#Btc(₿) #Dominance can also give us a clue about volatility. If you have determined your direction, you can choose to act according to this clue. When I look at the chart I see volatility, whether it will be up or down is your opinion. The 60% level contains an area that acts as resistance and support. The 73% level is the all-time high for dominance since 2021. My transition zone from Bitcoin to Altcoins. I trade #Btc(₿) - #altcoin in low quantities. But in 73% regions, 75% of my portfolio will be #altcoin’lerde . All I have to do is wait. To be patient. And planning where I will spend the money I will earn. I wish everyone good profits. I would like to reiterate, this is my personal plan and does not contain investment advice.
#Btc(₿) ETF, which reached the highest level of the last year with the level of 458**, exhibits volatile movements with the news. Considering the long term, it is still on the buy side. Although it makes harsh moves with speculative news, it is a situation that crypto investors are familiar with. When it reaches prices that believers will gain and non-believers will regret, it will be proof of how right we are. Volatility will continue with large and voluminous candles. I continue my spot transactions without using stoploss. It never contains investment advice.
Our red zone is a seller's zone.. we couldn't break it and close above it again.. it still works as an over-seller zone.. Every attempt seems to wear out the sellers.. we are monitoring it.
Our chart in the 4S time frame made us happy again by giving us a trading opportunity. I have listened to many instructors explaining the importance of time zones. When you take it into consideration and care, you learn something, even if it is a bit painful. Moreover, there is so much free content on the internet to learn, you wouldn't believe it.
The creator of Bitcoin was developed by a person or group using the pseudonym "Satoshi Nakamoto". However, the real identity of Satoshi Nakamoto is still unknown and this person or group has chosen to remain anonymous. The Bitcoin white paper, written by Bitcoin's creator, was published in 2008 and explains the basic working principles of Bitcoin.
Bitcoin's intended use is to provide a decentralized digital currency and payment system outside of traditional centralized financial institutions. Here are some basic uses of Bitcoin:
Store of Value: Bitcoin can be used as a store of value. Many people trust Bitcoin as an alternative store of value to traditional currencies. Transfer and Payment: Bitcoin can be used for fast and low-cost money transfers and payments around the world. It can be an alternative to the services offered by traditional banks in international transfers. Speculation: Many people try to profit from price movements by investing in Bitcoin. Bitcoin is a popular speculation tool among investors due to its volatility. Decentralized Finance: Bitcoin offers the opportunity to conduct financial transactions without the need for a central authority. This is intended to provide financial independence and privacy for some people. Blockchain Technology: Bitcoin is based on the use of a distributed ledger technology called blockchain. This technology is considered an interesting data logging and security solution for use in different industries. Remember that Bitcoin is an asset and investment tool full of risks and uncertainties. Before investing in any cryptocurrency, it is important to conduct careful research to understand the risks and make an investment decision.
We caught buy-sell opportunities in our chart, where buyer and seller areas are marked with red areas in the 4S time frame. We made good profits. Our chart, which appears to have dropped sharply with the release of the US Nonfarm Payrolls data, seems to be using the news to clear liquidity. With the sharp movements of the price, the liquidated amount information from the stock exchanges increased significantly. The platform, where trading is already risky, now seems to have doubled or tripled that risk. Bull or bear, which will win? What's your side?
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