$BTC #CryptoMarketMoves #MarketDownturn

UPDATE ON $BTC

The $BTC price chart showcased a significant gain of 3.54% over the past day, settling at $61,005. The 24-hour price fluctuation saw a low of $58,506.25 and a high of $61,572.40.

This notable price pump comes amidst Federal Reserve Bank of Atlanta President Raphael Bostic's recent remarks on the U.S. economy. Bostic hinted at a slowdown in inflation nationwide and potential interest rate cuts on the horizon.

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These statements have seemingly had a positive impact on the broader market, contributing to the recent uptick in Bitcoin's price.

$BTC #crypto $ETH Crypto traders, if you want to stop loosing your fund in this manipulative financial market?
Follow this rules:

1. Buy when it is Red

2. Use BTC as your indicator entering point. Bitcoin controls all the coins movements, when btc pumps, other alts follow.

3. Don’t buy any alts expect btc is down.

4. Avoid all these influencers shielding one coins or the other, they are looking for whom to dump on

5. 80% of your fund should be in top 10 coins in the market

6. Avoid coins with bad tokenomics. They will dump on you.

Patience!

$BTC #bitc

$BTC Investing can be challenging; it requires emotional discipline and thorough market analysis.

Bitcoin is a prime example. It is the largest and most solid cryptocurrency besides Ethereum. However, because Bitcoin is so influential, its movements affect all other cryptocurrencies. You can use it as an indicator of the market’s volatility.

Simple trading indicator: buy any alt of your choice when btc is down, sell when it is red! Follow the trend.

$BTC $Eth #CryptoMarketMoves

$BTC

Btc$BTC traders which one of these traders are you? The major tool to be cashing out in trading is patience!

Btc$BTC Eth$ETH Sol#CryptoMarketMoves

1. Some traders buy at high prices and end up stuck when the market declines. They hold onto their coins, hoping the price will recover, often waiting between 1 to 6 months to reach their original purchase price.

2. Other traders wait for a coin that has recently surged to start declining. They avoid buying during the hype, preferring to wait for a significant drop. Once the price falls, they enter the trade and patiently wait for it to rise again. These traders consistently achieve profits.

3. A third group of traders focuses on diversification, spreading their investments across various coins and markets. This approach helps them manage risk and reduce the impact of any single coin’s decline on their overall portfolio.

4. Lastly, some traders use technical analysis to identify trends and potential entry and exit points. They rely on charts and indicators to make informed decisions, often setting stop-loss orders to minimize losses and lock in profits during volatile market conditions.

#sol #eth #btc
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Btc$BTC There is still a high volume of orders below $49,129, and it’s possible that one of the recently established major support levels at $43,487 will remain strong for the rest of the year.

Given the potential for impulsive movements toward the liquidity zones below the current support level for this month, we will continue to engage in scalp and intraday trades, as well as potential swing trades, to capitalize on this market situation.
Additionally, we acknowledge the possibility that #BTC may not clear the liquidity zones below and could rally from this strong support level.

What is this saying? Follow the market movement. Buy when it is red, sell when you see green.

Btc$BTC

One key lesson I’ve learned is to buy the dips when the market crashes. It’s wise to keep 30% of your funds reserved for times of high volatility.

For me, the simple basic of trading is buy when market is red and sell when it is green and don’t be greedy in taking profit.

Btc$BTC @bitcoinlovers$

#BTC☀

1. 4-Hour Candle Close Below Support: This indicates that short-term momentum may be bearish.
2. Daily Closing Level at $60,200: A daily close above this level might suggest strength and potential for an upward move. If it closes below, it might lead to further declines to $58,200 or $56,200.
3. Weekly Candle Close: Since both daily and weekly candles are closing soon, it’s a critical juncture. The direction of the weekly candle can set the tone for the upcoming days or weeks.
4. Impact on Altcoin Market: Bitcoin’s movement often affects the broader crypto market, including altcoins.

A downward move in Bitcoin might lead to similar trends in altcoins.

In times like these, it’s essential to keep an eye on key support and resistance levels, as well as market sentiment. If you’re trading or investing, make sure to manage your risk appropriately.

Btclovers$BTC

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