Is it possible one day that the amount of ETH in circulation will be restricted to a maximum limit, just like in BTC?
Post
--
Ualifi Araújo
·
--
BullishGOOD MORNING!!!
The day started in a truly remarkable way, both for #BTC and for #altcoin . We are following the plan, notice that we finally had a break of the USDT.D below 5%, which was a level I mentioned earlier this week that needed to be broken for a good recovery, and also in this sense we are seeing BTC Dominance retreating quickly. This last one is always a problem and it seems to me that it will be until we reach $108K. In any case, the drop of USDT is already enough for a good relief.
Bitcoin is above $98K and ideally, some sideways movement above that to consolidate the upward movement so we can continue towards our target.
Finally, we had a reaction from ETH/BTC, we are about to break an important level there, it would be truly extraordinary if we could maintain 0.01945 as support from here.
See that everything aligned quickly for this recovery, it seems healthy and a continuation is quite likely in the coming weeks.
Today we have important Economic data, but as long as they are not a disaster, we will be fine here.
I have said it a thousand times and I will repeat;
I AM extremely OPTIMISTIC about Altcoins! 🚀✊🏻💛
The day started in a truly remarkable way, both for #BTC and for #altcoin . We are following the plan, notice that we finally had a break of the USDT.D below 5%, which was a level I mentioned earlier this week that needed to be broken for a good recovery, and also in this sense we are seeing BTC Dominance retreating quickly. This last one is always a problem and it seems to me that it will be until we reach $108K. In any case, the drop of USDT is already enough for a good relief.
Bitcoin is above $98K and ideally, some sideways movement above that to consolidate the upward movement so we can continue towards our target.
Finally, we had a reaction from ETH/BTC, we are about to break an important level there, it would be truly extraordinary if we could maintain 0.01945 as support from here.
See that everything aligned quickly for this recovery, it seems healthy and a continuation is quite likely in the coming weeks.
Today we have important Economic data, but as long as they are not a disaster, we will be fine here.
I have said it a thousand times and I will repeat;
I AM extremely OPTIMISTIC about Altcoins! 🚀✊🏻💛
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.