Bitcoin's volatility has reached its highest level in 20 months. Morgan Stanley is advising its wealthier clients to consider Bitcoin ETFs, and there's a lot of good news coming in. However, Bitcoin still appears to be in a downtrend. If BTC can maintain its position between $54,000 and $58,000 for a week, we might see it cross $60,000 next week. But for now, you can consider shorting Bitcoin at $57,000 and closing the position around $55,000-$54,000. $BTC #MarketDownturn #ETH_ETFs_Approval_Predictions #VanEck_SOL_ETFS #SOFR_Spike #BinanceHODLerBANANA
People often wonder when the next altseason will start, but we are far from it. I've witnessed two major bull runs, and the one in 2017-2018 was exceptional. During that period, there were fewer coins, and most of them were traded in Bitcoin pairs. Futures trading wasn't as prevalent, and nearly everything was surging at the same time. What we're experiencing now isn't a true altseason; it's more of a capital rotation. Investors are shifting from one narrative to another. We've seen Solana and SOL tokens rise, followed by a few other coins making significant moves. Now, AI-related tokens are gaining attention. I believe this trend will continue, but I doubt we'll see a return to the kind of altseason we had in 2017-2018. To succeed, you need to do the hard work to identify the next strong narrative. Otherwise, many will be left waiting for their altcoins to rally. #altsesaon #BTCā #BinanceSquareFamily #ETHETFsApproved #BnbAth
I remember a few days ago when I predicted Bitcoin would return to 48k, many people commented daily saying it would cross 80-100k this month. They had no idea how the market actually works and thought it moved based on patterns in the charts. But that's not the case. The deep truth is that the market always moves according to news; it is the news that decides whether the market will go up or down. News creates buying and selling pressure, and price manipulation is determined by fear and greed. So, today's lesson is always to keep your eyes on the news. #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions #VanEck_SOL_ETFS
The predicted market crash is now upon us! A major downturn is imminent as BTC falls below the critical support level of $59.3K. Two potential outcomes are on the horizon:
1. BTC continues its downward trajectory, potentially dropping to the next significant support level at $47K. 2. BTC sees a brief recovery before sharply declining again to $59.3K for a retest.
šØ extreme emergency alert about $SOL ššØ The continuous selling pressure in the market, the consistent decline of Bitcoin, and the ongoing fall of Nasdaq could potentially turn Solana's extreme bullish trend into a downtrend. Many traders, who rely solely on chart analysis without understanding the intrinsic value of coins or overall market capitalization, often lose everything. They look at historical charts from 2017 to the present and perceive these coins as highly bullish. However, every coin has a terminal value, after which other coins may take its place in the market. These traders fail to recognize that a single bad news event can cause the entire market to bleed. They overlook the significance of news and the underlying projects of coins, instead relying on chart patterns and the opinions of a few fake bloggers, leading them to trade recklessly.
So, the question is, what can we do in this situation? We can consider entering Solana between $118 and $125, using only 5x leverage for a long position. We should aim to sell above $150. $BTC $SOL #btc #sol #Write2Earn!
Some people were laughing when I predicted that $BTC would return to $48,000. These are the newcomers to the market who don't know much and only look at Bitcoin's graph since 2017, thinking it will continue to go up indefinitely. Someone needs to explain to them that the depth of the market is assessed by the overall value of the asset. Bitcoin's value is currently around $1.3 trillion, which is quite substantial. Many people don't even realize how much $1.3 trillion isāit's more than the entire economy of Saudi Arabia and half of the economies of the United Kingdom and India. People should understand that instead of expecting a daily bull run in Bitcoin, they should consider investing more in altcoins. $BTC $SOL #btc #BTCā #US_Job_Market_Slowdown #sol #Write2Earn!
