Twitter is beginning to actively compare the recent decline of Bitcoin with the "coronodump" of 2020.
Allegedly, all the worst has already happened in the markets and then only the natives..
Be Reasonable!!! Then Bitcoin was dropped by more than 50%. And eliminated margin positions even up to 1.5X leverage. All this suggests that for now we are waiting for several months of flat and positive. BUT THE FINAL STRAIT IS STILL AHEAD. Good hunting!!! #BTC
They hit exactly the dynamic trend line.I believe that the bottom has been passed and this was the first incoming wave of a new trend starting from June 2023.The graph also speaks in favor of the theory Total3 The conservative goal is at least to update the high of the last cycle of 23%. The standard target for the new cycle is 28%. #AltcoinStrategies
We saw the 0.5 correction level. The question is whether we will see the development of the 0.61 level. I think so. I posted my thoughts on the market earlier in this article #BTC
Unexpectedly, they quickly came to the buyer's block. And they even broke through a dynamic trend line on the impulse. I think this is a good opportunity to start building a portfolio with a ladder ON the SPOT. I have recently designated the buyer's zones in this article
-In this article, I want to raise the topic of cheating with memcoins.
-The whole scheme is based on the fact that an ordinary crypto user will not delve into where all these coins originate from. It's enough for people to see a coin grow by thousands of percent in a matter of hours. And to dream about how one could get rich by buying literally for a negligible amount. - You will never be able to buy this coin at the very beginning at the bottom. And now I'll explain why. -To buy a newly create
- The historical chart of dominance , it also reflects trends within the market capitalization. This is a priority schedule for altcoin holders.
-The chart has a 9-year trend history and globally it can be structured into a single downward trend channel, where its dynamic levels are the main benchmarks. -The most interesting thing is the level of 57.5-60%, this is just the same dynamic milestone of the monthly scale, from there I expect a reversal of the BTC dominance down.
- The bear market in BNB was completed in a "wedge", where the final wave of decline took a truncated form (flat bottom), which is always less likely, but at the same time it always speaks indirectly about the strength of the asset. - The price has overcome the dynamic wedge/bear market level, the de facto global downtrend is broken.
Approximate price movement vector (globally) it is indicated on the graph. The conservative target is 950-1000. The standard target is 1400-1500 per coin
When will altcoins go? - The second driving wave of correction (current), from March, originates from 719 billion. - - The estimated end of this movement is the buyer's block [533-505 billion] - If I am right in my reasoning, then at the moment the final part of the decline is underway, after which, in my opinion, the trend will continue.
In favor of this theory, it also says that the dominance of bitcoin has almost reached its goal of 58-60%. After that, we can already expect more distinct mov
Hello everyone I wanted to dedicate my first post to the most exciting topics of Bitcoin and altcoins. And although I have been dealing with cryptocurrency for several years now, this is the first time I am writing on this topic. Why? Probably, over time, everyone has a desire to share their vision of the market. After all, there are so many people and opinions. And I decided to express my opinion and do not judge strictly))) So Bitcoin. The main asset of the crypto market has been locked in the