Expect the best, but prepare for worse scenarios.

Bitcoin peaks, altcoin plunges! Bitcoin continues to break records, but it also absorbs market share and capital flows. This causes most altcoins to remain stagnant or adjust in price. BTC Dominance has also risen to nearly 58%.

Michael Saylor remains bullish and buys more Bitcoin worth 1.5 billion USD. The market often corrects whenever Saylor purchases more, but it also spikes strongly afterward.

The positive point for altcoins is that ETH has surpassed the 4k1 mark. This is the highest level ETH has reached since December 2021 and is only about 18% away from the old peak. This could be a driving force attracting investment into ETH and leading the altcoin wave in the coming months.

Expect the best, but prepare for worse scenarios. If Bitcoin decreases in price while BTC Dominance remains high, it could be quite dangerous for altcoins. Have suitable contingency plans that align with your personal strategy.

In the event that BTC Dominance drops sharply, then altcoins simply go "TO THE MOON".

#Write2Win #Binance $BTC $VANA $USUAL

Get ready for a big shake-up this week! Could it be a positive upheaval?

Bitcoin is leading the charge and pulling Altcoins up at the start of the week due to several factors:
- High likelihood that the FED will continue to cut interest rates by 0.25%
- Expectations that Trump will release Bitcoin reserves after taking office
- Michael Saylor may be looking to purchase a large amount of Bitcoin

The most important of these is the FED's decision on interest rates on December 18, 2024. According to CME Group, over 97% of investors expect the FED to continue cutting interest rates by another 0.25%.
Another prediction platform, Polymarket, also shows that more than 96% have bet that the FED will continue to cut interest rates by another 0.25%. A welcoming sentiment for good news has emerged since the beginning of the week and has pushed the market to rise slightly.

This is a good thing, but one should not underestimate the "Sell-The-News" phenomenon. Once the interest rate cut news is confirmed, some traders will decide to take profits.

For now, it may be bullish for the crypto market, but be cautious on the day the FED makes its official decision!

#Write2Win #Binance $BTC $COW $CETUS

The FOMO into Bitcoin is happening at a national level!

- U.S. politicians want to propose the establishment of a Bitcoin reserve fund.
- Russian politicians want to propose the establishment of a Bitcoin reserve fund.
- Japanese politicians want to propose the establishment of a Bitcoin reserve fund.
- China is concerned about the U.S. establishing a Bitcoin reserve fund.

Investment funds and financial institutions are looking to own as much Bitcoin as possible before the governments of the major powers take this action!

#Write2Win #Binance $BTC $UTK $VIB

Don't panic in the face of the crypto market's fluctuations! There are people continuously buying while you are selling off.

In the early days of the week, the liquidation value of trading positions in the crypto market was over 2 billion USD. This is a huge number compared to figures from many months ago.

Fear and panic have emerged in the community, causing them to sell off Bitcoin and Altcoins. But you should know that there are still many bullish signals occurring in recent days:

- Hundreds of millions of USD continue to flow into BTC and ETH through Spot ETFs
- Blackrock advises investors to allocate 2% of their investment capital into Bitcoin (ETF)

- Donald Trump responded in an interview: "I will do something great with crypto"
- Tether continues to mint billions of USDT

Cz once said: "If you can't hold, you won't be rich". And that statement is completely reasonable at the present time.

#Write2Win #Binance $BTC $AVA $VELODROME

The market may have finished its correction! Are you ready for BULLCEMBER?

In previous articles, we mentioned that the market often has strong corrections in the first or second week of the month, lasting from July until now, and it seems to still hold true this month, as most altcoins have dropped by 20-30%.

So, has the correction process been completed? In our opinion, the market correction is over and we can look forward to a growth phase starting today. Here are a few reasons:

1/ Bitcoin and altcoins have both risen sharply in a short time, so a significant correction will balance many factors such as market sentiment or cash flow. A 30% correction in altcoins is an average in the 2021 Bull Market, so applying this level at the current stage is appropriate.

2/ Exchanges have liquidated a large number of Long Positions, which has caused significant losses for traders who opened Long Positions, but it is beneficial for exchanges as they collect money from liquidations, reducing pressure on the exchange and they are also ready to push altcoin prices up after liquidating most traders.

