Do you want to win #BinanceTournament ? You need to know that altcoins move in the same direction as $BTC but with many more % of gains, and with futures operations you can maximize that.
So, what is the BTC situation? Can we go LONG ALTCOINS or SHORT?
Lets see, in a weekly view:
We observe a break in the resistance of $31,600 that enables new objectives at $47,000. Although the movement was so abrupt that the price may take a few weeks before continuing its path. And you have to make sure that if you reset the $31,600 you don't get below it again.
And ALTCOINS? We can see +74% for $ETH +177% for AVAX +130% for $SOL for example!
So you know the advice, if Bitcoin is doing well, altcoins (that are not SCAM) will also do well. And if Bitcoin begins to fall below important floors, SHORT positions must be taken.
#CreatorPad Volatility is a measure of how much the price of a particular asset has risen or fallen over time. Generally, the more volatile an asset is, the riskier it is considered as an investment and the greater the potential for higher returns or greater losses in shorter periods than comparatively less volatile assets.
As a newer asset class, cryptocurrencies are considered volatile, with the potential for significant upward and downward movements in shorter time frames. Stocks are considered to have a wide range of volatility, from the relative stability of large-cap stocks (such as Apple or Berkshire Hathaway) to the often erratic "penny stocks." Bonds, on the other hand, are considered a lower volatility asset and generally experience less substantial upward and downward fluctuations that occur over longer time horizons.
#MarketTurbulence Volatility is a measure of how much the price of a particular asset has risen or fallen over time. Generally, the more volatile an asset is, the riskier it is considered as an investment, and the greater the potential for greater returns or larger losses in shorter periods compared to less volatile assets.
As a newer asset class, cryptocurrencies are considered volatile, with the potential for significant upward and downward movements in shorter time frames. Stocks are regarded as having a wide range of volatility, from the relative stability of large-cap stocks (such as Apple or Berkshire Hathaway) to the often erratic "penny stocks." Bonds, on the other hand, are considered a lower volatility asset and typically experience less substantial upward and downward fluctuations that occur over longer time horizons.
#ETHRally The capitalization of the crypto market exceeds 4 trillion dollars as ETF inflows, the growth of stablecoins, and pro-crypto policies align for a potential record bull rally. BTC and ETH ETFs listed in the U.S. see net inflows of 17 billion dollars in 60 days; institutions like Harvard increase their exposure through BlackRock's IBIT fund.
#CreatorPad The capitalization of the crypto market exceeds 4 trillion dollars as ETF inflows, the growth of stablecoins, and pro-crypto policies align for a possible record bullish rally.
BTC and ETH ETFs listed in the U.S. see net inflows of 17 billion dollars in 60 days; institutions like Harvard increase their exposure through BlackRock's IBIT fund.
$CFX Bitcoin Dominance refers to the metric that measures Bitcoin's market share relative to the entire cryptocurrency market. This is calculated by dividing Bitcoin's market capitalization by the total market capitalization of all cryptocurrencies. Currently, Bitcoin dominance stands at approximately 60.16%1
#BTCReserveStrategy Bitcoin Dominance refers to the metric that measures Bitcoin's market share relative to the entire cryptocurrency market. This is calculated by dividing Bitcoin's market capitalization by the total market capitalization of all cryptocurrencies. Currently, Bitcoin dominance stands at approximately 60.16%1
#CreatorPad Bitcoin Dominance refers to the metric that measures Bitcoin's market share relative to the entire cryptocurrency market. This is calculated by dividing Bitcoin's market capitalization by the total market capitalization of all cryptocurrencies. Currently, Bitcoin dominance stands at approximately 60.16%1
#CreatorPad The AI Awards program recognizes the best and brightest professionals in artificial intelligence. Open to organizations worldwide, the AI Awards are one of the most prominent recognition platforms of their kind.
#CreatorPad The AI Awards program recognizes the best and brightest professionals in artificial intelligence. Open to organizations worldwide, the AI Awards are one of the most prominent recognition platforms of their kind.
$BNB Cryptocurrency scams involve deceptive practices designed to defraud individuals out of their digital assets. These scams can take various forms, including fake investment opportunities, phishing attacks, and fraudulent initial coin offerings (ICOs). It's crucial to be aware of the warning signs and take precautions to protect yourself from falling victim to these schemes.
#CryptoScamSurge Cryptocurrency scams involve deceptive practices designed to defraud individuals out of their digital assets. These scams can take various forms, including fake investment opportunities, phishing attacks, and fraudulent initial coin offerings (ICOs). It's crucial to be aware of the warning signs and take precautions to protect yourself from falling victim to these schemes.
#BTCvsETH if they put weekly vision they will realize how the real cryptocurrency, the one that does not depend on any person, is the only one that is making new highs
#StablecoinLaw laws and laws continue to appear, but never forget that the government, the governments, never stay away from something from which they can profit and collect
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#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_DFZ29
#WalletConnect It is not a wallet per se, but a secure bridge that allows decentralized applications (dApps) to interact with cryptocurrency wallets (both mobile and desktop) without the user's private keys leaving their device.
#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_DFZ29