During these days we see that the strength with which Bitcoin was rising has weakened, and this is completely normal in a bullish cycle.
We are facing the barrier of 100 where it seems that Bitcoin needs a good push to achieve its feat and rise triumphantly.
In my opinion, which is not investment advice, Americans want to have a liquidation Friday, a discount Friday where the price is low to make it attractive to buy and with that strength finally break upward š¹ and reach 105 K
Why did the market drop? Currently, the market is making aggressive ranges to liquidate the over-leveraged.
Think about leveraging little and placing a stop loss. My opinion is that the market š will gradually recover to do the same tomorrow, but on Thursday it will drop because, well, Americans are very dramatic and Black Friday is coming... That's why prices will go down, but that's my opinion, I disclaim that this is not financial advice.
Currencies today hang by a thread, the sales and purchase volumes are very small and the possible rush to fall is increasingly present.
Movements are observed among the Bitcoin alcoin whales, this weekend is a weekend with a lot of compression in the movements which could make a large red candle for the beginning of Monday, or a green candle up to 75 K but of That being the case, which is very unlikely in my opinion, the price will then fall sharply again to the area of āā62, 64, or even go down a little more, 59K, and it will be moving like this for at least a month.
Then prices will rise, so my recommendation if you are new is, take your precautions, because you will not want to be left in a downturn with your money tied up, and operate safely.
We're in this really uncomfortable zone where anything can happen. None of my technical analysis works at the moment. The halving is in approximately 10 hours. and there are 3 main possible scenarios in my opinion: 1. BTC drops to 58k and possibly 55k, liquidating all longs ($3 billion). Then it pumps to 70k and up. Alcoins hit bottom and recover quickly (unlikely 2. BTC rises to 72k and then falls to 66k. From there it plateaus, builds support and gradually pumps. (THE MOST IDEAL) but really unlikely
That's right, it is a token belonging to the Solana universe so it is going to be very interesting because it will give strength to the Solana currency
It is a token that works with NFTs so grab your belts and let's hope for something very striking for this day
For years we have seen the price of Bitcoin fall by half, even up to an incredible 70% but... Is this normal? Of course it is normal and in a few days it will be fixed. However, some Ćsto Alt Coins are never recovered and I refer to history when many of these have literally disappeared after a bearish day. My advice is to guard positions very closely when there are drastic decreases and take short-term measures or go watch that series and not keep an eye on the market š¹ while it does not stabilize.
is #PDA WHAT is happening with this Cryptocurrency?
ā¼ļølast minute!!!!
Upbit, the largest cryptocurrency exchange in South Korea, made an announcement regarding the delisting of the altcoin PlayDapp ($PDA ).
Trading support for PDA will end at 14:00 (KST) on March 25, 2024. The decision was made in accordance with the Digital Asset Exchange Association (DAXA) guidelines to protect investors.
The announcement caused a drop in the price of PDA following news of the delisting.
HOW MUCH more should I lower????
It is necessary for the currency to recover a little value, because many will see this fall as an opportunity.
The problem is that it is a deceptive rise and will soon be corrected, so it is recommended that short investments be made.
Remember that heritage comes first.
Remember that this Cryptocurrency comes from many security problems in the past, and until Play Dapp ensures an improvement in its system and I manage to make investing in the company more attractive, my recommendation would be to invest little...
While in the world of cryptocurrencies we have tokens that have left many without their investments.
Strk simply in a matter of seconds came to knock down the portfolios of many investors.
And things seem to be going from bad to worse, because it is said that "the creators continue to sell the tokens."
BUT, do not believe everything that is said, in the past there have been coins with similar behaviors.
And although many think that the currency will fall to 0, it is important to note that the trend of cryptocurrencies that are starting off on the wrong foot is to rise after a few days.
Let's also remember that the moment in which it enters is a difficult moment to compete with other cryptocurrencies and the company did a lot of air dropping, what happened is that the first thing many did was sell, so a fall was already expected, and at the same time Therefore, Bitcoin and other cryptocurrencies were or continue to try to rise due to excess liquidity.
The market tension and the dumping of many of these Stark tokens before caused the Cryptocurrency to suffer considerable damage.
I believe that this coin will be the nail in the shoe of many people until the bull market helps it recover its numbers a little, and many people are at this point...
