed in the range of 91500-102800. Note that I am saying the structure has formed, not that 102800 is necessarily the peak, as there can be a 4-hour pullback to continue the daily upward trend, breaking through the 102800 high and reaching around 105000. All of these structures are possible. Personally, I think this current downturn will temporarily stop in the range of 94500-96500, and then attempt to reach above 100000. Therefore, to protect the profits of long positions, one can open a short position at 98500 to lock in profits and observe whether it can surge to 100000. If it does go up, continue to lock in profits and then observe whether the 102800 high forms a top with a 4-hour second sell signal. If it appears, close the long and cover the short. For the last 4-hour drop, starting from 85000-89000, start laying out for spot trading, initially with 6 layers of positions. If 85000 does not hold, go all-in around 80000. Choosing the right targets in spot trading is very important; select some hot coins, as some may rise dozens of times in this bull market, while others may not show any progress by the end of this bull market.
MicroStrategy And BlackRock Hold Over 1 Million BTC Worth Nearly $100 Billion
According to Odaily, recent data reveals that MicroStrategy and BlackRock's IBIT collectively possess 1,000,593 Bitcoin, with a total value approaching $100 billion.
Message for the new ones: Cryptos are not lotteries... It's the hardest way to make easy money
MarquezTrader
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Today I leave a message to the new Binance users, if you are going to start trading, whether spot / futures, study, train yourself, if you do not have the means to pay for training, there are free understandable tutorials, and when you feel a little capable, believe in yourself if you have the ability to understand the world of trading, steps to be a trader, patience, discipline and above all believe in yourself ... Today I was liquidated, first my capital went down because I believed in a fraud, second I lost discipline, third I lost patience, if you are going to start being a trader, the minimum investment is 50$ and keep going. #BinanceMegadropSolv
Fresh news in the crypto world! š Bitcoin (BTC) closed at $102,180 on January 6, but fell the next day, creating expectations for a test at $100,000. Despite this, the behavior of investors on Binance suggests accumulation, which could drive a price increase. Additionally, the Coinbase index shows renewed interest from retail investors in the U.S. What do you think about the future of BTC? Let us know your comments below!
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