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September Warning For $BITCOIN$ From Analysts
It Will Be Bloody! As September approaches in the cryptocurrency world, expectations also rise. Well-known crypto strategist and analyst Benjamin Cowen, a prominent YouTube follower, reiterates his prediction that Bitcoin ($BTC $) is preparing for a major corrective move this month. With Bitcoin currently trading at $25,789, Cowen's prediction is causing $WAVES$ of concern and curiosity among crypto enthusiasts. Here are the details…Cowen expects a drop for BitcoinHaving 786,000 YouTube subscribers, Cowen recently shared his views in a strategy session. He emphasized that September has historically tended to be a tough month for cryptocurrencies, and Bitcoin in particular has often experienced negative returns during this period. “September tends to not be a great month for crypto. As you can see, Bitcoin is delivering negative returns in September with a much worse average compared to other months,” Cowen said. He backs up this claim by considering Bitcoin's seasonality, momentum, and recent monthly close below the $27,000 level. “Given the seasonality, momentum, and the fact that we recently had a one-month close below $27,000, it would make sense that there is at least a good chance for Bitcoin to test $23,000,” the analyst said. I think this is highly likely to happen in September.” He made a similar statement last month, and Cowen's warning late last month reflects a similar sentiment. As we reported, the analyst was drawing on historical precedent by highlighting that Bitcoin could fall to $23,000 in September. While the possibility of a Bitcoin correction is high, Cowen also outlined a scenario where altcoin markets could resurrect. Cowen pointed out that a combination of macroeconomic factors could bring new vitality to the altcoin markets next year. “Volatility normally rises again in the halving year because this is also an election year. Remember that election years bring a lot more uncertainty,” Cowen explained. Also, noting the ongoing cycle of rate hikes and potential labor market impacts, he suggested that these factors could lead to looser monetary policies in an election year, potentially benefiting the altcoin market. Another analyst expects a decline. The crypto community closely monitors Bitcoin's performance in September. As we follow along, we'll see if Cowen's predictions come true and how these potential price movements can affect the broader cryptocurrency landscape. In a related development, Bitcoin's recent price action has shown signs of fragility. On-chain data shows that the cryptocurrency is swinging around a critical support level, which could trigger another 10% to 15% drop from its current value if this level is breached. According to $ALI$ Charts, Bitcoin could potentially drop from its current level of $25,800 to as low as $23,340. High volatility has characterized Bitcoin's last seven-day trading range, fluctuating between the low of $25,680 and the high of $28,130. Investors are bracing themselves for another wave of volatility in mid-October 2023 as the U.S. Securities and Exchange Commission (SEC) approaches its next deadline for the BlackRock spot Bitcoin ETF application. The SEC's recent decision to delay multiple spot Bitcoin ETF filings, including BlackRock's, has the crypto market eagerly awaiting further regulatory developments.
#crypto2023 #Binance #BTC #bitcoin #dyor dyor
$BTC $DOGE $CYBER
#crypto2023 #Binance #BTC #bitcoin #dyor dyor
$BTC $DOGE $CYBER
Potential price pumps for the next Bull Run.🔥
10x potential🚀
$BTC
$ETH
$BNB
20x potential🚀
$LINK
$ATOM
$MATIC
50x potential🚀
$INJ
$QNT
$GROK
$PEPE
$AZERO
100x potential🚀
$VRA
$SHIDO
$GEO
$KUJI
$KAS
#Metacash
1000x potential🚀
$RIO
$MLT
$RET
$TET
$GFAL
$CSIX
$DNX
#BONK #BinanceTournament #BTC #SATS #BinanceWish
10x potential🚀
$BTC
$ETH
$BNB
20x potential🚀
$LINK
$ATOM
$MATIC
50x potential🚀
$INJ
$QNT
$GROK
$PEPE
$AZERO
100x potential🚀
$VRA
$SHIDO
$GEO
$KUJI
$KAS
#Metacash
1000x potential🚀
$RIO
$MLT
$RET
$TET
$GFAL
$CSIX
$DNX
#BONK #BinanceTournament #BTC #SATS #BinanceWish
#BTCS# The inscription is very popular now, but the Nambovan in the future inscription definitely belongs to Sats, it has both meme attributes, BRC20 inscription faucet attributes, BTC smallest unit bit satoshi attributes and application attributes, BTC son attributes, it also has an invincible community of invincible followers and evangelists, just ask, who else???
