It's the best time to re-enter the market and buy ALTS, but don't be overly bullish right now. The market may experience some pullbacks to liquidate long positions before moving upward again. This is just a point to consider, not financial advice.
Today the market is very bloody. Don't be fooled or trapped by big money's sentiment. If you are an investor, then there's no need to worry, but if you are a trader, then do DCA as much as the market goes down. This temporary downfall is an opportunity for us to reenter the market. If you think that a bear market has started, believe that you have been fooled by the sentiment.
As much money is printed, as much liquidity flows into riskier markets, especially the crypto market, and as much liquidity increases, as much the parabolic bull run peaks.
Crypto adoption increases day by day, as some have declared crypto as legal tender, while others have planned to impose taxes on crypto earnings, regardless of their nature. In the meantime, many others seek to regulate this. All this reflects market sentiment, which drives volume into the market. This will make this bull cycle unique because now the pro-crypto world understands that crypto is not a competitor to the USD; it will soon become a competitor to Gold.
BTC might see a downfall of up to between $75k to $80k. Don't let it worry you; it's just natural. The stronger the pullbacks, the stronger the bull run will be.
The GMT DAO Burning Initiative: A Bold Step Toward Growth
#BURNGMT The GMT DAO Burning Initiative: Paving the Path to Sustainable Growth In the fast-paced world of cryptocurrency, innovation isn’t just a luxury—it’s a necessity. GMT DAO’s burning initiative exemplifies this spirit of progress, carving a unique path to sustainable growth and long-term value for its community. This initiative is more than just a strategy; it’s a commitment to a brighter, more balanced future for all who believe in GMT DAO’s vision. What is Token Burning and Why Does it M
How to Draw Support and Resistance Correctly on a Chart
Support and resistance lines are fundamental concepts in crypto trading. Understanding them can help you buy and sell at the right time if you trade.
Both lines, along with their values, interact with each other—support can become resistance, and resistance can become support as prices move up and down. These lines form the foundation of market analysis because they represent supply and demand zones.
Support Line: This is the level that prevents the price from decreasing further.
Resistance Line: This is the level or area that prevents the price from increasing further.
Steps to Draw Support and Resistance Lines:
Identify Support Levels: Look at the chart and mark the areas or levels that have stopped the price from decreasing. There may be multiple levels, but their intensity can vary.
Identify Resistance Levels: Similarly, mark the areas or levels that have stopped the price from increasing. These levels may also vary in strength.
Use Colors for Clarity:
Use green for support levels.
Use red for resistance levels.
Update the colors accordingly when support and resistance levels switch roles.
Draw on Wicks or Shadows: Place your lines on the top of wicks or shadows for precision.
Assess Market Trends: After drawing the lines, analyze whether the market is in a bullish or bearish trend to make informed decisions.
If you want to earn a lot of money in this bull run, you may need to consider AI agent narrative-based low-cap coins. They have the potential to increase your portfolio value unbelievably. The earlier you get into the pools of these coins, the better your chances of significant returns. Here are some examples:
Virtuals Protocol
Available on Bybit exchange.
It could easily reach 5x to 10x.
GAME by Virtual
Available on BingX exchange.
GRT Coin
Available on various exchanges, including Binance.
It's a superb AI project.
$1 is the least target but not the final one.
RLC Coin
Available on various exchanges.
It's a highly volatile AI token.
Consider selling a portion when the price rises and using DCA (Dollar-Cost Averaging) to buy during dips.
NEAR Protocol
Available on various exchanges.
The target range is $12 to $15, but it may surpass its ATH of $20 in this bull cycle.
There is a possibility that other popular US apps like OpenSea, Coinbase, and others may also release their airdrops, especially after President-elect Mr. Trump takes office.
The white paper of any project serves as an introduction, but it does not guarantee how legitimate, community-oriented, or serious the project is.
While it is essential to read the white paper before investing your money and time in any project, do not place blind trust in it alone. Consider other factors carefully before making your decision.
OxVM's fastest modular execution layer on a Bitcoin node can be considered if you have your own Blockchain. You may visit their website, read everything carefully, and understand the details. Then, proceed to the investors' section mentioned there. One important point to note before engaging with the project is that they do not publicize their official bonds with the investors they have listed. This small detail is a potential red flag. Ensure you perform thorough due diligence before proceeding further.
There are two main reasons why the market behaves in a pumping mood.
The first is a decrease in interest rates. When a rate cut occurs, money flows out of banks and rotates towards gold and the stock market. Eventually, some of it moves into crypto, especially Bitcoin.
The second is President-elect Donald Trump's claim to keep Bitcoin as a strategic reserve and make the USA a global hub for crypto.
There are many types of puzzles, such as cultural puzzles, colloquial puzzles, historical puzzles, etc.
After BTC reached $100k, it also became a puzzle, but no one knows what type of puzzle it is. For a long time, people, institutions, and journalists have been exploring by various means to uncover the identity of the father of crypto or the founder of Bitcoin.
Still, no one has proven to be the true founder of Bitcoin, making the question "Who is Satoshi Nakamoto?" a global puzzle.
You may strive to uncover the identity of the father of Bitcoin if you believe you can.
BTC reached $100k, warmly celebrated by the pro-crypto world. It especially surpassed $100k after the appointment of the new SEC Chairperson, Mr. Paul Atkins, by President-elect Donald Trump. The new Chairperson is a well-known pro-crypto personality who, in his capacity, is expected to positively impact the crypto and blockchain industry.