History is meeting itself again in a more brutal form. The economy is struggling, money is not being pumped, interest rates are tightened. However, the Crash Phase of 2020 due to covid #BTC fell by 67.13%. The entire market was liquidated at 1.2 billion $ The fun Crash phase of Trump saw BTC only drop by 35%, but the market was liquidated up to 19.31 billion $ ; the actual number is even larger when the CEO of hyperliquid accused Cz of hiding liquidation orders, reporting only 1 per second, but the actual number is more than 100 times larger. CoinGlass believes that the liquidation amount could be over 200 billion dollars. So where is the money coming from? If we compare the liquidation rate with the upward wave of BTC and Altcoins, could we be witnessing a terrible growth cycle as money depreciates, investors flock into financial markets hoping to profit, while the rest push money into reserve channels due to concerns about instability from Trump's policies as well as the collapse of globalization and war.
$ASTER at 700M market cap $0.43 cents $HYPE at 19.6B market cap at $58.69 When legal issues tighten around the world, it is an opportunity for dex. CZ definitely won't miss this market share.
Fed Chair Powell: Fed Is Prepared to Speed Up Rate Rises if Warranted by Data: WSJ Powell: Ultimate Level of Interest Rates Likely to Be Higher Than Previously Anticipated: RTRS #BTC #Binance #crypto2023
#BTC is holding at D1 Support . But this is not good support. The best position right now is not going Long and Short chasing or waiting to go Short but Waiting for a Buy Spot in the 19-20kxxx$ range as said on Twitter on February 22 when reporting the short position at 24.5.
Strong resistance and support in H1 BTC frame. Whoever Scalp Long/Short Just Resist Short, Support Buy. If it breaks through Support and Resistance, closes the candle, then test again and go Long/Short.
Some similarities between #trx in the past and #SHIB in the present. Consult and make your own decisions. From 2017 until now, the market has always moved through all stages. We have not yet seen the altcoin red period again due to DOM's surge.
#BTC Maintaining firmly above EMA 200 Frame H4 and EMA 34 Frame D1 so there will likely be a rebound. However, BTC still returns to 18-20k this month, so the current position will be to wait to retest the 18-20k area and buy Altcoin. Long/Short, during this period you should manage your capital well
#BTC can hold above Ema200 Line H4 and Ema34 Frame D1, which will be a good signal for a rebound to retest the 24.8-25k area. Personal opinion: BTC will return to the 19k-20kxx area. Even if I retest 25.5k. So for now I will wait to Buy Spot altcoin in the 19k-20kxx area.