SURETIPS:Learn and unlearn to earn 1: Learn to unlearn to earn, Be determined and proactive, Be patient and consistent, Do Research, don't FOMO/FUD. ALL IS WELL
All the excitement about the Bitcoin Havling and now what?! NOTHING!
This phase, I call the BORING PHASE - and the most difficult of all the Phases (Okay Profit Taking Phase is probably the most difficult but that is another post for another day).
In the Boring Phase, NOTHING happens, everything is just stagnant; BTC is ranging, entire market is choppy and sideways- No break to the UPside nor to the Downside.
Your ALTs are still dancing at the bottom after being halved by the recent dump. Few Memecoins are pumping but nothing major for the entire market to be excited about.
YOU HAVE ONE Single job in the BORING Phase - DO NOTHING! Don't get shaken out, don't panic, don't fret! Stay focused. In a few weeks to months, you will wake up and will not believe your eyes.
Of course if you have some stables DCA into your high conviction plays and leave some stables on the side for any new opportunities or should any news, push the market a little lower.
You survived the biggest Altcoin crash of the year, last week, You have made it. DO NOT get emotional nor impatient, we are about to get rich beyond our wildest dreams!
FOCUS on the next 9-12 Months! That is your ONLY job.
$BTC #BullorBear #BinanceLaunchpool Bitcoin halving is just a couple of weeks ahead and the #1 crypto asset is under selling pressure struggling to maintain $66K which is a bit hard to digest. Here's what to expect: 1. Sharks and whales are awaiting people to sell low. They're playing with their nerves by spreading negative news like 30,000 BTC is being sold which is a joke. 2. BTC may plunge further down to $62.8K increasing pressure on weak investors and traders to sell BTC and then comes a big rally. 3. All halving events start in red, go sideways and then boom. The drama may end any time and you will get a surprise just after selling BTC. Remember : No technical correction is needed now!
#BullorBear #BinanceLaunchpool #Memecoins $SOL $ETH $BTC Take some time to apprehend Cryptocurrencies then apprehend buying and selling robots you'll forestall complaining.
even the automated automobile comes with breaks and guidance wheel. 👌
#BinanceLaunchpool #BullorBear #Memecoins $BTC $ETH $BNB Suretips of Learn then Earn ''''Take it slow to recognize Cryptocurrencies then recognize buying and selling robots you'll forestall complaining''''.
_even the automated automobile comes with breaks and steerage wheel_. 👌
🔑 The 200-day EMA remains critical in preventing an extended fall.
🔑 BTC needs to maintain $69,000 key support, to continue the upward movement.
DETAILS
Despite a prevailing bullish thesis on the big picture, the market is currently leaning in favor of the downside after the BTC RSI slipped below the 50 mean level. The Awesome Oscillator (AO) indicator is also accentuating what is seen with the RSI, pointing to falling momentum.
If Bitcoin price breaks support offered by the 200-day Exponential Moving Average (EMA) at $65,556, which has been critical since October, the fall could extend to the $60,800 level.
Notice the hidden bearish divergence on the BTC chart, seen with the RSI recording lower lows whilst the Bitcoin price records higher lows. This increases the chances for further downside if a full reversal emerges.
If the 200-day EMA holds as support, it would guarantee a rebound in Bitcoin price toward the upside. A flip of the $69,000 threshold into support would signal more buy orders, increasing the odds for further upside. The first target in such a directional bias would be to reclaim the $73,777 peak before a chance to record a new peak above the $74,000 range.
I wish to have a heart to heart talk with members of this page.
Remember I told you, if you give up Crypto this year, your story is like the story of the gold miner⛏️ and a parcel of land . When he was almost there, he gave up.
Give Crypto more attention this year. It has the finance for your dreams.
$BTC $ETH $SOL #BullorBear #BullorBear #Memecoins Don't let the mistakes of yester-years to make you conclude that the system is not working.
A second trial can change the game. Every professional once made mistakes but they kept fine tuning until perfection. We are not different either. You can't compare our performance in 2021 with what we have now. We have also fine tune our skills.