#BONK #BinanceTournament #BTC #SATS #BinanceWish
#BONK #BinanceTournament #BTC #SATS #BinanceWish
Today is expected to be no big market, there is a wave of a few hundred points estimated to end, the United States over Thanksgiving suspension, the beginning of the cake all the way up after breaking through 38000, the market has been in a wide range of shocks, the current daily line is still in shock, the general direction I am still optimistic about the performance of the bulls.
Now many people are beginning to look at what the middle line is empty, outrageous points to see 20000-15000 are coming, the first wave of rise I am more optimistic and have said that 38000 is a top in the near future, so also rely on 38000 empty a few times, but when most people think so, I have a different idea, similar to last year's has been buying the bottom has been falling, what escape from the top of these are meaningful to us to do short-term but not big, do a good job of risk control and let it go, even if you really let you catch a top, you first think more about whether you can take it or not, the direction will always come out, the follow-up idea is still to maintain the retracement bullish, optimistic about the bulls sprint to 40,000
#MtGox #WLD #RichardTeng #KyberSwap #etf
Now many people are beginning to look at what the middle line is empty, outrageous points to see 20000-15000 are coming, the first wave of rise I am more optimistic and have said that 38000 is a top in the near future, so also rely on 38000 empty a few times, but when most people think so, I have a different idea, similar to last year's has been buying the bottom has been falling, what escape from the top of these are meaningful to us to do short-term but not big, do a good job of risk control and let it go, even if you really let you catch a top, you first think more about whether you can take it or not, the direction will always come out, the follow-up idea is still to maintain the retracement bullish, optimistic about the bulls sprint to 40,000
#MtGox #WLD #RichardTeng #KyberSwap #etf
LIQUIDATION DATA IN 24 HOURS
TOTAL LIQUIDATIONS: UP TO $206.65M
TOP 5 COINS WITH HIGHEST LIQUIDATION:
$BTC ~ $57.80M
$ETH ~ $38.14M
$SOL ~ $14.87M
$DOGE ~ $9.30M
$AVAX ~ $7.68M
#MtGox #WLD #RichardTeng #KyberSwap #etf
TOTAL LIQUIDATIONS: UP TO $206.65M
TOP 5 COINS WITH HIGHEST LIQUIDATION:
$BTC ~ $57.80M
$ETH ~ $38.14M
$SOL ~ $14.87M
$DOGE ~ $9.30M
$AVAX ~ $7.68M
#MtGox #WLD #RichardTeng #KyberSwap #etf
In terms of the liquidation map, due to the large number of short positions in Bitcoin, which was liquidated in large numbers after the Argentine election stimulated the price increase, the short peak on the right has become very short, and if the Bitcoin price tests $38,000 again, the bears will suffer even greater losses. On the liquidation heat map, a lot of power has been gathered around the $35,600 area, the yellow line is bright, and there will be a huge liquidation strength here, and it seems that Bitcoin will be difficult to test this price level in the short term.
Like 👍 it, the latest news 📈📉 is non-stop
#MtGox #WLD #RichardTeng #KyberSwap #etf
Like 👍 it, the latest news 📈📉 is non-stop
#MtGox #WLD #RichardTeng #KyberSwap #etf
Target: MKR
The current trend is upward, moving from 2:30 to 2:00. The 120 EMA group formed a second low of 1214 (including the bottom structure, the previous low of 969)
4H completes a downward turn around 1428 and then again above 1382.
