While the crypto market seems to be closing lower in the last days of August, many are wondering what the next BTC price was in the last months of the year. Some talk about a bearish trend that will return the BTC price to 49k or even less, other "experts" talk about a BTC price of 100k in the coming weeks even before closing the year 2024. It is well known that the price of BTC is almost impossible to predict, but, doing both technical and fundamental analysis, observing the price behavior in long-term time frames such as 1D, 1s, or 1M, and, scrutinizing a little beyond what is required, one can say the price of BTC could rise, up to how much? I would not know how to say, but I can affirm with compelling arguments, that the month of October; Called UPTOBER in the US, Europe and Asia, it seems to be the month when BTC will finally hit 100k.
You just have to study and analyze the charts well, especially the ones from month to month over the last 4 years, to realize that.
Remember that the market forms patterns, which repeat themselves over time, even some fundamental ones on certain dates that seem to repeat themselves as well.
Remember that the US elections are near, and that both candidates receive donations in their campaigns in cryptocurrencies.
Taking into account these small great details, both technical and fundamental, we can almost say that BTC will hit 100k in October, just before the US presidential elections.
Remember "Buy on the rumor and sell on the news."
Also don't forget, when the price goes up it does so by the stairs, but when it goes down it does so by the elevator.
Bitcoin has touched the bottom of $75,500, which makes us reflect and ask questions, especially the futures traders who far exceed the spot holders; the cycle of 2021 is repeating when $BTC fell from 69k to 15k, more than 70% down?, is the industry affected by futures traders more than by the true spot holders?, these are questions to ponder about what Bitcoin will do in the coming days, weeks, and months, many have been liquidated, forced out of this business, compelling them to capitalize again to re-enter, others simply looking to get rich quickly have been liquidated forever.
Will they enter again, but this time in spot or will they continue trading futures?, or will they diversify?, in the best-case scenario, remember that capital has not yet rotated from precious metals like gold and silver to cryptos.
Bitcoin is still at risk of following the downward trend in a bear market that is more than confirmed, the only certainty here is that the floor of the bear market is close, maybe in the 70k-65k perhaps 60k, it is not known for sure.
Let’s also remember that the new president of the FED has a name and surname and will start performing duties from April-May of this year, that could be a breather for $BTC to start recovering, for now, I don't think we will see a #ATH in $BTC at least until 2027 perhaps 2028 when the Trump administration is in the final phase of duties.
Project #vanar, VANRYUSDT, is based on global blockchain technology, featuring high speed and transaction volume, utilizing renewable energy, as well as operating with low transaction costs, which allows for high scalability, especially for new users with low capital to invest.
It also offers new multi-chain minting tools that facilitate the process of creating and deploying various digital assets simultaneously, in many global blockchain environments.
The #vanar project also provides collaboration opportunities with creators and game developers, even in the world of NFTs and applications in the metaverse that allow for the creation and custody of unique digital assets and even digital worlds; furthermore, #vanar leverages AI technology for generative applications.
Lastly, the #vanar chain promotes participation from cryptocurrency industry players through its token $VANRY , both for spot trading and futures trading, which expands the ecosystem and allows for value creation for its users.
hello this is my first time uploading this here, I have been testing futures trading and so far it has gone very well, I have not closed the operation yet I am thinking of letting it run at least Xauusd until 5500, what do you think?