3/ Three consecutive days have seen Long Wick Candlesticks. Experienced investors believe that Whales and Funds bought during the panic phase, somewhat manipulating prices causing a deep drop but still showing buying pressure. This makes investors fearful and sell off, while Market Makers continuously buy, leading to long-legged daily candles (Long Wick).

Yesterday, we wrote that it was a suitable time to buy altcoins. If you haven't bought altcoins yet, then today is not a bad time!

Is this the time to buy Altcoin? Don't be afraid!

Bitcoin is under selling pressure, causing the price to drop below the 100k mark and has twice fallen to the 94k range. The percentage of correction is not large, but altcoins have dropped by more than 30% in just the past 3 days. This could be an opportunity to buy altcoins at a good price before the market returns to an upward trend. Here are a few reasons:

1/ Spot ETF funds are continuously buying Bitcoin, led by Blackrock IBIT. When the world's largest asset management fund is consistently accumulating Bitcoin while the market is fearful, you should stay away from the crowd mentality and observe the actions of market operators.

2/ Buying Altcoin here, you will stay away from the FOMO of the past few weeks and your altcoin holding position is also much safer than many investors. A 30% correction is also the average of the Bull Market 2021, so you don't need to be too worried. Of course, you should not go ALL-IN. Keep USD reserves in case of further price corrections.

3/ Stay away from excessive leverage. Altcoin prices are moving sideways near the bottom, however there has not been a short-term price increase confirmation yet. Therefore, this time is more suitable for you to accumulate spot altcoins rather than trading with large leverage.

#Write2Win #Binance $BTC $ME $USUAL

Google's new product causes a sharp decline in the Crypto market?!?

Google has launched a new product called Willow, which is a quantum chip that can help Google's quantum computers complete a difficult task in just a few minutes, while a supercomputer would take thousands of years to accomplish the same!

With unbelievable speed, quantum computers pose a significant threat to Bitcoin. Currently, Google's quantum computer has about 100 Qubics. To break the Bitcoin network, it would require between 13 million and 1.9 billion Qubics. Therefore, in the future, if Google continues to develop more advanced quantum chips, the Bitcoin network could be at risk.

Ethereum is preparing to confront this. In the upcoming Pectra upgrade scheduled for 2025, Ethereum will feature quantum computer resistance. Let's wait and see how Vitalik's updates will protect the network!

GM Bitcoin 100k, Ethereum 4k

Both leaders of the crypto market, BTC and ETH, have maintained important price levels, with BTC Dominance still close to the bottom at 55%. Meanwhile, the prices of many altcoins show signs of slight stagnation after a rapid increase over the past few days.

The Memecoin group received significant capital inflow yesterday and saw good price increases, including PNUT, WIF, TURBO, PEPE, DOGE, SHIB,...

Overall, with BTC Dominance still at a low level, altcoins remain quite safe. Enjoy your weekend!

#Write2Win #Binance $BTC $DOGE $PNUT

The crypto market is truly crazy, but you can lose money while everyone else is making money.

1/ Sometimes, you hold a token for too long but it doesn't increase in price. You feel FOMO when others' tokens rise sharply. You sell your token and buy another token hoping for a stronger price increase. But then the price of the new token you bought drops significantly.

2/ You feel greedier when others boast about their larger profits through Futures. You are not a skilled trader but still take risks with Futures. Then you easily get liquidated without fully understanding how Futures Contracts work.

3/ You buy tokens on DEX that are not available on Binance. You encounter rug-pulled tokens or get your web3 wallet hacked.

Be cautious and choose a suitable investment method to bring profits to yourself in the Bull Market!

Bitcoin always adjusts in the first week of each month, and this is repeating.

From July 2024 until now, in the first 1-2 weeks of each month, price adjustments of Bitcoin have been consistently recorded. This may raise concerns for many investors, but in reality, it's not that bad.

1/ After each adjustment, Bitcoin and altcoins tend to recover well.

2/ The adjustment yesterday may have completed the adjustment phase for December. Altcoins have hardly decreased significantly and are even increasing in price faster.

#Write2Win #Binance $BTC $FTT $USUAL

Bitcoin 100k and this is not the end!

December 5, 2024 marked one of the most important turning points in the history of the Crypto market, when Bitcoin conquered the milestone of 100,000 USD, something that many people probably did not dare to think about.