Nobodyās talking about this $HIGH coin right now, but it could really boost your portfolio by 2-3 times. High coins tend to be quite volatile. For example, the last peak was $9.70 in June, when its market cap was $640 million. Right now it's trading at $1.25 and its market cap is $85 million, so it's down about 80% from its highest point. When the coin drops to around $1.10 to $1.25 it could be a good time to buy. In the next 2-3 months, it might give you a 200-300% return. If you check its chart, youāll see that it often behaves this way. Whenever it goes below $1.25 big investors start buying, and with a little hype, the price usually goes up $HIGH #high #highusd #Highstreet
$BTC At this moment, #bitcoināļø can move in two directions:
1. It could go down for a retest, and if the selling pressure increases, it might drop to around $48,000.
2. If the price only falls to around $61,600 for retesting and holds, we could witness a significant breakout, potentially driving the price up to $78,000-$85,000.
This prediction is based on thorough market analysis considering trends, news, hype, buying/selling pressure, and factors such as fear and greed. #bitcoin #BTCā #ToTheMoonšāØ
$MAGA could transform your crypto journey with a potential 500-700% profile.
I want to talk about the $MAGA coin, which is based on Donald Trump's slogan "Make America Great Again." Currently, MAGA is trading at $5.63, with a total market cap of approximately $256 million. Last November, MAGA's price was only $0.08, and its market cap was just $4 million. Today, MAGA's price has increased significantly. Its all-time high is $17, which clearly indicates that this rise is due to the hype surrounding Donald Trump and his positive statements about crypto.
However, there is still time before the United States election, and during this period, MAGA's price may drop. Whenever MAGA's price goes below $3.5, you should start buying it. Continue to buy between $3.5 and $2.4, and then wait until the election. By the time of the election, its price will likely cross $20, and its market cap could reach around $1 billion, which is not unusual in the crypto world. We have seen the total market cap of many meme coins exceed $10 billion, and this is Donald Trump's meme coin. A single statement from Trump can make $BTC rise by 20%. BTC, which has a market cap of $1.3 trillion, can increase by 20%, so why can't his meme coin reach a market cap of $1 billion?
We were right about $SOL if youāve taken a position in it, you should close it at $182.80 Follow me for free signals and crypto trading tip. $BTC $SOL #btc #sol #Write2Earn!
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$SOL DEFI TVL exceeds $5billion mark, Solana is repeating history, the current market price of SOL is $184 and it will struggle to cross the price range of $188 - $192, you can open the short sell position in it, between $188 -$192, and take a profit at $182 , $175 , SOLANA will surely cross the mark of $200 but this is not the time. $SOL $BTC #btc #sol #Write2Earn! #solonapumping
šØEMERGENCY UPDATE ABOUT $BTC šØ If you trade with 20x leverage, you risk being liquidated twice a week, Bitcoin is experiencing a major sell-off, as large investors and whales have bought it in the range of $25k-$40k. We may see more significant sell-offs, potentially causing Bitcoin to drop by 5% to 8% According to news reports, the US government has moved $2 billion worth of Bitcoin, contributing to the current selling pressure, You can consider shorting Bitcoin at $68,600 and closing the position between $66,500 and $64,800. Just remember, never use leverage above 5x. $BTC $SOL #btc #sol #Write2Earn!
No matter what kind of position your going to open short/long but just donāt forget to not go more than 5x , The trend is not confirmed yet but it will soon turn into RED, The US election is about 3 months away. BTC can easily go back to 48k between these periods and it can come back to 68k in November. $BTC $SOL #btc #sol #Write2Earn!
Can Meme Coins Turn Your $100 into $10,000? Hereās What You Need to Know
Meme coins have gained immense popularity, often fueled by internet trends and social media hype. While the potential for significant returns is alluring, these coins come with considerable risks. Hereās what you should be aware of:
1) Lack of Intrinsic Value Meme coins often lack fundamental value and practical applications, making them highly speculative and prone to dramatic price swings.
2) Extreme Volatility Prices can fluctuate wildly due to hype and speculative trading, increasing the risk of substantial financial losses.
3) Pump-and-Dump Schemes Meme coins are vulnerable to manipulation, where early investors inflate prices and profit at the expense of latecomers.
4) Limited Technological Advancement Many meme coins contribute little to technological innovation, restricting their long-term growth and utility.
5) Regulatory Risks Increased scrutiny and potential regulatory actions could impact the legality and stability of meme coins.
6) Encouraging Reckless Behavior The allure of quick profits can lead to risky investment decisions, especially among inexperienced investors.