The current trend is intact, but the second spike of the previous 10/24 has not been effectively broken. The biggest obstacle at the moment is also the previous two highs at point C.
The dynamic rehearsal follows the uptrend: point C (which continues to be broken around 1567) continues the uptrend, and the follow-up space opens.
Dynamic rehearsal reversal downtrend: If you cannot break through near 1567 or return to below 1567 for a short time after the breakout, it will be regarded as an invalid breakout. And the price runs downwards below 1294, and the bears confirm.
#MtGox #WLD #RichardTeng #KyberSwap #etf
The current trend is upward, moving from 2:30 to 2:00. The 120 EMA group formed a second low of 1214 (including the bottom structure, the previous low of 969)
4H completes a downward turn around 1428 and then again above 1382.
The current trend is intact, but the second spike of the previous 10/24 has not been effectively broken. The biggest obstacle at the moment is also the previous two highs at point C.
The dynamic rehearsal follows the uptrend: point C (which continues to be broken around 1567) continues the uptrend, and the follow-up space opens.
Dynamic rehearsal reversal downtrend: If you cannot break through near 1567 or return to below 1567 for a short time after the breakout, it will be regarded as an invalid breakout. And the price runs downwards below 1294, and the bears confirm.
#MtGox #WLD #RichardTeng #KyberSwap #etf
ETH4 hourly chart, the current intraday and then the early repeated test of the weekly K support 1930-1940 after the completion of the bottom of the generation to start the rebound, the early stage and then break through the key chip pressure after the completion of a generation of bulls strong upward trend, then from the current intraday point of view, the weekly line is still in the K-line operation to keep running above the moving average, the reference is still the bulls upward trend has not changed, although there are signs of stepping back in the early stage, but several times controlled within a reasonable range of operation, but the daily structure has been destroyed, then in the layout of our choice to stabilize can only be a callback to do long is more reasonableThe layout can give a reference to the short-term box support low chips concentrated in the 1980-2000 generation! Break can retreat to the weekly support 1920-1940 this range to try to support, the upper pressure level can give the reference choice in the short-term weekly K high chip reference 2120-2140 this generation, the head structure of the box to give the reference 2240-2260! In the recent period of layout, the most eye-catching performance is still the 2120 weekly line pressure level we gave in the early stage, and after reaching the high point twice, there was no upward breakthrough, on the contrary, the space for falling back is quite objective, the first round out of 2120-2000! In the low-level layout, we repeatedly gave the 1920-1940 generation in the early stage to have a very good rebound space, of course, when the market goes to the box shock, try to find the box so that we can maximize the control of the market.
#RichardTeng #Blast #hodl #WLD #BTC
#RichardTeng #Blast #hodl #WLD #BTC
Bitcoin four-hour level, walked such a flat bottom triangle, if the breakthrough of this level, we have to consider stepping back on this side to do long, but we must pay attention to this 1.13 false breakthrough of 38600 position, as long as the market effectively stands firm at 38600, we can consider chasing long here
Bitcoin has taken a wave structure at the hourly level, so it may pull back to around 36750, or 37050 so at this level, we have to wait for it to pull back and appear at the bottom of the model to go long.
#RichardTeng #Blast #hodl #WLD #BTC
Bitcoin has taken a wave structure at the hourly level, so it may pull back to around 36750, or 37050 so at this level, we have to wait for it to pull back and appear at the bottom of the model to go long.
#RichardTeng #Blast #hodl #WLD #BTC
Here and there I see people losing money on high leverage trades.
Learn to use SL with fixed potential loss amount. If its $1 it should be $1 for every trade. Leverage doesn't matter. Size does.
Common mistake - trade fixed amount in every trade. That doesn't work that way. One trade SL distance is 1% away, another its 10%. Investment size should always be calculated based on SL %
#RichardTeng #Blast #hodl #WLD #BTC
Learn to use SL with fixed potential loss amount. If its $1 it should be $1 for every trade. Leverage doesn't matter. Size does.