A series of important news related to Bitcoin. First of all, the new US President Donald Trump decided to appoint Paul Atkins as the chairman of the SEC. Paul Atkins is famous for his friendly stance towards the crypto market and is a leader who has proven his strength with reasonable regulations.

In addition, FED Chairman Jerome Powell also mentioned BTC and said that Bitcoin is like digital gold and is a competitor of Gold, not the USD.

At the Russia Calling investment forum, Russian President Vladimir Putin said: "Who can ban Bitcoin? No one. This is a new technology and it will continue to develop regardless of anything!"

With strong support from politicians and leaders in the world's financial sector, Bitcoin price has made history and may increase even more in the coming months, as the demand for holding Bitcoin is increasing.

#Write2Win #Binance $BTC $PNUT $FTT

Is yesterday's Bitcoin price adjustment extremely good for the market?

The information about the chaotic political situation in South Korea caused the Bitcoin price in this country to drop sharply, impacting the global Bitcoin price. However, the adjustment did not last long, and the Bitcoin price showed a strong recovery.

According to our experience, such quick and short-term adjustments bring many benefits to the crypto market in the medium and long term:

1/ Individual investors will fear FUD and panic sell their altcoins thinking that the price will drop even further. Meanwhile, Whales and Market Makers will take advantage of this to buy, creating strong buying pressure and large volume, reflected through long-tailed candles.

2/ Short-term adjustments liquidate a large number of Long positions on exchanges, reducing pressure on the market. For example, in the past 24 hours, the liquidation on exchanges amounted to over 625 million USD, mostly Long Positions.

That is why we always advise you to hold your Spot positions tightly and limit the use of excessive leverage in Futures Contract trading.

#Write2Win #Binance $BTC $XVG $RSR

Will the price of Bitcoin not stop at $100k and continue to rise even higher due to dwindling supply?

In an interview with CNBC, Tom Lee (Founder of market research company Fundstrat Global Advisors) stated that the supply of Bitcoin in the OTC market is continuously decreasing while the demand is extremely strong.

Moreover, the supply of Bitcoin on exchanges has also been continuously decreasing since the beginning of the year. Both of these factors indicate that the demand for purchasing Bitcoin is extremely high, while the supply cannot meet it.

A simple economic formula that you can find in economics textbooks:
Decreasing supply + Increasing demand = Price increase

This is exactly what will happen in the near future.

#Write2Win #Binance $BTC $XRP $HBAR

Is the old formula repeating in the current Bull Market?

It can be said that we are at the beginning stage of a Bull Market when many indicators and token prices are breaking through important resistance levels. The price of Bitcoin has been holding steady and BTC Dom has declined in recent days, providing a basis for further bullishness in the near future.

Last season, we were very familiar with the money flow formula: Bitcoin => Large Caps => Mid Caps => Low Caps => Fiat. Many people believe that this rule no longer holds true as the market changes rapidly as it is now.

However, it is still extremely effective at certain times, especially during the beginning phase of a Bull Run like now. Fiat continues to flow into Bitcoin. When Bitcoin stabilizes, large market cap Coins/Tokens are increasing in price, including XRP, XLM, ALGO, VET, HBAR, EOS,...

Therefore, we can expect that the above formula is suitable for the current situation and capital will soon flow into Mid Cap Altcoins in the near future, pushing prices up many times more!

#Write2Win #Binance $EOS $XRP $ALGO

Only 8% more to Altcoin Season?

The altcoin season index chart shows that 67% of altcoins in the top 50 have outperformed Bitcoin in terms of performance in the past few days and only 8% more to confirm that we are in a real Altcoin Season.

On a day when Bitcoin had a fairly narrow range, many altcoins grew strongly:

- The AI ​​token group brought joy to holders when WLD, FET, ARKM, MASA all increased in price well.

- ETH's price increase also dragged many L2 tokens to create an increasing structure on the chart such as ZK, MANTA, CYBER, STRK,...

- BTC Dom has not changed much compared to yesterday and may continue to decrease in the coming days, supporting the increase in altcoin prices.

#Write2Win #Binance $BTC $WLD $ALGO

This is the formula to start ALTCOIN SEASON and it has appeared today?

