Liquidity $BTC is currently in both directions. RSI is in the neutral zone. Volume has decreased significantly. The market is sideways waiting for news, taking a break for the weekend š In the past few days, with my financial experience, I correctly predicted a slight increase in the unemployment rate in the US and that the Fed would keep interest rates unchanged, based on the market volatility assessment caused by Trump imposing counter tariffs leading to global turbulence. And I still maintain my prediction from last night, that prices will recover after Powell's speech and then reverse downwards.
Let's share in the comments below, exchange experiences + opinions in a fun and comfortable way so everyone can learn from each other and gain additional perspectives!
The only question is about its magnitude; the current debate revolves around 0.25% and 0.5%, with the latest data from CME Group's FedWatch tool showing a higher probability for the latter.
With Bitcoin, the picture is quite complex ā while risk assets should benefit from the additional liquidity flow due to easing policies, observers have compared it not to the golden era, but to previous recessions.
Although rate cuts seem positive, they indicate deeper concerns such as declines in borrowing, spending, and investment,ā financial analyst and investor Jacob King, CEO of the crypto newsletter WhaleWire, shared with followers on X last weekend.
King specifically mentioned the 2008 global financial crisis as the elephant in the room.
āTodayās warning signs are similar to those of 2008: rising unemployment, a decline in new home starts, falling real estate sales, and decreasing economic activity. Even the Fed's interest rate chart looks similar to 2007,ā he concluded.
Additionally, other analysts are seeing a close correlation of Bitcoin with the increasing global liquidity situation as a basis for optimism.
Famous trader Rickus is among those preparing for BTC's bullish response. In his analysis on X, he stated:
The digital currency, which reached an all-time high of $108,000 earlier this week, has faced a significant downturn, trading below $93,000 around 7 AM ET on Friday, down from 24 hours prior. The rapid decline occurred amid an increasingly cautious financial market, with investors retreating from more speculative investments. The recent peak in Bitcoin's value marked a significant milestone for cryptocurrency, but the subsequent active sell-off illustrates a volatile environment for risk-driven assets. The drop in Bitcoin's price aligns with a broader trend of investor uncertainty, as the market reacts to various economic pressures and future forecasts. As the market enters the weekend, investors and market watchers will closely monitor Bitcoin's performance for signs of stability or further volatility. The recent fluctuations in cryptocurrency serve as a reminder of the potential risks associated with investing in digital assets, which can experience significant price volatility in a short period of time.$BTC
#BTCNextMove Some factors that can affect whether Bitcoin recovers or not:
* News: News about regulations, Bitcoin acceptance by governments, major events in the industry... can strongly affect the price of Bitcoin.
* Market emotions: Investor psychology, FOMO (fear of missing out), FUD (fear, uncertainty) can all push the price up or down.
* Other currencies: The volatility of other cryptocurrencies also affects Bitcoin.
* Macro factors: Global economic events, interest rates, monetary policies... can all affect the cryptocurrency market.
To make investment decisions, you should:
* Closely monitor the market: Update news regularly, analyze charts.
* Do not make emotional decisions: Do not let FOMO or FUD influence your decisions. * Diversify your portfolio: Don't invest all your money in Bitcoin, allocate your capital to other assets. * Learn about Bitcoin: Understand the technology and how Bitcoin works before investing.$BTC
#MarketCorrectionBuyOrHODL Is Coin BNB gaining momentum? Impact from legal decisions ⢠Legal and regulatory factors have always been important for BNB and other cryptocurrencies. If there are additional legal actions or new regulations from agencies like the SEC (Securities and Exchange Commission), major countries will affect the value of BNB. If the regulations are favorable, BNB could experience strong growth; conversely, if there is strong intervention, the price may decrease.
Momentum from Binance ⢠Binance continuously improves and develops its ecosystem. Improvements in the trading platform, the expansion of services such as Binance Launchpad, Binance Smart Chain (BSC), or promotional programs can positively impact the development of BNB. BNB can also be used in fee reduction transactions or to participate in new projects on the Binance platform, creating growth momentum.
Growth of Binance Smart Chain (BSC) ⢠Binance Smart Chain has become a competitor to Ethereum, and the development of projects on BSC can create strong demand for BNB. Transactions within the BSC ecosystem use BNB, so the growth of DeFi applications, NFTs, or BSC-based tokens can lead to an increase in the value of BNB.
