Bitcoin Price At Risk of Another Downside Thrust Before Higher
Bitcoin price struggles above $68,000 resistance, may drop to $63,400 support zone. Decline from all-time high of $69,218 to $59,150, then recovered to $65,000 but faces resistance at $67,500. Immediate resistance at $67,000, potential to reach $70,000 if surpassing $69,200. Downside risk if unable to cross $67,000, with supports at $66,650 and $65,000. Further decline could test $63,400 and $62,500 support levels. Technical indicators signal bearish momentum. Key levels: Supports - $65,000, $63,400; Resistances - $67,000, $68,000, $69,200.
#TrendingTopic #BTC #Write2Earn
Easy mode: Right now, the price of Bitcoin is having a tough time staying higher than $68,000. It might go down to around $63,400. It went from a very high price of $69,218 to a lower price of $59,150 and then went back up to $65,000, but it's having trouble going above $67,500. If it can get past $69,200, it could go up to $70,000. But if it can't go past $67,000, it might go down to $66,650 and $65,000. If it keeps going down, it could go to $63,400 and $62,500. The experts who watch these things closely think that the price might keep going down. The important prices to watch are $65,000 and $63,400 as supports (like a safety net) and $67,000, $68,000, and $69,200 as resistances (like hurdles to jump over).
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- Playing games: You can use apps like Swagbucks¹ or InboxDollars² to earn money by playing games on your phone or computer. These apps also offer other ways to make money, such as watching videos, shopping online, or browsing the web. You can also get a sign-up bonus of $5 or $10 when you join these apps.
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📈 How to Do 10 Trades at a Time with Just 100 USDT? Let's Dive In! 💰
🤔 Many newcomers to the crypto market believe that a 100 USDT budget isn't enough to make gains. That's a misconception!
💡 With proper analysis and calculations, you can generate at least 10 USDT in a day. To achieve this, discipline and patience are key.
click here to get crypto 🎇
🔍 Now, let's explore how to execute 10 trades with a mere 100 USDT:
> Range: Determine the lower and upper price limits based on your prediction of the coin's direction. For long positions, keep the upper limit close to the current price; for shorts, keep the lower limit not far from the current price. For a neutral stance, set both limits so the current price sits between them. Only take this position if the coin shows sideways movement without signs of pump or dump.
> No. of Grids and Leverage: Crucial for determining how much USDT you need for the trade. Experiment with different combinations of grids and leverage to find what suits you best. Start with, say, 20 grids and 50x leverage, but adjust based on your budget. Pro Tip: Opt for the lowest leverage possible to avoid liquidation during market swings.
🚀 Following these steps makes it entirely possible to conduct 10 trades simultaneously with just 100 USDT.
🙏 Thank you for reading! May this guide bring you benefits in the days to come.$BTC $SOL
If you purchased a token at 1$ and it appreciates to 10$, you are liquidating it. After liquidating it, it appreciates to 20$ means, you just forgo the additional 100% return there not 1000% return because you already realized 1000% return from it.
And by the way, don’t exit too soon in the bullish market. Have the confidence to hodl it.
Miners appear to have just sold long-dormant bitcoin, sourced from old block rewards, right when BTC plunged from its record high on Tuesday.
Given the market's thin liquidity, it could have had an outsized impact on bitcoin's price.
Bitcoin's rapid price ascent during the last month, which culminated in a new all-time high and quick reversal on Tuesday, has meant that some early miners have started selling their old block rewards – putting pressure on bitcoin's price.
On-chain data spotted by CryptoQuant shows that, just before bitcoin peaked at new highs around $69,000 and then plunged to $62,000 on Tuesday, 1,000 bitcoin worth roughly $69 million were moved to Coinbase by addresses more than a decade old and that the research firm says are linked to miners. (Shifting long-dormant tokens to Coinbase, a large crypto exchange, can be a prelude to selling.)
Here are five easy ways you might consider to earn an extra $50-$100 per day:
1. Testing Apps and Websites:
You can earn by evaluating new apps, programs, or software, focusing on user experience and visual appeal. Opportunities are available on platforms like User Testing, UTest, or Enroll¹².
2.*Transcribing:
If you have good listening skills and can type accurately, transcribing audio into written documents can be a lucrative side job².
3. Deliver Food for Local Restaurants:
Many services allow you to sign up as a delivery driver, which can be a flexible way to earn extra money³.
4. Rent Out a Room in Your House:
If you have spare space, renting out a room on platforms like Airbnb can provide a steady stream of income³.
5. Bank Account Bonuses:
Some banks offer bonuses for opening a new account and meeting certain criteria, which can be a quick way to earn extra cash³.
Remember, it's important to research and ensure that any side hustle or gig you take on is legitimate and suits your schedule and skills.
