#ReboundRally Bitcoin has undergone a significant correction, with its price falling more than 15% from its all-time high of $107,600. This drop, which took BTC below $93,000 on December 20, came as no surprise to analysts and is often interpreted as a healthy move for the market. According to Captain Faibik, the correction is nearing completion. He attributes the decline to a large bearish divergence between BTC’s price and the relative strength index (RSI), a common pattern that historically results in drops of 8% to 10%, considered “healthy retracements.” While BTC’s realized losses totaled $28.9 million over the past five days, representing a 320% increase from the 2024 weekly average, the correction also presented an opportunity. Many saw this move as a chance to acquire Bitcoin at lower prices before a potential market recovery.
#MarketCorrectionBuyOrHODL Anyone who invests in cryptocurrencies knows that the market is full of ups and downs. It's like a financial rollercoaster: one moment everything is going up, and the next it seems like everything is falling apart. Just yesterday, I learned something interesting — the crypto market has times when it seems like it "closes" around 5 pm and "opens" again at 8 am, but in reality, it never stops. It's a unique dynamic with no fixed rules! How to deal with the pressure of falls? When coins fall, the pressure is real. We feel that butterflies in our stomach and start to wonder: "Should I sell or wait?" Here are some tips that work for me: Avoid acting on impulse: Falls are part of the game. Breathe, analyze and don't make decisions just because you're scared. Think long-term: Cryptos are volatile, but history shows that they have the potential to recover and appreciate over time. Take the opportunity to learn: Every fall brings a lesson. Observe what's happening in the market and try to understand the factors behind the changes. Why are declines also opportunities? While many people despair, those who are attentive see the opportunity to buy coins at lower prices. It's the famous "buy low, sell high". Of course, this requires courage and strategy, but this is how great investors stand out. A market without fixed rules Unlike the stock market, the crypto market never really closes. It's active 24/7, with intense movements happening at unexpected times. Despite this, I noticed that around 5 pm things seem to "calm down" and start moving again with force around 8 am. Understanding these patterns can help a lot when planning your operations. Conclusion Decreases in the crypto market are inevitable, but they are also opportunities in disguise. The secret is to stay calm, study the market and see beyond the pressure of the moment. After all, those who learn to deal with declines are better prepared to take advantage of the rises. And you, how do you deal with the ups and downs of cryptos?
A POSITIVE REVIEW of 5 Coins in 2024! In 2024, some cryptocurrencies stood out for their positive performance, reflecting a dynamic market full of opportunities. Below, an optimistic retrospective based on the coins with the highest appreciation: AIOZ Network (AIOZ): It appreciated by up to 204.97% in the year. Focused on blockchain for video streaming, it is seen as a disruptive solution for the digital media sector. Toncoin (TON): It appreciated by more than 140%, reaching up to 240% in June. Created by Telegram, Toncoin is designed for payments on the platform and presents unique potential in its integration. Arweave (AR): It registered an increase of 126%, standing out in the decentralized storage market with perpetual data storage solutions. The growing interest in this technology has driven its adoption. Fetch.ai (FET): Fusing blockchain and artificial intelligence, Fetch.ai enables process automation and data network optimization, attracting investors due to the increased use of AI in different sectors Solana (SOL): Despite previous challenges, it had a good year, with a valuation of over 45%. Solana continues to expand in the DeFi and NFT sector, focusing on Web3 solutions, such as its integrated smartphone. Other coins such as Bitcoin (BTC) and Ethereum (ETH) also showed growth, reinforcing their position as market pillars. However, innovative altcoins such as Maker (MKR) and Near Protocol (NEAR) also showed potential. These results reflect an increasingly diverse cryptocurrency market, where technological innovations continue to drive new opportunities. #TopCoinsSeptember #TopCoinsSeptember2024 #BecomeCreator
$BTC BITCOIN TO BREAK Bitcoin is stuck below $100k. This means BTC could break to $60k. If and when that happens, I won't sell. BTC will be on sale. I'll buy more. I predict Bitcoin will stabilize around $250 by 2025. At this stage in BTC's process... price isn't as important... as how many BTC you buy. So take advantage of this to buy Bitcoins at the low and ride the altcoins #Bitcoin❗
Binance Smart Chain (BSC) is seeing impressive growth in the crypto market. By the end of 2023, the network had reached 32 million transactions in a single day, with an average of 4.6 million daily transactions, representing a 35% annual increase.
Soon they will say that Google's quote is wrong and blah blah blah Where is the lifeboat because this boat is sinking and the captain is pumping water from the outside to the inside 🤷
$BNB BNB Chain ecosystem heats up as token hits all-time high above $710 Trading volumes for tokens in the ecosystem have more than doubled in the past 24 hours, with meme coin FLOKI leading the gains among the largest tokens. Projects in the BNB Chain ecosystem have seen a surge in activity, token prices, and trading volume. The price of the BNB token has hit an all-time high of over $710. The surge is attributed to several factors, including token burns, the large user base in the Eastern world, and technical capabilities.
The decision between buying in the market (market buy) or holding your assets (hold) is crucial in the cryptocurrency world, especially on a robust platform like Binance. Each strategy has its advantages and disadvantages, depending on the market scenario and the individual goals of the investor. What is Market Buy? "Market Buy" is an order to immediately purchase an asset at the current market price. This approach is ideal for investors who: Want to enter the market quickly. Believe that the current price is about to rise. Don't have time to set up limit orders or monitor the market. Advantages: Fast execution. Guaranteed purchase, as long as there is liquidity in the market. Simple for beginners. Disadvantages: Risk of slippage (difference between the expected and executed price in volatile markets). Less controlled prices compared to limit orders. What about Hold? “Hold,” or “HODL” in crypto jargon, means holding onto your assets for a long period of time, regardless of short-term fluctuations. It is a popular strategy among those who believe in the potential for growth of an asset over time. Advantages: Avoids hasty decisions in volatile markets. Reduces the impact of fees and costs of frequent trading. Potential for high returns in the long term, especially in solid projects. Disadvantages: May miss out on short-term profit opportunities. Needs patience and resilience in times of decline. Which Strategy to Choose? 1. Market Analysis: If the market is rising and you identify a good opportunity, a “Market Buy” may be advantageous. 2. Investor Profile: Short-term investors may prefer “Market Buy,” while long-term investors tend to opt for “Hold.” 3. Personal Goals: Define whether your focus is on quick profits or building a solid portfolio for the future. What about you? It's at #MarketBuyOrHold? Share your strategy with us!
$XRP , created in 2012 by Ripple Labs, is one of the most well-known cryptocurrencies for its speed and efficiency in international transfers. Unlike many others, it does not use mining, operating through a decentralized ledger that validates transactions in seconds, with low fees. It is mainly aimed at the financial sector, offering solutions for banks and institutions.
At the moment, XRP is quoted at one dollar and forty-eight cents, but forecasts indicate a significant increase, with potential appreciation of at least 200%. This expectation is based on the possible fall of $BTC , which historically benefits altcoins. With this scenario, $XRP stands out as a promising buying opportunity for investors seeking high profits in the short to medium term.
Bitcoin has recently seen a 10% drop as investors liquidated billions in leveraged positions, but it is still up over 40% in 2024, driven by factors such as ETF expectations and the halving expected in April. Altcoins such as GMX, Cardano (ADA) and Fetch.ai (FET) could benefit from this volatility, especially if market interest expands beyond Bitcoin. GMX is positioned for potential upside with solid technical support, while and are showing strong network engagement and AI innovations, respectively. $BTC $SOL $XRP