General cryptocurrency market situation ⢠The price of BNB is always closely related to the overall trend of the cryptocurrency market. In recent weeks, if the cryptocurrency market trends towards recovery from a strong downturn, BNB may benefit from this recovery. However, if the market corrects, BNB may also be negatively affected. $BNB
$BTC Understanding the RSI Indicator RSI (Relative Strength Index) is a technical indicator used to measure the strength of price trends of an asset, in this case, Bitcoin. RSI values range from 0 to 100, with important levels often noted as: ⢠RSI > 70: Warning that the asset is āoverbought,ā meaning the price may correct or decrease. ⢠RSI < 30: Warning that the asset is āoversold,ā meaning the price may recover or increase.
RSI Analysis of Bitcoin (Assuming the current state is around 60-70): 1. If RSI is above 70: This may indicate that Bitcoin is in a strong upward trend and may be overbought, creating a risk of short-term correction. Investors may need to be aware of the possibility that the market will ācool offā and the price may drop in the coming days. 2. If RSI is below 30: This suggests that Bitcoin may be in an oversold state and may be preparing for a recovery. If the price drops sharply and RSI falls below 30, the market may reverse, and Bitcoin could rise again. 3. RSI around 50-60: If Bitcoin's RSI is within this range, it indicates a balance between buying and selling pressure, and the market may not experience significant changes in the short term. This is a phase where the market is moving sideways or searching for a new direction. #BTCā
Some notes I often analyze according to H4 * Candlestick patterns: Identify candlestick patterns such as hammer, morning star, reversal candles... to predict short-term trends. * Support and resistance levels: Determine important price levels where the price may bounce back or break through. * Technical indicators: Use indicators like RSI, MACD, Bollinger Bands... to confirm trends and look for buying and selling points. * Trading volume: Assess the strength of the trend through trading volume. * Market news: Monitor news related to Bitcoin and the cryptocurrency market to make more informed trading decisions.
#MajorAirdropWatch $BTC The Consumer Price Index (CPI) has a significant impact on Bitcoin and the cryptocurrency market in general. Here are some of the ways that CPI impacts Bitcoin: * Monetary policy: CPI is an important indicator that central banks like the US Federal Reserve (Fed) use to decide on monetary policy. When inflation (measured by CPI) is high, the Fed often raises interest rates to slow down the economy and curb inflation. Conversely, when inflation is low, the Fed can lower interest rates to stimulate the economy. * Interest rates: Changes in interest rates decided by the Fed have a direct impact on the value of Bitcoin. When interest rates rise, investors often move from risky assets like Bitcoin to safer assets like bonds. This can reduce the value of Bitcoin. Conversely, when interest rates fall, investors tend to look for higher-yielding investment channels, including Bitcoin, pushing up the price of Bitcoin.
* US Dollar: Bitcoin is usually traded in US dollars. When the value of the US dollar increases relative to other currencies, the price of Bitcoin usually falls because holders of other currencies have to exchange more dollars to buy Bitcoin. Conversely, when the value of the US dollar decreases, the price of Bitcoin usually increases.
* Uncertainty: When there is economic instability, such as high inflation or slowing economic growth, investors often look for safer assets. This can lead to a sell-off of Bitcoin and other risky assets. When there is CPI news, you should pay attention
#BTCā Important Points to Note When Trading When participating in the stock market, traders need to have a firm grasp of certain knowledge and skills to increase their chances of success and minimize risks. Here are some important points to note: Basic Knowledge * Understand the market: Learn about different types of markets (stocks, forex, commodities), key indices, and factors affecting the market. * Master key concepts: Stocks, bonds, investment funds, leverage, margin, ... * Technical and fundamental analysis: Learn how to read and analyze charts, use technical indicators, and understand macroeconomic factors affecting the market. Building a Strategy * Set clear goals: Determine profit objectives, acceptable risk levels, and investment timeframes. * Choose a trading style: Decide whether to trade short-term, medium-term, or long-term based on your personality and capabilities. * Build a detailed trading plan: Include rules for entry, exit, capital management, stop-loss, and take-profit. Risk Management * Allocate capital wisely: Avoid putting too much capital into a single trade. * Set stop-loss orders: Limit losses when the market moves against your prediction. * Monitor positions regularly: Be ready to adjust the plan when necessary. Psychology * Control emotions: Avoid allowing emotions (greed, fear) to influence trading decisions. * Maintain an objective attitude: Assess the market situation objectively, avoiding influence from rumors. * Continuous learning: Always update knowledge and experience to improve trading skills.
