Lol, bunch of fools. When it was at the bottom nobody wanted it, now that it's at the top and has dropped for correction, they're scared. They bought at the top and are getting screwed, take that in the ass
Mico Leão Rodado
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With XRP, Ethereum, and Solana in the wallet. hahaha
Because people are stupid, they believe that the market will go up because of one person. And now, they will probably start saying that the market has reached a top and it is going up more DJSKS
OBaian0
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Why is the entire market down even with Trump assuming the presidency?
ByBit does not charge for conversion or withdrawal in Pix... 😮💨
bitbaiano
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I went to withdraw my profit of R$ 1,200 and paid a fee of R$ 3.5, at the time of confirmation it appeared that R$ 1,196.50 would be sent, I confirmed and when I went to see in my bank only R$ 1,190 arrived. Does anyone know how to explain what happened?
BTC Analysis 12/09/2024 - Nothing out of the ordinary
So far, everything is going according to plan. My safety short stop was triggered after the breakout of the top at 58,100. Now, we should find the top of Wave 5 in the range between 59,400 and 61,700. $BTC
We are currently observing a possible 5-wave move in the very short term, and we are currently in Wave 4, which is heading towards the 0.236 region. This move could be invalidated if Wave 4 breaks above the top of Wave 1. (5-minute chart was used) $BTC Disclaimer: This text does not constitute a recommendation to buy or sell, but merely a reflection on possible scenarios. Consider other analyses and remember that Bitcoin is a volatile asset, subject to unpredictable movements.
$BTC As mentioned in the previous Bitcoin analysis, it appears that we are in a 5-wave upward move, with the bottom of Wave 4 situated at approximately 55,500. To confirm this analysis, the price would need to break above the top of Wave 3, which could take BTC to 59,000 or higher, since Wave 5 does not have a fixed maximum size.
At this point, I will wait for the market to react and open a short position with a stop just above the top of Wave 3. This gives me protection and takes advantage of the fact that the stop is relatively cheap, providing a good risk-reward ratio.
Given the recent changes in Bitcoin, analyses that were previously less prominent now have greater relevance and possibility of happening for me. I am focusing on two main analyses: the first is based on Elliott Wave Theory, suggesting a 5-wave movement; and the second considers the formation of a bullish ABC pattern followed by a corrective ABC. Possibility 1: We are in a 5-wave movement, according to Elliott Theory, where Wave 4 cannot invade the top of Wave 1. If this occurs, the movement will be invalidated, indicating that we are in a diagonal pattern. In this case, Possibility 2 gains more strength, with the need for some corrections in the analysis.
Disclaimer: This text does not constitute a recommendation to buy or sell, but merely a reflection on possible scenarios. Consider other analyses and remember that Bitcoin is a volatile asset, subject to unpredictable movements. ㅤㅤ
I currently have two distinct analyses on BTC that deserve attention, one bullish and the other bearish. I believe there is a greater probability that we are in a bullish scenario for Bitcoin, but it is important not to rule out either possibility, especially considering the critical moment the market is going through.