7) Uncertain Sustainability Meme coins often depend on fleeting trends and market sentiment, making their long-term viability questionable.
Yes, meme coins can turn your $100 into $1 million, but they can also cause your $100 to fall to less than 0.1 centā448 times less. Investors should approach meme coins with caution due to their high risks and speculative nature. Consider investing in promising altcoins instead, as they may offer better profitability with less risk. $PEPE $SHIB $DOGE #Write2Earn! #mememcoinseason2024
Here are some facts we need to consider. Bitcoin's current market cap is $1.4 trillion, which is significantly larger than Saudi Arabia's GDP, three times UAE's GDP, and half of the GDPs of the United Kingdom and India. This is a remarkable achievement for an asset like Bitcoin. If its price surpasses $100,000, its market cap would exceed $2 trillion.
Firstly, itās important to note that Bitcoin is not a stable asset. Many countries around the world do not accept it. Bitcoin and other cryptocurrencies are highly volatile; the market can experience significant declines due to a single piece of bad news. At the current price of Bitcoin, if a global conflict or another pandemic situation were to arise, the cryptocurrency market would likely suffer the most. This is because there are no daily-use product companies or bank reserves backing Bitcoin to provide stability.
As crypto traders, our focus should be on making money rather than being passionate about Bitcoin or cryptocurrency. Bitcoin may soon return to around $30,000. If you wish to double your investment, you could consider shorting Bitcoin at $68,400 with 5x leverage and closing it comfortably at $48,000. $BTC $SOL #btc #sol #Write2Earn!
They are saying $BTC is currency of criminals, and trump is keep saying that he will make changes for crypto trades in good way, and traders are suffering between their STATEMENTS. As I remember Bitcoin crashed when the war in Ukraine started. these Democratic Party people are DANGER for the whole Industry. And as the news is coming the compitition between trump and Kamala is 50-50% , as our recent analysis says the bitcoin will continuously fluctuate between $61800 - $69300 , so you can short after $68300 and close the position at $64800 $BTC $SOL #btc #sol #Write2Earn!
ALERT šØ $BTC I hope youāre in profit rn. As I mentioned in my last post BTC would drop about 6-7% from $68,300, and it has started to decline now. Please hold it until it reaches $64,800 and set a stop loss at your entry price. $BTC $SOL #btc #sol #Write2Earn!
$SOL DEFI TVL exceeds $5billion mark, Solana is repeating history, the current market price of SOL is $184 and it will struggle to cross the price range of $188 - $192, you can open the short sell position in it, between $188 -$192, and take a profit at $182 , $175 , SOLANA will surely cross the mark of $200 but this is not the time. $SOL $BTC #btc #sol #Write2Earn! #solonapumping
Alert šØ about $BTC š So now itās finally trump vs Harris ? The question is as a crypto trader what we have to think on this? For the past few months, Trump has talked about crypto and everytime after his Statements the market went up, so the people who are trying to boost the hype by posting every single thing about united elections they should know the elections are held by November and we are in July rn, too much time to happen things, as for now we have analysed the market and BTC is about to go down, the dump we are expecting is max 6-7% from $68300 , you can open a short position between $67500 - $68300 And please do not go more than 10x . $BTC $SOL #btc #sol #Write2Earn!
Alert šØ about $BNX please read this before entering in BNX, The binary X is planning to burn 74% from their ( max supply ) , the coins max supply is 2.1 billion ( 2100000000 ). And the the current circulation supply is 372 million (372269111) right now binary X total market cap is around $3.3 BILLION DOLLARS š which is already too much if you compare with any GAMEFI coins, so what if they burn 74% from the MAX supply after burning the coin the max supply will be, 546 million BNX COINS, So right with 372 million $BNX supply the price is standing at $1.50 , so you really think this gamefi token can fly with the supply of 546 million coins ? Binary x is not doing any such collabs with anyone which can make Hype and take the coin to the MARS , so be aware of entering on this coin specially in the FUTURES trading, I have seen the large scale buying in this coin when last month it was at $0.60 - 0.90 range. this coin can dump anytime by massive sell off and you will be liquidated in hours. So be aware before entering.$BNX #bnx #BNX/USDT #Write2Earn! #btc #sol