Yarifornia
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Immediate takeoff...
After this great bullish push, many Alts are in the process of taking off. One of them is BNB, which for a long time had a proportional relationship of 1:100 with respect to Bitcoin and is currently lagging far behind.
We know that it is an altcoin with enough utility, apart from the fact that Binance has managed to overcome different adverse situations in recent years.
Can we then expect a possible 50% increase to maintain that 1:100 relationship with BTC again or perhaps even surpass it???
Let's see what this Bullish moment of crypto has in store for us
After this great bullish push, many Alts are in the process of taking off. One of them is BNB, which for a long time had a proportional relationship of 1:100 with respect to Bitcoin and is currently lagging far behind.
We know that it is an altcoin with enough utility, apart from the fact that Binance has managed to overcome different adverse situations in recent years.
Can we then expect a possible 50% increase to maintain that 1:100 relationship with BTC again or perhaps even surpass it???
Let's see what this Bullish moment of crypto has in store for us
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How to be a Dragon Warrior in Cryptocurrency.
After several years of starting this long journey in the crypto world, with more falls than victories, I think I am closer to the best kept secret of this system. Like the secret ingredient or the dragon scroll from the Kung Fu Panda movie, the secret is in ourselves, in choosing a strategy and sticking to it, leaving emotions aside. It is very true that we will always be gamblers before being "Trading" professionals, but with the slogans of "maintaining the strategy" and although it may seem contradictory, we must also keep in mind that "Less is More." Let's put aside the dream of immediate wealth and give enough time to learn day by day and appreciate the small results that will give us incredible results in less time than we think...
After several years of starting this long journey in the crypto world, with more falls than victories, I think I am closer to the best kept secret of this system. Like the secret ingredient or the dragon scroll from the Kung Fu Panda movie, the secret is in ourselves, in choosing a strategy and sticking to it, leaving emotions aside. It is very true that we will always be gamblers before being "Trading" professionals, but with the slogans of "maintaining the strategy" and although it may seem contradictory, we must also keep in mind that "Less is More." Let's put aside the dream of immediate wealth and give enough time to learn day by day and appreciate the small results that will give us incredible results in less time than we think...
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#PiNetwork What awaits us
There is a lot of expectation in the countdown of the PiNetwork network and its possible price. It is very important to understand that the price of a cryptocurrency will always be related to its maximum supply and distribution. It is easy to dream of a currency "to the moon" however, the weight of its supply and how it is distributed can prevent or encourage takeoff....
There is a lot of expectation in the countdown of the PiNetwork network and its possible price. It is very important to understand that the price of a cryptocurrency will always be related to its maximum supply and distribution. It is easy to dream of a currency "to the moon" however, the weight of its supply and how it is distributed can prevent or encourage takeoff....
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Whale Season
The current decline in Bitcoin is not a surprise to many, but it can undoubtedly cause fear for the most novices. The early arrival of #halvingbitcoin and the atypicality of breaking ATH previously is just a pressure factor to boost the price. However, the decline may respond to: "short" positions of Ballenas to obtain profits and buy cheaper, nervous sales of newbies who enter ETFs and of course, it is a correction that balances the upward path that may be presented due to the decrease in the supply of the new $BTC . The whales are definitely more active than ever. Negative opinions of Bitcoin by experts have decreased significantly, and the new condition of institutions currently present almost eliminates the concept of "bubble."
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Break or rebound???
Without a doubt, the fall of#Bicoingenerates mixed feelings, it is time to "zoom out" as always and accept the necessary corrections of a bull market. First you have to keep in mind that in the market there are people with short-term concerns, they eventually take profits and that generates sales that lower the price. The futures market is also an important part of price formation and since there is the possibility of winning with a falling price, there are many who speculate with these short positions. However. When doing a broad analysis, we must take into account that there are only a few weeks left until the#halvingthat reduces by half the reward that miners obtain and that they are#btcthat are mostly placed on the market, this added to the fact that we have only seen for a short time on the market so there is potential demand that should continue to drive the price. In a technical analysis, the price still remains in the bullish channels.
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Tic Tac to $BNB
The current bull market has lagged #Binance's star coin. Although it maintained a 1 to 100 relationship with BTC for a long time, after the actions of the#SECand the US government against Binance, it left the price well below what was expected for this cycle. $BNB it is a token with utility, it is deflationary and offers rewards for what it looks like, otherwise attractive to many investors.As long as the current trend continues, we can see that 1 to 100 ratio equaled and surpassed in the short term. Despite the setbacks and obstacles, Binance remains the first platform globally.
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Matter of time
BNB looks like it has great potential in this bull market. The 1:100 relationship that it maintained for a long time with bitcoin in the past Bullrun, added to its utility characteristics, token burning and the different actions taken by Binance to operate in the US market, promises to considerably push the value of BNB short or medium term as long as the market maintains the current trend.