I sell and accept the losses and new what I have... because it is better to have 100 dollars than nothing
Or I wait and recover a little more.
What are you doing ? Tell us your strategy regarding the currency š± if you have already sold, or are you going to wait?
Disclaimer, this is not professional investment advice
Binance has set up a contest to issue prizes šš to the highest-ranked participants.
This happens in the midst of a strong migration movement of its whales š and also at the moment when the Sun falls rapidly, for the moment relying on the support of 110.
But could this be a strategy to disguise the latest discoveries about SOLANA's insecurity?
All in the midst of great events for the cryptocurrency that has already placed itself above BNB.
Will we see bullish movements very soon? Or investors will panic if the Cryptocurrency suffers an attack like what happened with Play Dapp, where practically in a matter of two and a half weeks, they had to remove it from Binance!!!
Today PLA still circulates giving us a reminder that no matter how secure a structure may seem, it can always be a target for crypto hackers.
My opinion is that SOLANA will play with the market a little, and then when the trading event is over, we will see a SOLANA solid and heading to stardom.
Those are my wishes, do not see it as financial advice.
Chasing the Hacker Who Cloned His Token... In the fast-paced world of decentralized finance (DeFi), security is paramount. Plat Dapp, an innovative platform, is on a tireless mission to catch a skilled hacker who has managed to steal funds by cloning its token. This episode not only tests the resilience of Plat Dapp, but also highlights the importance of security in the DeFi ecosystem. Context of Plat Dapp: Plat Dapp has earned a solid reputation as a leading DeFi platform offering decentralized financial services to its users. Its native token has been praised for its security and reliability, which has attracted a growing community of investors and users. The Hacker Assault: However, the stability of Plat Dapp was threatened when a clever hacker managed to clone its token, opening the door to a series of fraudulent events that resulted in the significant loss of funds. And the trading attempts failed... This incident sent shockwaves through the DeFi community and highlighted the urgent need for additional security measures.Plat Dapp's Response:Instead of giving in to adversity, Plat Dapp has responded decisively. They implemented enhanced security measures, including poaching, constant network monitoring, and collaborations with cybersecurity experts. Additionally, the platform has begun a relentless search to identify and capture the hacker responsible. Community Collaboration: Plat Dapp recognizes the importance of community collaboration in the fight against cybercrime. They have announced that if the negotiation fails, they would ask for the support of the community and would give a reward for those who provide valuable information that leads to the capture of the hacker. Possibly within a short time they will make it official. Their initiatives have strengthened the bond between the platform and its community, creating a united front against external threats. They have also asked not to use their token for any movement until the issue is resolved... The Importance of Security in DeFi: This incident highlights the critical need to maintain strong security in the DeFi space. User trust in DeFi platforms depends on the integrity and security of their digital assets. Plat Dapp, despite the challenges, is proving that security is not just a priority, but a constant and evolving mission.:Plat Dapp's pursuit of the cloning hacker reflects the platform's determination to safeguard its users' assets and preserve the integrity of the DeFi ecosystem. This episode also serves as a wake-up call for the DeFi industry as a whole, urging it to take proactive measures to ensure the security and trust of market participants.#PLA #Write2Earn
š The expectation of a rebound in $PLA is getting closer. ššš
Hacking is very common, "Since 2011, there have been 718 cases of cryptocurrency thefts around the world, and 70% of them have occurred in the last three years. Statistics show that in 2021 there were 136 cryptocurrency thefts , 2.5 times more than the previous year." (Computin BPS)
On May 8, 2019, the largest Cryptocurrency platform, our beloved Binance, was also a victim of attacks.
In the case of Play Dapp they are taking concrete actions which means a serious commitment to all investors.
These days the currency is going to skyrocket possibly due to an agreement between parties
Probably a member of the initial developers left the group badly and wanted to draw the attention of the other members, or it really was a hack, the latter is practically impossible, due to the same difficulty that any developer knows when trying to do this.
In any case, Play Dapp is going to take a huge leap as soon as possible by solving this and giving peace of mind to all its investors.
Disclaimer, this is not investment advice, nor is it an advertisement sponsored by the brand, it is a personal opinion that I support with past events and I believe that everything will go well with a little patience.
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