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Shinoda21
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Shinoda21
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The RSI offers additional insight into the market’s momentum by measuring the size of Bitcoin price moves to determine whether it's overvalued or undervalued. Market traders use the RSI as a momentum indicator to identify overbought or oversold conditions and to decide whether to accumulate or sell an asset. Readings above 50 and an upward trend indicate that bulls still have an advantage, whereas readings below 50 suggest the opposite. According to the RSI, In the 1 Week time frame, Bitcoin is currently trending bearish with the actual RSI reading at 0.00. The 50 line could provide resistance if the indicator returns to it.$BTC
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The FTX disaster is basically a textbook case on why you should never mix customer funds with your own operations unless you’re running a hedge fund (and even then it’s risky). If you’re thinking about starting a crypto trading service or something similar, take notes! One major takeaway? Transparency is key! New exchanges need to have solid systems in place for risk management and customer asset segregation — otherwise they might find themselves going down the same road as FTX. As for the actual impact of this $16 billion payback? Don’t hold your breath waiting for prices to skyrocket overnight. Most likely we’ll see a slow trickle back into the market over time — which means new exchanges better be ready for whatever wild ride investor sentiment decides to take next! In conclusion: The approval of FTX’s reorganization plan isn’t just another footnote in crypto history; it’s setting some serious precedents about how exchanges should operate (and prepare!) going forward.#FTXrepayment
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Initially I hoped to be able to make money from crypto with a fairly small capital but it turned out that I found many things here, Knowledge in the cryptocurrency world is very expensive •Technical and fundamental analysis •Risk management •Trading strategies •Blockchain and related technologies •Government regulations and policies Honestly, this all makes me quite frustrated, But I won't give up just like that, because I believe that by continuing to move forward, we are one percent better than yesterday.!!! #BinanceAlphaAlert #MarketRebound
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oke thank you brother
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Can I make two purchases to open a position in the same coin? My initial purchase is still stuck and I'm still holding on in this coin.?
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