If you want to become a millionaire
in crypto and stay a millionaire, just
follow these 2 rules
1) Never do leverage trading, Control
your greed to become rich overnight.
2) Never forget rule no. 1
In yesterday’s dump even 3x longs got
liquidated which are considered safe.
#bitcoinhalving #cpi #bitcoinhalvingn

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BULL'S EYE

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BULL'S EYE

The #bitcoinhalvingn will take place On 20th - that's 5 days from now
last time I called on coins buy...all of them gave more than a 2x, Pyth, jup, core, Pepe, Arkham and the rest...
Recently due to the News of Iran Firing missiles against Israel , the entire Crypto market dumped and a Total volum of more than 800 million Dollar's was liquidated
my Advice: The bull run is coming , Run from Futures & perpetuals if you're so keen on your Money
trading is super risky now like never before , I can't go deeper into this.
next: in as much as the market dumped ,that provided a good Entry for use who still have spare money or perhaps you haven't invested yet
This is my #BullishStrategy for this BullRun...
I won't share all coz no one is paying me , but I'll share a few So we all can milk from this
with the image you can see the analysis I did on "SLN" also known as #smartlayer , if the price break's through the horizontal successfully then know we're going for a #bullishoutrun📈 all the way to 4$ Resistant zone
where you decide to take profits or not
But if the Market doesn't Break Through ... don't enter, just know that Fallout Bearish Trend just started
there much more... $APE , $MEME and #mavia
that's all for now, I'll still come back to this post
this bull season , Quote me "Mrcovels" anywhere : Holders will make more money than traders
be cultured & learn to take profit
if you think you will be able to buy $BTC now and make a fortune , you're kidding
$BTC

$BTC #Binance Why did Bitcoin and Altcoins Crash ?

The last 24 hours were brutal for the crypto market as BTC crashed below $60k while alts crashed 30%–50%.

The primary reason behind this crash was the Iran drone attack on Israel.

During a war, commodities like oil and gold rise in value, which results in high inflation.

High inflation means no rate cuts, which is bearish for stocks and crypto.

This is why crypto sold off heavily yesterday, as people anticipated that this war could lead to high inflation, which would result in no rate cuts.

Once BTC and alts started crashing, those who had high leverage positions open started getting liquidated, which resulted in more forced selling.
Something similar happened during Covid in March 2020, Russia Ukraine war when the market panic sold and then rebounded within a month
As per some media sites, Iran already made their allies aware in advance
This means that the cartel were already ready for this dump
They just waited till the weekend as there was low volume and then crashed the market
After market started panic selling, they bought the dip as usual which resulted in a quick bounce

The lesson here is to avoid leveraged trades and keep your portfolio in spot.
This is the best way to maximize your gains while keeping your risks to a minimum.

Right now, BTC is trading above $63k with a strong support at $60k level
If $60k level don't hold, there is a strong support level at $56k - $58k where most of the new whales (ETF buyers) have bought their BTC
Keep in mind that after every black swan event, the crypto market has witnessed parabolic runs and the same will happen this time too
Hit like if you found this helpful 🤝