#BTC Quick analysis of Bitcoin from the chart in front of us. The price is currently around 87,900 after a clear drop from the 94,500 area, and it seems that the overall trend is still downward with no fundamental change occurring. The upward movement that happened is considered a natural correction, not a real rise, because the price is still below the downward trend and below the large averages. The nearby moving averages are where the price is fluctuating, but the large average is still above it, which means that control is still with the sellers. Every time the price tries to rise, it faces selling pressure from the same area almost. In terms of resistances, the area between 88,400 and 89,100 is very clear, and any failure to close above it will likely face another drop. The nearest support is around 86,100, and if it breaks, we might see a retest of the 84,400 area. The Relative Strength Index is in a medium area, neither overbought nor oversold, which makes the movement a bit volatile without a clear direction. The MACD shows a slight improvement, but it still hasn't given a strong upward signal, so all indications are still within a corrective framework, not a reversal. In summary, the market is still weak, and any rise now must be confirmed by a clear break and stability above the resistance; otherwise, it is advisable to act cautiously and adhere to capital management, as the overall trend has not changed.
Cryptocurrencies are not an investmentโฆ Nor a foundation for lifeโฆ Nor even a "financial asset" in the true sense.
Making profits in crypto = Other people's money. No value is being created No production No profits No cash flows
You earn because someone else bought from you at a higher price, And if the price drops afterward? They're the ones who bear the loss.
What do we call this economically? Zero-Sum Game One person's gain = Another person's loss And after fees? Everyone loses except the platforms.
Even without leverage, Bitcoin can be 125,000 And suddenly 85,000 And this is not a "healthy correction" This is an unnatural flip for an asset that has no intrinsic value.
Whatโs happening is called:
Wealth transfer
Exiting before others
Musical chairs
Not:
Investment
Savings
Financial future
Crypto is high-risk speculation Nothing moreโฆ and nothing less.
And those who understand this Are not bitter Nor are they losing They just aren't deluded.
Very beautiful manipulation as if they are gambling halls, meaning trading is gambling whether it's futures or spot. In both cases, the subject is 100% gambling and the cursed Western manipulation of people's money #BTC
Pray upon the Prophet, let's talk rationally and avoid stubbornness. The currency will ruin your home whether you profit from it or think you can understand its direction. This currency has a market maker that is a fraud, a scammer, and a swindler. I don't understand why Binance is still selling it and it hasn't been removed. Beware of it, please do not enter it, I swear it will cost you a lot. #PIPPINU
Frame 5 minutes, see those small red candles, this is the confusion for the small traders and the fear inside simple people to exit, fear, and lack of reassurance. This is 100% institutional play and regular. Bitcoin will rise whether today or after a year. Do not sell at a loss in any currency linked to this cursed one if you are losing with it, and do not delude yourself with the collapse if Bitcoin is going to collapse or something undesirable. They preferred to be present to continue trading and manipulating people's nerves. #BTC
I always trusted in #FETUSD and it was my favorite currency, and I advised everyone to stay away from financial lifts and futures... but the temptation of quick profit overwhelmed me ๐ I invested an amount of 3500 dollars at a price of 0.2530, and I liquidated at 0.1300, and my current losses have reached 600 dollars. I'm tired of waiting and afraid of a bigger bleed... Is it better to exit now or should I continue? I hope anyone who has gone through a similar experience leaves me advice or a message of reassurance.
#BTC Trump's insider with a 100% win rate just opened a buy position worth 100 million dollars on Bitcoin! Did the same thing a month ago and made 170 million dollars.
#solana The drop of Solana does not worry me at all... On the contrary, I am very happy! Every time the currency drops, I buy more and increase my quantity, and I believe in Solana and I am confident that it will have a strong future. I will remain steadfast and resilient as long as God grants me life.
Selling? Not before the year 2030, God willing... and long-term investment is what ultimately pays off.
PIPPIN is a fraudulent currency, do not trade it. It is a scam with expertise and has no connection to trading. Whoever calls it a digital currency is a disbeliever. It is a greedy currency that will destroy you. Beware of it; it has no relation to trading. Its owners manipulate it as they wish. #Pippin
You can imagine how many people were deceived by the drop and were filtered out. The future is cursed, guys. The future won't bring you anything but sickness. Don't enter the future; buy and trade currencies on the spot, and that's the best thing.
Coinbase Premium Index flips positive for the first time this month ๐ฅ
The return of the Coinbase Premium Index to the positive zone for the first time this month is considered a very strong bullish signal and indicates the entry of real liquidity from American investors.
The bull market is approachingโฆ fasten your seatbelts ๐๐