You have to keep your eyes on BNB...
$BNB $BTC #Write2Earn.
BNB looks like it has great potential in this bull market. The 1:100 relationship that it maintained for a long time with bitcoin in the past Bullrun, added to its utility characteristics, token burning and the different actions taken by Binance to operate in the US market, promises to considerably push the value of BNB short or medium term as long as the market maintains the current trend.
You have to keep your eyes on BNB...
$BNB $BTC #Write2Earn.
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$BTC $BNB $ETH Perfect Storm
Taking into account the days left until #Halving2024 and the growth of #ETF , we have conditions of high momentum for the BTC price. Let's imagine how many people had the concern of buying BTC a couple of years ago and they were limited because it was a poorly regulated market and today it is achieved with ETFs backed by large investors. Let's add the halving of new BTC obtained by miners. Demand increasing supply decreasing it is easy to predict where the price will go. Will big investors let the bubble burst in their hands? Maybe yes, but the time is not near.
#hold #earn #Write2Earn
Taking into account the days left until #Halving2024 and the growth of #ETF , we have conditions of high momentum for the BTC price. Let's imagine how many people had the concern of buying BTC a couple of years ago and they were limited because it was a poorly regulated market and today it is achieved with ETFs backed by large investors. Let's add the halving of new BTC obtained by miners. Demand increasing supply decreasing it is easy to predict where the price will go. Will big investors let the bubble burst in their hands? Maybe yes, but the time is not near.
#hold #earn #Write2Earn
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GARY'S WARNINGS...
The public statements of the head of the#SECat the time of approval of the#BitcoinETF are very striking. What information does Gary use to issue a warning against the greatest technological advance in finance? Is there a plan by big capital to sink BTC and displace the crypto market? It is very naive to think that big capital is going to stop dictating the rules in a world that belongs to them and leave it to a decentralized economy. But it must be kept in mind that the supply of BTC is very different from the distribution of Fiat money. Gary Gensler initially wanted to work for Binance, so it should be understood that he is a follower of cryptocurrencies. Perhaps that warning against BTC was a sign of what he knows about big capital movements. Sooner rather than later we will understand these messages.
The public statements of the head of the#SECat the time of approval of the#BitcoinETF are very striking. What information does Gary use to issue a warning against the greatest technological advance in finance? Is there a plan by big capital to sink BTC and displace the crypto market? It is very naive to think that big capital is going to stop dictating the rules in a world that belongs to them and leave it to a decentralized economy. But it must be kept in mind that the supply of BTC is very different from the distribution of Fiat money. Gary Gensler initially wanted to work for Binance, so it should be understood that he is a follower of cryptocurrencies. Perhaps that warning against BTC was a sign of what he knows about big capital movements. Sooner rather than later we will understand these messages.
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Where is Bitcoin going???
In reality, deciphering the next moves is a task that goes far beyond technical analysis. The recent drop was necessary in a correction after the euphoria of ETF approval in the US. While the importance of the American market is true, it is also very true that BTC has developed globally despite the limitations that exist in the US. So where is the price going? The participation of large capitals will have a positive influence on the price. We must always keep in mind the limited supply, the decentralized nature and the exponential access to the Internet and with it the popularization of electronic payments. These are important factors for the crypto market.
We must be attentive to the manipulation of large capitals, added to the high participation of beginners in the market, they are the ideal environment for high volatility. So patience, #diamondhands and peace of mind...
In reality, deciphering the next moves is a task that goes far beyond technical analysis. The recent drop was necessary in a correction after the euphoria of ETF approval in the US. While the importance of the American market is true, it is also very true that BTC has developed globally despite the limitations that exist in the US. So where is the price going? The participation of large capitals will have a positive influence on the price. We must always keep in mind the limited supply, the decentralized nature and the exponential access to the Internet and with it the popularization of electronic payments. These are important factors for the crypto market.
We must be attentive to the manipulation of large capitals, added to the high participation of beginners in the market, they are the ideal environment for high volatility. So patience, #diamondhands and peace of mind...
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The complex visible situation of#Binanceand its CEO#CZis only the continuity of a systematic US plan against cryptocurrencies and their impact on the dominance of the dollar. The attacks against Binance are intensifying in accordance with the imminent approval of #ETFs , which would greatly promote the adoption and incorporation of large capital into the system and therefore, increase the economic power of the first#Exchangeon a global level. CZ's willingness to collaborate with the authorities demonstrates, in addition to his integrity (he who does not owe it, does not fear it), his maximum interest in defending and keeping the entire process clear.
It is important to know that at this moment predicting a bear market is simply giving the big guys an advantage by taking the bulls by the horns at the beginning of the #bullmarket
It is important to know that at this moment predicting a bear market is simply giving the big guys an advantage by taking the bulls by the horns at the beginning of the #bullmarket