Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
See original
LIVE
MihaiDaniel
--
Follow
Hard work pays off
Give a Tip
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
929
0
Replies
3
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
MihaiDaniel
@MihaiDaniel
Follow
Explore More From Creator
#bitcoin remains bullish as long as it is above $70,000, after a strong rise it is normal for the market to have a setback, rest period, even a long squeeze, 4h bull flag is valid, $76,000 is still achievable
--
Is all time high for bitcoin still in play this week? Yes it is ! Is 100.000$ a target for 2024? I would say let’s wait and see if bitcoin can break 80.000$ first !
--
What are pullbacks in an uptrend? Simply put, why does the market have corrections while it is on the rise? Imagine a mountain you are climbing. You will not always climb in a straight line. You will have moments where you will stop to rest or even descend a bit before resuming your ascent. In the investing world, these small dips in an overall uptrend are called pullbacks. What is a pullback? A pullback is a temporary drop in the price of an asset (such as a stock, cryptocurrency, or stock index) in a general uptrend. It is like a pause or a small correction before the price resumes its ascent. Why do pullbacks occur? •Profit taking: When the price of an asset rises a lot, some investors decide to sell to secure their profit. This may lead to a temporary drop in price. •Market Sentiment: Negative news, economic uncertainty or other factors can affect investor sentiment and cause them to sell, causing a pullback. •Technical fixes: Sometimes the price of an asset rises too quickly and "overheats". A pullback can be a way for the market to cool off. Why are pullbacks important? •Buying opportunities: Pullbacks can provide opportunities for investors to buy an asset at a lower price than before the dip, with the hope that the price will continue to rise. •Trend Validation: A pullback that is followed by a resumption of the uptrend can confirm that the trend is still intact. •Identifying Support Levels: By observing the levels at which price stops during a pullback, investors can identify potential support levels for the future. How to spot a pullback? •Graphical analysis: Look at the price chart of an asset. A pullback will look like a small dip in a general uptrend. •Technical indicators: There are a lot of technical indicators that can be used to identify potential pullbacks, such as trend lines, moving averages or oscillators. Important: Identifying and exploiting pullbacks requires knowledge and experience in technical analysis. There is no guarantee that a pullback will be followed by a resumption of the uptrend.
--
From $65,000, bitcoin pumped like crazy for 6 days, the most intense in the last 36 hours, tomorrow the madness of #Binanceblockchainweek begins, where the entire crypto planet gathers from small to large. ATH possible tonight 🥂
--
At this moment #bitcoin sucks a lot of liquidity, some sell to collect the profits, others buy as much as they can, for Altcoins a little patience please, their time is coming too 💥
--
Latest News
Bitcoin Falls Below 70000 USDT Amid Daily Decline
--
Bitcoin(BTC) Drops Below 70,000 USDT with a 3.69% Decrease in 24 Hours
--
Treasury Plans Significant Increase In Debt Issuance For Upcoming Quarters
--
OpenAI CEO Confirms GPT-5 Will Not Be Released In 2024
--
Florida Holds $800 Million In Crypto-Related Investments, Says CFO
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