Although that amount may seem insignificant to many, I would be very happy if you earned even just one dollar in profit. Remember that this amount is equivalent to a full day's hard work for us, so please value your money. $ZEC $WLD $AIA {future}(ZECUSDT)
But imagine my little padawan, always look for those that are trending in 24 hours whether you want to operate in short or in long, for example, at this moment DUSK, BREV, FHE, BCH, and never forget to follow the trend of Bitcoin before operating and analyzing any cryptocurrency
Janene Ratzloff HJjZ
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wld any expert who can tell me, which of these coins should I sell and which should I buy? I have already lost a lot, this coin is dead and not gaining strength, which coin should I buy that is profitable? thank you
Simple ways to earn $5 in a day. You need to keep $50 in your account. Without any analysis, but a little. Step 1. select the pair that is more volatile. Step 2. select a leverage of approximately 12x. Step 3. use only 50% of your margin. Step 4. buy or sell according to the trend 📈 📉. Step 5. simply set a tp of 1 USDT dollar. Step 6. more trades, more profits. make 10 precise trades and earn $10 but you only need to make 5 or 6 trades. like this 👇👇$JCT {future}(JCTUSDT) T $PIEVERSE #USGDPUpdate #USCryptoStakingTaxReview
I share my results from today on Binance Futures, I do not consider myself an expert. In fact, I have not even been trading futures for a week.
However, these closed trades have been the result of a strategy based on patience and observation; I have also learned to read some indicators.
I am very motivated to see these initial results. My goal is to keep learning, improving my technique, and appreciating every opportunity the market gives me for future movements.
If you are a beginner like me, I hope this encourages you to start! If you are an experienced trader, I would appreciate any constructive advice!
Your liquidation price is far from the maximum of the last 24 hours, I would hold until I die
Erika_Alejandra
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Great new loss 😔💔 I have lost around -14,000$ of the currency $pippin 😨⚠️ What should I do now after losing my money? Is it possible for the currency $pippin to rise to 10$? 😨 I am scared, I have lost everything 😭💔💔 I just want to recover my loss!😅 And then I will stop trading forever, I am tired of it 😭💔 $TRADOOR 💔 #tradoor #Pippin #PEPE #Write2Earn #FOMOalert $BNB $ {spot}(BNBUSDT) $ {spot}(SOLUSDT) {spot}(ETHUSDT)
I am glued to the chart like a tick to a dog's skin to trade short
Erika_Alejandra
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Bearish
Guys… listen to me with total attention at this moment. $pippin {alpha}(CT_501Dfh5DzRgSvvCFDoYc2ciTkMrbDfRKybA4SoFbPmApump) is at a very dangerous level, and at any moment it could fall directly to $0.13319. Enthusiasm is artificially created, liquidity is unstable, and the whales are already showing signs of leaving. DO not think about long positions here, this is the perfect time to open maximum short positions and let them run. Just make sure your liquidation stays above $0.25, and you will win this setup with high accuracy. I am continuously monitoring the order flow, and everything indicates a sharp correction. Once the big players withdraw their funds, $pippin will fall aggressively. Enter on time, manage your risk properly, and maintain discipline; this movement can generate huge profits if executed exactly as indicated. #CryptoIn401k #BinanceHODLerAT
Success, but remember that the market in general terms is bearish
TOJI 東芝
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I’ve opened a Long position on $CROSS — leading by example, just like I always teach. I don’t just talk charts, I act on them. Let’s see how this move plays out! $SOON {future}(SOONUSDT)
You sell but already and make sales with 200 USDT and forget about what happened and focus on your next move, the market is bearish, make SHORT trades, only shorts
JRV crypto
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😢💔😢💔I am still in this operation, I don't know what to do, I was ambitious and now I am paying the consequences, I am a university student and all I wanted was to give my family a nice Christmas. I want you to help me with some advice, how do you see the current market outlook, to know whether I should close or hold. Thank you in advance for anything you can tell me 😢💔😢💔
Very unfortunate, because BTC will continue to fall, at least until 87k, in my opinion you have only two options, either inject more capital to lower your liquidation price or sell.
JRV crypto
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😢💔😢💔I am still in this operation, I don't know what to do, I was ambitious and now I am paying the consequences, I am a university student and all I wanted was to give my family a nice Christmas. I want you to help me with some advice, how do you see the current market outlook, to know whether I should close or hold. Thank you in advance for anything you can tell me 😢💔😢💔