Reduction of interest rates in many central banks š¤ do you think the fed will do the same? I believe there will be rate cuts and that they will not be maintained. I know it is speculative but I increasingly have that theory.
It is not good for the spot, it could fall more, first resistance in a long time, it could lateralize the price in this price range, it would be good to set up bots.
Clean graphic meme all liquidated hammer candle 4 hours about to close new historical minimum entry for spot if they do futures they can be liquidated and can further drop the price for spot the entry is great
Saudi Arabia Considers Using Bitcoin as Reserve Asset Instead of Gold In an unexpected move, Saudi Arabia is considering using Bitcoin (BTC) as a reserve asset instead of traditional gold. This news has generated significant interest in the financial and cryptocurrency communities.
According to sources close to the Saudi government, the country is exploring the possibility of diversifying its reserve assets and reducing its dependence on gold. Bitcoin, with its growing adoption and valuation, has become an attractive option for institutional investors and governments.
Motivations Behind the Decision Saudi Arabia, with its vast oil resources, has traditionally been a large buyer of gold. However, in recent years, the country has been seeking to diversify its investments and reduce its exposure to the gold market.
Bitcoin, with its decentralized nature and potential to be a digital store of value, has become an attractive option for the Saudi government. Additionally, the growing adoption of Bitcoin by financial institutions and governments worldwide has increased its legitimacy and appeal.
Implications for the Cryptocurrency Market If Saudi Arabia decides to use Bitcoin as a reserve asset, it could have a significant impact on the cryptocurrency market. Demand for Bitcoin could increase, leading to a rise in its value.
Furthermore, this decision could set a precedent for other governments and financial institutions considering investing in cryptocurrencies. This could lead to greater adoption and legitimacy of Bitcoin and other cryptocurrencies.
The news that Saudi Arabia is considering using Bitcoin as a reserve asset is an interesting development that could have significant implications for the cryptocurrency market. If confirmed, this decision could be a major step towards mainstream adoption of Bitcoin and other cryptocurrencies.
I recommend waiting to open longs unless they are close to their lowest points. I don't think it is a good time to open long-term longs until Monday or Sunday. If you see that the chart has settled, you will know whether to make those decisions, but always take precautions.
That hammer candle looks concerning in the crypto world š¬ although sometimes it leaves candles like that before a big rise, it will all depend on the next candle
The zero point in all exchanges is 0.14 but the resistance is between 0.17 and 0.14
The complete chart shows a 500% increase since its start, which was a total of zero. We are at a good entry point considering this data, and it has fallen 90% from its all-time high. If I'm not mistaken, this is very good for a 10x to 20x.
I give away very good entries for all who read it Aevo Ace Not Meme Sys D GHS ivillium Ordi Troy Vite They all touched very important supports on the weekly chart, they touched very close to their historical minimum
It is still on a very good support even though it has already taken off, it is a good opportunity to buy a small amount and gradually increase every 5% drop. I apply the same strategy as bots do; I buy every percentage down from where I bought, only with longer percentages and larger amounts looking to double the investment. If I start with 30 dollars, something I know may be overbought, I place 60 at 15% less. 120 at 30% less. 240 at 50% less, and I continue with the process.
Now when I know it is very close to its last minimum or known high, I significantly increase the risk.
60 dollars and buy every 10% until reaching the last known bottom where it increased X2 the sum of all, this way when it gets close to the bottom or the bottom, I achieve higher profitability, and if it doesn't reach, I can obtain profits every 100% of what I invested.
If you want better results, look for those created between 2018 and 2021 that are still in possible accumulation. Those from last year may also be a good option, but analyze before.
šššššššš out of 64 purchases, only 30 were activated and I canceled 4. We are doing wonderfully buying down in those dips and selling 50 and 100 % up.
Lightning hahaha activate hahahaha there are 66 operations that I have been waiting for almost 2 weeks or more and they just don't activate š and they are the same as the ones I already have activated hahahaha today only 2 were activated š I continue at a 300% profit and partially closed positions always taking profits in this time period
Last great buying opportunity, looking for levels below 0.011 will be very difficult to achieve. If it drops below that level, it would indicate a downward trend. There is only a 14% chance of loss, so if you happen to lose 20%, that would signify a trend change. The volume is increasing; it has had a total volume of 40 times its circulating supply. What do you think its next price will be in this rise?
I asked this information to an AI and also did my own analysis.
The volume of Vite has been intensifying more and more in recent months, a clear intention to take it to a price x20 or x30. This is not investment advice, just analysis, and a clear bullish wedge, and its price has been compressing.
š¤£ why do you invest so much in a trade? Close that, you'll lose everything because you don't know how to manage risk. My best advice I can give you is to better buy spot and study.