Common mistake - trade fixed amount in every trade. That doesn't work that way. One trade SL distance is 1% away, another its 10%. Investment size should always be calculated based on SL %
#RichardTeng #Blast #hodl #WLD #BTC
The bitcoin market fell sharply, and yesterday predicted the fall of bitcoin, but instead of shorting, it went to do long orders in other currencies, and the result was harvested. When other coins are in the opposite direction of Bitcoin in the short term, try not to touch it to reduce risk.
Bitcoin is still in the fourth wave of consolidation, and after the shock is over, it will continue to rise. But the structure of the fourth wave is more complex, and it is uncertain what form it will take, whether it may be a joint type or an expanding triangle.
No matter which form it is, there is a common feature, that is, the overall general direction remains the same, and the short-term shock direction remains the same, there will be a decline, and then the fifth wave of the rise will be started.
In the next two or three days, we will reach a critical point in time. It is necessary to closely observe the depth and structure of this decline, find the stage low, and then make a layout.
$BTC #opbnb #ordinals #Pyth #etf #BTC
Bitcoin is still in the fourth wave of consolidation, and after the shock is over, it will continue to rise. But the structure of the fourth wave is more complex, and it is uncertain what form it will take, whether it may be a joint type or an expanding triangle.
No matter which form it is, there is a common feature, that is, the overall general direction remains the same, and the short-term shock direction remains the same, there will be a decline, and then the fifth wave of the rise will be started.
In the next two or three days, we will reach a critical point in time. It is necessary to closely observe the depth and structure of this decline, find the stage low, and then make a layout.
$BTC #opbnb #ordinals #Pyth #etf #BTC
BRC20's old coins and current popular tokens are worth collecting and studying!$ORDI$ More and more newcomers want to know the old coins of BRC20 and the current hot tokens. I'll sort it out for you today. No recommendation, only statement. DYOR
天神小饼ordi
Genesis Dual Currency$MEME $
Tribute to the founder, DOMO
Ryuji concept meme $PEPE$ $PIZA$ INSC $NALS$ $SHIB $ moon $VMPX$ $SATS$ oxbt
Ground push concept$FARM$ whee btcs ibtc farm whee
zoo$RATS$ $LION$ fish $NOOT$ cats $dog foxs Pepper
web3知名概念okex $LOWB$ They are all screened out according to the number of positions and transactions, and one of them that is too low will not be listed. In addition, I have all but 2-3 of the above, so I may make the mistake of deciding the head with my ass.
Details $ordi Ordi's absolute leader is equivalent to $Bitcoin $ in virtual currency, issued by the founder himself, and it is also the first project to be issued, with the highest consensus, which is currently almost 10USD a piece, according to the market value of 21 million, which is about 2.1$EUSD$ market capitalization. It is 5% of the market value of the SHIB high point of the previous fire project.
$meme MEME, as the project issued at the same time as Ordi, as the only project issued on March 8 except for Ordi, everyone thought that this was an impossible project, but it was miraculously completed, and it was also the only two tokens that appeared when DOMO released the BRC20 protocol Twitter. At the same time, it was also the project with the largest number of positions at that time. Plus for now#doge ，# $DOGE$SHIB , etc. are all tokens in the MEME category, which shows the permanence of this token, perhaps It will die, and it will also be shib, but the meme culture will live on.
#opbnb #ordinals #Pyth #etf #BTC
天神小饼ordi
Genesis Dual Currency$MEME $
Tribute to the founder, DOMO
Ryuji concept meme $PEPE$ $PIZA$ INSC $NALS$ $SHIB $ moon $VMPX$ $SATS$ oxbt
Ground push concept$FARM$ whee btcs ibtc farm whee
zoo$RATS$ $LION$ fish $NOOT$ cats $dog foxs Pepper
web3知名概念okex $LOWB$ They are all screened out according to the number of positions and transactions, and one of them that is too low will not be listed. In addition, I have all but 2-3 of the above, so I may make the mistake of deciding the head with my ass.
