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The amount of Bitcoin (BTC) on exchanges has dropped to its lowest level since 2018 š. This indicator suggests that fewer people are willing to sell, as investors prefer to keep their BTC in private wallets š. This trend is seen as positive in the long term, because it limits the supply in the market, which could drive the price of BTC in the future š. In addition, this drop coincides with a growing adoption of Bitcoin and accumulation by large players š¦.
Source: Crypto Report.
#MarketDownturn
#Bitcoin!
#largoplazo
#BinanceTurns7
Source: Crypto Report.
#MarketDownturn
#Bitcoin!
#largoplazo
#BinanceTurns7
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Design a strategy
Before buying: Design a strategy
Investing in cryptocurrencies $BTC is not just about clicking and trusting luck. Having a solid plan is essential to reduce risks, as well as helping you identify the best time to acquire or sell your digital assets. These are the key steps to build your strategy:
1. Define your financial goals
Before making your first purchase, reflect on your reasons for investing:
Long-term savings: You might be looking to protect your capital against inflation.
Investing in cryptocurrencies $BTC is not just about clicking and trusting luck. Having a solid plan is essential to reduce risks, as well as helping you identify the best time to acquire or sell your digital assets. These are the key steps to build your strategy:
1. Define your financial goals
Before making your first purchase, reflect on your reasons for investing:
Long-term savings: You might be looking to protect your capital against inflation.
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Ada Cardano: The cryptocurrency that seeks to revolutionize finance
What is Ada?
* The currency of Cardano: Ada is the native cryptocurrency of the Cardano blockchain platform.
* More than a currency: It is used to make transactions, pay fees, and participate in the governance of the network.
Why is it important?
* Cutting-edge technology: Cardano uses a scientific and mathematical approach to build a more secure and scalable blockchain.
* Sustainability: It stands out for its efficient energy consumption and commitment to sustainable development.
* Growth potential: Many experts consider it one of the cryptocurrencies with the greatest future.
* The currency of Cardano: Ada is the native cryptocurrency of the Cardano blockchain platform.
* More than a currency: It is used to make transactions, pay fees, and participate in the governance of the network.
Why is it important?
* Cutting-edge technology: Cardano uses a scientific and mathematical approach to build a more secure and scalable blockchain.
* Sustainability: It stands out for its efficient energy consumption and commitment to sustainable development.
* Growth potential: Many experts consider it one of the cryptocurrencies with the greatest future.
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While some cry and others despair, I just keep my assets $PEPE in Earn, to earn even more, and buy 1 dollar in Pepe per day. In this world of cryptocurrencies, anything can happen: it can go up or down. But I am confident in this meme. Some say the hype of #PEPEā has already passed, but I believe it has barely begun. I intend to sell my assets only in 5 years, but what if it drops? Then I would lose money that I could spend on nonsense daily. But what if it goes up and cuts off two zeros? Then I will become rich, to the point where I won't worry about prices. My life will be peaceful, as I won't have to worry about work; I will just make my money work for me. Every day is a new chance to start over...
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$BTC
Image 1 TF Weeklyš»
Strong rejection in a high liquidity area added to the upper part of a long-term channel that I am seeing.
The btc ETF was the famous news sell.
š„my analysis is that I expect it around USD 30,000-28,000
image 2 TF Diary š»
There are areas where there could be some possible rebounds to monitor, I leave them marked
š„first zone between 38200-36800
second daily points to monitor 35,755 and 33,900
š„In case we lose this last level, the 33900, I do not rule out a visit to the 28500, I have several confluences there. to follow the movement.
šIn what case could these bearish options be invalidated?
to get back into the daily range that is around 40,200 and break the structure.
#btc #Crypto #espaƱol #largoplazo #BinanceSquare
Image 1 TF Weeklyš»
Strong rejection in a high liquidity area added to the upper part of a long-term channel that I am seeing.
The btc ETF was the famous news sell.
š„my analysis is that I expect it around USD 30,000-28,000
image 2 TF Diary š»
There are areas where there could be some possible rebounds to monitor, I leave them marked
š„first zone between 38200-36800
second daily points to monitor 35,755 and 33,900
š„In case we lose this last level, the 33900, I do not rule out a visit to the 28500, I have several confluences there. to follow the movement.
šIn what case could these bearish options be invalidated?
to get back into the daily range that is around 40,200 and break the structure.
#btc #Crypto #espaƱol #largoplazo #BinanceSquare
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