You can have same result too only on the ground that you don't quit ```
About 100 days left until the Bitcoin Halving in April 2024
Historically, any deeper retraces that occur during this period tend to generate fantastic Return On Investment for investors in the several months after the Halving
Could this retrace be a result of hype and speculation surrounding the Bitcoin ETF finally being resolved? That means a deeper retrace could occur within the upcoming two months or so, between now and early March
This upcoming two month period will be crucial as any retrace during this period will likely represent the final bargain-buying opportunity for Bitcoin
2. Pre-Halving rally
Then ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)
In anticipation of the Halving, investors “Buy the Hype” in an effort to “Sell the News”
Short-term traders and speculators “Buy The Hype” several weeks before the Halving in anticipation of making a profit from this hype-fuelled rally
Then these speculators “Sell The News” to realise that profit, contributing to a Pre-Halving retrace which occurs only a handful of weeks before the Halving event itself
3. Pre-Halving retrace
A Pre-Halving retrace tends to occur around the Halving event itself (dark blue circle)
In 2016, this Pre-Halving retrace was -38% deep
In 2020, this Pre-Halving retrace was -20% deep
This Pre-Halving retrace can last multiple weeks, making investors question whether the Halving was a bullish catalyst on price after all
4. re-accumulation
Pre-halving retracement is followed by months of re-accumulation (red)
Many investors feel anxious at this stage due to boredom, impatience, and disappointment over not getting significant results from their BTC investments right after the halving.
5. Parabolic uptrend
Once Bitcoin breaks out of the reaccumulation region.
At this stage, Bitcoin is experiencing accelerated growth to new all-time highs.$BTC $
#$BTC $ETH $SOL #Memecoins #BinanceLaunchpool #BullorBear #BinanceLaunchpool #BullorBear ```This should be the right mindset of a trader. As much as you want to make profit, always prepare for the worst(Risk Mgt.) That's where you risk management comes in. Once you are prepared for the worst before executing your trades, you will not care when market crashes📉. ```
#BinanceLaunchpool $BTC #BinanceLaunchpool #Memecoins #BullorBear $ETH *Bitcoin Halving FOMO and GREED" Waiting for a drop earlier than halving ! 🔺 Friends, I determined a sample for you. Now many marketplace gamers are expecting the halving, considering that after it the fee of BTC will maximum probably start to upward thrust rapidly. But many do now no longer don't forget one point. 🔎 The historic BTC chart really indicates that 1-2 months earlier than the halving, Bitcoin frequently corrected to - 60% of the peak, after which additionally speedy grew to the preliminary values. Given extra proof that Bitcoin has corrected through a median of 20% in 2023, the modern drawdown of 17% turned into the anticipated decline for Bitcoin in advance of the approaching robust bull run. • The maximum crucial element to comprehend is that localized drawdown can be the closing excellent threat to go into the cryptocurrency at excellent costs earlier than the energetic boom segment begins. However, no person can expect the give up of the correction, so it's far higher to spend money on installments, so that you gets a higher common access point.
#BinanceLaunchpool #BullorBear #BinanceLaunchpool #Memecoins #BullorBear $BTC $ETH $BNB DON'T FOMO Indeed, Bitcoin halving events have historically been associated with increases in Bitcoin's price due to the reduction in the rate of new supply entering the market. This scarcity, coupled with sustained demand, can contribute to upward price pressure. Additionally, the anticipation and aftermath of halving events often fuel speculative interest and investor FOMO, further bolstering prices.
However, it's important to note that past performance is not indicative of future results, and the cryptocurrency market is highly volatile and subject to various external factors. While the historical trend of Bitcoin price increases following halving events is notable, it doesn't guarantee the same outcome in the future. It's essential for investors to conduct thorough research, assess market conditions, and consider their risk tolerance before making investment decisions.
1. Day Traders: They buy and sell cryptocurrencies within a single trading day, aiming to profit from short-term price fluctuations.
2. Swing Traders: These traders hold cryptocurrencies for a few days to weeks, aiming to profit from price swings or trends.
3. Long-term Investors: They buy and hold cryptocurrencies for an extended period, often based on fundamental analysis, anticipating significant future value appreciation.