Details $ordi Ordi's absolute leader is equivalent to $Bitcoin $ in virtual currency, issued by the founder himself, and it is also the first project to be issued, with the highest consensus, which is currently almost 10USD a piece, according to the market value of 21 million, which is about 2.1$EUSD$ market capitalization. It is 5% of the market value of the SHIB high point of the previous fire project.
$meme MEME, as the project issued at the same time as Ordi, as the only project issued on March 8 except for Ordi, everyone thought that this was an impossible project, but it was miraculously completed, and it was also the only two tokens that appeared when DOMO released the BRC20 protocol Twitter. At the same time, it was also the project with the largest number of positions at that time. Plus for now#doge ，# $DOGE$SHIB , etc. are all tokens in the MEME category, which shows the permanence of this token, perhaps It will die, and it will also be shib, but the meme culture will live on.
#opbnb #ordinals #Pyth #etf #BTC
SOL's revenue has also grown substantially, with a significant increase of 106.55% over the past 30 days to $1.26 million. Expanding these numbers to $15.28 million in annualized revenue implies a healthy growth rate of 43.10%.
Transaction fees also play a key role in SOL's revenue generation. Over the past 30 days, transaction fees have increased by 106.55% to $2.51 million. If the annualized fee income reaches $30.56 million, the growth rate is 43.10%. Solana's growing ecosystem is further reflected in the increase in daily active users, which currently average 128,180, with a whopping 53.6% growth over the past 30 days.
#etf #BTC #ETH #Pyth #YFI
Transaction fees also play a key role in SOL's revenue generation. Over the past 30 days, transaction fees have increased by 106.55% to $2.51 million. If the annualized fee income reaches $30.56 million, the growth rate is 43.10%. Solana's growing ecosystem is further reflected in the increase in daily active users, which currently average 128,180, with a whopping 53.6% growth over the past 30 days.
#etf #BTC #ETH #Pyth #YFI
SOL Price Prediction Turns Bearish, Could Push It to $45?
Solana (SOL) has emerged as a significant player in the dynamic cryptocurrency world, exhibiting a significant upward trend and bringing significant gains. Although the SOL price has adjusted slightly by 3.6% over the past 24 hours, the blockchain platform's native token has risen by a massive 43% over the past 14-day period. However, the sustainability of these gains could be threatened, as following last year's impressive 346% spike, it looks set for SOL prices to fall sharply and make a deep correction.
Cryptocurrency analyst Ali Martinez reveals the potential challenges facing SOL. Martinez highlighted the TD Ordinal Indicator, which currently shows a sell signal on the SOL weekly chart. Developed by market technician Thomas DeMark, the TD Sequence Indicator is a technical analysis tool used to identify potential trend reversals or exhaustion points in price movements. This is shown in Figure 1.
The indicator consists of continuous candlesticks that meet specific criteria based on time and price movements. It looks for specific patterns in price action, including the permutations of successive highs and lows and the general trend direction. When the TD Sequence indicator produces a sell signal, it indicates that the coin has reached the exhaustion point in its uptrend, which may indicate an imminent correction or reversal.
Martinez said that if the bearish pattern depicted by the TD Ordinal Indicator is confirmed, market participants may see a drop in the SOL price, which could push it to $45 or even to $30.
Although there may be a correction in the price in the coming days or weeks, Solana has shown impressive growth on various fundamental metrics, as shown by the data provided by Token Terminal. In terms of market capitalization, SOL currently has a circulating volume of $24.62 billion, an increase of 138.78%. In addition, the fully diluted market capitalization is expected to be $32.77 billion, with a growth rate of 134.29%.
