Crash in the American Stock Market and BTC doesn't even budge. We will probably have a 10% dip in BTC in seconds. Maybe not! A lot can happen by Sunday.
Brazilian Season started strong. With the large migration of people from Casinos and OB to Cryptos, the Brazilian meme coin market is reminding me of 2021. Who remembers?
Market on 02/13 (Possible launch of CZ on the BSC chain)
Today, some more important data from the North American region will be released, but the Memecoin market is anxiously awaiting CZ's post about his dog.
Binance has once again generated volume within its network (BSC). Therefore, for those who like high risk, trading meme coins, consciously and with information, has now become profitable.
But as I mentioned before, always with information.
What is the problem with high inflation? Well, it means that interest rate cuts may be interrupted. Therefore, demand for American fixed income tends to remain the same or even increase.
Those who are dollarized may have a great buying opportunity coming up. Let's be smart.
Inflation data is always important, after all, it dictates a lot of the decisions of the #fed. In other words, depending on the result, the market tends to choose its direction by pricing the next FED meeting that will take place in March.
What to do? Keep dollars in your wallet, even if the market goes up. Because, if it goes down, you are ready to get the best prices.
Today is supposed to be an important day for the crypto market in general. However, the market itself seems to be trying to find a strong support base.
As we know, $BTC rules the market and fortunately, or unfortunately, the one who rules BTC is the American Economy. After all, the big players and institutions are dollarized.
Therefore, I believe that until the US and the world as a whole stabilize, we will hardly have anything significant in the market. Unless manipulation like the one on the 6th.
Could I be wrong? FOR SURE! After all, if I knew everything about what was going to happen, I wouldn't even be writing this text now.
The market is at a standstill after #fed and #payroll , however, I see many saying that the market will collapse. Well, it may be true, after all, the FED is only in March, we have a long way to go until then.
Now speaking of another type of market, have you seen the memes on the $BNB network? After the launch of TEST, which was listed today on Binance's spot, several memes have started to rise since yesterday.
Those who follow me on other platforms have seen Dozens of Xs in various currencies. In the Test meso, it was 50x. The BNB Network market is insane even with the macro market completely dead.
A call made on the 7th at 9.5M, today it hit 450M.
The market remains the same after #fed. And yesterday's PayRoll data came out conflicting. In other words, the future of the market is completely uncertain.
I think that in March, at the next FED meeting, there will be an interest rate cut. However, I believe that our dreamed bull run will still take a while to happen.
But that's it, it is possible to make a lot of money before the bull run. Who saw the Binance token test? Those who bought it made a lot of money.
We continue to monitor the market and take advantage, both in the lows and in the highs.
Payroll days are always important. For those who don't know what Payroll is, it's nothing more than one of the most important data points in the North American economy, which mainly talks about employment in the US, the famous American dream.
Why is it so important? Well, basically it dictates a lot about the FED's next steps and, consequently, about the market worldwide, especially the cryptocurrency market.
Stay tuned throughout the day, a small variation in the numbers will have a positive or negative impact on the market.
Stay tuned for the US data tomorrow. It will have a big influence on the market in February. Some are talking about $BTC at 75k, others at 120k. What are your expectations?
Well, regardless of what happens, if it goes down, I'll buy more. Which ones? The ones that go down the most. Probably $SUI, $SOL , BNB.
Everything is going as we said, sideways and dead. This is reflected in both altcoins and nanocoins, a market that I trade daily and that pays my bills.
In addition to #fed , this happens because of the Chinese New Year, the market is always lukewarm, with nothing very intense happening.
What to do in these scenarios? Well, don't lose money in scams and, of course, take advantage of the dips that the market provides, as happened recently at $SOL , $ETH and $BNB
At first glance, especially for those who are just entering the crypto market, making money with cryptocurrencies seems like a distant prospect. Especially because, after the big dip in 2022, it was possible to buy $BTC below 20 thousand dollars, $BNB at 200$ in 2023. It seems like the opportunity has already passed! Or has it? Sure, BTC has already risen more than 5x since its dip in 2022, however, this bull run will be different from all the others. After all, in addition to ETFs, the president of the world's largest potential is pro-crypto.
The big Dip after #fed created some interesting things. First, the opportunity to buy $ETH extremely cheap. Second, BTC dominance rose exponentially, breaking the ATH of this cycle.
What does this mean? Well, with 60% Dominance, we can expect the market to be extremely lukewarm, as it has been for some time.
Therefore, it is always important to pay close attention to Bitcoin dominance. After all, for those who want to make money with Crypto. The higher the Dominance of $BTC , the less money will enter altcoins.
We are eagerly awaiting an Altcoin Season, especially since this will be the time to print money.