Yesterday I calmly analyzed without despair the movement of #BTC in the 4-hour pattern and saw that a bullish pattern is forming again, because the volume has returned to normal, without the explosive manipulations that cause panic. It could still retest the 92k zone, but it seems that it will reach and break through 100k, retreat a little and rise further, and when Trump's inauguration arrives, the probability of the movement rising increases a lot. Never forget that everything in the crypto world revolves around news, it has nothing to do with charts, they just give you a parameter of how the market can react.
Today we will see another lateralization, with fluctuations between 60300 and 62000, I believe it will stay in that range, if there is no explosive news.
Montgox is ending its role and governments are preparing the ground for possible cuts in September, bitcoin will probably grow again from there, along with the result of the US elections.
Guys, if bitcoin explodes high today, it will rise with it, not like it was on the moon, but it will leave the danger zone as is already happening at the moment, hold on to your shorts, because if the fed has positive news today, it will probably explode bitcoin upwards and investors will buy BTC again and raise all currencies together, if the scenario is bad we will fall back to the bottom
Where are the 75k 80k 100k people? Understand, the market isn't like that, I myself was short leveraged 100x at 69300 one week, almost 500usd negative, but I knew that the market would eventually retract or some news would do that, I waited patiently, I have liquidated myself many times just because I believed that the market would do my bidding.
Many here lost, but many who placed shorts at 71.9 and 72k are now happy, the market is like that if you are blinded by money it consumes you and disappears without you noticing
This gold stablecoin is one that you can invest in, it rises in all scenarios, it is always rising, in the midst of wars, economic crises, why? I think most people will already know, #PAXG , it is a stable coin linked to gold, you can open trades on it, buy to hold, you will rarely have a loss
1st, forget about analyzing graphs, if based on this, it is a bet that will not generate profits, it will only show part of the trend.
2nd analyze cryptos that have normal volatility, without pumps and dumps, unless you are an adrenaline junkie, in these cryptos profits and losses happen in moments
3° Read a lot about the news, install an application or subscribe to a crypto and economics website, and news as this also directly affects currencies
4° Don't just rely on comments here on the square, because the majority here are like beggars, none are millionaire traders
Today BTC will probably hit 60k, it's not time to set off fireworks yet, keep your feet on the ground and your eyes on the market, the whales are still in the nearby seas
Since the beginning of May, #BTC... has shown a slight rise and remained stable, all altcoins and memes have already followed this sigh and have risen a lot, almost reaching the value when BTC was at around 63k, that is, the probability that in the next few days and weeks we see a significant increase in values, there will probably no longer be opportunities to buy at the low, maintain your positions in the cryptos you believe in, and stay away from long or short futures for now, as it is still unstable...
I'm going to explain something simple, remember #ETHFI , I bought it in the first moments it fell and after a while it almost doubled its value, for those who buy it expecting something to explode on the moon, they're living the Disney princess dream, there's no such thing! Either you win with a small profit margin due to the hype, or you hope to consolidate days and weeks to make profits. Don't do Futures with a new and extremely volatile currency, because it's the right recipe for losing your money
3 days ago I posted saying about the #Btc and its variation that would go down to a possible 66k, there was an explosion reaching 73k, and it would fall at the same rate, believe in yourself and trust your analyses, too much information at all times can take you out of focus, be down to earth and with an armored mind
I did it according to my strategy, I sold the coins that were stopped, yielding 1 to 2 USD, and I waited for the saga to be launched, I observed the value and variation for 15 minutes, I didn't take the cheapest one, but I bought it before the rise, approximately for 5 USD , and in 2 hours you already hear a considerable profit #SAGA
Does anyone still believe that Bitcoin will fall? it seems to have stabilized at 69k, I believe that now it can vary up to 66k and 70k, this halving is different from the others, perhaps due to the growing wave of expansion in the crypto world, before for laymen it was like a children's story, nowadays it is the future , Are we ready to see a new phase of Cryptos?