It touched $#bitcoin and bounced directly from the support area, but the most important thing now is not to break $54,000 again, otherwise we will see $50,000 easily.
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توصيات بايننس بالعربى
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Bullish
The fear and greed index has reached the stage of extreme fear
🔽Of course, at this stage, all people feel hopeless and that the market will not rise again, and this is what the market maker wants, which is for the largest number of traders to exit before the start of the rising season, so only a few will hold out.
And often, when reaching the stage of extreme fear, the market begins to rebound again.
The fear and greed index has reached the stage of extreme fear
🔽Of course, at this stage, all people feel hopeless and that the market will not rise again, and this is what the market maker wants, which is for the largest number of traders to exit before the start of the rising season, so only a few will hold out.
And often, when reaching the stage of extreme fear, the market begins to rebound again.
The support 26600 has been touched and the price is now trading above
The next support is 26600-26000, which is considered a good area to buy 🟢
Beware of breaking the 26,000 support and closing below it 🔴
The good thing is the decrease in the percentage of Bitcoin acquisition, which we saw impact on currencies (a very slight decline in currencies) to the 50.65% support area, which by breaking it we will see positivity in alternative currencies.$BTC
A question and answer paragraph for several questions that come to your mind frequently and a solution to problems facing you in the market in general, God willing.. (Today’s paragraph: How to divide capital) 1_The best strategy these days due to market volatility is to manage your capital, dividing it like this: 50% speculation and trading, with 50% frozen, no trading. There is a cell for reinforcement or backup support, meaning 2_ How to preserve your profits in the market (and benefit from it in your life)? Convert the profit to BUSD first and foremost and withdraw it from the platform every week, meaning do not touch it or trade in it so that you feel that you are winning in the market because the market is volatile. Withdrawing profits is something you might say. You do not withdraw profits in order to increase your capital, and then you discover that the first month you won a large sum of money and the second month you lost it and you lost some of your capital (BUSD is a dollar like USDT, but in order to differentiate between them and know your profit) 3_ Benefits of dividing capital 1_ For times when you wish to support and you do not have a balance because of your income All from above 2_ Currency support is compensation for a loss so that if you enter a currency at a high price and it falls and enters from below when it rebounds, it will return to your capital and you may be a winner even though the currency has not reached your first entry price (the one from above) 3_ How to divide your capital with recommendations 1_ Entering with recommendations is better Something is 3 to 5 currencies with a lot of input only (do not enter a lot of currencies and disperse your capital because it does not achieve profits, but rather achieves dispersion and you may lose or achieve very small profits) 2_So that you can focus and be able to support and compensate for your loss if you have a loss 4_How do you know how much you gained from your currencies? Try Entering recommendations with numbers without fractions, such as $100, $400, or $150. This is the same way, without fractions, and anything greater than that is considered your profit. 5_ Tips for the capital division problem 1_ Divide the capital into small recommendations (not to be distracted) 2_ Do not invest for a long time after the first double, reserve your profit 3_ Use support. When you are losing a lot in currency and focus on Bitcoin, but it drops by the tail, go support your currencies or you can see, for example, that Bitcoin is at a price of 33k and your currency is at a price of 4.50 and you see it falling, place a buy order in your currency in parts at 4 and 3.5 to catch the tail. You can use the second method. For example, you entered a currency at a price of 0.8. There has been a strong decline in the market. Like before the currency collapsed at 0.5, you enter and support it with the same amount you bought before. For example, you entered with the first entry at $100. I support with $100, and it bounces and rises. I see it if it reaches, for example, 0.7. Here I have two options: 1_ I get out of all my amounts and make a profit. 2_ I get out only the last support amount with a profit, and I freeze it and wait for a second chance. Oh support, my coin goes above my first entry price and I win and that’s it, and the frozen 50% is nothing. You use it only when necessary, when your currency has collapsed significantly. You use it normally. It took a long time for you to write, but I wanted to inform you of some of the secrets of trading and from our long experience in this field. Use this strategy and I give you good news. By God, no matter what happens, you will only be a winner in this field.
$BTC dominance: #Bitcoindominance reached the resistance area at 50.64%, and the market and alternative currencies in general reacted to it.
But currently the price has given an opposite reaction, and this thing most likely means a drop in the percentage down...which means an increase in alternative currencies if the price of#Bitcoinmaintains its value above $27,000.
🔺 After the disappointing performance of ETH funds, the VanEck team used the attack as a smart defense! As they posted on X: “Low size, just like your JPEGs.”
🔺#Binancewill gradually stop borrowing and staking of the BUSD$ stablecoin by October 25, as they plan to stop all offerings of BUSD$ by 2024.
🔺 Hong Kong-based crypto VC has opened a $100 million fund for blockchain startups in Asia.
🔺 Former Blackrock Director Says SEC Will Approval All Bitcoin$BTC Spot ETFs Within 3-6 Months!
🔺 The court in Russia confiscated 2,718 Bitcoins B$BTC TC$BTC ($74,457,707), and issued an arrest warrant against former chief investigator Dmitry Gubin on charges of accepting bribes from individuals linked to various criminal cases.
🔺 Binance has added more coins to its current emerging flags (Monitoring) list. For details:
🔺 Binance announced that it will add some trading pairs to its platform For details:
🔺 The judge rejected the SEC’s appeal of the lawsuit against Ripple XRP, as the ruling was in favor of Ripple last July. This led to a 5% rise for XRP.
🔺 El Salvador launched the first Bitcoin mining pool #BTC, where the energy company Volcano Energy cooperates.
🔺 Solana coin SOL surpassed the rest of the digital currencies as the most popular altcoin this year in terms of financial flows that reached $5 million. _