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币圈king神
@Square-Creator-4d8131968
全网同名“币圈King神”
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Bitcoin suddenly surged today. Will a violent bull market begin?
Let’s talk about the answer first: the possibility is very high. There are seven reasons that can be confirmed:
1. The United States is launching its own cryptocurrency exchange. A group of the largest U.S. investment firms including Citadel, Charles Schwab and Fidelity Digital Assets will launch a bitcoin exchange this week. The purpose of opening an exchange is to make money. How can you make money when the market is not good?
2. The Fed’s interest rate hikes are coming to an end. They will definitely stop raising interest rates or even cut interest rates this year, which is a great benefit to the market!
3. Bitcoin will usher in the next halving in early 2024. This is the ultimate good news.
1. The United States is launching its own cryptocurrency exchange. A group of the largest U.S. investment firms including Citadel, Charles Schwab and Fidelity Digital Assets will launch a bitcoin exchange this week. The purpose of opening an exchange is to make money. How can you make money when the market is not good?
2. The Fed’s interest rate hikes are coming to an end. They will definitely stop raising interest rates or even cut interest rates this year, which is a great benefit to the market!
3. Bitcoin will usher in the next halving in early 2024. This is the ultimate good news.
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The spot ETF application submitted by BlackRock provides imagination to the subsequent market. Many friends don’t know the significance of spot ETF approval.
Let’s put it this way, the U.S. SEC has not approved any big-ticket spot ETFs so far. Once approved, the ETFs will be listed on Nasdaq, which means trillions of U.S. stock funds will flow in.
Looking back at the last round of bull market, Grayscale Buy Buy Buy gave birth to the bull market. Will the catalyst for this bull market be BlackRock Bitcoin Spot ETH Buy Buy Buy?
Let’s put it this way, the U.S. SEC has not approved any big-ticket spot ETFs so far. Once approved, the ETFs will be listed on Nasdaq, which means trillions of U.S. stock funds will flow in.
Looking back at the last round of bull market, Grayscale Buy Buy Buy gave birth to the bull market. Will the catalyst for this bull market be BlackRock Bitcoin Spot ETH Buy Buy Buy?
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Wall Street giant JPMorgan predicts that Bitcoin mining after the halving could be as high as $40,000. However, as funds have begun to be submitted before the release of Bitcoin mining, the computing power has begun to increase. After the halving occurs in 2024, the mining rate of BTC will increase significantly and will exceed $40,000.
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The current trend of the market, in terms of K-line shape, is considered a breakthrough trend. If it can stabilize above 27,000 today, there may be a good rise in the future. Therefore, if you opened a short position at 26800 a few days ago, you can choose to close it near the original price and wait for the opportunity. However, the performance of small coins has been very poor recently. Still need to wait and see here. What do you think? Tell me.
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There are several ways to buy coins:
1: News surface
2: Technical aspect
3: Fundamentals
4: Buy it blindly
What method do you usually use?
1: News surface
2: Technical aspect
3: Fundamentals
4: Buy it blindly
What method do you usually use?
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🚨 $ACT /USDT Potential Breakout Alert! Stay Tuned! 🚨
Currently trading at 0.7489 on the 1D timeframe, $ACT /USDT is showing strong bullish momentum with a notable rise.
The next resistance level to watch is at 0.8500; if the price manages to break through this, further gains are likely. Support is marked around 0.6500, a crucial level that needs to hold to maintain the upward trend.
For this trade setup, consider an entry around 0.7500 if bullish momentum remains steady. Target levels for taking profit are set at 0.8000 for a quick gain, 0.8500 as it approaches key resistance, and 0.9000 if the rally extends further.
To manage risk, place a stop-loss at 0.6200, just below the support. Keep a close watch on price action around each target and adjust the stop-loss accordingly to lock in profits as the price climbs.
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