For those living in Brazil, I recommend converting BRL to USDT, as we are going through a crisis in Brazil, and by converting to Dollar, the money will not lose its value as we go through this moment. All the money I have, I am doing this. We all know that Brazil is driven by the Dollar. The goal is to overcome this together. $USDC {spot}(USDCUSDT)
Calm down people, the currency is just correcting what happened at the beginning of October 2024.. see in the chart how much it has risen.. it's just a correction.. it will rise soon.. take the opportunity to buy..
Being BR 🇧🇷 is not easy. R$1000 becomes U$$ 166, you convert it, buy the crypto, the crypto falls even more, the Dollar "devalues" against the Real. You lose twice and it takes a long time to recover the capital. Imagine the privilege of Americans.
Attention Bitcoin enthusiasts! A massive short liquidation of $20.996K just happened at the price of $104,981. This could signal a significant price movement in the coming days. Here's everything you need to know:
📈 What’s Happening?
The short liquidation means traders who bet against Bitcoin have been forced to close their positions, pushing Bitcoin's price higher. This is a key moment for traders, as it could lead to further price action depending on how the market reacts.
🛒 Buy Zone
If you're considering entering the market, look for Bitcoin to find support around the $100,000 - $102,000 range. This could offer a good entry point to join the trend if the price stabilizes here.
🎯 Target
Based on the short liquidation and potential market momentum, a reasonable target price could be around $110,000 to $115,000 in the short-term. This would depend on overall market sentiment and price action.
🚨 Stop Loss
Always protect yourself! A stop loss just below the $95,000 mark would be a smart place to manage risk. If Bitcoin dips below this level, it could signal a deeper correction, and your stop loss will protect you from significant losses.
Key Points to Watch:
Watch for signs of stability around the $100,000 - $102,000 zone.
Keep an eye on Bitcoin's ability to break past $110,000 for the next big move.
Always have a stop loss in place to manage potential downside risk.
Remember: Crypto markets are volatile. Always trade with caution and only risk what you can afford to lose!
Advice for the laymen: buy $BTC , but do not sell or exchange it for other cryptocurrencies. Keep at least 70% of this investment in your cryptocurrency portfolio and wait. Understand that its appreciation is the benchmark for the appreciation of the crypto market.
BTC is revolutionary! It was from BTC that all blockchain technology began. This crypto has its founding myth, as no one knows for sure who created it. It is safe, scarce and valued worldwide for all of this.
Buy it and keep it safe with you. Sell it only to invest in something bigger: the purchase of a valuable asset for you. Transform this digital currency into something physical (in the real world).
It can fall 10% or more.
But believe in the POWER OF $BTC !
If the price falls, it is a great opportunity to buy more. Know that it is worth much more than a diamond 💎