#etf #BTC #WLD #SOL #ETH
Solana (SOL) has emerged as a significant player in the dynamic cryptocurrency world, exhibiting a significant upward trend and bringing significant gains. Although the SOL price has adjusted slightly by 3.6% over the past 24 hours, the blockchain platform's native token has risen by a massive 43% over the past 14-day period. However, the sustainability of these gains could be threatened, as following last year's impressive 346% spike, it looks set for SOL prices to fall sharply and make a deep correction.
Cryptocurrency analyst Ali Martinez reveals the potential challenges facing SOL. Martinez highlighted the TD Ordinal Indicator, which currently shows a sell signal on the SOL weekly chart. Developed by market technician Thomas DeMark, the TD Sequence Indicator is a technical analysis tool used to identify potential trend reversals or exhaustion points in price movements. This is shown in Figure 1.
The indicator consists of continuous candlesticks that meet specific criteria based on time and price movements. It looks for specific patterns in price action, including the permutations of successive highs and lows and the general trend direction. When the TD Sequence indicator produces a sell signal, it indicates that the coin has reached the exhaustion point in its uptrend, which may indicate an imminent correction or reversal.
Martinez said that if the bearish pattern depicted by the TD Ordinal Indicator is confirmed, market participants may see a drop in the SOL price, which could push it to $45 or even to $30.
Although there may be a correction in the price in the coming days or weeks, Solana has shown impressive growth on various fundamental metrics, as shown by the data provided by Token Terminal. In terms of market capitalization, SOL currently has a circulating volume of $24.62 billion, an increase of 138.78%. In addition, the fully diluted market capitalization is expected to be $32.77 billion, with a growth rate of 134.29%.
#etf #BTC #WLD #SOL #ETH
It is expected that Bitcoin closed the Doji today, and did not close the bald bullish candle, which means that the shock is not over. Bitcoin's rise from the 24,800 level is a three-wave structure, and the fourth wave in the middle is a complex shock structure, which will continue to rise after the shock ends.
It is recommended that when Bitcoin steps back again, lay out long orders and be optimistic about the subsequent upside.
#etf #BTC #WLD #YFI #ETH
It is recommended that when Bitcoin steps back again, lay out long orders and be optimistic about the subsequent upside.
#etf #BTC #WLD #YFI #ETH
You're here, are you too late?
In the last round of the bull market, a lot of KOLs rose. Now they have either become rich and free to withdraw from the circle, or they have lost money, or they are holding "DeFi blue chips", and "NFT blue chips" can't keep up with the times.
Including myself, I always look at a lot of projects with so-called "experience". This so-called experience is a lot of the time when it's a hindrance to our progress. Old bottles can be filled with new wine, new bottles can be filled with old wine, and old bottles can be filled with old wine. Because the people who buy the wine are new. The rule of fun in the currency circle is that there is no rule. The participants in each bull market are different. There are constantly new people entering and old people coming out.
There will be a lot of new KOLs in this wave. Can you recommend your favorite KOL to me? The number of followers is not important, the important thing is whether there is alpha or not. Both Chinese and English are available
#etf #BTC #WLD #YFI #ETH $BTC
In the last round of the bull market, a lot of KOLs rose. Now they have either become rich and free to withdraw from the circle, or they have lost money, or they are holding "DeFi blue chips", and "NFT blue chips" can't keep up with the times.
Including myself, I always look at a lot of projects with so-called "experience". This so-called experience is a lot of the time when it's a hindrance to our progress. Old bottles can be filled with new wine, new bottles can be filled with old wine, and old bottles can be filled with old wine. Because the people who buy the wine are new. The rule of fun in the currency circle is that there is no rule. The participants in each bull market are different. There are constantly new people entering and old people coming out.