Bitcoin has made an impressive recovery to 96k and this has created excitement in the market. Additionally, a formula supporting Altcoin Season has emerged:

Bitcoin Price increase + BTC Dom reduce = Altcoin Price increase more

Many Bitcoin holders have taken profits from Bitcoin and shifted their capital to altcoins in search of higher profit opportunities. That is the exact reason why altcoins are not experiencing deep corrections but are instead rising very quickly as Bitcoin's price recovers.

This is a very good signal and Altcoin Season may start soon, as BTC Dom has decreased to the long-term growth trendline, which means Bitcoin will give up more market share to altcoins.

#Write2Win #Binance $THE $ENS $USUAL

Could Altcoin Season be about to start?

Bitcoin fell 5% last night, but altcoins adjusted very lightly and seem to recover immediately with a few long wick candles on the small time frame.

The Altcoin Season chart has risen sharply to 51, meaning it is progressing quickly towards the confirmed altcoin season mark of 75. Many other indicators are also supporting this, such as:
- BTC.D decreased to 58.5%
- TOTAL3 (altcoin market cap) continues to rise this morning

The fact that altcoins are holding their value very well, even reversing Bitcoin's correction, may come from Bitcoin holders taking profits from Bitcoin and using the capital to invest heavily in altcoins.

This is a very positive sign for capital flowing into altcoins, while capital from Spot Bitcoin ETF flows into Bitcoin to maintain price growth.

#Binance #Write2Win #Altseason $BTC $COS $ENS

Is this the last chance to buy altcoins?

After many days of rapid price increases, Bitcoin price gradually cooled down and adjusted slightly. This shows that the selling pressure is relatively large before the 100k mark because many holders are concerned about Sell-The-News at such an important price level.

Altcoins also adjusted slightly following BTC, but with the strong price increase over the weekend, most altcoin holders still made a profit if they bought at a good price. Therefore, the market sentiment is still positive and there is good buying pressure when the price adjusts.

The buying pressure comes from those who still hold a lot of stablecoins or gradually sell Bitcoin to switch to altcoins. Therefore, the price may not adjust too deeply this time.

If you are holding a lot of stablecoins, this may be the right time to gradually accumulate your favorite altcoins. Bitcoin Dominance has dropped below 60% and may form a downtrend since this week, creating conditions for altcoins to quickly increase in price.

#Write2Win #Binance $BTC $SAND $MANA

Let's Make Tech Coins Great Again!

Although it has not conquered the 100k mark, $BTC still has good buying power and fluctuated slightly yesterday. Money flow is starting to shift to altcoins as BTC Dominance drops to 59.5%, down 2% from the peak of 61.5%.

Memecoins are also cooling down, making way for Tech Coins to grow very well. Top Altcoins from the previous season like ADA, AVAX, ALGO, HBAR,... are among the top gainers.

The price increase of ETH also brings momentum to drive the prices of L2s like ZK, ARB, STRK, CYBER,... with OP leading this group. Enthusiasm is returning to retail investors, as most of them hold many altcoins in their portfolio.

When BTC hits 100k, it is possible that sell the news orders may appear. Do not over-leverage at this stage!

#Bullish #Binance $XLM $ADA

Will the Altcoin Season officially begin when $SOL has established ATH?

Solana officially reached an all-time high of $264 right at the moment Bitcoin surpassed $99,000. This is a very positive sign for altcoins, in the context of the past few weeks where only Bitcoin and memecoins attracted the capital flow of investors.

The reasons behind the strong price increase of SOL on November 22 may come from the following two factors:

1/ The prospect of approving Spot Solana ETF is widening under the new U.S. President Donald Trump. Additionally, right after the news that SEC Chairman Gary Gensler set a resignation timeline, four asset management companies including Bitwise, 21Shares, Canary Capital, and VanEck submitted a 19b-4 application to the SEC requesting approval for the Spot Solana ETF product.

2/ The memecoin craze continues to explode strongly. The high trading volume helps the fee revenue that Solana's dApps generate continuously set new records.

To be called Altcoin Season, we need 75% of the top 50 market capitalization tokens (excluding stablecoins) to perform better than BTC within 90 days.

According to data from Blockchain Center, we are currently still in Bitcoin Season as this index is only at 33. However, with a series of altcoins surging strongly today, we can expect this index to soon exceed 75 by early next year.

#Write2Win #Binance #Solana $BTC $FTT