Understanding the Crypto Market Psychology is Key to Avoiding Losses
With Bitcoin soaring to $69k and the next halving just 41 days away, experts foresee a new bull run peaking in late 2025 - 12-18 months post the April 2024 Halving.💰
But, here's the harsh reality: Many will still make costly mistakes. 🤷
Let's dissect the psychological phases:
🚀 PHASE 1 - Accumulation 💰
During this phase, crypto Whales and OGs scoop up or start accumulating at discounted rates, while new projects emerge amidst lingering skepticism. Think back to last year when $BTC dropped to $15,000, and panic was widespread.
📈 PHASE 2 - Momentum 📈
Currently, we're witnessing a surge in prices, excitement is palpable, HODLers are jubilant, FOMO is rampant, and altcoins are skyrocketing. 😍👻💵
🚀 PHASE 3 - Euphoria/Excess 🚀
Greed takes hold, prices skyrocket daily, mainstream attention intensifies, market behavior becomes irrational, and scams abound! For newcomers, keep an eye on the Bitcoin Fear and Greed Index hitting 90 as a warning sign to manage your positions wisely. Fail to do so, and you'll be blindsided by the crash.
⤵️ PHASE 4 - Massive Crash/Long Red Candles 😭😭 ⤵️
In this phase, a steep downtrend ensues, panic selling grips the market, media paints a negative picture, Whales and newbies exit, while seasoned investors buy the dip. Unfortunately, newcomers are often left holding onto losses for years - a situation you want to avoid at all costs!
Tips for Success:
✅ Invest with caution and patience.
✅ Employ dollar-cost averaging.
✅ Secure profits gradually during the uptrend.
✅ Diversify your portfolio and avoid overexposure.
✅ Remain vigilant against hype and scams.
✅ Stay attuned to shifts in market sentiment.
✅ Hedge your positions strategically.
✅ Maintain cash reserves for potential opportunities.
As the coming months bring both excitement and risks, wise navigation could lead to life-altering wealth in this crypto revolution! 🌐💸
How Much Your $100 Investment in PEPE Will Be Worth If It Reaches $1?
Being one of the trending meme coins in 2024, it feels intriguing to look at how much a $100 investment in PEPE will be worth if the token reaches $1. Let us discuss the same in two scenarios.
$100 Investment at launch
Pepe Coin was trading at around $0.00000005685 at the time of its launch. With a $100 investment, you could get 1,759,014,951.63 PEPE tokens. If PEPE reaches $1, your $100 investment in PEPE at the time of launch would be worth $1.76 billion.
When the token reached an all-time high value of $0.000008354, this investment would be $7,658.75, recording a 10,558,75% return. The same $100 investment would be worth $6,659.45, if we consider the price, $0.00000673 at the time of writing.
$100 investment today
Let’s imagine you have invested $100 in PEPE today. The current price is $0.00000673, as of March 7 ,2024 so you will get 10.4 million Pepe tokens. Your $100 investment in PEPE would be worth over $10.4 million if PEPE reaches $1.
The same way, if you have invested $200 in PEPE today, your investment would be worth $200 million when PEPE reaches $1. Even though it seems impossible for PEPE to reach $1, the crypto market has witnessed several of such unbelievable incidents. The Pepe Coin itself broke the record by becoming the quickest cryptocurrency to reach a $1 billion market cap.
However, there is no guarantee that PEPE reaches $1. This is just a hypothetical analysis demonstrating the potential of cryptocurrencies to turn small investment into huge profits. Always do your own research when making any crypto investment and only invest what you can afford to lose
Remember, Alot of hard work goes into providing you with best Investment advice and market insights , your support means the world to me 🙏 If you've found my content helpful and would like to show your appreciation, you can now tip me in. Your tips no matter how small helps me stay motivated and continue delivering valuable content to you all .
⏺️ BlackRock is only 5,468 Bitcoin away from surpassing MicroStrategy's total Bitcoin holdings.
⏺️ There is a high probability that BlackRock will break MicroStrategy's Bitcoin holding record today.
⏺️ MicroStrategy took 4 years to accumulate 193,000 BTC.
⏺️ BlackRock reached a holdings level of 187,532 BTC in less than 2 months.
⏺️ The future of Bitcoin looks very bright in the long run.
⏺️ Current Bitcoin Holdings:
🔷 MicroStrategy holds 193,000 BTC
🔷 BlackRock holds 187,532 BTC
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THIS IS THE REASON WE EXPERIENCED MARKET CRASH TODAY... An unknown wallet sold off their BTC mined since 2010 CHECK THE IMAGE FOR EVIDENCE!!! Don't not panic, the market will retrace back, I have been in crypto for so many years, this happens regularly. I advice my followers who are new to crypto to take a break from watching the market dump, come back tomorrow!! Your funds are not lost, they will retrace back.. stay safe!!!
🚀 Memecoin Masterclass: Turning $300k into $2M in 3 Months 🌐
🤑 Yep, you read it right. I've pocketed over $2M in the last three months, not by riding the $BTC or $ETH waves, but by diving deep into the world of memecoins: $ANALOS, $WIF , $MOG, $POPCAT, $MAGA, and $PEPE.