There will be a lot of new KOLs in this wave. Can you recommend your favorite KOL to me? The number of followers is not important, the important thing is whether there is alpha or not. Both Chinese and English are available
#etf #BTC #WLD #YFI #ETH $BTC
Market Hotspots:
1. AI's WLD, RNDR, FET, AGIX, OCEAN, PHB, TAO, AKASH, IMGNAI, etc. have risen sharply. The OpenAI incident is hot.
2. KAS, DNX, SMH, ZNN, etc. of POW rose. The tokens of this round of POW are generally better than the tokens of POS, or related to the BTC halving.
3. Chicken dogs such as Myro, Bonk, and Sandy ascended to heaven on the SOL chain, and the BONK of the meme leader rose 20 times. Myro is the dog name of Sol co-founder Raj. Sandy is a charitable donation for dogs. It feels like an inscription short-term pullback, and the funds run to the soil dog of the sol chain.
4. The game's dio and 3ull soared. DIO is a survival game of SOL Chain, and 3ULL is a video game of AVAX Chain, which is essentially the spillover of SOL and AVAX funds.
5. The zeph of privacy coins has risen sharply, up 10 times in a month. Zeph is an over-collateralized privacy stablecoin using Monero technology.
#ETH #WhaleAlert #BTC #AVAX #Pyth
1. AI's WLD, RNDR, FET, AGIX, OCEAN, PHB, TAO, AKASH, IMGNAI, etc. have risen sharply. The OpenAI incident is hot.
2. KAS, DNX, SMH, ZNN, etc. of POW rose. The tokens of this round of POW are generally better than the tokens of POS, or related to the BTC halving.
3. Chicken dogs such as Myro, Bonk, and Sandy ascended to heaven on the SOL chain, and the BONK of the meme leader rose 20 times. Myro is the dog name of Sol co-founder Raj. Sandy is a charitable donation for dogs. It feels like an inscription short-term pullback, and the funds run to the soil dog of the sol chain.
4. The game's dio and 3ull soared. DIO is a survival game of SOL Chain, and 3ULL is a video game of AVAX Chain, which is essentially the spillover of SOL and AVAX funds.
5. The zeph of privacy coins has risen sharply, up 10 times in a month. Zeph is an over-collateralized privacy stablecoin using Monero technology.
#ETH #WhaleAlert #BTC #AVAX #Pyth
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Turn $10 to $500 On Binance: New Crypto Arbitrage Strategy - Earn $20 In Minutes!
A few days ago, a profitable method on CoinMarketCap was shared. There's always a profit to be made with the right strategies. Here’s a step-by-step guide to help maximize earnings using Cyber Coin on Binance.
Search Cyber Coin: Go to CoinMarketCap and look for Cyber Coin.
Market Comparison: Check the different exchanges selling Cyber. Notice the price differences.
Buy Low, Sell High: On Binance, buy Cyber with USDT at a lower price.
Sell on Binance: Sell Cyber on a different pair for a higher price. Example: Buy Cyber/USDT at $6.12 and sell Cyber/TRY at $6.29.
Conversion: Convert the Turkish Lira back to USDT.
Steps in Detail:
Open Binance: Ensure you have capital. Start with as little as $10, but more capital means more profit.
Buy Cyber: Buy Cyber/USDT. For example, $1,000 will give approximately 163.23 Cyber.
Sell Cyber: Sell Cyber for TRY. Note the amounts and set your sell limit higher than the current selling price.
Swap Back to USDT: Convert TRY back to USDT. Ensure the exchange rate is profitable.
Important Tips:
Speed Matters: Be quick to catch the price differences.
Monitor Prices: Profits can fluctuate. Always check current rates before trading.
Simulation: Always simulate trades to ensure profitability.
Stay tuned for more crypto insights! 👍 Generous contributions support the mission, enabling diligent work to provide the best investment advice. Tips are instrumental in enhancing efforts to serve better.
Disclaimer: This strategy involves risks. Ensure to understand the market dynamics before investing. Happy trading!
#bitcoin #bitcoin
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