Karima Qualia mC3B
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Karima Qualia mC3B
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#sou novo here is someone to help here🥺🥺🥺
#sou novo here is someone to help here🥺🥺🥺
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From Karima Qualia mC3B
51
Hello everyone!
Today, I want to talk about a topic that has generated a lot of interest and debate in recent years: cryptocurrencies. But before we dive into the technical details, let’s understand what they really are.
In simple terms, a cryptocurrency is a digital or virtual form of money that uses cryptography to secure its transactions and control the creation of new units. Unlike traditional currencies, such as the real or the dollar, cryptocurrencies are not issued by a central bank or government. Instead, they operate on decentralized networks based on blockchain technology.
Blockchain is a revolutionary technology that records all transactions in a public, distributed ledger. This means there is no single point of failure, making the system more secure and transparent. Each transaction is verified by multiple computers in the network, ensuring its integrity and preventing fraud.
One of the best-known cryptocurrencies is Bitcoin, launched in 2009. Since then, thousands of other cryptocurrencies have emerged, each with its own characteristics and functionalities. Some are designed for fast, low-cost transactions, while others focus on smart contracts or decentralized applications (dApps).
Cryptocurrencies offer several advantages, including the possibility of fast and low-cost international transactions, greater privacy for users, and the elimination of intermediaries such as banks. However, there are also risks. Price volatility is a significant concern, with cryptocurrency values fluctuating considerably in short periods of time. In addition, the lack of regulation in many countries poses a challenge to large-scale adoption.
Hello everyone!
Today, I want to talk about a topic that has generated a lot of interest and debate in recent years: cryptocurrencies. But before we dive into the technical details, let’s understand what they really are.
In simple terms, a cryptocurrency is a digital or virtual form of money that uses cryptography to secure its transactions and control the creation of new units. Unlike traditional currencies, such as the real or the dollar, cryptocurrencies are not issued by a central bank or government. Instead, they operate on decentralized networks based on blockchain technology.
Blockchain is a revolutionary technology that records all transactions in a public, distributed ledger. This means there is no single point of failure, making the system more secure and transparent. Each transaction is verified by multiple computers in the network, ensuring its integrity and preventing fraud.
One of the best-known cryptocurrencies is Bitcoin, launched in 2009. Since then, thousands of other cryptocurrencies have emerged, each with its own characteristics and functionalities. Some are designed for fast, low-cost transactions, while others focus on smart contracts or decentralized applications (dApps).
Cryptocurrencies offer several advantages, including the possibility of fast and low-cost international transactions, greater privacy for users, and the elimination of intermediaries such as banks. However, there are also risks. Price volatility is a significant concern, with cryptocurrency values fluctuating considerably in short periods of time. In addition, the lack of regulation in many countries poses a challenge to large-scale adoption.
Today, I want to talk about a topic that has generated a lot of interest and debate in recent years: cryptocurrencies. But before we dive into the technical details, let’s understand what they really are.
In simple terms, a cryptocurrency is a digital or virtual form of money that uses cryptography to secure its transactions and control the creation of new units. Unlike traditional currencies, such as the real or the dollar, cryptocurrencies are not issued by a central bank or government. Instead, they operate on decentralized networks based on blockchain technology.
Blockchain is a revolutionary technology that records all transactions in a public, distributed ledger. This means there is no single point of failure, making the system more secure and transparent. Each transaction is verified by multiple computers in the network, ensuring its integrity and preventing fraud.
One of the best-known cryptocurrencies is Bitcoin, launched in 2009. Since then, thousands of other cryptocurrencies have emerged, each with its own characteristics and functionalities. Some are designed for fast, low-cost transactions, while others focus on smart contracts or decentralized applications (dApps).
Cryptocurrencies offer several advantages, including the possibility of fast and low-cost international transactions, greater privacy for users, and the elimination of intermediaries such as banks. However, there are also risks. Price volatility is a significant concern, with cryptocurrency values fluctuating considerably in short periods of time. In addition, the lack of regulation in many countries poses a challenge to large-scale adoption.
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We got the move, and $BTC is standing exactly where we were before the data. That’s what actual patience for a trade looks like.
The data came in mixed but with some important numbers. ADP Non-Farm Employment Change came at 90K vs 73K forecast, while Core PCE came in at 0.2% vs 0.3% expected. Final GDP was also stronger at 2.2% vs 1.5% forecast, while Personal Spending came in at 0.9% vs 0.8% expected. At the same time, Personal Income missed at 0.2% vs 0.5% forecast.
BTC initially surged to $85,600 and is now back where it needs to be. I’m still looking toward the lower ranges at $82,759 and the $80,000 liquidity, because the overhead liquidity is done and dusted.
We had a live session during the data, and during that session we saw the market at $83,800, then $85,600, and then back toward $83,000 and we still didn’t enter a trade.
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We can’t force an entry when the market has no clear direction. The same range is still in focus, and we’ll wait for the market to give us the setup.
Let me know, guys, how was the session? And should we have more regular sessions with our respected members so we can have proper discussions regarding the market?
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