🧵 Here's a thread on how to find 1000X memes before they skyrocket. (Will delete soon!) 👇
🎲 To many, shitcoins seem like gambling, but if you master the art, it's the most profitable way to earn in crypto. All you need is to learn how to distinguish gems from true 💩.
🚨 Before diving in, remember these rules: - There are no stop losses, only invest what you're willing to lose. - Always have a target and cash out when it's achieved. - Never go all-in on one coin.
📈 Here's a guide on how to navigate the world of memecoins:
1/ ➮ Finding the Right Tokens: - Go to @dexscreener - Choose SOL or any chain of your choice. - Search for tokens with middle-low MC. - Look for meme/shit tokens with interesting ideas.
🌐 How to Buy: - Always minimize gas fees, especially with a small portfolio. - SOL is recommended due to crazy liquidity.
💡 Important Factors to Consider: - Vibe - Influencers shilling it - CEX listings - Amount of liquidity on its chain
💼 Check the Contract: - Verify the maximum wallet and transaction amounts. - Ensure the contract is renounced. - Check LP lock details.
👥 Check the Holders: - No wallet should hold a large portion of the total supply. - Team wallets may hold tokens for tokenomics purposes. - Question large percentages in wallets.
2/ ➮ Avoid Trading on DEXes: - Trading on DEXes can be slow with unfavorable prices.
3/ ➮ Join a Community and Connect with Influencers: - Finding a community and connecting with influencers is crucial, especially in the early stages.
🔥 Disclaimer: Any meme token is a Ponzi, so only invest if you're early. 👀🚀
Satoshi-Era Bitcoin Whale Suddenly Wakes up and Does Unthinkable.
In a dramatic turn of events, a dormant whale from the early days of Bitcoin has emerged from the depths of crypto history to make a monumental move.
Spot On Chain has reported that this ancient Bitcoin holder, who had been inactive for 14 years, startled the market by depositing a staggering 1,000 BTC to Coinbase. This haul, now valued at a jaw- dropping $67.1 million, was minted way back in 2010, when the price of Bitcoin was a mere fraction of its current value, indicating a potential profit of around $60 million.
This unexpected awakening coincided with Bitcoin's surge to an all-time high of $69,000, only to be swiftly followed by a sharp downturn. The subsequent market crash saw Bitcoin prices plummet by 14% to $59,000, triggering panic among traders. According to CoinGlass, over $1 billion worth of positions were liquidated within a mere 24 hours, with long positions accounting for a substantial $796.95 million of that figure.
The appearance of this ancient whale has long been regarded as a harbinger of market turmoil, often signaling a wave of selling and increased pressure. It seems history has repeated itself once again, casting doubt on the stability of the current bull market. The emergence of this whale raises questions about the potential presence of other dormant BTC holders, lurking in the shadows of crypto history.
As the cryptocurrency market continues to evolve from its humble beginnings into a multi-trillion dollar industry, the actions of these early adopters carry significant weight. The sudden resurgence of a Satoshi-era whale serves as a stark reminder of the unpredictable forces at play on the crypto landscape.
👉So guys now we are near 66500 after yesterday night crash
🛑Market update 👉After yesterday hurting by 10k crash like within few hour 69k to 59k a huge amount of trader liquidated 👉This was the huge liquidation which i have ever seen after 2022
👉Guys btc must go up towards 69k again 👉Because the thing which make it different from 2021 crash is that at that time only elon musk was supporting but now there are trillion dollar holder asset manager companies
👉 Thinking that btc will go to 35k is not possible because the company like greyscale ,blackrock and other etf holders they have invested huge amount untill they are in btc they will keep it above 50k because below 50k or 40k these companies will be in billion dollar loss which is not possible becuase they are here to earn profit they are not fool
👉Btc must need to find some strong support which it is finding near 63k and 65k 👉Taken support from 65k 2 times it pushes it back towards 67k which is good sign and following bullish trendline
👉But guys remember that there will be huge volatility like sudden dump and pump because market is still in the state of shock and fomo is also there
👉If you are in spot trading dont worry about it just hold it but in future trading please dont use leverage more than 20x try to keep your liquidation as low as possible 👉Most safest point is 55k and 59k
🛑So inshort btc is bullish but high volatile it will finally go again to 69k but my advise is to stay away from future trading of btc let the dirt settle first. next eth update
🛑 Important 👉So guys thanks to all who sending tips Now only 110$ are remaining from our tips target hope so someone send 100$ after that i will share my contact 👉 complete it soon ❤️
As you can see from the daily time frame yesterday’s closer was below the 66000 support. What this tells us is that if we retest the 66000 mark today it could mean it’s a break and retest scenario. At the moment we are sitting at around 66700 so if the daily candle close above the 66000 then it could mean another retest of the 69000 area. At this point and time it’s 50/50 as to where it will move and that is why i said earlier that we are in uncharted waters, simply because of the etf’s and of course of fomoing. Stay safe, DO NOT fomo in now and of course analysis is king!