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WHY IS A STRONGER USD BAD NEWS FOR BITCOIN? 🤔
Many folks are wondering why when the USD rises, BTC drops. It's pretty straightforward: When interest rates are high and the US economy is stable, investors tend to pull their funds from risky assets (Crypto, Stocks) to seek refuge in the USD.
The DXY index is hitting a crucial resistance level. At this rate, BTC is likely to face a "re-test" of lower price levels.
👉 Advice: If you're in profit, consider closing your position or setting a tight stop-loss. Don’t let your gains slip away just because you're overly optimistic about a reverse wave.
Be a disciplined investor! 🧠✨
#KienThucCrypto #MacroEconomy $SPCXB #BTC #USD
Many folks are wondering why when the USD rises, BTC drops. It's pretty straightforward: When interest rates are high and the US economy is stable, investors tend to pull their funds from risky assets (Crypto, Stocks) to seek refuge in the USD.
The DXY index is hitting a crucial resistance level. At this rate, BTC is likely to face a "re-test" of lower price levels.
👉 Advice: If you're in profit, consider closing your position or setting a tight stop-loss. Don’t let your gains slip away just because you're overly optimistic about a reverse wave.
Be a disciplined investor! 🧠✨
#KienThucCrypto #MacroEconomy $SPCXB #BTC #USD
ADA 0,1976 USDT NOT AUTOMATICALLY “CHEAPER” THAN BTC 65.201 USDT.
At 02:33 ICT, one ADA is priced at about 0,1976 USDT, while one BTC is about 65.201 USDT. But the price per unit only tells you how much you’re paying for a coin; it doesn’t, by itself, indicate total valuation or room for growth, because the circulating supply of each asset is different.
A 10% move is still 10%, no matter how many zeros there are. Before calling a coin “cheap,” look at market cap, circulating supply, liquidity, and the dilution schedule. Don’t let the tag price mislead your expectations. #KienThucCrypto $ADA $BTC
At 02:33 ICT, one ADA is priced at about 0,1976 USDT, while one BTC is about 65.201 USDT. But the price per unit only tells you how much you’re paying for a coin; it doesn’t, by itself, indicate total valuation or room for growth, because the circulating supply of each asset is different.
A 10% move is still 10%, no matter how many zeros there are. Before calling a coin “cheap,” look at market cap, circulating supply, liquidity, and the dilution schedule. Don’t let the tag price mislead your expectations. #KienThucCrypto $ADA $BTC
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