This analysis highlights a key trend in Bitcoin's uptrend drawdown behavior—even as BTC’s market cap has grown exponentially, pullbacks have remained relatively shallow, rarely exceeding -25% from local highs since the post-FTX collapse low. 📉🔄
This suggests strong market confidence and resilient buying pressure during corrections. If this pattern holds, any future dips may present prime buying opportunities rather than signs of deeper reversals. 🚀 #bitcoin #Write2Earn #BTC $BTC
Tether's Profit Explosion: A Positive Signal for Bitcoin and the Crypto Market?
Tether Records Profits Reaching US$13 Billion in the Final Quarter of 2024 Exciting news comes from the crypto world! Tether Holdings, the company behind the popular stablecoin USDT, recently announced staggering profits of US$13 billion in the final quarter of 2024. This fantastic figure is not just a number, but also brings a breath of fresh air to the crypto market, especially Bitcoin. Let's delve deeper into what this Tether achievement means. USDT: The Heart of Crypto Transactions Before di
Margin above 10% is very risky, use a maximum of 5% margin, and don't forget to set SL to avoid big losses, my suggestion is to close one that is already profitable
One way to track retail interest in BTC is by analyzing Spent Volume from wallets holding less than 0.1 BTC: 🔍
📊 Peak (Nov 2024): $20.6M spent per hour
📉 Now: $10.7M spent per hour (-48%)
This sharp decline signals lower retail participation compared to past market peaks. Are retail buyers sitting out, or is this the calm before the storm? 🚀 #BTC #bitcoin #Write2Earn