Binance Square

crush

6,844 views
8 Discussing
MarsNext
--
💥💥💥 2 key #bitcoin☀️ metrics signal steady bull cycle — 'No bubble' in sight Bitcoin’s current price action shows strong bullish momentum despite not reclaiming its March all-time high, according to CryptoQuant researcher Axel Adler. He points to two key metrics: the bubble vs. crush market structure score and the MVRV-Z score, both indicating a healthy market with no signs of a major correction. 1. No Bubble: The #Bubble vs. #crush score is at 1.02, suggesting Bitcoin is not in a bubble. This score is much lower than during the all-time high of $73,679, where it indicated a bubble at 1.5. 2. Minimal Overvaluation: The MVRV-Z score, a measure of Bitcoin’s overvaluation, is slightly above its annual average at 1.8, indicating only minimal overvaluation. This suggests the market remains bullish as long as the score stays below extreme levels. 3. Trader Insights: Traders note Bitcoin’s extended consolidation period as typical for the phase before and after a halving event. Some, like Rekt Capital, believe Bitcoin is poised to reclaim its post-halving accumulation range, signaling potential for future gains. Source - cointelegraph.com #BinanceSquareBTC #bitcoinnewsupdate
💥💥💥 2 key #bitcoin☀️ metrics signal steady bull cycle — 'No bubble' in sight

Bitcoin’s current price action shows strong bullish momentum despite not reclaiming its March all-time high, according to CryptoQuant researcher Axel Adler. He points to two key metrics: the bubble vs. crush market structure score and the MVRV-Z score, both indicating a healthy market with no signs of a major correction.

1. No Bubble: The #Bubble vs. #crush score is at 1.02, suggesting Bitcoin is not in a bubble. This score is much lower than during the all-time high of $73,679, where it indicated a bubble at 1.5.

2. Minimal Overvaluation: The MVRV-Z score, a measure of Bitcoin’s overvaluation, is slightly above its annual average at 1.8, indicating only minimal overvaluation. This suggests the market remains bullish as long as the score stays below extreme levels.

3. Trader Insights: Traders note Bitcoin’s extended consolidation period as typical for the phase before and after a halving event. Some, like Rekt Capital, believe Bitcoin is poised to reclaim its post-halving accumulation range, signaling potential for future gains.

Source - cointelegraph.com

#BinanceSquareBTC #bitcoinnewsupdate
The last #crush in the beginning of the first month of 2024 was a serious blow as many tokens are still struggling to regain their support.
The last #crush in the beginning of the first month of 2024 was a serious blow as many tokens are still struggling to regain their support.
--
Bullish
--
Bearish
There's a real smell of burning in the crypto market. The media is starting to talk about Bitcoin, many new players are entering the market, and a friend asked me yesterday, 'Do you think it's a good idea to invest in Ethereum?' That's when I knew it was time to start getting out of the market. So, here's my opinion, the same one I gave to him and applied to myself: it's not the right time to enter the market. I've sold 60% of my altcoins, and I'll continue if the market keeps heading in this direction. Everything is moving too fast, too strong, everyone is making money: too many people are making money. There will soon be a huge crash in the market and a lot of players will exit, probably a -25% or -30% on Bitcoin, and a -40/-50% on altcoins. It hurts, it's tough, but it's necessary. What I recommend: sell a reasonable portion of your altcoins, place buy orders at lower levels, and wait. This moment is not far away at all. This post reflects only my opinion. Thank you for reading. If you liked it, don't hesitate to like, comment, and share my post: it helps me a lot. Feroz shah.#BTC #crush #HotTrends #HotTrends
There's a real smell of burning in the crypto market. The media is starting to talk about Bitcoin, many new players are entering the market, and a friend asked me yesterday, 'Do you think it's a good idea to invest in Ethereum?' That's when I knew it was time to start getting out of the market.
So, here's my opinion, the same one I gave to him and applied to myself: it's not the right time to enter the market. I've sold 60% of my altcoins, and I'll continue if the market keeps heading in this direction.
Everything is moving too fast, too strong, everyone is making money: too many people are making money. There will soon be a huge crash in the market and a lot of players will exit, probably a -25% or -30% on Bitcoin, and a -40/-50% on altcoins. It hurts, it's tough, but it's necessary.
What I recommend: sell a reasonable portion of your altcoins, place buy orders at lower levels, and wait. This moment is not far away at all.
This post reflects only my opinion.
Thank you for reading.
If you liked it, don't hesitate to like, comment, and share my post: it helps me a lot.
Feroz shah.#BTC #crush #HotTrends #HotTrends
PEPE/USDT
Buy
Price
0.00001188
See original
On the path of market destruction, accept this truth, the later you realize it, the greater the loss. You might be thinking that suddenly tomorrow there will be a 10% pullback that will cover the loss! While you are thinking this, your portfolio has already lost 80%. #Crush
On the path of market destruction, accept this truth, the later you realize it, the greater the loss.

You might be thinking that suddenly tomorrow there will be a 10% pullback that will cover the loss! While you are thinking this, your portfolio has already lost 80%.

#Crush
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number