4. Hodlers: Hodlers are long-term investors who buy and hold cryptocurrencies regardless of short-term price fluctuations, often driven by a belief in the long-term potential of the technology.
5. Algorithmic Traders: These traders use automated trading algorithms to execute trades based on predefined criteria, such as price movements, trading volume, or technical indicators.
6. Arbitrageurs: They exploit price differences of the same cryptocurrency on different exchanges, buying low on one exchange and selling high on another to profit from the price gap.
7. ICO Investors: Investors who participate in Initial Coin Offerings (ICOs) by purchasing tokens issued by new blockchain projects, hoping for significant returns if the project succeeds.
8. ICO Flippers: They participate in ICOs to buy tokens at a lower price during the offering and sell them shortly after they are listed on exchanges, aiming to profit from the initial price increase.
9. Venture Capitalists: Institutional or high-net-worth investors who invest in blockchain startups and projects directly, often in exchange for equity or tokens.
10. Copy Traders: These investors replicate the trades of successful traders by using social trading platforms or following their strategies manually.
1. FOMO- Fear of missing out 2. DYOR- do your own research 3. NFA - Not a financial advice 4. HODL -hold your bag no matter the volatility of price (hold on for dear life) 5. FUD- Fear, uncertainty and doubt 6. KYC- know your customer 7. WAGMI- we all gonna make it 8. POW- proof of work 9. ATH- all time high 10. ATL - all time low 11. HH- higher high 12. LL- lower low 13. BTD- buy the dip 14. P2P- peer to peer 15. POS- Proof of stake. 16. TA- technical analysis 17. FA- fundamental analysis 18. 2FA- 2 factor authenticator 19. Dapp- decentralized application 20. ALT- alternative coins other than btc 21. CMC- coin market cap 22. CEX- centralized exchange 23. DEX- Decentralized exchange 24. DCA - Dollar cost average 25. JOMO- Joy of missing out 26. TLT- think long term 27. AMA- ask me anything 28. PnL - profit and loss 29. ROI- return of investment 30. TP- Take profit 31. SL- stop loss 32. TBA- To-Be-Announced 33. KOL- Key Opinion Leader 34. Degen- Someone who recklessly apes and invests into Crypto projects risking high volatility 35. Chad- someone very successful in crypto trading, making gains and results 36. Smart Money- Money moved and traded by intelligible and smart investors. 37. Ape in- to get into a crypto trade, call or investment 38. Shill - to promote aggressively or by opportunity a crypto project or token usually on X 39. Fade- to ignore a crypto project or airdrop call 40. Moon- to pump a crypto project, usually depicts that price is going to rise 41. Dump- to empty all your crypto bags at a particular price point 42. Bag- to buy a particular crypto 43. SBS- SLOW BUT SURE
🔑 BTC needs to maintain $69,000 key support, to continue the upward movement.
DETAILS
Bitcoin price sits above the $69,000 threshold, but this support is not solid amid rising bearish pressure. The subdued Relative Strength Index (RSI) indicates this, signifying falling momentum. Nevertheless, the bulls maintain a strong presence in the BTC market, as seen with the sustained series of green histograms of the Awesome Oscillator (AO) and the Moving Average Convergence Divergence (MACD).
Increased bullish momentum could send Bitcoin price further north, potentially as high as to reclaim its $73,777 peak. Clearing this blockade could set the tone for BTC price to foray into the liquidity zone between $74,000 and $75,000.
However, if the bears can haul BTC to close below the $69,000 threshold on the 12-hour time frame, it could encourage more sell orders. An extended fall could see Bitcoin price find support due to the 50-day Simple Moving Average (SMA) at $67,627.
In a dire case, the pioneer cryptocurrency could roll over to find support at $61,701, or worse, extend a leg south to $59,224 before the bulls can scale a recovery.
A további tartalmak felfedezéséhez jelentkezz be
Fedezd fel a legfrissebb kriptovaluta-híreket
⚡️ Vegyél részt a legfrissebb kriptovaluta megbeszéléseken