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The latest Messages 9
2023-05-15 09:02:34
#Bitcoin Update (Continue)
Bitcoin's weekly candle closed in the red, indicating a negative price movement for the week.
The price of Bitcoin experienced a bounce from the $25,777 level, which acted as a resistance point.
Currently, the $25,300 level is functioning as a significant support level for Bitcoin.
A break below the $25,300 support level has the potential to initiate a bearish trend in Bitcoin's price.
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374 views06:02
2023-05-14 22:40:07
JUST IN:
Jim Cramer says an "economic wave is about to hit that will be fantastic for investors."
449 views19:40
2023-05-14 15:07:01
Bitcoin Fear and Greed Index is 48. Neutral
Current price: $26,837
524 views12:07
2023-05-14 08:53:54
One million addresses now hold more than 1 #BTC.
578 views05:53
2023-05-13 12:59:52
607 views09:59
2023-05-13 09:12:44
#Bitcoin Update (Continue)
Bitcoin's value fell below $26,000 and hit a low near $25,800.
However, it regained its position above $26,500.
Bitcoin's trading volume remains low.
There is a possibility of another price drop if it Continues to follows the head and shoulder pattern.
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591 views06:12
2023-05-13 06:46:38
What to Expect if BTC Dominance Falls Below 40%
BTC dominance has been ranging for more than two years and is currently testing the range high as resistance. If BTC dominance falls below 40%, it could spark an altcoin season.
Key levels to watch for in BTC dominance are support at 45% / 40% and resistance at 48% / 55% / 59%. If BTC dominance is rejected from 48%, we could see another altcoin season. If it breaks upward from 48%, we can expect another bloodbath in altcoins.
If BTC dominance falls below 40%, we can expect a significant shift in the cryptocurrency market, with many altcoins experiencing significant gains against BTC.
However, it's crucial to keep in mind that investing in altcoins carries risks. Always do thorough research before making any decisions and keep a close eye on BTC dominance levels to be prepared for any potential market shifts.
757 views03:46
2023-05-13 06:45:29
Currently, 4.3M Long-Term Holder coins are held at a loss, equivalent to 22.2% of the circulating supply
423 views03:45
2023-05-13 06:45:03
Tips for #Crypto Trading
Always study the project before investing.
Check the hourly, daily, and weekly charts for trends.
Make trading decisions based on your analysis.
Start with investing 30-40% of your funds.
Always use a stop loss to minimize losses.
Avoid trading in highly volatile coins.
Don't make trading decisions based on false HYIP (High-Yield Investment Programs) influence.
Always Do Your Own Research (#DYOR) before investing.
Happy trading!
431 views03:45
2023-05-12 21:11:25
173 views18:11