Why did Bitcoin crash? The price of Bitcoin is highly volatile and can drop suddenly due to various factors. Here are some main reasons: * Negative news: Bad news about regulations, fraud, or global economic instability can cause panic and mass sell-offs, leading to a sharp decline in Bitcoin's price. * General market crash: When the stock market or other financial markets decline, investors often pull money out of risky assets like Bitcoin to seek safe havens, putting downward pressure on prices. * Liquidation of positions: When many investors use leverage to trade Bitcoin and the price falls below a certain level, exchanges will be forced to liquidate their positions, creating a sell-off spiral and pushing prices down further. * Bubble burst: Like any other investment asset, Bitcoin can also form a price bubble. When the bubble bursts, the price will drop sharply and may take a long time to recover. * Competition from other cryptocurrencies: The emergence of new cryptocurrencies with more attractive technology and features can draw investment away from Bitcoin, putting downward pressure on prices. Note: The cryptocurrency market is highly volatile and unpredictable. Investing in Bitcoin carries high risks and is not suitable for everyone #squareAwards #BTCā
$BTC #BTCā When entering the bitcoin market, you should * Always stay updated: The cryptocurrency market is constantly changing. Risk factors: * Government policies: Regulations on cryptocurrencies can change. * New technologies: The emergence of new technologies can affect Bitcoin. * Competition: Other cryptocurrencies may compete with Bitcoin. Advice: * Continuously learn: The cryptocurrency market is always changing, you need to keep learning to make the best decisions. * Be patient: Investing in cryptocurrencies is a long-term game. * Donāt listen to rumors: Do your own research and make your own decisions. Do you want me to analyze a specific aspect of Bitcoin further? For example: * Comparing Bitcoin with other cryptocurrencies * Analyzing specific technical indicators * Evaluating the impact of recent news However, let me reiterate that this is just an analysis based on current data and not investment advice. Wishing you success!
š„ 600M GMT Buyback and BURNGMT Initiative: Confidence and Strength Unveiled! š
#BURNGMT
The **BURNGMT Initiative** is a groundbreaking event in the crypto world, showcasing the unwavering confidence and strength of the GMT team. With 600 million GMT tokens set to be burned, letās dive into why this initiative is a game-changer! š
### **Why Join the BURNGMT Initiative?** šø **Massive Buyback:** The team repurchased 600 million GMT tokens worth **$100 million**! These include early advisor, team, and investor allocations yet to be unlocked. š„ **Token Burn:** By voting, you can be part of burning these tokens, directly impacting the ecosystemās future.
### **GMT Ecosystem: Innovation at Its Core** GMTās ecosystem is thriving with cutting-edge products and partnerships. From its seamless blockchain solutions to collaborations with globally recognized brands, the ecosystem is built for long-term growth and user satisfaction. šāØ
### **How Does the Voting Burn Mechanism Work?** š **60-Day Lock:** Once you vote to burn, your tokens are locked for **60 days**. This lock signifies a commitment to reducing token supply and increasing value. š **Reward Pool:** A whopping **100 million GMT reward pool** awaits participants, offering a lucrative incentive for those who join the initiative.
### **The Impact of Burning 600M GMT** š” **Tokenomics Boost:** Burning 600 million GMT reduces the circulating supply, creating scarcity and potential value appreciation. š **Redistribution:** A healthier token distribution strengthens the ecosystem and builds investor trust. ā” **Community Power:** This burn mechanism empowers the GMT community, making everyone a stakeholder in the projectās success.
### **How to Participate in the BURNGMT Initiative** 1. ā Hold GMT tokens in your wallet. 2. š Visit the official BURNGMT voting platform. 3. š³ļø Cast your vote to burn tokens. 4. š Enjoy rewards and contribute to a stronger GMT ecosystem!
### **Final Thoughts** The **BURNGMT Initiative** is your chance to shape the future of GMT while reaping significant rewards. This bold step by the team demonstrates their commitment to transparency, growth, and the community. Donāt miss this opportunity to be part of something revolutionary! š
š **Love this content? Smash the like button, share it with your friends, and follow for more insights! Together, letās ignite the crypto revolution!** š
The overall circulating supply of OG is just 4.1 millions and itās total supply is 5 millions. Currently itās fully diluted market cap is merely $29.6 millions. Imagine itās market cap jump to $60 millions, which is quite easy for a coin listed on binance. Itās price will become double, mean $12 .
Moreover if itās market cap just hit $100 millions itās price will almost reach $20 šš
What if it gains $500 market cap?? šø šøšš. Itās price will be trading above $100.
Could you imagine if itās market cap reaches $1 billion??š Itās price will be above $200 šøšøšø which is almost 45x of your current investment.
Now imagine if you invest $1000 in OG, it will turn into $45000. #CryptoHistoricMoment #AltcoinMarketWatch #Og_Fan_Token
$OG
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